Cryptocurrencies Pose Risks to Retirement Savings

The use of cryptocurrencies in retirement savings has gained attention recently due to a presidential executive order that makes it easier to invest in digital assets.

However, the article raises concerns about the suitability of crypto for long-term investments. One major issue is price volatility, which can result in significant losses if investors buy near peak prices. For instance, Bitcoin's value plummeted by over 30% in a short period in late 2025, wiping out decades of savings.

Another concern is that cryptocurrencies do not generate tangible value or provide regular income streams, unlike traditional investments like stocks and bonds.

Lastly, the article highlights the ongoing threat of crypto-related scams and hacks, which can result in permanent losses for investors. According to the FBI's Internet Crime Complaint Center, Americans lost a record $9.3 billion to crypto-related scams in 2024, with most scams targeting older adults.