Insurance or cryptocurrency investment?

[logicgate]

Please try to read more of investing and more types and as to learn which are the priorities or the chronological set of those. You really cant mix the traditional and the crypto investment. I suggest you cover your bases first before getting into high risk like crypto

  Learning about crypto and investing must be a compulsory element before getting in the practical field. Reason is, when people comes with different knowledge set, they might not be knowing the technical aspects of bitcoins and others. So this must be for them to at least grab basic knowledge about bitcoins and trading and investing so that their yielding can be enhanced to a better level.

[bitctrimor1]

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. 

Why not both mate? I think insurance and cryptocurrency investment is not comparable with each other because its purpose is just different. Although they can be similar in some aspects like being a contingency asset to hold to be disposed for profit when needed. Insurance is mostly used as a safeguard for things, but on the other hand, cryptocurrency investments are ventures that may go north or south depending on how it will unfold. The certainty as for their purpose are way different as well. Insurance can be claimed surely, while cryptocurrency investments are always up in the air depending on its development.

[iagyei259]

No other investment is worthy than bitcoins. Is a good idea,but u can maintain part as insurance and part as crypto.

[royale143]

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.   

That's right, and at the end of the day, it's a business venture while insurance, in its common meaning, is more of a contingency fund that is used as a safety fund for people who wants to protect their things or properties. Therefore, I would say that it's better to have both. Insurance is better in the senses that it can have so many uses like health care, property and the likes. But, on the other hand, cryptocurrency investment, especially now, is not a bad thing to have because it can be profitable.

[Baofeng]

No other investment is worthy than bitcoins. Is a good idea,but u can maintain part as insurance and part as crypto.

Yeah, it could be a good strategy as well. But the OP has to remember how risky crypto investment is, so he better be ready and not to expect good gains so as not to be disappointed. As far as investing on bitcoin or even in ETH, yes its a good move as long as you know what you are entering so that every market move you will not suddenly push the sell button and wanted to exit hurriedly.

[Sirait]

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 is true, your money is actually going to be the same in the next 10 years because of the yearly inflation around the world, then it is better to invest in cryptocurrency, indeed the risk will be received very largely but the profits to be gained will also be very large too...

[RakknRoll]

Cryptocurrency investment of course, because when you say investment meaning theres more money than in insurance and aside from that it can help you in terms of financial aspects to earn income or profit that can sustain your needs and wants.

[tester4206]

Insurance is a necessity if you lose all your money in crypto better safe than sorry. It thinks it should be both. If you will remove your investment from insurance and put it in crypto currency, make sure when you get enough profit on crypto, return your investment in Insurance

[Mateo123]

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 should think it twicely mate, insurance is great you are already secured and your family too, dont bother your mind about it, remember cryptocurrency is a game a very risky game unless if youre lucky enough, if you have extra capital then you can still invest ib crypto.

[lienfaye]

Cryptocurrency investment is risky and has no assurance if your money will grow or not thus its advisable to only invest the money you can afford to lose so incase something went wrong it wont be hard to accept the fact. On the other hand, insurance has a guaranteed benefits in the future therefore its better to keep it for your own good but still it depends on your decision and way of thinking.

[Chair ee law]

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. 

higher risk, Higher return. Yes your money could double in investment, but remember also you are taking a higher risk in here. Insurance on the otherhand will give you more financial security in the future. you will not need to anticipate risk like that of crypto investment. But yes it will also sleep, so lower risk, lower return. My advice sir, is that do not put your eggs on one basket.

[Gibreil]

If you want to grow up your money right now then try to risk it by investing in cryptocurrency. For sure, 5 to 10 years from now, you will see that your money will grow up. If you want to insure your future better to lend it in an insurance company. But for me, it is great to have investment in cryptocurrency and after you earn, put it on your insurance.

[Question123]

It's not good Idea if you invest yiur insurance money in cryptocurrency because what if to those altcoins you invest you will lose your money.

[$anounimus$]

if you talk save money for 10 years it includes long term I prefer to opt for cryptocurrency and use the capital I have for trading cryptocurrency which is more profitable.

[Sadlife]

Dont invest money you can't afford to lose every investment is risky especially if all of what you have is on the line. Crypto currency investment is very volatile so you might panic when things goes red then decides to sell due to your emotions and ending up losing than gaining. So i suggest to do some research first to avoid this kind of scenario's.

[KesoNie]

Please try to read more of investing and more types and as to learn which are the priorities or the chronological set of those. You really cant mix the traditional and the crypto investment. I suggest you cover your bases first before getting into high risk like crypto

You should be a keen reader more on about trading, investing and most especially when it comes to the coin or business you're going to enter. So for me, it would be better to choose the two choices because having a second option is better than having only a one choice which is not reliable.

[etron]

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. 

the right decision for you to withdraw the insurance and be invested kriptocurenci because in krypto you can make withdrawal whenever you need it

[GelsoAM]

Well insurance is still a good investment but also crypto in the other hand is the best investment iv'e done because i invested on both insurance and crypto and crypto worked the best for me but if you have the funds go for both.

[cryptogideon19]

It depends on what insurance that will you enter. And besides if you want a long term insurance try to insure your Money on BTC maybe after 10years the BTC amount will be triple or 10x from now. No one else know what will be the future of our money.

[zhelis74]

Dont invest money you can't afford to lose every investment is risky especially if all of what you have is on the line. Crypto currency investment is very volatile so you might panic when things goes red then decides to sell due to your emotions and ending up losing than gaining. So i suggest to do some research first to avoid this kind of scenario's.

Insurance and crypto investment are both posses risk because even insurance company can be bankrupt and lost your money at all, but speaking of opportunity to earn big then obviously crypto is the best, so granting that you already have placement for insurance then much better not to withdraw on it and look any alternative means to invest on crypto.