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Author Topic: Saving Bitcoins for your Children.  (Read 24437 times)
cryptojoe
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January 16, 2018, 08:41:55 PM
 #2001

I don't really think about saving bitcoin for that long.
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CowboyKiller
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January 17, 2018, 08:52:24 PM
 #2002

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
Its nice idea to store BTC for our future genertion but its highly risky to store amount in your wallet as one may loose his/her private key and password it turns your wallet unaccesible and you loose your amount but at the same time it it will make children aware about Bitcoin and then price of BTC will go to moon
Go to the moon and when the price of Bitcoin reached this target Roll Eyes? I just understand "the moon" is the words for pump coin, it not to uses for a coin is dumping the price more than 50% in the value within one month.
teejaymuna
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January 17, 2018, 08:55:40 PM
 #2003

It would be great to be able to do that and I'm sure you can. However, you should be careful to not loose your details and also to share with a third party so that if anything happens to you between now and when your children become old enough, they can access your savings. However, even this can be still dangerous. You really have to be careful with your choice.
Lomberjack
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January 17, 2018, 09:00:00 PM
 #2004

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
It will be such a great move to consider saving Bitcoins for the sake of your children because of the capability and capacity of Bitcoin to grow, for sure that in the future at the time when they needed it the most, they will have something to spend off because you have already prepared a financial assistance plan in terms of using Bitcoin so it will be just easy for them to have money. What you will just have to do is to keep your Bitcoin earnings for good and for the sake of the good future of your children.
harbin55
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January 18, 2018, 06:17:14 PM
 #2005

for now saving bitcoin for our children is very good strategy for your future because for now bitcoin is always increasing its price and bitcoin is always be users by many people and it is so in demand in the whole world thats why it is good to save a bitcoin for your family or children, because when the time past three bitcoin will increases his value and be more valuable than this day and when you save bitcoin you will get Rick in the future.
Tmandeep
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January 18, 2018, 07:17:40 PM
 #2006

You need to save your bitcoin for your survival. Bitcoin can invest the life of your children, which will change your future.
Thanks
lani123lani
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January 18, 2018, 08:02:39 PM
 #2007

I think it's good to keep bitcoin for kids too, we know that bitcoin will explode in the near future, to ensure the future of children. I saved bitcoin for my child, but when I moved into my wallet, I received money from my wallet and then I deposited it in another bank account.

copoyes
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January 18, 2018, 09:07:21 PM
 #2008

saving bitcoin for children. good move ,save some bitcoin for the child's future
so no need to worry about the future when the children are grown, can also teach them
gradually what is investment ,in our era alone bitcoin is good
could be fitting in the era of children later
more than good
Selenites
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January 18, 2018, 09:33:36 PM
 #2009

A friend of mine gave 15 ethereum to one of his kid for his birthday back in 2017 when it was 150$ i think, I wish bitcoins exists in my time!
Maybe in the future they will make gift-bitcoin-card with a wallet automaticaly create, or does it already exist? that be cool!
binting
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January 19, 2018, 12:50:45 AM
 #2010

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
Bitcoin from my children, yes bitcoin have a helping others from our needed everyday because if you have a invest or high quality level of bitcoin you can withdraw it to buying other things that you needed and allowance for my children sio that bitcoin is a good and helping other family and not for children, its for us
Rkss4
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January 19, 2018, 12:53:52 AM
 #2011

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.
I create a bank account and save Fiat paper money for my children. If I were a bitcoiner, I would save bitcoin for my children for future.

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Oscar1979
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January 19, 2018, 01:03:10 AM
 #2012

 bitcoin is not very convincing in the future, because the government can ban bitcoin from circulating again, and all the bitcoin that has been in the tube disappears I will be preparing my legacy in different forms like stock exchange, usd, little btc and little alt coin
Geoll29
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January 19, 2018, 01:39:42 AM
 #2013

We can pass our bitcoin investment to our children. They just have to be aware of how it works so everything will be alright when we leave this world. I will provide different type of investments for them and not just digital currency.

fanita
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January 19, 2018, 01:55:16 AM
 #2014

save the bitcoin for the child must be because you will pay for your child's life and send him to school. so you have to collect the bitcoin so you can give it to your child, and you should keep the bitcoin in a safe place if you do not keep it in a safe place then you will be in vain. bitcoin is a forum that will bring better future, you should use bitcoin in the way it has been applied so that you can easily access all that is in bitcoin, being on the right track with bitcoin fractions will be of great value.

Glydel1999
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January 19, 2018, 04:05:05 PM
 #2015

it is good to save bitcoin for your children but for now you need to invest that bitcoin for you to earn high amount of money and gain more bitcoin for your future life and investments.
balakang00
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January 19, 2018, 04:45:58 PM
 #2016

I’m gonna give my children my bitcoin because it will help them in the future. If they got interested in bitcoin trading, I’m gonna teach them how to earn more but still they have to find a job so they will have more income in the future.

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January 19, 2018, 05:32:49 PM
 #2017

Still has to be proved that when our children will grow there still will be Bitcoin around. Of course there will be some crytocurrency, because cryptos won't go away, but Bitcoin? Hmm...

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Wolf of Btrex
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January 19, 2018, 06:12:41 PM
 #2018

It's great idea to saving Bitcoin for my children. Better then save from bank. There is not profit much if I save bank. But if I save Bitcoin now it will better for my children.  I will start save now Bitcoin. It's really great idea. If I save a litle amount monthly it will become big after some years. I will suggest also every body . Start saving Bitcoin now.
Blackmet
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January 19, 2018, 06:36:04 PM
 #2019

Nowbody know what will happen with bitcoin in 2-3 years and it's stupid to save it for your Children. Gold is much better in this case becasue it's time tested and even more cheaper to keep buying all the time.

daarul50
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January 19, 2018, 09:48:41 PM
 #2020

My plan on bitcoin is not so far let alone my single status. My closest plan now is to save bitcoin as a savings to open a real business at a later time so I can work and process bitcoin simultaneously just in case because until now the future of bitcoin is not necessarily what its fate when viewed from the progress of news from the government that always complicate people who use bitcoin to date even though the government will not be able to control the movement of bitcoin due to the nature of bitcoin in the form of decentralized.
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