Retirement fund

[spatifilium]

I thought I'd start collecting some coins as a retirement investment.
What do you think which coins would pay off as a long-term investment?
I mean that in a period of 10-20 years.
I started collecting Siacoin, Ripple and Lisk. Any potential there?
What do you think of that idea in general?

[Speakmore]

Well, I don't know too much about savings accounts and shiznit like that... But when you refer to retirement planning/savings -- typically you want something safe that has a greater chance of accruing money overtime. That's my guess.

That being said, think your best bet is by far Ethereum. Problem with that is I'm not entirely sure how much more it'll go up (exponentially). I think you can get about 3x your investment, especially in the years to come if you can lock it away. Very safe investment imo - compared to your other listed coins.

[jeffthebaker]

I don't think any cryptocurrency is a worthy retirement investment- so much can change in 10-20 years! With that being said, if you're looking to hodl long term, your best bet is Bitcoin. It's the blue chip of crypto, like it or not.

[adroitful_one]

I don't think any cryptocurrency is a worthy retirement investment- so much can change in 10-20 years! With that being said, if you're looking to hodl long term, your best bet is Bitcoin. It's the blue chip of crypto, like it or not.

Definitely put the majority of your funds into Bitcoin. Then, if your really want to diversify it, you can put a small percentage of it into ETH. This is what i'm currently doing. I do think you can get a decent return off of ETH in a few years. However, I wouldn't risk that much long term on it

[bkbirge]

The basic general advice I've always seen is when you are young then your investments should tilt toward growth and as you get older gradually tilt toward more stable.

With that in mind altcoins are fine as part of your portfolio particularly for aggressive growth.

But 2 rules:
1) Always adjust your portfolio, at least review once per quarter to make sure your performance is going where you want it.
2) Diversify. That doesn't just mean a bunch of different altcoins. That could mean some bitcoin, some altcoin, some gold/silver, some mutual funds, an IRA, some stocks, some cash hidden in your coffee can, etc. The split you choose for these is very personal but basically all come down to how you view risk management.

Also I think most people would consider their retirement savings to be of the "buy and hold" variety and avoid trading too much with it if at all.

Also another thing I see very few people doing is having a target for their retirement, in years and fiat. There are many calculators on the net that can help you with this.

[Bowtiesarecool]

The basic general advice I've always seen is when you are young then your investments should tilt toward growth and as you get older gradually tilt toward more stable.

With that in mind altcoins are fine as part of your portfolio particularly for aggressive growth.

But 2 rules:
1) Always adjust your portfolio, at least review once per quarter to make sure your performance is going where you want it.
2) Diversify. That doesn't just mean a bunch of different altcoins. That could mean some bitcoin, some altcoin, some gold/silver, some mutual funds, an IRA, some stocks, some cash hidden in your coffee can, etc. The split you choose for these is very personal but basically all come down to how you view risk management.

Also I think most people would consider their retirement savings to be of the "buy and hold" variety and avoid trading too much with it if at all.

Also another thing I see very few people doing is having a target for their retirement, in years and fiat. There are many calculators on the net that can help you with this.

Like he said, the most important part is reviewing your portfolio every once in a while to evaluate the progress of your prospects and never bet the farm on one coin alone

[renes]

Sia is a good option I think. And add also bitcoin, I really believe it will be 500k in the future.

[finnovatie.nl]

The basic general advice I've always seen is when you are young then your investments should tilt toward growth and as you get older gradually tilt toward more stable.

With that in mind altcoins are fine as part of your portfolio particularly for aggressive growth.

But 2 rules:
1) Always adjust your portfolio, at least review once per quarter to make sure your performance is going where you want it.
2) Diversify. That doesn't just mean a bunch of different altcoins. That could mean some bitcoin, some altcoin, some gold/silver, some mutual funds, an IRA, some stocks, some cash hidden in your coffee can, etc. The split you choose for these is very personal but basically all come down to how you view risk management.

Also I think most people would consider their retirement savings to be of the "buy and hold" variety and avoid trading too much with it if at all.

Also another thing I see very few people doing is having a target for their retirement, in years and fiat. There are many calculators on the net that can help you with this.

Like he said, the most important part is reviewing your portfolio every once in a while to evaluate the progress of your prospects and never bet the farm on one coin alone

And when investing a small percentage in altcoins remember to stay updated on the last developments of these altcoins. Some altcoins have to get exchanged when a hardfork is coming.

[justone123]

I  disagree, bitcoin is a very unstable investment right now. I would not be willing to risk anything in bitcoin until the scallability issues are resolved(wait till august first atleast). The fork could be nasty.

Don't trust bitcoin at this time!!

Also Ripple has very bad fundamentals, i don't see any reason why it would gain value. If you want to use centralized system, you can use PayPal. Also no bank will use Ripple, and even if they did they would buy them from Ripple the company and not from the market. Not to mention Ripple continues to dump their coins to you, stupid buyers. They locked 88% of the funds for 4 years, but in those 4 years they can dump 1,5M$ EVERY day for 4 * 365 days. Now go figure if it's a worthy investment.

[bustomi]

Sia is a good option I think. And add also bitcoin, I really believe it will be 500k in the future.

yeah you are right, also add at least 10 kind of coin for long investment because any other altcoin also will raising on the future

[Febo]

I thought I'd start collecting some coins as a retirement investment.
What do you think which coins would pay off as a long-term investment?
I mean that in a period of 10-20 years.
I started collecting Siacoin, Ripple and Lisk. Any potential there?
What do you think of that idea in general?

keep Siacoin and cut of Lisk and Ripple.

Add 100 XMR and 1000 AEON, and you will be fine.

[Pfizer]

Oh my god, do you really link your retirement to Siacoin and Lisk? Man this is like a lottery. You could get it or you could regret like "why didn't I buy bitcoin and ethereum instead these garbage" so be careful. This is risky.

[adroitful_one]

Oh my god, do you really link your retirement to Siacoin and Lisk? Man this is like a lottery. You could get it or you could regret like "why didn't I buy bitcoin and ethereum instead these garbage" so be careful. This is risky.

Yea.. Not sure about Siacoin, but i've been mining BURST using a bunch of hard drives I have laying around letting those sit in a wallet. Got nothing to lose on it since i'm not investing anything and it barely even uses any electricity. Rewards lower per month and there's a good chance it could be worth more next year. Just an idea for those of you that have a bunch of old hard drives laying around. Like I said, it barely even uses any electricity(I leave my computer on all the time anyways). So it's basically a free investment

[riskthebiscuit]

Do not bet on alt coins for your retirement fund. BTC is the way, but do monitor that as well. Although it may look like it will be anywhere from 10k-1m a coin in the future, you truly never know what will happen!

[jeffthebaker]

2) Diversify. That doesn't just mean a bunch of different altcoins. That could mean some bitcoin, some altcoin, some gold/silver, some mutual funds, an IRA, some stocks, some cash hidden in your coffee can, etc. The split you choose for these is very personal but basically all come down to how you view risk management.

Back in the day (in reality, just a few years ago) people would suggest holding a number of Bitcoin, and a physical bar of gold and silver. Bonus points if you have trezor or ledger, and can stack them all on top of one another to post on reddit for sweet sweet karma.

[vlad06]

Ether and Bitcoin for the long haul, unless WW3 hits in which case forget about your retirement.

[bhaveshm94]

Good Coins For Long Term May Be For 1-2 Years,
1: Bitcoin ($10k+ In Next 2-3 Years, May Be $100k In Next 10-15 Years)
2: ETH ( $1000+ in 2018)
3: ETC ( $100+ in 2018)
4: Stratis ( $100+ in 2018)
5: Factom ($100+ in 2018)
6: DGB ( $0.50-$1 in 2018)
7: NXT ($1- $2 in 2018)

Investing in All Coin which has good Future plan and a better developer team is always profitable in short term as well as long term, coz daily crypto currency receive millions of investment from whole world.

[spatifilium]

Of course it will BTC and ETH be the best investment, but I already use BTC and spend it over a debit card, I was thinking more about investing some smaller amount into a coin with potentials, and forget about it, if by chance a few years the value increases I can replace it for something else

[Sowik]

10-20 years is a lot of time. We can't know what will happen in this time, crypto currencies may become super popular, used in our daily life or they could die out.

[jjacob]

I thought I'd start collecting some coins as a retirement investment.
What do you think which coins would pay off as a long-term investment?
I mean that in a period of 10-20 years.
I started collecting Siacoin, Ripple and Lisk. Any potential there?
What do you think of that idea in general?

Pick up a smattering of coins. Small amounts should do, given that these alts will be dead or will grow multifold.
I would personally pick ZCash, Monero and may be BitBay.