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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
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December 17, 2017, 09:42:31 PM
 #1541

If for the sake of children, it would be better if we save bitcoin that has become money through exchange services. Why? Because there are still not many payment facilities that use bitcoin, so if we are pressed need money for the needs of children then do not have to bother to do the exchange first.



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December 17, 2017, 09:50:00 PM
 #1542

great idea!..mine too hold it for the future...im still young and i have many needed in my life that's why im holding it ..when time has come i will buy it  house and lot , car , for wedding , business and for my future son and daughter...
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December 17, 2017, 09:51:33 PM
 #1543

I have just a small section of coins somewhere that will one day be for my children unless of course I really need it or it grows way more than my expectations. I have a paper wallet and I have given the private key to a trusted family member as well as keeping a copy my self. It's a great way to save for your children and hopefully provide for them a better future at a low cost right now.

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December 17, 2017, 09:53:06 PM
 #1544

Saving Bitcoin for your children or your future is a good idea. Nobody knows what Bitcoin will bring us up ahead but definitely it will cost us nothing if Bitcoin will become less valued currency but for sure the future of blockchain technology is brighter so this idea is better than doing nothing or spending money into vices and anything that has no value for our future.
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December 17, 2017, 10:01:19 PM
 #1545

Nobody know if its a good opportunity for next generation... Bitcoin is too young to know if it will be part of our heritage.
Bitcoin having so high value will be a precious gift to the children and your children will surely praise you so that you can feel proud and this will allow your children to move freely in future because they don’t have any financial issue as well and as bitcoin is now going more up and surely when my children will be grown up then the price will be in millions and It will be very pleasing for them that they are having a great asset.
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December 17, 2017, 10:07:34 PM
 #1546

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

this one always my plan for famaily if put at least thousands dollar each year for each children that you have , in 20 year they will benefit in big big way because of this one
this is only thing for me that i care about and because my thoughts is like this i never think about selling our doing nonsene day trade with bitcoin , please you ppls must read acre of diamond story and you see that thing like bitcoin happen very rare in history
this is perfect thing to build for famaily
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December 17, 2017, 10:11:40 PM
 #1547

My question is where you will store your hard earn earnings? trezzor? ledger nano? how secure is that?

is there any concrete news that bitcoin will not be overthroned by other coins like waves or eth?

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December 17, 2017, 11:20:58 PM
 #1548

Bitcoin like most other crypto currencies are very volatile and carry no yield unless you lend them using P2P lending services. Which means you'd be relying on capital growth though the increase in value of Bitcoin to grow your investment. I believe that Bitcoin still has much potential but so do many of the new crypto currencies most of which have been built from the ground up to deal with the shortcomings of Bitcoin. If you're looking to invest in crypto currencies you may be safer off investing in a portfolio that consists of Bitcoin, Ethereum and Litecoin.
Having a diversified portfolio is key, if for some reason one of the coins in which you invested fail then you do not lose everything and you may be able to offset the losses of that coin with the profits of the rest of your coins, and at the same time your overall profits are going to be even better.



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December 17, 2017, 11:40:35 PM
 #1549

If you’re starting to think about your child’s education and how you’re going to fund it, you may want to consider putting a regular savings plan in place. This means saving a sum of money on a regular basis like your earnings through bitcoin and putting it into an account that earns interest. You’ll also be able to take advantage of compound interest, so you earn interest on any interest already earned.
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December 17, 2017, 11:42:30 PM
 #1550

The idea is truly good, saving for your child is tge nicest decision. I will also do the same thing if i also fave a family.

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December 17, 2017, 11:49:17 PM
 #1551

I think this is ideal. All parents want the best for their children. That is why parents are working so hard so that they can provide a better future for their kids. And by doing Bitcoin, this future can be achieved due to its high value.

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December 17, 2017, 11:59:16 PM
 #1552

Yes I do actually save my bitcoin for my child especially now the bitcoin value is growing now, when I trade bitcoin I really use for my kid especially their school tuition costs really I can use bitcoin saving for my child.
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December 18, 2017, 12:21:57 AM
 #1553

Maybe at that time Bitcoin price will be 50k$ or 100k$ so the amount of Bitcoin we spend for our children will become very huge
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December 18, 2017, 01:04:51 AM
 #1554

Saving bitcoins for your children is a good move. But remember that you must not give excessive importance to this. Why? The child should also have the opportunity to make his future. You may save bitcoins with the purpose of education and health care. Certainly to make your children rich is a far fetched idea.

The best way is to educate children on cryptocurrency - You must teach. That's  the way. The way children are taught to put money in the kitty bank. The way they are asked to open up bank accounts and make small savings/transactions, the same way they have to be taught the bitcoin transactions and saving. It is enough to know that much as a child. Once the child is ready to understand trading then certainly the digital market and cryptocurrency ecosystem can be explained along with day trading etc. I guess with the evolution of cryptocurrency down the line, doing business would become a basic knowledge of most people just as using a computer has become prevalent not being the privilege of a learned few.

Knowledge, education, responsibility and wealth. That's the order of progression. Nobody knows what future holds for us. It is good to plan and invest in bitcoins along with other modes of investment. But we must remember always that investment in education should be first priority.
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December 18, 2017, 01:53:49 AM
 #1555

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


Saving your bitcoins,for the future of your siblings is a great investment,but for as know its not been implemented to used this kind of program in digital currency for  the benefits of your children future or to give them security of there studies by putting them bitcoin wallet for there future needs,maybe soon the other platform exchange or the group of digital currency  itself make's this program for the seek of our siblings.

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December 18, 2017, 02:04:07 AM
 #1556

In my opinion is its the best way for saving your btc for children . . Its worth rather than fixed deposit . Couse fixed deposit has fixed interest.but btc rising up day on day . So everyone ineterested on it . In now days you buy btc and save it for your children it will be the best thing you do for your chilldrens
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December 18, 2017, 02:06:52 AM
 #1557

I think it's a great idea, save bitcoin for children hat we should save bitcoin or other cryotocurrencies for our children, I guess its safe if you would let some one you trust know your addresses or your account files And Teach them while they are children that bitcoin will be the future of money and investments And also in able to avoid problems such as financial problems.
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December 18, 2017, 02:13:44 AM
 #1558

This is a great idea thank you for sharing. I will do this also for the future of my family.
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December 18, 2017, 06:57:07 AM
 #1559

Well, it's going to part of your goals if your planning a bright future for your children or when you have one. I want them not to envy others for what they have so I'll be doing this for them and also an inspiration.

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December 18, 2017, 12:56:46 PM
 #1560

Keeping other physical asset for your children is very easy but storing bitcoin for your children is very risky because the wallet may be hacked before your children grow to maturity so it needs a high level of security consciousness.
I agree, you need to checked it everytime and be aware on what is happening on it. But it is also a good idea to store your money in bitcoin but make sure that the wallet that you are using was safe and has a back up to recover it when something happen Wrong. Still do storing in bank for a much sader for your children.
Yes dear that is true but only in that case if your children grows and become more mature with passage of time and bit coin remains the same. If no one can hack bitcoin now do you think that it will be hacked when it network will grow and it will become more mature and its implementation became more strong than that`s of it now. I think you need to rethink about it.
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