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RE: My oldest wants all his funds in LTC....

in #ltc6 years ago

This is great and if that advanced he needs to listen to Lynette Zhang on cryto currrencies and the millenials and they don't truly understand that crypto isn't actually tangible s much fun it may seem and holding something like old and silver or even toilet paper has a trading ability. You might be better to divest him of some of these coins into tangible assets.

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He collects actual coins too. He might even have a gift for picking them out. y dad collects, so we went to the annual coin show. He went with 40 bucks and afterwards we looked up his coins and valued them. He had purchased 138 dollars worth of collectibles for 30 dollars. Mostly in one early 1800's penny, a big giant copper coin that I had never even seen. We all hodl silver, but he has not had interest because it is not "easy to spend"....That's the point little one, that's the point....

It sounds like he has life sussed very well. In US very cheap property so perhaps get him one to rent out if he has some savings already.

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