Topic: Investing in bitcoins for future kids - page 2. (Read 1608 times)

Well it's always the basic point made of "Don't invest more than you can afford to lose"
It's ever so likely that the price will be higher some time in the future, but there's no guarantees of when.
Then the question becomes, when in the future will they want or need to spend it?

I did this many years ago when BTC was around $60-$80 (and I was broke) but now my kids 1 BTC is each worth around 500 times that.
I have had them make comment about selling it before, but I've always said, and continue to say, they should wait.

Alas, however, it is quite unlikely to expect another 500 times price rise.

If you want to buy BTC for the future, still try and buy it at a dip, so that the future value is a greater multiplier of when you got it.
BTC history has always shown peaks and dips, though that history is quite different to today, due to now being probably the highest level of institutional involvement in BTC so far.
I'd suggest that the more institutional involvement there is, the more stable the price will become.

So bottom line, in my opinion, we are still in the throws of large % price changes, so those large %'s can be much higher than most other passive long term investment, so it still looks like a bright future even 5 or 10 years down the track.
Just don't blow it by investing more than you can afford for them in the future, make sure they're still ok until then.

Yeah, we should think about the future for our kids also. Even if we start to hold some amount of Bitcoin now, our kids may even get rich thanks to us and a huge increase in the price over the years. 

There is no better investment long-term than bitcoin. Bitcoin is the same bitcoin that was valued at a fraction of a cent each a little over a decade ago... when considering it now, why is it valued sooooo much higher? because it has been adopted by more people... but still relatively speaking, a very small percentage of the world population knows about crypto. A fraction of one percent.

So the question to ask in terms of whether bitcoin is a good investment or not, is this: do we think it's going to be known by more people or less people as time goes on?

There is nothing better that you can do for your kids in the long term than to invest for them in bitcoin.

Leaving the private key to the kids need to be done through some legal service after the person's death. Because, if the private keys were provided earlier, sometimes the kids will take control of the funds and leave the parents without giving care. The kids of this generation are highly adoptive to technology and has the ability to grasp things very easily.

Just leave your private key with them and you are all good. Bitcoin is a good investment for your kids as long as you don't bring them with you when you die. If you forgot to give your private keys to the kids, it's all gone.

All your investment is for the future and the future includes your kids which what you have today should also belong to your kids when you're gone including your Bitcoin.

I guess people were thinking same when bitcoin was 100$, 1000$, 10000$. Nobody knows the future, people bought stocks for their kids and now there kids are enjoying those high valued stocks. I think bitcoin is a good investment for my kids thats why I am buying it, those who don't like it should go and buy stocks, gold or other stuff.

At present, the most commonly used Bitcoin may be transactions on the dark web. For most of us, Bitcoin has no practical application. But what we can find from this is that the relative liquidity of Bitcoin is very large. You have to choose to buy or sell Bitcoin, and only you can decide. The total amount of Bitcoin is constant. Buying Bitcoin is still relatively early, and there is still a lot of room for growth. Buying a little bit of Bitcoin to give to children within one's own ability can also be regarded as an investment in the future.

This is not a joke. There are already more advanced parents who choose to send encrypted assets to their children as an investment to help their children in the future. Of course, encrypted assets are not 100% completely secure, but once the blockchain technology succeeds. Then these digital assets are a lot of wealth for us in the future.

For now buy more and hold. Investing in bitcoins for the future of your kids is really a great idea and now that bitcoins price dropped more than 40%, I can say that it was a good time to buy and hold like you are savings in a bank. Bitcoin will surely be the future of your kids if you believe that it will increase more and make another record high. But always think more than twice before making some decision specially in this volatile world of bitcoin. Always be wise in investing!

Future kids, it's such a long time especially if you're still young now. Probably about ten or more years until your kids need money huh? If you're confident that bitcoin will last long of course it's a good choice, as we know that bitcoin price went higher and higher over time, so who knows that later in the future the price will be insanely high, and your kids will be getting lots of profit. However, bitcoin is not a really safe investment, it's risky and volatile, that's why we should be careful too and make the best decision, or just invest in bitcoin bit by bit, gain profit from it and turn the profit money into deposit. A safer option like that.

This is the best thing you could do to secure your child future. I am also slowly saving small bits both ETH and BTC in offline paperwallet. The key is hidden out my anyone hands as of this time to prevent unexpected spending on those savings.

Buying and holding coins as a form of investment for future children is a very good idea in my opinion .and a safe way to secure our children's future in long term assets other than Land, real gold, housing in their name
and I choose coins to buy very selectively, I believe bitcoin remains the best coin to buy. and become a virtual long-term asset

My thinking is that if I want to save for my child's future, I will keep the asset in the top 5 coins, and buy it when the market is correcting and sell it when I get a profit of approximately 10% of the initial cost, and I buy again when the correction is on the condition that bitcoin we have increases, I really believe bitcoin can be my children's savings for the future

With the price of Bitcoin down about 44% from the price of ATH, it is indeed a good opportunity to buy Bitcoin right now. Because we need to invest
in the long term, to be able to get big profits and can be used for the future of our children. I myself have proven since I was serious about
collecting Bitcoin in 2019, and I am holding it until 2021, finally able to take quite a large profit this year. Now that Bitcoin is experiencing a decline
in price, so don't waste the opportunity to be able to buy Bitcoin at a cheap price.

that means we give an inheritance that can increase the value of its assets over time
5-10 new years will feel how lucky to invest, this needs to be done so that the future is bright and there are no regrets

This is good idea, and should be try by everyone. By use small percentace of our asset to do, its can be huge amount after afew year. I also will do that by holding some different crypto, not only BTC but also others strong altcoins ,this can be life changing. Also for diversification of investment.

Investing in the future of children in Bitcoin is a good idea. I have it contemplated in my goals, I am investing in bitcoin for the university studies of my underage nephew and niece.
We are living a great moment, just the prelude to how the future of finance will be handled where we are the protagonists because we have chosen bitcoin and cryptocurrencies.

Take a look at this girl's profile on Twitter, her parents have decided a part of her future, in addition to instructing her about bitcoin.

https://twitter.com/LilyKnightShow?s=09

Other children examples who are investing in Stock market and Cryptocurrencies.

https://twitter.com/investor_2?s=09

https://twitter.com/missteencrypto?s=09

Always for our children it is good to have investments of all kinds, firstly we cannot put aside traditional investments, such as Real Estate, Gold, they are fundamental for those who have the blessing of being able to do so and if it is for their children a lot better, now Bitcoin is also an incredible investment, just having 1BTC just for them is something great, the reason is simple, as time passes BTC is valued much more, actually to make an appraisal about BTC is something too complicated because the price or value could be calculated at a maximum of 3 to 6 months and it would have to be updated, in the long term I know that it is a growing curve, that is why each investment in our children and children, no matter how small, always it must be done. In fact, in Venezuela, there is a teacher who teaches her students (Children) Bitcoin at the school where she teaches them.

I cant really blame out those kind of mentality yet i do have the same impressions when it comes to security.Its true that Bitcoin could give that opportunity or chance but we know that nothing is guaranteed.

People tend to play safe with those traditional banking system that we know and stick out on making out savings but i do agree that diversify on things which can potentially be giving out a brighter future for your kids.

Its up to the parents or guardian on how they would do it since we do have different impressions on things that do exist currently today in terms of
financial aspect.

People always scare to take the future of their children and invest in banks as their behalf but now Bitcoin is great opportunity to be own bank and invest for future of kids.It isn't as well late to contribute in bitcoin, you'll contribute at whatever point you need conjointly you'll purchase other coins on the advertise cap and I am lovely beyond any doubt that it may makes a difference you to develop your resources. But continuously keep in mind that the contributing in crypto als have risk factor involved so dont put all money at one place.