Post
Topic
Board Economics
Re: Wasn't that good to use bitcoin as your lifetime asset?
by
GoodLuck2
on 24/10/2017, 13:38:16 UTC
making Bitcoin as a very long-term asset is a risky thing and I think it's an unwise act because Bitcoin is unstable and also it won’t be in its glory forever because it’s not impossible for something better will replace its position in future. remember when some countries forbid the use of Bitcoin. it possible many countries will release their own digital currency. You’d better prepare your next investment plan before Bitcoin falls and vanish.

For this reason it's a good idea to split your money among some different investments, but don't forget to invest into Bitcoins too. I believe most people here will have to wait a long time yet to retire themselves and until this time comes many events can happen that will affect Bitcoin's price. Not only Bitcoin's price, but our societies, economies, etc... I believe the best to do is to build our own way without trusting our future on the country's pension, in some countries like mine it's already going bad, very unstable...
Yes this will help people after the retirement life because at that time there will be no such a source of income so this coin will help them and those who are adopting this coins strategy they will live a worry less life in future and this the best way to save money nowadays and then cash out it in the time of need and I will also use it as asset so that it will help me in my old age and this will be helpful for me in future.