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Author Topic: Saving Bitcoins for your Children.  (Read 24437 times)
Addywealth
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January 30, 2018, 04:44:13 PM
 #2101

What happen if the wallet got hacked before your child(ren) is mature to use it, I will rather suggest you invest the bitcoin and use the proceed to get a fix asset for them and let know in the future that you got that asset from bitcoin investment.
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greggypiggy
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January 30, 2018, 04:50:06 PM
 #2102

That was a good idea. Save bitcoins for your sons or daughters because you never know what will happen in future. They might get interested in learning how to manage bitcoin. Its better to save rather than producing it at exact time.
IsabelCornd
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January 30, 2018, 04:55:30 PM
 #2103

It is not necessary to save money for your children in bitcoins. Better to use gold in this case because bitcoin can fail at any moment after your retirement and your work would be done for nothing.
dvillier
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January 30, 2018, 06:40:04 PM
 #2104

saving Bitcoin for children is the best way to make our children strong in their life. Let suppose is our parents save bitcoin for us before 5 year not too much early, now we will be  rich and we will not need to do regular job. So If we save bitcoin for our children then the future of our child will be very good and they will enjoy the income of the bitcoin in their future.
Xerox101
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January 30, 2018, 07:08:05 PM
 #2105

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's a good and brilliant idea for the future of your children. but make sure that all those documents were place in good and safe. I am planning also to take this as opportunity that bitcoin in future will blast and make more profit and I can save for the future of my children as well.
Ram krish
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January 30, 2018, 07:14:54 PM
 #2106

It is necessary to save Bitcoin to our children for their future. Comparing to gold and land bit coin is the best way for their future. If suppose our parents save bitcoin for us we will be rich now. So it is the time to save bitcoin for our next generation.BTC
kadutz25
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January 30, 2018, 07:17:16 PM
 #2107

I think we should keep bitcoin as a savings for our children because bitcoin can be used as a savings for children's education expenses so I strongly agree if we keep bitcoin as a savings for our children. Wink
newb-dev
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January 30, 2018, 07:19:28 PM
 #2108

It is a good thing to save bitcoin to your children. In the past 6 years bitcoin increased a lot. Who knows how is it gonna be in few years when your children will be old enough to start their own lives...
Anamika143
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January 30, 2018, 07:36:44 PM
 #2109

Now bitcoin is a very valuable coin its really. I hope i future its price will very high than present.
So I tell you save bitcoin for your children, if you can. It will better for your children.
Lingesh
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January 30, 2018, 07:41:01 PM
 #2110

It is really good to save bitcoin for our kids. The will be rich in future. It is better than assets and gold. If all countries accept bit coin then our kids will rich in future.
Dico88
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January 30, 2018, 08:47:47 PM
 #2111

I will think of bitcoin savings for my offspring is children in the future but it will likely take more than ten years before I have kids that I want to enjoy for life and I want to use them in the future if I have a little baby with my wife of course I can use that money as best I can in the future but if I will hold it that long and have doubts about bitcoin death then my choice to use it while I look forward to my child born in order to have the whole process of his brain before I will teach him about bitcoin until his son adult. Cool
Shishimanu
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January 30, 2018, 08:55:37 PM
 #2112

I don't have a single Satoshi how could i save btc for my children?
First i have to earn some than saving comes.
oiucoin
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January 31, 2018, 03:17:31 AM
 #2113

This idea is OK, because of the great appreciation of bitcoin space, raising children is also a need a lot of money, so for children to save bitcoin is necessary, of course, you need to have a principal now.
goocoin
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January 31, 2018, 03:48:03 AM
 #2114

I will think of bitcoin savings for my offspring is children in the future but it will likely take more than ten years before I have kids that I want to enjoy for life and I want to use them in the future if I have a little baby with my wife of course I can use that money as best I can in the future but if I will hold it that long and have doubts about bitcoin death then my choice to use it while I look forward to my child born in order to have the whole process of his brain before I will teach him about bitcoin until his son adult. Cool

I should not save bitcoin for my kids. Times change too fast, maybe there will be better investment tools.
Ukaraki
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January 31, 2018, 05:10:35 AM
 #2115

that's a nice and smart move from you, props to you.
Saving something every months (fiat, btc) for our childrens it's the best way to give them something to start with, you never know what's the future holds and if now we are able to save something that's something that everyone should do, think about our childrens!

I would buy an hardware wallet in a security box in a bank (or hidden somewhere safe aka fireproof, waterproof, dustproof, etc.etc.) with the instructions and give all the details to another trusted person, that's it.
I do not have a family, so Bitcoin has not thought about it because it's too far away, Bitcoin is growing, and in the future, it has more people interested and more investors, now Many hackers are active, and if you store your Bitcoin they may attack
gayan84
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January 31, 2018, 05:12:35 AM
 #2116

that is good idea. nice topic
vanjava
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January 31, 2018, 05:19:26 AM
 #2117

Maybe this is one so that our property is invested into bitcoin in order to stay awake for my son's savings later. this is a good idea.

VampKing
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January 31, 2018, 05:22:21 AM
 #2118

You got the exact point. You can write down the seeds, passwords in a offline paper or note. You can also use Hardware device to store your account details. Then you may put them in a locker in a bank for safety purposes.
ArnoldKama
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January 31, 2018, 05:22:41 AM
 #2119

I think it's a good idea.
I'm going to buy a bitcoin for my kids as an investment.
I think this investment will pay off handsomely in the future.
redentor03
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January 31, 2018, 05:38:41 AM
 #2120

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 is the best thing to do ,if you have a family and you want to secure your family.if you want to have a great future then you should save bitcoin for your children.but you should really nthink first because we all know that bitcoins value is not really stable or profitable so it would be wise to think first.
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