ironman2014
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Activity: 266
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ImmVRse | Disrupting the VR industry
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July 09, 2018, 01:20:00 PM |
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I am hoping that bitcoin would be still alive that I could have my effort from it, while I would be old. But the obvious thing is that you can save some money from your earnings in order to use them in retirement.
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Chicksteen
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Activity: 200
Merit: 1
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July 09, 2018, 01:22:46 PM |
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Im not sure if bitcoin will still stay longer now. My future in bitcoin is ready to let go but i would not quit in cryptocurrency because theres so many coins that have the possibility to rise other that bitcoin. Maybe it is the end of bitcoin but it is the beginning on crypto to grow more.
I don't think this is the end of bitcoin, for now bitcoin price is just falling not ending, i don't want to think that now is the end of bitcoin ,we just need to wait until bitcoin will recover again and we earn again our profit from it. Bitcoin price will grow again. There is no foundation that lose its value. I will continue to take an opportunity to buy more volume. It is more popular to the people and well appreciated because earning is good from this. I have to build something that can give stable income using bitcoin so future will not be a problem anymore. |
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Joshapat
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July 09, 2018, 01:48:14 PM |
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For those who buy when bitcoin prices or under $ 100 then now they can retire, but for me to buy when the price is expensive or above $ 10,000 it makes a headache, but I am sure that the future will continue to improve and the end of the year can reach at least $ 25k.
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Chupacabras
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Activity: 166
Merit: 10
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July 09, 2018, 03:11:31 PM |
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I think this depends on your current age, if you're already 53, as my grandfather. I can try to teach you to earn money here and cryptocurrencies, but if you are 13, I think it is too early to think about retirement.
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GoodLuck2
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July 09, 2018, 08:33:45 PM |
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Will bitcoin is a great idea tto those people who retired. Because people who retired have lot of time in sitting thier chair. But if they will know bitcoin thier time will be usefull
Yes after being in the bitcoin they will be able to use all the spare time in making profit for their family, we before the arrival of bitcoin most of people after retirement were compel to use their time in watching movies and sitting idle but now they have bitcoin, so if a person buy some bitcoin he will not be worry about his retirement life, everyone should save bitcoin because any job will get fade someday but only bitcoin will be there to feed you then. |
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ethereumhunter
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July 10, 2018, 05:52:27 AM |
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I think this depends on your current age, if you're already 53, as my grandfather. I can try to teach you to earn money here and cryptocurrencies, but if you are 13, I think it is too early to think about retirement.
it will be good if you are 13 years and you can try with investment. and if somehow, bitcoin price increases then I am sure that you can retire in the young age and you will become one of the richest people in your city. you don't have to search jobs in your city, you can enjoy your life without having a problem, you can get prosperity, wealthy and your life will better because you don't need to think about the money that is important for our life. |
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coly20032003
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July 10, 2018, 06:06:41 AM |
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For me, bitcoin is an investment, just like my stock investment. If I can make money from it, that would be great. Bitcoin has higher risk than stock investment, but it can bring much higher return as well. I still have full faith in bitcoin price recovering and hopefully it can help me with my retirement.
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Tiktik
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July 10, 2018, 06:07:40 AM |
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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?
Retirement is not sure how much for a new cryptocurrency. I even its stabilized and technology in the right direction, I believe in science, and other information about the market. The real question, I believe in science and technology. The only one to have a good thing that you can do |
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ivandu
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July 10, 2018, 06:17:55 AM |
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For me, bitcoin is an investment, just like my stock investment. If I can make money from it, that would be great. Bitcoin has higher risk than stock investment, but it can bring much higher return as well. I still have full faith in bitcoin price recovering and hopefully it can help me with my retirement.
personally for me bitcoin can be my main source income.although much people said it is to risky for me, but i am very sure about blockchain technology could be applied in several fields. |
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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July 10, 2018, 09:49:10 AM |
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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?
Uuhm… quite a good idea. If you like it and you feel like it’s going to work out for you, then go for it. As for me, bitcoin is not how I plan my future, I have something else to do… I want to be into business, not just a small one but a big business that will be making me lots of money. Bitcoin is just a startup for me, I’m still young and I have a long way to go in this, so I’m working really hard, but one thing for sure is that I’m not going to be relying on bitcoin in future, I will build something stable and even more reliable. |
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zanezane
Full Member
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Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
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July 10, 2018, 10:06:18 AM |
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I think this depends on your current age, if you're already 53, as my grandfather. I can try to teach you to earn money here and cryptocurrencies, but if you are 13, I think it is too early to think about retirement.
Yeah it's too early but there's nothing wrong for thinking that as the early the better besides you can always retire young with bitcoin. We all want to live our life worry free and that can be happen if you'll have financial freedom. I see my future like this through the help of cryptos and this is much more realistic than ever. |
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Financial Freedom 4U
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Merit: 31
Stable coin to make charity free for everyone
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July 11, 2018, 08:33:36 PM |
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Regardless of you are still employed or retired, here are 3 key ideas that can help you to achieve financial freedom if you can read bewtween the lines.
Depth is for people to make them slaves
Cash is for people to keep them poor
Assets is for the elite to keep them in power
If you choose Gold, Land, Bitcoin or whatever as your assets is actually secondary.
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phillippw6
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Merit: 0
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July 13, 2018, 06:27:51 AM |
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The millennial generation knows that the investment in a retirement fund is not the smartest move to gather enough wealth for after retirement due to the factor of inflation, the value of money decreases or remains constant with time whereas the value of cryptocurrency only increases in the long run.
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thecoder2017
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Activity: 280
Merit: 10
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July 15, 2018, 10:20:34 PM |
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Even though your not old enough to retire earn as much as you should because you dont what will happen in the future so it is better if you do it now so when you reach your retirement you have a sufficient money to use in your older days.
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cryptocurrencyguru
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Activity: 280
Merit: 11
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July 30, 2018, 11:38:22 PM |
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bitcoin is definitely for long-term future and we can see the profits coming in bitcoin can be used for retirement Bitcoin is worthy digital commodity we can consider for retirement
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mornabo
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July 31, 2018, 12:25:15 AM |
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Im not sure if bitcoin will still stay longer now. My future in bitcoin is ready to let go but i would not quit in cryptocurrency because theres so many coins that have the possibility to rise other that bitcoin. Maybe it is the end of bitcoin but it is the beginning on crypto to grow more.
I don't think this is the end of bitcoin, for now bitcoin price is just falling not ending, i don't want to think that now is the end of bitcoin ,we just need to wait until bitcoin will recover again and we earn again our profit from it. Yeah you right, this is not the end of bitcoin, you can see the current price are recover and you should know that bitcoin is still very superior, for now the effect of bitcoin is very big in crypto market, if bitcoin die of course crypto will most likely die too, so I do not think that bitcoin will die anytime soon |
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Impulseboy
Jr. Member
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Activity: 196
Merit: 4
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July 31, 2018, 01:52:47 AM |
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Does make sense and seems to be working well for him so far.
I probably wouldn't put all my eggs in one basket though. I mean it's likely the currencies he has invested in will continue to grow but there are no gaurantee's off course.
Perhaps it might be a good idea for him to take out like 10% of the $27k to re-invest to diversify a bit.
I agree with you on this one. We dont know how long cryptocurrency is going to stay, although it looks like it will be around for a long time. That still does not mean that you should put everything in one place alone. Like in traditional banking, for example. I have more than one bank account where I try to save money for, for different reasons. I do this because different banks offer different benefits. Perhaps if he invest his money on other cryptocurrency than just bitcoin. Then again if it works for you right now then that is your choice. |
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ethereumhunter
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July 31, 2018, 04:14:13 AM |
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Im not sure if bitcoin will still stay longer now. My future in bitcoin is ready to let go but i would not quit in cryptocurrency because theres so many coins that have the possibility to rise other that bitcoin. Maybe it is the end of bitcoin but it is the beginning on crypto to grow more.
I don't think this is the end of bitcoin, for now bitcoin price is just falling not ending, i don't want to think that now is the end of bitcoin ,we just need to wait until bitcoin will recover again and we earn again our profit from it. Yeah you right, this is not the end of bitcoin, you can see the current price are recover and you should know that bitcoin is still very superior, for now the effect of bitcoin is very big in crypto market, if bitcoin die of course crypto will most likely die too, so I do not think that bitcoin will die anytime soon I agree with you. bitcoin and the other coin can give us a big money for retirement and we can retire without worried about finances. as long as we can follow the cryptocurrency journey and we are still trying to collect more and more profit, then in the future, we can have much money which means we can retire in anytime we want. I see that if I can still in the cryptocurrency, I can make a lot of money like other people so I see that I have a good future and this makes me wants to collect more money from crypto. |
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patarfweefwee
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July 31, 2018, 04:42:54 AM |
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If you're thinking of your retirement fund then you could definitely set aside a fixed percentage of your income and not necessarily a fixed value. I personally put aside 10% of mine as a retirement fund. But the most important thing is to know when to place it in crypto currency. You can put it in a local wallet then buy crypto currencies when the price is low enough.
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Deubila
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July 31, 2018, 12:49:33 PM |
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For those who buy when bitcoin prices or under $ 100 then now they can retire, but for me to buy when the price is expensive or above $ 10,000 it makes a headache, but I am sure that the future will continue to improve and the end of the year can reach at least $ 25k.
Actually the bitcoin of the period when it started to be on the market is just a gift. No one even cared about it and there were a few people who bought it so that it was relatively large. I remember someone telling me the story: "There was a guy who was introduced to a bitcoin in the first year, about 50,000 BTC at that time, it was only a few dollars." And suddenly in 2017 the value of it is that you understand how much money it is. |
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