Saving for your Children Bitcoin vs Cash? - page 18.

hazznel

newbie

Activity: 70

Merit: 0

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?

As far as I am concerned, Real Estate is the best risk-profit investment you can make at the moment.
Bicoin is the best for profits.

michkima

hero member

Activity: 896

Merit: 514

Maybe just save a few bitcoins, probably at least save 1 bitcoin for them. Maybe in the future, McAfee's prediction of $1,000,000 per bitcoin would happen, at least you saved them that much money.

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

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

This ratio might be a good guide, though I have my reservations. I would say probably in the future, gold and silver will be forgotten as humans will move on to better things than these but it might not be in the near future.

Fiat is not a good way to save for the future as its value decreases over time due to inflation.

Real estate though is something else. Everybody will still need real estate for a long time, even far longer than when gold and silver is forgotten. This might be the best in my opinion, although it would depend on where it is located. It is still susceptible to losing its value probably due to war, government problems, and some other problems that would cause its value to drop because of the problem.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

For the future of my children, i prefered real estate and Bitcoin investment. Real estate is solid and always increasing it's monetary values overtime, while the Bitcoin is simple yet easy to use investment and later it would be the financial system method that adopted by the world.

BitHodler

legendary

Activity: 1526

Merit: 1179

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.

uncleduckerr

full member

Activity: 202

Merit: 100

Quote from: darkangel11 on March 09, 2018, 03:22:05 PM

It's all a gamble just like you are taking a risk leaving your home every day. You can get into a car accident, mugged. Things happen and it's the same with investments. A relatively good and stable investment into a government owned company or bonds can turn a loss in 10 years due to depression, war, natural disasters...
I almost all in here. You only live once, so go big or go home Tongue

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.

a4techer

sr. member

Activity: 552

Merit: 250

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.

darkangel11

legendary

Activity: 2478

Merit: 1360

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

It's all a gamble just like you are taking a risk leaving your home every day. You can get into a car accident, mugged. Things happen and it's the same with investments. A relatively good and stable investment into a government owned company or bonds can turn a loss in 10 years due to depression, war, natural disasters...
I almost all in here. You only live once, so go big or go home Tongue

greeklogos

full member

Activity: 658

Merit: 152

This question is really hard, because of we do not know the future of crypto. We may hold coins for kids and one day it can cost so much that it is going to be enough to become rich as for kids as for ourselves (parents). But what if all coins will turn to zero? The risk has place to be, especially if you are investing in bitcoin, but not just collecting it through some work. I would better collect Euro for my kids, but not cryptos; to me it is more sure.

Akbcryptomoon7668

newbie

Activity: 98

Merit: 0

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Topic: Saving for your Children Bitcoin vs Cash? - page 18. (Read 1785 times)