Post
Topic
Board Economics
Re: Investing on Cryptocurrency is safer than saving or investing with local banks
by
Tigerheart3026
on 26/08/2024, 15:22:31 UTC
both have same disadvantages about security issues, but i think bank is less risky than in cryptocurrencies investment
because you know about your local bank is how much safer and you can pick the best bank in your country which is very strong in security but in cryptocurrency investment it’s quite difficult to safe money for newbies even for experienced peoples.

In addition, local banks also have an excessive level of difficulty when we want to withdraw large amounts of funds which must have a fairly logical reason, while in crypto there is no specific reason for withdrawing funds in such a large amount and can be sent directly without having to queue at the bank teller when you want to send a large amount.
yes this great opportunity in cryptocurrency investment, no limit in transfer money, no one ask to reason about transfer large amount that's a big freedom undoubtedly.
i told bank bank is less risky than cryptocurrency it’s have another purposes because safety is first priority,
there are many people who lose everything after investing in crypto just because of they were not security conscious or lack of knowledge in security.