Definitely. Why? Because there is always the possibility for my retirement savings to spike drastically in the long-term thanks to BTC and other popular cryptocurrencies which isn't possible with FIAT currencies.
There will always be a big risk involved, but I feel that it's worth it due to the possibility of that spike happening.
Topic: Would You Consider Adding Bitcoin to Your Retirement Savings - page 5. (Read 1100 times)
Absolutely!!!
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
I agree. It is a good asset, a guarantee that you will have money even if you don't technically work. However, having it alone is not ideal or advisable. It is better to have other assets like land which is guaranteed to have good rates. We can think of bitcoin as a sub asset that is good for financial assistance when we get old and are more focused on resting and enjoying life.
It would be a big omission if we don't add bitcoin to our retirement savings as it is considered the most profitable asset by far. But let's not be subjective that it's not risky but diversify our retirement assets into many other assets, don't be too greedy and just focus on bitcoin. I am planning on retirement savings of 30% bitcoin, 30% gold, and if I have a substantial amount of money in the future, I will hold real estate to complete my retirement portfolio.
Absolutely!!!
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
I agree. It is a good asset, a guarantee that you will have money even if you don't technically work. However, having it alone is not ideal or advisable. It is better to have other assets like land which is guaranteed to have good rates. We can think of bitcoin as a sub asset that is good for financial assistance when we get old and are more focused on resting and enjoying life.
Absolutely!!!
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
Of course Yes I will adding up Bitcoin to my retirement savings. Bitcoin had been in the crypto market for so long now and it will continue to rise in the near future. If the continue rises most definitely the retirement fund that we hold will be more profitable in that case our retirement will be comfortable, and enough to sustain our finances during retirement. But of course before investing wait for the market to become bearish so that you can buy bitcoin at a very much cheaper price.
Now if we look at market conditions, especially Bitcoin. It doesn't seem like the moment to see bearish coming even though bearish can come at any time into the market for Bitcoin, because from the last few days Bitcoin has started pumping again even though it has been corrected again for a while. But being able to recover in a matter of minutes means now is a condition where there is more upside potential for Bitcoin than a bearish moment in the market.that way I think there is no need to hesitate to buy Bitcoin and keep it for a long time and regarding the current price that allows it to decrease or vice versa but I think it doesn't have a big effect if the goal is to keep it for a long time.
Yeah, a portion of my retirement funds. At such a stage you can't afford to be reckless, despite the trust btc has been able to achieve over the years there is still some level of risk,
If you are retired it means there is no other steady way to generate monthly income except you are able to invest your retirement fund wisely so you don't fall flat on your ass being careless.
So yeah, a small portion will be in btc and the rest will be in other investments that are less risky.
I would also love to invest a part of my retirement funds into bitcoin, maybe 25%-30% is reasonable enough. After all, it won’t matter as to how big you invest in it, it will eventually turns into a big investment if it’s value will grow consistently with the years passing by. The important thing here is you’re capable enough on how to handle a highly volatile and risky investment that could eventually create a life changing experience in your whole life. Well, all investments have its own risks, be it traditional or not, that’s why we have to invest with caution especially if those funds were our hard-earned from the start.If you are retired it means there is no other steady way to generate monthly income except you are able to invest your retirement fund wisely so you don't fall flat on your ass being careless.
So yeah, a small portion will be in btc and the rest will be in other investments that are less risky.
Also, you are old enough at that time, so it is a precious gift for your grandchildren or your family. It is really a good choice as long as you still have money left on it to spend in the future. For sure, this will be the trend or what people who are into bitcoin will be doing, as it is a good investment, though you should know the risk if you are just new to it and just jump because of the hype.
Of course Yes I will adding up Bitcoin to my retirement savings. Bitcoin had been in the crypto market for so long now and it will continue to rise in the near future. If the continue rises most definitely the retirement fund that we hold will be more profitable in that case our retirement will be comfortable, and enough to sustain our finances during retirement. But of course before investing wait for the market to become bearish so that you can buy bitcoin at a very much cheaper price.
Now if we look at market conditions, especially Bitcoin. It doesn't seem like the moment to see bearish coming even though bearish can come at any time into the market for Bitcoin, because from the last few days Bitcoin has started pumping again even though it has been corrected again for a while. But being able to recover in a matter of minutes means now is a condition where there is more upside potential for Bitcoin than a bearish moment in the market. 
Yeah, a portion of my retirement funds. At such a stage you can't afford to be reckless, despite the trust btc has been able to achieve over the years there is still some level of risk,
If you are retired it means there is no other steady way to generate monthly income except you are able to invest your retirement fund wisely so you don't fall flat on your ass being careless.
So yeah, a small portion will be in btc and the rest will be in other investments that are less risky.
I would also love to invest a part of my retirement funds into bitcoin, maybe 25%-30% is reasonable enough. After all, it won’t matter as to how big you invest in it, it will eventually turns into a big investment if it’s value will grow consistently with the years passing by. The important thing here is you’re capable enough on how to handle a highly volatile and risky investment that could eventually create a life changing experience in your whole life. Well, all investments have its own risks, be it traditional or not, that’s why we have to invest with caution especially if those funds were our hard-earned from the start. If you are retired it means there is no other steady way to generate monthly income except you are able to invest your retirement fund wisely so you don't fall flat on your ass being careless.
So yeah, a small portion will be in btc and the rest will be in other investments that are less risky.
My view on Adding bitcoins to one's retirement savings could be a wise decision for those who believe in the potential of cryptocurrencies as a long term investment. pensions are increasing. I think that adding bitcoins to retirement savings should be done with care and after careful consideration although there may also be concerns about government regulation of bitcoins and the impact it can have on one's investment but it is always a good idea to diversify retirement savings and consider all investment options, including bitcoin, to maximize profits later.
Of course Yes I will adding up Bitcoin to my retirement savings. Bitcoin had been in the crypto market for so long now and it will continue to rise in the near future. If the continue rises most definitely the retirement fund that we hold will be more profitable in that case our retirement will be comfortable, and enough to sustain our finances during retirement. But of course before investing wait for the market to become bearish so that you can buy bitcoin at a very much cheaper price.
Bitcoin is an asset that in my opinion will be increasingly popular and expensive, many predict that in the next 5 years the price can reach at least $ 1 million, this is natural because the number of bitcoins does not change and the mining process is increasingly difficult because of the halving day which makes the stock decrease and the level of difficulty increases.
After Covid - i think life and world is so unpredictable that you never know what is coming up next I have lost trust on all the things.
But there is no harm in adding bitcoin to the retirement plan
Bitcoin is an asset that in my opinion will be increasingly popular and expensive, many predict that in the next 5 years the price can reach at least $ 1 million, this is natural because the number of bitcoins does not change and the mining process is increasingly difficult because of the halving day which makes the stock decrease and the level of difficulty increases.
I think things will change with the passage of time. There will be more interesting and profitable things coming in future and we don't know the future of bitcoin.
Bitcoin is an asset that in my opinion will be increasingly popular and expensive, many predict that in the next 5 years the price can reach at least $ 1 million, this is natural because the number of bitcoins does not change and the mining process is increasingly difficult because of the halving day which makes the stock decrease and the level of difficulty increases.
I read this article last year and stumbled upon it again today. I find the article quite relevant in 2023, as bitcoin awareness spreads across the world. I feel there will be a positive correlation between its awareness and adoption. Supporters and believers in bitcoin would want to go the extra mile to show their belief in Satoshi's project. Let's talk about retirement. I have provided a snippet of the article below, along with some questions for discussion. I hope we can engage with it.
As a bitcoin supporter, would you consider adding bitcoin to your retirement savings, or do you prefer the traditional 401(K) or IRA? If yes, to what degree? 100%, 75 %, 50%? Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?
Quote
Some investors may soon be able to add cryptocurrencies to their 401(k) accounts. Fidelity Investments announced Tuesday it will begin allowing investors to put cryptocurrencies such as bitcoin in 401(k) retirement accounts, making it the first provider to do so. The offering will be available midyear for the 23,000 companies that use Fidelity for their retirement accounts. (Of course, your employer, as the plan sponsor, has to agree to it.) Some investors may be wondering if cryptocurrencies have a place in their retirement savings. Many financial advisors say it can be part of a well-balanced investment portfolio, and have noted that clients have already been adding it to their investments outside of employer-sponsored retirement savings.
As a bitcoin supporter, would you consider adding bitcoin to your retirement savings, or do you prefer the traditional 401(K) or IRA? If yes, to what degree? 100%, 75 %, 50%? Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?
My opinion on Investing in bitcoin as part of a retirement plan is a decision that should be considered carefully based on individual risk tolerance and long term financial goals. While diversifying one's retirement savings with assets such as bitcoin and gold can provide a hedge against inflation, it is important to balance potential rewards with potential risks.
Accepting bitcoins into a retirement savings account can be a form of the Dollar Cost Averaging (DCA) method, allowing the accumulation of bitcoins over time. Ultimately, the decision to include bitcoin in a retirement savings plan should be made based on individual circumstances and investment goals.
It's exciting to see the potential for cryptocurrencies like bitcoin to be added to retirement savings accounts, providing a new investment opportunity for those who believe in the long-term potential of the technology. As someone who supports bitcoin, I would consider adding it to my retirement savings, possibly at a 25-50% allocation. I think accepting bitcoin into a retirement savings account could be considered a form of the Dollar Cost Averaging (DCA) method, as it allows for regular investment and accumulation over time.
if i wanted to put bitcoins in my retirement savings i would keep no more than 15%. in fact, I'd probably save it as an investment, not as retirement savings. that's because the retirement savings that we need to prepare must be of a fixed amount, so that we can share the needs we have in our old age. Meanwhile, we do not know how bitcoin will develop in the future. although we support that, and expect the price to be very high, it's still not certain. keeping retirement savings in bitcoin above 50% may be very risky.
I fully support you, bitcoin is not a stable currency that can be saved. It is a very volatile and risky investment. People are confused about bitcoin and don't know what is an investment and what is saving. I will use bitcoin as an investment and count on it to grow my retirement, but like you, it won't make up more than 30% of my retirement.
The future is unpredictable and you never know when the good investment fails. Consider for example the situation we have seen during COVID - many big business fail. and many failed business exceled.
Well, you can always convert to other assets if you think there will be more valuable ones in the future.
But you can save some bitcoins while you believe it is still worth of your time.
And it will only be one of your assets, always best to have more tangible assets in your portfolio.
When it comes to bitcoin, it would be smart to put it into investment rather than retirement savings.
So you can move it when you feel you need it. Because putting it into retirement, you may have target period to check it.
And as technology evolves fast these days, we don't know what will happen to crypto in the near future.
if i wanted to put bitcoins in my retirement savings i would keep no more than 15%. in fact, I'd probably save it as an investment, not as retirement savings. that's because the retirement savings that we need to prepare must be of a fixed amount, so that we can share the needs we have in our old age. Meanwhile, we do not know how bitcoin will develop in the future. although we support that, and expect the price to be very high, it's still not certain. keeping retirement savings in bitcoin above 50% may be very risky.
I fully support you, bitcoin is not a stable currency that can be saved. It is a very volatile and risky investment. People are confused about bitcoin and don't know what is an investment and what is saving. I will use bitcoin as an investment and count on it to grow my retirement, but like you, it won't make up more than 30% of my retirement.
The future is unpredictable and you never know when the good investment fails. Consider for example the situation we have seen during COVID - many big business fail. and many failed business exceled.
I'd add a part of it to my retirement savings. Probably around 20-30%. Anything more is basically being greedy and an oversight. There are a lot of other investment vehicles out there that can also be great when held long term. While we may be heading towards the digitization of everything in the future, traditional investments like real estate and precious metals won't hurt to hold. I'd very much want my portfolio to contain those if it ever is my retirement savings that I'm speaking of.
agreed good point mentioned - even you earn lakhs but survival is very difficult these days.
If you do a side business - there are more expenses than profit. And it brings depression in return as well. maybe investing in bitcoin brings some return to us
if i wanted to put bitcoins in my retirement savings i would keep no more than 15%. in fact, I'd probably save it as an investment, not as retirement savings. that's because the retirement savings that we need to prepare must be of a fixed amount, so that we can share the needs we have in our old age. Meanwhile, we do not know how bitcoin will develop in the future. although we support that, and expect the price to be very high, it's still not certain. keeping retirement savings in bitcoin above 50% may be very risky.
I fully support you, bitcoin is not a stable currency that can be saved. It is a very volatile and risky investment. People are confused about bitcoin and don't know what is an investment and what is saving. I will use bitcoin as an investment and count on it to grow my retirement, but like you, it won't make up more than 30% of my retirement.
Sometimes it go to take the calculated risk and make the life easier.
if i wanted to put bitcoins in my retirement savings i would keep no more than 15%. in fact, I'd probably save it as an investment, not as retirement savings. that's because the retirement savings that we need to prepare must be of a fixed amount, so that we can share the needs we have in our old age. Meanwhile, we do not know how bitcoin will develop in the future. although we support that, and expect the price to be very high, it's still not certain. keeping retirement savings in bitcoin above 50% may be very risky.
I fully support you, bitcoin is not a stable currency that can be saved. It is a very volatile and risky investment. People are confused about bitcoin and don't know what is an investment and what is saving. I will use bitcoin as an investment and count on it to grow my retirement, but like you, it won't make up more than 30% of my retirement.
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