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Author Topic: Saving Bitcoins for your Children.  (Read 23729 times)
dyewic
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October 28, 2017, 05:52:21 AM
 #461

This is really a good idea for all of us here in this community. We all know that bitcoin will boom in the nearest future we will take. So the thing we should do now is to save money for the next generations. And by the year it will boom, they will have many money.

Saving bitcoins for my future children is one of my objectives/plans on  how I manage my bitcoins on the coming days, months and years. Because it is a brilliant idea for me and for all of us here in bitcoin community 'cause we all know that bitcoin price will fall down or rise up in any minutes, hours, days, months or years. And saving bitcoin for your family and your future or for the next generations is one of the greatest thing that you can ever made in bitcoin. And by the days past by the next generation will have a high amount of many in the near future.
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October 28, 2017, 06:08:42 AM
 #462

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

That's very risky investment what if bitcoin will be replaced by other coin? it's very unlikely but you have to think about it as it's related to your children future.

Bitcoin is digital currency and one should not only rely on this. I buy bitcoins with my spare money so even if loose it then it won't affect me in real life. You should better off invest your money in something which can be considered as safe and secure investment like gold or just deposit your money to your children's bank account.


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October 28, 2017, 06:45:46 AM
 #463

Yes i want saving bitcoin to my children but i will exchange it to the real money because maybe someday the value of bitcoin is low or none value we dont know what happen to the next 2030 or many years.
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October 28, 2017, 06:50:41 AM
 #464

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.
bitcoin progress should be utilized well, collect as much bitcoin and use or exchange as necessary .. because the future guarantee is more important. especially for children in the future, how to invest at an early age is important and all for the future of the children so that the future is bright.


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October 28, 2017, 06:55:08 AM
 #465

It's difficult because one you cannot properly or legally handout bitcoin to your children it is better just to teach them rather than giving it to them, because insurance or savings in bank is still much better than these. it is just my opinion.

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October 28, 2017, 06:55:24 AM
 #466

Whether it's bitcoin or something else, saving is always good. When one has the willingness to save for the future or for the children what they does is avoid unnecessary expenses. This assures a better money management and saving in terms of bitcoin assures growth on the investment.


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October 28, 2017, 07:37:38 AM
 #467

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.

yes, I do the same thing with you I make a wallet for my son where only me and my son know and sometimes I take my son to bitcoin so my son knows how to play in bitcoin

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October 28, 2017, 07:55:42 AM
 #468

yeah  i think it would be unique idea to save bitcoin currency for future generation as its safest area for saving your income that would less harmless form government as well as natural digargesters
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October 28, 2017, 08:10:34 AM
 #469

Every people of the world likes loves their children very much.May be,every parents hold some money or assets for their children's bright future. To hold something, Bitcoin is the smart choice of all.I also save bitcoin for my children. It is a unique idea.
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October 28, 2017, 08:11:11 AM
 #470

Ripple - Not only five times more bitcoin growth but also startup fintech has the potential to threaten the global banking industry.
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October 28, 2017, 08:59:54 AM
 #471

I think it's a good idea that Saving Bitcoins for your Children.
Bitcoin always grow up. So you buy some bitcoin for your children future. After some years you will get big amount from bitcoin and use for your children.

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October 28, 2017, 09:01:00 AM
 #472

Bitcoin is the opposite of gold, and that's why you should own bitcoin
No matter how big the bitcoin is, it will never replace gold. But blockchain technology will thrive in the future, and when you have the opportunity to "buy the future," you should embrace it.
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October 28, 2017, 09:06:30 AM
 #473

if i could just tutn back time like 3-4 years ago ! i would buy bitcoin 10-100 pcs each for my children and save it till i can hand to them the password and username of their own wallet having  those bitcoin for their future ! that will be more valueble that having a time deposit at the bank .

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October 28, 2017, 09:15:30 AM
 #474

This is one of the greatest investment for the future. Investing or saving bitcoins for your children will be profitable. They can use it in their tuition fees when they are in college. The price of bitcoin today is already high and if the price continue to fluctuate, the price of bitcoin will still go higher because the cryptocurrency economy will still prosper in the future. Your children must proper budget the money so it will not go to waste and you can also teach your children when they are in the right age to use bitcoin.

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October 28, 2017, 09:30:45 AM
 #475

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 my kids is gonna be a great investmen. Just like saving money in banks for my kids, since cryptocurrency is gonna be the future of money, as investors say, then its gonna be a wise decision to save cryptos now for my kids, when the time that they're old enough, then definitely the coins that I have there probably made quite some increase by then.

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October 28, 2017, 09:32:58 AM
 #476

You can buy  some BTC and store it in your wallet but don't forget to keep your private key safe. we never know what will happen 10 or 20 years later, maybe your son will be a bilionnaire  Cheesy.
When you put your money in a bank they do every thing in your behalf to save your investment. But in our case you have to do that your self by keeping an eye on updates since you can loose your money just because your wallet have a new privacy policy and you forget to check the accept button.

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October 28, 2017, 09:50:04 AM
 #477

Savings for children is a good idea, but maybe not with cryptocurrency. It`s too risky. Or I`m not right?
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October 28, 2017, 12:43:17 PM
 #478

I have started doing this, I was unable to save anything for my child and family but now I started saving bitcoins for them. I hope after a decade bitcoin will be in 6 digits so that we can have something good for our future. 

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October 28, 2017, 02:18:47 PM
 #479

I'm not sure it's good idea.
Everything changing very quickly on Internet.
It is impossible to predict how the situation with bitcoin will develop in the next 20, 30 or 40 years..
Some very rich people, like Bill Gates, didn't give money to their children but knowledge.
We can learn something from it.

If you had never think about it think now bitcoin is the opportunity that can save future of your children and in future there will be bitcoin everywhere so do them favor and give them the best thing that can help them in future and as prices are going up now think about the future that prices will go beyond the limits and in that time you will feel proud that you saved such a precious coin for your children.

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October 28, 2017, 02:34:29 PM
 #480

every person here save money or bitcoin for future or children.
i will save in property, like land or house. because every year property's price will increase.
if you save some bitcoin for your child later, you must forge your child brain with cryptocurrnet as soon as possible

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