Kamarah
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May 09, 2021, 12:55:51 AM |
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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 in Bitcoin for your kids of the future is like buying life insurance for your kids. This is not a good project you should not do. Is there no guarantee what it will be like over the years? Will you profit or lose? Don't bet your money for too long. Should consider carefully! Wish you good decisions.
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Alucard1
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May 09, 2021, 04:02:05 PM |
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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.
Only beginners will store their seeds on the internet, a good experience bitcoiner will never store their seed on the internet because that is very dangerous as the hackers use only the internet for hacking and stealing your funds online. Investing for your future kids should always be in our mind if we want to be a good parent someday, they will need it and your family to secure your life in the future. Cryptocurrency will grow too much in the future so this is the best time to invest.
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gesdan
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May 09, 2021, 11:42:59 PM |
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maybe someday bitcoin will has the best price, i think you can investing in bitcoin for yours kids, but you should know you need to invest in bitcoin with your savings, dont use the daily money, because bitcoin is not pumping in short time, you need to wait, a month? a year? or maybe many years
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LogitechMouse
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May 10, 2021, 01:01:06 AM |
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With Bitcoin's movement going upwards base on the history and we already see it in the stock-to-flow model, I think stacking some satoshis for the future kids would be a good idea. In fact, as I read this thread I already decided to do it so that their future will be secured ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . If you really want to do this, you must teach your kids at least the basics of Bitcoin so that they can use it when the right time comes. We should tell also the risks of investing into Bitcoin and the consequences and most especially the market cycles because that is the time where people can make huge money but at the same time lose huge money.
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Dread Pirate Roberts
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May 10, 2021, 01:16:31 AM |
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Future for kids thats mean for a looong time holding . well as long you had strong faith in bitcoin not afraid to losing asset good for you . some people may already put all his asset in this crypto again nobody can predict the future. for me personally im still doing short trading only at this price.
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Kittygalore
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May 10, 2021, 08:35:33 AM |
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Future for kids thats mean for a looong time holding . well as long you had strong faith in bitcoin not afraid to losing asset good for you . some people may already put all his asset in this crypto again nobody can predict the future. for me personally im still doing short trading only at this price.
You just have to bit a really big profit and you will be set for life to be honest and with bitcoin, if you invest early, chances are you can profit really big from it if you are patient and calm enough to not panic and wait for the right time. My advice, it's better if you first invest bitcoin with yourself as a priority before having an offspring, that needs two people.
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Midy
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May 10, 2021, 10:05:01 AM |
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Most people feel disappointed because they did not buy and store bitcoins in the past, where they doubted and also thought the same things as you now, you need to know that the price of bitcoin will continue to increase from time to time, so invest from now on, we just have to be patient and see the right opportunities when buying it.
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Viscore
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May 10, 2021, 10:29:43 AM |
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Most people feel disappointed because they did not buy and store bitcoins in the past, where they doubted and also thought the same things as you now, you need to know that the price of bitcoin will continue to increase from time to time, so invest from now on, we just have to be patient and see the right opportunities when buying it.
Patience is exactly what we need when it comes to investment and those who are doubtful people, they'll soon realize that are wrong and then start to invest. But unfortunately, they will not get the best price for it, they miss the opportunity to buy at the lower price. I also encourage people to invest in crypto but we should have to settle ourselves first by simply having an idea of what we gonna do. And not just like that, They should change their mindset and turn to it positive because that is the only way it helps to control their emotions.
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Henrobakkara
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May 10, 2021, 01:38:58 PM |
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Most people feel disappointed because they did not buy and store bitcoins in the past, where they doubted and also thought the same things as you now, you need to know that the price of bitcoin will continue to increase from time to time, so invest from now on, we just have to be patient and see the right opportunities when buying it.
You are right. I believe any time you invest in Bitcoin is the right time only that you might want to further want to maximize profit earned by waiting to buy when the price has dipped. I think some people will think that the price is too high to invest now but when you see what it comes to in the future, this would have been a normal price.
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hulla
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May 10, 2021, 02:06:18 PM |
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I really like the question the OP ask and something every newbies must be aware of. Investment made into crypto currency Is not a waste of money but require some certain level of understanding of how to invest profitably in crypto and the first secure coin for long term investment is Bitcoin and we can later choose ETH but in spite this coin are good, you still have to invest at the right time.
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ubercool
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May 10, 2021, 02:30:05 PM |
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Many of the old users have done this in the past. I bought 3 trezor pack, transferred 0.1 btc and 1 eth each to 2 of them and kept it safely for 2 of my children in the family. Will gift them once they start understanding the concept of crypto and it'll be their money to do something for their future. It's definitely a good idea and you'll automatically store for a long time and the value is bound to increase.
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bosede1
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May 10, 2021, 02:58:10 PM |
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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'...
From your subject you said investing in Bitcoins for kids, then in your write-up, you said you don't know the coins to buy and save kids these two are contradicting. Those people who buy shares for their kids do so on risk, whatever you want to do it all depends on you bit I will say it is not a waste of money.
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In the silence
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May 10, 2021, 03:01:32 PM |
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Bitcoin is more valuable than gold, what's more interesting is that we are in early days of bitcoin. When gold was adopted hundred years ago, it was harsh. Just like bitcoin is facing right now. Owning 1 whole bitcoin can secured 3 generations not only your kids. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Yatsan
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May 10, 2021, 03:31:35 PM |
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It is really interesting how people are now seeing potential with Bitcoin to think of investing into it for the future of their children. If we will look back from the past, people are just ignoring Bitcoin and do not certainly believe that it will take a long run and will take greater heights. Now that people are seeing this thing if becoming very popular and the price kinda looks promising and has great potential for investment, many are getting along with their own personal reasons that includes keeping it for the sake of their kid's future.
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Issa56
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May 10, 2021, 07:55:08 PM |
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It is very interesting the way people believe bitcoin will be massive in the next few year's. From the little experience am having I believe buying bitcoin now and holding for your future kids is a very good idea and I believe you buying bitcoin now and holding for your future kid I believe by then you will really be in a massive profit because I believe bitcoin price is very low now if you can buy and hold I believe you have done the best thing you can do for your kids because by then your money will be very huge.
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romero121
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May 10, 2021, 08:37:28 PM |
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Not only with bitcoin, but people have begun to give importance to entire cryptocurrency as a promising investment for the future. Almost five person who I know personally have now begun to invest little by little on cryptocurrency for long term profiting. When the expectation is long term, surely they'll get good profit out of the investment.
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Shasha80
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May 10, 2021, 08:50:55 PM |
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It is very interesting the way people believe bitcoin will be massive in the next few year's. From the little experience am having I believe buying bitcoin now and holding for your future kids is a very good idea and I believe you buying bitcoin now and holding for your future kid I believe by then you will really be in a massive profit because I believe bitcoin price is very low now if you can buy and hold I believe you have done the best thing you can do for your kids because by then your money will be very huge.
Bitcoin is a very good investment in the long term, so holding Bitcoin for the future of our children is a must. Because the profit generated from holding Bitcoin in the long term is very large, our child's future can be guaranteed, if it is true we are investing in Bitcoin in the long term. So starting from now on we can start collecting Bitcoin, so in the future the amount of Bitcoin we have could be very large. And if the amount of Bitcoin we have is large, then the profit generated can also be much greater.
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sarmrakib
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May 10, 2021, 09:31:41 PM |
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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'...
We have to be more wise on that cause if we buy it on low price for future saving we need to sell it on high price if not when our kids become matured our asset might not be in matured it can be fall down. As it is a high volatile market we have to be invest and take profit wisely.
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quocsi
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May 10, 2021, 11:07:40 PM |
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That is the best way to avoid risk coming to you. You invest in digital currencies that are cheap but still bring success. It is very suitable for those who cannot afford it, who are new graduates. I was also in those cases and has had unexpected success.
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Maslate
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May 10, 2021, 11:19:31 PM |
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Not only with bitcoin, but people have begun to give importance to entire cryptocurrency as a promising investment for the future. Almost five person who I know personally have now begun to invest little by little on cryptocurrency for long term profiting. When the expectation is long term, surely they'll get good profit out of the investment.
Some of my family members and friends are already asking me as well, I told them that it was a good investment but of big risk and might possible to lose your money. They answered okay, I have to try...
People are becoming crazy when someone says they become rich in crypto especially when it is coming from the known personality. I could remember that many are talking about crypto last 2017 Bullrun but they have gone when the crisis had to start. I'm also thinking of the same cycle happening again at this time.
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