Quote from: Russlenat on June 13, 2024, 05:45:25 PM

Quote from: BABY SHOES on June 12, 2024, 04:22:09 PM

Not all parents understand about bitcoin, they are more likely to be afraid because the value that can fluctuate at any time is what parents want, especially lower middle class people have no experience with any investment, so the way they choose is to save money in the bank or make deposits with the APY they know.

That's a safe way for parents to save assets for their children even if they ignore the rising inflation.

Whereas we, the easy generation, understand enough about bitcoin to choose this path instead of saving money in the bank because we have learned a lot about bitcoin the meaning of financial freedom.
Bitcoin will be much better for children's funds for future education or pension funds prepared from now on.

No matter how we see it, traditional parents will only prefer saving money in the bank as the most safety and reliable investment. And for me, that won’t be considered a useless thing since saving money in the bank has already proven its positive effects throughout those early years.

However, with this digital era, a lot of changes have taken place and part of it is crypto investment, particularly bitcoin. Investing in bitcoin has been highlighted more due to its high profitability and high sustainability in the long run, regardless of those parents who still chose the traditional way of saving their money in the bank which is never a bad thing also.

I will not be too fanatical about any investment because banks are still needed, including their parents choosing banks because they have been understood since decades even though the world of investment has now changed a little, there is no need to save in the bank, but with parents saving in the bank they can easily withdraw anytime.

For now, including me, I have opened the eyes of the right choice, so the bank is only for necessary needs while for long-term investment it will choose bitcoin in the percentage that I do is 70% bitcoin while 30% fiat because fiat is still needed at any time.