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Author Topic: consulting about an idea insurance for bitcoin fall  (Read 338 times)
yair24 (OP)
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July 26, 2018, 11:21:24 AM
 #21

Another thing is that futures need to be boiggt in a burse and has many commisions to the banks.
And are pretty expensive.

In my idea at least on the start it will be much cheaper to buy insurance.

Kprawn
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July 27, 2018, 01:38:04 PM
 #22

You understand the concept that you only lose 50% of your investment, IF you sell it... right? I see a lot of people complaining

that they lost 50% of their investment in Bitcoin, but who made the decision to sell at a loss? What happens if only say, 100

people buy these tokens... would you still honour your "mission" to offer this protection, if this is not supported by people? I

will much rather wait for the price to recover and then sell with a profit.  Grin

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KingScorpio
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July 27, 2018, 03:35:54 PM
 #23

Well, anyway
We are going to have more coins in our insurance plans not only bitcoin.

So if anyone belive in this idea please join the telegram group.

Thanks

well fine, but running an insurrance is though, you have to do quite some stochastical methodology, to run it, i wouldnt buy  a private insurance for cryptocurrencies, the risk it is not capable to hold is to high

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