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Author Topic: BitCoin for Retirement  (Read 9028 times)
IftiM
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June 08, 2017, 04:19:19 PM
 #101

yes 1 bitcoin is enough after 20 years..but it can be risky..its better to have another option for safety..
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June 08, 2017, 04:22:15 PM
 #102

Why not. Save 1 BTC, tattoo password of your account of evernote with btc wallet info somewhere on yourself, set alarm to 1st day of your retirement and forget about it

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June 08, 2017, 04:27:56 PM
 #103

There are some wild predictions for bitcoin from $30,000 to $5,000,000 in the next 20 to 30 years. You can google and see for yourself. I personally feel that it is best to have at least 1BTC in your long term/ retirement portfolio and then try to invest additional funds into ETH, WAVES and other Dapps such as Iconomi, Singular DTV and hold for long term. All these tokens should help you with your retirement. And yeah, always have a back up plan!
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June 08, 2017, 04:41:25 PM
 #104

I believe that blockchain technology is the new trend, so I do not think that Bitcoin will be gone in a short period of time.  I believe that if we invest a good amount today in bitcoin, we can be well rewarded after 5 to 10 years thus enough to get you well financed after your retirement.
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June 08, 2017, 04:43:07 PM
 #105

I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.

It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.

Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
Yes, I think you can choose Bitcoin for retirement if you is a elder or have many idle cash. And when you comeback after 20 years, you can see it is a big money, can up to 100.000$, but it only my think Grin
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June 08, 2017, 05:02:30 PM
 #106

I believe that blockchain technology is the new trend, so I do not think that Bitcoin will be gone in a short period of time.  I believe that if we invest a good amount today in bitcoin, we can be well rewarded after 5 to 10 years thus enough to get you well financed after your retirement.

I do not consider bitcoin as the main currency for maintaining real-world economic balance, but I have a belief in passive income if I apply bitcoin as a virtual asset in  long term and automatically have a lot of hope for bitcoin. To support my life after retiring from a real job, at least I can continue to play it in trading market, if I consider it an asset I already understand the risks that will occur in the future.
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June 08, 2017, 05:16:29 PM
 #107

Bitcoin for retirement its good idea. But its long time difficult to say what happen distant future. If another coin overcome bitcoin or price gose down. Although its possibility 0% . Because bitcoin price is  increasing

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June 08, 2017, 10:05:23 PM
 #108

Bitcoin can be for retirement. Because when you are already retired and you don't have enough strength on traveling or in doing hard jobs bitcoin is essential to be do. Because in gaining bitcoin you don't need so much effort all you have needed is a personal computer and internet connection and your brain.
I think that the people that hold onto Bitcoin for retirement are relying on it too much. The reason why Bitcoin should not be a source for a reliable income is because the price of it could drop to zero without much effort from someone that decided to purchase a bunch of coins. If a dump like that happened then it would be a while till Bitcoin Exchanges get the money to recover the price.

 
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June 09, 2017, 02:49:51 AM
 #109



Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
If bitcoin is till around in 20 years you will probably only need one bitcoin!
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June 09, 2017, 03:06:11 AM
 #110

I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.

It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.

Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
No , I don't think that 1 btc will be sufficient for us during the retirement , because in the future with the increase of the price of the Bitcoin , there will be increase in the price of the practical life things and that will results into lack of money soon even we cashout 1 btc .
So here I need my opinion we need to have atleast 10btc , because with the 10 btc we have full trust with ourselves that we can do even much more better in the last stage of our life .As we have no limits of thinking , so we can something more better with the money .
Here I myself saving Bitcoin for the 10 years , I hope everything will be good and my retirement from the Bitcoin job will make me billionaire of my community .
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June 09, 2017, 03:17:48 AM
 #111

yes 1 bitcoin is enough after 20 years..but it can be risky..its better to have another option for safety..
Ues to be exact because will never know the time and timing its more important to have another option than be more  dependent on this. Anytime the value change.
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June 09, 2017, 03:27:29 AM
 #112

I am also thinking of this idea and as possible I am also keeping and set aside a small amount of bitcoins for future and even for retirement. My target in only 1 BTC, and I am optimistic of the future, how do we know, it might really reach $500,000 after 20 years or more.
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June 09, 2017, 03:28:45 AM
 #113

yes 1 bitcoin is enough after 20 years..but it can be risky..its better to have another option for safety..
Ues to be exact because will never know the time and timing its more important to have another option than be more  dependent on this. Anytime the value change.
Yeah , true , so here I am thinking we should bought another coins also that has seems to be good future  .
Here I think we should hold atleast 5 btc for the future and altclins with the value of 5 btc .
I mean 1btc= eth
              1btc = dash
              1btc = ripple
              1btc = Monero
               1btc = dgb .
With the good future of the Bitcoin these altcoins also has bright future , so here in my opinion we should have these altxoins , it may be possible with the time increase they are also have the increase in value and demand and will reach to the value of the Bitcoin , so here we are not only making money with the Bitcoin but also with the other altcoins and turning our risk into minimum​ by holding many altcoins with Bitcoin .

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June 09, 2017, 03:32:23 AM
 #114

I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.

It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.

Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
I definitely do not think that only a single bitcoin will be enough when all of us go into retirement. I am going to keep earning and trading bitcoin so that I can have as much bitcoin when  I retire.

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June 09, 2017, 03:39:52 AM
 #115

I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.

It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.

Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
I definitely do not think that only a single bitcoin will be enough when all of us go into retirement. I am going to keep earning and trading bitcoin so that I can have as much bitcoin when  I retire.
well if you can do that way its much better keeping bitcoin to grow more while you still have capability, allow your day job to provide your needs and let your bitcoin to be kept until the time of your retirement, for sure you will save more and it will bring fortune and you will be more stable from that time then.
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June 09, 2017, 03:45:53 AM
 #116

20 years is relatively long moreover you only have 1 bitcoin I think it is too small for the cost of your life, if your plantation does not produce much results and you can't always take care of the estate in your old age, you have to think this through carefully

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BeGoods
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June 09, 2017, 04:38:22 AM
 #117

yes 1 bitcoin is enough after 20 years..but it can be risky..its better to have another option for safety..
I think 1 btc will be too small even though the price in the future will be very high. It's better to collect a lot of the bitcoin it will be safer, and it will make you rich in the future

DOGE12321
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June 09, 2017, 05:01:41 AM
 #118

Wow... I can't imagine living my retirement with only 1 Bitcoin, even 20 years from now.

Firstly, placing Bitcoin as your retirement option is risky as it is a cryptocurrency that is exposed to price fluctuations. Its price and value can jump up and down exponentially, especially 20 years from now.
Vaskiy
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June 09, 2017, 05:43:31 AM
 #119

yes 1 bitcoin is enough after 20 years..but it can be risky..its better to have another option for safety..
I think 1 btc will be too small even though the price in the future will be very high. It's better to collect a lot of the bitcoin it will be safer, and it will make you rich in the future


Yeah, 1 btc is quite small for a better profiting and improve our living standards on retirement. As users have stated even one bitcoin will be more valuable than the present as we have much time space of 20 years. Right now it's good to invest a small amount periodically and make a better living after years, because growth is something assured with bitcoin.

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June 09, 2017, 05:54:49 AM
 #120

It is a very good idea to save 1 BTC for retirement the reason is that some few years a go nobody ever thought that the price of bitcoin will skyrocket to it's present price so also we can also speculate or predict that the price will reach a higher price in 20 years time because prices always respect history. This will serve as a perfect retirement plan.

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