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Author Topic: Saving for your Children Bitcoin vs Cash?  (Read 1205 times)
Gabteb
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July 09, 2018, 06:58:48 AM
 #321

It s very hard to answer to that question as noone know what will be next from one side cash could go soon but from other side your childrens must know about crypto how to use and etc. as if they loose keys or wallet info then all is done.


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July 09, 2018, 07:26:08 AM
 #322

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.


Yes, agree because of most of the bounty people impatient because they will sell them in the market in order to make Bitcoins. People are not bothering about the company and future growth, they are just bothering about the short-term money and dumping the price of the coin.

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July 09, 2018, 07:33:28 AM
 #323

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


Real Estate = Stocks > Bitcoin definitely

Crypto space is still on a uncertain instrument as an investment due to its volatility and unregulated
Diversify it and make it
70% Safe investment
20% Slightly Risky
10% Risk

Should be pretty fine

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July 09, 2018, 08:16:07 AM
 #324

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.
Can't agree more with your take! A combination of investments in real estate and Bitcoin seems a very solid hedge for whatever the economy throws up tomorrow and at the same time a good strategic set up to gain from possible exponential growth in the price of Bitcoin in the future. With this set up, it's most likely any unforeseen circumstance around Bitcoin can be effectively contained.

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July 09, 2018, 11:10:33 AM
 #325

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.
I don't know if it is safe to call if one would do that, splitting his money between bitcoin and cash, but for me it is. Both investments possess risk and I know that bitcoin is more riskier but can be more profitable. I think many people have done it already but since bitcoin is still on dump, they can't say that they have already earned a profit. When it comes to saving, there are many methods but investments are much preferable because of the profit gained over a long time.

As of now, we have investments by cash/real estates and bitcoin to choose from but if you have the money then investments through cash and bitcoin can be done so you can gain both the benefits and advantage that both methods can give.

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July 09, 2018, 01:39:29 PM
 #326

I'm not sure, I mean if you are going to invest in BTC there are risks, not only that you'll deal with the risks in investing but you are also going to have a problem with the price, and it is either the price is high or the price is low, though even if it is risky I do think that investing and securing your Child's future in BTC is a good idea, but I do not recommend doing it yet, the price is extremely volatile, and I think for now It is better off being sure than being a risk taker, it is your child's future, so I do think investing in banks and cash is much more recommended for now.
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July 09, 2018, 02:08:51 PM
 #327

It s very hard to answer to that question as noone know what will be next from one side cash could go soon but from other side your childrens must know about crypto how to use and etc. as if they loose keys or wallet info then all is done.

 Actually its the reason why I enter the cryptocurrency world for my kids.

We cannot easily say how much we can have now but we may never know that someday when my kid have the ideas and know how to transact coins it will be easy for him to make it big in the future.

I will choose bitcoin because it is not stable unlike the cash you can have it anytime you want and it is more easy to spend and gone for an instant.

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July 09, 2018, 03:02:08 PM
 #328

Even though we don't know if what is the future of bitcoin, but i believe and trust that its safe investment, i will choose bitcoin. Except for that its safe, we can earn good profit someday. That it can really gives future to the children.
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July 14, 2018, 11:21:56 AM
 #329

I think it is best to save them both Fiat and crypto currency,
But for me a real estate is the best so they wouldn't have a problem on where to live in the future.

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July 14, 2018, 12:46:57 PM
 #330

My options are very simple i am having Bitcoin and other altcoins as savings for my children but at the same time i am also saving fiat currency to buy Home as Home is the first priority which will be the main expense in life. Crypto savings will be add on to the icecream.
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July 14, 2018, 01:32:40 PM
 #331

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?


All of this are good to inherite to your children in the future. Bitcoin if you hold this in the long time and timingly the bitcoin price is high it can be a huge amount to distribute to your childrens. Stocks, you can have some investments that you may pass to your children. Real State is a good inherite too because it is gives a assurance that you can give your children a good life that they may pass in their children too. All of this is a great strategy of a parents to have a good life for there childrens.

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July 14, 2018, 04:30:52 PM
 #332

Bitcoin saving is very good but living in real life then you have to think about it also. Like i am not able to use bitcoin as like i am using fiat currency so Bitcoin is a good investment for me but i will also save fiat currency and invest in real estate also as it is also must in living real life.

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July 14, 2018, 04:43:27 PM
 #333

It s very hard to answer to that question as noone know what will be next from one side cash could go soon but from other side your childrens must know about crypto how to use and etc. as if they loose keys or wallet info then all is done.

I think it is not hard to answer. in my opinion, we can save bitcoin and cash at the same times and we can do this every time. I am sure that it will work well for us in the future since if we save bitcoin, it means we can make a big profit in the future. and if we can save cash, we can have a big money in our bank account. but it is up to you, what you want to save because you need to determine for yourself.



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July 15, 2018, 01:46:39 AM
 #334

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

Which investment is safe?

Bitcoin?
Stocks?
Real Estate?

It is a difficult choice the only thing I can say to you is to not save money on cash, keep some in reserve in case you need it but that is it, I prefer to save in bitcoin because I know that it is going to grow in value in the next years and decades but if you are not so certain then it is a good idea to try to invest in real estate instead but that is difficult since real estate is so expensive.
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July 15, 2018, 02:44:10 AM
 #335

I'm not sure, I mean if you are going to invest in BTC there are risks, not only that you'll deal with the risks in investing but you are also going to have a problem with the price, and it is either the price is high or the price is low, though even if it is risky I do think that investing and securing your Child's future in BTC is a good idea, but I do not recommend doing it yet, the price is extremely volatile, and I think for now It is better off being sure than being a risk taker, it is your child's future, so I do think investing in banks and cash is much more recommended for now.
Very risky i think and it's like you are risking your children's future. But there is a win-win solution for this if OP really wanted his children to inherit fortune from him, why not save some bitcoin and the rest of it as a fiat. That way, the risky is lesser.
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July 15, 2018, 07:31:18 AM
 #336

Parents think it's safe to save money.Parents think it's safe to save gold and real estate.I think 20% of bitcoin can be saved.
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July 15, 2018, 11:37:53 AM
 #337

Parents think it's safe to save money.Parents think it's safe to save gold and real estate.I think 20% of bitcoin can be saved.

If I have enough extra savings that is not alloted for emergency then I will choose both cash and bitcoin.

But for now I am saving cash for my kids so that when emergency knock we can withdraw it easily because being a parent is not that easy. Cash is more easy to get unlike bitcoin that we need to consider the price before we transact to have our investment.

Also my brother told me that if I will be given a chance to choose investment, he recommend the bitcoin if my main goal is to have a lot of money but if it is for long run I can invest also on real state and on the stock market. Because he is already doing it  now.

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July 15, 2018, 05:47:40 PM
 #338

I choose to save bitcoin and cash. Because we dont know about the future. We must have two plan. So if one plan is not working we have one plan as backup. just in case should keep both.

Am I spamming? Report me!
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July 15, 2018, 06:50:56 PM
 #339

For saving money for them for the future, i think that saving Bitcoin or Gold are the best things to do. Saving cash for them is not that good, because there is a huge inflation per year (independly from the country that you are from) so it is not good
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July 17, 2018, 04:48:13 AM
 #340

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.


Yes, agree because of most of the bounty people impatient because they will sell them in the market in order to make Bitcoins. People are not bothering about the company and future growth, they are just bothering about the short-term money and dumping the price of the coin.
It is a common fact to the Bitcoin and other sources which exist everywhere and known as human error. Now we talk about best business and I say that all are better and are best for all of us and for our children.

Bitcoin is the most profitable if we have knowledge and it to handle and reach to the high market where we make huge profit. On the other hand traditional businesses are also very benefited for us especially real estate and some other businesses.

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