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Savings In Bank Or Savings In Cryptocurrency(bitcoin). Which One Is Better? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Savings In Bank Or Savings In Cryptocurrency(bitcoin). Which One Is Better? (195 Views)

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Savings In Bank Or Savings In Cryptocurrency(bitcoin). Which One Is Better? by phenzy(m): 8:57am On Feb 01, 2021
I need suggestions and advice please grin
Re: Savings In Bank Or Savings In Cryptocurrency(bitcoin). Which One Is Better? by ekpeye(m): 9:09am On Feb 01, 2021
phenzy:
I need suggestions and advice please grin
Your money doesn't increase in bank rather it decreases bank will remove your money for sms then vat for same sms. Since 2018 if you have money in btc the money doubles every year, these days it is not even double but tripple.

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Re: Savings In Bank Or Savings In Cryptocurrency(bitcoin). Which One Is Better? by samsard(m): 9:58am On Feb 01, 2021
ekpeye:
Your money doesn't increase in bank rather it decreases bank will remove your money for sms then vat for same sms. Since 2018 if you have money in btc the money doubles every year, these days it is not even double but tripple.
You forgot to tell him that crypto currency is also volatile.
If you 'save' money in crypto at the wrong time and it crashes when you need it, you'll have to bear losses.

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