Topic: Pension funds bringing money to Bitcoin. - page 4. (Read 945 times)
Pension funds in cryptocurrency will surely make a big change on the life. It can go on the negative side as well on positive side. Earlier one of the bitcoin user sold all his properties including his shelter bought back bitcoin. He's lucky to profit big as the price peaked all of the sudden after he made the investment. He risked along with his three children, wife buying bitcoin expecting good return.
The idea is great. Don't take me as a negative person but I'm afraid that it may be turned into some fraud project in the end, and I truly hope it's just my imagination.
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
Good approach from Pension funds towards realizing the potentials one can get when invest in cryptocurrency for a long term. The government can no longer turn blind eyes against cryptocurrency as they start exploiting its opportunities for their citizens. Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
Canada: Quebecor World retirees lose half their pension funds
http://ici.radio-canada.ca/nouvelle/1016315/regime-retraite-quebecor-world-fonds-pension-imprimerie
United States: Californian pensioners have had their retirement pensions reduced by 60% all at once
http://www.freerepublic.com/focus/f-news/3508645/posts
Pension Crisis Too Big for Markets to Ignore
https://www.bloomberg.com/opinion/articles/2017-03-24/pension-crisis-too-big-for-markets-to-ignore
Just posting the links, since a lot of people posted how pensions funds are wonderful and super!
Are you guys aware that it's the pension funds that drive the current financial system? The same that we complain about, the same we want to be changed, the reason we use BTC.
Search on the web also to know in what they invest in, you could be quite surprised and you will wonder where is the ethic
http://ici.radio-canada.ca/nouvelle/1016315/regime-retraite-quebecor-world-fonds-pension-imprimerie
United States: Californian pensioners have had their retirement pensions reduced by 60% all at once
http://www.freerepublic.com/focus/f-news/3508645/posts
Pension Crisis Too Big for Markets to Ignore
https://www.bloomberg.com/opinion/articles/2017-03-24/pension-crisis-too-big-for-markets-to-ignore
Just posting the links, since a lot of people posted how pensions funds are wonderful and super!
Are you guys aware that it's the pension funds that drive the current financial system? The same that we complain about, the same we want to be changed, the reason we use BTC.
Search on the web also to know in what they invest in, you could be quite surprised and you will wonder where is the ethic
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
The future is good for cryptocurrency but I think its too risky to invest and depend your future retirement with cryptocurrency. I believe on this market but its better for me to diversify my investment and don’t depend on one income only. Retirement/pension fund should be put on the place that is more liquid i think. Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
Hey, yeah...pension money flowing into Bitcoin and other cryptos is an incredible opportunity for growth of the market. But this is most critical if these funds are actually buying bitcoin via the blockchain. If they're buying via a fund the impact will be less positive for the broader bitcoin community. Buying through a fund allows the fund managers to determine much those investments are funded by actual bitcoin vs. some cash position. It's a common thing that equity fund managers do.
Some may say that this is history repeating itself given that pension funds (in the early 2000s) bought into collateralized debt obligations (speculative investments based off of mortgage portfolios). Some might say the pension money is just going to another speculative investment...and this would be true. But diversification is a good thing too and investing in innovation (as investing in bitcoin is).
The biggest take away from this is the fact that pension managers are WILLING to consider Bitcoin or cryptocurrency as an investment for a pension portfolio. This kind of talk legitimizes cryptocurrency, which just a few short years ago people were calling "ponzi" or "scam" or "fad".
On the whole - this is very, very positive news for us!
Some may say that this is history repeating itself given that pension funds (in the early 2000s) bought into collateralized debt obligations (speculative investments based off of mortgage portfolios). Some might say the pension money is just going to another speculative investment...and this would be true. But diversification is a good thing too and investing in innovation (as investing in bitcoin is).
The biggest take away from this is the fact that pension managers are WILLING to consider Bitcoin or cryptocurrency as an investment for a pension portfolio. This kind of talk legitimizes cryptocurrency, which just a few short years ago people were calling "ponzi" or "scam" or "fad".
On the whole - this is very, very positive news for us!
Now there's no legislative base protecting investments in cryptocurrency.The people cannot risk pension savings due to the volatility of the cryptocurrency market ... Although on the other hand it is a positive signal, the community accepts BTC,ETH and other coins.
Crypto is very risky, and before investing must think about profits or losses that will be obtained. And if it becomes your pension, then you must be careful in making choices.
I'm sure those guys know what they are doing. Although anyone thinking about their future will be buying bitcoin themselves, one day it will be simple enough for silver surfers to buy too
Pension funds are funds that we rely on to cover our needs in the old ages because at that time we cannot be productive anymore. Saving it in bitcoin is of course very risky because there is no guarantee that the value of our assets when needed will increase or at least the value is still the same. What if at that time our funds dropped dramatically while we could no longer find another job because of an old age? Investment funds and funds to meet needs should not be mixed, must be separate!
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
For the people who are dependent on their pension, it will be really risky to invest their pension on bitcoin because of its volatility. But it still possible to invest using their pension but "not all" since there's a possibility of either gaining or losing. But I'm hoping it will bring a positive outcome for them. Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
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
I don't know for sure how pension funds work in the US, because in my country it's a governmental organization that is responsible for all of the pensions. I guess in this country it's different, and you probably choose your fund (like a health insurance). What I am wondering about is whether people have their voice in that and whether the fund has any guarantees. Say person A has been paying a pension fund X for a couple of years now. This person expects certain amount of money back after retirement, right? So if suddenly the fund X decided to invest in Bitcoin, will the person X receive some guaranteed pension in the future or does it depend on the price of Bitcoin now?Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
I agree with bitfocus that it's better to have more stability in such important areas and not risk with money of an already vulnerable group.
definitely a bold move, but I am against it. education, health-care and pension funds should not be in such volatile field of investment.
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 great news and I believe that in future we are going to have more of the kind of fund flowing into the cryptocurrencies market. Bitcoin is going to replace many financial system because blockchain technology makes things more easily than any other financial system. Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
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 great news and I believe that in future we are going to have more of the kind of fund flowing into the cryptocurrencies market. Bitcoin is going to replace many financial system because blockchain technology makes things more easily than any other financial system. Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
I can not comment on how accurate this attempt is. While the risk of investing as much as you can risk is still valid, it is a great risk to wait for all the money until years later. Personally, I would not have taken this risk. In fact, my idea for the future is not Bitcoin, it will be more controllable model.
That must be a brave decision they made. As others are feeling. dismayed on the current status of cryptocurrency in general, they have taken a bold step. They must have seen the future potential of cryptocurrency and they don't want to be left behind in not engaging on it. This news will encourage readers to do the same as well.
With the current market this may be a very risky step. If Crypto continues to go down, it will cause everything to fail, and the protesters will get more and more. I hope Crypto will grow again so that every step that can set foot on success is not a failure.
pension funds are gambling idiots anyway, let them pay for the lambos of the bitcoin whales, and the miners.
sad thing is that as soon as those idiots will have aquired their lambos they will become outdated already.
sad thing is that as soon as those idiots will have aquired their lambos they will become outdated already.
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 a choice, it doesn't hurt when someone fully believes in cryptocurrencies. but what needs to be considered is how the risks that we might get. As we know, cryptocurrencies have a high level of risk, but behind the high risk there is a good opportunity to make a big profit. Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
That must be a brave decision they made. As others are feeling. dismayed on the current status of cryptocurrency in general, they have taken a bold step. They must have seen the future potential of cryptocurrency and they don't want to be left behind in not engaging on it. This news will encourage readers to do the same as well.
It will be another tough discussion between those who believes and non believers, pension funds can be good for investment but if you are already old enough your priorities is to enjoy life as you already spent most of it working, for those who invested their money how long they will need to wait again, they won't enjoy their money if the bull trend happen after another 5-10yearsagain.Jump to: