Topic: Investing into Bitcoin as self pension - page 2. (Read 797 times)

In crypto trading, Bitcoin is still the first to be seen by everyone who works as a trader and also as an investor. So now there are quite a lot of people who have started to believe in Bitcoin because they know that Bitcoin does have a pretty good future as an investment asset that needs to be taken into account and owned for the long term. If you really want to invest in Bitcoin in the future in larger amounts, you can start now slowly with minimal capital without the need to force yourself to immediately buy large amounts if your capabilities are still quite limited.

The only key on here or something that you should put up into your mind that there's no such thing about guarantees. Bitcoin might be existing and popular as of this moment but we cant be able to tell on 10-20-30 years time
on which we dont know if its still existing or still that been #1 into the market on which its value is really that way more than on what we do anticipate on which we are already thinking that your invested or save up retirement fund in form of Bitcoin is already something significant. Well, i cant blame out people on thinking up this way but never ever removed into your mind about the risks involved.

No one really knows on what would happen in the future and if you do put up all the money or savings you do have in Bitcoin then i could say that it is really that something risky to be done.
To minimize risks then you could be having that both traditional retirement savings and with BItcoin together on which you could really be having both options and you would
really be that confident at least in terms of assurance that you could really be having no problem in the near future when you do get old.

This idea also comes up in my mind especially now bitcoin is going green. I hope someday i can invest more in bitcoin have it as my investment for the future. We cant predict what might happened in the future but bitcoin is the most popular so it will not be neglected or be out in crypto trading.

This is good advice to those who have not invest their capital on Bitcoin, now that they are young in age so that they will have something good to be proud with when the old age come to their life. Those that tested it some years ago to invest their monthly salary on Bitcoin when they where single brothers and sisters, but they are doing exploit as a married man or woman because they embraced the opportunity to save some wealth in Bitcoin without having the mind of touching them in the short period of time than to live them for a long period of time. I know there are still some people who will not listen to your advice in this thread OP, because they still lack the knowledge of Bitcoin investment which will be difficult for such person to take the advantage of Bitcoin investment.

The plan isn't too shabby and bitcoin's potential is undeniable. In addition to some of the issues you mentioned that the OP needs to be concerned about, what I'm most concerned about is whether the OP can accumulate bitcoin and hold it for many years until retirement? And this is not just an issue for OP but for all bitcoin investors, can someone afford to hold bitcoin for 20, 30 years and not sell any bitcoin? I bet you that no one will be able to do that, saying it seems simple and easy but doing it is another matter.

If we have thought about our retirement, of course it is very important for us to still have a source of income when retirement age arrives, because it is very unlikely that we will still be able to do work when we have entered retirement age and if we have prepared from now then when we Of course, we have entered retirement age, so we can enjoy relaxing because we have prepared when we were young.
Of course, we all hope to be able to enjoy the Bitcoin we have invested now when we enter retirement age, but anything can happen that is beyond what we are prepared for, of course we have to be ready to face this.

It is very wise and realistic for someone who has just entered their twenties to start collecting Bitcoin in preparation for funds when entering retirement. Investing in Bitcoin in the long term offers the potential for huge profits, investors who bought Bitcoin (some time ago) when it was still trading at a cheap price have made multiple profits when the price started to rise as it is currently trading.

Before setting up Bitcoin in a retirement plan requires a careful and informed approach, although it has the potential to gain huge profits with its extraordinary growth, Bitcoin also presents a number of risks that must be understood and managed well. Including Bitcoin in your retirement plans is not free from all risks. Bitcoin volatility means that its price can move very quickly in a short time.

Another risk that needs to be known is vulnerability to hacking and losing access to the wallet where you store Bitcoin. Even though asset security has been improved, this risk still exists. So, it is very important to increase your knowledge and understanding about maintaining asset security before entering it into pension funds, make sure you understand how this technology works, all the risks that might occur and how to secure assets.

If not for war and whatever landed property still remains the best investment as time goes you know some people builds (invested) 20 years ago some 10 years ago you can't compared the building material for that year to this current world we are not presently, because all building materials has increased unexpectedly but the house still maintain same value and the rentage still maintain same value with the current renting stage. So, to me building and landed properties is the best investment and doesn't depreciate in price rather it's increases every single year and those who invested on time are the people who are enjoying the benefits.

For bitcoin you are free to start up a portfolio for you investment so that when you get upto age you can rely on it, but know that diversifying investment to other areas of life are also important because anything could happened and you won't know what next to do after putting your investing into place.

Yes it is and in my case I do. Accumulating bitcoin over the long term is part of my wealth building plan for my retirement. However, even if I had the possibility of investing in bitcoin through a derivative product that is included in a pension plan, I would not do so. I am the custodian of my bitcoin, and I also have a traditional pension plan, so they are not incompatible.

In the country where me I live in, I not seen any building which the owners are asked to pay task to the govement base at least not in this part of the country that I presently reside on, the only form of bills you need to pay for owner the house are your electrical bills and other personal expenses which you have to pay for as you use them and this bills and fees are to be paid by those who are living in the house, so the tenant are to pay for what they use and they pay the owner of the house their annual rent.

This same building over the year the owner will realize the money which was used to built the house and more will still be coming in from their and the value of that landed property will also be increasing as more development reach that area and their is less land to buy and build in, the only thing here is that you as the owner of the house will also have to spend a few extra cash in renovation as times goes on in other to meet up with innovation.

I don't see any reason why you feel bitcoin is a better investment than owning a property which is also lucrative business, as you know bitcoin depends on electricity and any war could also really affect it to at least in some ares if the war is a major war and also government policies has been one major enemy of bitcoin.

The only reason why bitcoin would beat other form of investment is cause its a better store of value compared to fait, any other form of investment gives return of profits in fait and that seems to be a down side cause fajt continues to suffer inflation and the value of your returns would only get lower.


I love the fact that you used the word speculation cause as you know anything can happen and bitcoin rise to the top was a major shock to people cause no-one actually believed in it when it started, but your right for now cause the facts available shows us that bitcoin could last even longer as more adoption takes place.

But it's also reasonable to have in mind that there is also a risk involved where you might lose all your investment and get no profit at all, which Is a possibility and also the opposite, and IMO I think it's wiser to actually make decisions based on possible senerio, therefore you should also consider diversifying your investment Portfolio into other assets like having a major shares in a company, stock and bonds or even something as tangible as real estate, I'd you really are planning for retirement then I think you don't want to get disappointed if bitcoin fails you, so this is also a better option than having only one asset in hand.


To me it depends cause I've hardly seen any person at his youth that is balances enough to start planning for retirement unless he plans on retiring early, I have a friend that wants to retire at 30-35 and yes he could plan ahead with investment a major part if his savings in bitcoin and other asset.

Most youths would invest for their dreams, like lifestyle and to get to a better level of life. So yes It is wise and a good idea  to, there is nothing wrong with investment little amount of cash for retirement.

I wouldn't recommend spreading your investments in different coins as it's not a good idea, better to stick with bitcoin for hodling purposes, any speculation money should be a different budget and it's much better that way because that would mean that you're not going to mess with your money that's supposed to be for your pension that's in bitcoin form. In terms of investment diversification, I think it's a great idea to consider bitcoin but as @Mia Chloe said, "Don't put your eggs in one basket" especially with pension, you don't want to end up seeing teeter totter in price right? That's going to make you panic so bad.

Having fiats will also help you to continue holding and not get temptation of selling Bitcoin when you're in need of fiats. When we tamper with our investments one time, we'll always go back to removing some more and if this continues we mightn't have any investment left. Don't sell your Bitcoin if you're investing for self pension therefore having cash is important. Bitcoin is a good investment and having it as a pension will make you to enjoy your retirement, when others are still working to receive salary in their old age, you'll be relaxing because you made investment in the right place and didn't waste your money. Bitcoin isn't going to end up like many pension scams that make those investing through them to regret when they want to take their pension out, you can always sell your Bitcoin for cash when you want to.

Yup, we need ti diversify our investment and When it comes to pensions, isn't the government in a country is in charge of this? because that's where all the contributions you pay while you work go? Or even if you don't work, there is something called a self-employed contribution so that when your retirement age comes, you automatically have a pension to get. bitcoin is a good investment but since we know that its movement is volatile, we do not hold anything that it will last until our retirement age but hopefully it will reach that and it will really have a high value in the long run.

Considering bitcoin as a choice for the pension is a great plan. One could enjoy his retirement life in a better way with the savings made in the form of bitcoin during his service. However, having a specific amount in the form of fiat is good because we don't know when the market for bitcoin will reach its highest value or when it will drop. At our needs, it might be seen at the bottom, and the same might make the long-term savings in bitcoin unprofitable. This can be avoided if one has the ability to hold. To have the experience, it is good to have a certain amount of money to meet unexpected needs.

Why not? It has been proven that Bitcoin is really suitable for preserving value, and now we see Bitcoin is in its prime. If there are still a little or a lot of doubt about Bitcoin, you can start looking for second alternatives such as shares, gold or property, depending on which one is suitable for you.

So now you can have two places to invest, one is in Bitcoin and the other is somewhere else. Until now, there are still many who think that Bitcoin is not safe enough, but I personally subjectively prioritize Bitcoin because my portfolio is not large enough to invest in property and production machines.

Investment goals may vary - that's fine, but they shouldn't have just one asset in which they put 100% of their trust. Having some investment assets for retirement funds is good - of course it doesn't have to be just crypto assets like bitcoin, but gold and some other physical investment options are also worth considering.

Bitcoin can certainly give you returns worth it with the risk in the long term - but its price will always fluctuate regardless of whether it goes down or up. After all, you don't need to be a holder without having a target when to take profit - in fact you have to sell to maximize opportunities when high prices are reached and then accumulate when prices are low.

Yes, it is not just wise and realistic but even a smart decision. If you’re in your early twenties and you consistently put in some money into the said wallet, before you get to the age of retirement, that would be a lot of money, and then assume that Bitcoin is now worth somewhere around half a million dollars (wild speculation), that’s going to amount to a lot of money.

Do not put all your eggs in one basket.
As my device is having errors, so Im not able to quote, for some reason, anyways, somebody said something on this thread, and it needs emphasis as I find it as truth. Diversification. There is no limit to the number of investment plans one should have, if you can shoulder it financially, and it's not just crypto,but stocks, properties...  You know, real estate, bonds, savings and even pension too if you're an employee.
I think diversification is the best that anyone on here would tell you.

Of course Bitcoin is valuable and profitable. Bitcoin investment is very helpful for those who have good knowledge about Bitcoin and have enough ability to hold Bitcoin. But of course advanced knowledge about Bitcoin must be complete without knowing anything about Bitcoin in general. It would be wise and realistic for someone to plan for a Bitcoin retirement in the early twenties because investing in Bitcoin would certainly make the Bitcoin price wiser and generate more investment success. If a person invests some percentage in it every month before retiring, the investment will be more acceptable.