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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
DyllanGM
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December 29, 2017, 07:09:14 AM
 #1761

I tried this,   but i was tempted to withdraw to buy other altcoins that was hot that time.

Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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December 29, 2017, 07:11:26 AM
 #1762

This thread was very helpful.... Thanks
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December 29, 2017, 07:17:32 AM
 #1763

its good but unless your government didn't put your country exchanger under anti money laundering so that to monitor the transaction better forget it!!!!like what happen to malaysia now!!
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December 29, 2017, 07:22:00 AM
 #1764

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

That's a amusing idea. At 2012 Bitcoin price was $300 now after 6 years its price going to $14000. If I buy some of  my children after 15 or 20 years hope its amusing price. I will try to apply this idea at my own life. Thank you so much for thinking this type of brilliant  idea.
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December 29, 2017, 08:26:35 AM
 #1765

Maybe I'll give them my bitcoin to my kids if I'm older, but if I'm not old enough then I give them bitcoin so they can invest and teach how to use bitcoin, I'll teach them if how to do and use.
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December 29, 2017, 05:14:35 PM
 #1766

I think the greatest asset now is to make bitcoin and save it for your children, because it have more advantage over banking money for your children, it can increase within a blink of an eye. Just image someone that bought bitcoin in2008 and store it for his children, how will you classify that investment.
I think it’s a very good idea to start saving for our children’s because bitcoin is very good for future as well as we know that now a days everything is going very expansive so in coming time education is also going to be expansive so we need to save bitcoins for coming time when these children’s become young so we can use it on their education and also they can use it in their future so bitcoin is all in one join bitcoin and save your future.

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December 29, 2017, 05:21:34 PM
 #1767

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.
Not at all.  Bitcoin is virtual online currency 💱 and it is a simply digit. So i converted Bitcoin as local money and save money in nearby bank for my children.

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December 31, 2017, 11:21:20 AM
 #1768

Saving something is great to be ready in all circumstances may happen in life.
I think having a bitcoin which is allotted for the future of your children is a great things since raising a child needs a huge financial support; in order to provide all necessary things such as food, shelter and excellent education.
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December 31, 2017, 11:48:22 AM
 #1769

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 if your child is immature, it's better not to be told about bitcoin, but just tell your wife. Later if your child is old and can understand about bitcoin then you can tell your child about the bitcoin you have, so if there is a sudden thing you need for your child then you use bitcoin.

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January 02, 2018, 06:05:31 PM
 #1770

I want to earn bitcoin and save it for the study of my kids and also for thier future. As of now, I don't have any earnings in btc because it's my very first time joining in a signature campaign. I want then to become open-minded about bitcoin world.I want to share them my knowledge about it so that when the time comes, they can use it as a source of income even if they are just a student.
Saving BTC for my children in a safe wallet can be a very big help to finish their studies and by means of that they will become successful.
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January 03, 2018, 01:41:32 AM
 #1771

Indeed saving bitcoins for your children is a very good idea indeed and not just for your children but for yourself also, our future is uncertain so you better had a plan ahead of you, a plan which can help you in difficult times. Saving bitcoins is a wise plan especially if you have save a lot of bitcoins in early days because I'm sure bitcoin will be there to help you. So save bitcoins now while it's still early for you and while you're still strong.
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January 03, 2018, 01:44:34 AM
 #1772

It is like saying , I am saving money for my children. Don't do that, invest and create a future for your children. Not just by saving.
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January 03, 2018, 02:04:06 AM
 #1773

Bitcoin change my life , it made me the breadwinner of our family but before i started this one of my biggest goal is to earn & save for my son which is 2 years old now . Bitcoin made me save a lot from earnings into different platforms and by holding bitcoin since it always pump , and i get profits and save it to my wife's bank for the future of our baby boy . Bitcoin gives me an opportunity to buy things for my baby like toys , clothes , vitamins , medical checkups and money that was saved for his school in the future . Bitcoin helped me a lot by giving my family their basic needs we are financially stable we can eat 3x a day or more , we can go whenever we want , we can buy things we wanted  but most of all it gave me a bank for my baby . He is ready for his school . Thanks bitcoin

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January 03, 2018, 02:12:26 AM
 #1774

it may be because you can also make it an additional income that will help the future of your children or relatives that you are only expected to help with daily home expenses.
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January 03, 2018, 02:44:12 AM
 #1775

Nice, planning for future is very exponential. It is not only our children but we must start from ouraelf then it flow to our children. Let ur children know it and also understand it because bitcoun future is bright
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January 03, 2018, 02:52:38 AM
 #1776

keeping bitcoin for the future is a nice idea for all of us but in my own openion i rather to keep some of my money in the bank because bitcoin price is not stable.
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January 03, 2018, 02:54:48 AM
 #1777

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 if your child is immature, it's better not to be told about bitcoin, but just tell your wife. Later if your child is old and can understand about bitcoin then you can tell your child about the bitcoin you have, so if there is a sudden thing you need for your child then you use bitcoin.
I agree with you. do not tell Bitcoin to our children because if the child knows Bitcoin and understand how to get money then I think the child will not focus again to learn but they tend to make money

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January 03, 2018, 03:16:31 AM
 #1778

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
Try storing these datum into a hard drive or cold storage and then place them in a vault. It is the most safest way for you to give to your children their part of your coins.
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January 03, 2018, 04:58:43 AM
 #1779

I'm saving my half of my bitcoin everymonth for my childrens . because 10  years from now they will be attending colleges and I want them to go to college so investing in btc is one of my options since the prediction for the price 5 years from now could reach as much as $25000. that's a huge value so I already told them about btc and how it works.
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January 03, 2018, 05:26:50 AM
 #1780

Indeed saving bitcoins for your children is a very good idea indeed and not just for your children but for yourself also, our future is uncertain so you better had a plan ahead of you, a plan which can help you in difficult times. Saving bitcoins is a wise plan especially if you have save a lot of bitcoins in early days because I'm sure bitcoin will be there to help you. So save bitcoins now while it's still early for you and while you're still strong.
Generally,  parents wish to save money, property for their kids now it's a different trend instead of those can save cryptocurrency for the future of their children, by bitcoin they can invest more in the digital currencies or by selling the coins they can make money.

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