its high risk, not a safe haven.
Topic: Bitcoin long time perspective (Read 1119 times)
expect zero value and then think again if it is good for saving
its high risk, not a safe haven.
its high risk, not a safe haven.
Hello everyone. Are you using Bitcoin like a a tool for keeping savings? For example i want to keep into Bitcoins money for a child's education. If you look at Bitcoin course now it looks pretty good idea but what about 5 or 10 years? Will it increase with decreasing rewards for block? Or when there will be no reward and etc. Are somebody uses BTC for these purposes?
whatever money i consider as toilet money (money spent on a night out for drinks and food that will just end up in a toilet the next day) i invest in bitcoin. and that is my retirement nestegg..
with ever increasing costs to make due to difficulty and reward halvings, the price of bitcoin WILL increase to compensate, as no one (excusing idiots) would sell at a loss (i include panicking fud believers in the idiot category) so the price WILL rise.
but yea if your not sure, remember the hard rule of investing..
dont throw all your eggs into one basket.
.. so yea i have other retirement plans too to protect myself but my opinion is that bitcoin is going to be the leading reason of my retirement happinss
i agree my idea of hedging against risk
buy physical silver and bitcoin ... profit
are the physical silver stable?
Hello everyone. Are you using Bitcoin like a a tool for keeping savings? For example i want to keep into Bitcoins money for a child's education. If you look at Bitcoin course now it looks pretty good idea but what about 5 or 10 years? Will it increase with decreasing rewards for block? Or when there will be no reward and etc. Are somebody uses BTC for these purposes?
whatever money i consider as toilet money (money spent on a night out for drinks and food that will just end up in a toilet the next day) i invest in bitcoin. and that is my retirement nestegg..
with ever increasing costs to make due to difficulty and reward halvings, the price of bitcoin WILL increase to compensate, as no one (excusing idiots) would sell at a loss (i include panicking fud believers in the idiot category) so the price WILL rise.
but yea if your not sure, remember the hard rule of investing..
dont throw all your eggs into one basket.
.. so yea i have other retirement plans too to protect myself but my opinion is that bitcoin is going to be the leading reason of my retirement happinss
i agree my idea of hedging against risk
buy physical silver and bitcoin ... profit
tools on internet not controled by professionnal or commercial peoples ... work and stay online.
bitcoin will stay at work.
like all P2P file sharing network ... (ed2k have more than 15 years of live and always exist in this essence of network ... only client have change over the time).
bitcoin will stay at work.
like all P2P file sharing network ... (ed2k have more than 15 years of live and always exist in this essence of network ... only client have change over the time).
Hello everyone. Are you using Bitcoin like a a tool for keeping savings? For example i want to keep into Bitcoins money for a child's education. If you look at Bitcoin course now it looks pretty good idea but what about 5 or 10 years? Will it increase with decreasing rewards for block? Or when there will be no reward and etc. Are somebody uses BTC for these purposes?
whatever money i consider as toilet money (money spent on a night out for drinks and food that will just end up in a toilet the next day) i invest in bitcoin. and that is my retirement nestegg..
with ever increasing costs to make due to difficulty and reward halvings, the price of bitcoin WILL increase to compensate, as no one (excusing idiots) would sell at a loss (i include panicking fud believers in the idiot category) so the price WILL rise.
but yea if your not sure, remember the hard rule of investing..
dont throw all your eggs into one basket.
.. so yea i have other retirement plans too to protect myself but my opinion is that bitcoin is going to be the leading reason of my retirement happinss
I'm confident about the long term success of bitcoin! It'll have a bright and SUNNY future!
... and I also think, that acceptance of BTC will grow in parallel with the increasing legal regulations from the government authorities.
It is a question of the point of view. The glass is half full or half empty. At the moment expectations regarding the BTC are high. Time will show if it was correct.
I use for these purposes, by the look of it more cost Bitcoin, that slowly the world is moving towards the virtual coins. And I can tell you that there are some people who are sure that in a few years people will buy only with Bitcoin, if it helps
Crypto currencies are high risk investments. Only invest what you can afford to lose.
Hello everyone. Are you using Bitcoin like a a tool for keeping savings? For example i want to keep into Bitcoins money for a child's education. If you look at Bitcoin course now it looks pretty good idea but what about 5 or 10 years? Will it increase with decreasing rewards for block? Or when there will be no reward and etc. Are somebody uses BTC for these purposes?
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