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Author Topic: Saving Bitcoins for your Children.  (Read 23821 times)
wasaisi
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April 08, 2018, 10:55:49 AM
 #2801

Well actually I have not thought yet of investing in Bitcoin for my future children because it is kinda risky. But I think this can be considered given that Bitcoin has been doing good for a long run now. But I still need to consider on the passing of Bitcoins. Because the address or the account can only be accessed by me. Maybe I can share my account to a trusted loved one or banks might accept on securing an account username and password for me and passing it on my heirs when something bad might happen to me.
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1jaffa1
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April 08, 2018, 10:58:05 AM
 #2802

Saving your bitcoins for your children in the future is no different from saving any asset or investment for them to continue or to utilize. What's separates bitcoin investment as a memento to other different investments is its digitalized nature and the children can engage easily with the said investments. Due to bitcoin's convenient when it comes with its accessibility, it has the potential of exposing them to cryptocurrency, thus attracting new investors with the move. Personally, I am only worried about the wallet on where we will store it because it has the tendency to be hacked, scammed, or even stolen from you due to it existing on the internet.
Flo-ris
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April 08, 2018, 11:00:12 AM
 #2803

Bitcoin is my and my wife's investment. And it is investment for us and our kids. Hope this investment will help them in future.
Handa
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April 08, 2018, 11:02:04 AM
 #2804

Why not , i mean bitcoin has a very bright and broad future in the future market . Bitcoin have prooved all its existence
In the past 10 years, and will continue its good form in the future . We Should teach our young generations and every child about cryptocurrency and there use , all this gonna be worth teaching
Morkhart
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April 08, 2018, 11:14:26 AM
 #2805

It's always wise to save something for your children, in the form of currency or Bitcoin for their future. Nobody knows the value of Bitcoin in the future, it may make them wealthy and be comfortable with their lives, or value may go the other direction, but still i'm sure they will be glad that his or her parents save something cool for them. Just take care of the procedure on how you can store and retrieve the necessary details.
Premooooo
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April 08, 2018, 11:22:34 AM
 #2806

Save the bitcoin for my children that I will do because maybe I am in the future of my children high the price of bitcoin so my money also high
karloscimot
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April 08, 2018, 11:27:37 AM
 #2807

that's for sure. because we work day and night no other to look for Rizki for the future of my children gan.
we have a lot of money but do not have money it seems empty. therefore I am always in the spirit of working for the sake of pleasing my children. even I've saved bitcoin to meet their needs .especially after they married. such as buying a house and so forth.

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sulec70
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April 08, 2018, 11:34:52 AM
 #2808

until now it is guaranteed bitcoin security if we can store our account password properly and correctly, because if it got known to people who are not responsible, then bitcoin that we have can be taken by the person, and if someone wants to buy bitcoin and save for their children as savings in the future, then there must be someone who is very trustworthy to keep and give our bitcoin to our children if something happens to us. the person should know about bitcoin and with him we share our account password.
Raufjoze
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April 08, 2018, 11:36:25 AM
 #2809

yes. My uncle saved a bitcoin for her children. because he wants to have a bitcoin he can save for his children because he knows that bitcoin is not forever so he gathers and carries out his own business.

Spread it to your account securely and invest again, so when the price goes down you do not have to worry because you've saved. And it would be a great idea to keep bitcoin for your kids. I believe it will still rise high and when that time happens, pull some profits and keep it in a safe bank
Laokong
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April 08, 2018, 11:40:48 AM
 #2810

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
Yes i will save bitcoin for my kids in the future because now it is my investment, and i know someday that bitcoin will help my kids in the near future.

mkcube
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April 08, 2018, 11:43:45 AM
 #2811

My status in this case,cause my children are too little.I save bitcoin through my bank account,i sell my token invest it for the duture of my children,Othres, i put it as time deposit for them whwnever i need the money, I can used it for their needs.Untill now i am still working btc for my chikdren future.
_Apollon_
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April 08, 2018, 11:53:24 AM
 #2812

It's a good idea to keep bikoyun for our children.
Despite the fact that now the rate is low, you can buy and save.
@Mhaiang
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April 08, 2018, 11:55:49 AM
 #2813

of course..because I'm doing my bitcoin now for my future and my child's future. Because bitcoin lasts up and eventually bitcoin is higher than the value of time.

Bitcoin is a good saving if you have plans for your children's future because keeping bitcoins for years will make its price multiply a couple of times and that's a big sum of money already. But it's better if you always get your profit and put it in the banks for we don't know what really lies ahead of cryptos.

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Rarahumaira
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April 08, 2018, 12:12:20 PM
 #2814

I would probably save at least 1-2 bitcoin for my children each, put it in a hard wallet and put it in a safety deposit box.
They can access to it for 10-20 years hoping that bitcoin still exists.
Nachoo
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April 08, 2018, 12:17:04 PM
 #2815

I think it's a good idea to leave cryptocurrencies to their children. In addition to the usual ways, I have seen that companies are taking care of this service
pedrasantos
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April 08, 2018, 12:20:13 PM
 #2816

I would buy an hardware wallet in a security box in a bank (or hidden somewhere safe aka fireproof, waterproof, disproof, etc.etc.) with the instructions and give all the details to another trusted person.
Arumi.Bilqis
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April 08, 2018, 12:30:33 PM
 #2817

It's fun doing it to save bitcoin for a child and I've done it earlier because I see that the cost of living is getting costly and education the same so I have to do it for my kids so in the future they will be useful and what they want to achieve is achieved so also in investing, they already have enough savings for living expenses and venture capital.
Gheka
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April 08, 2018, 01:55:59 PM
 #2818

It's fun doing it to save bitcoin for a child and I've done it earlier because I see that the cost of living is getting costly and education the same so I have to do it for my kids so in the future they will be useful and what they want to achieve is achieved so also in investing, they already have enough savings for living expenses and venture capital.
But you can not know that the future of bitcoin will be good or it will become darker than ever, if it's good, saving your child will be a good thing because maybe the value of the bitcoin at that time is very high and your child will get a better life. Conversely, if it is a bad future, I can only say what you are trying to save just useless, your child will not inherit anything from your bitcoin, and you also missed the great times to sell bitcoin, time will not be able to return, so the plan is to sell the bitcoin at the highest price possible and save that money for your child


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imgoinforbitcoin
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April 08, 2018, 03:01:39 PM
 #2819

Saving bitcoins for your children is a good idea just remember to teach them how and what bitcoin is before you pass it up to them so they can use it properly
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April 08, 2018, 03:11:43 PM
 #2820

Yes,i'm planning to buy more bitcoin when the price will down to $5000 to save it for the future of my children because I believed that keeping for so long will give me a good return.
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