CRYPTO AND RETIREMENT WALK IN PAIR
When you look at crypto dynamic you tend to shift your focus to a certain folks with time at hands. You may not expect a 65 year old investing hard in crypto unless the crypto has been part of life for the last 10+ years. The situation is shifting considerably knowing what crypto can bring to a well guarded portfolio. Investments involve risk that even crypto cannot hide from. The landscape now can be really rewarded by assessing the timeframe and return expected.
These are the action of baby boomers and Gen X. Crypto is the area they can make some
ground in the long term. For the past five years which is short in investment time, many
accumulated wealth through crypto. BTC only reaches $64k and the whole market were standing
at $2 trillion. You can be certain in the next 24 to 36 months, the same experience will
be shown. When you plan at the right time you can set yourself for great return.
When you approach all the vehicles to lock funds away for retirement, crypto is bringing
new air in the sphere. Nowadays control speak volume. Again risk will always be there but
when you get involved, you decide your calculated move with your funds. A place like #defi
even with crazy risk, is sending a positive side for the benefit of crypto.
Usually having crypto in your portfolio is a way you show interest and earn wild interest due
to volatility.
Having your eggs in many basket in retirement is a way to keep a bear market from running away with everything you have. All the old school investments like stocks, 401k, etc... will keep their place intact as the transition will evolve for years to come. It is a food for thought knowing people from all ages have interest in crypto. This mindful act will grow as the whole market will appreciate as time passes. Baby boomers could be the generation that help early adopters to see the fruit of their labor.
Many of us are not close to that age yet. There is more reasons to save. Like we say in crypto, we hold till we can take profit It has become apparent this trend will put pressure in crypto market. The bull pressure always benefit the newcomers. The idea of holding is not new. Having the same plan to use crypto for retirement makes more sense. With DEFI in action there could be a plan where your funds will get compounded and grow for you to reach at a certain age. This is the avenue crypto offers to everyone.
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