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Author Topic: Saving Bitcoins for your Children.  (Read 23819 times)
SirWilliam
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November 13, 2017, 04:23:00 PM
 #841

BTC is an excellent investment right now. Obviously when it has passed 100k it might be time to diversify a bit and buy some real estate, bonds and other assets with the profits so you can guarantee your children will inherit the value in some form, regardless of what happens to the economy or BTC.
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November 13, 2017, 04:32:26 PM
 #842

You could perhaps print a paper wallet and put it into a safety deposit box that your loved ones may have access to in case you pass away. It is very important to back it up.

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November 13, 2017, 04:34:50 PM
 #843

In saving bitcoin for your children it's all about seeds and passphrase. Bitcoin is virtual so you can only store it virtually. Paper wallet exist so which ever one you decide to use you will have to safeguard it yourself.
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November 13, 2017, 05:54:03 PM
 #844

It's a matter of sorrow that i don't have any btc.As soon as i get some i will save them for my children and also i will invest some for my children
I think it’s very good idea to save bitcoin for your children as people are going to save bitcoin for his future so simply we can save it for our children as well because in coming time education is going very expansive and bitcoin can play a very big role at that time so these children’s can use these bitcoin for the future and it can change their life.

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November 13, 2017, 06:39:13 PM
 #845

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.
This is the right thing to do, you need to take advantage of the chances you are given, can you imagine having the chance of investing in microsoft when it was just starting or other big business like that, that is the opportunity we have right now with cryptocurrencies and I’m not going to let go of this opportunity since in 5 or 10 years we are going to see many people in the forum that became millionaires that joined in this year.
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November 13, 2017, 10:15:08 PM
 #846

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 l want to save bitcoin for my kids. I can't save now because l have so many debts to pay but afterl've paid this l will set aside for my kids future.l really need to divide my earnings so that I can separate for the future of my kids. I want also my kids experience to buy what they want because they never have it yet. My earninhs is not enough it's just for our foods.But. now I found bitcoin to meet the needs of my family that will give a better future for us.

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November 13, 2017, 10:21:27 PM
 #847

every person here save money for future of his/her children.
it's like a normal thing
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November 13, 2017, 10:25:34 PM
 #848

It's a matter of sorrow that i don't have any btc.As soon as i get some i will save them for my children and also i will invest some for my children
I think it’s very good idea to save bitcoin for your children as people are going to save bitcoin for his future so simply we can save it for our children as well because in coming time education is going very expansive and bitcoin can play a very big role at that time so these children’s can use these bitcoin for the future and it can change their life.

I'm now saving bitcoin for them and I'll also teach them how to save bitcoin in their personal wallets whose privat keys are belongs to them. We all need to do this for their own benefits.
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November 13, 2017, 10:52:48 PM
 #849

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
I have save bitcoins for my children because I want them to support for their future and I believe I can be profited with bitcoins than to pay for an educational plan which is not sure if we can enjoy in the future. What I did was I printed out a wallet paper from my wallet and I have kept it. Whenever I have earned bitcoins I save it in my wallet and that's all I can say.
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November 13, 2017, 10:53:35 PM
 #850

If ever I can already start earning bitcoin I will save bitcoin for my future especially if I already have children.I will save small amount of bitcoin in my wallet every payout so that I have a savings for the future of my children.I really believe and I know that with bitcoin I can achieve my goals in life which is to get rich.
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November 13, 2017, 11:06:19 PM
 #851

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
I have save bitcoins for my children because I want them to support for their future and I believe I can be profited with bitcoins than to pay for an educational plan which is not sure if we can enjoy in the future. What I did was I printed out a wallet paper from my wallet and I have kept it. Whenever I have earned bitcoins I save it in my wallet and that's all I can say.
Savings of bitcoin is a good starting to plan the future of your children. I think it is not hard if you save 50% of your income in bitcoin, especially if you are a employee.
Because if you save bitcoin you can assure that your money in this job will earned a lot due to continues increasing of bitcoin value in the market.

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November 13, 2017, 11:20:28 PM
 #852

Pretty smart to leave bitcoins for your children because that will make them rich and they don't have to worry about taxes or anything. But maybe it will be for nothing because bitcoin may always go down and maybe another coin will become important.


Bitcoin  has a big future ahead and other cryptocurrencies i think has a long way to go if they want to overcome bitcoin. Yes, it is possible but i don't think it won't happen in the near future. Much better if we earn our bitcoin and save it for the future of our family.
I am indeed believe that bitcoin has a huge future kind of cryptocurrency. And speaking of a better future it is not bad to start save bitcoin for our children, for our future. Either it will make us rich soon or not, I would prefer to start saving bitcoin for some personal reasons. Though bitcoin value was inconsistent well I still believe it's potential to make the life of my children easier.

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November 13, 2017, 11:46:00 PM
 #853

Pretty smart to leave bitcoins for your children because that will make them rich and they don't have to worry about taxes or anything. But maybe it will be for nothing because bitcoin may always go down and maybe another coin will become important.


Bitcoin  has a big future ahead and other cryptocurrencies i think has a long way to go if they want to overcome bitcoin. Yes, it is possible but i don't think it won't happen in the near future. Much better if we earn our bitcoin and save it for the future of our family.
I am indeed believe that bitcoin has a huge future kind of cryptocurrency. And speaking of a better future it is not bad to start save bitcoin for our children, for our future. Either it will make us rich soon or not, I would prefer to start saving bitcoin for some personal reasons. Though bitcoin value was inconsistent well I still believe it's potential to make the life of my children easier.

After the latest dump in btc and pump in bcc only makes worry that very soon their will be something big going to happen so who ever holding btc should be safe
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November 13, 2017, 11:49:21 PM
 #854

Pretty smart to leave bitcoins for your children because that will make them rich and they don't have to worry about taxes or anything. But maybe it will be for nothing because bitcoin may always go down and maybe another coin will become important.


Bitcoin  has a big future ahead and other cryptocurrencies i think has a long way to go if they want to overcome bitcoin. Yes, it is possible but i don't think it won't happen in the near future. Much better if we earn our bitcoin and save it for the future of our family.
I am indeed believe that bitcoin has a huge future kind of cryptocurrency. And speaking of a better future it is not bad to start save bitcoin for our children, for our future. Either it will make us rich soon or not, I would prefer to start saving bitcoin for some personal reasons. Though bitcoin value was inconsistent well I still believe it's potential to make the life of my children easier.
I believe the high potential of bitcoin towards life's improving of anybody that truly believe in it. Bitcoin  has a high potential when it comes to provide a good source of income and it is also a good investments today. And speaking also of having a saving of bitcoin for our children would be a good idea.

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secdark
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November 13, 2017, 11:50:11 PM
 #855

Pretty smart to leave bitcoins for your children because that will make them rich and they don't have to worry about taxes or anything. But maybe it will be for nothing because bitcoin may always go down and maybe another coin will become important.


Bitcoin  has a big future ahead and other cryptocurrencies i think has a long way to go if they want to overcome bitcoin. Yes, it is possible but i don't think it won't happen in the near future. Much better if we earn our bitcoin and save it for the future of our family.
I am indeed believe that bitcoin has a huge future kind of cryptocurrency. And speaking of a better future it is not bad to start save bitcoin for our children, for our future. Either it will make us rich soon or not, I would prefer to start saving bitcoin for some personal reasons. Though bitcoin value was inconsistent well I still believe it's potential to make the life of my children easier.

After the latest dump in btc and pump in bcc only makes worry that very soon their will be something big going to happen so who ever holding btc should be safe

I think bcc will going to.loose its value later on because now the demand of bcc is really high after the hard fork and there are a lot of traders that getting profit from it because it is really profitable right now because of its market value. Holding bitcoin in the future it will be fruitful

athanz88
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November 13, 2017, 11:51:00 PM
 #856

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

Wow i was thinking about this thing too, but back there with only fiat currency, but with bitcoin, wow this is new.
I guess saving bitcoin for your children is a good way, since bitcoin is a strong system that can last long, and the price of it fluctuate so well and has many ups. in shorter word, it is a great investment for your kid.
What you need to do is of course buying some bitcoins and store it to a wallet that you make specifically for you children.
There are so many ways to make it, but because this is a long term investment, i guess you need the best security you can get, which is, in my opinion, is a hardwallet.
Hardwallet is a wallet device that store your bitcoin in an offline mode, usually a device. It is easy to use, but can secure your bitcoin at top level, as your bitcoin is stored offline if you didnt connect it to a ny online hardware. There are 3 popular hardwallet right now, Ledger Nano S, KeepKey, and Trezor. I  cant recommend to you which one to use, but you can read their review to understand it. Better use it to make your investment for your children at best level of safety.

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November 13, 2017, 11:51:41 PM
 #857

Saving bitcoin was a big help not only for children but for my whole family because right now im single and im saving bitcoin for my parents and bitcoin was a big help for me because before when i didnt know this my salary was not enough but when i started earning here in bitcoin i can provide all what they want so that bitcoin was have a big help for me and for my family.

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November 14, 2017, 12:07:29 AM
 #858

Saving bitcoin was a big help not only for children but for my whole family because right now im single and im saving bitcoin for my parents and bitcoin was a big help for me because before when i didnt know this my salary was not enough but when i started earning here in bitcoin i can provide all what they want so that bitcoin was have a big help for me and for my family.
Yes saving bitcoin is not only for children but also for our self and for our whole family that are going to benifit with. I'm also single and the idea to start a savings of bitcoin is not out of my list, actually I'll prefer to start to save and make investments of mine in bitcoin and also having own business soon with the help of bitcoin.

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November 14, 2017, 06:11:50 AM
 #859

Saving bitcoin was a big help not only for children but for my whole family because right now im single and im saving bitcoin for my parents and bitcoin was a big help for me because before when i didnt know this my salary was not enough but when i started earning here in bitcoin i can provide all what they want so that bitcoin was have a big help for me and for my family.
Yes saving bitcoin is not only for children but also for our self and for our whole family that are going to benifit with. I'm also single and the idea to start a savings of bitcoin is not out of my list, actually I'll prefer to start to save and make investments of mine in bitcoin and also having own business soon with the help of bitcoin.
That is great because piece by piece or step by step you are now getting into your goals and plans for the future and that is because of bitcoin which is great because bitcoin only prove that anything is possible for a person who got a lot of determination. As long as you can, just hold your bitcoin and don't think for selling it because the opportunity are always in your bitcoin so just keep them until the time will come that the price already made you satisfied.

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November 14, 2017, 06:29:12 AM
 #860

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

I'm sorry friend but today, you don't have a lot of choice to begin with but opting for a paper wallet is as good as having your bitcoins insured for your heir. You can at least make sure when you print that paper wallet, it's safe and maybe hidden from a lot of people and only your offspring has access to it.

My reply sounds like a fantasy movie. LOL.  Cheesy

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