Post
Topic
Board Economics
Re: Is buying Bitcoin and holding a Good Retirement plan?
by
MarjorieZimmermanGinger
on 23/01/2025, 02:39:17 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?
The idea is good and bitcoin will always be the best investment in the long run because bitcoin is able to retain its value so in the future bitcoin will be much more expensive than its current price. Making a retirement plan by investing in bitcoin is a much better option and I believe it is a strategic move. But in terms of comfort during retirement then we have to know how much to invest because if done once it will not have any impact.

If someone keeps a small amount of bitcoin for his old age then it will not be optimal and the plan will only look better if it is done regularly and continues to increase the amount of bitcoin held for the long term because that way it will be much more optimal.