Does Crypto Solve Retirement Problems?

jinmi17 (46)in #cryptocurrency • 7 years ago

Full disclosure, I'm still new to crytpo. However, I am not new to investing and some of the easier strategies to grasp. The one think that I have learned is that it is setup to fail in the short term traditionally. Fees, losses and crime all attribute to the slow incline of saved funds in hopes of accumulation of interest. Not to mention they are set on top of very shaky foundations. The US dollar, mortgages and other banks.

This is another area I think crypto will eventually branch out in. I mean, lets face it. You'll be hard pressed to get older generations, especially those nearing retirement age, involved. Being able to actually turn a profit of 10/20% a year would help those folks massively and in this market, that is easy to do. Well today, and assuming it keeps ramping up and someday stabilizes.

What do you folks think? Will crytpo eventually be a viable retirement option? Will it be able to help the masses reduce the retirement age and actually enjoy, comfortably, those golden years?

Thanks for reading!

#economics #bitcoin #life

7 years ago in #cryptocurrency by jinmi17 (46)

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scalerman (46) 7 years ago

Not sure 10-20%/year is that easy in crypto..lots of $ lost too

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minnowpond (62) 7 years ago

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