Saving Bitcoins for your Children.

[AteenaD]

Hats off to you. I'm seeing you as a very responsible parent. Your children are lucky to have you in their lives.
Write down all the valuable details and entrust them to your confidante or better yet put it in a safe deposit box. But be sure to have an extra copy just in case.

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[maikelujang]

Yeah, it is a good idea, if we save bitcoin for our children future wise, then of course after 10 or less than 5 years, if we permanently hold it then 1 bitcoin could give us 10% to 100% profit and it is a huge profit to make bright future for our kids. Actually we need money for our children for their education and married and if this problem will be solved behalf of bitcoin. Then it is the best benefit of bitcoin

[PepperaOnIt]

this is not a bad idea but how can we sure that bitcoin will last until your children needs it, bitcoin now is not so sure to last until a few more years because there is a government that against it. if they agree about crypto currency to become legal. that must be the good opportunity to invest bitcoin for your children.

[abhishek273b]

 :)He wants to catch fun yes I know... But I'm planning his future for him though he might not know the use of the currency anytime soon..

[4U]

This is simple and easy to do. It's what I'm doing for the grandkids. I have a different paper wallet for each of them, and every year I add $X-worth of bitcoin on their birthdays. That makes for nice dollar-cost averaging. And it leaves me in control of the funds, should something unexpected happen in the meantime.

I think it’s a very good idea to keep save bitcoin for children because bitcoin is very good for saving as well as we know that everything is going so expansive now a days and education is also very expansive so it can help them in their higher education or they can use it for its future it’s such a good currency it can help you in your present and also it can help you in your past and I’m sure that there will be a lot of  people who will do saving for children’s.

[mel1978]

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 made paper wallet and printed it for security reasons then I kept also my secret password and private key in my USB for future references purposes. I have made some safety measures about my wallets because I want to keep my savings securely and this is a very important thing to do remember it involve money so be careful.

[dontoromeo]

I do not know if it's very safe to save it in this way. If the BTC falls, where will the savings of the children remain? In the air? so is.

[cryptoamumu]

You could put a bitcoin on a hardware wallet, then the child could actually hold something physical in their hands. The bitcoin is actually not on the actual device itself, so if the device is damaged, you can still access the bitcoins. The wallet is just an extra layer of security or a key to access their bitcoin. Maybe store the hardware wallet in a bank safe and when your child is older, they can decide what to do with it.

[oviudiu]

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 Bitcoin for your children should be a way of saying saving Crypto for your children. You should save Altcoins + Bitcoin for your children, have a diversified portofolio for your children. They will thank you!

[blueblueman]

I think that the bitcoin won't be the big winner of the cryptos. Bitcoin was a good idea but now the technology is too old. You must be crazy if you think that bitcoin will stay the first crypto in 2018 2019 2020...

[Hanablue]

Well I dont have that much to save for my children at the moment but I will keep few for them. Currently I have been using trading and its very risky.

[Laxamentor]

Was just thinking about it today. I think it's a good idea, as long as it's just "what if" kind of thing, with small sums, and not the main place for investment.

[chizmark]

That was a good idea to invest bitcoin now for children for their future..even your investment is not that big or you can invest a small amount ,in the future youll never how much is 1 bitcoin.we never know, but when worst come to worst if bitcoins amount drop that time..your investment is just small..but when bitcoins value is bigger that time well your child will thank you for your brilliant idea for him/her...well all of this is just theory lol

[RiskySanchez]

Do not think too much about the future. Think about what you want right now, BTC is used for long term investments but it would be better if you use BTC for yourself and your nearest person. live only once then enjoy what you like

[greenbitsgm]

Honestly,what we are doing now is already for the future of our children,if you have family.For me,having an 8-5 job is already exhausting and then add-up the  time spent in this forum,like reading,posting and joining any bounty campaign makes it a lot more harder,correct me if i am wrong.But we do this to earn an extra income for the sake of our family,for our kids so that we can give them a better life to live on.If you're a family man this is the reason i see why we are wasting time in this forum.Earn Bitcoin and save it for our future.

[shezu007]

Well, BTC is a crypto currency and you can easily change to any currency. So if you have large number of BTC then its good decision to save your BTC for your children. As BTC price is varying and mostly price is increasing so your BTC will have strong assets for your children.

[leonora galvan]

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 have a lot of plans in our life thats why i join bitcoin for the future of my children,no matter what i have to be patience in joining bitcoin.i have to earn more and more until i will reach the time to sell my bitcoin in a good price for the future of my children.

[yashjaat]

You can apply Bitcoin to your baby and save Bitcoin to live well, and you can invest a baby bite in your child's brain.

[alexsandria]

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.

For me, yes that is good because somehow many people nowadays are need to have savings not just to buy things they want but to buy things that they needed to and to be able to have some emergency money in order to support and to resolution some unexpected problems about financial. And also for your family in the future and your future kids that somehow will study.

[noormcs5]

Well, BTC is a crypto currency and you can easily change to any currency. So if you have large number of BTC then its good decision to save your BTC for your children. As BTC price is varying and mostly price is increasing so your BTC will have strong assets for your children.

Yeah, I also think that bitcoin is an asset then we have a choice to save bitcoin for our children's future plan, and i also start my plan becasue i know when kids grow up then parents need more money for their good education and their bright future, and now we have a time to save the money in bitcoin shape for our kids.