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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
Lomperd1
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November 24, 2017, 03:44:54 PM
 #1081

I will also save my bitcoins for my children because it will help them further in their lifes, because i don't want them to feel any pain i want to make them happy.

I think of a price of 1 million at least to make them really happy.
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lani123lani
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November 24, 2017, 04:04:09 PM
 #1082

to ensure your children's future gets a chance to use some of the benefits made through the bitcoin itself. Given how fast the bitcoin increases.

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November 24, 2017, 07:00:01 PM
 #1083

any savings will be beneficial for our children...maybe it's worth thinking about bitcoin...although I prefer gold for now, because it is more stable...maybe in the near future I will save bitcoins for children
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November 24, 2017, 10:47:30 PM
 #1084

It would be amazing if someone could come out with an invention that would simply ask you if your alive once a year or something and wait a year.  If you confirm it,  you're good ,if you don't,  then your bitcoin is sent to your relatives so that you can die in peace.

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November 24, 2017, 10:52:31 PM
 #1085

It's not a good idea in my country, parents often save gold or cash for their children only. With people living in my country, Bitcoin is something very strange and they don't really know what it is so I think they'll not spend money to invest in Bitcoin then save it for their childrens. Beside Bitcoin is going to be banned in my country so maybe in the future it'll be illegal if they give their children Bitcoin instead of gold or cash.
Be prepared for that to change, I have also heard of that tradition of parents buying gold for the future of their children but as with anything things change even traditions, I think that in the future people instead of buying gold will begin to buy bitcoin for the future of their kids and that is a great thing to do since an investment of a few thousands of dollars now may become a lot more money in the future.
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November 24, 2017, 11:38:56 PM
 #1086

I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.

Hey, you should tell me where it is!

Just kidding Smiley

Yes that is a good idea, but make sure that you have multiple back ups to that. If your house burned down you need to understand a safe that is fireproof only keeps things fireproof for a little bit. If the entire house was on fire for a long time it will burn through the safe.

So what will you do in that situation? You could deposit it in a bank vault for a cheap fee(a back up copy). They likely would never burn down, and in the event they did you would be covered on it.



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Darknight31
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November 24, 2017, 11:46:07 PM
 #1087

Saving in a diversified portfolio for your kids is an amazing thing to do, and one that could make them incredibly wealthy one day, due to the power of compounding and time. BTC is part of that portfolio for me.
Saving bitcoin for the future of your kids is the right thing to do. For a parent to be ready for  the future of their kids is a responsible parent thing to do. I mean it is not only the children who will benefit from it, but also the parents because they will not have any problem about financial because they will be ready.

monomix
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November 24, 2017, 11:58:07 PM
 #1088

great idea, make paper wallet and settle a legal paper to transfer the wallet with keys upon certain age, super!
jerlen17
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November 25, 2017, 03:16:00 AM
 #1089

Yes! I actually doing that. From the bounty i joined they pay me a token which i trade into eth and eventually into bitcoin and save it into my personal account because from bitcoin when i send it to my account it automatically converted into fiat. I have a saving for my child from bitcoin and actually everyday i got inspired to save more for.the future of my daugther.
chip211
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November 25, 2017, 03:23:11 AM
 #1090

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
Why should we save it for our next generations? Instead of doing this we can teach them how to make money from it and how to become successful.
sidebyside
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November 25, 2017, 03:39:35 AM
 #1091

This is good. Saving bitcoin for children is a good investment for your child when entering the future. In the coming years, many countries will face many difficulties. Bitcoin will be a good choice for future generations to overcome difficulties

rizalzal
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November 25, 2017, 03:51:13 AM
 #1092

if bitcoin for children is a good idea for parents who already have children what else to face the economy in the future
Malamok101
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November 25, 2017, 04:09:40 AM
 #1093

Nowadays, there is also a need for money for children, because the bitcoin price is high and you need to make a bitcoin. It's okay to hold it and wait for it to grow because it's really hard for you too. the bitcoin accumulation is especially high and the price is too high for you to lose it immediately and you lose the bitcoin you bought the way to earn bitcoin and join various campaigns in this campaign.

cyriljundos
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November 25, 2017, 01:03:48 PM
 #1094

what I say about bitcoin is a great help to my kids so I can give you a good life and tomorrow

marjohn
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November 25, 2017, 04:42:53 PM
 #1095

I consider bitcoin as bank for storing money for the usage to the upcoming generation of myself.

I do believe that the near future, bitcoins as the most used online banking crypto and trading medium.
It'll become the most trendy worldwide that the copy of ourselves use it for further earnings.

#MorePower
#Thoughts
suzanne5223
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November 25, 2017, 05:59:59 PM
 #1096

There's nothing like the document kind of things when it come to bitcoin and there's no business investment or organization you can join in other  to investment for the future of your children or else you be scam. However, I will suggest you get a paper wallet and have the password/seed of the wallet save in a save deposit box in other to keep the bitcoin for the future of your children.

That's the only things you can do mate.

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November 25, 2017, 06:01:58 PM
 #1097

I have two children,i want to give better future for them.bitcoin is best option for getting profits.i will invest on bitcoin.
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November 25, 2017, 06:05:39 PM
 #1098

You can write down the seed words to the wallet that holds the coins and send them to separate lawyers/deposit boxes or to some other supports you think are suitable.
You can give more information about the deposit boxes
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November 25, 2017, 06:12:15 PM
 #1099

It's a nice idiea of our life .we want save mouny for our children,so why not bitcoin.when i will become a father then i will must do for my children.thank you for this great idea.
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November 25, 2017, 06:17:24 PM
 #1100

I love my kids, i want to make them rich.bitcoin is my investment and it can exchange anytime.
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