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Author Topic: Saving Bitcoins for your Children.  (Read 23821 times)
Joylee
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March 19, 2018, 01:39:11 PM
 #2561

I thinks that is the best idea because all the best we got in this world is our children and  saving for thier future is a big help for them to start up, we do not know what will happen in the future.
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cordlesslake
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March 19, 2018, 01:39:47 PM
 #2562

It looks like a great idea. In my opinion, the wallet passwords could be written in a will given to a notary or kept in a safe.
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March 19, 2018, 01:51:01 PM
 #2563

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

Since I have no child, I have zero idea how to respond to this but let's just use me myself as variable. I'm the parent andy family is my child. If I was in the parent shoe, I will dedicate a wallet for my child because in this way, I could assure that they have financial support even when I'm gone.

The wallet will serve as my treasure given to them to support themselves. So yeah, if you're going to ask me if I'm going to open a wallet for my child, yes I will.

Bedebah
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March 19, 2018, 01:59:23 PM
 #2564

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.

I think paper wallet is too risky and easily damaged, web wallet is a much easier thing, giving inheritance to children is a wonderful thing, they will feel a great benefit someday, the most important thing is to introduce bitcoin to them so they can use bitcoin.
josephpogi
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March 19, 2018, 02:42:10 PM
 #2565

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
We all are concerned about out children future and we all would like to secure their financial life as well in some or other way. This generation of people i see people saving their bitcoins for their children future which may be handy when they are matured enough and can be used for their education, business etc. But the only concern is we should keep the wallet details very securely in the form of soft copy or hard copy as there are always chances to get hacked & misused. Just keep the details securely and ensure our children should be able to use the coins when they need it . Thats what i would take care of for the bright future of our kids.
cherrymobile
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March 19, 2018, 02:51:11 PM
 #2566

 Saving bitcoins for children are very important today. It is very useful for the sake of children. Bitcoins are very helpful for all of us especially for the future of our kids or children. Bitcoins are the one that can help our children to sustain their financial especially for the most important thing in thier life which is the education. We all know that Education is the best weapon to success in life but we can fullfil this with the help of bitcoin. Bitcoin can be the one to make their children's dream come true.
Carrelmae10
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March 21, 2018, 05:24:22 AM
 #2567

..nowadays,,as technologies are rapidly increasing,,there is a possibility that there are lots of changes will going to happen in the future..so lets come to think of it,,as we adopt on such changes,we need to consider our future,especially our children's future..One way of protecting their future is to save money,bitcoin or fiat currency for them to be able to spend in their future..For me,,i'll probably do investing in bitcoin as a savings,then later on if I gain some profits,i'll do save it in a bank as a proof of statement that I am concern in their future sake.

nongdan8xlccm
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March 21, 2018, 05:26:07 AM
 #2568

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.
cryptomoon1003
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March 21, 2018, 05:28:25 AM
 #2569

Paper wallet for bitcoin and using bank's safe deposit to store this paper wallet is a good idea
rave123wallz
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March 21, 2018, 05:29:58 AM
 #2570

For future of course it is necessary to save especially if you have the capacity. There is no waste time for every effort and hard work you will invest so go for it.
megynacuna
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March 22, 2018, 12:51:01 PM
 #2571

For future of course it is necessary to save especially if you have the capacity. There is no waste time for every effort and hard work you will invest so go for it.

Yes, bitcoin and crypto-currencies in general is futuristic and so i think its in the right direction if one can save bitcoin for their kids because it can safely secure the future of your kids if you can be patient enough and invest substantially.
xraisers
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March 22, 2018, 01:22:58 PM
 #2572

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.
pusa aso
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March 22, 2018, 01:30:24 PM
 #2573

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
that was a very exciting if you know how to save bitcoins for our children.but for me i am still a teenager and i have to save for my self and for my parents and of course for my future someday if i have a family.i really want to save some of it.

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lfc_san
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March 22, 2018, 02:33:20 PM
 #2574

I think this is a good idea. We believe that bitcoin will have a good future. We needs to be saved or investments bitcoin for our children to enjoy.
Surely we should always keep our wallet information along with the private key or password so as not to disappear and later this information is given to our children.
Sophia Portera
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March 22, 2018, 02:52:01 PM
 #2575

Saving Bitcoins for your children is a smart move. And maybe put the password in a will?
Premooooo
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March 22, 2018, 02:57:03 PM
 #2576

saving bitcoin for your kid is good because you may be surprised that your child will not be suffering in the future because the bitcoin price will increase in the future and will increase your income.
hardtargetbtc002018
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March 22, 2018, 02:57:32 PM
 #2577

Saving Bitcoins for your children is a smart move. And maybe put the password in a will?

This is what I'm planning to if i have enough money to invest, we not only keeping our money in a safe place but also making our money profitable.
keziakusayang
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March 22, 2018, 03:01:39 PM
 #2578

a very good move, but I have not thought that far because I am currently unmarried and have no children yet, I just tell my wallet to my family so if anything happens to me later my assets can be managed by my family.

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lucian999
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March 22, 2018, 03:10:57 PM
 #2579

saving bitcoin for a child if I do it will be good for my children because maybe I'm not going to be in the future if we have lots of bitcoins.
Eleanorjean11
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March 22, 2018, 03:16:48 PM
 #2580

In my opinion this is  good idea, save bitcoin for children.
I am a person who is unmarried and has no children yet, but i am interest to save as much bitcoin as a savings when i get married and have children, And then i will not force my child to know about bitcoin,because they will find out for themselves when they are adults and of course i will give all the bitcoin for my child and i hope that this bitcoin help my child to grow his/her future as well.
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