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Author Topic: Saving for your Children Bitcoin vs Cash?  (Read 1205 times)
Rrtt
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May 10, 2018, 08:59:27 AM
 #281

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.

I would agree with you sir. Bitcoin is good for profit. It is too risky as a savings for your children since the value is very volatile. I would prefer real state and even start a business for my childrens future.
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May 10, 2018, 09:26:19 AM
 #282

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Bitcoin is just like a running established business as the income/profit from bitcoin investment is the same as a person gets from a businesses or factory. That is why I will try to keep bitcoin for them as if they will grow up then the price of bitcoin will reach to a value when they will be able to buy much of the real estate than I will buy for them today. The price of bitcoin increases much faster than the price of stock and real estate.
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May 11, 2018, 07:05:35 AM
 #283

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.

I would agree with you sir. Bitcoin is good for profit. It is too risky as a savings for your children since the value is very volatile. I would prefer real state and even start a business for my childrens future.

although bitcoin is a good investment, we can invest in other investment so we can save more money for a long time for your children. making an investment in real estate was also a good choice for you because the price of real estate will always increase in a long time. so I think if we can have an investment in bitcoin and in the real estate in the same time, we can make sure that we are ready to prepare our children future so they can live with a better life.



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krampus854
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May 11, 2018, 07:53:35 AM
 #284

It is really hard for me to answer because i am too young right now but if i am having an opportunity to buy any of those choices i would choose bitcoin and real estate, In stocks it is very active everyday and it might dump anytime. In real estate it is place physically and can inherit anytime by your child.
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May 11, 2018, 10:18:10 AM
 #285

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Yes, now I'm saving Bitcoin for my child later. I entrust Bitcoin as my investment asset in the future. I do not worry if you want to buy Bitcoin in large quantities. Bitcoin is a future investment asset. And the more we have Bitcoin the more profits we will get later.

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May 11, 2018, 01:42:11 PM
 #286

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

I have saved them some coins and still those i am gaining for trading and campaign payments still for them,and the business I established is for them,anthe capital i used is from bitcoin so from here you should know my answer that its bitcoin will save the future of my children,but ofcourse with our guidance
well, in fact, everything we do now is for their sake. so bitcoin or cash, the best we will give them. and they can take advantage of it, and get better. So, right now, either cash, or bitcoin, we should try to get it for them.
if for my own better for our children's savings will be better in for two only money. which is half used as a savings account to the cash bank and the other half in bitcoin. because if the bitcoin of course we can also benefit in saving in bitcoin.



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CryptoGuro1
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May 11, 2018, 08:11:02 PM
 #287

Personally, I have savings account open, Then I am throwing spare fiat I have at the end of the month into crypto,

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May 12, 2018, 12:20:03 AM
 #288

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


As a parent it is my ultimate goal to save for my children's future. They deserve to live a comfortable and better life. For me I will save both cash and bitcoin for them.  Smiley
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May 12, 2018, 01:39:40 AM
 #289

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Yes, of course, the name of the parents would want to save the savings for his son and used in the future. And the three options that you mention it can be investment assets of the future. Bitcoin, Stocks, or Housing is a very asset suitable if we hold up in the future. Everything is very profitable and we just need to have a lot of capital to buy all the investment assets we want.
Getting the money in order to invest is the difficult part, most people that are working spend all their salaries on their basic needs, so they cannot afford to invest in anything, and those that could are so deeply in debt that a significant portion of their spare money is taken away by the interest rates they are paying to the banks and institutions that perform a similar job.
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May 12, 2018, 01:42:41 AM
 #290

Even me, I don't know what I choose because it is hard to risk your money especially for our children's future. Hard to choose, I think I need a little advice too.  Cheesy

I still hesitate to put my money completely in bitcoin, because the price is unstable so I choose to save in two options. I will save both, 60% bitcoin and 40% cash in a local bank. In order not to happen things that are not in want then I prefer to save both. So when my child needs money I can withdraw from bitcoin or take it directly from my savings at the bank
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May 12, 2018, 04:37:01 AM
 #291

Bitcoin is big check.
Stock is a big check.
Real estate is a big check.
Bitcoin cash? come on, do I have to say that it's a no?
I'm with you in this type of savings or investments. It is better to invest in cryptocurrencies and stocks rather than cash because we all know that its value will just diminish in the future. By having this kind of investments wherein the possible profits is higher than inflation rate then your investment would be growing instead of just having the same value or even diminish in value after a few years. Land is a good investment for me because its value keeps increasing. In addition to your suggestions would be a business that my children can run themselves in the future.

I won't save cash for them instead I'll let them inherit the properties and businesses if ever I'll have it in the future. Cash will just go lower due to inflation.
I would still save cash even if it has already lose some of its original value because cash is needed in case they have an emergency. The cannot just easily sell of the property when they need something so cash is still important. They can start with what I will inherit to them and they can earn for themselves afterwards.
Cash is everything because if you have cash you can buy bitcoin; invest in real estate and in stock and also start a business. The problem is earning cash and bitcoin is the best option to earn money today, because the price is under $10k and one can make good money from his today’s investment in bitcoin. I would like to buy some bitcoin and sell them in the future when the price is quite high.

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May 12, 2018, 12:15:59 PM
 #292

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

If your plan is to invest money for the future of your children, like their education or even a property it is better to choose something that is not as risky as bitcoin, I know that the profits that you can get with it are incredible, but are you willing to gamble the future of your children in bitcoin? I don't have any children that is why I can take more risks than the majority of people, but once you have children you need to take safer choices.
All of them are ok if you can. The aim is to save something for children and doesn’t matter cash, bitcoin, property or stock. I want to earn first from bitcoin and then buy some property for my family so that will be able to have their own house in the future and the best thing is to start some regular business, so that children will be financially safe.

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May 12, 2018, 12:58:22 PM
 #293

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Yes of course as parents certainly want to give the best for his son. Especially this concerns the future of our children all. Surely we have to save little by little for future savings later. I chose all three. I choose Bitcoin, stock or real estate. Because I believe these three investment assets can be the best investment assets and promising for the future.
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May 12, 2018, 02:50:47 PM
 #294

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

You want to invest and make some money for your child's future. There is no certainty when investing in stocks, bitcoins or real estate. They can change over time, according to the market and the needs of the user. Now you can choose bitcoin to invest the money for your children later.

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May 12, 2018, 03:05:49 PM
 #295

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

If your plan is to invest money for the future of your children, like their education or even a property it is better to choose something that is not as risky as bitcoin, I know that the profits that you can get with it are incredible, but are you willing to gamble the future of your children in bitcoin? I don't have any children that is why I can take more risks than the majority of people, but once you have children you need to take safer choices.
All of them are ok if you can. The aim is to save something for children and doesn’t matter cash, bitcoin, property or stock. I want to earn first from bitcoin and then buy some property for my family so that will be able to have their own house in the future and the best thing is to start some regular business, so that children will be financially safe.


Saving something for them is better than not saving anything for them and spending all your money in your daily life. If you save fiat money, the power of that money will be very low after years due to inflation. If you save bitcoin or ether, this will be much more valuable in the future for your children.
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May 13, 2018, 02:16:35 AM
 #296

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

Cash is not really an option, saving for your children is something that you're going to do for your life and it is going to take a lot of time to do that, but unfortunately due to inflation you are going to lose most of your purchasing power, so you need to invest that money something and in my opinion the best asset that you can pick right now is bitcoin or other cryptocurrencies, it is risky that is correct but it is a calculated risk.f
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May 13, 2018, 07:40:36 AM
 #297

Cash in my country gets upgraded every decade to increase more security features so it's not a good option. So I would choose bitcoin more than anything else so my future children will live an abundant life that I wanted for them.
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May 13, 2018, 08:02:20 PM
 #298

Cash in my country gets upgraded every decade to increase more security features so it's not a good option. So I would choose bitcoin more than anything else so my future children will live an abundant life that I wanted for them.
That is right and it is so worth to have bitcoin especially in the future, just look at what happened to those people who used to save bitcoin they are now rich and they are not expecting it to happen that the value of bitcoin became a thousand dollar worth so it is not impossible too that it could be hundred thousand dollar worth.
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May 13, 2018, 09:50:21 PM
 #299

Many media say that the age of bitcoin will reach 2140 if it is true until 2140 then of course I choose to save "in the form of bitcoin" because I feel confident at that price bitcoin will be more expensive.
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May 14, 2018, 11:35:21 AM
 #300

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

it is hard question .
if you have bitcoins or crypto currency go leave at least 1 bitcoin and leave it for yeaarssss or if other type of cryptos keep as many as you can haha.

stocks is also a good thing because over time you will earn and earn

real estate is a bit hard but a 1 time big time they usually say.
But for me because I am poor enough not to handle those but I will choose cryptos because I am pretty sure it is the future and the price will still go climb

Both are good. Save money for your family no matter bitcoin, Altcoin or cash money. The problem is how to save money and not what to save. But I want to tell you that if you have any experience of cryptocurrency and have the courage to buy bitcoin then it is better than cash, because cash should not be keeping in accounts but for doing some business to earn more money.
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