Quote from: Distinctin on April 26, 2024, 08:47:19 PM

Quote from: goaldigger on April 24, 2024, 09:08:08 PM

Quote from: Cryptomultiplier on April 24, 2024, 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 with this. It’s not wrong to invest in bitcoin for your future’s retirement or for your family’s future, as long as you are taking calculated risk so you won’t end up being unfortunate because you lose a lot since you put all your hard-earned money there. Bitcoin still cannot guarantee what it’s future will like, but the fact that it’s highly trustworthy and profitable, so investing in it at an amount we can afford to lose is not that bad at all, at least we learn to set future goals, and not just wasting all the money enjoying the present life to the fullest.

Yea, Bitcoin is a good investment for the future and also for retirement purposes but diversifying your investment too will be a nice move, there is a saying that one should not put all his egg in a basket because of the unforseen circumstances, your retirement plan should be in such a way that when this plan fails the other one won't, we have to learn how to plan so that things won't be difficult for us when we finally retire, I have always been a supporter of investment since I got to to know that investment is part of preparation for the future, I retraced my step, money is meant to be invested in a meaningful and profitable future ventures.