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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.

 

[Bettercryto]

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.

Right now, most of my holdings are in the top listings here in the crypto market, for example the top Altcoins, top meme coins, Top Ai coins, Depin coins, base coins that are on top.

These are just some of the things I do when researching these coins and at the same time I look at the cm and daily trading volume that they generate every day.

 

[mayahn]

Right now, most of my holdings are in the top listings here in the crypto market, for example the top Altcoins, top meme coins, Top Ai coins, Depin coins, base coins that are on top.

These are just some of the things I do when researching these coins and at the same time I look at the cm and daily trading volume that they generate every day.

That’s a solid approach! Keeping an eye on market trends, daily volume, and top-performing categories like AI, DePIN, and Base coins is a smart strategy. Diversification within strong narratives can help maximize gains while managing risks.


Would love to hear your thoughts on specific projects you find promising right now. Any particular ones you believe have long-term potential beyond the current cycle?

 

[Obari]

Great and you’ve shown a great skill in what you do and I love the fact that you also had to keep an eye on the threads and trading volume because that also goes a very long way in affecting the performance of a coin.

Just as Mayahn already said, it will be a great idea if you can show us some of the coins you think might perform well in long run, so people who are interested could also invest at their ow risk.

 

[eLdavis]

If i have to choose, i think i will go with gold. Gold so far has been able to stand the test of time. It has been around even before Bitcoin came along. After the introduction of Bitcoin, a lot of people called it the new gold, that it would completely remove gold but here we are, gold is still kicking strong. My bet is on gold.

 

[Obari]

If i have to choose, i think i will go with gold. Gold so far has been able to stand the test of time. It has been around even before Bitcoin came along. After the introduction of Bitcoin, a lot of people called it the new gold, that it would completely remove gold but here we are, gold is still kicking strong. My bet is on gold.

I’m glad to have someone who still speaks his mind despite the odd and I sincerely appreciate you for that.
Personally I accept, bitcoin is the new gold but pushing gold out of the market isn’t something bitcoin will simply or easily do.

Whatever the case might, but have very good store of value and you choosing gold is a great option but diversifying will be great too.

 

[shababy573]

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

The pandemic period led to the downfall of the worlds economy, labelling it uncertain. Banks throughout the world have been struggling to keep inflation under control since 2021, these investment known as the safe haven asset, are generally expected to maintain their value during periods when fiat money and equity stands at an increased risk of devaluation. For ages, gold has been recognized as an everlasting source of value, offering stability and security notable amid uncertain periods. In contrast cryptocurrencies, especially Bitcoin have emerged as one of the most popular digital asset globally. It runs on a decentralized network and his resistant to government intervention. Despite phases of intense volatility and dramatic price decline, Bitcoin's overall trend has been upward throughout its existence. This has further generated curiosity, as a possible long-term store of value to hedge against inflation a market instability. Moreover bitcoin is also called "digital gold", grabbing the attention of both investors, and organizations due to decentralized structure,finite quantities and capacity to facilitate seamless transactions globally.

 

[shababy573]

Both Bitcoin and gold have been popular investment options, especially among those looking for alternative assets to traditional stocks and bonds. However, when it comes to retirement planning, it's essential to consider the unique characteristics, risks, and benefits of each option.

Bitcoin
Pros:

1. Potential for high returns: Bitcoin has shown significant growth in the past, making it an attractive option for those seeking high returns.
2. Diversification: Adding Bitcoin to a retirement portfolio can provide diversification, as its performance is not directly correlated with traditional assets.
3. Limited supply: The total supply of Bitcoin is capped at 21 million, which could help maintain its value over time.

Cons:

1. Volatility: Bitcoin's value can fluctuate rapidly, making it a high-risk investment.
2. Regulatory uncertainty: The regulatory environment for Bitcoin is still evolving and can be unpredictable.
3. Security risks: Bitcoin investments are vulnerable to hacking, theft, and other security risks.

Gold
Pros:

1. Stability and reliability: Gold has historically been a stable store of value, making it a popular choice for retirement portfolios.
2. Inflation protection: Gold's value tends to increase during periods of high inflation, providing a hedge against inflation.
3. Tangible asset: Gold is a physical asset that can be held and stored.

Cons:

1. Lower returns: Gold's returns may be lower compared to other investments, such as stocks or Bitcoin.
2. Storage and maintenance costs: Physical gold requires storage and maintenance, which can add costs.
3. Market fluctuations: Gold's value can still fluctuate due to market forces.

Which is the best retirement option?
The answer depends on your individual circumstances, risk tolerance, and investment goals. Here are some general guidelines:

1. Conservative investors: Gold might be a better fit for those seeking stability and reliability.
2. Aggressive investors: Bitcoin might be more suitable for those willing to take on higher risks in pursuit of potentially higher returns.
3. Diversified portfolio: Consider allocating a small portion of your retirement portfolio to Bitcoin or gold, while maintaining a diversified mix of traditional assets.

Ultimately, it's essential to:

1. Consult a financial advisor: Seek professional advice to determine the best retirement strategy for your individual situation.
2. Assess your risk tolerance: Consider your comfort level with market volatility and potential losses.
3. Set clear investment goals: Define your retirement objectives and risk tolerance before making investment decisions.

Remember, retirement planning is a long-term process. It's crucial to prioritize a well-diversified portfolio, consistent savings, and a clear understanding of your investment options.

 

[Pato boy]

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

Absolutely yes , Bitcoin can prove to be a good retirement asset,because Bitcoin has come to stay, statistically , it has proven to be one of the trending and most profitable investment because it has appreciated more than expectation , from $2 in 2010 to more than $40000 in 2021.5 Aug 2019
Bitcoin is a better investment for short-term potential gain--but you also have the potential to lose a lot of money. Gold, however, is a stable investment that is almost guaranteed to return on your investment in the long term.
Bitcoin is much riskier: Bitcoin has a much shorter lifetime and its value is based on what other traders will pay for it, rather than being based on the assets or cash flow of an underlying business. In contrast, gold has been a store of value for more than 2,000 years, and it's well regarded as an inflation hedge.