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.
The fact that this is your hard-earned and retirement savings, then the more that you have to be careful on what and where to utilize those funds. If you only invest it without caution, then you might see yourself ending as a beggar when everything you earned had totally lost because you take so much risk through investing. Though it’s not wrong to invest because that’s your own money in the first place, but never invest in an amount that you can’t afford to lose. Just like with bitcoin, no matter how promising it is, but it’s still a high risky investment that you can’t be assure of how that investment may end, so just invest a little portion of your funds so that if you happen to lose them, that will not greatly affect your retirement plans and decisions.
A matter of how you trust the market and how you understand the venue of your investment, it's true that the money that we are talking here is a pension money which you deserve to whatever things you wanted to use it, if you have better knowledge with Bitcoin and you believe that the market can bring something decent in a span of time, then so be it.
Make your investment but always plan, set the amount and never to go all-in as there's always a big risk behind any investment,
splitting your money and divert some to other investment venue may help and give something to cover while waiting for your money
to grow.