20 year old american put retirement saving in bitcoin
Americans young generation put their saving in bitcoin to generate more profit compare to stock market ,
According to Duke University finance professor, Campbell Harvey, has warned that the kind of price volatility facing cryptocurrencies is very brutal due partly to the reason that they are not collateralized.
Investing in bitcoin retirement portfolio both offer high reward and high risks.
Someone says "I'm worried that people will put too much of their retirement in an asset like this. It's a very small piece of the market right now and it's extremely volatile. To put this into your savings, you need to be willing to lose everything. If you put your retirement savings into the stock market, there is almost no chance that you're going to lose everything."
but their were some investor who got 300 percent profit in last year from bitcoin that why more youth attract towards bitcoin trading .
Yes, the gains are there. For retirement, one needs to be more diversified. I mean I'm a huge physical silver investor, but I understand that putting everything into silver is not smart.
My strategy is Silver, Stocks, Real Estate, Cryptocurrency and HYIP (Control-Finance). I would not go "all-in" on any one of those, but I'm all about being in everyone of them on a percentage basis of my investments.
that the right way to invest keep going
Yeah, it's tough to see those gains and not chase them. But saving/investing for retirement needs to be a marathon not a sprint, for most people.
you are right retirement is marathon.