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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
SportsbookBettor
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March 06, 2018, 03:17:05 PM
 #2461

It's a bright idea to save some of my earnings in bitcoin or altcoins for my future kids. As of now i have not married yet but when the time comes i think i could say to myself that i'm well prepared for my future kids because i saved bitcoins that will help them in their financial needs.


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siddu1
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March 06, 2018, 03:20:15 PM
 #2462

no,yet I have not started to saving bitcoin for my children.But in future I will save bitcoin for my children as bitcoin is the most valuable cryoptocurrency and they will be abple to survive in future through bitcoin.
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March 06, 2018, 03:54:39 PM
 #2463

There are lot of option where you can put your money to invest and make it grow. For long term investment you have the stock market, real state, bank, business corporation and many more. While for short term investment you have Bitcoin. Bitcoin offers a good profit in short period of time. if invest in these place you can assure a good future for you children.
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March 06, 2018, 05:37:06 PM
 #2464

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.
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March 06, 2018, 05:44:13 PM
 #2465

Every person in the world should be well secured not for the future but also in our everyday life. It is really good to save BTC that turn into money for our children until we can and keep it safe. So when the times comes, u will give all the details to your children and let them use it wisely. We only live once and an opportunity of earning should be well taking care of. We do whatever it takes for our children.
BingoDog
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March 06, 2018, 05:52:28 PM
 #2466

Saving money for children is noble idea, everyone wants for the children to be secured.
Still saving bitcoin and keeping all the funds in the bitcoin maybe isn't the best choice. Bitcoin is highly volatile and it could equaly gain and lose the value. And no one can't tell now how the price is going to be in 10, 20 or more years time.
I would collect bitcoin and from time to time when the price is high exchange it to fiat and then save the fiat money and only smaller part would keep in bitcoin.

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March 06, 2018, 07:10:35 PM
 #2467

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.


its brilliant idea to keep it for the future of my kids....some of my investing in bitcoin is i save to bank because if i kept it in my wallet its not good because sometimes the value of bitcoin is highly volatile and not equaly gain....so for me i rather choice to collect my investment in bitcoin time to time and i'll be the one to kept it for the future of my kids,not only for them but all of us....
Danielavgonz
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March 06, 2018, 07:30:39 PM
 #2468

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

I think it would not be safe for them
GardenChristian
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March 06, 2018, 07:34:12 PM
 #2469

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 it's a good idea. Bitcoin is a great investment, and when your kids grow up, it's going to be a lot of money. The idea that bitcoin has risen in value over time is a great idea.
bpt1310
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March 06, 2018, 07:41:59 PM
 #2470

Send some bitcoin to a paper wallet.  Put the paper wallet in a safe (or lock box) for your kids.

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Portgas ace
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March 06, 2018, 07:58:48 PM
 #2471

Saving bitcoin for our children in the future is a good idea, we need to teach bitcoin to our children so that our children know if there is any other kind of money other than cash that is Crypto money, and it is necessary for our children not to be out of date. I saved a bitcoin for my child and I kept it in a secret place, knowing it was just my child and myself, I kept the bitcoin so that bitcoun would be useful for my child.

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March 06, 2018, 08:35:25 PM
 #2472

I think saving Bitcoin for your children is great, you are just making sure that their future will be good no matter what. Although compared to other investments and properties that you can pass down to them, i think we need a special action for their Bitcoin, I suggest to have a hardware wallet, that you can put on a safety/security box, with all the necessary details that will make them access your Bitcoins in the future.

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IlbiStarz
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March 06, 2018, 08:46:00 PM
 #2473

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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March 06, 2018, 08:51:44 PM
 #2474

Saving bitcoins or our children is a promising thing for the future of the kids because they won't be able to buy bitcoin in the future. The price will go up significantly eventually and they won't have the money to buy bitcoin.
chrsjrcj
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March 06, 2018, 08:57:53 PM
 #2475

Its a good decision have a saving for our children like bitcoin and for me ill create a wallet and put some amount. And i think this is a good idea for now.  To have a savings for my children's.
miyong
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March 06, 2018, 09:01:45 PM
 #2476

When i already have my own family,  i will also teach my wife about this and to my children.  I will also save btc for my children for them to have a good income and future when they can handle it.

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March 06, 2018, 09:06:08 PM
 #2477

Bitcoin is good to save for our family or for our children because bitcoin has a high value and it will continue to rises up in the future that's why it is good to save it for your children.
bitcoinbot
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March 06, 2018, 09:11:36 PM
 #2478

Yep, im also thinking about it. Why not turn your bitcoin into cash and secure it real in the banks or buy an educational insurance or time deposite your money for your children? I think that would also be good and a surer one than storing bitcoin for them. We dont know where will be bitcoins tomorrow in the line.
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March 06, 2018, 09:23:56 PM
 #2479

Saving Bitcoin for my children is exposeng it to them at early age to adopt them so they can do cryptocurrency easily at the right time,because they already familiarized the site and it is not hard for them to be learn at there right age.
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March 06, 2018, 10:00:07 PM
 #2480

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.
what is the meaning of what you say?
do you keep a paper purse and only you and others know?
who else do you mean? is everyone or someone closest to you? your statement makes me confused  Huh  Roll Eyes
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