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Author Topic: Saving for your Children Bitcoin vs Cash?  (Read 1728 times)
eaLiTy
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March 09, 2018, 10:03:23 PM
 #21

Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
If you are looking for the safest investment,i would say non of them are safe,each investment comes with their own risk,real estate was a good investment a long time back and not at this juncture,you can make a good profit with stock market and even with bitcoin,but you have to find the best entry point and you have to follow the market religiously and act according to the market situation.
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March 09, 2018, 10:07:03 PM
 #22

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

of course real estate, more secure and definitely profit, while for Bitcoin and stocks are very risky and I do not want to make my son dizzy later.

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March 09, 2018, 10:08:12 PM
 #23

Tough question, as an investor I would suggest everybody: DON'T put all Your eggs in one basket, let it be RE, Stocks, Commodities, Cash or Bitcoin (or cryptos in general).

Cash is by far the worst ''INVESTMENT'' You could make for the future, every year it depreciates due to inflation( so You're constantly losing money, in the form of its value).
My advice is: Balance everything in a manner You're comfortable with, (at some point You will lose money somewhere) risk what You can afford to lose.

Cheers, Ronnie
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March 09, 2018, 10:08:17 PM
 #24

Well, to keep all the money in one place is silly. I'd rather invest in real estate, bitcoin, and real money. Believe your children, financial safety is much more important.  Smiley
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March 09, 2018, 10:16:06 PM
 #25

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Leave something that has certain future and won't collapse anytime. The price of bitcoin is unpredictable. You never know what is going to happen to crypto currencies, so there is no guaranteed future about it. Why risk your children's life? Best to save fiat which is totally risk free!

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March 09, 2018, 10:22:17 PM
 #26

actually i choose both because i need to secure well the future of my children, specially the education plan, i need to save fiat money to the bank because until they have fiat in the circulation in the currency fiat is still strong currency as old one.
savings of bitcoin are very profitable but is risky to save huge amount of bitcoin in online wallet because the hacker. save 50% bitcoin and 50% cash paper for the wise decission security of the future of the child are very important.
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March 09, 2018, 10:23:53 PM
 #27

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.
Saving for me is everlasting weapon. Whether it is a real cash or a crypto,I must save for the future's sake,for my future children's sake. I would be happier if they will also know every side of bitcoin because I will be teaching them the proper way of saving money so that if they are ready with bitcoin will be just a normal turn for them.
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March 09, 2018, 10:48:35 PM
 #28

Well, to keep all the money in one place is silly. I'd rather invest in real estate, bitcoin, and real money. Believe your children, financial safety is much more important.  Smiley

Bitcoin is the real money. I hate when people are referring to fiat as the real and crypto as... unreal?

I'd choose cryptocurrencies and maybe some real estate, gold, things like that. I wouldn't choose fiat as a store of value and it certainly is not an investment because its value will not go up over time. It will go down!
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March 09, 2018, 10:56:00 PM
Last edit: March 10, 2018, 03:31:33 AM by Question123
 #29

We know that bitcoin is very risky because they have possibility that your investment in bitcoin will gone if the price decrease or become zero.  So much better if you have bitcoin and money for your children. Better to have cash in bank incase you die your money is safe. But you can make more money to bitcoin and you will get high profit if the price increase.
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March 09, 2018, 11:02:18 PM
 #30

I think the safest investment for the children are real estate and gold, real estate price usually will keep on increasing and if the values go down your children still can live in there, bitcoin and stock are risky investment there are no certainty in the future and the volatility is very high, but both of the investment could turn into big profit
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March 09, 2018, 11:32:18 PM
Merited by edgar (3)
 #31

I believe the safest investment is education. Portable, cannot be confiscated and, above all else, makes you look at the world with better perspective every time. My modest income goes to my son´s education first.
Then, I don´t have curtains or other niceties at home so I can leave him a few ounces of silver, some Bitcoin and, I hope, a fully paid home by the time I am gone.
But nothing can compare to the furniture he is getting between his ears.. and his childhood memories.
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March 09, 2018, 11:43:18 PM
 #32

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


        For me i will choose real estate savings for the future of my childrens. From bitcoin i will invest also in real estate  because it is much secured. We don't know what will happen to bitcoin someday if we use it as savings for the future of our childrens. Bitcoin is volatile and we have no assurance that it will last forever.

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March 09, 2018, 11:48:05 PM
 #33

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

I think I am going to go for Bitcoins and Real Estate because without doubt those two are some of the lucrative investments ever and it’s very to diversify your investments instead of focusing solely on just a single one.
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March 10, 2018, 12:05:18 AM
 #34

Which investment is safe?
Choosing from the options below I believe Real Estates is the safer one.

Bitcoin?
Bitcoin is a good investment nowadays, but we must be smart about its unstability. It's not a good idea to put all your eggs on this basket and at same time it's a necessary investment, everyone should invest in BTCs with some amount of money. If it will worth for your heirs, only time will tell.

Stocks?
I think it's a hard investment to join.
Very bureaucratic for me and usually needs a lot of money to go in. Also, you are trusting another person to make it successful. In my country a big company broke for corruption purposes and all the share-holders (that didn't steal the company, of course) have lost money as the shares prices collapsed.

Real Estate?
The best option. You skip fiat's depreciation, you skip Bitcoin's unstability and make your patrimony grow solid.
Negative points: Sometimes it's needed a lot of money to start the investment, depending the neighborhood/city/country your patrimony can lose value.

 
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March 10, 2018, 01:02:01 AM
 #35

 If something comes after Bitcoin, don't just dismiss it outright the very least you can do is look into the incoming technology. 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.
 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.
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March 10, 2018, 01:05:16 AM
Merited by edgar (1)
 #36

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

unfortunately this is not true, I myself see my neighbors say they want to burn their own children, there are many parents who do not love their children, in fact for these parents children are a burden in the lives of these parents, these parents want to get rid of their own children.

Which investment is safe?

You should consider the following: what investment will you make that will be easily accessible to your children in the event of your death for example, let's take a clearer view if you die the investment you can make that your children will have access to easily.

By this I mean that here is not only the profit that you should be worried about, but what is easy for your children,

bitcoin is an excellent option, but you will need to trust at least 3 people and these people should give their bitcoins to their children in the event of their death and here may even have great headaches ... other investments involve documents and government then these will benefit their children, but they are not as profitable as bitcoin

Bitcoin = is very profitable, but it has a 90% chance your kids will never see such a bitcoin if you trust the wrong people in case if you die

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March 10, 2018, 01:18:13 AM
 #37

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

Which investment is safe?

Bitcoin?

Stocks?
Real Estate?

For me I will not stick to one investment to the mention above I will choose to invest in bitcoin and stock because as other mention that we cannot foretell the future of bitcoins so it is better to have investment with bitcoins and with stocks. I trust bitcoin investment because I already have earned this but it is better to have many investments.
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March 10, 2018, 01:42:34 AM
 #38

I also make future investments for my children to use later when they need them, I would rather give my son a bitcoin investment for a source of income and give the house for them to live, and that between bitcoin and home is badly in need of my children in the future.
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March 10, 2018, 01:47:50 AM
 #39

A very difficult question, choosing to save bitcoin or cash for our future grandchildren. if we choose bitcoin will be high risk, with bitcoin prices that often go up, make us have to think carefully, because it could be bitcoin future no commodity or otherwise, making us richer than the money that keeps the cash. unlike we keep the cash, we will be safe even though the value of money will be reduced. the point is back to our beliefs.
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March 10, 2018, 01:49:36 AM
 #40

i think its bitcoin Smiley
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