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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
Joylee
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March 11, 2018, 07:55:27 AM
 #2521

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
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March 11, 2018, 08:04:23 AM
 #2522

That Nice  Smiley Saving for our children is a good ideas, mostly wen saving bitcoin for them is very necessary and it is good for their future usage Like for their educational aspect and other requirements, by saving for them it will help to reduce more expenses from the parents. now that we are in digital world the wallet address and private keys can be stored in PC or in written document.  Wink
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March 11, 2018, 08:08:08 AM
 #2523

It would definitely help them, I believe. It is a good idea, as bitcoin is very likely to be the universal currency of the future, and people will be able to transact across borders freely. The concept of unique currencies for each country will likely vanish in the future, and investing beforehand in bitcoin will give the next generation a good chance of staying ahead of the others in the race.
However, you do need to make sure they really are secure and you next generation gets them, so you will need to educate them about bitcoins, and give them access to cold storage where you should keep your bitcoins at the right age, so they donot waste it and understand the value of the stuff.
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March 11, 2018, 08:19:05 AM
 #2524

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

maybe one more thing to make your bitcoin secure for your children one day is try to make a back up files. aside from writting down. you need at least 5  back up file to save your bitcoin private key and walles also your bitcoin user name.anything that you think is importante for bitcoin to access you should save.


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JMD07
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March 11, 2018, 08:25:52 AM
 #2525

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
That's great. Indeed this will be big money in 10 to 15 years from now. Bitcoin is a decentralize currency and due to limited quantity people will hold their coins and hoping the price will go up in the coming years which I think significant that has a potential to go up at $50K. With that price you can assure a good future for your children.
cold cool
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March 11, 2018, 08:28:10 AM
 #2526

I also think that we should save some BTC for our children, from a decade ago, if we could store a few BTC, we would be very rich now.

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March 11, 2018, 08:31:13 AM
 #2527

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
That's great. Indeed this will be big money in 10 to 15 years from now. Bitcoin is a decentralize currency and due to limited quantity people will hold their coins and hoping the price will go up in the coming years which I think significant that has a potential to go up at $50K. With that price you can assure a good future for your children.

it doesnt matter if bitcoin is limted or not because what matter the most is its purpose or usefullness on why we should hold and kept it. some people do also hold coins with unlimited or have a billions supply because they think that it is worth it or they think that it can also pump in the future. any ways, saving bitcoin for your children is also a nice idea because as soon as your child is growing , the value of bitcoin is also rising. you can then use that profit in order to give your children a bright future.

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March 11, 2018, 09:06:10 AM
 #2528

Good idea if someday our child have bitcoin, maybe in that time bitcoin is high value, no one tell us, in God will maybe your child become a millionaire.l, just secure your a password and make a take note to your child.
Mystogan915
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March 11, 2018, 09:19:05 AM
 #2529

It's a great idea, because i will do this idea, saving money to my children. I will invest my money in cryto and when time comes i will it and gain huge profit, and I will save 1/4 that i gain then i will invest again the 3/4.

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March 11, 2018, 09:23:25 AM
 #2530

That is not a very good idea since bitcoin will die eventually
most probably when quantum computing becomes public

bitcoin will be obsolete and worth nothing

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Joylee
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March 11, 2018, 09:28:29 AM
 #2531

It`s rather a good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education.
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March 11, 2018, 09:33:54 AM
 #2532

It`s rather a good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education.

How about you? Do you save some bitcoin for your children?
Actually it should be great if we can spare our bitcoin for our bitcoin future..
As we know, all of our hard work to job online and also offline and all of them is just for family better life.
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March 11, 2018, 01:15:57 PM
 #2533

If you leave the house for your children, I think if you have this patience and wait, the price will be more than surprising at this time
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March 11, 2018, 01:25:51 PM
 #2534

Honestlybi am doing this right now. Securing their future is my top priority. I know one day, this would help them and they would be glad i did this
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March 11, 2018, 03:50:14 PM
 #2535

I think its invincible idea, because of saving bitcoin can be investment long-term not troublesome and easily got advantages, but we must in addition to be cautious because we dont know what will happen as regards bitcoin a few years ahead, could have been bitcoin more than or may be just getting growing
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March 11, 2018, 07:52:12 PM
 #2536

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
The income from bitcoin is very encouraging. But to keeping bitcoin for long term investment will be very good and appropriate. We can keep bitcoin for our children in future it will grow faster. As it is long term investor coin. So keeping bitcoin for children is not a bad idea. It can help our children in modern age. As the new age of bitcoin is coming.
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March 11, 2018, 07:56:41 PM
 #2537

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 store bitcoin for your children. There are so many nuances that may prevent future use of bitcoin by my children. The best option is to teach children everything you know yourself and they will have a choice either to work with bitcoin yourself, or leave this activity for others. I think it will be right.

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March 11, 2018, 08:02:49 PM
 #2538

for me,its a good idea to have a saving...saving is good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.
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March 14, 2018, 04:37:35 PM
 #2539

This is a good investment, because if you save Bitcoin for your children, then they can help them in the future and maybe the cost of Bitcoin in the future is too high.
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March 14, 2018, 05:18:33 PM
 #2540

Saving is best for your children. they are settle in tha future finances and they will not be worry about in any financial aspects and possible that tha bitcoin you save might get higher or increase its value and that would be very beneficial to your child. so right now you must keep on working in earnings bitcoin as will, you must need to work hard to ranked up to become a hero or legendary member, so that you can earn big in joining signature campaign and save all your income so that in tha future you can be able to get rich see my friend it is cryptocurrency and you have to be planned to safe guard your investment at least we should focus on how to secure it which is possible by anyone so it is not a big deal for you and you can take tha help of your wife see can handle it.nothing to worry about tha future with bitcoin tha decision you have take to plan tha saving with bitcoin for your children is once again appreciated.
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