Topic: Besides crypto, what would be the safest way to hold your money? - page 2. (Read 1325 times)
November 04, 2017, 09:33:38 AM
currently save your money into the banks still one of the safest way to keep your wealth secure because banks supported by government so the government will have high concern to manage the security of banks and you have to realize that all of kind investment type have risk but if you decide want to zero $ into your banks account and buy another investment beside invest at cryptocurrency i think invest at physical thing such as real estates is good to be considering
November 04, 2017, 09:22:06 AM
Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
I think you can keep your money by buying gems if you do not want to deposit into the bank or the crypto. Investing in gems can also bring you profits because price don't always stay the same. But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
November 04, 2017, 09:15:10 AM
Because of FATCA, many Americans have been incorporating private offshore vaults into their portfolios. Zero growth because these are essentially secure shoeboxes, but as long as you pick stable countries and any of the dozens of 50-80+ year old companies that have been in this business for a long time, IMO whatever you want to keep in these shoeboxes is pretty safe.
November 04, 2017, 08:40:26 AM
i am always skeptical about thinking that many people like OP actually exist or not. he claims that he is trying to not hold any money in banks and that is impossible to do! where are you going to keep your fiat? in your mattress?!
i don't know why some people are so anti-banks around here. we all use them, we don't like all of what they do, but we love other things they offer, so i don't get why this much hatred and pretend that they don't use banks!
as for the main question, cryptocurrency in general is safe only as far as cryptography goes and that is pretty safe for bitcoin and you can say for some altcoins but many may even have bugs. on the other hand safety of money is its value. and in general crypto is not safe at all specially altcoins. even bitcoin is so volatile at that. this means it is not something you keep everything in.
i don't know why some people are so anti-banks around here. we all use them, we don't like all of what they do, but we love other things they offer, so i don't get why this much hatred and pretend that they don't use banks!
as for the main question, cryptocurrency in general is safe only as far as cryptography goes and that is pretty safe for bitcoin and you can say for some altcoins but many may even have bugs. on the other hand safety of money is its value. and in general crypto is not safe at all specially altcoins. even bitcoin is so volatile at that. this means it is not something you keep everything in.
November 04, 2017, 08:31:43 AM
Safe would be relative to one's occupation. I own a bit of real estate and a few homes, but considering I spend much of my time travelling, I prefer that most of my capital is liquid, and that means cash in a variety of offshore banks. It's the 'pool' of banks (as in multicurrency current and fixed accounts in a 6-7 major currencies in multiple countries) that in my opinion makes this the safest way to hold capital. Your country risk, market risk, and institutional risk are better spread out that way. You lose out to inflation, but that's a relative issue when compared to the general population of Earth who are not net savers anyway.
November 04, 2017, 08:20:26 AM
I would say art. If you have a lot of funds besides cryptocurrencies it's good to invest in art. Their value with time only grows up and you can't lose, only get huge profit.
Real estates are not so profitable and their price often depends on the location and overall financial situation so that wouldn't be my suggestion. Gold is classic investment and that also could be an option but my first choice would be art pieces.
In my opinion, investing in agriculture is a worthwhile investment, why because as long as there are human beings in existence, they will continue to eat food . In my mind though a hard and difficult job agricultural investment is one of the best in the world. Real estates are not so profitable and their price often depends on the location and overall financial situation so that wouldn't be my suggestion. Gold is classic investment and that also could be an option but my first choice would be art pieces.
November 04, 2017, 08:16:33 AM
I would say art. If you have a lot of funds besides cryptocurrencies it's good to invest in art. Their value with time only grows up and you can't lose, only get huge profit.
Real estates are not so profitable and their price often depends on the location and overall financial situation so that wouldn't be my suggestion. Gold is classic investment and that also could be an option but my first choice would be art pieces.
Real estates are not so profitable and their price often depends on the location and overall financial situation so that wouldn't be my suggestion. Gold is classic investment and that also could be an option but my first choice would be art pieces.
November 04, 2017, 08:14:58 AM
Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
I really think the best way is to buy lands because as time passes by it's value increases and I really think same as bitcoin, lands will cost more in the future. It's best if you will put your money somewhere you can gain income, instead of putting it in a bank, it's better if you will have a passive income. You can also start a small business, that way you can ensure your self that you will have something back from your investment.
November 04, 2017, 08:12:51 AM
i think best way to hold money is to invest in real estate or in land. as the price of land keeps on increasing and its demand will never go down (provided some study had been made on the location's future). I would say that investing money in gold is lame waste because its price will never get double within 3 or 4 years but in crypto its possible.
Real estate or land does accumulate or increase in value especially if the land is located where development will undergo or urbanization so it’s a good way of investing as well. With gold, it’s considered a secure way of investment because many have trusted it for years and believe that it’s value won’t go down for the years to come as with other precious stones or materials. I also still trust banks, even with many cryptousers who do not trust banks because it is still secure.
November 04, 2017, 08:06:10 AM
Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
i suggest mate to invest the other $ to bitcoin but if you have doubts about crypto collapse then hold it for a moment and then when you notice that bitcoin is gaining some strength to climb then invest . no to worry about that but must is knowledge how to get right timing to invest in crypto which is the buy low and sell high .learn first the movement of bitcoin on the market cap to avoid lose. Like now adays bitcoin is in a higher value and its continued climing this is the right time to invest bro. And the other dollar ..just Keep it for emergency. But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
November 04, 2017, 07:15:14 AM
i think best way to hold money is to invest in real estate or in land. as the price of land keeps on increasing and its demand will never go down (provided some study had been made on the location's future). I would say that investing money in gold is lame waste because its price will never get double within 3 or 4 years but in crypto its possible.
November 04, 2017, 07:11:29 AM
Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?
According to me gold and land are the best way to invest your money because both of them are never too volatile based on the price market and both of them will eventually rise .
November 04, 2017, 07:07:12 AM
Considering gold and diamond is good for investment, but I think if I'm going to invest my money aside from bitcoin I'd rather choose to invest my money by buying some land titles cause I think it is also sa safest way to hold your money, and you don't need to wait to increase it's value because land titles increase it's value yearly and it is not hard to sell land because it is a basic necessity so you don't need to worry if could sell it. Because it's on your control on how or when are you going to sell it.
November 01, 2017, 08:53:32 AM
im agree with the others, real estate is the best choices to invest your money, because someday it will have a higher price, because by the time, people in this world will have a big population that make some people need a home to living, so my advice is invest you money in real estate and a half in cryptos, it will be a great ways
November 01, 2017, 08:18:44 AM
Gold and high precious diamonds would be a great alternative if you want to. It’s worth won’t go down but up in such collapse simultaneously in the bank and cryptocurrency. But to hide it on the safe is a different story, it needs more than security but also luck. So before doing so, make any plans in advance about those area of putting those or you might be on hide and seek with criminal elements around.
Gold and diamond are the safest investments as their prices are very constant in nature and there is always a possibility to get profit from it but the ratio of profit is not so much high if we compare it with other investments like in business, buying houses, commercial shops or private companies etc. November 01, 2017, 08:18:06 AM
Real estate, no doubt. I'm currently looking into it and have invested on a 350 sqm lot at a strategic place near the metros. A lot of land developers are drooling at these strategic places and would pay you a ton of money just for these lands. It isn't difficult to maintain too, plus the fact that over time, the lot becomes more and more expensive as the need for housing spaces and commercial establishments arise. Crypto is good for storing in 5-10 years, but if you want a longer time frame than that, try investing in real estate.
The profit ratio of the real estate is much more higher than other properties because the population of this world is increasing day by day while there is no increase in the land area of this universe so I also suggest to invest your money in real estate for getting remarkable profits. October 31, 2017, 11:52:07 AM
Real estate, no doubt. I'm currently looking into it and have invested on a 350 sqm lot at a strategic place near the metros. A lot of land developers are drooling at these strategic places and would pay you a ton of money just for these lands. It isn't difficult to maintain too, plus the fact that over time, the lot becomes more and more expensive as the need for housing spaces and commercial establishments arise. Crypto is good for storing in 5-10 years, but if you want a longer time frame than that, try investing in real estate.
Similarly to dothebeats, when I will become rich, I will invest:
- 1/3 in crypto (to continue having fun in trading)
- 1/3 in real estate
- 1/3 in bank funds and bonds
This way, if something happens to one of the three markets above, I could survive
October 31, 2017, 11:31:48 AM
it would be bank i don't see any other best alternative to it i do understand banks can't be trusted because of various issues but after bitcoin if i had to choose i would surely choose bank as keeping in home is really risky
October 30, 2017, 11:54:31 AM
My best choice will be investing in real estates located in areas you are able to rent out easily. By paying the down payment and mortgage, you can pay monthly loan installments using the rental received monthly.
October 30, 2017, 10:29:12 AM
For me another one holding my money will invest in building a Apartment Building. It's demant now that many people need a home or have temporary shelter while saving money to buy a home. It's easy to regain your inivest here especially if you're in a commercial center where the city center is located. Because there are many student boarders and people who want to rent an apartment to get their home near to their workplace.
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