Insurance or cryptocurrency investment?

[Dart18]

You should have just created another load of money for the bitcoin investment. No need to pull out your insurance as that could still help someday.
Bitcoin is just here waiting for you and it will stay for a long time due to more halving that will happen. It will take years and maybe we are dead already before miners could deplete it.

[lucy1215]

It think it should be both. If you will take off your investment from insurance and put it on the crypto currency make sure when you earn enough profit on the crypto put back your investment in Insurance. Insurance is a pre need what if you loose all your money in crypto its better to be secure than to be sorry.

[gabmen]

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. 

Your money, your risk. Placing your money in an insurance plan is good since you'll never know what may happen to you and it's always nice to have a secured feeling that no matter what happens, you're covered. Of course in crypto, money will be growing quite well but you don't have any assurance for how long. I suggest you keep your money in your insurance and start investing in crypto separately

[davids]

I would suggest to hold your insurance money. it's always nice to have a secured feeling that no matter what happens, you're covered. in crypto, money will be growing quite well but There is no assurance in crypto currency

[gamerfan]

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. 

Well, it depends on how much you wanna risk. Keep in mind Bitcoin and altcoins investments are very risky nowadays and you may lose a meaningful amount of money with it. But, this is the case where high risks = high potential returns. Cryptocoins are able to go very high in price in a very short period of time.

I also suggest to look at Insurex. It is a blockchain markeplace for insurance and in my opinion it is a very valid project. You can read more infos here on bitcointalk: https://bitcointalk.org/index.php?topic=1963974.0

[rickadone]

It think it should be both. If you will take off your investment from insurance and put it on the crypto currency make sure when you earn enough profit on the crypto put back your investment in Insurance. Insurance is a pre need what if you loose all your money in crypto its better to be secure than to be sorry.

People get less interest on insurance because different policies of the governments so I will go for crypto currency investments which can help me out to make more money from them through trading or by selling my products for crypto currency online. Crypto currencies are a better way to earn more money than a regular job.

[omonuyak]

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. 

Now the best insurance you can give yourself is to invest in bitcoin and most of the popular altcoins. Insurance companies will use your investment and pay you pinnot which in the long run live you unhappy more than were you are before investing. Bitcoin on the others hand will make you a millionaire if you can invest in it  and live it for the next 10 years. Many people that invest in some cryptocurrency since the advent of bitcoin are now a million in they local currency.

[Zadicar]

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. 

Its a risky thing to do on which you would pull out those funds on insurance just to put it on crypto knowing that anytime coin would dump on where it would result on having a messed life because you dont have anymore money since you do go all in.This is why on this case i would really secure some funds for insurance and just put the amount that you can able to risk on crypto.

[KuromaYoichi]

I think it's risky so just leave your insurance as it is, although it only triple your money in 10 years and the value may be the same as today because of inflation, insurance provide more stability compared to crypto. In crypto if things goes wrong you can basically lose all of your money, If you still have the insurance, you are still fine.

[darthmaul]

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 like the idea of pulling your money from the insurance and keeping it to the bitcoin investment. That would be my first choice if I would have been in your place. Surely, I'm not gonna put my money in the insurance company with huge terms and conditions on my contract plus no garuntee the company will last that strong forever. That's practical approach. With ten years of period my bitcoin will surely give me so much wealth that it can cover my insurance as well as my lavish life as well.

You may wanna rethink before you get stuck with those contracts for next ten years. With bitcoin you don't have any contracts neither any terms and conditions or documentation per se. You just go out there and put your stakes to win the game.

[liuqi]

I think it's risky so just leave your insurance as it is, although it only triple your money in 10 years and the value may be the same as today because of inflation, insurance provide more stability compared to crypto. In crypto if things goes wrong you can basically lose all of your money, If you still have the insurance, you are still fine.

Bitcoin investment will provide the income 5 times more which can he expect after retirement time. Even he does not need to learn anything or invest on trading, mining and etc. If he buy and hold it for some years also it is much profitable for the investors who bought BTC.

[nydiacaskey01]

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 already started paying premiums for your insurance, I guess its not a good idea to dump your insurance and invest in cryptocurrency. Your insurance have benefits that cryptocurrency cant match and besides the risk is less in investing in insurance than crytocurrency. If you have spare money, I suggest thats the one you use to invest in crypto.

[trecore4]

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.

[chineseprancing]

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.

Insurance is one of the best things that needs by all investors to secure their cash or bitcoin into their wallet or sites were they invest. However, it is hard to the part of the developers to secure from time to time the savings balance of each members into the whole world. In addition, there's a lot of hacker in the whole world and I assured that they can't prevent this.

[malika]

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 me i would choose both Insurance is to be used for life security and Bitcoin for long term investment. It is up to to decide to pull out your insurance investment what i can say is that insurance is also an important thing specially for emergency.

[palle11]

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. 

There is a popular saying that "you dont put all your eggs in one basket " meaning you don't throw everything you have to just one thing. You can diversify. Take part of your insurance money and leave some because nothing goes just the way it is planned sometimes just incase either investment go wrong, you will still have something to fall back to.

[Armstand]

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. 

There is a popular saying that "you dont put all your eggs in one basket " meaning you don't throw everything you have to just one thing. You can diversify. Take part of your insurance money and leave some because nothing goes just the way it is planned sometimes just incase either investment go wrong, you will still have something to fall back to.

Have a point, we should really try everything, we should know what we are capable of doing and what we do best. Having investment,savings,business in  crypto related were worth having as long as we decide it right.

[Teraboy]

Pulling insurance for cryptocurrency investment is plain stupid, how if you get sick when all of the cryptocurrencies price went down, your investment will become nothing by it, Im sure that insurance will only take small portion of your money and the rest you can use for investment. insurance is the most important thing, it could save your life and your wallet.

[BingoDog]

Everything depends how much risk are you willing to take. Cryptocurrencies are to my opinion better option with far biger profit but at the same time very risky. I know that insurance market is not the same in every country but in my this is actualy waist of money in a way. Too much paid in advance for not so bgi use later. But maybe you have different experience. Whatever you decide, diversify your investments and place money on different sides.

[twicezeroiszero]

I think it's risky so just leave your insurance as it is, although it only triple your money in 10 years and the value may be the same as today because of inflation, insurance provide more stability compared to crypto. In crypto if things goes wrong you can basically lose all of your money, If you still have the insurance, you are still fine.

Bitcoin investment will provide the income 5 times more which can he expect after retirement time. Even he does not need to learn anything or invest on trading, mining and etc. If he buy and hold it for some years also it is much profitable for the investors who bought BTC.

Certaintly, Bitcoin gives us many chances to get rich easily.
To best honest, sometimes I think again if Bitcoin will die in someday, where is the place help me make money like it ?