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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
rosalyn07
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January 21, 2018, 06:18:30 PM
 #2061

Well its a good idea that saving bitcoin for our children. Me too im saving bitcoin for my daughter. Every payment that i receive from signature campaign i always kept and invest it for her future because i want her to become successful.
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January 21, 2018, 06:54:02 PM
 #2062

This is one of my main goals in bitcoin-activity - to provide a decent future for my family, children. I think by that time bitcoin will cost much more than now.

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January 21, 2018, 07:04:37 PM
 #2063

we all know one day we will not be able to earn bitcoins anymore, and all the money we can earn will be used to take care for ourselves and our family. I can also have some savings for him for his better future because of bitcoin and the results of that effort will I give to my children.

Savings is an important thing for all people in the world and saving for your children is very important . If you want to save your money you need an wallet and after these process you will need to tell your wallet details and password for your children it will very helpful for them to live happily without sad and tension in their future in good environment .

BitAngelTW
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January 21, 2018, 07:40:09 PM
 #2064

I will not be abducting anything and maybe if everything is okay I'll just leave a note for them with further actions to get bitcoins
FaQBoys
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January 21, 2018, 07:42:51 PM
 #2065

I most likely leave a note in the bank cell or something like that
Or I use a family safe, even access to it is not for all family members
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January 21, 2018, 07:47:08 PM
 #2066

The idea is very good, I thought about it for a long time
Most likely I'll leave them a small amount of bitcoins, even if they fall because it is not known what will happen in the future
And so I have already prepared for complex and emergency situations
Dzernej
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January 21, 2018, 07:51:19 PM
 #2067

I would say that this is really smart decision but I also think it is very risky. If you can afford and risk some amount for also years later I think that is a good choice. 
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January 21, 2018, 08:06:56 PM
 #2068

saving bitcoin for my children  will be very smart decision I think.Because it's value will increase in future.As it's acceptability are increasing day by day amonth the peoples, it's demand also will increase. then may be it will be most valuable currency more than now.so it will be perfect decision if I invest now in btc at low price for my children.may be in future  it will help them to recover their financial crisis. 
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January 21, 2018, 08:14:09 PM
 #2069

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 am not married so it is very distant to give Bitcoin to the descendants, it seems to me that for the future, now I want to get more Bitcoins, and I hope that this will happen. in 2018
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January 21, 2018, 08:38:33 PM
 #2070


If there is a need to store a large amount of crypto currency, you can not think of anything better than cold storage. Cold storage involves physical access to the information medium, so as to protect it from any attempts to access via the Internet. For my children I will try to keep the bitcoins as much as possible
cryptodreem
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January 21, 2018, 08:43:08 PM
 #2071

Everyone want to make money for their children..i am also planing about about it ..for that i am just invest my BTC for my child..i want to hold it for long time,that can help my child study.
Trivelius
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January 21, 2018, 09:00:43 PM
 #2072

The idea is very good, I thought about it for a long time
Most likely I'll leave them a small amount of bitcoins, even if they fall because it is not known what will happen in the future
And so I have already prepared for complex and emergency situations
To me i think that if a perosn will save bitcoin in current time for their children future no doub that his children will get a very goo dprofit from it because bitcoin pric ewill contineu increasing for a long long time. I think if a person will buy 5 bitcoin in current price hts price will worth than 500$ in next

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Wolf of Btrex
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January 21, 2018, 09:56:49 PM
 #2073

I don't have a child for now, but I'm already married for almost 6 months. I'm planning also to save more bitcoin for the future of my family. I'm trying to invest it to make it grow so fast.
Matteo.b
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January 23, 2018, 01:15:51 PM
 #2074

Ofcourse yes because i have four children an i want to earn money her in bitcoin and saving for there future of my children and i want to save for the education for my kids

Shishir99
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January 23, 2018, 01:16:15 PM
 #2075

It is very good thing to do something for your children.
But keeping huge money in bitcoin for long time could be risky.
Because everyday we are seeing problem and controversies in cryptocurrency world.
No one knows the future of cryptocurrency.
But being positive i will say it will be very good.

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January 23, 2018, 01:39:35 PM
 #2076

Storing BTC for children is a visionary idea.
This can take longer to hold BTC, so BTC also has risks, but BTC still has potential in the future. When the children grow up, maybe the value of BTC can help them to solve their financial pressure!

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January 23, 2018, 01:43:35 PM
 #2077

The idea is very good, I thought about it for a long time
Most likely I'll leave them a small amount of bitcoins, even if they fall because it is not known what will happen in the future
And so I have already prepared for complex and emergency situations

I will probably do the same. I'll prepare a portfolio which has little bitcoin and little alt coins. If one of those alt coin survive and grows then they will be happy otherwise I will try to leave them some stocks and maybe house if I can.

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January 23, 2018, 01:50:01 PM
 #2078

I just keep them all with my other investments, and set aside some digital asset money for them.  I look at the prospect of owning a high-value digital asset in 10 years versus gifting them a bitcoin.  But yes, I'm using a Ledger Nano S with the associated paper wallet in order to keep everything safe. 

That beign said, if you're holding coins and they get to the point of covering a college education, per say, then it could make sense to take some money off the table and put that into the college fund, and save the remaining "coin" portion as the cool gift to them. 

Like, don't just hang on to 10 bitcoins if they're worth $100k each, maybe sell 1-2 and guarantee that they can go to any school they want for free, including room and board. 

To me that is cooler than giving them a coin.
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January 23, 2018, 01:50:39 PM
 #2079

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 think it's a good idea to leave bitcoin for children. It's like a stick of two ends, on the one hand, perhaps you are right, and if you postpone bitcoins for children, they will be very rich, and on the other hand, with time, bitcoin will be replaced by something else, and again everything will go round, and bitcoin will lose volatility.
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January 23, 2018, 01:56:50 PM
 #2080

Well If your BItcoin IS really that High in numbers I suggest leave your password to some safe keep or leave it to your last will. Because who would benefit from your hard earned BItcoin if you just bring it down to your grave. GIve it to your children, Share it equally to your family, before you die teach them the basics and start their own account to transfer it. Be a responsible father/Mother, for your children are your treasure more than anything.

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