IS IT SAFE TO INVEST PENSION FUNDS IN BITCOIN? - page 2.

Sayeds56

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Quote from: initim on April 22, 2023, 01:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

Every type of investment is associated with some degree of risk and investing pension in Bitcoin can be highly risky as Bitcoin value can fluctuate significantly in short periods, and there is no guarantee that this investment will yield high amount of returns, so make informed decision based on your risk tolerance limits . There are many organization who make investment in pension funds on behalf of their clients, and this kind of investment is relatively safe as it is a mixture of low and high risky assets including Bitcoin. This approach, which involves diversification of investments, is considered relatively safe to invest in pension funds.

Litzki1990

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Generally, when an employee makes a return from a job, that employee is given a one-time allowance, which is usually called a pension. Pension money is the security of a person at the end of his life. Many live their lives depending on the money in that pension. Because people usually don't get that importance in the last years of life. But if that pension money is invested it will be a very risky matter for that person. If the pension money is damaged for any reason then the person will spend his last life depending on what.

The best time to invest for him was when he was employed and getting salary every month. At that time, if some part of the salary was invested every month, then maybe the money gained from the investment along with the pension money would have been useful in his later life. But I think it is better not to invest the pension money.

justdimin

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Quote from: Fredomago on May 01, 2023, 07:00:46 AM

Quote from: Lanatsa on April 30, 2023, 06:28:49 PM

Its your money then its you choice to make when it comes to investment choice because we dont know on what future holds and if you do see something that has potential or does have that kind of benefit or somewhat into these categories then you would really be making some move which it would really be just a normal approach but of course this isnt something that talks about on making money,

Always mind off with the risk involved because if you arent that careful when it comes to your investment decisions then all of those funds would really becoming to waste. We are talking about pension funds
on here on which this is something an amount which we would really be that depending on the time that we do get old.

If you could be able to bare up with the risk about Bitcoin investment then its your call.Just make it sure that you do have other investments as well if ever this one fails but even though this is unlikely
but its better to always have that back up plans because we cant really be sure on what are the things that would happening ahead.

That's the point, if you can take more time to secure your knowledge about this venue of investment then for sure it's not hard to realize the potential of this market, it's your money and taking good care of your finances is very important, if you can put portions of your pension then so be it, but putting everything in that's might need deeper knowledge in case things might not turn into your favor you can still have some portions of your money to use with your needs.

All will depend on how good your understanding is and how you really wanted to take your venture to this venue of investment.

That is a bit of vague answer though. I mean is it safe or not? Surely it depends on how much you know, and that is important without a doubt. But when you look at the market right now you realize that it is not really that weird and not really that different.

I personally hope that the best thing to do in this case is to invest some part of your pension to just bitcoin and hold it until you retire, not make any moves just because it went up or down. That is an answer, it says you should put some of it, doesn't say how much so that part is still vague, but doesn't say it doesn't know. That's an important part of it. I know that we can't really make a big deal about how much we know, but we can't just say they have to make their own decision neither.

devil2man

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Investing pension funds in Bitcoin and other cryptocurrencies is a controversial topic. Some experts argue that cryptocurrencies are too volatile and risky for pension funds, which tend to be more conservative and risk-averse investors. Therefore, whether or not it is safe to invest pension funds in Bitcoin depends on individual risk tolerance and regulatory frameworks.

wxa7115

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Quote from: Mr. Magkaisa on May 01, 2023, 12:33:01 AM

- If the person who has an investment fund from his pension also has a deep knowledge of bitcoin and knows the high risk involved in it, I am sure he will not hesitate to invest in bitcoin. This is if there is a deep knowledge of the bitcoin concept.

Now, if you don't have enough knowledge, it is advisable not to risk your funds investing in bitcoin without first knowing it well. You shouldn't just send in the hype because a close friend just said it, because for sure the expectation is there and the thoughts are high.

Unfortunately the latter is way more common than the former, the number of investors that come to the market after making their due diligence and learning how to trade is incredibly low when you compare them to the number of traders which come here attracted by the allure of easy money.

Which in a way is kind of funny because the only ones that can make easy money out of this market are the whales, which can manipulate the market and take advantage of those naive traders.

Fredomago

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Quote from: Lanatsa on April 30, 2023, 06:28:49 PM

Its your money then its you choice to make when it comes to investment choice because we dont know on what future holds and if you do see something that has potential or does have that kind of benefit or somewhat into these categories then you would really be making some move which it would really be just a normal approach but of course this isnt something that talks about on making money,

Always mind off with the risk involved because if you arent that careful when it comes to your investment decisions then all of those funds would really becoming to waste. We are talking about pension funds
on here on which this is something an amount which we would really be that depending on the time that we do get old.

If you could be able to bare up with the risk about Bitcoin investment then its your call.Just make it sure that you do have other investments as well if ever this one fails but even though this is unlikely
but its better to always have that back up plans because we cant really be sure on what are the things that would happening ahead.

That's the point, if you can take more time to secure your knowledge about this venue of investment then for sure it's not hard to realize the potential of this market, it's your money and taking good care of your finances is very important, if you can put portions of your pension then so be it, but putting everything in that's might need deeper knowledge in case things might not turn into your favor you can still have some portions of your money to use with your needs.

All will depend on how good your understanding is and how you really wanted to take your venture to this venue of investment.

Mr. Magkaisa

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- If the person who has an investment fund from his pension also has a deep knowledge of bitcoin and knows the high risk involved in it, I am sure he will not hesitate to invest in bitcoin. This is if there is a deep knowledge of the bitcoin concept.

Now, if you don't have enough knowledge, it is advisable not to risk your funds investing in bitcoin without first knowing it well. You shouldn't just send in the hype because a close friend just said it, because for sure the expectation is there and the thoughts are high.

Good_Doctor

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Quote from: stomachgrowls on April 22, 2023, 01:50:15 PM

Quote from: light_warrior on April 22, 2023, 01:17:07 PM

Investing pension funds in Bitcoin would be considered a high-risk investment strategy that may not be suitable for everyone. It is very important to remember that retirement savings are generally considered a long-term investment and that too much risk may not be suitable for those approaching or in retirement.

This is true and its something that they should really be minding on on which they should be aware about the risks involved.It might sound seem to be a good idea because of its popularity and its been known about increasing prices but it doesnt really remove the fact that risks is always there but its better not to make yourself that not minding about those risks but if you do able to bare up such risks and opt to make
investment or savings on your pension fund then it would be your own choice.As a friend or known someone then i wont really be making no guarantees or making out suggestions in regarding their
pension funds or on what they should gonna do.They are the ones who do make out such decision and it isnt bad to give out that kind of warning though to someone who do have those kind of considerations.

You're correct! Although sometimes these people don't have any idea on crypto market and so would need your help especially when they've heard that it's possible to benefit hugely from crypto trading, Bitcoin precisely.
So if the person has a resolute mindset in trading with his or her pension funds then you can give a helping hand.
Stating clearly the likelihood of losing from the trading! This is very important for the pensioner to note . Seen friendship go bad due to things like this though!

Lanatsa

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Quote from: Fredomago on April 29, 2023, 06:17:49 AM

Quote from: Viscore on April 28, 2023, 03:27:26 PM

Quote from: initim on April 22, 2023, 01:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

The fact that this is your hard-earned and retirement savings, then the more that you have to be careful on what and where to utilize those funds. If you only invest it without caution, then you might see yourself ending as a beggar when everything you earned had totally lost because you take so much risk through investing. Though it’s not wrong to invest because that’s your own money in the first place, but never invest in an amount that you can’t afford to lose. Just like with bitcoin, no matter how promising it is, but it’s still a high risky investment that you can’t be assure of how that investment may end, so just invest a little portion of your funds so that if you happen to lose them, that will not greatly affect your retirement plans and decisions.

A matter of how you trust the market and how you understand the venue of your investment, it's true that the money that we are talking here is a pension money which you deserve to whatever things you wanted to use it, if you have better knowledge with Bitcoin and you believe that the market can bring something decent in a span of time, then so be it.

Make your investment but always plan, set the amount and never to go all-in as there's always a big risk behind any investment,

splitting your money and divert some to other investment venue may help and give something to cover while waiting for your money
to grow.

Its your money then its you choice to make when it comes to investment choice because we dont know on what future holds and if you do see something that has potential or does have that kind of benefit or somewhat into these categories then you would really be making some move which it would really be just a normal approach but of course this isnt something that talks about on making money,

Always mind off with the risk involved because if you arent that careful when it comes to your investment decisions then all of those funds would really becoming to waste. We are talking about pension funds
on here on which this is something an amount which we would really be that depending on the time that we do get old.

If you could be able to bare up with the risk about Bitcoin investment then its your call.Just make it sure that you do have other investments as well if ever this one fails but even though this is unlikely
but its better to always have that back up plans because we cant really be sure on what are the things that would happening ahead.

blockman

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Quote from: ?? on ??

Why not? The question is - how profitable is it? This is a completely different question that requires analysis and a different answer.

It's because a pension fund is entirely for someone's need and it needs to be used properly. We all advocate investing in Bitcoin but if that person is all that he's got.

Quote from: ?? on ??

As for security, I don't think there are big problems.

At some point if someone can attain to invest 1 month worth of his pension into bitcoin and it shouldn't be a problem at all, then why we shouldn't worry, right?

JeffBrad12

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Quote from: ?? on ??

Why not? The question is - how profitable is it? This is a completely different question that requires analysis and a different answer. As for security, I don't think there are big problems.

the profit that it could generate isn't the only thing that will be the most important question when it comes to investing with pension fund but instead how reliable it is, and how safe it is considering pension fund is rather crucial and I don't think that investing it recklessly will give good outcome, in fact with pension fund one should be really careful and I think low interest is enough when it comes to these investments that requires careful consideration.
like take an example investing in altcoin might seem really good, maybe it could give the potential of multiplying the pension fund which honestly could be life changing but what if suddenly the coin vanish into thin air the investment then failed, guess with what money they gonna live with in their retirements.

Mauser

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Quote from: initim on April 22, 2023, 01:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

That is not an easy answer we can give here. In general it makes sense to spread out investments across a broader spectrum of asset classes to reduce the overall risk profile of the portfolio. Diversification is the main concept insurance companies use to try and generate a steady income over time, while protecting the asset against downward risks. That is why the investment guidelines for pension funds are quite long and restrictive. For example, there are fixed percentages on how much the fund can put into stocks or hold in cash. And then are single stock limits the don't allow the fund to put more than 2-3% into one single stock. With so many restrictions I don't think that older pension funds are allowed to invest in crypto currencies. For more newer funds that have been created in the last 3-5 years there might be a small fraction of the capital be allowed in bitcoins and other crytpos.

Sanitough

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Quote from: JeffBrad12 on April 25, 2023, 06:44:04 PM

I'd say never advice someone to invest in something that's just quite fluctuative with their pension fund, like in stocks and bitcoin, it just too much risk for them if that's the only money they've got for their old age, even diversification won't do much in this regard if economy is tanking then these investments will also tanks.
pension fund usually are funds that many couldn't afford to lose, and certainly the nature of many investment instruments nowaday is that, they fluctuate too much, they've got volatility that's too high, in which i'm gonna refrain from investing in them if i got the money which i can't afford to lose, imagine being homeless in the retirement age, that's gonna be ironic.

However, if they really want to take part in investing, then they can still invest but with a minimal amount only, and not literally the whole pension funds as they could totally lose them in an instant especially if they only invest without proper knowledge and guidance. But I will never convince them to enter in this kind of investment, certainly not at their old age and weak hearts. Yes, bitcoin is highly profitable, but maybe this kind of investment is not for everyone.

Fredomago

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Quote from: Viscore on April 28, 2023, 03:27:26 PM

Quote from: initim on April 22, 2023, 01:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

The fact that this is your hard-earned and retirement savings, then the more that you have to be careful on what and where to utilize those funds. If you only invest it without caution, then you might see yourself ending as a beggar when everything you earned had totally lost because you take so much risk through investing. Though it’s not wrong to invest because that’s your own money in the first place, but never invest in an amount that you can’t afford to lose. Just like with bitcoin, no matter how promising it is, but it’s still a high risky investment that you can’t be assure of how that investment may end, so just invest a little portion of your funds so that if you happen to lose them, that will not greatly affect your retirement plans and decisions.

A matter of how you trust the market and how you understand the venue of your investment, it's true that the money that we are talking here is a pension money which you deserve to whatever things you wanted to use it, if you have better knowledge with Bitcoin and you believe that the market can bring something decent in a span of time, then so be it.

Make your investment but always plan, set the amount and never to go all-in as there's always a big risk behind any investment,

splitting your money and divert some to other investment venue may help and give something to cover while waiting for your money
to grow.

worle1bm

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The thing is even if we keep our savings in banks they are becoming target of inflation and reducing the fiat value with time so your $100 in banks would not be of the same value after 5 years also so the investment in coins like Bitcoin is what safeguard us from high inflation.No doubt there is risk you loose funds with some dips but it doesn't mean it will not grow afterwards so taking small risks are what will give you return in future.You can have partial investment and rest savings in bank which protects you in both cases.

JeffBrad12

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Quote from: Russlenat on April 28, 2023, 03:41:30 PM

Quote from: JeffBrad12 on April 25, 2023, 06:44:04 PM

I'd say never advice someone to invest in something that's just quite fluctuative with their pension fund, like in stocks and bitcoin, it just too much risk for them if that's the only money they've got for their old age, even diversification won't do much in this regard if economy is tanking then these investments will also tanks.
pension fund usually are funds that many couldn't afford to lose, and certainly the nature of many investment instruments nowaday is that, they fluctuate too much, they've got volatility that's too high, in which i'm gonna refrain from investing in them if i got the money which i can't afford to lose, imagine being homeless in the retirement age, that's gonna be ironic.

Retirement funds are best to be just enjoyed and satisfy your life, and not to enter risk taking investments that could trigger and may lose eventually all the funds. Old aged people have already weak emotions and they just easily faint when something’s wrong is happening. So I guess bitcoin investment will not suit them, as it’s price volatility will definitely make their emotions become a roller coaster. Though bitcoin investment is very promising and profitable, but let’s say that this investment might also create life changing losses if not handled properly. So I would advise to just stay away from this kind of investment as they may end up being homeless if they insist to.

thats i agreed. this pension fund usually owned by rather relatively vulnerable people against the ever changing of economic circumstance couldn't afford them to withstand the economic anomaly if there ever one which i always consider to be quite frequently happening.
just let them enjoy their pension fund, and if they want invest always invest in rather low risk investment like obligation and deposits in which rarely i see someone went bankrupt out of it, it's just overall wiser for someone that hardly ever regain their income if something goes wrong.

TimeTeller

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Quote from: molsewid on April 28, 2023, 04:37:35 PM

Quote from: initim on April 22, 2023, 01:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

First of all, we should know at the first place that crypto is volatile. Investing in bitcoin is a good thing but it is your retirement or pension funds, maybe do not put all eggs in one basket. Learn to diversify your assets, investing in any kind of platform and system is already risky and there's no 100% to any of it, you just need to understand the market and the trend of that coin, sometimes you might even lose so I suggest do not invest too much, he should enjoy his saving as well.

Maybe, he can put some if he already learn the risks of getting involve in this market.
But if he doesn't know at all how this market performs, better not to.
As this is retirement funds, much better if he can invest it in more tangible assets like real-estate.
For those who will advise him to go in crypto, I hope they won't be blamed if his assets will go downward at the time of withdrawal.

molsewid

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Quote from: initim on April 22, 2023, 01:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

First of all, we should know at the first place that crypto is volatile. Investing in bitcoin is a good thing but it is your retirement or pension funds, maybe do not put all eggs in one basket. Learn to diversify your assets, investing in any kind of platform and system is already risky and there's no 100% to any of it, you just need to understand the market and the trend of that coin, sometimes you might even lose so I suggest do not invest too much, he should enjoy his saving as well.

Russlenat

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Quote from: JeffBrad12 on April 25, 2023, 06:44:04 PM

I'd say never advice someone to invest in something that's just quite fluctuative with their pension fund, like in stocks and bitcoin, it just too much risk for them if that's the only money they've got for their old age, even diversification won't do much in this regard if economy is tanking then these investments will also tanks.
pension fund usually are funds that many couldn't afford to lose, and certainly the nature of many investment instruments nowaday is that, they fluctuate too much, they've got volatility that's too high, in which i'm gonna refrain from investing in them if i got the money which i can't afford to lose, imagine being homeless in the retirement age, that's gonna be ironic.

Retirement funds are best to be just enjoyed and satisfy your life, and not to enter risk taking investments that could trigger and may lose eventually all the funds. Old aged people have already weak emotions and they just easily faint when something’s wrong is happening. So I guess bitcoin investment will not suit them, as it’s price volatility will definitely make their emotions become a roller coaster. Though bitcoin investment is very promising and profitable, but let’s say that this investment might also create life changing losses if not handled properly. So I would advise to just stay away from this kind of investment as they may end up being homeless if they insist to.

Viscore

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Quote from: initim on April 22, 2023, 01:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

The fact that this is your hard-earned and retirement savings, then the more that you have to be careful on what and where to utilize those funds. If you only invest it without caution, then you might see yourself ending as a beggar when everything you earned had totally lost because you take so much risk through investing. Though it’s not wrong to invest because that’s your own money in the first place, but never invest in an amount that you can’t afford to lose. Just like with bitcoin, no matter how promising it is, but it’s still a high risky investment that you can’t be assure of how that investment may end, so just invest a little portion of your funds so that if you happen to lose them, that will not greatly affect your retirement plans and decisions.

Topic: IS IT SAFE TO INVEST PENSION FUNDS IN BITCOIN? - page 2. (Read 710 times)