Monnt
Legendary
 Offline
Activity: 938
Merit: 1000
|
 |
February 20, 2016, 09:54:44 PM |
|
Yes, I don't think bitcoin is currently stable enough to hold long term. I'll be comfortable when the total worth of bitcoin is worth more than the total of the US dollar. Because currently, just one person can sway the market.
|
|
|
|
|
|
|
|
|
|
|
|
The trust scores you see are subjective; they will change depending on who you have in your trust list. |
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
robelneo
Legendary
Offline
Activity: 3220
Merit: 1202
Bons.io Telegram Casino
|
|
February 21, 2016, 07:19:43 AM |
|
If you are a true believer that be dollar and other fiats are doomed should you then cash out your fiat retirement account for btc, metals or real estate?
I have a Roth IRA with some money in it and I am debating on if I should liquidate that or keep contributing to it for the next 30 years.
in my opinion this is not a good option,you must not put all your eggs in one basket you can make it 50-50 but not cahout all your fiat retirement and exchange it all to bitcoin,in this world nothing is certain even experts makes a mistakes |
|
|
|
|
Bemerand
|
|
February 21, 2016, 09:17:51 PM |
|
Yes, I don't think bitcoin is currently stable enough to hold long term. I'll be comfortable when the total worth of bitcoin is worth more than the total of the US dollar. Because currently, just one person can sway the market.
The bitcoin price is volatile as it is in the early stages of the development. When the price is very high, it will be more stable. |
88.36255237114% of all ICO's are SCAMS
|
|
|
Mr. Big
Member
Global Moderator
Legendary
Offline
Activity: 2296
Merit: 1175
While my guitar gently weeps!!!
|
|
February 22, 2016, 04:41:17 AM |
|
Yes, I don't think bitcoin is currently stable enough to hold long term. I'll be comfortable when the total worth of bitcoin is worth more than the total of the US dollar. Because currently, just one person can sway the market.
might be true,, that is why it is still good to have a fiat savings account, just to be safe about the future, coz no one knows which one is going to fold in the future...  |
|
|
|
|
pooya87
Legendary
Offline
Activity: 3430
Merit: 10498
|
|
February 22, 2016, 04:45:45 AM |
|
i think this has an obvious answer.
there is nothing changed about fiat, and we are still dependent on using cash for our day to day needs. and even if it is doomed, fiat is not going to suddenly disappear and be replaced by bitcoin overnight.
but at the same time i believe it is always a good idea to keep multiple safety nets for the future. for example having different investments like in precious metals, in bitcoin,...
|
.
.BLACKJACK ♠ FUN. | | | ███▄██████
██████████████▀
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
█████████████████▄
░██████████████▀
████████████
███████████████░██
██████████ | | CRYPTO CASINO &
SPORTS BETTING | | │ | | │ | ▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
███████████████████ | | .
|
|
|
|
|
avw1982
|
|
February 22, 2016, 05:07:39 AM |
|
Of course, I keep a fiat retirement account.
There is a chance (low probability IMO, but can't be ignored) that Bitcoin will go to zero.
You wouldn't want to be on the streets if that happens.
I don't have any account for retirement neither in fiat or nor in Bitcoin. But I have a plan to create a bitcoin retirement fund in hardware wallet. I know due to demand and supply bitcoin's price will be high when I Will come out from the employment. |
|
|
|
|
|
lixer
|
|
February 22, 2016, 06:36:02 AM |
|
I have not yet planned up for my retirement but when I plan up I will go diversify my investment with bitcoin and gold. But surely bitcoin will occupy more than 70% of my investments but no fiats at all.
|
|
|
|
|
|
upsidedown75
Legendary
Offline
Activity: 1288
Merit: 1036
|
|
February 23, 2016, 06:47:44 AM |
|
I have not yet planned up for my retirement but when I plan up I will go diversify my investment with bitcoin and gold. But surely bitcoin will occupy more than 70% of my investments but no fiats at all.
It is definitely more safe if we diversify our investments with proper planning. I'm also not ready to save my money with fiats. I just want to save all my money only with the bitcoin. May be real estate and gold also good but only in small amount. |
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
|
|
February 23, 2016, 10:36:51 AM |
|
I have not yet planned up for my retirement but when I plan up I will go diversify my investment with bitcoin and gold. But surely bitcoin will occupy more than 70% of my investments but no fiats at all.
It is definitely more safe if we diversify our investments with proper planning. I'm also not ready to save my money with fiats. I just want to save all my money only with the bitcoin. May be real estate and gold also good but only in small amount. I too strongly believe bitcoin would be the best option for our retirement plannings because the future of the bitcoin is more brighter than any other investment. So, planning up your retirement account with bitcoin will make your money to grow rapid. |
|
|
|
|
Hirose UK
|
|
February 23, 2016, 12:57:35 PM |
|
If you are a true believer that be dollar and other fiats are doomed should you then cash out your fiat retirement account for btc, metals or real estate?
I have a Roth IRA with some money in it and I am debating on if I should liquidate that or keep contributing to it for the next 30 years.
I maybe cash out my fiat account for doing investment for bitcoin and some business, but not at all because it probably usefull in my retirement later |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
lumeire
Legendary
Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
|
|
February 23, 2016, 01:47:09 PM |
|
FiatSpa stock? What products does that company have anyway? It looks like it's really not doing well. @ontopic Of course, you don't wanna be checking the price of btc every now and then to make sure you still have money when you're retired don't you? |
|
|
|
jonathgb25
Full Member
Offline
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
|
|
February 23, 2016, 02:59:44 PM |
|
Yes because there are only few stocks that has a value of bitcoin out there and it is easy to have an income from fiat currency.
|
|
|
|
|
iamthesky
|
|
February 23, 2016, 10:51:09 PM |
|
I would diversify my money into both, fiat and bitcoins, as fiat will survive for sure, but not sure about bitcoins, so it would be weird if I put all my money into bitcoins.
|
|
|
|
|
Mr. Big
Member
Global Moderator
Legendary
Offline
Activity: 2296
Merit: 1175
While my guitar gently weeps!!!
|
|
February 24, 2016, 09:08:37 AM |
|
I would diversify my money into both, fiat and bitcoins, as fiat will survive for sure, but not sure about bitcoins, so it would be weird if I put all my money into bitcoins.
That's right mate... There is no assurance yet that bitcoin would live forever, so it is wiser to put our retirement fund on fiat and invest in bitcoin as an extra income.. |
|
|
|
|
|
ampere
|
|
February 24, 2016, 11:03:00 AM |
|
I would diversify my money into both, fiat and bitcoins, as fiat will survive for sure, but not sure about bitcoins, so it would be weird if I put all my money into bitcoins.
That's right mate... There is no assurance yet that bitcoin would live forever, so it is wiser to put our retirement fund on fiat and invest in bitcoin as an extra income.. Yeah, that's the right thing to do, as the future of bitcoin is unpredictable, but fiat would be there in future too, so its good to have fiat as an retirement account. |
|
|
|
|
|
Nemesis099
|
|
February 24, 2016, 11:30:48 AM |
|
I would diversify my money into both, fiat and bitcoins, as fiat will survive for sure, but not sure about bitcoins, so it would be weird if I put all my money into bitcoins.
That's right mate... There is no assurance yet that bitcoin would live forever, so it is wiser to put our retirement fund on fiat and invest in bitcoin as an extra income.. Yeah, that's the right thing to do, as the future of bitcoin is unpredictable, but fiat would be there in future too, so its good to have fiat as an retirement account. yes, totally depending on bitcoin would be not correct, as we want that bitcoin should be more stronger currency in future, but fiat will never disappear. |
|
|
|
|
wangzhenchun
Newbie
Offline
Activity: 2
Merit: 0
|
|
February 24, 2016, 01:29:33 PM |
|
|
|
|
|
|
EdenHazard
Legendary
Offline
Activity: 2674
Merit: 1048
|
|
February 24, 2016, 01:32:39 PM |
|
If you are a true believer that be dollar and other fiats are doomed should you then cash out your fiat retirement account for btc, metals or real estate?
I have a Roth IRA with some money in it and I am debating on if I should liquidate that or keep contributing to it for the next 30 years.
i have no idea to retire all my fiat to bitcoin,i still worry about bitcoin risk,and other problem is bitcoin not very mass adopted in my town. but,i really apreciate to you,cash out your fiat retirement account for btc is good way and good story for example,i wish i can do same as you do someday. |
|
|
|
|
poptok1
|
|
February 24, 2016, 01:43:43 PM |
|
If i could cashout my retirament account in to BTC i would do so. BUT there are many goverments that dont allow such operation, mine is one of them. Imagine a money acconut for your winter time, that is blocked by law untill you almost dead... when you do die those money are gone, system takes them. Nonsense right?
|
|
|
|
|
