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Topic: Give your child/ren a bright future! - page 14. (Read 8504 times)

sr. member
Activity: 980
Merit: 255
June 05, 2017, 01:27:44 AM
To all parents and soon to be parents out there,

Plan for your children or future children by saving Bitcoin for them. Buying them bit by bit would be a great investment for the future of your kids. I am saying that you must have a new wallet for your kids so that when they come at the right age, you can give them that wallet and imagine how bright their future will be. You can hold bitcoin for their education, life plans, or whatever you think of.

I believe that if you start storing bitcoin for them now, a bright future is ahead of them  Wink
While this is nice and all, I think we must concentrate to accumulate as much bitcoin for ourselves, we don’t need to use the excuse of saving for your children, save bitcoin for yourself, because if you are fine and your investment is successful your whole family is going to enjoy the benefits out of it.
hero member
Activity: 1190
Merit: 534
June 04, 2017, 10:59:32 PM
I think two bitcoins per child should be enough for them who are going to be a parent in this year. One bitcoin would help them to complete their studies and other living necessities and another one would help them to buy a house and vehicles. I am considering the picture of 15+ years when they will be mature enough and bitcoin would have the 100X price.

Not a bad suggestion either but will you prefer your kids work for their own money or you want to fend for them after you're old. I think the best is to cater for their education and let them continue the rest so for me 1 BTC per child is okay.

Yeah, since I know that bitcoin's price that time will be that high for us to just give them 2 bitcoin just to be use on their study. But don't you think that it would be better if you are going to teach them about it so, they could have more money and also us. Although we have to consider the opinion of our children if they want to learn this stuff or what.
LOL. Giving the money the children is not a good idea and it will make them become badder. Just try to teach them how to use bitcoin and give them a small amount of bitcoin. Not the whole 2 bitcoin like that. Give them 0.1 bitcoin is better

It doesn't mean that we are giving money to our children, we are saving money for our children.
You can also see in this thread he is asking for saving the bitcoin for children's future.
If we save our bitcoins and when our children will be young then we can use our saving bitcoins on their education and wedding and something more.  

Saving for your children is good for everyone to do. It ensures that our children will have a good future even when we are already gone or in case we die too early in an unfortunate event. Great that people are saving up for their children through bitcoins, it is a good investment too that could grow over time.

I would like to quote Hal's words here, he says

with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy.
[edited slightly]

Even being the earliest adopter he thinks that he should save his bitcoins for his kids (even though there were some more reasons behind it). I think, saving something for kids will pay off them in future and trust me it would be the most satisfying thing we will feel when we look back after 10 years.
legendary
Activity: 3528
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June 04, 2017, 04:36:12 PM
Going to play the contrarian opinion here.  What if your kids end up to be miserable sons of bitches that are unworthy of an inheritance?  Don't you think you should see what the tree has produced before thinking about leaving them anything?  Don't you think your kids ought to earn their own money?  Don't you think leaving your bitcoin hoard to a worthwhile charity might be the better option?  I'm not a big fan of kids--especially your kids--and I'm even less of a fan of inheritances.
sr. member
Activity: 700
Merit: 251
June 04, 2017, 04:31:01 PM
Wow that's actually a great idea.
So far i never thought to invest bitcoin for my future child, since i'm still so young and don't plan to have child soon.
I only think to invest bitcoin for my future self lol. But reading this make me realize that it's not bad idea, since i know how hard it is for parents to give their child a bright future.
But this is quite risky, knowing that the price of bitcoin is fluctuating and we won't know if the price will stay increasing or crash.
So i don't know is this really a good decision? Won't it better to save the money in bank or investing it in something else?
sr. member
Activity: 756
Merit: 253
June 04, 2017, 04:29:15 PM
Sure they deserve that bright future and so I'm stocking up bitcoins for their future and now that we are at the early adopters stage I'm hoping we could get more people on board to increase demand and prices for us to profit in the long term.
sr. member
Activity: 364
Merit: 250
June 04, 2017, 02:40:34 PM
If you are serious about saving money for your kids' education or future needs, putting that money in bitcoin is an extremely irresponsible decision. You are far better off putting it into index funds and mutual funds, assuming it will be there for 10+ years. The risk vs reward over 10+ years for those funds is extremely favorable and for bitcoin it absolutely is not. This isn't really a debatable topic either - investing in any asset that is less than 10 years old, for a duration of 10+ years, is going to be riskier than investing in something that has had consistent behavior for over 100 years.

I happen to believe that bitcoin has a bright future but anybody who feels confident enough in that to put their children's savings into it is being foolish. Bitcoin investments should be made using money that you can afford to lose.

I would never classify my suggestion as as "extremely irresponsible decision." First of all I am not a parent but I will speak like a parent, as a parent, I will decide and choose what I think is best for my kids. And if I think that investing in Bitcoin is best, then you cannot question my thoughts, you do not even have the right to do so. I never forced you to follow the suggestion in OP so you have the right to accept or neglect. If you think that investing in mutual funds is the best for your kids then do so, I don't give a damn on your thoughts and decisions.

OP, you said it as if the price of Bitcoin will forever continue on the up trend. Investing in Bitcoin is like investing in any other business. Businesses do have their downtrend from time to time. If in doubt, you may want to find out from Mark Zukerberg or Bill Gates. I am one of the VERY few who believes that Bitcoin will not forever trend upwards in price. In fact, a time will come when other coins will go top it.

I, myself, believe in bitcoin. However, I choose to be wise in this type of environment. I did not claim that bitcoin will stay forever nor bitcoin will continue upward but we all hope that bitcoin will be the apple of our eyes forever. The OP is just a suggestion and all are free to do what they will. I believe in Bitcoin so I want to invest in bitcoin. Regardless of the risk and uncertainties, I will invest but I will monitor and be a wise investor.

Well I have a problem with this topic suppose my present or future is secure it mean that I have a secure future for my child too. If I have an insecure future then my kids definitely will be having an insecure future.

So, why do the writer have put the word children in the text? To make it more sensitive or to let the users realize that the Bitcoin is not a short term investment.

You cannot be too sure. That is only for you or for the whole family, but consider the uncertainties of life. Even though if you have a secured future today, all things may fall apart due to some reasons. So in order to secure the future of your kids, you have to have a separate way of securing their future. You must not depend on the now. Yes you have to prepare for the future of yourself and your family and that includes a separate preparation to the future of your kids.

The word "children" is included because it is about them. About securing their future. Not to make it sensitive but to make an emphasis. Most users know that bitcoin is a long term investment, you have to take note that mate.

If you are serious about saving money for your kids' education or future needs, putting that money in bitcoin is an extremely irresponsible decision. You are far better off putting it into index funds and mutual funds, assuming it will be there for 10+ years. The risk vs reward over 10+ years for those funds is extremely favorable and for bitcoin it absolutely is not. This isn't really a debatable topic either - investing in any asset that is less than 10 years old, for a duration of 10+ years, is going to be riskier than investing in something that has had consistent behavior for over 100 years.

I happen to believe that bitcoin has a bright future but anybody who feels confident enough in that to put their children's savings into it is being foolish. Bitcoin investments should be made using money that you can afford to lose.
I think the whole idea of op is not to tie down some Bitcoin for 10 or more years. But rather a move to take advantage of the impressive price surge in the price of Bitcoin as some fund left in some Bitcoin wallet for a year or two can double or even triple and can then be withdrawn  and transferred to mutual funds for instance.

I say that you got a wise head there mate. The suggestion does not say everything and others must think and be wise about this king of thought. If uncertainties happen, be wise and do some actions. The future of you kids is at stake, I believe in Bitcoin but having caution is always safer.

Everybody has their own interpretation about the suggestion. Accepting it as is without having further studies might lead to failure. Being wise is not evil, right?
hero member
Activity: 1134
Merit: 517
June 04, 2017, 01:36:33 PM
To all parents and soon to be parents out there,

Plan for your children or future children by saving Bitcoin for them. Buying them bit by bit would be a great investment for the future of your kids. I am saying that you must have a new wallet for your kids so that when they come at the right age, you can give them that wallet and imagine how bright their future will be. You can hold bitcoin for their education, life plans, or whatever you think of.

I believe that if you start storing bitcoin for them now, a bright future is ahead of them  Wink

If you are serious about saving money for your kids' education or future needs, putting that money in bitcoin is an extremely irresponsible decision. You are far better off putting it into index funds and mutual funds, assuming it will be there for 10+ years. The risk vs reward over 10+ years for those funds is extremely favorable and for bitcoin it absolutely is not. This isn't really a debatable topic either - investing in any asset that is less than 10 years old, for a duration of 10+ years, is going to be riskier than investing in something that has had consistent behavior for over 100 years.

I happen to believe that bitcoin has a bright future but anybody who feels confident enough in that to put their children's savings into it is being foolish. Bitcoin investments should be made using money that you can afford to lose.
I think the whole idea of op is not to tie down some Bitcoin for 10 or more years. But rather a move to take advantage of the impressive price surge in the price of Bitcoin as some fund left in some Bitcoin wallet for a year or two can double or even triple and can then be withdrawn  and transferred to mutual funds for instance.
full member
Activity: 211
Merit: 100
June 04, 2017, 12:43:34 PM
Yes giving a child bright future is the greatest thing to do in you whole life. This may added a self determination and achieved your goal in life to save for the future of your children. In this bitcoin world, indeed I will hold atleast 1BTC for my kid even we cannot predict the price movemebt still I beleive it will continously rising.
investing on bitcoin will be a great investment for a future children , in fact earning bitcoin and stored it for awhile until we needed an amount of money for our children is good investment. i will earn for now as much as i could , so that i will not be problematic on the future, so that i could give my children a bright future and i can provide their needs too.

Archiving bitcoin for the future of a child is a great thought, we can view it as an inheritance asset. This will help it a lot in the future.
legendary
Activity: 3542
Merit: 1352
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June 04, 2017, 12:26:34 PM
It might be a good idea but diversifying is always a smarter move. The future is bright for bitcoin and we all know that, however there is also a possibility that everything would crumble. Needless to say, putting all that you have in bitcoin today would be a good bet for tomorrow, but what about the coming years where we are uncertain? Crypto assets and real estate would be my investment and where will I put most of my money.
hero member
Activity: 826
Merit: 501
June 04, 2017, 12:22:55 PM
Yes giving a child bright future is the greatest thing to do in you whole life. This may added a self determination and achieved your goal in life to save for the future of your children. In this bitcoin world, indeed I will hold atleast 1BTC for my kid even we cannot predict the price movemebt still I beleive it will continously rising.
investing on bitcoin will be a great investment for a future children , in fact earning bitcoin and stored it for awhile until we needed an amount of money for our children is good investment. i will earn for now as much as i could , so that i will not be problematic on the future, so that i could give my children a bright future and i can provide their needs too.
legendary
Activity: 1512
Merit: 1041
June 04, 2017, 12:03:19 PM
To all parents and soon to be parents out there,

Plan for your children or future children by saving Bitcoin for them. Buying them bit by bit would be a great investment for the future of your kids. I am saying that you must have a new wallet for your kids so that when they come at the right age, you can give them that wallet and imagine how bright their future will be. You can hold bitcoin for their education, life plans, or whatever you think of.

I believe that if you start storing bitcoin for them now, a bright future is ahead of them  Wink

I agree with saving Bitcoin for the future of your children but i disagree if you will buy Bitcoin even if its bit by bit because you need to think also of the worst case scenario. What if Bitcoin suddenly destroyed?. So if i were you if you want to save Bitcoin for your future children then i suggest don't buy Bitcoin instead join signature campaign and bounties and save those Bitcoin you get from joining signature or bounties for the future. That way if in the future if Bitcoin will be destroyed you will only wasted your time but not your money.
Well I have a problem with this topic suppose my present or future is secure it mean that I have a secure future for my child too. If I have an insecure future then my kids definitely will be having an insecure future.

So, why do the writer have put the word children in the text? To make it more sensitive or to let the users realize that the Bitcoin is not a short term investment.
hero member
Activity: 1428
Merit: 506
June 04, 2017, 11:00:54 AM
Yes giving a child bright future is the greatest thing to do in you whole life. This may added a self determination and achieved your goal in life to save for the future of your children. In this bitcoin world, indeed I will hold atleast 1BTC for my kid even we cannot predict the price movemebt still I beleive it will continously rising.
hero member
Activity: 868
Merit: 535
June 04, 2017, 10:58:22 AM
I think two bitcoins per child should be enough for them who are going to be a parent in this year. One bitcoin would help them to complete their studies and other living necessities and another one would help them to buy a house and vehicles. I am considering the picture of 15+ years when they will be mature enough and bitcoin would have the 100X price.

Not a bad suggestion either but will you prefer your kids work for their own money or you want to fend for them after you're old. I think the best is to cater for their education and let them continue the rest so for me 1 BTC per child is okay.

Yeah, since I know that bitcoin's price that time will be that high for us to just give them 2 bitcoin just to be use on their study. But don't you think that it would be better if you are going to teach them about it so, they could have more money and also us. Although we have to consider the opinion of our children if they want to learn this stuff or what.
LOL. Giving the money the children is not a good idea and it will make them become badder. Just try to teach them how to use bitcoin and give them a small amount of bitcoin. Not the whole 2 bitcoin like that. Give them 0.1 bitcoin is better

It doesn't mean that we are giving money to our children, we are saving money for our children.
You can also see in this thread he is asking for saving the bitcoin for children's future.
If we save our bitcoins and when our children will be young then we can use our saving bitcoins on their education and wedding and something more. 

Saving for your children is good for everyone to do. It ensures that our children will have a good future even when we are already gone or in case we die too early in an unfortunate event. Great that people are saving up for their children through bitcoins, it is a good investment too that could grow over time.
hero member
Activity: 2506
Merit: 645
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June 04, 2017, 10:53:29 AM
I think two bitcoins per child should be enough for them who are going to be a parent in this year. One bitcoin would help them to complete their studies and other living necessities and another one would help them to buy a house and vehicles. I am considering the picture of 15+ years when they will be mature enough and bitcoin would have the 100X price.

Not a bad suggestion either but will you prefer your kids work for their own money or you want to fend for them after you're old. I think the best is to cater for their education and let them continue the rest so for me 1 BTC per child is okay.

Yeah, since I know that bitcoin's price that time will be that high for us to just give them 2 bitcoin just to be use on their study. But don't you think that it would be better if you are going to teach them about it so, they could have more money and also us. Although we have to consider the opinion of our children if they want to learn this stuff or what.
LOL. Giving the money the children is not a good idea and it will make them become badder. Just try to teach them how to use bitcoin and give them a small amount of bitcoin. Not the whole 2 bitcoin like that. Give them 0.1 bitcoin is better

It doesn't mean that we are giving money to our children, we are saving money for our children.
You can also see in this thread he is asking for saving the bitcoin for children's future.
If we save our bitcoins and when our children will be young then we can use our saving bitcoins on their education and wedding and something more. 
hero member
Activity: 1190
Merit: 534
June 04, 2017, 10:02:57 AM
I think two bitcoins per child should be enough for them who are going to be a parent in this year. One bitcoin would help them to complete their studies and other living necessities and another one would help them to buy a house and vehicles. I am considering the picture of 15+ years when they will be mature enough and bitcoin would have the 100X price.

Not a bad suggestion either but will you prefer your kids work for their own money or you want to fend for them after you're old. I think the best is to cater for their education and let them continue the rest so for me 1 BTC per child is okay.

Yeah, since I know that bitcoin's price that time will be that high for us to just give them 2 bitcoin just to be use on their study. But don't you think that it would be better if you are going to teach them about it so, they could have more money and also us. Although we have to consider the opinion of our children if they want to learn this stuff or what.
LOL. Giving the money the children is not a good idea and it will make them become badder. Just try to teach them how to use bitcoin and give them a small amount of bitcoin. Not the whole 2 bitcoin like that. Give them 0.1 bitcoin is better
That's not necessarily bad, but if you give them money freely, you will create bad habits for them, and when they grow up, they will waste money, for the kids, we Pay attention to them in the best way, teach them how to save money.

i agree on this, it's the same logic behind giving people bitcon for free, they will dump and forget about bitcoin, it's better to make them buy on the market and help the market grow, or force them to acquire via other ways, and help bitcoin getting more popular

I respect everyone's opinion here but at the same time I think, giving money isn't about transferring the bitcoin in their wallet. It's about spending for their quality education and maintaing the good living conditions which will help them to grow as a healthy, educated & self sutainable human being. They can manage the rest of their life with the education and skills they acquired.
legendary
Activity: 2590
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June 04, 2017, 09:39:57 AM
I think two bitcoins per child should be enough for them who are going to be a parent in this year. One bitcoin would help them to complete their studies and other living necessities and another one would help them to buy a house and vehicles. I am considering the picture of 15+ years when they will be mature enough and bitcoin would have the 100X price.

Not a bad suggestion either but will you prefer your kids work for their own money or you want to fend for them after you're old. I think the best is to cater for their education and let them continue the rest so for me 1 BTC per child is okay.

Yeah, since I know that bitcoin's price that time will be that high for us to just give them 2 bitcoin just to be use on their study. But don't you think that it would be better if you are going to teach them about it so, they could have more money and also us. Although we have to consider the opinion of our children if they want to learn this stuff or what.
LOL. Giving the money the children is not a good idea and it will make them become badder. Just try to teach them how to use bitcoin and give them a small amount of bitcoin. Not the whole 2 bitcoin like that. Give them 0.1 bitcoin is better
That's not necessarily bad, but if you give them money freely, you will create bad habits for them, and when they grow up, they will waste money, for the kids, we Pay attention to them in the best way, teach them how to save money.

i agree on this, it's the same logic behind giving people bitcon for free, they will dump and forget about bitcoin, it's better to make them buy on the market and help the market grow, or force them to acquire via other ways, and help bitcoin getting more popular
legendary
Activity: 3038
Merit: 1169
June 04, 2017, 09:38:06 AM
It's really good idea even I am doin that I got 4 month baby even I am thinking that am not only collecting bitcoin from all the possible ways. Even I started to collect some good altcoins like ether and lite pin funny thing is that I am collecting dogecoin more it is the only crypto having in the for of full coin
Just be a risk taker and collect the coins that you think that has a lot of potential in the future. Dogecoin is one of the coin that has a potential if the devs will make a good project or movement for their cryptocurrency because you can see that the price of doge is already pumped from the low price that is around 30 sats so i think there is a lot of things that can happen in dogecoin.

A lot of coins would have a lot of potential just like bitcoin with just the right timing it can surely increase, and I have seen that a lot of those coins when bitcoin rise it's value many Alts have increase in value too, and because of Alts we will have many options with trading that is why I think it is necessarily to support some Alts that you like that is sure to obtain the same stature as bitcoin does.

People often look at the development of bitcoin and ignore the altcoin, but in fact, the altcoin grows very quickly, especially the altcoin grows on a bitcoin basis, its value soaring to horribly instantaneous levels. Even when bitcoin is fast double value. That is a wonderful thing.

Many is surely ignoring the potential of Altcoins and many don't have a knowledge with some, but the fact that Altcoins can certainly can make you profit is one fact to simply embrace it too, if you are really familiar with trading with Bitcoin to Altcoins you will simply know how doable it is with trading I think there are many users that are doing this and day by day there are people that are getting into trading.
sr. member
Activity: 994
Merit: 252
June 04, 2017, 08:12:39 AM
I just want to teach my child to know bitcoin so that he can be independent with his own results. And I also want to prepare what he needs right now
I think only teaching of bitcoin is not necessary to child because nobody know about future you can make bright future of child you can make some money for your children when he grow above 18 years will start own business suppose if you have not save money for your children future and only teach them about bitcoin and when he will above 18 years he will have no more capital to start a business.
hero member
Activity: 2590
Merit: 644
June 04, 2017, 06:55:42 AM
I will do that anytime if i have a lot bitcoins on my wallet, but for now im realy focusing on getting a real high paying job to sustain my family. Also hitting good campaigns and bounties in the forum that will make wallet happy.
Its a good idea to start earning bitcoin and afterwards saving it. It would be better if you have a stable job and make bitcoin as another source of income, bounties on altcoins is a good campaign to join in.
Saving of bitcoin for a brighter future for children is good initiative. recalled the values of bitcoin some few years ago. We had seen how the price of bitcoin grows leap and bound who knows how it  will become in the future. It's better to create a special wallet for a child now and start depositing bitcoin into it this will serves as insurance for the child so as to cater for his future expenditures.
That is a good suggestion because that special or separate wallet will become a good investment and also savings for the future because soon the price of bitcoin will go even higher and that is when bitcoin will become very usable in any part of the world and if you saved bitcoin for your children then they can take the benefits out of it.
sr. member
Activity: 2842
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June 04, 2017, 06:48:56 AM
I will do that anytime if i have a lot bitcoins on my wallet, but for now im realy focusing on getting a real high paying job to sustain my family. Also hitting good campaigns and bounties in the forum that will make wallet happy.
Its a good idea to start earning bitcoin and afterwards saving it. It would be better if you have a stable job and make bitcoin as another source of income, bounties on altcoins is a good campaign to join in.
Saving of bitcoin for a brighter future for children is good initiative. recalled the values of bitcoin some few years ago. We had seen how the price of bitcoin grows leap and bound who knows how it  will become in the future. It's better to create a special wallet for a child now and start depositing bitcoin into it this will serves as insurance for the child so as to cater for his future expenditures.
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