Saving in bank versus saving in cryptocurrency

One thing that I have grown to love about cryptocurrency is the very fact that we are not limited to what we can earn and also how we can earns it. Many people who loves to hide their wealth are now making use of cryptocurrency to do so. With cryptocurrency you can save your money online, into the blockchain to be precise and you will never find any body having a clue of where your money is being stored. This is one thing that I have grown to love about cryptocurrency. When it comes to safety of those fund your money is always safe and if the Dapps that you are using to interact is no longer on air you can use other medium to access your fund or you can built your own Dapp which you can simply use in checking your fund. In other to maintain more standard I have seen people who invest their token into Usdt, we all knows that Usdt is stable so their saved fund might maintains it value for a very long period of time, although I have seen a situation where the pegged dollar got broken but that always happens in rare cases. I know more people will take the opportunity to save more of their asset online as time progresses, this is simply because it is more safer and it might yield better reward than saving it in bank. We all knows that cryptocurrency is far better than saving in bank, I have money that is in the bank and after about 10 years the interest is just peanut, I was just laughing seeing it but if same money is invested in cryptocurrency you will make a lot more better than what you are getting from bank. This is one aspect why saying in cryptocurrency is far better than saying in the bank.

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Some years ago, precisely 15 years ago I remembered a friend of mine and one other person that walked up to me. The other guy is a banker, he is at that time moving from one locality to the other telling people why it is good and better to have savings in bank. They both came to me so I had to give them listening ear. My friend says that he invested his money in their bank so he doesn't knows if I will be interested. I asked the banker to brief me about what I am to invest into and he did. The banker spoke for a long period of time detailing and explaining to me the reason why I should take such opportunity serious, he said I will be earning 5% monthly and that will be 60% monthly. It sounds like a good deal to me so I decided to give it more attention. After much deliberation I invested about $500 and I promise to leave it for a very long period of time, precisely ten (10) years .

As we have it, while my investment is still counting do you knows that cryptocurrency came on board. I had little knowledge of cryptocurrency then and base on how we all have to be observant and careful of what we are doing I had to make sure that I am save and not being scammed. We all were having the mentality that cryptocurrency is a scam project and when I talked about it with my friends and also the banker he said that I should never invest my money into something like that, he says it is pure scam. At some point I took his advice but as time goes by I begin to see that cryptocurrency is not what exactly they are referring it to, it is not a scam project and with it I can achieve a lot of things.

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I begin to see a different world in the world of cryptocurrency so I decided to take a look into it by giving it more attention and time. I gave it more attention and the outcome was amazing. I invested same amount of money i.e $500 and I discovered that just 2 months of investing into cryptocurrency the reward is something else, I made a lot of money which I use in sorting some personal stuff. I had to run back to my friends and told them my observation, they all pulled their money from the bank and keyed into cryptocurrency. The good thing is that irrespective of anything they are making good amount of money already from cryptocurrency and they have nothing to regret about. They have already made a lot of money more than what they invested.

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Comparing cryptocurrency to bank I will say that both have roles to play but currently now, cryptocurrency is far better and it is also the future. Despite what I hinted above, cryptocurrency needs banks to operates too. So we all needs each other.

I will end the post here, hope you love it.