Bitcoin Forum

Bitcoin is gaining a lot of popularity and there are people considering it as a retirement investment. How good is this?

there is no doubt that while considering the options to invest into for the purpose of your retirement, Bitcoin stands as one of the most feasible asset to consider at the moment but you have to consider a lot of factors which will include your cureent age and how long you have left before retirement, if it would be wise to invest everything you've set out for your investment plan into Bitcoin or to diversify into Bitcoin and other none digital asset or wether it's necessary to invest for a certain number of years and then delegate it into starting a Business that will still support your investments. making an investment for q retirement plan is a very long term journey that spans nothing less than 10 to 20 years om the average and from this point, i doubt it's easy to project what will be the fate of Bitcoin at that time.

For me, I would rather not be too conscious of investing for my retirement. It could just be as simple as doing a four year investment into Bitcoin and then from the product of the four year investment, I would know if it will be wise to continue investing for another four years and then I continue like that. But then, while preparing for retirement, I always feel that it's necessary to build a business that's going to stand as a strong retirement plan even while you're considering other investment option. If you've built a good business that's strong and doijg well, it's going to be easier to set out a portion of the profit that's coming into the business for your Bitcoin investments.

Though it's actually not a bad idea to invest in Bitcoin and sees it as something that will keeps you afloat during retirement, but the major concern about this is how long are you holding, and how stable is your source of income, because if you source of income isn't that stable, at some point, you will be force to temper with your Bitcoin investment just to survive for the time being.

Another thing I think that will be very important to consider before taking such actions like investing in Bitcoin for retirement purpose is that, is it a money you can do away without? Because most newbies investors mostly do that, by investing an amount they can't do away without, and at some point they will later fall back to the investment and be eating it bit by bit till everything collapse or they start lagging behind in their investment goal, so it's very Important to invest an amount you can do away without, so as to be stable in your investment, because without stability, it would not be possible to achieve the initial goal of saving in Bitcoin for retirement purpose.

Depending on the point of view where people see it. For me, Bitcoin is very good as thought by people who understand Bitcoin as a future asset that can be a hedge. For those who don't want to know or who don't like it, they will see Bitcoin from a negative perspective.
Since it was introduced to this day, Bitcoin's popularity did not occur by itself but has passed through phases full of processes so we dare to call Bitcoin as an investment asset that is guaranteed value and return.

Similar to Marvelockg, I think Bitcoin needs to be considered as a component of the retirement plan. Or better yet a wealth building plan. If you increase your net worth gradually year by year, when retirement age comes you will be in a very good position, and you will be able to live off the interest or average capital growth, as well as leave an inheritance to your descendants without spending the capital.

As what the articles has laid out, there are a lot of pros and cons putting all our retirement money into Bitcoin and I think everyone should now about it. So maybe the best approach is just like 50% of it into Bitcoin and then the rest spread out across several assets and then you should also have some funds in your bank in case of emergency. So there's nothing wrong with Bitcoin, and it could be the best asset in the world, but retirement money is retirement money, you have work hard for it doing jobs that you may or may not like and you don't want to lose it everything.

Is bitcoin a good choice for retirement savings? Depends on the specific country.

If in a conventional country there is a pension fund crisis, expressed in a reduction in the pension budget due to the fact that the number of pensioners is growing and the working-age population is declining, the retirement age is increasing, pension reforms are being carried out, when your pension savings are declining (or evaporating), then it makes sense to consider bitcoin as pension savings. If it were still possible to abandon compulsory pension savings and direct these funds into investment bitcoin, then it would be simply wonderful, but this is an impossible utopia.

https://x.com/APompliano/status/1095288927580233729 - If large institutional investors invest retirement money in cryptocurrencies, why can't you do the same? Moreover, this was 5 years ago.

Bitcoin has proved over the years to be a good investment option. The rate of inflation will render retirement benefits worthless within a few years. It will be better for people to plan how to hedge their funds against inflation and Bitcoin should be part of the plan for those that know about it. It will also be good if one diversity his income into different viable sectors. Bitcoin is part of my retirement plans and real estate and investment in agriculture are also part of it because they have all proved to be sustainable in the long run based on my analysis.

Well, from what we can see was happening during the past 12 years, BTC is a great retirement investment. Of course, no one can predict the future with certainty, but we can make educated guesses based on what we know about the past. Also, if I were old enough to be thinking of my retirement money I'd better invest in such great technology of the future as Bitcoin, rather than in anything else.

The reason why money is taken from your paycheck and then after you retire slowly given back to you is because otherwise people would spend it all at once.

This is the reason I don't believe in using Bitcoin or any other crypto as "retirement" because this people will be out of money after short time.

And this is the same reason why you pay mandatory insurance from your paycheck, if you were given the option to save it yourself most people would use it for something else and then complain that they don't have money for doctors.

Some want to believe that Bitcoin price will grow fast enough to recover their spending, it's a funny bet on your life and probably will end with homelessness.

From what I've seen it's usually people in their 20's 30's talking about this retirement "plan" and guess what, they want to retire at 40.
Good luck not spending it all for another 40 years.

As for additional money for retirement, yeah sure.

Let me just tell you why bitcoin is a good venue for retirement program.
1) It gives you the flexibilities for diversification of incomes.
2) It's lucrative that it you can hold longer then you'll earn the profit dividends.
3) It enables execution of long and short terms goals.
4) Bitcoin limited to age restrictions of age so, you can always holding on your bitcoin assets nomatter your age.

Only bitcoin can be used as a retirement bet. I guess that you are talking about yourself. How will an adult that have plans to enjoy his old age be working and investing for his retirement and you are saying that he will put of money. When you are only buying and not selling so that you can accumulate a significant amount of bitcoin. A lot of wealthy people and institutions are buying bitcoin for the future because they know that the price will always be bullish overtime. Fiat is no guarantee as a retirement plan and that is why a lot of people are not being paid their pension. Fiat depreciates overtime and government will not increase your income, if you retire you will die poor without any investment for back up plan.


You are funny and don't understand the compounding effect of bitcoin, because if you buy bitcoin consistently and persistently using DCA method every week or month with a particular amount let's say $100 and you do this for 10 years and above because you decided to use invest in bitcoin for the future. When you are old, you will be surprised at the amount of bitcoin in your possession because the price of bitcoin increases overtime and it is also the size of your portfolio that will determine your profit.

Everyone all have what they want in life, and if you plan properly and stay focus, you can achieve your goal.

I understand that people don't understand.


So you're one of this self proclaimed financial experts who think they figured it all out ?
While in reality they just full of hopes and know absolutely nothing about economy and investing ?
Who got their education from FOMO articles ?

People are funny.  ;D


Not everything goes as planned and not many people achieve their goal.

I'm yet to see situation where following a herd had good outcome, if it was that easy everyone would be a millionaire.

while you're making this assumption, understand that retirement plan is not only for those in the civil service sector. A business person and even an entrepreneur can set out a retirement plan while he's still actively working. for the context of those that are civil servants and have a certain amount deducted from thier salary and saved up for there retirement plan, if there is an option to decide if you're okay that the portion of your earning that's going to take care of your retirement needs be paid to you or saved up for you, I would prefer to receive it and invest it into an asset I'm comfortable with rather than saving it with the government.

It's not everyone that's careless with the money that comes into there account. Some are very meticulous with it and knows how to use it for something that will double the money for a givine span of time. There are a lot of issues with keeping all your retirement benefits with the government and when you've worked for 30 to 40 years, you then get paid. In my region, it's a big risk to hope on your retirement benefits and for most individuals, you will end up waiting till you're dead and won't see the money that has been deducted from your salary as iether pension or gratuity. This is a tale almost 70% of retired folks have had to cope with and others have even lost hope in the system.


I agree partly with you on this. I don't think that Bitcoin is the best retirement option. When you're considering what's best for a retirement plan, you're more concerned about what's certainly going to be available at the time of your retirement and not what might experience a dip during the phase of your retirement. I know that if you're still young and starts buying Bitcoin from this period that it's at the rate of $65k that before you approach your retirement phase it would have gotten to at least $250k to $300k hopefully which would be a better choice than the usual savings methord, but that's a risk you wouldn't be able to cope with should things go contrary to plan. As an edge against inflation in a long term that's not as long as the normal retirement circle, Bitcoin is the perfect investment model but anything too far to a point we can't comfortably make speculation on at this point isn't the best bet for a retirement plan option.


there is absolutely nothing wrong when you're making a retirement plan at 20 and even if you choose to retire at 40, it's still good. Planning for your retirement doesn't mean that you're not going to work again once you've reached that point but could rather be that you might slow things down a bit and focused on a rather less adventurous things. If you've set your plans right, you even after retirement at 40, you can still leave a comfortable life till you're old enough to exit this world.

Bitcoin's definitely gaining traction as an investment option, especially for the long haul like retirement planning. It's got potential for growth, but it's also pretty volatile, so it's smart to approach with caution.

That depends on how many Bitcoin you have. Maybe 1 Bitcoin is enough for people in some country. But for other people, they must have more than 5 Bitcoin.

Bitcoin can be a retirement investment if people understand how to use Bitcoin. Although Bitcoin now gaining a lot of popularity, some people from some country still doesn't know Bitcoin. The other people doesn't wants to start investment in Bitcoin and thinks that is not good for them.

We considered Bitcoin as the best investment for us so we still trying to collect many Bitcoin since a long time ago. Some of us wants to retire soon and use Bitcoin to helps us to have much money in the future. We still have chances to buy more Bitcoin before the price start rise.

We're talking here about a highly volatile and speculative market and some people think it's a good retirement plan  :D

https://i.postimg.cc/vm8GMpgV/mrt-pity-fool-tshirt-1403290261.jpg

Can you afford not to invest some of your retirement funds in Bitcoin? With 40 years to go, 5% can become more than the rest of your pension. Don't invest too much, if it fails you don't want to work when you're 80.

Retirement investment and retirement bet is big different.
The first is doing something intelligently and carefully, the second is a gamble like a degen. Do you see big difference yet?

If you bet on Bitcoin and think that it is your bet for financial freedom and retirement ticket, something is not well planed from your side and your bet has bigger risk to fail.

By saying investment for retirement ticket, you would have more similar intelligent investment thinking and your plan will be more detailed, careful and has higher chance to bring you financial freedom but minimize risk of losing money.

Bitcoin is Bitcoin, it is as it is, and will it help you to retire, it depends on you, not Bitcoin.

It doesn't look comforting for investor to buy x crypto project if majority of people look at it as a piggy bank where in the end they want to withdraw more money that they put into it.

If all it is to it is "number goes up" then crypto opponents are right and it's nothing else than a pyramid scam.

Bitcoin wasn't created to redistribute wealth, it suppose to be digital cash.

So maybe stop hoarding it and actually use it because that's where the value is.

The most important thing is to understand everything about Bitcoin first. Then the answer will be obtained whether it is good or not for retirement plans.
I feel that Bitcoin is a good retirement plan for one and many reasons that I don't need to explain here because I know enough. So before considering it good or not, find out all aspects about Bitcoin first, not just following its popularity.

this is the sad reality about the transition we've noticed with earlier Bitcoin users and what's at the minds of those buying Bitcoin now. No one is interested in talking about the potential that Bitcoin has outside of it volatility. It's now about how profitable investing into it can be for the long term. What's now the difference between Bitcoin and this other coin that's flying around the media space?
like seriously! Every one is looking for where to keep is money and in the next year they see it doubling into a huge figure, is that what Bitcoin is created to solve? To just talking about it as a mere investment asset making so many new persons that are coming into the sector to assume that once you've invested into it you've signed your way to the place of financial liberation.

I know that along the line, it's not wrong to leverage on the volatile nature of Bitcoin but to be honest, if at the time that Bitcoin came into existence people were only told about it volatility like what's now common with today's users, I doubt it would have gained this value it has attained now.

while this is theoretically relevant, in practice it doesn't have much use. You don't normally involve yourself in international transactions that will make it easy to use at the moment and you can't really use it to buy stuff in most part of the world so finding the best way to use Bitcoin on a more frequent bases would be quite deficult. What's easy to do is to hold it pending when it gets popular to the extent one can use it locally and since it has proven to have hard the ability to gain it worth overtime, it's also good to take advantage of that aspect of Bitcoin.

There are plenty of places where you can spend Bitcoin on common goods but the common notion in Bitcoin circles is that you should just hoard it.

Due to this the evolution of Bitcoin is impacted as well because it doesn't need to be digital cash anymore, it can just be a magic bean you buy, you bury it and it grows you money!

It's a recipe for disaster and only few understand it.

Well, I plan to save at least some BTC for my retirement. I think that it's a great plan, it just has to be not the only investment.

If it's not good , how can it become popular and gradually have more people invest in it? Clearly, the popularity of bitcoin shows that it is a good asset and worth considering for investment. But I agree with you, we need to take the time to study it. Just because it's good doesn't mean it doesn't have its drawbacks, so we should also take the time to research everything about bitcoin . And understanding it will also help us in the future, we will avoid panic when faced with its volatility. We should only invest in things we understand, don't invest in things we don't understand and just follow the crowd.

Retiring through Bitcoin? Well, supposing that you've accumulated enough during the early days, certainly. It was far easier than it is now. Bitcoin currently costs an approximate $65,000; acquiring a single coin now is almost impossible for the average Joe, and you're going to need a lot more than that if you're planning to retire solely on Bitcoin. There's no direct answer to your question; it depends on a series of questions such as at what age are you planning to retire, and most importantly, how much money are you estimating to be enough for the rest of your years, and how are you planning to use it?

Moreover, this begs the question, are you willing to risk your retirement on a volatile and high risk investment? I don't think it's a good idea, despite Bitcoin's movements so far.

Didn't you heard ? Bitcoin is going to $8 Million! all you have to do is STOP using it.

https://bitcointalk.org/index.php?topic=5500210.msg64231013#msg64231013 (https://bitcointalk.org/index.php?topic=5500210.msg64231013#msg64231013)

Bitcoin is missing the biggest market of them all, being money.
And all because celebrities and companies lured uneducated fools into believing that being digital gold is better than being digital cash.

https://i.postimg.cc/3xWPNmtL/Untitled.jpg

My mistake!  :D

Bitcoin has been known for its profit potential and anyone who considers this as their retirement plan is not a bad idea but of course, I won't say they must put everything into bitcoin. Still better to put some percentage in the banks and another share into another investment. Why? We consider the risk of the marker because even though we know how profitable it is but granting that we don't have assurance for its long-term stay at least we secure some money on other investments. Ideally, that is the best thing to in our money as we can't put all the eggs in one basket. We just think about funds security and we no longer have to commit mistakes as much as possible because this might be the last money we receive in our entire life.

For me, bitcoin as a retirement investment can be both exciting and risky. On one hand, it's gained a lot of value over the years and offers high growth potential. But on the other hand, it's super volatile and can lose value quickly.

For retirement, it's usually smart to have a diverse portfolio to spread out risk. So, putting a small percentage in Bitcoin might be okay, but relying heavily on it could be risky. Still, balancing it with more stable investments is key.

Hmm that true mate!
But I don't see anything wrong with it as long as the person isn't completely relying on Bitcoin for their retirement investment or plan because you can't put all your eggs in one basket. No matter how good Bitcoin is, at the end of the day, it's a cryptocurrency and it only has a digital existence, and we know it has an extremely volatile nature, so we can't be sure where its price would be in the future and when we say it is going to have a great value, we are only speculating.

So according to me, a person should invest in Bitcoin and keep it for the distant future if they can afford to do that, but they should invest everything they have only in Bitcoin and they should diversify their investment portfolio in multiple options so that if one of them doesn't work out, other options should be able to cover it.

When we talk about bitcoin and retirement, it doesn't mean we have to put all our retirement assets into bitcoin, bitcoin is just one of many assets that we invest in (Don't put all your eggs in 1 basket.)

I know everyone has a different retirement plan because we need to consider many factors involved but I wanted to ask you. Bitcoin is considered the best profitable asset these days and even if bitcoin cannot give you the best retirement days, what alternative will you choose to replace it?


I think bitcoin has become a lot safer because many countries have legalized it and bitcoin ETFs have been approved. So I don't think it's appropriate to call it a risky asset these days if you intend to invest in it for the long term. Bitcoin has become much safer legally, and in terms of its volatility there will only be short term risks but in the long term I think it is risk free.

Truth be told, bitcoin has certainly its set of advantages and disadvantages. And while it can be considered a good retirement, but I don’t think it’ll be a wise idea to focus only in bitcoin, but should diversify our investments so that in the end, we will gain multiple profits. That way, our retirement will be more secured than just relying solely in bitcoin. However, we can prioritize bitcoin over other investments and put a bigger allocation for it, knowing its potential profits is higher than other forms of investment.

Bitcoin could be a good option since we know that value would increase over the time, but the person who bet their retirement on their bitcoin investment should consider also the possible flaws. Since if they invest all their money and doesn't have any back up plan then the market collapsed so bad there would be a chance that you will lose all your money then you live a miserable retirement life. So have back up plan and set only the amount you can afford to spend on your investment for future. Also try to find multiple income streams while you are still capable so that there would be no problems or troubles will happen by the time we reach into that condition. Life at retirement is so hard that's why its important for us to prepare on that situation and don't do risky things that can possibly put us on huge risk.

Even though Bitcoin seems to be a good retirement plan for crypto investors, I don't think it's a pretty wise idea to have your future savings in a volatile asset that is currently on the high side($65k), which normally experiences an increase and decrease in its four-year circles of halving season, that nobody knows what each year holds for the price of bitcoin, whether profits or loss since it is expected that the crypto market to experience bearish and bull run in every four years circle. However, why can't one invest in the bearish market preferably and sell during the bull run? It's pretty much better that way than having a long-year retirement in bitcoin.

I don't think that bitcoin alone is a good retirement investment given how volatile the prices are and how crazy the prices can move, you shouldn't put all of your retirement money in bitcoin because you're going to end up making a big mistake, some traditional retirement investments are still a big deal in bitcoin so I'm not sure that a total abandon of them are the best thing, make bitcoin a part of your investment not your entire investment plan. Also, people that are saying that there's nothing wrong about investing in bitcoin for your retirement will probably do a bandwagon change when the price of bitcoin begins tanking.

The idea of ​​making Bitcoin a retirement investment is quite good, seeing how Bitcoin has performed in recent years and what its potential is in the future. However, this must also be accompanied by investment in other instruments, because putting your money in just one basket is not recommended, especially as Bitcoin is quite volatile, one must understand this. And also good knowledge in how you can store your assets and how you secure them is also something to consider - it's safer to put your money in a non-custodial wallet and consistently invest your money in bitcoin.

Fluctuation in investing is something that is commonplace, investing is full of risk. It's best before you invest your money in Bitcoin, at least you should study the asset first. If you are sure, in my opinion, there's no harm in putting it in with a small percentage first at a young age. If you have progress in your investment, there's no harm in putting it in. more than before. Indeed, looking at its journey or track record during its initial launch, this asset has had very significant growth over a long period of time.

If it's partial, that's possible. but if all the assets are transferred to Bitcoin, No.
Investment in Bitcoin is indeed increasingly popular. And I personally also really believe that Bitcoin will have a much higher asset value in the future.

However, if all this is done in totality in investment, I think, we must still consider investing our money in several ways, and of course it is also more important to invest some of it in real life. So the point is, it's in funds and risk management, by diversifying the money into several trusted and reputable assets.

Bitcoin Retirement:
https://talkimg.com/images/2024/06/21/h68Fz.jpeg
https://www.ccn.com/bitcoin-retirement-volumes-at-all-time-highs-reveals-bitcoin-ira-ceo/

For me, I am not yet taking it into a retirement, but I'm making it as one of the ways to prepare my children education fees in the future.  

And the important point when we want to use our money to invest in Bitcoin as a retirement investment is that we also have to know the market patterns. This will depend on when we should buy or start buying so that the purchase is not classified as a very high price.

One of the reason you could discover for this whereby many people are considering the use of bitcoin for their retirement plan is because of the future benefits in it which is promising, unlike the way they have been seeing others getting retired from the way government regulate the whole system with the pension boards and they have no much benefits sin this than the hostility of their pension funds and some never wait to eat from their investment before they left, bitcoin has come to make amends in all these, one can start earning from his retirement fund as soon as possible after his investment in bitcoin, despite all these, there is still hope for them to have a secured and profitable future in bitcoin than when its in fiat.

Bitcoin's decentralization is its foundation. It has no government or bank ties. Its not subject to their traditional methods like printing money and inflating. But there's more. Its about philosophy. It challenges our money beliefs. Bitcoin values transparency and independence.

Yes, Bitcoin fluctuates. Life is too, right? As in life, taking risks can pay off. Bitcoin may provide you more financial control. Using Bitcoin for retirement? Not only a smart financial move. A life decision. Buddhists teach taking charge. Be independent and make your own way. This mindset leads to life and retirement success.

In most countries there is a cap on how much you can save into a retirement account. Then there is always rules about withdrawals, age limits, taxes, penalties etc etc

With BTC there is no cap, no rules other than your tax obligations.

Its pretty obvious allocating some of your retirement savings into BTC is a good idea. Its way less restrictive vs retirement accounts. Personally I have been playing around with using BTC to fund early retirement until my own fiat retirement accounts kick in.

It goes without saying that it's not advisable to put all eggs in one basket and expect Bitcoin to be your one and only retirement plan. Is it a good investment? So far, yes, it has proven itself that it's a profitable investment. Do we know what's going to happen in 5, 10, or 20 years from now? Certainly not, but that also applies to other investments, such as the S&P 500 or gold. Perhaps these two investments are the answer to your question as well. From my point of view, gold will keep increasing in value, while the S&P 500 index has been steadily growing for more than 20 years.

That's true, but that doesn't necessarily make it safer. Don't get me wrong, I'm not against Bitcoin by any means, the exact opposite; I believe it has immense capabilities that we haven't seen yet. I'm just pointing out that we cannot deny its nature, that it's a volatile and, due to that, highly profitable investment, with certain risks involved.

I think that the Bitcoin retirement bet depends on how old you are and when you plan to retire. If you plan to retire in 10 years, Bitcoin might be a very good bet but if you want to retire in 30 years, I wouldn't bet on Bitcoin and freeze funds for 30 years because 30 years is too long period.
I would personally save my savings in Bitcoin but I wouldn't freeze my wallet, I would try to be flexible and I mean that I would track the price and listen to Bitcoin-related news. At the moment, Bitcoin has a very bright future. Bitcoin ETFs and the post-halving situation will create a perfect bullish market for Bitcoin which will last for a year or two. I will exchange my Bitcoins to fiat once I think that Bitcoin raised a lot and the bubble is about to burst. Then I would start thinking about altcoins that have a promising future. At the moment I think about Matic. After the Bitcoin bull run, the Altcoin bull run comes too. If you manage to be flexible and move from Bitcoin to fiat to altcoin to fiat back and then repeat the cycle, you'll manage to retire soon and that's my plan. I don't plan to just buy Bitcoin and hold it for centuries without checking the price every now and then.

If Bitcoin market continues its performance then it is a good option for retirement investment.  We all know that Bitcoin has 4-year cycles, wherein each cycle Bitcoin performs a certain multiple price increases and if this cycle continue to happen then in one way or another the investment today will more likely result in a huge profit after each 4-year cycle.

Another thing is the institutional adoption and government acknowledging Bitcoin, at the current state Bitcoin is yet to be fully recognized by the majority of the country, and if Bitcoin is successful in establishing its influence and countries follow those who have a positive view on Bitcoin, we might see its value soar.

Of course, things might happen southward, after all, no one can tell what will happen in the future but for the next two cycles, I believe Bitcoin will continue its progressive performance, and venturing into Bitcoin for a retirement investment will more likely be a profitable venture.  One note though, in order to avoid a serious loss, one must invest only an amount he can afford to lose after all no one knows what will happen in the future so it is always good to have a buffer in case things don't go the way we wanted.

It is a very good plan to use Bitcoin investment as your retirement plan for future.

This article explained several things about Bitcoin which will make you believe and answer your questions by yourself. Apart from being decentralized there are several advantages of using Bitcoin investment as your retirement plan which includes store of value, earned profit after some time and fight against inflation.
If you leave your fiat money in the bank as your retirement plan, the money will remain stagnant without gaining any valuable interest from the bank, and inflation will continue to affect the money because its value will reduce due to high cost of goods which is caused by inflation.

Bitcoin as a retirement plan is a great idea to me and I can’t see anything wrong with those that have seen it as convincing enough to make it their retirement plan. They’ve come a long way to not be useful to those that have leveraged on its use and at the same time protect and promote the ideal course of its invention.

Using it  as a retirement also require you to have faith in it and use a non-stop supply of cash for investing a very long time before your retirement. It will help you in different aspects of life after it has grown to that extent you’ll be profitable from the investment. Bitcoin has helped made things easier and profitable for us, but only those that are blessed from it will understand.

A retiree who chose bitcoin as an investment in his or portfolio has actually made a good financial decision.Now the society we are investors are going for an investment that is totally a hedge against inflation and Bitcoin could only be the solution,an investment that even in recession it would still stand firm.Saving your funds in fiats as a retirement bet could be a miserable move because it is highly inflated and loses it values during economic downturn.But with Bitcoin it's assured that returns are profitable though the market it volatile (unstable price move),but the value and returns of investment are worth profitable in the long term.

Definitely gaining popularity gradually to the masses as a retirement portfolio exposure MUST! Gradually all the big financial advisors have been flocking to the ETFs and that will be a good way to go about it for most folks who have no clue how to gain bitcoin exposure through traditional self custodial methods aka cold storage etc.

I actually do believe that it is a good way to make money, and I know that a lot of people will doubt it, but retirement is my goal as well. I am not "saving until I am 65 years old" or something so I retire wealthy, I am investing until I have 200k, which I am faaaaaaar behind, but let's assume that one day I do reach 200k, then I will stop working and just retire at that moment.

Life is already getting way too tough and I am not even in my forties, so if I could live this harshly for another 30 years, I would definitely have some serious health issues. I need to make 200k quickly, so that I could retire early and just try to relax a bit and keep my body and mind healthy. Started meditation recently, I hope I can see some results eventually.

Bitcoin despite of its anticipated progress in the future, is still a risky investment. So one should always take calculated risk, and invest at your own risk. It's good to invest in bitcoin and expect for a brighter future but focusing only in bitcoin for retirement is not a brilliant idea, you need to invest in fiat as well to lessen the risk of losing your capital and to increase of chances in making significant profits.

Have a Bitcoin plan as a retirement investment is a big ideal, because one thing about the Bitcoin investment is that once you've invest into it and hold it for a long period of time in future it will bring a huge profits, and why is that they're always advance a retirement people's should be introduce themselves into Bitcoin investment is that; so that they can have some savings and it will stand as their another success of income.

Bitcoin as becoming a popularity since it as surrounded all over the world wide it will good that if people's can introduce themselves into the Bitcoin investment since it allows us made transactions from one to another, just like a bank account but some people's that don't know how the Bitcoin operates are refers it to scams.

first of all, why did you decide to call Bitcoin a bet on your topic? Are you rating it on the same scale as other known betting platforms or what?

---

I haven't lost anything way more than I should ever since I got registered in here and began my crypto journey; It pays to HODL. There isn't no harm in deciding to make it your retirement plan as alot of people have done already, but what makes more sense and gives confidence even in times naysayers will be like -- we've lost it finally, but you still got it is the "knowledge"
In whatever you do, always diversify your means to other MEANS OF survival, should you ever be found in wanting.

Well, that's the one thing that we cannot put away in bitcoin: its risky traits. Well, that is also why many investors invest in bitcoin: they know that the risk is worth it. Anyway, if you can handle and manipulate the risk for your own benefit, you will surely earn a lot, and you will surely make a good investment. Bitcoin is a good thing and an opportunity for us investors, so no matter what the risk is, it's better to take it because if we know how to handle it, we could take advantage of the risk to our own accord. 
 
Bitcoin is the best investment for me or has been for my whole life, so no matter what the risk, I'm ready to face it and take it if and for over. I've faced the risk of bitcoin, and of course, it's not always good as I lose some money sometimes, but that's part of the greater success.

This has been said before years ago by the early Bitcoin adopters that they'd use Bitcoin as their retirement fund. There's nothing wrong with it. Instead of putting that money in the bank and they'll earn little interest and at the same time that they're going to have some inflation. The value of that money will become lesser over the period of time. Compared to holding it in the form of BTC, you're now going to deal with deflation because Bitcoin does have a limited supply and it's last supply will be mined when we're probably dead already. That's the reason why it's a good retirement fund but for those that think it's a gamble, don't overdo it. Just invest what you think will be right for your retirement. Because think of it, the rich people are also betting their retirement funds with stocks that can be said to be uncertain in the future too.

Before gaining popularity like now, Bitcoin was only valued with Pizza. Who would have thought Bitcoin could be as great as it is now with a price above $ 60,000 / 1 BTC. If it were not for the strong efforts in protecting Bitcoin made by people who believe in Bitcoin, maybe Bitcoin would not have gained popularity like it is today.
When it is popular because of its advantages, it is worthy of being used as a future plan to enjoy wealth for those who use Bitcoin as an investment asset.

I think a lot depends on the country you live in and retirement regulations there. If you need to save up everything yourself, it means you need to mix low-risk and high-risk investments, and I wouldn't go with relying solely on Bitcoin. But if you are in one of those welfare countries that automatically opt you in for retirement and for investment options that are considered low-risk, then you can strengthen your own future with Bitcoin and if it doesn't work out, you won't be left with nothing.
I believe in Bitcoin as a strong option for retirement savings, but wouldn't put everything on it.

I don't want to think in the lines of being late to this party...

But how you invest in BTC matters taking into account that if it doesn't work or go your direction you keep living life...and you don't want to be in a situation of getting  loans or you selling everything you have like your car, house  etc & buy the BTC at 66K only for price to crash as low as 20K, probably this isn't going to happen but people that gambled and bought BTC in its early days when it was discounted have already ploughed out massive profits and approach of investing in BTC today has changed which is why strategies such as DCA are being used to avoid putting everything in one basket.

In the 15 years of bitcoin's existence and development, it is not a too long or too short period of time, but it is enough to prove that bitcoin is very trustworthy and worthy of our trust in it. Therefore, we should not only be grateful to those who created bitcoin, but also grateful to those who have supported and trusted bitcoin over the past 15 years because thanks to them, bitcoin could become as popular as it is today . And for me, before learning or researching anything, I always consider the popularity factor because if it is not good, it will certainly not receive the trust of the crowd . Therefore, popularity can be a reliable measure for us to rely on when learning about bitcoin.

For those who are participating in the market and are planning to invest in bitcoin these days, what they should learn about bitcoin are the pros and cons that it can bring them, and the use cases bitcoin...from there they can decide whether to invest or not, IMO.

Actually, I wouldn't take the risk and see btc as a retirement investment.
Sure it can all go well, price is going up and you can live happily ever after. But what about the ofter possibility. All crypto basically crashes for whatever reason, may it be another covid ( I remember too well in early 2020 ) or war or who knows what.

In this scenario everything will lose value of course but crypto is depending on so many things, it's just too risky to bet your late life on it in my opinion.
Maybe my opinion is unpopular here, I don't know. I take it "better safe than sorry".

Bitcoin is not an "investment" but that doesn't mean that a lot of people won't treat it as one.

Bitcoin is best used as a tool for long-term savings. It will prove to be the absolute safest place to put your money for storing value decades into the future.

Some people think that the ETF is just as good as owning bitcoin but that's not the case. We all need to be careful about is the use of the new ETFs that have convinced boomers to put their retirement money into them. Since we have no way to audit these ETFs, there's no way for us to be sure that they actually have the bitcoin in reserve so it is best to just buy some bitcoin, send it to your own wallet, make sure that your seed phrase is stamped into stainless steel, and then just wait until retirement age.

Maybe the ETFs are honest and they have all of the bitcoin that they say that they have but I trust bitcoin in my wallet a lot more than bitcoin supposedly sitting in Coinbase's wallet that is supposedly owned by the ETFs which are supposedly owned by the people who buy the ETF shares. That's too much risk for my liking which is why I tell everyone that you need to own at least something on-chain otherwise you don't own anything but a paper bitcoin IOU. 

I'm a bit of an absolutist on this but self-custody is the only thing that matters.

It is not bad for people who believe in BTC and whom have good knowledge about it, because there is no doubt that there is risk in it. Volatility risk and security risk are some of them, so if you understand these, you'll know were to set your expectations and also how to safely store your coins.

It is also important to know that you should have part of your money in lower risk investments, especially when we are talking about a retirement plan, i.e. bonds, Money Market Funds, etc. So the point is, do not plan for your retirement with only BTC, because it is a high risk asset.

Retirement plans means one thing, they are looking to hold for as long as they could hold. This is a good call I must say but I don't think it's a good idea to put everything in one basket because when a person goes to retirement, it means the person has stop working for money and is just resting and using some small change to pay bills but I think using some part of the fund for Bitcoin is better and the use the rest for an investment that can give passive income.

The reason why I'm saying this is that Bitcoin is volatile and it can favour you or gives you loss if you buy at all time high. It's not a bad thing to invest in Bitcoin but it should have been with a fund that you are ready to risk it all incase anything should happen, you are ready for any consequences but a retirement money is not something anyone can let go and you know shit happens, you never can tell tomorrow but it's good to be optimistic though.

Sure, if we go back to Bitcoin's historical performance from when it was lunched 2009 down here 2024, You will definitely agree with these categories of people looking to have a retirement investment savings with Bitcoin, Because over the past years, the price of Bitcoin has never been same after each halving, so if we should capitalize on this alone, it means someone who is Buying Bitcoin and in form of saving for retirement will never regret doing so, reason being that Bitcoin must have gained a lot in value.

IMO it's a safe bet. Bitcoin is known for a number of things. One of them is volatility, which can be a bad thing if you need money at some point and can't find other ways to get it but to use your savings.
It's also known for price appreciation after halvings and limited supply which makes it go up in the long run. The way I see it, you can't lose if you're willing to wait 5 years or more, so as a retirement bet (10 years +) it's going to work out, I'm sure of it.

It is undeniable that most people may include me investing for old age (retirement) to be more secure and indeed such intentions are not a grandiose thing but the problem is how strong we hold bitcoin in the end because after all to achieve such goals (investment for retirement) clearly requires strong enthusiasm and determination because this cannot be done if we are not serious from now on.

In addition, time considerations may also be a reference in this case because after all, when we are now at a productive age or maybe even younger (because not a few students are in bitcoin) it must also be considered whether we are able or not to be there that long.
It's just that whatever the intention is whether it's for retirement or not what needs to be believed from this is when we are in bitcoin and with confidence that bitcoin will be able to bring us to the changes that are expected by looking at the current progress then it is very good.

Yes. Bitcoin should be part of retirement planning. I mean it is not gonna make anyone rich quick or anything.  But small consistent investments over decades can pay off big time later and  bitcoin seems smarter than keeping money in a savings account making jack squat interest.  The idea is that we could live off interest, assets appreciating, that kinda thing, without even touching the capital we have built up.  Im not financial expert, but just makes sense to me put some retirement money in Bitcoin.  Diversify and all that.

People using Bitcoin as a retirement plan could be better than most investments out there that people use for retirement but later fail them, for countries with good systems, they can use landed properties and other assets as their fall to plan for retirement and they will receive it without any stress but for people living in countries that the laws can be broken easily and they won't get any repercussions, having your retirement pans on Bitcoin that is a digital and can be accessed quite freely is actually a life saver. With Bitcoin you can save down millions and it won't have any taxes attached

If you're a hodler and you're planning on holding until God knows when then this will be a perfect plan for you to accumulate Bitcoin rather than depending on other investments. Investing in Bitcoin as a retirement plans would be more successful than investing in bonds and stocks that mightn't be around as Bitcoin is going to be and the increase Bitcoin would had achieved in that time. Just some dollars that you might have invested would be worth more tomorrow when you retire and you can be financially freedom.

I do not know if there are actually a lot of people trying to use bitcoin as a way to save for their retirement, but I think it is a good tool for this goal in particular, as even if bitcoin is relatively young compared to other popular investing tools, this also gives bitcoin the advantage that it can produce much higher profits compared to them, so as long as you begin to invest all the money you can in bitcoin, and you can keep holding it until you reach your retirement age, then you will have way more money than other people that did not took the time to invest or that did so in other assets.

Those who are investing in bitcoin foe retirement is a very good one. So that in their old age when can't hustle again then they can use the invested bitcoins to feed and maintain theirselves. But they have to do when they are still in the active service and not when they are already retired.

It doesn’t sound bad but understand the volatility of Bitcoin. Also, I think it depends on when you start the retirement plan. If you start from an early age to put those savings in Bitcoin rather than the bank, first, your funds are completely yours, second, you can make some extra if Bitcoin price goes up. Continuously saving more and more over the years would be a good idea because Bitcoin has a trend of good growth. So even before the retirement, the savings could be doubled.

I don't want to say bet on saving/investing Bitcoin for the future or for the retirement period because it is definitely going to be a credible investment if you start saving and till retirement. If you don't want to go past analysis you should stick with them where most investors trust. There are many other factors for its future price growth which you should decide through market analysis. People want to keep their income in bonds or insurance for their retirement even if it doesn't give them the returns they expect. But if you decide to deposit bitcoins every month from your disposable income, you can get higher than expected returns and many times more till your retirement.

I know it's just your use of words, but I will not recommend betting on your retirement plan. Retirement is the one you should be sure of since we are talking about the rest of your life here

Anyway, bitcoin is most profitable when you hold for a long period so I think it is a good investment even if you are not in your retirement age just yet you can definitely hold bitcoin until you are ready to retire and use the profit you have made from bitcoin

Well, you will actually have to pay tax when you convert it to local currency, or if you live in a country where there is a wealth tax and you exceed the threshold. Another thing is that with bitcoin it is much easier to hide it and transport it, and therefore, if necessary, you can go to a country that has no or much lower taxes on bitcoin. If you have a house worth 1 million dollars and everyone sees it, when you sell it you cannot avoid paying taxes on the sale, nor can you avoid paying property tax while you have it, nor can you take it to El Salvador or any other place where you will not be taxed.

For me, bitcoin should be part, although not exclusively, of a good retirement plan.

It's a good option but you have to be very careful while investing into Bitcoin. As you know that the market is very volatile and the retired persons have certain amount of money that they are alloted while retiring.

You have to hire some good crypto trader or an experienced individual so that they can offer you some very good techniques that will help you to gain some continuous and good profits.

With current inflation rates you will never have enough money for retirements. I guess that you need at least 20 btc to play if safe

It is true, if you are saving your retirement funds in fiat, then by the time you retire, the money would be worth nothing and inflation would have eaten almost all of its value. However, only 'few' people would ever own 20 BTC or its equivalent in any fiat currency, only rich people can afford that, and then they would not have to save for their retirement out of their ears.

I believe retirement funds are better if put into medium risk investments, it is good to have some of it in liquid cash, but keeping all of it in cash is too 'risky' in itself, because of inflation, which will always continue rising.

When a person retires from a job, he is paid a lump sum according to the job, which is roughly the sum of money. Many have a dream that they will build a house with their pension money and many dream that they will fulfill their wishes with this pension money and there are some retired employees who think about their future and invest their entire money in various business activities. There is nothing wrong if a retired person invests his pension in Bitcoin if he has knowledge about Bitcoin and believes in Bitcoin. But I would say to invest half or two-thirds of the pension money instead of investing the entire amount. The remaining half or the remaining part of the money can be used for his various dangers.

In as much as Bitcoin could be a good investment, having to give it priorities as an investment for the retiree doesn’t sit so well with me. I mean, these are persons who can have high blood pressure at any time and having their hopes hooked on a highly volatile investment like Bitcoin, which can pump and dump unannounced could mean trouble for a retiree. Having the values of their holdings depreciate wouldn’t make a good site and these guys need something a lot more steady to go on, they don’t need that volatile Bitcoin.
Therefore, having it for an investment before retirement and through retirement is good but, it’s shouldn’t be there sole investment.

You are right, and this is the reason why a wise person would barely settle down with what they have because they would know it wouldn't be enough unless they have accumulated a lot of it or they want to live a simple life without any luxuries or enjoyments and knows he wouldn't need a lot of money to enjoy their life until they leave this world.

If someone has about 20 Bitcoin or money equivalent to it, they would start investing some of it, maybe start some businesses that they know would grow and provide them some revenue in the future that they can use, some people would invest all of it because you can make more money with money and it is all about how you use the money you have.

Makes sense, although bitcoin has potential, but we should not ignore its volatility. If we start planning for retirement now and use bitcoin instead of banks or other assets, it will be a great plan and we can even retire earlier than expected if bitcoin reach high prices. But it would be very risky if we are retired and use our retirement money to invest in bitcoin in the hope that it will bring us more profits. Bitcoin's volatility in the short term is very unpredictable and if it accidentally gets dumped, we will pay the price for that. Therefore, depending on the situation and time, we have appropriate choices.

Well, there is no ceiling in that sense, the more BTC the amount is, the better in this idea of ​​taking it as a withdrawal liability, the issue is, how much do you need to have to have a worthy withdrawal, it is not a question of 1000BTC or 1BTC to a worthy withdrawal , so in reality it is something (very) individual. Then, in any case a retirement fund based on several assets is always better, so within that 100% of the money that you stipulate, bitcoin should never be 100%.

Bitcoin is a good investment, and I believe it would be worth more in the future for anyone with plans using it as a part of their retirement plan. Though I would not recommend going all in in Bitcoin, try invest in other things as well, this is life we are talking about and nothing is fully guaranteed. So invest wisely.

I agree with you and Bitcoin should be used as one of the options not the only option as a place to save money for retirement or old age, however risk and money management needs to exist, we cannot be fanatical in life, what if the seed phrase disappears and other things that interfere with your bitcoin, maybe someday if you can't withdraw it it becomes a problem and you only have assets only in bitcoin, that's too dangerous when viewed from the risk of bad possibilities, we should have other options such as land, gardens, gold or anything that might provide value to us in old times, and I think it is much better for financial health, where we have bitcoin and other assets besides bitcoin.

Depending on each person's point of view, assessing and investing in Bitcoin will look good if they understand how. Bitcoin can be used for retirement investment because its value continues to increase and if someone dares to hold it in the long term then they will definitely get the desired profit. Pension investments really need to be prepared so that people can live a much better life when they are old and that means they need to be prepared well.

If someone understands how to invest, the money placed in bitcoin investments for retirement will be much more productive because it can continue to increase in value. I agree with preparing bitcoin for retirement investment because as far as we can see bitcoin does have a good ability to maintain value.

I would say don’t all-in since Bitcoin still contain high risk due to its volatility considering that we are talking about retirement money which you will badly need in the future. You can’t afford to hold longer if you are already retired while the price of Bitcoin that time is lower than your average buy. There’s a lot of time which Bitcoin plunge huge percentage of the price that makes it still a high risk.

I think splitting your retirement plan to stock market, cash in the bank and Bitcoin will be a good idea since you can hedge the risk if one the 3 market crash.

I agree with you, of course it would be better if we didn't put all the assets we have in Bitcoin and in terms of price, of course no one can guarantee that the price of Bitcoin will continue to increase, as you said, it is very true because of its high volatility, of course this would be very risky if We want to maintain all the assets we have for retirement and if the price of Bitcoin does not match what we want, of course this will be very disappointing when our retirement age arrives.
Choosing to divide the assets we have into several areas for future investment is certainly a good choice considering that of the many types of investment, of course we have to have them so that we can enjoy the benefits of what we invest.

I will not gamble my future on a technology that might be replaced by something else in 30 to 40 years from now.

That is not to say that I will not use Bitcoin to accumelate more wealth, while it is still a hot topic and a technology that are trending.

Any form of saving that beats inflation are good and Bitcoin has out performed inflation for many years.

I agree with you, this is a piece of wise advice, many people who consider Bitcoin as an all-in asset end up regretting it later because no matter how good a thing is, there is no telling the future. Maybe everyone has good hopes and believes that Bitcoin will go higher in the future and they will benefit, but this is all just hope, I'm not sure why, they put all their investments in Bitcoin. It's not wise to go all-in, one should look at other things besides Bitcoin and wise people are the ones who make good decisions for the future and don't depend on just one thing but always have other options.

I have seen people make mistakes themselves and later blame other people who did it on the advice of so and so and if they succeed in something they take all the credit and say yes, it was my idea, it was a wise decision, I did it and I succeeded. If you hold yourself responsible for success, you must also hold yourself responsible for failure.

In my opinion, it is good as long as you are able to secure the recovery seeds properly and safely. There is a lot of evidence that people in the past succeeded in doing this, whether intentionally or not, where the seeds of healing could be accessed again so that they were able to become billionaires today. When it comes to retirement investments, it is also a good choice to at least have someone who can look after your assets when needed. Not only as a retirement investment, Bitcoin is an inheritance for our children in the future by preparing everything that will later open up access to the inherited Bitcoin.

It's always to approach anything with caution, but remember that we are talking here about Bitcoin as a retirement bet. It's not about getting-rich-quickly scheme, rather it's about what are you going to get from your investment in Bitcoin in the long run. We can look at history of Bitcoin and see that so far it was a good decision to invest in BTC. Very good, I would say. And considering that most people in the world are still don't engage with Bitcoin much, we can conclude that in the future, when they realize that BTC is a valuable thing, it's price will rise.

That's how its so good to bet on this since we know that if a lot more people will participate that could gather more demands. Bitcoin numbers is limited as been said for so many times so imagine what will happen to that limited numbers if majority of people in the world would love to grab bitcoin? This provably beneficial for those people decide to spend some money for long term investment on bitcoin.

Bitcoin is starting to get a good break in the mainstream so in future for sure a lot of things will happen which a lot of people could benefit. BTC rise so high for so many years and for sure that there would be a lot more from bitcoin since for sure that there are lots of development will come to it in future.

Cryptocurrencies are always subject to high volatility. And depending on this, if one plans ahead, there is a lot of risk involved. Especially if someone has invested their entire life earning into this platform. A common result of various surveys is that cryptocurrencies are risky. A younger person can take risks. If he loses his investment, he can get a chance to recover his lost money. But when we talk to a retiree about investing in Bitcoin, it must be thought deeply. Because one mistake can spell disaster for those retirees.

There are huge differences between Bitcoin and other coins. For those of us who know about Bitcoin, it is risky but we believe it is a profitable investment. Its chances will increase further in the future. But what is important for an elderly retiree is the possibility of losing money from investments at a time when they need the money. If a person decides to invest for long term then he can definitely benefit.

Finally, I would say that retirees who can afford to keep some emergency funds in addition to their day-to-day living will have the highest potential for profit from investing in Bitcoin. If they keep their retirement money for the long term, that money can multiply.

Your topic title says "bet". There is no gamble or bet when investing in Bitcoin. Choosing not to invest in Bitcoin, is choosing that fiat is stronger than Bitcoin, when we all know it is so incredibly weak. That being said, if you are in or near retirement, i.e. less than 10 years away from retirement, then your investment timeframe might not be best to allocate your full net worth to Bitcoin. Also typically in retirement you will draw down on your Bitcoin, which goes against the rule of never selling your Bitcoin.

I just do that because I do not trust any other investment, that seems like the only reason for me. I agree that we should not put all our investments into just one thing, but I also question what is better than bitcoin? I mean there are people out there who invested into many things and lost in the end, and I do not trust most of the investments. Even if it is not a bad investment, it could be a slow one, like gold for example which is good but quite slow at the same time as well.

I just think that we should reconsider our stance towards all of this, it doesn't feel like we are doing the right thing. I personally believe that I dislike the fact that I invest only into crypto, and yet I still can't find anything else that I like.

There aren't many options where you can invest your money to secure a pension. If you save in fiat currency, you lose purchasing power day by day due to high inflation, and hyperinflation is possible, where you could lose everything in a short period. If you buy stocks or bonds, you are still dependent on fiat money. If the fiat system collapses in hyperinflation, the economy will sink, and stock prices will fall, and bonds won't be paid out. Bitcoin is the only safe place; Bitcoin is the lifeboat.

Just a reminder: with inflation there coudnt be a safe inflation bet. You never know what prices will be in the next 20 years, so you don't know how much do you need for retire if you don't have big passive income

Storing well the seeds of recovery is of course very important if we have decided to invest because without storing them well, of course the assets we have will of course not be able to access those assets again and I really agree with you regarding retirement investment, of course we must have someone who Indeed, we can trust someone who can access it, especially when we are old, of course it will be difficult for us to remember it and we could forget the assets we have invested. Of course this will be very unfortunate and no one will be able to enjoy what we have prepared. for old age, inheriting Bitcoin to children will of course be very useful for them and of course we have given them the understanding to be able to use well what we have given them.