Quote from: Boomber on January 29, 2024, 08:44:34 AM

Quote from: Jocuserious on August 10, 2023, 04:47:05 PM

Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.

On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).

bank in your country are very great, because they can provide profits of 8-10% per year, because bank in my country can only give me a maximum profit of 6-7% per year and before tax is deducted (maybe 5-6% net), then from that I am more interested to investing in cryptocurrency, because it can provide bigger profits than me saving my money in the bank, it's just that the risk of investing in cryptocurrency is very high compared to me saving my money in the bank, but I'm ready for the risk and I also only invest in Bitcoin for long term investment (I invest in altcoin only for short term investment, sell them when I get a profit), so I can minimize the risk of me investing in cryptocurrency and I believe Bitcoin is a very good investment for the long term and can gives me a bigger profits than if I kept my money in the bank.