Do you think bitcoin/cryptocurrency can be your gateway to early retirement?

in crypto •  5 years ago 

Well, it may be too good to be true. But do you think you can retire early by investing in cryptocurrencies? or do you have any preferred investment plans? It seems these days, many of us wants to retire early. However with the current market situation, are you still bullish? do you trust exchanges to hold your funds? Let me know what you think in the comment section and let's discuss about this.

These days, I am trying to post reddit-like cause I think it's a good way to engage with others. Well, let's be honest, we don't have much attention span these days.

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To the question in your title, my Magic 8-Ball says:

My reply is no

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Whoa hahaha so, that's a no!

I doubt Bitcoin will retire me earlier. I still consider that I made a good decision investing in crypto but the boom from 2017 may not repeat itself any time soon. Glad to see more type of posts like this one as nobody seems to have patience anymore in reading long blog posts. I am in the same situation. Regarding attention, it seems it's all on auto. People have their curation done through steem auto, authors get their tokens and so on. Not much interaction anymore...unfortunately.

We've seen the low but looks like bitcoin stabilize around 8k$. We are all hoping for the next boom but looking at how hard it is to get new users on each cryptocurrencies project, I doubt we're seeing that happening soon. Much like you, I doubt it's going to make me retire early but I am in the long haul. Finger crossed!

I know a long blog post is good, perhaps in the past. But these days, not so much. If you want more engagement- the key is caring about what people have to say. It's nothing to lose for me because I get more knowledge instead of just being auto-voted, thanks whoever put me on autovote. But the essence of steemit is engaging as social media. It's difficult to get people engage when we're only offering one sided conversation.