Post
Topic
Board Economics
Re: Wasn't that good to use bitcoin as your lifetime asset?
by
Silberman
on 26/09/2017, 23:23:31 UTC
bitcoin is great for you as a lifetime asset. if you invest bitcoin on this day, and you save it for your assets. probably in old age, you will earn from your bitcoin. you do not need to work in old age. because you can already enjoy the bitcoin results that you save at a young age. it is a good idea for you so you do not have to work in your old age. maybe bitcoin prices will be very high and your money doubled. you will smile in old age to see bitcoin provides an unexpected income.
Bitcoin is great but I will not call it a lifetime asset, we do not know if bitcoin is going to have a value in the next 20 years, it is likely that it will and that the price for each bitcoin is going to be very high but a lot of things could go wrong during that time so the best thing is to hold bitcoin but be always ready to get out of it in the case you have to.

At first I thought it is easy to earn bitcoins. But when I start joining the forum I've realize it needs some hardwork. And also I thought that if we start earning that would be continous but, I was wrong. So now I realize we need some hardworks and timing for applying and need some knowledge. So for me if we are talking about lifetime assets for me its not. If bitcoin is there use it. Cause maybe it lose its price just like now I've that the price was continously at low. Just make some move that you are not only focusing on this but its your sideline. But if you think this was help you a lot use it if you focus on this just do it while bitcoin is there. Cause we dont know how long it will last.
Bitcoin is very valuable and there is a very limited quantity of it, this makes bitcoin very difficult to get since people do not want to use it in case it goes up in price once again, this makes bitcoin even more limited since people are no longer using bitcoin as a currency but as a store of value and investment, but even with all of that, earning bitcoin is still possible and we must take the opportunity to get it while its price is still this cheap.