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Topic: Save you Bitcoin for your (grand) child / children? - page 19. (Read 36315 times)

full member
Activity: 168
Merit: 100
For now i dont have idea for saving my btc for my child or grand child cause now i'm still alone. I'm use btc for my necessary. But there's good idea to save your btc. Maybe 1 until 5 years ahead i will do that. 
sr. member
Activity: 434
Merit: 250
This is actually the best thought I have ever seen on this forum...
One of the best gifts to be given by you to your child or grand children will be bitcoins, as bitcoins have future and if it will still exist, then I think it will prove to be the best investment of you for your upcoming ones...

Yeah but would you take the risk of saving trough so much effort only for it to be worth nothing when they reach age of adulthood?
I wouldn't do it cause I would be afraid of the value in those years, I'd rather save for them in gold.
hero member
Activity: 784
Merit: 500
i read last news about bitcoin, and the billionare manager finance (Bill Gross) says Go with Bitcoin, Skip Central Banks
https://www.cryptocoinsnews.com/go-bitcoin-skip-central-banks-says-billionaire-finance-manager-bill-gross/
i think it's good idea to start holding some bitcoin now for our grand children Smiley
legendary
Activity: 3248
Merit: 1179
I would love to give something more then "money"  to my children or grandchildren, if I ever have them. For now I'm earning and spending, saving just a little bit here and there. I think I will have fun couple more years before I decide to have children, and to save for them. I see good plan in this, if someone earn a lot of coins and have opportunity to put something on a side that will worth a lot one day.
I will think more about this!
legendary
Activity: 2604
Merit: 1036
I see Bitcoin as a long-term financial project and as such it hasn't reached its full potential yet. I have a long-term bank savings account I haven't touched in years and I treat my Bitcoin wallet the same way. I will make sure that my children or grandchildren will have something left from me when the time comes. Spending Bitcoin now or saving it for the future is up to everyone to decide for themselves. I think both directions are right because Bitcoin might not be worth much in the future, but it could always go the other way around of course  Wink
sr. member
Activity: 756
Merit: 294
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 think everyone is thinking for their children first and if they have grand children then they should think for the future of their gran children and save money for them, and for me the answer is yes i want to save bitcoins for my grand son/ daughter to give them a good future and also to meet their study and other expenses.

I am already a father - actually a new father because my wife just delivered our first baby. I see that it will take many years from now since I will see my grandchildren but I am already saving a portion of my bitcoin for that purpose. Aside from that, I also save a portion of my fiat money for the future of my descendants.
copper member
Activity: 1722
Merit: 1004
PredX - AI-Powered Prediction Market
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 think everyone is thinking for their children first and if they have grand children then they should think for the future of their gran children and save money for them, and for me the answer is yes i want to save bitcoins for my grand son/ daughter to give them a good future and also to meet their study and other expenses.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
I am still unmarried so I don't think I will be able to save for them as may be in next few years bitcoin will be replaced by some other currency and in that case it will waste my coins, so I will prefer to spend them on myself.

you sound so selfish and without any faith in bitcoin Smiley

bitcoin is just starting to grow and become bigger, it is not a century old technology to become outdated and be replaced with something new this easily.
hero member
Activity: 924
Merit: 1000
I am still unmarried so I don't think I will be able to save for them as may be in next few years bitcoin will be replaced by some other currency and in that case it will waste my coins, so I will prefer to spend them on myself.
legendary
Activity: 3122
Merit: 1140
I will not block my money by just holding some Bitcoins for so long, instead I will prefer to trade to grow and to make some money out of that amount. Future is unseen and don't know what reserves for Bitcoin so having good use of money is modest way to deal. It is not for me to throw some money and let it lock in wallet for years from now.
why not. imagine you grandparents bought a piece of gold for you. they looked it away and forgot about it. they did not mind it and nobody was missing anything in their lives. today for you this peace of gold could be worth much more and would be quite nice to have. why not just look some bitcoin away and give it to them in 20-30 years. beside that you can still do whatever you like with the rest of your money.

It depends on what  kind of person we are, some  are not sensible enough to   think of these things   because they  dont  mind    regarding  on their  grandchildrens  because they are thinking  to theirselves  which they like to make  benefit on bitcoin they have and dont intend to share. lol
sr. member
Activity: 280
Merit: 253
I will not block my money by just holding some Bitcoins for so long, instead I will prefer to trade to grow and to make some money out of that amount. Future is unseen and don't know what reserves for Bitcoin so having good use of money is modest way to deal. It is not for me to throw some money and let it lock in wallet for years from now.
why not. imagine you grandparents bought a piece of gold for you. they looked it away and forgot about it. they did not mind it and nobody was missing anything in their lives. today for you this peace of gold could be worth much more and would be quite nice to have. why not just look some bitcoin away and give it to them in 20-30 years. beside that you can still do whatever you like with the rest of your money.
hero member
Activity: 728
Merit: 500
I will not block my money by just holding some Bitcoins for so long, instead I will prefer to trade to grow and to make some money out of that amount. Future is unseen and don't know what reserves for Bitcoin so having good use of money is modest way to deal. It is not for me to throw some money and let it lock in wallet for years from now.
hero member
Activity: 1302
Merit: 503
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I'm saving some of my bitcoin earnings, yes, but I never thought that it would be for my grand child  Grin Well maybe because I'm too young, I don't even have a child yet. However, I'm saving it for my family's future, esp. for my parents (and maybe grand child belongs here in the future?). I believe that saving is a good idea, thinking and hoping that it will be worth using for in the future.  

same here. I just haven't thought that I will save some of my bitcoins for my children and my grandchildren. probably because I'm a student and not married yet, so I just think that the money I earn now is for my needs so I don't ask money from my family any longer, and to help my mother to pay my sister's school payment. just it.
hero member
Activity: 714
Merit: 500
My son is about to turn one this November and was thinking of setting aside a portion of my bitcoins for him. He has all the time in the world to watch and let it grow, even without him knowing.Much like a savings account, I would try to regularly put a little amount every month in a wallet that's solely for him. Would be nice to give him something substantial by the time he is old enough to handle his own finances.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
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?
since i am at the age of 28 year . i have one little baby . i have saved with his name about 0.1btc . i think the amount of 0.1btc is small but over think that after 10-20 year what will be price , it may will be equal to 1btc after a long time .

I think you mean it will be equal to what 1 BTC is equal now. Well, yeah, I think the price of 0.1 will be even higher in 20 years, and that's not because of the Inflation of the US Dollar, we are talking about the real rising in value when you can buy more things with 1 BTC.
hero member
Activity: 882
Merit: 500
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?
since i am at the age of 28 year . i have one little baby . i have saved with his name about 0.1btc . i think the amount of 0.1btc is small but over think that after 10-20 year what will be price , it may will be equal to 1btc after a long time .
sr. member
Activity: 448
Merit: 250
Thats a cool idea. But I would rather open like a savings account for them, just to be safe. Not saying that btc in unsafe though, it's just that its safer to use local currency.

Indeed the idea is very nice but it's not THAT safe is it and you would love safety for your (grand) children.
So I'd probably even invest into gold for them and pass that investment when they turn 18.
sr. member
Activity: 322
Merit: 250
It is not a bad idea but I have to see for my self how much money I am going to make from Bitcoin because I am here to make some extra money.
If I make enough to leave some behind for my children and grand children then I will do that.
newbie
Activity: 2
Merit: 0
its a gud choice to save somthing for ur children n grandchildren bitcoin is a medium to secure ur future. and as we know that the value of bitcoin increases with passage of time so if we keep our bitcoins till the time of our grandchildren then they will be millionaire with those bitcoins.
hero member
Activity: 952
Merit: 1000
I think it's to early to do that, saving bitcoin for my children. Because i'm still 20 and i'm not even have a girlfriend, lol. But i will do it for sure, if i already married and have a child.
But, with the respect to saving money or bitcoin, starting earlier must be the right option.

I like to suggest as you got very good opportunity to make your married life as well as your children's lives more prosperous if you plan up right away. Starting saving bitcoin earlier in the age of 20 itself, must be life's very big gift. You may get chances of becoming millionaire by your 30th birthday itself and your son may born as millionaire too.
Yes, to save bitcoin for your children, you need not to be even married. Yes, you can start saving even you are being a child. Saving as a child for your child is possible with bitcoin and it is mostly recommended in my view too. 

Because, saving bitcoin must be possible and profitable only for our generation. There is no guarantee that same opportunity will be available to our son or grandson.

Exactly, saving bitcoin is good but we are not sure how long bitcoin will survive and there is a full chance that it may get replaced by some other currency in future.
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