Post
Topic
Board Bitcoin Discussion
Re: BitCoin for Retirement
by
GreenBits
on 28/06/2017, 20:48:08 UTC
If you want a retirement fund or if you want to secure your future then buying bitcoin or collecting it while you can is the best option for you to have a secured financial future state. Most of the people are putting their bank account savings in bitcoin because they believe that bitcoin has more potential than the interest which is very low in banks.


The only problem is the unpredictability of BTC prices. The trend is increasing, but how long? With banks is similar, we are not sure that after 20 years the bank has our money.

But, BTC usually generally uptrends, save the prolonged bull market that Gox gave us. I'm pretty sure cryptos will be a thing from here on out, banks are lining up to utilize blockchain technology, it's efficient cost wise and time wise. The level of capitalization in the cryptosystem makes me think major investors will be remiss to let the price drop to far down.It's too easy to depress/prop up the price with the low overall capitalization (even orange futures markets have more capitalization than most cryptos). You would at least most likely double up your value, as I can easily see 5000 btç, but better to invest sooner than later Wink