Post
Topic
Board Altcoin Discussion
Re: Saving for a House!
by
iv4n
on 31/12/2019, 19:14:44 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?
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.