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Author Topic: Saving Bitcoins for your Children.  (Read 24437 times)
EugeneJanet
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March 11, 2018, 06:43:49 AM
 #2501

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's a good idea. Now the development of bitcoin is very good. When the children grow up, the bitcoin investment is going to appreciate, it will get a lot of benefits, you will be happy for today's choice.
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Gudhal Untu
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March 11, 2018, 06:44:11 AM
 #2502

Bitcoin is an asset so if we keep it for a long time then it will be profitable, i never hesitate to saving bitcoin for children even though i am currently single and married about 2 more years. I want to make children and their future brilliant.
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March 11, 2018, 07:23:12 AM
 #2503

i think this is a good idea for the future. because BTC always rise up in long term. Besides, it can be accepted likes an official currency in the world. So, saving it for your children will help them have a good fund for the future

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galkina
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March 11, 2018, 07:49:12 AM
 #2504

I'm still very young, so i don't have a though to have children yet, near in the future.
For me, now i'm investing bitcoin for myself. So after i graduated from college, i already had enough assets and can live my life well.
But maybe after i have a proper job and many bitcoin savings, i'll spare some for my children in the future. So they will have a nice life and doesn't need to worry about anything anymore.

Nice to see that someone is so open and true about his investment. I guess most of people would like to enjoy benefits of bitcoins or other investments themselves. Regarding children, if you are able to provide them good education, that is more than sufficient. They will find ways for themselves and thus survive better in this cruel world. If they get a lot of money inherited, they might get involved in bad activities. I guess, even if you are leaving a lot of money after death, you should have a will making children eligible after a certain age.

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Joylee
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March 11, 2018, 07:55:27 AM
 #2505

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
Ferry5757
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March 11, 2018, 08:04:23 AM
 #2506

That Nice  Smiley Saving for our children is a good ideas, mostly wen saving bitcoin for them is very necessary and it is good for their future usage Like for their educational aspect and other requirements, by saving for them it will help to reduce more expenses from the parents. now that we are in digital world the wallet address and private keys can be stored in PC or in written document.  Wink
Techie5879
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March 11, 2018, 08:08:08 AM
 #2507

It would definitely help them, I believe. It is a good idea, as bitcoin is very likely to be the universal currency of the future, and people will be able to transact across borders freely. The concept of unique currencies for each country will likely vanish in the future, and investing beforehand in bitcoin will give the next generation a good chance of staying ahead of the others in the race.
However, you do need to make sure they really are secure and you next generation gets them, so you will need to educate them about bitcoins, and give them access to cold storage where you should keep your bitcoins at the right age, so they donot waste it and understand the value of the stuff.
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March 11, 2018, 08:19:05 AM
 #2508

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

maybe one more thing to make your bitcoin secure for your children one day is try to make a back up files. aside from writting down. you need at least 5  back up file to save your bitcoin private key and walles also your bitcoin user name.anything that you think is importante for bitcoin to access you should save.
JMD07
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March 11, 2018, 08:25:52 AM
 #2509

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
That's great. Indeed this will be big money in 10 to 15 years from now. Bitcoin is a decentralize currency and due to limited quantity people will hold their coins and hoping the price will go up in the coming years which I think significant that has a potential to go up at $50K. With that price you can assure a good future for your children.
cold cool
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March 11, 2018, 08:28:10 AM
 #2510

I also think that we should save some BTC for our children, from a decade ago, if we could store a few BTC, we would be very rich now.

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March 11, 2018, 08:31:13 AM
 #2511

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
That's great. Indeed this will be big money in 10 to 15 years from now. Bitcoin is a decentralize currency and due to limited quantity people will hold their coins and hoping the price will go up in the coming years which I think significant that has a potential to go up at $50K. With that price you can assure a good future for your children.

it doesnt matter if bitcoin is limted or not because what matter the most is its purpose or usefullness on why we should hold and kept it. some people do also hold coins with unlimited or have a billions supply because they think that it is worth it or they think that it can also pump in the future. any ways, saving bitcoin for your children is also a nice idea because as soon as your child is growing , the value of bitcoin is also rising. you can then use that profit in order to give your children a bright future.
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March 11, 2018, 09:06:10 AM
 #2512

Good idea if someday our child have bitcoin, maybe in that time bitcoin is high value, no one tell us, in God will maybe your child become a millionaire.l, just secure your a password and make a take note to your child.
Mystogan915
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March 11, 2018, 09:19:05 AM
 #2513

It's a great idea, because i will do this idea, saving money to my children. I will invest my money in cryto and when time comes i will it and gain huge profit, and I will save 1/4 that i gain then i will invest again the 3/4.
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March 11, 2018, 09:23:25 AM
 #2514

That is not a very good idea since bitcoin will die eventually
most probably when quantum computing becomes public

bitcoin will be obsolete and worth nothing

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Joylee
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March 11, 2018, 09:28:29 AM
 #2515

It`s rather a good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education.
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March 11, 2018, 09:33:54 AM
 #2516

It`s rather a good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education.

How about you? Do you save some bitcoin for your children?
Actually it should be great if we can spare our bitcoin for our bitcoin future..
As we know, all of our hard work to job online and also offline and all of them is just for family better life.
Geemy
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March 11, 2018, 01:15:57 PM
 #2517

If you leave the house for your children, I think if you have this patience and wait, the price will be more than surprising at this time
jdeanne92
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March 11, 2018, 01:25:51 PM
 #2518

Honestlybi am doing this right now. Securing their future is my top priority. I know one day, this would help them and they would be glad i did this
#CR7
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March 11, 2018, 03:50:14 PM
 #2519

I think its invincible idea, because of saving bitcoin can be investment long-term not troublesome and easily got advantages, but we must in addition to be cautious because we dont know what will happen as regards bitcoin a few years ahead, could have been bitcoin more than or may be just getting growing
Triffin
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March 11, 2018, 07:52:12 PM
 #2520

It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
The income from bitcoin is very encouraging. But to keeping bitcoin for long term investment will be very good and appropriate. We can keep bitcoin for our children in future it will grow faster. As it is long term investor coin. So keeping bitcoin for children is not a bad idea. It can help our children in modern age. As the new age of bitcoin is coming.

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