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Author Topic: Saving Bitcoins for your Children.  (Read 24433 times)
mersal
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December 23, 2017, 06:59:35 AM
 #1681

It is so me. From the very start that i entered the world of bitcoin and started investing, it is intented for my children's future. My husband and i talked about it. So, what we do is put write down in a paper all the necessary information such as the wallet address, private keys and seed in the paper and hide it in a safety deposit box and only me and my husband knows about it and soon when our children is matured enough to understand then we will let them know also so just incase they already know where their funds is.

Saving bitcoin for future or children is one of the new way to this generation but in future it's price become very low it is not useful for anything but bitcoin in the past few years growing up only so you can definitely make a investment in this.
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SacriFries11
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December 23, 2017, 07:28:47 AM
 #1682

In my opinion it wise to save some bitcoins for your children because then they don't have to worry in the future about money problems so they can life a happy life witch every parent wants that for their children.
Yes, that's the only thing that parent wants to their children to become happy and choose the right track that they want.
I think the right to do is write the complete details of your wallet information then secure it for a place that no one can access and tell someone that you have keeping an important thing that your children will only allow to used it. We all know that bitcoin has potential to deliver a huge profit if we’re going to keep it so it’s a big help for them especially for their education and other needs so it’s better that we have already make a plan for their future and don’t forget to teach them the right ways to save money.

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megalith07
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December 23, 2017, 07:40:06 AM
 #1683

One of my significant point is to begin sparing BTC for my children passing by the theories of costs of BTC achieving $25000 in couple of years to come this will fill in as a colossal speculation and protection and I am additionally intending to instruct my kids the essential rudimentary data they had to think about BTC.
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December 24, 2017, 01:02:39 AM
 #1684

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.
Hanako
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December 24, 2017, 01:20:07 AM
 #1685

Thats good that you can save bitcoin to your children. Its the starting of a good investment. Just to secure there future in the first place you can have have a back up to pay there school tuition and for expenses to the school so in the future they can have a good oppurtunity to start and secure.there future.so they can finish there goal. So when I get old I have a peace of mind because there i  the good hands because of my investment to bitcoin
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December 24, 2017, 01:20:50 AM
 #1686

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 it is not advisable to give bitcoin to children. naming it to yourself is better then just give it to them when they are older that's the rightest answer but knowing that you might die any day you should just go to a bank.

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December 24, 2017, 01:30:32 AM
 #1687

It is good to save money for your child/children, we don't know what will happen to bitcoin in the near future, if it will still be the same way as now, or even better or it will not, we can't say the future of bitcoin, but being ready is good. Investing bitcoin now and earning profit in the future is a good way of saving for your child/children.

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anushkasachith888
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December 24, 2017, 10:09:49 AM
 #1688

Honestly This is the best asset any parents can gift to their children If BTC survived till then ( I hope it will exist being the future of currency )

WJY123456789
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December 24, 2017, 11:14:16 AM
 #1689

It's a way of investing, but I think there are some conservative ways to do it.
paragon07
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December 24, 2017, 11:17:27 AM
 #1690

I have no still children, i earn and save some more bitcoin to my future family. Im starting to invest so i have better earning to give a better life to my future children
imyashir
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December 24, 2017, 11:33:33 AM
 #1691

I have a paper wallet for my child that I can not move. I bought 3 bitcoin was january 2017. a 1 bitcoin was my secret for my son for his future just in case I was going to die in the accident the private key bitcoin I was printing to his original birth certificate. Maybe someday my child will recognize bitcoin just in case I can not point out to him. We do not know what's going to happen to us.
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December 24, 2017, 11:35:54 AM
 #1692

Thats a great move and I will do that also. Ill save some of my bitcoin for my children and for future expenses. Who knows what will happen years from now. Maybe bitcoin price will continue to rise and many people are into bitcoin now or it could be the other way. Im excited to see where bitcoin will be in the future.
duyduc256
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December 24, 2017, 11:38:37 AM
 #1693

I have a paper wallet for my child that I can not move. I bought 3 bitcoin was january 2017. a 1 bitcoin was my secret for my son for his future just in case I was going to die in the accident the private key bitcoin I was printing to his original birth certificate. Maybe someday my child will recognize bitcoin just in case I can not point out to him. We do not know what's going to happen to us.
wow you are such an interesting man. I think I should apply this because I do not want all of my Bitcoins to disappear in vain. Now that my son is 12 years old, I think I should start teaching my son because in the future if there is a problem, all of my Bitcoins will be decided by my son.
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December 24, 2017, 10:27:53 PM
 #1694

I have a paper wallet for my child that I can not move. I bought 3 bitcoin was january 2017. a 1 bitcoin was my secret for my son for his future just in case I was going to die in the accident the private key bitcoin I was printing to his original birth certificate. Maybe someday my child will recognize bitcoin just in case I can not point out to him. We do not know what's going to happen to us.
wow you are such an interesting man. I think I should apply this because I do not want all of my Bitcoins to disappear in vain. Now that my son is 12 years old, I think I should start teaching my son because in the future if there is a problem, all of my Bitcoins will be decided by my son.
Do you really want to teach your son know Bitcoin when he is just 12 years old?
Hey mate, I think you should consider again, I already read some alert from the other experts in cryptocurrency trading, included theymos ... all want us should avoid the bubble price of Bitcoin.
That is speculative if you want to saving Bitcoin for your child, because nothing guaranteed.
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December 24, 2017, 10:38:03 PM
 #1695

I think that bitcoins price will fall down dramatically in a few years, but in 10-20 years it will reanimate, so at this period it is a good present for your children
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December 25, 2017, 08:24:02 AM
 #1696

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 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.
The best thing which you can have for your children for their better future is none other than that of keeping bitcoin. Holding of bitcoin and that too for your children is the bets thing to so and it will help them in meeting all their needs in a better way.

By that time, the market value of bitcoin will be much higher than its current market value. So, it will really help them in meeting all their needs and wants.
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December 25, 2017, 10:27:16 AM
 #1697

Yes it's good idea, because bitcoin price is always up just imagine when you bitcoin now for your childern and when they gruw up and go to school you can cash that bitcoin and use for they college.
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December 25, 2017, 10:59:47 AM
 #1698

ya you save in btc upto 2030, after it has tough time i think   Huh
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December 25, 2017, 11:03:53 AM
 #1699

Bit funny idea but it would be an wise decision
Pancheng
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December 25, 2017, 11:11:29 AM
 #1700

Saving bitcoin for the children future is a great idea.......
Keep it up pops

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