FREQUENTLY ASKED QUESTIONS

Crypto is a digital asset (e.g. coin or collectible) that exists on a public spreadsheet (blockchain). Learn more at our sister site cryptogaphix.com

Yes, crypto is volatile, meaning its value can change at any time. This is why the rewards for using crypto are higher than traditional finance. See the Disclaimer section under Terms & Conditions for more details.

Traditional Finance savings plans, such as a college 529 Plan, assume an average annual return of 4.5% (see Fidelity College Savings Indicator). A similar plan in crypto, such as a Decentralized Finance Certificate-of-Deposit smart contract, would have an average 40% APY (see Hex.com).

Some companies offer easy access to crypto (e.g. Coinbase, Robinhood), however, users must follow their strict guidelines and business-hours to obtain support. We advocate for crypto self-custody wallets, meaning you have FULL control of when, where, and how you use it.

There are thousands of crypto coins and the majority are potentially fraudulent. See our Getting Started section under Resources to learn about the type of crypto we suggest.

Absolutely! We have created crypto savings strategies for our own children, who will be college aged in 5, 10, and 15 years.

Unlike traditional plans where the funds must be used for education, with crypto there are no such restrictions. While we suggest using it for self-development (e.g. college, vocational training), ultimately, you are in control of your own crypto to use as you wish.

Although crypto fluctuates in price, over long periods of time, its value can rise substantially. That's the key to benefiting from crypto, start early (even in small amounts) and keep adding to it over the years. In 2011, Bitcoin cost $1 per coin and by 2025 the value had risen to $100K each. When it comes to crypto, time is in your favor.

A diverse approach to savings would be the safer choice, at least until you're comfortable with different strategies. Hence, we also suggest having some savings in cash, precious metals, and/or traditional bank accounts.