If BTC is not the best way to save money, What you think is the best ?

[messito]

Bitcoin is definitely not the best way to save money because because of it you can lose more than 80% of capital

[BuyBuyBitcoin]

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...

Still hope you're a troll because parents shouldn't be this stupid to ask for financial advice here.

[Harrisonimo]

I will simply put that real estate is still the best way to save/invest your money for the future of one's children. Another possible option is the government treasury bills investment which you can just keep on renewing each time; over and over. I don't subscribe to having your investment tied down in cryptocurrency/bitcoin which is very volatile! A good example to this reason is what has happened to the bitcoin price at this time out!

[khaled0111]

What do you mean by saving money for your kids!!
If you mean keep it safe and pass it to them when they grow up why you don't like FIAT! It is the safest and easiest way, just keep your money in a Bank.
Buying cryptos and holding them is risky since we don't know what will happen in the future especially regarding regulations.
If you want to increase your money safely, just invest in realestate.

[Olayinka225]

If bitcoin isn't the best way to save money, then I can say is the best way to grow our money. At least, if it's been save then it has to be growing.

[TheClownSong]

This post is based on the replies to my other post Its Bitcoin a good way to save money for our kids?

Lots of people say BTC is not a good way to save money, so what is for you a better option??

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...

If we are making plan investment for our kids, better choosing Gold or silver beside bitcoin. Bitcoin is good long term investment but its very high volatile. We can hold bitcoin and Gold at same time because bitcoin and precious metal is long term investment and i am believe its good for our kids in the future

[werner52911]

The cryptocurrencies wants to have a future.
Whether it wants to be BTC or another coin, nobody knows at the moment.

That is why it is very important for our children to invest in several good asset classes over the long term.

These are undoubtedly good little apartments in the metropolitan areas. It always has been used.
Then I would invest something in gold / silver.
Even stocks with substance belong in a portfolio
Some cash under the pillow is not wrong, and of course you should own coins. However, only those with good projects in the background and with solutions to problems.

[willwin66]

This post is based on the replies to my other post Its Bitcoin a good way to save money for our kids?

Lots of people say BTC is not a good way to save money, so what is for you a better option??

I want to know the best ways you see to save money for kids and WHY. Please don't add fiat...

it seems to me that bitcoin is not exactly what we need to save our money. As the price of bitcoin is not stable, we can suffer a loss at any time. If you want something to save money, I suggest gold for you.

[mornabo]

Bitcoin is definitely not the best way to save money because because of it you can lose more than 80% of capital

For the short term, bitcoin is not a safe place to save money because of fluctuations and so on, if you want to save your money
without a big risk, gold and real estate are the answer, the price is stable and even it price continues to rise

[Anarchist]

You save money in a safe place, not in a risky place. That's a logic, right? So why people should consider the crypto market as a safe place, knowing how volatile it can be? I would call a safe place the Gold market, Art, wine, real estate...

[Blanca_Gregory]

They say that it is not the best way save money, they can be correct and they may be wrong. This depends on how we see things in the future and our perspective and belief on where bitcoin is going soon.

So this isn't only about saving but also investing. Give your kids real property and that can be inherited forever unless they are going to sell it if they are in dire situation that its their solution to their problem.

I agree. Bitcoin may be the future, but since fiat is what we have right now, why not open a bank account solely for your kids, then buy a property, and to make the deal sweeter, store some bitcoins in a separate wallet. By the time they turned 18 they'd be rich and have a better life.

[Bitdressa]

If BTC is not the best way to save money, What you think is the best ?

Bitcoin is not meant to save money!
If you want to save your money put it on a bank or on your wallet.
Bitcoin and cryptocurrency are meant for earning! profit!
Here you need to be smart to gain! not to save money!

I agree with you especially this is also for additional income that is indeed needed for daily needs and to fulfill certain needs that are already targeted to be rushed.

[Bhugz09]

For me bitcoin is a means of getting money. Actually saving bitcoin is good. But the price of bitcoin changing. So it may cause you losses. Converting it to real currency and saving it to bank would give you interest depend on how much money you will be deposited.

[SaveOurSea]

gold is a safe place to save your money in the long run, because every year gold always increases and it certainly is not like bitcoin which is still uncertain, if you have a lot of funds you can buy a piece of land for the long term.

[can1caiten]

I usually open a savings account and deposit money into it for my children. But bitcoin is also an option for me, knowing my child may be rich afterwards

[shesheboy]

gold is a safe place to save your money in the long run, because every year gold always increases and it certainly is not like bitcoin which is still uncertain, if you have a lot of funds you can buy a piece of land for the long term.

Oh really ? But i think the increase per year is only a little percent because if not , then i guess all people should already invested their lifetime savings for gold  .

Gold isnt the best to save money imo , because they can easily be stole by thiefs and if you have many of them   , dont you think it is  easy to carry them all  ? . For me banks  are still the best option as they are more secure and less hassle compare to gold and cryptos .

[izanagi narukami]

Here's the risk comparison for your investment purpose

Save in Bank , gain interest monthly ( Less risk )
Make deposito , gain more interest monthly
Buying gold or property such as house or apartment
Play stock exchange ( risky )
Gambling on Vegas
Gambling with crypto ( The most risky )

[coolcoinz]

It depends on whether you want to put money to work or just save yourself from theft and inflation. If you want to put it to work Bitcoin is one of the best options at the moment. You could also start a business, but there's some degree of risk in that too.
If you only want to save yourself from inflation buy something that is accepted around the world. Gold, jewelry, watches, things like that will always have value. You can also buy good whisky but that will be much harder to carry.
I have my money divided between real estate, cash, and cryptocurrencies and I feel rather confident.

[kucritt]

i think investing in bitcoin and save money in bitcoin is a high risk, and i think it will more save if we save it on the property, and i think bitcoin is a good option if you want to get the high profit with high risk

[timotron]

Still hope you're a troll because parents shouldn't be this stupid to ask for financial advice here.

OH man, no question is stupid!

what is so bad from your view to say " Ask for financial advice is stupid"?

Here are a bunch of high intellectual people around. Never bad to see things from other views, my friend.