Could you put cryptocurrency info a retirement fund?

[Sincerem]

Although I cant give an accurate opinion about this but it would be good to find out from the appropriate source like your finance manager if you can put your crypto currency into your retirement fund.

 

[Monster Masterpiece]

Although I cant give an accurate opinion about this but it would be good to find out from the appropriate source like your finance manager if you can put your crypto currency into your retirement fund.

Is there any organization that accepts crypto for retirement funds because it seems to be hard to be applied in real life as the price of crypto is fluctuate from time to time?

 

[Setho]

It has been proven that cryptocurrency is going to be around for a very long time and making this kind of plan is definitely going to be the best thing for you.

 

[tyrim88]

Though your money( I mean retirement fund) would grow with cryptocurrency but if only you can exercise enough patience for the nature. You know! Crpto is volatile in nature. You can make it.

One thing i would always advice someone that want to invest into the cryptocurency market is that thay should understand the nature and environment of the market they are going into,brcause of the volatility.

 

[Chibson]

One thing i would always advice someone that want to invest into the cryptocurency market is that thay should understand the nature and environment of the market they are going into,brcause of the volatility.

Definitely, cryptocurrency is very volatile and in that case it is very risky to put your retirement fund in there. Understanding properly how it works and the risks involved before investing is very much important.

 

[tyrim88]

Definitely, cryptocurrency is very volatile and in that case it is very risky to put your retirement fund in there. Understanding properly how it works and the risks involved before investing is very much important.

That is where the aspect of an overview of what the cryptocurrency world and trading comes to play, because it will not be good to be looking at the aspect of profit making alone, without the other side of the market.

 

[Chibson]

That is where the aspect of an overview of what the cryptocurrency world and trading comes to play, because it will not be good to be looking at the aspect of profit making alone, without the other side of the market.

The major reason many people invest in cryptocurrency is to make profit. Some people also invest in cryptocurrency in order to fight inflation and some other things. In cryptocurrency, there is also volatility. Some people use cryptocurrency as a store of value particularly Bitcoin.

 

[tyrim88]

The major reason many people invest in cryptocurrency is to make profit. Some people also invest in cryptocurrency in order to fight inflation and some other things. In cryptocurrency, there is also volatility. Some people use cryptocurrency as a store of value particularly Bitcoin.

That is very true,but on the aspect of fighting inflation,though there could be some merit in it,but one have to put the market fluctuations in mind,so that market forces would not take one unaware.

 

[Chibson]

That is very true,but on the aspect of fighting inflation,though there could be some merit in it,but one have to put the market fluctuations in mind,so that market forces would not take one unaware.

Yes, the market fluctuations is one of the major things you need to put at the back of your mind because that is almost like equivalent of inflation. But you can as well put your money in stablecoins that are trusted.

 

[tyrim88]

The major reason many people invest in cryptocurrency is to make profit. Some people also invest in cryptocurrency in order to fight inflation and some other things. In cryptocurrency, there is also volatility. Some people use cryptocurrency as a store of value particularly Bitcoin.

Sure,the things that one should be looking at in the cryptocurency market is the fluctuations in the prices of the coins,and that is the unique thing about crypto,but on the aspect of using it to fight inflation,it should be done with caution.

 

[Chibson]

Sure,the things that one should be looking at in the cryptocurency market is the fluctuations in the prices of the coins,and that is the unique thing about crypto,but on the aspect of using it to fight inflation,it should be done with caution.

Probably, whenever you are investing your money in cryptocurrency because of inflation you should be very careful because there is volatility in the prices of coins. I think investing your money in stablecoins can be better.

 

[tyrim88]

Probably, whenever you are investing your money in cryptocurrency because of inflation you should be very careful because there is volatility in the prices of coins. I think investing your money in stablecoins can be better.

That is the only sure way if one wants to fight inflation with cryptocurency,becauseonce your fiat curency is not stable all you do is to tag it to a stable coin and allow it for untill you will be in need of it.

 

[Bousine123]

I can't put crypto currency into retirement fund, instead I would invest on it to gain before retirement because I don't know when I would retire and it would take a long time to retire.

 

[Chibson]

That is the only sure way if one wants to fight inflation with cryptocurency,becauseonce your fiat curency is not stable all you do is to tag it to a stable coin and allow it for untill you will be in need of it.

But since every stablecoin is tagged to the dollar, do you think that people who are in the United States can actually avoid inflation within stablecoin?. I think it is only for people who don't use the dollar.

 

[tyrim88]

But since every stablecoin is tagged to the dollar, do you think that people who are in the United States can actually avoid inflation within stablecoin?. I think it is only for people who don't use the dollar.

Those sets of persons have a stable economy,and what underdeveloped countries faced in terms of fluctuations of currency is not common there,they do not need to put their money there to fight inflation,rather they invest striaght into the volatile market to make gain.

 

[Honny143]

Yes I will do crypto coins have the potential to make rich after 10 or 20 years, thats the reason I am already started investing in crypto coins.

 

[Chibson]

Those sets of persons have a stable economy,and what underdeveloped countries faced in terms of fluctuations of currency is not common there,they do not need to put their money there to fight inflation,rather they invest striaght into the volatile market to make gain.

Probably, people who are in the United States of America are only in cryptocurrency because of the profit aspect of it and not because they want to fight inflation because they have a stable economy.

 

[tyrim88]

Probably, people who are in the United States of America are only in cryptocurrency because of the profit aspect of it and not because they want to fight inflation because they have a stable economy.

That is just the fact,different persons with their respective objectives of investment,their main priority is just the fluctuations in the market,and then they make their profit from the trade.

 

[Chibson]

That is just the fact,different persons with their respective objectives of investment,their main priority is just the fluctuations in the market,and then they make their profit from the trade.

Definitely, if I was in the United States I wouldn't even bother investing in cryptocurrency except in bull seasons.People who are in the United kingdom also have stable economy.

 

[tyrim88]

Definitely, if I was in the United States I wouldn't even bother investing in cryptocurrency except in bull seasons.People who are in the United kingdom also have stable economy.

That is what yu have in an economy that is not only stable but have ample oppourtunity where one can easily get a job even with the minimal skill,they work hourlly and cryptocurency and forex trading is just one stream or option to get extra income.