Topic: Investing in bitcoins for future kids (Read 1595 times)
Invest now, do not think that you will do it tomorrow. Tomorrow may be too late.
With a limited supply and increasing demand, of course bitcoin is the right choice and promises to get many benefits for us in the future, especially lately many investors have started to adopt bitcoin, so it is very possible that the price of bitcoin will continue to rise slowly.
That's true, bitcoin is still new because there are still a lot of people who dont have knowledge about what it is, in the future if all people already have knowledge in cryptocurrency then for sure they will tend to invest in bitcoin and altcoin which can make the value of bitcoin higher, so this time is a really good time to invest for our future kids, they will benefit from this a lot and we should tell them and give them knowledge about cryptocurrency as well. 
When BTC reaches $30,000, buy some so that in about 10 years we will know how profitable it is and will ensure your profits are more stable.
I think this is a reasonable thought. When I have more money, I will try investing for my children. I will buy bitcoin and not trade it. but i will keep it and sell it when my kids grow up. I am sure that what I do will be profitable in the future.
Its going $29,000 now. I guess it will further go down because investors are afraid they might loose more with this dump. But wise investors will surely take advantage on this price to accumulate more. Lets just keep watching and see how this dump will unfold.
Wise investors will wait though, they will not grab this while the action still hot, it's more on waiting and doing good research
before dealing with the market,
Chance to go for more dump is still possible , it's always good to wait for some time and see if there's imfluece that will change
the momentum.
As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
Need your thoughts on this tho'...
Strategize properly , not all coins are bad . Choose a coin that has a good future. Like ETH for example. He was when he went down but could come back up again steadily and quickly. I've been holding this coin since the price was around $200 and now I'm reaping the rewards of my investment for several years. So if you want long term, choose a coin with a better future and keep analyzing. Need your thoughts on this tho'...
the best thing to do for the future is one of them is to buy bitcoin, this is a very useful investment for a long-term process, moreover this is the lowest price point to buy as much as possible don't sell it in a short time, if indeed the price is not stable we can also save it if the price doesn't match what we bought.Because the potential loss is very minimal in a bitcoin investment. As long as it can still be traded then the price will certainly go up and down, it's up to us to decide for the buying and selling process for that price
As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
Need your thoughts on this tho'...
Need your thoughts on this tho'...
As you have mentioned, cryptocurrency is volatile. It's really uncertain if the coins we hold today are still of value in the future. Remember, bitcoin is a speculative asset. However, if you really want so bad to have crypto as your investment for your children, then you should take a look at the chart, read some articles, and study the coins fundamentals and history. That way, you can smart guess what would be the status and potential of the coin you are thinking of investing in.
In addition, I suggest you add another investment vehicle for your kids and not just rely on crypto. It's still better to diversify than store all your funds in one asset. You can put it in other investment vehicle that you trust to work and earn for the long term. There are many other investments that are safe and could generate nice interests after a span of time.
When BTC reaches $30,000, buy some so that in about 10 years we will know how profitable it is and will ensure your profits are more stable.
I think this is a reasonable thought. When I have more money, I will try investing for my children. I will buy bitcoin and not trade it. but i will keep it and sell it when my kids grow up. I am sure that what I do will be profitable in the future.
Its going $29,000 now. I guess it will further go down because investors are afraid they might loose more with this dump. But wise investors will surely take advantage on this price to accumulate more. Lets just keep watching and see how this dump will unfold.
When BTC reaches $30,000, buy some so that in about 10 years we will know how profitable it is and will ensure your profits are more stable.
I think this is a reasonable thought. When I have more money, I will try investing for my children. I will buy bitcoin and not trade it. but i will keep it and sell it when my kids grow up. I am sure that what I do will be profitable in the future.
Bitcoin might not multiply 500x since we have reached a 5 digit value, but we can still gain a great amount of profit by saving it now.
Still, the risk is present; we can see how influence can control its value. Expanding your portfolio could be a safer choice.
Still, the risk is present; we can see how influence can control its value. Expanding your portfolio could be a safer choice.
There's nothing wrong, especially if you have more money, of course it's a good opportunity to invest in bitcoin which even though it fluctuates but for the long term.. I'm sure it won't be in vain.
Bitcoin has earned humanity's trust due to its humble beginning and how its value has progressively increased ever since. Any long term investment during the course of those years would earn the holder thousands of dollars this present day.
A long term investment in Bitcoin for your kids now would be a thoughtful thing you did as a parent. Considering the fact that 1 Bitcoin was worth a cent in the year 2010 and now it is worth $32,695. Even with the market's stability be sure that long term investment in Bitcoin is worth it.
A long term investment in Bitcoin for your kids now would be a thoughtful thing you did as a parent. Considering the fact that 1 Bitcoin was worth a cent in the year 2010 and now it is worth $32,695. Even with the market's stability be sure that long term investment in Bitcoin is worth it.
As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
Need your thoughts on this tho'...
Need your thoughts on this tho'...
Always make sure to buy coins that have high trust from the community, I usually see them in coinmarketcap. there you can choose the top 10 to 30 coins usually have good potential for the future. Try not to invest in new projects, because it has the potential of a scam, teach children the basics of investing.
It depends on your profile investment, if you think bitcoin is too risky and isn't match with your profile investment then you should choose another investment.
But for me, i go all in on this investment because i know everything about what i invested in, so even tough the price not fulfill my expectation i'm okay about that because it's my own decision.
But for me, i go all in on this investment because i know everything about what i invested in, so even tough the price not fulfill my expectation i'm okay about that because it's my own decision.
Bitcoin is not restricted by countries and regions. The decentralization, irreversibility, and traceability of the blockchain can solve social problems well. The emergence of cryptocurrency has provided more opportunities for everyone to explore the new world, waiting for better technology to change our lives, and waiting for the return of investment in digital assets.
Future of btc is bright ,because go beck some years and than see the hype of bitcoin you can predact easy .No need to see current market situation , because old and big traders know very well about bitcoin they know current situation .If you go 3 or 4 yesrs ago the situation of market wat exactly same like this.So bitcoin reinvestment will be good future for kids , because of many companies taking interest in bitcoin.
When BTC reaches $30,000, buy some so that in about 10 years we will know how profitable it is and will ensure your profits are more stable.
It won't take that much years to see how much bitcoin would be worth for retirement. But in less than 10 years, starting today, we're going to see how much gain someone who holds 1 bitcoin by that time.Even in bearish times, bitcoin is already profitable. It's all up to you how you look to the current market but each market is profitable if it's for bitcoin.
HODLing has some benefits like this also. We are not holding some Bitcoins just for our future, it is for our kids also. Who would say no to the possibility of seeing their kids having a strong financial condition?
If that is the case then I need to study the market closely and see which I can invest with and probably just wait for many years maybe 10 years and see how the coin will fare. I just want to be sure that my passwords are all right and I will be able to track them with my cellphone (if there would be apps that can save the data). Right now I am in some sort of window shopping right now. And here are my choices; BTT, TRX, Cardano, and Siacoin. Which of these do you think would be the best investment that can wait for a long time?
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BTC future was predicted to reach $200k and that target can be only achieved when the price crosses the barrier of $100k. Currently, BTC is in unstable position and it can not be trusted.
$200k is quite euphoric price on the current price. I wonder if the price will still reach $100K considering how much Bitcoin received when it peaks at 60K while there is a lot of institutional investors already have position on it. The best chance for crypto to reach that legendary milestone was when billionaires start surging in and not one Billionaire(Elon) is playing and manipulating the crypto market.
BTC future was predicted to reach $200k and that target can be only achieved when the price crosses the barrier of $100k. Currently, BTC is in unstable position and it can not be trusted.
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