Setbacks in Bitcoin's Inclusion in 401(k) Plans

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shard_2013Full Member
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#1Jun 30, 2019, 10:10 PM
Altcoins shouldn’t even be a consideration. We really can’t predict which ones might crash like Luna. Bitcoin’s way steadier, and honestly, if any crypto gets into retirement plans, it has to be Bitcoin.
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guru07Member
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#2Jun 30, 2019, 11:22 PM
Totally agree about altcoins. They’re way too shaky and lack the same store of value that Bitcoin has. When thinking about retirement, you need a solid strategy. Just a little Bitcoin investment can pave the way for financial freedom down the line.
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the_satNewbie
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#3Jul 3, 2019, 03:46 AM
I see the point about Bitcoin in 401(k)s boosting long-term investment confidence, but these plans are usually low risk and low returns. Bitcoin doesn’t really fit that mold, so a lot of people are worried about this idea.
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#4Jul 5, 2019, 02:13 PM
Right? They want to keep the wealth gap wide. If you look at Bitcoin’s price history, it’s not that risky. Sure, I took some hits when it dropped below 70k, but I’m sticking with my DCA strategy. If Bitcoin gets included, workers could really benefit in the long run.
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mike23Member
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#5Jul 7, 2019, 02:59 AM
Exactly! If the folks managing this have a solid understanding of Bitcoin, they’re probably on board. But those who don’t get it might freak out about the price swings. If only there were more educational programs on Bitcoin, people would see it’s a solid long-term asset.
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#6Jul 7, 2019, 06:17 AM
You nailed it. Altcoins really shouldn’t enter 401(k) plans. But you know the execs will push for it, especially if they can fund political campaigns like SBF did. It’s frustrating because we know many altcoins might just end up like Luna.
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im_cobraFull Member
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#7Jul 7, 2019, 08:56 AM
Wait, Bitcoin might actually get into 401(k)s? That’s huge! If a lot of money moves into Bitcoin from those funds, it could spark the next bull run. But let’s be real, for long-term plans, a well-rounded stock portfolio can also offer great returns, maybe even better than Bitcoin in a few decades.
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