Post
Topic
Board Economics
Re: Is buying Bitcoin and holding a Good Retirement plan?
by
Ndabagi01
on 12/01/2025, 14:31:22 UTC
My idea is , since one is coming from a country like mine where there's hardly any good retirement plan for those who plan on retiring, then is it really ideal to buy Bitcoin as an asset and hold for Good returns despite it's volatility.
Although it might take time to witness a tremendous return.
But is this really an ideal idea?

Bitcoins tremendous achievement since its inception has made it a very good option to invest into as a retirement plan despite the volatility nature of the market. If you’re planing to use bitcoin as a retirement plan for yourself, it will be advisable to start investing into it gradually, for its past achievements, it is likely you’ll get the best out of it as a retirement plan instead of commuting yourself to other crypto assets that can’t guarantee you return in the long time. You can also try to diversify into other physical assets even after investing in bitcoin, having multiple sources helps to have a more sustainable retirement savings for yourself.