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Author Topic: Saving Bitcoins for your Children.  (Read 23821 times)
JehJeh121
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March 29, 2018, 02:01:10 AM
 #2641

This is a good and unique idea to secure the future of your children. Bitcoin is good for longterm and I believe that bitcoin will increase its value each year.
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lowellsniper
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March 29, 2018, 02:31:35 AM
 #2642

This is indeed not just a wise and precise move but timely since our children are both in college. Finances vividly is not that stable to sustain the demand of their studies espacially what we want for them nothing but the best. Saving money from bitcoin is the answer of our worries if where and how to have an additional income.hi
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March 29, 2018, 03:07:18 AM
 #2643

Any parents that are into bitcoin would really think of that. Bitcoin is the new bank, and its pretty sure that bitcoin is going to have a good future. And also good for your future that when you need money you can sell BTC from it. But we must teach them how to get profit in bitcoin trading or investment.
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March 29, 2018, 03:19:00 AM
 #2644

Yes definitely yes . Any parents into bitcoin will save it for their children's . Bitcoin is longterm children use it . Of course while their didn't know it parents do it for sake of they're child . Bitcoin helps so much to the people .

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gaurav82
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March 29, 2018, 03:39:51 AM
 #2645

Saving in bitcoin is good decision. If you invest to others like: shares, real estate, gold. For holding these you need demat account or locker etc. The point is invest anywhere your child do not know. You will tell him and if you die other family member who know about it will tell him. Same with bitcoin. Keep bitcoin in wallet and information of wallet address and password write down in diary and keep in locker. Other family member should have knowledge of this. Your money is safe in wallet and you will get good return till child makes adult.
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March 29, 2018, 05:39:33 AM
 #2646

I'm too much young to think about the future of my children because me is also a child, so i think I will save/storing my bitcoin for me and for my family for the future someday and make your that the wallet where placement of your bitcoin is really secured because it has a possibility that your wallet could be hacked make sure you password is hard to know and don't tell anyone about your saving money.
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March 29, 2018, 05:49:33 AM
 #2647

A lot of people investing bitcoin today because of its high value and they expect their will be a big return in the coming years. Any investors are so optimistic of what happen in the future, they simply grab opportunity that will bring them a great investment return. If bitcoin price still increasing probably everyone will make investment on it, and so do i.
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March 29, 2018, 05:58:36 AM
 #2648

A lot of people investing bitcoin today because of its high value and they expect their will be a big return in the coming years. Any investors are so optimistic of what happen in the future, they simply grab opportunity that will bring them a great investment return. If bitcoin price still increasing probably everyone will make investment on it, and so do i.
Joylee
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March 29, 2018, 05:59:55 AM
 #2649

I think it is a good to save our bitcoin for the children but we should not keep these bitcoin for a long time and these are the volatile currencies may be keep crypto money in only one currency that is bitcoin and after some years the value become less as compared to now then instead of profit we will suffer huge losses.
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March 29, 2018, 06:06:50 AM
 #2650

I think I didn't think so long. I think the first thing I need to do is to make use of the current market conditions to make more money, instead of leaving bitcoin for children. I think if I earn a lot The wealth, then my children naturally have better choices.
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March 29, 2018, 06:08:02 AM
 #2651

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 have also thought about the same thing before and is planning to fulfill it starting this year. I have three kids and it is important for me to assure their future because it is important that I have secured their future for the better since it is the only weath that I would be able to share them.

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March 29, 2018, 06:25:53 AM
 #2652

Every parent should be interested by their children wealth and I say that it is important to save bitcoin for your children because it will be very helpful to them
Thanasis
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March 29, 2018, 06:29:57 AM
 #2653

But,make sure that you gave necessary access to your bitcoin wallets or they will not access your bitcoins unlike other properties and currencies.Many people lost their bitcoins due to lost access to their private keys so what we need to do is give backup of our private key to any person we can trust most.

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willybacem
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March 29, 2018, 07:04:36 AM
 #2654

You can write down the seed words to the wallet that holds the coins and send them to separate lawyers/deposit boxes or to some other supports you think are suitable.
It would be a great idea for us to hold bitcoin for future children of yours so if i have given a chance i would love to hold for my children in the near future because we dont know what will happen in the future so thats the great idea, we should think our future and what will happen in the future, lets think our future so we must hold some bitcoin and save for our childrens future.
A form of long-term investment is very good and certainly will provide many benefits that can be used for our children later. A brilliant idea to give our coin purse account data to our children through our lawyers. But before it goes any further, it would be better to start from now we teach our children about cryptocurrency or how to open a wallet. It could also give our file to a lawyer by providing a note of steps how to use bitcoin because we do not know our child can use wallet properly and carefully or not.
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March 29, 2018, 08:22:37 AM
 #2655

Yes you can save Bitcoin for your children. But it should be for long time not for short time. For short time hold you can't expect good profits. It might be cause your loss. So my suggestion personally if you want to save Bitcoin must hold for long time.

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fklfyl
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March 29, 2018, 09:14:53 AM
 #2656


In our daily lives. It is very good to turn BTC into money for our children until we can guarantee its safety. When they grow up, they tell him all I know. Every day I make money. It is not enough to make money. For us What do kids do!
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March 29, 2018, 09:17:42 AM
 #2657

Lol never thinked about that , nice idead topic started i think i could invest 1-2% of my total deposit like every month or one time per two-three months to my children on cold wallet with many copies and save them about 10 years Smiley

Superways
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March 29, 2018, 09:19:03 AM
 #2658

I'm too much young to think about the future of my children because me is also a child, so i think I will save/storing my bitcoin for me and for my family for the future someday and make your that the wallet where placement of your bitcoin is really secured because it has a possibility that your wallet could be hacked make sure you password is hard to know and don't tell anyone about your saving money.
There were people who worked hard in their younger age and after that when they grown up they start their own businesses with their that money which they earned at their younger age and that businesses became the source of the success of their children. So at any age if you will make money and will make sources of income which will be permanent or for long term then it will be a step of you for your coming generations and it will make your honor. So now you are working that is for your children. Try to keep a part of your bitcoin till the age of your children as it will grow much higher in price till that time.
CryptosGeek
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March 29, 2018, 09:24:36 AM
 #2659

It is a great topic, as I think investing in Bitcoin would be beneficial. Apart from the financial gain, we could actually teach them (pass our wisdom) about financial market, the importance of thinking ahead for their own future.
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March 29, 2018, 09:28:01 AM
 #2660

I think, it's a good idea, because bitcoin is an excellent long-term investment. You can provide your children with money in the future, if you invest in bitcoin now.
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