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.
Do not invest all the money in the crypto currency. This is a very risky market. Especially, if you want to invest for a long time more than 10 years. Nobody will tell you about the future of the crypto currency in 10 years. 
Topic: Insurance or cryptocurrency investment? - page 8. (Read 2965 times)
At the end of the day, it's your final decision whether you pull out your money or not so choose wisely. But if I were you, I'll just hold my money on that insurance plan because that's basically important. At least you don't need to worry about the expenses if ever you are caugght in an accident or whatsoever (knock on the wood) because you already have a financial support.
I'll tell you frankly that there's no guarantee that you will be able to make profit if you invest your money in crypto due to its volatility. So much better to play safe, do not risk your money from your insurance. But if you really want to invest in crypto then just use your extra money, just remember that do not give it all but only give what you can afford to loose.
Anyway, if you are interested to have an insurance service and engage with blockchain technology at the same time then check this link: https://insurepal.io/
I'll tell you frankly that there's no guarantee that you will be able to make profit if you invest your money in crypto due to its volatility. So much better to play safe, do not risk your money from your insurance. But if you really want to invest in crypto then just use your extra money, just remember that do not give it all but only give what you can afford to loose.
Anyway, if you are interested to have an insurance service and engage with blockchain technology at the same time then check this link: https://insurepal.io/
insurance is just a passive accumulation, with the help of money you can significantly increase your capital, but you can lose
when you already have trading skills so you can know a good time to buy and a good time to sell, of course I prefer and comfortable trading cryptocurrency than the very horrible insurance.
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.
of course I prefer cryptocurrency than insurance but I've seen there is an insurance project that tries to implement insurance with cryptocurrency, if not mistaken the name of the project is fidentiaX. but until now I prefer cryptocurrency.
I do not really understand insurance but I consider bitcoin investment better than insurance and more promising .. insurance must pay regularly or regularly have to pay it every month and if investing in bitcoin only need bitcoin price down and then buy it when the price is cheap. and just wait 5 or 10 years I think it will be very profitable, and besides investing in bitcoin is our own freedom of arranging and the difference with the insurance has been arranged with others or already exist who manage and form the company ..
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 its alright if you put your money in cryptocurrencies just know first about cryptocurrencies investment so you the strategy to handle your money in crypto. All people know that risky to invest in crypto because it's volatility but still they invest because the profit they get. 
both are required. Bitcoin is too much risky. so you should have financial security also.
That's right. It's wrong for an investor to put all their seeds in one basket. It's wrong not to have multiple streams of income. Like you, I do have some financial security investments in place. I'm also exploring other ways to invest. While I'm at it, I still invest and trade Cryptocurrencies. But for insurance, not so much.
Perfect idea. And if you mortgage your house now, at historic low rates, you will be able to pay off the loan in short order. Then you will have the Bitcoin you purchased debt free
Why not have both, crypto backed by insurance? This company is creating this opportunity, what do you think? https://bitcointalksearch.org/topic/ann-meet-the-people-making-crypto-mainstream-3085831
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.
Cryptocurrency actually has that kind of capability to be somewhat an insurance; however, the main and glaring difference is that, for insurance, you get to have a contingent fund, while on the other hand, cryptocurrency can be stored and be used similar to how an insurance fund works, but since the market is volatile, its values may not be as standard like an insurance have. Also, insurance funds are safer and governed by law for the protection of those who avail of it. So, if I may suggest, I would got for both, don't pull out your insurance solely to be invested on cryptocurrency, because at the end of the day, it's not as safe and reliable.
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 you are thinking in the right direction, you keep your money in the insurance and the money you will receive after 10 years if there is a greater value. For those 10 years if you have succeeded in investing in cryptos you will probably own a lot more money. Although investment has a risk rate, it is still acceptable 
Why old topic being bumped yet is almost 8 months on where the last reply had been posted.?
Going back on topic, i dont know why pulling out insurance money just to put up on crypto investments, if you can embrace the risk in crypto then proceed but if not and you arent sure better stay those funds insurance.
Going back on topic, i dont know why pulling out insurance money just to put up on crypto investments, if you can embrace the risk in crypto then proceed but if not and you arent sure better stay those funds insurance.
Oh, Oh, are you serious?! You can't trade for the money you need. Everything could collapse at any moment. There may be objective reasons - such as a government ban. You can stay with nothing.
This indeed one of the reasons but this kind of thing on happening would really be on slim chances.
Oh, Oh, are you serious?! You can't trade for the money you need. Everything could collapse at any moment. There may be objective reasons - such as a government ban. You can stay with nothing.
If you can triple your amount of money with your insurance, it's a very good investment. At least, it has the advantage to be more secure. Bitcoin and other coins can bring you more but you can also lose a lot. The most important is to keep in mind this and not be too greedy. Maybe you can split your insvestment in two and keep one part in crypto and the other part in your insurance.
I think the best solution is you have to invest all money in crypto currency, cz in this moment crypto can make you rich, you can earn double profit from it.
Both are different kind of investment,and even we can't call insurance as an investment it is just the security of our money so the return from insurance are very less on the other side the crypto currency investment are highly risky but it can give us high returns so you need to decide what you want.I will say go with cryoto currency investment.
there is actually no insurance when you invest in the world of cryptocurrency such as bitcoin, bitcoin for investment has a very high risk but from a very high risk you can get a lot of profits.
I think that it would be better if you would be having both insurance and crytocurrency investment. It is important to never put all eggs in one basket, so if anything happens in the future you would still have either insurance or cryptocurrency investment.
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