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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
elizabethfund
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October 28, 2017, 02:48:03 PM
 #481

I will definitely save BTC for my children. It is the best investment and I’m sure they will be grateful. Just HODL – nothing more.
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October 28, 2017, 03:07:09 PM
 #482

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 bitcoins for your children is a good investment to start since it would take years before you will put it to use. However, unless you tell your family the details and information of your cryptocurrency, you need to the assistance of your lawyer. Bitcoin is independent from the government so therefore no one can really transfer it to your family when something happened to you. The only assurance you can have is writing it down and locking the info until such time it is needed.
dynospytan
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October 28, 2017, 03:14:37 PM
 #483

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
That is a good idea, its true that the value of of land increases every year. It is a really good investment the way I see it. Holding on to bitcoins is also great but we must also consider other investment which involves documents as proof. One which is visible to the eye. I think it is called being practical.
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October 28, 2017, 03:38:37 PM
 #484

That was a great idea, but no less risky and needed someone who loved risky doing it. If successful, your children and grandchildren will become rich XD...
Nelson2
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October 28, 2017, 03:46:51 PM
 #485

Saving Bitcoin is a great idea not only for our children, but also for ourselves, our families in general. The price after some years will become a lot higher than the actual price, most likely. So the holders will earn really big profit.
Manchumichael
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October 28, 2017, 03:59:45 PM
 #486

Saving Bitcoin is a great idea not only for our children, but also for ourselves, our families in general. The price after some years will become a lot higher than the actual price, most likely. So the holders will earn really big profit.
Right saving bitcoin will not just help our children future, it is good for our future also we can buy whatever we want from this money in future.
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October 28, 2017, 04:05:46 PM
 #487

I don't have a kid but I think its a good idea to save bitcoin for your children for their future. And its not necessarily that you need to save big amount of bitcoin a half of it is already big amount of bitcoin and if bitcoin will still exist by the time they turn 18 then maybe bitcoin price would be $100,000 or more than that.
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October 28, 2017, 04:09:19 PM
 #488

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

it is good invest but time now too late to hold bitcoin and wait till price up if you back to 2011 you can buy 10 BTC for 170$ and wait till today So


you will pay 170$ and earn 60,000$

Proof

https://bitcointalk.org/index.php?topic=22488.0

But like all say all time is good to buy Bitcoin

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October 28, 2017, 04:09:40 PM
 #489

That's good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.
A very good opinion and I totally agree with your opinion.
If you already have a lot of bitcoin then invest your children to get the results of your efforts during the bitcoin during this time, for a while your children do not tell first because it is still a child and let your children play and fun and fun it is important that you collect a lot of bitcoin for your child sometime in the future.
degaga15
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October 28, 2017, 04:12:01 PM
 #490

For now I am collecting bitcoin for my future, I do not buy bitcoin but the result of signature, I believe bitcoin price keeps nail as more and more demand.


 
 
 
 
 
 
 
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October 28, 2017, 04:21:39 PM
 #491

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 you should invest bitcoin for your children because it would be a very huge and big help for your children in the future. With bitcoin you can earn and gain so much especially for your children in the future. You can earn and gain so much money in just investing,buying and selling bitcoin through bitcoin trading.
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October 28, 2017, 04:33:13 PM
 #492

I do not think that's a good idea, because bitcoin is so unstable and there are still many negative problems that can not be overcome, so bitcoin is not very convincing in the future, because the government can ban bitcoin from circulating again, and all the bitcoin that has been in the tube disappears , should my advice save with paper money, in the form of a deposit in the bank

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October 28, 2017, 04:33:53 PM
 #493

I don't have a child because I'm the child itself. I'm saving my bitcoin for mu future studies (college to be exact) we all know that college is really expensive and needs a lot of hardwork and especially money. I'm planning to be doctor and for sure it will need a bunch of money.

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October 28, 2017, 04:55:34 PM
 #494

for now I have not thought about it, because for now I focus to meet my increasingly heavy needs I feel. I collect bitcoin for extra money only, but hopefully my future can be successful and bequeath my bitcoin treasures for my son and grandchild later .. they are not as difficult as me.

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October 28, 2017, 04:59:55 PM
 #495

Ummm im not agree with this,why save?i guess they can figure it out  buy their own Wink but yeash i will teach them how to do kt

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October 28, 2017, 05:08:58 PM
 #496

The prospective people try to keep there children and there daily life safe for the future. Everyone saves some money to ensure the future of his child. I think the best medium of savings is Bitcoin. Smiley Smiley
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October 28, 2017, 05:23:37 PM
 #497

Fantastic thinking, if you want to go in this way so that you have to invest a large amount of money. Because at present, a single Bitcoin worth is almost $6000. so this is a huge amount. you should teach them about the Bitcoin, But you don't put pressure anything. If they want to be involved in this platform then you can suggest them to be here.
So if you want to hold some Bitcoin for your son or girl then they should have also proper knowledge about this, otherwise, they can't handle it.



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October 28, 2017, 05:29:57 PM
 #498

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
It might be a good idea to do that though the price is really high for people to collect a single Bitcoin.

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October 28, 2017, 05:43:52 PM
 #499

What you could do is sign a message with the address you save your Bitcoins on, for example the location where you have the private key.
Signed messages can be used to verify the ownership over an address.
So you can print that out, put it an envelope and then give the envelope to them.

Another question is how do you ensure that the information you want to pass on (keys/wallets/seeds) makes it to the intended recipient?  Paper can be lost or destroyed.  If you hide something in your house or bury it in your backyard, and die suddenly, that gets lost.  If you give the information to someone else and that relationship sours the information could be lost as well. 

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October 28, 2017, 05:45:08 PM
 #500

Try using paper wallets and stash them somewhere safe then write a letter on how to use it and what is it for. You could also try saving your bitcoin details unto flash drives and make a letter and stash it for your son/daughter to use in the future. You might not know what happen in the future but if ever bitcoin survive those years, let that be a surprise for your children and their family. Smiley
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