The best cryptocurrencies to buy for your retirement
For a long time, cryptocurrencies were not necessarily seen as an ideal asset class for retirement investments. Most people wanted solid first-class stocks or commodities like gold to safeguard their future. But that has changed dramatically in recent years as crypto continues to become a more common asset. Here’s why crypto assets make sense for retirement:
Although the crypto industry is a relatively new industry, it has seen wide adoption and growth over the last decade.
Furthermore, crypto assets in the last ten years have outperformed traditional retirement assets by a large margin.
The crypto industry is now too big to fail and can be trusted to pay off in the long run.
Obviously, many people would choose Bitcoin (BTC) as the ultimate retirement resource. But we believe that Bitcoin has already reached much of its potential. The following two coins are not yet available and could be huge in the next decade:
Solana (SOL)
Solana (SOL) is a smart contract blockchain designed to provide an innovative ecosystem for DApps development. Solana (SOL) is seen as Ethereum’s closest rival and has seen massive growth, especially in 2021.
But there is much more to come from Solana. At the time of writing, Solana (SOL) is trading at around $ 174. However, some analysts expect this coin to reach close to $ 3,000 by 2030. Therefore, it is a good option for investing in portfolios of long-term retirement investments.
Binance USD (BUSD)
The biggest concern for most crypto investors is volatility. This is why the idea of adding a stablecoin to your asset pool is always ideal. Binance USD (BUSD) offers such an opportunity.
Additionally, the BUSD is highly regulated and can be used to hedge against inflationary pressures from the US dollar. Also, BUSD always trades at a 1: 1 rate to the US dollar, which means that a single BUSD is equal to $ 1.