BitCoin for Retirement

[fitty]

Somewhat enough i think.If we base on this current growth in the market bitcoins price would still grow up to $20,000 and i think 1 bitcoin in that stage is big but not big enough to cover your life for your retirement its too small i think

[Makka]

That is a good initiative to set aside at least 1 bitcoin for your retirement. But be careful also. You will have to keep track of its price fluctuations because everything's possible. We all want bitcoin's value to regularly go up high but we cannot be 100% certain of in the future. There are also several other cryptos that you might want to invest in. A lot of them are also promising, having very high appreciation. Of course, having a business is also a great thing for you future retirement.

[TheGodFather]

Very cool idea to save bitcoin for retirement . The price of bitcoin increase  rapidly. In the retirement period bitcoin fill your economic  demand . You can easily move on this day if you have lot of money. And bitcoin will arrange for you.

If 1btc is enough for you to save for the future then do it. But fot me as long as I can earn bitcoin i will earn it. Because i know that the price of the goods will be more higher every year so i need to earn more so that i can provide my need in everyday use. Bitcoin is very good for long term investment.and it will be imcrease more each year.

[v0rtecxz]

I think it's a good idea to save bitcoin for retirement, we can see now that bitcoin growth is getting better, I think there's nothing wrong with bitcoin as a savings, because what we know today is the value of bitcoin prices that increase from year to year Next, But if in my opinion only save 1bitcoin to retire still less better you collect it more than that,

[zedicus]

I think it's a good idea to save bitcoin for retirement, we can see now that bitcoin growth is getting better, I think there's nothing wrong with bitcoin as a savings, because what we know today is the value of bitcoin prices that increase from year to year Next, But if in my opinion only save 1bitcoin to retire still less better you collect it more than that,

Saving bitcoins for retirement will be good if and only if bitcoins price would keep on rising and dont stop untill it reaches the max cap,but his option of 1btc is very small for retirement

[dryandry]

collect as many as bitcoin you can
because there is no "enough" word in the future
1 bitcoin is small amount even the price is hign in 20 years later

[South Park]

If the positive trends in the market about bitcoin will continue up to 50years, Bitcoin is the best investment for your retirement. If you start investing at a young age, you will have a luxurious and enjoyable retirement in your future.

This is not only true for bitcoin, this is true for any investment, if you start young in your investing career and hold long term, then you are going to be able to retire early and with better conditions of life than those that start later, even if they earn more money than you do, which tell to us that with the right planning you can overcome those with more earning power.

[dey90]

If you can store more than 1 bitcoin. Why only 1 bitcoin. Distance can not be determined by other values of remote values, I think we should reconsider, because with the value you know, bitcoin values can not be predicted accurately. . So maybe you can add from now more than 1 btc for your retirement days.

[radjie]

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?

That's all how strongly we hold the bitcoin we've got even with it in the next 20 years even if it's saved only 1 btc but in the future I'm sure the price can exceed the current price so that we save 1 bitcoin for Our old days or retirement is a very good idea.

[Eternu]

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?

That's all how strongly we hold the bitcoin we've got even with it in the next 20 years even if it's saved only 1 btc but in the future I'm sure the price can exceed the current price so that we save 1 bitcoin for Our old days or retirement is a very good idea.

Yes i agree. It would be wise to leave as much bitcoins as you can for future. Because no one can predict how much bitcoin will be worth in future, and even if you got that bitcoins on trading or from signature campaign, than you got nothing to lose even if bitcoin is worth nothing in future. But it is wise to leave as much bitcoins, because of that chance that it will worth a lot.

[meliodas]

If youre planning to save bitcoins instead of real money for your early or late retirement then you should not be saving only1bitcoin at this stage,its so small even to think how much bitcoins will be in the future,it cant cover up your wholeretirement

[South Park]

If youre planning to save bitcoins instead of real money for your early or late retirement then you should not be saving only1bitcoin at this stage,its so small even to think how much bitcoins will be in the future,it cant cover up your wholeretirement

1 bitcoin is too little especially if consider that the life expectancy may get longer as more medical discoveries are made but if you live in a poor country you may be able to retire with very few coins depending on the quality of life you may want to have, since in those countries many things are very cheap and bitcoin is going to keep reevaluating as the block reward halves.

[LodisMcguire]

Why only focus on bitcoin? If you plan to retire,atleast save some altcoin that have bright future
We don't know what future will bring,crypto price for that matter,so i think you have to go for altcoin as well then you can retire without worry

[Kotone]

Why only focus on bitcoin? If you plan to retire,atleast save some altcoin that have bright future
We don't know what future will bring,crypto price for that matter,so i think you have to go for altcoin as well then you can retire without worry

Thats right. Alt coins might be good for future so buy atleast a little portion because someday you may be regret for not having it. Earn bitcoins and alt coins now earn more and more until you reach out the right amount that you have been needed. Bitcoin for ritirement is very good, bitcoins and alt coins are both good investment.

[Kriptex]

Planning retirement only depending on bitcoin is meaningless, I think. You can't trust any of the assets existed in the world like that.

[FLoving]

Somewhat enough i think.If we base on this current growth in the market bitcoins price would still grow up to $20,000 and i think 1 bitcoin in that stage is big but not big enough to cover your life for your retirement its too small i think

If in the future that person will start a smaller business with that one bitcoin then I think that one bitcoin is enough for his retirement but if he will not start any business then he have to manage for some multiple bitcoins to get fully benefited.

[Superways]

Planning retirement only depending on bitcoin is meaningless, I think. You can't trust any of the assets existed in the world like that.

Bitcoin is growing very faster and it is going to be a very better currency in the future and in the current time it is in the competition of many bigger currencies and assets so I think it is not wrong to rely on asset like that.

[pepi04]

Personally, I guess I'll try to buy up to 10 bitcoins and leave it with that.

That's about the amount of money I could lose without *losing* crucial parts of my savings for retirement (aimed at in less than 10 years... omg!) ,
but OTOH, if it helps to even maintain the actual purchasing power of my money till then, I'd be happy already.
If it continues to rise in value, - wow, I'd be extremely excited and for once in my life, wouldn't have had bad luck with investments (yes, that could be read as a warning sign for you guys out there!  )

Right now just worrying about imminent major wars or economical crises that destroy the US's economy as it is, because both scenarios would likely have an enourmous impact on the Internet structure and thus Bitcoin also.

cheers,
p.

[Anegg]

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?

Yeah, sure that's not a bad idea, just don't invest a lot in bitcoin since that would be incredibly risky especially considering it is your retirement funds. I would recommend buying up to 5 bitcoins and then just leave it alone. If it rises in value for the next 10 to 20 years, your retirement fund could be very big. It is also a good idea to diversify your portfolio

[AltcoinAuthority]

Planning retirement only depending on bitcoin is meaningless, I think. You can't trust any of the assets existed in the world like that.

Relying on Bitcoin to pay for someone’s retirement is funny. Even if the price of Bitcoin gets up to a million dollars there is much more money that they could make as they are making money with Bitcoin. Living a life only depending on Bitcoin is a sad method to living.