Quote from: Essential10 on January 31, 2024, 10:42:03 AM

Quote from: Tipeform$ on January 30, 2024, 11:24:58 PM

Despite the risks in cryptocurrency investing, I think it is currently less risky than keeping money in the bank. At present, in almost all countries of the world, many risky people who keep money in banks are now withdrawing money from banks and using it for other purposes. Especially those who are well experienced about cryptocurrencies are taking money from banks and investing in cryptocurrencies. Just don't have to have experience in trading if you hold good top cryptocurrency then you can get good success which is hundred times more profit than bank.

No matter where you put your money, there will be more or less risk, be it in banks, cryptocurrencies, or any other activity. Currently, in almost all countries of the world, the trend of keeping money in banks has increased, I don't think it is decreasing. Most people in the world don't know about cryptocurrencies. But those who know about cryptocurrencies may be investing their money in different coins. Yes if you catch the right coins you will get more profit than bank dividend. If you think you are expecting hundred times profit by investing in crypto than what you get in bank then I think you can lose your money. I don't know any crypto currency promises hundred times profit.

This should be the main reason why you ought to make your research carefully when investing, crypto is more preferable compared to fiat, if I may ask aside from making profit people still decide to hold bitcoin for future purpose, store of wealth etc, people no longer save money using the banking system cause at anytime your money can be affected by the poor economy situation but crypto price can't be affected by the poor economy, if you're talking about the choice when choosing an altcoin then you should go for the best. Fiat and crypto has nothing in common especially in aspect of profit making.