Saving for your Children Bitcoin vs Cash? - page 17.

pixie85

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Quote from: Walkenman on March 09, 2018, 05:08:17 PM

Well, to keep all the money in one place is silly. I'd rather invest in real estate, bitcoin, and real money. Believe your children, financial safety is much more important.

Bitcoin is the real money. I hate when people are referring to fiat as the real and crypto as... unreal?

I'd choose cryptocurrencies and maybe some real estate, gold, things like that. I wouldn't choose fiat as a store of value and it certainly is not an investment because its value will not go up over time. It will go down!

djgtr

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Quote from: a4techer on March 09, 2018, 03:29:13 PM

Even me i don't understand on what I'm doing for the future of my child because we don't know the standing of bitcoin for the future, high value now but what happen and what will be the value of bitcoin for the future. It is still a live or it will be gone? So we don't have any prediction to know but savings of bitcoin for our children was a great idea because we know that it will rise again.

Saving for me is everlasting weapon. Whether it is a real cash or a crypto,I must save for the future's sake,for my future children's sake. I would be happier if they will also know every side of bitcoin because I will be teaching them the proper way of saving money so that if they are ready with bitcoin will be just a normal turn for them.

rodel caling

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actually i choose both because i need to secure well the future of my children, specially the education plan, i need to save fiat money to the bank because until they have fiat in the circulation in the currency fiat is still strong currency as old one.
savings of bitcoin are very profitable but is risky to save huge amount of bitcoin in online wallet because the hacker. save 50% bitcoin and 50% cash paper for the wise decission security of the future of the child are very important.

adzino

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Akbcryptomoon7668 on March 09, 2018, 02:41:46 PM

Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Leave something that has certain future and won't collapse anytime. The price of bitcoin is unpredictable. You never know what is going to happen to crypto currencies, so there is no guaranteed future about it. Why risk your children's life? Best to save fiat which is totally risk free!

Walkenman

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Well, to keep all the money in one place is silly. I'd rather invest in real estate, bitcoin, and real money. Believe your children, financial safety is much more important.

rbcomman

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Tough question, as an investor I would suggest everybody: DON'T put all Your eggs in one basket, let it be RE, Stocks, Commodities, Cash or Bitcoin (or cryptos in general).

Cash is by far the worst ''INVESTMENT'' You could make for the future, every year it depreciates due to inflation( so You're constantly losing money, in the form of its value).
My advice is: Balance everything in a manner You're comfortable with, (at some point You will lose money somewhere) risk what You can afford to lose.

Cheers, Ronnie

Thymoty

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Quote from: Akbcryptomoon7668 on March 09, 2018, 02:41:46 PM

Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

of course real estate, more secure and definitely profit, while for Bitcoin and stocks are very risky and I do not want to make my son dizzy later.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: Akbcryptomoon7668 on March 09, 2018, 02:41:46 PM

Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?

If you are looking for the safest investment,i would say non of them are safe,each investment comes with their own risk,real estate was a good investment a long time back and not at this juncture,you can make a good profit with stock market and even with bitcoin,but you have to find the best entry point and you have to follow the market religiously and act according to the market situation.

seven2smoke1

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Quote from: Akbcryptomoon7668 on March 09, 2018, 02:41:46 PM

Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

I think bitcoin will be great to invest in it for future purposes, but it is not safe enough, Anything can happen in the future, nobody knows, maybe bitcoin will disappear. Anyways, I think if you invest in real estate, it will be better for children for their future, at least they will have a home to live.

jeanpadel14

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This question make me think so much.When we talk about for the future of our child as a parent you need to become wise.Now i prefered cash for my sons future i have a saving s for him.But i have also savings in btc but now high value but what happen and what will be the value of bitcoin for the future. It is still a live or it will be gone? So we don't have any prediction to know but savings of bitcoin for our children was a great idea because we know that it will rise again.And i hope in the future bitcoin will continue so that i will teach my son to continue what im started in bitcoin

felipe04

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Do save in both because for me even there always assurance in anything still all are possible like they will gone so i think it's good to think all

In crypto i always save 30% to 40% coming from my earning here and i will do it in 2 to 3 years here then stop

In bank i put also some money because the more place to save the more safe and secure for me

For more good save also some money in your own place like your home or etc. that you own

Jating

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Quote from: Akbcryptomoon7668 on March 09, 2018, 02:41:46 PM

Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Why don't you diversify then?

Invest on everything you mentioned. The chances of the 3 investment going down in unlikely. So at least you have Plan A,B and C in place as well. To be honest, I have invested first on Real State, and then I have my stocks and now with crypto's. Real state for me is the safest of the three as the price continue to increase every year.

Stocks and crypto are very volatile and you need to be very careful and try to mitigate your risk.

And the house that I bought years ago can also be given to my children as inheritance. So I say that go get apartments or condo units and invest on them early.

boy130

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Never put safe, and bitcoin in the same sentence. Yes, it has the potential huge gains, but over the long term we just don't know. Obviously it is a horrendous choice for long term savings. Stick with property, particularly in a well sought after area, as you'll be guaranteed at least 5% rental yield forever. I'm not saying don't invest in Bitcoin, you probably should. But just don't count on it long term until it is more stable.

pitiflin

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Quote from: Akbcryptomoon7668 on March 09, 2018, 02:41:46 PM

Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

If I want to leave behind, there'd be some real estate obviously. There would be cash in majority,with addition to gold.
Stocks? Meh. No thanks, I'll pass on it.
Bitcoin? Maybe. If they know how to use it, sure why not. Might as well teach them how cryptocurrencies work etc.

rehydrogenated

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It is important to hold a little bit of almost every asset class you can. You want to diversify and put money into them all.

Strong diversification, especially if you can find ways of investing in assets that do not correlate with each other. Has the greatest reward for the risk. This has been shown again and again in academic studies. You want to eliminate as much market risk as possible.

Right now real estate and crypto don't have a strong correlation, so they make a good addition to your portfolio if you are worried about real estate crashing and vice versa.

andreijoaquin

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Quote from: Akbcryptomoon7668 on March 09, 2018, 02:41:46 PM

Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

For me its real estate. Even it bitcoin can provide the highest rate of return, still it has no assurance of success an that it will appreciate even better in the coming years. I will still invest in bitcoin but not to put even for my children's future.

EnaksiS

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All ages saved the land for the next generation. I think it is still the same and logical. If i save something for my child it would be the real estate. Because the value never changes...

hosseinimr93

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It's a good idea to hold some bitcoins for future for ourselves or our children. But it should not be the only investment. Because it is so risky. Better to have different investments.

bitart

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Vires in Numeris

Quote from: BitHodler on March 09, 2018, 03:35:59 PM

If you start right now, a relatively low number of Bitcoin or crypto is needed to have a massive value in let's say 10-20 years away from now. That's obviously assuming crypto actually becomes what we think it will become.

My personal fund allocation in such scenario will be as follow.

Gold 20%
Silver 20%
Bitcoin 20%
Real estate 20%
Fiat 20%

I think that's quite a conservative, but yet potentially booming portfolio that should be doing well in the very long term. I definitely expect gold and silver to keep increasing, and real estate might as well slowly.

Bitcoin is the speculative part of the portfolio that hopefully will make sure eventually that the overall value will explode. Sure, there are no certainties when it comes to crypto, but without risk, there is no reward.

Real estate is also a bit speculative on the short term, but on a really long term it's quite profitable. The key is something like to balance your portfolio based on your freetime as well. You have to spend time to maintain your portfolio, real estates takes a lot of time if you have a lot of real estates, while gold and silver and the other dematerialized things like stocks and bitcoin are relatively easy to handle (you only need a PC). If you buy too much real estate, you have to hire someone to look after them if you have other full time job. So it depends also on your circumstances, which portfolio is the best...

darkangel11

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Don't let others control your BTC -> self custody

Quote from: BitHodler on March 09, 2018, 03:35:59 PM

Gold 20%
Silver 20%
Bitcoin 20%
Real estate 20%
Fiat 20%

I would skip fiat completely. It's not an investment! If you ever need fiat for something important like getting sick, helping a friend or a family member, you can always sell part of your investment for fiat. That 20% in a couple years will be worth much less due to inflation, while it could be working for you in any of the investments mentioned above.

Quote from: uncleduckerr on March 09, 2018, 03:32:18 PM

God I love the onions on you and I am in a very similar boat as you. Didn't put everything I had inside, but damn it quite nearly everything. I will save whatever is most valuable for my children because we know that no currency will last forever. That is why we must stay vigilant and pounce on any opportunity that comes our way. If something comes after Bitcoin, don't just dismiss it outright the very least you can do is look into the incoming techology. I know I would have done myself a huge favor if I did the same with Bitcoin, now I won't dismiss new tech ever again in my life.

Great to hear that. I'm also not 100% in. I didn't sell my house to invest in BTC, so in a way I still have real estate. I only spent all my fiat because I know that it will only be worth less as time goes by. I prefer to bet on cryptos than play the losing game for another 10 years or more.

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