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Topic: MILLENNIALS ARE BUYING CRYPTOCURRENCIES TO SAVE FOR RETIREMENT! (Read 331 times)

newbie
Activity: 26
Merit: 0
Cryptocurrency is a millennial thing. Its just too early to tell if it can be a retirement investment.
newbie
Activity: 112
Merit: 0
if only i was as rich as them lol
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
the way people are seeing bitcoin is changing. it started 2 or 3 years ago but it was noticeable last year when one of the big countries (Japan) adopted bitcoin as a real currency like any other currency. that helped many make their minds about bitcoin. they see it as another potential real thing that they can buy or invest in. just like gold or stocks or... and that meant many will include bitcoin in their 401k and things like that for their retirement. this doesn't mean they are fully committed to bitcoin or even fully committed to cryptocurrencies in general. it just means people have found another viable investment option with a great returns because bitcoin has a lot of potential in the long term.
newbie
Activity: 178
Merit: 0
Let us consider the situation of other who look crypto as good for retirement. Let us respect them also as we have our won limitations to grasp the complex and simple things. In this matter as good for investment as preparation for retirement is not quiet the best move ever specifically if the person who did this wait for some time to hit the moon and get the pocket and exchange. This person is too lazy to response into the practical issues of life. However the important is let us consider and respect our differences.
Jlv
full member
Activity: 336
Merit: 100
The Future Of Work
At a very young age or being milennials we have to start savings, buy bitcoin, start making investment while at the low price then if you can try to hold it for a long term then we will see when we reach the time of retirement great reward will be waiting for us.
jr. member
Activity: 322
Merit: 1
MILLENNIALS ARE RESHAPING THE RETIREMENT PLANNING INDUSTRY
they are seeing the negitive returns on paper stocks and bonds are a scam

Yes, I agree that millennials should start investing cryptocurrency now while it is still affordable especially for those altcoins like ETH, Neo or LTH where it could give them assurance of a great gain on their investment until their retirement period. I think even for the middle age individuals like within their 50's, it is still not late to do investment for their retirement also. There profit gains can help them supplement to their medicine needs since as we grow older, we can't deny the fact that we will be suffering some health problems.
member
Activity: 142
Merit: 11
MILLENNIALS ARE RESHAPING THE RETIREMENT PLANNING INDUSTRY
they are seeing the negitive returns on paper stocks and bonds are a scam
legendary
Activity: 3472
Merit: 10611
It's nice to hear somewhere saying that Millennials are actually making progress, because everywhere we hear are statements and speeches against so called Milllenials.

Older generation just cannot digest the progress world is making, excluding a very small percentage all the others want to stay in the past , they keep saying "good old days", the terrible days is what those are!

It's great to see Millenials are engaging in Crypto field more and saving for retirement, most of them working with 5-10 year plans, and plans to enjoy the rest of their lives travelling and enjoying life, not doing a 8h to 12h job for the next 50 years of their lives, making some smart investments, Holding some coins and tokens, this is progress.

you are missing the whole point probably because you are caught up in some profit that you made by accident. the problem is that just because you see some big profit in cryptos it doesn't mean they are good investments to use for your retirement. there still is a huge risk investing in them and all can go wrong in an instant and ruin your future.
in fact there are a lot of newbies that are actually losing money in crypto market! you think they don't want retirement?
hero member
Activity: 742
Merit: 500
I definitely noticed that millennial's are taking a lot of interest in crypto and many of them are actually investing in it.  I think it's very good that some are investing in crypto for their retirement because as the trends have shown crypto will experience significant gains overtime so there is no telling how high it can get by the time millennials retire.  
jr. member
Activity: 42
Merit: 4
It's nice to hear somewhere saying that Millennials are actually making progress, because everywhere we hear are statements and speeches against so called Milllenials.

Older generation just cannot digest the progress world is making, excluding a very small percentage all the others want to stay in the past , they keep saying "good old days", the terrible days is what those are!

It's great to see Millenials are engaging in Crypto field more and saving for retirement, most of them working with 5-10 year plans, and plans to enjoy the rest of their lives travelling and enjoying life, not doing a 8h to 12h job for the next 50 years of their lives, making some smart investments, Holding some coins and tokens, this is progress.
sr. member
Activity: 1400
Merit: 269
It's no surprise that millineals investing bitcoin because they can adapt quickly with modern technology the fact that a 12 year old already has a facebook account. It was only a matter of time until they discover bitcoin rather than the older generations.
Most millenials are tech savvy and work as web dev, encoders, programmers.
jr. member
Activity: 214
Merit: 3
This is the best news I have heard since the making of soap. It will move the bitcoin market in a very bullish direction hopefully. I am sure glad that millennials are taking advantage of cryptocurrencies as a way to save up for retirement. It will have a ripple effect over other crypto doubters as well
hero member
Activity: 1176
Merit: 509
As of now, I don't think that cryptocurrencies is a good investment for retirement. The market is not yet stable and there are still lots of issues to address. Even though it has good potential in the future, I'm investing on it because of the volatility wherein if you know how to trade properly, you can gain profit. Maybe I'll consider investing on it for my retirement if the issues regarding it will be resolve and if there will be strict regulations about investing on it.
newbie
Activity: 12
Merit: 0
Millenial people should be doing it. It si good for their future. Nothing bad about that
newbie
Activity: 28
Merit: 0
Nothing wrong with making smart investments to aid in the retirement process. I’m game for an early retirement. Who isn't?
full member
Activity: 504
Merit: 100
Its good if millenials start saving money for their future at their young age.and they know how to invest their money that they will use not only in retirement but also to have their own business.
member
Activity: 162
Merit: 10
Its good to know that millenials are now already thinking for their future. At least at a very young age they already know the importance of investing. Its good that millenials save their earning or profit they get thru btc investment or trading for their retirement.
newbie
Activity: 35
Merit: 0
millennials might really have a bad impression from the past generation but hearing about this i think crypto really suits their generation very well for with respect to btc its also getting a demand this years. and being able to think of it for their retirement really shows millenials have a bright future ahead with btc.
newbie
Activity: 49
Merit: 0
MILLENNIALS ARE RESHAPING THE RETIREMENT PLANNING INDUSTRY
legendary
Activity: 3472
Merit: 10611
investing in bitcoin alongside the rest of your investments is a good thing and you can do that for the retirement not solely choosing bitcoin and definitely not altcoins. @QuestionAuthority is right, it is dumb to choose a new volatile thing for your retirement.
but i have a feeling that they are not choosing only bitcoin for that purpose, it is more like having bitcoin in their portfolio.
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