Post
Topic
Board Economics
Re: Is buying Bitcoin and holding a Good Retirement plan?
by
CryptopreneurBrainboss
on 16/01/2025, 22:26:21 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?

Bitcoin isn't just a good retirement plan for people in countries without any good retirement plan but for all people irrespective of the country that you're from because when you look at the return in investment in both options, Bitcoin outweigh others.

Bitcoin also have other pros than the other retirement plans. The others are centralized and can be jeopardize but Bitcoin can't, especially when you're not relying on a third party for protection or storage of your Bitcoin but doing everything yourself as it was originally intended. Don't presume that it'll take more time to witness tremendous growth because it mightn't when you're investing by DCA and not just buying whenever you feel like without being consistent with the purchasing capital.