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Author Topic: Saving Bitcoins for your Children.  (Read 23817 times)
bitgolden
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October 31, 2017, 07:33:22 AM
 #581

Thinking about the future is a great thing, owning a bitcoin today will make you rich someday in the future. Bitcoin is a great investment for the future, and also thinking that someday, my children would also know about bitcoin.
But thinking a lot about it can also be vital for us as we do not know the future of bitcoins. We are saving our bitcoins and earning them with some hard work and saving them for our future so that our children can afford whatever they need is a good idea. Savings really work but only bitcoins should live until that.

Definitely we all know they bitcoins will live a long but also we should consider some dark sides so that we are ready to accept the losses. But for now we all can continue keeping ourselves busy in earning bitcoins and earning them for our future. All of us will have some good future with bitcoins in true future if we are really working hard to save them.



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October 31, 2017, 07:55:31 AM
 #582

It can be said that,bitcoin will survive even after 100years.So,in that sense you can save bitcoin for your next generation.The price of it may  reach to the highest place then.

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October 31, 2017, 08:18:18 AM
 #583

I don't really have a family of my own yet but I think bitcoin will be an easy way to send money for your children. As long as they have they're own paper wallet, android phone, or access to internet whete they keep their bitcoin. It will be an easy way for them to get money from you. It's like credit card, but you can control how much they spend. 
I don't generally have my very own group yet however I figure bitcoin will be a simple approach to send cash for your kids. For whatever length of time that they have they're claim paper wallet, android telephone, or access to web whete they keep their bitcoin. It will be a simple path for them to get cash from you
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October 31, 2017, 09:00:44 AM
 #584

I plan on storing as many bitcoins as possible for my successor's children so they do not have to struggle to get the money I have.
If I have children,I will teach them all about bitcoin and teach how to save bitcoin for later he also has children.
They also when they can master bitcoin he also began to earn money with his own work.


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October 31, 2017, 09:04:03 AM
 #585

I save Bitcoin for my family for my children's college tuition at a renowned university.

Because I believe the price of Bitcoin in the future will be very high in value.

A good and noble goal, I hope all can fit the plan, I also intend to make bitcoin as a future investment so that all needs can be met with bitcoin. now we have to dare to invest bitcoin because if we delay then we will be late.

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October 31, 2017, 09:20:34 AM
 #586

investing in bitcoin is interesting as price is getting higher each day, each month and year but yet on other point its risky because we dont know for sure what will be happen with this cryptocurrencies. Eventhough i heard that bitcoin will reach their mined coin by 2120 but we dont even know if bitcoin will still be online in some years.

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October 31, 2017, 09:26:59 AM
 #587

If you are already married you can tell the password etc. needed to access your bitcoin wallet to your wife. If you are dead then there is your wife who already holds everything to your assets, in the future if your child is big and can understand bitcoin, you can explain to be able to use bitcoin. It is so simple to apply that your assets in cryptocurrency can continue to run and will not die.

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October 31, 2017, 10:07:50 AM
 #588

Yes, I'm saving bitcoin for my family specially for my children for there education and future, and little by little I introduce them the crypto world for the preparation for how to handle the coins.
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October 31, 2017, 10:21:05 AM
 #589

I think it is smart to save some bitcoins for your children because then they don't have to worry in the future about money problems so they can life a happy life witch every parent wants that for their children.
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October 31, 2017, 10:58:44 AM
 #590

As a parent, we always want to protect our children and saving for them in any form is our gesture to support them in the future for their education or any requirement.



Saving Bitcoin for them, is a good idea, but with lots of risks involved as the currency is volatile. It may be paying good or maybe there is no return. That’s the reason people usually save for their children in safe instruments like gold, real estate, hard currency +++.



Saving in Bitcoin is the same as you save in other market linked investment. The amount of your saving will depend on the prevailing market rate at that time.


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October 31, 2017, 11:47:51 AM
 #591

Saving for our children is a good ideas, mostly wen saving bitcoin for them is very necessary and it is good for their future usage Like for their educational aspect and other requirements, by saving for them it will help to reduce more expenses from the parents. now that we are in digital world the wallet address and private keys can be stored in PC or in written document.
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October 31, 2017, 11:54:47 AM
 #592

As a parent, we always want to protect our children and saving for them in any form is our gesture to support them in the future for their education or any requirement.



Saving Bitcoin for them, is a good idea, but with lots of risks involved as the currency is volatile. It may be paying good or maybe there is no return. That’s the reason people usually save for their children in safe instruments like gold, real estate, hard currency +++.



Saving in Bitcoin is the same as you save in other market linked investment. The amount of your saving will depend on the prevailing market rate at that time.



Yes agree, as parents we have to do our best to family and children. bitcoin is a great way to get kids practicing about investing, I'll teach bitcoin investments to kids right away. because the financial future of the world is from bitcoin.
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October 31, 2017, 11:55:37 AM
 #593

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  think that's a good idea to save for our kids for the future so that we dont have to worry for the future because we have a saving for them and they are secure to the future also. So that keep bitcoin now from the future of our children.
I guess saving bitcoin today for ourselves is already for the future of our children, we can just transfer some bitcoin in other account for them but for now we can  save our bitcoin and our children are already include with our success. Who doesn't want that their children will have a brighter future? Of course all of us want that. So I think it is already understood.
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October 31, 2017, 12:08:44 PM
 #594

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
may we also save our bitcoin code or password for the future of our child but I also think if bitcoin is deleted or accessed what may we save we can give to our child, if I think investing bit by bit results in a real investment that is profitable and Its long term is safe

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October 31, 2017, 12:27:10 PM
 #595

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.
I don't have a children yet but its a good idea. also i'm thinking to create a bank account and save money for their future.

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October 31, 2017, 12:29:19 PM
 #596

dont think that im going to have a family but I'm saving bitcoins for my retirement :p
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October 31, 2017, 04:01:34 PM
 #597

i have already done that I'm sure that economy is really unstable and recessions can occur at any time the only solution to this is start saving now if no savings are done we can't surivive in thid world save as much as you can it will help you during hard times

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October 31, 2017, 04:12:20 PM
 #598

I think savings is we need in life even little by little i do that everytime i earn here for more secure and for incase of emergency in life i will always do that for my family to help them when we need like that i think family is life here in world so think their future while you can do that because we dont know exactly what will happen in the future

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November 01, 2017, 01:52:02 AM
 #599

I think if we keep our keywords correctly and record them in safe files and give full information to our child it is not a difficult thing, except if we keep it secret from our child then you fear it can happen.
so my advice when it comes to investing in bitcoin for our children, we have to give them precise and clear information to keep them in control.
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November 01, 2017, 02:30:40 AM
 #600

Isn't this the same as keeping your passwords for your banks, credit cards, online brokerages etc ?
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