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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
RakknRoll
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December 17, 2017, 01:56:53 AM
 #1501

we need to save in bitcoin for our children because we need to study for them as well as our colleagues and our other expenses for their needs.
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December 17, 2017, 02:06:22 AM
 #1502

Saving Bitcoins for my children  is a very Good thing to do, so that by the time they are grown up the bitcoin will have appreciated in price and value and the bitcoin can be sold for the furtherance of their education.

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December 17, 2017, 02:08:44 AM
 #1503

we need to save in bitcoin for our children because we need to study for them as well as our colleagues and our other expenses for their needs.

In my opinion we need to be intouch with criptocurrency trends. So may be sometime BTC will be useless in 10 years and it will be necessary to be proactive.

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December 17, 2017, 02:17:20 AM
 #1504

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
It will really be a good thing if this matter will be handled well knowing that we can never predict when we are going to die. Our relatives should be done to be more likely accept the insurance or the invested money if ever that happens. I don't know if that is already solved yet but if ever there's a way already, it will remove our worries on who may get our saved bitcoin wherein it should be our children or close relatives.

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December 17, 2017, 02:18:11 AM
 #1505

i will save my money, not bitcoin for my children. i will teach them about bitcoin but it depend on their age. and they want to accept about bitcoin or not.
its more good if we save property, or land, other investment in real world for them. im not saying bitcoin is bad for future, but real is best investment

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December 17, 2017, 02:27:17 AM
 #1506

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.
Bitcoin is favourite online virtual currency 💱. Bitcoin getting popularity worldwide now. Many people involved them in Bitcoin now with performing their daily job. They reserve/saving money 💵 for their children for better future.

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December 17, 2017, 02:29:36 AM
 #1507

Saving Bitcoin for our children in the future is a good plan in my opinion. But it must be remembered that everything must have risks, we could lose Bitcoin because our account was hacked. To overcome the problem of Bitcoin and children, it helps us to teach and give understanding about Bitcoin first to our children so they can operate it, it is useful to anticipate when later we will give our Bitcoin Investment to our children, I suppose there should be an imail and keyword of our account in writing that we give to people or parties that we can trust that will have to be given to our children.
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December 17, 2017, 02:50:34 AM
 #1508

Saving bitcoin is a good plan and help us to teach and given understanding about bitcoin to our child, So they can operate.bitcoin it will help us a lot in the future if we are saving for your children.
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December 17, 2017, 04:08:12 AM
 #1509

Saving Bitcoin for our children in the future is a good plan in my opinion. But it must be remembered that everything must have risks, we could lose Bitcoin because our account was hacked. To overcome the problem of Bitcoin and children, it helps us to teach and give understanding about Bitcoin first to our children so they can operate it, it is useful to anticipate when later we will give our Bitcoin Investment to our children, I suppose there should be an imail and keyword of our account in writing that we give to people or parties that we can trust that will have to be given to our children.
In any how saving really works, you can choose between bitcoin and fiat since its for your children better to allow them to understand this system
first before doing your plan, because there's always corresponding risk to come along the way and we can't say what will be the future of this investment,
better understanding will help them to be more interested with this investment.

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December 17, 2017, 04:14:21 AM
 #1510

I prefer to saving money than bitcoin.. my child is still a baby and I don't know how long I should hold my bitcoin, maybe in 20 years bitcoin value will decrease, I think is risky if I save bitcoin until my child an adult..

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December 17, 2017, 04:16:45 AM
 #1511

The principle of my life is to work in a place in earnest, get as much money as possible but never invest in the place where you make money.
For example if I was a merchant working in a gambling place then I thought that I should invest my money in gambling, it was the wrong thing. Gambling is nonsense, just a game then for what I have to bet my money just for a game.
Choose a real investment. And separate the working capital with the money you have to spend for your children.

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December 17, 2017, 04:24:07 AM
 #1512

Saving Bitcoin for our children in the future is a good plan in my opinion. But it must be remembered that everything must have risks, we could lose Bitcoin because our account was hacked. To overcome the problem of Bitcoin and children, it helps us to teach and give understanding about Bitcoin first to our children so they can operate it, it is useful to anticipate when later we will give our Bitcoin Investment to our children, I suppose there should be an imail and keyword of our account in writing that we give to people or parties that we can trust that will have to be given to our children.
You have a good point. It is a good idea if we save our bitcoins for us to have a good future. I believe that the bitcoin can be the key for us to become a successful person.

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December 17, 2017, 04:33:36 AM
 #1513

Yes i want to saving my bitcoins to my children for there study and for there future..i want them to get there ambitions in life i will there dream.im also making business someday if i have a extra income and i open bank account to my children.
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December 17, 2017, 04:41:21 AM
 #1514

its good idea to save bitcoin for your children because bitcoin is a big assets and the price of BTC is increasing very quickly so if you can save some of bitcoin for your children then it will safe and also increased more and more in your wallet as price will increased and in future your children can get enough profit.
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December 17, 2017, 05:14:59 AM
 #1515

To keep it real, let's say you have 100 million USD (cashiers check, cash, gold, whatever your pleasure) behind door A and a Trezor with 4,150 btc behind door B.   The btc will likely be worth more than 120 million next month and quite possibly 300+ million in a few years.... but I would bet that very few people here would choose door B.    

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December 17, 2017, 05:48:16 AM
 #1516

My daughter is 2 yrs old, I want to save bitcoins for her but I don't know where to stored bitcoin and it is totally safe. I am planning to buy trezor or nano ledger but I have a doubt if this device will last until my baby girl learn how crypto currency works.


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December 17, 2017, 05:50:11 AM
 #1517

I save bitcoin for my future children because, for things to cost and with the spend to school's attendants I can give them in a future i will save it for another things.
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December 17, 2017, 05:53:28 AM
 #1518

Exactly.   A newborn today... there is no idea what tech will be like in 20 years.   

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December 17, 2017, 06:03:30 AM
 #1519

Saving money is really worth the money. Because it is available to you when needed. If I'm you will save you bitcoins in a wallet that you hold your private key. Because this is the only key to unlocking it. Please print your private key details. In case your accident has been cleared, you have a copy of it.
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December 17, 2017, 06:15:14 AM
 #1520

we need to save in bitcoin for our children because we need to study for them as well as our colleagues and our other expenses for their needs.

In my opinion we need to be intouch with criptocurrency trends. So may be sometime BTC will be useless in 10 years and it will be necessary to be proactive.

I do not deny your statement of bitcoin becoming useless in 10 years or so but no once can think of happening this at the present time. So the best option is to save few btc for children future and in this course of time if you see btc losing value you can cash out and turn that bitcoin into USD or what ever currency is better at that moment.

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