I strongly agree! Putting my money in the bank is what I will do to keep it safe. Making it a habit, saving money can help us become financially secure and provide a safety net in case of an emergency. It's not that Bitcoin is not the best way to save money, but it's about taking a look at safety and stability. Bitcoin is a breakthrough but let's face the reality that it's not that stable for now, it's still very volatile. However, let's not end our strong support as I'm very hopeful that it will grow and there's more developments to come. Let's all stay positive and patience.

Bitcoin is an investment, when it give you profit, take and leave it. What use of a bank if not to save money, if want only to save money bank is already good choice, this is what people must change.

Still hope you're a troll because parents shouldn't be this stupid to ask for financial advice here.

Before doing something people should think twice as you know bitcoin is highly volatile and its price can be ups and down anytime. Because of this reason investors need to think about saving money for their kids. But to me, bitcoin is the standard platform for long-term investment and also profitable.

Indeed. It is a good way to save money for our kids simply because once you have a lot of bitcoin kid future will be have bright future. But, if you save money with bitcoin you should store it in a safe place. You should also tell to your kids about it so that they can really use it in the near future.

The avarage is the best tip you can give him. I would suggest him to put ALL college funds and school funds into btc. Not only because the price is "low" ( it can goes lower) and it will be much higher, but basically because the school is just a debt and a waste of time. debt vs asset, do you really need to choose?

I think yes, But bitcoin is very volatile that is why we can depend on its value, and we dont know what will happen in the future and there are many what ifs?

-What if? value of bitcoin dropped to $100 in the future?
-What if bitcoin leaves us ?

I must prefer do saving also in fiat and put it in the bank or put it in the stocks so that the money will not be in stagnant.

Yes, Bitcoin is a good way to save money for our kids. I think that bitcoin is a good investment for future course of action and fulfill our family dreams. Bitcoin have the big opportunity to growth of money than gold, property and other saving traditional resources.

Sounds like your friend doesn't understand the basic concepts of this market. If you're friend can't handle the fact that bitcoin is highly volatile and anything can happen at any time (for instance, a massive dip), then the cryptocurrency market isn't a place for him/her. You need to know what your getting yourself into before getting involved in this market, tell your friend that.

Es un mercado muy volatil como para considerar a las crypto como un conjunto como respaldo del FIAT, es más una inversion. Yo en mi caso lo veo mas como tener acciones de una compañía el tener alguna ALT , te puede ir bien o mal pero para respaldo hay otras opciones.

I don't think these kinds of coins will be able tocdlourish in the market. Simply adding up multiple weak coins will not do the market any good at all. I mean it would've beeb better of they just focused and developed one strong coin and back it up financially. This will just end in a disaster especially now in this blooody market.

BCHSV and BCHABC are NOT THE CAUSE!!!

they knew as far back as the summer that new asics were coming which would make it cheaper for crtain farms to mine.
its the farms selling for profit while changing their asics.

the BCHSV and BCHABC drama is empty drama of no impact. they just timed it to be happening now to glory hound themselves to sound like they are the cause and to pretend they are influencers.

stop pretending they have power. their friggen altcoins. on a different network.
to even be able to tank the price they first need to convert their altcoin into btc to arbitrage the prices down.. and guess what. the market trading charts do not show this occuring