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Author Topic: Investing in bitcoins for future kids  (Read 1441 times)
pinggoki
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May 05, 2021, 06:36:32 PM
 #41

    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'...
Investing into bitcoin is really one of the good thing that you've done in order for you to save and make a good future for your kids. It is not too late to invest in bitcoin, you can invest whenever you want and also you can buy other coins on the market cap and I am pretty sure that it may helps you to grow your assets. But always remember that the investing in cryptocurrency is a huge and big risk you can lose a huge amount of money but still taking the risk may save and make a good future for your future kids.

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May 05, 2021, 06:45:39 PM
 #42

This is easy to understand if you trace the growth dynamics of prices for bitcoin and alternative cryptocurrencies over the past 10 years. Investing today in 10 years in 2031, these assets can be worth tens of times more. So this is the best way to build capital for your children in the future. blockchain is not going anywhere - it will only develop. Even buying a set of NFTs today - in 10 years it can be worth a fortune. I am guided by these very thoughts - and I want to believe that it will be easier for my son in the future when he has such assets.

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May 05, 2021, 07:43:28 PM
 #43

Just invest it if you're planning for an inheritance for your kids in the future and probably write the seed in a piece of paper not in digitalized form, because of the obvious threats in the internet that could potentially breach your security leading your coins to someone else's wallet.
For me, I am still planning to do it though but I am not sure where to start just yet.

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May 05, 2021, 08:30:03 PM
 #44

It's not a waste, though; this future currency, bitcoin, will continue to exist. Just invest, small or large, it doesn't matter because for sure it will be a huge thing in the future especially if BTC reached a hundred thousand. This is a positive and worthy step in my opinion because the market is already bullish, the halving will occur again after 4 years, and the price will continue to rise as it did previously, so there's nothing wrong with it.. It'll be a huge waste unless the internet goes down, you lose your wallet, or you don't tell your kids about your wallet's private keys.

Be prepared for scenarios like the ones I've mentioned; anything can happen. You knew the potential of bitcoin, then simply invest right now.

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May 05, 2021, 09:38:17 PM
 #45

It's a good starter to inspire and encourage beginning investors into putting their money to good use. Provided that they do not let their investments stagnate in bitcoins and learn how to diversify their assets eventually, You're not only doing your kids a big favor by ensuring and securing their future. You'd also be giving them valuable information that you have learnt which they can in turn use to eventually earn their own money in the process.

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May 05, 2021, 09:54:08 PM
 #46

We believe that Bitcoin has a bright future and trusting that it becomes more valuable than of these days. Putting our money into this kind of digital asset is partly a good idea. But of course, we don't just leave our investment without letting somebody from our family knows about it. They should also be aware of what we are doing and they have also access to it.

But wait, don't forget about the risk in crypto investment, and I certainly don't suggest putting everything only for Bitcoin but rather have to spread it like investing also in the real stock market or real estate if we wanted more security.

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May 05, 2021, 09:54:17 PM
 #47

It's not a waste and it's better to be spent to invest in bitcoin whether the purpose of it is for the future of your kids or any valid reason why you do it.

Instead of spending your money on other things that are unnecessary like vices, you better invest and spend it on investment which is perfect like bitcoin which is an asset that's easy to manage.




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May 05, 2021, 10:04:07 PM
 #48

--

But wait, don't forget about the risk in crypto investment, and I certainly don't suggest putting everything only for Bitcoin but rather have to spread it like investing also in the real stock market or real estate if we wanted more security.
the need for a child's future is certain.  while investing in bitcoin is quite risky because we don't really know what will happen to bitcoin in the next few years.  Even though bitcoin has been very promising so far, there is still a risk factor that makes the price of BTC even lower.  so, we better respond to this wisely, one way like you mentioned.  dividing investment in several instruments, for example with a ratio of 50:50, in crypto and other assets that are more real like gold.

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May 05, 2021, 10:05:48 PM
 #49

Bitcoin is the promissing place for long term investment. You can collect your money and buy bitcoin as much as you. Like me, before bitcoin price passed the $20.000 as the first all time high I collected bitcoin as much as I can. Like collected money per week and I bought bitcoin and if I get paid from my work I'll devided a half to buy bitcoin and yeah I get a good result from it.

I guess there will be many people who will do like that, since bitcoin is popular now and many government who decide to regulate bitcoin after they have decides to ban it. As for an altcoin, you can choose ETH as an alternative. This altcoin is also a promissing place foe long term investment. I've regretted to to not bought ETH when its price still low, like two years ago ETH price was $35 comparing to now its price has passed $3000.

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May 05, 2021, 11:07:36 PM
 #50

Investment especially for long term goal needs to pay attention on what thing to invest.  Bitcoin itslelf is surely very volatile and also fluctuating. But, we know the fundamentals of Bitcoin. I personally believe in Bitcoin for one of the worthy investment for future,  including for our kids

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May 05, 2021, 11:22:35 PM
 #51

    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.
Everyone had the opportunity to invest when the price was really low and if anyone invested a couple of thousand dollars last year in any of the top coins in the market they could have made a fortune in the altcoin market especially with the way some of the coins with lower valuation started to rally in recent times. If you are looking for your kids future it is better to open a savings account in bank and have a long term investment rather than in the cryptocurrency market.


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May 05, 2021, 11:32:51 PM
 #52

It depends on what kind of investor we are. If we are holding hold, we may think that we are investing in our children in the future. sometimes we think a coin has a lot more in the future and that's why we hold it. it is our way of forward-looking investment. But if we are doing short-term trading and trying to take advantage of the rise and fall, we do this to live the present time better. It doesn't matter for our children or for ourselves. sometimes hold gives a better result, and sometimes it is better to buy and sell.

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May 05, 2021, 11:36:43 PM
 #53

the proverbial trees that was planted for someone to sit under is what parents should consider doing for their kids. Imagine having the idea of buying bitcoin 10 years ago and now the returns on  that investment happens to be in its billions or even trillions depending on how much was invested and what the price of bitcoin was as at then. its time to buy bitcoin for the tomorrow whether or not your children are involved.

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May 05, 2021, 11:43:26 PM
 #54

Invest in bitcoin and altcoins for today and forever. We are seeing the future of finance as the new way of life. Investing in bitcoin for the future of children is a good idea. I am a defender of this idea, I do not think it is a waste of time. The use cases of bitcoin are to be taken advantage of, whatever it is will be showing great utility.
The current time we live in this way deserves it, fortunately we are aware of it.

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May 06, 2021, 01:04:50 AM
 #55

Yes definitely every parents has responsibility to give new generations a good and secure life. Bitcoin and other cryptocurrency has given great result so far and we can accept them in future as well. If anybody invest and hold for long term, kids future will be excellent.

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May 06, 2021, 01:57:54 AM
 #56

Those who know and clearly understand Bitcoin is thinking of having this for a long-term investment, not only for the kid's future but for the entire family.

It founds no high risk doing this as its market value consistently growing yearly and that means if we are buying today and hold for 10 years, we are expecting a bigger value that we could think enough to sustain the needs of the family. And it is very important to start educating all family members about crypto for them also to understand.
Yeah, that's true we should invest for the entire family, if we are going to invest huge amount of bitcoin then the entire family of us will get benefit from it as you may earn big profit for it, even the price of bitcoin is volatile, it is still continuos on growing year by year and that's make the long term investment really good way of earning money in the future and saving it for your future.

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May 06, 2021, 02:01:34 AM
 #57

Investment especially for long term goal needs to pay attention on what thing to invest.  Bitcoin itslelf is surely very volatile and also fluctuating. But, we know the fundamentals of Bitcoin. I personally believe in Bitcoin for one of the worthy investment for future,  including for our kids

Talking about long term, very profitable as progress continue and adoptions are being embrace by more people around
the world, if you are aiming for long term hold.

This asset will surely provides the needs of your kids, if there's no major issue that take place along the way, the value
can pumped for another 10x.

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May 06, 2021, 02:20:25 AM
 #58

    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 are afraid of buying different crypto then you should only buy bitcoin. No one can really tell what cryptocurrency will still exist in the future where our future generations are living in. Only bitcoin has the highest chance for me that will still exist in the future because that is the mother of all crypto, it's total supply hasn't all mined yet so its price will still increase in the following years. For me other than investing bitcoin for the future, BNB and ETH is also a good choice to invest for the future. They've been continuously improving their projects and they have their own blockchain where some cryptocurrencies are also created under those chains.

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May 06, 2021, 06:26:42 AM
 #59

We really need to secure our future and bitcoin can be the way for that as it is also a source of value.

You just need to be patient and think wisely so that you can't spend your coins into unusual things that can make you lose your money.

Just think of what this bitcoin can do to your future so that newbies will also start investing on it for a long term purpose.

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May 06, 2021, 06:53:36 AM
 #60

at this point anything you are going to buy for future must be what has stood the test of time , have been here for a while, might be new but have a quality product also . bitcoin is good one, ethereum, Dot, and so on. please make your research  before you buy some quantity and keep them for your kids.

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