Topic: Its Bitcoin a good way to save money for our kids? - page 9. (Read 2410 times)
Real talk, getting cryptocurrency is a huge risk. So ask your self first, are you willing to risk that money for your kids?
I have been wondering for a while now that it would be so cool to hand over kid a wallet with BTC and it could be only opened after some years like 5, this would be a great gift and possibly very valuable also.
Bitcoin can be a way to save money for kids. Its a good investment for a long term. Maybe for next years it will cost high price. Nothing is impossible if you truly believe , if you look at the bitcoin today its on downfall but dont focus on whats happening instead on the future because we know that bitcoin is volatile. It can rise again on the right time.
I think it is one of the best way to save money for our kids, as in ten years time bitcoin price may touch $500k then your kids will be rich. So, holding some bitcoin for long-term would be a good idea.
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.
Now he is in worry about the idea because of this last dropping months.
If we are mature and ready for the various risks, we should not see the growth of bitcoin prices now, but look at the growth that will occur in the next few years, say in the next two years, maybe at that time the bitcoin price will grow to 400 -500%.
Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?
Will this pay them a car? the university? a house? nothing at all?
Of course, the point is you / I/we must be enthusiastic, optimistic and sure, that the price of bitcoin will not go down forever, he will surely rise and grow beyond what we expected before.
bitcoin though has so much potential is risky. You could buy bitcoin for your kids and before they mature the price has already gone up excessively or the price could go down.Either way its a risk but i must say its a risk worth taking
Basically what everyone else has said. It's your choice, nobody knows where btc is going. As always, only risk what you can afford to lose.
Bitcoin is unpredictable no one knows what will happen in bitcoin in the future, invest only the money afford to lose, cause bitcoin always have risk.
I am not sure whether Bitcoin is useful for extremely long-term investment. Because it is a digital asset and similar to other assets of that category there is always a chance that some competitor will replace it in the near future.
Bitcoin can be considered as an asset because it holds real value in the real world and you can liquidate your digital asset. So investing in it is a good choice especially with its volatility if your timing is perfect when you bought bitcoins in its lowest especially now in a bearish market. You could gain tremendous profits.
yes bitcoin is a good and nice way to save money for our kids. Imagine those who bought bitcoins for their kids when the price was still very low, sure those kids are worth alot now with the current price of bitcoin. Buy bitcoin for your kids today and they will be glad you did in years to come
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.
That's a risk in cryptocurrency worlds, if he's only buy Bitcoin to save his money for the future of his son, I think it's not good choice. But if it is for the investment of the life of his son in the future, it's a good plan mate!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
Ask your friend, why he need Bitcoin? If only for save his money, change into FIAT as soon as possible, because he must be ready to accept cryptocurrency market conditions or try to trade his bitcoin. 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?
For save? I think no. But for investment, I think maybe he can buy a lambo in the future! Will this pay them a car? the university? a house? nothing at all?
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 that bitcoin is not the best way to raise money for children in the future. Yes, of course bitcoin has a huge potential for growth and development, but there is also a huge potential that it can simply become worthless or it can simply be stolen by scammers or hackers. How do you explain to your children that money for their education was stolen by some guy from the Internet?
For my kids, buying Bitcoin seems to be important. Because if you buy now it will be much better in the future. If you do this for them, the price of bitcoin will increase a lot. And they can benefit from selling Bitcoin at a higher price. And it will be beneficial for them to come. As a parent, it will be good for them.
It is a very prudent act for every parent to safeguard the future of the kids with bitcoin . As far as is for kids they will definitely live to appreciate the decision their parent took for them because we can all testify that bitcoin is not just for this moment but actually the hope of the future and they will leave to enjoy that glorious future of bitcoin with their savings some day.
I think that btc can be a good investment for the long-term. If you can keep it and give to your kids I think that the price will increase with time and they will benefit from this
Basically what everyone else has said. It's your choice, nobody knows where btc is going. As always, only risk what you can afford to lose.
Bitcoin is unpredictable no one knows what will happen in bitcoin in the future, invest only the money afford to lose, cause bitcoin always have risk. 
I think if they save Bitcoin for their children then that would be a good choice. As in the future, I believe Bitcoin prices will rise sharply and the amount of Bitcoin reserves will be a great gift for their children.
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?
Save money in Bitcoin for your son or other family members this is not a good decision because crypto market is unstable so we don't know at future your saving asset increased or decreased that's why i think it's risky. I prefer you can convert crypto to country money and saving in bank this is worth saving for your son future.
For me in particular, I believe btc is a way to save money for our kids, especially now bitcoin market capitalization is not upto a trillion dollars.Some are seeing volatltity as a barrier ,but that should not be a problem.I said this because even in other market there is still volatltity.
Over time,bitcoin price goes down in past years only to skyrocket more than the price it falls.It is this negative altitude and mindset that made some not to buy huge amount of bitcoin when at the time the price is penny penny.
Now,bitcoin is cheap the best thing you should do for your kids is to buy bitcoin if you have the money.It is high time you stopped procrastinating and speculating on whether to buy bitcoin or not.The reason why many people have not made it in life is because of procrastination.
Over time,bitcoin price goes down in past years only to skyrocket more than the price it falls.It is this negative altitude and mindset that made some not to buy huge amount of bitcoin when at the time the price is penny penny.
Now,bitcoin is cheap the best thing you should do for your kids is to buy bitcoin if you have the money.It is high time you stopped procrastinating and speculating on whether to buy bitcoin or not.The reason why many people have not made it in life is because of procrastination.
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