Biodom
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June 23, 2019, 08:09:34 PM |
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my 2c about bitcoin and [helping] children.
IMHO, parents should help children achieve what they want to achieve and that's it. Practically: get them into the best pre-school and school that you can manage/afford, guide their learning and sports activities (in balance), never deny them what they ask as far as education goes (museums, trips, etc.). I also think that parents should pay as close to 100% of educational expenses (including college) as possible.
After this, the only way I see myself helping is a house downpayment (in expensive cities). They have to be able to be independent, not rely on trust funds, even if your btc winnings would allow for this in a few years. Later on, they will get their inheritance, but, hopefully, they would be ready for it then.
I agree and I also believe teaching them to save with their own earnings (regardless of any debts owing) is crucial at a young age. I started a savings account with my son in BTC when he turned 19 with the understanding that it will be a deposit only account until he's 40 or decided to buy a home. A very small amount goes in each month. My hope is that it'll represent/reinforce the notion of personal financial security while the value increases until a time where it actually does offer such security. Good one. I told my son that I would either open a Roth IRA for him (at 19) and deposit his first year earnings there OR btc...the brat chose btc. Oh, well, it can't be helped. So far, maybe 60% ROI, we shall see.
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bitserve
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Self made HODLER ✓
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June 23, 2019, 08:10:13 PM |
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Possible AYH breakout incoming.....
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ivomm
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All good things to those who wait
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June 23, 2019, 08:10:30 PM |
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Back to 11 000! This week will be very interesting!
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Cryptotourist
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June 23, 2019, 08:14:51 PM |
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The blingiest people I've come across never had a pot to piss in.
Can I be somewhere in between uncle D? I too have a thing with cars. I like to drive them until they don't drive anymore. Wash them once in a ... Also my weak spot is definitely located a few inches beneath my belly button. When porn dungeon?
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Searing
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Clueless!
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June 23, 2019, 08:15:14 PM |
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Back to 11 000! This week will be very interesting! Ah, Bitcoin is like the very HOT bi-polar Girlfriend. When it is bad, it is very, very bad. But when it is good, she is very, very bad...(er, distracted myself) ..I mean all is great! But there seems to be no in between. I alas, am addicted to the drama, I'm afraid. I HODL, thus co-enabling this merciless bitch that has my heart. Well, Bitcoin is always interesting, to say the least Brad
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Biodom
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June 23, 2019, 08:19:56 PM |
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Back to 11 000! This week will be very interesting! Ah, Bitcoin is like the very HOT bi-polar Girlfriend. When it is bad, it is very, very bad. But when it is good, she is very, very bad...(er, distracted myself) ..I mean all is great! aka "Shameless"... Cheers, B.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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June 23, 2019, 08:21:14 PM |
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Honey-badger clearly just does not give a single fuck.
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El duderino_
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BTC + Crossfit, living life.
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June 23, 2019, 08:22:34 PM |
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gentlemand
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Welt Am Draht
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June 23, 2019, 08:24:34 PM |
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Can I be somewhere in between uncle D? I too have a thing with cars. I like to drive them until they don't drive anymore. Wash them once in a ... Also my weak spot is definitely located a few inches beneath my belly button. When porn dungeon? You get a special pass since I think of you as the progeny I never had. Here by my blessing upon thee.
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Ibian
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June 23, 2019, 08:26:08 PM |
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Interesting points from both. Some people actually like being frugal, aka driving much less of a car than they can afford. WB is of course an example. Maybe they get off on power, etc. Sometimes it also could be a work place. If you suddenly show up with a Lambo or McLaren GT in a middle income workplace, there might be too many questions. On the other hand, what's the point if you can't spend a bit.
The rich stay rich by acting poor. The poor stay poor by acting rich. The blingiest people I've come across never had a pot to piss in. I have an in law who's the richest person I know. He makes a couple of million quid a year. The last time he stayed at a fancy hotel the staff asked him to hide his 2003 Skoda out the back. And many people are born doomed when it comes to money. No matter what they can't make the best of it or hang on to it. I've seen it many times. It's a talent as much as anything and you can't teach that. Actually... No talk about rats and how similar we are to them today, just one word. Amygdala. The bigger it is the easier it is to earn and manage money. And we know what makes it grow. So, to whatever degree that part of the brain matters, it can be taught. Even self-taught.
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gentlemand
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Welt Am Draht
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June 23, 2019, 08:28:43 PM |
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Actually...
No talk about rats and how similar we are to them today, just one word. Amygdala.
The bigger it is the easier it is to earn and manage money. And we know what makes it grow. So, to whatever degree that part of the brain matters, it can be taught. Even self-taught.
I can only judge on what's placed in front of me. And the people who were broke and crap with money decades ago are still broke and crap with money now despite at various points earning vastly more than I ever did. They pay lip service to sorting their shit out and then go and shit all over that. I've genuinely never known anyone who broke out of that behaviour.
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El duderino_
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BTC + Crossfit, living life.
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June 23, 2019, 08:37:40 PM |
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This week in crypto: 1. Bitcoin breaks $11k 2. Facebook announces Libra 3. Coinmine launches Bitcoin mode 4. Bitmain planning US IPO 5. Lightning Labs launch mobile app 6. Bitcoin still not dead THE VIRUS IS SPREADING! 🔥 https://twitter.com/apompliano/status/1142445295655116800?s=21
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jbreher
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lose: unfind ... loose: untight
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June 23, 2019, 08:51:25 PM |
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Don't forget: the drones are coming. You have been warned.
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el_rlee
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June 23, 2019, 08:52:21 PM Merited by JayJuanGee (1) |
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CME will open in an hour... will be interesting to see what happens; must suck to sit on a short and not being able to get out over the weekend Does somebody know how the price limit works? I mean halting BTC futures trading will not get BTC price changing. Will the be forced settlements?
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Biodom
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June 23, 2019, 08:57:27 PM |
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Don't forget: the drones are coming.
You have been warned.
huh? amazon drones?
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Last of the V8s
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Be a bank
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June 23, 2019, 09:07:05 PM |
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Agapios
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June 23, 2019, 09:07:48 PM |
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CME will open in an hour... will be interesting to see what happens; must suck to sit on a short and not being able to get out over the weekend Does somebody know how the price limit works? I mean halting BTC futures trading will not get BTC price changing. Will the be forced settlements? here i like that: must suck to sit on a short and not being able to get out over the weekend not sure what you mean with how "the limit works" when futures trading opens there will be i think gap up, instant gap up so if shorters had close limit on 10500 and gap up instantly put price to 11000, they will close with 11000 and not with 10500...at least i think so
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vroom
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a Cray can run an endless loop in under 4 hours
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June 23, 2019, 09:09:28 PM Last edit: June 23, 2019, 09:34:39 PM by vroom |
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tether premium (blue) vs. btcusd (red) the calm before the storm. $13000-$15000 in 1-2 weeks. you read it here first
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LFC_Bitcoin
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June 23, 2019, 09:17:24 PM |
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Moving again
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