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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
AwesomeBeauty
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November 05, 2017, 07:36:28 PM
 #681

i am not just conserving bitcoin in my kids however i also saving some altcoin for them simply because you never know a number of altcoin will remain when my children grow up and have their own existence. i think it will be better if we can give something that might be useful to them and they can use the cash for better life. i believe its advisable if we put together from let's focus on our kids simply because no-one can forecast what will happen later on and i known as this like a avoidance for some thing poor that could be happen.
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November 05, 2017, 07:37:28 PM
 #682

That is quite a brilliant idea there sir.
mabell943
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November 05, 2017, 07:38:59 PM
 #683

its good to save your bitcoin for your children in the future because bitcoin will increase the value after a few year so you will increase you money to for you childrens
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November 05, 2017, 07:53:43 PM
 #684

I think this is a well thought idea to invest in bitcoin for our children, that is my major plan towards achieving financial independent in the future, the price of bitcoin is increasing daily buying and holding it  will serve as fixed asset for my children.

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November 05, 2017, 08:17:27 PM
 #685

It`s rather good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education  Smiley

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November 05, 2017, 08:29:58 PM
 #686

I would rather keep cash for my children rather than Bitcoins. Because, who knows? Maybe my child wont be interested in Bitcoin and then I would waste my time hoarding Bitcoins he/she wont use and because I was saving Bitcoins I would not have any cash. You have to first get your child interested and make sure it will use it so it wont 'spoil'.

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November 05, 2017, 08:32:36 PM
 #687

I think we are doing these days the hard work of being the pioneers in this emerging world of crypto coins. It is always important to leave a heritage for our children, but I think we should not wait too long to share with our children and our loved ones the economic benefits of our efforts in this market. You have to save some bitcoins for thier inheritance, but you also have to invest today in thier education and well-being.
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November 05, 2017, 08:37:26 PM
 #688

Personally I like this kind of thinking about saving money for a long term investment. It is really a good idea to have the cryptocurrencies mentality and why not to inhert it to whom comes next. But are you sure that Bitcoin (or any other crypto) will lasts until your children are born. The studies shows that crypto in general will disappear in few years (they do not know when exactly) but why not start saving for a long term but if it is down you should know when to sell.
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November 05, 2017, 09:20:26 PM
 #689

Personally I like this kind of thinking about saving money for a long term investment. It is really a good idea to have the cryptocurrencies mentality and why not to inhert it to whom comes next. But are you sure that Bitcoin (or any other crypto) will lasts until your children are born. The studies shows that crypto in general will disappear in few years (they do not know when exactly) but why not start saving for a long term but if it is down you should know when to sell.

Same here, i'm saving for myself and family and not just the kids. Bitcoin us huge and getting bigger by the day and so i think its just make sense to try and save as much as you can in order to stand a chance  for a better future with it.
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November 05, 2017, 09:33:32 PM
 #690

Personally I like this kind of thinking about saving money for a long term investment. It is really a good idea to have the cryptocurrencies mentality and why not to inhert it to whom comes next. But are you sure that Bitcoin (or any other crypto) will lasts until your children are born. The studies shows that crypto in general will disappear in few years (they do not know when exactly) but why not start saving for a long term but if it is down you should know when to sell.

Same here, i'm saving for myself and family and not just the kids. Bitcoin us huge and getting bigger by the day and so i think its just make sense to try and save as much as you can in order to stand a chance  for a better future with it.
This is why we are on this forum because we do really wish to get some huge decent profits or money on bitcoin or even on altcoins which we can pass on our family or loved ones once we passed on this world.It is really worth to save up either bitcoin or some altcoins but yet its not really guarantee that it would last but somehow we can able to see the possibilities.



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November 05, 2017, 09:44:52 PM
 #691

I will definitely be saving some. I heard that Hal Finney put his private keys in a safety deposit box.
pia19
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November 05, 2017, 10:05:09 PM
 #692

I think there is nothing wrong with that. In fact, I think, every savings whether in fiat cash or crypto currency like BTC  is a good decision. I'm also planning that in near future for my daughter. It's better if you will save in different crypto currency, not just BTC, to maximize your savings potential. Also, don't save  your all your money in BTC, always set aside for fiat cash in banks.
calandra78
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November 06, 2017, 04:13:57 AM
 #693

ideas to save our children's children for bitcoin later it is very nice but we can't keep it too long but we can only hold in some period of time to ourselves. If we want to save something for our children that is money we are releasing bitcoin and store it in the form of money in the bank it will be better. or you can follow the investment results can be enjoyed by you in the future at a later date.
 
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November 06, 2017, 04:28:13 AM
 #694

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 am also setting aside an emergency Bitcoin fund that will most likely go to my future kids.  I don't have any at the moment but hopefully that will change soon.

Bitcoin is an excellent investment and I am sure the price will sky rocket in the coming years.  Smiley

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November 06, 2017, 04:34:14 AM
 #695

It will be a good idea to help our children life in the future, we can save a little bitcoin to help our kids when they need help in the future. But we should carefully consider bitcoin may not survive for long in the future so we should exchange bitcoin into fiat money.

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November 06, 2017, 04:44:28 AM
 #696

I think investing in bitcoin as a stock for children is very wise idea. Because, investment we do goes without any party intervention and privacy is very awake. And bitcoin values continue to increase over time.

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November 06, 2017, 05:04:06 AM
 #697

I think investing in bitcoin as a stock for children is very wise idea. Because, investment we do goes without any party intervention and privacy is very awake. And bitcoin values continue to increase over time.

Yes, you secure their future with it because the kids are our future and so having their backs  for tomorrow through investments like bitcoin is a laudable idea that will inure to the benefit of yourself , family and kids.

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November 07, 2017, 02:22:13 AM
 #698

i will invest in property or gold than in bitcoin. because i dont know when bitcoin still exist.
in property or gold, every year the value will increase. and they have form.
in our country bitcoin not accepted and i dont it can be invest for long time or not. except the government give clarity of bitcoin

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November 07, 2017, 02:24:00 AM
 #699

I save some small amount of BTC in a wallet. I know that in future bitcoin will be the strongest currency in the world.It's price will be the sky high. And I want that my children do something with this bitcoin. They can do any business or they can help the poor people in our socity. Thank you Cool

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November 07, 2017, 04:44:33 AM
 #700

While you said that there are different types of investment that you can do for your children and there will be strong legal evidence to prove it and nobody can grab what fit in with you as lawful record.I feel it as being a good idea to make expense for kids in btc but kids these day are internet savy i really hope they'll discover it fast and if you child is too small to understand about btc its better you save the documents as document wallet and keep it secure in a bank locker or some secure lockers in your house however, you write down a will record declaring your possession and hands it to a person trust worthy if some thing happen to you all of your cash goes to your child and save them in paper wallet when its time your child will comprehend the value of btc and will have a safe education and future.
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