Quote from: Zilon on Today at 05:00:55 PM

Quote from: Ultegra134 on May 20, 2023, 04:08:29 PM

Do you believe that there's a true way to escape this vicious cycle, or are we doomed to live like this forever? Telling me that my minor savings in Bitcoin are going to settle me for the rest of my life isn't going to cut it, because the majority of us won't ever have enough Bitcoin to retire.

Not just majority but more than 80% won't have enough Bitcoin to retire. But the way to escape this vicious life cycle is still to invest and the safer side is when our portfolio is spread across different asset class.

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Are you satisfied with this way of life, or would you prefer to live a different way? What would you like to change and how? Personally, I'm clueless and not satisfied with the idea of spending the rest of my life like this.

No one ever wish for a life such as this but not every one understands how to break out of this cycle. Having a deliberate plan to own and manage our daily activities and investment choice is one way out. What i mean in essence is been our own boss not on a small scale business plan but on a plan that can employ people to do the work for us while we have our time to ourselves.

80%? I bet it's more like 98%; only the "chosen" ones will have enough bitcoin to retire. Someone who's barely making ends meet can't make huge investments if something else doesn't change in his environment to increase his available income. We often see other users praising Bitcoin, but it's not a panacea; it doesn't fall out of the sky. If you don't make enough, you can acquire enough to put towards your retirement. Thus, until then, you're stuck in a loop. I highly doubt that there's a way to break the circle; most of us will be stuck living on this routine, which on the one hand provides some kind of safety after a while, but on the other, it makes time fly by without having an actual meaning. At least that's how I see it.