Investing in bitcoins for future kids - page 5.

Swordsoffreedom

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Quote from: Nickbryan10 on May 04, 2021, 01:46:45 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'...

This is a very good idea. People often keep a one-time deposit in the bank thinking about their unborn child, and sometimes they take out insurance thinking about the child's future. I think investing in Bitcoin without relying on a bank would be a very profitable and timely decision. In the next 20 years, it may be difficult for people to buy full one Bitcoin, its demand and adoption is increasing day by day, such an investment in the future may help to build a safe life for your child, Now it is considered as a safe haven for traditional assets.

lalabotax

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Investing in Bitcoin for future kids is actually a good idea. Moreover, Bitcoin is something worthy. But it may also include high risks because we will not know exactly the future. we may also not know whether BTC will survive in the future or not. But at least, we have some savings in BTC, trust BTC very much and also while analyzing the market whether BTC will survive or not

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Quote from: Kasabus on May 11, 2021, 09:21:25 PM

Quote from: Momoamzad on May 11, 2021, 06:06:40 PM

This is not a bad idea . This will help in future . If you could hold it from few years ago than it is a mazing . But if you are thinking to buy now this could be risk . But anything can happen. This will be safest savings for them.

This is a wise decision but risky. You cannot rely solely on crypto alone as the market keeps fluctuating. High volatility makes it even more unpredictable.

But investing in bitcoin for long term can be quite profitable too as long as you also invest into some other businessess with strong foundation. You need to diversify your investment so you won't end up nothing if bitcoin falls or your other investment becomes undervalued.

Well, I don't see a risky part of holding bitcoin in a long term or for the future of your kids soon. I still believe the supply and demand will still applicable in the future, so when there is too much adoption, the demand will become less, and that what makes the price will be increased. However, that is a wise decision because it could be after 10 years the value of your bitcoin will be folded for how many times. But who knows what is in the future, but let us not losing hope holding on it.

judas

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It is really important to think about the future and act according to it. We can buy some for our future kids also and help them learn about this market when the time comes. Digital currencies are our future.

raji1995naya

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Bitcoin is the best online virtual money for earning passive income to support one's family and household. But it's a shame because when we get older, we don't know what will happen or how we will spend our lives. As a result, I've decided to invest in bitcoin for the sake of future security.

Kasabus

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Quote from: Momoamzad on May 11, 2021, 06:06:40 PM

This is not a bad idea . This will help in future . If you could hold it from few years ago than it is a mazing . But if you are thinking to buy now this could be risk . But anything can happen. This will be safest savings for them.

This is a wise decision but risky. You cannot rely solely on crypto alone as the market keeps fluctuating. High volatility makes it even more unpredictable.

But investing in bitcoin for long term can be quite profitable too as long as you also invest into some other businessess with strong foundation. You need to diversify your investment so you won't end up nothing if bitcoin falls or your other investment becomes undervalued.

samsul1234

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Quote from: Nickbryan10 on May 04, 2021, 01:46:45 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'...

hello sir, I also think what you are talking about, yes that is true now that many people are investing in altcoins for the future, most people are willing to invest in altcoins nowadays there are many crypto signal groups and they see the fundamentals, and transactions are now easier because there Swapcoin is personally beneficial for most people investing into altcoins because the fees are not too big and there are also many groups on telegram that offer them signals and make it easier for them to invest

Momoamzad

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This is not a bad idea . This will help in future . If you could hold it from few years ago than it is amazing . But if you are thinking to buy now this could be risk . But anything can happen. This will be safest savings for them.

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Quote from: romero121 on May 10, 2021, 03:37:28 PM

Not only with bitcoin, but people have begun to give importance to entire cryptocurrency as a promising investment for the future. Almost five person who I know personally have now begun to invest little by little on cryptocurrency for long term profiting. When the expectation is long term, surely they'll get good profit out of the investment.

Some of my family members and friends are already asking me as well, I told them that it was a good investment but of big risk and might possible to lose your money. They answered okay, I have to try...

People are becoming crazy when someone says they become rich in crypto especially when it is coming from the known personality.
I could remember that many are talking about crypto last 2017 Bullrun but they have gone when the crisis had to start. I'm also thinking of the same cycle happening again at this time.

quocsi

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That is the best way to avoid risk coming to you. You invest in digital currencies that are cheap but still bring success. It is very suitable for those who cannot afford it, who are new graduates. I was also in those cases and has had unexpected success.

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Quote from: Nickbryan10 on May 04, 2021, 01:46:45 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'...

We have to be more wise on that cause if we buy it on low price for future saving we need to sell it on high price if not when our kids become matured our asset might not be in matured it can be fall down. As it is a high volatile market we have to be invest and take profit wisely.

Shasha80

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Quote from: Issa56 on May 10, 2021, 02:55:08 PM

It is very interesting the way people believe bitcoin will be massive in the next few year's. From the little experience am having I believe buying bitcoin now and holding for your future kids is a very good idea and I believe you buying bitcoin now and holding for your future kid I believe by then you will really be in a massive profit because I believe bitcoin price is very low now if you can buy and hold I believe you have done the best thing you can do for your kids because by then your money will be very huge.

Bitcoin is a very good investment in the long term, so holding Bitcoin for the future of our children is a must. Because the profit generated from
holding Bitcoin in the long term is very large, our child's future can be guaranteed, if it is true we are investing in Bitcoin in the long term.
So starting from now on we can start collecting Bitcoin, so in the future the amount of Bitcoin we have could be very large. And if the amount of
Bitcoin we have is large, then the profit generated can also be much greater.

romero121

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Not only with bitcoin, but people have begun to give importance to entire cryptocurrency as a promising investment for the future. Almost five person who I know personally have now begun to invest little by little on cryptocurrency for long term profiting. When the expectation is long term, surely they'll get good profit out of the investment.

Issa56

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It is very interesting the way people believe bitcoin will be massive in the next few year's. From the little experience am having I believe buying bitcoin now and holding for your future kids is a very good idea and I believe you buying bitcoin now and holding for your future kid I believe by then you will really be in a massive profit because I believe bitcoin price is very low now if you can buy and hold I believe you have done the best thing you can do for your kids because by then your money will be very huge.

Yatsan

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It is really interesting how people are now seeing potential with Bitcoin to think of investing into it for the future of their children. If we will look back from the past, people are just ignoring Bitcoin and do not certainly believe that it will take a long run and will take greater heights. Now that people are seeing this thing if becoming very popular and the price kinda looks promising and has great potential for investment, many are getting along with their own personal reasons that includes keeping it for the sake of their kid's future.

In the silence

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Bitcoin is more valuable than gold, what's more interesting is that we are in early days of bitcoin. When gold was adopted hundred years ago, it was harsh. Just like bitcoin is facing right now. Owning 1 whole bitcoin can secured 3 generations not only your kids.

bosede1

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Quote from: Nickbryan10 on May 04, 2021, 01:46:45 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'...

From your subject you said investing in Bitcoins for kids, then in your write-up, you said you don't know the coins to buy and save kids these two are contradicting. Those people who buy shares for their kids do so on risk, whatever you want to do it all depends on you bit I will say it is not a waste of money.

ubercool

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Many of the old users have done this in the past. I bought 3 trezor pack, transferred 0.1 btc and 1 eth each to 2 of them and kept it safely for 2 of my children in the family. Will gift them once they start understanding the concept of crypto and it'll be their money to do something for their future. It's definitely a good idea and you'll automatically store for a long time and the value is bound to increase.

hulla

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I really like the question the OP ask and something every newbies must be aware of.
Investment made into crypto currency Is not a waste of money but require some certain level of understanding of how to invest profitably in crypto and the first secure coin for long term investment is Bitcoin and we can later choose ETH but in spite this coin are good, you still have to invest at the right time.

Henrobakkara

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Quote from: Midy on May 10, 2021, 05:05:01 AM

Most people feel disappointed because they did not buy and store bitcoins in the past, where they doubted and also thought the same things as you now, you need to know that the price of bitcoin will continue to increase from time to time, so invest from now on, we just have to be patient and see the right opportunities when buying it.

You are right. I believe any time you invest in Bitcoin is the right time only that you might want to further want to maximize profit earned by waiting to buy when the price has dipped. I think some people will think that the price is too high to invest now but when you see what it comes to in the future, this would have been a normal price.

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