Topic: Bitcoin and retirement - how do you see your future? - page 15. (Read 2185 times)
Yes, investing in Bitcoin for long term can fulfill your retirement needs. Bitcoin being a promising cryptocurrency is perfectly suitable for this purpose. Especially nowadays, Bitcoin is quite low in its value. So investing in it now can prove very beneficial. That’s a good idea; we should start investing in it now.
Much smarter would be invested this amount in trade, so you can make much more and then later invest in pension fund. In other words, fast profit from trade and then invest in pension funds, when you finish your trade deals. 
but you must have trading and risk management skill before begining your trading.we know that trading in cryptocurrency have big opportunity , but we have consider too that it have big risk too. People have discussed about such planning many times. It has come to my attention that most of us are trying to create the wealth out of the bitcoin and then have it as retirement gift for life that we will be left with.
Off course investing into some coins which can be good hit for the future like BTC, ETH, EOS etc who can really really help us make the retirement just exciting. I am just keeping 10-20% of my earning into the crypto which I believe will be sufficient enough in the future.
If you are really investing 20% of your income in cryptocurrencies and you are doing it in good projects the truth is that I do not see why you could not achieve a very good retirement with your investments in fact if the price of bitcoin and other coins reach very high prices like some people are predicting, it could be possible for you to retire early. Off course investing into some coins which can be good hit for the future like BTC, ETH, EOS etc who can really really help us make the retirement just exciting. I am just keeping 10-20% of my earning into the crypto which I believe will be sufficient enough in the future.
Much smarter would be invested this amount in trade, so you can make much more and then later invest in pension fund. In other words, fast profit from trade and then invest in pension funds, when you finish your trade deals.
Before it to plan ,your basic moves is to acquire more knowledge and skills because the votalite price and unpredictable will guess game ,if you want to play some of your money ,,aside from that since is decentralised f your loss your money, is enough to say sorry for that,will not back again,
Yes, because if someone has no idea about bitcoin and how it behaves yet he already invested on it, for sure he would suffer a lot thinking that he was scammed or going to wonder where his profits goes, why it vanished just like that. Though, what OP's planning to do is a very nice idea, it is not just you are killing your time, but you are earning also, two birds in one stone.
Until the EMA and MA turns downwards, he will profit from this type of investment. Maybe the gains are low, but the stress is less also.
His rate of return is so high that it can only show that investment is the most important time to invest, and a professional investor is not likely to buy more money now than a few years ago. I hope that the market can continue to flourish so that we can have a chance to retire earlier.
It goes without saying that everyone should take care of his future retirement. The state at all desire won't be able to provide us pension. Investing in cryptocurrencies is a great opportunity, but you need to combine it with other investment tools.
Well with the possibility of some coins being a long term investment that could have the potential to grow for a long time so there is no telling how much some coins will be worth if you are holding them for years to come. It's like trying to calculate how long a piece of string is when you can't see the end.
Companies are aware of that because there are certain ways that you can add Crypto to your retirement fund such as ETH.
Companies are aware of that because there are certain ways that you can add Crypto to your retirement fund such as ETH.
Yes we don't know if crypto will stay for so long but even there's no assurance here like it turn to not well anymore still we need to take the risk here because we can do only the affordable for us to lose so we can easily accept that situation here so better to risk here like business in real life actually for me even they spread FUD or something bad about bitcoin still we need this in life that's why this is non-stop
Let's hope it does. The truth is that whether we like it or not, a lot of people will always prefer to leave their funds in crypto for very long due to the speed of transaction, borderless transaction and no involvement of a third party, asides the fact that you are going to be making a lot of profit on it as an asset in the long run.Yes, we cannot tell what the future will be like, but it is definitely one worth it, because the truth is banks will never give you 1600% in a year, but at least after some time, he can diversify a little bit and probably set out the main capital $50 x the number of months he has been paying his pension and throw it back where it belongs.
Yes we don't know if crypto will stay for so long but even there's no assurance here like it turn to not well anymore still we need to take the risk here because we can do only the affordable for us to lose so we can easily accept that situation here so better to risk here like business in real life actually for me even they spread FUD or something bad about bitcoin still we need this in life that's why this is non-stop
Let's hope it does. The truth is that whether we like it or not, a lot of people will always prefer to leave their funds in crypto for very long due to the speed of transaction, borderless transaction and no involvement of a third party, asides the fact that you are going to be making a lot of profit on it as an asset in the long run.Yes, we cannot tell what the future will be like, but it is definitely one worth it, because the truth is banks will never give you 1600% in a year, but at least after some time, he can diversify a little bit and probably set out the main capital $50 x the number of months he has been paying his pension and throw it back where it belongs.
bitcoin established a good reputation in the cryptomarket and also many huge investors sees bitcoin as alternative form of investment so as long as bitcoin is there use that opportunity to invest and save. Also let us do not limit this topic to bitcoin it is better to say that crytocurrency.
right, bitcoin is only a small part of cryptocurrency, and there are many coins and other altcoins as bitcoin supporters. lucky we already know bitcoin at this time, so if our income smoothly then we will have new business later and it can be used for our old time
It should have been better if he made it more early. Probably triple that amount that he have now or maybe more.
That is what early adopters cannot understand. They always want changes in the priceof every coin.
Why not just let it be? You are not a trader, get out of monitoring the price.
Investing. It is a long term option and not for short tempered people who likes profit tomorrow or a couple of days after putting the money.
They should really read this experience.
That is what early adopters cannot understand. They always want changes in the priceof every coin.
Why not just let it be? You are not a trader, get out of monitoring the price.
Investing. It is a long term option and not for short tempered people who likes profit tomorrow or a couple of days after putting the money.
They should really read this experience.
I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.
Description of the experiment:
"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:
How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "
He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?
It is a good experiment but it is also a risky one, many of those investing in cryptocurrencies can afford to lose their money if something goes wrong but it seems your compatriot will really need that money in the future since he is thinking of this as a retirement account and this means that under the wrong circumstances your friend may panic and sell at a low price and lose most of his profits.Description of the experiment:
"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:
How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "
He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?
bitcoin established a good reputation in the cryptomarket and also many huge investors sees bitcoin as alternative form of investment so as long as bitcoin is there use that opportunity to invest and save. Also let us do not limit this topic to bitcoin it is better to say that crytocurrency.
right, bitcoin is only a small part of cryptocurrency, and there are many coins and other altcoins as bitcoin supporters. lucky we already know bitcoin at this time, so if our income smoothly then we will have new business later and it can be used for our old timeFor the investment as retirement it is a good option as in the coming future the coin will be much valuable and will give a huge amount of the person which will be then much easier for that person to start any business with that money.
bitcoin established a good reputation in the cryptomarket and also many huge investors sees bitcoin as alternative form of investment so as long as bitcoin is there use that opportunity to invest and save. Also let us do not limit this topic to bitcoin it is better to say that crytocurrency.
right, bitcoin is only a small part of cryptocurrency, and there are many coins and other altcoins as bitcoin supporters. lucky we already know bitcoin at this time, so if our income smoothly then we will have new business later and it can be used for our old timeFor the investment as retirement it is a good option as in the coming future the coin will be much valuable and will give a huge amount of the person which will be then much easier for that person to start any business with that money.
bitcoin established a good reputation in the cryptomarket and also many huge investors sees bitcoin as alternative form of investment so as long as bitcoin is there use that opportunity to invest and save. Also let us do not limit this topic to bitcoin it is better to say that crytocurrency.
right, bitcoin is only a small part of cryptocurrency, and there are many coins and other altcoins as bitcoin supporters. lucky we already know bitcoin at this time, so if our income smoothly then we will have new business later and it can be used for our old timeFor the investment as retirement it is a good option as in the coming future the coin will be much valuable and will give a huge amount of the person which will be then much easier for that person to start any business with that money.
What can drop bitcoin from the pedestal? Most likely, either an innovation of the same level as himself, or a vulnerability that will deprive the bitcoin of reliability. Coins with several new minor parameters are not enough to undermine the positions of bitcoin.
It is a good retirement saving plan but I see slot of persons today just spending and lavishing all they earn from the cryptocurrency world. It really doesn't matter the age you are, setting aside some savings for the dry times and also for the future is really the best thing to do; will even help you to stay afloat when the markets are red too.
It is not easy to save in my country. BTC gives you a lot of cool options. Unfortunately, I do not save even in BTC so much I need it but I do not give up 
. 
It is a good retirement saving plan but I see slot of persons today just spending and lavishing all they earn from the cryptocurrency world. It really doesn't matter the age you are, setting aside some savings for the dry times and also for the future is really the best thing to do; will even help you to stay afloat when the markets are red too.
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