Post
Topic
Board Altcoin Discussion
Re: Saving for a House!
by
luppecuppe
on 30/12/2019, 15:09:54 UTC
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.