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Topic: Save you Bitcoin for your (grand) child / children? - page 15. (Read 36315 times)

sr. member
Activity: 476
Merit: 250
Of course. Who doesn't want to invest. Bitcoin is awesome. For me it is stable and will go a long way.
I'm not sure though if my grandchildren would ever need my bitcoins since I'll make sure that I'm rich before getting a wife.  Grin
legendary
Activity: 3234
Merit: 1029
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We do not know until when bitcoin exist it will always unstable, i think it is much better to save in the bank than in bitcoin, the bank account will be named in your grand child/ children. it much safe than investing in bitcoin.
Too fast for think about that, and are you already have a wife? i guess if the answer is yes will be correct things about that but if you don't have too fast for think about that and your is still a long man.
hero member
Activity: 714
Merit: 531
We do not know until when bitcoin exist it will always unstable, i think it is much better to save in the bank than in bitcoin, the bank account will be named in your grand child/ children. it much safe than investing in bitcoin.
sr. member
Activity: 294
Merit: 251
I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Everything is possible really.
I really wish and hope that very soon Bitcoin will become mainstream and main standard for online payments, and replace Paypal from throne.
Of course, such scenario will not happen overnight but in next 10 to 20 years is very realistic goal.
In such case, value of BTC will increase a lot and if we save some bTC funds now, it can rally have much bigger value later and help our children and grandchildren.
Can you imagine, to buy let's say 10 bTC now for $6 000 and save for your grandchildren later, when value of BTC can reach $ 5000 or more? Your descendants will be eternally grateful to you Smiley



I don't know, maybe they will just spend it all in one day.

Btw you can invest this money in others things and got a better effect, and well, never bet everything on Bitcoin, it can fall someday.
sr. member
Activity: 756
Merit: 294
i dont really have that many bitcoins yet, but if the price does go up exponentially over the future years, ill probably end up saving my coins to pass on to the next generation. unless i go broke ofcourse.  Cool

Right, bitcoins has a lot of potential because of its good feature and convenience. Saving them for your grandchildren is a bit too long but really worth doing. Just make it sure that you evenly distribute it to them in case you will have a bunch of grandkids Cheesy If you really want to and decide with cull conviction, then you will really find a ways not to go broke Wink
hero member
Activity: 756
Merit: 500
i dont really have that many bitcoins yet, but if the price does go up exponentially over the future years, ill probably end up saving my coins to pass on to the next generation. unless i go broke ofcourse.  Cool
full member
Activity: 210
Merit: 100
i am not thing for such a long time. every one has their own fate, i am earning money for my self and no doubt for my children but it is not the aim of my life, i like to earn and lead a standard life with my family but not earning money to keep safe for my grand sons.
legendary
Activity: 3374
Merit: 1824
I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Everything is possible really.
I really wish and hope that very soon Bitcoin will become mainstream and main standard for online payments, and replace Paypal from throne.
Of course, such scenario will not happen overnight but in next 10 to 20 years is very realistic goal.
In such case, value of BTC will increase a lot and if we save some bTC funds now, it can rally have much bigger value later and help our children and grandchildren.
Can you imagine, to buy let's say 10 bTC now for $6 000 and save for your grandchildren later, when value of BTC can reach $ 5000 or more? Your descendants will be eternally grateful to you Smiley

legendary
Activity: 2982
Merit: 1280
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I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Venture capitalist Tim Draper predicted $10K per Bitcoin by 2018...

https://www.youtube.com/watch?v=QhmP4bwuWqw

Prediction or speculation holds no weight.  Besides, it is a mere guess, even with lots of reason behind this guess.  The only purpose is to “hype” bitcoin so more people will think that it will increase in price.  Propaganda to make people jump to the scheme.  Bitcoin may increase in price, but I highly doubt that it will reach 10k USD  by 2018.
legendary
Activity: 1662
Merit: 1050
I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.

Venture capitalist Tim Draper predicted $10K per Bitcoin by 2018...

https://www.youtube.com/watch?v=QhmP4bwuWqw
sr. member
Activity: 280
Merit: 250
I think at the time of our son/grandson bottom and c other cryptocurrency would be known by everyone and it would be common money for many. but if we save now then after 10 to 40 years they would be very happy to get those digital asset and may be at that time 1btc would worth more than $5000 which is now about 10% of the price.
sr. member
Activity: 350
Merit: 250
I guess that I am going to leave some behind for them but how much I do not know because I want to look first how much I would end up with.
I need to think about my self first because I am the one putting the time on first.
sr. member
Activity: 322
Merit: 250
This is cool idea. I had started already on saving bitoin for my better future and to the one who is my hero, my grandma. I am saving bitcoin so that i can help  beloved
.
It is going to depend on how much Bitcoin I can make because I am here for my self so first I also need to think about my self.
If I am done and have done what needed to be done then I can look who I could help out.
hero member
Activity: 840
Merit: 501
Of course i will passed down my bitcoin to my next generation, and i will make sure they know how to earn bitcoin, hopefully they can develop and bring crypto currencies to the better level, and with bitcoin i hope they can reach financial freedom
sr. member
Activity: 476
Merit: 250
I do wonder what kind of crazy value Bitcoin will have in the next 10-20 years and by crazy it could go up or down. xD

I rather think that the price will bitcoin craze in the future as possible after you die, what are you going to leave your bitcoin in vain, of course you're going to give it to your children
hero member
Activity: 3024
Merit: 745
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I try to save around 1 btc for my grandchildren/children. but I use it every day to buy all the daily needs. I am always interested to spend it  Sad


I'm doing this also so when I grow older then I am able to help my grand children for their financial needs, but it is really hard to save good amount of bitcoins. For there are times that we need to use our bitcoins for our own needs. Just like yesterday, I'm able to pay my internet bills and I used almost 0.05 BTC just for paying it.
hero member
Activity: 630
Merit: 500
I do wonder what kind of crazy value Bitcoin will have in the next 10-20 years and by crazy it could go up or down. xD
legendary
Activity: 1092
Merit: 1000
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Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?

For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?
I agree that bitcoin should be saved for long term but we all have our own needs and when price is good nobody can resist to sell.If price hits $10k,I would most probably sell my all coins
hero member
Activity: 812
Merit: 505
I try to save around 1 btc for my grandchildren/children. but I use it every day to buy all the daily needs. I am always interested to spend it  Sad
full member
Activity: 193
Merit: 100
A good topic to share with. I have just began my journey. Started my career few months back here. Joined in the campaign and posting. Waiting to experience the btc come to wallet. I really love to save the bitcoins I earn via campaigns. I am sure this would really help me fulfill my family needs and expenses for now. Will save more if I have btc after satisfying my needs. Would really love to use the saving for my children's future.
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