why don't you buy Bitcoin Holdings for your child from infant and do all his savings in Bitcoin so that by the time the child becomes a teenager, Bitcoin price might have hit $500k and above. This way you can have a long term holdings in Bitcoin.
What is your opinion on my suggestion, is it a guarantee for the child's future and will enable you to benefit from Bitcoin ?
This will be the ultimate test of my life and possible for others out there who are holding their Bitcoins for a very long time or just like me that is holding Bitcoin for my future child What is your opinion on my suggestion, is it a guarantee for the child's future and will enable you to benefit from Bitcoin ?
.Test of patience. Discipline plays a big role on this one if you are planning to do it and TBH, there is nothing wrong with it since just by looking at the charts, the price movement of Bitcoin is only going upwards though it isn't a smooth road and there will be times where it will make a huge correction that might affect you and your whole strategy.
On the other hand, putting all of the savings for him to Bitcoin is not a good strategy for me. I will hold Bitcoin for my child but at the same time, I will hold other assets as well like Stock Market that gives dividends so in that way, it is compounding since it's for the long term.