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Bitcoin or Betacoin for retirement
I am looking to start investing in crypto currency as a tool to retire early. I've narrowed it down to either going with the more established BitCoin or maybe trying to get on the ground floor of one of the other currencies. Betacoin is exactly such a currency. I figure I can clamp down and put about 20% of my gross away every year.
WHICH should I choose?
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fuck up once and you break your thumb / if you're happy at all then you're god damn dumb
that's right we're on a fucked up cruise / God is dead but at least we have booze
bad things happen, no one knows why / the sun burns out and everyone dies
such currency
wow
much coin
If you can afford to rent a mining pool, bitcoin has some viability left. If you're talking about home mining, something else that can use a bitcoin asic (which are flooding the market cheap) is a better small scale solution.
I host a podcast about movies.
Bitcoin and these other crypto currencies are nothing but a speculative bubble and you would be ill advised to seriously invest in this. If you are well and truly convinced this is the wave of the future please just put 1-3% of your retirement savings into this.
I would suggest buying an index of funds and holding, just forget you even have them and keep regularly throwing in using the same strategy. Look for low/no fee funds. Research John Bogle / Vanguard if you want to understand why I say this.
Are you joking?
You'd be better off investing in literally anything else, if this is a serious question.