Financial planning is essential when it comes to the future. Most people save their money in preparation for emergencies, future goals, and freedom from monetary obligations. Nevertheless, with the change of economic circumstances and inflation rates, people are looking into various options to protect their capital.

Bitcoin became one of the assets which many people trust in. Its limited number and decentralized network give it an advantage compared to other forms of currency. But Bitcoin is a very volatile asset, and its value may increase or decrease. Thus, it should not be viewed as a guarantee to get wealthy in the future.

It would be beneficial to collect Bitcoins gradually by making DCA purchases on a weekly or monthly basis. It will allow investors to minimize their dependence on the constant changes on the market. The frequency of such purchases depends on income, expenses, and plans of each person.

Still, one should never put future above the present. Emergency savings, necessary costs, and existing commitments must go first. Only investing money which people can leave in a reserve for a long period of time would be a reasonable thing to do.

What do you think? Is Bitcoin a worthy part of future savings or not?