{"id":8574,"date":"2024-05-12T18:15:00","date_gmt":"2024-05-12T16:15:00","guid":{"rendered":"https:\/\/www.smolio.ch\/wissen\/bitcoin-for-retirement-provisionfive-reasons-against-it\/"},"modified":"2024-10-28T17:36:24","modified_gmt":"2024-10-28T16:36:24","slug":"bitcoin-for-retirement-provisionfive-reasons-against-it","status":"publish","type":"post","link":"https:\/\/www.smolio.ch\/en\/wissen\/bitcoin-for-retirement-provisionfive-reasons-against-it\/","title":{"rendered":"Bitcoin for retirement provision? 6 reasons against it"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Lesedauer<\/span> <span class=\"rt-time\"> 6<\/span> <span class=\"rt-label rt-postfix\">Minuten<\/span><\/span>\n<p data-block-type=\"core\">Thinking about Bitcoin for retirement provision? Bitcoin has attracted a lot of attention in recent years. Bitcoin is now also seen as a good investment option for old-age provision due to its constant all-time highs. Really now? Discover six important reasons why Bitcoin may not be a good idea for retirement provision in this article.<\/p>\n\n<!--more-->\n\n<p data-block-type=\"core\"><br\/>Crypto-assets, such as Bitcoin, are digital goods based on blockchain technology that can fulfill various purposes.\nHowever, despite its popularity and consistently high price gains, there are important reasons why we don&#8217;t think Bitcoin is a good choice for your retirement savings.\nIn this article, we explore these reasons in detail.  <\/p>\n\n<nav class=\"wp-block-stackable-table-of-contents stk-block-table-of-contents stk-block stk-29f721a stk-block-background\" data-block-id=\"29f721a\"><p class=\"stk-table-of-contents__title\">These are the topics covered in the article Bitcoin for retirement provision:<\/p><ul class=\"stk-table-of-contents__table\"><li><a href=\"#bitcoin-hat-hohe-kursschwankungen\">Bitcoin has high price fluctuations<\/a><\/li><li><a href=\"#der-bitcoin-preis-folgt-emotionalen-mustern-statt-wirtschaftlichen-regeln\">The Bitcoin price follows emotional patterns instead of economic rules<\/a><\/li><li><a href=\"#bitcoin-fur-die-altersvorsorge-bietet-keinen-inflationsschutz\">Bitcoin for retirement provision offers no protection against inflation<\/a><\/li><li><a href=\"#bitcoin-fur-die-altersvorsorge-bietet-keine-portfolio-diversifikation\">Bitcoin for pensions does not offer portfolio diversification<\/a><\/li><li><a href=\"#bitcoin-eignet-sich-nicht-fur-nachhaltige-esg-investitionen\">Bitcoin is not suitable for sustainable (ESG) investments<\/a><\/li><li><a href=\"#zusammenfassung-bitcoin-fur-die-altersvorsorge-ist-kein-gutes-match\">Summary: Bitcoin for retirement provision is not a good match<\/a><\/li><\/ul><\/nav>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-8c8653f\" id=\"bitcoin-hat-hohe-kursschwankungen\" data-block-id=\"8c8653f\"><h2 class=\"stk-block-heading__text\">Bitcoin has high price fluctuations<\/h2><\/div>\n\n<p data-block-type=\"core\">Bitcoin (BTC) is known for its large price fluctuations. In technical terms, this is known as volatility. A drawdown, i.e. the maximum loss in value until the original value is reached again, of 50 % frequently occurs with Bitcoin. Are you still sleeping so easy-peasy then? Of course, there have been exceptional years with returns of 150% (2023) or 300% (2020). But as rocket-like as Bitcoin&#8217;s rise was, the crashes were just as painful: around 2022 and 2018, Bitcoin fell by 64% and 74% respectively. Losing thousands of dollars per BTC in a few weeks is not for the faint-hearted. Are you Mr. or Ms. Steel and can sit out such losses? \ud83e\udea8<\/p>\n\n<p data-block-type=\"core\">When it comes to investments, there is not always a clear dividing line between investment and speculation. While some investments focus on future value creation, other investments tend to follow the Greater Fool theory &#8211; you hope that someone else will pay more for it later than you. And bitcoins &#8211; like gold &#8211; therefore tend to belong in this category in our view. Because unlike bonds, real estate or equity investments, they don&#8217;t work for you and don&#8217;t generate any returns. If nobody wants more bitcoins, the price party is over. \ud83c\udf89 There is nothing behind Bitcoins. No real equivalent value. When fears arise of (take your pick: Bankruptcy of a crypto exchange, crypto bank, news of a tech billionaire or on regulation, etc.), prices can plummet quickly and dramatically &#8211; or rise.         <\/p>\n\n<p data-block-type=\"core\">Are crypto-assets merely speculative or do they really represent a disruptive renewal of the financial system and create value? We think they lie in the gray area between investment and speculation. Depending on how you read it, more there or there.  <\/p>\n\n<p data-block-type=\"core\"><strong>The fact is: <\/strong>the recent &#8220;crypto winter&#8221; (November 2021 to November 2022) shows us that the value of Bitcoin is extremely volatile.\nThis brings high volatility and (book) losses to your portfolio.\nThe high volatility makes it difficult to view Bitcoin as a long-term investment for retirement planning.  <\/p>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-d4f1e26\" id=\"der-bitcoin-preis-folgt-emotionalen-mustern-statt-wirtschaftlichen-regeln\" data-block-id=\"d4f1e26\"><h2 class=\"stk-block-heading__text\">The Bitcoin price follows emotional patterns instead of economic rules<\/h2><\/div>\n\n<p data-block-type=\"core\">The behavior on the crypto market is very emotional. People tend to get greedy when the market goes up, which leads to FOMO (fear of missing out). Also, many sell their coins in an irrational reaction when things go bad.    <\/p>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-304bfe4\" data-block-id=\"304bfe4\"><div class=\"stk-row stk-inner-blocks has-text-align-left stk-block-content stk-content-align stk-304bfe4-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-b929491\" data-v=\"4\" data-block-id=\"b929491\"><style>@media screen and (min-width: 768px){.stk-b929491 {flex:var(--stk-flex-grow, 1) 1 calc(65% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-b929491-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-b929491-inner-blocks\">\n<p data-block-type=\"core\">The <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fear and Greed Index<\/a> uses various influencing factors to determine the current sentiment on the Bitcoin market and translates this into a simple scale from 0 to 100. Zero means &#8220;extreme fear&#8221;, while 100 means &#8220;extreme greed&#8221;. (Incidentally, there is also a history on the <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\" target=\"_blank\" rel=\"noreferrer noopener\">website<\/a> ). There are two simple assumptions:   <\/p>\n\n\n\n<ul class=\"wp-block-list\" data-block-type=\"core\">\n<li data-block-type=\"core\">Extreme fear can be a sign that investors are too worried. This could be a buying opportunity. <\/li>\n\n\n\n<li data-block-type=\"core\">If investors get too greedy, it means the market is due for a correction.<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4c4e678\" data-v=\"4\" data-block-id=\"4c4e678\"><style>@media screen and (min-width: 768px){.stk-4c4e678 {flex:var(--stk-flex-grow, 1) 1 calc(35% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4c4e678-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4c4e678-inner-blocks\">\n<img decoding=\"async\" src=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index.png\" alt=\"Latest Crypto Fear &#038; Greed Index\" title=\"\">\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n<p data-block-type=\"core\"><strong>The fact is:<\/strong> &#8220;Value is what you get, price is what you pay&#8221; (quote from Warren Buffet, US self-made stock market billionaire). Bitcoin is not a sensible investment for retirement provision because pricing is largely based on emotions and not on economic developments. It is impossible to calculate how prices will develop at the time of your retirement (or until then).  <\/p>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-de55274\" id=\"bitcoin-fur-die-altersvorsorge-bietet-keinen-inflationsschutz\" data-block-id=\"de55274\"><h2 class=\"stk-block-heading__text\">Bitcoin for retirement provision offers no protection against inflation<\/h2><\/div>\n\n<p data-block-type=\"core\">Some cryptocurrencies (such as Bitcoin) are designed in such a way that their quantity is limited, which could make them resistant to inflation.\nAs a result, they could increase in value over time due to scarcity and offer protection against inflation &#8220;as digital gold&#8221;, so the argument goes.\nBut: firstly, the last halving in April 2024 only reduced the amount of new bitcoins paid out to miners as a reward for mining new bitcoins.\n\u2692\ufe0f And secondly, this scarcity argument also applies to shares in real, value-creating companies, which often even pursue buyback programs and thus increase the value per share by reducing the number of shares in circulation.   <\/p>\n\n<p data-block-type=\"core\"><strong>The fact is: <\/strong>In 2021, inflation rose significantly in many countries, while Bitcoin showed no significant countermovement.\nOn the contrary, as central banks raised interest rates to combat inflation, Bitcoin fell by 77% during the crypto winter.\nThis suggests that Bitcoin is not as effective a hedge against inflation for retirement savings as some claim.  <\/p>\n\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-c84f596\" data-block-id=\"c84f596\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-7829\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28180039\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-2.webp\" width=\"1200\" height=\"800\" alt=\"Bitcoin for retirement provision\" title=\"\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28180039\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-2.webp 1200w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28180039\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-2-800x533.webp 800w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28180039\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-2-315x210.webp 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28180039\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-2-768x512.webp 768w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28180039\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-2-360x240.webp 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28180039\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-2-400x267.webp 400w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/span><\/figure><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-a11c0ac\" id=\"bitcoin-fur-die-altersvorsorge-bietet-keine-portfolio-diversifikation\" data-block-id=\"a11c0ac\"><h2 class=\"stk-block-heading__text\">Bitcoin for pensions does not offer portfolio diversification<\/h2><\/div>\n\n<p data-block-type=\"core\">Bitcoin is repeatedly presented as a diversification instrument for other asset classes.\nIn fact, the risk\/return potential of a portfolio can be improved by adding suitable investments.\nUnfortunately, this does not work with bitcoins.  <\/p>\n\n<p data-block-type=\"core\">A (new) coin whose mechanism is admired today may be a discontinued model tomorrow.\nImagine you invested in a fund with the 10 largest cryptocurrencies by market capitalization in 2014.\nWhat has become of it? <a href=\"\">Deadcoins.com<\/a> lists around 2,000 digital currencies that no longer exist.\nAccording to <a href=\"\">Coinmarketcap<\/a>, only 3 of your top 10 picks at the time (Bitcoin, XRP, Dodgecoin) are still in the top 10 &#8211; only BTC remains at number 1. You can&#8217;t afford a total loss on a long-term investment for retirement provision.\nBut with cryptocurrencies, this cannot be ruled out.\nThat&#8217;s your biggest risk.\nIf you still want to take the risk, please do.\nBut please not &#8220;all in&#8221; and not &#8220;for longer&#8221; \ud83d\ude09       <\/p>\n\n<p data-block-type=\"core\"><strong>The fact is that <\/strong>cryptocurrencies have &#8211; so far &#8211; suffered even greater slumps in times of crisis than the volatile stock markets.\nDuring the Covid pandemic in 2020, Bitcoin experienced much sharper price declines than the stock market.\nIt lost half of its value in two days.\nBitcoin&#8217;s value also halved at the outbreak of the Ukraine war.\nBitcoin therefore tends to behave procyclically.\nThis <em>increases<\/em> the risk for your portfolio.\nFor a stable retirement provision portfolio, however, you need broad diversification, an opposite movement to equity risk.\nAdding Bitcoin to your pension portfolio will not improve diversification &#8211; on the contrary.       <\/p>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-6d1c158\" id=\"bitcoin-eignet-sich-nicht-fur-nachhaltige-esg-investitionen\" data-block-id=\"6d1c158\"><h2 class=\"stk-block-heading__text\">Bitcoin is not suitable for sustainable (ESG) investments<\/h2><\/div>\n\n<p data-block-type=\"core\">Many investors today are no longer indifferent to what they finance with their money.<em>&#8220;My money should do good &#8211; or at least no harm<\/em>&#8221; is how <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/impact-investing-or-sustainable-investing-with-esg\/\">ESG investing<\/a> can be summarized. \ud83c\udf0d However, the high energy consumption of Bitcoin and other cryptocurrencies is in stark contrast to the basic principles of sustainable investing. Investing in Bitcoin for retirement provision clearly contradicts ESG standards.  <\/p>\n\n<p data-block-type=\"core\">Because the fact is: Bitcoin&#8217;s annual energy consumption amounts to hundreds of terawatt hours.\nDo you really think this ecological footprint is justifiable? <\/p>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-7f8e3d8 stk-block-background\" data-block-id=\"7f8e3d8\"><style>.stk-7f8e3d8 {background-color:#02b875 !important;}.stk-7f8e3d8:before{background-color:#02b875 !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-7f8e3d8-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-f08d2fd\" data-v=\"4\" data-block-id=\"f08d2fd\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-f08d2fd-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-f08d2fd-inner-blocks\">\n<h3 class=\"wp-block-heading has-white-color has-text-color\" id=\"h-review-wer-bietet-saule-3a-mit-kryptowahrungen-an\">Review: Who offers pillar 3a with cryptocurrencies?<\/h3>\n\n\n\n<div class=\"wp-block-stackable-posts stk-block-posts stk--has-container stk-block stk-36edb37 alignwide is-style-horizontal-2\" data-v=\"2\" data-block-id=\"36edb37\"><style>.stk-36edb37 {--stk-columns:1 !important;}.stk-36edb37 .stk-block-posts__image-link:not(:empty){width:25% !important;}.stk-36edb37 .stk-img-wrapper{height:100% !important;}@media screen and (max-width: 767px){.stk-36edb37 .stk-block-posts__image-link:not(:empty){width:100% !important;}}<\/style><div class=\"stk-inner-blocks stk-content-align stk-36edb37-column alignwide\"><div class=\"stk-block-posts__items\"><div class=\"stk-block-posts__item\"><div class=\"stk-container stk-36edb37-container stk-hover-parent\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-bitcoin-the-crypto-pioneer-of-pillar-3a\/\" class=\"stk-block-posts__image-link\"><figure class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc.webp\" class=\"attachment-full size-full wp-post-image\" alt=\"finpension bitcoin\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc.webp 1200w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-800x533.webp 800w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-315x210.webp 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-768x512.webp 768w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-360x240.webp 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/22222309\/Smolio_blog_finpension-Bitcoin_golden-bitcoins-cryptocurrency-2023-11-27-05-06-03-utc-400x267.webp 400w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" title=\"\"><\/figure><\/a><article class=\"stk-container-padding\"><h3 class=\"stk-block-posts__title\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-bitcoin-the-crypto-pioneer-of-pillar-3a\/\">finpension Bitcoin: the crypto pioneer of pillar 3a<\/a><\/h3><div class=\"stk-block-posts__excerpt\"><p>With finpension Bitcoin, you have been able to invest 100% of your pillar 3a in Bitcoin since January 2024.<br \/>\nInvesting in cryptos has been possible with finpension since 2021.<br \/>\nWe check the offer.<br \/>\nDiscover everything you need to know about finpension bitcoin in the article.   <\/p>\n<\/div><a class=\"stk-block-posts__readmore\" href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-bitcoin-the-crypto-pioneer-of-pillar-3a\/\">Continue Reading<\/a><\/article><\/div><\/div><div class=\"stk-block-posts__item\"><div class=\"stk-container stk-36edb37-container stk-hover-parent\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/viac-bitcoin-crypto-precaution\/\" class=\"stk-block-posts__image-link\"><figure class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc.webp\" class=\"attachment-full size-full wp-post-image\" alt=\"VIAC S\u00e4ule 3a Bitcoin\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc.webp 1200w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-800x533.webp 800w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-315x210.webp 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-768x512.webp 768w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-360x240.webp 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/06151650\/Smolio_Blog_VIAC-Saule-3a-Bitcoin_bitcoin-growth-bitcoin-coins-on-the-ground-and-le-2023-11-27-05-09-44-utc-400x267.webp 400w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" title=\"\"><\/figure><\/a><article class=\"stk-container-padding\"><h3 class=\"stk-block-posts__title\"><a href=\"https:\/\/www.smolio.ch\/en\/wissen\/viac-bitcoin-crypto-precaution\/\">VIAC Bitcoin 2024: crypto precautions?<\/a><\/h3><div class=\"stk-block-posts__excerpt\"><p>With VIAC, you can now invest in 100% Bitcoin in your pillar 3a.<br \/>\nThe high price fluctuations make many people dream of quick money.<br \/>\nDo you need Bitcoin in your pension plan?  <\/p>\n<\/div><a class=\"stk-block-posts__readmore\" href=\"https:\/\/www.smolio.ch\/en\/wissen\/viac-bitcoin-crypto-precaution\/\">Continue Reading<\/a><\/article><\/div><\/div><\/div><div class=\"stk-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-ec38503\" id=\"bitcoin-unterliegt-regulatorischen-unsicherheiten\" data-block-id=\"ec38503\"><h2 class=\"stk-block-heading__text\">Bitcoin is subject to regulatory uncertainties<\/h2><\/div>\n\n<p data-block-type=\"core\">Bitcoin and other cryptocurrencies are facing increasing regulatory involvement and possible restrictions.\nIt is understandable that central banks and governments will regulate digital currencies more strictly and will not relinquish their monopoly on money creation and thus monetary sovereignty.\n\ud83c\udfdb\ufe0f If you ask me, stricter regulation will not be without consequences for the price trend.\nThe long-term impact on the value of Bitcoin is unclear.   <\/p>\n\n<p data-block-type=\"core\"><strong>The fact is<\/strong> that many countries and central banks are taking measures to regulate trading in cryptocurrencies or even issue their own digital currencies (Central Bank Digital Coins, CBDC).\nThese changes can affect the price development of Bitcoin and increase your risk. <\/p>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-9b9dac1\" id=\"zusammenfassung-bitcoin-fur-die-altersvorsorge-ist-kein-gutes-match\" data-block-id=\"9b9dac1\"><h2 class=\"stk-block-heading__text\">Summary: Bitcoin for retirement provision is not a good match<\/h2><\/div>\n\n<p data-block-type=\"core\">While Bitcoin has historically delivered high returns and can potentially deliver positive performance in the future, there are important reasons not to use Bitcoin for retirement planning.\nThe crypto winter of 2022 showed that crypto assets work neither as inflation protection nor as a diversification tool for your portfolio.\nRather, a crypto addition substantially increases the return and risk in your portfolio, as a <a href=\"\" target=\"\" rel=\"noopener\">study<\/a> by Morningstar has shown.\nWith Bitcoin, you are making a bet on the future: &#8220;hey, tomorrow and (in 30 years) someone will surely pay more for my Bitcoin than I paid!&#8221;\nTo make this bet, you are buying a digital asset that itself has no return.\nIf that&#8217;s not a &#8220;principle of hope&#8221;.\n\ud83e\udd37 Furthermore, investing in crypto assets contradicts responsible ESG investing.      <\/p>\n\n<p data-block-type=\"core\">The bull market in early 2024 will be fueled by technical cycles (the regular halving) and regulatory decisions (the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission (SEC)).\nIf you want to ride the crypto wave, we think you&#8217;re better off doing so with money you don&#8217;t need for your retirement.\nThen you also have the advantage that any price gains remain tax-free.\nAfter all, capital gains on pension assets are subject to <a href=\"\">capital gains tax<\/a>.   <\/p>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-3112f5f stk-block-background callout\" data-block-id=\"3112f5f\" data-block-type=\"core\" data-block-type=\"core\"><style>.stk-3112f5f{background-color:#02b875 !important;margin-bottom:40px !important}.stk-3112f5f:before{background-color:#02b875 !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-3112f5f-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4a4cbd5\" data-v=\"4\" data-block-id=\"4a4cbd5\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4a4cbd5-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4a4cbd5-inner-blocks\">\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-fe9674b\" data-block-id=\"fe9674b\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-827\" src=\"https:\/\/www.smolio.ch\/wp-content\/uploads\/2017\/08\/Vorsorgecheck-live_Einkommensu&#x308;bersicht-niedergelassene_Smolio-Wissen.png\" width=\"800\" height=\"566\" alt=\"Smolio pension check shows income in retirement with Pensions 2020\" title=\"\"><\/span><\/figure><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4891e88\" data-v=\"4\" data-block-id=\"4891e88\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4891e88-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4891e88-inner-blocks\"><p data-block-type=\"core\"><div class=\"mautic-slot\" data-slot-name=\"c2a-blog-finanzdashboard\"><\/p>\n<h3>Mach den ersten Schritt zur finanziellen Unabh\u00e4ngigkeit<\/h3>\n<p> In einer Minute siehst du deine Verm\u00f6gensentwicklung und dein Einkommen w\u00e4hrend der Rente. <\/p>\n<p> <a href=\"https:\/\/cockpit.smolio.ch\/de\/vorsorgecheck\/start\/1\/\" target=\"_blank\" rel=\"noopener\">Rentenrechner starten<\/a> <\/p>\n<p><\/div><\/p>\n<\/div><\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Thinking about Bitcoin for your retirement savings?<br \/>\nWith all-time highs being reached, some people are considering Bitcoin as a good investment option for their retirement savings.<br \/>\nDiscover five key reasons why this might not be a good idea in this article.  <\/p>\n","protected":false},"author":8,"featured_media":7824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2374],"tags":[2392,2393,2391,2262,2390,2203],"class_list":{"0":"post-8574","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-alternative-investments","8":"tag-bitcoin-en","9":"tag-crypo-assets-bitcoin-en","10":"tag-cryptocurrency-en","11":"tag-pillar-3a","12":"tag-provision-for-old-age","13":"tag-retirement-provision"},"nelio_content":{"autoShareEndMode":"never","automationSources":{"useCustomSentences":false,"customSentences":[]},"efiAlt":"","efiUrl":"","followers":[],"highlights":[],"isAutoShareEnabled":false,"networkImageIds":[],"permalinkQueryArgs":[],"series":[],"suggestedReferences":[]},"featured_image_urls_v2":{"full":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge.webp",1200,800,false],"thumbnail":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-315x210.webp",315,210,true],"medium":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-800x533.webp",800,533,true],"medium_large":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-768x512.webp",768,512,true],"large":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge.webp",1140,760,false],"1536x1536":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge.webp",1200,800,false],"2048x2048":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge.webp",1200,800,false],"davenport-blog-thumb":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-1140x694.webp",1140,694,true],"davenport-blog-thumb-grid":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-555x360.webp",555,360,true],"davenport-blog-thumb-widget":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-220x180.webp",220,180,true],"davenport-blog-thumb-masonry":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-360x240.webp",360,240,true],"woocommerce_thumbnail":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-300x300.webp",300,300,true],"woocommerce_single":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-400x267.webp",400,267,true],"woocommerce_gallery_thumbnail":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/28151558\/Smolio_Blog_Bitcoin-fur-die-Altersvorsorge-300x300.webp",300,300,true]},"post_excerpt_stackable_v2":"<p>Thinking about Bitcoin for your retirement savings?<br \/>\nWith all-time highs being reached, some people are considering Bitcoin as a good investment option for their retirement savings.<br \/>\nDiscover five key reasons why this might not be a good idea in this article.  <\/p>\n","category_list_v2":"<a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/alternative-investments\/\" rel=\"category tag\">Alternative investments<\/a>","author_info_v2":{"name":"Thomas","url":"https:\/\/www.smolio.ch\/en\/wissen\/author\/thomas\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/comments?post=8574"}],"version-history":[{"count":5,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8574\/revisions"}],"predecessor-version":[{"id":9269,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8574\/revisions\/9269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media\/7824"}],"wp:attachment":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media?parent=8574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/categories?post=8574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/tags?post=8574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}