Bitcoin savings

[Ezzyoj]

Saving is part of life. He who save now has plans for the future. I have already save $10 dollars bitcoin for my future wife, am working saving more and increase the savings for my kids. It is hard to save when you don't have enough. But in all we must try to save

 

[solalal36]

Saving in bitcoin is a really terrible idea believe me. Bitcoin is very unstable unless you are planning short term saving, you can lose 50% of your savings. Take a cue from what happened in 2017/2018. Saving in litecoin is a better idea. Goodluck

 

[Erik4150]

If I was a parent I would really consider buying bitcoin in bulk and saving it for my children. I think it would be a good investment that would turn out to be very profitable for them in the future.

 

[Dowenship]

I wish i add Some spare money to save for myself because we never know what the future will tell. Crypto currency is gaining a lot grounds this days. And we don't know what the future hold.

 

[Eodine]

Yeah that's a great idea or let me say a brilliant one for that matter. But the problem now is that is not all parent understand the benefits of the cryptocurrency,because they don't understand how it been operate,so I won't blame them much. It's not by going to school would make you learned but by you updating yourself on most thing happening everyday in the world .

Bitcoin price has trippled in recent months what a good time to invest in Bitcoin or other crypto currencies as they are also increasing. It is advantageous to just leave in your wallet and watch it grow
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Crypto currency market has been one of the most notable advancement in technology in recent times as it has much possibilities. I would love to open a bitcoins account for all my children so it would be their investment.

 

[Nomad]

If you want to save your bitcoins, save them in interest bearing saving accounts. You can save in blockchain wallet or nexo where you can earn interest on your bitcoin.

 

[Richard92]

Yes biticon saving is a very good idea, because when you save your bitcoin it grows and you make more. This is because biticon appreciate every minutes.

 

[Senator]

I think it is a good idea to do things like this for our kids. I never even thought about tjis until I'm reading it now. Ot is a welcomed idea as for me

 

[Abbeyola]

Bitcoin and most Crypto currencies are gaining popularity on daily basis and growing fast. Parents open savings account for their children for their benefits when they are grown. In the current Crypto currency trend if you are a parent will open a wallet and save some bitcoin for your child and like how much?

Bitcoin saving is a very good idea, and also a wise choice of investment, because it keeps increasing in it value almost everyday.

 

[ahmedo24]

Bitcoin saving is a very good idea, and also a wise choice of investment, because it keeps increasing in it value almost everyday.

The percentage accrued will be increasing while the value of bitcoin keeps flauctuating so in most cases the interest cover up for losses if any

 

[Ehizzy1]

Considering the volatility of crypto currency like bitcoin , i think i will do something because when the prices of those coin increase , i will generate more interest and help my children

 

[ahmedo24]

Considering the volatility of crypto currency like bitcoin , i think i will do something because when the prices of those coin increase , i will generate more interest and help my children

if you have idle funds that you think you can spare for a long time I will advise you invest in cryptocurrency or Bitcoin per se especially if the money is used such that even a 20% rise will be something significant to your investment.

 

[GIFTMICHAEL]

That's wise for patents to create crypto wallets and store treasuries for their tender children to make their future bright. Because money you saved in the crypto for long have every possibility of growing higher than just saving in the bank.

 

[Ehizzy1]

if you have idle funds that you think you can spare for a long time I will advise you invest in cryptocurrency or Bitcoin per se especially if the money is used such that even a 20% rise will be something significant to your investment.

You are right and that have been the plan i have from the start to invest what i can afford to lose in crypto currency and make gains

 

[ahmedo24]

You are right and that have been the plan i have from the start to invest what i can afford to lose in crypto currency and make gains

I advice you invest in coins that you already their history so that your investment will be safe , there are coins I know their all time high and low so I know when to invest in them.

 

[Ehizzy1]

I advice you invest in coins that you already their history so that your investment will be safe , there are coins I know their all time high and low so I know when to invest in them.

This is true anyway because there are so many scam coins we need to be very careful of ,so we dont lose our savings and money investing in them

 

[ahmedo24]

Bitcoin is currently at $50,000 now which is not a bad moment to invest in it because it will make a turn around in big time very soon applicable to other coins too.

 

[Nomad]

Until 2020, I was using bitcoin as a payment form. I earned bitcoin from various sources and then used bitcoin to pay for services. However, I have started saving bitcoins. I wish I knew the value of bitcoin in 2016 when I started using it.

 

[tyrim88]

Ofcourse as a parent,i would save for my children with bitcoin,because this wil serve as a store of value with the benefit of appriciating in the coming future.I had an oppourtunity to invest in bitcoin few years ago,but didn't take the chance,i know what it would have been worth today.

 

[eLdavis]

Its not a bad idea, but you should also understand the risk of holding crypto. And with the nature of crypto i dont think it is actually ment for saving. Cause the price is not stable. So you could end up saving and not getting the exact amount you saved before. It could be higher or lower.