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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
lifengpu
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December 04, 2017, 02:04:59 PM
 #1301

Part of bitcoin, I for this purpose and I hold as in the future I think that it will be worth quite good money and for children they come in handy
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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odranoel
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December 04, 2017, 02:12:58 PM
 #1302

First i joined bitcoin is to give the needs of my family especially to my children, so saving bitcoin is one of my purpose for there future and for others basic and future needs of the family

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December 04, 2017, 02:17:22 PM
 #1303

It was good to save some bitcoins to our children, Because we don't know what happen next to our family, If we are sick or have some problem for their school about payment. So if we have bitcoin that we save we can afford for that and ready in the coming in a future.

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December 04, 2017, 02:19:11 PM
 #1304

I know people that save for retirement, where small part of salary goes to buy Bitcoin, month by month,
regardless of BTC price.
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December 04, 2017, 02:19:53 PM
 #1305

Nobody know if its a good opportunity for next generation... Bitcoin is too young to know if it will be part of our heritage.
rfj
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December 04, 2017, 02:21:59 PM
 #1306

Saving bitcoin for your future children is a long-term goals. I can positively assume that bitcoin will grow more in the next few years. So, investing in bitcoin and saving it for the furure is such a nice move. Despite of saving it in the bank which only gives smalle interest, investing in bitcoin will make your investment double, triple and up.

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December 04, 2017, 02:22:45 PM
 #1307

Part of bitcoin, I for this purpose and I hold as in the future I think that it will be worth quite good money and for children they come in handy
if bitcoin is taught to our children someday, I think it is good, but sometimes the risk faced it we never know. because every journey is certainly there are obstacles that hinder, our struggle.

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supermam
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December 04, 2017, 02:23:45 PM
 #1308

That's the best thing to do you must save for the future of our kids and that's the most important thing to do and i think that investing in bitcoin helps a lot .

Getcoinsite
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December 04, 2017, 02:26:06 PM
 #1309

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.

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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
if your really looking for what you can leave with your family so
why not convert it into cash and put in bank..thats the safest way you
can do.. another thing teach them about crypto and share to them
your knowledge and accounts so whenever your gone they can
continue your legacy
roy12875
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December 04, 2017, 02:29:53 PM
 #1310

this is a good advise for every daddy and mommy. We know the inflation is higher than we think. It is hard to save money if people dont invest something. Actually, bitcoin is the winner in the market($1000 to $10000 in this year), so saving your bitcoin for kids to let them have a good life.  

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December 04, 2017, 09:47:30 PM
 #1311


It has been the main thought that Bitcoin's results will be used for the benefit of the Child, as the interests of the child's progress and development will always be considered primarily.
so the reasonable success of Bitcoin will be used for them.

chromosomes
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December 04, 2017, 10:00:47 PM
 #1312

If you are assured that bitcoin will still exist that long, then you can rely on saving money for you and your children. Saving bitcoins is somehow risky because you won't know when will it rise or fall. Although it is risky, you'll get advantages from it, and the bitcoins you are saving will be bigger.

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Harley29
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December 05, 2017, 12:32:53 PM
 #1313

Wow, this is something incredible. Most parents would feel the same way certainly, and yes saving bitcoin for the future definitely an advantageous move for your kids and plans in the long run.
It’s a very good idea to save bitcoin for your children’s and in coming time education is also going to increased so it can help them in coming time because bitcoin is going to help in present and in future as well so everyone must start saving for their children and secure their kids life and I’m also trying to save bitcoin for fro my children’s and I’m sure that in future bitcoin will really help me and I can change the life of them.

helars2008
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December 05, 2017, 12:41:27 PM
 #1314

This is my ultimate goal.
Being able to save a substantial amount in order to secure the future of my soon to be children.
That is why i am also being thrifty in spending my coins say i am considering the future of my family.
This is not only for me,  but for my children as well.

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wallstone
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December 05, 2017, 12:43:37 PM
 #1315

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.
Actually, saving bitcoins for your or for our children is a nice idea. Saving bitcoins will help you children to have better and bright future. Furthermore, as of now I started to save some bitcoin and Im still earning bitcoin and the half of my bitcoin will be save for my children.
masterman
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December 05, 2017, 12:53:10 PM
 #1316

Well, it does look like a good idea. However, it would need constant monitorizing, and if BTC suddenly starts falling, better sell and keep fiat money Smiley

kadutz25
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December 05, 2017, 12:58:11 PM
 #1317

I strongly agree because bitcoin can be used as a future educational needs of my child other than that bitcoin I can invest as a fund of old age and the cost of children in the future Cheesy
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December 05, 2017, 02:55:59 PM
 #1318

The idea is good but quite risky at the same time. Majority of people always say, "bitcoin's price has no place to go but up" but the reality is that there's still a chance that some unprecedented event might unfold that makes the price of bitcoin slump before the funds could be used by your children. IMO, its much better to loan that money into a bank with a reasonable APR; its much safe and secure.
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December 05, 2017, 03:06:47 PM
 #1319

It's what I think. In my country, We save gold and real-estate for our children, but recently, I was thinking about saving Bitcoin for them and It's not a bad idea at all!
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December 05, 2017, 03:10:12 PM
 #1320

It's what I think. In my country, We save gold and real-estate for our children, but recently, I was thinking about saving Bitcoin for them and It's not a bad idea at all!
Yeah saving bitcoin for your children is not bad at all its just like saving gold for them too, but make it sure that you do not put every penny you have in bitcoin since its not still widely acceptable and most of the people still don't trust bitcoin. A lot can happen so its better to be safe that never.

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