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Author Topic: Insurance or cryptocurrency investment?  (Read 2908 times)
slackcryptoz
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July 31, 2018, 02:26:03 PM
 #241

Insurance and cryptocurrency investment both were a must in one's life. With cryptocurrency related investment it is impossible to meet emergency requirements as we haven't got access similar to fiat. With fiat based insurance investment it is possible to meet necessities as it is accessible throughout.
CGPA
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July 31, 2018, 03:14:13 PM
 #242

If you plan to invest a long term investment in your capital, then I think insurance is a good choice for you. Yes, it is true that you can get a lot of benefit in a short time by investing in cryptocurrency. But there are a lot of risks to losing your capital here.
laracastvue
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July 31, 2018, 04:18:17 PM
 #243

If you plan to invest a long term investment in your capital, then I think insurance is a good choice for you. Yes, it is true that you can get a lot of benefit in a short time by investing in cryptocurrency. But there are a lot of risks to losing your capital here.

I prefer cryptocurrency investments because you can trade in the market in order to multiply your coins daily depending on how long you stay looking at the prices.
snewkadel
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July 31, 2018, 04:22:12 PM
 #244

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 was thinking of doing the same.Now insurance costs nothing, look at the inflation they eat up all the money.If everything is as it is now in old age, we will ask for alms.Therefore, you can wisely approach this, divide the Bank 80% HODL 20% trade, so I'm sure that in 10 years we will rest on the yacht !)
LianaSie
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August 01, 2018, 06:53:28 PM
 #245

10 year is a long time, for an investment where the returns are so small, as most of these insurance investments. Not recommended.

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August 02, 2018, 09:17:47 AM
 #246

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. 
If you’re smart enough, then investment in crypto is your best bet. Lol, dude like seriously you will have to wait ten years for your money to triple, jeez that’s a very long time to wait, makes no sense to me. But if you’re investing in crypto you can make profit at anytime and you can even make more than what you will make in that ten years with insurance within few months if you invest crypto and play your smartly.
Airbuxf
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August 02, 2018, 09:34:54 AM
 #247

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. 
It will be more profitable but make a serious research on projects you want to invest in. We want to minimize the risk. Now that we have a bear market might be a good opportunity to take some positions.
Stolivie
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August 02, 2018, 10:31:53 AM
 #248

If you plan to invest a long term investment in your capital, then I think insurance is a good choice for you. Yes, it is true that you can get a lot of benefit in a short time by investing in cryptocurrency. But there are a lot of risks to losing your capital here.
But to me I think that for a long term investor bitcoin is the best option, because the profit that a day trader can get from bitcoin I do not think is possible from insurance. Insurance can give a very limited amount of profit to person, while from trading there is no limit but depending on your experience and luck.
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