Would You Consider Adding Bitcoin to Your Retirement Savings

[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.

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[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.