Insurance or cryptocurrency investment?

[anonymous2020]

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. 

Investing in bitcoin is more profitable rather than in insurance so your plan would result good.Only choose ICO that is worth investing for..Thinking that your money will not profit in ten years is so wrong.. Keep your mind always positive in dealing with bitcoin..ICO investment would give you a huge return rather than insurance.. remember where bitcoin 7 years before.

[w5110815]

Your money will not worth the same after 10 years, you will be able to buy a car with the same amount which you have to day and could buy a house with it today, fiat is losing it's value as governments print more money without asking for permission, but in crypto especially in bitcoin not only your money won't lose it's value but it will grow exponentially every year. besides it's decentralized and more people will begin to use it as a way to evade paying taxes, you should expect the price to rise 10 times in less than 5 years.

Yes, absoultely

[magmar]

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 no choose both of them because of course they will be both helpful in the future ensurance of course that is for the time when you are pld and you cannot work anymore or if there is something happens to you that needs immediate response then you have insurance most importantly the health insurance. But bitcoins is great too in personal purposes it depends on the person on in what aspect they wanted to put that profits they gain in bitcoins it can be in education or in health also but insurance will always be important know that

[pandanaran]

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'm sure some insurance companies have their own advantages, so I do not know if it's better or worse if you keep your money in insurance, but in my view it's supposed to give a profit regardless of how big the company is. if you choose cryptocurrency I just think you need to know the fluctuating market situation.

[Kawasakinamoto]

We have no security in investing in cryptocurrency and it is very risky. You don't know after 10 years if it still existing. When you die you cannot leave it to your loved ones. Unlike investing in Insurance when you die, you can leave it to your beneficiary.

[okissabam]

Of course those insurance companies have their pros and cons just like the cryptocurrency investments and trading. It is risky but if it will increment, it will really increase at some point. So if I were to choose, I would choose both cryptocurrency investments and an insurance as well at the same time so in 10 years I would have interest in both parties.

[Souldream]

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'm sure some insurance companies have their own advantages, so I do not know if it's better or worse if you keep your money in insurance, but in my view it's supposed to give a profit regardless of how big the company is. if you choose cryptocurrency I just think you need to know the fluctuating market situation.

Actually either you choose to place or put your savings in insurance or in cryptocurrency they have both risks, loses and worst failures. Sometimes having an investment is depend upon your luck if it is your destiny to get luckily profited then it could be happen, but of course your knowledge, your techniques and styles is accountable to get a high profit.

[geopolisch]

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'm sure some insurance companies have their own advantages, so I do not know if it's better or worse if you keep your money in insurance, but in my view it's supposed to give a profit regardless of how big the company is. if you choose cryptocurrency I just think you need to know the fluctuating market situation.

In my opinion, go for crypto investment because of so many reasons. I have been reading about so many companies that have high default risk and people do not know about it and simply invest their money there. This keeps you at the danger of waiting game.

Some times you have to wait for your money even days and the documentation process often take hours. An investment in Bitcoin rather is much easy and profitable and a sharp minded man will set aside the current risk and will go for the future profit.

[PX-Z]

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 know that investing into crypto could be profitable, but i don't really think that pulling all your insurance and invest it into cryptocurrency is a good idea, we all know how risky is cryptocurrency and it's really hard to trust a huge amount of money to invest on it. If you really want to invest in crypto, just invest an amount that you can afford to lose, because there are no guarantee that all your money will return with a profit, and to avoid of losing to much money and repent later.

[Isaremj3]

Investing in cryptocurrency  investment is a very great idea however, if you have more knowledge about trade and what to buy to make a good profit you are at the upper edge of success. To me crypto invest is better compare to what insurance will bring in return after many years. Nevertheless, between a year to two years you can gain more than what insurance will give you in ten years.

[samcrypto]

Investing in cryptocurrency  investment is a very great idea however, if you have more knowledge about trade and what to buy to make a good profit you are at the upper edge of success. To me crypto invest is better compare to what insurance will bring in return after many years. Nevertheless, between a year to two years you can gain more than what insurance will give you in ten years.

I think you better invest on both because insurance is not about making money, its about protecting what you have work for during your living days. Yes, investing in cryprtocurrency can be more profitable, but what is the sense of your profit if your family don’t receive any of that. Insurance is for your protection and your family.

[Shadon24]

Insurance or buying cryptocurrency is our investment, but the investment in insurance is stable because it includes health care or physical insurance. Investing in cryptocurrenes will help. We have a better chance of receiving a higher return on investment

[bucksman5233]

It is very risky for insurance company because cryptocurrencies are easily stolen by hackers and also users can do fraud just to claim the insurance.

[redsun114]

Investment in kriptocurrancy currencies can be some risky way for a person to put all his capital into because of the volatility of other Bitcoin and Altcion markets. Without proper knowledge of the kriptocurrancy trade. Do not join the trade. If you do not have the right idea or skill about trading kriptocurrancy then it is not for you. Cryptocurrancy can give you 4x or more by several times but it has a big risk too. You can lose all your investments as well.

In my point of view both are the two relevant ways through which a person can get benefits. Insurance is a ready piece while crypto investment is a responsibility of your own. In insurance you will get the targeted profit while in crypto investment you may face with uncertain profits and it also needs your knowledge. However a person with enough knowledge if survives in market for log term will result in huge profit.

[Fredomago]

Investment in kriptocurrancy currencies can be some risky way for a person to put all his capital into because of the volatility of other Bitcoin and Altcion markets. Without proper knowledge of the kriptocurrancy trade. Do not join the trade. If you do not have the right idea or skill about trading kriptocurrancy then it is not for you. Cryptocurrancy can give you 4x or more by several times but it has a big risk too. You can lose all your investments as well.

In my point of view both are the two relevant ways through which a person can get benefits. Insurance is a ready piece while crypto investment is a responsibility of your own. In insurance you will get the targeted profit while in crypto investment you may face with uncertain profits and it also needs your knowledge. However a person with enough knowledge if survives in market for log term will result in huge profit.

You said it right mate, insurance is already an old fashioned way of investing your money for your future they have some offer that will really attract investors to sign in and participate for their business, while inside crypto risk still at large, a big responsibility for the investors itself without any affiliation with someone who will drive your investment, I like both venue if I have a chance to and money to enroll myself with some good insurance from my place, I'll be glad to get one for me and for my family, will wait till my investment from crypto to grow then start planning for much better future.

[Qunetick]

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 know that investing into crypto could be profitable, but i don't really think that pulling all your insurance and invest it into cryptocurrency is a good idea, we all know how risky is cryptocurrency and it's really hard to trust a huge amount of money to invest on it. If you really want to invest in crypto, just invest an amount that you can afford to lose, because there are no guarantee that all your money will return with a profit, and to avoid of losing to much money and repent later.

I agree. Invest in crypto the amount of money one can afford to lose. Although profitable, this market is very uncertain. One may gain or lose along the way. Hence, to save one from such unintended loss, it is so much important to decide and think out one's move well especially when it deals with crypto.

[AnalynCadiz]

I think your decision to pull out your money from an insurance is not a good idea at all. You have to think twice and decide carefully since there is no assurance that your cryptocurrency investment will double your invested money in the long run. Cryptocurrency investment can be profitable but consider the risky part. Just invest what you can afford to lose.

[goldade]

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 think it is a very good idea to pull your money out from an insurance. Like you said earlier that you are only doing this for diversification and that you have other insurance as well,  then you have no problem.
Cryptocurrencies investment, will under no circumstances, bring you loss after a period of ten years. You might even be able to triple you money.
This is because more people are accepting bitcoin on a daily basis and consider the number of those that would have accepted bitcoin in ten years. This will greatly affect the price and such bitcoin will be very expensive and you will definitely make profits.

[alfs75]

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. 

Insurance is also a good investment,and maybe its will secure also your future and the future of your family,but if you look up the situation now in different country,insurance investment is still collapse and the insured person when the time they claimed  there benefits,no one could enjoy it,when times they want to used,just like happen in cap insurance plan in my country,no one could claim there insurance,thats why its better to invest it in digital currency investment,because even there is risk,but we can guaranty  that at least we secure our future and we know there is a big chances that we achieve those our dreams.

[Harley29]

It is very risky for insurance company because cryptocurrencies are easily stolen by hackers and also users can do fraud just to claim the insurance.

Yeah is each and every investment risk will be surely there but you will have to learn dealing with it, now a day bitcoin is the best choice to buy than making insurance and it has low profit and you will have to submit the deposited right on time otherwise you won’t be the member any more but in bitcoin you will only once have to buy then patiently hold it.