Quote from: Roggeredek on Today at 06:09:20 AM

Quote from: JayJuanGee on Today at 05:00:45 AM

[edited out]

Here since you are talking about an age 62 years or 60 years a person mostly wants to retire. Among them there are some people who usually want to roam around or travel abroad and there are few people who want to invest in various activities. Now the important thing is that since Bitcoin gives more profit every four years and it has a time frame of four years it is very important to think about what he wants to do next. Many people think that after the age of 62 he will not need any income because he has enough money and assets. And many think that if he is healthy till the end of his life or the last days of his life, it may be important for him to invest and learn new things. Around the age of 60, most people wish they could travel and take vacations.Very few people can be found here who take the decision to invest around the age of sixty.

Overall, I agree with you, but we had started out the conversation talking about whether to take full social security benefits that might be around 67 years old or later, versus taking social security at the earlier age which is 62 years old.

So whether a person is still working or not can be a variety of reasons, including health care benefits are frequently tied to an employer, so it can be quite problematic (or expensive) to stop working unless you are able to have some assurance that your health care costs can be covered.

And, sure another question is whether a person would still be investing or not, and you cannot answer that question on behalf of everyone in terms of if they have enough or if they have reached fuck you status (meaning that they can stop working), so the younger that you are, the more years that you would need to be able to sustain yourself from whatever investment that you have and whatever standard of living that you are expecting to have.

In traditional investing practices, even if a person may have been investing in regular stocks, property and maybe has a 401k, he still might not get to fuck you status after putting forth a lot of efforts after 30-40 years, and yeah does he need to make it to fuck you status before pulling the fuck you lever? I would think so because it could be quite painful to outlive your money because you become even less and less able to earn money as you get older... so I am not even going to say if someone might be able to get to fuck you status prior to reaching 60 years of age, and surely we consider that bitcoin could likely allow us to reduce the timeline that we need to get to fuck you status down by 50% or more, so long as we do not screw it up, which still means that it could still take 15-20 years to reach fuck you status, so if the BTC investor is just getting into bitcoin, then yeah, maybe they already have investments that they could carry over from their traditional investments and allocate into bitcoin, and maybe get to fuck you status more assuredly and more quickly than they would have otherwise. We cannot answer these matters for others, even though we might still suggest that even if we have some potentially better investment asset such as bitcoin, that still does not mean that some of us might not end up screwing it up by overinvesting, underinvesting or maybe even trading or getting involved in shitcoins.

We can have goals to stop working and/or to stop investing by the time that we reach a certain age (such as 60), but that does not necessarily work out for everyone, and some guys even claim that they get some pleasures out of working, which may well have some truth to it, so we cannot suggest that everyone wants to stop working and/or to travel.

Quote from: Biodom on Today at 06:38:23 AM

Quote from: Roggeredek on Today at 06:09:20 AM

Very few people can be found here who take the decision to invest around the age of sixty.

Where is here? WO? Your country?

Warren Buffet (93 years old), is located here Cheesy

, still invests like a 20-30 year old with ONE stock at 50% of his company investment portfolio.
MSTR had borrowed money to invest in bitcoin, essentially on margin, and M. Saylor is 58 yo.

Good points. Better said than this here cat.

Quote from: Roggeredek on Today at 07:01:59 AM

Quote from: Biodom on Today at 06:38:23 AM

Warren Buffet (93 years old), is located here Cheesy

, still invests like a 20-30 year old with ONE stock at 50% of his company investment portfolio.
MSTR had borrowed money to invest in bitcoin, essentially on margin, and M. Saylor is 58 yo.

'Warren Buffet, M. Saylor, Colonel Sanders' some off more people is the golden man, I was talking about most the lazy people. Cheesy

Even if you are mostly correct, you are still generalizing a lot.

Quote from: AirtelBuzz on Today at 01:51:38 PM

The BTC halving is now less than 100 days away.

New ATH incoming?

x

Wow those are not even your own words.. You are just saying what bitcoin magazine said in its tweet..

Don't you at least have your own words?

Another thing, as I type this post, all of the estimators that I see are more than 100 days.. so there is anywhere between 102 days and 113 days.. .. but yeah, no, .. . I am not going to do a whole survey of the matter.. even though that claim of less than 100 days seems a wee bit exaggerated.

Quote from: AlcoHoDL on Today at 04:32:21 PM

Quote from: BitcoinBunny on Today at 04:27:49 PM

Quote from: AlcoHoDL on Today at 04:20:48 PM

Quote from: BitcoinBunny on Today at 04:19:30 PM

JustIN Bieber: Exceptional Trustworthy Females (ETFs) win approval.

AI? (can't see knuckles)

Of course it is. I said Trustworthy...
Grin

Gorgeous. Give me a fully functioning robot like this and I can dump my GF any day.

See my edit above. AI is getting (too) intelligent.

There is something to be said about "full-cooperation."

The headaches of many guy folks.

I am not going to say that all women do not cooperate, and maybe sometimes they are ride or die.. so then the problem would be with the guy wanting something MOAR. Maybe even genetically, Guys do tend to have a bit of a wanting MOAR problem.