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Topic: Besides crypto, what would be the safest way to hold your money? - page 4. (Read 1325 times)

full member
Activity: 476
Merit: 102
Beside cryptos' there are many way to secure your money without losing of it. Invest your money in the good way through real state, buying land or put up a business that trends nowadays. Investing your money in good way it will never lose instead you will gain profit from it.
hero member
Activity: 588
Merit: 500
Crypto-currencies are not the most save method to hold money indeed. If I would have some big extra money I would chose realty as a form of investing my money. For sure it's more save than crypto-currencies. But I would share this investment between Bitcoin and realty Wink
member
Activity: 952
Merit: 41
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?

It is good not to spread your eeggs in one basket, going into real time investment is better and a good option. Like going into real estate buying of land because land can Never loose it value.
full member
Activity: 630
Merit: 103
Converting your cash into cryptocurrency is one of the good ways to save it or keep it safely. I have never seen a report that bitcoin is hacked, but you can be hacked if you are careless. You can also keep it in banks, but be sure that the bank you will leave your money to will be trusted and not near bankruptcy. You have to keep in mind that banks are vulnerable to hackers so you have to go to a trusted bank. Another safe way is keeping it at a safe place at home. You can place it in piggy banks and you must have discipline not to use it unless needed.
newbie
Activity: 56
Merit: 0
Right now I holding my money in bitcoins, but if there was no bitcoin I would holding my money in banks. But there are also some options where u can hold your money not including banks, that are foreign currency deposits or just hold your real cash, also deposits in precious metals and gold (purchasing gold items, coins, bullions, metal bills in banks, "gold" futures) or u can participate in the mutual fund (unit investment fund).
full member
Activity: 210
Merit: 100
You can try to invest in fine arts, fine wines, antique cars or any antiques. This kinds of investment is rare, but not much on the scrutiny of government. Only setback to this kind of investment is the security, you need a good cabinet padlock and with electric gated house.
legendary
Activity: 3234
Merit: 5637
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I do not think you can not go wrong with invest in gold,it is always in demand and has a stable price,so your money will be safe.Investments in crypto are profitable but very risky because of their volatile nature and the facts that are completely dependent on the internet.In a world like today nothing is safe,but by distributing your money between different assets you can reduce your risk.
newbie
Activity: 14
Merit: 0
How to get bitcoin gold?
Although it is warned that the bitcoin holder will not receive the corresponding bitcoin gold if stored on the trading platform, this is the easiest way to get bitcoin gold. Therefore, find a trading platform that supports bitcoin gold to keep your money today as the breakout occurs. If not, best investors should store bitcoin in the bitcoin.com main wallet or wallet that holds the private key.

Up to now, there have been 20 exchanges and electronic wallets promising to support bitcoin gold once the currency is released. Although Coinbase, the largest US-based bitcoin operator, announced on Oct. 20 that it will not support bitcoin gold due to some developer doubts.

Coinbase has so far not been able to support bitcoin gold because the developers of the coin did not publish the code before performing the separation, which is a major safety risk.
full member
Activity: 994
Merit: 117
I hope the crypto collapse will never happen.
and the safest place to save money other than the bank in my opinion by buying gold, because the price is relatively stable from year to year.
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
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?

holding money is good idea but why you hold your money if you can build any business to have profit right?so better to do is build some kind of business then if your money is so high then try to save that in bank or you can also donate that in some charity to help other atleast even your so rich you have plan in the future this is my ideas
member
Activity: 112
Merit: 12
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.

I agree with Gold, as in gold jewelries. I remember I have like 50 grams of gold before and its like x5 by today's price. So I think gold and other precious jewels such as diamond is a good investment besides crypto's because the price could multiple many times and can grow exponentially overcome. But just remember to keep them as well in a safe place just like your bitcoin private keys. So that it will not be stolen by someone. And the good thing about gold jewelries is that its easy to pawn, so if you need an immediate cash, you can just go to a pawnshop and immediately exchange it for cash if you need money in an emergency or something.

Diamonds are a key, you can hide  a baggy up your ass, and it sets off no dectors, the new body-scanners may mean you need to tape them here&there, but still the idea is the same,

CIA has been moving its loot for years with diamonds, its the only way to move large amounts of cash without setting off metal detectors. Modern back-scatter tech probably catches diamonds, but you could always keep them on your glasses or watch, or a ring, or any fake costume jewelery that dumb TSA people would not want, These days with the way body scanners are working, I think hiding a bag of diamonds in your ass would no long work, hell I tried to keep a wad of 100 dollars bills rolled up like a joint on my ear, and they caught it!, they're good!
sr. member
Activity: 434
Merit: 252
Mutual funds is the way to go. The risk is a slightly less and you don’t need to have a huge initial amount to get it done unlike real estate. Also the interest rates are pretty high if you are find a guy who knows his shittz
member
Activity: 112
Merit: 12
Real estate is fairly safe but if the whole financial system comes crashing down then real estate may suffer too. Gold would probably be safe also.

I would think Real estate is one of them but provided you live in it or it is in your vicinity so that you can keep checking the conditions and know that no other person has entered over their.

On the other hand gold is also a good option as you can anytime sell it whenever you need it and any amount vs for real estate it is not that easy to sell it.


CIVIL-WAR is coming, and in a civil-war the LAND becomes worthless and after the civil-war the WINNER's decide who owns the land,

Thus if you believe the USD/US-GOV is going to collapse and become an un-civil war, you don't want to go there, you need to be able to EXIT the USA, and that means with a suitcase, which only leaves BTC.

Long ago, a person could carry gold during an EXIT, but now they can see 'gold' buried from air-planes "remote sensing", its 50 year old TECH.

IMHO I would say GOLD & BTC, when I say BTC I mean eth, zen/zcash, dash,... any good high value/high market cap leader in each algo category.

The entire world is descending into ww3 and crypto-currency is the only way to "take it with you".

First advice would be to get the fuck out of the USA before the SHIT hits the fan, go live in some place like CHINA where owning gold is OK, and have BTC for insurance, ... if your rich, go to new-zealand, that's where all the rich are going now.

If your poor, and must stay in USA, then find some mid-western place and learn a trade, and keep your head low, the coming years in the USA will be hell, BTC is just a way to "MOVE" your wealth naked, as TSA will have body-scanners on every corner and civil-asset forfeiture will fuck you out of any thing your holding.

Study history of global civil-war's in history folks, owning real estate is the last place you want to be,

The way you make money on RE is to return and buy it for nano-penny's on the gold-dollar. Post Civil war.
sr. member
Activity: 2618
Merit: 439
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.

I agree with Gold, as in gold jewelries. I remember I have like 50 grams of gold before and its like x5 by today's price. So I think gold and other precious jewels such as diamond is a good investment besides crypto's because the price could multiple many times and can grow exponentially overcome. But just remember to keep them as well in a safe place just like your bitcoin private keys. So that it will not be stolen by someone. And the good thing about gold jewelries is that its easy to pawn, so if you need an immediate cash, you can just go to a pawnshop and immediately exchange it for cash if you need money in an emergency or something.
full member
Activity: 126
Merit: 100
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.
full member
Activity: 364
Merit: 101
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?

Buying land this is good choice in my country because it's a safe and profitable way, but must have enough capital and expertise to choose potential land. Personally I have constraints in this investment sometimes there is a potential land but I don't have enough capital
hero member
Activity: 574
Merit: 503
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?


Hide it under bed? It could be good, but there's one more way that works. Keep your money on your mother, your mother will take care of your money, even she will not give your money to you easily, she will interrogate you, she will ask for what the money is. Your mother will not let you waste money. So your money will be safe in your mother.
legendary
Activity: 3080
Merit: 1353
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.

Yeah, I agree. This is the first thing in my mind when it comes to investment. Buy apartments or condo units and have it rented and in no time you have the ability to fully paid. That's what I do in 2008 when a purchase and house and lot in our place. Its only about 5 years from now that I will have paid it already. And the price has already appreciate in the last 9 years or so. If I have sell it today, I could have doubled or tripled my investment already. However, I won't do that because is one of the best investments I have and I will give to my kids when they grown up, sort of inheritance. So to answer the OP, gonna be real state all the way.
member
Activity: 532
Merit: 13
It depends upon the amount of money you are holding. Buying a house to rent should give income and capital,so should carefully chosen company shares. How safe do you feel making such financial decisions?
full member
Activity: 434
Merit: 100
The best option for hold money other than crypto may be investment in property, gold and stocks as it can provide benefits even though it takes time, but the best investment still is crypto because investment in crypto can provide huge profits in a short period time
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