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Author Topic: Bitcoin and retirement - how do you see your future?  (Read 2110 times)
jayyen
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June 09, 2018, 04:21:26 PM
 #141

I do not see any retirement here.Once you are able to acquire good skills in ether bounty hunting or trading,you can always use those skills even in your old age.There is no physical energy usage so no matter how old you are,you can still work without any problems.
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June 10, 2018, 04:29:30 AM
 #142

bitcoin has limited supply and bitcoin has a very high demand that makes bitcoin will be expensive from year to year. I only see the future of bitcoin that I see in the future bitcoin prices will be very expensive
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June 10, 2018, 05:32:50 AM
 #143

it seems that if you want to get a pension fund from bitcoin it will not be able to because bitcoin can only give advantage when you are still trading, when you are not trading then bitcoin will not be able to give advantage for you.
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June 10, 2018, 12:37:13 PM
 #144

it seems that if you want to get a pension fund from bitcoin it will not be able to because bitcoin can only give advantage when you are still trading, when you are not trading then bitcoin will not be able to give advantage for you.

maybe he can get retirement only if he has much bitcoin in his wallet so he doesn't have any problem to withdraw in any amount of bitcoin because he still has much amount. I think we can try to collecting bitcoin from now and keep doing this for one year or more so when the price increase higher, we can try to sell it to make money and if we can do this, I am sure that we can retire with a lot of money.

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June 11, 2018, 02:42:31 AM
 #145

Will i think bitcoin is a good way saving your money till your retirement. Infact if you hold your bitcoin in many years there are big chances that when the time comes and you get retired and the bitcoin is still alive then you are a millionaire. Because every year bitcoin grow and grow
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June 11, 2018, 02:58:44 AM
 #146

it seems that if you want to get a pension fund from bitcoin it will not be able to because bitcoin can only give advantage when you are still trading, when you are not trading then bitcoin will not be able to give advantage for you.

And I think, for me, that is the good thing about Bitcoin. When I will be retiring to my job, I want to still working even if I am just in my house. If I get old, I don't want to be a burden to my family and my children. I will continue to trade my Bitcoin and my other crypto currencies since in that time I don't really have a thing to do except from a lot of maintenance and time for my family and myself.

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June 11, 2018, 03:53:52 AM
 #147

10% of 540 is 54$ to he exact so does mean its more than what is mentioned the gaining from investment,such a good number and hope this is true and happening in real life,because 10% of monthly income is big amountbif you have a normal count of family member,if youre children is studying and you lifestyle is minimum living.

But still nice experimenting hope you can really apply that to life and so you can put some proof here for transparency
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June 11, 2018, 07:50:21 AM
 #148

I do not think that I will stop doing this in my old age, because then really there will be a lot of time to do crypto Smiley
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June 11, 2018, 09:51:51 AM
 #149

In my country I know that my generation would not have money paid to them when they would get retired anymore, so bitcoin is an exit
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June 11, 2018, 11:41:30 AM
 #150

bitcoin is unlikely to be used for pension funds, bitcoin moves if you are trading bitcoin and your new altcoin can benefit. if not you your movements will not be able to benefit.

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June 12, 2018, 08:35:28 AM
 #151

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?


Wow… Dogecoin🤔 it’s been a long time since I invested on Dogecoin. I don’t even know anything about it right now, I also don’t see anyone talk about it again. When I got into crypto investment as a newbie, I started with Bitcoin and Dogecoin, and later added Litecoin to my portfolio. After my first year, I decide to quit Dogecoin and continue with other ones. Bitcoin is the best, but I’m not going to rely on any of these so much. There are more important things to focus on than that.
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June 12, 2018, 01:30:30 PM
 #152

Wow... That is a pretty great idea of saving up for the future and getting your old age after work guaranteed. The thing about saving in cryptocurrency though is the risk, but over time I believe things will definitely settle and it is going to be a risk worth taking. $50 monthly is a pretty good one, looking at the fact that you really are not putting so much. However, what I would suggest is over time, like your friend who has gotten 1600% can move a bit of it into fiat so as to at least blend it up while continuing with his savings as usual.
Yeah, a very good one. Gone are those days when you just put your funds in the bank and then you eventually realize nothing is even coming in it for you. There is a great potential for bitcoin and with that kind of amount even if it is little than that, obviously can become something to settle with as a retirement benefit in the long run.

It is a huge risk as well, and this is the reason why one may not have to keep saving everything and probably some little bit of diversion of certain percentage into fiat, but in the long run, this pattern with bitcoin I believe will be worth it when all things end up being equal as expected.
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June 12, 2018, 01:39:24 PM
 #153

Bitcoin is my passion and i work here till i gain maximym Bitcoin to make better my future after retirement and i think Bitcoin is the way where you can earn maximimu to live better life because there is hard to survive upon low rate of pension.
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June 12, 2018, 01:49:35 PM
 #154

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 think though we do not know if crypto will last so long but even there is no guarantee here as it turns out to be no good anymore we still need to take a risk here because we can do only that is affordable for us to lose so we can easily accept the situation here so it's better to take the risk here like business in real life.
but I believe crypto will last long because crypto is technological progress.
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June 12, 2018, 02:47:57 PM
 #155

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?



Retiring is not a problem if you knew about cryptocurrency, there is no need to invest as well because you can work here in this forum and promote different ico's where you can earn cryptocurrency to start trading in the market or just hold your coins and wait for the highest price to come out in the market.

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June 12, 2018, 07:00:07 PM
 #156

We see our future, we know we are going to retire after a year or decade. We are going to this stage of retirement. We cannot settle for retirement, but we can invest to have a good retirement. Bitcoin is one of the best to invest on today, we can see how bitcoin is going for our innovation. We can invest now to have a profit or income.
Bitcoin is definitely one of the best options for anyone who is actually looking into retirement plans in the future.
I am sure a lot of people may actually want to be a bit skeptic as to what the future holds for the market in general which is good but at least it is worth the risk and since it is not like you are putting all your savings entirely makes it great.

We do not know what the future would be like in the next few years, but from where we are today, i believe it is going to be a great one, so it is a nice move and at least the imagination of what the future brings, will compel you to keep going on.
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June 12, 2018, 09:09:51 PM
 #157

For retirement you could have the bitcoin as the perfect options guys bro. Please invest your fund on good ICO and some half of the fund on the wallet as a investment for long time bro. I am damn that you can make the profit in 10 times if you wait for 5 years from now also.
People in the age above 50 will be able to invest and make the profit at the present time as well bro.
it is actually the perfect option. Although, some people may be a bit skeptical about the fact that no one knows what the future of bitcoin is like, how things will end up playing out, but at least from some of the hand writings on the wall.

For those who are smart enough to take some calculated risks, I want to believe that the future is bright and a lot of development and growth is going to eventually kick in the more. By the time one may not have even reached retirement age, you may even just want to quit and say you aren’t doing no more based on how much you may have been worth by then.
If you are young and you are dedicating an important part of your income to save for your retirement and you are considering cryptocurrencies then the most likely outcome is that you will do fine and that you could be even able to retire early, that is a topic in which I'm deeply interested and yet people of my generation do not care about it when there are many studies predicting that people from our generation will be unable to retire if things keep going in the current direction.
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June 12, 2018, 09:34:10 PM
 #158

For retirement you could have the bitcoin as the perfect options guys bro. Please invest your fund on good ICO and some half of the fund on the wallet as a investment for long time bro. I am damn that you can make the profit in 10 times if you wait for 5 years from now also.
People in the age above 50 will be able to invest and make the profit at the present time as well bro.
it is actually the perfect option. Although, some people may be a bit skeptical about the fact that no one knows what the future of bitcoin is like, how things will end up playing out, but at least from some of the hand writings on the wall.

For those who are smart enough to take some calculated risks, I want to believe that the future is bright and a lot of development and growth is going to eventually kick in the more. By the time one may not have even reached retirement age, you may even just want to quit and say you aren’t doing no more based on how much you may have been worth by then.

Bitcoin is always a good option for todays era, it profitable in so many ways, For the retirement period, before investing to crypto please always assure to make safety of your investments, choose the right coin and always calculate the risk you will be taken to.
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June 14, 2018, 06:11:18 AM
 #159

Retirement is past.. persons who are hoping for that to have money live with closed eyes, want money - work hard, it is a truth of future
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June 14, 2018, 06:21:18 AM
 #160

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:

-snip-

I guess this could work in the medium to long term because cryptocurrencies are a far better investment when they are done with long time periods. However, i believe this could still be optimized by not blindly investing a certain amount monthly. As we know, crypto is extremely volatile and a little optimization you can do is actually time your monthly investments at points where crypto is in a downward trend. Take some time to look at charts and all that, it shouldn't take up your time but being able to see the peaks and valleys will help you asses if the time is right to invest.

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