Definitely possible with certain derivatives and trading techniques.
In fact, hedging is absolutely nothing new in terms of the financial world and can be applied to forex as it would to bitcoin. Obviously, you would need to find the right platform to do it in order to hedge your bets, for example, taking out put options for bitcoin while holding your BTC.
It will come at a cost though, whether through spreads, fees, interest, whatever. If you are seeking stability solely in the form of USD, then you might as well just hold USD instead to save yourself some trouble. However, long term bitcoin holders will see bitcoin as a stable store of value, instead of measuring it against USD all the time, which could make things appear more volatile than they really are in the long run.
Topic: Insuring the crypto assets. Is it possible? - page 2. (Read 943 times)
We can't insure the crypto currencies ased on the fiat value,we may insure the exchange's wallet and if that hacked we may get the same amount of crypto which we had before the hack so we don't have any security interms of value based.Since it is a currency the value will be changing based on the market no insuarnce will be available in the future also.
maybe it is more logical for insurance to be carried out by an exchanger, where consumers will feel more comfortable, because there have been cases of burglary on one of the exchanges, which has a negative impact on that exchangeWell, how much you lost on the "Bitcoin's Black Friday"?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
In my opinion if you had invested as much as you can afford to lose, everything would be different now. The reason you lost money is yourself and you should take this into consideration in the future. I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
I have never heard about money insurance in cryptocurrency. I just recently saw a new ICO and they wrote that the ETH trade would be from higher price (i don't remember name of ICO). But most likely, the buyer will be needed from the up price.
Are you talking about some kind of mutual fund? Or anything related to someone investing in your behalf? Then I am afraid to tell you that these are just scams waiting to happen. There is no such thing as a legit service like that and the ones who are offering right now are more than likely a scam waiting to happen. You should know that the only way you can invest in cryptocurrency right now is either directly buying its ICO or trading in a crypto exchange because other than that is just a fraud from a criminal.
Well, how much you lost on the "Bitcoin's Black Friday"?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
Insurance of money invested in cryptocurrency...Not heard, probably you'll have to pay the same amount of insurance company how much to invest in bitcoin for the possibility of such insurance and it is not the fact that you will find such a crank.
The risk in crypto is too great and just no one will take such risks to compensate you for the damage received during the next price reduction.
Assets can only be insured through private brokers. This is a particularly risky investmentfor insurance brokers due to the hacks of wallets etc... maybe security tokens will have more of a future in this field!
wow, cool!
any real working examples?
Assets can only be insured through private brokers. This is a particularly risky investmentfor insurance brokers due to the hacks of wallets etc... maybe security tokens will have more of a future in this field!
to ensure your funds is quite possible I think. But the essential part here is not to mix up the notions and make sure you understand how the system of insurance works.
We can't insure the crypto currencies ased on the fiat value,we may insure the exchange's wallet and if that hacked we may get the same amount of crypto which we had before the hack so we don't have any security interms of value based.Since it is a currency the value will be changing based on the market no insuarnce will be available in the future also.
maybe it is more logical for insurance to be carried out by an exchanger, where consumers will feel more comfortable, because there have been cases of burglary on one of the exchanges, which has a negative impact on that exchange The premiums must be really hard. The easier method is insuring crypto platforms. Such as coinbase, blockchain.com, bitmain and all those crypto related stuff could be insured instead of crypto itself. Much easier method and still insuring in crypto world.
Dunno why someone above was afraid of promoting anything as I don't think it was.
I came across the service called Cryptoins that is actually designed for providing such services and saving our holy grail Coinbase and Bittrex exchanges. Haven't heard on anything of that kind yet.
As for the companies that are into insurance they may not be not successful with the implementation of this idea as for at least another couple of years: the crypto is only starting to gain its credit amongst legislation systems of the world so it will have lotta improvements + all the process must surely be much more complicated to make assets- insurance Blockchain-based thing work.
Well, how much you lost on the "Bitcoin's Black Friday"?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
If you use blockchain it is. Blockchain is already worked on insurance right now, there are companies who are trying to insure stuff on blockchain to make it more forever there type deal and for that to happen you need the underlying contract to be agreed by both parties and exist in blockchain. Now, if you take that blockchain technology into insuring crypto you can make it happen however insuring crypto assets would require a lot more details then the regular "life" or "house" insurance type of deals because it is harder to calculate the underlying risks.I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
The premiums must be really hard. The easier method is insuring crypto platforms. Such as coinbase, blockchain.com, bitmain and all those crypto related stuff could be insured instead of crypto itself. Much easier method and still insuring in crypto world.
We can't insure the crypto currencies ased on the fiat value,we may insure the exchange's wallet and if that hacked we may get the same amount of crypto which we had before the hack so we don't have any security interms of value based.Since it is a currency the value will be changing based on the market no insuarnce will be available in the future also.
same. will stock on some coins to get lambo to get moon.
) [/quote] I never heard of any insurance schemes for crypto. The rest are government tax-based modes. Why would you even want to insure your crypto assets without knowing whom you are sending funds to? Its better to keep them secure yourself. Also for price surges you just have to deal with it. Try not to use those "hedge funds" because most are scam.
[/quote]
guess it not possible to ensure the crypto itself but some part of the funds or service one's used at least could somewhat become reality one day.
Well, how much you lost on the "Bitcoin's Black Friday"?
None. Because I dont follow these government propaganda of selling stuff at low prices on a rush of 3 days. Reasons being not privilaged to access them and also because the stuff being sold are those that they struggled to sell all the year and are mostly iScam junk.Quote
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
Talking about crypto I would say if I had cash at hand I would have bought. But could not cut anything out to stock up at the moment.Quote
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
I never heard of any insurance schemes for crypto. The rest are government tax-based modes. Why would you even want to insure your crypto assets without knowing whom you are sending funds to? Its better to keep them secure yourself. Also for price surges you just have to deal with it. Try not to use those "hedge funds" because most are scam. Well, how much you lost on the "Bitcoin's Black Friday"?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
Nah, i don't think so. Who gonna take responsibility for all money? Exchanges? Definitely not the decentralized ones like ethermium and idex. Regular like Binance? Well, maybe. But if they got hacked they just apply for a bankruptcy and tha't all, folks. I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
This topical subject sounds interesting, so I did a small google research and found that
still trying to figure that one out, probably smb will understand it better.
yeah, it looks like what i meant. are they working with binance? huge if true
Well, they are. Working with Kraken and Bittrex too. Just don't wanna leave a direct link for it to look like an ad. If interested, go check it yourself.
Thanks for sharing this service. I have never heard of it before though, will check and use it. This is a pity they don't have their own thread on the forum.
Well, how much you lost on the "Bitcoin's Black Friday"?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more?
insurance schemes, for protecting from market moves? no such thing. nobody provides that kind of insurance, especially in the crypto world. the only thing you can really do is hedge your holdings by shorting or selling. i hedge by selling futures contracts on bitmex with leverage---that way i can minimize the amount of funds deposited on exchanges.
exactly. no one will take responsibility of the market moves, so the ball's in your court. it sounds like you want to shift the responsibility onto somebody else tbh
I can relate to this but only partially. Being insured and taken care of some organization is always cool, esp if it has something to do with your money.
The BTC's Black Friday hurt my funds significantly so i'm currently looking for new ways of saving the rest. Looking forward to hearing from experts out there. The thread must be of help.
Well, how much you lost on the "Bitcoin's Black Friday"?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
Nah, i don't think so. Who gonna take responsibility for all money? Exchanges? Definitely not the decentralized ones like ethermium and idex. Regular like Binance? Well, maybe. But if they got hacked they just apply for a bankruptcy and tha't all, folks. I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
This topical subject sounds interesting, so I did a small google research and found that
still trying to figure that one out, probably smb will understand it better.
yeah, it looks like what i meant. are they working with binance? huge if true
Well, they are. Working with Kraken and Bittrex too. Just don't wanna leave a direct link for it to look like an ad. If interested, go check it yourself.
insurance to do the bitcoin hodl I think it must be difficult to use the service, because the price moves according to the market price, not because of the SCAM
but for insurance in investing in ICO, DeHedge was able to assist participants in securing their money from Scammers, namely BTC assets converted in the form of DeHedge Tokens, which are initials tokens for assets stored in the platform wallet,
maybe this scheme can be developed again, to be able to become an insurance platform for the cryptocurrency community
but for insurance in investing in ICO, DeHedge was able to assist participants in securing their money from Scammers, namely BTC assets converted in the form of DeHedge Tokens, which are initials tokens for assets stored in the platform wallet,
maybe this scheme can be developed again, to be able to become an insurance platform for the cryptocurrency community
i don't think it can be done at this time, we know that the regulation in my country doesn't exist yet, whereas to insure it, of course something must be approved by government, of course this is still difficult
i would not happen.insurance company didnt courage to cover the losses of their member although crypto market already regulated.moreover cryptocurrency price has high volatility. Jump to: