Bitcoin: Saving for Tomorrow, Starting Today

[Alphakilo]

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What do you think? Is Bitcoin a worthy part of future savings or not?

To be honest, there are many options for future savings that gives good return of investment. We have mutual funds and government bonds that gives upto 15 to 18% annual return. These are smart investment options which gives peace of mind, unlike a volatile asset like bitcoin. When I knew bitcoin newly and joined this forum, I hype it for all I do, but I am heading to 6 years of active investment in this industry, I can tell what works and what doesn't work.

If I have a huge fund to like $100k and above, I am going for mutual funds investment with steady annual return. But if I don't have a huge fund, only my petty earnings, I will use bitcoin DCA method to try and achieve similar result on the long run.

I think with a large portfolio one can actually invest in other notable assets for steady annual returns as you mentioned, but one reason why Bitcoin stands out is the fact of its DCA strategy for retail investors, the part of its ETF investment option for large pockets and the fact that it has the ability to increase in value and price overtime to bring a sizeable return after a long term holding plan.
Bitcoin acts as a smart savings tool for calculated risk, and one can still invest in it after securing other financial plans for real world uses.

[Orpichukwu]

Bitcoin is one of the best asset to to save for the future. Not only does it generate the highest profits, it also serves as bugger against inflation that is prevalent in fiats. This is why even the rich are massively accumulating Bitcoin now and some through ETFs

Accumulating and holding bitcoin can give you profit over time, but don’t make it sound like it’s the only asset that can give you its own type of profit; nothing is guaranteed, but it’s better off not using that highest profit as some stock and other assets might beat that sometimes. Even if it’s not guaranteed, don’t get me wrong when it comes to crypto and security. Bitcoin is top-notch, but I don’t like when it’s being overpraised in terms of profit.

[Kelvinid]

What do you think? Is Bitcoin a worthy part of future savings or not?

The same question many people ask when bitcoin itself was not that valuable, the time where most of us still doubt the potentials of bitcoin. But look at bitcoin now, the price is too expensive, lucky are those who trusted bitcoin early because they are probably making a fortune with bitcoin now.

Bitcoin has been worthy all throughout the past years, so most likely it will remain valuable in the future. Saving it and adding more bitcoin in our portfolio is the smartest thing to do, and hold them for long term as long as we want that way.