Why you are better off long-term holding Bitcoin instead of a 401k, Roth RIA or Savings Account! 💰
Many say, "You should get a 401k or Roth IRA." Even worse is "Get a Savings Account." The interest earned on a Savings account is a fraction of the inflation rate. Del breaks down in 5 points why Bitcoin is a safer long-term savings vehicle than a 401k, Roth IRA, or anything for that matter. Don't trust verify! Bitcoin is the 401k now, millennials and Gen Z's, you don't want to miss this one!!
Short term volatility are blips compared to the overall growth of Bitcoin and the steady loss of value for the US Dollar.
Everyone should strive to own at least 1/10th of a Bitcoin for retirement. You do not need to own an entire Bitcoin unless you can safely afford it.
Make sure to buy a quality Cold Storage wallet and hold your own keys! NEVER leave Bitcoin on an Exchange! That exchange may not exist by the time you retire!
Original Video by Simply Bitcoin: https://www.youtube.com/watch?v=llsCQ_wA9bg
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