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Topic: Investing in bitcoins for future kids - page 3. (Read 1595 times)

hero member
Activity: 1302
Merit: 503
June 02, 2021, 12:35:57 PM
A few years ago only a small number of people knew about the existence of bitcoin and other cryptocurrencies. Today literally everyone is talking about them from the world's top investors to housewives and office clerks everyone knows the use of bitcoin and their future is bright through investment bitcoin's long term investment is very profitable. It's a good idea to invest in bitcoins for future kids in addition to the long term investment your children will make a profit as they grow up and have a bright future.
- A pretty good prospect when we invest in bitcoin for kids but this choice seems to be setting the parameters too well, bitcoin is not as stable in the long run as imagined, huge drop in value is a common occurrence, in case things get worse in the future, the bright future that we have thought about in this moment can turn into darkness in the lives of children. I see stocks that will be more stable for the future, at least the top companies will not be able to go bankrupt, even rise to become top businesses, stocks would be more valuable to the kids
sr. member
Activity: 1988
Merit: 453
June 02, 2021, 09:05:47 AM
Investing for the kids means that you need to store the coins for at least 10-15 years. I am a big supporter of long term HODL, but this is a bit too long. You need to review the future potential of Bitcoin after every 2-3 years. And Bitcoin itself is only around 12 years old. How can you be 100% confident that it is going to survive for another 15 years? There is always a chance that a better innovation may be able to replace Bitcoin as the no.1 cryptocurrency. What you will do if that happens?
full member
Activity: 1344
Merit: 103
June 02, 2021, 08:55:38 AM
For me investing bitcoin can get so much profit and good for long time investment and its good to save for the future of our kids.  That is the best for me because i see the history of bitcoin that can make awesome to many people.
hero member
Activity: 2520
Merit: 783
June 02, 2021, 08:11:48 AM
Even if you save some low fractions from your earnings still its good decision to save since imagine how possibly big the profit turnout for your kids in future if you do this. I'm sure bitcoin will stay for long term so if we talk many halving years to come for sure we can see more price hike since this is what happen for the past especially when halving event came.
newbie
Activity: 7
Merit: 0
June 02, 2021, 07:47:41 AM
Yes, it is good to hold bitcoin right now for the future of our children, the value of bitcoin may increase in future and if you have no savings or investment in bitcoin then secure your future. will be better. Your family, however, still depends on how much bitcoin you use. Investing in the long run is a great idea for anyone who wants to earn more in the future.
sr. member
Activity: 448
Merit: 251
Futurov
June 02, 2021, 07:38:21 AM
Why not? you can invest in bitcoin for your kids future, but you should know your limits. It is important to know when and at what point you should stop. Invest in a certain amount, meaning that you shouldnt go "all in". The world of cryptocurrency is a pretty unstable and high risk investment as it continues to increase and decrease in price. If you invest all of your money on it there's no guarantee that you'll receive a lot of gains. Well this depends on your patience. I have observed that bitcoin takes a lot of time before it spikes up in price. Another advice is to not solely depend on bitcoin as your means to earn money. Just treat it as a sideline while youre working to earn money.
hero member
Activity: 2170
Merit: 530
June 02, 2021, 06:50:44 AM
A few years ago only a small number of people knew about the existence of bitcoin and other cryptocurrencies. Today literally everyone is talking about them from the world's top investors to housewives and office clerks everyone knows the use of bitcoin and their future is bright through investment bitcoin's long term investment is very profitable. It's a good idea to invest in bitcoins for future kids in addition to the long term investment your children will make a profit as they grow up and have a bright future.

The idea of investing in bitcoin for future of kids is so awesomely in trend and in perfect timing because as of now bitcoin is already valuable and the worth of the digital asset is proven. Wayback on my first land in bitcoin i've felt that i am the one who knows this cryptocurrency in our small town now i just heard that almost everyone knows it already and what I guess is good about I'd knew this digital platform earlier than them is that I've made myself knowledgeable enough compared to them. And now I am investing in it while others are still figuring this out.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 02, 2021, 06:28:23 AM
People do alot of different investements for their kids. Some buys land some invest in FD and some in long term shares.
But yes investing in bitcoin for your kids would be the best of them all. As it is growing, only a small investement now can be much more for your kids in the future.
It is because we want to have the best future for our kids. We're preparing them to face the real world with something on their hands. Unlike the other parents that didn't prepare for their investments which shall benefit by their kids, their kids are struggling to cope up in life.

And having bitcoin as another asset that they shall use in the future and make them wealthy, they're doing the right job of preparing their kid's future because that's the task of any parent, to make a better future for their kids.
sr. member
Activity: 798
Merit: 250
BabelFish - FISH Token Sale at Sovryn
June 02, 2021, 06:21:48 AM
I think that's a pretty good idea, and I'll be saving myself in bitcoins. I am sure in the future technology will definitely continue to grow, and everyone will understand technology. My speculation is that more and more people will want to take advantage of crypto, and of course the higher the interest in bitcoin, the more expensive bitcoin prices will be. I think that's the right way if someone wants to save and wants to think about the future for their children.
hero member
Activity: 1820
Merit: 537
June 02, 2021, 06:07:40 AM
We will never know which coin will last in the future as investors' demand and point of view change as mass adaptation occurs. But for sure BTC will remain in the long run as it is considered as the core currency in crypto. The price of BTC if you will look at the big picture had been growing as time goes by, even if you have invested at 2018 ATH you still had gained income with BTC's current price.
sr. member
Activity: 2338
Merit: 365
June 02, 2021, 05:26:02 AM
    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'...
saving crypto for children's future is very good...

we don't know what the price of Bitcoin will be in the next 10 years, maybe the price will be much higher than it is today. Starting to save crypto from now for the future of our children is definitely a wise action.
newbie
Activity: 1
Merit: 0
June 02, 2021, 12:19:45 AM
We're only a few years away from the first human born with the genetic ability to control their own personal economy. For now, bitcoin is the closest you can get to being an early adopter of such a society. Investing in bitcoin is a way to pass on your wealth to future generations, so your child doesn't have to live in an economic bubble  or one that is so unstable it crashes. The only problem is, you have to learn how to invest and keep your bitcoins safe from thieves and hackers.
sr. member
Activity: 1414
Merit: 326
June 02, 2021, 12:07:43 AM
A few years ago only a small number of people knew about the existence of bitcoin and other cryptocurrencies. Today literally everyone is talking about them from the world's top investors to housewives and office clerks everyone knows the use of bitcoin and their future is bright through investment bitcoin's long term investment is very profitable. It's a good idea to invest in bitcoins for future kids in addition to the long term investment your children will make a profit as they grow up and have a bright future.
legendary
Activity: 3178
Merit: 1054
June 01, 2021, 11:27:29 PM

why not. you'd rather want your kids to learn early about how money works and BTC than just let them spend it. if i just knew what i learned today 15 years ago, i probably wouldn't be spending money on drugs and pussies but invest in the stock market.

kids today are always on the internet, every time they see something new on their sight they google it. if they learn cryptocurrency trading, you wouldn't be worrying much about their future especially if you have prepared some BTC for them.
sr. member
Activity: 2296
Merit: 256
June 01, 2021, 11:15:05 PM
I don't think it hurts to burn some money to invest in the future, even if it doesn't immediately benefit financially, at least your child will understand how good cryptocurrency is. so that in the future they can choose where they invest.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
June 01, 2021, 10:21:02 PM
    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'...
Just but with the constant amount in fiat each time, I allocate 50$ a week separately for my children alone(Aside from my own holding and investments) and i don't care if how much bitcoin is the amount .
from that i concern nothing if how much will it be as long as that 50$ comes from my weekly allowance in office.
full member
Activity: 452
Merit: 101
June 01, 2021, 10:16:03 PM
If you want safest investment in cryptocurrency world then I think you need to buy bitcoin only. Many coins are really depends on it's company. If the company fail then the coin will be fail too. In my point of view, investing in altcoin is just like invest in company in general. It will be good if we can do fundamental and technical analysis. Actually sometimes I use a very simple way to invest by looking at current success cryptocurrency related company and then I look at new similar company but ofcourse I also trying to know who is the people behind it. There are some successful project, for example exchange site project, real estate project, token creation service company and etc. Recently I attracted to companies that works like ETH's company. ETH proof itself as company that needed by people, so now I invest in some similar altcoin. I already earned many profit from token like that, no hard work, just buy then wait for few weeks and then sell. Just as simple as that. But since it is still bear market then I think it will be good to wait for a moment until this bear market end or buy using DCA strategy. Honestly I prefer like to do lump sump buying rather than DCA, but it seems that DCA is best for now because I think if there is bull trap then I still have spare capital to invest so I can buy at lower price.
copper member
Activity: 770
Merit: 1
June 01, 2021, 09:34:33 PM
Everyone think about kids future and inventing in bitcoin for kids future will be a good option if we can invest at a deep level because buying in deep will always give a good profit. For long term investors btc is great for investing. From all around the world bitcoin has been supported by large  communities so we will expect a good future from bitcoin investments. For kids future investing in bitcoin is good idea but need some patience to do this for a long term basis.
jr. member
Activity: 83
Merit: 3
June 01, 2021, 08:21:00 PM
In any case, cryptocurrencies seem to be an unstoppable future trend at present. They may have high value in the future, or they may be worthless, but the value of Bitcoin in the future will become higher and higher because of it. The total supply is fixed, but people’s demand is increasing, which means that as people’s demand increases, its price is getting higher and higher, so it is still necessary to prepare some cryptocurrency for children as Long-term investment.
full member
Activity: 1624
Merit: 117
June 01, 2021, 04:02:31 PM
Need your thoughts on this tho'...
The best option is to keep half of your savings in the bank, and half in bitcoins. If suddenly the governments of all countries ban bitcoins, the banks will win. If the banks lose, bitcoins will make you profit.
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