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Topic: Wasn't that good to use bitcoin as your lifetime asset? - page 5. (Read 4244 times)

full member
Activity: 293
Merit: 100
bitcoin is great for you as a lifetime asset. if you invest bitcoin on this day, and you save it for your assets. probably in old age, you will earn from your bitcoin. you do not need to work in old age. because you can already enjoy the bitcoin results that you save at a young age. it is a good idea for you so you do not have to work in your old age. maybe bitcoin prices will be very high and your money doubled. you will smile in old age to see bitcoin provides an unexpected income.
I tend to disagree with this. It is profitable if you will hold it for like 5 years since it is still within our expectations that bitcoin still rocks. But if we will save it for retirement, it is very risky since we don't know what lies ahead. What if big war do happens? What if bitcoin will fall before we retire? All our efforts in saving will be lost. For me, its better to just know the possibly yearly on what will happen and if bitcoin still good, then continue holding it until the right time comes on when to sell it.
full member
Activity: 182
Merit: 100
Buglab.io
bitcoin is great for you as a lifetime asset. if you invest bitcoin on this day, and you save it for your assets. probably in old age, you will earn from your bitcoin. you do not need to work in old age. because you can already enjoy the bitcoin results that you save at a young age. it is a good idea for you so you do not have to work in your old age. maybe bitcoin prices will be very high and your money doubled. you will smile in old age to see bitcoin provides an unexpected income.
sr. member
Activity: 938
Merit: 256
for now bitcoin is a valuable asset and has a very high value, with bitcoin we have an income that I think is helpful for economic change to a better phase.
I think as long as there are still many users who make transactions with bitcoin, of course bitcoin will survive and remain a valuable asset.
sr. member
Activity: 1050
Merit: 252
Bitcoin is a very good investment form in the current era. but not yet predictable if bitcoin is a great asset for the rest of our lifetime. we will not know between the next 20 years about bitcoin. I do not think we should keep the bitcoin assets we have in a lifetime. we should do is we have to have a target within a period of every 5 years it has to invest our assets in other areas that have the nature of lilies, such as one of them is investing in gold proverti and many others.
5 years is enough for me to consider bitcoin as a great asset and like what you said its better to divert earnings from here to another form, maybe new things
will be introduce after 5 years but as of now I can call this as great one to be consider and to bring more gain in such time frame.
sr. member
Activity: 672
Merit: 253
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Bitcoin is a very good investment form in the current era. but not yet predictable if bitcoin is a great asset for the rest of our lifetime. we will not know between the next 20 years about bitcoin. I do not think we should keep the bitcoin assets we have in a lifetime. we should do is we have to have a target within a period of every 5 years it has to invest our assets in other areas that have the nature of lilies, such as one of them is investing in gold proverti and many others.
hero member
Activity: 564
Merit: 500
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

I personally think that it is a really good investment for the future. I actually plan to keep my earnings for now. It will serve as an investment for me even though I am still studying so that when I reach the age of 25, I can already reap the profit due to the increase in bitcoin price. I surely hope that it will be huge by that time.
I think that bitcoin is not that stable and it is unpredictable to be used by someone as an asset for them for life. I mean it can be somehow a help for anyone for it to be their extra income because you could really earn a lot but we all know that it is unpredictable most of the times and it is not that well to be a support for living.
I do not agree, bitcoin may be very volatile in the short term but if you look the charts with all the history of bitcoin you will see the chart going up, so bitcoin is a great investment for the long term and anyone that is thinking about his future must get at least one bitcoin, if you do that I would not be surprised if you were able to get ten times your investment in the next decade.
Simple if you are holder Bitcoin and your target is $100,000 or even $ 1,000,000 for each.
The price of Bitcoin today really cheap if compare to your target.
That is reason you can buy Bitcoin and do not let some dumped on market make you care.
legendary
Activity: 2716
Merit: 1383
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

I personally think that it is a really good investment for the future. I actually plan to keep my earnings for now. It will serve as an investment for me even though I am still studying so that when I reach the age of 25, I can already reap the profit due to the increase in bitcoin price. I surely hope that it will be huge by that time.
I think that bitcoin is not that stable and it is unpredictable to be used by someone as an asset for them for life. I mean it can be somehow a help for anyone for it to be their extra income because you could really earn a lot but we all know that it is unpredictable most of the times and it is not that well to be a support for living.
I do not agree, bitcoin may be very volatile in the short term but if you look the charts with all the history of bitcoin you will see the chart going up, so bitcoin is a great investment for the long term and anyone that is thinking about his future must get at least one bitcoin, if you do that I would not be surprised if you were able to get ten times your investment in the next decade.
hero member
Activity: 2702
Merit: 540
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If you have earned many or thounsands of bitcoins after 3-5 years you will become a millionaire i think in the age of 30-35 years old you dont need your current job you can resign and retire yourself in some resort you own or travel around the world. Also you can male bitcoin your current job the money your earn in bitcoining depends on you whether it's trading, mining, programming it will all depend on your methods in order to make good profot that will surpass the minimum wage of your current job.
Bitcoin is already been made a full time job by many people. If you can really quite your job and give your whole time in bitcoin then surely you can earn a good amount as compared to your job. If you have a good amount of bitcoins then for sure in future you are going to be rich enough that you will not even need your pension. At the age of 60, if you continue from now you will be a good bitcoiner and you can earn a really good profit even if you are over aged. Bitcoin earning does not require any age for earning them instead just the good knowledge can make you earn a good amount daily.

Its really good to hear of regarding on this matter but relying too much on bitcoin would really be hard. We cant still say that this thing would last forever on which we would really decide to go full time with it and do depend our living on it.Theres no assurance on how many years it would last even though we do see its progress and success as of now but the chances of crash or lost of interest of people would really be always there.Theres no lifetime things on this world.
hero member
Activity: 1092
Merit: 523
If you have earned many or thounsands of bitcoins after 3-5 years you will become a millionaire i think in the age of 30-35 years old you dont need your current job you can resign and retire yourself in some resort you own or travel around the world. Also you can male bitcoin your current job the money your earn in bitcoining depends on you whether it's trading, mining, programming it will all depend on your methods in order to make good profot that will surpass the minimum wage of your current job.
Bitcoin is already been made a full time job by many people. If you can really quite your job and give your whole time in bitcoin then surely you can earn a good amount as compared to your job. If you have a good amount of bitcoins then for sure in future you are going to be rich enough that you will not even need your pension. At the age of 60, if you continue from now you will be a good bitcoiner and you can earn a really good profit even if you are over aged. Bitcoin earning does not require any age for earning them instead just the good knowledge can make you earn a good amount daily.
hero member
Activity: 644
Merit: 500
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
It depends on the life of bitcoins but probably bitcoin will be good enough for many more years. So yes, bitcoin could be a good asset for lifetime. You can get a good profit daily even compared to pension. If you purchase some good amount of bitcoins and invest it on a good investment site giving some good daily return then you are surely going to have a good profit as compared to pension. Bitcoin is already been proven profitable and can really give good profit if properly utilised.
legendary
Activity: 2716
Merit: 1383
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Making retirement plans with bitcoin is very cool idea but seems to far fetched. There may be different scenario than the current one so we must take care before investing or relying on bitcoin in terms of future. Bitcoin is doing just great today with price of 4.2K USD and we are feeling rich already with it. But making it part of your retirement plan is like very hard to digest as we don't know what would be price of bitcoin in the future or does it will exist at that time or not. What if government changes the rules and ban crypto currencies completely. That would be real chaos and hence investment must be made very neatly.
I do not see the issue with making bitcoin part of your retirement plan, I know that the price of bitcoin can be very volatile but that is only going to affect you if you are very old and you need to cash out when the price is low, but if you are young, and the bitcoin demographic seems to indicate that the average bitcoin user is a male between 20 to 40, then you have a lot of time to recover if the price of bitcoin is stagnant for some time.
hero member
Activity: 1022
Merit: 500
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Yes it is, bitcoin is a good lifetime assets. The more you buy it and save more of it, you also increase you investment assets here. Aside from the other coins were you are planning to buy it then hold in a long term like what you are going to do holding your bitcoin too.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Yes bitcoin is a good long term investment because its price is increasing year by year and your investment today might be 5x or 10x in the future when you retire but it is also advisable to diversify your investment because we don't know for sure what's the future of bitcoin. To reduce the risk, you can put your remaining money in other investment opportunities if possible not related to cryptocurrency.
If you have an investment asset immediately stop and sell just transfer all your investment assets to Bitcoin because the opportunity to profit is very huge. If not then you will regret in the future

Yes absolutely right. Profit chances in bitcoin investment will increase in future and the reason behind that is the way bitcoin price is increasing and the stats are now started adapting the bitcoin which will be a major plus point if you invest in bitcoin now. And when you compare your earning in bitcoin with your savings you will definitely see the difference.
sr. member
Activity: 1400
Merit: 269
If you have earned many or thounsands of bitcoins after 3-5 years you will become a millionaire i think in the age of 30-35 years old you dont need your current job you can resign and retire yourself in some resort you own or travel around the world. Also you can male bitcoin your current job the money your earn in bitcoining depends on you whether it's trading, mining, programming it will all depend on your methods in order to make good profot that will surpass the minimum wage of your current job.
hero member
Activity: 1078
Merit: 501
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Maybe if I am already old, my eyes can had a hard time to look in my gadget. I think it will hard for me to identify how much bitcoin I have already. Hahahaha! But bitcoin is great if we still have it until we reach 60 years old, but I don't think bitcoin will detect how age we are. And bitcoiners can fake their age online. It is easy for them/us to fake an account and change our age to get a pension.
full member
Activity: 154
Merit: 100
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Yes bitcoin is a good long term investment because its price is increasing year by year and your investment today might be 5x or 10x in the future when you retire but it is also advisable to diversify your investment because we don't know for sure what's the future of bitcoin. To reduce the risk, you can put your remaining money in other investment opportunities if possible not related to cryptocurrency.
If you have an investment asset immediately stop and sell just transfer all your investment assets to Bitcoin because the opportunity to profit is very huge. If not then you will regret in the future
sr. member
Activity: 616
Merit: 262
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Yes bitcoin is a good long term investment because its price is increasing year by year and your investment today might be 5x or 10x in the future when you retire but it is also advisable to diversify your investment because we don't know for sure what's the future of bitcoin. To reduce the risk, you can put your remaining money in other investment opportunities if possible not related to cryptocurrency.
full member
Activity: 209
Merit: 100
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

I personally think that it is a really good investment for the future. I actually plan to keep my earnings for now. It will serve as an investment for me even though I am still studying so that when I reach the age of 25, I can already reap the profit due to the increase in bitcoin price. I surely hope that it will be huge by that time.
I think that bitcoin is not that stable and it is unpredictable to be used by someone as an asset for them for life. I mean it can be somehow a help for anyone for it to be their extra income because you could really earn a lot but we all know that it is unpredictable most of the times and it is not that well to be a support for living.
legendary
Activity: 2716
Merit: 1383
Indeed, the one who invests in Bitcoin today will look back in 20 years and know it was the best asset they ever bought. Smiley
This is why it is important to start to save right now, in the future not many people are going to be able to retire since pensions are going to become unpayable so you need a backup plan and bitcoin fills that bill perfectly since it is a currency constantly gaining value way above what any other investment in the world can give you, I will not be surprised if bitcoin was worth 10 to 20 times its current value in the next 20 years.
sr. member
Activity: 742
Merit: 251
Bitcoin is a good asset obviously and it still in the beginning of development.
Normally, bitcoin should gain more value over time as it is valuable currency and has limited supply.
Bitcoin has growing from nothing to over $4000 right now, so it's already proven as good investment for the future.
The problem is, we don't know what exactly will happen in the future, whether bitcoin would survive and reach $100K or crash and doesn't has value again. But, I believe in bitcoin, so I prefer to saving bitcoin as much as I can for my future, and divide my investment into several assets such as gold, buy lands and make some business.
it is not a bad decision today as the value and the rates of the bitcoin is keep on increasing but the things related to the bitcoin are not so sure and certain that what will happen to it the next day  as it is happening and will happen the price will increase more and more then you will make good income but it will not happen then you will loss so the future of the bitcoin is unpredictable you can earn but at the same time you can loss as well bitcoin has high potential you need to manage it in right direction.
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