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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
NathanEthan5
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March 02, 2018, 07:49:34 AM
 #2441

I think bitcoin is actually using it to help in our daily lives. I hope you have a good introduction about bitcoin to your kids so they can easily access it as well,I think the best way do is 50% percentage save to bitcoin wallet and the half of it save to banks so no matter happens you are sure that is safe and will give it someday to your children.
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Lewis6789
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March 02, 2018, 07:50:44 AM
 #2442

I do the same thing as you. I started to save a small part of my bitcoin with a hope in the future my children will be able to use it to cover their needs.I will save bitcoin for their health education any many more thing.
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March 02, 2018, 07:51:24 AM
 #2443

Well I myself have started to prepare a bit of assets for them. I'm afraid when later they will abuse and more than that what I worry about is if the bitcoin kedco not sell

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March 02, 2018, 07:51:49 AM
 #2444

I do not care about my children's future because their future is very bright thanks to our bitcoin incomes. My bitcoins are enough to help them to create very luxurious lifestyle.I'm not against with your decision but no one is sure of what is the future of bitcoin.
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March 02, 2018, 07:53:28 AM
 #2445

I would like to suggest you that don’t change bitcoin into fiat and keep carryon bitcoin business and not handing over this to your children till they don’t understand bitcoin completely because bitcoin is not only a currency,I need to save money because I like saving because I can't predict what would future bring. In order for me to feel better saving is the best way to complete the sense of satisfaction in life.
OllieOllielolo9
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March 02, 2018, 07:54:24 AM
 #2446

They will earn it by themselves if they are good educated.The only problem is how will you gonna hide those keys and never gonna forget it. I have no idea right now, but i do keep it on my flash drive.
Gusbaaa
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March 02, 2018, 07:59:24 AM
 #2447

Every parent who becomes bitcoin really thinks about it. I want my children and their future families to have a rich life and I do not want to see them arguing over money so I will save a lot of liquor even I have no children because family is the most important thing in the world.
vanslyien
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March 02, 2018, 07:59:50 AM
 #2448

Saving is a financial preparation for what you plan ahead, it is also a back up case something goes beyond what you expect. Saving Bitcoins for your children is good. On the part wherein, password or other means of access may lost, in terms of technicality we always find a solution in every problem. It is human nature to solve the puzzle thus for me it is minor issue. Posting different example here is a risk because you give an idea to others how it can be located but if you put in another angle, it is called suggestions.
Schultz88
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March 02, 2018, 08:21:13 AM
 #2449

That is a great idea, buy when the price is low then buy more when we got money. Safe them in deposit box and keep them until our children grown up, it could be a treasure for them.

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March 02, 2018, 08:31:25 AM
 #2450

While I don't technically have saving of Bitcoin set aside for my children I am actively working myself toward a greater number of Bitcoin. Once I reach said goal one day hopefully I can pass it onto children, or nieces and nephews but there is time for this yet.

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genset88
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March 02, 2018, 10:51:18 AM
 #2451

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.
Nowadays, many people think that Bitcoin is a substantial development platform and that Bitcoin preparation for the future is a must, but I think the future is too far ahead to be prepared, If a Bitcoin or Crypto day ends, it will all become dust
coinstalker23
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March 06, 2018, 01:40:19 PM
 #2452

I definitely think that saving bitcoin or fiat for your childrens future is a very good decision. You should teach someone in your family what bitcoin is and tell him or give him your private key(you should just give it to your most trusted people in the family) in case of emergency.
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March 06, 2018, 01:49:50 PM
 #2453

I do not care about my son's future because him future is very good education. I'm not against with your decision but no one is sure of what is the future of bitcoin.
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March 06, 2018, 01:54:56 PM
 #2454

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.

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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
not sure if you ever heard of physical bitcoin. maybe you can use that and save it there instead
why? if a person is not knowledgeable on how to access bitcoin wallet, 2fa etc. then it's not worth it
if you wanna save it on a wallet from site then maybe teach your kids how to open it and educate them about bitcoin Smiley

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March 06, 2018, 02:53:24 PM
 #2455

I believe paper money savings are better for the next generation due to the unexpected bitcoin ups and downs. You never know, when the market can crash, whether it can become stronger.
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March 06, 2018, 02:55:58 PM
 #2456

I am not married yet, but I will definitely save bitcoin for my family especially for my children, if bitcoin really succeeds, my kids will never need to work at anything they don't want to
nicko122
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March 06, 2018, 02:59:23 PM
 #2457

I believe that investing in bitcoins and giving some of them to your children is a good idea. For the future, when the cryptocurrencies will become a daily currency, it is very useful to the next generation, as a small deposit in case of emergency or the ability to invest some of the coins into something else.

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March 06, 2018, 03:06:38 PM
 #2458

I am not married yet, but I will definitely save bitcoin for my family especially for my children, if bitcoin really succeeds, my kids will never need to work at anything they don't want to

Me either but I am planning to save some bitcoin for the future of my family especially to my future children.  I wanted to give them the best things life can offer.  I am starting to save bitcoin and if I save now, it would become bigger.  Then its price would likewise goes up.  It would be a very good plan to start with.
BitcoinLoan
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March 06, 2018, 03:07:50 PM
 #2459

I do not care about my son's future because him future is very good education. I'm not against with your decision but no one is sure of what is the future of bitcoin.
Saving money when preparing for a baby is important, but there are several financial vehicles that would make a child’s life easier.These are long-term goals and time is on your side for saving Bitcoins for your children.
Kambal2000
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March 06, 2018, 03:13:27 PM
 #2460

Indeed a good idea and Yes this can be proved very helpful. Bitcoin is the most promising currency ever and is providing good chances for earning money. It is quick and easy and do not require any conditions, all just needed is to believe in yourself, make investment and be patient for the profit. When you get your profit either reinvest it to make some property of it for your children. 
Since I don't have yet children, I am now planning to have more savings for my father first so I can give him a bright future as a payback for his sacrifice for being the bread winner of the family so I am so thankful for having him as my father and he deserves to have a good future which I will give to him.
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