Bitcoin Forum
April 25, 2024, 06:43:46 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
Author Topic: Do you still keep a fiat retirement account?  (Read 6133 times)
fkvidar
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000


View Profile
March 18, 2016, 09:57:37 AM
 #141

Majority of my funds for retirement would in fiat for sure, and I will keep few amount in bitcoins, as the future is unpredictable so its better that we have both of them.
1714027426
Hero Member
*
Offline Offline

Posts: 1714027426

View Profile Personal Message (Offline)

Ignore
1714027426
Reply with quote  #2

1714027426
Report to moderator
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
GamingBro
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
March 18, 2016, 05:55:49 PM
 #142

Now fiat is more safty, so why people should not keep it? Bitcoin is unpredicteble thing that's why i'm keep holding fiat retirement account.

ausbit
Legendary
*
Offline Offline

Activity: 1330
Merit: 1019



View Profile
March 18, 2016, 05:58:33 PM
 #143

Now fiat is more safty, so why people should not keep it? Bitcoin is unpredicteble thing that's why i'm keep holding fiat retirement account.

its always good to have fiat retirement account as if bitcoin disappears in future it is only fiat which can take care of us in the best possible way.
bitbunnny
Legendary
*
Offline Offline

Activity: 2898
Merit: 1068


WOLF.BET - Provably Fair Crypto Casino


View Profile
March 18, 2016, 06:52:16 PM
 #144

Yes, I have such account. It's long time until retirement and nobody can't now how the things will develope and where Bitcoin will be in 20, 30 years. We still need fiat funds.

tiggytomb
Legendary
*
Offline Offline

Activity: 1848
Merit: 1000


View Profile
March 18, 2016, 07:44:08 PM
 #145

I can't see any problem in just keeping it going, people will continue to get old and it's nice to know you will have something if and when you reach that point, no harm though in taking a % of it if you can and putting into bitcoin the best is yet to come.
Iseecookies
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
March 18, 2016, 07:52:47 PM
 #146

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.

Never get to invested in one aspect,its best to have assets spread out over your portfolio. Otherwise you take a hit and see 20 years go up in smoke. A lot of the baby boomers watched this happen and the reason it never hit so hard,is real estate went up in value.
So they are able to reverse mortgage their homes and keep it on the low from their kids till they die.
I put into a work pension that I am pretty sure will not be there when I retire and its just the cost of doing business.
fravia
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


CryptoTalk.Org - Get Paid for every Post!


View Profile
March 18, 2016, 07:56:50 PM
 #147

yeah, of course i keep that, you have to always be guaranteed that you will have something to live out of if something unexpected happens, and it is a good way to be safe

i think that it is very important thing to do and you should start investing to it from the young age

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
umaOuma
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1000


View Profile
March 18, 2016, 09:15:42 PM
 #148

What's wrong in having an fiat as an retirement account? is there something wrong in it? No doubt I have faith in bitcoin too but I have more faith in fiat as I believe in reality.
DebitMe
Legendary
*
Offline Offline

Activity: 2786
Merit: 1011

Get Paid Crypto To Walk or Drive


View Profile
March 18, 2016, 09:35:15 PM
 #149

I spent some time last night working on a spreadsheet to show some retirement plan/goals for myself and my wife.  This spreadsheet is pretty powerful to show compounding gains and the power of time on an investment.  Please take a look and let me know what you think.  The current version ignores things like promotions and bonuses (and bitcoin going to da moon!), but if there is enough interest that stuff wouldn't be too hard to add.

https://docs.google.com/spreadsheets/d/14ygbY57RZ2oS9YoIo7amecFR7UnSaz9xr5yEvkOozDU/edit?usp=sharing


Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
https://coinhunt.gsc.im/IZIijYr64Q
samlanhan1
Member
**
Offline Offline

Activity: 73
Merit: 10


View Profile
March 18, 2016, 09:44:15 PM
 #150

What's wrong in having an fiat as an retirement account? is there something wrong in it? No doubt I have faith in bitcoin too but I have more faith in fiat as I believe in reality.

^^^ This guy  Grin Grin
tn211
Hero Member
*****
Offline Offline

Activity: 778
Merit: 500


View Profile
March 18, 2016, 10:03:33 PM
 #151

What's wrong in having an fiat as an retirement account? is there something wrong in it? No doubt I have faith in bitcoin too but I have more faith in fiat as I believe in reality.

Correct. It's about having some backup plan. Why would you bet on just 1 horse. Suppose the project fails, then you will live your life poor.
So yes i got 1 retirement accounts. 1 is bigger then the other.
Piltover
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
March 18, 2016, 10:10:18 PM
 #152

What's wrong in having an fiat as an retirement account? is there something wrong in it? No doubt I have faith in bitcoin too but I have more faith in fiat as I believe in reality.

Correct. It's about having some backup plan. Why would you bet on just 1 horse. Suppose the project fails, then you will live your life poor.
So yes i got 1 retirement accounts. 1 is bigger then the other.

That's true Sir. Saving money is something i learned from being a small child. My parents teached me to have some spare money in case of an emergency.
These day i don't own a lot of bitcoin but i do try to save for a savings accounts.
diegz
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
March 19, 2016, 06:44:57 AM
 #153

Now fiat is more safty, so why people should not keep it? Bitcoin is unpredicteble thing that's why i'm keep holding fiat retirement account.

its always good to have fiat retirement account as if bitcoin disappears in future it is only fiat which can take care of us in the best possible way.

That's right.. though we are all trusting bitcoin and grabbing the opportunity that it is giving us, we should still make investment in fiat, as we are not so sure about what is the future of bitcoin..

CryingMidget
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
March 19, 2016, 07:07:44 AM
 #154

Now fiat is more safty, so why people should not keep it? Bitcoin is unpredicteble thing that's why i'm keep holding fiat retirement account.

its always good to have fiat retirement account as if bitcoin disappears in future it is only fiat which can take care of us in the best possible way.

That's right.. though we are all trusting bitcoin and grabbing the opportunity that it is giving us, we should still make investment in fiat, as we are not so sure about what is the future of bitcoin..

Don't worry about the future bro. People are adopting bitcoin everyday. It's all because business people knows about bitcoin's potential.
They know how long bitcoin will long last and how it works.
jkrules
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
March 19, 2016, 07:14:25 AM
 #155

Now fiat is more safty, so why people should not keep it? Bitcoin is unpredicteble thing that's why i'm keep holding fiat retirement account.

its always good to have fiat retirement account as if bitcoin disappears in future it is only fiat which can take care of us in the best possible way.

That's right.. though we are all trusting bitcoin and grabbing the opportunity that it is giving us, we should still make investment in fiat, as we are not so sure about what is the future of bitcoin..
Me also same bro. I am believing bitcoin. I don't want fiat retirement fund and all. Thats why I am holding bitcoins.
simonloff
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
March 19, 2016, 10:56:19 AM
 #156

I think keeping multiple investments is always a good strategy, You of course know about the "not putting your eggs in one basket" so I think it's better to have a wider profile of investments.
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!