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Author Topic: 2013-08-29 Market Watch - Do bitcoins belong in your retirement portfolio?  (Read 1032 times)
ArticMine (OP)
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August 29, 2013, 06:08:19 PM
Last edit: August 29, 2013, 06:31:13 PM by ArticMine
 #1
http://www.marketwatch.com/story/do-bitcoins-belong-in-your-retirement-portfolio-2013-08-29

I of course would argue they are a must.
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Le Happy Merchant
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August 29, 2013, 08:31:07 PM
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Hedging your bets is usually a good idea. I really don't get why people are so afraid to put in even $100 at this point.
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August 30, 2013, 12:33:07 AM
 #3
Quote from: Le Happy Merchant on August 29, 2013, 08:31:07 PM
Hedging your bets is usually a good idea. I really don't get why people are so afraid to put in even $100 at this point.

Because the price is still very low. When Bitcoin is recommended to the average consumer by the mainstream media as an investment then it will a very good indication that the time to sell has come. A really good indicator as to when to go short is when it is promoted on late night TV.

This by the way applies to many investments not just Bitcoin.
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August 30, 2013, 12:53:46 AM
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put 2% of your net worth in bitcoin and you'll retire a millionaire. 
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August 30, 2013, 01:46:27 AM
Last edit: August 30, 2013, 02:04:20 AM by ajw
 #5
Quote from: BCB on August 30, 2013, 12:53:46 AM
put 2% of your net worth in bitcoin and you'll retire a millionaire. 

[sarcasm]2 dollars does not equate to millionaire even 100 years later remember you don't gain interest like an annuity.[/sarcasm] 

thanks again this read has been great!
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August 30, 2013, 02:34:14 AM
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It is always wise to diversify.  So bitcoin is wise.
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