Its Bitcoin a good way to save money for our kids?

[bummm]

Although I love Bitcoin and support the cryptocurrencies, I do not think that it can be the perfect saving for our children. As we all know, the crypto is very volatile, and we need to know that the life of our close people is stable.

[ninokh]

if I better save money for children by investing in property and land because it is safer than bitcoin investment. investment is very risky because the value is very volatile no one knows whether bitcoin can pump again after the downtrend now. while the needs of our children's life and school in the future are certain. so that we better invest money for our children in something that is certain and will not be lost, namely investment in property and land. the value of land and buildings always goes up every year.

[timotron]

Bitcoin is an investment, when it give you profit, take and leave it. What use of a bank if not to save money, if want only to save money bank is already good choice, this is what people must change.

Banks can be good to save money for few people, but the reality is other, banks created this paper money to have control, it is a BUSSINES and we are the GOODs they trade.
Save the money in banks? I think this is not a choice anymore, at least for me.

[ansarose1]

As of now it is not good to save money in bitcoins for your kids, rather teach them the fundamentals on how to earn on bitcoin and cryptocurrency. You better save the money for your kids in bank, it is too risky to save now in bitcoin since its price continues to fall.

[jerrison]

i will say to you, the best way to safeguard your children's future will be to get sufficient bitcoin and get is saved for them as it can not be said what the future holds for the financial sector but then the future of blockchain technology and the bitcoin in particular is very sure so protect your children's future by insuring their financial future in bitcoin.

[gadimbrut]

I posted Bitcoin can be chosen for long-term investment, but in recent months the price of bitcoin has continued to fall, so I look for alternatives to bitcoin, and in my opinion gold is better to save money, because the risk of gold is smaller and the price stable.

[bongdaso25]

Bitcoin is now available at promotional prices. We can buy in and save for the kids

[johnny508]

It is indeed it is a great investment for kinds future because there is no reason for bitcoin to fall again but individuals who are in the market are making decisions due to uncertainty and afraid without proper reasons and that is the main reason even bitcoin is doing fine and all the things are happening for its advantage the price is falling in a high rate but I think this situation will change very quickly and individuals who are in the market will understand and that is why it can be a great investment for kids

[Stac]

Bitcoin is a good way to save money for our kids Bitcoin is the first crypto currency started in the year 2009 which can be operated world wide for the benefit of the global community for their daily requirement. Bitcoin is leading us to the digital world and it  has a strong net work systems  which is linked with the modern technology. Bitcoin has established as a new form of economy which can change the face of the current economic concepts of the world.Its features are very attractive to the global investors and hence its popularity has wide spread world wide.As a modern economy bitcoins usefulness has already established world wide.Bitcoins market experts prediction is that with in the forth coming five years one billion people will be using the  crypto currency. If the above prediction is materializing means the bitcoins price can move up to any heights.So if some wise investor is investing to bitcoin they can save money  for their kids accordingly.

[Aris novianto]

how to save money for our children by taking a walk or reducing the money we usually give, children often spend a lot of money, now the price of BTC is declining, so children need to save money

[wow.magic]

I am a believer of cryptocurrency. I always believe that Bitcoin/Crryptocurrency have a bright future. and I believe that saving money in bitcoin for my kids is really good things to do. but sometimes we have to be realistic, I will not save all my money in Bitcoin because that is really risky. 

Of course, bitcoin investment is risky, but for me investing here for our children's future is bright idea cause I believe in bitcoin it give us good profit. Saving money for our kids future is our best to do to make them successful someday but we need to think investing in cryptocurrency is risky it's better to invest the money afford to lose.

[SteveStake]

If the plan is to save it for many years I don't think the short term rises or crashes really matter. If holding for many years I think it would be a good investment.

[saumang2m]

Yes you are right. Bitcoin is such a platform. In which we can earn such a currency by working. The more we save as long as we save, the more we will benefit. Bitcoin is a good choice. To save money for our children.

[mrcash02]

I posted Bitcoin can be chosen for long-term investment, but in recent months the price of bitcoin has continued to fall, so I look for alternatives to bitcoin, and in my opinion gold is better to save money, because the risk of gold is smaller and the price stable.

It's good to diversify the funds. Gold is an interesting investment to store your money value on long term, very stable investment option, but thinking about generating some profit there are better options and Bitcoin can be one of them, however there aren't guarantees.

Bitcoin is a good way to save money for our kids, but as there are high risks involved, parents shouldn't rely exclusively on Bitcoin to give their children a confortable future. To rely 100% on Bitcoin is a mistake, but to put Bitcoin aside is a mistake as well.

[Sandus_Cryptolover]

It's all based on individual choice and decisions whether to save Bitcoin for the children on not. While doing that, the risks involved should as well be understood and done adequately.

[Insufficient]

If your kid is really young then perhaps save them some bitcoin can be ok as it will be for the long term. although we can use it to trade which make us profit no matter how small then save the profit for the kids. Personally i will use it to trade to grow it rather than keeping it although we know it does have a potential to double or even more.

[Dondont]

A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.

I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share

Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?

I don't agree with that, assets for our children should be in the form of gold, not crypto. This is clearly not a good environment. Not that I mean that crypto is bad, not like that, but this is about guarantees for our children, these things should be kept in a form that is definitely going up, in the next few years (home, gold). crypto is extremely volatile for your friend's son future.

[Anti-Cen]

"Its Bitcoin a good way to save money for our kids?"


Yes, sure mate and so is buying potato's and seeing if they are the new ones that don't rot and the word you was looking for was "Is" and not "Its"

Robots with lots of advert impressions keep pumping this post back to the top of the page, hi robots, earned more than a cent today have we 

[WebTera]

This is a great way to save money for your kids. I think that the prospects of bitcoin are real and will come to life, and your accumulated cryptocurrency will greatly help your children in the future.

[terencio]

Yes, of course just allocate some portions of the saving in crypto, and the rest invest it somewhere else like trust fund, education fund or health insurance.