Quote from: gentlemand on May 17, 2018, 12:32:22 PM

Quote from: kjlimo on May 17, 2018, 04:31:52 AM

Completely agree. I cashed out 80% of my holdings this past December to lock in my retirement, while holding on to 20% to hopefully, fund a more exciting retirement rather than just locking in basic living expenses.

Here's hoping

That's an epic move on your part. In retrospect I should've been sensible and done the same. I'll save it for the next run. I believe the next bubble will be gargantuan and I'll also guess it'll be the last fuelled by pure speculation.

At some point crypto has to justify its existence as more than a speculative toy. It will someday. The bit in between could be extremely long and extremely painful.

Haha, yes, it was an offer too good to pass up. I just tipped my bell hop guy on vacation yesterday with crypto and had a good 15-30 minute discussion about bitcoin. I suggest integrating activities like this into your daily life and then pretty soon, bitcoin will be justified (more so than is already is). Will always be painful in between given the lack of adoption and regulation in the space.... "growing pains"

Quote from: Lucius on May 17, 2018, 12:26:16 PM

Quote from: European Central Bank on May 16, 2018, 01:06:27 AM

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.

Yes, those folks are retired now Wink

(who decided to hold on to at least enough, but many didn't...) Wink

diversity is always a good idea, which is why I've outsourced investing decisions to a financial/investment planner; next up, considering outsourcing some of my crypto investment decisions to a crypto hedge fund... leaning towards doing it, but have been vetting them for 3 months now... hopefully, pull the trigger to decide not to this month.

PM me if you're interested in any details on what I've done, and who I've hired... I'm off to buy breakfast at my local breakfast shop who I got setup to accept crypto recently

The owner is a real crypto enthusiast!!!

I'll be posting about them as soon as he integrates into his POS system; hopefully, by Bitcoin Pizza Day; Fingers crossed!!!!!