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

[jona]

He definitely need not to worry the price will definitely come up in due time and there is not need to panic at the price,patient is what is need because it a longtime investment platform,not a HYIP.

[Blakcwhite69]

If you believe on the bitcoin future and all bitcoin experts prediction then bitcoin is a good and bright investment for your kids otherwise don't think about it because this is the patience game and who have not a little patience then that person should quit from here.

You have to have another step to produce something that can be useful for your family later as you can make an effort to be developed and generate profits not only from the virtual world. You can make a daily goods business for the real world.

[Karie_Legend]

He definitely need not to worry the price will definitely come up in due time and there is not need to panic at the price,patient is what is need because it a longtime investment platform,not a HYIP.

How do you convince everyone not to panic with the price of Bitcoin that never rises again. can you make peace with all this? some people will be very worried about the current decline in Bitcoin prices because they have invested a large amount.

[Belec]

I agree with this fact to save my BTC for children, and I understand his concern, and the question is what to do? I think it's best to keep that money and hope for the best, but it's a game with the nerves and the brain. All this process must endure with the hope that the BTC will again be the top of the task. My conclusion is: if bitcoin was purchased when it was over $ 3,000, then that money should definitely be kept for children, if it was purchased while the price was below $ 2,000, it may be time to spend that money.

[steampunkz]

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?

If its last year investment, That would possibly okay to invest in Crypto But now, I don't think it's a good time to go with the chaos that's happening now on cryptocurrency world.

[patrikpat1]

yes i think bitcoin is the best way to save money for future generation . bitcoin price is rising gradually. Its the best way to invest in this bitcoin to lead better life style.

[Sexie]

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?

This is a such a good idea , when your friend started  to save money for his son through investing bitcoin. It  is just fine because bitcoin is a store of value, the best thing that  he will not paying anymore taxes. It is really  helps  fulfilling your  friend’s dream for his kid. Think wisely,  when the price  is high ,just take that opportunity to sell it  high and use profit for buying a car , a house  and going to university. AFter that, then buy again bitcoin and hold them again until the price  will getting high. This way , he will recover himself from any worries.

[gurang]

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?

yes because all we know that bitcoin is the best investment and to be our guide on financially through bitcoin because i know that bitcoin will help us soon. and I really do believe that bitcoin is a good way to save our money to spend it as soon as possible.

[seoincorporation]

Yes, is one of the best options because bitcoin for the long run is a win-win game, we can be sure about some facts bumping the price, like the day when the last bicoin get mined, that will send the price to the moon. So, save btc for our kids mean save them for more than 15 years, there is no way to see a loss in this move.

[Sihab76]

How can it possible because dumping bearish markets, i reserved some bitcoin and Ethereum for my daughter and son but it is reduced one forth from total.

[Hustinog]

For me, bitcoin is partially reliable. I am not saying that you cant rely something to it but remember, it is volatile, we dont know when its price hikes and its price drops. You can ensure the future of your kids if that time, bitcoin manipulation and its price was so good. You can rely to it but dont just ensure the future with just it. You can invest with other investments, you must have an option.

[bitfocus]

it's just like another investment, just with a possibility of much more higher payback. so, if you can take the risk, saving Bitcoin for your kids will be a great idea, but you really need to buy in the dip market for that (to keep your losses low, incase)

[Moreira]

There are any coin when you were a child good for you now?

[hubballi]

it's just like another investment, just with a possibility of much more higher payback. so, if you can take the risk, saving Bitcoin for your kids will be a great idea, but you really need to buy in the dip market for that (to keep your losses low, incase)

What you are telling is true , that if you take risk then only you can earn high, but instead of going to one time investment you can invest like 5 go 10% from your earning every month so you buying price can be averaged and dip market price benefit you can get it. In future if it goes zero also then also it should not affect your children's future, as this investment should be like extra income apart from stable investment for future.

[ribowo76]

Saving for children means long-term savings. If it's like that, I think it's a very good decision. Because I believe, someday, bitcoin will have good value

[andi_wahid]

yes, I think if the goal is for long-term investment in preparing their children in the higher education stage then this is the right time, indeed the prices have dropped dramatically lately but it has started to improve. but my advice, you don't invest without watching the price of bitcoin because this will make it difficult for you when you need an emergency fund.

[Sumo]

I think it's a great plan to save money for future generations. The main thing is that you believe in bitcoin and its prospects. Otherwise, you will spend a lot of nerves, as the price of bitcoin is very fluctuating.

[WebTera]

Bitcoin is truly beneficial as a long-term investment. Therefore, it is suitable for saving money for your children. It's great that you think about it now, because if you believe the forecasts, the prospects of bitcoin are very rosy.

[denzkilim]

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?

It's not a good idea to risk future to a speculative asset that is very volatile and could turn out to losses if something happens.
That's why I always advise newbies and other people to invest only the money that they afford to lose and invest only with their own risk. Crypto Currencies are not a magic money maker that can turn out our savings in multiple times, this world is really wild and based on speculations and the risks are too high.

To be honest, Bitcoin is a part of the wild crypto market and no one can predict the accurate future and hence there is no right or wrong answer to this question. However, considering the potential of Bitcoin/crypto industry and the growth of it since inception, I believe that this thing is here to stay but again, that doesn't mean I should invest my entire capital in it. I would go with diversification method and invest various parts in multiple sectors/forms rather than keeping all the eggs in the single basket. Thus to conclude, I would say that Bitcoin is one of the good ways to save money but not the single method.

For me, it's not a good idea to risk the money that is supposed to be the savings for his children in the future because in this industry assurance is just an illusion and those savings might turn to be beneficial or losses in the future and I guess it is better to save paper money for his child's future rather than making a risky decision with a 50/50 chance to turn out to a good idea or regrets in the future.
It's better not to gamble the money that is supposed to be for the future of one's family and if a person has some spare money that he is willing to lose then that money can be invested on Crypto Currencies and no matter what happens with that money he is willing to lose it anyways and there will be no regrets.

[Pyr3x]

I believe in bitcoin and the fact that its price will only grow over the years, and the technology itself will strengthen and improve. So I am also saving money in bitcoins for the future.