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Author Topic: Saving Bitcoins for your Children.  (Read 12492 times)
Boov
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November 13, 2017, 11:20:28 PM
 #861

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, 11:41:45 PM
 #862

I probably misunderstood you but you can make paper wallets and put them into your safe deposit box at your bank and if something will happen one day your children will have access to your safe deposit box and will come into possession of them. If only you know where the keys of your wallet are and something will happen to you then the coins are lost as the bitcoin system isn't governed.

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November 13, 2017, 11:46:00 PM
 #863

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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KesoNie
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November 13, 2017, 11:49:21 PM
 #864

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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November 13, 2017, 11:50:11 PM
 #865

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


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November 13, 2017, 11:51:00 PM
 #866

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
 #867

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
 #868

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
 #869

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
 #870

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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November 14, 2017, 06:37:57 AM
 #871

Its a good idea to saving a bitcoin for your children to help from to help with their education.Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash.

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November 14, 2017, 08:02:57 AM
 #872

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.
Yes this can be proved very helpful. Bitcoin is the most promising currency ever and is providing good chances for earning money. It is quick and easy and do not require any conditions, all just needed is to believe in yourself, make investment and be patient for the profit. When you get your profit either reinvest it r make some property of it for your children.

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November 14, 2017, 08:06:11 AM
 #873

Indeed a good idea because this is our future and saving some bitcoin for my future child will help them grow secure financially. I will work hard on this one to accumulate more bitcoin for the future of my family and also for the future of my children, Bitcoin offers great opportunity to make this happen.

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November 14, 2017, 06:16:07 PM
 #874

The name is deceitful lol, bitcoin is my entire life saver since bitcoin for me is really a supply of income before i had been just searching the world wide web and merely scrolling down set up on fb i then observed a post that shows bitcoin it really is a group in fb so i ask for to participate in their team and subsequent ive became a member of i've comprehend a lot of methods to make bitcoin but this techniques are only mini revenue so i was not earning a lot so ive made a decision to look for additional methods right until i located bitcointalk in front of i was discovered a duffel bagOrunemployed person who depends on on other folks in issues of money but now simply because of bitcoin i came to be impartial, self-sufficient.
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November 14, 2017, 09:41:01 PM
 #875

It is good to purchase bitcoin for some time term purposes ad ould e us when you have a household. It is quite risky though because we don't know how long it'll finnl to be such as this but i know it will require some time since we are in age now of electronic currencies.cbae
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November 14, 2017, 10:15:55 PM
 #876

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.

Well said, saving btc for ourselves and for the family is a great idea and making some investment for our future too is a wise decision.  We are just securing our future so that when we get old we can never experience having a hard time looking for money to buy something.

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November 14, 2017, 11:19:46 PM
 #877

Of course the positive effort to always save bitcoin for a future is good for children or family, because we know so much the benefits of bitcoin, as time goes on bitcoin development will continue to increase and accompanied by high bitcoin value, certainly provide an opportunity to profit from bitcoin with an effort to save it

   
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November 14, 2017, 11:28:00 PM
 #878

There is no other way around, unlike in Banks where if you die you have the option to give it to you benefactors and the banks will take care of it, in Bitcoin wallets in order for them to benefit what you have you really need to give your pins and passwords, but you can do so in a form of a last will in which your passwords and pin of your Bitcoin wallet will be protected by a law entity and will safely transfer it to your heirs.

Or you can donate your bitcoins to charity or other groups that you think would make the most out of your bitcoins that is if you don't have any family to pass on your bitcoins to. Nonetheless saving bitcoins for your children would be a really good idea who knows what would've been the amount of bitcoin by then it might be just enough to secure their future.

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November 15, 2017, 09:45:31 AM
 #879

Saving for our child is amazing.I want to do something like this.So I am going to invest in BTC for my child
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November 15, 2017, 09:48:56 AM
 #880

been doing similar things to what others have been, saving a small amount like 0.01btc for my teen son every month, started a year ago and hopefully he learns the value of investing in the future, itl be a good starting step for him, giving him that jump in capital considering how much bitcoin is growing each year.
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