of course one day we will be old but of course we will continue to need money even though we are old and I think investing in btc for the long term is a good thing and we can enjoy it when we are old, but of course we must be prepared for the risks. and I also have btc and I plan to keep it until I'm old but of course the best investment is still in gold with the aim of not being affected by inflation, and I also invest in gold.
When comparing investments, I think it's better for you to invest in yourself to improve your abilities and knowledge, so that your old age will be much more beautiful if you have knowledge and abilities, you will definitely get a better position.
You diversify your wealth into two assets, namely bitcoin and gold, which is a fairly safe action, because both are resistant to inflation, even though both have different characteristics from price fluctuations, gold is much more consistent, even though its gain is only a few percent per year, but bitcoin is quite volatile in calculations. years, even so bitcoin certainly provides more returns than what you can imagine in your old age.
Well, for those of us who have discourse in that direction, of course, this must be considered carefully and reacted wisely, especially Bitcoin as part of the retirement plan and there is something at stake at the end of old age.
If Bitcoin is a discourse for old age, I think it is wise enough to serve as a reference for retirement when they are old and can no longer work for everyone who has known Bitcoin for a long time in their youth. This means that everyone who knows Bitcoin well enough, of course he has prepared himself for other unexpected things such as the level of risk he has faced before. So it would be great if the discourse was to live out the retirement with Bitcoin.
If we look at history there is no doubt because the price of Bitcoin has increased dramatically, providing much higher returns than traditional investments and Bitcoin is also deflationary, which means the total number of Bitcoins available is limited. This can help maintain the value of your assets in the long term. it's just that there are small and normal obstacles, namely talking about Bitcoin Volatility where prices can move very quickly in a short time.
Due to the reason that the total number of Bitcoins is the first benchmark besides a number of other things, there are still many people who want to hold Bitcoin and also consider it an important asset in their life. Moreover, at this time there are still very many people who want to invest in Bitcoin for various reasons, and it doesn't only work for every individual, but there are also some large companies where companies that are willing to accept Bitcoin in terms of payment will also use it as an investment for the future.
Making Bitcoin as a retirement fund is indeed quite risky, where is the risk? the place where the bitcoin is stored, if we don't store it in a place that only we ourselves control it is very dangerous, secondly to the mentality that we have, if we are mentally disturbed because there will be a lot of drama as before on the journey of increasing the price of bitcoin, we can just sell it at a loss out of fear of the journey of holding bitcoins. but the wise respond to this and continue to hold bitcoin into old age surely get enough returns for your retirement.
