Retirement Fund

CryptoCurrency - A Retirement Fund?

By Atypunj | Aty_talks | 18 Mar 2020


After the disastrous meltdown across the financial market due to fear of the Corona Virus epidemic, the recession time is also an amazing opportunity for those who persist being ready & full of cash. Everyone will be eyeing for an investment area where they can find appreciation in the value of the investment which they have made so that it will set themselves & their families right. This time-frame for investment to bring wealth & financial freedom for future generations with regular dividend/gains is only there for a few months certainly and then once the scare settles down there won’t be something like this for the near future until a new gold rush similar to crypto or epidemic occurs.

If you ask me, along with the regular market, I will keep separate funds for cryptocurrency because it’s probably the best retirement strategy. I will keep my funds staked in some of the dividend-paying currencies (NEO, LOOM, EOS, TRON, VeChain) and leave it for approximately 3 years because the markets tend to repeat the cycle of highs – lows after every three years.

People may ask why dividend-paying currencies why not aggressive currencies like BTC or ETH, all I have to say that these dividend-paying currencies are like my earning son which will give me enough to meet my daily expenses. Aggressive currencies can give me good return but I am eying for an age where safety of funds is priority

A Little more about the currencies mentioned above from where you can buy and stake it for dividends.

NEO:  NEO project built on blockchain technology using digital identity to digitize assets, by removing the manual intervention of digital assets using smart contracts, and to apprehend a “smart economy” with a distributed network. NEO is also known as Chinese Ethereum.

In current scenario, Actual ROI is 2.09% whereas it should increase as the NEO blockchain heads for optimum utilization.  To calculate the dividends on your holding, you can logon to www.neotogas.com. You can get your reward at 1 NEO as well

LOOM: Loom Network is The Next-Generation blockchain Application Platform for Ethereum, in current scenario; the current ROI is 17% with adjusted rewards as 2.00%. Minimum Stake is with 60 Loom tokens

EOS: EOS uses blockchain-based applications in providing vertical and horizontal scaling of decentralized applications over the internet. With 0.25 token as minimum stake amount, you can earn 1%-3% as an estimated annual yield from Binance.

I will update more of dividend paying currencies in the coming week. Till then keep minting money and hit the TIP button.   Regards Aty

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