Topic: Its Bitcoin a good way to save money for our kids? - page 10. (Read 2410 times)
Frankly, Bitcoin is a piece of the wild crypto showcase and nobody can foresee the precise future and henceforth there is no correct response to this inquiry. Nonetheless, thinking about the capability of Bitcoin/crypto industry and the development of it since commencement, I trust that this thing is digging in for the long haul however once more, that doesn't mean I ought to put my whole capital in it. I would run with enhancement technique and put different parts in numerous segments/shapes instead of keeping every one of the eggs in the single container. In this way to finish up, I would state that Bitcoin is one of the great approaches to set aside extra cash yet not the single strategy.
I don't think so. The risk of saving in bitcoin is too big. Especially if you start in 2017. We can see that the price of bitcoin is very volatile. What if the price is low? wouldn't that be stressful
To the absolutely right now to necessary bitcoin hold and investment for our future profitable.now we need to fast plans investment and hold because bitcoin market goes to down but it will definitely soon can be end.so Don't leave bitcoin world.i want to long time investment with my bitcoin asset and already I have choice few good investment platform.i have confidence if bitcoin value will increase then I got them more profitable.
A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.
I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share
Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?
At first I came to bitcoin not for the purpose of saving. But now the bitcoin price is dropping dramatically, I also thought that just leave it to my child, maybe that bitcoin is very valuable
Apparently your friend want to save his money for his kids future purposse and which mean he want to save bitcoin for long term and i think he has just decide good decission by choosing bitcoin because although bitcoin price were crash but for the future purposse bitcoin is good investment tool and i believe in the future the value of bitcoin can very expensive and he should not be doubt about that
I do not think in the distant future, the value of bitcoin is very expensive, all just speculation without concrete evidence, it's different from what I'm seeing in practice, the value of bitcoin in fact has begun to show signs of weakness and diminished over time. Everyone can see that very clearly and from that, we can know that if anyone invested and held bitcoin for a long time, it only brings risks, instead of profits as many people are imagining, Bitcoin is not a good way to save money for our children, get rid of this idea from the brain 
I remember when we had this discussion last January.
Everyone was happy to announce they had made their children rich with a small investment.
We all know it's false and more, because the perfect trade does not exist : Our kids will condamn us for not trading correctly this money ^^
Everyone was happy to announce they had made their children rich with a small investment.
We all know it's false and more, because the perfect trade does not exist : Our kids will condamn us for not trading correctly this money ^^
1. BTC has more benefits than FIAT
2. the risk of BTC only has high volatility. we must follow the volatility of bitcoin.
3. and it will be very profitable if the bitcoin chart always creates bullish, you will get many profits.
But infact is not always bullish happen ? even this year we do not see a long bull run and give a significant change. You can just 2. the risk of BTC only has high volatility. we must follow the volatility of bitcoin.
3. and it will be very profitable if the bitcoin chart always creates bullish, you will get many profits.
invest in bitcoin for your child's future. but the risks certainly remain? use the right capital in accordance with the portion
A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.
I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share
Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?
I think, it's knowing how to control your investments whether in bitcoin or any other investments that will help save money for the future of your kids. Also, don't rely on just your investment. It's also great that the earnings that you will get will be used for an educational plan for them. That way, no matter what happens to your investment, at least, their education is already secured for the future.
For me it depends, if I have an extra amount of money where i can use anywhere i want then ill put it in crypto and hodl for long term but if im going to use the savings for my child then its a no for me because thats to much risky i think.
I wouldn't risk it to be honest. Nobody knows for sure the direction the whole crypto market is heading so personally I don't see it as an alternative to save funds for the future. Only risk what you can afford to lose.
Apparently your friend want to save his money for his kids future purposse and which mean he want to save bitcoin for long term and i think he has just decide good decission by choosing bitcoin because although bitcoin price were crash but for the future purposse bitcoin is good investment tool and i believe in the future the value of bitcoin can very expensive and he should not be doubt about that
No doubt this is the good investment to save money for your kids but always keep in mind that this is a risky market as we all see this so take decision with keep in mind this factor also. My opinion is you should invest in Bitcoin as well as make some secure investment with this investment that will balanced your investment and you always feel relax and calm .
Bitcoin currency is very risky because the price is really unpredictable in which this is only good to save if the price continue to go to the moon but how about the price continue to crash like what happen this whole year? Your kids will get nothing if this fall continue until their time so i suggest buy some assets from Bitcoin earnings and for sure your love ones will be saved in the future.
I see it as one of the most reliable ways to save money for my children. Gold and real estate will pay off for a long time, but the pace of development of bitcoin I like much more, even despite the fall in prices.
Yes.I know we can't really predict our future but i think with bitcoin,we can really save big for our kids if the price will keep on rising.But knowing it's price is not stable due to it's high volatility,i will choose to save in bitcoins and with fiat too.So that if bitcoin may fall,i still have my fiat left.
1. BTC has more benefits than FIAT
2. the risk of BTC only has high volatility. we must follow the volatility of bitcoin.
3. and it will be very profitable if the bitcoin chart always creates bullish, you will get many profits.
2. the risk of BTC only has high volatility. we must follow the volatility of bitcoin.
3. and it will be very profitable if the bitcoin chart always creates bullish, you will get many profits.
I am not sure that this is the best way to save money for kids. Why do I think so? It is because its not stable price and it is not 100% guaranteed that btc will be used in the future.
I see it as one of the most reliable ways to save money for my children. Gold and real estate will pay off for a long time, but the pace of development of bitcoin I like much more, even despite the fall in prices.
Bitcoin will cost more in the future. He just needs time to recover. If you buy bitcoin to hold it for several years, then this is a good solution, I believe. This is as a fallback, you will always know that you have certain tools that will help you when you need it.
Jump to: