metalglowd
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February 13, 2019, 05:41:10 PM |
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If I'm old enough and I have pension funds, I'll definitely invest it somewhere so it can sustain some of my needs in the future as long as I don't need the money for the meanwhile. At least these folks has the guts to invest in cryptocurrency, they are re-investing their money which is a wise idea. Someone is going to be very happy or very pissed off in the future.
Lets all wish them the happiness in the future, I don't want to them to be pissed off because they lost their money's value after investing to crypto. I don't want them to blame crypto one day. if to lose it depends on how he uses it because if he is a true investor it will definitely not lose because he knows the strategy that will be used if the crypto goes down However, pension funds should not be used as investment material, especially in crypto because you know.... its volatile so this is very unwise decision, People should know that we have to use funds that are considered "worth to lose". When pension funds used in crypto and that investor was loses, other's only can said "I'm sorry to hear that"
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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February 13, 2019, 05:47:54 PM |
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That must be a brave decision they made. As others are feeling. dismayed on the current status of cryptocurrency in general, they have taken a bold step. They must have seen the future potential of cryptocurrency and they don't want to be left behind in not engaging on it. This news will encourage readers to do the same as well.
It will be another tough discussion between those who believes and non believers, pension funds can be good for investment but if you are already old enough your priorities is to enjoy life as you already spent most of it working, for those who invested their money how long they will need to wait again, they won't enjoy their money if the bull trend happen after another 5-10yearsagain.
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drbatra
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February 13, 2019, 06:00:43 PM |
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That must be a brave decision they made. As others are feeling. dismayed on the current status of cryptocurrency in general, they have taken a bold step. They must have seen the future potential of cryptocurrency and they don't want to be left behind in not engaging on it. This news will encourage readers to do the same as well.
It will be another tough discussion between those who believes and non believers, pension funds can be good for investment but if you are already old enough your priorities is to enjoy life as you already spent most of it working, for those who invested their money how long they will need to wait again, they won't enjoy their money if the bull trend happen after another 5-10yearsagain. Who ever is going to invest the pension money have to be in old age and still wanted to invest the future money in another more delay then it has to be very risky as how much it will take for market to recover dont know.
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romero121
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Vave.com - Crypto Casino
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February 13, 2019, 06:12:51 PM |
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There are lot of users who are using their pension funds into crypto, and at the same time there are users who has been regularly saving a small earning in terms of crypto for their future believing the growth of cryptocurrency. Though it has got risk people have positive hope and that's the reason such kind of investments were increasing with bitcoin and other cryptocurrencies. Probably we can soon expect some ico targeting these kind of people.
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wxa7115
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February 13, 2019, 11:41:36 PM |
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While I love bitcoin I do not really think that this is such a good idea, pensions funds should concentrate themselves not as much in getting profits but on not getting losses, the volatility of this market could destroy the future of all of those that have their money in the pension funds that invest in this market, can you imagine the outrage that it will produce if some of those pensions funds invest heavily in altcoins only to lose it all? That is something I really do not want to see.
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deppil
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February 14, 2019, 01:05:00 AM |
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That must be a brave decision they made. As others are feeling. dismayed on the current status of cryptocurrency in general, they have taken a bold step. They must have seen the future potential of cryptocurrency and they don't want to be left behind in not engaging on it. This news will encourage readers to do the same as well.
It will be another tough discussion between those who believes and non believers, pension funds can be good for investment but if you are already old enough your priorities is to enjoy life as you already spent most of it working, for those who invested their money how long they will need to wait again, they won't enjoy their money if the bull trend happen after another 5-10yearsagain. Yeah wrong in determining steps might destroy your old day Sir. I think some retirees are indeed looking for other ways to generate income when they no longer work, and some of them can just go to bitcoin to invest in it, but we know that bitcoin is at risk, so I hope retirees can know for the allocation of funds
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gilangIDR
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February 14, 2019, 01:08:54 AM |
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This is a choice, it doesn't hurt when someone fully believes in cryptocurrencies. but what needs to be considered is how the risks that we might get. As we know, cryptocurrencies have a high level of risk, but behind the high risk there is a good opportunity to make a big profit.
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KingScorpio
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February 14, 2019, 01:11:31 AM |
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pension funds are gambling idiots anyway, let them pay for the lambos of the bitcoin whales, and the miners.
sad thing is that as soon as those idiots will have aquired their lambos they will become outdated already.
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jems
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February 14, 2019, 06:14:35 PM |
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That must be a brave decision they made. As others are feeling. dismayed on the current status of cryptocurrency in general, they have taken a bold step. They must have seen the future potential of cryptocurrency and they don't want to be left behind in not engaging on it. This news will encourage readers to do the same as well.
With the current market this may be a very risky step. If Crypto continues to go down, it will cause everything to fail, and the protesters will get more and more. I hope Crypto will grow again so that every step that can set foot on success is not a failure. That's right, it's a very risky step, maybe those who do it can see enormous potential and are ready to accept all the risks they will face.
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tenakha
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February 14, 2019, 06:35:35 PM |
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I can not comment on how accurate this attempt is. While the risk of investing as much as you can risk is still valid, it is a great risk to wait for all the money until years later. Personally, I would not have taken this risk. In fact, my idea for the future is not Bitcoin, it will be more controllable model.
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omonuyak
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February 14, 2019, 06:47:02 PM |
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This is great news and I believe that in future we are going to have more of the kind of fund flowing into the cryptocurrencies market. Bitcoin is going to replace many financial system because blockchain technology makes things more easily than any other financial system.
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bitart
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February 14, 2019, 08:27:45 PM |
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This is great news and I believe that in future we are going to have more of the kind of fund flowing into the cryptocurrencies market. Bitcoin is going to replace many financial system because blockchain technology makes things more easily than any other financial system. In the future, but not in the near future... and we'll have more funds flowing into cryptos but just a little from the pension funds... Those are really strict on the investments, their portfolio only allowes 0,00x% or even less of their money to be invested in high risk assets/things like crypto. So this won't cause high demand for crypto, also those funds will search for crypto connected companies to invest in their shares...
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bitfocus
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February 15, 2019, 10:18:35 AM |
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definitely a bold move, but I am against it. education, health-care and pension funds should not be in such volatile field of investment.
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kryptqnick
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February 15, 2019, 02:33:59 PM |
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I don't know for sure how pension funds work in the US, because in my country it's a governmental organization that is responsible for all of the pensions. I guess in this country it's different, and you probably choose your fund (like a health insurance). What I am wondering about is whether people have their voice in that and whether the fund has any guarantees. Say person A has been paying a pension fund X for a couple of years now. This person expects certain amount of money back after retirement, right? So if suddenly the fund X decided to invest in Bitcoin, will the person X receive some guaranteed pension in the future or does it depend on the price of Bitcoin now? I agree with bitfocus that it's better to have more stability in such important areas and not risk with money of an already vulnerable group.
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plvbob0070
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February 15, 2019, 03:08:29 PM |
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For the people who are dependent on their pension, it will be really risky to invest their pension on bitcoin because of its volatility. But it still possible to invest using their pension but "not all" since there's a possibility of either gaining or losing. But I'm hoping it will bring a positive outcome for them.
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emberbekas
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February 15, 2019, 05:04:19 PM |
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Pension funds are funds that we rely on to cover our needs in the old ages because at that time we cannot be productive anymore. Saving it in bitcoin is of course very risky because there is no guarantee that the value of our assets when needed will increase or at least the value is still the same. What if at that time our funds dropped dramatically while we could no longer find another job because of an old age? Investment funds and funds to meet needs should not be mixed, must be separate!
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btyco
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February 15, 2019, 05:07:32 PM |
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I'm sure those guys know what they are doing. Although anyone thinking about their future will be buying bitcoin themselves, one day it will be simple enough for silver surfers to buy too
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budiarmed
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February 15, 2019, 05:24:15 PM |
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Crypto is very risky, and before investing must think about profits or losses that will be obtained. And if it becomes your pension, then you must be careful in making choices.
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Mila52
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February 15, 2019, 08:31:37 PM |
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Now there's no legislative base protecting investments in cryptocurrency.The people cannot risk pension savings due to the volatility of the cryptocurrency market ... Although on the other hand it is a positive signal, the community accepts BTC,ETH and other coins.
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HabBear
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February 15, 2019, 08:50:29 PM |
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Hey, yeah...pension money flowing into Bitcoin and other cryptos is an incredible opportunity for growth of the market. But this is most critical if these funds are actually buying bitcoin via the blockchain. If they're buying via a fund the impact will be less positive for the broader bitcoin community. Buying through a fund allows the fund managers to determine much those investments are funded by actual bitcoin vs. some cash position. It's a common thing that equity fund managers do.
Some may say that this is history repeating itself given that pension funds (in the early 2000s) bought into collateralized debt obligations (speculative investments based off of mortgage portfolios). Some might say the pension money is just going to another speculative investment...and this would be true. But diversification is a good thing too and investing in innovation (as investing in bitcoin is).
The biggest take away from this is the fact that pension managers are WILLING to consider Bitcoin or cryptocurrency as an investment for a pension portfolio. This kind of talk legitimizes cryptocurrency, which just a few short years ago people were calling "ponzi" or "scam" or "fad".
On the whole - this is very, very positive news for us!
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