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Author Topic: Wasn't that good to use bitcoin as your lifetime asset?  (Read 3838 times)
Casmania
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August 11, 2017, 11:36:43 PM
 #41

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Search and review charts about bitcoin. You could see that it is booming in which you can infer that there is a big possibility that it would continue to increase in the years to come. Bitcoin has the full potential to grow even more especially now the world's relying more and more on technology and digital. So, I could say that yes, it is good to invest on bitcoin.

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August 12, 2017, 12:04:01 AM
 #42

There is no problem about that sir and it was a food idea. But if you will ask me sir, i will prefer not to make such things like that. I want to focus on my future family. You know why sir? Beacause I am rich that time and my siblings are doing bitcoin also.

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August 13, 2017, 09:20:57 AM
 #43

I think its not a bad idea today. As you can see, bitcoin price still increasing. But things are uncertain, we'll never know what might actually happen in the future. If after many years and bitcoin is still existing, then that's good for you. But if the opposite happens, it your loss and there no stopping to that. Its just a matter luck and wise decision. The choice's on you
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August 13, 2017, 11:56:48 AM
 #44

I think it is a good idea to make bitcoin as your lifetime asset, and  since you are a newbie you'd better educate yourself about bitcoin so you can invest in them right away and hopefully earn much to put it as your life investment. The technique to making this happen is really to gain more knowledge about bitcoin and some altcoins.

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August 13, 2017, 12:37:17 PM
 #45

No it isn't during retirement we all will pensions which we be sufficient if not we can save few bitcoins for the future but saving all is not a decision when you are old what will you with all these fortune you won't have much energy it's better you enjoy the bitcoin fortune earlier ans save few for retirement don't make money the only objective of life.
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August 13, 2017, 12:49:01 PM
 #46

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
You cant be sure and you should really not expect at all because theres no guarantee that bitcoin would still exist on those years that we do retire and we should not risk all of our money on bitcoin and just invest or put the money you can afford to lose up. Im not bitter here about bitcoin but its the reality and we know theres no permanent on this world but believing on bitcoins potential isnt really bad at all.


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August 13, 2017, 02:12:45 PM
 #47

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Bitcoin does not know your age so when you are 60 you can still join it. All choices are yours. If you decide to continue investing in Bitcoin, you can do so until you die. Or you can invest now and hoard a large amount of BTC for old use. BTC is never reduced, so you do not need to worry

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August 14, 2017, 09:16:06 PM
 #48

Usually people left for their childs money, house, cars, in the future they may left bitcoin instead money or others materials things, the fact is that bitcoin is being used as store of value for some people, and till now they are making good results, all people which had invested had been able to roi already, some people will be able to retire before reach the time and age needed to retire.

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August 15, 2017, 07:22:17 PM
 #49

Bitcoin will outperform anything you know in term of rentability, so put everything into it. The retirement pension gives very little returns for a great investment all your life long. Better put them into Bitcoin.s
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August 15, 2017, 08:13:25 PM
 #50

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Bitcoin does not know your age so when you are 60 you can still join it. All choices are yours. If you decide to continue investing in Bitcoin, you can do so until you die. Or you can invest now and hoard a large amount of BTC for old use. BTC is never reduced, so you do not need to worry
Obviously bitcoin has to do nothing with our ages. It is an open investment for all type of people no matter what is their age, colors, caste etc. Indeed if you will invest into Bitcoins at present, they will pay you off in future by returning your investment manifolds more than it.

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August 15, 2017, 10:09:37 PM
 #51

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
I am not sure whether you could conceive this as a pension scheme unless you were able to mine the coins when the difficulty was really low but one thing i expect is that if you are holding for a long time then the price could help you settle down for good,these are just speculation and if that happens then it is well and good.


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August 15, 2017, 11:02:31 PM
 #52

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

To give you a sort of advice particularly you are newbie here I guess most of the information might be helpful. I wanted to open up a better opportunity which you can appreciate well, so making bitcoin as a lifetime digital assets is a trusted and reliable investments for your pension or whatsoever you have and before reaching that time of getting old in the future; start investing now and hold a bitcoin value in your wallet.
Actually that is true if you want to earn and have a more profit you need to consider to trust Bitcoin by holding it until the price pump. But if you have doubts on Bitcoin it okay if you consider on making a partial investment on Bitcoin as a form of trading or simply holding then make a portion of it that you could used in the form of fiat so you could possibly earn some and make profit out of it and you wi not regret on not believe Bitcoin just like other people did in the past few years.

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August 15, 2017, 11:16:08 PM
 #53

Nope. For few reasons.

1. Nobody can tell you what will happens with BTC and other cryptos in 20-30 years. Just look 20-30 years back and the technology now.
2. When quantum computers become publicly available, 100 qbit quantum will be able to crack any private key with a blink. The protocol and security measures will need to be changed in advance.

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August 15, 2017, 11:23:56 PM
 #54

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
I don't think that it will be a good idea to hold bitcoin for 20-30 years because we might not know what will happen and technology will evolve at that time. Maybe there will be a certain process that time to crack anyone's bitcoin wallet so it would be unwise to hold bitcoin for that long. If you were to hold it, hold only 30-100 btc not more. Also, always remember to take profit.
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August 15, 2017, 11:32:00 PM
 #55

There are many people who already did this idea to invest in bitcoin as a lifetime savings, or for pension in the edge of your life.
But, I recommend to invest on others potential business that you can find and may be profitable in your city, even buy a land is a good way for future savings because we don't know what will happen to bitcoin in 30 years later.  So, make sure you have some back-up plan instead of just rely on one investment, divide your wealth is always a good way.
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August 16, 2017, 12:08:20 AM
 #56

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

We can't really tell that we are rich if all our assets are in bitcoin. When you already converted your btc to fiat then thats the time you can tell that you're rich. Same as this, if you just hold your coins for your future but you can't really tell what will happen in bitcoin in the future. So better diversify your investment into a real one. Have a business or buy a real estate and that will be use for your pension when you decided to retire.


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August 16, 2017, 12:18:49 AM
 #57

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Search and review charts about bitcoin. You could see that it is booming in which you can infer that there is a big possibility that it would continue to increase in the years to come. Bitcoin has the full potential to grow even more especially now the world's relying more and more on technology and digital. So, I could say that yes, it is good to invest on bitcoin.

You cannot infer that through charts and past performance. In investments, past performance do not guarantee future performance. And technical analysis in bitcoin does not normally work. It defies ta. The tech behind bitcoin is great. Blockchain is the future that is why it is a good investment.

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August 16, 2017, 02:39:48 AM
 #58

Indeed, the one who invests in Bitcoin today will look back in 20 years and know it was the best asset they ever bought. Smiley



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gabmen
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August 16, 2017, 05:07:56 AM
 #59

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Its still too early to tell and be certain about it dude. Right now up to the next couple of years, bitcoin would be a very good asset but to think up to retirement? I think its better to invest on other things as well and not solely on btc.

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August 16, 2017, 06:56:18 AM
 #60

Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.

Considering the way things are happening to Bitcoin right now, it would be safe to assume that it can be a good investment for retirement purposes...meaning that you just hold on to your Bitcoin and maybe when you are already 60 then it is time to cash-in. However, it should also be noted that this will never be risk-free as there is no such thing in the first place and what can happen in the world economy as well as cryptocurrency can affect the future of Bitcoin. So if I were you, invest in Bitcoin and then always be watching developments in the market.

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