I pulled the trigger & took all my remaining retirement money out ROTH IRA (Individual Retirement Arrangement) & putting it ALL IN the crypto world. I've been retired for a little over 8 years now (since March 15, 2009 to be exact) at the age of 32. I'm living the American dream in the Philippines where you can really stretch your money. Non-stop traveling to some of the nicest beach on the world (Boracay, Palawan & Phuket) to name a few.
So for me to bring the money back here in Philippines from the states was a lot challenging than I thought. First, they sent me a form to print out, fill out the info, scanned it back to pdf file & FAX it to them. Thats right FAX. Who uses that still? So I did all of that for them to tell me that they couldn't wire transferred to my dollar account to the local banks because it is the Philippines. The check had to be mailed overnight (arrived three nights). I had to pay $12 for the the delivery via UPS. BPI (local bank) had to verify the check if it was valid for almost an hour & charged me $5 on top of that for what...I'm not so sure. The check will clear 21 calendar days from the date...21 effin days!!!
I'm more determined that cryptocurrency is the future. Maybe not to distant into the future. Even as I write this. I am able to buy, send & cash out bitcoin. 21 days to clear a check & they can't even wire transfer it to my local bank account. That is really old school & weak. Specially with everything now being instant like instagram, paypal & emails.
My strategy will be crypto mining (mine & hold), joining some ICO's & steemit (daily/weekly blog). So stay tuned & I'll tell all how I was able to retire so early & will remain out of the work force. I'll also breakdown my strategy on how to grow my crypto portfolio. What crypto mining machine I'm looking at getting & what ICO's I'm going to put in.
What are some great upcoming ICO's to watch out for or ICO's that you guys contributed to?
Thanks,
Edison
