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?
This is a good plan; however, I would advise you not to put your child's trust in Bitcoin and to consider diversifying your investment. Their investment is what will determine your long-term profit. You could invest in real estate, you could invest in agriculture, and you could buy good stocks. In addition to Bitcoin, you should consider the following viable alternatives for your child.