4 months ago, I gave my kids $100 each and asked them to pick three cryptos in a 40:30:30 ratio to track. I will give them all the profits their investment has earned when they turn 18. This is what they chose (and how its going).
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Four months ago, I made this post about giving my kids $100 in crypto and asking them to choose three cryptos each. I was asked by many in the thread to post a monthly update. I only have the time about ever two months, so, here are the results after four months.
Also, two of the kids have since had birthdays; M is now 10, and E is 5. I have left their ages at time of investment below for reference.
M** (9yrs old, boy): ETH, THETA, ADA. Gain + 60%
A** (7 yrs old, girl): ETH, AAVE, CRV. Gain + 84%
E** (4 yrs old, girl): UNI, ENJ, CAKE. Gain + 57%
Original Post from four months ago. (For some reason, it was locked, I never found out why).
I have three kids, M**, A** and E**. I bought them each $100 worth of cryptos of their choice and will give them the entire investment when thhttps://www.reddit.com/r/CryptoCurrency/comments/ofzwd4/i_gave_my_kids_100_each_and_asked_them_to_pick/ey turn 18. I let them make their choices based on whatever reasons they wanted. All I did was show them the top 100 list from coinmarketcap.
These are their allocations and reasons for each decision:
M** (9yrs old, boy): ETH, THETA, ADA. He really loved the black diamond and thought the other two had nice aesthetic designs.
A** (7 yrs old, girl): ETH, AAVE, CRV. She also loved the black diamond, the AAVE has her favourite colour and starts with the same letter as her first name, CRV has a pretty rainbow.
E** (4 yrs old, girl): UNI, ENJ, CAKE. She loves unicorns and therefore, loves UNI. The ENJ logo has a very pretty E for her name. CAKE because she loves pancakes.
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