Topic: Investing into Bitcoin as self pension - page 5. (Read 761 times)

Oh yes someone can, bitcoin is a speculative asset but when you look at it on a long term scale, you will see that it is already getting a massive adoption rate and on an overall uptrend. Beginning to invest in bitcoin from now as a retirement plan will give you a very big advantage to have own a lot of bitcoin when you’ve retired and want to live on your savings henceforth. Bitcoin has proven to be a reliable assets that have played the role that other assets have done for the past years. It has also breach the gap of facing natural disasters that happen upon physical assets that people have been using to save their money for the long term before the invention of bitcoin.


True, but if one of your investment is in bitcoin, then diversifying should be out of cryptocurrency and not go and invest more in other altcoins. Some altcoins have really performed well since their creation but you can’t depend on them forever as bitcoin is dependable on. They are much risky than bitcoin, so in order to have a safer investment, it is better you diversify into other investments like real estate, gold etc. With bitcoin investment, you are in a safer haven when it comes to cryptocurrency investment, so you don’t need to panic to invest in other crypto asset with the mindset that bitcoin won’t perform well in the long run after investing in it.

Bitcoin would be the best option but I would always recommend you to diversify your investments and be it for pension or any other reason. I would suggest having major chuck like 60% into Bitcoin and then remaining 20% into Stocks and Mutual funds and rest 20% into traditional stuffs like real estate. Bitcoin indeed will give more ROI so majority of investment should be into Bitcoin and let's consider every possible worst case scenarios hence as a security investing into diverse assets will keep your investments safe and less affected as you mentioned situation like war or let's say government banning or restricting crypto or making it difficult though they cannot ban it as they don't control it but they can make it bit difficult.

I think that’s a good idea. Bitcoin is not tethered to any fiat currency hence its price is purely affected by the people’s interest in the market. We all know that Bitcoin is here to stay and we must accept that now and create plans accordingly. At such a young age, you already have a retirement plan which I think is good and should be followed.

why just bitcoin? i mean bitcoin is definitely profitable but don’t you want to diversify your investment portfolio? just like other cryptocurrencies, bitcoin is extremely volatile and you might have a lot of losses if you put all your eggs in one basket

there are still so many investments you can do if you don’t want to dive in to real estate

Using bitcoin has a retirement investment is a good idea, but you have to start when you are still in serving so that before you retired from the service your bitcoin has grown to a reasonable amount and you will be very happy to see your bitcoin. Many people has not realize that investing in bitcoin will help them in the future so there are still keeping Money in the analog way and not in the digital ecosystem. Bitcoin is the best place to keep your retirement funds.

I think Bitcoin is going to be much better investment than any pension fund in the world, but people need to be patient and expect big changes and price manipulations.
In the same way they are manipulating price of precious metals they are going to try to do with price bitcoin, but in the same time it's going to be hard to buy it.
Pensions are a modern invention experiment and if I may add it is failed project by design.

This is a good idea in the right direction, bitcoin have proven to be a good investment more especially when an investor decides to hold for the long term, as a person who want to plan with Bitcoin as his personal retirement benefit I think you should be versatile in your crypto investment though am not a fan of any other coin apart from Bitcoin but other asset too can help if you ascertain their authenticity, as a bitcoiner there is one lesson I learnt recently and that's an investor should always be careful of speculation in other to avoid been record.

Buying houses and apartments for rent has one great disadvantage that people usually don't consider because they see things as they are here and now. That disadvantage are government policies. In the EU there's a push towards making shelter the necessity governments have to provide for people. This means that far left is blaming investors for high real estate prices and want the governments to progressively tax people who own properties, especially if they use them as capital allocation and don't rent them out.

One day when you've finally saved up and created a real estate portfolio you may find out that the government wants a piece of it. Bitcoin is one of these things they can't have.

This is a topic of enormous reflection and depending on the country, this may have a significant impact on the future.

It is said that each Norwegian has approximately $4, let's not focus too much on that figure, whatever, surely some Norwegian has no idea that they have a stake in bitcoin since their government, through ETFs, invests in bitcoin.

The above shows how money is invested and how some funds take advantage of the money and diversify the money.

In certain countries, retirement or pension funds are managed very colloquially, so to speak, in traditional investments that have even happened from generation to generation, and some may not generate wealth, but they do provide a protected old age for fundamental expenses.

Whatever the case, the confidence in this type of investment is that it guarantees an investment with a return, and if it does not exist, at least the basis that supports that investment is maintained.

But economic disasters exist, we are here talking about bitcoin partly because of the real estate bubble of 2008, unthinkable but it happened.

I'm not trying to discourage you, but it is a reality to consider with bitcoin, based on that, if you are aware of it, you decide if the risk is 100%, but knowing that this situation of having a "Crash" is feasible. , and we may have to wait many years for that bright future that we could have, but perhaps the time of life in the elderly is not as long as we think and we do not see a Green band in those years that guarantees profitability.

There's nothing bad about real estate investment except you happen to live in a war prone area where you may be worried of your properties being destroyed or lost to war.

It's a wise decision and it's very feasible. However you should have it at the back of your mind that cryptocurrency is a risky investment. Just as you have been advised, don't rely solely on your bitcoin investment for your retirement plan. Spread your tentacles, establish a business while you stack bitcoin.

Investing in bitcoin for as your retirement funds is good, because you will have accumulated a good number of bitcoin, and you will benefit from the compounding value of bitcoin, because by then nobody knows what will be the price of bitcoin. The odds of bitcoin price going up is higher than it going to zero, which is very slim. The best thing is to use 10% of your income to invest in bitcoin with regular DCA weekly or monthly, so that you will ha e the chances of increasing your bitcoin portfolio with timeline.

Don't also forget the the size of your bitcoin portfolio overtime is what will determine your profit. I have also decided to Hodli bitcoin to be part of my life, and I will pass it on to my kids, because a time is coming that the people that owns bitcoin might become wealthier than people with fiat related investments. At the same time, you should also have a back up plan, incase bitcoin price did not meet up to your expectations.

Not to put all ones eggs in a basket is good advise and as such, as one sets aside some fund as pension investment for a while, they should as well make plans to diversify the funds after some years so as to increase the profit margin and be safer incase some eventualities happen and the coins market dwindles.
BTC has a good store of value for a long time and there's a feeling it would stay to keep being number one investment option for those who believe in cryptocurrency and its possibilities. BTC launched the ETF for potential investors to use to their benefits in case we forget.

The other investments could be real estate which has better chance of increasing its value for the owner overtime, but BTC for pension plan will require one to have good knowledge of how to keep their wallet and key phrases safe and intact from both friends and families and adversity.

In human society, this type of investment in real estate (houses and apartments) continues to persist, which can be rented out for a fee or sold as a last resort. Almost every fool knows and practices (or plans) about this method of investing and receiving an additional pension.

Also, natural disasters and population migration to better areas (both within the city, the country or the world) can significantly spoil the ROI of these investments. Don't forget about investing poorly in the wrong area. So, investing in real estate also involves many risks, despite its initial apparent simplicity.

Until now, investing in bitcoin has been profitable, but no one knows whether this will stop before you retire. It makes perfect sense to include bitcoin as part of retirement investment portfolio, but whether should build that portfolio 100% - sounds risky.

In short, why not YES. By the time a twenty-year-old guy retires (if everything goes well), it will be approximately 40-50 years, his pension and investment portfolio will show crazy returns (assuming the current growth dynamics bitcoin over the last 10-15 years are maintained).

I would say yes, it is a good idea. Of course you need to keep in mind that you are going to experience several ups and downs, but if you are actually accumulating for retirement then you should be fine. I would also suggest to invest in other things, like stock market for example. I strongly believe in bitcoin but if you're doing this for retirement I wouldn't put all my eggs in one basket.

Any investment will have risk, the higher the return, the higher the risk. Regardless of your purpose for investing in bitcoin, I just want to remind you of one thing. Everything has risk and we need to diversify and not just focus on one thing. No one knows what will happen in 10 years, will bitcoin become much bigger or will it become useless? No one knows. So be wise with all your plans in life and always have a backup plan, don't be too greedy just because of what you see bitcoin achieving at present.

It's a great idea to have that plan with your investments. Having that kind of idea of what you can get from the markets is ideal. Spreading investments in different coins could be a great thing as well but having Bitcoin, as the main component of your portfolio, would be ideal. That's just my opinion. Of course, since we are here in the forum, it's a good thing that you are in the Bitcoin forum and know that it's a great investment and could give great returns in the long run. 

It is better if the person already understands bitcoin and they can take this path to retire their money invested in bitcoin.

Many people fail to understand this way - they will think that bitcoin can go down dramatically, there is no certainty of the value of prices in the future this will be quite a dilemma for beginners, whereas they will choose to be safe by storing fiat or other property.

But if you talk to me, I would certainly trust bitcoin more than fiat or other assets.
Overall bitcoin will increase because it has a 4-year cycle, of course by waiting more than 40 years will not bitcoin be high? You can imagine having to HODL for decades.

This would have been possible for me as I have this figured out but there is a law in my country that makes pension contribution compulsory and only to selected banks. I have made inquiries to know if it is possible and realised it isn't possible to switch to my preferred choice. So what I have been doing so far is to set aside part of my income for DCA outside the mandatory pension contribution. For people in Liberal countries, I think using Bitcoin investment for pension purposes is very much possible.

If I were you, I would keep Bitcoin pension plan as my plan B. Be practical, while Bitcoin can reach up to moon, there's no guarantee to it. It can very well go down in prices. A lot depends on international politics. So you never know what's going to happen in the future.

So keep investing for a longer period of time but at the same time have a separate pension fund. You never know what's going to happen. Just don't gamble with your life.

Yeah as long as you can hold for long period, most people make mistake using the money they need for their monthly needs and some of them can't hold for long term because they don't feel safe. Of course it's because they didn't understand about Bitcoin, they invest in Bitcoin because relying someone else advice or join because his friends are invest in Bitcoin.

So make sure you're need to be educated enough, learn slowly, and invest when you're ready.