Post
Topic
Board Bitcoin Discussion
Re: Its Bitcoin a good way to save money for our kids?
by
aeternus
on 29/11/2018, 03:56:18 UTC

A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.

I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share

Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?

If it is a good idea or not will depend entirely on your mindset, if your friend is worried after just a few months of negative prices then it could be a good idea that he reconsiders his strategy and he uses something different to save for the future like fiat or precious metals, but if he is completely committed to the idea that cryptocurrencies will become successful then he can keep holding and get his son a good education.