Saving Bitcoins for your Children.

[talldude]

That's good for you and your child, that means you have to teach and introduce bitcoin to your child when you think the time is right. Most 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, you don't need to tell them about it until they have come of age.

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[Russlenat]

Saving bitcoin for the children is good especially for long term goals but you can't really assure that bitcoin will go high than you expect, it is better to save and insure your children in real money in the banks or getting security and educational plan for them.

[jerrison]

With the growth or appreciation in price of bitcoin over the years, it would not be out of the picture to say that it is a good investment to be used as a legendary right of passage for ones younger generation.

[AliMan]

With the growth or appreciation in price of bitcoin over the years, it would not be out of the picture to say that it is a good investment to be used as a legendary right of passage for ones younger generation.

That would be a good idea if we save bitcoins for our children. Bitcoin can be used for the future of our children. Maybe in the near future, bitcoin can be used in paying tuition and other school fees. It can also be used for their personal needs and wants. Bitcoin can be a very good platform of digtal currency and I believe that transactions in bitcoin would be made in stores, schools, and other establishments.

[olatslodi]

It's really nice to save for your children's future because who knows how big the future of bitcoin will be. Our family can be benefited in the near future if we will do bitcoin investment. Specially to people who don't even have legacy and real estate to pass on. But we should not depend on bitcoins neither think that in can make our future bright.

[rafi035]

is not it too risky if we give the crypto asset for our child later? which we fear if later bitcoin itself has no value. so we are losers a lot.but on a small scale it does not matter. but do not be this the main one

[dridinho]

If you want my advice save $ or eur for your children ... keep the bitcoin for trade and short-mid investment only , you never know how bitcoin will act tomorrow .

[gates]

It is a right and smart idea. Who knows how much Bitcoin can increase in the future. So you keep an exact sum, but or child can get 10x more of that.

[_noname_]

It's extremely decent to put something aside for your youngsters' future since who knows how huge the eventual fate of bitcoin will be. Our family can be profited sooner rather than later on the off chance that we will do bitcoin venture. Uniquely to individuals who don't have heritage and land to pass on. In any case, we ought not rely upon bitcoins neither imagine that in can make our future splendid.

[Vibr56]

a piece of land would have been better since you can be 100% sure that its value will increase through time. Although if you don't have enough funds to do so, stocks or bitcoin can be alternate investments.

[miang]

I had considered to make this, but since i havent a big ammount of bitcoin i had made anothers plans for the bitcoins, wich will for sure influence my childs, since im considering to use the coins to buy a new house, soo they will know i had invested and used those coins giving them a place to live for their life. But i still wonder if i should make a saving plan into bitcoin instead the applications the banks does offer, since bitcoin is making better results then any other investment.

[yvonnegalvan]

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.

Actually I don't have a child because i'am just a student, so that I only save bitcoins for my studies, i save bitcoin to pay my school fees and to have a money for my daily needs in school. But not only by saving my studies, i also save a bitcoin for my better future, for my parents.

[Visbay]

I think it's a good idea to leave cryptocurrencies to their children. In addition to the usual ways, I have seen that companies are taking care of this service

Yes it’s the best thing that we can give to our children because when we will be no more even then they will have to spend good life, if we will save some bitcoin for our children they will not suffer any financial problem and bitcoin will give them safety and sure they will be thankful to us after getting bitcoin at the time of need, gradually bitcoin is getting better now but save it as much as you can save as coming currency will be the one and only bitcoin.

[bitbunnny]

Saving as a general idea is excelent, especialy if the funds are for your children.
Still you have to have on your mind that cryptocurrencies are tricky, they are very volatile and they can easily gain but also lose the value. So, on long term this might be risky, it can potentialy happen that you have a lot of Bitcoins saved for your children but at the end they will not be much worth. To my opinion it would be good to save the Bitcoin but to exchange certain sum from time to time and a part to save in Bitcoin. Thus you would be multiple ensured.

[Cofee mix]

Yes this is a good suggestion, is this a good idea because by storing a bit of bitcoin to our children, our children can benefit from the bitcoin we sympathize with them. but it's not just that we need to introduce bitcoin to our children so our children understand bitcoin and can use bitcoins that we save well.

[ScroodjMoney]

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.

[Rinzo]

bitcoin is an investment. we always invest for the future (it can be for yourself or kids)

[Alanpigi80]

I'm not actually planning to save Bitcoins for my children, but I hope that one day I'll manage to open my own small brewery (with Bitcoin) and then give it to them. Of course I'll tell them from where money came

[AltCoinBuddah]

Absolutely. Even though it's impossible to predict what it would be, this is similar to the war bonds that our grand parents bought for us. However it has the potential to be worth so so much more than those war bonds are worth.

[Dotakels]

 am exactly planning to do this because if my children are big enough i can tell them and learn them everything i know about bitcoin and make them start their own and help them also i will give them a couple of bitcoins so they can start and know how everything works.