Post
Topic
Board Bitcoin Discussion
Re: BitCoin for Retirement
by
South Park
on 09/06/2017, 18:08:09 UTC
I am living in a still-considered as a third world country which kinda suit me because the standard of living here is still low and we can easily afford all the necessities of life and even some luxuries here and there. Money here goes a long, long way at least compared to developed countries like USA or Japan for that matter.

It is then good to retire here most especially if you have the money in your purse. Now, I am planning to set aide even just 1 Bitcoin as part of my retirement plan...of course it is just part of the mix as I am also into cacao/mango/coconut farming which can also serve me well when I am retired.

Do you think 1 Bitcoin can be good for retirement...let's say 20 years from now?
Since you are talking about diversifying your options then why not, I think it will be a mistake to put all your eggs in one basket even if the basket is bitcoin, but since you are talking about investing in other business that are very resistant to any kind of economic crisis like farming then you are going to be ok, the most important thing is to save and invest as much as you can.