Post
Topic
Board Altcoin Discussion
Re: Saving for a House!
by
elisabetheva
on 16/11/2019, 02:39:47 UTC
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.