Saving Bitcoins for your Children.

[triettman]

Maybe at that time Bitcoin price will be 50k$ or 100k$ so the amount of Bitcoin we spend for our children will become very huge

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[imadmirer]

Saving bitcoins for your children is a good move. But remember that you must not give excessive importance to this. Why? The child should also have the opportunity to make his future. You may save bitcoins with the purpose of education and health care. Certainly to make your children rich is a far fetched idea.

The best way is to educate children on cryptocurrency - You must teach. That's  the way. The way children are taught to put money in the kitty bank. The way they are asked to open up bank accounts and make small savings/transactions, the same way they have to be taught the bitcoin transactions and saving. It is enough to know that much as a child. Once the child is ready to understand trading then certainly the digital market and cryptocurrency ecosystem can be explained along with day trading etc. I guess with the evolution of cryptocurrency down the line, doing business would become a basic knowledge of most people just as using a computer has become prevalent not being the privilege of a learned few.

Knowledge, education, responsibility and wealth. That's the order of progression. Nobody knows what future holds for us. It is good to plan and invest in bitcoins along with other modes of investment. But we must remember always that investment in education should be first priority.

[cryptoalfs76]

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.

Saving your bitcoins,for the future of your siblings is a great investment,but for as know its not been implemented to used this kind of program in digital currency for  the benefits of your children future or to give them security of there studies by putting them bitcoin wallet for there future needs,maybe soon the other platform exchange or the group of digital currency  itself make's this program for the seek of our siblings.

[Sisipraba]

In my opinion is its the best way for saving your btc for children . . Its worth rather than fixed deposit . Couse fixed deposit has fixed interest.but btc rising up day on day . So everyone ineterested on it . In now days you buy btc and save it for your children it will be the best thing you do for your chilldrens

[cepedacharles29]

I think it's a great idea, save bitcoin for children hat we should save bitcoin or other cryotocurrencies for our children, I guess its safe if you would let some one you trust know your addresses or your account files And Teach them while they are children that bitcoin will be the future of money and investments And also in able to avoid problems such as financial problems.

[dantheman666]

This is a great idea thank you for sharing. I will do this also for the future of my family.

[Arkham Knight]

Well, it's going to part of your goals if your planning a bright future for your children or when you have one. I want them not to envy others for what they have so I'll be doing this for them and also an inspiration.

[giarised]

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.

I agree, you need to checked it everytime and be aware on what is happening on it. But it is also a good idea to store your money in bitcoin but make sure that the wallet that you are using was safe and has a back up to recover it when something happen Wrong. Still do storing in bank for a much sader for your children.

Yes dear that is true but only in that case if your children grows and become more mature with passage of time and bit coin remains the same. If no one can hack bitcoin now do you think that it will be hacked when it network will grow and it will become more mature and its implementation became more strong than that`s of it now. I think you need to rethink about it.

[Ronaldcoin2017]

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.

I agree, you need to checked it everytime and be aware on what is happening on it. But it is also a good idea to store your money in bitcoin but make sure that the wallet that you are using was safe and has a back up to recover it when something happen Wrong. Still do storing in bank for a much sader for your children.

Yes dear that is true but only in that case if your children grows and become more mature with passage of time and bit coin remains the same. If no one can hack bitcoin now do you think that it will be hacked when it network will grow and it will become more mature and its implementation became more strong than that`s of it now. I think you need to rethink about it.

Well if we speak about holding or saving bitcoin for our children that was really a good idea but i think that was really hard because we need to have more patience if we do thid kibd of thing in order for as to gain a minimal amount of money that was really a great big sacrifice  because we need to have patience  in every situagion made by bitcoin price  maybe this is not really simple as just waiting it ia really hard because bitcoin today is really rising.

[Gladz29]

You can write down the seed words to the wallet that holds the coins and send them to separate lawyers/deposit boxes or to some other supports you think are suitable.

Yes its better to save bitcoin for your children, for their future. Because I know that someday bitcoin is the way to end all the sacrifice of the tuition fee of our children. So, it's better now to teach our children what is bitcoin and what is the value of this.

[Kevondo]

we need to save in bitcoin for our children because we need to study for them as well as our colleagues and our other expenses for their needs.

In my opinion we need to be intouch with criptocurrency trends. So may be sometime BTC will be useless in 10 years and it will be necessary to be proactive.

I think there will be no more best idea then this if people start saving bitcoin for its children because bitcoin can be used in many ways it can play a role in your future and also in present that why I like bitcoin if you start daily trade here so you can earn a lot of money on daily base and even if you start saving of bitcoin it can also give you a very good profit in future and children’s can use this saving on their higher education in their future.

[supercanada1]

This is a great idea thank you for sharing. I will do this also for the future of my family.

Yes bitcoin is good and it is very important to deposited some part of bitcoin for your money making, if you are having good job just save money and invest in bitcoin if you will invest in bitcoin and will wait for long time you will get high profit. I am saving bitcoin for my future and to support my family and children. They will be able to buy goods with bitcoin and pay for school fee with bitcoin. This is truly a good idea.

[Topaz72]

yes. My uncle saved a bitcoin for her children. because he wants to have a bitcoin he can save for his children because he knows that bitcoin is not forever so he gathers and carries out his own business.

I think it’s a very good thing to start saving bitcoin for your children’s because bitcoin is also playing a role as an asset bitcoin is a very best option for saving and some of the people are saving bitcoin for it's future so there is no doubt that bitcoin can also play a very big role for your children because it’s a committed currency it depend on your hard work if you work hard so hundred present it will deliver you a very good profit.

[South Park]

Nobody know if its a good opportunity for next generation... Bitcoin is too young to know if it will be part of our heritage.

Bitcoin having so high value will be a precious gift to the children and your children will surely praise you so that you can feel proud and this will allow your children to move freely in future because they don’t have any financial issue as well and as bitcoin is now going more up and surely when my children will be grown up then the price will be in millions and It will be very pleasing for them that they are having a great asset.

Just remember to teach them how manage that bitcoin as well, it is not rare for a parent to give a child of his a good inheritance and then that inheritance is spent in useless stuff that does not help you in the long term, I have seen that many times even among my friends and then they question what they did with their inheritance and I tell them that they wasted it.

[RaymanC.]

It looks interesting and good thing to do in the future, because i think bitcoin will grow and grow because btc is increasing very fast, now if you invest and save for the future of your children 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 children life

[ivakar]

I think this is a very good investment. I agree, it is necessary to teach children to understand the entire process of bitcoin, to be able to balance and multiply capital.
Looking at the today's bitcoin course, I understand that everything is possible

[codpku]

Haha thats good idea
Its look like harry potter open the deposit at goblink bank  im wonder

[Hotrod_88]

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 am just a teen ager a student and i have no plans of having any children for this moment of time but saving bitcoins for your childrens will be a great thing because you are thinking for the bright future for your kids and saving bitcoins is a great thing because the value of tour holdings can be worth up to million dollars if ever. But i do not think that i will do that yet because i am gonna save for my self first since i had no children. But i think my children will never gonna get in time that bitcoins is still successful i think there will be a new thing.

[gabmen]

It looks interesting and good thing to do in the future, because i think bitcoin will grow and grow because btc is increasing very fast, now if you invest and save for the future of your children 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 children life

Well of course anything you can donto ensure your children's future is a good investment. And bitcoin, well crypto to be general, is a way to make real good amount with your savings in the future. The future is with bitcoin and your children will thank you when they grow up for it

[mariyawisman]

hah, I like the idea..Maybe I try too. Now I see only good perspectives