I see lots of people who have long term success investing in bitcoin. for example, like people who bought bitcoin in 2009 and sold it in 2021 when the bitcoin price was high.
now I have a child and my child is still small, of course the bigger my child is, the living expenses will also be greater.
so I plan to buy bitcoin and will invest in bitcoin for the long term, with the intention of paying for my children in the future, such as for school capital and my child's future marriage.
but I am also aware of the risks of investing in bitcoin, but I personally am ready for the risk of investing in bitcoin.
I want to know your opinion?
That is a very good move and this will definitely help your child in the future if everything goes well, but you should understand that even if you do that for the long term you are taking a risk and this risk always will affect your child and her future so I suggest you to invest wisely and be very careful about how you are holding the bitcoins. Because from what we saw so far bitcoin is very good for investment in the long term but you cannot be sure what's going to happen in a few years so I suggest you invest in multiple assets to lower your risk.