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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
johnpaul12
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December 22, 2017, 01:34:12 AM
 #1661

It's very good decision in saving bitcoins for our children or for our future. especially when we are getting old. We could save a lot of bitcoins. If we wouldn't waste it for nothing. We can turn our bitcoins to paper money for the future.
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Pintasak
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December 22, 2017, 01:54:52 AM
 #1662

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
Yes its good investing and saving it for our children and for there future.Everything they might need can surely provide them.                       

spiderm4n15
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December 22, 2017, 01:59:50 AM
 #1663

if you invest to your children dont invest in bitcoin or crypto's
because the price of crypto's is fluctuate, be better invest in stock or deposit
prieaji
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December 22, 2017, 02:47:36 AM
 #1664

never give children too much money so they can use money well, want to raise them in a way that teaches them to work well and intelligently. Therefore I am not saving BTC for my children. with little allowance can give them their own safe surroundings.

imasiranda
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December 22, 2017, 03:49:24 AM
 #1665

Yes sure actually I am really doing it, spending 50$ month buying bitcoin for saving purposes. when my daughter will be 18 years old  she sure Will be rich  Smiley
KrisAlex18
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December 22, 2017, 04:07:00 AM
 #1666

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 also want to find out about this matter because this is important considering the fact that you can die anytime and the wealth you have collected should go to your children if ever. It would really be a great thing if ever someone has made a way on how some of your children can access your earning so that they can use it in supporting their daily needs. In my case, I am working hard because I know time will come where I'll have my own children and we'll need financial support.

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December 22, 2017, 04:10:30 AM
 #1667

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
Time will come where we'll leave this world behind and all of our existing properties is needed to be handled by our close relatives or our children. Bitcoin I think hasn't solved this matter yet and it would really be a great thing if ever things changes and managed. It would be a great thing if all the hard works and efforts you've spent in your life will be paid even after living.

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TechBullion
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December 22, 2017, 04:38:05 AM
 #1668

[The idea is good. I think In order to minimize risk 1 BTC is okay. The rest should be saved in FIAT currency.

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GalahadSeika
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December 22, 2017, 07:03:27 AM
 #1669

This is a very intriguing idea you got here investing for his/her children is what good parents will think right away but combining it with bitcoin its just wow. I could careless what if me and my wife do that too and our children will benefit for it. However if I am gonna do what you are planning to do maybe I'll leave a letter for them or video and instructions on how to reach my state so that they could continue my legacy of bitconing.
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December 22, 2017, 07:07:47 AM
 #1670

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'm still a kid myself, If I success in the crypto world definitely willing to hold some for them.
haster100
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December 22, 2017, 07:21:48 AM
 #1671

It depends on how old you are. Probably, if you take care of 1 bitcoin for your children and think that it will be in 10 years, perhaps it will bring you a lot of money.
ClumsySmile45
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December 22, 2017, 07:24:22 AM
 #1672

There is uncertainty in bitcoin. If you are going to save something for your children it better not be bitcoin. I think, with your bitcoin buy gold or any physical investment. That way you're sure there is a good future for them.
wail3Bahwu
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December 22, 2017, 11:02:32 AM
 #1673

not good you can start real investment with 16,000$ and make good real investment better than just hold your money and keep it.

if you have no time it is good

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December 22, 2017, 12:01:29 PM
 #1674

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.

I don’t think that Bitcoin stay the same for a long period of time. Within the time this currency will be transformed maybe legalized, controlled by somebodies and I even couldn’t imagine what will be with the price.

Rosilito
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December 22, 2017, 12:09:22 PM
 #1675

This probably a good idea that everyone needs to think. But if I were the person I shoud think for the future of us as a whole family because this thoughts of mine will ensure each member of the family. But is also a good idea. But lets talk about first the thoughts of mine, when we save bitcoin for a family in the future it simply saves each of everyone who are part of the family even the pets will be included we cannot assured the kids alone because emergency strikes everything. But when we consider it will be probably be getting low since the money will be divided to each member but when the kids alone it will be pretty much higher.

samputin
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December 22, 2017, 12:55:59 PM
 #1676

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 do not yet have my own family I am still on my parent’s side. But at this age I am already saving money and of course bitcoin. Why? Because I want to help my family and I also want to secure my future.
My parents know that I already have money because of bitcoin and they also know that I have saved bitcoin but they do not how to get it on their own. I do not give them the addresses, usernames, and passwords but I have one person who trust the most. I gave him all the details. Aside from that I saved the details in a word document. The word document is in my laptop and for back up I also put it in my phone.

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December 22, 2017, 12:59:36 PM
 #1677

that's a good idea. bitcoin will certainly skyrocket!
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December 22, 2017, 01:01:21 PM
 #1678

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 bitcoin for future is a good thing that everyone must do. Because if you have an enough saving you dont need to worry about your future and your future family.

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December 22, 2017, 06:24:05 PM
 #1679

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.

I don’t think that Bitcoin stay the same for a long period of time. Within the time this currency will be transformed maybe legalized, controlled by somebodies and I even couldn’t imagine what will be with the price.
Bitcoin will remain for a long long time. i think it will stay for more than century, therefore i think holding bitcoin for your children is a good idea, at least they will get a good amount of money after some time. Therefore i think it will be profit good and a wise decision if you will hold your bitcoin for some years, because bitcoin price is expected to continue increasing for a long long time.
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December 22, 2017, 06:36:10 PM
 #1680

I think it is the best way to do. Saving bitcoins for the sake of the future of your children is the best thing that you should consider.
Through this you are rest assured that someday the future of your children is secure wherein he or she can achieve all dreams in life no matter how hard it is.

Saving bitcoins for your children is a smart idea but how? It's expensive and accumulating bitcoins is hard thing with the security concerns. I don't know what do do. It's hard. If you can do, go ahead for this.
Just buy bitcoin whenever you can, if you think that bitcoin is too expensive then start saving other coins that are cheaper, people are now concentrating a lot on the more expensive coins but ETH a few years ago was really cheap, make an effort to find the next ETH and invest heavily on it you may lose money but if your choice is right you could become a millionaire.
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