Get Bitcoin Holdings for your child from infant.

[kamvreto]

By preparing for a good future, we hope that our children will be able to live better lives and survive with what we have prepared beforehand. And while teaching them how to use crypto for them, we make sure that they will be fine in the future and we can smile happily knowing they can survive the rigors of life in the future. Investing in crypto helps us hope that we are doing the best for our children. And we indeed have to have other investments apart from crypto because that will also help them to be able to grow better later.

for example in property investment, a plot of land or investments other than crypto which is still good for the future. any investment will be very useful for future life. in the future maybe bitcoin will be more accepted and more adoption will be done. Buying bitcoins now and the price may increase sharply in the future, will give you a lot of advantages. If you can't afford to buy all at once, you can make purchases in stages or use the DCA method, which will help you buy regularly within a certain time frame with an adjusted amount.

[KennyR]

Rather than investing into one form, it is good to have multiple investment. In simple terms just don't go for investment on properties alone. Some used to do that, same as that don't invest on cryptocurrency alone. Have diversified investment as we've got more choices. Because, we don't know how the market turns. According to the prevailing situation we can make use of the investment than just experiencing loss when we're in need.

[AverageGlabella]

It is a good idea as long as you do not give your child access to btc and when it comes to giving them access which should only happen when they are old enough you teach them about bitcoin. If their answer is not taking that btc and transferring it to a private key that only they know then they are not ready for that btc because even though you are their parent only they should have access to their btc. Only inheritance and your partner should be allowed access or have some system setup so that they do not lose the access if you pass away expectantly.

[Stella Mese]

I think this is a good topic and full of good motivation, if you buy bitcoin and keep it for the long term, with the aim that there is an advantage that the money will be used to pay for children when they grow up. but this is a very high risk, but if you dare to take risks, of course this is a good thing.
 but actually a seldom of people who are aware of this, because most people usually for their children's future always use insurance.

[DaNNy001]

First again wonderful initiative dude. Today i was discussing with my little brother about how effective cryptocurrency can be helpful in the current situation my country is facing then i remembered how would it be if i also start saving some coins for my children today the bitcoin price is gaining momentum as we all see how its trying to recover after falling so low and if its can continue like and hits its all time record i could have couple out some tangible profits for them and maybe i can use on their expenses in the near future someday. But the crucial fact about the decline is also there because it can aslo go on a dip as no one can actually predict it rise and fall

[indah rezqi]

It's not bad at all to own bitcoin long term as an investment. I think the ideas in this thread are also good because basically this is the same as usual long-term investing, but the difference is that this is done for the baby. Higher price potential can certainly be expected in the long term, and the chances of making a large profit starting now are even better.

I'm not doing it for anyone, but I'm doing it for my future and my family including my children and wife. It definitely doesn't matter what the purpose of this investment is for as long as we can secure the assets and know what the risks are.

[GideonGono]

It was my plan to invest for my child's future and I have been in crypto for so many years, and for me it is really a great idea instead of just saving money why not invest it on crypto for their future.
The only downside that I see on it is that we are uncertain about how it would be in the future. We know that it could survive in the long run but we are uncertain if it would still be legal since other are connecting it to some illegal activities.

[AakZaki]

It is a good idea as long as you do not give your child access to btc and when it comes to giving them access which should only happen when they are old enough you teach them about bitcoin. If their answer is not taking that btc and transferring it to a private key that only they know then they are not ready for that btc because even though you are their parent only they should have access to their btc. Only inheritance and your partner should be allowed access or have some system setup so that they do not lose the access if you pass away expectantly.

The hope is that we will not die before our child grows up. In addition we are able to hold Bitcoin in its wallet address and prifat key. So we can convey what we save directly with our child later. Because sometimes the middleman will make us doubt, even if it is our own brother. If you start today, hopefully Bitcoin will continue to grow and be recognized by the world. So there is no possibility that Bitcoin will be shut down by governments globally. Because Bitcoin crypto has a system against the government.

[mendace]

It is a good idea as long as you do not give your child access to btc and when it comes to giving them access which should only happen when they are old enough you teach them about bitcoin. If their answer is not taking that btc and transferring it to a private key that only they know then they are not ready for that btc because even though you are their parent only they should have access to their btc. Only inheritance and your partner should be allowed access or have some system setup so that they do not lose the access if you pass away expectantly.

Insurance policies can sometimes feel like leeches that drain your funds, and there's always the risk that after paying for years, you may not receive compensation or your policy may be denied. However, Bitcoin can be a good insurance for your children, provided you find the right way to leave them the private key in case something happens.

[tbct_mt2]

This is certainly a great idea to HODL for long. But my issue is security. Since seed phrases or private keys are to be kept save then only trusted people could have access to it.

Are parents responsible to nurture their children and if possible reserve something for them as inheritance?

The best people who can be trusted enough to hold private keys or mnemonic seeds are their parents.

Now what if an unplanned circumstance happens like death to the seed holders and  no one was given the phrases before they passed on how can this be rectify? What will also happen if the investors country made strong hold against bitcoin before the child comes off age. What will happen to the coin?

If you are a husband, your wife should be a next person you share private keys and mnemonic seeds.
If you are a wife, your husband should be the one who get access to prive keys and mnemonic seed of the wallet you want to give it to your children.

When they are mature enough, you and your wife/ husband can share key, seed to your children. Meanwhile, check up your backup quality and usability regularly to avoid any bug with backup. If you discover bug soon enough, you can replace broken backups with new ones.

[AakZaki]

It was my plan to invest for my child's future and I have been in crypto for so many years, and for me it is really a great idea instead of just saving money why not invest it on crypto for their future.
The only downside that I see on it is that we are uncertain about how it would be in the future. We know that it could survive in the long run but we are uncertain if it would still be legal since other are connecting it to some illegal activities.

legal or not it's just a matter of regulation. But if you hold bitcoin for the long term and give it to your child later it will be a good decision. Bitcoin will be an inheritance that gives your child the opportunity to use bitcoin in the future. We all know that every government has its own regulations, but we'll see in the future whether the regulations will change or be the same as the current situation. invest in crypto assets, especially bitcoin for your child's future savings, and don't think too much about legal or illegal, that will be a different problem later.

[heslylamba]

This is definitely an option. A big bag of Bitcoin is a good start for life.

I don't have kids yet, but I'm already saving some Bitcoin for them. I know they will be grateful in the future.

[batang_bitcoin]

This is definitely an option. A big bag of Bitcoin is a good start for life.

I don't have kids yet, but I'm already saving some Bitcoin for them. I know they will be grateful in the future.

Surely, they'll be grateful when they find out that their parents is able to save them money in the future. They don't have to do anything but at the same time, we still need to teach them how to value money that's saved for them. Kids these days are different than of before, and it depends on how the parents raised them. I also got my savings in bitcoin for the future of my children but I won't let them know that I've got something for them that's stored for their future. I won't make it easy for them to take it but at least, there's an assurance that there's an investment ready for them to be taken.

[Henrobakkara]

I guess this is a strategy for someone who wants to invest on Bitcoin for a long term but is scared of waiting  for too long.
So many persons will want to invest on Bitcoin for a long term  but they end up find it difficult to have the patience on their investment and wants an instant shoot up of Bitcoin price,in other for them to sell and make profit,they end up been disappointed when it doesn't go as they wanted it since they don't understand the cyclic movement of Bitcoin. They end up procrastinating they will invest and some that have already invested will get fustrated when Bitcoin is in it bear market by selling their bitcoin.
  My suggestion to these set of people is that we should invest on Bitcoin for our children from infantry to teenage. In my country people starts planing for the future of their children from the moment the child is put to bed. Family and well wishers gives money to the child when they come to visit the new born baby to express their happiness for what God has done. Some parents the moment they give birth to a child they open a bank account for the child so that every month from their income they put some fraction of money to the child's account. Some money been given to the child during his birthday celebrations and other ceremonies or visit they always put it into the child's account in other to secure the child's future.
  When this child becomes a teen in high school this money must have accumulated to a reasonable amount which is used to support the child to either further his education,start up a trade or learn a skill. Fiat currency is fast depreciating because of inflation, why don't you buy Bitcoin Holdings for your child from infant and do all his savings in Bitcoin so that by the time the child becomes a teenager,  Bitcoin price might have hit $500k and above. This way you can have a long term holdings in Bitcoin.
What is your opinion on my suggestion, is it a guarantee for the child's future and will  enable you to benefit from Bitcoin ?
 

I think the major problem would be that, regardless whether some people are investing for themselfs or as parents investing for their child's future, if they don't have the means to keep supporting their personal lives then they are bound to spend out of the investment they ought to keep for a longer term and we see this even with people that already know about Bitcoin market circle.
Having extra finance to continue to support you needs has a positive impact on your investment even with your believe in Bitcoin.

[Charmekkd]

buying bitcoin and keeping it for the long term is a good thing but of course it has risks, because we won't know the price of bitcoin for the future, but if we are ready to take the risk for long term investment. I think it will be good, like investing in bitcoin for the cost of a child when they are big.

[xSkylarx]

This is definitely an option. A big bag of Bitcoin is a good start for life.

I don't have kids yet, but I'm already saving some Bitcoin for them. I know they will be grateful in the future.

Treat your holding also like a kid . From infant to adulthood. Meaning taking care of it that it is not get hacked, continue learning while your bitcoin grows or your profit so that you will know more about bitcoin and dont get panic when its beat market as you could sell it. Also it would also best that if your child got born you also bought bitcoin and hold it until he/she is going to college as it is an investment for your child

[cozytrade]

buying bitcoin and keeping it for the long term is a good thing but of course it has risks, because we won't know the price of bitcoin for the future, but if we are ready to take the risk for long term investment. I think it will be good, like investing in bitcoin for the cost of a child when they are big.

A few days ago I bought some bitcoins.  But now the price of bitcoins is increasing. Today I checked my wallet and found that I have a lot of profit from the price I bought bitcoins at. I thought that I will hold these bitcoins for a long time. And if I can hold these bitcoins for a long time, here  I know no one has ever lost money investing in Bitcoin.  I hope I don't lose either.

[Del137]

I do it regularly. And I am convinced that every parent should do it

[DeathAngel]

It’s always good to try & provide for your children so they are financially secure when you die. You can do this in many ways, like leaving them real estate for example.

Buying bitcoin is as good an asset as anything to leave as an inheritance asset. You will need to educate your kids though & tell them how to access those coins when you die.

A good parent will always try & leave some form of money or assets behind to help their kids.

[fillippone]

An interesting Talk by Daniela Brozzoni about using Miniscript to secure a smooth transition of your satoshi to your beloved satoshi.

HCPP22 | Daniela Brozzoni - Life is short, Bitcoin is forever



Apart from this, there is a review of various, simpler methods.