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?
This process can be ideal for those who know about Bitcoin and are experienced in Bitcoin to invest their retirement money in Bitcoin. You must know that Bitcoin has generated more than 200% returns in the last two to three years. Also, from the beginning of Bitcoin to now, we can analyze the chart to see how much Bitcoin has grown and how many successful people there are. However, in my opinion, I would say that investing in Bitcoin after retirement would be good for a person if he knows about Bitcoin, but I would not advise him to invest his entire money in Bitcoin. I would advise him to invest 40% or 60% of his retirement money in Bitcoin and leave the rest to use for various necessary things to manage his life.