Post
Topic
Board Bitcoin Discussion
Re: He wants to Invest in Bitcoin for His Retirement.
by
taufik123
on 03/10/2024, 21:55:58 UTC
-snip-
Investing on crypto or Bitcoin with your retirement is really that bit risky. Why? There's no assurance about success or pump up in the future. What if it would go south? and this is really that your last resort on having a comfortable living or life on your old years or senior?
This is why it will always be that recommended on having always that back up plans on which this will really be that recommended because always having back up plans will really be giving out that kind of edge
or advantage in comparing into those people who do have none.
Maybe by doing some good management on their retirement money can be a good way out.
For example, only 50% is invested in Bitcoin and the remaining 50% is used to invest elsewhere or build a business that can provide good passive income.

Bitcoin is indeed high risk because of its uncontrollable volition, but it can provide greater profits and see how someone who bought and held Bitcoin a few years ago and then sold it today. It provides tremendous advantages.