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Author Topic: Saving Bitcoins for your Children.  (Read 23821 times)
U20
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March 14, 2018, 05:23:52 PM
 #2541

in the long run the bitcoin will surely win. I'm sure of that. We must hide the bitcoin for our children. It must be their inheritance after many years. we can't be rich, I hope they will rich with the bitcoin. Smiley

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March 14, 2018, 05:32:07 PM
 #2542

Yeah thats a good way for you to ensure the future of your children but I think you should really think first because we all know that bitcoin's value is not really stable or profitable so it would be wise to think first.
yes i reserve bitcoin for my wife and children. not directly save bitcoin but i converted bitcoin into papar money then i save it nearst trusted bank.

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March 14, 2018, 05:39:22 PM
 #2543

yes I will invest bitcoin in the long term so that my child can benefit from the bitcoin I investasika from now. I want my child to live happily in the future. I'm sure if buying bitcoin from now will get a huge profit in the future because bitcoin prices will rise from year to year.

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March 14, 2018, 05:41:45 PM
 #2544

Yeah thats a good way for you to ensure the future of your children but I think you should really think first because we all know that bitcoin's value is not really stable or profitable so it would be wise to think first.
yes i reserve bitcoin for my wife and children. not directly save bitcoin but i converted bitcoin into papar money then i save it nearst trusted bank.

Well that is a good thing.  We should maximize the use of bitcoin or I mean we should take advantage the earnings we get from bitcoin.  We do not know as to when we will be having this opportunity to earn.  I will start what you are doing.  But if we will just keep it in our wallet as bitcoin, its value could goes up.
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March 14, 2018, 05:44:11 PM
 #2545

in the long run the bitcoin will surely win. I'm sure of that. We must hide the bitcoin for our children. It must be their inheritance after many years. we can't be rich, I hope they will rich with the bitcoin. Smiley
You are right, that is why while still we have the chance to save bitcoin for our future let us just do our part, don't let yourself not having a bitcoin even for a little that you can use for the future of your child, so save now while we still have time, don't hesitate.

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March 14, 2018, 05:55:06 PM
 #2546

I think why not. While it may be a lot of hackers but it's more apparent. of the world all-round digital. I think is great if we're saving up bitcoin. If a question of risk. save money in the real world could also be lost. as more thieves than hackers..
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March 14, 2018, 05:58:45 PM
 #2547

It is good to think at your dear ones and to save something for them in the future. I keep a part of my investment as a long time investment and it will be for my family
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March 14, 2018, 06:09:24 PM
 #2548

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 am also finding for some answers about this concern too since earning bitcoin was never an easy thing to do. Having something that would make sure that all of our profit will go to our loved ones is really important so that we can avoid troubles like wasted investments or regrets. Bitcoin has been a good way to earn large amount of money but all of it will be nonsense if ever the money you've earned get lost after you dies.

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March 14, 2018, 06:12:38 PM
 #2549

Saving Bitcoins for your children is a great idea, passing it to the next generation, I applaude you man. Now for the storage I would recommend a hardware wallet, it is not offline so it is safe from hackers, keep it in a vault or a serucity box in a bank so it is really secured. Include all the ncessary details that your children will need to access their Bitcoins and also entrust all these to the mother of your children, I am sure she can be trusted because both of you would only want the best for your children's future.
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March 14, 2018, 06:13:05 PM
 #2550

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 don't have a child yet, but I am saving a quarter of each profit I got and put it into another wallet where I wrote the password username and email address and email's password onto back of my portrait picture with a note "Your fortune is here" and I told to my mom in case I die without having a child or I died first. Yeah I know it is kinda weird and very futuristic but I am just making sure I won't regret things if I end up with no money in my pocket and leaving my family/child helpless and no foods in his stomach.
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March 14, 2018, 06:15:10 PM
 #2551

You can never be sure that until they become adults that Bitcoin is still going to exist. But try not to buy too much and only the amount you can afford.

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March 18, 2018, 10:01:58 AM
 #2552

Hello, tell me how to withdraw your money? And in general, who is investing? Where?
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March 18, 2018, 10:03:32 AM
 #2553

You can do this as if it's like a last will, But while your kids are quite young, let them explore the world of cryptocurrencies, try to explain them what bitcoin really is. And let them create a wallet, teach them all the things that they have to know and don't tell them that they've got something for their future. It will be a great birthday present when your kids started to grow up and if they reached the legal age, tell them that you've got some bitcoin for them.
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March 18, 2018, 10:06:17 AM
 #2554

surely me as a parent will definitely make bitcoin deposits for my own child and his future in the time he becomes adult later. Smiley
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March 18, 2018, 10:25:48 AM
 #2555

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, and I am very happy to see a step forward to using bitcoin even can also make transactions wherever and whenever. and bitcoin are now becoming so popular and more valuable that plans are good in the future. if you believe that bitcoin someday can help you to be financially independent have a good life for your family
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March 18, 2018, 10:27:23 AM
 #2556

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.

Sounds like a good plan. I second the idea of keeping a paper wallet in a safe place and being very discreet about it.
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March 18, 2018, 10:28:47 AM
 #2557

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 that it is a wise decision to save bitcoins for your children. Technology is changing every day and there may be no bitcoins after 30-40 years.
andregunawan1
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March 19, 2018, 06:10:15 AM
 #2558

I will make a paper wallet for my child and for the future of my child, and I am confident with our future bitcoin to be perfect ..
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March 19, 2018, 01:17:05 PM
 #2559

This is a good idea. You can get a paper wallet and keep it for them so when they come of age they can get the bitcoins, which by that time will be worth a lot more.
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March 19, 2018, 01:31:36 PM
 #2560

You can create a bank account for your children. Convert your BTC to real money and then put in down on deposit. If you do not want to convert it all, then just convert half of it to make sure that there will be a guaranteed money for your children.
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