Life is about up's and down's, as God created heaven and earth, light and darkness, Water and fire...so is saving and crypto. The both had their respective advantages and disadvantages but we can take their advantage to ourselves while minimizing the disadvantages to a certain level.
CRYPTOCURRENCY IS NOT A JOKE
While I was growing I never had the intuition that crypto is another form of business investment, my thought was that all people who engages in it are fraudsters, but NO, even though there are people who does lots of attrocities but still not everyone does that.
My first time in the crypto world was when I started this hive block chain around last year (almost a year now), when I first withdrew my HBD from the blockchain, I had to pass the HBD from one blockchain to another just to make profit.
Later I had to know all about other risk associated with it, the risk of dipping,loosing private keys or mistake in keys, you just have to be very careful or else you loose your money.
In-between you have to be an active user in case opportunity comes, it requires your 100% attention if you really want to trade and make extra money.
Eventually you don't have to trade sometimes if you are scared of making loss, you can just put your money in there without converting it to coin, but still there might be fluctuation in foreign currency converted to local one.
In summary, CRYPTOCURRENCY requires your special attention, and alert to opportunity or else you might be at break even and I believe the main purpose of crypto is to make profit.
IS BANK SAVINGS BETTER (COMPARISM)
Even though I have bank accounts, recently I prefer to put my money in crypto wallet, except for fixed deposit account users who receives monthly commission, I would prefer cryto over bank account.
Even though it has its advantages, it also has its disadvantages.
Bank savings does not really require your 100% activeness, all you have to do is just put your money in the bank and relax your nerves.
There are also lots of dangers associated with bank savings, recently the rate at which fraudsters defraud people is alarming, someone had to be conversant with their recent update in other to avoid being scammed.
Stuffs like ATM card, BVN, ATM pin are so dangerous to let loose. Loss of these materials makes it easy to penetrate your account, while in crypto all you have to do is to keep your password and keys safe.
Another disadvantage of bank savings is the bank charges on withdrawal, ATM card, maintanance , transfer charges and all other sort of charges.
Imagine a situation you are having an exact amount on your account balance (let's say #1000) and #5 was deducted for charges, that's where another problem starts.
I don't really believe in making loss in crypto, all you have to do is be patient with rise and fall of coin, that's also a disadvantage of crypto.