Saving Bitcoins for your Children.

[Lasvista]

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.

It's being good the save bitcoin for your future family but what if the bitcoin is die in the future? What will happens to your bitcoin that you save for years? It's like you are risking a very important half of your life because it's so hard to get money or earn for your future. That's only my prediction but if you ask me i will risk to save bitcoin to my future kids. It is the chance that you will become average people that not having a financial problems.

[1714960314]

1714960314

[1714960314]

1714960314

[1714960314]

1714960314

[1714960314]

1714960314

[1714960314]

1714960314

[Eternu]

From what I know, theres no way to bypass those security things. Because they are what keeps your bitcoins from other people. It is nice what you want to do, maybe I'll do the same in the future. I guess that best way to store your bitcoins would be on offline wallet, on hard drive which you can put into bank on safe keeping. And security codes you can do something as same, or you can give it to lawyer or some other person of trust.

[Erichallig]

For me, i rather put some of my earnings from bitcoin to a bank account of my children that they can use in the future. Atleast im pretty sure the money i put intended for them are in a safe place.

[Netnox]

For me, i rather put some of my earnings from bitcoin to a bank account of my children that they can use in the future. Atleast im pretty sure the money i put intended for them are in a safe place.

That is much better than keeping the coins for your kids. I am also planning to do the same. I will convert some of my coins to fiat cash in the near future and keep it in an account for my kids. Since Bitcoin is a digital asset, holding them for long term is associated with a lot of risks.

[CassiusV]

After taking out my monthly earnings from crypto trade, i always save a share of BTC for the future ( including my unborn children ). I use cold wallets for that because i think this is the safest way to store your btc.

[bitcoinVPSD]

Where is the good idea? Great. I will set up my wallet for my son and gradually move it a bitcoin for later use.

[coinoberg]

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 keep bitcoins for my children in the future and I always tell my investments or how to access bitcoins like passwords and anything important to people I trust

Good for your kids. I do the same. For each one of them I have separate wallets and as I get money to invest divide btc amount to their accounts equally. I hope they will be happily using those bitcoins in the future.

[wisdomcn]

Putting something aside for our kids is superior to purchasing shares and is a smart thoughts, generally wen sparing bitcoin for them is exceptionally fundamental and it is useful for their future use Like for their instructive perspective and different prerequisites, by putting something aside for them it will decrease more costs from the guardians. since we are in computerized world. For whatever length of time that the wallet address and private keys can be put away in a protected place.

[ACVinegar]

since I've read this tread I've saved bitcoin for my future because bitcoin's value keeps growing day by day, and I never see how many bitcoins I have, I only sell a small bit of bitcoin I have. because I believe in the future the price will be more expensive

I think so bitcoin will be more expensive in the future, so if you have a lots of bitcoin today, starting to keep it now and saved for your children in the future especially for their education. Bitcoin has good saving every now and then they continously increase value day by day.

[Nhor1011]

    I think savings of bitcoin for my child is risky,there is a lot of scamer behind and we dont know how long the bitcoin will grow in the online industry.But i will  try to save bitcoins for them and keep all the wallet safe and ofcourse i will tell and teach them how to invest and use bitcoin.Also  I will sell my bitcoin and put it into a real state investment for my children.

[tarpa07]

We already saving Bitcoin for my children because we know bitcoin have great future for my children.

[hxk451]

That is a smart thought yet I think it is too soon to begin putting something aside for your future family. It still a long stretch from now to that day so stock the BTC you make for yourself now and understand your wants first. Other than you never comprehend what will occur in the coming years and what state will BTC be in so exploit it now and leave the long future objectives for the time being.

[engrlodi]

It is a great move to save a bitcoin for your children. But now I dont have a children but I will do the same thing that I will invest in a bitcoin for the future of my children but if I already earn I will save it to the bank for the security purposes. We cannot say, when the btc will die or it will last forever nobody can say.

[zhy168]

same as you, 1 btc to Children.

[Kiiti1]

You can't predict how long bitcoins are gonna exist... Time changes things

[Leonardus21]

You better already sell it when your child really needs it.
Bitcoin value sure getting higher by the time but no one knows the future.

[cryptokath19]

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.

This is very great to save Bitcoins for our children but if he/she atleast 18 and above that can understand about bitcoin. For now, i will much better to save in the bank so that it their money will keep safe.

[loof99]

Saving bitcoins for your children is not a responsibility but its your duty. 
Yes it's your duty!  As a parent it provides us security for our children's future.
To support our children's financial needs, to support his/her good quality education and to ensure that we can provide security that he/she can achieve his/her dreams in life.

[Sean25pogi]

Saving bitcoins for children? I think it is a good idea for me because through the use of bitcoin you can make invest for long period of time, so much better if you're saved money on it can will increased the value or currency of money in the future so that's good for our future life and also to give a better life my children's someday.

[Bitcoinbitcoin0909]

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 want to save bitcoin for my children because as of now the price of bitcoin in the market is surprisingly high. So, I want to save bitcoin for my children because if the bitcoins' price is continuing its increase in value, it may help my children if needed. He can get money from my bitcoin wallet and use it for his own needs. I want to save bitcoin also not only for my child but also for our family so that we can have a happy life.