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Author Topic: Saving Bitcoins for your Children.  (Read 24495 times)
vergel24official
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December 14, 2017, 12:56:23 PM
 #1441

That's why I'm investing a bitcoin now. I'm looking forward to earn money in the future.
Cold-Heart
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December 14, 2017, 02:53:38 PM
 #1442

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
Don't you think that bitcoins would increase and maintain its value for all those years? But then we don't know what would happen if it increase, then your kids would have an allowance or a budget that could be spend for their needs. But when it fall, you just lost a big amount of value for your kids and just regret everything about investing it for a long time.
A.Chanaka Bandara
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December 14, 2017, 03:04:00 PM
 #1443

My personal advice  saving alter coins is better than Bit coin. Because BTC price is very high now, (16547$) So buy and hold less than 1$.Read white paper,Roadmap and analyse marketing team before buy any coins. Anyway investing Cryptocurrency is best than saving banking.

jamelyn
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December 14, 2017, 03:05:38 PM
 #1444

this is a good idea for our children. I will try to save for my children and they will be born in the world of bitcoin. as they grow older with savings for the future
vainhaver
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December 14, 2017, 03:15:28 PM
 #1445

saving yes but allow my child to use bitcoin No.

it’s good idea and must have wallet open it when be +18

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tanginamoo
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December 14, 2017, 03:26:12 PM
 #1446

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 essential and necessary to anyone who ones something that let there children to inherit it. As a bitcoin user you should save for your children. Create a separate account wherein that is for your future. Save for them because someday bitcoin will be used as an international currency.

Pasabm
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December 14, 2017, 03:32:10 PM
 #1447

It's a great idea, make for the future of our children, it is done by all parents, in a different way. By way of saving bitcoin or investment for the future of children, and taken when our children are adults.
3philong
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December 14, 2017, 03:37:06 PM
 #1448

Saving bitcoins for children? I think it is a good idea for me But I can not do that because every time Bitcoin increases I sell them again Sad
Wintersoldier
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December 14, 2017, 03:47:07 PM
 #1449

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.
If you want to save Bitcoins for the future of your children. Consider the length of time you will save your bitcoin. You may do it not for a very long period of time. Try to save it while investing on it. Monitor the constant changing on its value to avoid regrets, since bitcoin, unlike other insurance firm do not have bond written in documents. Always remember to be one step ahead in making a decision, specially for our children 's future.
Harlot
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December 14, 2017, 03:58:11 PM
 #1450

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.
ReLieD
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December 14, 2017, 04:03:20 PM
 #1451

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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Digitalbitcoin
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December 14, 2017, 04:08:05 PM
 #1452

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.
Ais08
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December 14, 2017, 04:10:57 PM
 #1453

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 ...
Pamadar
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December 14, 2017, 04:14:02 PM
 #1454

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.
Wong Gendheng
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December 14, 2017, 04:39:10 PM
 #1455

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
 #1456

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
 #1457

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
 #1458

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.
katarin2030
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December 15, 2017, 03:51:05 AM
 #1459

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
 #1460

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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