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Author Topic: Saving Bitcoins for your Children.  (Read 23955 times)
ReLieD
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December 14, 2017, 04:03:20 PM
 #1461

This doesn't even makes sense. At the end of the day what you have will all be owned by your children (in most cases) . I am not saying that don't save Bitcoins , I'm just saying that just don't add the name of your children while doing so. Infact now the children are earning Bitcoin and gifting stuffs to their parents. I have seen many college students do so . Bitcoin is pretty famous among college students who need money for stuffs which they can't potentially ask their parents.
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December 14, 2017, 04:08:05 PM
 #1462

Yes children are future of tomorrow. And as Bitcoin is future money we must have to think for better and stable future of our children. In coming generation price of bitcoins will be much higher according to current requirement, supply and speed of generation.

Today's investment for children future, can give satisfactory outcome with big ROI in future.

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December 14, 2017, 04:10:57 PM
 #1463

Of course this is a good thing to invest in any case for our child in the future, so they can get what they need in the future, so I think it's a great idea ...

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December 14, 2017, 04:14:02 PM
 #1464

Well your problem is easy to solve. First off if you really don't want to give your details or share Bitcoin before you die your kind will benefit your Bitcoins by form of last will and testament with this mode you sure that your details and passwords will be safely and confidentialy  passed down to your family. The attorneys who will handle your last will and testament are duty bound and sworn to deliver your wealth to your family in the event you die.
That's the proper way dealing with that, if you really wanted to make sure that everything will be settled properly then make sure that you have a proper
attorney person that you can trust, this last will of testament will give everything to your family in your behalf after you die.

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December 14, 2017, 04:39:10 PM
 #1465

Saving bitcoin for children is an interesting idea, we will give them a very valuable heritage because if they grow up they will become rich people, I will do that so make my children happy.

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December 15, 2017, 01:07:46 AM
 #1466

There could be a rocky road ahead, but it's possible in 2030 or 2040 bitcoin will be $1 million or more in value. In the long run blockchain is here to stay. Perhaps more conservative investors can hedge or diversify with other assets to pass on to their children.
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December 15, 2017, 01:11:45 AM
 #1467

Bitcoin nowadays is making a great pic and it price is so hard to believe, and i think that its value is going to be much more higher than now because people are investing day and night, others are trading and holding.. all this take us to the idea of the futur of bitcoin which is the futur of our children.

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December 15, 2017, 02:09:59 AM
 #1468

Of course this is a good thing to invest in any case for our child in the future, so they can get what they need in the future, so I think it's a great idea ...
yes really, investment is from now for our children so they can fulfil their needs. we can not continue to work because of the age factor that continues to grow hence investment is a very good thing.
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December 15, 2017, 03:51:05 AM
 #1469

Saving bitcoin for our children is very important. And you should have a capital. And you must also have all the financial details you have listed and you should also know how many percent you will use. And for your children we must save for their future as well  those they need in school and when touring. And for your accounts here in bitcoin you will have to heritage for them and he will continue when you grow old.
Saving Bitcoins for children is like giving an asset for the future, but we will have to educate our children's how to use the BC and uses of it, without giving correct information about the BC it's of no use to save for the future.
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December 15, 2017, 09:44:40 PM
 #1470

I'm not planning on saving bitcoin for my children, this is because bitcoin is too volatile and there is no 100% guarantee that the price will be higher than it is now, I will regret if the bitcoin saving and its value someday not more than $ 1000.
The chances of that happening are extremely low, so you are denying your children and yourself the opportunity to earn a lot of money just because there is a chance you lose money, if everyone thought like that then no one will invest in stocks or in bonds.



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December 15, 2017, 09:57:36 PM
 #1471

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

Well, That's a good idea. Much better if we will invest in bitcoin rather than any bank that is requiring you to put your money in a bank. In bitcoin, You can earn Bitcoin by many things. If you don't have any bitcoin, you can mine and join signature campaigns. They are not requiring you to have any Bitcoins that you will invest in their sites. And if you already get your profit, Invest it. Earn and Invest. And i know that in future, Bitcoin will increase up to $30,000 and it is a great opportunity for us, as a Bitcoin earners and investors. Our children will be benefited for this our great works.

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December 15, 2017, 11:42:42 PM
 #1472

when my children grow up, it is most likely not bitcoin, and another asset will be in price

Bitcoin has been the top coin since the beginning and it is looking less and less likely that bitcoin is going to be displaced and if bitcoin gets popular before other coin comes the chances another coin is going to replace bitcoin are going to be smaller, that is why many of us are invested in bitcoin because we believe bitcoin is the coin of the future.



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Rainbot
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Rascar Capac
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December 15, 2017, 11:51:49 PM
 #1473

I also consider saving bitcoins for my children. Why? when I saw the price/value of this coin, I can say that it is like "time deposit" in a bank however in my case I don't have any bitcoin yet but once i earn some of it i'll definitely save for my children's future. I am also thinking to invest it first then save it afterwards.
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December 16, 2017, 06:53:43 AM
 #1474

That's good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.
A good opinion and I agree with your opinion.
Actually if you already have a child who is old enough to think about depat he can at least know about bitcoin, but if your child is not old enough then do not teach it for fear of misuse when he knows bitcoin.
envist
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December 16, 2017, 06:56:04 AM
 #1475

Gave my kid one for their birthday  Cool
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December 16, 2017, 07:07:14 AM
 #1476

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.
Good thinking and I agree with your thoughts.
Actually people who use bitcoin and then they earn much from bitcoin actually they intend to save for their generation so that their families do not feel the misery in life someday.
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December 16, 2017, 07:11:18 AM
 #1477

Saving Bitcoins for my Children is a nice thing to do and also this is the  way of making sure that they will have a better future. If you have a bitcoin in your wallet try to save it now and possible that the bitcoin you save might get increase its value and that would be very beneficial for the future and to your children.
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December 16, 2017, 07:12:14 AM
 #1478

If you have interest in bitcoin you save some bitcoin for the future of your child because in the future bitcoin have a high growth.
If you invest in other filed like property,business you have many document required but here no requirement like that. it's very easy to save bitcoin for your children.
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December 16, 2017, 07:30:58 AM
 #1479

I also consider saving bitcoins for my children. Why? when I saw the price/value of this coin, I can say that it is like "time deposit" in a bank however in my case I don't have any bitcoin yet but once i earn some of it i'll definitely save for my children's future. I am also thinking to invest it first then save it afterwards.
Well, if parents is wise enough and trust the power of btc, probably they will save a btc for there children. And I think there are already using this method especially those who already earned huge profit. Parents love their children so much and this is the chance for them to save at least a little amount of btc is enough. Who knows that little amount after 15 years it will be worth millions and give it to your child as a gift.
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December 16, 2017, 07:31:57 AM
 #1480

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

Nice topic to talk about. Never think of that until I read this post. Thanks for making this post for now I'm worry on how to make things right. Secure my account and try to turn it over to my children or my wife in the future.
How would I do that? Maybe I will right down a piece of paper and make a note. Account and details of what and how to get those investments in the future. I hope i'm making it right.
I will check what others comment on this and maybe I can get some ideas.

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