Saving Bitcoins for your Children.

[iluvpie60]

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.

Writing down the address, saving a wallet file + private key with multiple backups onto a USB or External HDD, putting a paper wallet in a bank safety deposit box is also a good idea.

I don't think it costs too much money to have a small bank safety deposit box, and I believe it is also insured for a certain amount too. Might be a good idea for that.

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[FasTroy]

Bitcoin is a good investment for a long turn it's a very good idea to save some for ur children  but be aware abt the readings coz bitcoin is not stable it can go sky high in a day and Downfall the next

You are right mate, bitcoin price is very fluctuate, so it's right that is risky, but we all know that bitcoin price increase over the years, and if the price decrease, it will return more powerful. So the chance to make profit in the future is too high, We can consider bitcoin is a very great opportunity for people to invest on it, for their childrens or for themselves.

[fearcoka]

There's nothing like the document kind of things when it come to bitcoin and there's no business investment or organization you can join in other  to investment for the future of your children or else you be scam. However, I will suggest you get a paper wallet and have the password/seed of the wallet save in a save deposit box in other to keep the bitcoin for the future of your children.

That's the only things you can do mate.

Paper wallet only a part of the methods to store your Bitcoin and saving for long time. You can keep your private key in computer or other digital technology hardware can store data. But these hardware must to can't access internet. All hardware are offline and there's no risk for your private key.

[Pattart]

Its too good to save some bitcoins for the children,but in my opinion as it transfer to wallet,we have ta recieve that money from wallet and then store in another bank account,because the bitcoin rate fluctuate day by day.

its great for me is better to collect your money in the bank for security purposes, if i am earning were in bitcoin i will save also for my kids, for their education and same expenses.

it would be better if you keep it in bitcoin dude, you should know that bitcoin prices will continue to rise from time to time, maybe when you already have children bitcoin prices will be much higher than now, I would prefer to keep my money in bitcoin for my future son than save it in the bank, because the money for my son would be many times higher when they grow up

[last7minutes]

The idea itself seems very cool. However, do not you worry that only 21 millions of Bitcoins exist in the world and no one, even the best specialist in crypto will tell you what will be with Bitcoin in 10, 20, 30 years?

[Kiridaya]

I don't have any children yet :/ but it is a really smart move to make.

[Portia12]

i dont have children now but i have bitcoins, i think in the future when i have children i will start buying bitcoin for their future but now i buy bitcoin for my self needs in the future and invest some for my future house and lot.

[Portia12]

i dont have children now but i have bitcoins, i think in the future when i have children i will start buying bitcoin for their future but now i buy bitcoin for my self needs in the future and invest some for my future house and lot.

[Zemomtum]

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.

You can, however, make this bitcoin as your business, short-term business until you earn enough money so you can build your own business that you can apply or manage someday with your child. It's better to have a wealthy or wealthy person to pass on to your children while they are young . Bitcoin wants to help somebody who need some help, our children will continue to be our first and foremost education

[awawo]

Yes bitcoin as at now is the highest and most lucrative investment and the greatest legacy that you can leave behind for you children as a will and in doing so they are so many ways in doing so.
1 you can store it in a wallet and save the wallet ID and password in safe place and let your lawyer or wife know about it.
2 you can mentian a paper wallet and make it position discoverable to any body you trust.

[Digitalbitcoin]

Many of think that Bitcoin is sudden bubble but hold...... on. Who think this, As per my thinking these guys are still not aware about power and potential of Bitcoin in future.

As per my acknowledgement last Bitcoin will be mined by 2145, but till last bitcoin will mine, there will be many changes in economy as well as other circumstances considering current business trends.

Many business, Corporates and even governments are moved towards decentralized technologies powered by blockchain.

So for sure price and usability of bitcoins will increase exponentially in coming years.

Now about saving Bitcoins......

Keeping your Bitcoin wallet safe and secure is important. Keeping your private keys safe and secure is very important.

And now thinking for children of new era.

I think everyone live a life with own conditions so never think for that much, as your bitcoin will used by your childrens. Till that time, time might be changed. As new generation is already with highest IQ so children will find better solutions that we never think before.

[nightfury]

It would be a very good plan to save bitcoins for your children. That's a two-way profit because while you're saving something for your children's future, you are also earning at the same time as bitcoin's value continuous to rise.

[Ru chin Salcedo]

Yeah its a good investmwnt in a long run..can you imagine how fast bitcoins gains from the first time it was launch...its worth do not even reach 100 dollars when they relase it but look at it now for less than 10 years in the market it grows to thousand dollars

[Lecam]

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 believe that it is a wise idea to save bitcoin for our children in the future. We are unsure of what might bitcoin become in the future, it could have a really high value in the future, correct? So, it is better to save for our children something they can really use, in case we are gone in this world.

[jikurpa]

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.

of course for me save bitcoin and its investment is for my child and for stuff related to password or otherwise it is invest in bitcoin i save and my child surely i tell password and anything about bitcoin

[Pompa]

Yes I can save it bitcoin for my children in the future for the studying so I can save it my bitcoin and if u save for your children and u can also save it in future I want to help my family  so thanks to you bitcoin

[plpatel]

Saving Bitcoins for children future is a good idea, but besides Bitcoin you should also keep investing in equity and mutual and a good amount of cash. One should not fully depend only on Bitcoin, a well-diversified portfolio should be maintained for the children’s future perspective.

[sheryl26]

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.

That would be nice because you are saving for your children but I am still a teenager so I have a lot of plabs but having a children is not one of them yet but when that day comes I will definitely save all mu bitcoins for them because I want them to be weathy I do not want them to suffer the poverty that I've experienced because bitcoins is just the only thing that keeps me financially stable for now because i am just a student but when that time comes and bitcoins are still the successful I will gave all of my bitcoins to them because they are my child.

[MarkusIsaiah]

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.

In my opinion, it is a good idea to invest in bitcoin for your children for their future. but don't invest all your money in bitcoin because we don't have any guarantee that the price of bitcoin in the future will increase higher. Bitcoin is quite volatile and has limited supply it is not stable and very risky.

[Aufar]

It is a wise idea to save bitcoin for our children in the future, better save for our children something they can really use, if we go to this world.