Investing in bitcoins for future kids - page 9.

xiboothrezi

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Quote from: Kelvinid on May 05, 2021, 05:54:08 PM

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But wait, don't forget about the risk in crypto investment, and I certainly don't suggest putting everything only for Bitcoin but rather have to spread it like investing also in the real stock market or real estate if we wanted more security.

the need for a child's future is certain. while investing in bitcoin is quite risky because we don't really know what will happen to bitcoin in the next few years. Even though bitcoin has been very promising so far, there is still a risk factor that makes the price of BTC even lower. so, we better respond to this wisely, one way like you mentioned. dividing investment in several instruments, for example with a ratio of 50:50, in crypto and other assets that are more real like gold.

sunsilk

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It's not a waste and it's better to be spent to invest in bitcoin whether the purpose of it is for the future of your kids or any valid reason why you do it.

Instead of spending your money on other things that are unnecessary like vices, you better invest and spend it on investment which is perfect like bitcoin which is an asset that's easy to manage.

Kelvinid

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We believe that Bitcoin has a bright future and trusting that it becomes more valuable than of these days. Putting our money into this kind of digital asset is partly a good idea. But of course, we don't just leave our investment without letting somebody from our family knows about it. They should also be aware of what we are doing and they have also access to it.

But wait, don't forget about the risk in crypto investment, and I certainly don't suggest putting everything only for Bitcoin but rather have to spread it like investing also in the real stock market or real estate if we wanted more security.

Twentyonepaylots

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It's a good starter to inspire and encourage beginning investors into putting their money to good use. Provided that they do not let their investments stagnate in bitcoins and learn how to diversify their assets eventually, You're not only doing your kids a big favor by ensuring and securing their future. You'd also be giving them valuable information that you have learnt which they can in turn use to eventually earn their own money in the process.

finaleshot2016

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It's not a waste, though; this future currency, bitcoin, will continue to exist. Just invest, small or large, it doesn't matter because for sure it will be a huge thing in the future especially if BTC reached a hundred thousand. This is a positive and worthy step in my opinion because the market is already bullish, the halving will occur again after 4 years, and the price will continue to rise as it did previously, so there's nothing wrong with it.. It'll be a huge waste unless the internet goes down, you lose your wallet, or you don't tell your kids about your wallet's private keys.

Be prepared for scenarios like the ones I've mentioned; anything can happen. You knew the potential of bitcoin, then simply invest right now.

isaac_clarke22

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Just invest it if you're planning for an inheritance for your kids in the future and probably write the seed in a piece of paper not in digitalized form, because of the obvious threats in the internet that could potentially breach your security leading your coins to someone else's wallet.
For me, I am still planning to do it though but I am not sure where to start just yet.

Gamerholic

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This is easy to understand if you trace the growth dynamics of prices for bitcoin and alternative cryptocurrencies over the past 10 years. Investing today in 10 years in 2031, these assets can be worth tens of times more. So this is the best way to build capital for your children in the future. blockchain is not going anywhere - it will only develop. Even buying a set of NFTs today - in 10 years it can be worth a fortune. I am guided by these very thoughts - and I want to believe that it will be easier for my son in the future when he has such assets.

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

Investing into bitcoin is really one of the good thing that you've done in order for you to save and make a good future for your kids. It is not too late to invest in bitcoin, you can invest whenever you want and also you can buy other coins on the market cap and I am pretty sure that it may helps you to grow your assets. But always remember that the investing in cryptocurrency is a huge and big risk you can lose a huge amount of money but still taking the risk may save and make a good future for your future kids.

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Quote from: bounceback on May 05, 2021, 04:37:28 AM

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.

Demand increases but all reflects only one current trend, it does not talk about the stability of the future due to bitcoin's value is not always stable, even as it continues to rise according to our needs, one day it will leave the highest peak to return to the plain. Our kid will show up at the wrong time and not get the best out of bitcoin while we are, transforming their advantage at the earliest and avoiding wastage for the future.

Alanaz

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of course we already understand about the ways that can be done in bitcoin investment.
When we talk about buying automatically, there is a special trick that we see because automatically it concerns the money we have, there is a chart that makes it easier for us to choose whether to buy or wait first.
because of course whatever happens when dealing with money we don't want to lose really. so study the existing chart properly as our help in choosing / buying.

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

That's a good idea. Savings of bitcoin for future of your kids is quite good. Just hold even small amount of satoshi (If you can't hold big) for a long term is really profitable as long as bitcoin continue to grow. But not possible that bitcoin will continue to grow in the coming years because of continuously increasing demand of it with a limited supply.

aysg76

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

Investment is the best strategy if you are looking for good returns in future because saving your money in bank accounts would only provide 7-8% annual returns and with rising inflation fiat is becoming more deflationary which means even if you save millions it would not be much worth after 10-15 years.The best is to invest in crypto like Bitcoin and ETH which provides safety and profit to you in future.It is good if you are saving for future generations and so that by investing in bitcoin.Investmemt of $1000 in bitcoin ten years back have turned to be worth million dollars today.But if you cannot afford to invest for whole Bitcoin rather go for some Sathoshis or invest at partial interval for 1-2 years which will eventually increase your investments and higher returns for your kids to live luxury life ahead.But be safe with your seeds and private keys and tell them to store it on cold storage wallet for funds safety.Invest now and enjoy later or regret afterwards like other.

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

Brilliant idea to invest your coins and harvested by your grandchildren. it is a good step for me for the future but you should not focus too much on virtual currencies. If you have sufficient funds you should invest your money in gold and land that is real and visible to your children later. It will also be useful later that the price of gold and land will continue to grow every year. you can see a continuous increase in the price of land and gold. but you should take these 2 decisions.

If I have enough money like you, I will try it and see the results when I get old. If you want to invest in virtual currency, Bitcoin is an investment that you should not forget at any time. You can buy these coins in large quantities and buy the top 5 most popular coins.

NelfiNovita

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I myself also think like that, I also invest in bitcoin to make my children happy in the future. I really like investing in the long term because the profit that I will get will be very large.
in the future there will definitely be people who regret not buying bitcoin from now, those who have bought bitcoin from now in the future they will have fun with their wealth.

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

If afraid to waste money, saving in bank can be alternative. Or maybe deposito. I think people who bought crypto with their own reason must already know what risk to hold it. Because no one know actually in future what can be happen in crypto and bitcoin itself.

sapnu

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

As you mentioned that bitcoin is the mean of investment for a certain's individual's future children, as long as the price of it keeps moving upward, there will surely be an assurance that the future of the kids will be well-secured. There's nothing wrong relying your future in bitcoin but in any case, you should not fully depend on it alone. You should still find other instruments like businesses and a regular job to make sure that even when bitcoin or other cryptocurrencies experience sudden downfall in the near future, you don't need to worry because you have other saving that will suffice your family's needs.

kryptqnick

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

As with any other investment, there's a chance you lose it all or lose some of the money you've invested. It's always a risk. However, you can reasonably reduce the risk by investing in cryptos which are most popular and by investing not only in Bitcoin, but also a couple of other coins that have been around for a while and seem solid. What's good is that you can always change your mind, so if the circumstances change and some coins becomes less credible, you can sell it and buy something different instead. But for now, Bitcoin seems to only be growing and popularity, and it definitely didn't reach the limit of its potential because only around 1.5% of the global population currently use it. So it's not a bad shot.

777Jolami

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

To be aware and clear about investing in bitcoin. Let's go into the history of Bitcoin. Bitcoin has been through doubts and barriers, it has grown in terms of value for use, and efficiency for humans.
A series of bitcoin ATMs are located at gas stations in the US states. Tesla accepted bitcoin payments when buying their electric car. Step by step it interwoven into the economy, commerce, society, people. Resolving disorder caused by Covid19. If you invest in bitcoin as a form of future protection for the kids, it's never a waste. Like the way I am still going to this goal. Only if you put your faith in the wrong place. I mean, altcoins don't have long, sustainable growth. It is really wasteful.

Sanugarid

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Quote from: Nickbryan10 on May 04, 2021, 02:46:45 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'...

If you were looking for a long-term investment plan, then just go for starting coins with a promising project like altcoins. It's not like BTC is the only cryptocurrency coin that has great growth potential just invest in alternative coins and hold since your plan at the very beginning is a long-term holding.

online73

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Hello everybody. Of course, one of the best long-term investments and investments for the future of our children is investing in Bitcoin. There is no need to prove anything here - look at the average annual price of Bitcoin and you will see that it is continuously growing. And if you take the fact that a very limited number of countries have legalized cryptocurrency, then we can say that Bitcoin has everything ahead and the price of one million dollars does not sound so fantastic.

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