Quote from: Fredomago on April 29, 2023, 11:17:49 AM

Quote from: Viscore on April 28, 2023, 08:27:26 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.

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.

Its your money then its you choice to make when it comes to investment choice because we dont know on what future holds and if you do see something that has potential or does have that kind of benefit or somewhat into these categories then you would really be making some move which it would really be just a normal approach but of course this isnt something that talks about on making money,

Always mind off with the risk involved because if you arent that careful when it comes to your investment decisions then all of those funds would really becoming to waste. We are talking about pension funds
on here on which this is something an amount which we would really be that depending on the time that we do get old.

If you could be able to bare up with the risk about Bitcoin investment then its your call.Just make it sure that you do have other investments as well if ever this one fails but even though this is unlikely
but its better to always have that back up plans because we cant really be sure on what are the things that would happening ahead.