Oh yes someone can, bitcoin is a speculative asset but when you look at it on a long term scale, you will see that it is already getting a massive adoption rate and on an overall uptrend. Beginning to invest in bitcoin from now as a retirement plan will give you a very big advantage to have own a lot of bitcoin when you’ve retired and want to live on your savings henceforth. Bitcoin has proven to be a reliable assets that have played the role that other assets have done for the past years. It has also breach the gap of facing natural disasters that happen upon physical assets that people have been using to save their money for the long term before the invention of bitcoin.


True, but if one of your investment is in bitcoin, then diversifying should be out of cryptocurrency and not go and invest more in other altcoins. Some altcoins have really performed well since their creation but you can’t depend on them forever as bitcoin is dependable on. They are much risky than bitcoin, so in order to have a safer investment, it is better you diversify into other investments like real estate, gold etc. With bitcoin investment, you are in a safer haven when it comes to cryptocurrency investment, so you don’t need to panic to invest in other crypto asset with the mindset that bitcoin won’t perform well in the long run after investing in it.

Yup. It is not only the old ones that can setup their retirement plans with Bitcoin but if you're in your twenties and you're thinking about that. That only means that you're preparing for your future so that you don't have any problems with it. It is being treated as a lifesavings and I have seen people told that they are saving their money into Bitcoin for their financial retirement plans. I think it was countless people when they've told that and that's the reason why many just wanna be well off with their life in the future without having any financial problems.

If you're preparing this early, you'd definitely see the results of it earlier than expected and you might be able to retire early. But as we retire, what are you going to do next? Many are called retired but they're doing their passion and for them to have something to do and have a day to day activities so that they'd still stay in fit and whatever activity they are joining, the only matter is that they are not problematic anymore with their finances.

If we learn the growth of Bitcoin price, it always shows the chance for good profits. We already experienced few bullrun season, Bitcoin price always increased significantly from one bullrun season to another bullrun season. We even don't need 10 years, it is enough to hold for 4 years. The bullrun season has 4 years cycle. We only need to follow this cycle to ensure good profits.

Yep, Bitcoin is a speculative investment. But with the fact of it has 4 years cycle, it is actually not a very speculative investment because we know how long Bitcoin to increase its price.

Why not to have Bitcoin as the asset for the retirement?
If I have enough money, I must buy some Bitcoin when it is in the bearish season to hold for my retirement investment. It is already proven to give great profits for any investors in each bullrun season. I just need to keep it on my private wallets and wait for the bullrun season every 4 years. This is an easy thing to do when I've retired from my jobs.

As long as you are strong enough to hold the bitcoin you have then why not because it is still very doable even though you are currently in your 20s.

I personally am currently still at that age even though I will soon move to head 3 but indeed I have the same mindset towards bitcoin only maybe in this case apart from supporting my old age on the other hand I will use bitcoin for my future needs.
Not wanting to be naive I also want a maximum result and I have a target to sell some of my assets when my plan has been achieved in terms of value so regardless of whether it is up to my old age or do not want to lose momentum to be in bitcoin.
My temporary target is for the next few years but it does not rule out changes in plans made later.

The future is very unpredictable, so no one can actually know for sure what will be the future of Bitcoin in the years to come. Take, for example, the pandemic that happened in 2019. If anyone was told in 2017 that there would be a great pandemic in 2019–2020,  many people would disagree, while some religious people would pray and cancel such thoughts with their faith in their religion. We always hope and also stay positive that the future will bring about good things according to our expectations, but the fact is that it is not always as we expect it every time.

Bitcoin is a very great asset, and investing in it at a very early age is a practice that can be of great profit to the investor. Like you said, if anyone keeps accumulating Bitcoin right from their 20s, before they get to 40 or 50, which they may think of retiring at that age, they will already have accumulated a large sum of Bitcoin, which will really be enough to sustain them during their retirement days.

You should never equate pensions and bitcoin deposits, because reality is always one step ahead. Investing in Bitcoin is a good sign but you can never gather everything in one place. So if you show up at a place with different plans, chances are high that things will go wrong. So you can implement the Bitcoin plan and keep yourself calm.

In my opinion, the choice is in our hands, meaning that with financial knowledge and ability when we are still young, preparations must be made immediately, although in the end Bitcoin is not the only thing we have to focus on at any given time because we are also required to be flexible in adapting to change. market conditions.

but, I believe BTC is an interesting strategy to maintain since then because BTC is also an asset class that can help protect a portfolio from extreme market fluctuations and is intended to go up and continue to go up unless the internet is no longer needed by humans and that I think is very relevant with long-term financial goals too.

While I agree with that but there's still the bigger portion of being into the real estate game. It's passive income and it's normal to have obligations in the government. I know it sucks and they want chunk for everything that we have but speaking wisely, it is one of the best to have when you're already old and will just take passive income from rent there and when you're done, you'd sell it at a great mark up.

100%.

As they can tax and take over the lands and properties, they'll never be able to take our bitcoins.

I don't think that it's a good idea to rely on bitcoin as a way to grow your retirement money, as much as I believe in bitcoin, it's still a volatile investment that can go anywhere at any given time so there's always that possibility that you're probably going to have a problem with your investment going down in value.

What you need in retirement money is something that's consistent and won't easily go down in value, I say that it would be better if you split it up on different kinds of investments so you're not going to be the one that's losing money at the end because you've put your eggs in one basket. Or you can just say "fuck it" and risk it all on bitcoin, bitcoin's not going anywhere anyway so I'm sure that even if I've got reservations about it's volatility, bitcoin will still get back up when it experiences the bear market, it's a cycle of dump and pump but we never know when those things are going to happen again, what I'm worried about too is the fact that you might not be able to take the panic that you're going to feel when the price of your investment has gone down in half or more, that's where your test of faith in bitcoin is going to start.

Proper decision at the right time can make a big difference in everything in his life. Any type of investment is risky. Those who have the courage to take risks can be profited. Bitcoin's journey started not too long ago. But Bitcoin has already taken the priority over the world. Some of the current retirees have expressed interest in Bitcoin. Some even invest their retirement money in this platform. My personal opinion in this regard is that those who know about Bitcoin and have a long-term investment plan should invest in Bitcoin. While other investments require a lot of money, investing in Bitcoin only allows one to get high returns with comparatively less investment. But the investor must invest such money that loss of money does not create any problem in his life.