Why choose crypto for your retirement savings?
- Why not diversify?
“Don’t put all your eggs in one basket”. Apart from the two only options most tax-deferred retirement accounts give - stocks and bonds, - investing into cryptocurrencies might be the right choice for a sound diversification of your savings.
- Crypto is less sensitive towards the governmental policies worldwide
Decentralization of Bitcoin, with no third party involvement in the network control, may be a wonderful reason to prefer crypto over stocks and bonds, highly sensitive towards the government's fiscal policy.
- Might be the right choice for long-term saving
While the current high volatility of crypto may be stressful, those planning their retirement savings are not going to day trade them, as opposed to making real long-term investments. Just look at Dow Jones, ping-ponging from high to low, and then surpassing both, if we look back at times of the Great Recession and then at Dow's index ten years after.
Anyway, choosing crypto for your retirement savings should involve a lot of hard thinking.
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good points!
because there is no more secure assets for the future , i belife that the big cash on the tradtional marktes is near ! Mark me word! ;-)
@cryptoinvestinfo Brother i know most secure things are near than cash like government securities and price bonds even if you fully save your future you can save gold silver and commodities because you can easily convert into cash but now in these days crypto are not accepted easily but i hope for good future...
At moment maybe, but i think the next crash on the traditional Marktes is very near and after that crypto will explode!
I don't trust Banksters with my money anymore! ;O)