Saving Bitcoins for your Children.

[lhea056]

bitcoin is very important to me but before it my children are really important that is why i am focusing in bitcoin i need to save up more to gain profits and save income for our sons bank account so i can secure his future , i need to save for his education , basic needs for his future because  i don't want to be a useless father if i cant even make my son into school . i need to save up to feed him and give him his needs and also for his future insurances as well . I just want to prepare everything for him so it will not be a problem when time comes . thanks to bitcoin because i can give my sons needs and wants .

[bololord]

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.

Good idea when it comes to saving money for the future. Children are most important ,specially  to their security when they grow old and for emergency purposes needed. Bitcoins helps each and everyone to be financially stable.

[nesty]

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.

Yes i had been doing this since last year. I do invest in bitcoin for my kid for her future. Investment in bitcoin is one of my way to be able to give my daughter a better and bright future specially for her studies and savings when she grows old.

[nelmari]

I am also doing the same thing, in fact I am saving bitcoin for my daughter and for her college. And I got to a point wherein I asked myself where to place all the information for my holdings and think of scribbling down the passwords and all that although it does take some time but at least it is very safe and no one could access it.

[Dapper]

It's a good idea IMO as long as you were an early adopter OR if the amount you are investing is not a large percentage of your portfolio.

[busua]

Now a great part of what I do is for my family, of course, when my children grow up to a certain age, I will tell him about the principles and knowledge of bitcoin, let him personally explore the mysteries of bitcoin .

[viarathel]

bitcoin is so much interested that parents can buy and store bitcoin for kids in the future, I think you better save in the real world because this is not risky than bitcoin, but if you still want to make bitcoin as an investment for your child, it can be done by backing up your important data and then writing down your wallet address, password, pin and other important data in the computer, the diary, on a piece of paper and stored in a box and giving it to your child.

[Lingesh]

Saving Bitcoin for next generation is good for our children. Our parents don't know bitcoin because it was not created in their generation. We are luck, we know about bitcoin. Our children will get a safe future if we save bitcoin for them.

[yolucky]

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.

This is interesting.

[globalking]

it is a good idea this will secure your child's future it is better to invest in bitcoin rather than investing in gold or plot

[Quarantine34]

Yes, i will save some of my bitcoins for my children, for their future. I will invest my bitcoins for my children when they grow up they will have more money for buying expensive things and for financial support.

[Lorin]

Why not.bitcoin can help you to save to your children for their future. Nowadays all the expenses are increasing that's why it's a better way to save Bitcoin even If you have a regular job.once you need money you can use your Bitcoin savings.

[DannyHamiltom]

I think that's a pretty good idea.
I'm going to buy a bitcoin for my son as an investment.
When my son got married, I gave him the bitcoin as a gift.

[dicom]

I see bitcoin as an investment, and I save the money I earn to give my child the best life and education, which I think is the best way to do it. If he is interested in bitcoin when he grows up, I'll tell him everything I know about bitcoin.

[Gingsa]

Why not?
Saving money for your future or should I say for your family especially for your children. You must save your money from earning bitcoin every month because all of the things needed of your family is increasing now a days. So you should now start saving your money.

[aaland11]

I'd rather buy almost each top10 coin and forget about it till my kids grown up 

[bimbomalt]

Great ideal but the risk is high if security is not improved and it not stable.

[Boi qaaf]

It could be a good option, only if one can safely avail them for future. For example, you can create paper wallets and put up some amounts of it as feasible to you and your children can use them anytime later for business or studies. But this stays true only if one feels it has that aspect to stay it that long if the market keeps the demand on for the BTC.

[Fatmoo]

It is a good thing to save Bitcoin for my children. I write down all the confidential information and explain everything to them. Since my children like online games, I let them play gaming faucet so they can also earn Bitcoin for themselves. But of course I give them limitation in playing and prioritized their study first.

[sungaiyangderas]

It's a good idea and smart from you, props for you.
Saving something every month (fiat, btc) for our children, this is the best way to give them something to begin with, you never know what the future holds and if now we can save something that is something everyone should do.