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Author Topic: Saving Bitcoins for your Children.  (Read 24438 times)
posternat
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November 20, 2017, 11:27:58 AM
 #1001

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.

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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 think it's a good thing to save bitcoin for our children. If bitcoin is a hit now, I think it could be more in the future. By that time, it will be a good thing that our children already has theirs. I feel that it will be a bit difficult to earn bitcoin by that time, unlike how we earn it today. That's why it is a good idea to invest for the children.

If your children are small and you save even 1 or  2 bitcoins for them and then you check the value of bitcoin after 20 years and you will surely find that these are so much valued that it is enough for your children's future. The only thing to take care is that you need to keep on watching the market as 20 +  years is a long time and there might be a possibility that there is any mishap or issue in blockchain which may cause bitcoin to end or something like that. So still its a risk but if nothing goes wrong then for sure you are millionaire by then.
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November 20, 2017, 11:28:05 AM
 #1002

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

That's a very good idea. We do not know what bitcoin looks like in the future. I think the price will continue to soar. so there is no problem if we invest for our children in the future. I will try it.
yes i also agree, but still very long, because i am still a teenager and have not minded far. But this is a very good idea for the future, and i believed bitcoin prices will soar from year to year.

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November 20, 2017, 11:40:48 AM
 #1003

I agree. This is a good and wise move if you want your children to have a good future or you want them not to think where to get money for their education or for living. For me, I am saving bitcoins for their education because i think i will not a hard time thinking where to get money to sustain our financial needs or their education.
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November 20, 2017, 12:50:46 PM
 #1004

I agree. This is a good and wise move if you want your children to have a good future or you want them not to think where to get money for their education or for living. For me, I am saving bitcoins for their education because i think i will not a hard time thinking where to get money to sustain our financial needs or their education.

I think it's better to have a better future and since the children are our future i think its best if we save bitcoin because its proven time and time again that bitcoin is the future currency and investment opportunity.
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November 20, 2017, 12:59:21 PM
 #1005

Yes we save for my children, we know it is a better future for my children so we still now save bitcoin.
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November 20, 2017, 12:59:22 PM
 #1006

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
it is possible to buy bitcoins now for your children's future. i am also planning to do that for my children and when i did i will just put my password and keys on our safety deposit box and let my children be aware that what inside of that box are for them.
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November 20, 2017, 01:07:49 PM
 #1007

This is great opportunity to saving the bitcoin for your children. If we buy bitcoin at this time and save it for next 5-8 years its come double -tripple of the current price. 
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November 20, 2017, 02:35:28 PM
 #1008

Maybe you can make your children an extra wallet and beside your own trading you can transfer a little amount of BTC on that wallet every month.
It would be great if you do so allowing your children to be proud of you and love you even more because meeting their desires and wishes is all what parents want. It is good idea in sense that the worth of bitcoin is increasing and more number of investors are introducing to the market, the profit which you get from your bitcoin use some in making property for your children.

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November 20, 2017, 03:00:18 PM
 #1009

mine my own my own... exploration away
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November 20, 2017, 03:06:27 PM
 #1010

is a good idea to saving bitcoin for our children, because we don't know how much will 1 bitcoin in 15 or 20 years later, but i think it's better if now we use bitcoin to gain a lot of profit as much as we can then buy something valuable for our children, maybe property or gold for example. it's just my opinion Cheesy
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November 20, 2017, 03:19:58 PM
 #1011

Saving your bitcoin for your children is really a good idea  because not everyday you have a money, so it's better that you have a money to use if your children or your family need a things to do. Also saving your bitcoin is good for the college tuition of your children.
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November 20, 2017, 03:23:01 PM
 #1012

Yes saveing a bitcoin is more important than saveing a money for for our future children because the amount of the money value cannot be changed but the value of the bitcoin will be increase in day by day
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November 20, 2017, 03:24:18 PM
 #1013

If you have a children saving a money or bitcoin is really the first thing that you should do because they are the one's that you are working very hard for their. In the future, when your child growns up maybe the bitcoin that you save becomes larger because every year the price of bitcoin pumps up.

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November 20, 2017, 03:28:46 PM
 #1014

Yeah that is a good way for you to ensure the future of your children but I think you should really think first because we all know that bitcoin's value is not really stable or profitable so it would be wise to think first. because we need money for our expensive every day
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November 20, 2017, 03:33:40 PM
 #1015

I was also saving bitcoin and ethereum in blockchain.info as future savings for my kids.  But recently,  the transactions in blockchain. info got mo a bit worried because of some pending txns,  but if this goes on worse later. 
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November 20, 2017, 03:35:19 PM
 #1016

Saving Bitcoins for your children would be the same as saving casette-player or walkman for your children....
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November 20, 2017, 04:02:24 PM
 #1017

Bitcoin can be called the future gold or future asset.So,it is better to save bitcoins for our children.

Bitcoin is famous for modern and easier transactions which is not possible through the banks.So,the popularity is increasing day after day which is making the background of bitcoin very strong.For this reason,it would be better to save bitcoins for our children.

Again,the price of bitcoin is rising.The velocity of rising price is steady but sharp.So,we can hope that the price will increase more and more  in future which will be huge profitable only to those who will save bitcoins for their next generation.

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November 20, 2017, 04:03:24 PM
 #1018

Bitcoin can be called the future gold or future asset.So,it is better to save bitcoins for our children.

Bitcoin is famous for modern and easier transactions which is not possible through the banks.So,the popularity is increasing day after day which is making the background of bitcoin very strong.For this reason,it would be better to save bitcoins for our children.

Again,the price of bitcoin is rising.The velocity of rising price is steady but sharp.So,we can hope that the price will increase more and more  in future which will be huge profitable only to those who will save bitcoins for their next generation.

We do this for long time. Hopefully our bitcoins help our kids even the amount is very small like 0.001 BTC and around this.

People all understood the importance of bitcoin and they're currently saving bitcoins for their future.
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November 20, 2017, 04:07:38 PM
 #1019

You've the right movement on these days for your children. the safest trick to keep your address and private key is to write down in some paper and save it in the place that you and 1 more person know. because it unpenetrable for hacker or else. but, you need to rethink who you choose to trust  Smiley
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November 20, 2017, 04:47:15 PM
 #1020

Yea I think saving bitcoin for our children is a good idea,
for future purposes. Smiley It is worth investing in bitcoin now before it's too late.
Their are allot of option when investing bitcoin.

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