I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
I think with that comparison and the amount of money you have at your disposal, I would suggest that you should be a little greedy and do both investments. After all, it's $2,000 we are talking about here, that is a substantial amount of money, at least, as as starter capital both in bank investment and in cryptocurrency investment. However, you should allocate your funds diligently so that you won't end up losing it both. Banks tend to give returns longer, on the other hand, cryptocurrency investments may give you good returns, but then, it could also be unsuccessful, which may not give you the profit you desire.