Investing 401K into BTC?
![]() | Millennial here. The rate of return of BTC compared to an investment retirement plan has proven to be insanely higher. I have accrued roughly $50K in my retirement portfolio. I am strongly considering pulling a percentage, or majority of these funds and buying BTC. My family thinks I am insane to take this risk. Yet, they have no understanding or faith in crypto, but somehow are amazed that the value has grown over 200,000% since I have obtained. I am educated of the risks, fees and taxes that come with the action of drawing from my 401K. I have full faith that rewards will outweigh the risks in short term. I do have a financial advisor as well. I’m looking for advice from fellow BTC holders. Would you or have you moved an employer based 401K to buy more BTC? [link] [comments] |