Post
Topic
Board Trading Discussion
Re: I want to lock $1 million.
by
cosmofly
on 07/07/2019, 04:37:24 UTC
Hello,

I have made $2 million with trading cryptocurrencies and I'm afraid of losing it all so I want to lock half of my money somewhere. Even if I get sick or die, I should NOT be able to withdraw that money. Is there an investment plan like this? Lock for 5 years etc?

Bank cd wouldn't work for me because you can still withdraw that money with penalty.
If you are planning to hold the coin, you should buy a Trezor or Ledger hard wallet. These are the purses that make your property the best security and no hackers can invade.
talking about long-term hold, for 5 years, ETH is definitely one of the best to hold long. When technology is truly thriving, big investors entering the crypto market will pay more attention to ETH. They have a great technology but it is not time for it to explode.
So, 5 more years will be a great time to come back and sell them.