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

[SFR10]

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

Apart from luck, it heavily depends on where your nephew will be studying ^{[personally, I highly doubt it'd be enough (I hope I'm wrong)]}!

as a little note could easily get misplaced or the ink might fade over such a time period.

@Imran232: Fortify is right! If I were you, I would've "stamped those seed phrases on a steel washer" instead... It costs little to nothing and you can achieve almost the same result ^{[assuming that you're not suffering from a hand & arm tremor]} without the jig part.

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[alpamar99]

That's great, you've prepared pretty well for the future.
$100 isn't a bad thing and in fact it's better than nothing. it doesn't matter how nominal it is but how strong it is to withstand
it could be that the $100 that you now consider small enough for the next 18 years could be more than you imagine when you are successful in holding back in that time

[uneng]

That was very kind of you to gift your nephew on his birth with 100$ in bitcoins. You look truly concerned and careful with him and his future. Not everyone is lucky to have a generous and regardful uncle like you. You should be proud of yourself!

Only time will tell where bitcoin is going to take us, especially in such a long time period of 15-18 years, what means no one can predict it right now. Meanwhile, you can also try to introduce another family members to crypto universe, so they can start being benefited by investing in bitcoin from now on as well. I believe the more we invest in the present moment, the less we will have to worry in he future about our financial life conditions.

[Slow death]

no offense but doing hodl for 10 years is just too risky, you shouldn't do it. I say this because in 10 years you don't know if you will be alive and if your brother will be alive or if he won't have something better than bitcoin and the price of bitcoin is stagnant.

the ideal in my opinion would be that you buy in small quantities every dip for 3 years and when you have a good profit you open a business in the real world for your nephew to have a good quality of life and good study

[Haunebu]

The simple answer is that no knows op which is pretty obvious since no one can accurately predict crypto prices at any point of time and anyone who says otherwise is fooling themselves and others in my opinion.

You should ask yourself if you are willing to lose that 100 bucks or a portion of it since BTC could continue going down in value in the future.

[franky1]

bitcoins price might learn to settle down at the $1m/btc level. this is because of 2 things

1.
bitcoin 2010 value: $0.10
bitcoin 2011 value: $32max (+319x)
bitcoin 2013 value: $1200 max (+36.5x)
bitcoin 2017 value: $20,000 max (+15.6x)
bitcoin 2021 value: $67,000 max (+2.35x)
in short the multiplier per ATH cycle gets less and less per cycle


im going to hazard a rational guess of (halving the multiplier)
2024 value at 1.2x of recent ATH so $70k * 1.2+(last ath) =$154k
2028 value at 0.6x of recent ATH so $154k * 0.6.+(last ath) =$246k
2032 value at 0.3x of recent ATH so $246k * 0.3+(last ath) =$319k
so i guess by his 12th birthday the $100 will be just over $900

2. bitcoin is actually measured in sat amounts. where most economists think that $1 would equate to 100sat at the best settled level, to allow accounting of 1cent=1sat minimal value swap

this means that 100sat =$1 and 1btc=$1m

so if you invested $100 yesterday at $35k guessing that you got ~0.00286. if bitcoin settles at $1m/btc then that 0.00286 would be worth $2860
of which, from you admissions of your local economy, is about 28months of salary.

that said. these numbers are very downplayed numbers for rational thought. not exaggerated hope numbers.
however i do not think we have yet to see the tip of this latest cycle(+2.35 seems small. maybe it can extend to 7.x),
and can probably see a 7.2x of previous $20k ($144k)
and can probably see a 3.6x of previous $144k ($518k)
and can probably see a 1.8x of previous $518k ($933k)

meaning your nephew might have his 0.00286 worth $2668 on his 12th birthday
so expect anything from 900 conservative to 2500+ hope

[boyptc]

Congratulations to your brother and he's got a caring brother as well. That's around 0.0028BTC that you've purchased for the future of the baby. Let's do some math.

If bitcoin goes $1M, just for the sake of argument by that time frame you've set then 0.0028BTC = $2,800. Is that going to be enough for the college's education of the baby? Maybe it does if cost of living there isn't that expensive but with inflation year by year, maybe not.

And just do the math for another $1M increase.

But anyway, from what country are you? Working as a security guard that earns around $90 per month is low.

[romero121]

Congratulations to your brother and he's got a caring brother as well. That's around 0.0028BTC that you've purchased for the future of the baby. Let's do some math.

If bitcoin goes $1M, just for the sake of argument by that time frame you've set then 0.0028BTC = $2,800. Is that going to be enough for the college's education of the baby? Maybe it does if cost of living there isn't that expensive but with inflation year by year, maybe not.

And just do the math for another $1M increase.

But anyway, from what country are you? Working as a security guard that earns around $90 per month is low.

Yes $90 is really low to be a security guard. Another thing when the salary is paid low, atleast the government can provide education and healthcare free of cost. This will give the citizens peace of mind.

Anyhow the step taken to support the kids education is really appreciable. We don't know what will be the price of bitcoin after years. However we can't expect very big, because anything beyond certain price doesn't looks like a fair growth. Lets hope it'll help with the education and the guy has planned to teach him earlier about cryptocurrencies. Maybe that can help him make some extra money to fulfill his career dreams.

[worle1bm]

You have done really good thing as investment in bitcoin and planning to go on for long term with it because after 10 years the prices will be too high and your small investments will also grow at good pace that your nephew would have some good amount with him at that time but can't say he will be living luxurious life with it because it's only $100.

Secondary you have given him seed phrase on piece of paper but what if he lost it meanwhile? Give him instructions to secure it safely and don't disclose it to anybody.Also keep them instead of selling after 1-2 years as it's useless so good luck with it.

[Reatim]

You are a very generous Uncle and I hope i can do the same for my niece soon as my Sister is giving birth in the next couple of months.

though i already have did the same thing for my children but did not for the other people such as other family members.

Hope that 100$ will be x100 in the next 18 years so at least a thousand or million bucks will me more enough for the future of that child .

[bitterguy28]

Wow this is a very inspiring post , if i only have merit i will surely send you one because you are one of the most generous person that exist here.
Imagine that it wasn't your son and that is only your niece and knowing that you have no much funds yet you are investing for his future studies?
yeah that is small amount but for a people that has limited funds that would be a big help.

[Darker45]

You might want to have a copy of the seed yourself. You're the one who knows better.  

Of course, nobody knows how much a Bitcoin would be 15-18 years from now. But with a hundred dollars, I doubt it will reach a thousand by the time it matures. So that wouldn't still be a lot of money.

How much Bitcoin would probably be 15-18 years from now? $150,000? $200,000? $300,000? Possibly. Even then, that $100 might still not be enough to give your beautiful nephew a good university education.

But that's probably not the point. The point is that you're saving something that does not decay. On the contrary, it becomes more valuable over time. You do it with fiat, your savings would only go to waste. Not only does its value naturally depreciate, inflation has recently been moving beyond the tolerable limit. It could happen many times in 15-18 years.

So if you or your brother's family intend to save a little more extra every once in a while for the child's future, it might well be done in Bitcoin rather than fiat.

You're a good soul!

[YOSHIE]

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 a bad idea if you do it now, moreover you invest $100 in Bitcoin, your nephew doesn't make much for it.

A lot of people have done that, they gave up, say 10 years like you said, if the price of Bitcoin goes to the $100k level, what percentage do you get, very little.

If you trade in Bitcoin it can, you have profit, if you make investments it's a mess, if I suggest, choose 2-3 cryptos that have good potential for the next 10 years, the cheapest, besides Bitcoin, invest your money $100, it's still a big possibility the value can increase.

[boyptc]

Congratulations to your brother and he's got a caring brother as well. That's around 0.0028BTC that you've purchased for the future of the baby. Let's do some math.

If bitcoin goes $1M, just for the sake of argument by that time frame you've set then 0.0028BTC = $2,800. Is that going to be enough for the college's education of the baby? Maybe it does if cost of living there isn't that expensive but with inflation year by year, maybe not.

And just do the math for another $1M increase.

But anyway, from what country are you? Working as a security guard that earns around $90 per month is low.

Yes $90 is really low to be a security guard. Another thing when the salary is paid low, atleast the government can provide education and healthcare free of cost. This will give the citizens peace of mind.

Anyhow the step taken to support the kids education is really appreciable. We don't know what will be the price of bitcoin after years. However we can't expect very big, because anything beyond certain price doesn't looks like a fair growth. Lets hope it'll help with the education and the guy has planned to teach him earlier about cryptocurrencies. Maybe that can help him make some extra money to fulfill his career dreams.

That's really the problem if the salary is low then don't expect things are going to be free such as health care and education. But let's wait for OP to answer that if they have free education, maybe at primary and secondary but not for college.

If it's from a developing country, maybe it shall be enough for a year or two but who knows? There are a lot of things that can happen for 18 years and maybe education will change by that time as it's already changing this time.

[laredo7mm]

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,.

If I could I would invest a few thousand dollars in bitcoin and leave it for 10 years but it doesn't go with my features.  I think Bitcoin can be made more profitable by selling at a higher price per bull run and buying at a lower price in the bear market without leaving it in the wallet for ten years.  After each bitcoin halving the price of bitcoin rises at the expected rate and the market remains bare the year after the bull run.  This is usually the case till now.  So when I have the opportunity to increase my bitcoin amount without any new investment then why don't I take that opportunity? 

If you have a long investment plan like 18 years, it is safer to keep Bitcoin in a non-custodial wallet as well as a private key or mnemonic phrase.  Your key your coin.

[Yamifoud]

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,.

If I could I would invest a few thousand dollars in bitcoin and leave it for 10 years but it doesn't go with my features.  I think Bitcoin can be made more profitable by selling at a higher price per bull run and buying at a lower price in the bear market without leaving it in the wallet for ten years.  After each bitcoin halving the price of bitcoin rises at the expected rate and the market remains bare the year after the bull run.  This is usually the case till now.  So when I have the opportunity to increase my bitcoin amount without any new investment then why don't I take that opportunity? 

Well, holding for 18 years, 20 years doesn't make sense for me either. Honestly, I can hold that long and can't be profitable. And just like you, selling our coins during Bullrun is a healthy idea than just holding for a certain time. As we never know what will happen 18 years from now, we can neither speculate it right, and we can't be sure as well that we got a profit or maybe, we just lost our money.
What do I think about holding for that long? We have missed a lot of chances to gain more profit and we are facing high risks than just holding short-term.

[Gamerholic]

It's beautiful and romantic, but also smart and interesting in general! I hope I will live to see the moment when you fix this investment at some level and we will all see the result of the "experiment" with pleasure. I also similarly invested about $300 in 2018 when my only son was born. I hope he, too, will appreciate my initiative years later and rejoice at the "initial capital" that I am preparing for him! Wish you luck!

[Similificator]

First of all, congratulations. The house will never be like before. Having a kid in the house makes the family and its home become more alive.

I just hope though that you at keast briefed him about the basic functions of a wallet and the importance of the keys you gave him along with a little introduction about this industry because if not, that'll be a big problem if he somehow loses the private keys.

Also, if it were me, I would've chosen another coin other than bitcoin within the top 10-20 simply because of better potential returns. But still, 15-18 years is a long time, bitcoin may just be the better choice if you don't want the hassle of reading through a coin's white paper, developers, community etc. Anyway, good luck and again congratulations!

[pushups44]

Smart move! Yes, bitcoin can fall under $30,000, but eventually the bull market will resume and people will have wished they could get it at these prices. There is also another halving event coming in just over two years.

Those who invest in the long term, especially with a horizon of 10 years or more, will be richly rewarded.

[kawetsriyanto]

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?

Of course, we don't know how much it will be after more than 10 years. But $100 is possible to be $10,000 if Bitcoin future is brighter. Anyway, I don't think 18 years is a must, 10 years is enough to hold the Bitcoin. They can take some profits and reinvest again after holding it for around 10 years. Convert a half to fiats for study costs, and a half for buying again Bitcoin or altcoins. Sometimes we need to consider to secure the profits after holding it a quite long time.