Post
Topic
Board Economics
Re: Investing on Cryptocurrency is safer than saving or investing with local banks
by
RockBell
on 14/09/2024, 21:22:47 UTC
Some people who have lost everything through crypto investment also need to be investigated properly whether these people did it right or even made fatal mistakes that could result in them losing everything in crypto. Because after all, crypto technology is still much better than the technology used by banks, even though banks always try to protect the funds of their respective customers while using the funds in several sectors that can generate profits for the bank.

And if you have seen some people who have lost everything through crypto, you should also see that there are many people who have gained everything through crypto and also don't forget to investigate some people who were disappointed with the bank when they wanted to withdraw large amounts of funds for more logical reasons.


Their actually people who have lost everything to crypto but if you look at they must have made a very wrong move and which day  i saw were someone used 45k to send 75k i don't know how true that is but if it true that was a very wrong mistake hat person must have done spending that on gas fee banks are still back words and in term of technology and the issue will no be will the person make the mistake know to people because some of them might just want to be keep it low so that people won't say unpleasant words to him but how do you learn when people don't know about your failure and their is nothing wrong with failing it is normal to fail sometimes so that you can learn from how failure. Banks will use you money even for loans and they won't give you any profit for it that is just how banks are designed.

But the only case that i will say i know of losing everything to cryptocurrency was how the person was busy selling off is assets gradually untill everything was liquidated and he would have just be patient but know his always in need of money and he keeps selling and selling until nothing remains. Is good we know so that they won't make the same mistake again. Banks are different bitcoin might be a currency but more valuable as an asset.