Would You Consider Adding Bitcoin to Your Retirement 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.