Author Topic: "Bitcoin IRA, the Exciting New Retirement Asset"  (Read 1910 times)

dude

  • Handlebar Stache
  • *****
  • Posts: 2369
"Bitcoin IRA, the Exciting New Retirement Asset"
« on: May 16, 2018, 07:13:36 AM »
Proclaims a banner ad atop my Yahoo e-mail page. Ugh.

FrugalToque

  • Global Moderator
  • Pencil Stache
  • *****
  • Posts: 867
  • Location: Canada
Re: "Bitcoin IRA, the Exciting New Retirement Asset"
« Reply #1 on: May 16, 2018, 07:45:48 AM »
I'm confident such an IRA would be "exciting" ... adventurous even.

Those emotions are just the opposite of what I look for in my Individual Retirement Account, that's all.

Toque.

fattest_foot

  • Pencil Stache
  • ****
  • Posts: 856
Re: "Bitcoin IRA, the Exciting New Retirement Asset"
« Reply #2 on: May 16, 2018, 09:31:52 AM »
I guess for the type of person who realizes that Bitcoin is a completely speculative gamble, but wants to diversify to remove the upside part?

TUCKER0104

  • 5 O'Clock Shadow
  • *
  • Posts: 17
Re: "Bitcoin IRA, the Exciting New Retirement Asset"
« Reply #3 on: May 16, 2018, 02:16:14 PM »
Bitcoin could go either way. I see it as going to the bottom but the chance that it could skyrocket is high enough that I leave some money in it.

FrugalSaver

  • Pencil Stache
  • ****
  • Posts: 832
Re: "Bitcoin IRA, the Exciting New Retirement Asset"
« Reply #4 on: May 16, 2018, 10:05:13 PM »
$150,000 by 2022

chemistk

  • Handlebar Stache
  • *****
  • Posts: 1743
  • Location: Mid-Atlantic
Re: "Bitcoin IRA, the Exciting New Retirement Asset"
« Reply #5 on: May 17, 2018, 05:58:56 AM »
*shudders*

I just saw an ad for Yahoo! Finance - advertising it to be your source of "all things crypto" where you can "decrypt crypto".

I feel sorry for the countless people who are about to be scammed out of a lot of money for participating in something they don't understand.

 

Wow, a phone plan for fifteen bucks!