Quote from: stadus on Today at 10:00:52 PM

Quote from: goaldigger on Today at 09:08:08 PM

Quote from: Cryptomultiplier on Today at 08:35:15 PM

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.

Having crypto as your retirement plan is fine, as long as it is well planned and of course as long as you know how to take profit. Seriously, I’m not too focus about my retirement since I’m living my life everyday to the fullest since I can never know if I can stay alive during my retirement although of course I still prepare for it but it’s not for my self anymore, I prepare for the benefits of my family and crypto can also be a good choice for your retirement option.

I have to agree. It’s actually fine to have crypto in preparation for your retirement soon. Knowing it appreciates its value in the long run, for me that’s a good investment for our future. However, investing without knowing the basics is like gambling your funds. You should know the risk involved with hodling bitcoin, and should be well aware of its highly volatility. But if your purpose is to hold it for such a long term without having an attempt to sell it, I guess you won’t be highly bothered with its volatility nature. Just stick to your set goals then.

But dont forget that it could also depreciates on which it would really be just that right that you should be also thinking about the probabilities about declining in price on which this is something that could really happen out. We do know that when it comes to this aspect then there would really be those possibilities that it could really be having that kind of opposite condition on what you are anticipating.
Instead on earning you would really be rather seeing your accumulation to be in negative. This is why you should really be that wise on choosing on which coin you would really be holding which majority
would be choosing up Bitcoin but of course there's no such guarantee considering that no one really knows about the future.

Proper planning about your future when you do get old is something that recommended despite on having that government aids or support but you cant know on what would be happening.
Its better to have back up plans rather than on having nothing at all.