Saving Bitcoins for your Children.

[Activitycoin]

One of my major aim is to start saving bitcoin for my children, going by the speculations of prices of bitcoin reaching $10,000 in few years to come  this will serve as a huge investment and insurance and I am also planning to educate my children the  basic elementary information they needed to know about bitcoin.

Yes indeed it’s a very good idea for children’s to save bitcoin because it’s an a very good asset and some people are saving it for them salves because bitcoin give a lot profit in trading or in investment and some of them have started their business just because of bitcoin and I’m quite sure for children’s it can really help to the parents.

[blockman]

It's like inheritance for our children, nothing bad if we will help them to save for their future. But don't mention it to them that we've got something for them with bitcoins that's saved for them. We know that kids are quite naught and if they know that there is something for them, they'll totally be confident and will use that money for sure. Teach them while they are children that bitcoin will be the future of money and investments but as I said, don't let them know that you have saved bitcoins.

It can serve as a surprise if our child is old enough. I feel happy if I can see my child can live happily because they can get what they want. In the future Bitcoin could have a high price value and this could make us call bitcoin a treasure. and do not forget to explain how to open an account that we have, maybe I would be more confident if storing it in an offline wallet, so we just save the confg file and tell the password in a piece of paper.

Yes it may serve as a good surprise when they get older but just don't really get excited to tell them. No one wants to see their child living in miserable life and having a lot of struggles dealing with financial matters that's how parents are living for their children. I'm not yet a parent but I know on how the feeling of a parent because I felt it on how they raised me up until now I'm with them. But they didn't showed me any assurance that I will have a good life depending on them. Explanations can be easy when the right time comes.

[owengtam09]

It is good that we are thinking tge future of our children. But I also think that our own savings is also enough for our child/children since I think that, that is also the same. Our money is also their money too, we save for them and we save for their future purposes. Savings bitcoins for our children will be a good way to earn since we all know that bitcoin is increasing its value.

[ucok_aball]

I do this invesment now for the future and my family and my children to.cause so many people invest they money in bitcoin and they no poor because of it...

yes those who invest their funds to bitcoin and do not get poor because they know how to invest in the right bitcoin and can make them rich

[procryptoguy]

Saving bitcoins to your decendence might be a very smart move if you are already providing enough money for yourself to have a decent life , but i don't think that the inflation problem will stay forever and it might be corrected rather sooner than later to ensure a stability among bitcoin users . So you should start executing your plan in order to get as much profit as possible .

I donot think this will happen ever ,cause the price are not stable for 9 years and it will not be in future.
So yeah if we keep saving a littile bitcoin for our next generation it will be great for them when they grow up.
and I really hope by that time bitcoin will be 50000usd.

[katiecbell]

We can give our physical property but what about virtual thing.will they be satisfied
So you have to make hardware wallet like pendrive and give it to him

It is very wise planning that each parent are thinking  about their kids so keeping some bit coin for the sake of the future of your kids because with passage of time the expenses of your kids are increasing for example their education expenses as well as they need a wide house for the so I appreciate to keep some bit coin for their future.

[jer]

I also consider bitcoin as a way to ensure my future and the future of my children. And while everything goes as planned - the price of bitcoin is growing, the prospects for its use in the world are also encouraging. I think we made the right choice by investing in bitcoin now.

[taiwww]

Bitcoin itself is future currency and I think we can really make the future bright with it. Saving it for our children is like making them rich already as the price of bitcoin will rise to very very high in the near future. We can say that bitcoin is asset for store value in which we can put our real job money today and let it grow automatically with time to come.

The superior thing about the bitcoin is it’s always growing and will never stop due to its increasing popularity in the market. With that said I believe we can really secure their future. So let’s invest and grow them systematically.

[mel1978]

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.

I started to save bitcoins for my children and what I did was I have made everything to be secure. I print white paper and secure the private key of my block chain wallet so that someday I can easily update and open it. I am telling my children also about what bitcoin is and how to earn on this so that they can manage to look for an easy thing to do that earn them.

[kriticko29]

That is one smart thing to do mate. We don't know what the future holds for bitcoin but it is just to save some for future purposes. Make sure that someone on your family or the one you trust the most knew the details of your wallet so for bad time comes. They can still access your savings for them.

[VeroBTC]

i never thought about it.
i will save in money for my children than in coin. because i dont know bitcoin will survive or not (i wish always exist here)
but i will always use bitcoin and altcoin to earn my income. and teach my boy later on

[Hypnosis00]

Instead of saving bitcoins for our children, we should teach them how to save their own money and if they are willing to learn how to do or work in bitcoin then we should not hesitate them to learn it because that is the only way that i know how our children will realize the things in life that they cannot get it instantly because they need to work for it and put a lot of time and effort before they get it.

[Daniel91]

I'm not sure it's good idea.
Everything changing very quickly on Internet.
It is impossible to predict how the situation with bitcoin will develop in the next 20, 30 or 40 years..
Some very rich people, like Bill Gates, didn't give money to their children but knowledge.
We can learn something from it.

[kingntking]

Saving money is really worth the money. Because it is available to you when needed. If I'm you will save you bitcoins in a wallet that you hold your private key. Because this is the only key to unlocking it. Please print your private key details. In case your accident has been cleared, you have a copy of it.

Every person wants a secure and prosperous future for their kids and I think bit coin has the capability to secure their future so it is appreciable if a person saves some of bit coin for the sake of the future security of their kids.

[vegethegreat]

In bitcoin Bitcoin, its either you will earn or you will lose. If you are preparing for the future your children better look for other investment which is more safe, secure and has binding agreement.

[Clover_Faith]

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.

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.

[monir34]

It's great idea to saving Bitcoin for my children. Better then save from bank. There is not profit much if I save bank. But if I save Bitcoin now it will better for my children.  I will start save now Bitcoin. It's really great idea. If I save a litle amount monthly it will become big after some years. I will suggest also every body . Start saving Bitcoin now.

[kinzey]

It's like inheritance for our children, nothing bad if we will help them to save for their future. But don't mention it to them that we've got something for them with bitcoins that's saved for them. We know that kids are quite naught and if they know that there is something for them, they'll totally be confident and will use that money for sure. Teach them while they are children that bitcoin will be the future of money and investments but as I said, don't let them know that you have saved bitcoins.

Yes it is good to expose the children to bitcoin as this can be the new norm in their generation and I also agree that we dont have to tell our kids that we save up for them, if and when we have the capacity to. As much as possible its good to train our kids the value of money, rather bitcoin in this case and we don't want them to feel privileged enough for them to not work hard in the future if they knew they have something which can provide really great value in the future. 

[Dava.Dina]

I do not know how long the bitcoin will last, but I'm sure that bitcoin can make my son rich, and with that I now try to teach Bitcoin, because I believe Bitcoin is good if taught to my son...

[AicecreaME]

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.

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.

Agreed it's a great idea only if bitcoin continue to go up for the next years and is probably will happen since bitcoin's popularity hasn't reach everyone yet so once it hits then all the holders of it will probably became rich someday that is enough for your children and for a future business for you that is if bitcoin continues to go up.