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Topic: Insurance or cryptocurrency investment? - page 4. (Read 2980 times)

jr. member
Activity: 252
Merit: 8
let your insurance as it is and put in another money for cryptos..just think of your insurance as your retirement fund.
We dont know what's gonna happen so it's much better to always have another options.If crypto would crash atleast you still have your insurance but if cryptos goes the other way around then we won't care too much about our insurance anymore.
full member
Activity: 378
Merit: 100
I believe that now a days crypto investment is more than every thing and those people who love this they are successful and i think we can become more wealthy if we connected with this currency.
newbie
Activity: 110
Merit: 0
If I am going to choose a crpto investment despite a bit of a risk but a very promising income, what else will you invest in a period of up to 10 years then you will get many benefits when taking crpto investment, many people are interested in investing because they know klo crpto very profitable
newbie
Activity: 159
Merit: 0
That depends on you and how certain you are. Or as it was aforementioned do a grounded research, learn and analyze the risks involved if it happens that you have a FUD.
full member
Activity: 490
Merit: 100
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. 
Investing in bitcoin is more profitable rather than in insurance so your plan would result good.Only choose ICO that is worth investing for..Thinking that your money will not profit in ten years is so wrong.. Keep your mind always positive in dealing with bitcoin..ICO investment would give you a huge return rather than insurance.. remember where bitcoin 7 years before.

However, you must not also forget about the risks that are connected with the cryptocurrencies. Weigh all pros and cons, and only after it, make your final choice.
newbie
Activity: 196
Merit: 0
Just my opinion, don't invest 100% to crypto, rather invest only what you can afford to lose, but if you're knowledgeable about crypto and thinks BTCitcoin will reach 50,000$ then invest all.
legendary
Activity: 1428
Merit: 1000
We have no security in investing in cryptocurrency and it is very risky. You don't know after 10 years if it still existing. When you die you cannot leave it to your loved ones. Unlike investing in Insurance when you die, you can leave it to your beneficiary.
Well both these options are good and can give you some good money but you have to evaluate a best and more profitable option and that is the crypto currency.

Investing in insurance company or in some bonds issued by a company may have default risk which is not good and you might face problems in the end. On the other hand if you invest in crypto, all you have to deal with will be the price fall which does not last longer and the market recovers.
Investing in private companies are always risk they attract investors by showing more profit but if you invest in governament campaigns or life insurance it will not give you more profit but your money will be safe. Crypto investment is also very risky we can't predict this market. you have to ready to accept both good and bad news at any time then only you can make money in a crypto investment. If you get panic you will lose your money.
legendary
Activity: 1204
Merit: 1028
We have no security in investing in cryptocurrency and it is very risky. You don't know after 10 years if it still existing. When you die you cannot leave it to your loved ones. Unlike investing in Insurance when you die, you can leave it to your beneficiary.
Well both these options are good and can give you some good money but you have to evaluate a best and more profitable option and that is the crypto currency.

Investing in insurance company or in some bonds issued by a company may have default risk which is not good and you might face problems in the end. On the other hand if you invest in crypto, all you have to deal with will be the price fall which does not last longer and the market recovers.
full member
Activity: 490
Merit: 100
It is very risky for insurance company because cryptocurrencies are easily stolen by hackers and also users can do fraud just to claim the insurance.
Yeah is each and every investment risk will be surely there but you will have to learn dealing with it, now a day bitcoin is the best choice to buy than making insurance and it has low profit and you will have to submit the deposited right on time otherwise you won’t be the member any more but in bitcoin you will only once have to buy then patiently hold it.
full member
Activity: 392
Merit: 100
platform for everyday business
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. 

Insurance is also a good investment,and maybe its will secure also your future and the future of your family,but if you look up the situation now in different country,insurance investment is still collapse and the insured person when the time they claimed  there benefits,no one could enjoy it,when times they want to used,just like happen in cap insurance plan in my country,no one could claim there insurance,thats why its better to invest it in digital currency investment,because even there is risk,but we can guaranty  that at least we secure our future and we know there is a big chances that we achieve those our dreams.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
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 it is a very good idea to pull your money out from an insurance. Like you said earlier that you are only doing this for diversification and that you have other insurance as well,  then you have no problem.
Cryptocurrencies investment, will under no circumstances, bring you loss after a period of ten years. You might even be able to triple you money.
This is because more people are accepting bitcoin on a daily basis and consider the number of those that would have accepted bitcoin in ten years. This will greatly affect the price and such bitcoin will be very expensive and you will definitely make profits.
newbie
Activity: 158
Merit: 0
I think your decision to pull out your money from an insurance is not a good idea at all. You have to think twice and decide carefully since there is no assurance that your cryptocurrency investment will double your invested money in the long run. Cryptocurrency investment can be profitable but consider the risky part. Just invest what you can afford to lose.
member
Activity: 226
Merit: 10
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 know that investing into crypto could be profitable, but i don't really think that pulling all your insurance and invest it into cryptocurrency is a good idea, we all know how risky is cryptocurrency and it's really hard to trust a huge amount of money to invest on it. If you really want to invest in crypto, just invest an amount that you can afford to lose, because there are no guarantee that all your money will return with a profit, and to avoid of losing to much money and repent later.

I agree. Invest in crypto the amount of money one can afford to lose. Although profitable, this market is very uncertain. One may gain or lose along the way. Hence, to save one from such unintended loss, it is so much important to decide and think out one's move well especially when it deals with crypto.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Investment in kriptocurrancy currencies can be some risky way for a person to put all his capital into because of the volatility of other Bitcoin and Altcion markets. Without proper knowledge of the kriptocurrancy trade. Do not join the trade. If you do not have the right idea or skill about trading kriptocurrancy then it is not for you. Cryptocurrancy can give you 4x or more by several times but it has a big risk too. You can lose all your investments as well.
In my point of view both are the two relevant ways through which a person can get benefits. Insurance is a ready piece while crypto investment is a responsibility of your own. In insurance you will get the targeted profit while in crypto investment you may face with uncertain profits and it also needs your knowledge. However a person with enough knowledge if survives in market for log term will result in huge profit.
You said it right mate, insurance is already an old fashioned way of investing your money for your future they have some offer that will really attract investors to sign in and participate for their business, while inside crypto risk still at large, a big responsibility for the investors itself without any affiliation with someone who will drive your investment, I like both venue if I have a chance to and money to enroll myself with some good insurance from my place, I'll be glad to get one for me and for my family, will wait till my investment from crypto to grow then start planning for much better future.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Investment in kriptocurrancy currencies can be some risky way for a person to put all his capital into because of the volatility of other Bitcoin and Altcion markets. Without proper knowledge of the kriptocurrancy trade. Do not join the trade. If you do not have the right idea or skill about trading kriptocurrancy then it is not for you. Cryptocurrancy can give you 4x or more by several times but it has a big risk too. You can lose all your investments as well.
In my point of view both are the two relevant ways through which a person can get benefits. Insurance is a ready piece while crypto investment is a responsibility of your own. In insurance you will get the targeted profit while in crypto investment you may face with uncertain profits and it also needs your knowledge. However a person with enough knowledge if survives in market for log term will result in huge profit.
full member
Activity: 264
Merit: 100
TV TWO - Connect your TV to ETH Blockchain
It is very risky for insurance company because cryptocurrencies are easily stolen by hackers and also users can do fraud just to claim the insurance.
newbie
Activity: 140
Merit: 0
Insurance or buying cryptocurrency is our investment, but the investment in insurance is stable because it includes health care or physical insurance. Investing in cryptocurrenes will help. We have a better chance of receiving a higher return on investment
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Investing in cryptocurrency  investment is a very great idea however, if you have more knowledge about trade and what to buy to make a good profit you are at the upper edge of success. To me crypto invest is better compare to what insurance will bring in return after many years. Nevertheless, between a year to two years you can gain more than what insurance will give you in ten years.
I think you better invest on both because insurance is not about making money, its about protecting what you have work for during your living days. Yes, investing in cryprtocurrency can be more profitable, but what is the sense of your profit if your family don’t receive any of that. Insurance is for your protection and your family.
member
Activity: 294
Merit: 11
Investing in cryptocurrency  investment is a very great idea however, if you have more knowledge about trade and what to buy to make a good profit you are at the upper edge of success. To me crypto invest is better compare to what insurance will bring in return after many years. Nevertheless, between a year to two years you can gain more than what insurance will give you in ten years.
hero member
Activity: 1554
Merit: 880
Notify wallet transaction @txnNotifierBot
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 know that investing into crypto could be profitable, but i don't really think that pulling all your insurance and invest it into cryptocurrency is a good idea, we all know how risky is cryptocurrency and it's really hard to trust a huge amount of money to invest on it. If you really want to invest in crypto, just invest an amount that you can afford to lose, because there are no guarantee that all your money will return with a profit, and to avoid of losing to much money and repent later.
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