Topic: Saving for your Children Bitcoin vs Cash? (Read 1785 times)
Storing BTC for children is as important as cash. BTC is a speculative product for long-term investment. If BTC is sold in the future, the price of BTC may increase by many times.
I choose to save bitcoin and cash. Because we dont know about the future. We must have two plan. So if one plan is not working we have one plan as backup. just in case should keep both.
We need cash at this stage in my country because cryptocurrencies are banned here and we are living here with disadvantages as we have to pay huge taxes on money related places and things. The crypto world has brought easiness for the whole world and is spreading all over the world, now I am waiting for the government to accept it after which I will keep for my children as well as I prefer crypto over cash.so far, many governments are not prohibited about bitcoin, and I think we can still use bitcoin for making money. and I will again save bitcoin and cash because I use bitcoin for my investment that I can sell it anytime, and money is for my living so I can buy something in my real life. without cash, I cannot buy something, and without bitcoin, I don't have any investment in my future. so both bitcoin and money are essential for me now, and I want to collect as much bitcoin and cash for my future.
Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
I prefer bitcoins because it was more affordable rather than real estate while stocks will not make you rich because the growth in the market is very slow.
I don't know what cash is good for. Any question with "saving for x with y vs cash" the answer is always Y. Saving cash is the stupidest thing. You can buy stocks, you can buy gold, you can buy bonds, you can buy real estate if you are rich enough 
However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins.
It should really be elaborated further more or op just simply means out about Cash alone or might he generalize it all? I do agree on the fact that cash do possibly inflates and no one can predict on what would possibly happen on next years to come or on future. Saving up cash wont really give you assurance but it would be much wiser if you would diversify into those other assets that can generate income or money because it cant cause up possible problems. However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins.
I don't know what cash is good for. Any question with "saving for x with y vs cash" the answer is always Y. Saving cash is the stupidest thing. You can buy stocks, you can buy gold, you can buy bonds, you can buy real estate if you are rich enough However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins.
It should really be elaborated further more or op just simply means out about Cash alone or might he generalize it all? I do agree on the fact that cash do possibly inflates and no one can predict on what would possibly happen on next years to come or on future. Saving up cash wont really give you assurance but it would be much wiser if you would diversify into those other assets that can generate income or money because it cant cause up possible problems. However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins. I don't know what cash is good for. Any question with "saving for x with y vs cash" the answer is always Y. Saving cash is the stupidest thing. You can buy stocks, you can buy gold, you can buy bonds, you can buy real estate if you are rich enough However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins.
And yet that is the way that most people save for their future, they save in cash not realizing that inflation is stealing the purchasing power from their cash and that it is going to be impossible to recover it and if for some reason things in your country get really bad your cash will become nearly worthless, I always say that to my family but they do not listen to me and they keep saving in cash. However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins.
I don't know what cash is good for. Any question with "saving for x with y vs cash" the answer is always Y. Saving cash is the stupidest thing. You can buy stocks, you can buy gold, you can buy bonds, you can buy real estate if you are rich enough However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins.
However you save for your kid, do not save with CASH, cash devalues, save with something instead of cash. Which brings me to the topic, I would rather save for my kid with bitcoin than cash for sure but I would diversify and get a lot more than just bitcoins. 
I choose to save bitcoin and cash. Because we dont know about the future. We must have two plan. So if one plan is not working we have one plan as backup. just in case should keep both.
We need cash at this stage in my country because cryptocurrencies are banned here and we are living here with disadvantages as we have to pay huge taxes on money related places and things. The crypto world has brought easiness for the whole world and is spreading all over the world, now I am waiting for the government to accept it after which I will keep for my children as well as I prefer crypto over cash.Parents think it's safe to save money.Parents think it's safe to save gold and real estate.I think 20% of bitcoin can be saved.
Irrespective of what parents save, it is good as long as they are saving. Saving for kids is something that helps keep the future secure and in the growing inflation the value of cash can decrease so it is desired to save in the form of gold and Bitcoin. Saving in the form of gold will keep you away from price falls and in the form of Bitcoin will give you huge profits only if you save for long term and not for the time being. 
I choose to save bitcoin and cash. Because we dont know about the future. We must have two plan. So if one plan is not working we have one plan as backup. just in case should keep both.
We need cash at this stage in my country because cryptocurrencies are banned here and we are living here with disadvantages as we have to pay huge taxes on money related places and things. The crypto world has brought easiness for the whole world and is spreading all over the world, now I am waiting for the government to accept it after which I will keep for my children as well as I prefer crypto over cash. 
I will save money for my children by investing in bitcoin instead of buying stocks or real estate. The future is more conditional than I would buy bitcoin for my children. Now I will try to make a lot of money. I spend a lot of time investing in bitcoin, joining campaigns.
It seems to me that participating in Bounty companies has a great opportunity to earn various kinds of tokens. These tokens can be sold for bitcoins. And how will you have Bitcoin, not harboring any funds from your home budget.
Yes, agree because of most of the bounty people impatient because they will sell them in the market in order to make Bitcoins. People are not bothering about the company and future growth, they are just bothering about the short-term money and dumping the price of the coin.
Bitcoin is the most profitable if we have knowledge and it to handle and reach to the high market where we make huge profit. On the other hand traditional businesses are also very benefited for us especially real estate and some other businesses.
For saving money for them for the future, i think that saving Bitcoin or Gold are the best things to do. Saving cash for them is not that good, because there is a huge inflation per year (independly from the country that you are from) so it is not good
I choose to save bitcoin and cash. Because we dont know about the future. We must have two plan. So if one plan is not working we have one plan as backup. just in case should keep both.
Parents think it's safe to save money.Parents think it's safe to save gold and real estate.I think 20% of bitcoin can be saved.
If I have enough extra savings that is not alloted for emergency then I will choose both cash and bitcoin.
But for now I am saving cash for my kids so that when emergency knock we can withdraw it easily because being a parent is not that easy. Cash is more easy to get unlike bitcoin that we need to consider the price before we transact to have our investment.
Also my brother told me that if I will be given a chance to choose investment, he recommend the bitcoin if my main goal is to have a lot of money but if it is for long run I can invest also on real state and on the stock market. Because he is already doing it now.
Parents think it's safe to save money.Parents think it's safe to save gold and real estate.I think 20% of bitcoin can be saved.
I'm not sure, I mean if you are going to invest in BTC there are risks, not only that you'll deal with the risks in investing but you are also going to have a problem with the price, and it is either the price is high or the price is low, though even if it is risky I do think that investing and securing your Child's future in BTC is a good idea, but I do not recommend doing it yet, the price is extremely volatile, and I think for now It is better off being sure than being a risk taker, it is your child's future, so I do think investing in banks and cash is much more recommended for now.
Very risky i think and it's like you are risking your children's future. But there is a win-win solution for this if OP really wanted his children to inherit fortune from him, why not save some bitcoin and the rest of it as a fiat. That way, the risky is lesser. Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
It is a difficult choice the only thing I can say to you is to not save money on cash, keep some in reserve in case you need it but that is it, I prefer to save in bitcoin because I know that it is going to grow in value in the next years and decades but if you are not so certain then it is a good idea to try to invest in real estate instead but that is difficult since real estate is so expensive. Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
It s very hard to answer to that question as noone know what will be next from one side cash could go soon but from other side your childrens must know about crypto how to use and etc. as if they loose keys or wallet info then all is done.
I think it is not hard to answer. in my opinion, we can save bitcoin and cash at the same times and we can do this every time. I am sure that it will work well for us in the future since if we save bitcoin, it means we can make a big profit in the future. and if we can save cash, we can have a big money in our bank account. but it is up to you, what you want to save because you need to determine for yourself.
Bitcoin saving is very good but living in real life then you have to think about it also. Like i am not able to use bitcoin as like i am using fiat currency so Bitcoin is a good investment for me but i will also save fiat currency and invest in real estate also as it is also must in living real life.
Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
All of this are good to inherite to your children in the future. Bitcoin if you hold this in the long time and timingly the bitcoin price is high it can be a huge amount to distribute to your childrens. Stocks, you can have some investments that you may pass to your children. Real State is a good inherite too because it is gives a assurance that you can give your children a good life that they may pass in their children too. All of this is a great strategy of a parents to have a good life for there childrens.
Jump to: