Decided not to pay social security, only invest in Bitcoin!
I chose to buy Bitcoin with the money for social security, and there are two investment strategies:
1. Invest 1,000 yuan per month for 20 years, withdraw the currency once a year as a pension, and sell part of it every month for living expenses after retirement.
2. Buy 240,000 Bitcoins at one time, transfer them to a wallet for storage, and sell part of them every month for living expenses after retirement.
According to data from the National Social Security Fund, since its establishment, the average annual investment return rate of social security has been 7.66%. If the average annual increase of Bitcoin exceeds this level, the final return will be better than social security.
Predicting the future through historical performance is like judging whether a student can go to college. If a student performs well in elementary school, junior high school, and high school, then he has a high probability of going to college in the college entrance examination. Similarly, if an asset has performed well in history, it is likely to perform well in the future, such as Maotai, US stocks, and Bitcoin.
Compared with the 7.66% return rate of social security, let's take a look at the increase in Bitcoin in the past decade.