Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
Its a risky thing to do on which you would pull out those funds on insurance just to put it on crypto knowing that anytime coin would dump on where it would result on having a messed life because you dont have anymore money since you do go all in.This is why on this case i would really secure some funds for insurance and just put the amount that you can able to risk on crypto. 
Topic: Insurance or cryptocurrency investment? - page 11. (Read 2965 times)
Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
Now the best insurance you can give yourself is to invest in bitcoin and most of the popular altcoins. Insurance companies will use your investment and pay you pinnot which in the long run live you unhappy more than were you are before investing. Bitcoin on the others hand will make you a millionaire if you can invest in it and live it for the next 10 years. Many people that invest in some cryptocurrency since the advent of bitcoin are now a million in they local currency. 
It think it should be both. If you will take off your investment from insurance and put it on the crypto currency make sure when you earn enough profit on the crypto put back your investment in Insurance. Insurance is a pre need what if you loose all your money in crypto its better to be secure than to be sorry.
People get less interest on insurance because different policies of the governments so I will go for crypto currency investments which can help me out to make more money from them through trading or by selling my products for crypto currency online. Crypto currencies are a better way to earn more money than a regular job. 
Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
Well, it depends on how much you wanna risk. Keep in mind Bitcoin and altcoins investments are very risky nowadays and you may lose a meaningful amount of money with it. But, this is the case where high risks = high potential returns. Cryptocoins are able to go very high in price in a very short period of time.
I also suggest to look at Insurex. It is a blockchain markeplace for insurance and in my opinion it is a very valid project. You can read more infos here on bitcointalk: https://bitcointalksearch.org/topic/ann-ixt-insurex-blockchain-secured-marketplace-for-insurance-1963974
I would suggest to hold your insurance money. it's always nice to have a secured feeling that no matter what happens, you're covered. in crypto, money will be growing quite well but There is no assurance in crypto currency
Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
Your money, your risk. Placing your money in an insurance plan is good since you'll never know what may happen to you and it's always nice to have a secured feeling that no matter what happens, you're covered. Of course in crypto, money will be growing quite well but you don't have any assurance for how long. I suggest you keep your money in your insurance and start investing in crypto separately
It think it should be both. If you will take off your investment from insurance and put it on the crypto currency make sure when you earn enough profit on the crypto put back your investment in Insurance. Insurance is a pre need what if you loose all your money in crypto its better to be secure than to be sorry.
You should have just created another load of money for the bitcoin investment. No need to pull out your insurance as that could still help someday.
Bitcoin is just here waiting for you and it will stay for a long time due to more halving that will happen. It will take years and maybe we are dead already before miners could deplete it.
Bitcoin is just here waiting for you and it will stay for a long time due to more halving that will happen. It will take years and maybe we are dead already before miners could deplete it.
Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
No dont pull your insurance you must have other thing to invest dont pull you insurance just to invest it in bitcoin i am not telling that it is not good to exchange it but for me it is not good it is too risky doing that way are not good decisions even if you trade it or exchange it for investment are not a good idea. Make your own profit to invest but not your insurance. 
Who have seen the future after ten years with an insurance company which is having all those tiny terms and conditions written with smallest font size and you won't able to read it after ten years from now. That would be shitty to keep it in the insurance box and they just turn the conditions when it comes to availing the same. Better pull it out now as the time us right to invest your money into bitcoin and other altcoins. If you see future of bitcoin ten year from now then it's just blooming and you are already millionair believe me. I'm not talking in the air but that's the fact and facts never change. Look at the bitcoin currently it's been very successful since the start of it and growing over and over again. Don't regret after ten years just enjoy the investment at this point.
You are absolutely right. I can hardly see any benefit of investing any money in the insurance. One can hardly get any significant profit by investing in insurance. On the other hand, Crypto currency investment is a guarantee for a bright future with a lot of profit and money. You can get a huge profit from it. Without proper knowledge of crypto trade Don't join in trade.if you have no idea or proper skill about crypto trade then its not for you. Crypto can give you 3x or more withing few times but it has huge risk also.You can lost all of your investment also.so if you think, you are in good trade then welcome in trading.If you think you are not,then go for insurance.Insurance will be safe investment.
I will prefer crypto currency investment over insurance because we can gain more interest on crypto investment then insurance. Crypto investments are good for anyone if he has good knowledge of these digital currencies and their uses. If you have no knowledge about crypto currencies then I will suggest you to get in touch with them from online tutorials and discussions.
i couldn't understand how will you buy cryptocurrency with your insurance?
Insurance becomes vital choice for those us who live in modern times. Because with insurance, our condition in the future is more secure. Whereas in crypto, everything can happen without predictable before, especially if intend to transfer insurance funds into bitcoin. Use other money than insurance. Investing little by little as you are saving to bank. I believe it's more effective and safe.
I'll be considering your opinion. I am somehow thinking of that too. Cryptocurrency can give you high profit but is volatile and risky where as insurance is more secure but only very low yield.
it's really a question of whether you want to play it safe or not. Insurance is the safe way, but crypto investing offers a higher return as well as a higher chance that you'll default
both are beneficial and it is upto you and what you prefer to do. i think the investment in crypto is better for me because right now i am just 20 and i have take risk to build my future. there are some altcoin there which have enough potential that they will make you millionare if you invest a good amount in it and hold for a long.
Well, do you have wife/sons depending on you? Because in this case, risking your insurance would put everyone on risk
I would advise you not to do that. Or at least now with your all savings. There are many people who lost their money thinking that way, that BTC will in the end always rise. Anything might happen and the price of Bitcoin might go south. So if you want to invest in cryptocurrencies consider all risks that these investments involve. Perhaps you find out that it will be better to invest only a portion of your savings. I know that money in a bank account which you will not touch are kinda useless, but at least they are there.
That's true. If you are already secure with your insurance for your future, I think it is not advisable anymore to withdraw those and invest in Bitcoin. Insurance is the security of your future, don't touch it.
If you want to invest in bitcoin and you can produce money from other sources I think that is much better. Consider your Bitcoin investment as an extra insurance, if it fails, fine, and if Bitcoin succeed, then that's better for your future.
It is best not to pull out your insurance. Somehow it will gives a secure return of profit in the long run. Why not invest also in cryptocurrencies without pulling your money in insurance? Actually investing in cryptocurrencies will gives you a profit but before doing that investing. Take a research on what coins you will put your money because it involves a risks. As what others say's don't put your eggs in one basket and invest only on what you can afford.
I would advise you not to do that. Or at least now with your all savings. There are many people who lost their money thinking that way, that BTC will in the end always rise. Anything might happen and the price of Bitcoin might go south. So if you want to invest in cryptocurrencies consider all risks that these investments involve. Perhaps you find out that it will be better to invest only a portion of your savings. I know that money in a bank account which you will not touch are kinda useless, but at least they are there.
Insurance becomes vital choice for those us who live in modern times. Because with insurance, our condition in the future is more secure. Whereas in crypto, everything can happen without predictable before, especially if intend to transfer insurance funds into bitcoin. Use other money than insurance. Investing little by little as you are saving to bank. I believe it's more effective and safe.
I'll be considering your opinion. I am somehow thinking of that too. Cryptocurrency can give you high profit but is volatile and risky where as insurance is more secure but only very low yield. Jump to: