Post
Topic
Board Altcoin Discussion
Re: Altcoins profits or bank profits, which best?
by
Luffygroove
on 23/01/2024, 11:39:46 UTC
I believe there's a good explanation why investing in cryptocurrencies is so common these days. There's a potential we'll make more money in cryptocurrency if we compare it to a bank's profit, of course. Why? There are some risks to be aware of, even in the bank. It seems obvious that we will profit more from cryptocurrency than from putting it in the bank because the risk is bigger. The cryptocurrency market is always active, increasing our chances of making money but also increasing our chances of losing it. Your money is genuinely invested somewhere when you store it in a bank; inflation is your biggest adversary and occasionally you can't access the money you need right away when you require a substantial quantity.