Bitcoin and retirement - how do you see your future?

[cluit]

Yes we don't know if crypto will stay for so long but even there's no assurance here like it turn to not well anymore still we need to take the risk here because we can do only the affordable for us to lose so we can easily accept that situation here so better to risk here like business in real life actually for me even they spread FUD or something bad about bitcoin still we need this in life that's why this is non-stop

Let's hope it does. The truth is that whether we like it or not, a lot of people will always prefer to leave their funds in crypto for very long due to the speed of transaction, borderless transaction and no involvement of a third party, asides the fact that you are going to be making a lot of profit on it as an asset in the long run.

Yes, we cannot tell what the future will be like, but it is definitely one worth it, because the truth is banks will never give you 1600% in a year, but at least after some time, he can diversify a little bit and probably set out the main capital $50 x the number of months he has been paying his pension and throw it back where it belongs.

Unfortunately, as long as BTC has a very volatile price, it's hard to talk about a profit guarantee. We do not know what will happen next year, it will cost 20k $ lun to fall to the price of 100 $ ...

You are talking stupid here. There is nothing in this world where you can find a fantastic source of income that have no loss, that have no risk factor attached or where you are guaranteed to make big moves and no loss can even touch you. This is really stupid enough to be said by some person. Everything have a profit and loss picture and we have to see both of them gradually.

I think the retirement money is probably the last money you get from your company or from the government. If a wise decision is made and the money invested in an asset has a good future, you are better off otherwise doomed. In my opinion, investing in crypto currencies is a good decision but in the same time, you should have a side investment like few shops in the market or a mega store as well to stay on the safe side and make your coming life comfortable.

[1714653729]

1714653729

[squog]

I guess if you're putting aside money for pension then i guess the right figure will ne at least 20% of your net earnings. After that whatever you have left over on your 80% you invest on other things other than crypto currency. The smart thing is you place whatever is left over the 80% on an emergency fund you use if ever you beed a medical procedure done.

[doraegun]

I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.

Description of the experiment:

"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:


How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "

He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?

Yes that's very good Idea sir, all kinds of Investment is really good but it depends upon the trend of business specially in Bitcoin because sometimes
your profit become stack because of a price value is in a level portion not to be going up and also not going down but don't worry sir  the time has changed it is not permanently in a stable of price because the certain feature of Bitcoin is Volatile and most probably always fluctuation but the story of Bitcoin now start from January 2018 until now it was flat of price so we just wait for the good price value.

[coinplus]

It's a great idea until it isn't.

Everything looks amazing when the percentages are big and everyone is making money, but there's no substitute for careful planning and investment.

Sure, a $50 bet can be fun, and a $100 investment that doubles, then triples in a short space of time is even better but don't gamble too much.

I like the first part. Over time though, cryptocurrency has proven to be a great form of asset as long term holders always end up having a better experience in the long run. Nevertheless, it is always important to take minimal risk, which I believe that $50 monthly from whatever you are getting is not really something too huge not to forego.

But at the same time, it is also important not to get too greedy when the percentage are getting rosy as that should give the OP or his friend a chance to at least diversify into other things, rather than putting the eggs in one basket.

[bummm]

I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.

Description of the experiment:

"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:


How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "

He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?

Yes that's very good Idea sir, all kinds of Investment is really good but it depends upon the trend of business specially in Bitcoin because sometimes
your profit become stack because of a price value is in a level portion not to be going up and also not going down but don't worry sir  the time has changed it is not permanently in a stable of price because the certain feature of Bitcoin is Volatile and most probably always fluctuation but the story of Bitcoin now start from January 2018 until now it was flat of price so we just wait for the good price value.

It seems to me that if you are retired you can get more time to deal with the cryptocurrency. You can sit at home, by your computer, and trade actively.

[yanesna3]

I will not take a gamble for my retirement in this high risk investment. Yeah I understand that we want to have a big returns but the risk is too high and considering that it's for your retirement funds. What if it goes worst? How will you recover that money and considering that you are old enough to go for work and you need money to support your medical maintenance. Will you still take a risk? I will still invest but to the amount which I can afford to lose not the whole retirement plan.

It is true that investing your pension pot in cryptocurrencies is foolhardy. You wouldn’t want to be left high and dry due to a crash at the cusp of your retirement. But I wouldn’t mind investing 10% of the money I have put aside for retirement in cryptocurrencies. Over the long term, they have the potential to provide a boost to my portfolio.

Why not thinking about making good money on the cryptocurrencies and investing it than in real estate? It will be a very good deal - just have some different apartments and give them for rent after.

[yslyv]

yeah it is a good idea to invest in crypto currencies. because crypto market has a huge potential of growing. and that people invested last year was very lucky because he involved the biggest bull run of bitcoin ever.

[3acaga]

I am absolutely sure that my pension depends on the crypto currency. I hope that my children will thank me in the future for my hobby at the moment.

[Cinemo]

I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.

Description of the experiment:

"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:


How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "

He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?

I see bitcoin will rise up again and continue its journey to greatness of that so I prefer to not retired and  that would be my future. Cause we all know that bitcoin and other cryptocurrency is our future. It is in demand now and the future. I think that the future of money real life I believe in this way, and the world at large a new value

[Skieleton]

I am absolutely sure that my pension depends on the crypto currency. I hope that my children will thank me in the future for my hobby at the moment.

Whether making money can be called a hobby. This is work. Regular work. The cryptocurrency market requires constant control if you want to save in the old years.

[andrei56]

I will not take a gamble for my retirement in this high risk investment. Yeah I understand that we want to have a big returns but the risk is too high and considering that it's for your retirement funds. What if it goes worst? How will you recover that money and considering that you are old enough to go for work and you need money to support your medical maintenance. Will you still take a risk? I will still invest but to the amount which I can afford to lose not the whole retirement plan.

If you read some books about investment for your retirement it is common practice that if you are younger you can take greater risks since you have time to recover from them if you fail but when you are older then you need to take safer choices, so if you are young take a risk with cryptocurrencies, but if you are very old it is better that you do not do it or that at most you invest a very small amount of your capital.

[sana54210]

I see that my future is bright because with bitcoin it gave me opportunity to earn money and those money will be used for my future business so if i will have enough money from bitcoin then i will just building businesses and that will give me a good source of income that will become the key for my good retirement.

People are earning a lot of money from BTCs but I want to ask one question because I really don’t understand how the people earn from these BTCs? If you can answer my question, I will be thankful to you as my question will be cleared.

If you are earning money from BTCs, be aware of that it can also happen to you that you can get a loss in it so make your plans to save yourself from it.

[ghiehhhh101]

Bitcoin and retirement are related this is my opinion about this, bitcoin is a very nice thing that even a retired person can work on With using so much force, they can still relax While working on it.

[ethereumhunter]

I see that my future is bright because with bitcoin it gave me opportunity to earn money and those money will be used for my future business so if i will have enough money from bitcoin then i will just building businesses and that will give me a good source of income that will become the key for my good retirement.

People are earning a lot of money from BTCs but I want to ask one question because I really don’t understand how the people earn from these BTCs? If you can answer my question, I will be thankful to you as my question will be cleared.

If you are earning money from BTCs, be aware of that it can also happen to you that you can get a loss in it so make your plans to save yourself from it.

I think someone can buy bitcoin at the low price before the price increase right now, I am sure that he can retire with a lot of money without confusing again about making money. bitcoin giving a way to every people to get their retirement with the money and they can retire in anytime especially if they have much bitcoin.

people can earn money from bitcoin in many ways. for example, by joining into signature camp or bounty campaign, they can earn satoshi or tokens and they can sell it to earn bitcoin. and like I say above, I am sure that people which buying bitcoin in the earlier time when bitcoin is not worth, they now make a lot of money.

[Harrow30]

If the rate of income/earnings is regular, then setting aside a particular sum per month or even weekly is a welcome strategy to having something to fall back on/retire with. But when it comes on and off and not in a consistent amount, it can be hard to meet up with the savings target. But I do know of keeping aside a good sum aside whenever an income comes in.

[Finestream]

If the rate of income/earnings is regular, then setting aside a particular sum per month or even weekly is a welcome strategy to having something to fall back on/retire with. But when it comes on and off and not in a consistent amount, it can be hard to meet up with the savings target. But I do know of keeping aside a good sum aside whenever an income comes in.

I think it's more on money management.Even how small your weekly or monthly income,if you really know how to save wisely,then you can possibly come up with a bigger amount for future retirement.But with bitcoin,even there is no fixed amount of income,rest assured that you will have a big profit in the end especially if you trade and hold for long-term investment.

[lelylely]

I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.

Description of the experiment:

"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:


How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "

He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?

Bitcoin is a potentially cryptocurrency, bitcoin values are also more likely to continue to increase. Bitcoin can benefit as a pension fund in the future and in old age we can live quietly.

[weblouartisan]

I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.

Description of the experiment:

"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:


How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "

He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?

Bitcoin and retirement are actually good to be partnered since you can work at home by investing immediately and start trading in the market, from there you can earn profit by trading in the market.

[Kiweikoo]

I came across a very nice experiment of one of my compatriots. He started to put up around $ 50 a month for pension. I will add that pensions in my country are low.

Description of the experiment:

"What is going on?
One of my many areas of interest are cryptocurrencies. There is a good chance that you have heard about bitcoin. A smaller chance that you know litecoin or dogecoin. If you want to know the technical side or economic cryptocurrency - use google. For the needs of my retirement, it is enough to know that cryptocurrencies act as cash in a modern version. They have their value (they are listed on the stock exchanges, they have their course), they can be safely stored, they can be sent immediately to any distance, practically free of charge and - with a little effort - they are anonymous. And they are today at the initial stage of development. Everyone who touches them is still an early employer, and this means that - with a high probability - a long-term investment in cryptocurrencies will be very profitable. I chose 4 cryptocurrencies for my retirement basket and gave them percentages indicating their presence in the basket. When making my choice, I based my own - already several years - experience in the cryptocurrency industry, the capitalization value of a given cryptocurrency (market cap) and the features that distinguish it from other coins on the market. And so I chose:


How much do I put aside? I did not want to set any fixed amount. Because you know - inflation, fluctuations in financial markets, etc. ... So I decided that the value of a monthly investment will depend on the minimum wage in Poland. In 2017, it is an amount of $ 540. And every month I invest 10% of this amount, that is 50 $. "

He has currently invested $ 1,600, and the rate of return since early 2017 is 1,600% = $ 27k.
It's a great idea, right?

I won’t really try putting my life savings into Bitcoin, no way! It’s a very big risk for anyone that does such a thing and I can’t risk it. I know a friend of mine that did that and ended losing more than 50% of his money. Best thing is to divide the money and make use of about 20 or 30% for Bitcoin investment, save the next 30% while you make use of the remaining percentage to start up an offline business.

[hatsoff2btc]

I will not take a gamble for my retirement in this high risk investment. Yeah I understand that we want to have a big returns but the risk is too high and considering that it's for your retirement funds. What if it goes worst? How will you recover that money and considering that you are old enough to go for work and you need money to support your medical maintenance. Will you still take a risk? I will still invest but to the amount which I can afford to lose not the whole retirement plan.

It is true that investing your pension pot in cryptocurrencies is foolhardy. You wouldn’t want to be left high and dry due to a crash at the cusp of your retirement. But I wouldn’t mind investing 10% of the money I have put aside for retirement in cryptocurrencies. Over the long term, they have the potential to provide a boost to my portfolio.

No doubt that is too much risky if a person will put all his pension in crypto trading, but I think that it is depending on your experience if you have already good experience in crypto trading then you can put some percentage of your pension in crypto trading, from which one can make a good profit in a short time.