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Author Topic: Saving Bitcoins for your Children.  (Read 24425 times)
will777
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March 31, 2018, 05:24:21 PM
 #2701

Indeed I have planned it from now because I think the children need the cost of education in the future and as an investment so that my child can live well. besides that children can have independent business
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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SergeYak
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March 31, 2018, 05:38:39 PM
 #2702

It's bad idea at my opinion to save money for your childern in bitcoins. I think that bitcoin can die before your child will born and would be very offensively.
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April 01, 2018, 01:17:42 AM
 #2703

One of the ways to leave the property for children is bitcoin, many years after the bitcoin is extremely valuable and the children who own bitcoin will be rich at that time.
Elkafi
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April 01, 2018, 01:25:22 AM
 #2704

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, it is a good idea. but, we dont know how conditions of bitcoin in future.
Rollesto
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April 01, 2018, 01:57:32 AM
 #2705

Saving bitcoins for our children that may be able to use in supporting their future needs and to make sure that they will have a better future is such a great idea and when that time comes that you'll have to sell it and the price of bitcoin is high , that was such a great thing for you because you will surely have profits. But despite of this , we should also make sure that our wallet is secured and safe so no one could ever hacked it .
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April 01, 2018, 02:04:42 AM
 #2706

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.
a very wise decision, if you save bitcoin for your children someday, that means you are investing, which hope someday or a few years the price of bitcoin can soar
paparexon0414
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April 01, 2018, 02:18:50 AM
 #2707

I also save bitcoin for my children's future. I believe that bitcoin someday, will help my children, not just for everyday usage but also for their education. Maybe mu children is not familiar with bitcoin but in time i can introduce bitcoin to them. Actually, now i am using bitcoin in my son's school eventhough he still in gradeschool. Bitcoin really a very big help for us especially in my hard times. When i needed something for my everyday use. That is why i am trying to have more bitcoin not just investing for my childrens future but also for our more stable life.
Cryptoipad
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April 01, 2018, 02:42:16 AM
 #2708

The savings of bitcoin to the children are related to future in life.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 no one can get the coins of bitcoin.This is simple and easy to do. It's what I'm doing for the grandkids. I have a different paper wallet for each of them, and every year a worth of bitcoin on their process of business.That makes for nice dollar cost averaging work for bitcoin users for children's.
fredo123
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April 01, 2018, 02:58:00 AM
 #2709

Well this is the smartest idea. Ever in my life i want save money for my future. As of now im still single but im doing my very best to help and save money incase of emergencies and future purposes. Money for me is like a bubble, if you don't know how to took care of your money, it will gone in just a few minuites of spending and spending stuffs. Better do something great as early as today.Smiley
FUD Expert
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April 01, 2018, 03:21:07 AM
 #2710

I'm considering that but only a few bitcoins because I'm not sure where it is heading right now. It's still wise to go with cash and some bitcoins just in case it managed to succeed in the future.
Antivoid
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April 01, 2018, 03:35:31 AM
 #2711

If you believe that there will be new coin replace bitcoin, then may you reconsider this suggestion, bitcoin is the king and will be the king for a long term, but it wont be forever, there must be some new coin that can get more users than bitcoin and do greater help, bitcoin may lose its value by that time
shetza
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April 01, 2018, 04:06:06 AM
 #2712

saving bitcoin for kids is a good idea. but we need to write a wallet and tell them later. because we no one knows when it will die. This idea is good, but it must be thought of how to convey to the child. may be by writing a will.
Quas09
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April 01, 2018, 10:06:09 AM
 #2713

That is a bright idea to save bitcoins for your children. Smiley because it is good investment for your children. Maybe that time bitcoin is at a good price. Also you can save money for your children for their school needs, and buying things, their everyday needs.
MXgirl150
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April 01, 2018, 10:09:12 AM
 #2714

good for you for thinking of your kid's future!!

I think nothing is better than paper wallet if you're talking about the long term investment. Paper can't be hacked Smiley I mean it can be lost, but keep it in the jewelry box, or memorize the numbers...

Good luck!!!
shainasaz
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April 01, 2018, 10:31:22 AM
 #2715

keep in saving for your children is a good move and everyone can appreciate with it provided the savings you made is secure and in a safety place so that your children can benefit the saving in the future but in a case of bitcoin if you do saving for the future of your children make it sure that the wallet you used are secure more than 10x from a possible  hacked.

Gifolote
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April 01, 2018, 10:34:10 AM
 #2716

I plan to have savings for them in the future that can only be opened when they are 18 years old
Bitcoin2009
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April 01, 2018, 10:45:04 AM
 #2717

Saving bitcoin for children is a very good thing, with saving then we will get many benefits so that their future is better, and of course we have to introduce bitcoin from an early age.
jeanpadel14
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April 01, 2018, 10:49:54 AM
 #2718

Yes thats what my first plan in my earning in bitcoin i will save for my child education also.It is the best idea for all we got in bitcoin.And i also plan to teach my child about bitcoin so that in their early age they know all about bitcoin and how its work.

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April 01, 2018, 04:48:12 PM
 #2719

I also save bitcoin for my children's future. I believe that bitcoin someday, will help my children, not just for everyday usage but also for their education. Maybe mu children is not familiar with bitcoin but in time i can introduce bitcoin to them. Actually, now i am using bitcoin in my son's school eventhough he still in gradeschool. Bitcoin really a very big help for us especially in my hard times. When i needed something for my everyday use. That is why i am trying to have more bitcoin not just investing for my childrens future but also for our more stable life.
Although thanks to Bitcoin helped me have better life, because if I did not know Bitcoin in the past, I never know altcoin and this forum. Then, I also do not have money to improve my life and buy a house for family. But, I can not keep and use it for long time. I know which thing is better and how much time Bitcoin is still the hot trend on the world. So, I choose to become smart user instead of an addict always want to using Bitcoin anytime.

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fanBit101
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April 01, 2018, 04:53:30 PM
 #2720

Of course, this is a nice idea for me. Bitcoin really brings a revolution to change for the future. Bitcoin is slowly being adopted by countries around the world. That will be a guarantee of the value of bitcoin in the future. Right now, I have decided to buy extra BTCs for my children as they grow. They will get enough assets to think about the right business or job.
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