Opening a Bitcoin account for all my kids/Minor

[LOVER BOY 422]

 I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

Since e be say cryptocurrency investments has almost conquer I think if papa or mama do this for in own pikin ee never bad then when  they grow up the account then go give them.
Tell them about digital assets, security,blochain,and market dynamics to make sure say they sabi them so that when they grow they go take full charge and control on their different accounts.
Na this thing wey I dey reason since ,I say make I talk am here ,I don't know if una dey see am the way me dey see am ,to me ee good day make papa open bitcoin investment account for ee own pikin,how una see this one.

[Mummy OS]

The children will not value it if not exposed to it or taught what it means to own Bitcoin, definitely my kids should be exposed to what Bitcoin is right from there early ages because that's exactly what there dad is into so it's my responsibility to get them exposed to it so that in the nearest future they do not waste all efforts put in to hold a Bitcoin for them right from childhood. It's actually a very great idea honestly I mean looking at where Bitcoin was in the past years and where it is currently its something that is what it because Bitcoin is here to stay so there absolutely no fear in holding for a long term.

[Johnlomape]

I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

Since e be say cryptocurrency investments has almost conquer I think if papa or mama do this for in own pikin ee never bad then when  they grow up the account then go give them.
Tell them about digital assets, security,blochain,and market dynamics to make sure say they sabi them so that when they grow they go take full charge and control on their different accounts.
Na this thing wey I dey reason since ,I say make I talk am here ,I don't know if una dey see am the way me dey see am ,to me ee good day make papa open bitcoin investment account for ee own pikin,how una see this one.

I wan really understand watin you mean by you go open Bitcoin account for all your children?
Make I first follow you with big grammar first because this one just dey too funny and incomprehensible.
You never even grow your account reach member, you dey find children you wan pack account give when dem never even born them. Alaye try achieve something for this forum before you go talk say you wan create account give children wey never come this world.

If you are referring to create a multiple wallet for your children, without funding the account with Bitcoin, that should be seen as waste of time because create wallet without fund inside is a full scale stupidity. If you can create the wallet if that is what you are talking about and finding them, that will be a good idea everyone will have to welcome.
Happy New Year to the Naija local board.

[Chibit01]

I wan really understand watin you mean by you go open Bitcoin account for all your children?
Make I first follow you with big grammar first because this one just dey too funny and incomprehensible.
You never even grow your account reach member, you dey find children you wan pack account give when dem never even born them. Alaye try achieve something for this forum before you go talk say you wan create account give children wey never come this world.

I don come read this thread more than 4 times and nah just this same thing way I been they think but the op fit still they mean different thing as I don come across where many people don mistakenly they refer to bitcoin wallet as account and eh they very wrong if eh be say nah watin the Op mean, bitcoin wallet and account nah different thing even centralized exchanges nah still different thing. I no wan reason go the side say the op they talk about to farm forum account keep for in children, as eh later talk about investment for the middle of the thread.

Op; if you get money you fit create wallet for each of your children they buy coin they send out their for them until when dem don grow reach stage way dem fit contro am or way you feel say they right you fit them hand am over give them, to invest for some kind investment broker me no really support that one, nah watin the person get total control over nia be the koko.

[Doan9269]

This is not about bitcoin account, because there is nothing like that in cryptocurrency, instead, you should say bitcoin wallet, however, it is also important that you know the the wallet you should use must not be a custodial wallet as such received from centralized exchanges, instead, make use of a non custodial wallet, lastly, also know that your bitcoin isn't stored on the wallet, but on the blockchain.

[AVE5]

Your emphasis is a good one Op but perhaps it's not a new ideal to the community because a lot of users had shared relatively how they successfully had secured bitcoin investment for their kids while it's proposed that they'd handover the wallet to the kids when they grows up.
I've also heard about how excited some enthusiasts who installs crypto Wallets in their devices for the first time usually be, they feel it's a privilege of them getting the app and then they don't even bother to buy bitcoins and hold in it. So be warned that it's not just about creating wallet acocunts for them but to buy and hold Bitcoin in it.
Don't also forget to set your goals and teach the kids about financial managements and the risks of volatilities.
These will help them on the journey when they grows up to take control of their bitcoin portfolios.

[Promocodeudo]

I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

Since e be say cryptocurrency investments has almost conquer I think if papa or mama do this for in own pikin ee never bad then when  they grow up the account then go give them.
Tell them about digital assets, security,blochain,and market dynamics to make sure say they sabi them so that when they grow they go take full charge and control on their different accounts.
Na this thing wey I dey reason since ,I say make I talk am here ,I don't know if una dey see am the way me dey see am ,to me ee good day make papa open bitcoin investment account for ee own pikin,how una see this one.

If I should understand you, I think you mean opening many wallet for your children right, my guy of wha value is it when you open several wallet address without funding for years, at first when I read through the first line of your speech I was thinking that you were referring to opening Bitcointalk account that would've have prompted me to raise some question for you but I now understand what you mean, man if you are planing on doing such, it will be better if you open those wallet and start funding them immediately because it just like saving and investing for your children in the future but if you can't fund them and you just open them just like that, to me it doesn't have any meaning, it will amount to a waste of energy which to me isn't a smart behavior.

[sokani]

Aside saving with the intention of gifting the bitcoin to your children when them don come of age so that them go use take guard themselves, nor body no wetin tomorrow go bring. Inflation dey rise everyday for awa country, naira dey dey lose purchasing power dey go and something fit happen tomorrow, wey go fit make you nor get money as before. In such circumstances, you fit use the Bitcoin wey you don DCA for you children take see them through schools. So nah good idea to create a bitcoin wallet and do DCA specifically for your children.

[CryptSafe]

OP, your intentions are good and not a bad one, but it would be nice to be precise, the exact Bitcoin account you meant, so that we would know and give you the accurate input you want to hear and know. Well, the popular bitcoin account for children I know is about parents opening a bitcoin wallet for their kids and gradually doing some savings for them till they are of age to be able to control it, then they hand it over to them to manage for themselves. But before then, they enlighten them about it when they are old enough to manage it so that they do not make any silly mistakes that would cost them their assets, and by so doing, the children would have knowledge of what they are up to and tread with caution as they take over their assets into their custody.

[Marykeller]

It is very easy to have a wallet address for your kids, but how to be investing in them, na where the problem d cos you needs funds to do that. You no fit just create crypto wallet address without putting funds in them(buying Bitcoin). You gat to, from time intervals coupled with your own(you go d invest also)

On that note, I go advice sae no go start up wetin you know sae, you no fit continue for long, knowing fully well sae, money no too d for our country, people are looking for means them go d feed themselves and their families.

OP, why don't you focus on your own Bitcoin accumulation, without stressing yourself on how to invest for your kids. Who knows, maybe in the future, you can pass it on their trusted kids or you use your income from Bitcoin investment over the years to get your kids established when d grow older

[Su-asa]

I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

Since e be say cryptocurrency investments has almost conquer I think if papa or mama do this for in own pikin ee never bad then when  they grow up the account then go give them.
Tell them about digital assets, security,blochain,and market dynamics to make sure say they sabi them so that when they grow they go take full charge and control on their different accounts.
Na this thing wey I dey reason since ,I say make I talk am here ,I don't know if una dey see am the way me dey see am ,to me ee good day make papa open bitcoin investment account for ee own pikin,how una see this one.

First of all, how many children you get? If your children pass two or three make you just know say no be small work you won start so, and fir you to patiently wait till your children grow to become adult (80+) no be here. So the work big sha, but if you really mean am you go fit also do am.

Although, some parents dey do am for their children because them know the benefits of owning crypto assets because our traditional currencies dey lose value based on inflation and some other things.

The truth of the matter be say if your children no understand watin crypto currency mean, them no go value am.

[knowngunman]

I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

Bitcoin get account? No, na only bitcoin wallet you fit create. Assuming you are talking about creating a Bitcoin wallet for your kids, do you have money to buy Bitcoin and save in those wallets until your kids come of age? If your answer is Yes, then it's a good idea but if your answer is No, then you're just wasting your time creating wallet that you'll later abandon and forget the keys. Creating a wallet is never a hard thing to do and you can create it anytime.

On another possibility, you're referring to Bitcointalk account from the tune and explanation in your post. To be honest with you, this is not a realistic thing for you at least at the moment. Na from thinking like this account farming dey take start and you really need to calm down before you put yourself for wetin pass your power. Your account was registered on October but you already have over 400 posts (substandard posts actually) with over 90 activities and just 2 merits. This is a very bad statistics and instead of working on improving yourself, you're bringing Nigeria character to this space.

Most at times, we dey complain how people wey get opportunities put their family members including toddlers and unborn children into government payroll while qualified people roam around the streets. Your reasoning is not in any way different from them. In fact you might do worse when you have such opportunity. You never help yourself finish but you dey think of reserving account for your kids. Abeg e get some kind things we no suppose dey discuss for place like this to avoid people see us finish. I go advice make you dey consult people wey dey close to you before you post some kind stuffs.

[ejikeme24]

I wan really understand watin you mean by you go open Bitcoin account for all your children?
Make I first follow you with big grammar first because this one just dey too funny and incomprehensible.
You never even grow your account reach member, you dey find children you wan pack account give when dem never even born them. Alaye try achieve something for this forum before you go talk say you wan create account give children wey never come this world.

If you are referring to create a multiple wallet for your children, without funding the account with Bitcoin, that should be seen as waste of time because create wallet without fund inside is a full scale stupidity. If you can create the wallet if that is what you are talking about and finding them, that will be a good idea everyone will have to welcome.
Happy New Year to the Naija local board.

LoL, me self no even understand op. Imagine person way never even grow his account to full member rank don dey think about creating accounts for his upcoming children, no be juju be that lol. op! Don't you think you're stressing yourself to do that? Moreover you're not even sure of giving birth anytime soon. So my advice for you is, you should concentrate on building the one you already had before looking into creating for your children, it doesn't make sense for you to be thinking about this when you're just getting started.

[Samlucky O]

Wetting I need understand na to creat Bitcoin wallet then put Bitcoin inside or na to open Bitcointalk account? Well if na Bitcointalk acc den e no dey possible. To grow acc keep for person wey no Sabi wetting you dey give am na just waste of time. Person go only value something wey him work hard for, and also the person no go dey careful. E just be like when you work hard to make money, you go dey very careful to spend am. But person wey inherit money go think say life easy. That's why people wey inherit money no dey waste time spend am finish. Naso e go be too if you grow account for your children keep come give them when Dem grow den no go understand how to continue from where you stop because Dem never even understand where Dem wan start. E just be like impersonation. Just emagine giving hero member account to a newbie to continue from where you stop, na just to go creat thread say what is Bitcoin for general board and e go dey noticable say hand don change. And Dem go tag that account and from their all your efforts to grow that account don become waste. The only thing you fit do na to work for here stack up your Bitcoin for wallet for your children when them grow up.

[PremiumcryptoHub]

Are you referring to a Bitcoin account or are you referring to creating a wallet account where as a Nigerian you can deposit Bitcoin for your child as a future savings, i.e. to gift them when they come of age. However, saving Bitcoin for the future is a wise thing to do for now I think because we have our own freedom here which makes it most convenient to buy this electronic currency with any amount of Naira. The value of fiat currency is decreasing in our country so saving this electronic currency for children as a future savings may be a wise thing to do, but it seems to me that for these activities to be run smoothly, everyone must have a source of earning Naira i.e. if someone wants to deposit Bitcoin in a wallet for their children, they must have a discretionary income.

[EarnOnVictor]

I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

It's good that you've started thinking about your future, which is your children, but at the same time, tread carefully. You need to first learn your children's passion, as I don't think some certain investments like Bitcoin is always the way. In that case, you might just buy your Bitcoin and keep it, probably, as inheritance for as long as possible. But with the near future plan, it's better you prepare a better future for them in the field of their passion, which, I believe, they will appreciate more than Bitcoin.

[iBaba]

Aside saving with the intention of gifting the bitcoin to your children when them don come of age so that them go use take guard themselves, nor body no wetin tomorrow go bring. Inflation dey rise everyday for awa country, naira dey dey lose purchasing power dey go and something fit happen tomorrow, wey go fit make you nor get money as before. In such circumstances, you fit use the Bitcoin wey you don DCA for you children take see them through schools. So nah good idea to create a bitcoin wallet and do DCA specifically for your children.

But apart from saving bitcoin to gift your children when they don grow up, e go still dey serve as your own backup plan as none of know wetin tomorrow go bring as we all see how inflation dey rise every day for our country, how naira dey lose value on a steady level and how life fit change at anytime. If anything should happen, we are not praying for that and the money no dey come like before, the bitcoin wey you don dey DCA for your children fit help cover important things like medical bills and other pressing issues so it is still a win win for you if you decide to do so.

[Silikiem]

I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

Since e be say cryptocurrency investments has almost conquer I think if papa or mama do this for in own pikin ee never bad then when  they grow up the account then go give them.
Tell them about digital assets, security,blochain,and market dynamics to make sure say they sabi them so that when they grow they go take full charge and control on their different accounts.
Na this thing wey I dey reason since ,I say make I talk am here ,I don't know if una dey see am the way me dey see am ,to me ee good day make papa open bitcoin investment account for ee own pikin,how una see this one.

My brother nothing really Dey bad for this your idea, me I see am say na very good idea. If you don already get pikin then it’s good to follow am up immediately if your capacity reach in terms of not just to open the account for them but to Dey nurse the account as you talk until them grow. The world now Dey grow into wetin English people Dey call Digital and crypto currency Dey take over so e good you show your children them the way early so that them no go pass through weytin most of us for here pass through as far as bitcoin is concerned. Me personally I no sabi weytin be bitcoin for over many years, I just Dey hear am but I no really understand weytin the tin be and how it works. If to say I sabi bitcoin early the way I sabi am now na me for know the level wey I for Dey by now.

[Barikui1]

I wan really understand watin you mean by you go open Bitcoin account for all your children?
Make I first follow you with big grammar first because this one just dey too funny and incomprehensible.
You never even grow your account reach member, you dey find children you wan pack account give when dem never even born them. Alaye try achieve something for this forum before you go talk say you wan create account give children wey never come this world.

No na,  you dy make some mistakes here bro.
You must not grow your account for the forum first before you invest in Bitcoin and achieve something big with it, because knowledge is everything.
E get some people wey know about Bitcoin and everything concerning investment wey be still newbie account or wey no know about this forum.
 I believe say you self fit confess say you go don see newbie or jnr member account for this forum wey know something pass person wey be legendary member, so e dy wrong to judge am by him rank.

If you are referring to create a multiple wallet for your children, without funding the account with Bitcoin, that should be seen as waste of time because create wallet without fund inside is a full scale stupidity. If you can create the wallet if that is what you are talking about and finding them, that will be a good idea everyone will have to welcome.

Creating wallet for them and funding all of them self no make sense because them no go know it value and importance, so in my own opinion, the best thing you fit do for your children is teaching them about Bitcoin investment and some other important things they need to know in this digital space from a very young age, with that them fit open the account and invest by themselves, than opening and funding the account when them no get anything upstairs.

[Zackz5000]

I just dey think this topic since,ee dey good make papa open plenty bitcoin account for all in pikin ,dey nurse the acct small small till the pikin come go school finish then you  come give them those account to start ,or they no go value am?

Since e be say cryptocurrency investments has almost conquer I think if papa or mama do this for in own pikin ee never bad then when  they grow up the account then go give them.
Tell them about digital assets, security,blochain,and market dynamics to make sure say they sabi them so that when they grow they go take full charge and control on their different accounts.
Na this thing wey I dey reason since ,I say make I talk am here ,I don't know if una dey see am the way me dey see am ,to me ee good day make papa open bitcoin investment account for ee own pikin,how una see this one.

I wan really understand watin you mean by you go open Bitcoin account for all your children?
Make I first follow you with big grammar first because this one just dey too funny and incomprehensible.
You never even grow your account reach member, you dey find children you wan pack account give when dem never even born them. Alaye try achieve something for this forum before you go talk say you wan create account give children wey never come this world.

If you are referring to create a multiple wallet for your children, without funding the account with Bitcoin, that should be seen as waste of time because create wallet without fund inside is a full scale stupidity. If you can create the wallet if that is what you are talking about and finding them, that will be a good idea everyone will have to welcome.
Happy New Year to the Naija local board.

I no sure say na forum account him dey talk about but the way him put am come make am look like that but e for dey more clear if him been use Bitcoin wallet and not Bitcoin account.

Creating Bitcoin wallet for our children will be just a waste of time unless the man will gradually be accumulating Bitcoin for them, the right thing we can do for our self and children for now is to open a bank account for and gradually be depositing fiat into before them to grow money go don full their account this one go even make life more easy for them.