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Topic: Saving for your Children Bitcoin vs Cash? - page 5. (Read 1733 times)

newbie
Activity: 275
Merit: 0
i think to me is better to saving bitcoin for your children than to saved cash, because the tendency of increasing is very high to cash, also it will hopes your children to know more about crypto-currency.

we can do it from now and if we cannot use a big amount, then we could still use a small amount to start saving bitcoin for our children. the future of our children is important and we need to prepare from right now and I think we can do this because we want to give the best things for our children. besides that, if our children grow up, we can also teach them to follow our journey to work-related bitcoin so they can also have a new way to make money and they can start to make money like we did.

I divide it into 2 options, save in bank and bitcoin. I'm saving money in the bank because I'm not so risky about the money I have, and half of it I keep in bitcoin because bitcoin can give a good profit in the future.
hero member
Activity: 2408
Merit: 564
Bitcoin is big check.
Stock is a big check.
Real estate is a big check.
Bitcoin cash? come on, do I have to say that it's a no?
I'm with you in this type of savings or investments. It is better to invest in cryptocurrencies and stocks rather than cash because we all know that its value will just diminish in the future. By having this kind of investments wherein the possible profits is higher than inflation rate then your investment would be growing instead of just having the same value or even diminish in value after a few years. Land is a good investment for me because its value keeps increasing. In addition to your suggestions would be a business that my children can run themselves in the future.
Crypto's now are the modern wealth, modern type of investment that everyone shouldn't miss. Comparing to the old era where internet was also thrown by bad words and people who don't believe with it, we can see that internet is now one of the most needed thing in the world. And today bitcoin is still new and young but I wouldn't be confident with a single investment. We do live in a fast pace world everything is excelling such as crypto's and other type of digital assets.
hero member
Activity: 1190
Merit: 534
Well, instead of saving money, I would invest it in his/her education and will focus on giving the real world knowledge. I have recently read the famous book of Robert Kiyosaki and I am a fan of his cash flow technique. It doesn't make any sense to follow the same rat race that everyone is following, going with some alternative way would do it in a faster and better way for us and I would invest for his brain rather than his pockets.
sr. member
Activity: 686
Merit: 257
I go for investing in bitcoin of course, as you can see in last year bitcoin pump up so high it's like increasing x20 and we know that bitcoin keep increasing yearly but I don't invest it all of my money just half. I think it's a safe to invest in bitcoin if you have a hard wallet and hide in a safe place this will be the better future for your children.
well, for now it is very good to invest in bitcoin, even more so if the store for our children. but, I might prepare both. cash, and bitcoin, we most likely need both to prepare for their needs.
Right now since I don't have yet children and I am preparing for now is for my education and for my siblings as well I am making sure that before I enter marriage I am already a millionaire so that my children would have the chance to live a life that they deserve.
legendary
Activity: 1218
Merit: 1000
I go for investing in bitcoin of course, as you can see in last year bitcoin pump up so high it's like increasing x20 and we know that bitcoin keep increasing yearly but I don't invest it all of my money just half. I think it's a safe to invest in bitcoin if you have a hard wallet and hide in a safe place this will be the better future for your children.
well, for now it is very good to invest in bitcoin, even more so if the store for our children. but, I might prepare both. cash, and bitcoin, we most likely need both to prepare for their needs.
full member
Activity: 1344
Merit: 102
I go for investing in bitcoin of course, as you can see in last year bitcoin pump up so high it's like increasing x20 and we know that bitcoin keep increasing yearly but I don't invest it all of my money just half. I think it's a safe to invest in bitcoin if you have a hard wallet and hide in a safe place this will be the better future for your children.
full member
Activity: 434
Merit: 100
I think bitcoin is better than cash because even though we already know how risky bitcoin investment is, but it's the only investment where you can have your invested money folded into multiple times. Despite of being risky, it's also a known fact that bitcoin has grown its market price over the past couple of years since it was launched.
newbie
Activity: 240
Merit: 0
Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Any investments has its own degree of risk. Bitcoin has a potential high returns but its risk is high. Stock market has is also risky but it depends on you on how much stocks will you buy. The potential return in stocks market depends on how much stocks you also bought. Real state has the lesser risk among the 3 but the returns aren't that big as the 2. You can invest 50% on the real estate, 30% on stock market and 20% on bitcoin. It really depends on the what type of investors you are.
newbie
Activity: 112
Merit: 0
Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Yes, of course, the name of the parents would want to save the savings for his son and used in the future. And the three options that you mention it can be investment assets of the future. Bitcoin, Stocks, or Housing is a very asset suitable if we hold up in the future. Everything is very profitable and we just need to have a lot of capital to buy all the investment assets we want.
sr. member
Activity: 644
Merit: 261
Bitcoin is big check.
Stock is a big check.
Real estate is a big check.
Bitcoin cash? come on, do I have to say that it's a no?
I'm with you in this type of savings or investments. It is better to invest in cryptocurrencies and stocks rather than cash because we all know that its value will just diminish in the future. By having this kind of investments wherein the possible profits is higher than inflation rate then your investment would be growing instead of just having the same value or even diminish in value after a few years. Land is a good investment for me because its value keeps increasing. In addition to your suggestions would be a business that my children can run themselves in the future.

I won't save cash for them instead I'll let them inherit the properties and businesses if ever I'll have it in the future. Cash will just go lower due to inflation.
I would still save cash even if it has already lose some of its original value because cash is needed in case they have an emergency. The cannot just easily sell of the property when they need something so cash is still important. They can start with what I will inherit to them and they can earn for themselves afterwards.
hero member
Activity: 840
Merit: 502
Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

If your plan is to invest money for the future of your children, like their education or even a property it is better to choose something that is not as risky as bitcoin, I know that the profits that you can get with it are incredible, but are you willing to gamble the future of your children in bitcoin? I don't have any children that is why I can take more risks than the majority of people, but once you have children you need to take safer choices.
hero member
Activity: 2408
Merit: 564
Bitcoin is big check.
Stock is a big check.
Real estate is a big check.
Bitcoin cash? come on, do I have to say that it's a no?

I might save them cash.
I won't save cash for them instead I'll let them inherit the properties and businesses if ever I'll have it in the future. Cash will just go lower due to inflation.
newbie
Activity: 141
Merit: 0
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.
I also agree with you. I will also save cash money for my family instead of bitcoin, because there is no guarantee of digital currency in the future while cash in hand is everything. I can do anything with cash. On the other hand you will have no control over your digital currency, bitcoin or any other currency. Therefore for me the only choice of saving for my children is hard money.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

There is no safe investment ,you are the one who will take care it for them .Bitcoins is safe you'll need to keep it in a cold wallet or hardware wallet and to give them to open in the future. Stocks is not that much easy so it would be better for them to have grow their money passively and Real Estate i think it is good and the most easiest for them to handle, they don't need to much knowledge for that .
sr. member
Activity: 344
Merit: 250
Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


I prefer to store bitcoin for my son's future rather than saving it in money, because storing bitcoin is very profitable in the future when the bitcoin supply condition becomes thinner which makes the price will definitely increase.
It is a good decision to store your bitcoin for your children but i think we should not put all our investment in one place, we should distribute our investment in different places, we should buy gold and hold it because gold ha a very stable price and it can give us good support to save our investment.
full member
Activity: 476
Merit: 100
Like every parents want to leave something for children for their future.

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


I prefer to keep my assets in bitcoin form rather than cash money, because in my opinion in the future have started using digital currencies so that all digital based coin is definitely going to be a lot of very expensive and if you have a digital currency like bitcoin is definitely going to be profitable.
hero member
Activity: 1960
Merit: 540
Leading Crypto Sports Betting & Casino Platform
I think, it would be safer to invest with savings or bank deposits, although the profits that can be less than investment in bitcoin but have a smaller risk and of course more secure
What makes you label bitcoin as a risky investment? Bitcoin is not that bad as you guys presenting ti to the public. The world belongs to technology and bitcoin is the milestone of a new currency system of the future global village. Those who know about bitcoin at present are lucky because when everyone will be after it, it would be hard for people to collect it for their children. Don’t go for cash it will become obsolete soon.
member
Activity: 448
Merit: 12
Upto now bitcoin is the safest asset. If you want to inverse now for your children ,bitcoin is good choice.You can inverse now and sell when the price increases maximum .Then keep that amount in the bank,if you feel it safest.But before that you can inverse in bitcoin and get the profit for the investments.Of this bitcoin is safest now.
I think that the banking system can not trust its assets in the crypto currency. Perhaps in some countries even there is such an opportunity, but it is in the totalitarian countries, which I call where Bitcoin is banned, yet try to avoid real possibilities of using crypto currency .
hero member
Activity: 2170
Merit: 553
Vave.com - Crypto Casino
Upto now bitcoin is the safest asset. If you want to inverse now for your children ,bitcoin is good choice.You can inverse now and sell when the price increases maximum .Then keep that amount in the bank,if you feel it safest.But before that you can inverse in bitcoin and get the profit for the investments.Of this bitcoin is safest now.
full member
Activity: 462
Merit: 100
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.
Bounty campaigns are source of earrings and not savings. What will you do seriously for saving for your family? I can earn from many sources but the best way to save money is in real estate, because it is savings and also a profitable source of making more money which has no fear of losing or stealing. The other way of saving in in banks but not investment in any place.
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