Post
Topic
Board Press
Re: [2018-05-12] Millennials Are Buying Cryptocurrencies to Save For Retirement
by
Lucius
on 17/05/2018, 12:26:16 UTC
anyone putting the majority of the money that they'll need to depend on in 30-50 years into crypto is a legitimate crazy person. the entire space is only 9 years old.

if you make a huge short term profit with a portion of what you have then great. take it out and buy a bunch of land.

Do you think that the pension system will exist in next 30-50 years from now, or people will be forced to work while they live? Why would anyone be crazy if invest in cryptocurrency then in a pension fund, trust more to governments then crypto?

It is true that that crypto is just 9 years old, but for anyone who invest less then 50$ in BTC back in 2010/2011 and if he kept coins untill today, we talk about millions $ of profit. That means these people are retired today, and enjoy without stress and fear for their future. I'd rather risk my money in crypto for next 10-15 years, then trust that money to my government - they will fall much sooner then BTC.