I invested $100 for 18 years for my new born nephew

[PX-Z]

Nothing is assured that everything would increase and that you should really put up into your mind so thaht you wouldnt really be execting that much.

I understand, but why not? Investing is actually exciting especially in crypto or bitcoin, if you are not that really excited on what will be your profit in the next 5 years, then better to do something else than investing your money in this space.

Well, bitcoin in the last five years grows a lot like, it's just 1k per btc way back then but look it now it grows 30+ folds even it dumps from 40k still that's huge amount to consider. See, this $100 might be worth +$3k in the next 5 years.

[1715129266]

1715129266

[Rengga Jati]

After spending 9 days in the hospital, they came to our home. It really is a great feeling for me to become an uncle. He is the first baby in our family's next generation.

First of all, congratulations to you and your family, hopefully, your nephew will grow very well, healthily, and also successfully.
I can exactly feel your feeling of happiness, as what I also feel about my own family and also waiting for the second child of mine.

Yesterday I bought $100 worth of bitcoin for him.
This is a really small amount, so my brother won't say no to me.

I is not only about the amount, mate. This is a new way that you have decided to make for your beloved nephew. How much and however it is, it will be worthy for him someday. I really appreciate it. Some people may also do the same for long-term investments.
You know that I am also doing the same for my child, although little by little, at least we can put and try our own investment for their future by now. Preparing it from now is very possible.

What do you think, guys? Will this amount be enough for his better study costs?

I cannot say if this will be enough or not because education in each country may be different and the cost are also different. But at least, it will exactly help enough. We don't know whether that amount of $100 right now will be how much in the future. So, don't really bother with it. Just do what you can do for your beloved nephew.

[Farma]

Well, congratulations on the birth of your nephew buddy, and I know you love your family very much.
however, it is a very nice thing to do. Well, if my uncle bought me $100 bitcoin a few years ago, and gives it to me today, that would be a very meaningful gift. however, it will be big in the future and your nephew will be proud of you.
well, because of this, i also have the same idea to do the same thing for my family in the future, although right now i'm still doing it for myself.

[Cryptmuster]

It is difficult to say how much this 100 dollars may increase in the future. Everything will depend on how much the price of bitcoin will increase, but I think that it would be much more efficient if, if possible, additionally bought bitcoins for certain amounts on this wallet. Let's say that they add $100 worth of bitcoin there, every few months. This will ultimately give significantly better results.

[btc78]

While I salute and admire you for what you've done for your Nephew and also for Bitcoin  , yet this is a very small amount to become valuable in education purposes , better to try adding a little each time you have funds and don't just contented on that 100$ amount in bitcoin.

Hope that in 18 years time you will have more than this for Her college assurance , as the expense for college education is indeed getting higher and higher each year .

[_BlackStar]

This is how people thinking when they started bitcoin and then coming back mostly when they nearly or probably forget about it investing way back years ago at least 6 years.

Thinking bitcoin will increase for the next 5 years, a $100 will probably doubled in that time pan. Well, I could be wrong since this is typically a speculation but who knows, if there's nothing wrong happen in the future bitcoin is probably working like that, increasing only.

It is true that no one knows about the future of bitcoin but when you talk about the possibilities then you have to agree on some of the contributing factors as well. But there's nothing wrong with investing and hoping for something better.

CBDC is part of the government's effort to compete with the dominance of crypto as a digital currency which is currently getting enough attention from around the world. The government's proposed CBDC effort will gain more support which could lead to more regulations regarding restrictions on the use of cryptocurrencies in different countries. I think this will prevent bigger bitcoin price growth in the future because you really can't go against your country's regulations if you don't want to be penalized.

[Sirait]

Nothing is assured that everything would increase and that you should really put up into your mind so thaht you wouldnt really be execting that much.

I understand, but why not? Investing is actually exciting especially in crypto or bitcoin, if you are not that really excited on what will be your profit in the next 5 years, then better to do something else than investing your money in this space.

Well, bitcoin in the last five years grows a lot like, it's just 1k per btc way back then but look it now it grows 30+ folds even it dumps from 40k still that's huge amount to consider. See, this $100 might be worth +$3k in the next 5 years.

this logic is absolutely correct, Bitcoin ATL 5 years ago was below $5k and last year last year BTC broke through $60k+, this is really great growth. in the next 10++ years surely $100 investment will be $3k or $4k.

[pawanjain]

You have that good intention mate. Preparation is really important as we never know what gonna happen to us. But if you have a huge amount and enough to run for a small business, that is much better than just holding your money. That I guess it was more helpful and even profitable, and you can't just feed your nephew alone but also the others.

Honestly speaking $100 would still not be sufficient for education by then. 18 years is a long time and just imagine what would be the education cost by then.
Even if we consider that bitcoin goes 100x from now which is itself a big deal according to me, it would still give out only $10,000.
Do you really think $10k would be really sufficient for education after 18 years ? May be in a mid level college then yes but otherwise a big no.

With the market inflation, 18 years from now that $100 will become $10, I think. Maybe if we invest in crypto that possibly doubles the amount but still it was too small to consider for long-term investment. Maybe, if OP could add more at least $100 per year, that is already satisfying.

Yes ofcourse, that would be really a good investment if OP could afford to invest $100 every year.
In 18 years the total capital invested would be $1800 and if everything goes well and with the power of compounding we assume the returns become 100x then OP might get good returns.
$180,000 would be a good amount for education at that time and may be he will be able to save some too from the returns.

[PX-Z]

It is true that no one knows about the future of bitcoin but when you talk about the possibilities then you have to agree on some of the contributing factors as well.

Of course, it is, it's given when you're investing into something. That's why

CBDC is part of the government's effort to compete with the dominance of crypto as a digital currency which is currently getting enough attention from around the world. The government's proposed CBDC effort will gain more support which could lead to more regulations regarding restrictions on the use of cryptocurrencies in different countries. I think this will prevent bigger bitcoin price growth in the future because you really can't go against your country's regulations if you don't want to be penalized.

CBDC is not crypto, you cant invest in it, and its just a digital fiat, it will not affect crypto nor bitcoin. Anyone can use CBDC as if they are required by their government, either they were forced or not. Still, it doesnt affect crypto use case, people will still use and invest crypto no matter what law they have in their country, though it's risky but that's it.

[mole0815]

Good decision and great idea.
I have already done the same at the end of 2019 with 200 USD for a friendly family.

I am very excited to see how this will look for the eighteenth birthday.
Info, wallet incl. instructions has already been handed over.

[JayTrain]

Since last week, we have been very happy because a new member has joined our family. Yes, last Saturday, my elder brother became the dad of a boy. After spending 9 days in the hospital, they came to our home. It really is a great feeling for me to become an uncle. He is the first baby in our family's next generation. So I thought of something for him yesterday. I thought I would make 15- 18 years of FD for him. so that we can provide him with a better education. We are not from a rich family. We belong to a lower middle class family. And my elder brother is working at a bank as a security guard. because he didn't study well. As a security guard, his salary is only $90 equivent a month in our currency. This won't be enough for him to give a better study. So I thought I would do something so that i can contribute little on his study. As a crypto member, I have finally made a decision. I will make an investment in bitcoin for him. But I don't have much money, but I can invest a little amount for him. Yesterday I bought $100 worth of bitcoin for him.

This is a really small amount, so my brother won't say no to me. Then I load it onto a separate account for him. And write the wallet ID (Means electrum wallet seed) on a note paper and give it to my elder brother and tell him to keep it for at least 15–18 years. And my trust in bitcoin says that after 15–18 years, this $100 could be a very handsome amount for my nephew. They don't have any technical knowledge, so I just told them to hold it. They will hold it. And when he becomes 10 to 12 years old, I will start teaching him about bitcoin so that if anything happens to me, he can easily access his account and get access to his reward. I am teaching my younger brother about bitcoin. He can also help. However, my family's wish is that all of the next generation members will be tech savvy. Because tech is the future.
 
What do you think, guys? Will this amount be enough for his better study costs? Though if they keep it for 10 years, at least that's enough for me. What do you think, guys? What will be the price of this $100 after 18 years?
I bought bitcoin at an average price of $35,546,.

it's noble of you, and it's very smart to make an investment in your nephew's future, I think your $100 in 10 years will turn into at least x100 with the current dynamics of bitcoin. I am confident and convinced that bitcoin will bring good dividends after such a long period.

[Rufsilf]

Nothing is assured that everything would increase and that you should really put up into your mind so thaht you wouldnt really be execting that much.

I understand, but why not? Investing is actually exciting especially in crypto or bitcoin, if you are not that really excited on what will be your profit in the next 5 years, then better to do something else than investing your money in this space.

Well, bitcoin in the last five years grows a lot like, it's just 1k per btc way back then but look it now it grows 30+ folds even it dumps from 40k still that's huge amount to consider. See, this $100 might be worth +$3k in the next 5 years.

Yes, there's no assurance if we could really take some serious profits in this space and that's exactly the reason why there are some risks involved. Also, we can't really blame them if that's what they think because it's their money and not ours. While bitcoin is already historically proven that we could see some profits in the future if we could just patiently hold it even there are times that the market would dip, just like what we experienced now.