Of course, this is one of the main reasons why I invest in bitcoin. It has great prospects, and you will ensure a happy future for yourself and your children if you continue to invest in bitcoin.
Topic: Its Bitcoin a good way to save money for our kids? - page 11. (Read 2410 times)
I am one of those people who sincerely believe in bitcoin and see it as a huge potential for the future. Therefore, I believe that your friend is doing the right thing by saving bitcoins for his children. By the time they grow, bitcoin will be a very strong coin, quite possibly - global and basic.
I think that's the right thing to do, because storing bitcoin for children is a long-term action, and bitcoin is a long-term digital asset that deserves to be owned. Don't worry about falling prices this month, because it will soon rise again.
bitcoin is the best investment at the moment and if we save bitcoin for our children in the future it is also very good especially bitcoin is something good if invested in the long run, then later bitcoin will support our children's future in the future especially if we will implement this in everyday life.
I think that is a good way to save you money for your children. Instead of depositing savings into banks at low interest rates, you can use them to buy Bitcoin and crypto. Even though it's a bit risky, I think the interest rate if it's successful is huge. Besides, Bitcoin prices are very low and I believe it will soon increase in the future. So invest in it when possible
It depends. For me, you can invest money in BTC, but not all of your savings. The crypto industry is unstable, i'm sure you don't want to risk all your kids future in something that volatile right?
Bitcoin is a good way to save money for our kids because I believe the price of bitcoin will be higher in the next two to three years. And if it is for our kids, it means the can access the money when they are old.
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Just go sell it and buy or build a new bussiness in a real life. It's better i think.
Just go sell it and buy or build a new bussiness in a real life. It's better i think.
But, what's going on here is that the OP's friend to save his money for his kids rather than putting more effort to it by doing a business. Saving here means to save his money and leave them all alone for quite some time and let them grow in value. By building a new business, isn't it ruining the whole purpose of saving?
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 would say yes. But please know that there will be risks involved. But as there are risks involved, so are there rewards, great rewards. But please be aware that it is not like saving something in the bank where your deposit is insured up to a certain amount. However, the reward for taking the risk with Bitcoin is that it will not only double or triple or quadruple and so on, your Bitcoin savings will be multiplied in value thousands of times.
Wow, it sound scary recently of saving bitcoin for our future. I don't know why but i really feel in doubt since notice the market getting worst day by day.
For my suggestion is hving bitcoin is okey but i prefer to sell it when the price is going to the moon not for holding in long time. It's really unpredictible market.
Just go sell it and buy or build a new bussiness in a real life. It's better i think.
For my suggestion is hving bitcoin is okey but i prefer to sell it when the price is going to the moon not for holding in long time. It's really unpredictible market.
Just go sell it and buy or build a new bussiness in a real life. It's better i think.
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?
It depends on the way you make money here, if you think you have enough to invest for your money to keep goinh then let it, but making a business even a bit will help you to renew what you have for it to double the assets that you have but it will be needing so much effort for you to become successful regarding what business what you have or planning to do.
Definitely, is a technology is giving an opportunity for us to make use of it will help everyone to get a good return if we plan for a long term. I am sure crypto will lead from the front and dominate every stuff. we spend hundreds of money without a reason just think for a while and plan accordingly.
I think saving bitcoins for kids is a good idea.bitcoin as an alternative of collecting money for children.its value going up and i trust its definitely going to help your kids in future.
We all knew how volatile bitcoin so definitely NOT a wise move. There is a 50/50 chances that his son would go to college or not. Why don't save a more stable currency which is fiat where there is a guarantee other than having risk on something that has no assurance.
Absolutely it is wrong in big time! When you think about your childrens future you should be serious right? The bitcoin is not something cetain like the paper money. The price could go higher but can go down as well. So in this important matter you shouldn't use bitcoin i believe.. If you started to buy bitcoin to your kids at last year your money would come 15 (20k to 4k).. So crypto savings is dangerous, don't leave your destiny to luck..
bitcoin has a price movement up and down every year, when you want to grow the assets you have by utilizing the rising and falling price movements of bitcoin then investing in bitcoin is the right choice and you can take advantage of bitcoin price movements and will make you rich so your child's future is guaranteed.
no, because bitcoin is still unclear in the future and what development is unpredictable, it is safer to invest in real assets such as land or gold that have clear price growth, because each year there is a different increase as uncertain bitcoin.
I think it is not assurable for the future because this asset has not shown any aspect of living continually. Even if bitcoin has a great strategy we could not verify it well due of its fluctuant prices. But I am hopeful it will be acknowledgeable for future, and it may be consistent growing.
I think yes.
One reason is I thing basically BTC is going to get expensive in decades order.
Not only that, by using a data in the net instead of physical cash, our kids can consider about the basic concepts behind the money. You may say today money are data in the banks, even though their thought would be like "$100 in my bank is conversion of this $100 bucks"
One reason is I thing basically BTC is going to get expensive in decades order.
Not only that, by using a data in the net instead of physical cash, our kids can consider about the basic concepts behind the money. You may say today money are data in the banks, even though their thought would be like "$100 in my bank is conversion of this $100 bucks"
For me it is a good idea to save money for our family / our kids (if we already have any) since it is for the wellness of our future. It is good that we are already saving money but saving bitcoin is different from saving a normal money. We all know that its price is not fix. It can go up or down / increase or decrease our savings. We must know how to handle that thing.
Bitcoin is not good for saving purpose because bitcoin is not stable and with every minute passing its price fluctuates which mean your savings are in danger so always choose stable currencies for savings like fiat/dollar. Dollar fluctuates but not that much fast as bitcoin so dollar is the best option for savings.
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