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Author Topic: Besides crypto, what would be the safest way to hold your money?  (Read 1075 times)
Aureliusy
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October 28, 2017, 12:37:29 PM
 #41

AU and AG 

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October 28, 2017, 12:38:14 PM
 #42

By holding your money in investments and assets like houses.
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October 28, 2017, 01:29:13 PM
 #43

There is no doubt that real state can be an alternative way to hold your money. As time passes by, assets gets more higher in price specially land in cities which are twice the price of land in rural areas. Also houses and other luxurious assets van give you more profit in later time.

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October 28, 2017, 02:02:49 PM
 #44

Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?


Apart from Crypto world i am investing in Gold and real estate as this two investment are next big returns giving investment option, which are more safe and any time you can convert them to fiat currency in emergency.














 

 

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October 28, 2017, 02:19:26 PM
 #45

Holding crypto currency it’s bit risky as well as it will make more panic each and ever day may small speculation will reduce crypto currency value like anything recent China ban made crash upto 50% and now two continues hardfork made to increase 100% here nothing is stable. So keep some amount on this which doesn’t effect your life. My suggestion would be real estate is the best option.

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October 28, 2017, 02:22:57 PM
 #46

Beside cryptocurrency I think the safest way to hold money is keep it in bank or buy gold. When you keep your money in bank it's almost safe if there are no hacker interested about the bank you're keeping your money Smiley) beside you can received monthly interest with the money you keep in bank. Moreover some people choose buying gold to keep money cause money can be lost its value due to inflation but it'll not happen with gold value.
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October 28, 2017, 02:28:33 PM
 #47

Keep half of your money in your home, 1% of them in your poket, and half of them in a very good bank. Although I do not trust the best bank, this is my advice.  
 Bitcoin is the worst way for your money, not the best. Some people here say that they have 70-80% of their money in bitcoin. This is a mistake, what if a day the bitcoin disappears or become equal to almost nothing?
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October 28, 2017, 02:32:11 PM
 #48

invest in business, best option!

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October 30, 2017, 10:24:50 AM
 #49

Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?

Buying land this is good choice in my country because it's a safe and profitable way, but must have enough capital and expertise to choose potential land. Personally I have constraints in this investment sometimes there is a potential land but I don't have enough capital

and your country is?
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October 30, 2017, 01:24:30 PM
 #50

Real estate is fairly safe but if the whole financial system comes crashing down then real estate may suffer too. Gold would probably be safe also.
The opportunities of getting more and more income is usually found in those investment where there are a lot of fluctuations exists the price of gold is usually constant while the rate of increase in real estate is very much higher than the gold so investment in real estate is far better than investment in gold.

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October 30, 2017, 02:37:13 PM
 #51

Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?

Buying land this is good choice in my country because it's a safe and profitable way, but must have enough capital and expertise to choose potential land. Personally I have constraints in this investment sometimes there is a potential land but I don't have enough capital

Right. Buy a physical asset. That is less prone to crashes. And it's value rises in time as well. You can't really lose if you have investmrents in real estates or your own business.

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October 30, 2017, 02:42:29 PM
 #52

Analyse what will happen in a economic collapse and the answer will come to you. First of all, people will not trust Fiat

money. So they will start trading in something else or store their wealth in something that would retain it's value. What will

that be? Gold / Silver / Precious metals / ornaments / Canned food / Clean water / Survival gear... stuff like that. You have

to invest in something that can be traded... Bitcoin might just offer a alternative payment option, when all the others failed.



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October 30, 2017, 02:56:09 PM
 #53

You are correct. For me, you should only invest 5-10% of your savings to Cryptocurrency as the market is very volatile. Diversify your investments. Purchasing a property is a great way to invest as lands are increasing their value over time. Especially if the land is located on great potential place. You can construct a house and you rent it out for business. Passive Income it is. Also, you can invest on stocks, this is investment backed wall street, and with enough experience and knowlege, you can succeed. Lastly, try to invest also on business .

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October 30, 2017, 03:02:50 PM
 #54

People were and are still investing in Gold and other precious metals,  investment in crude oil has gone down because of the low prices. There are banking investment like fixed deposit and treasury bills but those does not yield much profits at all .



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October 30, 2017, 03:05:14 PM
 #55

Gold and real estate are the safest ways to hold money but they are pretty illiquid especially real estate
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October 30, 2017, 03:29:12 PM
 #56

For me another one holding my money will invest in building a Apartment Building. It's demant now that many people need a home or have temporary shelter while saving money to buy a home. It's easy to regain your inivest here especially if you're in a commercial center where the city center is located. Because there are many student boarders and people who want to rent an apartment to get their home near to their workplace.

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October 30, 2017, 04:54:31 PM
 #57

My best choice will be investing in real estates located in areas you are able to rent out easily. By paying the down payment and mortgage, you can pay monthly loan installments using the rental received monthly.

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October 31, 2017, 04:31:48 PM
 #58

it would be bank i don't see any other best alternative to it i do understand banks can't be trusted because of various issues but after bitcoin if i had to choose i would surely choose bank as keeping in home is really risky

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October 31, 2017, 04:52:07 PM
 #59

Real estate, no doubt. I'm currently looking into it and have invested on a 350 sqm lot at a strategic place near the metros. A lot of land developers are drooling at these strategic places and would pay you a ton of money just for these lands. It isn't difficult to maintain too, plus the fact that over time, the lot becomes more and more expensive as the need for housing spaces and commercial establishments arise. Crypto is good for storing in 5-10 years, but if you want a longer time frame than that, try investing in real estate.

Similarly to dothebeats, when I will become rich, I will invest:
- 1/3 in crypto (to continue having fun in trading)
- 1/3 in real estate
- 1/3 in bank funds and bonds

This way, if something happens to one of the three markets above, I could survive

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November 01, 2017, 01:18:06 PM
 #60

Real estate, no doubt. I'm currently looking into it and have invested on a 350 sqm lot at a strategic place near the metros. A lot of land developers are drooling at these strategic places and would pay you a ton of money just for these lands. It isn't difficult to maintain too, plus the fact that over time, the lot becomes more and more expensive as the need for housing spaces and commercial establishments arise. Crypto is good for storing in 5-10 years, but if you want a longer time frame than that, try investing in real estate.
The profit ratio of the real estate is much more higher than other properties because the population of this world is increasing day by day while there is no increase in the land area of this universe so I also suggest to invest your money in real estate for getting remarkable profits.

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