Bitcoin Forum

I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.

Description of the experiment:

"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:


How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "

He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?

Does make sense and seems to be working well for him so far.

I probably wouldn't put all my eggs in one basket though. I mean it's likely the currencies he has invested in will continue to grow but there are no gaurantee's off course.

Perhaps it might be a good idea for him to take out like 10% of the $27k to re-invest to diversify a bit.

One currency that I absolutely hate with a passion, it's the worse crypto on the market becaue it's everything a crypto shoudn't be. (Centralized, controlled by the banks, etc..) is Ripple. As much as I hate the bastard thing, there is one thing that I realized. They have cemented themselves with the people who currently control the global economy, the large banks. Notice the recent ADVERT on Ellen with Ashton Kutcher "donating" $4million using Ripple.. that's because the same skanks that own the big banks, also own the major TV networks. So that whole thing was staged. I think even though it;s a horrible skanky currency, I suspect it is probably a good long-term investment, purely because it has the backing of the people who currently run the economy. Perhaps your friend might consider investing a little on ripple for the long hold. Pluse a few good alt coins just to diversify his risk

It's a great idea until it isn't.

Everything looks amazing when the percentages are big and everyone is making money, but there's no substitute for careful planning and investment.

Sure, a $50 bet can be fun, and a $100 investment that doubles, then triples in a short space of time is even better but don't gamble too much.

Scalability and decentralization. Basically, the thing that makes bitcoin bitcoin is what makes it weak. Decentralization is cool on paper, but every revolutionary project needs guidance and one genius man behind it (Steve Jobs anyone?) The second thing is scalability. In order for bitcoin to be mass adopted, it needs to become scalable AF. However, this are not failures that will bury bitcoin. I'm a true believer and I see a very bright future for btc.

If bitcoin goes $100,000 then it will be grandiose retirement. Well we can never really tell. Bitcoin is volatile. We can't predict how this is going. But its a really good investment. So far, many have reaped the benefits that bitcoin has brought. But not many got lucky. Some people who lacks the tactics in the bussiness of cryptocurrency wil tend to fail. But who would know when to sell and when to buy? Who would know you bought at dump? Or you sold at high? When the price is continually fluctuating.

Keeping some of your pension funds in cryptocurrency is  a great way to prepare for your pension without much sweat. Cryptocurrency has proven over time that it increases in value when hold for a long term, and savings a little amount of your disposable income to cryptocurrrency will in few years yield a good return.

Before it to plan ,your basic moves is to acquire more knowledge and skills because the votalite price and unpredictable will guess game ,if you want to play some of your money ,,aside from that since is decentralised f your loss your money, is enough to say sorry for that,will not back again,

Well, for the normal people that have a normal Job, surely it is an awesome move to put aside 10% atleast of their stipend and buy bitcoin/crypto for the retirement. I think at that as a (relativity)low risk and high reward for 20-30 years from now. And if you have some more money to spend, put another 5% for your children or familiars ;)

The idea of setting aside for retirement purposes is perfect. But I am just hesitant on the idea of putting everything in crypto. Probably you need to look for other investments which has lesser risk and invest a portion with crypto. Yes, crypto has a higher returns among other investments. However, it has also the higher risk. So there is also a high change that everything will be lost. So better diversify to secure your retirement funds.

Just remember that Bitcoin is still highly experimental and a high risk investment. You cannot follow this strategy and think that it would be solid enough to carry you through to pensionable age. A lot of things might still happen, until your friend goes on pension. I will also adapt the strstegy a little bit, by only buying when the price is low. Do not simply buy, when you have fiat currency... wait for the price to drop and then buy.

You can keep that cash in your Bank account, until the price drop and then you buy a lot more, for the same amount.

I really want to stay at crypto currency world,  it is really a nice investment and i can also say a field of work.  During 3 years of my life ive been looking for a job that is suitable for students but i cannot find one,  then my friend told me about bitcoin and now Im earning with this.  In the near future I am hoping to stay at crypto world and I know I will because it will be our future

I think waiting isn't the best decision.

I would advise you to make regular monthly investments instead.

With this way, you'll be able to benefit from the price drops as much as the price hikes. I used to* invest %5-10 of my monthly income and I did it for nearly 1 year, maybe more. I also have great results by doing so. I am still holding my FIAT which I earned before and like you said above, I am not letting them go till btc  goes a lot cheaper than what it is now ($1-2k cheap).

Point of the story is; as long as you do it on a monthly basis instead of doing all-in all-out with all your savings you previously had, unless bitcoin gets completely destroyed somehow which is a small probability but still exists, you'll be fine.

*I said I used to because since last 2-3 months I am now doing it with %100 of my monthly income. Achtung! Not recommended for everybody.  8)

The story just tells me the moral that holding the bitcoin is best option all the time.   ;)

Off course everyone here knows that holding BTC can give us heavy ROI in the future and that is why most of them do suggest it all the time.

As of the retirement any mid age person if do start saving something in the BTC from today then also he can put almost more than 50K USD of his own savings and on top of that ROI from the bitcoin would be at least 5x of that as it is expected that BTC will always spike in the future. So yeah its good idea.

If 1 million dollars is like the one Bitcoin said, then I can keep an eye on retirement. No pension until that time. A nice holiday, a phone or a computer. If I get lucky, maybe a car.

Investing in bitcoin for your retirement day is not a bad idea.
as long as i know, cryptocurrency has been increased over the years.
if you plan to save bitcoin for your future, the value of your investment will be increased because you save in bitcoin.

I think for me I will not choose to retired to my career to full time the bitcoin or crypto because all we know that crypto is not stable so I do not give my full trust to give up and to invest all the things that I have like my regular job because for me even the bitcoin is stable or not I will choose to have a multiple sorce of income as long as I can manage my time. It is hard to make a decision that you know you will regret. Always choose where you are secure and safe. I'm not saying that you need to be greedy but remember that you have a plans and goals to your life that want to achieve.

If i have a great numbers in bitcoin,i also eyeing on a great retirement.If you have a great numbers on bitcoin,there would be more assurance and financial stabilty.There we no worries about on how to survive in our daily life.In that matter,we can surely enjoy retirement at the specific time.Having a great retirement means not only having financial stability but also spending more quality time to our dearest loveones.

For retirement, the bitcoin should rise much more firmly. Also, if all the moves you make are correct, you will retire. It seems difficult to continue with movements like the last one.

That's true but thanks to the risk you can get a very big yes? eras the price of niesety is not high and it is falling all the time but as for me it's a good one and it will be a good price. Now I would just invest.

Without a doubt, any long term investment portfolio should have to include bitcoin in it, simply because it is a good store of value and is dissociated from the traditional banking sectors. And that's why a lot of investors, including myself, are involved in investing in bitcoin.

I would definitely say that putting away a sum of money each week or month into bitcoin, in order to save up for your retirement, is a good plan to have.

However, I would still diversify my portfolio simply because you don't have any source of income when you retire. If you don't diversify, then you're essentially relying on bitcoin to be in a bull market when you retire, which isn't always the case.

I only see the future of bitcoin that I see in the future bitcoin price will be very expensive because bitcoin has a limited supply of limited and bitcoin has a very high demand that makes bitcoin will be expensive from year to year.

I also have high hopes in bitcoin that it will really make the best trademark in the near future making its price very expensive.But since bitcoin is still not yet fully adopted,i believe there is really no assurance what will happen in the future so as much as possible we have to diversify our portfolios to prepare ourselves for its best or its worst.

I really welcome the idea of saving bitcoin for retirement. Basically, I have started saving up for it not quite long. Now, the world is going,  technology and every sector is growing,  since cryptocurrency specifically bitcoin has a tendency to have a higher returns in the long run, its advisable to purchase and store them as a retirement fundsnor even as a form of inheritance.

It is a good experiment but it is also a risky one, many of those investing in cryptocurrencies can afford to lose their money if something goes wrong but it seems your compatriot will really need that money in the future since he is thinking of this as a retirement account and this means that under the wrong circumstances your friend may panic and sell at a low price and lose most of his profits.

I don't think that you can expect the rate of growth to be steady, especially not anywhere near the 2017 growth rate because that was growth in the middle of a bull market - of course that is going to be completely over the top.

However, using bitcoin as a way to store your wealth for your retirement is actually a great idea.

Saving fiat for retirement, in a bank is completely nonsensical given inflation and the peanuts you get in return as interest. You're losing a lot of value overall. Therefore I would definitely save some of my personal wealth in bitcoin for the long run, if that also means retirement.

To this you are thinking or considering, I would say I think cryptocurrency would stay on because technology is getting modernized daily and it needs more easy way of financial transactions. I would rather you consider not invest everything you have and expect %100 growth in a week or loaning money to invest.

bitcoin for your retirement day is not a bad idea.
as long as i know, cryptocurrency has been increased over the years.
if you plan to save bitcoin for your future, the value of your investment will be increased because you save in bitcoin.

it's a good strategy to put aside some of your income in cryptocurrency.However, what happened in 2017 won't happen again (from my perspective) . people easily made 5-10x from investing in one or two coins . Nowadays, it's risky to invest unless you know when to enter a trade and when to take your profits.

Well as for me, it is really a wise move to diversify your portfolio, like investing some into crypto while the other part would be invested in the bank as well, because there is no assurance to what will really happen in the future so better be ready for anything.

split our money into some portofolio make it safe.you right that no one can guarantee our money.each invesment have their own risk with different yield.for example bitcoin and other crypto currency invesment has high potential reward, but has high risk to.split our money better to us.

I would agree to the many people saying that it is not recommended and really risky - you are risking you and your friend's future easily in a wrong decision.
Only put in money and invest a percent of your money to cryptocurrencies which you can afford to lose, I would still stick some money to traditional pension aside from the investment portfolios if I were you.
Only God knows what can happen, bitcoin may soar or may fail; but whichever, at least you have assurance with your finance in retirement.
Bitcoin is very unexpected.

Well if you think that will work then it's fine. For me, the main thing to think about before investing is a nest egg or an emergency fund to fall back on in cases of dire need. It might take a while for you to withdraw your holdings. If you have these funds ready then i guess a fixed percentage will be fine to start investing in.   

I still believe that greater bull market will happen in the future, this may not happen this year but soon people will come and adopt the system of cryptocurrency. Investing on this market in long term is good and profitable, you can put some of your retirement fund in cryptomarket, take the risk and see what will happen at least 5years of holding.

i think 5 years is too long dude.we can use our money in our other business if return of roi reach until 5 years.except we use unuse  money from our saving.one or two years maybe best time roi for cryptocurrency.

bitcoin established a good reputation in the cryptomarket and also many huge investors sees bitcoin as alternative form of investment so as long as bitcoin is there use that opportunity to invest and save. Also let us do not limit this topic to bitcoin it is better to say that crytocurrency.

For me, as long as you still have secular job, just continue working. And make bitcoin as your part time. Yet when you see that your earnings in bitcoin surpassed your salary then start building bitcoin investment to retire soon. Atleast you will come to see the stability of what you entered to using bitcoin.

Bitcoin is very risky investment but although the system is like that there are still a huge of people trying to invest to it because they can gain a huge of profit from this. I think that in having a successful or failed investment to bitcoin is depend in the coin holder or investors. We as a one who are handled our investment, we are the most responsible in any actions or movements that we do. If we are going to failed or success it's depends on our decision that already made. However, the right timing and strategy and of course presence of mind are needed here to make our investment successful.   

Bitcoin is no doubt the best modern form of investment. ROI in Bitcoin is much more as compare to traditional investment schemes. Banks hardly give 8-12% p.a. and we could hardly double money while investing it for more than 10 years. But the case is not same with Bitcoin, Bitcoin has shown a tendency of 4-5x the investment every year. So you plan seems good. Even if not targeting retirement, person can even consider Bitcoin as saving and make good money.

You can still work at home if you knew about cryptocurrendy so i do not think that retirement on your job will be the end of the line for you because you can always work at home since cryptocurrency is giving everyone the opportunity to live a wealthy life.

right, bitcoin is only a small part of cryptocurrency, and there are many coins and other altcoins as bitcoin supporters. lucky we already know bitcoin at this time, so if our income smoothly then we will have new business later and it can be used for our old time

People have discussed about such planning many times. It has come to my attention that most of us are trying to create the wealth out of the bitcoin and then have it as retirement gift for life that we will be left with.  ;)

Off course investing into some coins which can be good hit for the future like BTC, ETH, EOS etc who can really really help us make the retirement just exciting. I am just keeping 10-20% of my earning into the crypto which I believe will be sufficient enough in the future.

The bad thing for me is I do not have a stable job for me to spare some of my incomes like what is said, I will make 50 dollars in 5 working days for my current situation so it is merely impossible and that goes to my bills and everyday needs. I only kept my bounty tokens and wait for them to boom. Also I am mining ether daily so I guess I would pt my like to it until it goes to 10k USD-hope so coz that would really mean bigtime.

It is even more idea if you invested in Bitcoin instead of anything,that $50 amonth of yours might be multiplied by ten at the time of the retirement meaning thats$500 a month and you are at the age of 35 now means after 20 years thats 240 months so when time comes that you wanna sit and relax being retired person you have $120,000 in your wallet and i guess thats enough money while waiting to permanently close your eyes

Depends on your allotted capital if you can afford to invest $100 for fun and just a tiny percentage of your total income then it is fine it always depends on the type people that we are talking about, but hey that's great idea just like putting some tiny savings to your investment portfolio not just bitcoin but a diversified altcoins and tokens having the potential to make a decent income on the right time.

If crypto will be developing in future like now, making any investments nowadays could bring income which can be even equal 10 or 15 times more than we had invested in past for me.

It's very good idea.People from various country ,use your strategy.If you had try this strategy,after a year you will have huge amount of bitcoin.Every month their may be some fluctuation ,use that dip to inverse part of your salary.You have to hold it atleast one year to get profit from it.

thats was very good
investing in money for riterment was good, getting a really nice early pension with having a big pot can making a suitable life to enjoy after all

Definitely and it will more likely happen given that there are more activities related to cryptocurrencies and blockchain technology every now and then. There are so many seminars and conferences and even the consensus that happened recently in which thousands of people have attended which would mean that cryptocurrency is here to stay. If I may suggest to OP, invest in cryptocurrencies that has proven its value over the years like bitcoin and ethereum because they are here to stay.

Some cryptocurrencies may be worthless after a few years but those coins will stay and if he plans to invest in a cryptocurrency other than those two then it would be better if the coin has a reputable company backing it up. One of the coins that I saw that has a real company is Cybermiles. Your idea is good in investing in cryptocurrency for retirement and I am planning to do this too.

therefore we who have a small income do not be discouraged, although we can not invest in bitcoin. but we can still invest in altcoins that have enormous potential such as eth, neo, litecoin and others. in this way then our economic life will be better.

If that person can make more money out of its investment every months then there is no problem on the matter, since he is relaying on his pension for his daily needs he needs to make progress out of it...

Bitcoin as sole currency is the only way I can see it work.

Sure, there are certain interesting altcoins out there, but none of them managed to give me even one glimpse of being worth to hold for +5 years. Why would I put money in a coin that doesn't provide a fundamental purpose that is viable for at least +5 years? Ethereum is what a lot people consider to be a coin worthy of holding for the long term, but I see too much risk there.

Ethereum's main purpose right now is functioning as platform for ICO's, which governments are somewhat cracking down on, and it is also going through a massive hype phase. At some point the odds will stack against Ethereum, and when there is nothing else that it can rely on, the only logical result is that it implodes. Ethereum needs to find another value contributing utility use before the ICO hype fades.

People's main mistake is that they consider Bitcoin's price to be high and based on that think they should wait. People made the same mistake when it was $500, $1000, $2000, etc. As long as the massive potential is still there, which is definitely the case, then you can and actually should put some money into Bitcoin on a monthly basis. It doesn't matter whether it's $10 or $100 or $1000, just whatever you feel comfortable with.

You can consider bitcoin as your old savings as retirement after the end of the labor you will sell it and use it to live your old age if you do so will make you braver. when it comes to bitocoin

Judging from the latest news, Bitcoin Cash (an improved copy of BTC) will prove to be a worthy competitor, which in the future may be more popular than Bitcoin.  ;)

Where do you get such messages? BCH Does not even approach the BTC amount. As for me, for the present day, the second equity on the market is ETH ...

Bitcoin is an asset if u handle the profits and wait with patience we cant expect overnight riches once we make steady profits it is better to liquidate back to banks

For cryptocurrency investment or bitcoin trading, retirement is not a problem because there are a lot of people today who are still interested on bitcoins and if most of the people will just continue to work on the market and in ico's then there is no doubt that you will still earn a huge amount of income for trading in the market while you are retired on your job.

It is a good retirement saving plan but I see slot of persons today just spending and lavishing all they earn from the cryptocurrency world. It really  doesn't matter the age you are,  setting aside some savings for the dry times and also for the future  is really the best thing to do;  will even help you to stay afloat when the markets are red too.

It is not easy to save in my country. BTC gives you a lot of cool options. Unfortunately, I do not save even in BTC so much I need it but I do not give up :).

What can drop bitcoin from the pedestal? Most likely, either an innovation of the same level as himself, or a vulnerability that will deprive the bitcoin of reliability. Coins with several new minor parameters are not enough to undermine the positions of bitcoin.

Yes we have to discuss the whole cryptocurrencies when discussing the field for our future investment and as a business but we have to keep that thing in mind that bitcoin is not a small part of cryptocurrencies. It is right that among all the coins bitcoin is also a coin but still in this condition bitcoin is playing a vital role in the crypto market. If bitcoin will face any siiue then the whole market will face that issue and will dump down.

For the investment as retirement it is a good option as in the coming future the coin will be much valuable and will give a huge amount of the person which will be then much easier for that person to start any business with that money.

Retirement is associated with a long time, I still have to work 20 years. This is a very long question and here is what the BTC price will be in 20 years. Will not fall to 5 $ / pcs. Either way, it's still a risk.

in fact we do not know how our future is after retiring from bitcoin, because the development is also quite fast. and that retirement we do not know when it will happen. it's better with this we have to live our life first, and save for the future.

He needs to think again and if he really wants to go for this, then must keep in mind and make a promise to himself that he will never fall a prey to panic selling. Panic selling is a curse in economic terms because it swallows your profits and investments leaving you in ultimate regret. He needs to good control over nerves and avoid all getting easily disturbed by decrease in the values of bitcoin.

It should have been better if he made it more early. Probably triple that amount that he have now or maybe more.
That is what early adopters cannot understand. They always want changes in the priceof every coin.
Why not just let it be? You are not a trader, get out of monitoring the price.

Investing. It is a long term option and not for short tempered people who likes profit tomorrow or a couple of days after putting the money.
They should really read this experience.

Although bitcoins are amazing that have got no doubt in this, but still I don’t advice people to go for bitcoins on permanent basis. The thing is, we all have to work hard for our salaried jobs and later on if we got enough money to invest in something valuable, only then bitcoins must be chosen on prior basis. So just make this option certain only when you know that you can afford that to work in part time.

Let's hope it does. The truth is that whether we like it or not, a lot of people will always prefer to leave their funds in crypto for very long due to the speed of transaction, borderless transaction and no involvement of a third party, asides the fact that you are going to be making a lot of profit on it as an asset in the long run.

Yes, we cannot tell what the future will be like, but it is definitely one worth it, because the truth is banks will never give you 1600% in a year, but at least after some time, he can diversify a little bit and probably set out the main capital $50 x the number of months he has been paying his pension and throw it back where it belongs.

Unfortunately, as long as BTC has a very volatile price, it's hard to talk about a profit guarantee. We do not know what will happen next year, it will cost 20k $ lun to fall to the price of 100 $ ...

Well with the possibility of some coins being a long term investment that could have the potential to grow for a long time so there is no telling how much some coins will be worth if you are holding them for years to come. It's like trying to calculate how long a piece of string is when you can't see the end.

Companies are aware of that because there are certain ways that you can add Crypto to your retirement fund such as ETH.

It goes without saying that  everyone should take care of his future retirement. The state at all desire won't be able to provide us pension. Investing in cryptocurrencies is a great opportunity, but you need to combine it with other investment tools.

His rate of return is so high that it can only show that investment is the most important time to invest, and a professional investor is not likely to buy more money now than a few years ago. I hope that the market can continue to flourish so that we can have a chance to retire earlier.

Until the EMA and MA turns downwards, he will profit from this type of investment. Maybe the gains are low, but the stress is less also.

Yes, because if someone has no idea about bitcoin and how it behaves yet he already invested on it, for sure he would suffer a lot thinking that he was scammed or going to wonder where his profits goes, why it vanished just like that. Though, what OP's planning to do is a very nice idea, it is not just you are killing your time, but you are earning also, two birds in one stone.

Much smarter would be invested this amount in trade, so you can make much more and then later invest in pension fund. In other words, fast profit from trade and then invest in pension funds, when you finish your trade deals. ;)

If you are really investing 20% of your income in cryptocurrencies and you are doing it in good projects the truth is that I do not see why you could not achieve a very good retirement with your investments in fact if the price of bitcoin and other coins reach very high prices like some people are predicting, it could be possible for you to retire early.

but you must have trading and risk management skill before begining your trading.we know that trading in cryptocurrency have big opportunity , but we have consider too that it have big risk too.

Yes, investing in Bitcoin for long term can fulfill your retirement needs. Bitcoin being a promising cryptocurrency is perfectly suitable for this purpose. Especially nowadays, Bitcoin is quite low in its value. So investing in it now can prove very beneficial. That’s a good idea; we should start investing in it now.

Bitcoin investment for retirement is a good and brilliant idea for those who likes to enjoy their post retirement life as millionaire. There are so many below average people in wealth have become millionaires because of invested in Bitcoin and if anyone wants to join their club they can do with investing in Bitcoin now.

It's a good choice of investment because you study it very well . As long invested you invested in something that you know  it was last for years.  Still i believe in diversification is a must but not too much fully diversified.

You are talking stupid here. There is nothing in this world where you can find a fantastic source of income that have no loss, that have no risk factor attached or where you are guaranteed to make big moves and no loss can even touch you. This is really stupid enough to be said by some person. Everything have a profit and loss picture and we have to see both of them gradually.

I will not take a gamble for my retirement in this high risk investment. Yeah I understand that we want to have a big returns but the risk is too high and considering that it's for your retirement funds. What if it goes worst? How will you recover that money and considering that you are old enough to go for work and you need money to support your medical maintenance. Will you still take a risk? I will still invest but to the amount which I can afford to lose not the whole retirement plan.

I'm always optimistic about the future of bitcoin so I never get bitcoin when the price is under $ 10,000 I always buy and hold because I'm sure that someday I can retire and enjoy the richness of the bitcoin price increase.

Therefore plan is important. you could have allocated funds for your retirement later in many ways like gold, real estate or bitcoin. You can use it all. no one forbid it. therefore a plan is made. the plan could contain the amount of fund allocation for bitcoin or other investments. if you're too afraid of risk in bitcoin investments. then you can allocate and which is limited to bitcoin.

It is a pity that we are not sure about the price of BTC for a month without talking about the price for 20 alt. Will BTC spare after all? The crypto market will come to an end 7 years ago, but how much will it all work?

It would be great to have BTC assets for retirement. I believe Bitcoin's popularity and other cryptocurrencies will grow more and more every year. So let's see.

If you are still in that thinking if its not worth to take a gamble for your retirement in bitcoin then we are here who already tried it out.

I guess it's normal to see people that are still skeptic about bitcoin and can see that there's no liquidation or a retirement that is not being backed by government.

 Yep, your idea looks pretty good. We may have a look at the BTC chart and it is obviously that BTC is not going to drop right now. The picture looks like that a new wave is being created. We will be able to assert that it is a retracement when BTC will make a breakout of 10000$ and stay above this level. I am waiting this. Right now BTC looks much better than before.

I see that my future is bright because with bitcoin it gave me opportunity to earn money and those money will be used for my future business so if i will have enough money from bitcoin then i will just building businesses and that will give me a good source of income that will become the key for my good retirement.

Grandiose retirement indeed.. The truth is that saving up retirement in the bank does not even guarantee any return at the end of the day and a pretty good idea of putting in $50 monthly into crypto is one that is worth taking which obviously has paid up the friend.

We should not forget that this is a very volatile environment, and a lot of precaution should be taken as well, but I believe in the future and hope things get even better than where we are today to make the retirement worth it even the more, but really, it is a great plan and for that amount monthly, it is worth taking the risk.

For me it is better to put aside bitcoin for out retirement. Bitcoin for retirement is a good idea since we all knew that bitcoin price will continue to increase as the time goes by. It is a lucky person for those who hold bitcoin so if you have bitcoin try to put aside for 30% of your savings. Bitcoin is a good choice for investment when we took of long term investment. Because bitcoin is gonna be boomed soon.

When you invested in crypto currencies it will be not enough we can don’t do much more that for the development if you retired it will be much more that so do more and get more.

Why should everything be backed by the government? Governments in some cases decide to significantly lower your retirement funds, which is just insane. You work your entire life to build it up, and the government 10 or 20 years later decides that due to whatever economical difficulties, you get 25% less.

The older generation has quite some luck with how they somewhat escaped the worst case scenario, but we as the younger generation will be going through extremely difficult times in the forthcoming decades. I can't trust on anything the government does, so I have to take care of my own retirement funds. In the end when the time is there, I think that at least 50% of everything that I worked for and saved up will vanish.

I see Bitcoin as a perfect hedge, but if people are skeptic, then there are more conservative ways to eliminate the governmental poison exposure that everyone here is subject to.

Retirement i think is not a good idea if you experience negative effects from bitcoin. It is just a challenge so be patient with it since bitcoin can rise up.

1% of your income in Bitcoin + altcoin (I don't think it is a good to buy only one crypto) to prepare your retirement is up to me a good idea. Risks exist OK but only 1% of your income won't affect much your life and potential returns can be huge.

Wow... That is a pretty great idea of saving up for the future and getting your old age after work guaranteed. The thing about saving in cryptocurrency though is the risk, but over time I believe things will definitely settle and it is going to be a risk worth taking. $50 monthly is a pretty good one, looking at the fact that you really are not putting so much. However, what I would suggest is over time, like your friend who has gotten 1600% can move a bit of it into fiat so as to at least blend it up while continuing with his savings as usual.

putting 10% in every month for your investment is always a good idea because you are consistent to add some money by monthly and I am sure that you can get much profit after the investment is reach your target. and I think it is enough to put that 10% in monthly and it will work well if you can find good coins for your investment so you will gain a big profit in the end. just continue for what doing until you think that you have many coins and then you can stop the investment or you can move to another coin so you can have many coins in your investment list.

For retirement you could have the bitcoin as the perfect options guys bro. Please invest your fund on good ICO and some half of the fund on the wallet as a investment for long time bro. I am damn that you can make the profit in 10 times if you wait for 5 years from now also.
People in the age above 50 will be able to invest and make the profit at the present time as well bro.

I think you are little bit detracted from right path, actually we all must follow that buy low and sell high rule. If you are not following that rule in your investment or trading, you would be getting so big losses. So better is to live with happiness and that comes when you earn money where you have invested or traded. And that comes when you find profits through low buying and high selling.

You just did state the obvious. Bitcoin became very popular every single year and the price too is getting higher and higher. I am retiring in the near future but I don't think that Bitcoin will be the reason of it since I have a better investment and profit than investing on digital currencies but I do invest on some of them especially the good ones.

I believe that Sparkster project is sufficient to give me an ability to spend my retirement in wealth :) Sparkster believe that technology should be available to everyone.

It is true that investing your pension pot in cryptocurrencies is foolhardy. You wouldn’t want to be left high and dry due to a crash at the cusp of your retirement. But I wouldn’t mind investing 10% of the money I have put aside for retirement in cryptocurrencies. Over the long term, they have the potential to provide a boost to my portfolio.

I think the retirement money is probably the last money you get from your company or from the government. If a wise decision is made and the money invested in an asset has a good future, you are better off otherwise doomed. In my opinion, investing in crypto currencies is a good decision but in the same time, you should have a side investment like few shops in the market or a mega store as well to stay on the safe side and make your coming life comfortable.

I guess if you're putting aside money for pension then i guess the right figure will ne at least 20% of your net earnings. After that whatever you have left over on your 80% you invest on other things other than crypto currency. The smart thing is you place whatever is left over the 80% on an emergency fund you use if ever you beed a medical procedure done.

Yes that's very good Idea sir, all kinds of Investment is really good but it depends upon the trend of business specially in Bitcoin because sometimes
your profit become stack because of a price value is in a level portion not to be going up and also not going down but don't worry sir  the time has changed it is not permanently in a stable of price because the certain feature of Bitcoin is Volatile and most probably always fluctuation but the story of Bitcoin now start from January 2018 until now it was flat of price so we just wait for the good price value.

I like the first part. Over time though, cryptocurrency has proven to be a great form of asset as long term holders always end up having a better experience in the long run. Nevertheless, it is always important to take minimal risk, which I believe that $50 monthly from whatever you are getting is not really something too huge not to forego.

But at the same time, it is also important not to get too greedy when the percentage are getting rosy as that should give the OP or his friend a chance to at least diversify into other things, rather than putting the eggs in one basket.

It seems to me that if you are retired you can get more time to deal with the cryptocurrency. You can sit at home, by your computer, and trade actively.

Why not thinking about making good money on the cryptocurrencies and investing it than in real estate? It will be a very good deal - just have some different apartments and give them for rent after.

yeah it is a good idea to invest in crypto currencies. because crypto market has a huge potential of growing. and that people invested last year was very lucky because he involved the biggest bull run of bitcoin ever.

I am absolutely sure that my pension depends on the crypto currency. I hope that my children will thank me in the future for my hobby at the moment.

I see bitcoin will rise up again and continue its journey to greatness of that so I prefer to not retired and  that would be my future. Cause we all know that bitcoin and other cryptocurrency is our future. It is in demand now and the future. I think that the future of money real life I believe in this way, and the world at large a new value

Whether making money can be called a hobby. This is work. Regular work. The cryptocurrency market requires constant control if you want to save in the old years.

If you read some books about investment for your retirement it is common practice that if you are younger you can take greater risks since you have time to recover from them if you fail but when you are older then you need to take safer choices, so if you are young take a risk with cryptocurrencies, but if you are very old it is better that you do not do it or that at most you invest a very small amount of your capital.

People are earning a lot of money from BTCs but I want to ask one question because I really don’t understand how the people earn from these BTCs? If you can answer my question, I will be thankful to you as my question will be cleared.

If you are earning money from BTCs, be aware of that it can also happen to you that you can get a loss in it so make your plans to save yourself from it.

Bitcoin and retirement are related this is my opinion about this, bitcoin is a very nice thing that even a retired person can work on With using so much force, they can still relax While working on it.

I think someone can buy bitcoin at the low price before the price increase right now, I am sure that he can retire with a lot of money without confusing again about making money. bitcoin giving a way to every people to get their retirement with the money and they can retire in anytime especially if they have much bitcoin.

people can earn money from bitcoin in many ways. for example, by joining into signature camp or bounty campaign, they can earn satoshi or tokens and they can sell it to earn bitcoin. and like I say above, I am sure that people which buying bitcoin in the earlier time when bitcoin is not worth, they now make a lot of money.

If the rate of income/earnings is regular, then setting aside a particular sum per month or even weekly is a welcome strategy to having something to fall back on/retire with. But when it comes on and off and not in a consistent amount, it can be hard to meet up with the savings target. But I do know of keeping aside a good sum aside whenever an income comes in.

I think it's more on money management.Even how small your weekly or monthly income,if you really know how to save wisely,then you can possibly come up with a bigger amount for future retirement.But with bitcoin,even there is no fixed amount of income,rest assured that you will have a big profit in the end especially if you trade and hold for long-term investment.

Bitcoin is a potentially cryptocurrency, bitcoin values are also more likely to continue to increase. Bitcoin can benefit as a pension fund in the future and in old age we can live quietly.

Bitcoin and retirement are actually good to be partnered since you can work at home by investing immediately and start trading in the market, from there you can earn profit by trading in the market.

I won’t really try putting my life savings into Bitcoin, no way! It’s a very big risk for anyone that does such a thing and I can’t risk it. I know a friend of mine that did that and ended losing more than 50% of his money. Best thing is to divide the money and make use of about 20 or 30% for Bitcoin investment, save the next 30% while you make use of the remaining percentage to start up an offline business.

No doubt that is too much risky if a person will put all his pension in crypto trading, but I think that it is depending on your experience if you have already good experience in crypto trading then you can put some percentage of your pension in crypto trading, from which one can make a good profit in a short time.

This is a very correct approach. But for the purity of the experiment you need to withdraw part of the profit and invest in other assets. For example, in real estate. I think that this approach will allow to save the maximum capital for the pension.

Future seems bright :)

haha


You can for sure plan your retirement with bitcoin and cryptos... I read an article somewhere long back that a man made 21 millions in btc ; cashed out 20 million for his retirement and kept playing crypto game with 1 million


Could be an effective strategy / goal ?

We see our future, we know we are going to retire after a year or decade. We are going to this stage of retirement. We cannot settle for retirement, but we can invest to have a good retirement. Bitcoin is one of the best to invest on today, we can see how bitcoin is going for our innovation. We can invest now to have a profit or income.

I believe the technology gives you opportunities no mater which stage of your job or life you are. If you keep the crypto game going along with your job, you are better off playing it for long and long term investment gives you good money to use in retirement. Once you are retired, you can still go with your crypto journey now full time and can have a good break.

It is a risk I agree but without a risk there is no profit. The problem is the uncertainty of what will happen in a year, two or more. My pension will be in 25 years. What will happen to bitcoin in 25 years?

In crytpo currency there is always a risk you will never know until you try it, you must have a 50% of saving money in a bitcoin and the other 50% is in your hands so that it would not affect on the status of your life or let say it will not affect on the financial status of your family.

Hmmm… experience can reduce the rate at which you’re likely to risk losing your money, but that doesn’t mean that loss won’t still occur, cause none of us knows the future so we can’t make 100% perfect predictions of the price of Bitcoins and which direction it is going next. But skills and experience still matters a lot in everything we do… though I don’t really need to mention experience but skills more importantly.

I am way too young to think about it but actually I was and so my opinion with current is a great opportunity to all ages

Way too young? Good thing you could think about it as a great opportunity for all ages. As long as you can post on this forum, you have a signature on your profile which obviously means you can make decisions, then you are not way too young bro. Time waits for no one, you are still going to get old, and from the look of things, you being young gives you even better opportunity than someone who is already in his 40s or 50s. You can still start saving for your pension now from the little you get and storing it up, and you'd be surprise what you would be worth by the time you are even in your early 40s.

Bitcoin is good and there are lots of things it has to offer. But if you’re going to use it as a means Saving or investing your pension, it will be better you put in mind the fact that it is very risky. That’s why you will see lots of people today saying that if you want to invest money on Bitcoin it’s best to invest any amount you can afford to lose. So if you’re going to do that with your pension, I suggest that you so so with just a percentage of your pension that you can afford to count as loss and forget about it in case anything happens.

In my opinion, it is kinda risky to be putting my retirement fund on cryptocurrency, as we all know, cryptocurrency is very volatile, so it could make or break the outcome of my retirement, for me, because I believe in cryptocurrency, I would hold part of my money in cryptocurrency and part of it in banks so that, whatever happens, I could have the best of both worlds.

We cannot predict what will happen next.For now bitcoin is a big help for us financially but we cannot tell what will happen tomorrow.It is our responsibility now on how to save bitcoin for our future.

I really doubt the future of bitcoin, you can see that bitcoin prices are constantly fluctuating and difficult to guess. By the end of 2017, bitcoin price is approaching $ 19800, then at the moment, bitcoin prices are at $ 7600 and are on the downward trend. In the long term, bitcoin prices are still bearish so you should consider investing in bitcoins.

It seems very interesting and profitable but I will not gamble my retirement plan on this risky investment as I don't have no assurance that the price will reach that high once I retire. I will still invest but to just a small amounts enough to my level.

Regardless of the details, if you have your money only in one market you limit yourself and are forced to stay passive when that markets correct, therefore you should split your funds at least into three baskets like Cryptocurrencies, Stocks, FIAT. This enables you to constantly buy when the one market is low and sell when another market is high.

You can use whatever method you like, bitcoin is a currency so all the methods available to earn fiat are available for bitcoin as well, you can take a look at the goods and the services section of the forum and a lot of people there are earning money selling products for their services, some earn through trading or investing while some others earn some extra money through signature campaigns, which method you choose will depend on your skills and your desire to make money through bitcoin.

Well I really think that it is good to use your retirement money on cryptocurrency. However, take note that the point on when you are investing is really important since crypto market is really volatile. Cryptocurrency is profitable and risky at the same time. It can make you either rich or poor. So, it is best to make a sound decision before investing since you will be using your retirement money.

I agree, but without risk you can not gain much. It is really an experiment. The investment does not exceed 10% of the monthly income. Its not so many.

better collect from other source than using retirement money for investing. maybe for some people they can not accept risk involved. but we know that no risk no gain.better take small risk for big gain.

it is actually the perfect option. Although, some people may be a bit skeptical about the fact that no one knows what the future of bitcoin is like, how things will end up playing out, but at least from some of the hand writings on the wall.

For those who are smart enough to take some calculated risks, I want to believe that the future is bright and a lot of development and growth is going to eventually kick in the more. By the time one may not have even reached retirement age, you may even just want to quit and say you aren’t doing no more based on how much you may have been worth by then.

I do not see any retirement here.Once you are able to acquire good skills in ether bounty hunting or trading,you can always use those skills even in your old age.There is no physical energy usage so no matter how old you are,you can still work without any problems.

bitcoin has limited supply and bitcoin has a very high demand that makes bitcoin will be expensive from year to year. I only see the future of bitcoin that I see in the future bitcoin prices will be very expensive

it seems that if you want to get a pension fund from bitcoin it will not be able to because bitcoin can only give advantage when you are still trading, when you are not trading then bitcoin will not be able to give advantage for you.

maybe he can get retirement only if he has much bitcoin in his wallet so he doesn't have any problem to withdraw in any amount of bitcoin because he still has much amount. I think we can try to collecting bitcoin from now and keep doing this for one year or more so when the price increase higher, we can try to sell it to make money and if we can do this, I am sure that we can retire with a lot of money.

Will i think bitcoin is a good way saving your money till your retirement. Infact if you hold your bitcoin in many years there are big chances that when the time comes and you get retired and the bitcoin is still alive then you are a millionaire. Because every year bitcoin grow and grow

And I think, for me, that is the good thing about Bitcoin. When I will be retiring to my job, I want to still working even if I am just in my house. If I get old, I don't want to be a burden to my family and my children. I will continue to trade my Bitcoin and my other crypto currencies since in that time I don't really have a thing to do except from a lot of maintenance and time for my family and myself.

10% of 540 is 54$ to he exact so does mean its more than what is mentioned the gaining from investment,such a good number and hope this is true and happening in real life,because 10% of monthly income is big amountbif you have a normal count of family member,if youre children is studying and you lifestyle is minimum living.

But still nice experimenting hope you can really apply that to life and so you can put some proof here for transparency

I do not think that I will stop doing this in my old age, because then really there will be a lot of time to do crypto :)

In my country I know that my generation would not have money paid to them when they would get retired anymore, so bitcoin is an exit

bitcoin is unlikely to be used for pension funds, bitcoin moves if you are trading bitcoin and your new altcoin can benefit. if not you your movements will not be able to benefit.

Wow… Dogecoin🤔 it’s been a long time since I invested on Dogecoin. I don’t even know anything about it right now, I also don’t see anyone talk about it again. When I got into crypto investment as a newbie, I started with Bitcoin and Dogecoin, and later added Litecoin to my portfolio. After my first year, I decide to quit Dogecoin and continue with other ones. Bitcoin is the best, but I’m not going to rely on any of these so much. There are more important things to focus on than that.

Yeah, a very good one. Gone are those days when you just put your funds in the bank and then you eventually realize nothing is even coming in it for you. There is a great potential for bitcoin and with that kind of amount even if it is little than that, obviously can become something to settle with as a retirement benefit in the long run.

It is a huge risk as well, and this is the reason why one may not have to keep saving everything and probably some little bit of diversion of certain percentage into fiat, but in the long run, this pattern with bitcoin I believe will be worth it when all things end up being equal as expected.

Bitcoin is my passion and i work here till i gain maximym Bitcoin to make better my future after retirement and i think Bitcoin is the way where you can earn maximimu to live better life because there is hard to survive upon low rate of pension.

I think though we do not know if crypto will last so long but even there is no guarantee here as it turns out to be no good anymore we still need to take a risk here because we can do only that is affordable for us to lose so we can easily accept the situation here so it's better to take the risk here like business in real life.
but I believe crypto will last long because crypto is technological progress.

Retiring is not a problem if you knew about cryptocurrency, there is no need to invest as well because you can work here in this forum and promote different ico's where you can earn cryptocurrency to start trading in the market or just hold your coins and wait for the highest price to come out in the market.

Bitcoin is definitely one of the best options for anyone who is actually looking into retirement plans in the future.
I am sure a lot of people may actually want to be a bit skeptic as to what the future holds for the market in general which is good but at least it is worth the risk and since it is not like you are putting all your savings entirely makes it great.

We do not know what the future would be like in the next few years, but from where we are today, i believe it is going to be a great one, so it is a nice move and at least the imagination of what the future brings, will compel you to keep going on.

If you are young and you are dedicating an important part of your income to save for your retirement and you are considering cryptocurrencies then the most likely outcome is that you will do fine and that you could be even able to retire early, that is a topic in which I'm deeply interested and yet people of my generation do not care about it when there are many studies predicting that people from our generation will be unable to retire if things keep going in the current direction.

Bitcoin is always a good option for todays era, it profitable in so many ways, For the retirement period, before investing to crypto please always assure to make safety of your investments, choose the right coin and always calculate the risk you will be taken to.

Retirement is past.. persons who are hoping for that to have money live with closed eyes, want money - work hard, it is a truth of future

I guess this could work in the medium to long term because cryptocurrencies are a far better investment when they are done with long time periods. However, i believe this could still be optimized by not blindly investing a certain amount monthly. As we know, crypto is extremely volatile and a little optimization you can do is actually time your monthly investments at points where crypto is in a downward trend. Take some time to look at charts and all that, it shouldn't take up your time but being able to see the peaks and valleys will help you asses if the time is right to invest.

I don’t see myself relying on bitcoin for my future. I’m just using to kick-start myself, my business and also help my family. Bitcoin is really helping in lots of ways. I don’t plan to be here all my life, there are other better things that I’m hoping for,but till then I will still be working on bitcoin. I’m not trying to say that bitcoin is not reliable, you can be lucky with it. It is something we are not 100% sure of.

Lol…dayumn! Not only in your country does it happen, it’s happening so many places even in my own country. When people retire from their government work, getting their pension is a war, that’s why it is not something to rely on. Bitcoin is good, but I’m not trying to say that you should rely on it fully, but start working on your future from now.

Retirement is even the best time to deal with bitcoin and the cryptocurrencies. You have no need to hurry to your work, you can spend in the crypto all of your free time, and you feel relaxed as you also have a stable income.

The thing is that no one actually knows when it is low most of the time and when it is high. Although, there are sometimes, like what we saw in the bull run last year that some things are not warranted, and in that case, one may as well just use wisdom in buying which a lot of newbies did not. As long as you are not joining FOMO, I always believe anyone buying at that time, is buying at a good value, and for those who are actually looking forward to the future rather than the present, that absolutely will never be a problem for them since if it gets lower, they are still buying anyway.

Ordinarily, investment in cryptocurrency is a risk on itself. It then obviously explains that whoever is investing in it already knows the risk factor involved. For me, it won't even be a bad idea if the person seeking retirement keeps that little amount aside for altcoins and not bitcoin. Everything kept for future use shouldn't be kept in bitcoin. For instance, if anyone had invested $100 last week on Firstcoin the person would've netted over $1,000 on that alone because Firstcoin just did over a 100%.

That would normally be an insane thing to do and a very risky one for that matter. It is everyone's choice to decide what they want to do with their money anyway, but with the way the market is; there is no point getting greedy as nothing is guaranteed and even though things are looking brighter by the day as we keep forging ahead, at least, it is always better to take calculated risks.

You are right as at least a few percentage of your savings should be enough at least to minimize the risk of any unforeseen stuffs and probably push it into other offline investments to diversify the risk.

That seems to be a nice idea. Bitcoin is become a store of value and there is best for holding it for long-term. This makes it best for retirement planning. If we a person in his 30s or 40s invest in it he can benefit from it greatly. Bitcoin has great potential and day by day as more people are becoming aware about it they are investing it in. so you can earn a lot in a decade or two. But moreover another sad part is that with a history of merely 9 years incumbent one should not make his retirement plans with crypto this soon.

Yes.You need to diversify your investments not just online but also in an offline businesses.Bitcoin is such a risky investment because of its high chance of volatility so do not just depend on bitcoin alone for your retirement benefits,but rather learn to invest also in some good altcoins that will also give you good profits in your pention age.

For me and other millennials out there have the excess point of strength when it comes to the risk-taking ability that will enable us to take a comparatively higher amount of risk than that of the people who are about to retire in next 10 to 20 years from now. Thus, I am very optimistic about investing in cryptocurrencies because even in the worst case scenario I would be in a position to recover my loss even if I am losing my 100% investment. As we all know that crypto market is still in the basic phase so I do see a huge potential for growth in the coming decade and on the other hand there is an opportunity to expect gains from speculation (but still I believe that we should not give first priority to use it for the speculation purpose in the first place).

Yes that is too much important, you cannot put all your money in one place, but should distribute it in different places so as to reduce the risk of losing your money in one time. To me i think that even we can get a good profit from online investment but still we should distribute our money in both online as well as in day business, which are prevent us from a big lost.

Yep, your idea looks pretty good. We may have a look at the BTC chart and it is obviously that BTC is not going to drop right now. The picture looks like that a new wave is being created. We will be able to assert that it is a retracement when BTC will make a breakout of 10000$ and stay above this level. I am waiting this. Right now BTC looks much better than before.

Bitcoin investment and my retirement is a different thing. It's okay to spend money, invest in bitcoin but when it comes to retirement it's a different thing. We all know that bitcoin is like gambling, risk is always there and I don't want my retirement plan to be at risk as well so I would say that it's okay to continue investing in bitcoin while you also have a safe retirement plan.

The comparison of two are far different, because retirement benifits assurance are already there, and the assurance of bitcoin sometimes comes into some forms failure and losses of capital, that's why they are unlike of situations, however bitcoin gives high privileges of income to those lucky and wise persons that knows on how to earn income in such different opportunities given by bitcoin.

The Bitcoin that I earn from campaigns, bounties and trading are invested in different ways. 25% goes to my retirement plan, I signed up to this pre-need company where I can save $48 every month for the next 5 years and I earn 10% annually plus a life insurance coverage. You might say 10% interest per year is small compared to what we can earn in trading but what I am after is the life insurance coverage so if anything bad happens, my loved ones will get something and the money invested there will grow unlike in BTC, we are not 100% sure if after 5 years price of BTC is still the same.

$48 is relatively small compared to what I earn in BTC from bounties, trading and campaigns. Other portion of my earnings are invested in stocks, I selected companies that are already established and good for long term investment.

Before you finalize your decision please  acquire more knowledge and skills regarding cryptocurrency because the volatile  price of cryptocurrency, the unpredictability of it might affect hugely  in your investment and  retirement plan.   However, Bitcoin offers  high  income to those lucky and wise persons that knows on how to earn income in such different, innovative and high tech opportunities given by Bitcoin.  If I were you I will separate the investment in Bitcoin from my retirement because the risk is always there and I don't want my retirement plan to be at risk as well so I would say that it's okay to continue investing in bitcoin while you also have a safe retirement plan.

If i have a bunch of bitcoin in my wallet i think my retirement is full of happiness because i want to manage crypto trading and some business . Then find another online income that can help me to earn a lot of money that i need if i retire in my work.

Wow amazing strategy,and gives me idea about my last 20 years of being employee.though i am not sure i can maintain that same amount but atleast i can have even small amount every payday.and added into this is my trading income(though sometimes losses)yet enough money for future .

Thanks for this one OP hope instead of some people here giving nagagive feedbacks why not try to look on positive side

Along with hard work you need to be smart so that say if you invest 1 million today and if you want 10 millions after 10 years you need to identify those opportunities which can help your money grow. This potential exists in crypto currencies.

I do not want to retire even if I make a lot of money using crypto or any other method because:

1) We should live a lively life and do work that we enjoy. If money was only thing that mattered in life, billionaires would have taken retirement. but we still have people like Elon Musk who work very hard.

2) If I succeed in getting a lot of wealth, I would like to expand it to passive businesses and use the money earned for social work. There is no value of having surplus of anything if you do not care to share.

This is a nice way to secure your future finances. Saving 10% of income falls in line with the advice given in one of the greatest books about how to get rich titled "the richest man in Babylon". So I think it is very likely that your friend will become rich with this initiative even before pension. But one important thing is that, the author mentioned that one must invest the 10%saved into a safe and lucrative venture to increase returns. So we have seen that crypto investments are lucrative, you must also consider the safety of the investment. One thing you can fo is to deduct 10% of the profit from that to invest into other things like maybe other coins or to start your own enterprise.

Will bitcoin is a great idea for those people who retired. Because people retired got huge time. But they only spent it in just sitting around in there house. But if they know bitcoin there might be a chances that they can make there money grow more in just sitting in there chair.

That's true the fundamentals of this forum has been recognised and I think we should be all aware of that and work for it to happened, and working for everything today is a good start to havea good future regaring cryptocurrency.  Planning and incorporating well constructed strategies will help us all throughout for a desirable amount of income.

Yeah, there is no doubt about that but as bright as it seems, it is always still necessary to always take into consideration the possibilities. We may see it to be bright today but anything can still change, I am not trying to be a pessimist but a realist and in a business, being a realist is the only best way to always make good decisions and not be blinded by the current situations. I am bullish long term but at the same time, it is always necessary to be smart with investments or savings.

As I do not expect any pension in my country when I get there (thank you, government smh...) I really hope to gain enough earnings from crypto to save for older years. Or at least to get to run something that is rentable.

I think if we can make a lot of money like that person, we can retire from the crypto and if this is happening to me, I will build one business that will help people in out there so they can also make money like me. but I think I don't want to retire from the crypto as I see I can get much money from the crypto. I see that with crypto, I can get something better for my life and my family. and as long as I can get involved in the crypto, I want to still continue to make money.

You can clearly see that with great applications of bitcoin, bitcoin will be the currency of the world. With absolute security, fast liquidity and unlimited hoarding capabilities, I believe that bitcoin will be the currency of repackage. You can completely invest in a bitcoin on the potential value that it brings.

Sounds good but I envision my retirement to be more relax and more layed out and hopefully planned. Retired people
can get into crypto since time is not an issue, but health will be. Before retirement it might be a splendid idea to invest
in a lot of investments that tend to pay off later, a long term type of investment. Cryptocurrency could potentially be
a part of that particular investment. Hopefully my retirement ends up interesting and fulfilling.

I read at somewhere, who have Bitcoin will be richer :). Maybe it will be good situation for us.

It is a whole lot of risk but actually is one crazy risk that is somehow worth it anyway. Everyone do have the way they approach things and we do have the mind of taking risks more than ourselves, but like you said, at least there should still be a plan for the short term so as to be able to lower the risk of anything happening in the future that may be hard to account for.

I know over time, the possibility of the pension to have increases hugely is there, and at least channeling some part of it into other businesses can really be of great help.

I think your ways are a great idea of investment but put in mind that Bitcoin is still unstable. It constantly fluctuates so basically it is very risky but I think it is worth it. Know that there are some pros and cons too. I actually planned my investment the same as yours, and also 10% of what I earn.

In the current economic realities of the world,where some countries are even unable to pay salaries to its workers,talk more of retirement benefit' it will be pertinent one think of alternative,and fortunately i have found one which is BTC, with bitcoin the future is bright for me and those who will believe in me.

This is bad situation. Do not you guys have old people insurance? You can search about it on the internet. Also you are right about the profit that can be earned in crypto. It is an easy way to earn some good stacks of dollars only if you are wise enough and have some good market skills and knowledge. This way, you would be able to have a good retirement vacations in Mexico if you follow the golden rules.

This is the best and most practical way to spend your wealth. Business or Capitalism will give you a lot of experience in the market. According Robert Kiyosaki "Dont work for money, money must work for you" Doin any kind of business is great but remember that this must have a serious planning because you are risking your money. Marketing and sales is the most important skills to be learned in doing any kind of business to ensure the success of your assets.

Well governments have different take when it comes to retirement so for me, it's better to look after yourself by saving up for that time. And i'm thankful that i've learned about btc since it became an additional option for me to build up for the future

Bitcoin and Retirement are two areas where there are special and separate specialties such as retirement, which is the amount of money you will receive after you retire from working age under the law. Also invest in bitccoin you will receive value as soon as you are profitable

I think this question is very important for all the people who invested and expected they're earnings in their regular life so the future will be question for all the Kapil uses but how we going to take cryptocurrency with the system decide the future of cryptocurrencies.

I’m not planning my future by relying on Bitcoin, that’s funny. Bitcoin is not even my main job, there are lots of good jobs out there that are far much better than cryptocurrencies.

I’m an entrepreneur and I can survive without Bitcoin. Bitcoin is just like my second job that I do on my free time, especially whenever I get home, just to keep busy. So I don’t plan my future to rely on Bitcoin. If you’re planning such, then I will advise you to desist from that and make better plans for yourself.

If small amounts are deposited in the crypto currency, then this should be a good idea. Perhaps it will all work. However, I would advise periodically also to extract my profit and transfer it into ordinary money. It is necessary to remember that investing in the crypto currency is moderately risky. It is not excluded that in five or ten years these investments can again become the same amount as at the time of their investment, or even less. You need to be prepared for different variants of events.

I agree to that, when you are making investment you should prepare yourself to the worst case scenario so you will not get disappointed when it happens. It is best for you to invest or put your money that you can only afford to lose when you retire because investing is not always a sure bet because sometimes everything might change from good to bad.

You have very philanthropist thoughts and I believe that we all should keep working until we die because sitting idle is seriously so boring. I have seen people getting bored even when they have all luxuries and as far as sharing is concerned, you don’t get that satisfaction which you experience helping some needy people. We need to even teach our children in childhood this habit of sharing things.

well for me bitcoin is not a bad idea when you're retired after all.so better save your money for the future.i continue the bitcoin because there's a chance that migth bitcoin can grow more than spent my retirement money for vacation.

The comparison you make is bad - you are talking about investing your retirement money in bitcoin rather than spending your retirement money on vacation. The problem is - you shouldn't be spending your retirement money on a vacation in any case. Personally, I would be comfortable only with investing a small amount of my retirement fund in Bitcoin.

Retirement is past.. persons who are hoping for that to have money live with closed eyes, want money - work hard, it is a truth of future

The day I let myself engaged here in this forum I decided to have this rule "once you've enter there's no turning back" and I've made the right thing because I don't know if I can afford to turn back

You're quite right mate, In my opinion Investing Is the good way to prepared our retirement day and before enter this activities. We must search first to be able to know how to Invest, by using buy and sell method because this crypto Investment like bitcoin Is more risky rather than stock exchange.

A portion of the retirement money is not bad in using for investment already so if @Godexists is going to use all of his money for investment, he surely is taking a great risks. For me, retirement money is supposed to be for relaxation after long years of working and, supporting yourself and family in expenses. We all have a choice and we can do whatever we want with the money but using all of it for investing right away might be bold move and rush decision.

Try to consider having a vacation for a while, it will be worth it especially because the money comes from your own hardwork. Do not invest all especially if you are not that familiar with cryptos.

Yes, i agree with you, continue bitcoin if you retired, you can save your money you recieved from retirement you cannot spend it because you can use your money from bitcoin if you can already gain profit from it.

Bitcoin profit will very huge amount than retirement money and that's why in bitcoin profit you can start any physical business in future but if you can carry both are so you should invest your retirement money in bitcoin because it will very profitable for you in future if you are a hard worker your life and future both will very successful.

If the person is doing his job and also working in bitcoin community then he will get much more money from bitcoin and at the time of retirement his money of retirement will be much lesser for him. While if a person is working only in bitcoin and he is storing it and will use a part of them for their living then he will spend more time in getting opportunities in crypto and he will not need to wait for his retirement to live a luxurious life.

Retiring is not the end because in that way they can have more time to invest, they can still work on bounty campaigns in order to have income monthly or just focus on trading in the market since they are already staying at home.

I have been reading a lot about that but the question is how will that occur and when? Well I think it is not possible to give an exact date when will the prices rise but of course I can say it is not impossible to get rich with crypto when you are retired and have limited fund. You can invest now and get your coins replicated till you retire and you would be an old rich guy. Crypto still ha that power it had in 2017.

This is the sad reality about this cryptocurrency mate,that even this brings us income and some becomes rich or even millionaires we still not sure what will tomorrow's bring from this cryptoworld this same thinking i have in mind since i started dealing with this

Though i had give my trust since the day i put my money for investing abut my mind wont agree about the full security i might have ten years from now,thats why im praying not to become scam victim

Retirement means different things for different people, I know people that are retired but that still invest a lot of money because that is what they are passionate about, if I made a lot of money with cryptocurrencies to the point I could retire I will still try to earn money with my investments in cryptocurrencies since being in this market and in this forum is something I really enjoy.

Exactly, you must know how to manage your money well. Remember that you was retired means that you will not get any salary now. If you are going to spend your money to vacation and there is an emergency comes where you can get now? We must always use our money in important things. We must budget if and do savings if we want to have some vacation.

As the exponential increase in price, bitcoin gives a great valuation in price and security if you look at a retired fund given by the bank then that gives you an annual interest rate of approx 5 to 10 percent whereas the bitcoin growth rate is 50 percent at the good times so its best to invest in the latter.

Will bitcoin is a great idea tto those people who retired. Because people who retired have lot of time in sitting thier chair. But if they will know bitcoin thier time will be usefull

I see my future in bitcoin by retirement and give my account to my children so that they can continue using it. And maybe i can give it to others that they use to change their life also.

Im not sure if bitcoin will still stay longer now. My future in bitcoin is ready to let go but i would not quit in cryptocurrency because theres so many coins that have the possibility to rise other that bitcoin. Maybe it is the end  of bitcoin but it is the beginning on crypto to grow more.

I don't think this is the end of bitcoin, for now bitcoin price is just falling not ending, i don't want to think that now is the end of bitcoin ,we just need to wait until bitcoin will recover again and we earn again our profit from it.

Retirement is still the mainstay of everyone in my country, pension payments in my country higher than you, we pay about $68 every month. Since the majority of the population here is a labor, then not everyone uses cryptocurrency, so to make crypto a guarantee (retirement) is not possible.
Responding to your way by investing 10% of minumum wage into cryptocurrency is a good idea, provided you never forget for other needs in your daily life. And I assume you better not to ignore away the opportunity of retirement in your country and keep paying $50 each month, it will guarantee your old age in the future.

The calculation is $50 for crypto and $50 for retirement, then you use $100 per month and if the minimum wage is the same as 2017 that is $540 then you still have $440 for your daily needs. One thing from my suggestion that should be optimized, it can all be done if you are not burdened in that way.

If you can afford to loose this amount per month, dollar cost averaging the money over time is a good way to build up a good size portfolio.  Make sure you diversify by putting atleast 50% into a strong coin that has been around a while and is stable (as far as crypto goes).

I am hoping that bitcoin would be still alive that I could have my effort from it, while I would be old. But the obvious thing is that you can save some money from your earnings in order to use them in retirement.

Bitcoin price will grow again. There is no foundation that lose its value. I will continue to take an opportunity to buy more volume. It is more popular to the people and well appreciated because earning is good from this. I have to build something that can give stable income using bitcoin so future will not be a problem anymore.

For those who buy when bitcoin prices or under $ 100 then now they can retire, but for me to buy when the price is expensive or above $ 10,000 it makes a headache, but I am sure that the future will continue to improve and the end of the year can reach at least $ 25k.

I think this depends on your current age, if you're already 53, as my grandfather. I can try to teach you to earn money here and cryptocurrencies, but if you are 13, I think it is too early to think about retirement.

Yes after being in the bitcoin they will be able to use all the spare time in making profit for their family, we before the arrival of bitcoin most of people after retirement were compel to use their time in watching movies and sitting idle but now they have bitcoin, so if a person buy some bitcoin he will not be worry about his retirement life, everyone should save bitcoin because any job will get fade someday but only bitcoin will be there to feed you then.

it will be good if you are 13 years and you can try with investment. and if somehow, bitcoin price increases then I am sure that you can retire in the young age and you will become one of the richest people in your city. you don't have to search jobs in your city, you can enjoy your life without having a problem, you can get prosperity, wealthy and your life will better because you don't need to think about the money that is important for our life.

For me, bitcoin is an investment, just like my stock investment. If I can make money from it, that would be great. Bitcoin has higher risk than stock investment, but it can bring much higher return as well. I still have full faith in bitcoin price recovering and hopefully it can help me with my retirement.

Retirement is not sure how much for a new cryptocurrency. I even its stabilized and technology in the right direction, I believe in science, and other information about the market. The real question, I believe in science and technology. The only one to have a good thing that you can do

personally for me bitcoin can be my main source income.although much people said it is to risky for me, but i am very sure about blockchain technology could be applied in several fields.

Uuhm… quite a good idea. If you like it and you feel like it’s going to work out for you,  then go for it. As for me,  bitcoin is not how I plan my future, I have something else to do… I want to be into business, not just a small one but a big business that will be making me lots of money.

Bitcoin is just a startup for me,  I’m still young and I have a long way to go in this, so I’m working really hard,  but one thing for sure is that I’m not going to be relying on bitcoin in future, I will build something stable and even more reliable.

Yeah it's too early but there's nothing wrong for thinking that as the early the better besides you can always retire young with bitcoin. We all want to live our life worry free and that can be happen if you'll have financial freedom. I see my future like this through the help of cryptos and this is much more realistic than ever.

Regardless of you are still employed or retired, here are 3 key ideas that can help you to achieve financial freedom if you can read bewtween the lines.

Depth is for people to make them slaves
Cash is for people to keep them poor
Assets is for the elite to keep them in power

If you choose Gold, Land, Bitcoin or whatever as your assets is actually secondary.

The millennial generation knows that the investment in a retirement fund is not the smartest move to gather enough wealth for after retirement due to the factor of inflation, the value of money decreases or remains constant with time whereas the value of cryptocurrency only increases in the long run.

Even though your not old enough to retire earn as much as you should because you dont what will happen in the future so it is better if you do it now so when you reach your retirement you have a sufficient money to use in your older days.

bitcoin is definitely for long-term future and we can see the profits coming in bitcoin can be used for retirement Bitcoin is worthy digital commodity we can consider for retirement

Yeah you right, this is not the end of bitcoin, you can see the current price are recover and you should know that bitcoin is still very superior, for now the effect of bitcoin is very big in crypto market, if bitcoin die of course crypto will most likely die too, so I do not think that bitcoin will die anytime soon

I agree with you on this one. We dont know how long cryptocurrency is going to stay, although it looks like it will be around for a long time. That still does not mean that you should put everything in one place alone. Like in traditional banking, for example. I have more than one bank account where I try to save money for, for different reasons. I do this because different banks offer different benefits. Perhaps if he invest his money on other cryptocurrency than just bitcoin. Then again if it works for you right now then that is your choice.

I agree with you. bitcoin and the other coin can give us a big money for retirement and we can retire without worried about finances. as long as we can follow the cryptocurrency journey and we are still trying to collect more and more profit, then in the future, we can have much money which means we can retire in anytime we want. I see that if I can still in the cryptocurrency, I can make a lot of money like other people so I see that I have a good future and this makes me wants to collect more money from crypto.

If you're thinking of your retirement fund then you could definitely set aside a fixed percentage of your income and not necessarily a fixed value. I personally put aside 10% of mine as a retirement fund. But the most important thing is to know when to place it in crypto currency. You can put it in a local wallet then buy crypto currencies when the price is low enough.

Actually the bitcoin of the period when it started to be on the market is just a gift. No one even cared about it and there were a few people who bought it so that it was relatively large. I remember someone telling me the story: "There was a guy who was introduced to a bitcoin in the first year, about 50,000 BTC at that time, it was only a few dollars."
And suddenly in 2017 the value of it is that you understand how much money it is.

With the profit i make with bitcoin, it cause to build to retire. I see myself inveting in Bitcoins and other altcoins for i know it is the money in the future.

Well I see myself as a retired software engineer. I will use my knowledge to incline it with bitcoin, so that i can invest, manage and especially help others with their struggles in bitcoin. As much as possible I'm aiming to help to become one of the developers and moderators of this forum, well if I am not able, I'll try myself to incline it with mining, so that my knowledge and skills will not go to waste.

Cryptocurrency is actually one of the alternative way have a retirement fund because in this way you can still have income by trading in the market after you retire on your job.

Having huge sums of growing cryptocurrency will be a nice retirement package indeed.Since this industry is still growing bigger by the day.It will be nice to have that huge digital wealth.The problem is if those coins do not continue to live their relevance or any misfortune happens then your pension will be very miserable since you cannot be assured of no volatility.

Yes I think it is a great idea to put up some of your money for investment and yes the returns are big because bitcoins price keeps on increasing yearly or at least I think it slowly increases year by year.

Bitcoin has a future, because cryprocurrency is the future and would be around for a very long time. The cryptocurrency ecosystem is very young and volatile right now so keeping it as a very long term store of value may not be up to me to advise u on that, due to the volatility of the market.

$50 or more per month saving for retirement in crypto currency is a awesome idea and I really admire with that. If a person invests like this until his retirement age, definitely he will save some more money than what he might have done traditionally like others. I think this is a good plan for retirement benefits and there should be at least 10% of their salary to be invested in crypto for retirement benefit.

I think we can not now see any future for bitcoin, just track the price, according to technical analysis, the bitcoin price could drop to the $ 4000 mark in the long run. At the moment, the price of bitcoin has fallen sharply and is now correcting at the $ 7800 level. The market is continuing to decline in the long run so I think the future of bitcoin is not good.

Bitcoin is a great source of long term investing and we can choose it after our retirement my self 
Bought coins and store them on my Hardware wallets and it’s my retirement plan too. I believe it will risemore in future and return it with double profit.

I also think about this, because we are not always here, in the crypto world and this forum. whereas crypto and this forum do not give us a guarantee of pension. so the best step is the income earned now is to start a business that we can still run when we are old. I have also thought about that.

Yeah, I understand that we want to have a big return but the risk is too high and considering that it's for your retirement funds. What if it goes worst? How will you recover that money and considering that you are old enough to go for work and you need money to support your medical maintenance? Will you still take a risk? I will still invest but to the amount which I can afford to lose not the whole retirement plan.

I am now 23 years old so I'm not thinking that bitcoin would be lasting until I will go to my retirement but also I can say that im already in similar obstacles because I don't work, only involving in Bitcoin and cryptocurrency in general.

that's interesting idea, but in my opinion crypto assets can't be considered as a long-term investment due to the volatile. :( What about investing in ICOs for a yearly perioud? from 2017 to 2018 several project gave their participants x100 or even x1000. ;) I prefer right now Kelvin Blockchain project due to their ability to increase transaction speed. :)

Good for him. The idea of future retirement plan is good. It may be working now, bit of he is not careful of the risk he’s taking and does not set aside well and just investing everything, if he will not balance his investment, it may end up in  not a good situation. Just be careful.

If everything will work according to plan, then i am one of those people who will have a very wonderful retirement from work. It's really nice to enjoy my monthly pension while im also enjoying the profits i will earn from bitcoin too because i am holding my bitcoin for long term since i started bitcoin investment.

Many people save money for their pension, this practice has already been met.

I agree with you and disagree at the same time, ethereumhunter!

Sure, you can develop a solid retirement strategy and saving money for your future for sure has plenty of benefits.

Cryptocurrencies as an investment can indeed give us money for retirement, unless the road is bumpy. And if it is (and it may be), your night have to spend your retirement on social security benefits only.

First of all, if you want to have an enjoyable old age, start earning and investing, planning, strategizing. And when you do that, diversify. That not only means buying different coins, but also saving money in different currencies (that is worse thinking of, even if you decide only to save small amounts.)


And if you can’t do that by yourself, hire a professional financial planner. He will also help you calculate the amount you would have to save for a comfortable life.

This is actually one of my biggest dreams. I'm retired only in my home as a hobby to deal with them. But, unfortunately, we have eliminated those opportunities one by one. And we can not get back either.

I believe in the future of bitcoin with my retirement around it having to hold my bitcoin for a long time I believe whatever I need to enjoy retirement bitcoin has it all with enough investment growing, even if it fall it will rise because no market prizes is ever stable but I trust the future in it am doing this because retirement in my country is not just reliable.

Crypto market has a huge potential of growing. And that people invested last year was very lucky because he involved the biggest bull run of bitcoin ever.

We all know that bitcoin and other cryptocurrency is our future. It is in demand now and the future. I think that the future of money real life I believe in this way, and the world at large a new value.

it really need time to realize it.many people want to retire and enjoy their live.but it need hard struggle and our sacrifice to do this.

I think that to retirement I will synchronize a number of bitcoins and I hope that its price will increase by that time

I doubt that by that time bitcoin will remain the top coin most likely someone will cross it

I think that is a really great idea. In my opinion, there is two kind of profit. At first, anyone can save their money in safely. On the other hand, they can earn a profit from it. The future of bitcoin is very bright and your investment becomes a big amount in the future. So Bitcoin and retirement are better than any other future plan.

Whatever you are thinking and have decided, is not a Bad idea. But a little thing is, You shouldn't strongly expect that Cryptocurrencies  Would make you profitable as your friend has gotten That's Because of Crypto Currencies as like unpredictable. Well due to your amazing money management, I would like to support your idea.
But don't forget to keep save something as Real life backup

If you retire without savings, that means disaster. But if you invest money in bitcoin and HODL for a certain period of time until the profit is good, you can smile enjoying your retirement. In conclusion, investing in bitcoin because bitcoin will provide economic solutions, it doesn't need to be too big but enough to enjoy old age.

Savings for your future is the right thing to do. For me, I can't say that I will put my money in bitcoin because no one knows if it will run in 20 years or more. What if not?

That's true we don't know when this will last and we should be careful in investing as this has high risk. Invest only a portion of your savings in bitcoin to make sure that whatever the result in the end you still have money for your retirement.

For those who are pensioner they should also come to crypto currencies and those who are near to retirement they should do invest in crypto currencies and takes their shares on regular basis. Crypto market is easy for investment for survey and in a few days we can know how to trade how to invest in this sector so i believe that if you are interested in crypto you should not waste more time.

Well for me, as long as Bitcoin is alive and kicking I have the chance to have a good retirement in the future and I can see that from now if only if. As a less fortunate in the society I need to to have all the basic needs for me and my family as you know that life is so hard here in my country. I am actually a college dopped out and what I did whith my Bitcoin earning is that I spend it to build a house that could protect us from frequent typhoons. If only I am a wealthy individual I will surely be hoarding Bitcoins for future purposes.

if we are not sure whether bitcoin will last 20 years or more then don't invest all of our money into bitcoin. but I am sure that bitcoin will remain in 20 years or more, even many countries will use it. if that does not necessarily make investors sad and lose because bitcoin is their daily work.

I think its a great idea but little bit risky. Since we don't know how long bitcoin work and how long it stay. Government, Banks, haters, hacker, all are trying to take bitcoin down. If government can ban the use of bitcoin they can do anything.

For me it is good idea, put your retirement with bitcoin. It's give you a big profits someday but the problem is, when it come. We can't exactly penpoint the future but if you are a risk taker then go for it.

Just assume you got some bitcoin and suddenly government ban it what would you do?. You'll lose your money. Its just a risky investment. You're idea is good but not acceptably.

$50 (out of $500) isn't a risky investment. The person is on a safe side as far as "investing what you can afford to lose" is concerned. Not sure though how this will work on the current market. I bet he would be disappointed with the market today if he had invested late 2017.

He's better off  trading daily as it is more profitable in the current market. It's what would earned him reasonable profits. Hopefully the market improves for long-term investment.

i am already did it.bitcoin could make me retired and get out from my regular job.maybe two years again after bitcoin halving i could be millionare from my bitcoin stock.i hope my dream come true.

as long as we hard work and smart in cryptocurrency market, i think we could realize all of our dream.in crypto market imposibble is nothing.we could earn money as much as we want.

Before getting to know bitcoin, I was confused about my retirement fund because the payment from my actual work was not so high, but when I knew bitcoin, I could collect retirement funds for the future.

If we are investing our money in cryptocurrency with purpose for our pension, better choosing a safe cryptocurrency with biggest liquidity and biggest transaction volumen. Its describe that the coin is having good investor and profitable in the future

maybe bitcoin could be the best choice for this purpose.bitcoin price year by year shows good growth.and if its implemented and mass adopted its price could rise again extremely.

if we talking about pension purpose,maybe we talking about long term investment.at least our portofolio could give us huge profits.and maybe bitcoin suitable for this type.

I do not think I will ever retire completely, retiring would probably mean not to work for money and the idea of not working for more money doesn't suit well for me. No matter how much money I have I am willing to make even more money, not because I am greedy because whenever I make money I do not have to spend it on myself, I do not have much expenses personally and I can live with a frugal life style and retire quite early but whenever I have more and more money I feel like I can do more good in this world and try to improve the world because I existed than not.

Sort of like bill gates, dude is wiping out a huge disease all by himself from the money he donated and worked towards to end, if I can have billions of dollars I would definitely focus on doing something like that. First order of business probably be go talk with venezuelan politicians and get approved for humanitarian help and bring in as much food as possible to those people so they won't starve to death.

For the preparation of pension money invested in bitcoin, not all around 30% is enough. HODL Bitcoin for the long term and don't be tempted to pull it even though the price goes up. Because this is a pension fund, it's better to invest not only in bitcoin, but also in altcoins to maximize profits.

i am not absolutely agree bitcoin could be our pension investment portofolio.its contain high risk , i am scared if one day its price could drop alot.

In my opinion. bitcoin will be very useful in the future. especially for someone who has retired from a major job. they can take advantage of bitcoin to still be able to get income after they retire from their main job. and bitcoin can help all people who do not have income. and I think, bitcoin users will be more and more in the future.

Bitcoin is like an asset and good for storing value, holding bitcoin like preparing a bright future in this case is a pension fund, because bitcoin can grow and have better value in the future.

I think overall it's a great idea but... I didn't get how is this connected to crypto. You can't reserve exactly 50$ every month if it's in tokens, right?

I regard my retirement and my relationship with Bitcoin as promising. I really want to earn on it and live on this profit in retirement.

many people are not ready to buy bitcoin assets for the long term, every negative trend that emerges makes them panic and finally holds back to fiat. This is based on a lack of understanding and ultimately makes them panic.

I found people like this several times and they chose retirement with clearer tangible assets, but I always advised them to be more sensitive to passive assets from bitcoin and keep believing in them. 20 years is a number where bitcoin becomes very rare at maximum prices.

It seems to me now everything is not so stable that it’s premature to think about retirement. Too much can happen.

I have very positive thoughts about Bitcoin as a long-term investment and I certainly hodl but retirement is something that should be very advanced ages, it is more risky for me to make a retirement plan with only bitcoin.

I think we can retire from cryptocurrency with a lot of money because cryptocurrency can give this opportunity for every people especially for people who have many coins in their wallet. Once the price of each coin increase and they sell at the highest price, they are making much money, and they can also have a better life. I am sure that we can get retirement from cryptocurrency in the short time because we have many options coins that could help us to gain more money.

The cryptocurrency can bring a lot of incomes but in the same time, for example i see myself doing activities for sustaining the crypto world somewhere after my professional life. It has becomed a hobby.

I would definitely feel more safe to keep money for my retirement years in crypto, rather than paying in to the national pension fund, which is, well, not working very well, and I see a good chance, it will crash in the next decades, at least in my country.

It would be better if you have several sources of income when it comes to your retirement as opposed to having a single income and in this case it would be bitcoin. It is very risky to just depend on bitcoin alone for retirement. It would be better if you have several sources so that you can diversify your risk. If you would depend on a single income then there is a big risk that you might not have any source of funds when you retire because your investment failed. Invest in several investment vehicles when you are still young as much as you can.

Bitcoin is very useful because they can earn money even person is retired to their job because bitcoin is all for all age even you are old as long as you can work to bitcoin it is good and that is not hindrance. Bitcoin after few many years will have more investor and user.

right, many bitcoiners are already financially free. so they can retire early from the money they have received. especially last year, where BTC soared, so it created a lot of new rich people

a division that can be calculated in processing the results of an investment with cryptocurrency and you are one of the investors who has very good foresight of course

I agree that the suggestion is very good as it is also very less risky as if the investment gets zero also it wont affect but if the market boomed as expected then his future will be very bright.

I think if every small earning people start to invest this way it will be a big move for bitcoin and future will also be good for both investor and bitcoin.

doing work in cryptocurrency market after working in our regular job could be our benefit to earn additional income.not everyone did what did now.

Retired people have more free time. From this point of view, they can become traders and even make much money on this business. However, I do not think, too many people will show their desire to deal with the cryptos.

Most of our retiree are injoying their lives by vacation to other place which is good for their relaxation, but if you want to grow your money you can both do the same way you can invest your money from crypto at the same time do the relaxation for vacation, you can earn and gain more profit and you can do what you want on your vacation so better future and better health enjoyment...

You're right why I need to hold longer if I can enjoy my profits earlier than hold it in crypto until my retirement days. Once the price will give us good profits then sell it and put your money in safe deposit. Crypto is unpredictable we should be wise in putting our money.

Especially today that the market has low cap. We cannot see everyone's retiring so far. We need to work harder so that we can expect a better future and a retirement. The market is still volatile and it goes to ups and down that the value is unexpected. But then work till we reach our goal.

For me, it is possible to retire on the present job and do bitcoin as long as you do. Bitcoin really give people to have big income other than their present job.

we could take opportunity from crypto trading and from profit earned could use as retirement fund for us.but its not easy, we have to hard work to do this.

Thinking about using bitcoin as a way to save for your retirement has some merits but you need to understand the high risk that you are taking, most of the retirement systems around the world make very safe investments as a way to not lose the money of their investors but you are basically thinking about doing the opposite and while the profits can be great the losses can be huge as well.

Indeed we are getting better money with investing our income to bitcoin because it gets high in price and movers to correction, I think all of us should have good knowledge about crypto currency so that we will not be worry about our life after retirement, if one buy bitcoins are good price and hold will not be worry, as we know every job get fade someday but the only bitcoin will have the same value it will never let your money go wasted.

Bitcoin is a good investment, but investing in retirement right now is very risky. If $ 50 per month, then this is a bit and maybe in the future they will turn into a large amount of money.

this is long term investment,when we decided buying bitcoin left it and dont check its too often.bitcoin price wil move extremely but at the end it could give us huge profit as our retirement fund.

not only that, you can also make a profit for the long term, it can be a passive income for you and become a future saving that is profitable for you, so if you don't have free time, you can invest and hold it, it's the easiest way. bitcoin is a very appropriate investment for the short and long term

The reasons why you should add Bitcoin to your retirement:
- BITCOIN AS YOUR IRA (FUNDS)
- CHANGES TO TRANSACTIONS
- RAILWAY OF NATIONAL MANAGERS
- EXCELLENT TECHNOLOGY
- NORMALLY VALUE
- WHICH IS THE IRS MONEY (The Internal Revenue Service)

holding for long term was best way for people who did not have much time for trading crypto or working bounty campaign.only two step to do it , buy and hold.

Yes I agree with you. We can't predict of what will happen to bitcoin. We need also to be financially stable so I will do is to find a stable job so that if ever bitcoin existence will end I have a back up. But at the same time I will also continue to manage my account in this industry because it also helps me financially.

Bitcoin is mainly a long-term investment, and it is surely helping to get better retirement, because its price is expected to rise highly during the next years and decades. But I prefer investing in many cryptocurrencies instead of putting all the eggs on the BTC basket, that's more profitable in the long run.

Having a Bitcoin while you're retired your retirement will be more comfortable because BTC is the most profitable crypto. Also you will live comfortably and your future will be ready for anything happen. So I think its better to start to invest or invest while the price of bitcoin is not yet so much expensive because surely when years passed it will rise. Or yet hold your Bitcoin as long as you can and used it only for your retirement.

Yes, I think this is a very good idea to copy. and maybe not a few do like you now. I think that can also be called a long-term investment. which can generate huge profits when savings have accumulated and high market prices. and what you do can also be called a business strategy. when we feel very heavy to buy in large quantities, maybe this is one way that can be used as a good recommendation.

If you are going to invest such a low amount of money every month then you probably need to invest in coins that have a lower market cap, this can increase the size of your profits but it can also increase your risk in a very significant way if you do not know what you are doing, however that is the risk that everyone here in the forum is taking and we must accept it since the rewards of an easier and wealthier life are worth the risks.

if we able and dare to take risk in bitcoin investment for long term, maybe this is correct portofolio for us.and saving our money into several place could be best way to avoid suffering big loss.

If you want to save a lot of money in Bitcoins or other cryptocurrencies, you should better share the personal data with your relatives or close people. We never know what can happen to us tomorrow or even today.

great idea for future savings ...
not bad if we invest into 4 coins like bitcoin, ethereum, ripple and bitcoin cash it doesn't feel heavy for the economy if we invest just $ 10 per month

This is exactly what I am working towards. Not "retirement" like I can collect money from the bank savings I have but I am trying to build a set of business' that will yield me profit even if I do not work and that income would help me not work at all.

Now I know if you have just one that may be a problem because in the end you will face some troubles with it or it won't make that much for the next 50 years but if you diversify that income that means you can make a good return and not have to worry it won't come. From bank savings to crypto to real estate to gold to some other stuff, I keep investing on different stuff and trying to work my way into making all of that bigger and bigger.

For example my idea of a good investment in crypto that I will stop is having a dash masternode, I know dash may go up or down in price a lot more than the interest it pays but at least that is a good way to make sure you have a lot of money "just in case". That type of stuff plus fiat investments at the same logic will help me retire early, it looks like impossible right now but I will work towards it.

Even if you keep on investing the little you have in the cryptocurrency along the period of your regular job, a day will come when you would have a big portfolio with its value replicated several times when you retire. So in addition of your retirement pension, you would be lucky enough to cash and use the value that has been added as profit to your portfolio along the course of investment. This is any how a good plan not only for those who is near to retirement.

Majority of people actively saving their money and putting it on traditional IRA or investing in mutual funds, people are shy away from the highly volatile investments like Bitcoin and cryptocurrency. But this fact is going to change soon because cryptocurrencies represent a hedge against the current financial system.

No more worries about it, people are well educated and they don’t feel shy any more, they knows there is solution for anything we are doing, if we will buy something better to make investigation which will remove the risk of our lose, crypto currency like bitcoin is decentralized but it is all about us we can take benefit from it and we can lose money, holding gives money and profit to spend a good life.

Ofcourse Bitcoin will stay for long and would remain for the future to come. But having a stable job and a guaranteed retirement plan is always a good idea. However if Bitcoin can give a good amount of earnings and can make you start a decent business then retiring of early age is such an accomplishment.

I can understand investing in a coin like bitcoin or ethereum but you are going to invest in coins like ripple or bitcoin cash? Bitcoin cash is nothing more than a cheap copy of the original and ripple is centralized, do not invest in those projects for the long term or you are going to lose your money you just need to look at all of those that invested in bitcoin cash thinking it was bitcoin and lost a lot of money because of it.

I think bitcoin can be an asset that we can use as pension fund in the future. Bitcoin is long term investment and its like digital gold, if hold it for our pension fund, i think it much profitable than saving our pension fund in the bank because bitcoin is investment instrument

This idea does make sense. I think nothing can destroy decentralized currencies. Although we don’t know what future holds for crypto, it will definitely remain influential. And if bullish predictions come true, what I strongly believe in, this idea will give great returns.

I think what this achieves 2 purposes, it is the creation of income + the stability of their investment. so I think it's a good experiment.

absolutely right and I also use bitcoin for my long-term investment because I am sure that by investing bitcoin in my life one day before I get older it can be fulfilled all in the economy and finance too, because bitcoin is a promising investment place

For me, too, bitcoin is a long-term investment but I don’t invest in it in order to save myself a pension, since there are still many years before my pension. Although I agree that this is a pretty good idea. And I think, maybe I also will begin postpone some fixed amount.

I think it will be more risky because we hold back for retirement which means for the long term, buying altcoins with low marketcaps will certainly be very risky especially for the long term, I think they strategy is quite good by collecting $50 per month in bitcoin, that will be a large amount when you retire later

One of the outstanding benefits of Bitcoin is its investment opportunity when seen as an asset - one which grows in value over a period of time. This aspect of Bitcoin makes it favorable to help all pensioners who bought some Bitcoin years back and are now enjoying profits on the increment in its value. 

I want to see my future having a lot of businesses that run by my own. I'm the boss and I only exert a small amount of time and the rest that I do is travel  around the world and always having a perfect vacation trip. Retirement is boring guys so it's better to invest in some lucrative business to make yourself excited in some occassion.
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storing pension funds in a crypto currency might be a good idea but because there is no definite guarantee of price fluctuations and continuity, we should not just keep it there, just a few percent invest some in the real form and have a low level of risk consider reserves as a precaution, however, pension funds are something serious that needs to be managed wisely and maturely because it involves our future, a little advice is not that I don't believe fully in crypto but being cautious and rational is still a wise choice in investing today

Holding your pension funds in cryptocurrencgy is a good idea because as you said holding it for a long time will increase its value but for me it has no guarantee to do it though bitcoin is one of a promising cryptocurrency but still it has no guarantee because we know that it is volatile there has many possibility will come up in the next days. But for now, try  to think another way to put your pension funds.

Hope, when the time of my retirement comes the cryptocurrencies will exist still and will be actively used. In this case, I will simply become a very active trader.

It is a very good idea hoping that the return on investment will continue to increase. In this case, you will have a remarkable retirement. This year especially has not been a rosy year for cryptocurrency and bitcoin in particular. I think it will be nice to spread this investment between some top cryptocurrencies.

Every cent count is the saying in which we can all apply for saving until the day of retirement it is a good choice to choose bitcoin but specially with high volatility of the subject it is still good to invest on a bank or fiat if you prefer or by percentage let's say 30% fiat 70% crypto.

If someone is risking his retirement to gamble on the Bitcoin price it's something totally ridiculous if you as me. On another side I don't rely my retirement on Bitcoin I can't afford the risk to be poor when I will be old.

if we talk about bitcoin ,we talking about blockchain technology.and ofcourse it will developted day by day untill all field adopted it.i am sure bitcoin and blockchain technology will survive in long time.