Post
Topic
Board Economics
Re: Wasn't that good to use bitcoin as your lifetime asset?
by
knightmairesaint
on 02/10/2017, 10:13:05 UTC
Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Yes. Bitcoin is good as a lifetime asset, as you can see, it is very expensive. Its rate is in rising state in the long run, even sometimes it goes down, but only for a short time. If you buy btc in your 20s, maybe in 60s it will be multiplied to a great amount based on the pattern of price from the very start. But of course, you shouldn't depend your entire asset in that. It is better to have some assurance in hand because even though we can see a bright future with btc, occurrence of certain event, good or bad is unavoidable.