What is the best investment for retirement?
When talking about retirement investments, people often focus on stocks.. However, Bitcoin is proving to be a better retirement investment than even stocks, commodities and other traditional investment vehicles.. That’s why experts recommend investing in Bitcoin if you are considering your retirement.
It is more profitable to invest in Bitcoin if you are considering retirement
Bitcoin ‘s popularity continues to rise around the world, despite the current low Bear cycle. A study by Blockchain Capital Blog earlier this month shows that awareness, familiarity and perception of Bitcoin has increased over the past two years. also increased to 89%. Also, the percentage of people familiar with Bitcoin has increased from 30 percent to 43 percent.
More and more people are convinced that Bitcoin will provide more benefits in the next decade.
Poll it also shows that more people are open to buying Bitcoin than in 2017 (19% in October 2017, 27% in April 2019).. The interest of the younger generation in Bitcoin increases the potential of the most valuable asset to be an investment vehicle for the next ten years.
Bitcoin price may remain between $6,000-10,000 by 2020
Bitcoin is excellent as a retirement investment
As Bitcoin grows in popularity, analysts are confident it will become an alternative asset for retirement investments. In fact, Jason A., co-founder of Morgan Creek Digital.. Williams argued that the number of people saving Bitcoin for retirement is increasing.
In a tweet he states:
“1 BTC is $7,000 today, but about 1 in 3 Americans is 5,000 to retire. Earned more than $. Always invest in yourself first. Get Bitcoin! ”
These stats are impressive given the current Bitcoin situation and the regulatory challenges facing the community.. Williams also said that “the numbers tell the story.. They always do. Tells the Bitcoin story with numbers and math. Trust the numbers.”
Bitcoin or altcoins? How much do you trust altcoins?
Cryptocurrency expert is right in his comments. Comparing the growth of Bitcoin over the last decade to traditional investment vehicles, it clearly shows why the younger generation is now turning to BTC.
It’s making more money than traditional assets
In the past fifteen years, the NASDAQ has The good 100 total offered a return of over 500%, while the S&P 500 gave 254%. In the same period, commodities decreased by 34%.. On the other hand, Bitcoin rose 1.950%. Just this year, Bitcoin has surpassed 100%. All this after last year’s crypto winter saw the asset allow 75 percent hacking. However, Bitcoin still outperformed almost all traditional assets (like gold), gaining 58% annually, outperforming the S&P and other traditional indices.. That’s why Bitcoin can be a great retirement investment option.
Reuters: Buy Monero if you don’t buy Bitcoin
Source
Automotive giant SsangYong has officially filed for bankruptcy