Shall I hold or invest with %12.5 premium per year ?

[kyrios_]

12.5%is pretty high, what currency is this in? Check the health of the currency such as inflation rate and general health of the economy. Usually with high interest rate, there will be high inflation rate. Banks increase interest rates to reduce money supply, i.e incentivise people to stop spending, cushioning the inflation.

[Eric Mu]

Living in China, 12.5 % doesn't sound that high. The P2P lending service that I have been using for 3 + years pays 13.92% (with defaulted loans deducted ). I have been thinking a lot about setting up a fund allowing ppl from overseas to invest in Chinese P2P by using BTC as payment rail.

[allthingsluxury]

It is always good to spread out your risk, only you can decide if you want to make this move or not.

[Kprawn]

This is the thing about Bitcoin... You never know what will happen. Since OP decided to hold, the price of Bitcoin dropped a estimated $50 to $60 ... I

figure he has some doubt if it was a good decision or not. The other side of the coin is, it might just go to double it's value and he would not have had

a single regret that he hodl'ed. Nobody can give sound financial advice with a volatile and high risk commodity like Bitcoin. The risk can pay off or you

could lose a lot of money... nobody knows.  

[partysaurus]

it might be risky having any investment in fiat money right now , seems like its a crash incoming , but we will not know for sure before it hits , but alot of things point at it , and if that happends the thread starter would go out party like its 1999 when he see hes fiat money become worth less and less and hes btc gain value

[Pab]

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

I can tell you i dont trust  banks,what  country you are from what is your currency
I can tell  you last year btc was best performing currency  to dollar

[romero121]

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

I can tell you i dont trust  banks,what  country you are from what is your currency
I can tell  you last year btc was best performing currency  to dollar

Blankly you can't say banks won't. He's very sure about the interest.
Sure he can go for the investment, but in the future he can't be able
to buy the bitcoin with the regular interest got from his investment.

[lrdeoliveira]

12.5% is a lot interesting, but wait, 12.5% net return considering taxes? If yes, i would go on this

[bitlancr]

12.5%is pretty high, what currency is this in? Check the health of the currency such as inflation rate and general health of the economy. Usually with high interest rate, there will be high inflation rate. Banks increase interest rates to reduce money supply, i.e incentivise people to stop spending, cushioning the inflation.

I think it is much wiser to preserve and save. Do you know why, because I think the fact later will be worth much more. So it would be a shame if you are going to invest, because that you can lose money with it and you do not want.

[Cs87kxy]

12.5% is a lot interesting, but wait, 12.5% net return considering taxes? If yes, i would go on this

me the same what are this financial product?
stock option? national bonds? private company stocks/bonds?
Maybe a link ?!? I am really interested in this type of "exotic" investments....

[MaxTax]

I think it is sensible to start saving. And will only save spend nothing.
That is smarter and you also earn money because you lose nothing at all.

[Laosai]

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

12.5% is really fishy... That's not a normal rate at all. Especially considering economic situation.

You're sure of yourself? Not fraudulent placements? Litle sentences explaining they're not responsible for anything and won't repay you if it goes bad?

[Laosai]

12.5% is a lot interesting, but wait, 12.5% net return considering taxes? If yes, i would go on this

No not considering taxes. Taxes are always complicated depending on your personnal situation, the year, last legislation etc...

Interest rates are always before taxes, it'll depend on how you manage the benefits

[erikalui]

I get an interest rate of 7.5% only which is the max offered by any bank (whether ICICI or HDFC). If the bank has some of their own promotional investments, the rate is max 10% while another investment opportunity that offered 15% was not a guaranteed one. If your bank offers you such a good rate and an asssured one, it's worth.

[Laosai]

I get an interest rate of 7.5% only which is the max offered by any bank (whether ICICI or HDFC). If the bank has some of their own promotional investments, the rate is max 10% while another investment opportunity that offered 15% was not a guaranteed one. If your bank offers you such a good rate and an asssured one, it's worth.

Yeah there are also online banks that make lots of promotion!

But the problem with those banks is that they're not exactly legitimate... They don't really belong to a country and even if they just steal your money, you couldn't do anything :/

I'd say it's not really secure to invest in such banks most of the time! You never know, and here you have no guarantee !

[btcbug]

Personally I would not sell the Bitcoin. 12.5% is nice, but I'd try very hard to find the money by some other means rather than sell your BTC.

Also you're saying maybe 1 - 2 years to repurchase all your BTC? At 12.5% per year that means it would take 8 years to see your full return on investment, so it appears your plan would be to repurchase most of your BTC with new money from your salary anyways, correct? Why not just hold the BTC and put your paycheques towards your other idea? Or wait a year, save your money and then invest it at 12.5%?

Bitcoin could move up very quickly and make 12.5% look like nothing. It's very possible that if you sell your BTC now you may never have the chance to buy them all back because the price will make that goal completely out of reach. Perhaps you're talking small quantities and you make high wages, i don't know, but be careful or you'll be kicking yourself hard later!

[Supercrypt]

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

12.5% is really fishy... That's not a normal rate at all. Especially considering economic situation.

You're sure of yourself? Not fraudulent placements? Litle sentences explaining they're not responsible for anything and won't repay you if it goes bad?

Yeah, 12.5 is a high rate. Banks usually offer upto 10% or even less. The highest amount is offered to senior citizens and it was about 9.5%. I have only received such a high interest rate for investing in recurring deposits but it was taxed.

[Laosai]

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

12.5% is really fishy... That's not a normal rate at all. Especially considering economic situation.

You're sure of yourself? Not fraudulent placements? Litle sentences explaining they're not responsible for anything and won't repay you if it goes bad?

Yeah, 12.5 is a high rate. Banks usually offer upto 10% or even less. The highest amount is offered to senior citizens and it was about 9.5%. I have only received such a high interest rate for investing in recurring deposits but it was taxed.

Somebody hidden taxes explain the apparent high rates yes xD

But just be sure to invest in a reliable bank (well even if no bank is truly reliable).
And in a reliable domain... Don't go invest in CDO and subprimes like shits... Otherwise you won't see your money again.

[plost24]

holding your bitcoin is more safer than investing them and you will have no acces to them in one yeam for %12.5 so hold them and make more

[Betwrong]

holding your bitcoin is more safer than investing them and you will have no acces to them in one yeam for %12.5 so hold them and make more

I absolutely agree with this. Not only you will have no access to your coins during the next year after investing but you might never see them again in the end. So you better hold your coins and the price of them, I hope, will raise more than %12.5 in one year.