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Author Topic: Saving Bitcoins for your Children.  (Read 24434 times)
Superways
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March 29, 2018, 09:19:03 AM
 #2641

I'm too much young to think about the future of my children because me is also a child, so i think I will save/storing my bitcoin for me and for my family for the future someday and make your that the wallet where placement of your bitcoin is really secured because it has a possibility that your wallet could be hacked make sure you password is hard to know and don't tell anyone about your saving money.
There were people who worked hard in their younger age and after that when they grown up they start their own businesses with their that money which they earned at their younger age and that businesses became the source of the success of their children. So at any age if you will make money and will make sources of income which will be permanent or for long term then it will be a step of you for your coming generations and it will make your honor. So now you are working that is for your children. Try to keep a part of your bitcoin till the age of your children as it will grow much higher in price till that time.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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CryptosGeek
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March 29, 2018, 09:24:36 AM
 #2642

It is a great topic, as I think investing in Bitcoin would be beneficial. Apart from the financial gain, we could actually teach them (pass our wisdom) about financial market, the importance of thinking ahead for their own future.
altysha
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March 29, 2018, 09:28:01 AM
 #2643

I think, it's a good idea, because bitcoin is an excellent long-term investment. You can provide your children with money in the future, if you invest in bitcoin now.
Addywealth
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March 29, 2018, 09:31:31 AM
 #2644

Saving bitcoin for your children is not a bad idea but it could be a great risk, come to think of it if their is a major drop in the price it could affect your life investment for that children . rather invest the money in other fixed asset while you train those children on hoe they get rich through bitcoin
FairUser
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March 29, 2018, 09:39:26 AM
 #2645

this is not fact it will save or not but every one want do something because people want secure their life and their future they want save some btc for the future but this is not fact if the price will fluctuate when what they will do with saving so i think better is continuously where you can get the profit and u can mange the things for long time.

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spacelab
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March 29, 2018, 10:25:43 AM
 #2646

Thats a new generation of kinds,they are interested in earning money through internet, making videos and blogging

So that would be useful and interesting for them. We can teach them about financial market, crypto and the importance of beeing involved in that
kyle999
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March 29, 2018, 10:32:26 AM
 #2647

saving on my bitcoin for kids this is what I will do to make sure that I'm in my future children over time.
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March 29, 2018, 10:37:07 AM
 #2648

It's a nice idea
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March 29, 2018, 10:39:37 AM
 #2649

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
Saving bitcoins for your children is one of the good idea, because if you have passed away in this earth, you have an bitcoins to be heir to their future.

rapsa2018
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March 29, 2018, 10:43:25 AM
 #2650

saving bitcoin for my kids will not do it because I'm not sure that there is a bitcoin in the future and maybe I'm losing money and getting nothing.
gohan21
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March 29, 2018, 10:56:48 AM
 #2651

if I'm going to ask you better if you save bitcoin for your children's future because I think maybe the future of bitcoin economy will improve.
randyboy
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March 29, 2018, 11:00:12 AM
 #2652

I don't save btc in my children's future because we know that bitcoin will not last forever so I will save it in fiat so they do what they want to their money I don't use btc for saving for my children because we don't that btc will disappear or not.
Renzzzz
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March 29, 2018, 11:07:32 AM
 #2653

That is beneficial for you and your kid, that implies you need to educate and acquaint bitcoin with your kid. Yet, kids typically simply need to have a great time and a platform to learn. So you ought not compel them to know and do what you do in bitcoin. Give them a chance to do what they need. In the event that you need to keep bitcoin for your youngster yet they would prefer not to know, you can depend the bitcoin you keep to your relatives and offer it to him to offer it to your child sometime in the future.
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March 29, 2018, 11:31:18 AM
 #2654

I think I really benefit from bitcoin, for me for the life of my family every day as well as for the future needs of my family and children, because for me bitcoin is one of my main jobs so that the future of my children will be more both with the future of bitcoin.
skyland999
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March 29, 2018, 11:43:00 AM
 #2655

I hope you consider first before making a decision. and if you still want to save shares for kids it would be great if the security of your wallet is not easy to be hacked before your child is born.

I agree with what you think but I am still hesitant about saving the stock in altcoins maybe one day I will try it if something has been proven safe.  Smiley
raihan09
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March 29, 2018, 11:49:50 AM
 #2656

Probably it's a good idea for children's. it's help me in future for children's because I will buy book or Dolls for my children's & also it's help to dream success my children's.
kirti rana
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March 29, 2018, 11:50:21 AM
 #2657

Yes, I will save Vitcoins for the good future of my children so that I will make a good and strong future to make a "wallet" address to keep the school and the service, which I know about and in the future , My kids should be there.
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March 29, 2018, 12:14:06 PM
 #2658

if to keep or you intend to inherit in the form of btc intact I think you should consider carefully in terms of possible risks to catch the long term it will be bigger, we also have to consider that the age of our child is mature may be right to pass on btc at once we are gradually can start to teach btc business to our children but if our child is still small I think it is not right we do not know the future development btc whether it can balance the development of the times and technology or not, but if btc future become a legal transaction tool and recognized the world and there is a legal umbrella that can guarantee its safety I think we can pass on btc to our children and grandchild as a promising asset
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March 29, 2018, 12:38:52 PM
 #2659

definitely i  will save for my kids even one.
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March 29, 2018, 12:50:17 PM
 #2660

if to keep or you intend to inherit in the form of btc intact I think you should consider carefully in terms of possible risks to catch the long term it will be bigger, we also have to consider that the age of our child is mature may be right to pass on btc at once we are gradually can start to teach btc business to our children but if our child is still small I think it is not right we do not know the future development btc whether it can balance the development of the times and technology or not, but if btc future become a legal transaction tool and recognized the world and there is a legal umbrella that can guarantee its safety I think we can pass on btc to our children and grandchild as a promising asset


based on the current stats of btc in the economy i think bitcoin is now 89% legal and as soon as we are getting on the future , some countries will be eventually follow it and revoked their decesions in regards to legalizing bitcoin and other cryprocurrencies. thats why inheriting your children is a good idea and probably they  could be usefull as soon as they hit the right age in order to fully understand the use of it. much better if we can now teach our child as early as possibly so that they can exercise their mind at a young age.
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