Topic: Insurance or cryptocurrency investment? - page 2. (Read 2934 times)
As experienced traders say: you need to risk only what you are not afraid to lose! Many people have gone bankrupt, and no one is to blame but themselves. I think you can try to make money on the bounty . No risk, just gain experience.
For me I don't need to choose since I can do both. Yes insurances is very important to us since it insures our family's life and health and at the same time you will earn profit from it. Cryptocurrency is another form of investment which can be also a source for other income. As long as you have enough capital to start with then try both investment. For example : use day trading but but need a good idea and good expirience to make profit. If you scared to invest today try to another day to ensure your money .
If you dare to take risks then invest in electronic money, because here you can free business and can earn huge profits.
Here in my country, insurance companies are a scam. After a few years, they go bankrupt and investors are being left with nothing. Unike crypto, no one will take it away from you and its ROI is much better and faster than insurance.
To me, insurance is also a form of self-protection in the unfortunate cases of life difficulties. If possible split your savings into life insurance and investment cryptocurrency, I think that this 2 will support each other very well.
When making investment decision in crypto, just invest what you can afford to lose because you don't have any say on how the market will go
As you have written, the money you get after 10 years may worth even less, than now. With Bitcoin, you can earn much more IMO.
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.
I prefer cryptocurrency investment because bitcoins is always growing depending on the situation in the market and that is the reason why traders like the volatile market.
Not a big fan of these "insurance included" investments. The returns are just very poor, even below inflation rate sometimes.
Here in my country, insurance companies are a scam. After a few years, they go bankrupt and investors are being left with nothing. Unike crypto, no one will take it away from you and its ROI is much better and faster than insurance.
I can see that it is still depends on how much capital you can invest, if you can invest with a huge amount it is better to invest to insurance because it is not about the money but also you can benefit to it in the future unlike when you invest to cryptocurrency how much assurance that the investment you put in crypto will gain when you needed it.
insurance invesment in my opinion only have health guarantee benefit.but for invesment return it only give us small profit.maximum it can give us 15 % yearly.but in cryptocurrency we can get more of that.we can gain more hundreds percent.and some of this profit can used to pay our healt insurance.
For long term investment i will chooce Bitcoin because the price possible to going up to $1 million in the long run. With high fluctuacion of Bitcoin price, will be possible to get 10 times return just less than 1 year.
When you put money into insurance it will only pay you when you see accident and interest is very little. But when you invest in Bitcoin, you will earn a lot of profits and can also get at the moment when you need it .
Yes that is very right and to me i am also interested in crypto currencies trading. to me i think that if a person want to earn money in short time then he has the best option to do crypto trading, because crypto trading always give us a very good opportunity to make a good amount of money in a short time. i think some people have already made a good profit from bitcoin trading and investment.
For me I don't need to choose since I can do both. Yes insurances is very important to us since it insures our family's life and health and at the same time you will earn profit from it. Cryptocurrency is another form of investment which can be also a source for other income. As long as you have enough capital to start with then try both investment.
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,you can divide it if you want so the half of your money from insurance will grow while you the of it is on the insurance so anytime you can get in in case of emergency. Nothing is wrong to your decision as long you know how to manage it well. 
Insurance is a must for everyone, because we don't know what happens next. With cryptocurrency it is impossible to make use of it on emergency. To meet this, it is a must to have some real life investment to meet the emergency needs. Cryptocurrency investment gets a bigger earning, but it hasn't gained the attention of all people for direct usage similar to fiat.
If I were you, I will invest on both. We all know that we earn from investing in a cryptocurrency. It's once of the best investment of all time. How ever, it cannot give us an assurance of earning when something bad happened to us, therefore, it is good to invest in an insurance. From the word itself, you'll get the assurance that when emergency comes, you know where to get money and such.
I agreed with what you said because the two mentioned investment are good and important as well. However, I will advice to split and invest in cryptocurrency when the time is right which I believe it now cause we may not experience another dip like the latest dip which happened in crypto currency market.
Yeah most low-risk assets will pay out slightly lower than the inflation rate, but they're guaranteed. The only way one can actually beat inflation is to take risks.
But like has been said, the risks can't be just blindly taken with huge amount of capital. Keep most of it (like 90% or so) in low risk, like GIC's, fixed terms, bonds, etc. and then put the rest in high risk that has great potential. Then if you lose it, you won't break yourself. But the gains have great potential for returns that could even beat out the rest of your portfolio.
But like has been said, the risks can't be just blindly taken with huge amount of capital. Keep most of it (like 90% or so) in low risk, like GIC's, fixed terms, bonds, etc. and then put the rest in high risk that has great potential. Then if you lose it, you won't break yourself. But the gains have great potential for returns that could even beat out the rest of your portfolio.
When you put money into insurance it will only pay you when you see accident and interest is very little. But when you invest in Bitcoin, you will earn a lot of profits and can also get at the moment when you need it .
The advantage of the insurance investment, that the risk may be smaller. But that is it. I am with you, go for the Bitcoin investment instead. 
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.
I think crypto means you can go for crypto. No other investment is worthy than bitcoins. Is a good idea,but u can maintain part as insurance and part as crypto.
Jump to: