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Author Topic: Investing in bitcoins for future kids  (Read 1567 times)
goldade
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May 05, 2021, 06:53:23 AM
 #21

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...

Buying and hodling coins as a form of investment for future children is a very nice idea. It's actually a way of securing the future for the kids just like we buy shares on their behalf.
In the choice of coins to buy, I believe bitcoin remains the best coin to buy. The rise in the price of bitcoin is relatively gradual as compared to many of those altcoins that just rise in price all of a sudden and dump heavily. If bitcoin continues to rise steadily as it has been rising in the last few years with corrections here and there, imagine what it would be in the next 5 to 10 years.
Just buy some bitcoin now and hodl for the children.

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May 05, 2021, 06:54:07 AM
 #22

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...

Life is a choice. We must be able to take risks in making choices in our life.

I think you should get the timing right to make long-term investments. wait for the price to drop.

As a suggestion, invest in coins that have a strong base such as BTC and ETH. If you want a new crypto, choose a crypto that has high prospects.

Prices are constantly changing, so always do an evaluation before acting.
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May 05, 2021, 07:20:36 AM
 #23

Having a future investment for kids have been nothing new. A lot of people have been doing that in the form of insurance and some savings account targeted at tuition fees and a whole other investment plans to serve a purpose.

Having bitcoin investment stalked away for your kids is just the best way to go about having some securities for your kids. It offers a lot of advantage as bitcoin is a highly volatile currency. You directly or indirectly become a hodler of bitcoin even if, its targeted for your kids.
Hodlers they say are usually the the gainers in bitcoin investments and as such, your sure to have your coin stalked away for a few years which would continue to appreciate with the market.

If your looking out for a coin to invest with, I'll suggest bitcoin. It might seem tonhave gone really high but, its far from anywhere near its end. Other coins aren't as promising as bitcoin and there is every possibility of them not appreciating as expected but in the case of bitcoin, it becomes a whole different story. Besides, the growth of other coins is directly or indirectly affected by the activities of bitcoin. So, its better you buy bitcoin in the quantity you can afford and stalk it away.
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May 05, 2021, 07:26:20 AM
 #24

Can you not see that bitcoin is useless, apart from exchanges pairing it up with altcoins to rake in more fees. can you not see its outdated and overrun by new coins with less fees, it was a good investment not anymore.
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May 05, 2021, 07:37:15 AM
 #25

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...
only trusted coin is the best one to invest for the future of our kids such the those listed on top 10 in the market, it's actually highly recommended to buy and hold for everyone as its has good team behind wherein surely will never last even we say for how many years of hodling.

Don't ever try to buy and hodl a new projects although its very promising because mostly cant succeed. So be practical and always choose the projects / coins that is worth it to hodl such what u have mentioned above.
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May 05, 2021, 08:37:28 AM
 #26

With a limited supply and increasing demand, of course bitcoin is the right choice and promises to get many benefits for us in the future, especially lately many investors have started to adopt bitcoin, so it is very possible that the price of bitcoin will continue to rise slowly.

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May 05, 2021, 08:46:23 AM
 #27

With a limited supply and increasing demand, of course bitcoin is the right choice and promises to get many benefits for us in the future, especially lately many investors have started to adopt bitcoin, so it is very possible that the price of bitcoin will continue to rise slowly.
Not to mention that these investors that you are talking baout are companies that are pouring billions of dollars in the market and hodling for the long-term. I agree that the prices are going to go up as time goes one because besides people hodling their bitcoin waiting for the roght time to sell, there will be more lost coins along the way.
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May 05, 2021, 08:51:06 AM
 #28

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...
For me it is a great one to prepare your kids future,
The only problem that I see is we aren't certain if crypto would really be with us forever.
We don't know if when the time has come and our kids needed the funds we had saved for them on crypto those crypto would still be valuable.

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May 05, 2021, 08:55:50 AM
 #29

Hello everybody. Of course, one of the best long-term investments and investments for the future of our children is investing in Bitcoin. There is no need to prove anything here - look at the average annual price of Bitcoin and you will see that it is continuously growing. And if you take the fact that a very limited number of countries have legalized cryptocurrency, then we can say that Bitcoin has everything ahead and the price of one million dollars does not sound so fantastic.
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May 05, 2021, 12:28:02 PM
 #30

   As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...

If you were looking for a long-term investment plan, then just go for starting coins with a promising project like altcoins. It's not like BTC is the only cryptocurrency coin that has great growth potential just invest in alternative coins and hold since your plan at the very beginning is a long-term holding.

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May 05, 2021, 12:59:10 PM
 #31

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...
To be aware and clear about investing in bitcoin.  Let's go into the history of Bitcoin.  Bitcoin has been through doubts and barriers, it has grown in terms of value for use, and efficiency for humans. 
A series of bitcoin ATMs are located at gas stations in the US states.  Tesla accepted bitcoin payments when buying their electric car.  Step by step it interwoven into the economy, commerce, society, people.  Resolving disorder caused by Covid19.  If you invest in bitcoin as a form of future protection for the kids, it's never a waste.  Like the way I am still going to this goal.  Only if you put your faith in the wrong place.  I mean, altcoins don't have long, sustainable growth.  It is really wasteful.
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May 05, 2021, 01:19:25 PM
 #32

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...
As with any other investment, there's a chance you lose it all or lose some of the money you've invested. It's always a risk. However, you can reasonably reduce the risk by investing in cryptos which are most popular and by investing not only in Bitcoin, but also a couple of other coins that have been around for a while and seem solid. What's good is that you can always change your mind, so if the circumstances change and some coins becomes less credible, you can sell it and buy something different instead. But for now, Bitcoin seems to only be growing and popularity, and it definitely didn't reach the limit of its potential because only around 1.5% of the global population currently use it. So it's not a bad shot.

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May 05, 2021, 01:39:34 PM
 #33

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...
As you mentioned that bitcoin is the mean of investment for a certain's individual's future children, as long as the price of it keeps moving upward, there will surely be an assurance that the future of the kids will be well-secured. There's nothing wrong relying your future in bitcoin but in any case, you should not fully depend on it alone. You should still find other instruments like businesses and a regular job to make sure that even when bitcoin or other cryptocurrencies experience sudden downfall in the near future, you don't need to worry because you have other saving that will suffice your family's needs.
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May 05, 2021, 01:46:15 PM
 #34

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...
If afraid to waste money, saving in bank can be alternative. Or maybe deposito. I think people who bought crypto with their own reason must already know what risk to hold it. Because no one know actually in future what can be happen in crypto and bitcoin itself.

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May 05, 2021, 02:11:46 PM
 #35

I myself also think like that, I also invest in bitcoin to make my children happy in the future. I really like investing in the long term because the profit that I will get will be very large.
in the future there will definitely be people who regret not buying bitcoin from now, those who have bought bitcoin from now in the future they will have fun with their wealth.

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May 05, 2021, 02:19:27 PM
 #36

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...

Brilliant idea to invest your coins and harvested by your grandchildren. it is a good step for me for the future but you should not focus too much on virtual currencies. If you have sufficient funds you should invest your money in gold and land that is real and visible to your children later. It will also be useful later that the price of gold and land will continue to grow every year. you can see a continuous increase in the price of land and gold. but you should take these 2 decisions.

If I have enough money like you, I will try it and see the results when I get old. If you want to invest in virtual currency, Bitcoin is an investment that you should not forget at any time. You can buy these coins in large quantities and buy the top 5 most popular coins.

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May 05, 2021, 03:09:38 PM
 #37

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...
Investment is the best strategy if you are looking for good returns in future because saving your money in bank accounts would only provide 7-8% annual returns and with rising inflation fiat is becoming more deflationary which means even if you save millions it would not be much worth after 10-15 years.The best is to invest in crypto like Bitcoin and ETH which provides safety and profit to you in future.It is good if you are saving for future generations and so that by investing in bitcoin.Investmemt of $1000 in bitcoin ten years back have turned to be worth million dollars today.But if you cannot afford to invest for whole Bitcoin rather go for some Sathoshis or invest at partial interval for 1-2 years which will eventually increase your investments and higher returns for your kids to live luxury life ahead.But be safe with your seeds and private keys and tell them to store it on cold storage wallet for funds safety.Invest now and enjoy later or regret afterwards like other.

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May 05, 2021, 04:11:32 PM
 #38

    As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
     Need your thoughts on this tho'...

That's a good idea. Savings of bitcoin for future of your kids is quite good. Just hold even small amount of satoshi (If you can't hold big) for a long term is really profitable as long as bitcoin continue to grow. But not possible that bitcoin will continue to grow in the coming years because of continuously increasing demand of it with a limited supply.

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May 05, 2021, 05:07:57 PM
 #39

of course we already understand about the ways that can be done in bitcoin investment.
When we talk about buying automatically, there is a special trick that we see because automatically it concerns the money we have, there is a chart that makes it easier for us to choose whether to buy or wait first.
because of course whatever happens when dealing with money we don't want to lose really. so study the existing chart properly as our help in choosing / buying.

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Gheka
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May 05, 2021, 06:01:43 PM
 #40

With a limited supply and increasing demand, of course bitcoin is the right choice and promises to get many benefits for us in the future, especially lately many investors have started to adopt bitcoin, so it is very possible that the price of bitcoin will continue to rise slowly.
Demand increases but all reflects only one current trend, it does not talk about the stability of the future due to bitcoin's value is not always stable, even as it continues to rise according to our needs, one day it will leave the highest peak to return to the plain. Our kid will show up at the wrong time and not get the best out of bitcoin while we are, transforming their advantage at the earliest and avoiding wastage for the future.

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