Would You Consider Adding Bitcoin to Your Retirement Savings

[Davidvictorson]

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.

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?

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[Oshosondy]

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?

I will consider bitcoin as part of my retire plan. If possible I can use the retirement plan for buying assets like bitcoin and gold, I will prefer that. I m not having the fiat mentality because fiat value will always get to reduce.

I am not a type that have to depend on anything like government or anything that have to do with retire plan because I work for myself. I prefer my savings for the future not to be in fiat, it is better if I have asset instead. During a massive bear market, it is another good sign that I should save in bitcoin.

[Flexystar]

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?

I do not really look after my retirement plan and not having any plans of adding bitcoin as such. I am more or less trying to put up more money in Fixed Deposits with long tenures as well as Mutual Funds. As far as the two concerned, they will bring me vital amount of profitability over the period of time and the same returns I can use for my future. I would love to enjoy my life right now as it is and have as much fun as I could out of it. This does not mean I am going to be broke in my old age, because FD and MF will take care of that.

Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

I dont think so. Bitcoin's volatility is really high and that makes it genuinely risky asset to hold for next 40-60 years. That is considering a retirement age by that time. It could go upto 1 million a btc in next 10 years but who has seen the future thereafter? It could reverse itself and be at 500 bucks? That scares me and that's I dont think its potential companion for my retirement plans.

[bitmover]

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?

The right question is about how much bitcoin would anyone keep for retirement savings


100%, 75% or even 50% is just stupid.  No one should do that, especially for retirement,  which is a moment in life where you can't hold for years expecting the price to bounce back.

A Retirement portfolio should be very conservative  , and more than 10% in bitcoin ia just crazy. Unless you are really rich

[NeuroticFish]

As a bitcoin supporter, would you consider adding bitcoin to your retirement savings

The bitcoins I can put away are meant to become someday the bulk of my retirement savings. But that's the bitcoins I can earn and that I manage to not spend.
The rest of my retirement savings come from the old channels, from the stable day job (but I expect that to just barely keep me fed).

So if bitcoin goes to oblivion before I get to the retirement age, I won't remain 100% uncovered. However, the chances are small for that.
If bitcoin gets to new highs... I hope I'll have the chance for a decent life at old age.


But all that is really far. For now.. it's easier to just stack sats and don't think that far.

[tabas]

It's been so long since I've seen people saying that they're using bitcoin for their retirement funds. There's no need to go through a fund management from a third party company or a financial institution that do uses it. If someone doesn't have the full knowledge on how to keep his bitcoins as a retirement fund, that's where I think such service is needed. However, there's no need for someone who's working hard and saving money for retirement in bitcoin to just let a company manage that holdings for him.

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%?

It's better to scatter source for retirement fund, I've got other assets that I do consider which are part of my retirement so maybe in terms of percentage that's going to be around from 10% - 50%.

Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

Yes.

[bittraffic]

This is like giving Fidelity Investments permission to use your funds to trade. In which they could profit, sell when the price hit ATH, and then buy again when the market hits the lowest low. This would really be good if there is transparency to it.
It could sound good when you hear about it but that would mean you get to wait til you are retired to get your BTC right?

It would be fun to hear what the elders who think alike like Charly Munger do. Those are the ones who are hard to convince.

[Captain Corporate]

Bitcoin IS my retirement savings. I do not have anything else, well technically I have other cryptos, but I only invest into crypto and nothing else. If one day I will decide to buy a house, which looks to be pretty impossible as it is right now, but who knows, then I could consider that. But among things like gold, stocks and so forth, the best one in my mind is crypto. Of course you need to be careful what you pick, most of my money is in bitcoin and its there until I retire 30 years from now, which means that I can hold my coins for another 30 years if I do not need to cash it out. Thats a pretty good savings if you ask me.

[avikz]

Absolutely yes! It is already in my retirement savings. I do have a day job and earn salary income. So whatever I earn from my signature campaign, goes straight to my savings only. And I do not usually sell off the bitcoins unless there's a huge emergency.

Bitcoin can indeed give a huge return if I can hold it for the right amount of time. But I am not sure about my government whether they are going to allow bitcoin in the country in a few years. So the entire thing is still uncertain.

[dothebeats]

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.

[Zaguru12]

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.

This is also my assertion because even though we are confident of bitcoin rising in the coming years we cannot also be too sure of how it will be. Anything above 30% is way to risky to invest in bitcoin as retirement investments. I already have bitcoin as part of my plans with the idea of doing DCA biweekly and saving the rest retirement funds in fiat and possibly other assets. Although Fiat is risky due to inflation but we are yet to reach a stage where bitcoin should be 100% investment funds.

[swaga]

The right question is about how much bitcoin would anyone keep for retirement savings


100%, 75% or even 50% is just stupid.  No one should do that, especially for retirement,  which is a moment in life where you can't hold for years expecting the price to bounce back.

A Retirement portfolio should be very conservative  , and more than 10% in bitcoin ia just crazy. Unless you are really rich

Id say it depends on what type of retirement fund we're talking about but in I do agree with you mostly. I would go up to 15% btc/eth. As you said anything higher than that would be crazy as no one can guarantee the
price will be right when the person retires.

In my opinion holding up to 15% crypto could either give a your funds a nice little to moderate boost or simply cut them short by the said 15%.

[Fortify]

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.

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?

It depends what you define as adding it to your retirement savings. If you've been successful throughout your life, or even just invested wisely every month for a long period of time, then it is wise to have a small chunk - more like 5% and below - diversified in these "fun" side holdings. Crypto simply doesn't compare to where people usually keep their retirement savings and has not grown a long enough record to be considered a safe asset like the companies that most people own in the pension schemes. Companies make products or sell services, if you own a share of them and they generate profit, that's how you get an income in retirement but crypto doesn't offer the same predictability. It is simply a gamble that you'll be able to sell it for higher without it producing anything of tangible value.

[Fivestar4everMVP]

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?

As a crypto believer and bitcoiner, having bitcoin as a retirement savings for me is a norm and not something that one has to go the extra miles for.
Though I personally would not trust any third party company to hold my bitcoins for me, so I would prefer that the company I with keep paying my retirement saving into the third party company account in fiat currency, while set aside some part of my salary every month for buying bitcoin as a retirement savings as well for myself.

[Yatsan]

Investment I guess but not savings. It won't be something you can use in times of emergencies unless adoption of this technology is already okay when that time comes. I defined it as an investment because there's no assurance still of what will happen to its value in the future; anything could still happen as long as global acceptance is still lacking. Unlike with bank savings wherein it will always be there unless your bank will be subjected for bankruptcy but that's another story I guess. Depends on your preference still; if you are for a more secured saving, right now it would be fiat. But if you are okay with taking the risk for long term, ofcourse investing into it would be a good shot.

[Finestream]

Absolutely yes! It is already in my retirement savings. I do have a day job and earn salary income. So whatever I earn from my signature campaign, goes straight to my savings only. And I do not usually sell off the bitcoins unless there's a huge emergency.

Bitcoin can indeed give a huge return if I can hold it for the right amount of time. But I am not sure about my government whether they are going to allow bitcoin in the country in a few years. So the entire thing is still uncertain.

I would not also hesitate to consider accumulating bitcoin for my retirement but I would admit maybe just a very small portion like 10% knowing there is no guarantee if bitcoin will still be valuable in the future or may lose its significance eventually. However, as long as I have extra money to buy bitcoin these days, I am really saving bitcoin for my retirement and with the help of DCA, hopefully it will create a sum of huge amount so I can make the best of it in the future.

[Hydrogen]

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?

I think 401k, IRA and crypto are retirement methods for married men with children. For those who have their families depending on them. It becomes harder to accept risky ventures, which might be more profitable. 401Ks and IRA's are often funded by investments in stock markets based on the assumption of long term growth. In eras where inflation, recession or economic contraction are prevalent, they generally become less satisfying as investment vehicles due to reduced growth.

Youth who are single and do not have families could do better with higher risk retirement investments. They do not have families or children relying on them. Making it easier to learn, explore and develop knowledge and skill base.

Personally, I like dividend reinvestment plans (DRIP) as there are documented cases of people earning enough to retire early using them. They depend more upon profits than long term growth. Which could make them more attractive over the long term than 401ks or IRA. Due to profits being (IMO) an easier goal to achieve than consistent growth.

I love bitcoin. It has always resembled something not unlike a warzone with no shortage of controversy and conflicting opinions. If anyone is relying upon BTC for their retirement I hope they diversify and have 2nd and 3rd options. Whatever BTC I have for HODL purposes, I'm complimenting with as many other things as I can find.

[n0ne]

Retirement savings is for the future. Same is with bitcoin investment. As one of the user mentioned, rather than depending on a third party it is good to go with our savings done in a non custodial wallet. Almost every sector have added bitcoin into their business. In such a way bitcoin is getting added to the retirement plans is a good move.

[Agbe]

Op from your last statement you made mentioned of accepting bitcoin in my retirement savings and I am corresponding to that effect. And I will boldly say yes. If my employee is ready to add bitcoin to my retirement or gratuity and I know how to handle or use bitcoin I will definitely accept and us it to invest in it. And also coming to the subject which has different interpretation with the last statement (question) connote the synonym of the idea of the content. Adding. Bitcoin to my retirement savings is a personal decision or interested. All depends on the knowledge you have on bitcoin on you old age. One thing you have to know at that time is that, you have to know how old are you at that time because if you invest late you might not able to enjoy the investment but your children. If your age permit you then it is very good to invest but if your age will not permit you, your investment will be enjoyed by your family members.

[The Sceptical Chymist]

Maybe if I was still in my 20s and had a very well-paying job I'd consider it, but now?  I don't think anyone who's even 20 years away from retirement should allocate any percentage of their retirement account to anything crypto, not even bitcoin.  If people want to speculate in it, IMO they should do that on top of whatever they put aside for retirement.  As much as I'm a bitcoin enthusiast and vehement supporter, the reality is that it's just too risky and volatile an asset to include in a fund that's meant to at least remain stable if not grow (which the stock market has historically done).

I'm not sure how many 401(k) plans offer any sort of crypto option, but I bet it'll catch on over time as bitcoin becomes even more mainstream than it already is.  I'd still stick to stocks that provide income, though.  That's what you want when you finally retire.

[Myleschetty]

Based on the limited supply of Bitcoin, block halving, and potential I think accepting Bitcoin into a retirement saving account is the best thing every Bitcoin enthusiast will ever do cause of any form of DCA method, and it's also a good plan for the future since the government keeps printing more currency.

[bittick]

it's gonna be no brainer mainly because bitcoin have history of linearly increasing in term of valuation and i'm sure by adding bitcoin to our retirement saving it'd somehow grow the investments and savings.
but the think is, the volatility, imagine you're putting your retirement savings in btc when it was bullish and then suddenly massive correction happening, would your saving retirement still not disrupted? i guess diversification would also be essential.

[hatshepsut93]

Some investors may soon be able to add cryptocurrencies to their 401(k) accounts.

Adding "cryptocurrency" is a very bad idea. In 20-30 all of the coins that are popular today will be dead. Ethereum has some slim chance of surviving if it will manage to find at least some real users for its smart contracts.

Regulators should separate cryptocurrency and Bitcoin - crypto is like a penny stock, but without the chance of becoming a big thing, Bitcoin is like S&P 500. They are different asset classes with very different risks.

[Desmong]

This is a big question we need to ask ourselves especially for those people that are old ams going to be earning there pention soon. This is a wise decision because nit everybody that will agree to this based on different reasons. The question is what if you hold your pention in Bitcoin and the market falls heavy when you get your pention, the question is how long are you going to wait?

[sheenshane]

Adding Bitcoin to your retirement savings could be a good option if you are willing to take on more risk in exchange for potentially high returns. It might important to remember that diversification is key to managing risk in your investment portfolio.  So, adding Bitcoin to your retirement savings should not be your only investment and the percentage of your retirement savings that you allocate to Bitcoin depends on your risk tolerance and investment goals.  IMO, it's recommended that investors allocate no more than 5% of their portfolio to Bitcoin or any other individual asset.

Adding Bitcoin to your retirement savings using the DCA method could be a good way to minimize the impact of market volatility on your investment.  It's a safe method of investing to deal with high volatility.

[Don Pedro Dinero]

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?

Not in a retirement fund like the ones you mention. Although bitcoin does form part of my long-term savings and investment, and therefore also for retirement, but putting it in a pension fund goes against its very essence, as you are not going to have your private keys. What you are going to do is pay money to an entity to buy financial assets such as shares and bonds, as well as bitcoin, and they are normally deposited in another entity that has custody of them; you do not have custody of them. I think we've learned enough about the risk involved. So I'd better keep my bitcoin and I'll spend it when I retire or whenever I want.

[xSkylarx]

This is a big question we need to ask ourselves especially for those people that are old ams going to be earning there pention soon. This is a wise decision because nit everybody that will agree to this based on different reasons. The question is what if you hold your pention in Bitcoin and the market falls heavy when you get your pention, the question is how long are you going to wait?

There's always a saying that you shouldn't put all your eggs in one basket. Pensions are used by you to celebrate your retirement; others may also invest them in business, but not all of them, only a few of them. But if you have another source of income, then it is okay to wait on it, as you know that you can profit from it. It is just that you need to make sure that others know what you are doing and know your private key, as we don't know how long you will live, so that other family members can still access your bitcoin.

[Outhue]

You have already put the question in order OP, you asked if someone could consider 'adding" Bitcoin to retirement savings, so this means that a part of your retirement savings will be Bitcoin, not everything, so it depends on the percentage of Bitcoin you want in your retirement savings.

I don't see any reason why not, the danger here would have been if you put all your retirement savings into Bitcoin, putting all your eggs into one basket can make things get ugly fast, since that's not the case, your plan should work out just fine.

[bettercrypto]

     If I were a retired employee in a company or government agency and had knowledge about Bitcoin, of course, I would not hesitate to invest in it.

        50% that I will get from retirement savings will go to my bitcoin purchase and I will hold it for 5-10 years or depending on the future value of bitcoin especially since the bitcoin halving is closed again to happen, and I will not regret it I'm sure to myself.

[serveria.com]

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.

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?

Yes, it's a good idea and it should be not less than 50%. Ok, if you're planning to retire soon than maybe less (20-25%?). Let me remind you that the biggest Bitcoin gains come from hodling and retirement account is exactly that. So, if your retirement will happen, say, 20 years from now it doesn't matter will it be a bottom or ATH - you will receive significantly more than you initially invested.

[LogitechMouse]

I would love to, but unfortunately I will not do it.
I'm still at my mid-20's, and I'm very far away from retiring. I might prefer investing into different stocks that gives dividends overtime rather than just holding Bitcoin as my retirement savings.

The fact that Bitcoin is too risky and a very volatile asset is the reason why I will not considering it. At the moment, I'd consider investing into stock market more for the long run than into Bitcoin, or maybe I might hold a specific amount of Bitcoin for let's say a decade or 2 or even 3 I guess.

[Mauser]

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?

Adding bitcoin to your retirement account is an interesting idea, but at this point in time I would probably not do it. As far as I know in my country there is not yet an option to add bitcoin to your retirement savings. There might some specialised insurance company focusing on it. The government retirement money in my country is not invested though, it's being paid out directly each year. When it comes to retirement money I think that we need to focus on very safe investment that have no real chance to lose money, that is why I would stay away from stocks and other risky assets. Once we look at our retirement fund as a very safe investment, we can use our own savings account to start trading more aggressive. Everybody can buy bitcoins for themselves, we don't need an insurance company to do it for us. The benefit of us buying cryptos directly is that we are in charge and we can sell and buy more when we feel the market is in our favour. Assuming that the longterm trend of bitcoins is upwards, then any retirement savings account is a DCA method on bitcoins. The only problem is that there is no option to sell any coins over a long period of time.  

[alastantiger]

In the country I live in, majority of workers are not familiar with retirement savings being handle by some institutions even though they exist. In the article which the OP talked about, it is mentioned that anyone who wants to have their retirements savings in bitcoin may have to get consent from their employer. And I wonder, what if the employer doesn't consent to it? That being said, how I think about this is that an individual's retirement funds should be spread across various portfolios. It should include, bitcoin, stocks, real estate, precious metals etc. The caution here is to not put all your eggs in one basket as you can never know what lies ahead. So for me an 25% of my retirement savings is already going into my retirement savings and I don think about another dollar cost average method is not this.

[slapper]

Bitcoin in my retirement savings plan is a no-brainer. I believe bitcoin has long-term potential and use it to diversify my retirement portfolio beyond stocks and bonds. I would consider allocating 25–50% of my retirement savings to bitcoin, but going all-in is unwise.

Bitcoin in a retirement savings account fits the DCA strategy. DCA, which involves investing a fixed amount at regular intervals regardless of market conditions, can be executed by periodically adding bitcoin to a retirement savings account.

[CageMabok]

This is a big question we need to ask ourselves especially for those people that are old ams going to be earning there pention soon. This is a wise decision because nit everybody that will agree to this based on different reasons. The question is what if you hold your pention in Bitcoin and the market falls heavy when you get your pention, the question is how long are you going to wait?

If you look at the question in the title of this topic, "Would you consider it?" This means that this is a very simple question, with each person's consideration before giving the answer. Because if a retiree is willing to consider Bitcoin into his savings, it means he is very ready for the risk and will not mind how long he will save the Bitcoin.

Because maybe he just saves Bitcoin to give to his children and grandchildren when they grow up and he also doesn't feel sorry if he doesn't have time to enjoy the results of his own savings. Because usually people who have retired from their jobs only think about eating daily and taking very good care of their health, while the more money they get from the pension salary will still be saved in whatever form it is.

[blockman]

Bitcoin in my retirement savings plan is a no-brainer. I believe bitcoin has long-term potential and use it to diversify my retirement portfolio beyond stocks and bonds. I would consider allocating 25–50% of my retirement savings to bitcoin, but going all-in is unwise.

Bitcoin in a retirement savings account fits the DCA strategy. DCA, which involves investing a fixed amount at regular intervals regardless of market conditions, can be executed by periodically adding bitcoin to a retirement savings account.

I'm also confident with bitcoin as my retirement savings plan. I've got a huge chunk on it and I know that it will be a life time opportunity just as what it had done to most of us.
Since it's started changing everyone's life, I'm not sure why others are still doubting it despite the fact that they've used it not just for transfers but mainly as an investment/asset.

[Cryptomultiplier]

From my perspective, I feel that retirement investment mostly as concern investment in cryptocurrency, should start at a certain age.
If one has an estimated idea of when it will be good for them to retire, it would be wise to then invest long-term, let's say 5-7 year in cryptocurrency. A suitable strategy I am confident in for now is DCA.
It is also adviced one gets to do a thorough research and read up on cryptocurrency and the exchanges involved before making such a decision, so as to have a good idea and be conversant with what suits their crypto investment plan best.

[AnonBitCoiner]

Crypto is not stable even its a bitcoin, I know that investment in Bitcoin lead to greater generation of your cash but its also contain some uncertainty. I have a strong believe that a person should not put large income into it because first issue is that there is uncertainty and second issue is that you will need some money in daily uses so if you put it in Bitcoin or other coin coin how you will manage daily uses there is a possibility that your income become double but on other side there is also a chance of facing some trouble because of which your money will reduces.

25 percent of money should be invested in Bitcoin and remaining amount should be saved personally if this 25 percent makes profit for you then get the profit and use again this 25 percent for saving in bitcoin. So in my opinion it is a wise idea to participate in trading with little amount and make greater amount in crypto by using this minimum sum.

[ethereumhunter]

I can't imagine what would have happened to those investors if they saw the price of bitcoin, which was at its highest this month, then saw its price plummet the following month. Surely there will be many investors who are not ready for it and are very worried about the decline.

I prefer investing using the DCA method using a small salary instead of using the pension fund. When I retire later, I can use the pension fund to start investing in crypto and add it to my portfolio. Besides that, maybe we also can't withdraw the pension fund or sell the bitcoins we have at any time and it's different if I use my own way.

[Lucius]

Not in a retirement fund like the ones you mention. Although bitcoin does form part of my long-term savings and investment, and therefore also for retirement, but putting it in a pension fund goes against its very essence, as you are not going to have your private keys. What you are going to do is pay money to an entity to buy financial assets such as shares and bonds, as well as bitcoin, and they are normally deposited in another entity that has custody of them; you do not have custody of them. I think we've learned enough about the risk involved. So I'd better keep my bitcoin and I'll spend it when I retire or whenever I want.

I completely agree with you here, because regardless of the "good intentions" of those who manage pension funds, the question is who will live to enjoy their retirement, and the even bigger question is whether it will be sufficient for a normal life. Most of the pensioners in my country live below the poverty line, and I don't believe that in 20-30 years the future pensioners will live better - that's why we stick to what is the only truth "your keys, your coins".

In addition, we already have failures when it comes to pension funds investing in "crypto" and some teachers in Canada are certainly not happy that the fund "made it possible" for them to lose as much as $95 million.

[SquallLeonhart]

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?

Not in a retirement fund like the ones you mention. Although bitcoin does form part of my long-term savings and investment, and therefore also for retirement, but putting it in a pension fund goes against its very essence, as you are not going to have your private keys. What you are going to do is pay money to an entity to buy financial assets such as shares and bonds, as well as bitcoin, and they are normally deposited in another entity that has custody of them; you do not have custody of them. I think we've learned enough about the risk involved. So I'd better keep my bitcoin and I'll spend it when I retire or whenever I want.

401k is American anyway, and I am not American so I wouldn't be able to do that neither, however I agree with you, I have bitcoin saved aside for my future as well and I think it will be for retirement. People are acting as if it is doing pretty terrible at the moment because it is down, but when you consider that you are going to hold it until you retire, then suddenly these few years do not matter.

It could become under 20k or over 30k tomorrow and it would not change anything for me considering I am investing for retirement. Having a retirement fund in itself is a luxury these days, so many people are living poorly that they don't even have any retirement fund.

[South Park]

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.

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?

I consider bitcoin part of my savings for a potential early retirement, but it is a mistake to invest in bitcoin through the government and their official channels, in my opinion there is no way for the pensions to be payed as the population is aging and as they retire they are not being replaced by more workers and at some point the system will collapse, so it is important to have an alternative planned in the case this happens during out lives and I think bitcoin is a good enough option to take on this role.

[Frankolala]

Yep,I will love to add bitcoin to my retirement savings but just 10%. It is total wrong to believe in bitcoin for your retirement savings because you can be disappointed at old age due to the volatile nature of bitcoin, because nobody knows tomorrow.

I would prefer the old tradition way for retirement savings. If you are working in a good company and you are been paid,it is good that you split the money and invest it in other valuable assets, so that you don't lay all your eggs in one basket, because it can bring regrets to you at old age. Saving in bitcoin is a good initiative but don't put all your hope in it.

[Bananington]

do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

Retirement is still some years from now and considering the movement of bitcoins and how it is expected have an increased value, I will consider and love to add bitcoins to my retirement savings and I think 50% is good, so I do not go all in and at the same, not all out. Any strategy and method that can put bitcoins in a wallet consistently is a form of DCA method. But as I consider 50% bitcoins for retirement, I will also consider security so that half of my retirement savings do not get stolen by thieves, if that happens, retirement will be hard and full of regrets.

[dunfida]

Yep,I will love to add bitcoin to my retirement savings but just 10%. It is total wrong to believe in bitcoin for your retirement savings because you can be disappointed at old age due to the volatile nature of bitcoin, because nobody knows tomorrow.

I would prefer the old tradition way for retirement savings. If you are working in a good company and you are been paid,it is good that you split the money and invest it in other valuable assets, so that you don't lay all your eggs in one basket, because it can bring regrets to you at old age. Saving in bitcoin is a good initiative but don't put all your hope in it.

Yes, always consider out that risk management and its always been that ideal that you should really be that mindful in towards into your decisions and mindset specially about retirement plan.
10% allocation wouldnt really be that bad and as long you dont go all in on something that is risky then you should be fine, although there are people who are really that loving on
trying out to risk on something which doesnt give out assurance.

Well, since its your money then it is really that your right on how to deal up with things.You do know on whats wrong and whats bad after all.

[isaac_clarke22]

~

Might consider a bit of both. I mean it would not stop me anyway from doing the traditional way of doing retirement savings anyway, and I already had IRA in my mind when I received my first paycheck. Having a little bit of Bitcoin as my retirement savings is going to be beneficial either way.

It is a saving regardless. For the degree? Those percentage are quite high if you would ask me. Just like others mentioned, >10% is quite high in my own end. It might be okay with others, but not for me.

[virasisog]

do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

Retirement is still some years from now and considering the movement of bitcoins and how it is expected have an increased value, I will consider and love to add bitcoins to my retirement savings and I think 50% is good, so I do not go all in and at the same, not all out. Any strategy and method that can put bitcoins in a wallet consistently is a form of DCA method. But as I consider 50% bitcoins for retirement, I will also consider security so that half of my retirement savings do not get stolen by thieves, if that happens, retirement will be hard and full of regrets.

50% will be good enough or a bit lower depending on our priorities but as for me, having Bitcoin as our retirement savings will always be a wise idea. The risk is, we still don't know how far Bitcoin would take when our retirement comes or if its price is still a reasonable value for retirement savings. Well, we only have yo trust Bitcoin and just trust its capability. Having Bitcoin even during our retirement days will be a good foundation because we can still have a passive income by grabbing crypto opportunities using our savings as capital.

[yhiaali3]

Yes, accepting Bitcoin in a retirement savings account is a form of the DCA method from my point of view, but I see that 50% of retirement savings in the form of Bitcoin will be very sufficient given the risks I take, not because of my fear of a drop in the price of Bitcoin, but because of the possibility of theft or loss of the wallet pertaining to retirement.

I think that it will be a good way to have a comfortable retirement, in addition to that we can pass it on to our children after our death, so that they have good capital to start their own projects.

[Sanitough]

Yep,I will love to add bitcoin to my retirement savings but just 10%. It is total wrong to believe in bitcoin for your retirement savings because you can be disappointed at old age due to the volatile nature of bitcoin, because nobody knows tomorrow.

I would prefer the old tradition way for retirement savings. If you are working in a good company and you are been paid,it is good that you split the money and invest it in other valuable assets, so that you don't lay all your eggs in one basket, because it can bring regrets to you at old age. Saving in bitcoin is a good initiative but don't put all your hope in it.

Exactly my point too. You cannot risk all your hard-earned savings into bitcoin and solely rely on it for your retirement. The volatility is so high that once your expectations are not met, you may end up dying with regrets. However, putting 10%-15% of your fiat into bitcoin is not bad at all. It could mean a very huge profits by then once bitcoin reaches its peak price. But if bitcoin value fails in the end, I would say it’s not a loss either since you only invest on the amount you can afford to lose.

[Mahanton]

Yep,I will love to add bitcoin to my retirement savings but just 10%. It is total wrong to believe in bitcoin for your retirement savings because you can be disappointed at old age due to the volatile nature of bitcoin, because nobody knows tomorrow.

I would prefer the old tradition way for retirement savings. If you are working in a good company and you are been paid,it is good that you split the money and invest it in other valuable assets, so that you don't lay all your eggs in one basket, because it can bring regrets to you at old age. Saving in bitcoin is a good initiative but don't put all your hope in it.

Exactly my point too. You cannot risk all your hard-earned savings into bitcoin and solely rely on it for your retirement. The volatility is so high that once your expectations are not met, you may end up dying with regrets. However, putting 10%-15% of your fiat into bitcoin is not bad at all. It could mean a very huge profits by then once bitcoin reaches its peak price. But if bitcoin value fails in the end, I would say it’s not a loss either since you only invest on the amount you can afford to lose.

Always consider out risks and just like the rest been saying that it is really that risky on going all in of your life savings into something which doesnt really give out assurance.This is why you should really be that sensible when it comes into your actions because there's no such thing about sure profits or give out guarantees that it could really be ending up on positive for the rest of our lives.Always have that balanced approach
which if you do really want or like to invest or put up money on bitcoin then 10-15% would really be that considerable and beyond those numbers are already considered out
to be a risky type of decision but since its your money then it would really be depending on  you.

[erep]

Always consider out risks and just like the rest been saying that it is really that risky on going all in of your life savings into something which doesnt really give out assurance.This is why you should really be that sensible when it comes into your actions because there's no such thing about sure profits or give out guarantees that it could really be ending up on positive for the rest of our lives.Always have that balanced approach
which if you do really want or like to invest or put up money on bitcoin then 10-15% would really be that considerable and beyond those numbers are already considered out
to be a risky type of decision but since its your money then it would really be depending on  you.

You are right, everyone has their own decision to determine the value of the investment but we have a normal limit to invest in bitcoin to avoid unpredictable bottoms, so I choose under 25% for bitcoin investment with long term DCA purchases so it's very it is not recommended to get all life savings for bitcoin investment because we will never know the future of crypto, we must also allocate savings for emergency needs in fiat because we have to have them when conditions are very urgent and efforts not to damage the bitcoin investment portfolio because we have reserve funds others for emergencies.

[panganib999]

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.

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?

I think when concerning retirement, the least of your worries is spending them all up before you die, and what you worry bout the most is counterintuitively, what if I lose all of this one day? If that even makes sense. But I digress, for me, as much as I love bitcoin and will continue supporting it, I don't think I will include it in my retirement plan. The risks are just too high to put at stake especially when you consider the fact that not only are you putting your money on the line, you're also putting the quality of your retirement days at stake, which is something that holds so much value especially when you get old and frail. That's just my personal opinion on the matter, and is only ever based on the current volatile nature of bitcoin, if it changes in the future, who knows? maybe I could go about investing a few of my savings there too!

[Oasisman]

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?

Adding it into your traditional IRA will ensure the security that you that you'll get your Bitcoin when you get to the retirement age. However, when you decide to withdraw your Bitcoin for the reason that you want to sell it because the price might get too enticing for you, you'll have to pay a certain percentage for the penalty of early withdrawals. So, that makes having your own personal Bitcoin wallet for retirement an advantage, because you dont need to pay penalties when you decide to sell it off before your turn 60 or decide to leave employment for the rest of your remaining life.

[tiCeR]

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?

I will consider bitcoin as part of my retire plan. If possible I can use the retirement plan for buying assets like bitcoin and gold, I will prefer that. I m not having the fiat mentality because fiat value will always get to reduce.

I am not a type that have to depend on anything like government or anything that have to do with retire plan because I work for myself. I prefer my savings for the future not to be in fiat, it is better if I have asset instead. During a massive bear market, it is another good sign that I should save in bitcoin.

I haven't heard of any country yet that allows for tax advantages or other benefits if you add Bitcoin to your long term retirement plan, but if Bitcoin adoption keeps growing and it also makes its way further into politics and legislation, that could accelerate its growth a lot. Some countries allow for stocks to be treated favorably as long as you add it to your retirement plan, but I fear that we are quite far away from Bitcoin getting such an approval. I wouldn't say it is impossible though, but rather a question of (quite some) time.

[STT]

I did consider it maybe 2018 and didnt do it, as always I was busy considering many other things.  Im already actively involved in BTC so the pension tends to be leave it alone type territory for fund placement and I was never that certain.  Obviously now I wish I had as the obvious sentiment low was a good place to be more bullish then the average viewpoint would ever give credence.  Presuming we're not deluded the active involvement of most people here gives us a clearer perspective then the majority peering into the goldfish bowl with warped views gifted by mainstream news etc.

[Darker45]

Bitcoin will, of course, always form part of my retirement savings. As a matter of fact, it's probably better this way rather than get into the most popular insurance packages here in my country. We have a government insurance system in place here. However, it is in deficit. There's no guarantee that it will still be able to pay its clients decades from now as its financial viability is under question. Simply said, it is poorly managed. Well, that's how it is with government agencies.

Furthermore, you can only enjoy it as soon as you reach 60 years old. I want to enjoy my savings long before my knees get weak and my interest to travel decreases. That's why Bitcoin is a must to my retirement savings. I want to retire early.

[bitzizzix]

As long as I bought it using money I can afford to lose I think choosing bitcoin as retirement savings is a good thing to do although I don't know how bitcoin will be in the future. But back to my belief and if I believe in the future or in my old days that bitcoin will be more valuable and profitable, I think there is no problem as long as I don't use important money for my life needs.
and I have a steady job and always receive a salary every month and I also save every month for sudden needs without using bitcoin, and for bitcoin apart from the results of my signature campaign I also only buy a small portion of my salary. Even if I have extra money after I put other needs first and that is also not mandatory.
so i do bitcoins as a fad and hope that in future or in retirement i can guarantee it and i am sure of it.

[xSkylarx]

Yep,I will love to add bitcoin to my retirement savings but just 10%. It is total wrong to believe in bitcoin for your retirement savings because you can be disappointed at old age due to the volatile nature of bitcoin, because nobody knows tomorrow.

I would prefer the old tradition way for retirement savings. If you are working in a good company and you are been paid,it is good that you split the money and invest it in other valuable assets, so that you don't lay all your eggs in one basket, because it can bring regrets to you at old age. Saving in bitcoin is a good initiative but don't put all your hope in it.

Exactly my point too. You cannot risk all your hard-earned savings into bitcoin and solely rely on it for your retirement. The volatility is so high that once your expectations are not met, you may end up dying with regrets. However, putting 10%-15% of your fiat into bitcoin is not bad at all. It could mean a very huge profits by then once bitcoin reaches its peak price. But if bitcoin value fails in the end, I would say it’s not a loss either since you only invest on the amount you can afford to lose.

Just a portion of your retirement, not all of it, because the retirement should be spent for you to relax, but others used it to start businesses as they loved doing so, but having it all in Bitcoin is not that good because of the risk. We should always think about the risk side so that we are prepared for it. If ever I have a pension, when I retire, I will invest 30% of it and the rest will be spent to meet my needs.

[Davian144]

You are right, everyone has their own decision to determine the value of the investment but we have a normal limit to invest in bitcoin to avoid unpredictable bottoms, so I choose under 25% for bitcoin investment with long term DCA purchases so it's very it is not recommended to get all life savings for bitcoin investment because we will never know the future of crypto, we must also allocate savings for emergency needs in fiat because we have to have them when conditions are very urgent and efforts not to damage the bitcoin investment portfolio because we have reserve funds others for emergencies.

The point is that financial management in life must always be there because now money has to be placed into several different things so that it is no longer feasible to only put it in one place. Apart from having to invest and trade in order to have a velocity of money in life, we also have to save money as a reserve fund for life and for health funds so that it doesn't disrupt the investment portfolio like you said.

Some investments are still very worthy to choose from now and one of them is investment in Bitcoin because Bitcoin still shows better potential at the beginning of this month even though it is still seen moving in a zigzag manner, but the choice of investment is still very good because of the demand and supply this year still looks very strong in the market.

[Xcode7]

As long as I bought it using money I can afford to lose I think choosing bitcoin as retirement savings is a good thing to do although I don't know how bitcoin will be in the future. But back to my belief and if I believe in the future or in my old days that bitcoin will be more valuable and profitable, I think there is no problem as long as I don't use important money for my life needs.
and I have a steady job and always receive a salary every month and I also save every month for sudden needs without using bitcoin, and for bitcoin apart from the results of my signature campaign I also only buy a small portion of my salary. Even if I have extra money after I put other needs first and that is also not mandatory.
so i do bitcoins as a fad and hope that in future or in retirement i can guarantee it and i am sure of it.

that's very true, even though no one knows what the future of Bitcoin will be like but the belief that you have and also what is being done right now to save Bitcoin doesn't have a big impact on your finances then what you are doing is the right thing.
for those who have known Bitcoin for a long time of course that fear no longer exists, quite the opposite.

I have considered it for a long time and have decided to keep Bitcoin as my savings in the future and I prefer Bitcoin over gold or stocks, all that I do without any basis except my belief in Bitcoin in the future.

[MusaPk]

401k is American anyway, and I am not American so I wouldn't be able to do that neither, however I agree with you, I have bitcoin saved aside for my future as well and I think it will be for retirement. People are acting as if it is doing pretty terrible at the moment because it is down, but when you consider that you are going to hold it until you retire, then suddenly these few years do not matter.

It could become under 20k or over 30k tomorrow and it would not change anything for me considering I am investing for retirement. Having a retirement fund in itself is a luxury these days, so many people are living poorly that they don't even have any retirement fund.

There are alternatives to 401k in almost every country. If you are doing a government job, then some fixed amount is deducted monthly from your salary and on retirement you will be given back that amount with some profit. That's how traditional model is working at the moment.

But the way economies and Fiat are collapsing it won't be worth to rely on fiat based retirement plan. If I would be given a chance to invest in bitcoin based retirement plan then I will invest 40% in bitcoin and rest in fiat.

[Strongkored]

Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

Yes that's like DCA
It would be great if I could have a retirement saving in crypto like Bitcoin, but I would prefer to keep it myself, not in a government-appointed institution because I feel safer seeing our savings in my personal wallet so I can keep monitoring that it's still safe and by remaining in our personal wallet we can determine for ourselves whether to keep it or exchange it for other types of investments that can also provide passive income when we retire.

[Faisal2202]

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?

Answers to your queries are very simple. Most of the Millennials are in the zone of Retirement and they are the one, who have seen everything (if they gave importance to technology) they must have seen the launching of btc from zero to hero. If yes, then they had seen everything.

If not, they still have backward mindset (no offense) recognizing the importance of crypto is in itself a big riddle some people assume it good in the shadow of others or vice versa.

Above graph is a survey's result by Morning Consult, You can check the percentage of Millennials interested in holding and selling and owning the crypto. This might give you an idea what Millenials would choose.

Now come to Gen-z like me, if i had a job and i can add crypto to my retirement savings by 401(k) retirement accounts. Then i must say yes, that will be a good option for me. How? I have seen the adoption of blockchain, web3, nfts, crypto tokens smart contract and most of the all Meta and this is just beginning. In future these technologies will rule the traditional ones. So i am bullish towards crypto use cases. And willing to chose crypto as my retirement plan.

But i would prefer to know somethings before like

• As 401(k) retirement accounts, has tax relaxtion mechanism. Does it mean when in retirement i will withdraw my 1 to 5 btc i have to pay no or less tax. As the tax for withdrawing 1 to 5 btc in USA is around (lets say for long term is around 0% to 20%)

[ethereumhunter]

401k is American anyway, and I am not American so I wouldn't be able to do that neither, however I agree with you, I have bitcoin saved aside for my future as well and I think it will be for retirement. People are acting as if it is doing pretty terrible at the moment because it is down, but when you consider that you are going to hold it until you retire, then suddenly these few years do not matter.

It could become under 20k or over 30k tomorrow and it would not change anything for me considering I am investing for retirement. Having a retirement fund in itself is a luxury these days, so many people are living poorly that they don't even have any retirement fund.

There are alternatives to 401k in almost every country. If you are doing a government job, then some fixed amount is deducted monthly from your salary and on retirement you will be given back that amount with some profit. That's how traditional model is working at the moment.

But the way economies and Fiat are collapsing it won't be worth to rely on fiat based retirement plan. If I would be given a chance to invest in bitcoin based retirement plan then I will invest 40% in bitcoin and rest in fiat.

You can use 40% to invest in bitcoin but other people, they will use a different percentage from you because each person will not have the same needs in life. Before investing in any field, you must calculate all your monthly expenses so you will know how much money you still have and can start investing.

But it could be that the plan works for some people who don't want to bother when they have to buy and invest their money in bitcoins because someone has set it up automatically. And when the time comes, they can receive the bitcoin and sell it according to their wishes or they will keep holding it until the price can be at the peak price, then they sell it.

[Doan9269]

If you're looking for an advanced means of securing the future in a more reliable way than the usual retirement savings plan then bitcoin is a good recommendation to go for because it helps the future looks bright with your investment in it, it also help it appreciate with time and you will enjoy the advantage under a decentralized network than the pension which is institutionized by a central authority, no risk or fear with your investment in bitcoin and yet you have a private life with your freedom on when to take your money or spend it than waiting on pension board to give you access.

[Uruhara]

I have thought about this over and over. even though I'm still young. but I already have a plan with savings for the future including retirement funds in it. I'm thinking of Bitcoin to put in it i.e. I'm going to collect it from now on and I'll keep it for the very long term. which I prepare for retirement funds later. The DCA method is also a method that I recently learned about. and I'm implementing it.
But the funds that I use for bitcoin investment are not too much. I bought it with small funds. so that I am ready with all the risks that I take.

[mvdheuvel1983]

I like the point of view however I think that instead of saving some percentage of my retirement in Bitcoin why not start now to create an account where I just keep saving Bitcoin.
 It wouldn't matter if it is for retirement sake or for a house or for a car or four my child. Or just go on putting some percentage of my income in Bitcoin for as long as possible. And then eventually when I retire or if I retire I would have already saved up a good chunk of money in Bitcoin.

[tiCeR]

Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

Yes that's like DCA
It would be great if I could have a retirement saving in crypto like Bitcoin, but I would prefer to keep it myself, not in a government-appointed institution because I feel safer seeing our savings in my personal wallet so I can keep monitoring that it's still safe and by remaining in our personal wallet we can determine for ourselves whether to keep it or exchange it for other types of investments that can also provide passive income when we retire.

This is a very important point you raised here. Nobody would actually be in their right mind if they create a retirement plan with Bitcoin and deposit those funds into a government controlled centralized institution. That is really against the whole point of Bitcoin.

If these retirement plans actually ever exist, there should be some coding mechanism that you can prove with to the government that you can't touch the wallet up to a certain point in time, or if you do any tax benefits or top ups granted from the government will be deducted again  calculated according to a certain predefined table.

I don't know exactly what the perfect solution could look like, but depositing Bitcoin into a government controlled custodial wallet for decades would make me nervous.

[Botnake]

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?

The right question is about how much bitcoin would anyone keep for retirement savings


100%, 75% or even 50% is just stupid.  No one should do that, especially for retirement,  which is a moment in life where you can't hold for years expecting the price to bounce back.

A Retirement portfolio should be very conservative  , and more than 10% in bitcoin ia just crazy. Unless you are really rich

It’s actually a choice to be made by an individual. I don’t see any wrong investing bitcoin for retirement purposes, but make sure you know the risks about it and one should be responsible to entrust maybe 10-20% of his funds into bitcoin. Even 10% is actually good enough, as there are still chances that you will only lose from it once bitcoin price stops prospering. Though it’s still not certain, but at least we are open about it if ever that happens.

[coolcoinz]

I don't have a government retirement fund. I've always been avoiding social security as much as I could and instead buying properties and investing. I have some money in the bank, some real estate, and a lot of bitcoin. Maybe not a lot compared to what some people own, but a lot compared to my total savings. Probably 80% of my liquid assets is in bitcoin, so I don't need to add anything to my retirement fund. My retirement fund already consists of bitcoin.

If I had some money saved up for retirement, I wouldn't add it to my bitcoin stash. I'd feel that going over 90% is pretty bold, even an enthusiast like me, but if I had nothing I'd gladly choose as much as 50% of bitcoin exposure.

[Distinctin]

As a bitcoin supporter, would you consider adding bitcoin to your retirement savings

The bitcoins I can put away are meant to become someday the bulk of my retirement savings. But that's the bitcoins I can earn and that I manage to not spend.
The rest of my retirement savings come from the old channels, from the stable day job (but I expect that to just barely keep me fed).

So if bitcoin goes to oblivion before I get to the retirement age, I won't remain 100% uncovered. However, the chances are small for that.
If bitcoin gets to new highs... I hope I'll have the chance for a decent life at old age.


But all that is really far. For now.. it's easier to just stack sats and don't think that far.

Bitcoin’s future remains uncertain for now so it’s actually not bad to reserve some bitcoin for retirement so that if ever the price surges high, at least we can also benefit from it and will make our retirement days valuable. But let’s not also forget to secure fiat before bitcoin because it’s an obvious fact that fiat will still be highly needed in the future especially if we have some maintenance check ups and medicines that will help us live a longer life.

[NeuroticFish]

Bitcoin’s future remains uncertain for now so it’s actually not bad to reserve some bitcoin for retirement so that if ever the price surges high, at least we can also benefit from it and will make our retirement days valuable. But let’s not also forget to secure fiat before bitcoin because it’s an obvious fact that fiat will still be highly needed in the future especially if we have some maintenance check ups and medicines that will help us live a longer life.

The thing is... that nothing is certain. Not even fiat. And I don't mean the current day's inflation, which is still not huge (but far from small either).
But look at Venezuela and their fiat. Do you really think that something like that (2018-2021) cannot happen to "better" fiat, like EUR or USD? Not now, but maybe in 20 years? Never say never.
That's why keeping some eggs in more baskets is the best... if one can afford that.

[Vaculin]

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?

I will consider bitcoin as part of my retire plan. If possible I can use the retirement plan for buying assets like bitcoin and gold, I will prefer that. I m not having the fiat mentality because fiat value will always get to reduce.

I am not a type that have to depend on anything like government or anything that have to do with retire plan because I work for myself. I prefer my savings for the future not to be in fiat, it is better if I have asset instead. During a massive bear market, it is another good sign that I should save in bitcoin.

Well, established assets are more proven to see progress in the long term, so I would not become hesitant to accumulate more assets as much as I can. And I think bitcoin is a profitable asset as well, but still knowing the price has no guarantee if it may grow or drop in the long term, then I should invest on it responsibly. I can start with a small portion for bitcoin and just do DCA whenever I have spare money to risk on it.

[Viscore]

As a bitcoin supporter, would you consider adding bitcoin to your retirement savings

The bitcoins I can put away are meant to become someday the bulk of my retirement savings. But that's the bitcoins I can earn and that I manage to not spend.
The rest of my retirement savings come from the old channels, from the stable day job (but I expect that to just barely keep me fed).

So if bitcoin goes to oblivion before I get to the retirement age, I won't remain 100% uncovered. However, the chances are small for that.
If bitcoin gets to new highs... I hope I'll have the chance for a decent life at old age.


But all that is really far. For now.. it's easier to just stack sats and don't think that far.

Bitcoin can be a great source for retirement especially if it’s value grows consistently, which means we can be sure of making our last days more memorable and valuable. But if it ends up the other way around, we will also suffer and dealing with it could be hard especially in our retirement days. The reason why we need to balance our retirement, we can invest in fiat as well as in bitcoin too. That way, we will never suffer and struggle in the end if ever one of them fails.

[KennyR]

As a bitcoin supporter, would you consider adding bitcoin to your retirement savings

The bitcoins I can put away are meant to become someday the bulk of my retirement savings. But that's the bitcoins I can earn and that I manage to not spend.
The rest of my retirement savings come from the old channels, from the stable day job (but I expect that to just barely keep me fed).

So if bitcoin goes to oblivion before I get to the retirement age, I won't remain 100% uncovered. However, the chances are small for that.
If bitcoin gets to new highs... I hope I'll have the chance for a decent life at old age.


But all that is really far. For now.. it's easier to just stack sats and don't think that far.

Bitcoin can be a great source for retirement especially if it’s value grows consistently, which means we can be sure of making our last days more memorable and valuable. But if it ends up the other way around, we will also suffer and dealing with it could be hard especially in our retirement days. The reason why we need to balance our retirement, we can invest in fiat as well as in bitcoin too. That way, we will never suffer and struggle in the end if ever one of them fails.

Retirement fund is most important thing in one's life. When it comes to retirement fund, the beneficiary needs the market to be on the bullish side. If not this could make them feel worried as their life completely depends on it. As mentioned a diversified investment is better, if not we should have a regular amount invested during our earlier days and when we move to retirement we'll surely have good bounce in the capital investment. Maybe cashing it out will let us have a better life for long than depending on the volatile market.

[fuer44]

No, because that won't make us enjoy in old age, it will actually make old age on worried anytime. We all know that bitcoin and all crypto has a fluctuating value and it is impossible for us to keep it in old age. For Retirement Savings, simply by using the savings that have been collected from youth, that already makes us enjoy with a cup of coffee in the morning.

[batang_bitcoin]

No, because that won't make us enjoy in old age, it will actually make old age on worried anytime. We all know that bitcoin and all crypto has a fluctuating value and it is impossible for us to keep it in old age.

We can keep it even it ages in time and that's what I'm doing.

For Retirement Savings, simply by using the savings that have been collected from youth, that already makes us enjoy with a cup of coffee in the morning.

We don't live only for one morning at a time. Joking aside, yeah that's what retirement savings is for. We have to prepare for our future so that every morning we've got some meals to eat. There are a lot of oldies that haven't planned their retirement and it's due to the circumstances that they've faced when they're younger. It's like having no financial education at all on the early days while us, we're lucky to have such discussions wherein we can think of what we must do in the future in preparation of our tiring days.

[harizen]

Regardless of anything, considering adding bitcoin to our savings does make sense.

If possible that we can include it in our savings, it's worth a shot. We don't like to rely on speculative market trends in crypto but there are lots of reasons to consider adding bitcoin as part of our financial plan.

Much better to slowly plan it for now while we are still capable of doing our respective financial source of income.

[Davian144]

No, because that won't make us enjoy in old age, it will actually make old age on worried anytime. We all know that bitcoin and all crypto has a fluctuating value and it is impossible for us to keep it in old age. For Retirement Savings, simply by using the savings that have been collected from youth, that already makes us enjoy with a cup of coffee in the morning.

You say things that are indeed logical, but please also note that each savings will always be valuable and will not be wasted in vain if it is a valuable asset. Because even though in old age someone who has saved Bitcoin can not enjoy it anymore due to an old age with no more needs.

He can immediately give the savings to his own family as his next generation while teaching about how to get it and also use it in a good place so as not to be wasted. Because it is true that in old age everyone does not need too much money even though he has to maintain a healthy body with a regular diet and by eating nutritious food.

[TheGreatPython]

Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

Yes that's like DCA
It would be great if I could have a retirement saving in crypto like Bitcoin, but I would prefer to keep it myself, not in a government-appointed institution because I feel safer seeing our savings in my personal wallet so I can keep monitoring that it's still safe and by remaining in our personal wallet we can determine for ourselves whether to keep it or exchange it for other types of investments that can also provide passive income when we retire.

The purpose of bitcoin is to remove the third party so it makes sense if you hodl the bitcoin in your own wallet than entrusting them to someone else like what is usually done in retirement plans and insurances. Here in our country I always hear an anomaly about it.

There will always be people who complain that their savings gets lessened overtime even though they haven't made any loans yet but a lot of the employees of those company are already kicked out and now in jail because they are guilty of the said act. Not only sure if that also happens to other countries. Having an addition aside from our retirement savings is always a good idea and bitcoin is one the best candidates for it.

[South Park]

Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method?

Yes that's like DCA
It would be great if I could have a retirement saving in crypto like Bitcoin, but I would prefer to keep it myself, not in a government-appointed institution because I feel safer seeing our savings in my personal wallet so I can keep monitoring that it's still safe and by remaining in our personal wallet we can determine for ourselves whether to keep it or exchange it for other types of investments that can also provide passive income when we retire.

The purpose of bitcoin is to remove the third party so it makes sense if you hodl the bitcoin in your own wallet than entrusting them to someone else like what is usually done in retirement plans and insurances. Here in our country I always hear an anomaly about it.

There will always be people who complain that their savings gets lessened overtime even though they haven't made any loans yet but a lot of the employees of those company are already kicked out and now in jail because they are guilty of the said act. Not only sure if that also happens to other countries. Having an addition aside from our retirement savings is always a good idea and bitcoin is one the best candidates for it.

This happens everywhere so it is not exclusive to your country, besides most countries are facing huge problems due to their aging populations, many of the current systems in place were created when there were a lot of workers for each person which was retired, but now things are changing and there are very few active workers for each person retired and this is going to get worse during the next decades, so we should not be surprised if the system collapses and the savings of billions of people disappear overnight.

[Hispo]

Of course, I would include Bitcoin as part of my "retirement" portfolio.
Here in my country currently there are no centralized mechanism for people to opt for Bitcoin in that way, as time passes I will have to manage my long term savings on my own. It happens the same with stocks and bonds, people need tome manage them themselves here, because the government only saves one's FIAT for retirement, which has proven to be fatal for people expecting to retire with any sense of financial security here. 

I think I would go for between 25%-50%, sounds reasonable if I diversify the rest with less volatile/more traditional assets.

[Russlenat]

Bitcoin’s future remains uncertain for now so it’s actually not bad to reserve some bitcoin for retirement so that if ever the price surges high, at least we can also benefit from it and will make our retirement days valuable. But let’s not also forget to secure fiat before bitcoin because it’s an obvious fact that fiat will still be highly needed in the future especially if we have some maintenance check ups and medicines that will help us live a longer life.

The thing is... that nothing is certain. Not even fiat. And I don't mean the current day's inflation, which is still not huge (but far from small either).
But look at Venezuela and their fiat. Do you really think that something like that (2018-2021) cannot happen to "better" fiat, like EUR or USD? Not now, but maybe in 20 years? Never say never.
That's why keeping some eggs in more baskets is the best... if one can afford that.

Yes, I guess both fiat and bitcoin are still uncertain of what will be their value in the future, so if we can have them both as our retirement, then definitely our retirement funds will be more secured and stable by then. However, I would not invest more than 50% in bitcoin I think, I prefer 70% in fiat then 30% in bitcoin, but it could be changeable in the future if ever bitcoin becomes more relevant than fiat.

[Hamphser]

Bitcoin’s future remains uncertain for now so it’s actually not bad to reserve some bitcoin for retirement so that if ever the price surges high, at least we can also benefit from it and will make our retirement days valuable. But let’s not also forget to secure fiat before bitcoin because it’s an obvious fact that fiat will still be highly needed in the future especially if we have some maintenance check ups and medicines that will help us live a longer life.

The thing is... that nothing is certain. Not even fiat. And I don't mean the current day's inflation, which is still not huge (but far from small either).
But look at Venezuela and their fiat. Do you really think that something like that (2018-2021) cannot happen to "better" fiat, like EUR or USD? Not now, but maybe in 20 years? Never say never.
That's why keeping some eggs in more baskets is the best... if one can afford that.

Yes, I guess both fiat and bitcoin are still uncertain of what will be their value in the future, so if we can have them both as our retirement, then definitely our retirement funds will be more secured and stable by then. However, I would not invest more than 50% in bitcoin I think, I prefer 70% in fiat then 30% in bitcoin, but it could be changeable in the future if ever bitcoin becomes more relevant than fiat.

We could easily make out some switch up if we wanted to and its true that fiat could really still be having that inflation but we know that it isnt something that as risky when you do deal up with crypto.

No matter on how high it would fly with colors in the future but it wont really be making out guarantees that it would be giving out positive results or outcome.No one really knows on what the future lies ahead.
This is why always consider out on having those risks management considering that we are involving our retirement savings which we know that we dont have other sources for us to get more income
on the time that we had retired.Unless if we do have properties and assets which we had been able to purchase when we are still in position.

[capedbaldy]

Yes, I guess both fiat and bitcoin are still uncertain of what will be their value in the future, so if we can have them both as our retirement, then definitely our retirement funds will be more secured and stable by then. However, I would not invest more than 50% in bitcoin I think, I prefer 70% in fiat then 30% in bitcoin, but it could be changeable in the future if ever bitcoin becomes more relevant than fiat.

I totally agree with the division of your investment allocation that 30% determines the maximum amount for bitcoin investment because the price of bitcoin is unpredictable, besides that we can convert some fiat savings to buy gold, because saving everything in fiat will impact losses if the currency experiences inflation.

[dezoel]

Having a portfolio that is high-tech is actually a pretty good idea. Bitcoin, tesla, apple, these are all technology related stuff and it could actually build a good method of making a profit. There are a lot more new tech stuff like AI, and you could look for ways to invest into that but do not invest into anything that puts the AI label on their company, not all of them are like midjourney or openAI, they just put the machine learning in churn and claim they are AI too while having not even half-finished products to people.

Bitcoin is great because of this, it has been popular for over 10 years now, and it's getting even more attention every single day.

[Pejoh Asu]

Bitcoin is a long term investment that has good prospects, currently I am 28 years old and plan not to work at 40 years old, if I have more finances then I use it to buy bitcoin and some altcoins that have good potential in the future, I hope performance continues to improve so that at the age of 40 I have a business and I think bitcoin is worthy of being used as a retirement savings.

[South Park]

Bitcoin is a long term investment that has good prospects, currently I am 28 years old and plan not to work at 40 years old, if I have more finances then I use it to buy bitcoin and some altcoins that have good potential in the future, I hope performance continues to improve so that at the age of 40 I have a business and I think bitcoin is worthy of being used as a retirement savings.

It is important to set goals like these to ourselves, the retirement age in most countries is very high and it is getting even higher, so if someone wants to retire early and enjoy their life then they need to make some heavy preparations to reach this kind of goal, and investing in bitcoin and holding your coins is a good idea, as the higher the price of bitcoin skyrockets the less years you will have to work to sustain your current lifestyle for the rest of your life.

[Anonylz]

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.

[nurilham]

I will consider it for sure. Why not add it for retirement saving investment? Bitcoin is a long-term asset, the price tends to always grow. It is a big potential to hold Bitcoin as a retirement investment. However, don't put all the money on Bitcoin, we need to divide the retirement assets into several things. Gold, land, and Real estate are also good options for retirement assets. Bitcoin is a high-risk asset, we need assets with smaller risks, too. Diversification is the best way to optimize the chance for profits and minimize the opportunity of huge losses.

[livingfree]

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,

I'm still quite young I guess and that's why most of my assets are in the form of bitcoin. Yeah, there's still the risk that we don't know what may happen on it in the future.

But I'm taking it as something to be worry-free because of how I've seen those early investors in the tech scene that they've got no idea what's gonna happen on them in the future.

At least with bitcoin, we've got already the idea of the past charts that it has shown and it's very encouraging and making me optimistic on what's in it to store. In that case, it has made me have that share for my retirement fund wholly through bitcoin.

[autumnleaf]

Due to the price volatility, I don't want to use my retirement savings to invest in Bitcoins since I deem it to be too risky. Although it has already been said that bitcoin is a good long-term investment, it is risky to include it in your plan for the next 40–60 years. Invest in something that will produce passive income, such as gold or real estate, whose values will never go down.

[19Nov16]

Good choice and hope for the future if we can save bitcoin for retirement, currently I'm still working with a salary of about $ 655 per month, I bought bitcoin several times from the rest of the money because I hope to get big profits from bitcoin, unfortunately I'm still not profitable because I bought a lot when it was rising when the price was more than $ 50k and the cheapest price I bought was a month ago around $ 21k.

[Pujangga]

Bitcoin is a very promising asset if we are patient and hold it in the long term, I regret selling bitcoin at a low price when the market was red a few years ago, at that time I had 2.5 btc and I sold it at the end of 2018 at a price of 1 btc equivalent to $4800, if I hold on until now of course I can retire and start a business.

[Uruhara]

Bitcoin is a long term investment that has good prospects, currently I am 28 years old and plan not to work at 40 years old, if I have more finances then I use it to buy bitcoin and some altcoins that have good potential in the future, I hope performance continues to improve so that at the age of 40 I have a business and I think bitcoin is worthy of being used as a retirement savings.

It seems I also have almost the same plan with you. because I also plan to be able to have financial freedom before the age of 40. so after my 40s I really want to just enjoy a more relaxed life and I have dreams of traveling the world with my family. dreams that look ridiculous but I'm serious about it. that's why I'm used to saving and investing from a young age. everything that can make money I studied. and getting bitcoin into a retirement plan looks like it would be great too. I've thought about it over and over and it looks like it's going to be good.

[South Park]

Bitcoin is a long term investment that has good prospects, currently I am 28 years old and plan not to work at 40 years old, if I have more finances then I use it to buy bitcoin and some altcoins that have good potential in the future, I hope performance continues to improve so that at the age of 40 I have a business and I think bitcoin is worthy of being used as a retirement savings.

It seems I also have almost the same plan with you. because I also plan to be able to have financial freedom before the age of 40. so after my 40s I really want to just enjoy a more relaxed life and I have dreams of traveling the world with my family. dreams that look ridiculous but I'm serious about it. that's why I'm used to saving and investing from a young age. everything that can make money I studied. and getting bitcoin into a retirement plan looks like it would be great too. I've thought about it over and over and it looks like it's going to be good.

Just remember that such money is supposed to last you a lifetime, if you have dreams of traveling the world and maybe other expensive purchases this increases the money that you need to generate before you are 40 years old and reach your goal of an early retirement, and while I think the price of bitcoin will keep growing during the next years and decades, the higher your expenses are the more dependent you will be of bitcoin maintaining very high prices.

[Casdinyard]

I may consider adding bitcoin as part of my retirement plan but not solely surround it with bitcoin, because everything is a gamble with cryptocurrencies considering their high volatility rate and I couldn't just take that bet considering that retirement savings are supposed to last me until I die. So for the hell of it and a little sentimentality since it helped me a lot, I may own a couple bitcoins regardless of their price point by the time I turn 60, but then focus my retirement fund on fiat since I know for sure it's something I could rely on. When you're working for your retirement savings, profit isn't supposed to be your concern, it should be "Will this money last me enough till I die?" Or "Will this money be enough for my kids/inheritors to last them for a long while?"

[Theones]

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.

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?

great info shared!
I think its is a good idea too- because when you are weak and jobless - a passive income is all you need. Many people who are good investor would think of this and would be working on the plan

[Gyfts]

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?

Where most people make their mistake is they don't invest early enough. The key time to begin investing is in your 20's as those contributions have the capability to grew 10 fold over a period of 40-50 years depending on when you retire. Investment accounts should be treated independently from Bitcoin investments because you can almost guarantee certain types of investments will yield you a positive return over a period 40 years. Bitcoin would almost certainly grew by some degree over the same period but perhaps it's less predictable.

That being said, Bitcoin is absolutely critical to a retirement portfolio. Don't put all your eggs in one basket, diversify. People can have varying opinions as to the percentage of your portfolio being Bitcoin, but having Bitcoin as a part shouldn't be a difficult decision to make. A lot of the traditional financial advisers I've seen recommend <5-10% which isn't enough IMO -- to each his own.

[mamesso]

It doesn't matter if you plan to save Bitcoin for retirement savings, it's definitely not a bad idea. One thing you should know, there is no certainty in life, how long you can survive with the assets you have in the form of Bitcoin. I mean, when you are admitted to the hospital and need big expenses, while your financial condition at that time is unstable, your only hope is in the assets you keep in Wallet. Like it or not you have to sell it even though at that time the value of the assets you have is decreasing.

It is worth reviewing this plan if you are not very wealthy. You need to underline that the very high volatility of Bitcoin makes you have to be prepared for risks. Choose investment media wisely, you can easily sell it and not reduce the value of your assets. Of course you can understand what I mean.

[Fesatmas]

Learning from some people I say that it is the smartest thing to include bitcoin in the portfolio funds retire, at a price that gets longer and longer each cycle both the lowest price point and the highest price point. There's so much potential that bitcoin has a very high return for a retirement fund that's more what you put in it today, it would be stupid of me to pass it up if I've watched and know how bitcoin does it for long term holders, Until today I still collecting bitcoin bit by bit for my retirement fund, and thankfully I'm still holding on to it.

[KiaKia]

I bet that everyone will want to add Bitcoin to their retirement plan but there are some risks involved, you should know that in the near future the regulators might find answers to how to regulate Bitcoin itself, I know this could sound like it's stupid but who knows? Also understand that Bitcoin is not insured by any federal depository insurance companies which means that you have no chance of getting your money back if anything unexpected happens to Bitcoin.

A while ago, I think to myself, if there is ever going to be a decentralized insurance company that can help insure bitcoin and crypto investment, I've seen lossless and Checkdot but I am still yet to be satisfied, maybe some might tell me how IRA might be of help? But that's still a centralized entity.

[Iranus]

Learning from some people I say that it is the smartest thing to include bitcoin in the portfolio funds retire, at a price that gets longer and longer each cycle both the lowest price point and the highest price point. There's so much potential that bitcoin has a very high return for a retirement fund that's more what you put in it today, it would be stupid of me to pass it up if I've watched and know how bitcoin does it for long term holders, Until today I still collecting bitcoin bit by bit for my retirement fund, and thankfully I'm still holding on to it.

It would be a wise decision to add bitcoin to our retirement assets. But don't depend entirely on bitcoin, bitcoin offers high returns but also very high risk, and the future of bitcoin is still a question mark. I mean, nothing is absolutely safe in this world, so we need to have backup plans, we should diversify our retirement assets with assets other than bitcoin.

Right now, I don't think about accumulating wealth for old age because I have a lot of things to take care of, and I think it's still relatively early to think about that. But I plan when I start, bitcoin will make up 40% of my retirement savings account, I think that's safe for me.

[|MINER|]

In the current state of the banking sector, it would actually be a good idea to add bitcoin to your retirement savings. So considering this aspect, I will also add Bitcoin to my retirement savings. Because the current Fiat currency is slowly going as the inflation is going. Moreover, if we consider today, a person will get his financial freedom in Bitcoin which is not available in banking sectors. Moreover, Bitcoin will not see inflation as its price will continue to increase as the days go by, so it would be wise to follow the DCA strategy and add Bitcoin to your retirement savings.

[JayTrain]

I agree , as more people become aware of bitcoin and its potential benefits. The fact that Fidelity Investments is allowing investors to add cryptocurrencies to their 401(k) retirement accounts is a significant step towards mainstream adoption. As for the question of whether to add bitcoin to one's retirement savings, it ultimately depends on an individual's risk tolerance and investment goals. While some may see it as a high-risk investment, others may view it as a potential opportunity for growth.

[soramon]

Yes i would like add bitcoin to my retirement plan. But, i dont go all in to bitcoin maybe ill put 35% into it. I cant take high risk for my retirement plan so i play safe. We should consider inflation or incoming market crash or maybe war. So, always check your assets and prepare for anything.

[Smack That Ace]

In the current state of the banking sector, it would actually be a good idea to add bitcoin to your retirement savings. So considering this aspect, I will also add Bitcoin to my retirement savings. Because the current Fiat currency is slowly going as the inflation is going. Moreover, if we consider today, a person will get his financial freedom in Bitcoin which is not available in banking sectors. Moreover, Bitcoin will not see inflation as its price will continue to increase as the days go by, so it would be wise to follow the DCA strategy and add Bitcoin to your retirement savings.

Well, banking, fiat, and bitcoin... all have their pros and cons, they all have risks, and no one is perfect here. Don't forget that even without any proof to guarantee that bitcoin will continue to exist forever and increase in price in the future, bitcoin is still being evaluated as a very volatile and risky asset class. If you expect profits, then bitcoin is the best choice, but in terms of safety, it cannot be better than gold and real estate. My retirement savings also have bitcoin, but I diversify because I think the risk will always be there, and diversification helps me limit risk.

[Farma]

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.

[MoonOfLife]

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.

[Theones]

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.

It is worth reviewing this plan if you are not very wealthy and you need to risk something - either saving or your earning.
Sometimes it go to take the calculated risk and make the life easier.

[Cryptock]

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

[Theones]

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.

good points mentioned but how know the future - what if something more valuable comes in?
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.

[TimeTeller]

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.

good points mentioned but how know the future - what if something more valuable comes in?
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.

[JayTrain]

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.

[siniminomorocomunisakito]

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.

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.

[Semar Mesem]

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.

[Cryptock]

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.

[Theones]

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

[nesty]

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.

[YUriy1991]

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.

[freedomgo]

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.

[Davian144]

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.

[xSkylarx]

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.

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.

[uswa56]

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.

regardless of the current price but as we know that the price of Bitcoin moves very fast which allows everything to happen in a short time but this is a matter of adding Bitcoin for retirement savings which means saving for the future, and see what happens to the price of Bitcoin since a long time ago which has always been able to reach its highest price in several years even though the increases and decreases have occurred significantly, if you look at what happened in the past the price of Bitcoin has always been able to recover.
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.

[Bebe22]

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.

[dothebeats]

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.

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.

[Tony116]

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.

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.

[Haunebu]

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.

[letteredhub]

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?

Nothing I'll love like adding bitcoin as part of my retirement savings plan, addition to any other financial instruments that appreciates in value as years go by, unlike the fiat money that loses value more often than it gain.
This is a century where people like retirees are meant to have their savings into something that generates profitable returns after years of savings and bitcoin is that portfolio something fiat money have proven countless times a failure.

[Jawhead999]

Every satoshi I collected and accumulate since then until now will become my retirement saving, even I get paid in fiat, I will convert it to Bitcoin because I believe with the future. There's no point to hoard fiat for large amount because you will not make any money with that. Bitcoin is very liquid, I can convert it immediately to fiat in case I want to buy something expensive.

[bayu7adi]

When it comes to the question of whether Bitcoin and cryptocurrencies should find a place within one's pension fund, the answer is an affirmative nod. However, the extent of their inclusion is contingent upon each individual's peculiarities, as risk profiles vary substantially. Bitcoin and cryptocurrencies constitute assets fraught with elevated risk, especially when juxtaposed against stocks, gold, real estate, or bonds. Ergo, the determination of their proportion wields a pivotal influence over the mental well-being of each person.

Were you to inquire of me the percentage of funds that could be earmarked for cryptocurrency investments out of my entire retirement corpus, it might hover around the range of 25% to 30%, with a predominant share directed towards Bitcoin.

[Uruhara]

Every satoshi I collected and accumulate since then until now will become my retirement saving, even I get paid in fiat, I will convert it to Bitcoin because I believe with the future. There's no point to hoard fiat for large amount because you will not make any money with that. Bitcoin is very liquid, I can convert it immediately to fiat in case I want to buy something expensive.

So true. I also think that adding bitcoin to our retirement savings is a pretty wise move. As long as what we keep is within normal limits or within limits that we can bear the risk. Because setting up funds for retirement is better to spread in several different investments. And one of them is bitcoin and some of it can also be in real estate or something that can generate passive income in the future when you retire. I have also started setting aside bitcoin little by little to be stored in a special wallet for long-term investments, namely for the future and retirement.

[Japinat]

Why not? It’s proven to be a profitable long-term investment so I believe it can be worth our money and time especially if its price will keep breaking a new all time high which means our investment will turn out to be 10x or 20x profitable too. However, we should always stick to the basic rule when investing, always invest money that you can only afford to lose. Bitcoin is a profitable asset, but we can’t guarantee if it’s still be the same 10 or 20 years from now so its safe to invest with caution.

[Abu-Naim]

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.

A fantastic option that will also help your retirement savings is to invest a portion of your monthly salary in bitcoin.

If you started investing in bitcoin before retiring, you might not need your pension again because the value of your bitcoin investments may have increased to the point where you can start making enough money to operate your own business after retiring. This generally suggests that enhancing your retirement savings with bitcoin is a good idea.

[ancafe]

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.

I'm not the type of person who likes to fish in one pond because the more ponds we go to, the bigger it will be to get lots of fish. Bitcoin is a major plan as an investment move, but so far I haven't considered retirement savings because whenever bitcoin reaches ATH I will always intend to sell it. I also plan to make bitcoin savings as a retirement step in the future, but also intend to buy land, gold, or real estate.

The problem is that until now the availability of capital has become an obstacle, forcing us to choose one with more potential and for that reason I prefer investing in bitcoin. When the financial resources that I have are strong, I plan to take the three steps that I mentioned above simultaneously, the goal is that we can collect many sources of income in carrying out various investments.

[Wimex]

The fact that Fidelity Investments is allowing investors to add cryptocurrency to their 401(k) accounts marks a major milestone in the adoption of Bitcoin as a legitimate asset. As for whether I would add Bitcoin to my retirement portfolio, I am serious. a resounding YES, seeing its global adoption, I see it as a positive sign for its future value, besides that I have always liked the idea of owning Bitcoin, I would like to have at least 2 or 3 Bitcoins, it is a goal that I would like achieve. Now I feel that the proportion of Bitcoin that someone would consider adding to their retirement portfolio is a highly personal decision and depends on several factors such as the amount of savings, overall financial situation and attitude towards risk… Some might opt for a small allocation, like 5% or 10%, as a way to diversify your portfolio without exposing yourself too much to the volatile risk of Bitcoin… Others of me might be bolder and consider larger allocations.

[Mr.suevie]

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.

Saving money in fiat currency will currently depreciate over time because of the value of that money and it would be very hard achieved what the power of that money saved would have done a few years back from the original time you saved it. Where as if the money is BTC and I don't want to say crypto because that's a totally different case altogether, I rather prefer BTC saving and if the savings is actually BTC then we will be greatful to the value it has turned out after the initial saving time

[rikybrosh]

After many things that I experience with bitcoin, I think it will be good if I have some btc in my saving in my retirement. only saving fiat will only reduce the value of money that I have. when we old we will not be able to do something as much as we young. I think btc also the good choice fo this.

[xSkylarx]

Why not? It’s proven to be a profitable long-term investment so I believe it can be worth our money and time especially if its price will keep breaking a new all time high which means our investment will turn out to be 10x or 20x profitable too. However, we should always stick to the basic rule when investing, always invest money that you can only afford to lose. Bitcoin is a profitable asset, but we can’t guarantee if it’s still be the same 10 or 20 years from now so its safe to invest with caution.

You are right, don't be blindly thinking that your money will grow about 10x and you'll go all in, in which we know that the risk of losing it is high, so it's still preferred that some of your retirement savings go to Bitcoin and others are in the bank, no matter how much they depreciate in value, so that you can still have a fallback just in case. Also, it is better to make sure your security is good, mostly when you hold Bitcoin, and be up-to date on the news on Bitcoin, as for sure there are new innovations throughout that time.

[dothebeats]

Why not? It’s proven to be a profitable long-term investment so I believe it can be worth our money and time especially if its price will keep breaking a new all time high which means our investment will turn out to be 10x or 20x profitable too. However, we should always stick to the basic rule when investing, always invest money that you can only afford to lose. Bitcoin is a profitable asset, but we can’t guarantee if it’s still be the same 10 or 20 years from now so its safe to invest with caution.

You are right, don't be blindly thinking that your money will grow about 10x and you'll go all in, in which we know that the risk of losing it is high, so it's still preferred that some of your retirement savings go to Bitcoin and others are in the bank, no matter how much they depreciate in value, so that you can still have a fallback just in case. Also, it is better to make sure your security is good, mostly when you hold Bitcoin, and be up-to date on the news on Bitcoin, as for sure there are new innovations throughout that time.

This is true, and a safe and secure way to ensure that there is money to be saved in both aspects. It will be hard and too risky if we only rely on Bitcoin for our retirement savings as the growth of the profit is not guaranteed, same goes with the bank as banks can always file for bankruptcy if things go for the worst. Hence, having both can increase the guarantee that you will have savings.

[Farma]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

[Bushdark]

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.

Honestly I think Bitcoin will be a good option since our normal fiat currency keep depreciating in price and the high inflation has make things to be worse than what we expected. This is going to based on a 50/50 so that even though Bitcoin fall in price, I can still depend on  half of my pension to do some things withe fund.

Also one cam be very lucky to have invested in Bitcoin when the price was still down then getting your pension when the price if Bitcoin is skyrocketing. In this case, it all depend on luck and the nature of the market. If the price of Bitcoin is down, then we are going to wait for the price of Bitcoin to go up no matter how long it is going to take us before we sell the Bitcoin holding and earning from the market.

[gunhell16]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

I understand what you mean dude, but of course that's your assumption because if I were in that situation I would have retired from a company I worked for a long time and if I had a deep understanding of Bitcoin there would be no reason why I wouldn't invest in it.

But of course 50% that I will get from my retirement fee I will not think twice to put it in Bitcoin and I will sell it when the bull run comes if the price value is more than 100k$ or more, I will do that simply because for me it is like a mutual fund thoguh it is not,  This is just for my perception and I don't know about others.

[Crypto Library]

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?

Fiat money always depreciates in value so it is important to invest money in something that can give us a good quality return every year instead of fiat money for retirement. Like Gold, Land, Stock Market, Bitcoin etc. In all cases it is better to use DCA method as it always minimizes profit/loss. Bitcoin can be a good medium for reinvestment savings, but it is not advisable to keep 100% of the money only in Bitcoin.  25% Bitcoin, 20% Gold, 20% Land, 15% Stock Market Investment and 20% Bank Savings If we divide our total assets into different sectors it will serve us very well in our retirement.

[DeathAngel]

BTC is my retirement savings. It is the best performing asset of the last 10 years. It would he negligent not to allocate some of your money to bitcoin. I don’t see BTC slowing down in adoption so please, protect yours & your families wealth by investing a % of your wealth in BTC.

[Coin_trader]

However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

I’m committed to invest on Bitcoin long term through holding collectibles such as casascius and other physical coins that is loaded with Bitcoin. This way, It will be very hard for me to redeem the Bitcoin inside since there’s a premium value on the coin itself if the hologram is not yet peeled.

I am decided to use Bitcoin as retirement savings due to its price potential to grow more in the future and at the same time my collectible value might grow more due to its possible demand in the future from collectors.

[Fakhrulenclix]

However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

I’m committed to invest on Bitcoin long term through holding collectibles such as casascius and other physical coins that is loaded with Bitcoin. This way, It will be very hard for me to redeem the Bitcoin inside since there’s a premium value on the coin itself if the hologram is not yet peeled.

I am decided to use Bitcoin as retirement savings due to its price potential to grow more in the future and at the same time my collectible value might grow more due to its possible demand in the future from collectors.

It's a good plan, I also plan to do so because I also believe that the price of Bitcoin will continue to increase in the future.
if someone already believes the price of Bitcoin will develop in the future of course adding Bitcoin as retirement savings is a very appropriate thing and even that will be very profitable, but what must also be remembered is the risk, because everything that has the possibility of profit will be proportional to the risk which exists.

[Uruhara]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

Well if we put all the savings prepared for retirement only into bitcoin then of course that's not the right step. Because in retirement, we will actually need Passive income more, which will continue to flow into our wallets even though we are no longer working. So of course owning real estate and property is the best. But still, we also need to think about managing some of our money to be set aside and put in decent investments like bitcoin. And yeah everything you said is true. And in essence we should not put all our assets and preparations such as our savings and investments into one basket. We have to share it wisely.

[Marykeller]

I am sure that am going to have bitcoin as my retirement saving but what I am also not sure that I won't do is let a third party like the bank take custody of my bitcoin. I would either prefer to have my bitcoin on an un-custodian wallet where I will decide what to do with my bitcoin than handing over to a bank that can use my bitcoin saving for their benefit since they have the belief that bitcoin would last for a long time. They can be trading on bitcoin during the bull run and bear market without my concept and be having the profits for themselves without my knowledge since am saving my bitcoin for retirement.

I would prefer to rather have my Bitcoin retirement saving controlled by me than allow a third party to do that for me. This will make me possibly decide when to withdraw my retirement savings in Bitcoin anytime I want to and get the profits to myself alone

[Smartvirus]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.

I don't quite get you,
Is that to say the value attached to fiat stays stagnant or same all year round or through time?
If that be the case then, what is inflation?

Fait money makes mo difference with bitcoin savings. In fact, your at advantage to have some of your retirement savings stored away in some bitcoin holdings. Though the volatility would be there, which is by measure an upward to the bulls price appreciation or a downward price movement towards the bears.
Your always subject to choose how to spend your hodlings either by hodling till the bulls come in or you spend just a needed amount while leaving some out for price to push back up and you gain in on your loses.

The question here is, retirement is often tagged at about 60years of age for civil servants although, it might not have a defined age limit for other fields but then, if we were to go by that or even older,
Will some users be able to work there wallets, exchanges and what have you in the cryptospace?

It's just something one has go tell himself though.

[blockman]

BTC is my retirement savings. It is the best performing asset of the last 10 years. It would he negligent not to allocate some of your money to bitcoin. I don’t see BTC slowing down in adoption so please, protect yours & your families wealth by investing a % of your wealth in BTC.

I see the keyword, family. We don't have much wealth but this is Bitcoin that is what I own and sure someday that this is going to be the description of it.
It's true that Bitcoin has been the performing asset in the entire history and people still neglect its performance and how it's coping up with trends and the potential of it in the future.
While we're talking about investments, our future with Bitcoin. Those people that are still skeptic about it are going to miss the lifetime opportunity that's already known to them because they're neglecting and ignoring it.

[xSkylarx]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

Well if we put all the savings prepared for retirement only into bitcoin then of course that's not the right step. Because in retirement, we will actually need Passive income more, which will continue to flow into our wallets even though we are no longer working. So of course owning real estate and property is the best. But still, we also need to think about managing some of our money to be set aside and put in decent investments like bitcoin. And yeah everything you said is true. And in essence we should not put all our assets and preparations such as our savings and investments into one basket. We have to share it wisely.

We should find a somewhat passive income because, for sure, we are already old and we don't want to work hard, as that is really the time that you'll have fun as you work your entire life for that savings, but putting it in one basket is really a problem as it is possible you'll lose it in case Bitcoin drops. Just put a certain amount of it in a rental account, and that rental idea is good. Find another source of income, like business, and don't forget to enjoy life and spend what you've been saving to enjoy your retirement.

[blckhawk]

BTC is my retirement savings. It is the best performing asset of the last 10 years. It would he negligent not to allocate some of your money to bitcoin. I don’t see BTC slowing down in adoption so please, protect yours & your families wealth by investing a % of your wealth in BTC.

The only reason why I am working my 9 to 5 job and getting overtimes if I can is because I am trying to accumulate as much bitcoin as I can before another bullrun when the halving happens. I have already accumulated a fair amount so I am taking it easy now. I would also like to add that it's in your best interest to not just save up everything in bitcoin, set aside some money for yourself, make sure that your needs are taken care of, better off spending now than spending later with you having to pull out some of your bitcoin savings. If I can further my career, hopefully I can set up multiple retirement insurances for myself, don't want to burden my child with having to help me in my spending when I get old you know.

[YUriy1991]

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 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.

Maybe that's all that can be seen from me if you refer to the title of your post above.

[landheer]

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.

[bestcoins1]

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.

[khiholangkang]

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.

[dothebeats]

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.

Bitcoin as an investment is good but like you said there are risks, but if you are already planning that when you get old then I'm sure you are already more than aware of those risks. And with that you should also be aware that having btc as your only source of income when you retire is a big no and should be accompanied by other more stable assets and investments. Good work on the gold investment btw, a good move from you.

[slapper]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

For retirement, your savings should be quite strong; you don't want to be 65 years old, shake your piggy bank, and find nothing. But let's be clear about one thing: Bitcoin is real

Keeping Bitcoin does not turn it into a risky investment. Seeing things that way makes everything seem like a gamble. Do you recall those who advised against investing in that independent business or that new tech stock? Suddenly, what? Profits took off? For you, that's Bitcoin

Property and reliable businesses? They are not without their traps. All things do. However, if you're serious about feeling like a retiree, think considering diversifying. Shake things up. Invest some in enterprises, some in real estate, and some in Bitcoin. In this manner, you'll cover all your bases

[usekevin]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

We should use the different option instead of saying no to the bitcoin.I had other plans,I will keep the bitcoin for the retirement.When the market seems bitcoin will no longer available and it will be closed from the market.I will immediately cash out the money from the bitcoin and deposit the same money to the bank.So I will not get affected even if the bitcoin get into their at my old ages.We will support the bitcoin till it survive in the market.So bitcoin will be the better option for the retirement once you follow my steps.

[coinerer]

I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.

We should use the different option instead of saying no to the bitcoin.I had other plans,I will keep the bitcoin for the retirement.When the market seems bitcoin will no longer available and it will be closed from the market.I will immediately cash out the money from the bitcoin and deposit the same money to the bank.So I will not get affected even if the bitcoin get into their at my old ages.We will support the bitcoin till it survive in the market.So bitcoin will be the better option for the retirement once you follow my steps.

Your plan is called a trading strategy. this is not called savings. This is called savings only when you don't sell the bitcoins until your retirement starts. and during your retirement sell those bitcoins to cover your daily expenses. Holding only Bitcoin for retirement is risky because its price is not stable. again it can be very profitable as its price is constantly increasing. So, after analyzing all this, one should think about which assets should be used to save for retirement.

[Odusko]

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 indeed the best among other assets in it class,  and for one significant fact fhat Bitcoin have an edge against inflation makes Bitcoin the best possible asset for long term goal such as retirement,  and also for the fact that having your retirement funds in Bitcoin keep your asset away from over taxation also contribute to the many success that comes with Bitcoin as retirement savings.

Since retirement has to come with long-term goals,  it makes Bitcoin more suitable for that demand since Bitcoin's value and profitability are reflected in the long-term base.

[romero121]

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 indeed the best among other assets in it class,  and for one significant fact fhat Bitcoin have an edge against inflation makes Bitcoin the best possible asset for long term goal such as retirement,  and also for the fact that having your retirement funds in Bitcoin keep your asset away from over taxation also contribute to the many success that comes with Bitcoin as retirement savings.

Since retirement has to come with long-term goals,  it makes Bitcoin more suitable for that demand since Bitcoin's value and profitability are reflected in the long-term base.

This is a proven fact, bitcoin is against inflation. Bitcoin investment needs to be considered long term, not everyone have got the patience and it is the only investment that assure large margin based the time of holding. The inflation around the world have affected the lifestyle of people, particularly the people in retirement. They've got scheduled spending and those are unavailable. Due to inflation this is now a question. In such situation bitcoin on retirement fund will surely help in better living support.

[Pilgrimazra]

Bitcoin a potential crypto and a promising future asset. I wouldn't want to go for Bitcoin because it fluctuates and in most African countries not yet stable. I would rather accept a fixed deposit than the Bitcoin.
Matter of time and Bitcoin would be consider more appropriate for that.

[fauzan Ichsan]

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 indeed the best among other assets in it class,  and for one significant fact fhat Bitcoin have an edge against inflation makes Bitcoin the best possible asset for long term goal such as retirement,  and also for the fact that having your retirement funds in Bitcoin keep your asset away from over taxation also contribute to the many success that comes with Bitcoin as retirement savings.

Since retirement has to come with long-term goals,  it makes Bitcoin more suitable for that demand since Bitcoin's value and profitability are reflected in the long-term base.

This is a proven fact, bitcoin is against inflation. Bitcoin investment needs to be considered long term, not everyone have got the patience and it is the only investment that assure large margin based the time of holding. The inflation around the world have affected the lifestyle of people, particularly the people in retirement. They've got scheduled spending and those are unavailable. Due to inflation this is now a question. In such situation bitcoin on retirement fund will surely help in better living support.

lucky that now we know bitcoin, especially in a bearish season like today, of course it's a good price to invest, so that later when mass adoption grows, of course this will make the value of bitcoin go up, especially like I'm a private employee, where there is no retirement from the company, even whenever you can get out of work, with bitcoin and there is still a lack of bitcoiners in the world, it is a great opportunity to join in

[salad daging]

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 indeed the best among other assets in it class,  and for one significant fact fhat Bitcoin have an edge against inflation makes Bitcoin the best possible asset for long term goal such as retirement,  and also for the fact that having your retirement funds in Bitcoin keep your asset away from over taxation also contribute to the many success that comes with Bitcoin as retirement savings.

Since retirement has to come with long-term goals,  it makes Bitcoin more suitable for that demand since Bitcoin's value and profitability are reflected in the long-term base.

Not everyone will accept bitcoin as their retirement fund, so understanding the volatility, fluctuations and market movements should be fundamental to them.
The current generation will probably choose bitcoin as their retirement asset this can be seen from some interest that is so much, now indeed many people have been literate towards fiat which continues to erode inflation every year, think back to how we started this plan on bitcoin as a pensioner later?

I am planning something similar where I will continue to put a little bit of bitcoin for the old days, this is quite reliable than fiat which continues to decline in value.

[Lorence.xD]

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 indeed the best among other assets in it class,  and for one significant fact fhat Bitcoin have an edge against inflation makes Bitcoin the best possible asset for long term goal such as retirement,  and also for the fact that having your retirement funds in Bitcoin keep your asset away from over taxation also contribute to the many success that comes with Bitcoin as retirement savings.

Since retirement has to come with long-term goals,  it makes Bitcoin more suitable for that demand since Bitcoin's value and profitability are reflected in the long-term base.

Not everyone will accept bitcoin as their retirement fund, so understanding the volatility, fluctuations and market movements should be fundamental to them.
The current generation will probably choose bitcoin as their retirement asset this can be seen from some interest that is so much, now indeed many people have been literate towards fiat which continues to erode inflation every year, think back to how we started this plan on bitcoin as a pensioner later?

I am planning something similar where I will continue to put a little bit of bitcoin for the old days, this is quite reliable than fiat which continues to decline in value.

I think it would only be applicable to those people who's already trading or investing in crypto industry for a long time like the current generation as you said. Because not only that they already have the idea but the fact that they are already familiarize and know what to do with Bitcoin. Unlike to those people who will retire and would need to study Bitcoin because why would you choose Bitcoin as your retirement plan if you don't even have any idea about it right? I think if they might not use it as a retirement plan but as an investment instead. Because mostly on retiring people are already at age 60+ (here in my country) so they might not have the time to study and learn Bitcoin.

[erep]

lucky that now we know bitcoin, especially in a bearish season like today, of course it's a good price to invest, so that later when mass adoption grows, of course this will make the value of bitcoin go up, especially like I'm a private employee, where there is no retirement from the company, even whenever you can get out of work, with bitcoin and there is still a lack of bitcoiners in the world, it is a great opportunity to join in

The price of bitcoin during bearish season is still relatively expensive even though the price is -50% from the previous ATH price, I just remember to be careful investing crypto from pension funds and make sure they know the risks before investing, they should diversify the pension fund to some other investments for gold, property and another investment for long term passive profit, I would allocate 30-40% for crypto investment.

A pension fund is the last salary given by the company in appreciation of your work, usually someone who has retired has no savings other than a pension fund, so you have to be wiser in financial management when making decisions to choose long-term investments.

[Flexystar]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

[WatChe]

Not everyone will accept bitcoin as their retirement fund, so understanding the volatility, fluctuations and market movements should be fundamental to them.
The current generation will probably choose bitcoin as their retirement asset this can be seen from some interest that is so much, now indeed many people have been literate towards fiat which continues to erode inflation every year, think back to how we started this plan on bitcoin as a pensioner later?

I am planning something similar where I will continue to put a little bit of bitcoin for the old days, this is quite reliable than fiat which continues to decline in value.

At the age of retirement everyone needs a return that is free from volatility since we are not young by that age to invest or earn profits. The reason why bitcoin doesn't fit in retirement savings is its volatile nature and your investment may hang up for an indefinite period of time. At the moment it's best not to risk such critical investment into bitcoin. Better put extra cash into bitcoin in DCA manner.

[marcous]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

It is true that in the future every country will be more lenient with their regulations regarding Bitcoin, of course there will be many countries that will use it as a medium of exchange. I wanted the same thing you said, buying it today and keeping it in retirement savings is a great idea.

However, we must continue to control the market to get the latest updates on price developments in real time. It will be interesting in retirement, working leisurely and reaping significant benefits from today's hard work.

[Aanuoluwatofunmi]

If I have the opportunity while not go ahead, retirement is what we should have budget for and plan adequately, we are not only meant to continue spending from our retirement funds without having an additional income over it through an investment and such secured means is what we can achieve with bitcoin, when we invest our retirement fund in bitcoin it turns a profitable asset, the more we don't take from it the more the investment is liable to earn us some income over time since bitcoin is a profitable investment when we hold.

[Hamphser]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

It is true that in the future every country will be more lenient with their regulations regarding Bitcoin, of course there will be many countries that will use it as a medium of exchange. I wanted the same thing you said, buying it today and keeping it in retirement savings is a great idea.

However, we must continue to control the market to get the latest updates on price developments in real time. It will be interesting in retirement, working leisurely and reaping significant benefits from today's hard work.

Better to diversify on which you wont really be that just focusing on holding or having or accumulating Bitcoin but also you should really be still that minding about diversification on other investment on which it would

really be just that normal to have that kind of mindset or goal because establishing several numbers of investment or business would really be giving out that kind of chance on which you could really be able to
have no problems in the future on the time that you would be retiring or having no job or on the time that you do get old. You wont really be experiencing any financial hardship just because youve come prepared for such stuff.Doesnt matter whether you are accumulating Bitcoin, having real estate business, having that stocks or indices or whatever that comes with having that appreciating value.

This is why the more the better so that you wont really be minding much about your future, we are getting old and we cant totally rely with our children and its only you and your wife would be the only one
would really be left and would be living until the end. This is why its better not to make yourself put into a condition where you dont able to establish something.

[Cling18]

I'm too far from retirement age but as early as possible, I'm already saving and investing Bitcoin for the future. We have seen how Bitcoin could be profitable and we all know how it could change lives and give financial freedom in the future so as early as we can, we should grab the chance to invest on it.
It should actually be a part of our retirement plan in the future so if unexpected things happen in the future, we can still survive and we'll still have something to leave for our loved ones.
Aside from other investment, we should prioritize buying Bitcoin and must set it as part of our lifetime goals as we will benefit from it in the long run.

[mirakal]

Bitcoin is indeed highly profitable at the moment so this is also one of my dreams to invest in bitcoin and make it as a retirement investment. But I’m also aware that despite of its high chances to make profits, the rate to easily lose your money is also high knowing bitcoin will always be a high risk asset and whoever invest in it without previous knowledge and experience will find it hard to reap its profits in the future. However, if you do your own diligence to research first before you invest, and understand the risk behind it, surely investing with caution will also create some positive results in the future.

[serjent05]

In an ever-increasing value commodity and cryptocurrency, it is a no-brainer to add Bitcoin to our retirement savings.  Thinking of the plan if set put 10 years prior to our retirement, accumulating Bitcoin within that long years can give us a high return assuming Bitcoin will continue to break its all-time high.  It also saves the purchasing power of the money if put elsewhere.

Bitcoin is indeed highly profitable at the moment so this is also one of my dreams to invest in bitcoin and make it as a retirement investment. But I’m also aware that despite of its high chances to make profits, the rate to easily lose your money is also high knowing bitcoin will always be a high risk asset and whoever invest in it without previous knowledge and experience will find it hard to reap its profits in the future. However, if you do your own diligence to research first before you invest, and understand the risk behind it, surely investing with caution will also create some positive results in the future.

Considering the flow of the Bitcoin market and news about Bitcoin, the increasing popularity and good projection of future adoption, I believe Bitcoin will continue to be profitable as long as the person knows when to sell his holdings.

[Uruhara]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

Correct. If we can see good potential for Bitcoin adoption in the future then of course saving bitcoin / investing bitcoin to be included in a retirement savings fund would be a pretty good idea. Because savings are of course only funds that we set aside, of course it doesn't contain too much risk. But of course, including bitcoin in our retirement savings does not mean we only save in bitcoins. But of course we also prepare in other ways for our retirement.

[xSkylarx]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

Correct. If we can see good potential for Bitcoin adoption in the future then of course saving bitcoin / investing bitcoin to be included in a retirement savings fund would be a pretty good idea. Because savings are of course only funds that we set aside, of course it doesn't contain too much risk. But of course, including bitcoin in our retirement savings does not mean we only save in bitcoins. But of course we also prepare in other ways for our retirement.

It has really good potential because, as you can see right now, a lot of people are investing in bitcoin and also keeping it for a long period of time, but that is called investing, not saving, because in saving there is no risk, meaning your money will not increase or decrease because that money is intended for something and you can't afford a risk. That is why others will invest using their savings because they can get a profit and it will not take them long before they achieve the certain value they want.

[ancafe]

Correct. If we can see good potential for Bitcoin adoption in the future then of course saving bitcoin / investing bitcoin to be included in a retirement savings fund would be a pretty good idea. Because savings are of course only funds that we set aside, of course it doesn't contain too much risk. But of course, including bitcoin in our retirement savings does not mean we only save in bitcoins. But of course we also prepare in other ways for our retirement.

The comparison between retirement funds that are used to save bitcoins or invest them will be much better than these funds used or stored in unproductive savings. Better yet, the pension fund is made a percentage to be placed in several places. For example, like investing in gold, bitcoin or other stocks that have potential in the future, at least if the more place (niches) we use, the greater the profit we will get.

And conversely I also suggest to anyone who uses a pension fund for several investment methods and the most important thing is that the pension fund should also be enjoyed by every individual. Don't get busy thinking about investing but in the end they can't enjoy it because they have to leave the world (die). Make a balance between investment and cost of needs and don't hold back on needs but force yourself to invest because if it is done in my opinion it is also not quite right.

[bayu7adi]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

I'm genuinely enamored by the optimistic perspective that Bitcoin is poised to become a ubiquitous presence in the future. While my confidence might not be skyscraper-high at this moment, it's undeniable that Bitcoin is still in its youthful stages. The potential for its widespread acceptance is a ticking time bomb of possibilities, primed to explode at any moment.

Yet, in my humble view, the allure of investing in Bitcoin truly shines when it's amid a seismic shift toward mass adoption – a grand event that I believe is destined to unfold in less than three decades.

I hold onto my stash of Bitcoin, preferring to revel in the element of surprise that it might unveil, rather than fixating solely on the magnitude of gains that might accrue.

[Gozie51]

Considering the flow of the Bitcoin market and news about Bitcoin, the increasing popularity and good projection of future adoption, I believe Bitcoin will continue to be profitable as long as the person knows when to sell his holdings.

Bitcoin is a good assets for the future no doubt but while we are hodling it, we also have to look at the profit margin that has been made within the time and we can sell to reinvest when the price is going up again. Some people only want to keep btc in their wallet for years without taking note that they could sell and come back again hodling. However, regards to retirement savings, if we could diversify between btc and real estate investment, we are sure that the old age is going to be a financially secured one because at old age you can't have the strength to move around like you were during the youth age

[posi]

Considering the flow of the Bitcoin market and news about Bitcoin, the increasing popularity and good projection of future adoption, I believe Bitcoin will continue to be profitable as long as the person knows when to sell his holdings.

Bitcoin is a good assets for the future no doubt but while we are hodling it, we also have to look at the profit margin that has been made within the time and we can sell to reinvest when the price is going up again. Some people only want to keep btc in their wallet for years without taking note that they could sell and come back again hodling. However, regards to retirement savings, if we could diversify between btc and real estate investment, we are sure that the old age is going to be a financially secured one because at old age you can't have the strength to move around like you were during the youth age

Although bitcoin is really a good asset and I will definitely add it to my retirement. But I won't put all my retirement assets in bitcoin, I will diversify because nothing is absolutely safe and especially high yielding assets are also high risk. Real estate is something everyone aspires to but owning it is not easy so I think not everyone can afford it. Instead, I think we can also diversify into gold and other precious metals along with bitcoin.

[Jegileman]

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?

Bitcoin is not something you can do part-time that will provide you a quick return, because the price fluctuates, unless you are trading. I don't think some people will accept Bitcoin into their retirement plans because it is volatile, but if you have money that you can afford to lose, you can invest it. As for me, I would like to invest in Bitcoin because I trust it and am willing to risk my money on it. If you have a strong understanding of how he works, you can just invest the money for a lengthy period of time (two to three years) and I am confident you will profit.

[tjtonmoy]

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?

I think it will be wise to put it into Bitcoin. Because savings does not grow your money, investment does. And Bitcoin will be less risky compared to other investments if you consider it to be a long-term investment plan. I think I will put between 20%-50% in Bitcoin for my retirement savings. Bitcoin is not accepted everywhere and sometimes in emergency situations we are required with fiat money. In order to be on the safe side during those situations, we need to keep some money in hand as fiat money. You will get the best of both worlds that way.

And putting all in one go into Bitcoin will not be the best choice as the market is volatile. I will consider choosing DCA rather than putting it all in one go. That way I can make sure that my savings are not affected by volatility that much. Hodl for long and from the saving, I can make profits in the long run.

[bestcoins1]

It is true that in the future every country will be more lenient with their regulations regarding Bitcoin, of course there will be many countries that will use it as a medium of exchange. I wanted the same thing you said, buying it today and keeping it in retirement savings is a great idea.

It would be even better if in the future there could be more and more countries willing to make regulations relaxed on the use of Bitcoin, because this can really help parents who want to save their assets in the form of Bitcoin by considering this as a savings fund for their retirement. But the best thing at this point is that they should be able to make incremental purchases of Bitcoin if they want to keep it as retirement savings before bigger price swings happen to Bitcoin.

However, we must continue to control the market to get the latest updates on price developments in real time. It will be interesting in retirement, working leisurely and reaping significant benefits from today's hard work.

Monitoring and controlling prices in the market is indeed very important for those who buy to store large amounts, although it would be much better if everyone who wants to keep Bitcoin would buy at the current price without making more considerations because they are not aiming to sell at short time. So there is no need to monitor and control prices in the market for longer if you already have some money to convert into Bitcoin.

[GigaBit]

Ever since the discovery of Bitcoin, people have been endlessly interested in it. Day by day people are gaining better idea about Bitcoin. Due to which people's trust in Bitcoin is increasing. Nowadays the use of Bitcoin has increased greatly in every country of the world so people are now showing interest in Bitcoin investment. High return of investing in Bitcoin over long term is now the most popular investment medium for people of all walks of life. Bitcoin is a boon for those who are employed or those looking for a reliable financial system for retirement. They may think of Bitcoin as a safe way to store money. This can be a golden opportunity especially for those who want to store bitcoins using the DCA method.

[qwertyup23]

Considering the flow of the Bitcoin market and news about Bitcoin, the increasing popularity and good projection of future adoption, I believe Bitcoin will continue to be profitable as long as the person knows when to sell his holdings.

Bitcoin is a good assets for the future no doubt but while we are hodling it, we also have to look at the profit margin that has been made within the time and we can sell to reinvest when the price is going up again. Some people only want to keep btc in their wallet for years without taking note that they could sell and come back again hodling. However, regards to retirement savings, if we could diversify between btc and real estate investment, we are sure that the old age is going to be a financially secured one because at old age you can't have the strength to move around like you were during the youth age

I would have actually consider adding BTC as my retirement savings but I would be missing a lot during its phases in the market.

Remember that BTC has this phase of experiencing forks, where the mined bitcoins are halved resulting to a massive increase of its price in the market. Not to mention, its volatility makes it a perfect investment for short/long-term depending on the price increase on the market. If I were to fully adopt BTC as my retirement savings, I would be making a commitment of not using/utilizing its potential for short-term gain.

While this may be the case, I would still consider it adding as a portion of my retirement savings for my heirs to benefit in the future should they wish to continue and use it.

[YUriy1991]

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.

Yes, as you said, there are still many people who want to invest in Bitcoin for various reasons and Crypto as a Future Investment with BTC as the leader.

Well, the latest development now, if I'm not mistaken, in several countries, for example New York, which is one of the states of the United States, has gone a lot in this direction with the highest adoption of crypto where 19% of the population already own crypto.

[khiholangkang]

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.

Yes, as you said, there are still many people who want to invest in Bitcoin for various reasons and Crypto as a Future Investment with BTC as the leader.

Well, the latest development now, if I'm not mistaken, in several countries, for example New York, which is one of the states of the United States, has gone a lot in this direction with the highest adoption of crypto where 19% of the population already own crypto.

But talking crypto doesn't mean talking bitcoin, 19% of adoption is indeed a good growth but we don't know what percentage is purely investing their money in bitcoin, I don't think that's clean data on bitcoin adoption.
But I hope that people who make purchases from altcoins will wake up and switch to bitcoin, in fact bitcoin is like the sun that gives life and will never go extinct, even though it is attacked a lot, but this awareness is very difficult, humans will realize where they are having difficulties , hopefully they are aware of bitcoin before their regrets come in old age.

[isaac_clarke22]

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?

Bitcoin is not something you can do part-time that will provide you a quick return, because the price fluctuates, unless you are trading. I don't think some people will accept Bitcoin into their retirement plans because it is volatile, but if you have money that you can afford to lose, you can invest it. As for me, I would like to invest in Bitcoin because I trust it and am willing to risk my money on it. If you have a strong understanding of how he works, you can just invest the money for a lengthy period of time (two to three years) and I am confident you will profit.

Well technically you could still do Bitcoin as part-time, maybe not just that "quick return" part. I do partially sell my Bitcoin that aren't up for hodling whenever the market is like that usual "gaining" that I don't need to explain further anyway. Call that trading or nah whenever people wanted.

Depending on each individual on how they need their money, they might consider it a retirement fund but not purely 100% for obvious volatility issues. I might consider it yet a retirement plan but not really 100% sure with that yet.

[Uruhara]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

Correct. If we can see good potential for Bitcoin adoption in the future then of course saving bitcoin / investing bitcoin to be included in a retirement savings fund would be a pretty good idea. Because savings are of course only funds that we set aside, of course it doesn't contain too much risk. But of course, including bitcoin in our retirement savings does not mean we only save in bitcoins. But of course we also prepare in other ways for our retirement.

It has really good potential because, as you can see right now, a lot of people are investing in bitcoin and also keeping it for a long period of time, but that is called investing, not saving, because in saving there is no risk, meaning your money will not increase or decrease because that money is intended for something and you can't afford a risk. That is why others will invest using their savings because they can get a profit and it will not take them long before they achieve the certain value they want.

Well, it's true that this is more suitable to be called an investment rather than a savings. Because saving bitcoins in the long term has both potential and risk. And what those of us who hold bitcoin currently hope for is of course a lot of profit in the future. Sometimes it's hard to believe that the value of bitcoin will continue to increase from time to time for those who haven't seen the history of the journey of bitcoin prices. But after we study the history of bitcoin prices from year to year, we will be more confident about investing in Bitcoin, including if it is to be stored until we retire later. Even people who invested in bitcoin at the beginning of 2023, today they already have quite a lot of returns, even more profits than investing in the stock sector at this time.

[Pierre 2]

We don't exactly have same retirement schemes like Americans do. But I would definitely include Bitcoin to my retirement portfolio. I wouldn't go like %50 its very dangerous in my opinion because I would be old person so I wouldn't be able to afford huge potential losses. But something like %5 is pretty acceptable I think. It can make me extra amount of income that I would feel like promotion. Bitcoin is lovely asset/currency to have in all kinds of portfolios.

[slapper]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

Correct. If we can see good potential for Bitcoin adoption in the future then of course saving bitcoin / investing bitcoin to be included in a retirement savings fund would be a pretty good idea. Because savings are of course only funds that we set aside, of course it doesn't contain too much risk. But of course, including bitcoin in our retirement savings does not mean we only save in bitcoins. But of course we also prepare in other ways for our retirement.

It has really good potential because, as you can see right now, a lot of people are investing in bitcoin and also keeping it for a long period of time, but that is called investing, not saving, because in saving there is no risk, meaning your money will not increase or decrease because that money is intended for something and you can't afford a risk. That is why others will invest using their savings because they can get a profit and it will not take them long before they achieve the certain value they want.

Well, it's true that this is more suitable to be called an investment rather than a savings. Because saving bitcoins in the long term has both potential and risk. And what those of us who hold bitcoin currently hope for is of course a lot of profit in the future. Sometimes it's hard to believe that the value of bitcoin will continue to increase from time to time for those who haven't seen the history of the journey of bitcoin prices. But after we study the history of bitcoin prices from year to year, we will be more confident about investing in Bitcoin, including if it is to be stored until we retire later. Even people who invested in bitcoin at the beginning of 2023, today they already have quite a lot of returns, even more profits than investing in the stock sector at this time.

so you're an expert now after merely glancing at the historical charts? Please  If predicting the future of investments were that simple, we'd all be millionaires lounging on our private islands. Get real

Believing in the infallibility of Bitcoin based on a brief history is like thinking you understand the vast complexities of global economies because you've read a few articles. There are so many variables at play here. Regulations, technological disruptions, global financial crises - any of these can disrupt the trajectory of Bitcoin

Those who invested earlier this year and reaped the benefits? Good for them. But recall: the stock market and the crypto market are two very different beasts. What's thriving today might just be the tragedy of tomorrow. Being overconfident without understanding the intricacies is a recipe for disaster!

[kawetsriyanto]

Although bitcoin is really a good asset and I will definitely add it to my retirement. But I won't put all my retirement assets in bitcoin, I will diversify because nothing is absolutely safe and especially high yielding assets are also high risk. Real estate is something everyone aspires to but owning it is not easy so I think not everyone can afford it. Instead, I think we can also diversify into gold and other precious metals along with bitcoin.

Yup. Bitcoin offers potential big profits but it is also a high risk investment. We can't rely our future to a single high risk investment, we need other investments. I personally will also never put all my investment on Bitcoin only. I will diversify my investments on Lands, Gold, or other investment with lower risks. We must be wise to plan our retirement assets, don't put all of them on a high risk investment. We must think that sometimes we need urgent fresh money, so we must have assets that prices can be quite stable.

[Mahanton]

It does sound like a good plan because by the time I am gonna be retired I am sure major changes will be done in the Bitcoin adoption. It’s gonna be around 36 years from now that is huge period of mega adoption of the Bitcoin. On the other hand I am already used to buying and holding my bitcoin since couple of years now and I am doing great as sticky holder. I think by the time I reach a decade or something I would be in good position. This will definitely help me a lot during my retirement. One thing I will have lot of bitcoins and second thing the world would be way more friendlier to Bitcoin than the current timeline. So yeah I am up for this idea.

Correct. If we can see good potential for Bitcoin adoption in the future then of course saving bitcoin / investing bitcoin to be included in a retirement savings fund would be a pretty good idea. Because savings are of course only funds that we set aside, of course it doesn't contain too much risk. But of course, including bitcoin in our retirement savings does not mean we only save in bitcoins. But of course we also prepare in other ways for our retirement.

It has really good potential because, as you can see right now, a lot of people are investing in bitcoin and also keeping it for a long period of time, but that is called investing, not saving, because in saving there is no risk, meaning your money will not increase or decrease because that money is intended for something and you can't afford a risk. That is why others will invest using their savings because they can get a profit and it will not take them long before they achieve the certain value they want.

Well, it's true that this is more suitable to be called an investment rather than a savings. Because saving bitcoins in the long term has both potential and risk. And what those of us who hold bitcoin currently hope for is of course a lot of profit in the future. Sometimes it's hard to believe that the value of bitcoin will continue to increase from time to time for those who haven't seen the history of the journey of bitcoin prices. But after we study the history of bitcoin prices from year to year, we will be more confident about investing in Bitcoin, including if it is to be stored until we retire later. Even people who invested in bitcoin at the beginning of 2023, today they already have quite a lot of returns, even more profits than investing in the stock sector at this time.

You could actually divide things according into your preference which you would really be saving up some portion and you would really be trading up for some in short term. It doesnt matter whether you do have both things.In overall in speaking about retirement savings then i would really be that saving up fiat and Bitcoin at the same time but as much as possible on the time that i do still make out some salary then i would really be making out some investment and businesses. How much more if i do have able to get my retirement money? For sure it would really be applied on other investment as well and not really just that focusing on crypto
but also in other fields on which could really be able to make myself that having the potential on earning passively. Knowing that on the time that you do retire then there's no income flow and if you are that someone
who doesnt really mind that much about future things then most likely you would be ending up on having some trouble later on.

[edy_58]

Although bitcoin is really a good asset and I will definitely add it to my retirement. But I won't put all my retirement assets in bitcoin, I will diversify because nothing is absolutely safe and especially high yielding assets are also high risk. Real estate is something everyone aspires to but owning it is not easy so I think not everyone can afford it. Instead, I think we can also diversify into gold and other precious metals along with bitcoin.

Yup. Bitcoin offers potential big profits but it is also a high risk investment. We can't rely our future to a single high risk investment, we need other investments. I personally will also never put all my investment on Bitcoin only. I will diversify my investments on Lands, Gold, or other investment with lower risks. We must be wise to plan our retirement assets, don't put all of them on a high risk investment. We must think that sometimes we need urgent fresh money, so we must have assets that prices can be quite stable.

Choosing several types of investments is a good thing for those who make investments, of course it will be very profitable, if we only use all assets in one type of investment, this will be harmful to our assets, of course, this is not really what every investor wants. I think that in making an investment we need to leave our savings for unexpected needs, it is not good to invest all of our money so that we don't have money for unexpected needs.

[Sayeds56]

It is a noteworthy decision of Fidelity Investments to include Bitcoin in their retirement accounts. This positive development reflects the growing interest of reputable institutions to accept crypto currencies as a valid asset class within traditional investment instruments.

Certainly, incorporating Bitcoin in retirement plan is a personnel decision that should be carefully evaluated in light of inherent characteristic  of high volatility. From my perspective, I would lean toward including it in my plan due to its its potential to generate significant returns overtime.

[bitzizzix]

Although bitcoin is really a good asset and I will definitely add it to my retirement. But I won't put all my retirement assets in bitcoin, I will diversify because nothing is absolutely safe and especially high yielding assets are also high risk. Real estate is something everyone aspires to but owning it is not easy so I think not everyone can afford it. Instead, I think we can also diversify into gold and other precious metals along with bitcoin.

Yup. Bitcoin offers potential big profits but it is also a high risk investment. We can't rely our future to a single high risk investment, we need other investments. I personally will also never put all my investment on Bitcoin only. I will diversify my investments on Lands, Gold, or other investment with lower risks. We must be wise to plan our retirement assets, don't put all of them on a high risk investment. We must think that sometimes we need urgent fresh money, so we must have assets that prices can be quite stable.

I don't think this is because Bitcoin is high risk. But we can take advantage of the presence of bitcoin to make other investments is a wise choice. I mean, we can take advantage of Bitcoin's volatility in terms of profits to make other investments. As you mentioned, land, houses or other property that is not going to be lost in the long term or in the future will continue to increase in price over time and this is good for our old age.
And besides that it can be rented out for income every month and prices can also change according to developments, gold is also good for making funds immediately when we need it. So Bitcoin is very important to have, apart from for the future, Bitcoin can also help develop other investments.

[CryptoBuds]

Although bitcoin is really a good asset and I will definitely add it to my retirement. But I won't put all my retirement assets in bitcoin, I will diversify because nothing is absolutely safe and especially high yielding assets are also high risk. Real estate is something everyone aspires to but owning it is not easy so I think not everyone can afford it. Instead, I think we can also diversify into gold and other precious metals along with bitcoin.

Yup. Bitcoin offers potential big profits but it is also a high risk investment. We can't rely our future to a single high risk investment, we need other investments. I personally will also never put all my investment on Bitcoin only. I will diversify my investments on Lands, Gold, or other investment with lower risks. We must be wise to plan our retirement assets, don't put all of them on a high risk investment. We must think that sometimes we need urgent fresh money, so we must have assets that prices can be quite stable.

Choosing several types of investments is a good thing for those who make investments, of course it will be very profitable, if we only use all assets in one type of investment, this will be harmful to our assets, of course, this is not really what every investor wants. I think that in making an investment we need to leave our savings for unexpected needs, it is not good to invest all of our money so that we don't have money for unexpected needs.

You need to distinguish between investing and saving, it would be a big mistake to put all your money into investing without any savings for emergencies. Because whether it's bitcoin or real estate, there's always risk, there's no such thing as profitable without risk, and life is full of surprises.

Bitcoin is a really promising investment, I will also add it to my retirement assets and I agree with you guys, we need to diversify, not just focus on bitcoin, that's too risky.

[bayu7adi]

You need to distinguish between investing and saving, it would be a big mistake to put all your money into investing without any savings for emergencies. Because whether it's bitcoin or real estate, there's always risk, there's no such thing as profitable without risk, and life is full of surprises.

An emergency fund stands as the foremost cornerstone that every individual should possess. Essentially, this financial safety net bestows a sense of security upon you, enabling you to tread risky financial paths while still ensuring your sustenance for several months.

If we consider investments as the means to bolster wealth, with savings being the emergency cushion, then it becomes imperative for every person to establish a savings buffer before delving into investments. The presence of an emergency fund acts as the fundamental prerequisite for achieving financial freedom. Without it, even minor missteps can escalate into profoundly detrimental consequences for our financial standing.

Embrace the act of prioritizing savings to cultivate a foundation of security in your life. Thereafter, embrace calculated risks through investments to augment your wealth.

[Sayeds56]

Bitcoin is a really promising investment, I will also add it to my retirement assets and I agree with you guys, we need to diversify, not just focus on bitcoin, that's too risky.

You have highlighted a crucial distinction between saving and investing, and your approach to diversify the investment portfolio demonstrates your comprehensive understanding of financial management. Diversification is a well known strategy and key principle of spreading risks by investing in multiple asset classes.

Furthermore, including Bitcoin in investment portfolio is a calculated move, that aligns with its potential for substantial long term gains.

[spectre71]

Kinda, I just added MicroStrategy to my IRA.

[Twentyonepaylots]

Choosing several types of investments is a good thing for those who make investments, of course it will be very profitable, if we only use all assets in one type of investment, this will be harmful to our assets, of course, this is not really what every investor wants. I think that in making an investment we need to leave our savings for unexpected needs, it is not good to invest all of our money so that we don't have money for unexpected needs.

In my opinion, treating Bitcoin to retirement savings is quite risky because the price of Bitcoin is volatile, and it is not uncommon for its value to fluctuate wildly over short periods. Additionally, because Bitcoin is relatively new and different from traditional investment, its long-term performance is still somewhat uncertain.

Instead, as a retirement investment, I consider investing in it long-term with continuous portfolio monitoring. We all know it can offer a hedge against inflation. Traditional currencies deflate value while bitcoin's value may increase over time, and also, it is a highly liquid investment. Unlike other retirement accounts that may require waiting until a certain age to access your funds, bitcoin can be bought and sold quickly and easily.

But still overall, bitcoin can be a viable retirement plan option for those willing to take on some risk.

[blockman]

Bitcoin is a really promising investment, I will also add it to my retirement assets and I agree with you guys, we need to diversify, not just focus on bitcoin, that's too risky.

Most investors that have been saving for their retirement have a lot of diversified assets. It's a wise move that you don't only have Bitcoin as your retirement fund but also it's going to come from various sources. While young, don't take it for granted that you're earning very well and that's why save for the rainy days. You don't know when it will come but just think of it as it's like every day. When you've got that mindset, you'll be forced to save for your retirement and it shouldn't just be savings but it should come from an asset that will generate you the money as you grow old. Passive income as they say and then from there, you'll have to allocate your money to something better. Like now, we're having Bitcoin and soon, we will allocate the profit we get there to another one or direct to your retirement fund.

[radjie]

Choosing several types of investments is a good thing for those who make investments, of course it will be very profitable, if we only use all assets in one type of investment, this will be harmful to our assets, of course, this is not really what every investor wants. I think that in making an investment we need to leave our savings for unexpected needs, it is not good to invest all of our money so that we don't have money for unexpected needs.

In my opinion, treating Bitcoin to retirement savings is quite risky because the price of Bitcoin is volatile, and it is not uncommon for its value to fluctuate wildly over short periods. Additionally, because Bitcoin is relatively new and different from traditional investment, its long-term performance is still somewhat uncertain.

Instead, as a retirement investment, I consider investing in it long-term with continuous portfolio monitoring. We all know it can offer a hedge against inflation. Traditional currencies deflate value while bitcoin's value may increase over time, and also, it is a highly liquid investment. Unlike other retirement accounts that may require waiting until a certain age to access your funds, bitcoin can be bought and sold quickly and easily.

But still overall, bitcoin can be a viable retirement plan option for those willing to take on some risk.

We can all see the growth in the value of Bitcoin from time to time, one of the reasons for some people that Bitcoin is very suitable to be used as a future investment asset, of course, in terms of its value growth.  Even though Bitcoin's value fluctuates, it is in great demand for those who like very risky investments because with great risk, it is believed that some people can provide large profits.
Therefore, Bitcoin is a retirement plan option for those who believe that in the future it will become more valuable and more popular

[Mahanton]

Choosing several types of investments is a good thing for those who make investments, of course it will be very profitable, if we only use all assets in one type of investment, this will be harmful to our assets, of course, this is not really what every investor wants. I think that in making an investment we need to leave our savings for unexpected needs, it is not good to invest all of our money so that we don't have money for unexpected needs.

In my opinion, treating Bitcoin to retirement savings is quite risky because the price of Bitcoin is volatile, and it is not uncommon for its value to fluctuate wildly over short periods. Additionally, because Bitcoin is relatively new and different from traditional investment, its long-term performance is still somewhat uncertain.

Instead, as a retirement investment, I consider investing in it long-term with continuous portfolio monitoring. We all know it can offer a hedge against inflation. Traditional currencies deflate value while bitcoin's value may increase over time, and also, it is a highly liquid investment. Unlike other retirement accounts that may require waiting until a certain age to access your funds, bitcoin can be bought and sold quickly and easily.

But still overall, bitcoin can be a viable retirement plan option for those willing to take on some risk.

We can all see the growth in the value of Bitcoin from time to time, one of the reasons for some people that Bitcoin is very suitable to be used as a future investment asset, of course, in terms of its value growth.  Even though Bitcoin's value fluctuates, it is in great demand for those who like very risky investments because with great risk, it is believed that some people can provide large profits.
Therefore, Bitcoin is a retirement plan option for those who believe that in the future it will become more valuable and more popular

All depends on how someone would really be able to handle out such risks factor because not all would be that having the tolerance in speaking about on risk on which there would be those people who would really be loving on sticking into those traditional investment or whatsoever retirement plans that we are known or really that familiar on. So this is why i would say that this would really vary on a certain individual whether they would really be knowledgeable about Bitcoins potential and risks or would be simply skipping out just because you dont like it to be included on your portfolio but practically saying that it would be really be that good or ideal on including it but of course just dont expect that everything would really be assured on the future on which you would really be thinking up mainly about sure profits because we cant really be able to tell on what would be the market condition in the future on which whether we are gaining or we are still on negative. So its a personal choice whether you would really be going for it or would be skipping out.

[EFS]

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?

I don't know about the traditional 401(K) or IRA but Bitcoin is naturally big part of my retirement saving. I guess the perception changes based on the location.
I'm surprised by some of the answers here. This is 2023, Bitcoin already prove itself. Anybody who didn't put Bitcoin to their savings plan already lost big opportunity but it's not too late. Open a cold wallet and start saving today. Whether it's $10 or 1k worth of BTC, it will add up in the long run.

[dothebeats]

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?

I don't know about the traditional 401(K) or IRA but Bitcoin is naturally big part of my retirement saving. I guess the perception changes based on the location.
I'm surprised by some of the answers here. This is 2023, Bitcoin already prove itself. Anybody who didn't put Bitcoin to their savings plan already lost big opportunity but it's not too late. Open a cold wallet and start saving today. Whether it's $10 or 1k worth of BTC, it will add up in the long run.

I agree. I mean just by being here we can already state and claim that Bitcoin has already proved itself to a lot of people. I mean we are already technically a community that invests in Bitcoin and that is for a reason. Hence, it should already be a given that Bitcoin will be included in our retirement plans for saving up, along with other investments. Essentially, having BTC for retirement savings does not necessarily mean that is the only source of income you will depend on once you retired, instead it will be one of many.