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Author Topic: Save you Bitcoin for your (grand) child / children?  (Read 36298 times)
Chennai
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October 09, 2016, 07:32:17 AM
 #381

This is a great idea. save bitcoin as an inheritance for our children is one opportunity to ensure our families are happy in the future.
I am also planning to save the bitcoins for future. I have just started earning bitcoins from this forum. The price has gone down. It will be a good idea to save now for future profit. The price may increase end of this year. It is better to earn more bitcoins as much possible to get return when the price increases.
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October 09, 2016, 07:38:31 AM
 #382

Even being a great opportunity i do believe the bitcoins im getting are being spent, i really wanna save a portion for the future, but i dont know if im able to stop spending bitcoins, as i realize the 4 projects pending i really do hope that i can start saving bitcoin instead keep investing and reinvesting them.
of course everyone wants to save their bitcoin and used for the future so it is helpful, but you know the problem many people have is they have a need and a lot of other things that have to be paid, and it does not matter if you have a large income bitcoin? But what about someone who earn little like us

Exactly people who are earning bitcoins only in their extra time and who has only limited ways to earn them will find it difficult to save them as they would be having low and limited earnings.
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October 09, 2016, 04:38:04 PM
 #383

My plan is slowly to educate all my family to use bitcoin which in turn will help them to help future generations. I plan on getting my son into the habit of saving bitcoin and I will try to build him and future grand children if they come with a bitcoin nest egg for their future but it will take time.


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Senor.Bla
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October 09, 2016, 04:49:47 PM
 #384

Talk about thinking long term Grin, I think if you are young then it does not make sense, what you must be thinking is to increase your holdings and investments in bitcoin.
you have to separate things. if he wants to leave some to his children, then why would he have to increase holdings and investments in bitcoin? also if bitcoin becomes a big thing, then we are talking about long term and maybe one bitcoin will be enough some day to be very well of.

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October 09, 2016, 04:50:22 PM
 #385

i am not going to save a btc for my child or grand child right now insted i will save a percent pf my earning as an future investment for them which is ofcourse be used in their betterment and i will teach all the good things about how to learn not to you have to learn :p my ancisters had done this mistake but i will improve it

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October 09, 2016, 05:16:54 PM
 #386

i am not going to save a btc for my child or grand child right now insted i will save a percent pf my earning as an future investment for them which is ofcourse be used in their betterment and i will teach all the good things about how to learn not to you have to learn :p my ancisters had done this mistake but i will improve it
Well it is good for both of them because you are workign for your family and for your future child.. this is why we are here and looking for extra income to help our financial daily..
If you have a good plan for your future you can be rich just stick what you are doing right now and how you are making a lots of earnings in your business..
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October 09, 2016, 10:19:30 PM
 #387

A good topic to share with. I have just began my journey. Started my career few months back here. Joined in the campaign and posting. Waiting to experience the btc come to wallet. I really love to save the bitcoins I earn via campaigns. I am sure this would really help me fulfill my family needs and expenses for now. Will save more if I have btc after satisfying my needs. Would really love to use the saving for my children's future.
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October 09, 2016, 10:40:07 PM
 #388

I try to save around 1 btc for my grandchildren/children. but I use it every day to buy all the daily needs. I am always interested to spend it  Sad
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October 09, 2016, 10:46:49 PM
 #389

Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?

For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?
I agree that bitcoin should be saved for long term but we all have our own needs and when price is good nobody can resist to sell.If price hits $10k,I would most probably sell my all coins

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ShrykeZ
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October 09, 2016, 10:50:33 PM
 #390

I do wonder what kind of crazy value Bitcoin will have in the next 10-20 years and by crazy it could go up or down. xD
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October 09, 2016, 10:52:34 PM
 #391

I try to save around 1 btc for my grandchildren/children. but I use it every day to buy all the daily needs. I am always interested to spend it  Sad


I'm doing this also so when I grow older then I am able to help my grand children for their financial needs, but it is really hard to save good amount of bitcoins. For there are times that we need to use our bitcoins for our own needs. Just like yesterday, I'm able to pay my internet bills and I used almost 0.05 BTC just for paying it.

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October 09, 2016, 11:17:37 PM
 #392

I do wonder what kind of crazy value Bitcoin will have in the next 10-20 years and by crazy it could go up or down. xD

I rather think that the price will bitcoin craze in the future as possible after you die, what are you going to leave your bitcoin in vain, of course you're going to give it to your children

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October 09, 2016, 11:39:47 PM
 #393

Of course i will passed down my bitcoin to my next generation, and i will make sure they know how to earn bitcoin, hopefully they can develop and bring crypto currencies to the better level, and with bitcoin i hope they can reach financial freedom
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October 11, 2016, 02:31:05 PM
 #394

This is cool idea. I had started already on saving bitoin for my better future and to the one who is my hero, my grandma. I am saving bitcoin so that i can help  beloved
.
It is going to depend on how much Bitcoin I can make because I am here for my self so first I also need to think about my self.
If I am done and have done what needed to be done then I can look who I could help out.
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October 11, 2016, 03:01:07 PM
 #395

I guess that I am going to leave some behind for them but how much I do not know because I want to look first how much I would end up with.
I need to think about my self first because I am the one putting the time on first.
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October 11, 2016, 03:19:38 PM
 #396

I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.
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October 11, 2016, 03:23:13 PM
 #397

I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Venture capitalist Tim Draper predicted $10K per Bitcoin by 2018...

https://www.youtube.com/watch?v=QhmP4bwuWqw

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October 11, 2016, 03:43:07 PM
 #398

I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Venture capitalist Tim Draper predicted $10K per Bitcoin by 2018...

https://www.youtube.com/watch?v=QhmP4bwuWqw

Prediction or speculation holds no weight.  Besides, it is a mere guess, even with lots of reason behind this guess.  The only purpose is to “hype” bitcoin so more people will think that it will increase in price.  Propaganda to make people jump to the scheme.  Bitcoin may increase in price, but I highly doubt that it will reach 10k USD  by 2018.
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October 11, 2016, 03:57:18 PM
 #399

I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Everything is possible really.
I really wish and hope that very soon Bitcoin will become mainstream and main standard for online payments, and replace Paypal from throne.
Of course, such scenario will not happen overnight but in next 10 to 20 years is very realistic goal.
In such case, value of BTC will increase a lot and if we save some bTC funds now, it can rally have much bigger value later and help our children and grandchildren.
Can you imagine, to buy let's say 10 bTC now for $6 000 and save for your grandchildren later, when value of BTC can reach $ 5000 or more? Your descendants will be eternally grateful to you Smiley


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October 11, 2016, 09:13:04 PM
 #400

i am not thing for such a long time. every one has their own fate, i am earning money for my self and no doubt for my children but it is not the aim of my life, i like to earn and lead a standard life with my family but not earning money to keep safe for my grand sons.
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