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Author Topic: Early bitcoin investment for my baby  (Read 837 times)
macson
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March 17, 2023, 03:52:58 AM
 #81

Few days back, I came across a post encouraging people to use the money well wishers gives to newly born babies and mothers as a gift  to invest in bitcoin for the baby,  then I was pregnant, just delivered 3rd of march. My baby and I has made up to $50 if converted just 10days after giving birth.  I am definitely going to use the money to invest in bitcoin this year for my baby so that in the next 18 years my baby will be proud of the decision I took for him.

Im so glad I discovered this platform this year, I believe I am going to achieve a lot from this forum

Below are lovely pictures of my cutie, my bundle of joy.🥰

https://i.imgur.com/aILveaK.jpeg

https://i.imgur.com/hC9kWoy.jpeg
i don't know if you are telling the truth here (maybe you took a photo of someone else's baby) but i congratulate you on the smooth delivery process you are experiencing.  i fully support what you are doing, the price of bitcoin is currently under $30k, so it is a good moment to buy, definitely in the next 18 years, the price of bitcoin will increase and your current $50 investment will double (your child will definitely be very grateful to you)

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March 17, 2023, 04:00:35 AM
 #82

Few days back, I came across a post encouraging people to use the money well wishers gives to newly born babies and mothers as a gift  to invest in bitcoin for the baby,  then I was pregnant, just delivered 3rd of march. My baby and I has made up to $50 if converted just 10days after giving birth.  I am definitely going to use the money to invest in bitcoin this year for my baby so that in the next 18 years my baby will be proud of the decision I took for him.

Im so glad I discovered this platform this year, I believe I am going to achieve a lot from this forum

Below are lovely pictures of my cutie, my bundle of joy.🥰

https://i.imgur.com/aILveaK.jpeg

https://i.imgur.com/hC9kWoy.jpeg



very good action to emulate. at least by having cold money and investing in bitcoin for the next 18 years, it is still very possible to guarantee your child's school fees. it's a simple thing but many people don't think about giving the best for their children, at this time with a little bit of bitcoin that we invest, hopefully in the future we can earn many times more, especially in the long term, instead of the money we save in the bank, as a guarantee for the future son, for me it's better by investing

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March 17, 2023, 04:04:51 AM
 #83

First, congratulations on the birth of your baby, I really appreciate this step. I rarely hear of a mother who has the thought of being one step ahead by investing by doing her own research, usually parents do it in fiat in the form of savings but you do it in bitcoin for your baby's future. Cool.. But you also have to consider the long-term potential of the investment in the future.

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March 17, 2023, 06:16:14 AM
 #84

i don't know if you are telling the truth here (maybe you took a photo of someone else's baby) but i congratulate you on the smooth delivery process you are experiencing.  i fully support what you are doing, the price of bitcoin is currently under $30k, so it is a good moment to buy, definitely in the next 18 years, the price of bitcoin will increase and your current $50 investment will double (your child will definitely be very grateful to you)
Of course, if he can keep the investment for so many years, he can earn 5x, 10x instead of double. But I think he should gradually increase the money invested there. Because he is investing in his child's future and I think his child will thank him when he learns and understands about Bitcoin.For that if he gradually increases his modest amount here then surely he can take a huge amount of profit from here which will have a good impact on his child's future.

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March 17, 2023, 07:02:53 AM
 #85


Of course, if he can keep the investment for so many years, he can earn 5x, 10x instead of double. But I think he should gradually increase the money invested there. Because he is investing in his child's future and I think his child will thank him when he learns and understands about Bitcoin.For that if he gradually increases his modest amount here then surely he can take a huge amount of profit from here which will have a good impact on his child's future.
We are just speculating at this time because we are talking about say more then 18 years when Child will become adult and we don't know what bitcoin status will be at that time but we are being optimistic about its growth.But yes it will surely be too high in comparison to current prices so as a parent they can put more regular investments for his future to have considerable amount with him.So overall good decisions but after considering all the factors in long term holding like keeping it securely with seed phrases safe and in hardware wallets not on any exchange or paper wallet.

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March 17, 2023, 01:13:53 PM
 #86


Of course, if he can keep the investment for so many years, he can earn 5x, 10x instead of double. But I think he should gradually increase the money invested there. Because he is investing in his child's future and I think his child will thank him when he learns and understands about Bitcoin.For that if he gradually increases his modest amount here then surely he can take a huge amount of profit from here which will have a good impact on his child's future.
We are just speculating at this time because we are talking about say more then 18 years when Child will become adult and we don't know what bitcoin status will be at that time but we are being optimistic about its growth.But yes it will surely be too high in comparison to current prices so as a parent they can put more regular investments for his future to have considerable amount with him.So overall good decisions but after considering all the factors in long term holding like keeping it securely with seed phrases safe and in hardware wallets not on any exchange or paper wallet.
More important than that is to see the source of his invested money. I will never ask her, her or her children to invest money that they need. Because it is important for his child to be alive now than 18 years later. If he invests from the required money in his family then maybe after some days his family may face financial problems.Then if his child does not get his basic needs properly. Then his child and his family will be in financial trouble. So I think it is better to use the extra money apart from their family essentials to invest in bitcoins.

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March 17, 2023, 01:33:46 PM
 #87

Few days back, I came across a post encouraging people to use the money well wishers gives to newly born babies and mothers as a gift  to invest in bitcoin for the baby,  then I was pregnant, just delivered 3rd of march. My baby and I has made up to $50 if converted just 10days after giving birth.  I am definitely going to use the money to invest in bitcoin this year for my baby so that in the next 18 years my baby will be proud of the decision I took for him.

Im so glad I discovered this platform this year, I believe I am going to achieve a lot from this forum

Below are lovely pictures of my cutie, my bundle of joy.🥰

https://i.imgur.com/aILveaK.jpeg

https://i.imgur.com/hC9kWoy.jpeg



Do I have to say congrats to your baby for investing in bitcoin?
Yes it is a very great job, but it will be even more great if you teach bitcoin when it starts to think and grows during its exploration.
What's your next step? are you going to keep your child's bitcoin where you bought the bitcoin or move it? I suggest you use a wallet with full control and do not store your bitcoins in a wallet that is on any exchange.
I am very interested in watching your child's development accompanied by bitcoin literacy.
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March 17, 2023, 03:10:03 PM
 #88

I congratulate you OP. for giving birth to a very cute baby. I know you must be very happy right now with the presence of your baby. and of course everyone will think of the best future for their children. and I think what you plan to do with that money is to invest in bitcoins is the right move. I am happy and I pray that you and your child will always be given health and happiness. don't forget to set up a bitcoin wallet safely. Therefore, for the long term, you should store your wallet phrase code well.
I think the step taken by op is the right step. Because he is going to make some money for his child, but if he can keep this money for a few years, then the money he invests now will multiply several times after a few years. Then he will get a lot of profit from here.  I think he has done the right thinking here. And if he can do that, it will be good for him. I think it is the right move.


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March 17, 2023, 08:01:03 PM
 #89

Few days back, I came across a post encouraging people to use the money well wishers gives to newly born babies and mothers as a gift  to invest in bitcoin for the baby,  then I was pregnant, just delivered 3rd of march. My baby and I has made up to $50 if converted just 10days after giving birth.  I am definitely going to use the money to invest in bitcoin this year for my baby so that in the next 18 years my baby will be proud of the decision I took for him.

Im so glad I discovered this platform this year, I believe I am going to achieve a lot from this forum

Below are lovely pictures of my cutie, my bundle of joy.🥰

https://i.imgur.com/aILveaK.jpeg

https://i.imgur.com/hC9kWoy.jpeg



congratulations to your new baby and for your wise decision to invest the sum of $50 in the name of your baby. I would not mind to know the name of your baby maybe I can donate some token for the baby to help increase the savings for the future. I am always glad when I see people with Passion to invest and promote Bitcoin. Your baby would be proud of you so you just have to relax and make the best decision for your baby now that the price if Bitcoin is till low and quite affordable. Who knows what the price of Bitcoin would be from now till the next 10 years.









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March 17, 2023, 08:05:28 PM
 #90

Seeing you displaying the pictures of your baby you must be thrilled about the good investment. Investing on behalf of our children is the best gift we can give to secure their future. As the child grows let the child be aware of this investment and also any other important details about that investment.

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March 17, 2023, 09:56:28 PM
 #91

First of all congratulations to you for having the most beautiful gift in your life and can feel how much happy you must be at this time.It is really good thought to save for your children at an early age so they have something with them when they grow up to aid them financially.We give them lot of gifts but these things are on which we should focus more along with the gifts.By the time he will be 18 the btc will surely be in very profitable stage if everything goes in favour as can't say anything with surety but yes it's right decision you have made as a parent.


This can be considered a kind of investment that parents adopt and not an investment that their children will adopt at a later time.  In my opinion, it is good to adopt this type of investment in order for our children to benefit from it when they grow up, but this is not guaranteed that the children will benefit directly from it, as they may not be enthusiastic about this type of investment or any other type.  And since the parents are the ones who will keep the private keys, they will be able to change their minds if the opposite is proven.
This is why on the time that your child is on the right age then it would really be just right that you should really tell them about crypto.This should really be told on the proper time on which his mind
is already that prepared on accepting on things which are the current trend as of this moment or into those future years to come.Just like the rest been saying that this investment would really be
that useless if your child would really be selling those coins on the time that they do able to held those.This is why self awareness and learning do plays a crucial part on this one
on how it would be ended up.


This means that the investment is made by parents in a kind of bet that this investment will benefit their children and that their children will not underestimate the issue and will consider it their own investment. In a simpler sense, this may be a type of investment that will be offered to parents to engage in.
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March 17, 2023, 10:27:04 PM
 #92

Congratulations!
And this greeting is for both those starting to invest in bitcoin and also for your successful labor. Those investors of bitcoin that have parents that have been through a lot, we should take notice of their sacrifices just as OP is trying to do with her baby. She's thinking already about the future of her baby and it may be different in the past because opportunities were limited but this time, it's time to give back to them as we've fully grown adults already. I'll also do that for my baby as that's necessary as a parent to think of the future of our young ones. I guess that bitcoin will be generating a lot of generational wealth and we're all hoping with that.

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March 17, 2023, 10:37:57 PM
 #93

Nice decision. I can't recall the thread but I have read it as well. I haven't done something like this yet, because everything is for my baby whatever I am earning. I am holding a decent cryptocurrency, so they can spend from there. Because I don't intend to sell them right now and even if I sell, I will keep some for the future. Not gonna make my wallet empty anyway. But for those who can't afford to accumulate a big amount of cryptocurrency then better to make savings and invest in crypto. It would be for your baby or for your future.

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March 17, 2023, 10:53:26 PM
 #94

Even though you are already happy about the birth of your child, I think it is not necessary to display a photo of your baby in full because this is a public space for fear that the photo will be misused by irresponsible people.
You know, your advice on not disclosing the baby's imagery got me curious and I had to go the length of inserting the necessary codes to the provided link and it appears OP already took to your advice. That's evident of some good learning on the part of OP and that's great.
I might say, he's just a baby an facial looks in 18years would be very unrecognisable from what it is now which makes the need for privacy in his case overrated but, what do I know.
Don't want to over think it but, other reasons might as well prove it useful to maintain privacy.

I think it's great that you are so confident about investing in bitcoin for your child's future, but you have to think about the risks and other kinds of hurdles however normally the need for a baby is very great unless you can cover that need from other income and when it grows up.
That's definitely something worth doing and parents should be doing. Other than picking some fixed deposit in on there kids, some Bitcoin investment might be useful and would be worth more in 18years.
Best way to keep yourself from it, view it as not yours because, it literally isn't and never try to borrow from it for any reason as it constitutes your child's future at OP.

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March 17, 2023, 11:26:29 PM
 #95

Few days back, I came across a post encouraging people to use the money well wishers gives to newly born babies and mothers as a gift  to invest in bitcoin for the baby,  then I was pregnant, just delivered 3rd of march. My baby and I has made up to $50 if converted just 10days after giving birth.  I am definitely going to use the money to invest in bitcoin this year for my baby so that in the next 18 years my baby will be proud of the decision I took for hi

Will you really be able to Hold the bitcoins for your baby till he/she becomes older? 18years is a long time and a lot of things can happen in that time. If you want to invest in bitcoins for your child, you need to be invest a huge amount and not crumb by crumb. Also before you child come of age, you have to ensure that you have done the part of educating him or her well about what bitcoin really is, so that at the end when you hand them ownership of the bitcoins you have been keeping for them, they will actually know the value and not waste it.
commercial banks encourage people to save for their children until they are of age to handle the account why can't we do same for bitcoin. This is not a bad idea if I must say.
The risk between putting your money in a bank and putting all of your money in Bitcoin is very different.
The risk is higher when you put your money into Bitcoin as it's very volatile however, if you can handle the price movement of it, and you're still ok even though you see your holdings down ~50%-80% if it happens then there's nothing wrong with it, and you can just simply put your money into Bitcoin, and don't put it into banks.

Commercial banks encourages people to save money for their children for their own sake. They wanted you to save your money in their banks so that they can loan it out 10x to other people. Fractional reserve banking. Who will be the ones who will benefit from it? Only banks and you as a depositor? You will not because the interest is very low knowing how high inflation is.

Anyway, congrats to your baby, and you're Bitcoin investment for the future of your baby. I don't have a baby ATM, but I already set aside a specific amount of Bitcoin just for him/her. Smiley Too early I guess.

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March 17, 2023, 11:59:30 PM
 #96

Instead of requiring them to do so, wishgivers could give you fiat if they want to so and you'd simply put in into bitcoin investment. It is the same with them paying through this technology.
First of all congratulations to you for having the most beautiful gift in your life and can feel how much happy you must be at this time.It is really good thought to save for your children at an early age so they have something with them when they grow up to aid them financially.We give them lot of gifts but these things are on which we should focus more along with the gifts.By the time he will be 18 the btc will surely be in very profitable stage if everything goes in favour as can't say anything with surety but yes it's right decision you have made as a parent.


This can be considered a kind of investment that parents adopt and not an investment that their children will adopt at a later time.  In my opinion, it is good to adopt this type of investment in order for our children to benefit from it when they grow up, but this is not guaranteed that the children will benefit directly from it, as they may not be enthusiastic about this type of investment or any other type.  And since the parents are the ones who will keep the private keys, they will be able to change their minds if the opposite is proven.
This is why on the time that your child is on the right age then it would really be just right that you should really tell them about crypto.This should really be told on the proper time on which his mind
is already that prepared on accepting on things which are the current trend as of this moment or into those future years to come.Just like the rest been saying that this investment would really be
that useless if your child would really be selling those coins on the time that they do able to held those.This is why self awareness and learning do plays a crucial part on this one
on how it would be ended up.


This means that the investment is made by parents in a kind of bet that this investment will benefit their children and that their children will not underestimate the issue and will consider it their own investment. In a simpler sense, this may be a type of investment that will be offered to parents to engage in.
Every investment is a bet or gamble. And every investment is ofcourse ideally to benefit the certain individual in long run. But given that it is investment we are talking about, no certainty is there and this is a given idea in this technology as well as with other investment industries. I actually see this as a normal way to invest except for the idea that the babu is used in such way.

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March 18, 2023, 06:02:59 AM
 #97

Very happy for you to to enjoy fatherhood with your newborn. I was never close to my father so enjoy these early memories you have with your baby. Make it a lifelong bond and remember he is a little blessing for everyone.

Giving your newborn Bitcoin is the nicest thing you can do. It is better then giving them just fiat in a bank account or bonds or gold. In only a few years his Bitcoin will be profitable and he will appreciate you when he becomes older. You are how every father should be for their kids. 

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March 18, 2023, 07:09:29 AM
 #98

Although I can't predict the next 18 years later, but just don't put a lot hope if the Bitcoin price now and the next 18 years would be really so difference where at the first time Bitcoin is only worth for less than cent and now it's already $25K. Bitcoin price might touch $1 after the next 18 years because anything is possible, it's also possible the price will be sky rocketed, but I not really think the ROI is really so huge.
Thinking how volatile and unpredictable bitcoin is, it’s good to invest but never hold guarantees that bitcoin will definitely boom in the next 18 years, you will only be frustrated if you put high hopes on that. Just invest with your spare money, money that are not intended to supply the needs of your baby. While your idea is great, but always invest at your own risk. Bitcoin will never have a fixed value, so always be open that the price could go up pumping or might drop its value and face a sharp decline.

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March 18, 2023, 07:51:58 AM
 #99

Few days back, I came across a post encouraging people to use the money well wishers gives to newly born babies and mothers as a gift  to invest in bitcoin for the baby,  then I was pregnant, just delivered 3rd of march. My baby and I has made up to $50 if converted just 10days after giving birth.  I am definitely going to use the money to invest in bitcoin this year for my baby so that in the next 18 years my baby will be proud of the decision I took for him.

Im so glad I discovered this platform this year, I believe I am going to achieve a lot from this forum

Below are lovely pictures of my cutie, my bundle of joy.🥰

https://i.imgur.com/aILveaK.jpeg

https://i.imgur.com/hC9kWoy.jpeg




I don't know if it's going to go well in the future plus investing is not easy to do especially when you're always watching the market, but I guess if you're just going to forget about your bitcoin and maybe just put it in a secure wallet then look at it after a few years I think it might work since it doesn't really get a lot of your time and you didn't really pay so much attention on it.

It's great to make a bank or funds for your child in his or her early days so that you will have funds in the future for your baby. But its always a bet and you don't really know if your investment is going to earn some profit on years of investment so if the baby really need something mind just used those funds to buy what the baby need instead of putting it on investment.


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March 18, 2023, 08:39:27 AM
 #100

Since your goal is to hold thinking on long term results (18 years from now), you should think about storing your coins safely on your own hands. That is, to not rely on any third party online platforms to keep your coins stored. You need a hardware wallet and to control your own keys.
(...)
I'm curious how the OP stored the Bitcoin they bought for the baby, they created a paper wallet? Bought a hardware wallet or any software Bitcoin wallet? It would be more amazing for OP to share how they manage to store the Bitcoin so just in case in the future, other will follow it too.
Just like me, I am planning to do it in the future for my children. Since I saw a lot of people having life insurance to their children while at very young age, so for me, I will do like what OP did.

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