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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
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December 20, 2017, 09:39:55 PM
 #1621

It is a good ideea, but in my opinion i will save an amount which i don't really need now or in the near future.

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December 20, 2017, 10:05:39 PM
 #1622

I do everything in the future of my children, I want them to not need anything and get a good education and I expect that bitcoin will help me in this
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December 20, 2017, 10:14:15 PM
 #1623

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

I think some corganization are already springing up with cryptocurrency investment. bitcoin is an digital money and all investment and transaction one with it are done online, your login details is your only proof of ownership.

Having a monthly bitcoin savings for your children is not the issue but considering the fact that economy also determine the future of bitcoin in the market, its indeed a geat investment if bitcoin continues on the trend it going but you need to prepare for unforeseen circumstances that could make bitcoin if tomorrow turns otherwise, also you need to consier ther factors such as security of your
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December 20, 2017, 11:54:22 PM
 #1624

I really agree if I can save bitcoin for my child.
Because bitcoin can be used as a cost for the education of children in the future.
In addition, bitcoin can be a source of income for my family's living expenses Grin

Yes just save enough bitcoins every day, or every week or month. It does not matter how big or small it is. What important is we save bitcoin for our children so we won't have a hard time when needing funds if we want to pay something for our child and our family.

                           
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December 21, 2017, 01:16:26 AM
 #1625

I really agree if I can save bitcoin for my child.
Because bitcoin can be used as a cost for the education of children in the future.
In addition, bitcoin can be a source of income for my family's living expenses Grin

Yes just save enough bitcoins every day, or every week or month. It does not matter how big or small it is. What important is we save bitcoin for our children so we won't have a hard time when needing funds if we want to pay something for our child and our family.

I believe saving bitcoin will not just be helpful for the whole family needs and expense, instead saving bitcoin for children will mean that you are investing for bitcoins as inheritance. Imagine how easy it will be for your children in the future to easily acquire large number of bitcoin in times of its high price!


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December 21, 2017, 01:57:59 AM
 #1626

Many people think that bitcoin will always be profitable if we keep for a long time, I hope so too, but we must be realistic that it can not last forever so saving bitcoin for children I think is not right because we never know the future of bitcoin.

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December 21, 2017, 02:02:21 AM
 #1627

To save money for our child's future is one of the things that a parent should do. The advantage of earning bitcoin is that you can send coins to anyone who has a wallet. I created a wallet for my child savings.Every payout I make sure that I will save atleast 5% of my earnings.

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December 21, 2017, 02:18:07 AM
 #1628

save bitcoin for our child I think it's a good idea, good choice, we keep in paper wallet, after our child is adult we can tell him, bitcoin will be good to hold long term, so there is no harm to hold bitcoin for our child

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December 21, 2017, 02:24:09 AM
 #1629

My one reason joining in bitcoin is for my son.Since now he is baby I first save bitcoin for his future and when it comes he grow up i teach him about bitcoin.Bitcoin is big help for the education of my son not only that bitcoin can be a source of income for my family's living expenses.

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December 21, 2017, 03:33:19 AM
 #1630

I think that for our future generation we must make the endeavor to create their space in BTC. Till the point of time they are mature enough to venture into the world of Crypto-currency, transfer a certain percentage of every bitcoin we earn, by all ways and means, into their wallet. We also need to regularly monitor their savings as we do for ours. At the same time, we need to slowly infuse the hard earned knowledge gained from the BTC world into them. This will ensure that once they are mature, they will be ready to dive into the world of Crypto-currency and efficiently swim across the storms and waves of this ocean.
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December 21, 2017, 06:10:36 AM
 #1631

I think investing in bitcoin for the future of your children is great and wise decision that you make. Investing in the company of bitcoin helps you to secure all things regards to financial problem;
which they will guide you to achieve all your dreams and have a secured good life.
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December 21, 2017, 06:19:44 AM
 #1632

 Yes it is probably a very good idea for Bitcoiner around the world, because it is possible that Bitcoin will develop in the future and we also need to save or keep the balance we have for our savings later and I think it will not make us lose if we save with Bitcoin balance.
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December 21, 2017, 06:21:39 AM
 #1633

Keeping bitcoin for the next generation is a good idea we don't know where bitcoin will be in the coming years but if it stays on track with where it's going even fractions of a bitcoin will be worth a huge amount. Just remember to keep keys safe and have clear instructions on how to get it should anything happen to you unexpectedly.
Keep thinking about it over and over again. Yes, bitcoin may have a great value nowadays and using it in saving for your children's future is quite a risky way of saving because no one knows when it will end. If it keeps functioning while your children are growing maybe you can use it as an alternative bank for your saving or just to help you to provide your children needs but how long it will help you? Thats the question so i think you should think about it.

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December 21, 2017, 06:25:40 AM
 #1634

Never invest what you can't afford to lose.
Don't put so much in to hopefully make enough to pay for your children's education, that if the currency failed they missed out on an education.
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December 21, 2017, 06:33:28 AM
 #1635

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.
Your idea is awesome. We also need to think same to you. But one problem. If bitcoin price low down. Then we will fall to big loss. If bitcoin price increase. So we will be profitable.
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December 21, 2017, 06:55:27 AM
 #1636

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.
Please do tell me are you satisfy with your investment for your children??

Why not? It's the safest yet surest even though it's just a little but he said he deposited every month so after some years it surely be so valuable.
We will do anything for our family especially to our children just to give them the life that will most comfortable to them and that'll be a big relief to us. Seeing them smiling is the most precious than anything tangible.
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December 21, 2017, 07:10:02 AM
 #1637

I do prepare and invest bitcoin for the future of my family specially my children. I know btc could change our life.
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December 21, 2017, 07:14:09 AM
 #1638

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
[/quote
Saving for our children's future is a must that all parents must do. As for me, I choose to save bitcoins even there is no black and white paper or binding documents  certifying that I own bitcoin because I believe that no other place of investment can increases its value for 700% for only one year except bitcoin. I'm sure also that my daughter will be beneffitted with my bitcoins because my husband and I wrote our password in a white paper and my daughter knew about it and we kept on reminding her about it that she might use in the future.
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December 21, 2017, 07:21:20 AM
 #1639

I am saving for the future savings of my beloved child, so my child in the future already has a savings account of my income.
Because saving is a very good thing to guarantee life in the future ...
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December 21, 2017, 07:24:57 AM
 #1640

In saving bitcoin for your children it's all about seeds and passphrase. Bitcoin is virtual so you can only store it virtually,Paper wallet exist so which ever one you decide to use you will have to safeguard it yourself
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