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

[KrishaBitcoin]

Bitcoin currency is very risky because the price is really unpredictable in which this is only good to save if the price continue to go to the moon but how about the price continue to crash like what happen this whole year? Your kids will get nothing if this fall continue until their time so i suggest buy some assets from Bitcoin earnings and for sure your love ones will be saved in the future.

[Omparkash72]

No doubt this is the good investment to save money for your kids but always keep in mind that this is a risky market as we all see this so take decision with keep in mind this factor also. My opinion is you should invest in Bitcoin as well as make some secure investment with this investment that will balanced your investment and you always feel relax and calm .

[bering]

Apparently your friend want to save his money for his kids future purposse and which mean he want to save bitcoin for long term and i think he has just decide good decission by choosing bitcoin because although bitcoin price were crash but for the future purposse bitcoin is good investment tool and i believe in the future the value of bitcoin can very expensive and he should not be doubt about that

[jonjon16]

For me it depends, if I have an extra amount of money where i can use anywhere i want then ill put it in crypto and hodl for long term but if im going to use the savings for my child then its a no for me because thats to much risky i think.

[Trinity_boy]

I think, it's knowing how to  control your investments whether in bitcoin or any other investments that will help save money for the future of your kids. Also, don't rely on just your investment. It's also great that the earnings that you will get will be used for an educational plan for them. That way, no matter what happens to your investment, at least, their education is already secured for the future.

[sincenam]

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?

my answer is yes. Bitcoin is a good investment for long term. You should think about it.

[deppil]

1. BTC has more benefits than FIAT
2. the risk of BTC only has high volatility. we must follow the volatility of bitcoin.
3. and it will be very profitable if the bitcoin chart always creates bullish, you will get many profits.

But infact is not always bullish happen ? even this year we do not see a long bull run and give a significant change. You can just
invest in bitcoin for your child's future. but the risks certainly remain? use the right capital in accordance with the portion

[Corsicoin]

I remember when we had this discussion last January.
Everyone was happy to announce they had made their children rich with a small investment.

We all know it's false and more, because the perfect trade does not exist : Our kids will condamn us for not trading correctly this money ^^

[Gheka]

Apparently your friend want to save his money for his kids future purposse and which mean he want to save bitcoin for long term and i think he has just decide good decission by choosing bitcoin because although bitcoin price were crash but for the future purposse bitcoin is good investment tool and i believe in the future the value of bitcoin can very expensive and he should not be doubt about that

I do not think in the distant future, the value of bitcoin is very expensive, all just speculation without concrete evidence, it's different from what I'm seeing in practice, the value of bitcoin in fact has begun to show signs of weakness and diminished over time. Everyone can see that very clearly and from that, we can know that if anyone invested and held bitcoin for a long time, it only brings risks, instead of profits as many people are imagining, Bitcoin is not a good way to save money for our children, get rid of this idea from the brain

[mrtoibiettuot]

At first I came to bitcoin not for the purpose of saving. But now the bitcoin price is dropping dramatically, I also thought that just leave it to my child, maybe that bitcoin is very valuable

[Sab11]

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?

absolutely yes bitcoin is a great way to save and secure the future of your kids because we all known that bitcoin have a great future dont be affect in the price it will just make you stress, theres nothing to worry because for sure it will bounce back again, just have faith and trust bitcoin.

[Tomcolor]

To the absolutely right now to necessary bitcoin hold and investment for our future profitable.now we need to fast plans investment and hold because bitcoin market goes to down but it will definitely soon can be end.so Don't leave bitcoin world.i want to long time investment with my bitcoin asset and already I have choice few good investment platform.i have confidence if bitcoin value will increase then I got them more profitable.

[Ludmilla_rose1995]

I don't think so. The risk of saving in bitcoin is too big. Especially if you start in 2017. We can see that the price of bitcoin is very volatile. What if the price is low? wouldn't that be stressful

[cheerfulrobot]

Frankly, Bitcoin is a piece of the wild crypto showcase and nobody can foresee the precise future and henceforth there is no correct response to this inquiry. Nonetheless, thinking about the capability of Bitcoin/crypto industry and the development of it since commencement, I trust that this thing is digging in for the long haul however once more, that doesn't mean I ought to put my whole capital in it. I would run with enhancement technique and put different parts in numerous segments/shapes instead of keeping every one of the eggs in the single container. In this way to finish up, I would state that Bitcoin is one of the great approaches to set aside extra cash yet not the single strategy.

[Bennix]

For me in particular, I believe btc is a way to save money for our kids, especially now bitcoin market capitalization is not upto a trillion dollars.Some are seeing volatltity as a barrier ,but that should not be a problem.I said this because even in other market there is still volatltity.
Over time,bitcoin price goes down  in past years only to skyrocket more than the price it falls.It is this negative altitude and mindset that made some not to buy huge amount of bitcoin when at the time the price is penny penny.
Now,bitcoin is cheap the best thing you should do for your kids is to buy bitcoin if you have the money.It is high time you stopped procrastinating and speculating on whether to buy bitcoin or not.The reason why many people have not made it in life is because of  procrastination.

[Spider A4]

Save money in Bitcoin for your son or other family members this is not a good decision because crypto market is unstable so we don't know at future your saving asset increased or decreased that's why i think it's risky. I prefer you can convert crypto to country money and saving in bank this is worth saving for your son future.

[maianh09]

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?

Market may be evaporating, but this is the characteristic of Crypto. I advise you to tell him not to worry because things will soon return. Continue to choose Bitcoin as a way to save his son. What he may feel is the choice of Bitcoin is right when it reaches the high value in the future.

[BCTalkaccountforsale]

I think if they save Bitcoin for their children then that would be a good choice. As in the future, I believe Bitcoin prices will rise sharply and the amount of Bitcoin reserves will be a great gift for their children.

[jake zyrus]

Basically what everyone else has said. It's your choice, nobody knows where btc is going. As always, only risk what you can afford to lose.

Bitcoin is unpredictable no one knows what will happen in bitcoin in the future, invest only the money afford to lose, cause bitcoin always have risk.

[Joeyvicky]

It is a very prudent act for every parent to safeguard the future of the kids with bitcoin . As far as is for kids they will definitely live to appreciate the decision their parent took for them because we can all testify that bitcoin is not just for this moment but actually the hope of the future and they will leave to enjoy that glorious future of bitcoin with their savings some day.