Quote from: molsewid on Today at 09:37:35 PM

Quote from: initim on April 22, 2023, 06:02:40 PM

I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.

First of all, we should know at the first place that crypto is volatile. Investing in bitcoin is a good thing but it is your retirement or pension funds, maybe do not put all eggs in one basket. Learn to diversify your assets, investing in any kind of platform and system is already risky and there's no 100% to any of it, you just need to understand the market and the trend of that coin, sometimes you might even lose so I suggest do not invest too much, he should enjoy his saving as well.

Maybe, he can put some if he already learn the risks of getting involve in this market.
But if he doesn't know at all how this market performs, better not to.
As this is retirement funds, much better if he can invest it in more tangible assets like real-estate.