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Author Topic: Saving Bitcoins for your Children.  (Read 24422 times)
Twinscoin2017
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November 30, 2017, 09:24:53 PM
 #1241

son of my friend for 10 years old, he saved up money for a smartphone.
I told him "do not buy a smartphone now, but buy bitcoin, and when you finish school you'll buy  a sportcar"
.... he does not want to wait ((
Well i believe that saving bitcoin for our chikdren is really a good idea but i think we need to have a big patience in doing such thing because saving bitcoin in a long run maybe needs a great big patience in order to successfully save bitcoin because bitcoin is really has a volatile price that has tend somebody to get panic in every little change of its price.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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November 30, 2017, 09:27:25 PM
 #1242

Give your children a head start in life by making investments for them now while you have money and while bitcoin is so low. I wish my parents took out investments for me and started saving when I was young. It makes bringing up kids much easier if your finical state is in check.

 
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November 30, 2017, 09:29:08 PM
 #1243

i don't really think about saving bitcoin for that long . for now it's just a way for me to make a living.
but i greet all the holders do what suits you most  Grin
d1ceplayer
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December 01, 2017, 07:52:34 AM
 #1244

My problem it how are we valuating Bitcoins? Will the valuation be based upon us bucks just like now? Or will Btcins pssess a worth of its own as a cryptocurrency that is decentralized, safe and a fast way of paying ioosolutions and goods. My problem is that we are really not trying to get divided from fiat currencies, and change the world to one that is based on cryptocurrencies. All I see is the fact that individuals utilizing the thought of cryptocurrencies to amass more and more fiat foreign currencies.  or f
Sharing the private key with small kids is not at all a very good option. Holding of bitcoin for the safe and secure future of your children is really a good thing.

This will help your kids to have a comfortable life and they will be able to meet all their expenditures quite comfortably. You need to plan such sort of things as they will help your kids to have a better future and you will also be able to live a better life.
ThunderCatSteve
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December 01, 2017, 07:53:54 AM
 #1245

Yes Its a good thinking to save bitcoin for children.May be in future the bit coin will be the main currency in the economy. and the other hand the value of the bitcoin might be very higher than now.Therefor the bitcoins will be a valuable property to transfer for their children like lands, houses ,business and etc.
Indeed, there is no need to share complete information with children about family assets. Let them work hard for their secure futures. It is though duty of parents to do some good savings for children but that does not mean we are going to share all with our kids.

I do agree with you that telling them about bitcoin and their future with bitcoin is going to affect their studies negatively. There are chances that they stop working hard.
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December 01, 2017, 08:21:55 AM
 #1246

Saving bitcoin for your children is the best legacy one can leave behind for his or her unborn children's, because bitcoin is a very valuable investment that has numerous benefits even more then gold or real estate.
And in doing so you can decides to save the seed and password of the wallet with either a lawyer with legal binding or keep it in a safe deposits box make the information known to some other trusted family members who can help your kids access it in time of eventuality.
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December 01, 2017, 10:52:52 AM
 #1247

Wow, this is something incredible. Most parents would feel the same way certainly, and yes saving bitcoin for the future definitely an advantageous move for your kids and plans in the long run.
mabell943
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December 01, 2017, 04:08:13 PM
 #1248

Saving bitcoin for your children is a wise choice because you are rest assured that your children can achieve all things they want become they have financial security.
It helps everyone to secure the bright future of individuals.
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December 02, 2017, 02:21:32 AM
 #1249

I think mostly if not our family and children the next generation will truly benefit bitcoins the most.

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Noesly
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December 02, 2017, 02:47:24 AM
 #1250

Yes this is I want to do or I want to get , I want to save bitcoin to my child or children  to use their future, and for emergency and they have a get.

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December 02, 2017, 03:16:43 AM
 #1251

I think I should not save bitcoin for the kids because I do not think bitcoin can last more than 10 years.

Kayum10029
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December 02, 2017, 03:45:21 AM
 #1252

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.
Great idea.but bitcoin price is temporary ups and down every now and then. bitcoin bitcoin is virtual online currency. I converted bitcoin in money then I reserve in nearest bank for my children.

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December 02, 2017, 04:01:35 AM
 #1253

For when children need money to buy a project or something they want to give you because you save your money for your child and you have more money if you want family bonding and when my emergency is not a problem to deal with because of You have saved or savings for your child or your family

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Haxor321
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December 02, 2017, 04:09:29 AM
 #1254

Keeping bitcoin for the next generation is a good idea we don't know where bitcoin will be in the coming years but if it stays on track with where it's going even fractions of a bitcoin will be worth a huge amount. Just remember to keep keys safe and have clear instructions on how to get it should anything happen to you unexpectedly.
It is indeed a good idea to save Bitcoins for future purposes especially if it is for your future children but then we have to consider that it is too risky and bitcoin is unstable and unsafe it can be hacked so you need to secure your bitcoin and just convert it into money then put it into banks and investments.
spinach98
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December 02, 2017, 04:11:35 AM
 #1255

Saving bitcoin for your children is very important because with bitcoin you can be able to support your family in your daily needs specially the daily expenses of your children,Also when their is an emegency and you badly need money then you can have enough money for an emergency also if you will save bitcoin now you can assure that the future of your family specially your children will be secure,they will have a brighter future and that is with the help of bitcoin that you save in your wallet.
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December 02, 2017, 04:18:15 AM
 #1256

this looks so interesting, I am also very enthusiastic to pass this on to my son someday, even I send my child if have ideals, he should aspire to have thousands of bitcoin, I will save bitcoin for posterity as inheritance  Grin Grin
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December 02, 2017, 04:28:35 AM
 #1257

Keeping other physical asset for your children is very easy but storing bitcoin for your children is very risky because the wallet may be hacked before your children grow to maturity so it needs a high level of security consciousness.
needs and store something that can be used for the future of the child is a very good plan so that in the future life is not miserable, but what you will save for the future of the child and bitcoin is the right choice because the profits and income are very good and lately its value is always increasing, but if storing bitcoin for future child in my opinion it is risky because if bitcoin down or lost it will be in vain. in my opinion better bitcoin in exchange for money when the bitcoin value is high and the money in tabkan though decreased little by little but will not be fatal and it is better bitcoin results made to open a business or something else .. all depends on the choice that they think is good and precise.
Cofee.BLUE
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December 02, 2017, 04:29:18 AM
 #1258

This looks interesting and good thing to do in the future, becuase i think bitcoin will grow and grow because btc is increasing very fast, now if you invest and save for the future of your childrens i think it will be a good way to do, and it will help your future in the financial status of your life and your childs life
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December 02, 2017, 04:31:43 AM
 #1259

I think instead of bitcoin for the children cash will good because children are not able to use computers and internet and digital currency is attached with the internet. The children when become adult  then the time will not like this so we can’t say that the value of bitcoin will be the same as now but for us bitcoin is very important we are living in this world we must earn bitcoin for our needs.

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December 02, 2017, 04:45:27 AM
 #1260

This looks interesting and good thing to do in the future, becuase i think bitcoin will grow and grow because btc is increasing very fast, now if you invest and save for the future of your childrens i think it will be a good way to do, and it will help your future in the financial status of your life and your childs life
We should all concerned about preparing our children's future, I think bitcoin will help us to secure their financial needs and saving by now will
definitely securing them and giving them much wealthier life in this coming years, I really love learning bitcoin and so thankful that I was able
to save some now for my children.

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