Hello again my fellow community, I just want to share a comparison on where we should put our money now based on my personal opinion and experience. I would also like to remind you that I'm not your financial advisor and what I'm sharing here is base on my theory and own personal investments.
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BANK
A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes. There are several different kinds of banks including retail banks, commercial or corporate banks, and investment banks. In most countries, banks are regulated by the national government or central bank (credits @ https://www.investopedia.com/terms/b/bank.asp).
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Advantages:
Bank accounts offer convenience
Bank accounts are safe
It's an easy way to save money
Bank accounts are cheaper
Bank accounts can help you access credit
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Disadvantages:
Bank have chance to go bankrupt
Bank have a risk of fraud and robberies
Bank have a risk of Public Debt
Overall, to summarize it, having a bank is really good as you can keep all your savings there while making a good credit name in return to access more funds for investments. However, on the other hand, we are not really sure how long does a bank would last and offer us good credits while also paying interest from loans, credit cards, and other investments.
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SPLINTERLANDS
A new generation NFT (Non-fungible token) game that just breaking records all around the corner and making new heights in the NFT crypto gaming world. It's fun, unique, addictive, and innovative in so many ways that will enable you to get a lot of opportunities to earn.
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Advantages:
Play anytime
You can play it right away either you buy a spellbook to earn DEC (Dark Energy Crystal) tokens or just try it first and learn from it.
Invest money and trade
This is like a little crypto trading platform that will enable you to buy some assets like gaming cards, SPS (Splinterlands token), DEC and have a chance to exchange those to most of the tokens around the crypto world such as BNB, HIVE, ETH and many more.
Earn right away
This is just amazing that putting an investment such as buying some great cards like rare, epic, or legendary (gold or normal foil) you can actually keep it or put it on rental to earn some decent DEC and additionally from at least 300 more days, you can get airdrop points (free SPS Token). Also at any point, if you just want to sell it and buy a new set of cards you are free to do so.
Stake your assets
This is one of the powerful tools on this platform that most of the NFT gaming world should start to consider moving forward. By doing so, you will be rewarded daily by staking our assets and giving us additional benefits in the long run such as the incoming Chaos Legion Pack presale voucher later this month. Not only that, a lot of assets are available in the community that you can exchange or stake with your desired tokens.
