Would You Consider Adding Bitcoin to Your Retirement Savings

[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

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[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.