The gap between gold and Bitcoin is narrowing: nearly half of Americans set aside $BTC for their children!

Cryptocurrencies are no longer a fringe phenomenon in finance, and some parents are considering them as investments to set aside savings for their children's future.
A recent survey found that nearly half (45%) of U.S. parents who own cryptocurrency have already considered setting aside a portion for their children's future. Another 40.6% plan to do so soon.
CouponBirds interviewed 1,046 parents in the United States between January and March of this year, analyzing their views on the possibility of investing in crypto for their children.

The main reason parents bought cryptocurrencies for their children is tied to trust in future growth. Other reasons for long-term investment in crypto are related to education levels and currency devaluation.
The majority approach these investments with a "set and forget" long-term mindset, intending to leave the capital untouched until it's needed for their children.
Meanwhile Bitcoin insurance company Wealth Director Danny Baer explained that instead of viewing Bitcoin as a quick way to make money, it's wiser to consider it a long-term investment.
So far, every Bitcoin price drop has been higher than the peak of the previous cycle. In practice, the asset has been on a rally for 15 years.

Long-Term Investment Opportunities

The long-term potential of cryptocurrencies like Bitcoin is a subject of debate.
Although some believe they could become mainstream, there is no guarantee. Yet, given the market's high volatility, advisors usually recommend considering cryptocurrencies as a long-term investment. Ideally, you should hold them for at least ten years.
Identity.com CEO Phillip Shoemaker argues that the key to investing in Bitcoin is making frequent small purchases. You buy it, store it safely in a hardware wallet, and protect it in the long term.
"This holds true with assets like Bitcoin, and not with more speculative altcoins," he explained. "This is one of those things you should do. Gold is a good investment, but Bitcoin is outshining all of that. So yes, I would recommend it."

Portfolio Diversification

Cryptocurrency price swings akin to rollercoasters, potential security breaches, unclear regulations, and its relatively short existence create a challenging investment landscape.
River North Communications CEO Kelly Ferraro suggests that parents should carefully consider their risk tolerance before investing. They should also reflect on the long-term investment horizon and how it would contribute to diversifying their children's overall portfolio.
For a smart approach, consider speaking with a financial advisor and investing a manageable amount as part of a diversified portfolio.
"Understanding the legal and tax implications of cryptocurrency investments in your country is crucial," she added.
"In the end, the decision should align with the family's financial goals, risk tolerance, and commitment to staying informed about the ever-evolving cryptocurrency landscape."

Weight of Scarcity in Determining Bitcoin's Value

Investors should consider Bitcoin's limited supply. This is a key element that sets it apart from the current monetary system, which theoretically allows central banks to mint new notes indefinitely.
Finder Senior Digital Asset Analyst Frank Corva is in favor of investing in Bitcoin for children, considering it an "excellent move." He also predicted a substantial increase in Bitcoin's price, even stating that it could reach $1 million by 2030 due to its "perfect scarcity."

"Assets like ETH and SOL do not have a maximum limit, which makes them somewhat more uncertain as long-term investments."
Corva added that parents should also consider their ability to hold onto the tokens for such a long time. Unlike traditional investments, individuals must take responsibility for managing digital assets using a hardware wallet like Trezor. And this requires technical knowledge and a certain confidence in key security practices.
Negligible Consequences on Small Percentages
The future of cryptocurrency, like any investment, is difficult to predict with certainty. Years or decades from now, it's unclear how the market will have evolved.
However, diversifying your money among different assets could improve returns. Limiting risk is just as important, as RetireGuide.com Chief Financial Analyst Stephen Kates argues.
"There's little harm in using small percentages of investment, in the single digits, within the context of a specific saving strategy," he stated. "Any parent looking to buy Bitcoin for their children should consider spreading the amounts spent within a well-diversified investment strategy."
Kates explained that experienced traders focus on position structure and risk management. Mastering these skills is the ultimate weapon in your investment arsenal.