Good day everyone in this wonderful board!
This topic recently came through my mind and I decided to share.
We do know how Bitcoin has experienced tremendous prowess, over the past few years.
And how it has been like a pinnacle of hope to many, those who invested long ago have witnessed a more than 200% growth and more since it's inception.
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?
It's really hard to suggest anything for retirement plan because this is the plan which you hope to feed you in your old ages and it's very hard decision to make because if things get messed up, your oldhood can get messed up too, especially if you are in a country where there is hardly any good retirement plan.
Bitcoin as a retirement plan also depends on your age. If you are young like in your 20s, 30s or 40s, it's hard to suggest because there are at least 20 years ahead. At the moment, Bitcoin looks very promising. Every stat says that it's the best choice for investment but we never know what's going on. Maybe the war starts? Maybe Trump does something crazy? Maybe, maybe...