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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
Pasadoble
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January 31, 2018, 09:11:52 AM
 #2141

I think it is too long term investment, you should follow tendencies and prices and then make decision.
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Bdstar
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January 31, 2018, 09:23:42 AM
 #2142

Yes, Bitcoin saving would be the best future policy for your next generation. I think today's investment will bring a lot of opportunity in the future. So today's Bitcoin will be the worth investment in the future time. Not only that but also Bitcoin should be the best choice for the retirement life. It's true that after 20 years from today Bitcoin will be worth more than a million so that it will be the most valuable investment.

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ross09
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January 31, 2018, 09:27:19 AM
 #2143

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.
I think that is a good idea for a much better future for our family and for bitcoin as well why? When we use bitcoin to save money our children will know what we did and in that they gonna have interest in starting bitcoin too when they get in their right age.
zhangfeng666
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January 31, 2018, 09:31:47 AM
 #2144

Yes, I think it's a good investment.
I recently bought a bitcoin for my son.
I intend to give him this bitcoin as an adult when he is an adult.
mochisamichi
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January 31, 2018, 09:43:14 AM
 #2145

This is simple and easy to do. It's what I'm doing for the grandkids. I have a different paper wallet for each of them, and every year I add $X-worth of bitcoin on their birthdays. That makes for nice dollar-cost averaging. And it leaves me in control of the funds, should something unexpected happen in the meantime.
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January 31, 2018, 09:43:35 AM
 #2146

I have planned that to save bitcoin for my children. I just try to save few coin from my earning. But I think it would be better to teach them to know them about the world of bitcoin. So I am trying to teach them I think that will more helpful than saving few.

PatyZante
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January 31, 2018, 10:39:40 AM
 #2147

I think it is a great idea to save Bitcoin for your children, we all know that Bitcoin will continue to grow and increase its value in the future. I suggest write the details and password on a notebook and keep it in a vault or safe box. It's also better if you let your wife know about it, am sure you trust enough to let her know.

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Mypanara19
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January 31, 2018, 12:21:50 PM
 #2148

Good idea, although bitcoin price is quite high already. 1 btc would cost half million in Philippine Peso. Lucky for those who have extra and excess money to spend for btc and for crypto investors because they can always have a hold anytime they want to. All they have to do is just buy and forget about it for few years. It will surely make the holder gain more than 10x fold.
CowboyKiller
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January 31, 2018, 07:05:25 PM
 #2149

Good idea, although bitcoin price is quite high already. 1 btc would cost half million in Philippine Peso. Lucky for those who have extra and excess money to spend for btc and for crypto investors because they can always have a hold anytime they want to. All they have to do is just buy and forget about it for few years. It will surely make the holder gain more than 10x fold.
Wow, it is very simple to become the rich or the poor Roll Eyes. You have to know the Bitcoin value can be worthless, no one fixed its value is always high like now. Do you think the whale are stupid? Of course, if Bitcoin can be interesting like Gold, its value can still high in next 10-20 years.
removebeforeflight
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January 31, 2018, 07:12:08 PM
 #2150

yes, its a perfect idea and I appreciate it. However be cautious in storing the wallet and the password. You can have a hard token instead and hand over to anyone to your kids in future. Always share information and knowledge about cryptocurrencies to your kids so that they would be aware of the benefits and future usage.
doblok
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January 31, 2018, 07:22:14 PM
 #2151

I think it's time we keep bitcoin as a savings for our children and for our children's education expenses in the future, because the cost of education is so great then we have to save and save bitcoin as, educational cost for our child later. Wink
icaica22
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February 01, 2018, 01:47:18 AM
 #2152

Keeping bitcoin for the next generation is a great idea that we do not know where bitcoin will be in the coming years, but if it stays on the same path as the bitcoin fraction will be worth a great deal.
yuyuchain
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February 01, 2018, 02:39:35 AM
 #2153

I have planned that to save bitcoin for my children. I just try to save few coin from my earning. But I think it would be better to teach them to know them about the world of bitcoin. So I am trying to teach them I think that will more helpful than saving few.
And I thought so too, saving some savings with bitcoin to prepare the children for development so that they can be worthy of the kids.
realjarley
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February 01, 2018, 02:43:45 AM
 #2154

Im using bitcoin to send money for my family at home. But also saving for myself. I appreciate your plan for your children.
lhea056
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February 01, 2018, 02:49:49 AM
 #2155

bitcoin is very important to me but before it my children are really important that is why i am focusing in bitcoin i need to save up more to gain profits and save income for our sons bank account so i can secure his future , i need to save for his education , basic needs for his future because  i don't want to be a useless father if i cant even make my son into school . i need to save up to feed him and give him his needs and also for his future insurances as well . I just want to prepare everything for him so it will not be a problem when time comes . thanks to bitcoin because i can give my sons needs and wants .

bololord
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February 01, 2018, 02:54:18 AM
 #2156

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
Good idea when it comes to saving money for the future. Children are most important ,specially  to their security when they grow old and for emergency purposes needed. Bitcoins helps each and everyone to be financially stable.
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February 01, 2018, 02:56:52 AM
 #2157

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 i had been doing this since last year. I do invest in bitcoin for my kid for her future. Investment in bitcoin is one of my way to be able to give my daughter a better and bright future specially for her studies and savings when she grows old.

nelmari
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February 01, 2018, 02:58:18 AM
 #2158

I am also doing the same thing, in fact I am saving bitcoin for my daughter and for her college. And I got to a point wherein I asked myself where to place all the information for my holdings and think of scribbling down the passwords and all that although it does take some time but at least it is very safe and no one could access it.
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February 01, 2018, 02:59:27 AM
 #2159

It's a good idea IMO as long as you were an early adopter OR if the amount you are investing is not a large percentage of your portfolio.

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February 01, 2018, 03:09:23 AM
 #2160

Now a great part of what I do is for my family, of course, when my children grow up to a certain age, I will tell him about the principles and knowledge of bitcoin, let him personally explore the mysteries of bitcoin .
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