Post
Topic
Board Economics
Re: Is buying Bitcoin and holding a Good Retirement plan?
by
Rockstarguy
on 16/01/2025, 04:49:21 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?
Normally bitcoin is a good investment and it is a good retirement plan, but before one must think of investing bitcoin as a retirement it is needful there must be an investment or business that generates income. If there is no income that one will depend on, investing bitcoin as a retirement plan will be a difficult one to cope with. It is essential if retirement plan should be invested plan at least there should be plan on how many can be generated as a since of income.

Bitcoin investing in Bitcoin as a retirement plan is gonna be a good investment in the future but the most important thing that one needs to take note with a plan like this, their should be a source of income.