Saving for your Children Bitcoin vs Cash?

[Intersan]

I don't think that it is that essential to choose between bitcoin and fiat when saving up.  Whether it is for the family or the children,  specifically,  what will matter is the fact that it is for saving up.  We know that bitcoin has a huge room for price growth because of its volatility,  so it is good to save bitcoin as long term investment.

On the other side, if you are worried about the risks of existence for cryptos,  then you have the banks to consider.  Using real cash or fiat in savings is making sure that whatever happens in the future in the market,  the money you invested will grow and exist.

[markint]

Undoubtedly, the best inheritance we can leave our children is education, because with it they will be able to acquire by their own means the goods that perhaps at this time we are not able to offer them, or that in due time they will need. In the end, we do not know the needs they will have in the distant future or the challenges they will have to deal with, and there is greater potential in a good education than in a million dollars. For example, if today you educate them about cryptocurrencies, in a few years they will be able to accumulate more wealth than you can offer them with much effort and work.

[Tigorss]

Just like when we save money in the bank, right? Only here, we determine the minimum interest rate desired. This is because the lending rate occurring within the Lending Market is very volatile - by determining the minimum interest rate, this will prevent the robot application from investing when the rate is in a low - we - think position.

[richminded]

Just like when we save money in the bank, right? Only here, we determine the minimum interest rate desired. This is because the lending rate occurring within the Lending Market is very volatile - by determining the minimum interest rate, this will prevent the robot application from investing when the rate is in a low - we - think position.

Higher chance of making profit here especially in the long run but still not guaranteed. Personally, I don have any savings yet for them since I'm still single but for my retirement fund, some money are here and mostly in stock market which is lest risk and there's an stocks certs proof that you are part of the company.

[dewi91]

 

Undoubtedly, the best inheritance we can leave our children is education, because with it they will be able to acquire by their own means the goods that perhaps at this time we are not able to offer them, or that in due time they will need. In the end, we do not know the needs they will have in the distant future or the challenges they will have to deal with, and there is greater potential in a good education than in a million dollars. For example, if today you educate them about cryptocurrencies, in a few years they will be able to accumulate more wealth than you can offer them with much effort and work.

Absolutely right and I totally agree. Education is the best choice to make a better life for our children. If we give inheritance like money, stocks, real estate or bitcoin for them, it is still not able to ensure their future but with education they Will find the way to improve their life even if they are in a difficult situation.

[99btcwah]

If left to choose between the two, I'll say that I'll have to spread the investment between the two. Going all in on one bet would surely pay off huge dividends in the end, but if things go south, they won't even have crumbs to dust off their empty tables. But I guess the question reflects more on how you perceive risk and manage it. I'm not the all-in gambler type thus the approach.

[PETES]

Undoubtedly, the best inheritance we can leave our children is education, because with it they will be able to acquire by their own means the goods that perhaps at this time we are not able to offer them, or that in due time they will need. In the end, we do not know the needs they will have in the distant future or the challenges they will have to deal with, and there is greater potential in a good education than in a million dollars. For example, if today you educate them about cryptocurrencies, in a few years they will be able to accumulate more wealth than you can offer them with much effort and work.

Absolutely right and I totally agree. Education is the best choice to make a better life for our children. If we give inheritance like money, stocks, real estate or bitcoin for them, it is still not able to ensure their future but with education they Will find the way to improve their life even if they are in a difficult situation.

This is just like when you give them a fish then it will just feed them for a day but when you teach them to do fishing then it will benefit them for long term. So in short when you just give them cash or other assets then it will be just for short term especially when they didn't use it wisely but when you provide them a good education then everything will follows. Give them something that they can use for to improve their lives.

[goaldigger]

Theres two way on saving for your children. Your savings that someday will be inherited and your personal savings for them. If you can do both then go. You can invest on bitcoin and stocks for your children or vice versa. Its better if you will teach your children on how to invest and do it on their own on the early age.

[kuncimobil]

I think a safer investment is by saving in the bank even though the profit we get is just a little and all I do for my children's future is I keep investing in bitcoin but I'm also saving in the bank

[Opnsrc]

Investing on bitcoin for your children is not bad but, I prefer working towards both the Bitcoin and the Cash. I see great future ahead of the cryptocurrency community and it will be a big mistake and regret if my generation miss that opportunity of not meeting anything on ground so I need to invest on Bitcoin now and plan on my future with what am gaining here.

I think a good parent will use all the chances to help his children. If he is dealing with Bitcoins, then why not making saving for kids in BTC? Cash is always good as well.

[alani123]

I think keeping cash is not a great idea. Inflation is going to make the value of those go down through time. Potetially having a diversified portfolio is a good idea but if you want something more liquid then potentially a trust fund would be better. Crypto could be held as a percentage, like 2% or at most 5% of an investment to pass down generations.

[el kaka22]

That'll be a an interesting plan for your future kids. If i am to save something for them, i will save both because saving money is in the bank or at your home's vault is a safe investment for its value never swing down. A thousand dollars will always have a closer value to that after a couple of years. As to bitcoin, i will be saving on it too because even though its risky for value fluctuation, a thousand dollar worth of bitcoin can be double or tripled after a couple of years.

Of course. It will even be something stupid to just put all eggs in one basket for the kids. The best option is just to spread it all out. Some in cryptocurrency, some in stocks, others in real estates and probably a little in cash. I believe in the power of investment for the future anyway and not just some savings that no one knows how things may end in the future, and by investment, I mean building a huge conglomerate.

[followmenot]

I try to save most of my money on crypto right now especially bitcoin and ethereum (if I don't plan to spend for some time) My mother as far as I know still dislike bitcoin and she keeps buying USD & Gold. These are things I can say.

[Nahl]

comparing from those kind of investment type that Real Estate is the most safer rather than stocks or bitcoin but possibility to increase the value in the future i think all of them will good as long term investment and rather than devide them i think having all of them is more good and probably will profitable

[tambok]

comparing from those kind of investment type that Real Estate is the most safer rather than stocks or bitcoin but possibility to increase the value in the future i think all of them will good as long term investment and rather than devide them i think having all of them is more good and probably will profitable

If we are going to maximize our money it is better to invest in an insurance, bitcoin, real estate and stock market, it is better rather than sticking in just one, as of today I do have bitcoin, and insurance don't have yet stock market investment as I am still afraid to invest on it.

[Edraket31]

comparing from those kind of investment type that Real Estate is the most safer rather than stocks or bitcoin but possibility to increase the value in the future i think all of them will good as long term investment and rather than devide them i think having all of them is more good and probably will profitable

If we are going to maximize our money it is better to invest in an insurance, bitcoin, real estate and stock market, it is better rather than sticking in just one, as of today I do have bitcoin, and insurance don't have yet stock market investment as I am still afraid to invest on it.

In times like this that the price of bitcoin is down it is better that we do have money right now that we can pull out so that we cannot cash out our investment, so, when the price goes up again make this thing as a lesson learned and invest cash and to some other investment scheme just like stated above.

[richmcrich]

comparing from those kind of investment type that Real Estate is the most safer rather than stocks or bitcoin but possibility to increase the value in the future i think all of them will good as long term investment and rather than devide them i think having all of them is more good and probably will profitable

If we are going to maximize our money it is better to invest in an insurance, bitcoin, real estate and stock market, it is better rather than sticking in just one, as of today I do have bitcoin, and insurance don't have yet stock market investment as I am still afraid to invest on it.

In times like this that the price of bitcoin is down it is better that we do have money right now that we can pull out so that we cannot cash out our investment, so, when the price goes up again make this thing as a lesson learned and invest cash and to some other investment scheme just like stated above.

In short, you want to state that this is the real time for the people to invest into bitcoin who want to be rich in the upcoming months. These people are the ones who were really feeling sullen when bitcoin was above 20,000 dollars. They simply sulked away from the scenario. All such participants of the crypto market are feeling blessed by seeing bitcoin at prices that are affordable for them. Let us rock the party.

[pinoyden]

comparing from those kind of investment type that Real Estate is the most safer rather than stocks or bitcoin but possibility to increase the value in the future i think all of them will good as long term investment and rather than devide them i think having all of them is more good and probably will profitable

If we are going to maximize our money it is better to invest in an insurance, bitcoin, real estate and stock market, it is better rather than sticking in just one, as of today I do have bitcoin, and insurance don't have yet stock market investment as I am still afraid to invest on it.

In times like this that the price of bitcoin is down it is better that we do have money right now that we can pull out so that we cannot cash out our investment, so, when the price goes up again make this thing as a lesson learned and invest cash and to some other investment scheme just like stated above.

In short, you want to state that this is the real time for the people to invest into bitcoin who want to be rich in the upcoming months. These people are the ones who were really feeling sullen when bitcoin was above 20,000 dollars. They simply sulked away from the scenario. All such participants of the crypto market are feeling blessed by seeing bitcoin at prices that are affordable for them. Let us rock the party.

yes it is the best time to invest in bitcoin and all of us do also wanted to get rich , but the problem is most of us are only poor and we cannot occasionaly buy bitcoin whenever theres a dip and an open oppurtunity like this. that is why we are only sticking out onto some other forms of profitable jobs in order to earn an income and we rather save and kept that coins as a form of investment rather than actually buying it.

in terms of saving for my children , maybe i would prefer to choose cash because my bitcoins will always be converted into cash.  and cash is also much easier to kept and give to my children rather than bitcoins or any other cryptocurrency.

[begau]

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

I believe in the future of bitcoin, but if I want to leave something for children for their future, I will choose real estate. I want to make sure for the kids because real estate is always the safest channel if we have money available.

[Edraket31]

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

I believe in the future of bitcoin, but if I want to leave something for children for their future, I will choose real estate. I want to make sure for the kids because real estate is always the safest channel if we have money available.

I believe that we should have those investments, life is full of risk in the future, we don't know what could happen in bitcoin, in the stock market, in real estates or even investing in gold or silver so if you can maximize your money by investing in them then match better than having nothing in the future.