Wasn't that good to use bitcoin as your lifetime asset? - page 7.

blackhawkeye1912

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Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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 considered for me a lifetime digital assets. So, as long as you are capable to buy bitcoin, I guess you better do it now as much as you can afford to buy more of it. For sure when you turn 60 years of age, you have a big amount of savings that you did in your entire life. Cheesy

Wa(t)ch_night()

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Bitcoin is a wonderful saving for your future. I plan to save as many coins as possible so that in my old age I do not have to worry about my financial situation and be able to provide for my children.

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Quote from: Natsuu on August 16, 2017, 06:14:42 AM

Quote from: bitcoinmaniac52 on August 15, 2017, 09:39:48 PM

Indeed, the one who invests in Bitcoin today will look back in 20 years and know it was the best asset they ever bought.

Sure it is.
Having bitcoin and for the future is the best asset but if you wanna be sure you can also invest in real estate or putting up a venture. In this way we can assure our future as well as our family. Better to have back up plan than ends in nothing.

There are real estates ICo that are worth investing since they offer a ownership when developed. Though their still risk since we dont if it will be successful or not. Having your own apartment pr commercial establishments in real life is good too if already have enough btc to fund the construction.

Natsuu

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Quote from: bitcoinmaniac52 on August 15, 2017, 09:39:48 PM

Indeed, the one who invests in Bitcoin today will look back in 20 years and know it was the best asset they ever bought.

Sure it is.
Having bitcoin and for the future is the best asset but if you wanna be sure you can also invest in real estate or putting up a venture. In this way we can assure our future as well as our family. Better to have back up plan than ends in nothing.

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Quote from: Sled on August 16, 2017, 05:38:11 AM

Quote from: Supreemo on August 16, 2017, 02:05:47 AM

,why not? maybe its not only me thinking that bitcoin can be a good investment for a long term purpose. for me i am making bitcoin as an investment for long term, because i don't know what may even happen for the next years and i see such a great potential in bitcoin which also convince me to put some amount as my savings and leave it for a moment, who knows maybe someday it would be helpful asset.

Bitcoin is already a helpful asset for most of the investors because it already gave them profits to enjoy by just believing in bitcoin and investing for long term also, if you are just starting in bitcoin then do not be afraid to put some money in it because if you are really into long term then i can say that you are in a safe investment vehicle.

Yes bitcoin is a good and profitable investment that we've been seen in its price history. Its very worth it that bitcoin become a long term investment because there are many people who are investing in bitcoin that may give a big effect in its market even there are a lot of people who didn't know about bitcoins but I'm sure when they know it they become also an investors in the future that helps the bitcoin community to earn a big profit.

Sled

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Quote from: Supreemo on August 16, 2017, 02:05:47 AM

,why not? maybe its not only me thinking that bitcoin can be a good investment for a long term purpose. for me i am making bitcoin as an investment for long term, because i don't know what may even happen for the next years and i see such a great potential in bitcoin which also convince me to put some amount as my savings and leave it for a moment, who knows maybe someday it would be helpful asset.

Bitcoin is already a helpful asset for most of the investors because it already gave them profits to enjoy by just believing in bitcoin and investing for long term also, if you are just starting in bitcoin then do not be afraid to put some money in it because if you are really into long term then i can say that you are in a safe investment vehicle.

Supreemo

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,why not? maybe its not only me thinking that bitcoin can be a good investment for a long term purpose. for me i am making bitcoin as an investment for long term, because i don't know what may even happen for the next years and i see such a great potential in bitcoin which also convince me to put some amount as my savings and leave it for a moment, who knows maybe someday it would be helpful asset.

CryptoBry

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Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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.

Considering the way things are happening to Bitcoin right now, it would be safe to assume that it can be a good investment for retirement purposes...meaning that you just hold on to your Bitcoin and maybe when you are already 60 then it is time to cash-in. However, it should also be noted that this will never be risk-free as there is no such thing in the first place and what can happen in the world economy as well as cryptocurrency can affect the future of Bitcoin. So if I were you, invest in Bitcoin and then always be watching developments in the market.

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Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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.

Its still too early to tell and be certain about it dude. Right now up to the next couple of years, bitcoin would be a very good asset but to think up to retirement? I think its better to invest on other things as well and not solely on btc.

bitcoinmaniac52

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Indeed, the one who invests in Bitcoin today will look back in 20 years and know it was the best asset they ever bought.

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Quote from: Casmania on August 11, 2017, 06:36:43 PM

Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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.

Search and review charts about bitcoin. You could see that it is booming in which you can infer that there is a big possibility that it would continue to increase in the years to come. Bitcoin has the full potential to grow even more especially now the world's relying more and more on technology and digital. So, I could say that yes, it is good to invest on bitcoin.

You cannot infer that through charts and past performance. In investments, past performance do not guarantee future performance. And technical analysis in bitcoin does not normally work. It defies ta. The tech behind bitcoin is great. Blockchain is the future that is why it is a good investment.

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Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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.

We can't really tell that we are rich if all our assets are in bitcoin. When you already converted your btc to fiat then thats the time you can tell that you're rich. Same as this, if you just hold your coins for your future but you can't really tell what will happen in bitcoin in the future. So better diversify your investment into a real one. Have a business or buy a real estate and that will be use for your pension when you decided to retire.

error08

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There are many people who already did this idea to invest in bitcoin as a lifetime savings, or for pension in the edge of your life.
But, I recommend to invest on others potential business that you can find and may be profitable in your city, even buy a land is a good way for future savings because we don't know what will happen to bitcoin in 30 years later. So, make sure you have some back-up plan instead of just rely on one investment, divide your wealth is always a good way.

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Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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 don't think that it will be a good idea to hold bitcoin for 20-30 years because we might not know what will happen and technology will evolve at that time. Maybe there will be a certain process that time to crack anyone's bitcoin wallet so it would be unwise to hold bitcoin for that long. If you were to hold it, hold only 30-100 btc not more. Also, always remember to take profit.

aceptamosbitcoin

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Nope. For few reasons.

1. Nobody can tell you what will happens with BTC and other cryptos in 20-30 years. Just look 20-30 years back and the technology now.
2. When quantum computers become publicly available, 100 qbit quantum will be able to crack any private key with a blink. The protocol and security measures will need to be changed in advance.

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Quote from: nethan1btc on August 06, 2017, 06:04:34 PM

Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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.

To give you a sort of advice particularly you are newbie here I guess most of the information might be helpful. I wanted to open up a better opportunity which you can appreciate well, so making bitcoin as a lifetime digital assets is a trusted and reliable investments for your pension or whatsoever you have and before reaching that time of getting old in the future; start investing now and hold a bitcoin value in your wallet.

Actually that is true if you want to earn and have a more profit you need to consider to trust Bitcoin by holding it until the price pump. But if you have doubts on Bitcoin it okay if you consider on making a partial investment on Bitcoin as a form of trading or simply holding then make a portion of it that you could used in the form of fiat so you could possibly earn some and make profit out of it and you wi not regret on not believe Bitcoin just like other people did in the past few years.

SaShiRaJaVu

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Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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 am not sure whether you could conceive this as a pension scheme unless you were able to mine the coins when the difficulty was really low but one thing i expect is that if you are holding for a long time then the price could help you settle down for good,these are just speculation and if that happens then it is well and good.

bluefirecorp

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Quote from: BTCbengi on August 13, 2017, 09:12:45 AM

Quote from: bahandhi0508 on August 06, 2017, 05:51:23 PM

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.

Bitcoin does not know your age so when you are 60 you can still join it. All choices are yours. If you decide to continue investing in Bitcoin, you can do so until you die. Or you can invest now and hoard a large amount of BTC for old use. BTC is never reduced, so you do not need to worry

Obviously bitcoin has to do nothing with our ages. It is an open investment for all type of people no matter what is their age, colors, caste etc. Indeed if you will invest into Bitcoins at present, they will pay you off in future by returning your investment manifolds more than it.

Palmier

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Bitcoin will outperform anything you know in term of rentability, so put everything into it. The retirement pension gives very little returns for a great investment all your life long. Better put them into Bitcoin.s

krisnt80

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Usually people left for their childs money, house, cars, in the future they may left bitcoin instead money or others materials things, the fact is that bitcoin is being used as store of value for some people, and till now they are making good results, all people which had invested had been able to roi already, some people will be able to retire before reach the time and age needed to retire.

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