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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Woman, 51, Puts 100% of Her Retirement Into Bitcoin and Refuses to Spend Money on Anything Else

The woman nearing retirement has complete faith in Michael Saylor's Bitcoin philosophy. (Credit: Google Gemini generated image)

At 51, with retirement getting closer, most investors would be thinking about reducing portfolio risk. However, one woman has done almost the exact opposite. She said that 100% of her retirement is invested in bitcoin, while even her battered car takes a back seat to buying more of the cryptocurrency.

'I have managed to acquired one bitcoin... I don't want to cash it in,' the woman told MarketWatch, arguing that bitcoin is not in a bubble and that she would buy more if she had the money. Her strategy is built around the principle of buying, holding, and riding out the BTC price crashes.

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