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Author Topic: Saving Bitcoins for your Children.  (Read 24437 times)
yourialfa
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January 11, 2018, 08:30:03 PM
 #1941

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

this is a very good idea. I'll try that, while I'm young. My youth is still a lot and it seems that I am thinking about this for my child. Maybe in the future bitcoin prices will soar.
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January 12, 2018, 05:07:09 AM
 #1942

If I start pouring my savings into bitcoin and leave it there no matter the price goes up or down, then before I'm gone from the world definitely I'll leave my will with the lawyer to pass on the private keys to my kids.  Grin
feelthebern98
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January 12, 2018, 05:10:36 AM
 #1943

I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.

Entered the post and saw this, I do exactly the same, hope she will be able to enjoy a decent life if something ever happens to me
akiraminai
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January 12, 2018, 05:18:03 AM
 #1944

It is obvious that your account will be passed down to the ones you trust. But I think children is halfway impossible though, Bitcoin is not stable enough for me to say that " a teenager like who will somehow have children in the future can pass down my bitcoin account" because we don't know if how many years bitcoin will survive. And yes! I am planning on keeping it myself
readygoaw
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January 13, 2018, 03:55:15 PM
 #1945

I have devised a way to save bitcoin for my children. I will used my bitcoin to acquire properties for my children that can take care of them anytime any day. I will also make sure my wife is aware of my bitcoin account details so that they will takeover it  if something happen unexpectedly.

this is really rational way to spend Bitcoin. I am quite confident in Bitcoin but its price can be fluctuated in wide range. So don't be sure that your children will get those sum of money that you expected.
Kanda Yu
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January 13, 2018, 04:03:58 PM
 #1946

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 would really be a nice thing if this matter would be handled by anyone with authority. We are all clueless on when are we gonna die and we don't want our money to go nonsense wherein nobody can use it even our relatives. If ever I would die, I want all my bitcoin to go to my family, I hope some few things would be made up for the convenience of the assurance so that it would go to them if ever.
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January 13, 2018, 04:06:31 PM
 #1947

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 working hard here in bitcoin because I want to make sure that my future family's life would be better. This kind of concerns should be answered or entertained. If ever this problem will be solved, great convenience will surely come for us, the users and investors. I want to make sure that everything that I've worked hard for would die and be gone together with me instead I want it to go to my family.

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airdnasxela
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January 13, 2018, 04:30:37 PM
 #1948

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
Like what most of the people would like to happen with their bitcoin, I also want to make sure that my family can claim all of my savings from bitcoin when the time comes that I'll leave this world behind. I don't think this matter is already handled by someone but if it is, I think it would really be a great thing and it can ease the worries we are having with our bitcoin in the future.
Johnyfun
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January 13, 2018, 04:33:20 PM
 #1949

That's good idea to ensure the future of your children..to have them a great future someday.  Wink
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January 13, 2018, 04:41:38 PM
 #1950

I have devised a way to save bitcoin for my children. I will used my bitcoin to acquire properties for my children that can take care of them anytime any day. I will also make sure my wife is aware of my bitcoin account details so that they will takeover it  if something happen unexpectedly.

this is really rational way to spend Bitcoin. I am quite confident in Bitcoin but its price can be fluctuated in wide range. So don't be sure that your children will get those sum of money that you expected.

Saving bitcoin for your children is a good option.Instead of savings properties to your childrens,you can save bitcoin for your childrens.Since the price of bitcoin is keeps on increasing,if you inverse now means.Your childrens will get very huge dollars in his hand.

SanjeewaCrypto
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January 13, 2018, 04:47:36 PM
 #1951

I too agree with the author's last few comments.... It is worth enough to invest on bitcoins but passing those to the second generation as deeds can be a gamble....
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January 13, 2018, 04:57:29 PM
 #1952

I have devised a way to save bitcoin for my children. I will used my bitcoin to acquire properties for my children that can take care of them anytime any day. I will also make sure my wife is aware of my bitcoin account details so that they will takeover it  if something happen unexpectedly.

this is really rational way to spend Bitcoin. I am quite confident in Bitcoin but its price can be fluctuated in wide range. So don't be sure that your children will get those sum of money that you expected.

Saving bitcoin for your children is a good option.Instead of savings properties to your childrens,you can save bitcoin for your childrens.Since the price of bitcoin is keeps on increasing,if you inverse now means.Your childrens will get very huge dollars in his hand.
Indeed. It is time to save for out future. We all know that all of us gonna build our own family. The house, the family, the children and everything just for our future. We all want a better future. We do this for our future.


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VFuerte92
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January 13, 2018, 04:59:45 PM
 #1953

Wow I think that is very smart with a lot of forethought! I just recently had a son and man I would love to set him up for his life, since he's not able to participate in the current market lol  Grin
Lorin
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January 13, 2018, 08:43:03 PM
 #1954

Yes,why not.All of us want to save for their future specially to those who are in married status.They/we save for the future of our kids.Its a good opportunity to save using bitcoin because we know that the value of it is still rising.Being wise when it comes to money is important.
whitemacna
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January 14, 2018, 05:59:16 AM
 #1955

For me yes, I give my children bitcoin for their future, I reserve them for their schooling.
Every child I spend on their future.
xiaohao111
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January 14, 2018, 06:20:05 AM
 #1956

I think it can, you can now invest part of the currency, to your children, after many years, such as your children grow up, the value of the currency could be far higher than now, it's a good investment
RheamaeElbanbuena
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January 14, 2018, 06:39:00 AM
 #1957

to have my child eat well and when I need them I will give them and my family will also have my savings so much as they would like to provide and when there is a school project they will give me and that I will not be ashamed of my child
Jembut Ireng
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January 14, 2018, 07:22:06 AM
 #1958

Bitcoin can be inherited for our children and our offspring, the way is we have to teach all things about bitcoin so that if one day we die then they get a very valuable inheritance and make their lives better.
danzo11
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January 14, 2018, 07:40:06 AM
 #1959

it seems to save the bitcoin for children is a good idea, especially with a wiew the bitcoin now is very promising in the future.

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kiki52
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January 14, 2018, 11:02:56 AM
 #1960

i think i will working on it. because bitcoin so promising and i want to make to good future for my children. now i just invest and trading and i will save a half for my children.
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