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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
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October 26, 2017, 08:44:27 AM
 #381

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 always saving all the bitcoins that I earning from many jobs in the cryptocurrency. The reason why I doing saving is because I want to have a good future. I know that I can become a millionaire if I work hard and work smart.

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October 26, 2017, 08:46:04 AM
 #382

It is good to invest in bitcoin for a long term purposes and could be use when you already have a family. It is quite risky though since we do not know how long it will last to be like this but im sure it will take some time since we are in the age now of digital currencies.

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October 26, 2017, 08:55:16 AM
 #383

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


This is a good investment for the children, so they can already start at their early age. You can say that it is the same as opening a savings account for your children. Someday, when they grow up, I bet they would really appreciate it.

Like any other investment bitcoin can be saved for a long term and unlike other investment bitcoin can be much more profitable and make you rich, other investments can make x2 or x3 in next 5 years, bitcoin can go up to 10 times. Saving bitcoins for children is not a bad thing to do, with some little initial
investment in bitcons your kids can have much more one day. I think we need to secure our future and future of our children, so its best to to have more then just one investment. Even thou I`m optimistic about bitcoin and I believe in them, I always advise people to have money in more then one thing, that is more safe, and to be safe today is a privilege.

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October 26, 2017, 08:58:44 AM
 #384

Yes i will save money for my children that they will use in their future. Saving money for your children is one of the best way. Always remember if you have a family always take time and save money for your kids fot their future.
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October 26, 2017, 09:22:50 AM
 #385

its a good idea to save bitcoins for children.it will help the children when they need money. they can utilise the money in future when they need it.I would like to save bitcoin for my children to make their life secured and solvent.
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October 26, 2017, 09:58:38 AM
 #386

I am not sure about it. My kids are too small and I don't know whether Bitcoin will retain its value when they grow up. So I have made up my mind to sell at least a part of my Bitcoin stash after 4-5 years (may be 50%). I will invest in real estate, bullion or equities using that money. And I will hold the remaining coins for the long term, irrespective of the future exchange rates.

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October 26, 2017, 10:04:33 AM
 #387

According to Bitcoin's information that maximum cap of coins will not be reached until next century so Bitcoin's lifetime is longer than our lifetime so it is indeed wise if you're going to invest Bitcoin for your future and your children. Something that your children will be proud of because of what you did long time ago, and that is today. Today matters.
Bitcoin will continue to serve every economy in the world.

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October 26, 2017, 10:05:11 AM
 #388

That is a smart idea i am also doing that because this way you can leave them a lot of money behind and they can use in the future when it maybe is worth a lot more they will be happy that you gave them this is a very good idea.
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October 26, 2017, 10:17:23 AM
 #389

everyo e should do think our children's.saving bitcoin for the next generation is a good idea.bitcoin investment can give will your son more money.although bitcoin isn't sty able but look 2009 bitcoin price and now..so anything will happen..so I think bitcoin saving for children's is a very good idea.
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October 26, 2017, 10:32:55 AM
 #390

Yeah, it is a good idea, if we save bitcoin for our children future wise, then of course after 10 or less than 5 years, if we permanently hold it then 1 bitcoin could give us 10% to 100% profit and it is a huge profit to make bright future for our kids. Actually we need money for our children for their education and married and if this problem will be solved behalf of bitcoin. Then it is the best benefit of bitcoin.

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October 26, 2017, 10:33:26 AM
 #391

sure i will do this if i have enough money it's a good investment
Thats good idea, you should save some bitcoin for your children, its better to prepare than never, atleast you have saving if when you need and case of emergency . And saving for the future is good, because not all the time we are in good health and have a financially stable. At least if that happen we are prepare


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October 26, 2017, 11:13:51 AM
 #392

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


Saving bitcoin for the future of your children is a good investment if you ask me. As long as your bitcoin is consider as a legal and valuable property in your country, there would be no problem passing it on your children when you die. Try to talk to your lawyers for disclose agreement of all the necessary information that is essential for the case.




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October 26, 2017, 11:16:46 AM
 #393

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 am actually making the same imagination or you can say preparstion if I ever have kids is that at a young age I would try to introduce bitcoin to them. It is also inportant to note that with bitcoin it might be u stable but if it exceeds that threshold then imagine jow big that would be

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October 26, 2017, 11:58:41 AM
 #394

That's a very smart move! Aren't you afraid also? Isn't it a little bit risky too? You should keep on track the bitcoin prices everyday
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October 26, 2017, 12:22:57 PM
 #395

sure i will do this if i have enough money it's a good investment
Thats good idea, you should save some bitcoin for your children, its better to prepare than never, atleast you have saving if when you need and case of emergency . And saving for the future is good, because not all the time we are in good health and have a financially stable. At least if that happen we are prepare

That probably would work though i'm not going to get my children involved in it yet. Same as when i'm going to save for their future in a bank. They'll know it when they get to the right age.

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October 26, 2017, 12:34:07 PM
 #396

If I had children, I'll be teaching them as early as now how to accwss my wallets and take good care of it. I'd tell my wife to make sure that the wallets are secure. The kids deserve to get the coins I get because it helps them to build their future from it.

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October 26, 2017, 12:44:04 PM
 #397

To be honestly saying I didn't get chance to plan savings for my children, I really appreciate you that you have a saving plan for your children that also with Bitcoin is really great. You asked about the security and handling of bitcoin and the format of bitcoin in future how to handle it if any thing happened like forgetting the pass word and missing the written script. See my friend it is cryptocurrency and you have to be planned to safe guard your investment at least we should focus on how to secure it which is possible by anyone so it is not a big deal for you and you can take the help of your wife she can handle it. Nothing to worry about the future with bitcoin the decision you have take to plan the saving with bitcoin for your children is once again appreciated.

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October 26, 2017, 12:44:16 PM
 #398

Yes I saving bitcoins for my children for their future and education. I really like saving in bitcoins, because more profit than gold.
I have another saving also like gold, deposits, but I see and compare bitcoins value always more profit than others saving.
hajimasan
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October 26, 2017, 12:52:56 PM
 #399

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
Here the question is like to have a Facebook account and after the death who will handle that account , so here it is a type of online data.
Here I myself never thought about it but still here in my opinion we can do it in better way , Because here we have the better option to have beige the death to convert bitcoin into fiat or anything like property that is better for the future .
Or I think  it will be more better to tell to the Children that we have these things for you and this is password and this is id and you will never get disappointment after my death and use it in better to grow your income .
So here only suggestion will.work fine  in this case because to give ownership to another perosna to give the children after death is a risky thing .

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October 26, 2017, 12:57:49 PM
 #400

keeping it until I can give to the next generation is a good idea, that we do not know where bitcoin will be in the next years and maybe bitcoin will be very valuable in very large numbers. all happening due to unhappiness.

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