Why you should make Bitcoin your Retirement Plan

[Alvin_talk]

having different assets or stocks is good so you don't put your eyes in one basket but it is also good to note that one good basket you keep everything is better than having different eggs in wrong basket.

What you are trying to say doesn’t make sense in my opinion. Do you mean to tell me that bitcoin is the only realable investment there is? Forget the hype bro, diversification is the best approach to follow. Sure, Bitcoin is a good choice of investment but there are also other good investments out there, so I'll prefer to diversify and play safe instead completely depending on bitcoin only.

[Chibit01]

Making bitcoin a retirement plan is profitable and i think it is the most secured way of making a retirement plan since it will be in your custody where you will have access to it at any time you want. 20 years is a very long time, by then the investment must have yielded heavy growth added with the quantity you have been able to hold. Inflation has worsen the fiat currency to an extent that it doesn't have any future value. Instead of saving money in the bank as retirement plan, bitcoin will be the most preferable way of investing that money. 20 years is about 5 cycles of bitcoin, and of course the growth of your investment within that interval will surely be huge.

It can be very profitable to buy and hold bitcoin for retirement plans, but I won't do that alone. I like situations where I diversify and invest in many more things, like also putting some money into real estate and other physical assets which can be yielding profit on a regular basis while you hold your bitcoin and wait for as long as you want until it gives you that breath taken profit you have been aiming for.

[Grace333]

I have two charts out of many charts here which I was keenly watching and I then thought, what's the point selling off your bitcoin when you are still agile and actively working? Is it not better to make bitcoin your retirement plan? If a person who has up to 20 years left before retirement, if he starts buying bitcoin through the remaining 20 years before retirement, he could pass through 5 different cycles before his retirement.

In as much as it's profitable to hold bitcoin for retirements doesn't mean user's selling their bitcoins is making wrong decisions.
You don't make the profit ONLY when you're investing for retirement either. Everyone do have their investment goals and so on their timeframe with the need's to sell differs.
Any bitcoin investor who hasn't considered retirement investment plan's as an advanced investment plan is also missing a lot because instead of saving those your incomes in fiats that values can be dismissed over the long term at a retirement stage of such duration of 20 year's, saving it in bitcoin will definitely give you an edge to preserve it value against inflation.

The question is, what if those people selling their bitcoin have already reached their retirement or their set timeline for investing in bitcoin? It's possible that this could be the reason why some people are actively selling, though most people might be traders who just get in to get out early with the idea that they are making profit but they are just wasting their time and opportunity when you view it from a long term perspective.
Bitcoin is indeed a good project for retirement fund because of its volatility and it's profitability over time. The most interesting part is anyone can invest with whatever amount they can afford to invest with.