Life insurance is like you save money for hard days But trading is like a job , It is not like saving because of violity , so If you want to look at is as a job it is fine but I don't think so it is like investing!
I'd not keep all of my eggs in one basket so , I'd keep that insurance if it was me.
Topic: Insurance or cryptocurrency investment? - page 9. (Read 2980 times)
They are both good cryptocurrency is if you invest you make profit or loss but insurance is fixed amount
Insurance is fixed amount of return when you choose you can put in mind the value which you will receive at maturity but cryptocurrency investment have no maturity date you can get too much profit with no time boundary,
I think, that you can invest in some perspective ICOs. I can recomend you TraceTo. It`s a decentralized KYC network. I think what it`s perspective for some reasons. They are: needful software and good experienced developers team. It`s needful, cause companies need to verify their clients and they need to have some systems, but making them is too expensive and long, so they will use existing. I suppose, that is good chance to make good investment
I think no any insureance of these problems is available in the market some security sites and Ddos protection provides some security but it is not as insurance like to sugguest to ICOs go bust or in these types,
Triple within 10 years means 20% interest rate per year!
About what kind of insurance do you speak, as I have never heard about such huge interest rates in regards to insurances?
You are absolutely right that the inflation will reduce the value of your Fiat money and how much will depend on the country you live.
If your insurance pays you 20% per year, then this is likely also the inflation rate of your country!
Hence, investing in crypto currencies is clearly the better option.
The smartest choice is cryptocurrency (bitcoin). Because investment will be secure to you is more fast in it and you get a lot of benefits from it so no need to get stuck into insurance the safest one is bitcoin and it gives you and your family a secure future. So do it fast and earn fast. About what kind of insurance do you speak, as I have never heard about such huge interest rates in regards to insurances?
You are absolutely right that the inflation will reduce the value of your Fiat money and how much will depend on the country you live.
If your insurance pays you 20% per year, then this is likely also the inflation rate of your country!
Hence, investing in crypto currencies is clearly the better option.
I prefer investing in both, they are both investment wise, but I would invest much in crytocurrency. Actually we both need them, we should be assure in different things because we can never tell our life tomorrow when we get old that is why we need an assurance in our life so we will not die poor and won't be a burden to our family.
Investment in bitcoin or crypto currency can be some how risky for one to put in all his or her capital into because of the market volatility of bitcoin and other altcion. so, op invest what you can afford to loose, for i do believe in investment diversification in other to the risk of one loosing all the capital.
Yes, only one of my insurance I'm planning to pull out others I'll let them be for diversification. But if I would trade and reinvest the money I would pull-out you think it's worth it? However, with good caution and with fast learning skills, you can start earning yourself good stuff in no time. Crypto trading is interesting and you will surely love it if you of course know what you are doing.
Investment in bitcoin or crypto currency can be some how risky for one to put in all his or her capital into because of the market volatility of bitcoin and other altcion. so, op invest what you can afford to loose, for i do believe in investment diversification in other to the risk of one loosing all the capital.
Yes, only one of my insurance I'm planning to pull out others I'll let them be for diversification. But if I would trade and reinvest the money I would pull-out you think it's worth it? However, with good caution and with fast learning skills, you can start earning yourself good stuff in no time. Crypto trading is interesting and you will surely love it if you of course know what you are doing.
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.
You do not have to pull all out at once. What you are doing too is good and it is purely a lower risk investment. However, you can pull some of it out if possible, may be a certain percentage of it and invest it into bitcoin. It is totally worth the risk and you wouldn't want to blame yourself in the next few years why you didn't make that decision. But know that every investment comes with its own risk and so does bitcoin but at this stage, I feel the risk rates are at least dropping gradually.
Well, do you have wife/sons depending on you? Because in this case, risking your insurance would put everyone on risk
Crypto currency investment is more preferable than going for an insurance. Most of us get only 3-4% interest on insurance while you can get more on investing in bitcoins. Bitcoins have exponential growth capability so they can profit you more in the next couple of months/years ahead. You just have to use your experience and intelligence while making profits.
This is a really interesting question i would say cryptocurrency investment the reason is crypto currencies are still under development and lot of changes are yet to be made which can cause a influence on the price. As you said because of inflation your investment might go waste but a down trend in btc is really rare. Till date has whenever the price fell it always recovered meaning getting a loss in your btc investment is impossible.
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.
Should you choose to use your money to buy insurance or invest in bitcoin? How would you choose? Buying insurance is more secure but its profitability is very low. And not sure not to be cheated. The investment in bitcoin is not stable but the profit will be high. How many times will you earn! 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.
For now i choose crypto currency investment but when the time comes that i had earned enough from the crypto world i will invest as well for insurance for my life protection. It is up to you if you will pull up your investment in insurance.
. Their services very bad when I need to receive compensation, therefore, unless they obliged me buy it, I never want to buy insurance.
That would be hard really, when we look for profit we tend to risk for bitcoin. But insurance plan is a must especially if you have family that depend on that in the future. Lets not think completely about money sometimes security on long term is so much more important. But just be careful on pyramid scammed insurance plan. Goodluck
For ten years it is hard to say but if I were you I will pick insurance, because the crypto currencies things are very unsure, and insurance is a very important things because we can't predict what will happen in our life and if we think for a very long term it is safer to just invest in insurance, because crypto currencies value is very fluctuative
The insurance is important stuff as long as you have invested it into a legit firm and big entity. If that's the case then your money is safe and off course everything that you have insured will be safe as well. Having insurance is one thing in the investment, now a days it might be a need for someone and it could be back up source to save the money and expect a growth for it. This is completely personal whether to keep the insurance in first place or not. You should keep the insurance really and put the money which you don't want immediately in your life. May be a part of your salary if you work would be great one to put into bitcoin rather than your insurance.
You are right people prefer insurance more than crypto currency investments because they think that insurance can save them from crisis. But that’s not the case insurance give you less interest while investments in cryptos are surely going to benefit you in future.Others were not aware yet on crypto investment, some still thinks of it that it's a scam and others finds unbelievable some ceypto investment offers thats why they prefer insurance instead.
The insurance is important stuff as long as you have invested it into a legit firm and big entity. If that's the case then your money is safe and off course everything that you have insured will be safe as well. Having insurance is one thing in the investment, now a days it might be a need for someone and it could be back up source to save the money and expect a growth for it. This is completely personal whether to keep the insurance in first place or not. You should keep the insurance really and put the money which you don't want immediately in your life. May be a part of your salary if you work would be great one to put into bitcoin rather than your insurance.
You are right people prefer insurance more than crypto currency investments because they think that insurance can save them from crisis. But that’s not the case insurance give you less interest while investments in cryptos are surely going to benefit you in future.
Both of those things in my opinion is a very good activity. insurance is a form of investment is pretty good because the insurance itself has a good level of security is good enough but there are few shortcomings that are not owned as well as our investment in bitcoin in the disbursement of funds we keep in insurance that we usually will face a little trouble. usually the difficulty gained is the inaccuracy between the files we have with our data that is owned by the insurance. unlike the case with our invested dibitcoin. Bitcoin is very convenient for us in making the disbursement of funds that we invest dibitcoin. but it can not be denied that investing in kriptopun will have a little flaw that crypto owned is a virtual currency with the system internat as the ingredients of this thing that makes the hackers can steal the data we have in our account. so if viewed in terms of security, of course, more insurance has a more accurate level of security when compared with crypto investment. so the conclusion in my opinion is each of these two types of activities will surely have advantages also have shortcomings.
sometimes if we make investments in insurance, the money we invest if we want to disburse take quite a long time even can be complicated to withdraw the money we invested in a long time the money we invest has a much higher nominal than before. it certainly does not make it easy for the members of the insurance itself. but if we invest in bitcoin currencies of course the disbursement of funds is much easier, although investing in bitcoin has a huge risk, but investing in bitcoin is more promising than investment in insurance.
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