Kids and Cryptos: Should Parents Invest in Their Kids' Future?

[SpHYnx]

Title: Kids and Cryptos: Should Parents Invest in Their Kids' Future?

"Hey fellow forum members, I'm starting this thread to spark some discussion about the pros and cons of investing in cryptocurrencies for our kids' futures. With the rapid growth of the crypto space, I'm curious to know how many of you have considered setting up a crypto account for your little ones? Should we be teaching our kids about crypto from a young age and investing on their behalf?"

 

[netportal]

I've got a kid myself, and I think investing in crypto for their future is a long shot. It's more about teaching them the value of money and the basics of finance, rather than hoping they'll strike it rich. But hey, if they show a natural interest, maybe a small, low-risk exposure wouldn't hurt.

 

[hapet_78]

"Yea, I think it's cool that some parents are investing in cryptos for their kids. But we gotta be real, the whole space is still super volatile - not sure if I'd wanna expose kids to that level of risk just yet. Maybe a more stable asset or a custodial wallet would be a better option."

 

[oksi17]

"I think it's a great idea for parents to get their kids started on crypto, but not with their own savings - more like educating them on the basics and letting them learn from their own experience. That way, when they're older, they can make their own informed decisions. Plus, it's always good to get them familiar with the concept of risk management"

 

[karl_m]

Honestly, I think it's a great idea for parents to introduce their kids to crypto and its concepts from a young age, but investing directly in their kids' future is a different story. It's crucial to teach them the value of money and responsible investing, but at the end of the day, it's still their future, not the parents'.

 

[Марина408]

Ya know, I think it's a no-brainer. If you've got a spare sats and your kid's interested in crypto, why not put it in a custodial wallet for them? Might not be the best investment, but it's a great educational opportunity.

 

[y1256]

Discussion: strategies

 

[geo767]

Thoughts on best practices?

 

[molly2]

Thoughts on strategies?

 

[tottip]

Thoughts on new trends?

 

[bandeano]

Discussion: market updates

 

[k_gene]

strategies - let's talk

 

[shaleon]

Honestly, I don't think it's a good idea for parents to invest directly in their kids' crypto wallets. At their age, it's more about education than speculation. Instead, maybe a course or workshops on crypto basics and financial literacy would be a better investment in their future.

 

[wywany]

opportunities - let's talk