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Author Topic: Saving Bitcoins for your Children.  (Read 24425 times)
SheepJEFF
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December 19, 2017, 02:33:39 PM
 #1561

 I nevr see how much bitcoins I have, I only sold a small bit of bitcoin I have. because I believe in the future the price will be more expensive
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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December 19, 2017, 02:40:49 PM
 #1562

It is a great idea to have these bitcoins as an investment for the future of your children. You can have your bitcoin information saved up somewhere with a lawyer the same way you would a will so that your children can have access to it if anything were to happen to you.
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December 19, 2017, 02:42:53 PM
 #1563

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
Saving bitcoins for your children is very helpful for you and for yoir chuldren.Because the value of the bitcoin keeps on growing and growing that is why it would be essential if you will gain so much bitcoin npw because it haz a very high value in the future.
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December 19, 2017, 02:51:19 PM
 #1564

My son is 10 years old and a daughter of 3 years old, i want to give them 5 bitcoin each on their 18th birthday each..
i guess that's a good start for their future , correct me if i'm wrong.i think a bitcoin that year will be enough for a house and a car!

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December 19, 2017, 02:59:36 PM
 #1565

I think saving bitcoin for my children is not a good idea maybe i will cash it out and i will save it to their bank account. Bitcoin is only for investment for you to earn money not a saving because bitcoin can down the price.
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December 19, 2017, 11:02:11 PM
 #1566

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
Your children will be happy if the price of Bitcoin in future reached $ 1 million, haha. But no one guarantee the price of Bitcoin can still increases to high price like that after it listed on stock market. Just at current, the price of Bitcoin can not breakout $20,000 to increase more.
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December 19, 2017, 11:05:40 PM
 #1567

It was a nice idea if you going to save money for your children and why ? because if you are going to save bitcoins then it will just grow its value as the time goes by so its better to hold your coins and wait till your children grows up.

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December 19, 2017, 11:16:30 PM
 #1568

At least we as parents have given them a strong understanding of the development and use of bitcoin, one day they will also be actively involved in the existing crypto business, bitcoin will give them an understanding of future assets and commodities, they will get better in every innovation and abandoned various obsolete and limited economic patterns.

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invincible49
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December 19, 2017, 11:33:51 PM
 #1569

I'd love to do the same, btc is a great investment for the future and by saving them for my future kids would be a smart idea. To even think of seeing bitcoins and kids grow all together is a very overwhelming thought!

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December 19, 2017, 11:34:59 PM
 #1570

I think that savin bitcoin for the next generations is a good idea specially that we are certain that the price of bitcoin will increase more and more so such an idea is pratical and maybe will work.
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December 20, 2017, 05:31:39 AM
 #1571

Well I'm not sure yet about having a children but saving a bitcoin for my future is my big priority right now escpecially this days that bitcoin is the most valued and has the highest value in the market of all cryptocurrencies. It will be a great idea if you can have as many bitcoins as you can today and save it so you can used it later on your retirement in other country where your bitcoin will be worth a million.
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December 20, 2017, 06:03:13 AM
 #1572

Well the worst case scenario is that you're leaving them a flash drive, so you may also want to include some traditional assets as part of their inheritance as well.    Cheesy
You have to make him understand that even his children and one more generation next to his children, they all probably see the bitcoins. When these children grows they will be seeing bitcoins here and there. At shops, at garment stores and at food places being transacted like credit cards. So tell him to save them for his children and don’t worry, they will be benefited.
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December 20, 2017, 06:41:31 AM
 #1573

The most valid currency in the future will be bitcoin. To be used more than the dollar.
Our children are the best heritage bitcoin

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December 20, 2017, 10:50:09 AM
 #1574

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
I bet you should share your knowledge with your partner so that he or she will know what to do if something happens to you and also you can share it with your children when they grew up so that they can also help you in investing here and also they may help you to gain money you do not need to give them money they can support theirselves with bitcoin.
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December 20, 2017, 11:04:07 AM
 #1575

bitcoin had a wealth value and i saving money for my children by transferring bitcoin into real paper money intoba nearest familiar bank account.

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December 20, 2017, 11:09:49 AM
 #1576

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

Cool idea. You can make a paper wallet, buy small bitcoin amounts every month. As a result, for some time you can earn a pretty good amount for a child. Password, seed can be deposited in a bank deposit box, for example.

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December 20, 2017, 11:33:50 AM
 #1577

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

I think saving bitcoins for our children is a wise move. Nowadays, we are all aware that bitcoin's price range because of it's volatility keeps on getting high. Therefore, there might come a time in the future when bitcoins price range will be higher than as of now. So, it is better to be prepared.

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December 20, 2017, 11:43:58 AM
 #1578

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

That one is true, if you are going to save bitcoin for your kids and use them for future purposes, you should teach your kids on how can they use it. Your kids should be aware about bitcoin, so that they will know what to do and how to use it if ever you will give your bitcoin to them in the future.
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December 20, 2017, 11:48:21 AM
 #1579

For me, bitcoin is, by and large, the beginning of investment. I sell bitcoin and put money in investment companies and receive dividends. I think that I will ensure my future children.
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December 20, 2017, 12:00:35 PM
 #1580

I think we all know the future of currency and that is going fully  digital, and bitcoin I think will lead the way to make that revolution to happen. Yes, I am definitely confident that bitcoin is here to last and I think saving for my children is a wise decision, especially since bitcoin growth is so huge, maybe saving some will atleast made them millionaires in the future.

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