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Author Topic: Saving for your Children Bitcoin vs Cash?  (Read 1205 times)
darewaller
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May 14, 2018, 12:19:08 PM
 #301

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.
These suggestions are equally good on their places but as soon as we come to know about the Bitcoin, if we want the benefit of our children we must transform the knowledge of Bitcoin into them. I would like to let the children know about Bitcoin and its investment so that they must get the profit from this currency.

For the prosperous future with Bitcoin, I prefer the new generation to learn about it. They must learn from the scratch. Because only when they are spending more time with bitcoin they will find out how to protect themselves from scammers and hackers. If we simply transfer bitcoin asserts to them then they will send them lavishly. This is what happening with most of the rich family and I will never prefer in my life to happen. Because bitcoin is more precious to me. I never allow to spend it lavishly.

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May 15, 2018, 05:58:35 AM
 #302

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.
Bitcoin is better but don’t all the money in bitcoin. Keep some in bank accounts so that if you need cash you will not need to sell your holdings. I will obtain both for my children because cash for their daily needs and bitcoin for their future. I think it is best idea to do something for family in the future. If their future will secure you will feel satisfaction,
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May 15, 2018, 11:12:00 AM
 #303

it is better to save the money for your children, you can do it with bitcoin or cash and I think it is good if we have bitcoin and cash together so if we have an urgent thing, we can use the money to fill that and we can save the rest of the money in the banks. besides that, we can keep the bitcoin in our wallet without selling or try to increase the bitcoin amount for your children's future so they can use the bitcoin for their life too.



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May 15, 2018, 12:42:25 PM
 #304

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.
Money is not for keeping in bank accounts but for generating more and more money. Bitcoin is the best way to make more money. Therefore I will buy bitcoin and hold them for long run so that the price reach to atleast $30k and then I will sell them. Bitcoin is the easiest way to earn money but patience and dare need for entering into this world.
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May 16, 2018, 02:17:32 PM
 #305

A good thought to ponder there, bitcoin, stocks or real state for our children's future, which is the best?

I'd say that real estate is always the best. Something that is physical in nature could easily be evaluated as an asset. And as someone mentioned, our children need not to know much about it to learn how to turn it into a profitable asset. History has proven that land value continue to increase no matter the condition of it's location (unless of course struck by disaster).

Stocks and bitcoin are both volatile in nature, the probability could not be define as crash can occur any point of time.

I'd say let's leave our children an asset that is physical and tangible and can be easily given a value, let's go for real estate.
No doubt real estate is good business, but for investing in real estate you will need huge money. Better to buy some bitcoin first, hold for some time and when you realize that now it is time to sell bitcoin then sell them for higher price and invest your earned money in earl estate. Real estate is slow growing business and will take long time to make money.

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May 16, 2018, 03:12:47 PM
 #306

A good thought to ponder there, bitcoin, stocks or real state for our children's future, which is the best?

I'd say that real estate is always the best. Something that is physical in nature could easily be evaluated as an asset. And as someone mentioned, our children need not to know much about it to learn how to turn it into a profitable asset. History has proven that land value continue to increase no matter the condition of it's location (unless of course struck by disaster).

Stocks and bitcoin are both volatile in nature, the probability could not be define as crash can occur any point of time.

I'd say let's leave our children an asset that is physical and tangible and can be easily given a value, let's go for real estate.
No doubt real estate is good business, but for investing in real estate you will need huge money. Better to buy some bitcoin first, hold for some time and when you realize that now it is time to sell bitcoin then sell them for higher price and invest your earned money in earl estate. Real estate is slow growing business and will take long time to make money.

I do in favor  in real estate as well, actually before I joined bitcoin community I am planning to invest in it, but when I found out that instead of investing in real estate I would rather invest here since I can play with my investment anytime and I can also withdraw it anytime without any further requirements.
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May 17, 2018, 03:22:21 AM
 #307

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.


It depends on the level of risk that you are willing to accept, as I said since I do not have any kids I can take any calculated risk that I want, but once you have the huge responsibility of the life of a kid you cannot take such a high risk, you need to be very careful about where you put your money because if for some reason your investment fails not only you will suffer the consequences of your actions but your children will suffer as well.
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May 18, 2018, 09:47:41 PM
 #308

Store some bitcoin, then probably buy some stocks and save up some cash as well. Cash is the most liquid so it's always great to store some of that in case of emergency purposes.
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May 18, 2018, 11:25:41 PM
 #309

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


Saving bitcoin is kind of wise, clever and risky.
Saving cash is kind of practical and safe way.

Bitcoin is known as a unpredictable kind of crypto coin. That will be more and more higher price if it goes long years. While Cash is a stable kind of currency that has on low potential to be high price if ever the economic state of their country will increase too.
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May 19, 2018, 12:27:00 AM
 #310

Store some bitcoin, then probably buy some stocks and save up some cash as well. Cash is the most liquid so it's always great to store some of that in case of emergency purposes.
Savings in bitcoin could provide us a good future indeed although we don't know what will happen on the future. To be more precise savings in bitcoin, cash and stocks will certainly gives good future.
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May 19, 2018, 04:41:15 AM
 #311

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
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May 19, 2018, 07:30:59 AM
 #312

As the old adage goes,never put all your eggs in one basket. It was originally real estate, stokcs or cash at bank. But as a crypto trader, I think adding bitcoins or alternative currency as part your inheritance to your family is a great thing any one can offer to his children.

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May 22, 2018, 02:40:21 AM
 #313

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.
That year is the year in which the last bitcoin will be mined and not the year that the life of bitcoin could reach, we do not know how long bitcoin is going to last, however it is my belief that we're going to see bitcoin existing for a very long time, so those that think that bitcoin is going to disappear could not be more wrong and are going to be sorry for not investing in bitcoin when they could.
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May 31, 2018, 08:47:32 PM
 #314

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

If i do have the money then those 3 choices being said above would definitely included on my long term list holdings which i do save up for my children and future granddaughers or sons but if i do really need to choose one then i would go for cash and real estate.Im not saying i dont have trust into cryptos but this time when it comes to security i would go for traditional businesses which already exist for a long time where you can somehow assure about the future of your family and kids.



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.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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June 07, 2018, 10:30:50 PM
 #315

I will save money for my children by investing in bitcoin instead of buying stocks or real estate. The future is more conditional than I would buy bitcoin for my children. Now I will try to make a lot of money. I spend a lot of time investing in bitcoin, joining campaigns.

It seems to me that participating in Bounty companies has a great opportunity to earn various kinds of tokens. These tokens can be sold for bitcoins. And how will you have Bitcoin, not harboring any funds from your home budget.


Those opportunity you wanted here is worth for our bitcoin savings if the market will have great impact to our holdings. If we save you earnings from the bitcoin savings which was the holdings you have, you could have a decisions to sell it in the future for our children. Although with cash savings there's no bigger opportunity to happen doubling its current price aside of how bitcoin really is capable with.

olumyd
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June 08, 2018, 01:54:11 AM
 #316

I think bitcoin is better than cash because even though we already know how risky bitcoin investment is, but it's the only investment where you can have your invested money folded into multiple times.

And there my friend is the mystery of gambling. While leaving cash behind has no definite value marker as inflation and other economic deficits can impact fiat currencies; however, bitcoin's extreme volatility and low mainstream usage doesn't make the decision any easier as they aren't better staking risk factor for such important savings.

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Whitly
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July 08, 2018, 08:28:24 PM
 #317

That's really hard to predict, what will happen with bitcoin in future, with all this unstable situation around cryptocurrencies in the world. Real Estate, should be good, but again depends on the situation in the country and region, but from another side, your children will have a place, where to live, when he will grow. Holding money in banks on deposits, also not really safe, because of inflation and low %.
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July 08, 2018, 10:31:13 PM
 #318

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.
That year is the year in which the last bitcoin will be mined and not the year that the life of bitcoin could reach, we do not know how long bitcoin is going to last, however it is my belief that we're going to see bitcoin existing for a very long time, so those that think that bitcoin is going to disappear could not be more wrong and are going to be sorry for not investing in bitcoin when they could.

What you say's true and I agree with it. I think although bitcoin isn't can be mined anymore chances are big bitcoin still can be used by its users either for online payment or anything that can be paid with bitcoin.
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July 08, 2018, 10:57:52 PM
 #319

That's really hard to predict, what will happen with bitcoin in future, with all this unstable situation around cryptocurrencies in the world. Real Estate, should be good, but again depends on the situation in the country and region, but from another side, your children will have a place, where to live, when he will grow. Holding money in banks on deposits, also not really safe, because of inflation and low %.
Well said, the future is unpredictable. What happens tomorrow is still a myth, the trust one has over it drives forward overcoming the risk. Teaching kids about cryptocurrency as well letting them know about it is a good thing for future, because to the risk one takes it provides the profiting which is not possible with the fiat.

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Shinpako09
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July 09, 2018, 06:54:49 AM
 #320

Still can't understand people. Bruh why choose one if you can have them both at the same time? You can split your money, 50% cash and 50% in btc or depends on how you split your money. With that, you won't regret any of those two for your childrens future because you chose both.
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