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Author Topic: Saving Bitcoins for your Children.  (Read 12502 times)
superjeyy
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November 09, 2017, 02:39:46 AM
 #741

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.


This is actually a great idea. When I start earning enough Bitcoins, I would probably put a portion of it in another wallet  for the future or for my kids, just like how you did. With regards to the access to the wallet, maybe I'll have a family member or a lawyer to keep a hold of it until my child is right of age. Maybe there would come a time that wallets for family are made where you get connected to each other so you could easily wire in the Bitcoins to each of their respective accounts, who knows.

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November 09, 2017, 02:50:26 AM
 #742

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.

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November 10, 2017, 12:50:06 AM
 #743

That is a wise idea i'm also doing that because this method for you to leave them lots of money at the rear of and they may use later on if this maybe is worth a lot more they'll be pleased that you offered them this really is makes sense.
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November 10, 2017, 01:01:59 AM
 #744

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

Bitcoin investment is rather different from typical investments that involve proper documentation and contracts. In Bitcoin, all you have to do is keep those keys and passwords and seeds in a very safe place and then that would be all. If you forgot them, you will have to say your final good bye to them. I would advice that you save several copies in different locations and then teach your children how important they are. They must also contain specific instructions on how to claim.

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tmawheba
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November 10, 2017, 01:09:05 AM
 #745

I really appreciate you for the planning of saving for your children future that also in bitcoin is great idea. If you look into the track record of the bitcoin for minimum three year the rate will prove you that how much profitable return bitcoin has generated so there is prediction that bitcoin is going to touch big heights. So un doubtfully and with full of confidence you can invest in bitcoin for your children future.

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Awan Awan
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November 10, 2017, 01:09:29 AM
 #746

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.

Its good to know that many people thinking of their children. Its good planning.
I also try to start this for my children. I prefer to save in private email that i dont ever use the email yo do something and only for saving very important note.
monkeykiss21
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November 10, 2017, 01:22:44 AM
 #747

This is really a good idea for all of us here in this community. We all know that bitcoin will boom in the nearest future we will take. So the thing we should do now is to save money for the next generations. And by the year it will boom, they will have many money.


In this bitcoin society, the good idea that was really take go run for the next generation is to save money just for the kids,for the best future they need too,.It wil take good care for the best reason.Bitcoin for me is a good investment that really encouraging me to join..that's because of the true value of profit to have.

gambitcoin53
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November 10, 2017, 01:29:15 AM
 #748

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
[/quote]

you can store it in any hard drive or usb with passwords protected, or you can save it to a specific cloud drive that have a password to another hard drive where it is written, sort of a treasure hunting for your kid, that would be fun, a storage that leads to another storage, maybe 3 storage is enough for your kid to explore.

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LTCendmanagement
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November 10, 2017, 01:32:07 AM
 #749

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.

It's really a very brilliant plan, maybe I'll try it later Because bitcoin is a very valuable asset.
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November 10, 2017, 01:40:08 AM
 #750

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

In saving bitcoin for your children is very intelligent thing that you can do for your children. And it will become very very useful because the bitcoin price is increasing and if you now save bitcoin sooner or later it will become so very very big amount. And if your children can understand a business, I suggest to you to tell them about bitcoin. So that if the time will come, they will know how to handle money in a good and easy way.

wormgummy019
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November 10, 2017, 01:53:34 AM
 #751

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

In saving your bitcoin for your children is a good way to have them a better future. 'Cause we know that bitcoin have a many thing or ways to earn money in easy ways. Like investing, trading, payment, or other thing that you can do with bitcoin. So if you have now a bitcoin, seek information on how your bitcoin increase. Make sure that if you use your bitcoin, it will increase not decrease and also it will not gone. Because everybody want bitcoin, because bitcoin can be the way to have a good life and your dream come true.

bitzizzix
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November 10, 2017, 02:11:09 AM
 #752

This is really a good idea for all of us here in this community. We all know that bitcoin will boom in the nearest future we will take. So the thing we should do now is to save money for the next generations. And by the year it will boom, they will have many money.
the future of the child is so important that his future is good and his needs met, bitcoin can help him but not guarantee the future. I think because we do not know what will happen later and we can not predict it, bitcoin bitcoin always increase and rise but what always is that, it's good some bitcoin we sell at the right time and the money in the tube for the future of the child, all to keep it in vain ..

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November 10, 2017, 04:40:51 AM
 #753

Steam taking btc is a fairly step and did not modify the discussion board market so much but it did affect the bitcoin community a little bit.I think this move managed to get so that more people are using/know of bitcoin now. If amazon . com would do that as well it might assist a lot.
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November 10, 2017, 07:37:52 AM
 #754

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
Bitcoin will be a good savings in the future. No one can be sure how much it will cost tomorrow. I trust this money, so I will save some for the future and wait for it to rise even higher.
Yes one must save the Bitcoins for his future generation because it is expected that the total currency of entire world is going to be converted into the form of digital Assets and all financial dealings are expected to move towards the use of Bitcoin. Bitcoin being the most valuable digital currencies should not be ever spent for meeting daily needs.

If one would actually save them today then obviously it is going to pay him well off in future and also can cause the upcoming generations to live a luxurious life effortlessly.

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November 10, 2017, 11:58:58 PM
 #755

I suggest invest your extra money only to bitcoin because even bitcoin have big future they have possible the price decrease so be acreful. Its better if you have money for your children in bank. Because what if you have bitcoin and you save it for your children and the price decrease and die your money for children has gone. So its better if you have money in bank and bitcoin.

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November 11, 2017, 12:41:05 AM
 #756

I think Saving Bitcoins for your Children is a better way of thinking for their future and even I don't have yet children, I use to save my bitcoin for my dream house and maybe if I'm ready to have a children that's the time I'll gonna use it.

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November 11, 2017, 12:44:56 AM
 #757

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
Actually i dont get a btc for now to save btc for my children and until now i dont have children because i'm still a student but that is a good idea that will give me an idea to hold and save my bitcoins not for now but for the future.

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November 11, 2017, 03:44:39 AM
 #758

I suggest invest your extra money only to bitcoin because even bitcoin have big future they have possible the price decrease so be acreful. Its better if you have money for your children in bank. Because what if you have bitcoin and you save it for your children and the price decrease and die your money for children has gone. So its better if you have money in bank and bitcoin.
I agree with you, always invest extra money or the money that you can afford to lose rather than investing most of your money into bitcoin and other type of investment. If you really want to be safe then that is the right thing to do but if you are living by your own and nothing much responsibility then putting money in bitcoins is the best.

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November 11, 2017, 03:46:48 AM
 #759

I think Saving Bitcoins for your Children is a better way of thinking for their future and even I don't have yet children, I use to save my bitcoin for my dream house and maybe if I'm ready to have a children that's the time I'll gonna use it.

This can be a great process for the future by making bitcoin a savings account for children. Wink

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November 11, 2017, 03:54:06 AM
 #760

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
If I have money I will buy bitcoin for saving because I want to have a money for the education of my baby. I believe of the valuable price and value of bitcoin someday. I join signature campaign here and some bounty campaign in order to earn more bitcoins and save it for a long time.

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