Post
Topic
Board Bitcoin Discussion
Re: BitCoin for Retirement
by
TomUyamot
on 17/06/2017, 01:40:11 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?

If you currently have it now, don't just set it aside for your retirement. If I were you I'd be trading cryptos and earn a decent income in return.

With bitcoin's volatility in value, there is actually no assurance that a couple of decades from now, bitcoin will still be the same high-valued asset that we have now.

I think it would be more prudent to invest in land or business, less risky business if you want.