Post
Topic
Board Bitcoin Discussion
Re: I will invest in bitcoin for my child's cost when they grow up.
by
Broadanbig
on 31/01/2023, 15:15:55 UTC
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?
It is absolutely good such a decision. You must understand that the bitcoin market is volatile so invariably, it means that you will be buying bitcoin in fractions and holding them for a long time. Buying them in fraction and with spare care which you can afford to loose is the best option but however, I know you will not loose them because bitcoin will do much better in price value in time to come so it is good you are in the right investment track.  You have already secured and insured the future of your kids by purchasing bitcoin for them and their future expenses are definitely covered with them protected from unforseen financial challenges in time to come.
Congratulations to you!
Congratulations to you kids!
Congratulations to your family!

I like what you did and I think I would take same step as you did although I am yet to get married but I will set same standard at follow it gradually.