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Author Topic: Parents on childs savings bank accounts are waste of time if not saving on BTC  (Read 807 times)
YUriy1991
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July 12, 2024, 08:49:50 AM
 #101

Are you trying to say we should be trading Bitcoin and not hold it for future gains, I think that is a wrong advice you're giving out as when we try to trade Bitcoin regularly we risk losing at any moments. Using Bitcoin as a bank would be better as you don't have to worry about the volatility of the market but just keep accumulating Bitcoin to your highest capacity. Just as you would had considered a savings account for your children, you can do the same and keep the money in Bitcoin. Since your duration wouldn't be short term, you don't have to worry about losing. The more you hodl Bitcoin, the safer it gets to get better profits. Your kids would be glad you gave them a better future when they get to sell their Bitcoin and make big profits.

I agree that by continuing to save and increase BTC ownership, especially when the current conditions will be quite beneficial in the future and the fact is that people who already have a lot of money and have a strong trust and understanding of the great potential in BTC in the future will certainly not waste this opportunity to prepare for the twilight of the future.

The important point here that I want to say is caution, having a strong mentality and more or less we are required to understand the type of investment that has the potential in the future as well as the risks because the results in investing are always two whether it will be profitable and enter a state of depression, Well, if I read the direction of your discussion like this, BTC is the solution in this case.

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