Saving Bitcoins for your Children.

[Alijiindahaus]

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.

  I do not think it's a good idea to store bitcoin for your children. There are so many nuances that may prevent future use of bitcoin by my children. The best option is to teach children everything you know yourself and they will have a choice either to work with bitcoin yourself, or leave this activity for others. I think it will be right.

[maminelly]

for me,its a good idea to have a saving...saving is good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.

[seriyamanan]

This is a good investment, because if you save Bitcoin for your children, then they can help them in the future and maybe the cost of Bitcoin in the future is too high.

[jakirdj95]

Saving is best for your children. they are settle in tha future finances and they will not be worry about in any financial aspects and possible that tha bitcoin you save might get higher or increase its value and that would be very beneficial to your child. so right now you must keep on working in earnings bitcoin as will, you must need to work hard to ranked up to become a hero or legendary member, so that you can earn big in joining signature campaign and save all your income so that in tha future you can be able to get rich see my friend it is cryptocurrency and you have to be planned to safe guard your investment at least we should focus on how to secure it which is possible by anyone so it is not a big deal for you and you can take tha help of your wife see can handle it.nothing to worry about tha future with bitcoin tha decision you have take to plan tha saving with bitcoin for your children is once again appreciated.

[U20]

in the long run the bitcoin will surely win. I'm sure of that. We must hide the bitcoin for our children. It must be their inheritance after many years. we can't be rich, I hope they will rich with the bitcoin.

[Kayum10029]

Yeah thats a good way for you to ensure the future of your children but I think you should really think first because we all know that bitcoin's value is not really stable or profitable so it would be wise to think first.

yes i reserve bitcoin for my wife and children. not directly save bitcoin but i converted bitcoin into papar money then i save it nearst trusted bank.

[Fujiati]

yes I will invest bitcoin in the long term so that my child can benefit from the bitcoin I investasika from now. I want my child to live happily in the future. I'm sure if buying bitcoin from now will get a huge profit in the future because bitcoin prices will rise from year to year.

[Xester]

Yeah thats a good way for you to ensure the future of your children but I think you should really think first because we all know that bitcoin's value is not really stable or profitable so it would be wise to think first.

yes i reserve bitcoin for my wife and children. not directly save bitcoin but i converted bitcoin into papar money then i save it nearst trusted bank.

Well that is a good thing.  We should maximize the use of bitcoin or I mean we should take advantage the earnings we get from bitcoin.  We do not know as to when we will be having this opportunity to earn.  I will start what you are doing.  But if we will just keep it in our wallet as bitcoin, its value could goes up.

[Yzhel]

in the long run the bitcoin will surely win. I'm sure of that. We must hide the bitcoin for our children. It must be their inheritance after many years. we can't be rich, I hope they will rich with the bitcoin.

You are right, that is why while still we have the chance to save bitcoin for our future let us just do our part, don't let yourself not having a bitcoin even for a little that you can use for the future of your child, so save now while we still have time, don't hesitate.

[See Om]

I think why not. While it may be a lot of hackers but it's more apparent. of the world all-round digital. I think is great if we're saving up bitcoin. If a question of risk. save money in the real world could also be lost. as more thieves than hackers..

[Lyd]

It is good to think at your dear ones and to save something for them in the future. I keep a part of my investment as a long time investment and it will be for my family

[Kanda Yu]

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.

I am also finding for some answers about this concern too since earning bitcoin was never an easy thing to do. Having something that would make sure that all of our profit will go to our loved ones is really important so that we can avoid troubles like wasted investments or regrets. Bitcoin has been a good way to earn large amount of money but all of it will be nonsense if ever the money you've earned get lost after you dies.

[Spades77]

Saving Bitcoins for your children is a great idea, passing it to the next generation, I applaude you man. Now for the storage I would recommend a hardware wallet, it is not offline so it is safe from hackers, keep it in a vault or a serucity box in a bank so it is really secured. Include all the ncessary details that your children will need to access their Bitcoins and also entrust all these to the mother of your children, I am sure she can be trusted because both of you would only want the best for your children's future.

[nandamo]

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.

I don't have a child yet, but I am saving a quarter of each profit I got and put it into another wallet where I wrote the password username and email address and email's password onto back of my portrait picture with a note "Your fortune is here" and I told to my mom in case I die without having a child or I died first. Yeah I know it is kinda weird and very futuristic but I am just making sure I won't regret things if I end up with no money in my pocket and leaving my family/child helpless and no foods in his stomach.

[Zagitta]

You can never be sure that until they become adults that Bitcoin is still going to exist. But try not to buy too much and only the amount you can afford.

[lanareyDEY]

Hello, tell me how to withdraw your money? And in general, who is investing? Where?

[1jaffa1]

You can do this as if it's like a last will, But while your kids are quite young, let them explore the world of cryptocurrencies, try to explain them what bitcoin really is. And let them create a wallet, teach them all the things that they have to know and don't tell them that they've got something for their future. It will be a great birthday present when your kids started to grow up and if they reached the legal age, tell them that you've got some bitcoin for them.

[DR.99]

surely me as a parent will definitely make bitcoin deposits for my own child and his future in the time he becomes adult later.

[rxtwo]

I think bitcoin is actually using it to help in our daily lives. I hope you have a good introduction about bitcoin to your kids so they can easily access it as well, and I am very happy to see a step forward to using bitcoin even can also make transactions wherever and whenever. and bitcoin are now becoming so popular and more valuable that plans are good in the future. if you believe that bitcoin someday can help you to be financially independent have a good life for your family

[ethergod]

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.

Sounds like a good plan. I second the idea of keeping a paper wallet in a safe place and being very discreet about it.