Pension funds bringing money to Bitcoin.

angel55

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Quote from: zee11225 on May 24, 2019, 07:55:30 AM

Quote from: martychubbs on May 17, 2019, 11:16:00 AM

We can be certain it’s a huge step forward. Why not, after all. I would be really pleased. We just have to hope that nothing will happen to crypto, like really serious stuff – turning into scam or something.

I do not agree if pension funds are invested in bitcoin, because it is very risky. If the price of bitcoin continues to rise it may not be a problem, but if the price drops rapidly no one can save the pension funds.
So it's better to invest in safer products such as property, bonds or stocks for established companies. Because pensions are money for old days where you can enjoy the results of your struggle while you were working.

No one knows what bitcoin will be like in the future, it is still a very risky investment. Older people don't have the time to absorb big losses as well so they are better served investing in bonds, gold, and real estate. Younger people should be investing more in crypto because they can afford to take such risks.

zee11225

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Quote from: martychubbs on May 17, 2019, 11:16:00 AM

We can be certain it’s a huge step forward. Why not, after all. I would be really pleased. We just have to hope that nothing will happen to crypto, like really serious stuff – turning into scam or something.

I do not agree if pension funds are invested in bitcoin, because it is very risky. If the price of bitcoin continues to rise it may not be a problem, but if the price drops rapidly no one can save the pension funds.
So it's better to invest in safer products such as property, bonds or stocks for established companies. Because pensions are money for old days where you can enjoy the results of your struggle while you were working.

jak3

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I think Crypto is the Best Asset / Cryptocurrency you can hold. I do not care about the price a lot but it has a lot of potentials that I simply can not ignore it at all. even if the market decided to make bitcoin price lower they simply can not. the future of bitcoin is extremely useful for our future generation. Pension Funds can be a risk though as the pension is like a 100% risk-free and guarantied payment every month. which bitcoin simply can not provide.

uneng

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It's great news for bitcoin, and the impact of this adoption over bitcoin price will depend on the pension funds influence and reputation in the economics field. I suspect this is the kind of event which triggered btc pump, and lead to all the speculation that happened right after.
Hopefully more pension funds will adopt bitcoin soon, taking the example of other pension funds which are starting to do this now. Private pension funds are a fertile soil for bitcoin to get more recognition and adopters.

I know some pension funds that do nothing with the contributors money, and that is shocking as the money is just being eaten by inflation! They should put at least a few percentage of the money in btc and other crypto currencies.

Dikarama7

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Placing retirement funds in crypto is a bold decision, but if you put everything in crypto it is too risky because market movements are difficult to predict.

traderethereum

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Quote from: mornabo on March 27, 2019, 01:17:55 AM

Quote from: traderethereum on March 27, 2019, 12:30:19 AM

Quote from: Syakbrown on March 27, 2019, 12:06:28 AM

bringing a pension fund to invest in the crypto world is a good step so that '' someone is very happy in the future '', but for beginners you have to do it gradually in order to predict the benefits that you can achieve, this should not be ignored and underestimated so that you do not fall into the category of "someone very angry in the future". because the crypto currency values can change fluaktif

But I will not say that is a good step, because how you will live if you use all of the pension funds in crypto? Although it's promising, we still need to think the next day, how we are going to buy or fills our daily needs if we don't have money? That is for every people who have large money and for people who want to invest in cryptocurrency. Never put all of your money in one investment only, and that is a very good suggestion.

I don't think retirees will do that, they don't understand technology, their era is not the era of technology. so they won't understand about crypto especially investing in bitcoin. You're right to use all pension funds, of course that things are risky especially if they don't have any more income? they have no backup funds

That is right, and I guess they still prefer to save their money in the bank because the bank still does their jobs to take care of the funds.
But if they are aware of the new technology, I think they will use some of their funds and invest in bitcoin.
But I don't think that is a good idea if they choose to invest all of their money in bitcoin because they need that money for their life.
I think if I knew that person, I would advise him/her to use some of his money to invest in bitcoin and leave the rest in his bank account for another thing he might need in the future.

Adriano2010

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I will also invest if i have pension funds maybe in bitcoin and i will hold for long time, i think bitcoin can be now a good option to invest and always people should invest only money they don't need because can take time to get profit.

martychubbs

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We can be certain it’s a huge step forward. Why not, after all. I would be really pleased. We just have to hope that nothing will happen to crypto, like really serious stuff – turning into scam or something.

FuryBeast

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Awesome idea! While fiat currencies working against pensioners, btc works for them, so their saving increase in value.

Ezenwanyi1

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It's actually a nice idea.
All things been equal , I believe no one will get pissed off for investing in Cryptocurrency in the future because their investment will yield good returns.
The development also fosters mainstream adoption.

thirdlight

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Quote from: Ucy on March 29, 2019, 01:14:43 AM

Decentralized pension fund will certainly be a good one if done right.. It would be great to have it packaged in viable decentralized Nation.
Blockchain is the best to keep funds long term without fear of losing it to hackers or poor economic management

This is a good idea. That's just it seems to me that it will be relevant then when the course of Bitcoin is stable or tied to gold, for example.

Caladonian

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Quote from: pushups44 on March 29, 2019, 03:18:59 AM

While it's true that pension funds normally look for very stable investments, I don't think it'd hurt to put a small fraction or percentage into blockchain technology for potential growth. Presumably there are some retirees who are willing to invest in the industry.

If this can be done correctly, placing your investment and aim for much longer term can bring a good outcome, knowing that there's always a good chance that bitcoin will be adopted and will specifically used for payment process, the money that they've going to invest will make a good gained for them after the success of this system, it just needed to be planned well and execute correctly.

pushups44

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While it's true that pension funds normally look for very stable investments, I don't think it'd hurt to put a small fraction or percentage into blockchain technology for potential growth. Presumably there are some retirees who are willing to invest in the industry.

kawetsriyanto

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I'm sure that somebody that does that thing is very brave and risk taker.
We know that investing in Bitcoin and other cryptos are full of risks. However, if they are sure and having the right strategy, why not?
Investment in Bitcoin is also actually profitable, however, of course, we need our patient, not instant prints that we will get. sometimes, the risks of losing some money will be always there. However once more, if we have understood the risks, it doesn't matter we will use the pension funds or others in investing Bitcoin.

Ucy

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Decentralized pension fund will certainly be a good one if done right.. It would be great to have it packaged in viable decentralized Nation.
Blockchain is the best to keep funds long term without fear of losing it to hackers or poor economic management

shesheboy

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Quote from: munareal on March 27, 2019, 02:20:37 PM

The pension fund in Bitcoin is not advisable as the cryptocurrency marketplace is known to be very volatile. People's life savings will be gone within a blink of an eye. This risk should not be taken with peoples tomorrow

Your only thinking of the negative effects but you didnt think of the positive effects that bitcoin investment could bring to you . imo pension fund can be a good medium to be used in bitcoin because you will not be using your own cash ( on your pocket ) , that can also lessen your worries and regrets if ever something bad happen on your investment . and besides , you will not be investing all your pension funds in bitcoin . instead you can only invest what you can afford to loose . see ? No problems at all but you can also expect that your money could grow in the future in the hands of bitcoin .

munareal

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The pension fund in Bitcoin is not advisable as the cryptocurrency marketplace is known to be very volatile. People's life savings will be gone within a blink of an eye. This risk should not be taken with peoples tomorrow

Tagus45

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You can use cryptocurrency investments with pension funds, but before doing so you have to think wisely, because it is a very risky choice.

Wildwest

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"Crypto breakthrough as an investment" in my opinion has a different view of everyone, indeed there are many people who make bitcoin as an investment in the future, but many people also still do not believe in bitcoin and invest it.

If that person has a good perspective on crypto investment, then you can trust it

Netnox

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Quote from: linzerdshaffen on February 12, 2019, 04:30:30 PM

It is really interesting that at last some pension funds have wet their feet in cryptocurrency investing. Someone is going to be very happy or very pissed off in the future. What do you think of this? It is really a breakthrough for crypto as an investment?
Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing

This is very interesting. Normally the pension funds make investments in the least volatile assets, such as the United States treasury bonds and bullion bars. Even mutual funds and stocks are too volatile for them.

Topic: Pension funds bringing money to Bitcoin. (Read 945 times)