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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
mornabo
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October 22, 2017, 09:27:03 AM
 #261

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

Buy 1 BTC now for your child and save it for him in the future, he will surely have a good financial status for his education by the help of those bitcoin

I agree with you bro, 1 BTC is enough, because in the future Bitcoin price will probably be doubled or even more for our children later. Btw my friend has also prepared BTC for his daughter Cheesy
what if bitcoin is not going to be worth in the future mate lol? strategies and plans are important, it will make you have other options besides bitcoin so when the worst possible happen to bitcoin in the future will not be too detrimental to you, but looking at bitcoin development, maybe I'll be a little bit confident that bitcoin has a long and future life that good one, so maybe 1 btc is enough Cheesy

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October 22, 2017, 10:25:42 AM
 #262

Wow that's a great idea that you are securing your child's future while investing in btc. I appreciate your plannings. I also think the same way you think. Btc is the only thing that gives maximum return. Those who did invest in btc in 2009 they got the maximum return they are millionaire now. In my opinion investment in btc is the most secured & high return investment in future.

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October 22, 2017, 08:03:21 PM
 #263

Yeah sure, bitcoin invest for our children future is great idea. though just you are the one who knows your wallet, you can write down your wallet address + private key on a paper too right? still can be seen and known by our children in the future  Smiley
It's like a legacy or a treasure. giving a wallet and password is a good move, maybe we can keep it in a safe box and avoid something that can be damaging. in the future our children will be surprised and proud because this is a great legacy because I am sure if in this year we can only get 10.000 $ then in the next few years may reach 100,000 $. this is the form of an award that is so remarkable. as parents will also have pride because they can see his son lives much happier.
Yeah that’s the right thing that a guardian can do for his children and bitcoin has potential to deliver huge profit and this can also be inherited and this coin will help children in the time of need as it is helping other and this coin will make them independent of others and that’s right that price will soon cross the 10000 and it will be in millions, on that time your children will tribute you for this favor.

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October 22, 2017, 08:18:36 PM
 #264

I think that's good for your future and your child. we all believe that bitcoin in the future price will soar. if you have a bit of bitcoin, try to save it.
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October 22, 2017, 09:55:47 PM
 #265

Keeping other physical asset for your children is very easy but storing bitcoin for your children is very risky because the wallet may be hacked before your children grow to maturity so it needs a high level of security consciousness.

Yes, it could be risky but we also need to do that for their future. All we can do to protect the account not to be hacked is that, save it to the private accounts that your children can open it when they grow up. But you will only tell them if they already reached the maturity age because if you inform them while they are still very young, they might shared the information to their friends.

I agree It can be risky but I have faith with bitcoin, it can be all the solution to your financial problem as well to secure the future of my children, storing bitcoin for their future is a good idea it is just like having time deposit.


Since bitcoin wallet needs high security to save many amount for the future, it should be better if changing bitcoin when there is a high price to exchange into fiat and save it from the banks. It will also grow on that even not big as in bitcoin but it can be safe because we cannot predict what will happen on the future with cyptocurrency.

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October 22, 2017, 10:02:37 PM
 #266

I want to save some bitcoin and it's wallet for children -
they need to see, how it was unconvenient to use the old cryptocurrency.

in the future, suggest, cryptocurrency-sphere would be very clear
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October 22, 2017, 11:16:36 PM
 #267

Saving bitcoins for my offspring is something I have on the top of the to-do list always. I'm always looking out for the good of their future so my choices that I make are ones of selflessness usually, especially when I stack BTC for them.



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Restmand
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October 23, 2017, 03:52:49 AM
Last edit: October 26, 2017, 01:11:39 AM by Restmand
 #268

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
Its a good idea of saving Bitcoin for your children well there is a possibility that the value or price of bitcon will increase or bloom in the near future so its a good idea to invest or saves bitcoin for your children but dont turn all your money into Bitcoin because there is still risk to avoid and to take so its better if you guarantee the future of your children. Will saving for the future of your family is the reason why you invest but just take precautions and safety.
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October 23, 2017, 03:58:46 AM
 #269

yes I have also plan.  I want stoke btc for my childran.  and I put my all information in my family.  I think after 10-20 year they are no need anythin iff keep bitcoin

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October 23, 2017, 04:21:44 AM
 #270

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
Before, that thought haven't pass by my mind lately. But since you have mentioned it, it made me think: "why not?"
This is a possibility. I think I will begin saving little by little bitcoin so that in the future, my daughter will inherit the bitcoins that I have saved up for her. Since, bitcoin is the future of our currency, by the time my daughter gets her share of coins, there will be more secured system here to assure that proper turnover will be facilitated.
Yes its true I agree with you some people are going to use it for investment purpose and some of them are doing daily trade here so there are also a lot of ways that bitcoin can be used for profit but as we know bitcoin is very good asset for future so I think it’s a very good idea that bitcoin must be used for childrens in future and it will be used for parents.
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October 23, 2017, 04:22:31 AM
 #271

We must be vigilant if saving bitcoin to the child, because if there is a mistake then bitcoin will disappear and of course we will regret, children do not necessarily like bitcoin, let them play and fill the day with things they like.

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October 23, 2017, 04:30:29 AM
 #272

It's true I am saving bitcoin for my future children. I don't mind if there is risk in bitcoin for as long as I secure the future of my children soon. 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. My future children are important for me because they are my treasure same goes with bitcoin. As much as possible,I save bitcoin while opportunity is present and to use it for my future children.
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October 23, 2017, 09:25:35 PM
 #273

Really this is the awesome idea. In fact, I decided that it before. Becuase I have to do something for my children. And will all know that Bitcoin will make our future comfortable. And, If I can hold some Bitcoin now for my children for a long period. So, what will be the value of Bitcoin, which I can't imagine now?


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eduinvestor
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October 23, 2017, 09:30:18 PM
 #274

Buy one bitcoin for your son. When he grows up... He'll have financial freedom

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October 23, 2017, 11:21:54 PM
 #275

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.
Well i think it is a great idea for a parent to think about his or her child's future. And by using bitcoin and looking forward for great income with is okay. But as for me i still don't have any child, i guess i will enjoy first the perks of not having it as for now but i will be wise to have to save money for the future  so that if ever i will have a child it will be in good future.

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October 24, 2017, 12:25:23 AM
 #276

As a mother I'm looking forward to save and invest here in the future for my kids as long as everything's ok with Bitcoin.
Need more lernings also about cryptocurrency..

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October 24, 2017, 12:25:48 AM
 #277

Wow that's a great idea that you are securing your child's future while investing in btc. I appreciate your plannings. I also think the same way you think. Btc is the only thing that gives maximum return. Those who did invest in btc in 2009 they got the maximum return they are millionaire now. In my opinion investment in btc is the most secured & high return investment in future.

The early birds or ear;y investors are only millionaires now because their investment was great, very great for that matter, though you can make a lot of cash investing in bitcoins in may never be as much as the people who bought the currency when it was almost valueless and now reaping the good fruits of their investments.

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October 24, 2017, 12:27:37 AM
 #278

As a mother I'm looking forward to save and invest here in the future for my kids as long as everything's ok with Bitcoin.
Need more lernings also about cryptocurrency..


Wow! That's really nice and I think your children should be proud of a mother like you. A piece of advice though; do not put all your eggs into one basket, you should try and diversify the investment portfolio so just incase one fails the other would cover the loss.

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October 24, 2017, 12:40:27 AM
 #279

This is one way to secure the future of your children. Especially if your children are still very young, like as young as 3 to 5 years old, you still have more than enough time left for your bitcoins to grow a hundredfold before your children are in the right age to use them properly. This was more perfect during those times when bitcoin was only worth some couple of dollars. Right now we need to have a bigger investment.



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October 24, 2017, 12:43:30 AM
 #280

We can give our physical property but what about virtual thing.will they be satisfied Cheesy
So you have to make hardware wallet like pendrive and give it to him Cool
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