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Author Topic: Saving for your Children Bitcoin vs Cash?  (Read 1207 times)
Akbcryptomoon7668
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March 09, 2018, 07:41:46 PM
 #1

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?
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March 09, 2018, 07:53:08 PM
 #2

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.
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March 09, 2018, 08:22:05 PM
 #3

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
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March 09, 2018, 08:29:13 PM
 #4

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.

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March 09, 2018, 08:32:18 PM
 #5

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.

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March 09, 2018, 08:35:59 PM
 #6

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.

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March 09, 2018, 08:38:08 PM
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 #7

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.

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March 09, 2018, 08:45:03 PM
 #8

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.

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.
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March 09, 2018, 08:47:57 PM
 #9

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.
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March 09, 2018, 08:50:34 PM
Last edit: March 09, 2018, 10:08:48 PM by darkangel11
 #10

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

I would skip fiat completely. It's not an investment! If you ever need fiat for something important like getting sick, helping a friend or a family member, you can always sell part of your investment for fiat. That 20% in a couple years will be worth much less due to inflation, while it could be working for you in any of the investments mentioned above.

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.

Great to hear that. I'm also not 100% in. I didn't sell my house to invest in BTC, so in a way I still have real estate. I only spent all my fiat because I know that it will only be worth less as time goes by. I prefer to bet on cryptos than play the losing game for another 10 years or more.
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March 09, 2018, 08:55:19 PM
 #11

It's a good idea to hold some bitcoins for future for ourselves or our children. But it should not be the only investment. Because it is so risky. Better to have different investments.

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bitart
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March 09, 2018, 09:30:25 PM
 #12

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.
Real estate is also a bit speculative on the short term, but on a really long term it's quite profitable. The key is something like to balance your portfolio based on your freetime as well. You have to spend time to maintain your portfolio, real estates takes a lot of time if you have a lot of real estates, while gold and silver and the other dematerialized things like stocks and bitcoin are relatively easy to handle (you only need a PC). If you buy too much real estate, you have to hire someone to look after them if you have other full time job. So it depends also on your circumstances, which portfolio is the best...

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March 09, 2018, 09:34:08 PM
 #13

All ages saved the land for the next generation. I think it is still the same and logical. If i save something for my child it would be the real estate. Because the value never changes...
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March 09, 2018, 09:34:43 PM
 #14

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

For me its real estate. Even it bitcoin can provide the highest rate of return, still it has no assurance of success an that it will appreciate even better in the coming years. I will still invest in bitcoin but not to put even for my children's future.
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March 09, 2018, 09:42:14 PM
 #15

It is important to hold a little bit of almost every asset class you can. You want to diversify and put money into them all.

Strong diversification, especially if you can find ways of investing in assets that do not correlate with each other. Has the greatest reward for the risk. This has been shown again and again in academic studies. You want to eliminate as much market risk as possible.

Right now real estate and crypto don't have a strong correlation, so they make a good addition to your portfolio if you are worried about real estate crashing and vice versa.
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March 09, 2018, 09:46:17 PM
 #16

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

If I want to leave behind, there'd be some real estate obviously. There would be cash in majority,with addition to gold.
Stocks? Meh. No thanks, I'll pass on it.
Bitcoin? Maybe. If they know how to use it, sure why not. Might as well teach them how cryptocurrencies work etc.


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March 09, 2018, 09:51:31 PM
 #17

Never put safe, and bitcoin in the same sentence. Yes, it has the potential huge gains, but over the long term we just don't know. Obviously it is a horrendous choice for long term savings. Stick with property, particularly in a well sought after area, as you'll be guaranteed at least 5% rental yield forever. I'm not saying don't invest in Bitcoin, you probably should. But just don't count on it long term until it is more stable.
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March 09, 2018, 09:58:02 PM
 #18

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


Why don't you diversify then?

Invest on everything you mentioned. The chances of the 3 investment going down in unlikely. So at least you have Plan A,B and C in place as well. To be honest, I have invested first on Real State, and then I have my stocks and now with crypto's. Real state for me is the safest of the three as the price continue to increase every year.

Stocks and crypto are very volatile and you need to be very careful and try to mitigate your risk.

And the house that I bought years ago can also be given to my children as inheritance. So I say that go get apartments or condo units and invest on them early.

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March 09, 2018, 09:59:14 PM
 #19

Do save in both because for me even there always assurance in anything still all are possible like they will gone so i think it's good to think all

In crypto i always save 30% to 40% coming from my earning here and i will do it in 2 to 3 years here then stop

In bank i put also some money because the more place to save the more safe and secure for me

For more good save also some money in your own place like your home or etc. that you own

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March 09, 2018, 10:00:37 PM
 #20

This question make me think so much.When we talk about for the future of our child as a parent you need to become wise.Now i prefered cash for my sons future i have a saving s for him.But i have also savings in btc but  now  high value 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.And i hope in the future bitcoin will continue so that i will teach my son to continue what im started in bitcoin

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