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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
garuda45
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November 07, 2017, 04:47:13 AM
 #701

It depends how old you are. Probably if you will safe 1 bitcoin for your children and let us think that its gonna be in 10 years, probably it will get you lots of money.
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SLaPShoCk
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November 07, 2017, 04:57:29 AM
 #702

I would probably save at least 1-2 bitcoin for my children each, put it in a hard wallet and put it in a safety deposit box.
They can access to it for 10-20 years hoping that bitcoin still exists.  Grin

valentine401
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November 07, 2017, 05:18:23 AM
 #703

Yes we always think good for the future of our children.and saving bitcoin is the best thing we can do Kiss
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November 07, 2017, 10:19:31 AM
 #704

I think it's a good idea, saving some bitcoins for the child's future.
I also want to be like that in the future. When children want school or other purposes just use bitcoin.

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November 07, 2017, 05:47:53 PM
 #705

It can be a very good idea to saving bitcoin for children. But sometime it is risky because if the wallet is not kept in safe place if could have stolen. But if u hold it in a safe place it will be a great for your children. But u have to more carefully.
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November 08, 2017, 02:49:54 PM
 #706

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's a good idea, i will save some fraction of bitcoin every month and later i will give it to him, but i'll probably use some of that bitcoin to buy my childrean a house first as the price of real estate in this country increases so much every year.

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November 08, 2017, 03:06:09 PM
 #707

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's a good idea, i will save some fraction of bitcoin every month and later i will give it to him, but i'll probably use some of that bitcoin to buy my childrean a house first as the price of real estate in this country increases so much every year.
well if I knew things like this will happen I rather save all the btc that ive got before and save it for my future family I once then being a easy go lucky
guy and I just spend my earnings to enjoy my life but seeing how bitcoin worth now I think I will take everything and I will save from now on.

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November 08, 2017, 03:18:29 PM
 #708

I think it's good saving bitcoin for our next generations. As long as the rate still good until our last day. But if someday the value below our hope, maybe better to change it to other more valuable investments. CMIIW Smiley
Byatt
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November 08, 2017, 03:35:47 PM
 #709

It would be a nice idea to save bitcoins for your children.  I do believe it will still rise up high and when that time happen, withdraw some profit and store it in a secure bank.  Spreading it secure account and invest some of it again, so when the time the prices would go low you don't have to worry about it because you save some already.
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November 08, 2017, 03:38:27 PM
 #710

This is a very good idea for those who are intact in bitcoin until having a family. Saving bitcoins for children and also for their future needs. Giving them the right amount will help them to their needs.

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November 08, 2017, 03:41:01 PM
 #711

I have two childrens,i want to make them rich.bitcoin is increasing very well and it is good asset.i want to buy the bitcoin to my kids future,and i will make my wallet highly secure.
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November 08, 2017, 03:56:47 PM
 #712

Saving for your children in the form of bitcoin is nice and a good idea, but what if bitcoin loses its value?

I believe in bitcoin too, don't get me wrong, but there is always the chance of this happening. Best would be to spread the risks and get different coins and also some actual money and stocks.
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November 08, 2017, 03:58:32 PM
 #713

that's a nice and smart move from you, props to you.
Saving something every months (fiat, btc) for our childrens it's the best way to give them something to start with, you never know what's the future holds and if now we are able to save something that's something that everyone should do, think about our childrens!

I would buy an hardware wallet in a security box in a bank (or hidden somewhere safe aka fireproof, waterproof, dustproof, etc.etc.) with the instructions and give all the details to another trusted person, that's it.
Yes thats a good idea in using bitcoin. Saving for your futurre and for the sake of your family. Saving it on your children is a good way of using bitcoins. Youre earning here because you have a goal and purpose and that is to give a good future for your family.

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November 08, 2017, 04:00:56 PM
 #714

I actually do have a friend right now who is currently doing this thing(he's been on the industry since 2012 and one of the believers. Currently  he has 2.7 bitcoin on a cold wallet. Which is also constantly growing. He also said that hwhen his son will be on the right age he will then start educate it

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November 08, 2017, 04:07:42 PM
 #715

that's a nice and smart move from you, props to you.
Saving something every months (fiat, btc) for our childrens it's the best way to give them something to start with, you never know what's the future holds and if now we are able to save something that's something that everyone should do, think about our childrens!

I would buy an hardware wallet in a security box in a bank (or hidden somewhere safe aka fireproof, waterproof, dustproof, etc.etc.) with the instructions and give all the details to another trusted person, that's it.

How often can you access a security box at a bank? Is this a feasible option for someone who regularly adds BTC to their wallet? I'm new to investing and currently just on an exchange and looking into more secure options.
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November 08, 2017, 04:09:40 PM
 #716

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's definitely save bitcoin for my child's future I keep some in bitcoin of course password and everything related to bitcoin I save in a very safe place some of it I exchange with savings in the form of official money in my country or I deposit money that is if in my opinion

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November 08, 2017, 04:17:06 PM
 #717

You may save bitcoins for your children but don't forget to also save real money for their future.
I dont have yet children, so i am saving bitcoins right now for my family and for my dreams, i am student that dreaming to be rich enough using bitcoins, so my future and my family future is bright, i am working hard to earn money to help my parents for house expenses and i am saving bitcoins to build a small eatery for may mama.

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November 08, 2017, 04:17:53 PM
 #718

this would probably be a very good idea. because in this way, indirectly, we can store the bitcoin we have in the long run. in addition, you can also exchange the bitcoin you have at any time, but with the purpose for the child.

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November 08, 2017, 04:25:43 PM
 #719

This is really a good idea. I think the suitable time for saving Bitcoin is about 5 years. If you save longer, it is risky.

                                                                               
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Tahsin Kabir Kollol
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November 08, 2017, 05:18:37 PM
 #720

Saving Bitcoins for your children is a really good idea for secure their future.Bitcoin is a well-established cryptocurrency and Bitcoins price is expanding gradually.Those people who saving bitcoins at the beginning, they became rich.If you want to save bitcoins for your children, it will better then any other deposit.So you can be saving bitcoins for your kids bright future.

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