I came from a society where majorities are not bothered about their retirement plans, Some do have the financial resources but due because of financial revenue opportunities, they feels so reluctant and comfortable without considering that depending on the government opportunities could get to an end somedays. I don't know if they ever have the picture imaginarily about how their old ages times would be.
While I've come way too far thinking about this as I also goes around the towns and sees old people aging so helplessly as they're vulnerable, I fear not to be in such situations so then, I'm striving on making positive differences.
I've decided to have a diverse of my bitcoin investment for my retirement purpose.
At some points in life, you don't expect to be thought lessions before you could learn but you can learn from others experiences.
Diversifying BTC for retirement plans is not really my thing because at the end of the day, there would be no reasonable profit for the original investor and the investor would be left with the choice to either hold or sell when old age comes and if they didn't get to introduce their siblings or grandchildren to BTC , the coins would be lost.
That would really be only the cons when you are really that tending to accumulate crypto which it isnt really just that Bitcoin but also in other coins as well on where there's really a tendency that those coins would really be lost specially if you havent told someone in regarding with your holdings and since no one would really be able to know on when you would pass out then those coins would really be lost forever
not unless if you have told someone in regarding with your posession and telling about your PK then those coins would be retrieved out or could be accessed but we do know the particular risks once we are still alive and other people do have that awareness of those keys which it could potentially stolen. This is why when in regards to retirement and on the old age condition then majority would really be still
preferring those old traditional ways.
Having some crypto holding wouldnt really be that a bad idea but of course you should really be preparing for those cons that it would have and it would be such a waste
if there's no one would be able to benefit it out just incase of emergencies.