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[Obari]

I’ve been pondering on this very thread and since I’m already a believer of bitcoin, I already have a yes answer to bitcoin as a safe haven for retirement but on the other hand, bitcoin is still very new as compared to Gold, though bitcoin might be doin well, but anything can happen and that’s why I also want to know the opinion of others as to what would be their choice of investment for retirement.

Let’s discuss plainly without sentiments or guilt as I believe, everyone has an opinion and since we’re here to unlearn and relearn, we should be free to share our thoughts

 

[Bettercryto]

They both can help us, now if you have a deep understanding of Bitcoin you can say that it's up to you if you allocate the majority fund you have and buy it with bitcoin then hold for the long-term.

Now if it's a retirement fund, you can do it 50/50 or out of 100%, divide the 75% in half then invest it on Bitcoin and Gold while the 25% is for other personal costs that you will use, this is just my thought, op.

 

[Obari]

They both can help us, now if you have a deep understanding of Bitcoin you can say that it's up to you if you allocate the majority fund you have and buy it with bitcoin then hold for the long-term.

Now if it's a retirement fund, you can do it 50/50 or out of 100%, divide the 75% in half then invest it on Bitcoin and Gold while the 25% is for other personal costs that you will use, this is just my thought, op.

I get your point mate but at the moment, we’re just trying to limit the option to just one

Which means, if you’re given the option to choice just one between them Gold and bitcoin, what would be your best choice?

 

[algigsYGG]

I’m choosing Bitcoin because it offers a new level of potential due to its decentralised, inflation-resistant qualities and growing institutional acceptance. I like its long-term prospects which make it a powerful contender for a retirement fund because I believe in the future of blockchain and digital assets.

 

[Bettercryto]

I get your point mate but at the moment, we’re just trying to limit the option to just one

Which means, if you’re given the option to choice just one between them Gold and bitcoin, what would be your best choice?

For example, if I had no choice but to choose between the two, I would choose Bitcoin, if I had no choice to choose. But in reality, as I first mentioned in the first post, that's exactly what I would do.

Maybe bitcoin is not the one I choose to invest in because its price is really too expensive right now, Yes, I can make a profit on bitcoin but at its current price in the market, the profit will only be 5-6x the increase in its price value compared to the top altcoins, which are more than that. This is just my assessment.

 

[Obari]

For example, if I had no choice but to choose between the two, I would choose Bitcoin, if I had no choice to choose. But in reality, as I first mentioned in the first post, that's exactly what I would do.

Maybe bitcoin is not the one I choose to invest in because its price is really too expensive right now, Yes, I can make a profit on bitcoin but at its current price in the market, the profit will only be 5-6x the increase in its price value compared to the top altcoins, which are more than that. This is just my assessment.

As an investor, you shouldn’t be looking at the price of bitcoin if you truly want to hold and succeed and that’s why the DCA method is always recommended and sometime last year bitcoin was around $40k+ and a lot of persons were scared to invest with claims that, the price was too high and now I’m sure you already see the price and imagine you invested them, you should be counting over x60 and it’s been speculated that bitcoin will get to $200k sooner than later and you can imagine what you stand to gain if you invest now.

 

[Bettercryto]

As an investor, you shouldn’t be looking at the price of bitcoin if you truly want to hold and succeed and that’s why the DCA method is always recommended and sometime last year bitcoin was around $40k+ and a lot of persons were scared to invest with claims that, the price was too high and now I’m sure you already see the price and imagine you invested them, you should be counting over x60 and it’s been speculated that bitcoin will get to $200k sooner than later and you can imagine what you stand to gain if you invest now.

I knew know what you want to say about this, we know that most of the time every cycle of halving or bull run the usual things often happen, the price value of Bitcoin is only repeated 5 to 6x. And to be practical, we all have our own goals in this industry. And we have different goal target profit every bull run.

And my goal target may be high in the eyes of others, and I will not achieve it if I only apply Dca to bitcoin, and the alternative I see to achieve this goal is to get it from altcoins, and I have knowledge on what I will base my choice on which potential altcoins I will hold this bull run.

 

[Obari]

I knew know what you want to say about this, we know that most of the time every cycle of halving or bull run the usual things often happen, the price value of Bitcoin is only repeated 5 to 6x. And to be practical, we all have our own goals in this industry. And we have different goal target profit every bull run.

And my goal target may be high in the eyes of others, and I will not achieve it if I only apply Dca to bitcoin, and the alternative I see to achieve this goal is to get it from altcoins, and I have knowledge on what I will base my choice on which potential altcoins I will hold this bull run.

Yeah
I do agree with you that, we all have our goals in the industry but regardless, bitcoin has lesser risk as compared with other coins.

I will be glad to have you share the update of the coins you intend holding since we’re all together on here, maybe, others might be interested to invest in them too.