Saving for a House!

[Kinkyads]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

[1715369675]

1715369675

[1715369675]

1715369675

[1715369675]

1715369675

[Kinkyads]

Thats a spam exchange

[olkah]

Thats a spam exchange

No

[Nihyfehmih]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

The thought is good. But kn the other hand, I will advive that you run a 1 year plan instead of 6 months since you cant predict market conditions for now. And when the money increases at anytime over the space of the 1 year, tmyou can cash out. Its safer that way than the 6 month

[judeafante]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

It's a huge amount and we are talking about a house here so I want to make it as safe as possible, putting it in Crypto could be a good idea because of the potential of the market in the coming 7 months, but I prefer to invest only half of it, because the market is always volatile, the top coins are always the best options like Bitcoin, Ethereum, Ripple, Bicoincash, just do not put all your eggs in one basket.

[pakhitheboss]

Investing in any cryptocurrency is risky, keep that in mind. Investing all into a stable coin is not advisable. It would be better if you diversified your investment into different Cryptocurrency. You can read this article to understand in detail - https://cointikka.com/best-cryptocurrency-to-invest-in-2019/

[Kotone]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

But still bank is sure to be there and there are insurance about youre money. If you want to invest in crypto, pick a game changer coin cause stablecoin is like holding youre asset same with bank. There are no primary movement and just made for neutralizing the market prices. I think you can put that amount into major top coins listed on CMC especially btc, eth and xrp.

[Getmon]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If you want your $40,000 savings to grow, do not store it in a STABLEcoin. It does not grow in value. You may do so in other coins. I highly recommend that you do it with the top 10 coins, Bitcoin preferably. If altcoins, Ethereum, XRP, or Litecoin will do.

Here is a big warning. If your plan is to save them in crypto for 6 months, there is no guarantee that it will grow. There is even a risk that it will not, and worse fall in value. If that happens, you will be forced to extend that 6 months until you have made gains.

[jazmuzika217]

I think what you are thinking is very risky. Even if you will investing in a strong coin like bitcoin is not safe because all we know that here in crypto world the price of all coin is changing quickly. So if your capital will be fund for your house I think it is better to store your money at the bank. But if you really want to invest here in crypto you can do daily trading but make sure you have enough knowledge.

[taufik123]

You must calculate it carefully and correctly. Investing in crypto is not as easy as one might imagine. there are many risks that can occur. The crypto voting value is very high. but if you are sure and already know the risks, it may increase your profits. Do not let your money just wasted, choose a coin that you trust.

[wajik-tempe]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Too high risk placing a savings in cryptocurrency even for the stable cryptocurrency it's still high risk bro. Because crypto wallets is trackable and if you have a lot of money there you will become a target by the hackers.
If you really want to place your saving in cryptocurrency i recommend you to split your money into at least 5 or more wallets so it won't make your savings look so big. So it will be safer. And USDT is the current best stablecoin

[BlackFor3st]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Stable coins is good option if you are not after for a profit to your money but if you like to grow it while storing it in crypto currencies then top 5 in coinmarketcap is the best options for you.

Though there is a risk but it's very low and there is a big chance that your money will gain a good amount of profit in the next six months. It will be wise if you should invest your money into 3 currencies like for example btc 35%,eth 35% and xrp 30%.

[YOSHIE]

We are saving for a house down payment of 40K.

It's a good step that you take positive thinking in the field of cryptocurrency. hold some time to pay a down payment on the house.
Where people always deposit money in the bank within a period of 6 months and up to one year, that's a little confused for me, with interest limited by a certain percentage depending on nominal money.

If people know that there are certain coins that are stable and profitable every day, surely people will switch investments in crypto, with existing capital of 40k, for example coins Bitcoin, Ethereum, etc.

If you take steps to invest in crypto at this time I can say the right choice, no doubt 40k in a period of 6 months could be your money will be 80k. I hope it can become your real dream in 2020 going forward.

[barnes13]

Stable coins cannot make maximum profits, it is because the value of their token prices only follows the backed up currencies. But, if you want to invest in crypto by taking a big profits you can look at the Top 20 crypto currencies based on CMC or Coingecko. Do your research and analyze their development for your portfolio growth for the next 6 months. Goodluck!

[Aabcde]

I think stablecoin is the best choice. Because money is very important to you. If you want to put it on other than Stablecoin, then you have to understand the risks, it can only give you benefits in the next 6 months or vice versa. And if you already understand the consequences, then saving in BTC is the best choice in my opinion. Especially next year BTC will be halving. There will definitely be a significant movement.

[Genemind]

The question is, could you afford to lose that amount? There's no guarantee that you could gain something out of your funds in 6 months. Any crypto is unpredictable so it will be a big risk for you to invest your allocated funds for you house. If you're ready to take the risks then choose top coins like Btc and Eth.

[acdc]

Cryptocurrency markets are big but risky, you can lose your money because the market plummets or hackers attack. Never invest too much what you are willing to lose.
If you still decide to invest in this market, I think you should split your investments and buy USDT.

[fortunecrypto]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Don't put all your investment in new coins, go for the top coins in the market, 6 months is just enough to make a small profit because we have halving coming stable is also a good option but it cannot make you profit, compared to when you are investing in the top coins in the market.

[Experia]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

40k in dollar? or what currency because it might affect your investment decision, if that is in dollar then it is too huge to risk it on cryptocurrecy. But if you really want to make an investment then go for bitcoin less risk high chance to make a profit in the long run but your time frame might too short or too long.

[Christinebeauty]

Its a good idea though. But it would have been better if you divide the total funds in a ratio of say 8:2 so that you can save about 80% in stable coins while keeping de remaining 20% in a volatile coin, probably BTC so that your funds can appreciate small by the time you are withdrawing your funds

[Pamadar]

Its a good idea though. But it would have been better if you divide the total funds in a ratio of say 8:2 so that you can save about 80% in stable coins while keeping de remaining 20% in a volatile coin, probably BTC so that your funds can appreciate small by the time you are withdrawing your funds

If you are willing to take some risk but if you are  just questioning the stability of stable coin it's also hard to predict if whatever stable coins you'll
use will still remain with your given time span. Saving into crypto is a good option if you will enhance your knowledge towards this industry. Knowing
the coin to use for your saving is very important, and if you plan also to invest some  of your funds buying bitcoin coming from portions of your money will be the best thing to do.

[Oneandpure]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Did you remember when bitcoin down how can you get back your money, never faced big risk with bitcoin because you can lost your house if you put all in bitcoin investing, you have use other source income for investing in bitcoin because have big risk with bitcoin or you can use half your money for investing in bitcoin.

[FireBallex]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

For someone who knows only few things about how crypto works its better to safe the money using stable coins like TUSD or USDC and it depends when you wish to buy the house, if its still years after its better to invest the money on bitcoin

[zeingrind777]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Stable coins will not grow. You will not get more profit there. It's better to plant on top of CMC coins like bitcoin even though the risk is big enough, but you will get more money within 6 months.

[OrangeII]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Stable coins will not grow. You will not get more profit there. It's better to plant on top of CMC coins like bitcoin even though the risk is big enough, but you will get more money within 6 months.

no, he is not looking for profit. he just looked for ways to save his money well. but, 40k is too big. I would like to suggest using Tether as stable on crypto, but lately, I have heard negative news from it. but, you can save a portion of your funds on Tether. if I were you, I might choose to invest in gold, because I could save it myself. the other thing is saving money that you have on a payment processor like PayPal or perfect money. I think it's quite safe. but if you are looking for crypto, stable coins are the best choice.

[joseyphil82]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If i were you i would rather invest half of the money in bitcoin and keep the rest on stable coin like tether, in few months more bitcoin will surely surge more and its more profits for you

[tsaroz]

There are many crypto banks that gives better interest rates than most of traditional banks.
Though the risk is a bit higher than any local banks, many of such crypto interest sites are insured.
Among the insured ones, NEXO provides a 8% interest rates on stablecoins without any catch. Celsius provide a slightly better rate but they don't provide interest on earned interest and their calculations are much complex. BlockFI also provides a similar interest on stablecoins that are compounded monthly.

[crossabdd]

If you don't want big risks, a stable coin is good for saving your savings. until you need it and withdraw it again. but if you want to grow, I would recommend to save on Bitcoin. I think in the next 6 months, your savings will grow 5% -10%. but you also have to take risks for losses when the price of bitcoin falls from your purchase price. so your choice is the best. I just gave an explanation to choose.

[bettercrypto]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Most volatile asset cam found in cryptocurrency. There is no room for stability here since it can goes down and rise up fastly as the bank could be.
6 months? I hope your investment would be ruined because cryptocurrency fluctuates too much. If you want to invest in crypto, use only your excessive fund so that you will not blame yourself if it becomes shit.

[ajeef]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Most volatile asset cam found in cryptocurrency. There is no room for stability here since it can goes down and rise up fastly as the bank could be.
6 months? I hope your investment would be ruined because cryptocurrency fluctuates too much. If you want to invest in crypto, use only your excessive fund so that you will not blame yourself if it becomes shit.

Yeah even people prediction with bitcoin and cryptocurrency are mostly positive about next year, it's still cryptocurrency that can make a surprice for the investors. So, it's really not recommended to invest a savings or even just store the money in cryptocurrency because the price could be surpriced us sometimes, it could be pumped or dumped. And If you have a courage to do that, if the price pump you will be rich and you still got the house and extra money. So, it depends on your decision but it has high risk

[blckhawk]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

What's the difference between a stablecoin and the bank? If they both don't deprecate in value, stable and such, I think bank is much more secured than these stablecoins. Not to mention the extra step of going through exchanges that aren't totally secure and does sometimes screw up. $40K is quite a huge sum of money and I suggest to go with banks first as they're much safer and you have insurance when there's something wrong happened to your funds.

[biddicoin]

If you don't want big risks, a stable coin is good for saving your savings. until you need it and withdraw it again. but if you want to grow, I would recommend to save on Bitcoin. I think in the next 6 months, your savings will grow 5% -10%. but you also have to take risks for losses when the price of bitcoin falls from your purchase price. so your choice is the best. I just gave an explanation to choose.

in the next 6 months, bitcoin will be halving. in the last halving bitcoin price is always increasing so much
so, it would get more profit than 5-10% as you said. it possible can be 20-100%
but ofc the history isnt always repeat itself. there is always risk behind bcz this is cryptocurrency

[karanggatak]

Storing our money in stable coins is the same as storing our money in fiat. because there are no fluctuations that can provide benefits. if you want your money to grow try to invest in the top 20 CMC coins like bitcoin, ripple, BNB and Litecoin. those are some coins that in my opinion are quite potential. and I think now is the right time to buy before bitcoin halves. after bitcoin halves many say bitcoin will be bullish. when bitcoin is bull the majority of altcoin will also pump.

[Lantind]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

As my suggestion, don't save money in crypto, because the stability of the price of crypto coins is very difficult for us to predict. Even no one can guarantee there will be profits for the next 6 months, so you still better save money in a savings bank instead of in crypto, because in the bank there is no potential for loss even though there is no profit, while in crypto the potential for loss is very large, even though the profit is also large.

[Stanlo]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I see you are a newbie and you don't know how profitable bitcoin is, i suggest you do some research on bitcoin to understand what its all about and how life changing the technology really is, i suggest you invest some part of that money in bitcoin and swap the rest to USDT stable currency, you won't regret in the end

[o48o]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Umm, when you take it out from crypto stablecoins to fiat to pay that house, isn't your fear of bank confiscating it even more plausible? At least when you save it normally, banks are seeing that your money comes from legit source.
I have a fear that when i cash out my crypto, they will rule that as money came from drug deals etc, because some banks want to fight permissionless cryptos with any fud they got.

[Zeke_23]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Umm, when you take it out from crypto stablecoins to fiat to pay that house, isn't your fear of bank confiscating it even more plausible? At least when you save it normally, banks are seeing that your money comes from legit source.
I have a fear that when i cash out my crypto, they will rule that as money came from drug deals etc, because some banks want to fight permissionless cryptos with any fud they got.

I think it is still depends on the country you resides. Also, banks will not confiscate funds that easily if you can provide proof. Since OP has 40k (i dont know if what currency it is, basically, he has a source of money to get something that huge, he can use that as a proof and use his investment if ever he earns profit when he was about to withdraw his funds.

[huu78]

Storing on crypto even though the stable coin chooses is still very risky. Not only is the price changed or the project is dead but can also be hit with a hack or something.
Safer in banks if you keep so much money to minimize risk. But if you still choose crypto think about it well and set your plan forward.

[Cherylstar86]

Storing on crypto even though the stable coin chooses is still very risky. Not only is the price changed or the project is dead but can also be hit with a hack or something.
Safer in banks if you keep so much money to minimize risk. But if you still choose crypto think about it well and set your plan forward.

If you are dedicated the coin you choose you must take it even the sacrifice it will come up in the future. Also, we can't deny the fact that some of us will assure everything though its not sure but some of it will try the risk in which they believe that someday that will have a great income the future.

[NathanJB]

Storing on crypto even though the stable coin chooses is still very risky. Not only is the price changed or the project is dead but can also be hit with a hack or something.
Safer in banks if you keep so much money to minimize risk. But if you still choose crypto think about it well and set your plan forward.

In this case, I agree that the money should be saved in the banks instead. At least you have an insurance for it. In crypto, you have none. This is a perfect example of a money that you cannot afford to lose. This is your own and your family's house that is at stake here. You should not risk it for crypto. If you really want to enter into crypto, don't risk everything. Take a little portion of it and invest in top existing coins.

[Fatunad]

Why store it on a stable coin for 6 months when you can invest it and buy btc. In 6 months due there will be a bull run coming up. If you're lucky enough before 6months btc could pump for more than 10%. That percentage is good enough for the $40,000 btc.

[Reid]

I do remember one guy who bought 2 bitcoin and kept it in his flash drive. Every details is there.
And then, he buried it somewhere in his garden.
That was 2 years ago I think or maybe more but not above 3 years.
If I remember it correctly he bought those 2 bitcoins with a price of $3000 which is $1500 a piece.

Yeah, stay with stable coins and that will be safe, the value of it will never move although the risk there is when it is suddenly gone.
With bitcoin though, there is a larger risk but could be profitable in the long run.

[masterrex]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I have a little doubt about this? " i want to store it in crypto as we grow it over the next 6 months" I think 40K is not safe in crypto since you didn't know what could be happen during that period its very risky to gamble since that money was intended for down payment for a house! and if you want to grow it, stablecoin is not the good option since stablecoin will not fluctuate much its just stay in its value. But for other purpose just to store it in decentralized way, stablecoin is suitable for that but don't expect any high returns.

[joshy23]

Why store it on a stable coin for 6 months when you can invest it and buy btc. In 6 months due there will be a bull run coming up. If you're lucky enough before 6months btc could pump for more than 10%. That percentage is good enough for the $40,000 btc.

Enough confidence is needed to take this kind of action. Risk inside crypto is very high so  better for OP to analyze and take a lots of research
before making any decision of investing the said amount of money especially that he's allocating the said money for his house.
Bitcoin though have a good anticipation, incoming halving will impact the crypto industry needs to learn everything about it.

[Ararbermas]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

are you out of your mind are you serious? Did you know how very risky putting money in crypto currency.? Seriously mate i suggest stop assuming because it's very unpredictable.  In fact on this current situation of market you cannot  find some certain investments especially for long run because mostly investors nowadays are very greedy wherein you will end up losing money only if you do that stupid decision. Just keep it to avoid regrets. And find another opportunity instead where you can earn money and then use it to invest not your savings because it's like you want to end your life so fast.  Lol

[Obito]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

At some point good, it will just either go high or down low. I wanna take bank into consideration of storing your money because there are no mistakes nor flaws existing in their end, so, if they take your money away it just only your fault because there are no mistakes in the system while on the other hand storing it into crypto is just like go high or get gone depending on the market condition. Well the best option for you somehow if you don't want to take the risk is storing it into stable coins or bank you just need to be responsible and everything will be okay otherwise store it into crypto.

[fuer44]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

There is no guarantee of a stable coin in the crypto world, but if what you are referring to is a coin whose level of price change does not occur in a short time, it might be there. for the value of 40k I think it will be good if you buy etherum. indeed the value of etherum can go up and down, but if you look at the ups and downs of etherum lately it still stands at $ 250. I think that's good for the next 6 months.

[Ucy]

Stablecoin is one of the best options in my opinion but I wouldn't encourage you to keep everything in one stablecoin or even fiat.
You could spilt the funds into two or three, have two parts in two stablecoin coins (decentralized and centralized stablecoins) and the remaining part in your bank account. Having all your funds in a basket is quite risky especially in your kind of situation.

[Google+]

if you are in need of that much money then I suggest you do not invest in cryptocurrency that does not have a good development or you can say do not save in altcoin, you better save it in the form of bitcoin because if you save in the form of bitcoin you can get a lot of profit from it and bitcoin also has less supply, imagine if the supply is maximal it will be difficult to get bitcoin then the price can be very expensive because bitcoin has a lot of demand.

[#Darren]

Yes, if you wish to hold a solid amount of money, without any risks, then invest in a stable coin. However, it is going to be pretty hard to find a solid one, anyway stay aside from Tether coin, because you will lose your money after 6 months.

[ChrisPop]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If you want to keep your money safe I recommend keeping them in the bank(taking into account that your bank deposit is insured by authorities). Of course that fiat money is exposed to inflation, but so are crypto stable coins like DAI which is pegged 1:1 with the USD and you have some risk that sometimes happen with the DAI infrastructure. As you can see in their chart it had some pretty crazy wicks. Inflation won't affect your holdings too much as you're planning to hold them just for 6 months as you said.

[Eclipse26]

It's a good thing that you're saving for your house but we never know if it'll grow after 6 months. Bitcoin is a good choice but risky as well since it is volatile. As for stable coins, it's safer but yeah stable. So rather than choosing one, I think it's much safer to store it on both. But personally, if I were you I will have it fiat but since you don't want it to put on the bank, it's your choice after all.

[gwaposakon]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

In my opinion, it would be a bad idea to invest money intended for an important purpose in crypto. Promising crypto might be, its market is not that stable and you might end up losing your money. I would suggest you invest only money that you can afford to lose. This way you will not be pressured to sell for a loss if the price sways or fluctuates.

[LouVandetta]

It's very risky if you want to invest your $40k, especially if the money is for your future house.
We never know the future of cryptocurrency. Eventho we could say some coin/alts are really profitable , it's only speculation. I really think storing your money in a trusted bank is the best option. But if you really want them to grow in cryptocurrency, I hope you've planned this very well. You could try the top 10 alts from cmc. Or even bitcoin. But beware, it doesn't mean you'll get profit since no one knows what the future holds.

[BigBoom3599]

In my opinion, it would be a bad idea to invest money intended for an important purpose in crypto. Promising crypto might be, its market is not that stable and you might end up losing your money. I would suggest you invest only money that you can afford to lose. This way you will not be pressured to sell for a loss if the price sways or fluctuates.

Exactly. Rule #1 of crypto has always been: "don't invest more than you can afford to lose". Crypto is a massively risky investment, profit is just as guaranteed as losses are. Don't think that crypto will give you free profits, because you WILL be dissapointed.

Don't overinvest otherwise you will lose sleep, you will be looking at the charts every day, you will be stressed, and most importantly you will make bad decisions based on emotions/stress and lose money because of it.

[zero714309]

Cryptocurrency very risky. Before you put all of your money better to calculate anything. Its not only about profit or what but even you choose 10 top coinmafketcap it not mean your money is safe.

[Wildwest]

This is a thought that is not good and risky, because saving money in crypto has a risk we will be able to lose all of the money if for investment you want to buy property save in the bank because in crypto there will also be banks too, if you want to also invest in crypto select a good coin and safe like bitcoin and ethereum

[AliMan]

This is a thought that is not good and risky, because saving money in crypto has a risk we will be able to lose all of the money if for investment you want to buy property save in the bank because in crypto there will also be banks too, if you want to also invest in crypto select a good coin and safe like bitcoin and ethereum

Selecting the best preference that we wanted to we should make sure that we're choosing the right asset. So that when time comes and when its value reaches the maturity stage, we will be safe from risk on our holdings. If we have plans like property, I think long term is good enough to generate enough profit which will be saved for your future plans.

[Edraket31]

This is a thought that is not good and risky, because saving money in crypto has a risk we will be able to lose all of the money if for investment you want to buy property save in the bank because in crypto there will also be banks too, if you want to also invest in crypto select a good coin and safe like bitcoin and ethereum

It is wise not to put all our money in cryptocurrency , it is still best to have our savings and to have our own traditional business and to have investment such as stock market or to a real estate. It is still best to allot your money and spend it wisely, don't go all in crypto as it is too risky, been to that, gave all in and nothing in return, ended up nothing , so I learned my lessons now.

[leea-1334]

Keeping savings all in one place is a bad idea. Very, very bad idea. Why not keep it in the bank, what is this old judgment you are talking about? Most banks are insured by government so keeping it there is actually safe.

Or buy a savings insurance. Or buy an insurance plan, that you can cancel contract when you want to buy the house.

I love bitcoin and stablecoin but so bad idea to keep house money in it with no insurance!

[tabas]

I've seen one stable coin that went down lower than $1, I forgot the name of it but there should be someone that also knows what I'm talking about. If it's for the downpayment of your house, I wouldn't place it on stable coins, since you don't have any plan of keeping it to bitcoin, much better to put it on a savings bank.

[samcrypto]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I did this, i put my fund on my wedding in cryptomarket and made an easy profit with this one. If you want to earn more the I only suggest to put that money on bitcoin and ethereum, this is my only choice when it comes to short term investing. Go take the risk mate, it will be worth it just stay away from any shitcoins and always go on top.

[calandra78]

This is a thought that is not good and risky, because saving money in crypto has a risk we will be able to lose all of the money if for investment you want to buy property save in the bank because in crypto there will also be banks too, if you want to also invest in crypto select a good coin and safe like bitcoin and ethereum

It is wise not to put all our money in cryptocurrency , it is still best to have our savings and to have our own traditional business and to have investment such as stock market or to a real estate. It is still best to allot your money and spend it wisely, don't go all in crypto as it is too risky, been to that, gave all in and nothing in return, ended up nothing , so I learned my lessons now.

but you can hear that some crazy people dare to sell their assets when they see the market go down and invest in bitcoin. several people in this forum shared their experiences. but either the truth or it is just nonsense. If that happens, there is also a possibility that their speculation with confidence in crypto is very high. because the risk of investing by selling our assets in the real world is certainly very unfortunate.

[vicknick]

If you want to keep your money safe I recommend keeping them in the bank(taking into account that your bank deposit is insured by authorities). Of course that fiat money is exposed to inflation, but so are crypto stable coins like DAI which is pegged 1:1 with the USD and you have some risk that sometimes happen with the DAI infrastructure. As you can see in their chart it had some pretty crazy wicks. Inflation won't affect your holdings too much as you're planning to hold them just for 6 months as you said.

[landoffaucets]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You are going to buy house in next 6 months? Then buy Bitcoin now, after 6 months Bitcoin halving come and I am 100% sure that price will be much higher than nowadays.
Stable coin will not bring you any profit. 

[Febo]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Buy gold if you hate banks or cash. Stablecoins are same as fiat just worse. Bitcoin is volatile if you plan to keep it in Bitcoin for only half year. Gold is best.

[bonyaserg]

Personally, I think that holding a cryptocurrency is very profitable and convenient. Since the crypt does not stand still, it can increase every day. And accordingly, income will increase. And now is the time of new technologies where cryptocurrency plays an important role in the crypto industry. And accordingly, the price will rise due to greater demand.

[kaya11]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

That is a lot of money for me I think, if you are really planning to put it all in crypto please bear in mind that your money could end up worst thant what you are fearing when putting it on a bank, it could be gone in an instant. Aside from alts, you better leave for btc i guess, that is a wise thing to do I think.

[JCviggen]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

That is a lot of money for me I think, if you are really planning to put it all in crypto please bear in mind that your money could end up worst thant what you are fearing when putting it on a bank, it could be gone in an instant. Aside from alts, you better leave for btc i guess, that is a wise thing to do I think.

I also think that using such money to invest in a crypto is best to choose the most low-risk strategy and Bitcoin is the most reliable currency for such an investment

[Katashi]

Is a stable coin the best option?  Thoughts?

If you're really keen to store your money in crypto specifically on a stable coin then my answer is yes because the risk of losing your money is very minimal since stable coin price don't fluctuate that much like other coins but you should know that you won't get good returns either so it is safer to keep the money yourself  if you don't trust the banks.

[tenakha]

I don't want to leave it in the bank as there is a old judgement they can take any time

Does anyone deposit money in the bank? Instead of losing my money because of this decision, I prefer to be stolen by someone. lol. Or finding something that can keep its value, as you say.

Is a stable coin the best option?  Thoughts?

I do not trust stablecoins personally, but it might be a good option for you.

Or why do not you keep your money in any safe place? What about depositing to forex brokers like Oanda or LCG? Do not trade, just leave it there.

[efxtrader]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If the aim is to invest or speculate, stable coins are not the right choice. Stable coins will not provide any benefit in the long or short time because the price is pegged with dollars. In my opinion, if you want to invest safely for the short or long term, Bitcoin can be a good choice

[Maslate]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If the aim is to invest or speculate, stable coins are not the right choice. Stable coins will not provide any benefit in the long or short time because the price is pegged with dollars. In my opinion, if you want to invest safely for the short or long term, Bitcoin can be a good choice

40k is such a huge amount and it would be very risky if you put it all in crypto. Maybe a half of it you can invest it into bitcoin because it will surely make profits and the other half of it place it in a bank or maybe other investments aside from crypto. Don't put all your money in just a single investment especially crypto because its price is very volatile that it could go up or down any time.

[Wintersoldier]

Basically from the concept of the white paper developed by Satoshi, you can be your own bank. In this idea, what you need to understand and figure out is how you can store your crypto to a place where you are the only can access it. And the best option to do it is for you to have your own bank which is a hardware wallet. Many of the users here are suggesting that you can use a stable coin such as USDT.

And USDT is the current best stablecoin

Incorporate USDT in your hardware wallets such as ledger nano or trezor, and through that, you can secure your funds like your own personal bank.

[albrots]

Stable coins can be an option because the value of voting follows the USD 1: 1 Currency. This will be very safe for you to save money without the need for deductions. But do not save in altcoin, because it is very risky. If you want to invest in bitcoin it's also good, but it's better for longterm and must know the movements of the bitcoin market.

[Ailmand]

If you are investing it for you to grow what you have now, investing in stable coin will not be a good option. But, investing in other altcoins or even bitcoin might put your funds at risk. We don't know what might happen in the next 6 months and that is a huge amount of money. If you are a risk taker and you trust that the market will be good 6 months from now, take the risk and invest it in bitcoin. But make sure not to leave it in any exchange and secure it somewhere safe like a hard ware wallet.

[ecnalubma]

Is a stable coin the best option?  Thoughts?

No, but you can store it in stablecoins but your money will not grow. However if you are willing to invest and sacrifice your savings then buy Bitcoin but it will not guarantee you a profit in 6 months period setting it long term will give you higher chance. If your practical you could somehow invest your money in small business to roll your money and make descent profit.

[Edraket31]

If you are investing it for you to grow what you have now, investing in stable coin will not be a good option. But, investing in other altcoins or even bitcoin might put your funds at risk. We don't know what might happen in the next 6 months and that is a huge amount of money. If you are a risk taker and you trust that the market will be good 6 months from now, take the risk and invest it in bitcoin. But make sure not to leave it in any exchange and secure it somewhere safe like a hard ware wallet.

We should also take note that either Bitcoin or altcoins have no assurance and guarantee that you will earn a can make a house for a year, it still depends on the situation, if you are making it long term, possible but always double check the updates and news for any tokens/coins that you are holding at. As per me, I don't invest with the coins I am not sure of, I am just holding Ethereum and Bitcoin at the moment, and some of my profits, I am saving for my dream house. 

[inthelongrun]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I don't think this is a good idea. Stay away from risky investments when it comes to money allocated to anything of importance. The safest thing you can do is investing it on secured bonds, deposits and other sort of investments. These investments won't generate big income but it is safe and secured.

I also fucked up when in 2018 I poured thousands of dollars in crypto believing I could earn profit so I can buy a more expensive property. The money in the end cannot even afford the cheapest property on my list of choices.

[wajik-tempe]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I don't think this is a good idea. Stay away from risky investments when it comes to money allocated to anything of importance. The safest thing you can do is investing it on secured bonds, deposits and other sort of investments. These investments won't generate big income but it is safe and secured.

I also fucked up when in 2018 I poured thousands of dollars in crypto believing I could earn profit so I can buy a more expensive property. The money in the end cannot even afford the cheapest property on my list of choices.

Investing in crypto is just like gambling because the price is so speculative and when we think we'll get much profits but what happened is the opposite. And when we think we will get loss, we'll gain much profits. So, cryptocurrency is so undpredictable and the best way to invest is having a concept of nothing to lose, so we are not worrying about our investment

[BeManga]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

in my opinion, investing in bitcoin today will be profitable than investing in some altcoin because of the incoming halving next year
but always remember investing in crypto is risky
to make sure that you will not lose your money just hold it in your own pocket

[meliodas]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

in my opinion, investing in bitcoin today will be profitable than investing in some altcoin because of the incoming halving next year
but always remember investing in crypto is risky
to make sure that you will not lose your money just hold it in your own pocket

To be honest, altcoin has a bigger room for profitability compare to bitcoin because altcoin do have a lot of options in the market while in terms of bitcoin, you will be sticking to bitcoin only. There are hundreds of altcoin that have potential and can give you hundreds of return in just a few weeks or months and they are just waiting for you to be discovered.

[shodik007]

stable coins don't give us a big advantage compared to other coins or altcoins, but they can still provide benefits. the risk of stable coins is also not too big, I suggest doing it 50:50 on bitcoin and stable coins (usdt) from the change of both will still generate profits.

[btcdie]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

That kind of money is not playing, everyone will be tempted by these numbers and want to get it. this is my suggestion, if it happens to me. 70% of my assets are stored on reliable, stable coins. the reason is to keep from losing assets, and keep in mind, buy them at a low price, like Tether came down to $0.90. and 30% as capital for investment or even trading crypto coins or local shares, although this is a bit of a risk but it can be as capital to process your finances.

[stadus]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

No, never risk the money that is intended for your house as there is no guarantee you'll succeed in investing.

Stable coin is good but the risk of your money getting hack in an exchange is high compared to your money put in the bank, why? because bank do have an insurance policy to cover your deposits, most exchange does not have any.

[Cherylstar86]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

No, never risk the money that is intended for your house as there is no guarantee you'll succeed in investing.

Stable coin is good but the risk of your money getting hack in an exchange is high compared to your money put in the bank, why? because bank do have an insurance policy to cover your deposits, most exchange does not have any.

To take a high risk makes a very miserable in the end so better to assure everything first by having an alternative solutions. Each of us have our own way to take a risk in which it may a good for all and for many but to think about our way of living might be affected just like the house. I hope you may think it all over again before the final decision you've made.

[Murat]

I appreciate your thinking but it's too risky to invest your saving money for your own purpose, I know that the banking system is boring but you have to find a good place where your money kept safe and generate more money. if you really want to invest in this blockchain system then there is only one coin that's Bitcoin, I think if you hold Bitcoin for a couple of months then certainly it will bring to you a good amount of profit, but you have to take a high risk, here you have another option is Ethereum, which is also almost as same as Bitcoin, Ethereum price is also comparable to the Bitcoin's price because the trend is same so either Bitcoin or Ethereum could be the choice for you.

[wedosgibas]

Yeah, stable coin are the best choice, like USDT (Tether) or USDC. And make sure you always follow the news about coin you choose, just in case.

[akmal1984]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You can actually just save at home without the need to save in a bank. However, if you really want to use crypto services, it's better that you exchange your fiat money for stable coins. Because the money you have is clear what you want to use it for. So it's rather risky if you exchange it for other crypto coins.

[Darooghe]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

In your case absolutely not. If you save up paper money you will need to deal with the inflation, but if you saving up money for example in a bank where it carries interest it just keeps the money's worth. but If you are still curious about cryptocurrencies I highly recommend you to invest somewhere from 10–20 percent of your savings. I think throwing all your eggs in one basket can indeed yield high returns if that market sees a boom. However, when a bust comes, and they always do, you could lose everything, EVEN a stable con is theoretical stable and there is no guarantee it remains stable.

Imagine that you had asked the question in December 2017 at peak Bitcoin and you put all in Bitcoin already. Your $40,000 would now be worth something around $20,000 after being as low as $9,000. If you can’t stomach losing 50 percent of your investment, you shouldn’t be investing it all in cryptocurrency. so never throw all your eggs in one basket. $10,000 in stocks, $10,000 in crypto, $10,000 in bank and etc. That way, if one market crashes, you didn't just lose your all savings.

[max6575]

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[angrybirdy]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You can actually just save at home without the need to save in a bank. However, if you really want to use crypto services, it's better that you exchange your fiat money for stable coins. Because the money you have is clear what you want to use it for. So it's rather risky if you exchange it for other crypto coins.

Yes, if OP decided to exchange it to crypto such as bitcoin then it would be risky especially for an inexperienced investor. It is best to keep his funds or go for a stable coin, it either of them. Investment should be done only with the investment you can risk to lose, and not the reserved fund where will be using in an important investment such as paying a house.

[PuertoLibre]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

For the long term investing, buying the top altcoins and BTC can bring a good profit after a few years. Compound interest can be used for increasing the stack of holding cryptocurrencies, you need to make good research for choosing the potentially better projects. You can join the IEOs after taking your profits from the profitable altcoin trades or buy the promising altcoins for strong crypto portfolio, as you can see there are alternative choices depending on your experience, risk management.

[OptimusPrime_3]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

stable coin? Nah, that means you will be getting back your 40k after the 6 months without any interest. You can possibly invest it on currencies like btc,eth etc but can't predict the market turnout in the next six months

[doomistake]

Stable coins cannot make maximum profits, it is because the value of their token prices only follows the backed up currencies. But, if you want to invest in crypto by taking a big profits you can look at the Top 20 crypto currencies based on CMC or Coingecko. Do your research and analyze their development for your portfolio growth for the next 6 months. Goodluck!

Maybe it cannot maximize OP's profits but he preferred stable coins for himself because it might be the easiest way for him to secure his capital while earning profits even though it is not as big as when you invested it on coins that have higher volatility. Stable coins is a half savings and a half investment, so it is not that bad as a start for OP, assuming that he is a beginner or in the middle.

[Apinya_Anong1111]

There are a lot of money worth thinking about investing instead of leaving your house in the bank. Choose the currencies that are highly appreciated by experts. Please do well.

[nanaimogold]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

The keyword here is "saving" for a house, so i will suggest putting your money in usdt/usdc/pax, then store in your private offline wallet (ledger or trezor). Please do not store in any exchange buy if you must, coinbase is good. Moreso, if you choose to invest the money, then my safest bet is on bitcoin

[Kevondo]

Stable coins cannot make maximum profits, it is because the value of their token prices only follows the backed up currencies. But, if you want to invest in crypto by taking a big profits you can look at the Top 20 crypto currencies based on CMC or Coingecko. Do your research and analyze their development for your portfolio growth for the next 6 months. Goodluck!

Maybe it cannot maximize OP's profits but he preferred stable coins for himself because it might be the easiest way for him to secure his capital while earning profits even though it is not as big as when you invested it on coins that have higher volatility. Stable coins is a half savings and a half investment, so it is not that bad as a start for OP, assuming that he is a beginner or in the middle.

Stable coins are definitely not going to work. He needs to ponder p on his strategy. How is it possible to make profits from some asset that does not change its value? Stable coins are more of a saving as compare to an investment. For making big, a big time volatile crypto currency is required. The best is to invest in bitcoin as it produces the most profits. Ethereum is a bit slow one but can be trusted with reliability.

[HabiebRiziq]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think it is a good choice, but I would rather not invest all your people in stable coins, it's good to invest some of it in top coins to get profit if you hold it within 6-12 months. And I think that will be more profitable than just investing in stable coins.

[Zionatin]

That's risky. If you fail it will end badly. This isn't really money you can afford to lose. Why don't you invest the money into a company or idea you have or some sort of business?
I would recommend you do that over risking it for crypto. Only risk crypto investments if you already have crypto from the start or if you have some extra money you can use to invest that won't shake your whole world if you end up losing it in the end. Something like a house is too much of a risk to be playing games with.

[ven7net]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Why not. Cryptocurrency has a great potential for growth, especially in the next two years, and if you want to increase money and make a big purchase, then this is a great option. However, you must understand that cryptocurrencies are highly risky and the last word is always yours. On the other hand, it is difficult to imagine an asset that could give a good profit. Definitely only cryptocurrency.

[Ajaone]

To me, this is very risky and it will be better for you to keep the money in fiat currency. Even you invested it in Bitcoin, it is still not 100% safe because this is crypto and they are highly volatile. None of us known what could happen tomorrow, therefore keeping the money that you want to use to buy house in an unregulated asset class is not a wise decision.

[tracyhayley]

If you want just to save your money in crypto, it's the best choice to store it in stable coin. But if you want some profit, you can choose one of the top 5 coins in coinmarketcap. But i won't recommend you to save all of your money in cryptocurrency. it has a high risk, you may have some loss because its fluctuations.

[Viscore]

If you want just to save your money in crypto, it's the best choice to store it in stable coin. But if you want some profit, you can choose one of the top 5 coins in coinmarketcap. But i won't recommend you to save all of your money in cryptocurrency. it has a high risk, you may have some loss because its fluctuations.

Yes. Invest in crypto with the amount you can afford to lose and not totally all your savings amount. You can still put some of your money in a bank because it would be totally safe in there. Investing in crypto might give you good profits but the time is still indefinite and due to price fluctuations, it will add more risks in your investment.

[nydiacaskey01]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I am doing the same thing, saving any cryptocurrency that I earn in signature campaigns and air drops, but I save it in a wallet not in an exchange site. If you are afraid that a bank can take your money anytime, so does an exchange site. Imagine those accounts in Bittrex that was placed on hold without notifying the account owners that includes me. Thats why I am not that confident in saving my earned cryptos in an exchange site. Its a big NO.

[Wintersoldier]

If you want just to save your money in crypto, it's the best choice to store it in stable coin. But if you want some profit, you can choose one of the top 5 coins in coinmarketcap. But i won't recommend you to save all of your money in cryptocurrency. it has a high risk, you may have some loss because its fluctuations.

That's quite possible but from the fluctuation that we can experience, we cannot already consider our investment as a loss since the moment we sell our coins, that will be the start of loss. As we hold our funds with us, with a private key (and much safer with hardware wallet) we are still on track and the same way that determines loss will determine our profit and that is the market volatility/fluctuation. You can save your funds but make sure you are willing to wait whenever the market of your chosen crypto falls.

[DabsPoorVersion]

If you want just to save your money in crypto, it's the best choice to store it in stable coin. But if you want some profit, you can choose one of the top 5 coins in coinmarketcap. But i won't recommend you to save all of your money in cryptocurrency. it has a high risk, you may have some loss because its fluctuations.

Yes. Invest in crypto with the amount you can afford to lose and not totally all your savings amount. You can still put some of your money in a bank because it would be totally safe in there. Investing in crypto might give you good profits but the time is still indefinite and due to price fluctuations, it will add more risks in your investment.

It is very risky.
As he said, he only wanted to grow his money for over the next 6 months. Having a timeframe will only make his situation worse, we all know that there is no guarantee that his money may grow or decrease after that. He should have to risk the money he can take to lose.
A bank is a good option to put the funds to safety, rather than investing it in crypto with only limited time.

[Itsmylife]

Cryptocurrency markets are big but risky, you can lose your money because the market plummets or hackers attack. Never invest too much what you are willing to lose.
If you still decide to invest in this market, I think you should split your investments and buy USDT.

buy USDT for what? It's value seem unchange in the crypto market.
Better you should buy ETH or BTC than buy others, this will decrease the risk to your investment.

[sends1]

I think that's a very large amount. profits in investing in Stablecoin will also not be much, because it usually only goes up a little. If you want to get more profit, invest in other altcoins like ethereum, ripple, bitcoin etc. You can also see a list of the top coins in coin marketcap

[Pearls Before Swine]

This idea doesn't even make any sense, because what realtor is going to accept altcoins as payment for a house?  You can barely buy real estate with bitcoin, much less any other cryptocurrency.

And Op, everyone here is telling you this is a risky proposition and I'll go even further and say it's a stupid plan.  If you're saving for a house, you ought to save cash and *not* buy altcoins unless you never want to own a home.  The chance that you could lose your savings is too great to even think about trying this.  You might as well go to your local casino and play roulette instead.

And as was mentioned, banks are going to be a part of any real estate deal and you won't be able to get away with a completely cashless transaction when buying a house.  I don't know what country you're living in, but that's generally the case everywhere.

[Lexurdania]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

In my opinion it is too risky to put all the money that should have been for a down payment into cryptocurrency. Just invest with the money we can afford to lose because we never have what happens with the price of cryptocurrency in the next 6 months. It could be the price of the coins that we invest down and this will dash our hopes to pay for the house

[Colt81]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Putting your 40k savings for a house down payment in a cryptocurrency could be a risk because your funds would decreased and increased, that is why you should be putting your funds in coin that has a potential to give you a  huge profit. If you will be putting your funds in a stable coin like USDT, it could have a lesser risk because there are less possibilities for your funds to have a low value.

[NewRanger]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

In my opinion it is too risky to put all the money that should have been for a down payment into cryptocurrency. Just invest with the money we can afford to lose because we never have what happens with the price of cryptocurrency in the next 6 months. It could be the price of the coins that we invest down and this will dash our hopes to pay for the house

only imaginer person that will do this. Put money only in one basket will make us be poor man if someday something wrong happen to our Investment. Jts not wise decision switching 100% asset from property to cryptocurrency ,meanwhile property has less risk if compared with crypto market. In this market we could totally loss,but in property or house its price "always rise ,and there is no standard price as long as demand still bigger than supply.

[Dau1coduot]

Coins and stable coins are not good idea i think. Just keep cash or you should buy gold. 6 months is not long time, cash or gold will keep its value.

[tambok]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

In my opinion it is too risky to put all the money that should have been for a down payment into cryptocurrency. Just invest with the money we can afford to lose because we never have what happens with the price of cryptocurrency in the next 6 months. It could be the price of the coins that we invest down and this will dash our hopes to pay for the house

only imaginer person that will do this. Put money only in one basket will make us be poor man if someday something wrong happen to our Investment. Jts not wise decision switching 100% asset from property to cryptocurrency ,meanwhile property has less risk if compared with crypto market. In this market we could totally loss,but in property or house its price "always rise ,and there is no standard price as long as demand still bigger than supply.

For my almost 3 years in crypto industry, I can say that everyday is a learning period for me, I went to a mindset wherein during my early years, I am cashing out immediately the funds I have, then those coins becomes more than times 4 of the price I cashed out, so I told myself not to cash out immediately and wait and hold, then when I hold it didn't meet my expectation, so lesson learned is when I already have profit even a little, don't need to wait long for it, it is better than risking expecting more then ended losing more.

[barabarian1]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think if you keep your money on a stable coin then the same as you save fiat money the value will not increase. it's better if you dare risk you using your money to buy bitcoin. or if you are afraid of losing money you can use some of your money. for example you can save as much as $ 30,000 in a bank and then the remaining $ 10,000 you can buy bitcoin. and I think now is the right time to buy before bitcoin defends two by 2020. if you are lucky your money will multiply when bitcoin bull run. but you also have to be ready when this bitcoin dump is a risk that we have to face. but I'm optimistic that bitcoin can pump again.

[pobeditelvezde]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

From my point of view it need to be an extremely desperate person to use for investing such important passives like a house. I consider that neither a house nor other important assets (the passives) must not be used for investing purposes albeit sometimes people hazard a house. Let us clarify the situation. Suppose, you have lost a house and what will you do? Particularly, try to answer a question for yourself where will you live? I consider that it is better to have less than not to have anything at all.

[crisanto01]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

From my point of view it need to be an extremely desperate person to use for investing such important passives like a house. I consider that neither a house nor other important assets (the passives) must not be used for investing purposes albeit sometimes people hazard a house. Let us clarify the situation. Suppose, you have lost a house and what will you do? Particularly, try to answer a question for yourself where will you live? I consider that it is better to have less than not to have anything at all.

Agree with you, let's not gamble our precious house but rather we should be motivated and be inspired in investing for having our own dream house, let's just invest the money that we can afford to lose, let's not be too greedy to be able that we are taking risk even our own house and our car, this is not the way investing should be as you will be in desperate once you lose it.

[barnes13]

If you want just to save your money in crypto, it's the best choice to store it in stable coin. But if you want some profit, you can choose one of the top 5 coins in coinmarketcap. But i won't recommend you to save all of your money in cryptocurrency. it has a high risk, you may have some loss because its fluctuations.

You're absolutely right! If you are ready to lose everything to get a big profit, you can start investing in crypto. But you have to really think carefully about this. Then, ff you want to go through a safe path, then saving in stable coins will be highly recommended. Another option is you can also invest through deposits in banks. They provide a fairly high interest at this time.

[GideonGono]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think that was good for something good coin on you will invest but the best option for a less risky thing is to invest a good coin for future like bitcoin that we'd know it was the best coin back the until now.

[zhengqi]

If you have extra money now, then you should invest it in fundamental coins such as bitcoin or ether. But if you are not a beginner and have a good knowledge of investing, it may be worth taking a risk and invest in something less well-known, but quite promising.

[Blackdeath]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think it is risky to put all of your saving for a house down payment in a cryptocurrency because there are chances that it could  decreased or increased your savings, so you should put your savings in a coin that is worth for investment such as BNB, LTC, XRP and ETH. But if you want for your savings to be safe you should put your savings in a stable coin like USDT, it would be much better because there are less chances for you to lose a huge amount of money.

[satgoldan]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think it is risky to put all of your saving for a house down payment in a cryptocurrency because there are chances that it could  decreased or increased your savings, so you should put your savings in a coin that is worth for investment such as BNB, LTC, XRP and ETH. But if you want for your savings to be safe you should put your savings in a stable coin like USDT, it would be much better because there are less chances for you to lose a huge amount of money.

And why transfer all your savings to USDT because it is a stable coin that always costs $ 1, isn’t it easier to withdraw everything from the Internet and put it under your pillow. I think everyone knows that the owner of the USDT Bitfinex coin and the American government always have questions to the exchange about this coin due to some violations of the laws, if they can destroy this coin, then your savings will turn into dust. If you already store in cryptocurrency, then in BTC or TOP altcoins.

[xiboothrezi]

do not use money that has been set aside for large interests such as buying a home.  promising profits are great, you have the opportunity, otherwise, the risk of loss is also high.  are you ready to lose that money?  are you ready if you fail to buy a house?  Don't risk what you can't afford to lose.  But if you are sure and can overcome all the risks, then please try.  If I'm not going to risk it, it's better to invest in gold or something.

[josephdd1]

Well if you are storing it in stablecoin, then it won't grow in value unless you are planning on invest that stablecoin in one of the myriad DeFi projects out there.

Maybe you could convert it to stablecoin then lock it up in Nexo for an 8-10% yearly interest rate? Look into the risks before doing so though.

[henmark]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Since you have a time frame for it that you need, honestly, stable coin would be the best option, so that you don’t have to deal with volatility because if you store it in other coins, you could have a drop on the money before then. Stable coin would not allow you to have a drop in the amount that you keep in there, but you should know that with stable coin, you can't get any addition to your coin, because the value of stable coin does not decrease nor increase.

If you want to have an increase on the coin, then I will advise you should invest in bitcoin, just that you will not tie any time to it, so you should just put it in there for the sake of removing it anytime that bitcoin shoots up in price, which could be today, tomorrow within that 6 months and it could even be higher than the 6 months.

[alan2here]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think it is risky to put all of your saving for a house down payment in a cryptocurrency because there are chances that it could  decreased or increased your savings, so you should put your savings in a coin that is worth for investment such as BNB, LTC, XRP and ETH. But if you want for your savings to be safe you should put your savings in a stable coin like USDT, it would be much better because there are less chances for you to lose a huge amount of money.

I think if you have made a good profit, you should spend 5% savings because this is a very safe way for all investors. I usually convert to USDT and hold for a long time to be able to use this money in the near future because the stable coin never changes in value. Each person has different saving strategies and holding some top coins is also a very promising option.

Of course, it is necessary to be clear in the division of capital and always follow the original plan because if you are not careful, you will lose your savings when investing.

[Webetcoins]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think if you keep your money on a stable coin then the same as you save fiat money the value will not increase. it's better if you dare risk you using your money to buy bitcoin. or if you are afraid of losing money you can use some of your money. for example you can save as much as $ 30,000 in a bank and then the remaining $ 10,000 you can buy bitcoin. and I think now is the right time to buy before bitcoin defends two by 2020. if you are lucky your money will multiply when bitcoin bull run. but you also have to be ready when this bitcoin dump is a risk that we have to face. but I'm optimistic that bitcoin can pump again.

Stable coins do not bring any profit because of their constant value. In order to make money from an investment, there must be some chance of it to gain value in future. Investing in stablecoins is like investing in gold. Even in the most optimal scenario, the price gain will not be sufficient for huge returns. Bitcoin is the right choice according to my opinion too. This coin can make anyone’s dream a reality.

[JC btc]

I think if you have made a good profit, you should spend 5% savings because this is a very safe way for all investors. I usually convert to USDT and hold for a long time to be able to use this money in the near future because the stable coin never changes in value. Each person has different saving strategies and holding some top coins is also a very promising option.

Of course, it is necessary to be clear in the division of capital and always follow the original plan because if you are not careful, you will lose your savings when investing.

Setting aside for savings is really a good idea, during the time I gave my all in in crypto and I lost fund, I learned from it and it was my biggest mistake that I ever made, so for me, we should have fund for emergency purpose, for investment, for future, and for disbursements (daily needs, for monthly expenses) that is what I am doing now, budgeting well my fund, with that I am saving.

[Triffin]

That's risky. If you fail it will end badly. This isn't really money you can afford to lose. Why don't you invest the money into a company or idea you have or some sort of business?
I would recommend you do that over risking it for crypto. Only risk crypto investments if you already have crypto from the start or if you have some extra money you can use to invest that won't shake your whole world if you end up losing it in the end. Something like a house is too much of a risk to be playing games with.

There is no need to exaggerate the risk factor in crypto market because there are numerous examples where people have generated unbelievable revenues with the help of crypto currencies. Risk is there in business. Get your facts straight because 90% of the people who start business fail. So according to statistical data business is riskier than crypto. Investing into bitcoin has never been a risk for anyone.

[sapnu]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

From my point of view it need to be an extremely desperate person to use for investing such important passives like a house. I consider that neither a house nor other important assets (the passives) must not be used for investing purposes albeit sometimes people hazard a house. Let us clarify the situation. Suppose, you have lost a house and what will you do? Particularly, try to answer a question for yourself where will you live? I consider that it is better to have less than not to have anything at all.

Agree with you, let's not gamble our precious house but rather we should be motivated and be inspired in investing for having our own dream house, let's just invest the money that we can afford to lose, let's not be too greedy to be able that we are taking risk even our own house and our car, this is not the way investing should be as you will be in desperate once you lose it.

I actually prefer investing than any other ways of earning here because it is indeed sure that we can earn money but we just need to choose some of the projects that is making sure also that we can earn because I can say that not all crypto will become successful so we should choose one of them that is going to be successful, and how can we do that? Basically, we can make sure of it if we read everything stated in their whitepaper which is their whole plan to the whole project while running, it is indeed good to study the project who you will be investing too because your money is at stake.

[bohr]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If you are going to buy a stable coin with the amount of money that you have saved then it seems a better idea for me to save that in a bank or to keep it in your home and not tell anyone about it since it doesn't really make a lot of sense to buy a stable coin, as their name implies those coins are supposed to be stable and are not going to give you any profits no matter how long you hold them, however if you do not trust your local bank then it is better that you store it yourself but be very careful because if it is stolen most likely you will never get it back.

[pixie85]

Maybe if you chose a decentralized stablecoin but it's still risky because you're trusting a relatively new project that hasn't been tested by enough people and for long enough.

If you're really ready to entrust your life's savings to a coin choose bitcoin. It may look like it's more unstable than stable coins but it's growing in value over time. Short term you can see losses but long term you will profit from holding your money there. A stable coin will not give you any profit and it's not much safer than a bank.

[Kevondo]

I think if you have made a good profit, you should spend 5% savings because this is a very safe way for all investors. I usually convert to USDT and hold for a long time to be able to use this money in the near future because the stable coin never changes in value. Each person has different saving strategies and holding some top coins is also a very promising option.

Of course, it is necessary to be clear in the division of capital and always follow the original plan because if you are not careful, you will lose your savings when investing.

Setting aside for savings is really a good idea, during the time I gave my all in in crypto and I lost fund, I learned from it and it was my biggest mistake that I ever made, so for me, we should have fund for emergency purpose, for investment, for future, and for disbursements (daily needs, for monthly expenses) that is what I am doing now, budgeting well my fund, with that I am saving.

If you ask me, I think saving in the form of digital currencies is much better than simply keeping the paper money in bank accounts or personal lockers. The saved amount will increase with time. Though banks also have insurance policies but those cannot be as beneficial as digital coins are. The only point that should be taken into account is, the digital asset should be a potential one.

[stepwilli]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Some people were suggesting that you hold it for one year, but I would say the six months is okay if that's how long you want to hold it for. You're holding a stable coin so there is nothing like worrying about whether the price is going down or up. Whatever amount you put in there that's what it's going to remain when you pull it out, so I don't see the need to hold for one year when that would add anything to it, unless you decide to invest in Bitcoins.
 
If you want to invest the money in Bitcoin then that's where you will have to start doing research and reading the charts to know what's going to happen next.. The market is at a low price now and there are also predictions of bull run happening at anytime.. But if you don't want to take the risks of volatile coins like Bitcoins, then a stable coin is a good choice.

[pundit]

I really do not recommend it still if you want to invest this money in crypto I would suggest you to go for some amount out of the total amount you have.Undoubtedly crypto can grow your amount many folds in a short time but at the same time it too can depreciate your investment in a short period. When dream of house shattered it hurts a lot. It has happened to me, I booked my house and even gave token money when crypto market was at its best but with the last downtrend everything vanished. My purpose is not to demoralize you but I want you to keep your money safe first.

[Gotumoot]

Don't put it in a stable coin because it won't help you. It's best to put it in bitcoin, or in ethereum because you have a greater chance of making a profit here. But you also need to be careful because we don't know what can happen with the bitcoin price today. So it depends on you but it is best that you put it in the bank because it is more secure and you are sure it will not rob by anyone.

[Leema]

Investing your hard earn money on cryptocurrency is not really a wise decision to make. We all know cryptocurrency trading is at high risks and can't be dependable. What I would suggest is keep 50% in cryptocurrency and don't act too greedy not to take profit. And the rest keep it in a bank this will be balancing your risk in half way instead of investing all in cryptocurrency.

[Nolimitz84]

Don't put it in a stable coin because it won't help you. It's best to put it in bitcoin, or in ethereum because you have a greater chance of making a profit here. But you also need to be careful because we don't know what can happen with the bitcoin price today. So it depends on you but it is best that you put it in the bank because it is more secure and you are sure it will not rob by anyone.

Banks are not an option at all.The Bank will never make you rich.Crypto and only crypto.But before investing you need to think very carefully and analyze what you want to invest in.I myself am now in search of a good investment, so I will not recommend anything. Decide everything yourself.

[darkangel11]

Investing your hard earn money on cryptocurrency is not really a wise decision to make. We all know cryptocurrency trading is at high risks and can't be dependable. What I would suggest is keep 50% in cryptocurrency and don't act too greedy not to take profit. And the rest keep it in a bank this will be balancing your risk in half way instead of investing all in cryptocurrency.

Buying cryptocurrency is not always the same. You can buy Bitcoin which IMO is a great idea. If you think it's not you should get in touch with all those thousands of people who bought Bitcoin before december 2017. They should have a thing or two to say to you.
The other part of advice is good you can invest 50% but that doesn't make you safe. If you're trying to buy a house losing 50% will make you almost as miserable as losing it all because you won't be able to buy it either way.

[Nwaka20]

Personally i believe you are taking a big risk saving such huge amount for a project in Cryptocurrency. Investing in Cryptocurrency is highly risky especially when the money is for something as crucial as a house. The market can't be predicted at all. Stable coins should be the best option if at all you want to save in crypto

[cahbagus555]

Personally i believe you are taking a big risk saving such huge amount for a project in Cryptocurrency. Investing in Cryptocurrency is highly risky especially when the money is for something as crucial as a house. The market can't be predicted at all. Stable coins should be the best option if at all you want to save in crypto

Agree with this opinion, it is too risky to invest all of the down payment on a house to invest in the cryptocurrency market. Crypto is difficult to predict when the price goes up, it could be in the next 6 months the price of crypto goes up but it can also go down. In my opinion, it's safer to invest using funds we can afford to lose so we are more relaxed

[yohananaomi]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You should also think that all investments will carry a lot of risk, be it loss or profit. just how you can anticipate and examine correctly.
saving in crypto is the same as investing, now you just have to be able to analyze the situation where you will put it. do not let you fall that actually harms. it's good to divide up some items that are already on the market so that it's not too risky.

[cryptothreads]

Personally i believe you are taking a big risk saving such huge amount for a project in Cryptocurrency. Investing in Cryptocurrency is highly risky especially when the money is for something as crucial as a house. The market can't be predicted at all. Stable coins should be the best option if at all you want to save in crypto

Agree with this opinion, it is too risky to invest all of the down payment on a house to invest in the cryptocurrency market. Crypto is difficult to predict when the price goes up, it could be in the next 6 months the price of crypto goes up but it can also go down. In my opinion, it's safer to invest using funds we can afford to lose so we are more relaxed

Investing with the money can lose will make our psychology more comfortable when dealing and not under financial pressure. I think this is something that any investor should do to protect their assets best. If you are lucky enough to make a good profit, you should save 2% to 5% and switch to stable coins for more safety. It may not help you buy a home, but you will definitely need to use it in emergencies.

Personally, I spend a lot of time managing my investment and always keep a savings for my family or if something goes wrong. We cannot guarantee anything in this market so the savings are still much better.

[elisabetheva]

Personally i believe you are taking a big risk saving such huge amount for a project in Cryptocurrency. Investing in Cryptocurrency is highly risky especially when the money is for something as crucial as a house. The market can't be predicted at all. Stable coins should be the best option if at all you want to save in crypto

Agree with this opinion, it is too risky to invest all of the down payment on a house to invest in the cryptocurrency market. Crypto is difficult to predict when the price goes up, it could be in the next 6 months the price of crypto goes up but it can also go down. In my opinion, it's safer to invest using funds we can afford to lose so we are more relaxed

Investment is indeed needed courage to take the most appropriate steps but with good analysis.
because if the funds you use are for an interest that also cannot be underestimated. this will be a problem because investing in crypto is a long-term investment. if possible I agree with the opinion of the colleague above that it is better to use funds that are truly available and not for basic interests.

[wajik-tempe]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You should also think that all investments will carry a lot of risk, be it loss or profit. just how you can anticipate and examine correctly.
saving in crypto is the same as investing, now you just have to be able to analyze the situation where you will put it. do not let you fall that actually harms. it's good to divide up some items that are already on the market so that it's not too risky.

Even investing on crypto that already listed on the market is not recommended for savings because the concept of crypto is just invest the money that we can afford to lose. So investing for saving for cryptocurrency is a very high risk decission. Only invest the money that we don't need anymore such as if we already have a passive income and active income, we can invest the passive income to crypto and we'll be safe in financial even the money that we invest in crypto are lossing

[huige007]

This is a very big risk - getting money for a house and investing it in cryptocurrency. For such a short period - 6 months - you will receive a small profit. There is a risk of being left without funds at all. I do not advise you to do so.

It is unlikely that this will be possible because if you only have $1000 to invest, saving to buy a house is impossible. I think this is the way for big investors and depends a lot on the money they save in this market. For me, I cannot afford to do this but I will use some of my savings for emergencies as this is my insurance for my safety in everyday life.

It is not exactly impossible to save for a house by just an investment of 1k dollars but a difficult task for sure. The probability of him achieving this is small as he does not have many potential options to achieve this. Rather there is only one way through which he can save for his dream house and that is to day trade bitcoin. He should buy bitcoin and try to increase its amount by trading on daily basis.

[Kocret02]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

A stable coin might be good for keeping your assets for 6 months, but I think if you don't think of putting in a type of cryptocurrency that has profits like bitcoin or ethereum. when the coin has an increase in price I think you will get a profit. so think about it

[rincoeng1986]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If indeed you keep it in the form of a stable coin, of course, there will not be a significant increase for your money and your money will not be drastically reduced later, I strongly agree with what you do because we know that bitcoin and ethereum are investments that are active so that at any time there can be a price reduction and of course you can lose the money you want to used to buy a house if the price of bitcoin or ethereum dumps.
Looking for profit is important but home is a top priority for the family

[arimamib]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

A stable coin might be good for keeping your assets for 6 months, but I think if you don't think of putting in a type of cryptocurrency that has profits like bitcoin or ethereum. when the coin has an increase in price I think you will get a profit. so think about it

I think it would be better to change it to FIAT if the main purpose is to buy an item. and if the money entered into the market should be utilized, if not possible the nominal will remain the same but that is his choice

[robelneo]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You did not mention if this is in dollar or on your local currency, but if it is in dollar, that's a big amount my advice is to get it in the top coin in the market, for maximum profit, since you are going to invest it in the next 6 months, and that will be in time for the halving and probable bull run, but always remember you are investing still in a volatile market, there is still a risk involved, get always updated in the market situation.

[lolgato1]

If you would like to stay in a crypto but you are looking for stability how about look at the anchor project? Their token promises to be stable plus give you a protection against inflation by being anchored by the global economy? You can buy it on Liquid exchange, but learn first about it at frist.

[tonyvo2017]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

6 months is a good time for you to buy bitcoins from now on. The Bitcoin Halving event will take place in Q2 of 2020 and it is also the time when Bitcoin is growing strongly.
$ 8k5 is still a fairly cheap price right now and it cannot be reduced any more as buying power is now very strong. Try your luck.

[zenhu]

I think if you have skill of bussiness you can make yout money growth or get profit on it. I don't think if trade can make us more richer, if you don't have knowledge on market leave it.
For saving money i suggest you to buy gold then sell when you need to liquidate. Gold is one of safe-heaven in the world. No matter the prices its showing us the values of money. Nothing to lose if you buy gold to hold or for temporary save.

[SanZoldyck]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

for a period of 6 months it might be a good stable coin, but for a fairly long term like that it's better to invest in BTC, ETH or XLM which can go higher

[starblocks]

If you are seeking to grow your capital you would benefit most from investing in Bitcoin and Ethereum for starters and then putting together a well balanced portfolio, but keep in mind this is an emerging market so adopting a long term view here and only investing what you can afford to lose would be the wisest strategy and you can use stablecoins to hedge against volatility

[fullhdpixel]

I think that's a very large amount. profits in investing in Stablecoin will also not be much, because it usually only goes up a little. If you want to get more profit, invest in other altcoins like ethereum, ripple, bitcoin etc. You can also see a list of the top coins in coin marketcap

You are a very funny person, someone is talking of growing a coin within the next 6 months and you are advising him to out his investment in ripple. For the past one year, have you seen ripple make any increase, has it not come to you that ripple is already turning to a stable coin? So tell me how is it possible that ripple will help grow his investment within the next 6 months? I know that we are all entitled to our own opinion, but we need to also be realistic.
 
The only coin that I think can be guaranteed to actually fetch him some increase within the next 6 moth time frame that he has is still only bitcoin, and I think the only coin he should out the money in is that watching out for the best period to buy which should always be the period for dips.

[upyem2k]

Saving your assets in digital is no longer advised as we all know and understand the volatility of it. Some people converted their cash and some other assets to bitcoin at $19,000 per bitcoin. Can you just imagine what they would have lost by now. Some are grounded bankrupt as I type this. So, be wise.

[danielchris]

My opinion is that saving for house is a good idea for future savings, but it is  more  important thing how much long time you want invest amount. I advice you, you can choose only bitcoin .because you can trust  in bitcoin from  this past performance. I think  so.

[efxtrader]

Saving your assets in digital is no longer advised as we all know and understand the volatility of it. Some people converted their cash and some other assets to bitcoin at $19,000 per bitcoin. Can you just imagine what they would have lost by now. Some are grounded bankrupt as I type this. So, be wise.

Agree, even though many people say bitcoin is a good investment, we shouldn't use all the money we have. We have to invest funds that we can only lose so that important needs are not disturbed, this will make us more comfortable when prices fluctuate

[naikturun]

Stable coin is the best option to save without worrying about its value going down, but if you want to get profit you can buy top 10 CMC because time is 6 months long enough, and maybe you can save bitcoins within that time period.

[Kezacky]

do you mean, save money in crypto and within a certain time limit? I think you need to plant it in stable coins like USDT / USDC. I think this is a good choice because stable coin prices only move with fixed prices. Another case if you invest with a profit target, then crypto like BTC or top coins are a good choice for profit investment.

[d3nz]

There is a lot of risk in ivesting your money on cryptocurrency and you need to have a knowledge in trading first before putting your money savings and you might lose it and it will be hard to recover.

And also it will depend on what coin/token you will br buying but if you are really want to invest your savings then only choose bitcoin since i think its much stable and the value really sky-rocketed last 2017 and it might pumps up by next year. Who knows right?

[ragavancoin]

Saving for house is good but in Cryptocurrency no one can predict or assure when crypto market will pump or dump. In 2020 there is a chance to increase but not sure.

Savings in bank is a good idea. If it is invested in crypto and goes higher in market then it is awesome. There is a risk. If you are ready to risk go-ahead.

Be smart and make a decision. Buying a home is not that easy in this world.

[soramon]

Well from my perspective saving money for a house is a good idea but investing on cryptocurrency is too risky. Even you invest on stable coins there is no guarantee you will get profit maybe you can just lost your money. We talking about buying a house so maybe you should invest on realistic thing

[Palider]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

It is even safer to invest in a bank because it can return our money if it robs them of their care.
It is safer for banks to invest money because with this assurance they can be returned to us. especially with your money you will use to buy your own house. Don't risk it in crypto.

[Bitfling]

Well from my perspective saving money for a house is a good idea but investing on cryptocurrency is too risky. Even you invest on stable coins there is no guarantee you will get profit maybe you can just lost your money. We talking about buying a house so maybe you should invest on realistic thing

It's too risky to risk a down payment on a house to invest in the crypto market even though it's bitcoin. It's better not to use the money needed to invest because crypto prices always fluctuate. We have never been able to predict the price of crypto in the next 6 months and I think it's better to use idle money to invest so we don't stress

[bassbity]

I think it is not good to save money in crypto because it is very risky, in my opinion saving in a bank is safer than crypto, something happens in the bank then the bank's responsibility. If it's in crypto, then you have to accept it gracefully if it happens that you don't want it, then a better down payment for a bank house is much safer.
Or even stable coins are still vulnerable to risk.

[Serco]

I think it is not good to save money in crypto because it is very risky, in my opinion saving in a bank is safer than crypto, something happens in the bank then the bank's responsibility. If it's in crypto, then you have to accept it gracefully if it happens that you don't want it, then a better down payment for a bank house is much safer.
Or even stable coins are still vulnerable to risk.

between risk and return totally different. Saving our money only get its security,they will pay us with small interest and its suitable for investors that use playing safe strategy. Meanwhile in crypto , we could earn money ,hundred percents profits only in few days or weeks.but dont forget it has high risk too for all investors . we could choose them that which is suitable for our character.

[salty]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

6 months is too short a period so it is very difficult to choose the asset that will help make you rich. But in any case ,you need to choose assets from at least the TOP 10.

[Latines]

Do not be silly. Cryptocurrency is unpredictable. Only money that you can lose can be invested here. And throwing money at home is not what the family expects from you.

[aysg76]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

See OP thats a really good thought and as you want to invest in crypto but this market is too volatile and you could loose your money at any time as market can crash in coming months and your house dream could shatter so be wise and try to invest only in some potential altcoins most probably only in bitcoin as it has high rerurns over short period of time.Hope you can achieve your goal and price rise and we all gain profits along with you.

[kodtycoon]

investing with 40k to pay for something in your case would be very good for choosing bitcoin, because after all bitcoin will have greater potential in the next few months or more precisely in the next year. when you choose a stable coin then i think it is very risky because when there is a big dump then at least the stable coin will also fall and will slow to recover and this is very different from the top and more popular coins like bitcoin

[tambok]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

See OP thats a really good thought and as you want to invest in crypto but this market is too volatile and you could loose your money at any time as market can crash in coming months and your house dream could shatter so be wise and try to invest only in some potential altcoins most probably only in bitcoin as it has high rerurns over short period of time.Hope you can achieve your goal and price rise and we all gain profits along with you.

Let's be practical in every decision that we will have, if you already have plenty of money, think carefully where you are going to invest. Remember that cryptocurrency is very risky, so if I do have a lot of money, will just invest some of it, and the rest will do for a traditional business, I would also love to have a real estate investment of crypto. If I will invest in crypto, I will just invest in Bitcoin and in Ethereum.

[nanaimogold]

Its a good idea though. But it would have been better if you divide the total funds in a ratio of say 8:2 so that you can save about 80% in stable coins while keeping de remaining 20% in a volatile coin, probably BTC so that your funds can appreciate small by the time you are withdrawing your funds

I would advice you to put it into bitcoin because of its foreseeable longterm profit but sincerely speaking the investment window of 6months which you gave is quite short. 6-8 months ago and bitcoin was trading under $4k. The market is too volatile to say the price of btc in the next 6months. You might have to wait a bit longer for gains

[NeuroticFish]

Its a good idea though. But it would have been better if you divide the total funds in a ratio of say 8:2 so that you can save about 80% in stable coins while keeping de remaining 20% in a volatile coin, probably BTC so that your funds can appreciate small by the time you are withdrawing your funds

I would advice you to put it into bitcoin because of its foreseeable longterm profit but sincerely speaking the investment window of 6months which you gave is quite short. 6-8 months ago and bitcoin was trading under $4k. The market is too volatile to say the price of btc in the next 6months. You might have to wait a bit longer for gains

Stable coins don't bring anything. And I am not sure what's more trustworthy - banks or some more or less known institutions that issued stable coins.
An idea was to invest for growing the value. Investment means risk. And investments need time and 6 months may not do, especially in crypto, which is prone to big fluctuations.
But if he does so, then I would advise more than Bitcoin only, some amounts can go into something else. Maybe some small amounts into altcoins, maybe some amounts into gold or stocks... diversifying uses to increase the chances for a good outcome.

However, OP should keep in mind that exchanging his money into something else and back means fees to be paid.

So there's no good solution imho.

[bohr]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

6 months is a good time for you to buy bitcoins from now on. The Bitcoin Halving event will take place in Q2 of 2020 and it is also the time when Bitcoin is growing strongly.
$ 8k5 is still a fairly cheap price right now and it cannot be reduced any more as buying power is now very strong. Try your luck.

I do not know what market you were watching but there was no one buying bitcoin at that price which is why the price is going down now, it is better to wait for bitcoin to show us how low it will go before buying any of it, once bitcoin reaches the bottom then you can buy as much bitcoin as you want because I really think that we are getting ready for another bull market, that doesn't necessarily mean that the bull market will appear immediately, maybe it will take a few months or years but whatever the case you don't want to miss it

[armanda90]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You can deposit in stable coin and this is the most correct way in my opinion.Because if you deposit in Bitcoin will have a high risk,although many people to say next year bitcoin halving and prices will be bull run,is not a refference to ensure our funds are safe.We cannot predict the future of bitcoin price and maybe we will get a loss.

[tiptopgemdotcom]

Its a good idea though. But it would have been better if you divide the total funds in a ratio of say 8:2 so that you can save about 80% in stable coins while keeping de remaining 20% in a volatile coin, probably BTC so that your funds can appreciate small by the time you are withdrawing your funds

I would advice you to put it into bitcoin because of its foreseeable longterm profit but sincerely speaking the investment window of 6months which you gave is quite short. 6-8 months ago and bitcoin was trading under $4k. The market is too volatile to say the price of btc in the next 6months. You might have to wait a bit longer for gains

For swing investment, promising altcoins will give a better return on investment compared to the top cryptocurrencies. I also advise waiting for the longer timeframes before putting all eggs in one basket. Diversifying between the top altcoins and thinking about to harvest the profit is a better thinking method.

[zulfi125]

I don't recommend to invest in all funds in one stablecoin if you want to invest in crypto than you should diversify your investment in different coins like ETH ,XRP, TRON, XLM.

[bgaf]

If youre gonna invest on cryptocurrency then stablecoin isn't the best coin to invest with cause there's not a lot of good movement in these type of coins. Better invest with btc, eth or major projects that could increase the price more in the future.  I hate to say it, but putting it on stable coin isnt worth it at all used it only to neutralized the fund when the major alts have been increase by fold.

[velive08]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

if you only rely on stable coins, maybe you only get what you saved at the beginning. but it might be necessary to try on one of the types of coins that have the potential and can increase profits in the future some time such as ethereum or bitcoin. so even if you are in crypto you will still get profit from your savings

[goaldigger]

Its a good idea though. But it would have been better if you divide the total funds in a ratio of say 8:2 so that you can save about 80% in stable coins while keeping de remaining 20% in a volatile coin, probably BTC so that your funds can appreciate small by the time you are withdrawing your funds

I would advice you to put it into bitcoin because of its foreseeable longterm profit but sincerely speaking the investment window of 6months which you gave is quite short. 6-8 months ago and bitcoin was trading under $4k. The market is too volatile to say the price of btc in the next 6months. You might have to wait a bit longer for gains

Expecting for a big rewards needs to take bigger risk, and holding for a 6 months is still not guaranteed to make money on that. OP have a better plan on this, but the market can't tell if he will earn or not, or anyone here can be sure about this one and yes the volatility is one of bigger risk. If you invest it on smaller coins then expect to take money longer, OP should think more before to proceed with his plan and consider all the pros and cons or else his money will be wasted and his dream house might be delay because he lose money.

[Vitalicus]

I think it is not good to save money in crypto because it is very risky, in my opinion saving in a bank is safer than crypto, something happens in the bank then the bank's responsibility. If it's in crypto, then you have to accept it gracefully if it happens that you don't want it, then a better down payment for a bank house is much safer.
Or even stable coins are still vulnerable to risk.

I agree with you. The best way is to keep fiat in the bank and limit crypto savings because the constant volatility of the market will make you very difficult. When I was profitable I often switched to Fiat and spent more than 10% of my profits on bank deposits because this is the only place you can trust at this time. Of course, save money to buy a house, you need to have great patience.

[Xxmodded]

I think it is not good to save money in crypto because it is very risky, in my opinion saving in a bank is safer than crypto, something happens in the bank then the bank's responsibility. If it's in crypto, then you have to accept it gracefully if it happens that you don't want it, then a better down payment for a bank house is much safer.
Or even stable coins are still vulnerable to risk.

I agree with you. The best way is to keep fiat in the bank and limit crypto savings because the constant volatility of the market will make you very difficult. When I was profitable I often switched to Fiat and spent more than 10% of my profits on bank deposits because this is the only place you can trust at this time. Of course, save money to buy a house, you need to have great patience.

If you buy correct altcoin for investing maybe you can get profit, how come if choose bad altcoin and you have lost your house, we don't know how to prediction with bitcoin and altcoin price at the future, better looking other your source income for investing with bitcoin and altcoin because I think is best solution how to keep your house safety from investing.

[lighpulsar07]

I think it is not good to save money in crypto because it is very risky, in my opinion saving in a bank is safer than crypto, something happens in the bank then the bank's responsibility. If it's in crypto, then you have to accept it gracefully if it happens that you don't want it, then a better down payment for a bank house is much safer.
Or even stable coins are still vulnerable to risk.

I agree with you. The best way is to keep fiat in the bank and limit crypto savings because the constant volatility of the market will make you very difficult. When I was profitable I often switched to Fiat and spent more than 10% of my profits on bank deposits because this is the only place you can trust at this time. Of course, save money to buy a house, you need to have great patience.

If you buy correct altcoin for investing maybe you can get profit, how come if choose bad altcoin and you have lost your house, we don't know how to prediction with bitcoin and altcoin price at the future, better looking other your source income for investing with bitcoin and altcoin because I think is best solution how to keep your house safety from investing.

He wants to save his money in order to buy a house right? so, if he was in good mind, he wouldn't put all of his money in altcoins or it will be a hassle if he wants to convert his hundred thousand dollars worth of altcoins since banks will freeze your account and investigate it and also the cryptocurrency economy isn't stable it is very volatile than other investment option out there.

[Desscount]

I think it is not good to save money in crypto because it is very risky, in my opinion saving in a bank is safer than crypto, something happens in the bank then the bank's responsibility. If it's in crypto, then you have to accept it gracefully if it happens that you don't want it, then a better down payment for a bank house is much safer.
Or even stable coins are still vulnerable to risk.

I agree with you. The best way is to keep fiat in the bank and limit crypto savings because the constant volatility of the market will make you very difficult. When I was profitable I often switched to Fiat and spent more than 10% of my profits on bank deposits because this is the only place you can trust at this time. Of course, save money to buy a house, you need to have great patience.

If you buy correct altcoin for investing maybe you can get profit, how come if choose bad altcoin and you have lost your house, we don't know how to prediction with bitcoin and altcoin price at the future, better looking other your source income for investing with bitcoin and altcoin because I think is best solution how to keep your house safety from investing.

He wants to save his money in order to buy a house right? so, if he was in good mind, he wouldn't put all of his money in altcoins or it will be a hassle if he wants to convert his hundred thousand dollars worth of altcoins since banks will freeze your account and investigate it and also the cryptocurrency economy isn't stable it is very volatile than other investment option out there.

very wise !, investing to buy a house is very good, I myself like that way, but if you invest in altcoin it's also good,
because altcoin season hasn't come until now, and that's the reason I recommend it to you

[horrifiedx1]

I think it is not good to save money in crypto because it is very risky, in my opinion saving in a bank is safer than crypto, something happens in the bank then the bank's responsibility. If it's in crypto, then you have to accept it gracefully if it happens that you don't want it, then a better down payment for a bank house is much safer.
Or even stable coins are still vulnerable to risk.

I agree with you. The best way is to keep fiat in the bank and limit crypto savings because the constant volatility of the market will make you very difficult. When I was profitable I often switched to Fiat and spent more than 10% of my profits on bank deposits because this is the only place you can trust at this time. Of course, save money to buy a house, you need to have great patience.

If you buy correct altcoin for investing maybe you can get profit, how come if choose bad altcoin and you have lost your house, we don't know how to prediction with bitcoin and altcoin price at the future, better looking other your source income for investing with bitcoin and altcoin because I think is best solution how to keep your house safety from investing.

He wants to save his money in order to buy a house right? so, if he was in good mind, he wouldn't put all of his money in altcoins or it will be a hassle if he wants to convert his hundred thousand dollars worth of altcoins since banks will freeze your account and investigate it and also the cryptocurrency economy isn't stable it is very volatile than other investment option out there.

a good decision if he wants to diversify his assets to buy a house, however investing in one area of ​​investment will be more risky, especially investing in cryptocurrency that has high fluctuations. but it is different from property which has a small risk and its value tends to increase

[anjiitem]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If you just want to save your money into cryptocurrency then a stable coin I think is the right choice for you. But, for me if you can take a little of that money to invest in cryptocurrency and you can make a profit, I think this is actually a better choice, maybe you can use some of your money for you to invest in a few coins that you think might give You profit, so you can not only save your money but you can also benefit from it.

[Mighty_crypt]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Use USDT or USDC to safe your 40k in the blockchain, just make sure you safe guard your private key, this is the only way to get access to your fund anytime you need it, every other coins like bitcoin or eth are not stable yet they can double your 40k for you in few months but risky

[leea-1334]

See OP thats a really good thought and as you want to invest in crypto but this market is too volatile and you could loose your money at any time as market can crash in coming months and your house dream could shatter so be wise and try to invest only in some potential altcoins most probably only in bitcoin as it has high rerurns over short period of time.Hope you can achieve your goal and price rise and we all gain profits along with you.

Oh no please do not advice this! You know,,, asking people to invest in potential altcoins is just as crazy as putting his savings into a casino.

You want to buy a house, just keep the money in a bank and save it. Or as suggested before buy a savings insurance and keep money there bit by bit, then buy your house as soon as you have enough.

Stop mixing up profit and savings and money you cannot afford to lose!

[kambaralikhan]

I have been working on cryptocurrencies over the last 2 years and If you ask about stability well I would say stability has nothing to do with cryptocurrencies. Cryptocurrencies are highly volatile like they are on a roller coaster ride, rise and fall, ups and downs beyond expectations and the reason is this investors see cryptos as a mechanism of making fast money and speculators speculate the market 24/7. CryptoMarket is currently under recession but hopes are high that it will recover soon. If you want to make good returns then cryptocurrencies are better place but you're gonna require high trading skills and experience because crypto economy behaves differently, unlike stock market or forex. If you are new in cryptocurrencies I suggest you don't take such risk, take some time, learn the market behavior, read market statistics for last 3 years and you will get your answer whether to join Cryptoworld or not at all.

[Cimmy_revenger]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

your mind is good for financial management.
I will also do as you do, because I also believe that the development of crypto in the future will definitely be better than now.

[carriebee]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

your mind is good for financial management.
I will also do as you do, because I also believe that the development of crypto in the future will definitely be better than now.

Actually there is a risks investing all of his money into crypto. The plan is good with financial management but all I can say, crypto currency is volatile so better diversify his investment. He needs to study the market very well on how he cannot be disappointed when his investment may not grow.

[NavI_027]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

your mind is good for financial management.
I will also do as you do, because I also believe that the development of crypto in the future will definitely be better than now.

You only know it was a good move only before the amount of your money decrease. Your perspective will surely change once your money diminished drastically. Don't get me wrong, I love crypto and also believe to its future (btc to be more specific) but I will never ever place a life-changing amount of money (like the house downpayment) in a risky place and wipl not advice the same thing either. Maybe some of you think that converting your money into crypto for the meantime and hope to make profits at an instant is a good idea, but in reality it wasn't. It's not that simple! If pro daytraders still exert a lot of effort in order to make their money survive in the waves of price volatility then what more for a common hodler like you? I advice you to use your extra money for crypto investing and not the money you used for sustaining your needs.

Here's my question, if you continued investing your down payment and then unfortunately a sudden bearish season comes. What will you do now? Are you willing to sleep along the streets? I hope you get my point now .

[Xcode7]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

your mind is good for financial management.
I will also do as you do, because I also believe that the development of crypto in the future will definitely be better than now.

Actually there is a risks investing all of his money into crypto. The plan is good with financial management but all I can say, crypto currency is volatile so better diversify his investment. He needs to study the market very well on how he cannot be disappointed when his investment may not grow.

the crypto market does have a higher level of risk, the development of crypto will not always be okay there is no time to grow. financial management is the best way before investing because without financial management, the funds that you have can lose large amounts

[makolz26]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

your mind is good for financial management.
I will also do as you do, because I also believe that the development of crypto in the future will definitely be better than now.

Actually there is a risks investing all of his money into crypto. The plan is good with financial management but all I can say, crypto currency is volatile so better diversify his investment. He needs to study the market very well on how he cannot be disappointed when his investment may not grow.

If he's my friend or a family member i won't allow him to do it, of course it is still his decision but I will do my part and that is to remind him that cyrpto is too risky that he should not risk everything. I salute all the risk takers but not those who are even selling their house just to gamble and risking their money with no assurance at all, for me that is not a practical act but too greediness.

[Visbay]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

your mind is good for financial management.
I will also do as you do, because I also believe that the development of crypto in the future will definitely be better than now.

Actually there is a risks investing all of his money into crypto. The plan is good with financial management but all I can say, crypto currency is volatile so better diversify his investment. He needs to study the market very well on how he cannot be disappointed when his investment may not grow.

the crypto market does have a higher level of risk, the development of crypto will not always be okay there is no time to grow. financial management is the best way before investing because without financial management, the funds that you have can lose large amounts

We should make proper plan and we should invest only the extra amount so we can gain and save at the same time. It’s not an easy task but also it's not impossible to earn from crypto just need to make a plan and invest your additional amount into it. After buying we should hold so that later on we can sell it for profit and buy our own house.

[Perfect35]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Know that, even if you save in stable coin, you might not still get the exact amount you wanted in later time. The reason being mainly that transactions fees will be deducted while processing whatever for of transaction. Although, considering other options, stable coin seems to be the best, most especially when crypto is being considered.

[dataispower]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Since you are saving for a house, to be on the safe side, leave the money in USDT or any other stable coin if you don't plan to make profit by saving in crypto. If you wish to make profit, put some in BTC before the halving next year. Please note that this is just my opinion, as the market is unpredictable.

[safem]

It is a good thing to save in order to meet up with some future expenses. However, it is better to invest than to just be saving money somewhere and be expecting increase. I will advice you to look for a good project which has a valuable coin for you to invest into. You need to do intensive research before you put your money into any project for investment because a lot of scam projects are flying around in crypto. If you are opportuned to find a good project to invest into, you can be rest assured that your profit is guaranteed and your goal will be actualized.

[bitvalak]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Do not do anything silly, better put half or a quarter of the money that you are ready to lose at any time.
There is no certainty in the price of Cyrpto, you should know that.
You better use your money for other businesses that can make more sense.

[bohr]

If youre gonna invest on cryptocurrency then stablecoin isn't the best coin to invest with cause there's not a lot of good movement in these type of coins. Better invest with btc, eth or major projects that could increase the price more in the future.  I hate to say it, but putting it on stable coin isnt worth it at all used it only to neutralized the fund when the major alts have been increase by fold.

It does not even make sense to use fiat to buy another fiat, when you buy a cryptocurrency like bitcoin it is true the price can go down but it can also go up and if you hold for long enough you can be sure you will get profits, but when you invest in a stable coin not only you will not get profits there is a possibility that at some point the exchange that created the stable coin that you bought disappears or is hacked and the value of that coin crashes all the way to zero.

[judaspriest]

If youre gonna invest on cryptocurrency then stablecoin isn't the best coin to invest with cause there's not a lot of good movement in these type of coins. Better invest with btc, eth or major projects that could increase the price more in the future.  I hate to say it, but putting it on stable coin isnt worth it at all used it only to neutralized the fund when the major alts have been increase by fold.

It does not even make sense to use fiat to buy another fiat, when you buy a cryptocurrency like bitcoin it is true the price can go down but it can also go up and if you hold for long enough you can be sure you will get profits, but when you invest in a stable coin not only you will not get profits there is a possibility that at some point the exchange that created the stable coin that you bought disappears or is hacked and the value of that coin crashes all the way to zero.

very risky if you save on stable coins for a long time, stable coins are backed up with their own funds and not from the government,
maybe it's better to be in Fiat and buy a future home

[Nezerlan]

You should understand the risks involved if you do this. Left to me, I'd rather make use of spare money and keep it in crypto than use money meant for important real life expenses such as rent money

[drumamat]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If you want to keep the equivalent amount of $ 40,000, then of course use stable coins, specifically USDT.

[bohr]

If youre gonna invest on cryptocurrency then stablecoin isn't the best coin to invest with cause there's not a lot of good movement in these type of coins. Better invest with btc, eth or major projects that could increase the price more in the future.  I hate to say it, but putting it on stable coin isnt worth it at all used it only to neutralized the fund when the major alts have been increase by fold.

It does not even make sense to use fiat to buy another fiat, when you buy a cryptocurrency like bitcoin it is true the price can go down but it can also go up and if you hold for long enough you can be sure you will get profits, but when you invest in a stable coin not only you will not get profits there is a possibility that at some point the exchange that created the stable coin that you bought disappears or is hacked and the value of that coin crashes all the way to zero.

very risky if you save on stable coins for a long time, stable coins are backed up with their own funds and not from the government,
maybe it's better to be in Fiat and buy a future home

The only reason to use your fiat currency to buy a stable coin is if you live in a country where there is a huge level of inflation each year, in such case if you do not have access to the dollar you could use stable coins as a way to protect yourself from the inflation but even then you are facing more risks than the ones that you will if you were simply holding dollars or if you took your chances and decided to hold bitcoin instead of stable coins.

[PrissMCclen]

Well if you are saving for such project then I will advise you to stay away from crypto currency if you really want to succeed, because as the value of crypto currency flautuate so as your project may fluctuate too

[Ayiranorea]

Know the risks before making an investment. The risk doesn't mean that you're making an investment on a market that is completely fluctuating with time. Another thing is the reason, you're risking the amount that is a must for your living. If you're new to the market know about the hacks and other scams that give an outlook of helping and steal your funds. With crypto market you can't get expected return within the time limit you have, it grows of its own. If you're lucky you'll get profited in six months, else you need to hold longer.

If you're funds doesn't want to get disturbed as well as if you aren't ready to take risk then stablecoins were the right choice for you.

[ampu]

It's better to send a bank than you can to invest it in the cryptocurrency market.  Although the profits from the cryptocurrency market are high, the risks from this market are very high.  If investing in the cryptocurrency market, you should only own Bitcoin at each discount.  Only trading BTC-USDT, other currency pairs are too risky.
Not participating in derivative transactions and futures contracts.

[Exidous]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Since you are saving for a house, to be on the safe side, leave the money in USDT or any other stable coin if you don't plan to make profit by saving in crypto. If you wish to make profit, put some in BTC before the halving next year. Please note that this is just my opinion, as the market is unpredictable.

Agree. Hold USDT or Fiat will help you ensure your profits when participating in this market. I think saving money to buy a house is really a difficult task because you have to earn regular profits in investment and always be patient. In fact, there are many people who have been living better lives since join crypto but this will not last long because of volatility that will make our minds panic.

[DonFacundo]

There is no guarantee that you can make profit if you invest in crypto in just 6 months, you could lose anyway if the market will dump again. How about 20% of your money invest in crypto, I guess you can afford to lose with this amount. Think again if you ready to take risk.

[fauzan Ichsan]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Since you are saving for a house, to be on the safe side, leave the money in USDT or any other stable coin if you don't plan to make profit by saving in crypto. If you wish to make profit, put some in BTC before the halving next year. Please note that this is just my opinion, as the market is unpredictable.

Agree. Hold USDT or Fiat will help you ensure your profits when participating in this market. I think saving money to buy a house is really a difficult task because you have to earn regular profits in investment and always be patient. In fact, there are many people who have been living better lives since join crypto but this will not last long because of volatility that will make our minds panic.

I think all of this is how we manage our finances. when prices are bullish, we must be smart to diversify profits. buying a house is easy if the market is supportive like 2017, but for the time being I think it's hard, if we don't have good trading skills. by having those skills, I think we can still make money, even though the market is bearish

[shaheer001]

If this is your spare money and you can bear the loss then invest it two or three big projects like Ethereum, Bitcoin, BNB, XRP and watch the list in Coinmarketcap, otherwise don't take the risk if you have no spare money.

[Bitbtc8]

You must have other way to survive, its one reason why i am so down now, i never planned myself well, i thought i would be able to live on from airdrops and bounties but i was wrong, go for good altcoins but invest only what you can afford to lose

[gabmen]

If this is your spare money and you can bear the loss then invest it two or three big projects like Ethereum, Bitcoin, BNB, XRP and watch the list in Coinmarketcap, otherwise don't take the risk if you have no spare money.

For a specific goal like that, I wouldn't risk it in crypto. Yes there's a chance that it will grow in value over time. There's also a big chance that your savings for the house would take a drop that may take a long time to recover. Even if you place it in stable coins, or big and established coins like Bitcoin or Ethereum, the risk is still too big. I'd take my chances on my bank for such ventures as did a lot of people who were able to save up for real estate assets.

[Edraket31]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Since you are saving for a house, to be on the safe side, leave the money in USDT or any other stable coin if you don't plan to make profit by saving in crypto. If you wish to make profit, put some in BTC before the halving next year. Please note that this is just my opinion, as the market is unpredictable.

Agree. Hold USDT or Fiat will help you ensure your profits when participating in this market. I think saving money to buy a house is really a difficult task because you have to earn regular profits in investment and always be patient. In fact, there are many people who have been living better lives since join crypto but this will not last long because of volatility that will make our minds panic.

I think all of this is how we manage our finances. when prices are bullish, we must be smart to diversify profits. buying a house is easy if the market is supportive like 2017, but for the time being I think it's hard, if we don't have good trading skills. by having those skills, I think we can still make money, even though the market is bearish

Everyone of us are aiming to save for us to be able to buy a house, if that can make happen to my life then I would be happy enough, that's main goal next year to have a new house not for me but for my kids, and to have debt free, that's why I am also taking risk from doing crypto as I know that this will eventually change our life and that I can be able to help other people too. So just take risk which we can afford to lose and do our part to check out if they deserve and worth to invest at.

[aakay]

I think you also need to consider other options like the market risks which is not really that stable. Cause i think it will affect your investment though

[Stanlo]

If you only care about keeping your 40k then buy stable digital currencies but if you want to make profit out of the 40k then split it into two, use half on bitcoin and use the remaining half of stable coins

[Xxmodded]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Since you are saving for a house, to be on the safe side, leave the money in USDT or any other stable coin if you don't plan to make profit by saving in crypto. If you wish to make profit, put some in BTC before the halving next year. Please note that this is just my opinion, as the market is unpredictable.

Agree. Hold USDT or Fiat will help you ensure your profits when participating in this market. I think saving money to buy a house is really a difficult task because you have to earn regular profits in investment and always be patient. In fact, there are many people who have been living better lives since join crypto but this will not last long because of volatility that will make our minds panic.

I think all of this is how we manage our finances. when prices are bullish, we must be smart to diversify profits. buying a house is easy if the market is supportive like 2017, but for the time being I think it's hard, if we don't have good trading skills. by having those skills, I think we can still make money, even though the market is bearish

Everyone of us are aiming to save for us to be able to buy a house, if that can make happen to my life then I would be happy enough, that's main goal next year to have a new house not for me but for my kids, and to have debt free, that's why I am also taking risk from doing crypto as I know that this will eventually change our life and that I can be able to help other people too. So just take risk which we can afford to lose and do our part to check out if they deserve and worth to invest at.

When saving for house and buy bitcoin you can get bigger your house later after get profit with bitcoin and altcoin investing when price up, but after saving your house and invest with bitcoin but price down you can lost your dreaming and excatly lost your house, before investing with bitcoin and altcoin think which one best time for investing and selling bitcoin to get much profit.

[SabrinaBianka]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Check this kind of explanation. If you are holding a coin for only six month what if the price of the coin you are holding are down before you sell? So you are lose, But if you only wanted was keeping only on cryptocurrency not to get a profit its better to hold stable coin. that is very simple strategy and we cannot predict the future of our coin. If we estimate that the price was grow up but what if its not?

[novaprime]

There is no guarantee that you can make profit if you invest in crypto in just 6 months, you could lose anyway if the market will dump again. How about 20% of your money invest in crypto, I guess you can afford to lose with this amount. Think again if you ready to take risk.

Depend on the thinking of each person because this market still has a lot of good opportunities for investors and if you have made a large profit, you should save 2% of the profits earned. I always have to save money when I enter this market to cover the worst case scenario and if I am lucky enough to be able to buy a house from the savings, that was the happiest thing in my life.

[bonyaserg]

Yes, it is absolutely true to save and invest your accumulated funds in real estate. This is a very great investment. This is if you need a home. But if you have a place to stay, you need to invest in better deals. These are like cryptocurrency. Cryptocurrency can generate income in a very short time, and if you invest in real estate, the income will not be right away, but after a very long time it will not be as big as in cryptocurrency.

[Davian144]

I think you also need to consider other options like the market risks which is not really that stable. Cause i think it will affect your investment though

True, all jobs do have risks, so there must be clear consideration, especially if someone invests in the crypto market, the risk is automatically very large, because when you experience losses will return to zero.

[TheICE007]

Nice thought,but my candid advise would be not to invest all in crypto, if you could invest some in offline business then that would be great, also considering the present situation of the bearish market, do some research and invest in some top coins in CMC that is down now, could be a fruitful investment.

[infarterr]

If you only care about keeping your 40k then buy stable digital currencies but if you want to make profit out of the 40k then split it into two, use half on bitcoin and use the remaining half of stable coins

What you are describing is an option for those who have more capital and often invest, but here the question is how to save for the house? meaning that there are two functions that can occur, the first savings are fixed and will not increase, and the second is deposits that are not fixed and can increase when the value of the asset price rises, these two things are certainly equally good, only the first choice there is no equal risk once, while the second option is very risky to lose.

[Kevondo]

If you only care about keeping your 40k then buy stable digital currencies but if you want to make profit out of the 40k then split it into two, use half on bitcoin and use the remaining half of stable coins

What you are describing is an option for those who have more capital and often invest, but here the question is how to save for the house? meaning that there are two functions that can occur, the first savings are fixed and will not increase, and the second is deposits that are not fixed and can increase when the value of the asset price rises, these two things are certainly equally good, only the first choice there is no equal risk once, while the second option is very risky to lose.

Investing is better than saving. With investment, the price keeps on increasing with time but this is not true for savings. I would suggest spending some money in bitcoin because this asset has already return millions to the holders. It wont be different with him too. The most beautiful feature is that the price increases within no time. Not only this, the major fear, risk, is also not involved in this strategy.

[Kersh768]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

It's a huge amount and we are talking about a house here so I want to make it as safe as possible, putting it in Crypto could be a good idea because of the potential of the market in the coming 7 months, but I prefer to invest only half of it, because the market is always volatile, the top coins are always the best options like Bitcoin, Ethereum, Ripple, Bicoincash, just do not put all your eggs in one basket.

I agree. Investing it into crypto will be a great choice and a good idea at the same time but since we are talking about a really big amount of money to be use to purchase a house, it will be safer to just put in just half of your money in hand into crypto and another half into bank so that you can have a two way investment into two different ways. It is indeed that investing into crypto is really that promising to foresee buying a house using the money you can earn from investing into a crypto coin. The challenging part is that you must be able to sort out the best crypto to be chosen based on your preference that will suit into you. Better take into consideration for the mean time the top cryptos in the marker if you still cannot sort out what is the best crypto for you. It will just take sometime because every coin do have their own volatility rate but pretty sure everything is worth it and beneficial making you to be able to buy a house worth 40k.

[crisanto01]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

It's a huge amount and we are talking about a house here so I want to make it as safe as possible, putting it in Crypto could be a good idea because of the potential of the market in the coming 7 months, but I prefer to invest only half of it, because the market is always volatile, the top coins are always the best options like Bitcoin, Ethereum, Ripple, Bicoincash, just do not put all your eggs in one basket.

I agree. Investing it into crypto will be a great choice and a good idea at the same time but since we are talking about a really big amount of money to be use to purchase a house, it will be safer to just put in just half of your money in hand into crypto and another half into bank so that you can have a two way investment into two different ways. It is indeed that investing into crypto is really that promising to foresee buying a house using the money you can earn from investing into a crypto coin. The challenging part is that you must be able to sort out the best crypto to be chosen based on your preference that will suit into you. Better take into consideration for the mean time the top cryptos in the marker if you still cannot sort out what is the best crypto for you. It will just take sometime because every coin do have their own volatility rate but pretty sure everything is worth it and beneficial making you to be able to buy a house worth 40k.

If I will be in his situation, I would also invest only 20% and save the 80%, I won't take risk it all, I would rather work for it and hold some of my income for long term rather than investing the money I have that I am aiming to build my house. Anyway, it depends how much he knows trading, if he's an expert and this is his desire then I won't judge and will support him.

[nekonyun]

I think it's good to save for a long time because coin stable will easily go up if the price of bitcoin is stable and maybe for the next 6 months it has entered the alt party period I recommend the top 5 altcoin top if you want to invest

[bigcash2011]

If you plan to hold the money for minimum 1 to 2 years only then you should keep these funds in crypto like btc or eth because there is high probability that these cryptocurrencies will grow nicely in value yielding nice profits to you while if you want to hold only for few months or you do not want to see any volatility in your amount then you should hold any stablecoin only i recommend usdc.

[the rise]

If you plan to hold the money for minimum 1 to 2 years only then you should keep these funds in crypto like btc or eth because there is high probability that these cryptocurrencies will grow nicely in value yielding nice profits to you while if you want to hold only for few months or you do not want to see any volatility in your amount then you should hold any stablecoin only i recommend usdc.

stable coins or fiat savings at the bank makes no difference. if only the concentration was under 5 years, the inflation rate and so on would actually be more profitable in the bank because interest would accumulate effectively. Savings in btc or eth are also too risky, especially if the trend is the same as this year, then the value will be much reduced and will damage the original plan.

[retnoanjani]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

You are serious? cryptocurrency is more risky, I think, especially if you use the money that you will use for important purposes. Remember the never invest money strategy that you can't afford to lose. If you have analyzed can get 50% profit then your chances of experiencing losses are also comparable, my question: what if you lose and the money is reduced by half?
But if you have prepared mentally to face this risk then never mind. If I choose another path, or use a small portion of the money, not all of it.

[lepbagong]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

To be understood for those who want to invest funds for important needs into crypto must be clear-minded and not wrong in analyzing. wherever the name of the investment is a risky job, it is not recommended to fund important needs to be used. if you really want to keep investing you don't need to hesitate to be placed in bitcoin because it can be guaranteed to last. it does not need to panic or be rushed in analyzing, when it's time to sell or buy again later.

[yanto@1977]

I can't say you're gambler, in six month that very funny I ever read. Best advice for you is meet some financial expert to get wise opinion and I believe you'll get something right for your money. You start with wrong step, crypto is not become the main but alternative. There's risk you should handle and maybe get bankrupt. Think twice before too late, saving a house for crypto is really nightmare.

[setialovers]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Saving money in the form of crypto which is supposed to be for a down payment on a house is very dangerous. Even though there is an opportunity for profit, the risk is huge because we could lose and not buy a house with that money. It's better to use idle money to invest in the cryptocurrency market so that we are more calm and enjoy it

[Ducky1]

There is a lot of volatility in the cryptocurrency market, the price can go up and in six months you will increase your investments, but you should also not forget that the price can drop sharply. If you are willing to take a chance, then you need to seriously approach the issue of choosing an investment object, think about which coin to invest.

[ned.ryerson]

There is a lot of volatility in the cryptocurrency market, the price can go up and in six months you will increase your investments, but you should also not forget that the price can drop sharply. If you are willing to take a chance, then you need to seriously approach the issue of choosing an investment object, think about which coin to invest.

Well, such levels that we see now probably will not become even lower many times. the maximum that  can happen with coins - they can fall 2 times from these levels, but I’m sure that the chances of their growth are much higher than the chances of falling

[Meowth05]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Stable coins could be a good option but I would still go for volatile coins but will be limited only on top-ranked coins such as Bitcoin to lessen the risk. I chose volatile coins because in just a matter of time there's a chance for a certain coin to pump by that, I can get a profit by just storing it. However, there's a risk of shrinking its value as well, perhaps this is a matter of risk I'd say. Anyway, storing it on crypto might be a good idea.

[White Christmas]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Investing it into crypto is a good choice but investing all of the 40k that are you talking about is kind of riksy because we all know that cryptocurrency is very volatile in which we cannot predict what would be the market for the next few hours or days, so if the money that you are saving is for your dream house then just keep it or invest a little for cryptocurrency so that you may earn as well, but don't invest all of your money because there is a chance that the crypto may down and the money that you are saving for your dream house may loss. I suggest to invest only a little so that it would not be so hard if you lose.

[Congyang]

maybe if you take it in the future I think maybe you should choose crypto coins like bitcoin, because the price increase will definitely be seen. but if you want to choose a stable coin maybe you can choose USDT with the consequence of not getting a profit

[cutesgirl]

maybe if you take it in the future I think maybe you should choose crypto coins like bitcoin, because the price increase will definitely be seen. but if you want to choose a stable coin maybe you can choose USDT with the consequence of not getting a profit

Why do you suggest to choose the USDT, there is no profit to hold the fiat or the stable coin. Instead of investing in the small altcoins, I advise going for the old and prevent altcoin projects due to the low risks. BTC investors should feel safe in all pumps, but the risk/reward is not great considering the higher uptrend for years.

Most profitable choose bitcoin or altcoin than keep holding with USDT, I know you want take less risk by choosing USDT but need higher profit by investing with bitcoin and altcoin when price is up but when crypto price down lost our assets and house. USDT only recommendation for some one want get profit and less risk by investing.

[Twentyonepaylots]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Saving money in the form of crypto which is supposed to be for a down payment on a house is very dangerous. Even though there is an opportunity for profit, the risk is huge because we could lose and not buy a house with that money. It's better to use idle money to invest in the cryptocurrency market so that we are more calm and enjoy it

I see nothing wrong putting your money with stable coins because the volatility of it is very low or considered none at all. You can keep it on bank or any asset you want to But if you do put it on cryptocurrency, especially stable coins, don't expect to make profit from it. Or if you are really a risk taker and willing to gamble your money in crypto space might as well invest it on bitcoin since it has the most potential to make most of profit out of just holding, half a year is long so maybe you could gain from it however taking consideration with this action is also accepting your potential loss.

[desticy]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

If you want your $40,000 savings to grow, do not store it in a STABLEcoin. It does not grow in value. You may do so in other coins. I highly recommend that you do it with the top 10 coins, Bitcoin preferably. If altcoins, Ethereum, XRP, or Litecoin will do.

Here is a big warning. If your plan is to save them in crypto for 6 months, there is no guarantee that it will grow. There is even a risk that it will not, and worse fall in value. If that happens, you will be forced to extend that 6 months until you have made gains.

A man wants to keep his savings, not lose. Such advice is all exactly what to go on the edge of a knife. You can not invest money that you are not ready to lose, especially when it's all your savings.
Keep yourself in control, and if you do not want to be in a very difficult situation, it is better to put money in a bank or transfer it to stable coins.

[hirngespenst]

This is a very unique idea, I never thought like this ever! Yes, you can keep your money in USDT or USDC! But why are you not trying on Bitcoin? As you know Bitcoin halving is coming in May and after that, there was a huge chance for Bitcoin to grow! Even your money can be double! Personally, I would recommend you, save your money in Bitcoin and hold it.

[bohr]

You must have other way to survive, its one reason why i am so down now, i never planned myself well, i thought i would be able to live on from airdrops and bounties but i was wrong, go for good altcoins but invest only what you can afford to lose

I cannot blame people that were doing bounties during 2016 and 2017 that thought that they could become bounty hunters for life and make money in that way forever, but markets change, markets evolve and you have to evolve with them or you are going to be left behind, and it is very unlikely that we are going back to those days in which you could make so much money with so little effort so I recommend to you that you find another activity that earns you as much money as bounties did in those days.

[Quidat]

You must have other way to survive, its one reason why i am so down now, i never planned myself well, i thought i would be able to live on from airdrops and bounties but i was wrong, go for good altcoins but invest only what you can afford to lose

I cannot blame people that were doing bounties during 2016 and 2017 that thought that they could become bounty hunters for life and make money in that way forever, but markets change, markets evolve and you have to evolve with them or you are going to be left behind, and it is very unlikely that we are going back to those days in which you could make so much money with so little effort so I recommend to you that you find another activity that earns you as much money as bounties did in those days.

I have that kind of mindset wayback where i do able to make some good money with bounties where i do believe that i would be rich in no time
but same as you said where market isnt the same all the time.It can shift up and down which would cause opposite situations and that time i do
realize that it isnt possible to rely on it alone.Going back on OP's question about saving up your money on crypto? Its a bad idea, even if you do hate
banks then its much more better if you do just put it there specially if you cant afford to lose those amounts.

[nydiacaskey01]

What I am planning now is invest in a pre-selling condominium unit that is located near a commercial area and what I plan to pay for the monthly premium is the coins that I earn from signature campaigns. Its a long-term plan because for the downpayment alone for the condominium unit that I plan to buy is payable in 24 months and its around $180 per month. Maybe after 2 years the price of this condominium unit already increased and sell it even when the unit is not yet turned over to me.

[andika2018]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Stable coins are priced at US Dollars and I think there is no point in investing in stable coins, it's better to keep them in the bank. I think it's too risky to use a down payment on a house to invest in crypto because crypto is high risk. No one can guarantee the price of crypto will rise after 6 months because it could be that the crypto we invest in prices will fall dramatically. It's better to use idle money to invest so that we are more calm and relaxed because crypto price movements are very high

[inanilujimi]

If you just want to save, you don't have to bother taking the risk to invest in a stable coin because it's not really safe for your money, because your address can be hacked. Better in the bank where you live or buy gold.
Crypto space is not as easy as you think, anything can happen without you knowing.

[StephenieDuong]

Putting your saving into crypto might be the bad option now. I believe crypto will grow, but no one can tell you to buy which coins for your safe. This is crypto market and you money can turn to 1 mil dollar or just 1 dollar. I know that you have no knowledge about crypto and you can not even choose the safe coin, do not trust anyone on their suggestion, you might loss all.

[desticy]

In general, stable coins may well be suitable for maintaining the value of your assets. It all depends on what you trust more stability of the banking system or the stability of cryptocurrencies.
Stable coins can be a bad decision if the project responsible for these coins is compromised in one way or another.
Therefore, think carefully about how long you really need a fix, because sometimes a bank is also a good solution.

[arimamib]

Putting your saving into crypto might be the bad option now. I believe crypto will grow, but no one can tell you to buy which coins for your safe. This is crypto market and you money can turn to 1 mil dollar or just 1 dollar. I know that you have no knowledge about crypto and you can not even choose the safe coin, do not trust anyone on their suggestion, you might loss all.

I never suggest investing in the risky crypto market, especially for inexperienced investors. The involved risks are not suitable for everyone's risk tolerance, some investors prefer to take the low-risk trade deals but the reward becomes ridiculously low for the safest coins.

sometimes in investing like that, if the risk is large then sometimes the benefits can be large as well and vice versa, but all investments are based on the ability of investors. maybe those who choose to invest with little risk because of their ability and in our investment are also free to choose where to invest

[luppecuppe]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

The thought is good. But kn the other hand, I will advive that you run a 1 year plan instead of 6 months since you cant predict market conditions for now. And when the money increases at anytime over the space of the 1 year, tmyou can cash out. Its safer that way than the 6 month

I think it would be more realistic to make a one-year plan. Making a one-year plan for Bitcoin or Ethereum now makes sense. Prices may go lower. Separate some capital for purchase from low prices. When the ascents arrive, sell at your targeted prices. However, do not invest all your assets in this market only.

[pikkie]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

The thought is good. But kn the other hand, I will advive that you run a 1 year plan instead of 6 months since you cant predict market conditions for now. And when the money increases at anytime over the space of the 1 year, tmyou can cash out. Its safer that way than the 6 month

I think it would be more realistic to make a one-year plan. Making a one-year plan for Bitcoin or Ethereum now makes sense. Prices may go lower. Separate some capital for purchase from low prices. When the ascents arrive, sell at your targeted prices. However, do not invest all your assets in this market only.

investment should not all capital money be owned for only one place, it should be divided for various kinds of investments so that your assets will be more numerous and will be fast to be able to get a lot of profit, but a very tough test is to regulate your patience to not be easily influenced by bad news or whatever it is that can make you sell your assets at cheap prices.

[Adriano2010]

As other people say not save all your money on same exchange, app, wallet or what ever is, but if you will build a new house make a calculation and after done put extra 50% of total sum to be sure you have enough to finish it.

[red4slash]

As other people say not save all your money on same exchange, app, wallet or what ever is, but if you will build a new house make a calculation and after done put extra 50% of total sum to be sure you have enough to finish it.

It is important to calculate planning so that it can be structured, if we build a house, we must prepare everything, especially on funds. if the decision is unanimous, then we must do a calculation like this, at least to guard the expenditure of funds to be more organized

[Ekyfitri]

As other people say not save all your money on same exchange, app, wallet or what ever is, but if you will build a new house make a calculation and after done put extra 50% of total sum to be sure you have enough to finish it.

It is important to calculate planning so that it can be structured, if we build a house, we must prepare everything, especially on funds. if the decision is unanimous, then we must do a calculation like this, at least to guard the expenditure of funds to be more organized

but sometimes unexpected expenses occur. and of course, it was all outside the plan. that is what can hinder a plan being prepared with care. no plan will be 100% achieved according to what we want. but we can try to prepare the best.

[sayaya17]

Crypto is very risky with a very volatile price. So in my opinion there is no stable crypto, everything goes up and down quickly. Even if there is, it usually doesn't take long, then the coin will flare up again by itself. So be careful about investing in crypto. Look for coins that can truly give you a profit in a period of 6 months as you expect.

[cassavachips]

This is a risky choice, but why put it on a stable project? better put in bitcoin which is likely you will get profit and can be the opposite. If you want to use the money in the future, you better save it on gold or other investments that have a low risk

[Kambal2000]

This is a risky choice, but why put it on a stable project? better put in bitcoin which is likely you will get profit and can be the opposite. If you want to use the money in the future, you better save it on gold or other investments that have a low risk

I won't risk my house too, but I what I will do is to save money for my house, I will do anything for me to become rich, and to have a new house, so I will take risk in crypto, but I won't sell any properties, I will just use my earnings from campaigns, to trade it for me to maximize and cash out some of my earnings to save it.

[ije07]

The bank is actually the safest place to store your money there, but do you want to save it in crypto form? You need to know that crypto investment is very risky, besides it also does not guarantee that your money is safe, profit or loss. But if you intend to save in crypto form then the choice is stable coins, like USDT, USDC etc.

[Aikidoka]

This is a risky choice, but why put it on a stable project? better put in bitcoin which is likely you will get profit and can be the opposite. If you want to use the money in the future, you better save it on gold or other investments that have a low risk

True, it's risky unless you don't know if the price of tokens or of crypto will increase or not in the future. It's true that it will be better if we invest in a good and stable project which will give us a profit with 100%. Bitcoin is likely one of the best things that we can invest on it otherwise there's real estate which it's an amazing field to invest in it.

[Xcode7]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

The thought is good. But kn the other hand, I will advive that you run a 1 year plan instead of 6 months since you cant predict market conditions for now. And when the money increases at anytime over the space of the 1 year, tmyou can cash out. Its safer that way than the 6 month

I think it would be more realistic to make a one-year plan. Making a one-year plan for Bitcoin or Ethereum now makes sense. Prices may go lower. Separate some capital for purchase from low prices. When the ascents arrive, sell at your targeted prices. However, do not invest all your assets in this market only.

I also did the same thing, where I had to make two decisions for a period of at least one year in the future, I still believe in bitcoin and ETH to be the top two choices for one year. And several other stable coins to strengthen my two main coins. And so far it has always been going well and in my opinion regardless of the ups and downs of existing market prices

[Jiyens3]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

if you want to save your money in stable coin, my recommendation is dogecoin. dogecoin has stable coin, and good for saving in the future because when bitcoin increase high price dogecoin follow to rise. so i think safety to put your money in dogecoins

or another choice but this is high risk or profitable. you can buy bitcoin with your money and save on it. the next bitcoin will halving so also increase high price

[Faxmate]

This is a risky choice, but why put it on a stable project? better put in bitcoin which is likely you will get profit and can be the opposite. If you want to use the money in the future, you better save it on gold or other investments that have a low risk

No not at all I will never keep my money as good because for me Gold does not have ability bigger than bitcoin so invest your money in bitcoin and you will see how it makes money for you. Buying a house can be a dream for all people and people makes effort for it but according to me the best way is to invest in bitcoin.

[henrybek3]

This is a very risky choice to invest in more guaranteed sectors. But this risky choice can make you very rich. This risky choice can make you poor. I think divide your portfolio in half. Invest in different sectors.

[daglordjames]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

40k is a really big pile of money, but if you want to invest I think you should invest in bitcoin, ethereum, ripple and etc. don't invest your money in one coin.

[huu78]

USDT I think also the coin is best to hold because it is indeed one of the finest and crowded stablecoin in the talk by many people or you could just try to buy like Dai etc. But if a lot about 40k would be hard to buy and sell it for just if buy/sell order a little.

[Fatunad]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I was also facing the same situation last year. I also thought banks are slowly taking your money if you dont put a deposit regularly. Better option is invest it on the stable coin but of course you need to monitor it every now and then for the security of your invested savings. I have not much of trust from the banks now because of this issue unless you are depositing regularly like businessmen do.

[julius caesar]

You money would be at risk if you are just going to invest it in cryptocurrency without a proper knowledge about it. It is not always a 100% successful. Your money might go down or go up at the same time. Before investing, you must have at least a proper knowledge about it so that your money will not going to be 0 after several years.

[Boov]

You money would be at risk if you are just going to invest it in cryptocurrency without a proper knowledge about it. It is not always a 100% successful. Your money might go down or go up at the same time. Before investing, you must have at least a proper knowledge about it so that your money will not going to be 0 after several years.

Yes that's right. So I must suggest that if you are a trader and you want to save money for example for your dream house, business or what, it's better to save money not through the use of online banking or crypto currency because I think it is much safe to save money in the real bank because your money is far from the hackers.

[ganeshramk]

6 months for me is too short in the crypto world at this point in time. Why dont you keep 1-2 years plan atleast to get some benefits? Is crypto the right choice for that? That would be my first question.

[mobilestrike]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Storing them in crypto is a very good idea because the profit in crypto saving is very high in a sort time period especially in the current timing when the halving period is ahead. It is sure that in the coming halving the price of BTC will be very high that it can reach to a double price or more of the current value of bitcoin.

[nxnqauff]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Storing them in crypto is a very good idea because the profit in crypto saving is very high in a sort time period especially in the current timing when the halving period is ahead. It is sure that in the coming halving the price of BTC will be very high that it can reach to a double price or more of the current value of bitcoin.

Is this true? I heard it differently this time. I came across some articles in coindesk mentioning about different time ahead for Bitcoin halving and chart does not show the earlier halving times. However I would be very happy if BTC flies as mentioned by you.

[mobilestrike]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Storing them in crypto is a very good idea because the profit in crypto saving is very high in a sort time period especially in the current timing when the halving period is ahead. It is sure that in the coming halving the price of BTC will be very high that it can reach to a double price or more of the current value of bitcoin.

Is this true? I heard it differently this time. I came across some articles in coindesk mentioning about different time ahead for Bitcoin halving and chart does not show the earlier halving times. However I would be very happy if BTC flies as mentioned by you.

There are only some sites which have doubt that the price of bitcoin will not rise like before, their chart also do not mention that but we have to observe the reality of halving which force the price of bitcoin to rise like a rocket. There were also some articles in the previous halving time who had doubts about the price rise but because of the mechanism of halving the price increased much higher.

[nutriagrigia]

You money would be at risk if you are just going to invest it in cryptocurrency without a proper knowledge about it. It is not always a 100% successful. Your money might go down or go up at the same time. Before investing, you must have at least a proper knowledge about it so that your money will not going to be 0 after several years.

Yes that's right. So I must suggest that if you are a trader and you want to save money for example for your dream house, business or what, it's better to save money not through the use of online banking or crypto currency because I think it is much safe to save money in the real bank because your money is far from the hackers.

There are statistics that hacker attacks on real banks are carried out much more often than in the cryptocurrency market, just these statistics are not shown to ordinary people. banks give you a guarantee of security only if you have a small amount of money. if a large amount of money is stolen from your account, then the banks will not return anything to you

[iv4n]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Storing them in crypto is a very good idea because the profit in crypto saving is very high in a sort time period especially in the current timing when the halving period is ahead. It is sure that in the coming halving the price of BTC will be very high that it can reach to a double price or more of the current value of bitcoin.

Is this true? I heard it differently this time. I came across some articles in coindesk mentioning about different time ahead for Bitcoin halving and chart does not show the earlier halving times. However I would be very happy if BTC flies as mentioned by you.

There are only some sites which have doubt that the price of bitcoin will not rise like before, their chart also do not mention that but we have to observe the reality of halving which force the price of bitcoin to rise like a rocket. There were also some articles in the previous halving time who had doubts about the price rise but because of the mechanism of halving the price increased much higher.

I think both of you misunderstood what op wanted to say, he wishes to save in stable coin, stable coin is tied up with dollar or euro, it's the same do you have dollars or usdt, value is the same. Investing in stable coin is not an investment in the first place, don't fool yourself around with that.
Investing in crypto is something else, personally I believe that investing in crypto is like investing in the future. Decentralized coins, like bitcoin is, will be much more popular in the future, and I believe that price of some coins will rise a lot in upcoming years.

[ice098]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think if you are saving for your house down it is better for you to save it on the bank for fast and easy transaction. You may use fiat as the kind of monet you will use to buy house, you may also trade if you want , day trading is good also, since market is unstable we cant make a long term trade if you want for a house, but I guess bitcoin is good for trading.

[miklesm]

If you want to earn interest on your USD equivalent in stablecoins, the best option is to check CoinMarketCap | Interest section. There are many different investment options - for example, you can earn 6% per year on Crypto.com in USDT.

[fireball4]

There's a lot of risk investing your money on cryptocurrency and you need to know how to trad first before you put your money savings and you might lose it and it's going to be difficult to recover. And it will also depend on what coin you're going to buy, but if you really want to spend your money then just choose Bitcoin because I think it's very stable and the value of last 2017 really sky-rocketing and it might pump up by next yeara

[Bonwin]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

I think this should be enough to complete a simple, classic house. You may not necessarily save everything in the bank and neither should you do that with any stable coin. Also, you should think of the one that will be more comfortable for you to do. My personally decision would be that Stablecoin is much better i n all wise.

[ohyeahhaha122]

I think it is not appropriate to buy stable coins, if you choose so, it is better to send a bank and receive annual profits because the cryptocurrency market is now quite risky, so if you want to use the money to buy cryptocurrency, you should keep the top coins, I can suggest you 3 potential coins: bitcoin, eth and bnb, the choice is yours

[sjbi]

I think stable coin is the best option to store your money as fame of cryptocurrency is getting an attention. But if you want to trade in the cryptocurrency with the money you have, you can do it with bitcoin. Bitcoin is the best investment opportunity other than altcoins. So you can restore your money in any good stable coin.

[Ashong Salonga]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

That is a great plan on saving up money for the sake of buying or building your own house. But the amount you have said which is $40,000 is too much and really a large amount of money to be invested in cryptocurrency. It is very risky move and decision to make because maybe you will make a wrong decision of investing it into wrong or let us just say unworthy cryptos that has no future or potential of growing in terms of price. If you will do such, you might just regret because maybe instead of growing your money, it will go another way around. If you were planning to invest into crypto, do not go all out, just invest the amount you can afford to loose and assure that you are investing into potential coins so that the long wait will be worthy. If you do not entrust banks for your money, better keep it in your own possession and just ensure its safety not to be stolen by other people. Upon investment, just invest small amounts at first and do not go all out in just one time.

[Chainsmokers]

There's a lot of risk investing your money on cryptocurrency and you need to know how to trad first before you put your money savings and you might lose it and it's going to be difficult to recover. And it will also depend on what coin you're going to buy, but if you really want to spend your money then just choose Bitcoin because I think it's very stable and the value of last 2017 really sky-rocketing and it might pump up by next yeara

I don't think there is a risk in cryptocurrency. And for me personally, investing in bitcoin is the right decision because we know that bitcoin is a good coin and has a great opportunity to be able to benefit. But if the OP only wants to invest into cryptocurrency in stable coins, I don't think it's a wrong decision but remember that investing or putting your money here is very risky and for me personally I would prefer to keep my money in a bank and use some of that money to generate profits in cryptocurrency.

[bitzizzix]

Actually your decision is good but you have to think about the risks you will face, but if you choose the right stable coin everything will be fine and depends on the market situation.
but if you target within 6 months there is no guarantee it will be profitable, you should target at least 1 year and choose a bitcon which in my opinion for a year there will definitely be a good price for bitcoin.

[Sab11]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

woah, that is huge amount of money better to secure your money house is in the line, if i were you i will just invest it in bank, research carefully before making a decision, storing it in crypto is risky.

[ice18]

Because you are in a bitcoin forum, I will advise not to put into stable coin of course search for a crypto that you think the value of your money will grow in 6 months its not bear market anymore so we are in uptrend position at this time and most advises I can see is buy bitcoin its too risky since the money is reserve for something really important but the chance of getting a nice profit is big Im also more confident saving my money into crypto now instead on a bank.

[k@suy]

Because you are in a bitcoin forum, I will advise not to put into stable coin of course search for a crypto that you think the value of your money will grow in 6 months its not bear market anymore so we are in uptrend position at this time and most advises I can see is buy bitcoin its too risky since the money is reserve for something really important but the chance of getting a nice profit is big Im also more confident saving my money into crypto now instead on a bank.

Have you ever tried to use any altcoins because if I were to ask I am only using bitcoin because I think it is the best bitcoins at all times. I dont have the chance to try any other altcoins because I think the other coins are trashcoins. But soon I'm gonna try those coins for experience only. In my account I am saving a lot of bitcoins and I am just convert some of these whenever zi need.

[GREENch]

Storing them in crypto is a very good idea because the profit in crypto saving is very high in a sort time period especially in the current timing when the halving period is ahead. It is sure that in the coming halving the price of BTC will be very high that it can reach to a double price or more of the current value of bitcoin.

It is easy to advise when you do not risk anything)) And what you have given as (so-called) arguments is very unconvincing. If TS asks such a question, it is 95% likely that it is poorly oriented in cryptocurrencies. Therefore, for him, familiarity with crypto can be very sad.

[Sanugarid]

There's a lot of risk investing your money on cryptocurrency and you need to know how to trad first before you put your money savings and you might lose it and it's going to be difficult to recover. And it will also depend on what coin you're going to buy, but if you really want to spend your money then just choose Bitcoin because I think it's very stable and the value of last 2017 really sky-rocketing and it might pump up by next yeara

I don't think there is a risk in cryptocurrency. And for me personally, investing in bitcoin is the right decision because we know that bitcoin is a good coin and has a great opportunity to be able to benefit. But if the OP only wants to invest into cryptocurrency in stable coins, I don't think it's a wrong decision but remember that investing or putting your money here is very risky and for me personally I would prefer to keep my money in a bank and use some of that money to generate profits in cryptocurrency.

Investing in cryptocurrency has maybe been a risk. And taking that risk will take you to success because if you take risks with your knowledge about investing and taking care of your money there is no such thing that you can lose your money if you are really knowledgeable in decisions you are making. There are some risks that your money may be lost because you choose some coins that are not profitable. With the information you got in a particular token you don't need to worry about your money if you actually study well.

[Coroline]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Why do you keep money on stable coins? it will not make you profit the same as saving money in the bank to trade full of risk but a big profit will be obtained if you can analyze your profits in this crypto

[kesmex]

save cryptocurrency and if PUMP occurs then sell, if you have the profit save that profit on FIAT and buy a house, you won't regret it later, hopefully it can happen

[plvbob0070]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Stablecoin can't overcome more than 1 dollars. Your 40k USD coin will be 40k after any cryptocurrency situation before bullrun. Before bull market your 40k USD should invest into top coin like Bitcoin. After may Bitcoin halving effect will show pump, how did good last year Litecoin

Speaking of stablecoin, if you going to use your 40k usd as your investment it will still remain at 40k usd after many months. For me, if you going to invest that amount of money and you don't want to lose even single penny maybe try to find a good coins which help you to maintain your capital but can help you to earn income. Yet, it still depend on the situation of the market. We really don't know when will be the bull run started and it's up you if you going to risk that money in Bitcoin and if ever you do it make sure are ready for the consequence because there is only a small chance that after the halving the market will pump.

[bukhara85]

investing in crypto is profitable but you should be aware cause there is a high risk too, My opinion is invest a portion of your money on crypto and keep the rest amount on bank where you want.

[letyouearn]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Too risky imho. Diversify, use crypto: bitcoin, main altcoins, tether and some other stable coins which you like best. But I wouldn't store you whole savings in crypto - 30% maximum, if you are risky enough.

[hamba laeh]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

if I have money then I will invest in Bitcoin. because I strongly believe that bitcoin is the future of money that is needed by many people throughout the country. bitcoin will have fantastic value in the future. and I believe it because I have seen the development of bitcoin from year to year until now. bitcoin is still being hunted and sought after by many people.

[Jannyh]

My thought on this would be no,reason being that no matter how profitable crypto is,it is also very risky ,also 6 months is also a limited time and anything could happen as such it is safer to keep your money in the bank since the time for use is also close. So it's best to  keep it in the bank.

[trauchot]

Here you already have to decide what is best to do and how best to do, because investing in cryptocurrency is a huge risk and at any time you can lose all your money, so here you need to think about all the options many times so as not to make mistakes.

[vvu351]

Here you already have to decide what is best to do and how best to do, because investing in cryptocurrency is a huge risk and at any time you can lose all your money, so here you need to think about all the options many times so as not to make mistakes.

I also lost a lot of money in the cryptocurrency market. It seems to me that we should continue to hope for a better time, market growth will certainly be this year.

[casperBGD]

Here you already have to decide what is best to do and how best to do, because investing in cryptocurrency is a huge risk and at any time you can lose all your money, so here you need to think about all the options many times so as not to make mistakes.

I also lost a lot of money in the cryptocurrency market. It seems to me that we should continue to hope for a better time, market growth will certainly be this year.

it is not for sure, but should be expected for a market to grow before halving, especially because this turmoil that wiped-out almost 50% of market cap, but one has to be cautions, and investing of money that are planned for a house is a big risk, too big from my point of view

[boltz]

Now it would be wiser to SAVE every cash you're having and not spending it on useless things and also don't buy cryptos right now. Personally I think that after this big wave of corona the big wave of economical decline will come so panic will be even higher.

Save for your house but don't make investments.

[r32godzilla]

If you are economy skilled then you know that speding your own money for a living is not the best economy strategy because you loose the potential of money. You spend it for something that will not generate you a profit. You should use your money for investments to generate profit and from this profit you can pay your liabilities liek living. (Short introduction to an economy thinking  )

[Crypto_lion]

If you are saving for a house or something like that for which you need it then don't even think about putting the money in the crypto even on stable coins. Your best best is to put it in a fixed deposit or bank and get the house you have always dreamt of. Don't take the risk on something that's so important.

[lunobird]

It's a much better time to put your money into crypto when btc is at around 5k vs being around 8k like it was last couple of weeks.

However things can get much worst before it gets better.  So I would average in if your time frame is short.  It is a golden opportunity but may take a couple of years before we break out above 20k again. This dump confirms that a major support on the log chart was lost and may take longer to recover back to all time high.

If your getting a house this year forget about crypto and stock market.

If your getting a house in 2-5 years sure then put money into crypto it's the corona virus sale price on everything including stocks.

[retnocintaku]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Your plan is good and can be done a few days ago when the conditions of the Bitcoin price decreased very sharply. The decline reaches 25% and when it is the best time to invest.

Investing in a stable coin becomes an excellent option and I recommend 10 top coins of CMC, it could be a good choice. Better you do daily trades than you plant it for 6 months. I think it's a long time because the current price of Bitcoin is difficult in predictions.

[Bitbtc8]

We are saving for a house down payment of 40K.  I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months.  Is a stable coin the best option?  Thoughts?

Oh boy, I hope you aren't caught up in this present market condition? I hope you've decided to use stable coin instead, if you did it's not a good time to buy Bitcoin with that 40k  pretty sure it will double once Coronavirus issue got solved