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Topic: Save you Bitcoin for your (grand) child / children? - page 23. (Read 36315 times)

hero member
Activity: 630
Merit: 500
Yes this is a good idea, if i gift my grand son even if 1 btc then also he will be super happy because at that time the price will reach upto 2 3 lakh After few years
That is good if you give a bank account to them after they have knowledge in this world, 1 bitcoin is huge amount and it helps them on their personal expense or what they want to buy with the amount of 1 bitcoin.
full member
Activity: 210
Merit: 100
Yes this is a good idea, if i gift my grand son even if 1 btc then also he will be super happy because at that time the price will reach upto 2 3 lakh After few years
hero member
Activity: 714
Merit: 531
You stole my dreams Roll Eyes I had already planned to save bitcoin from my son and grand son because I know that during their times its price will be sky high so if I could gift then at least 1 btc also then they would feel high with happiness because in their times rate will be more than $2000
That is not good to store it for a long time of period to use it by your grand son, you need to invest in bank that is transferable when you are going to die that also gives you high security because of the insurance of money in the bank.
hero member
Activity: 756
Merit: 502
You stole my dreams Roll Eyes I had already planned to save bitcoin from my son and grand son because I know that during their times its price will be sky high so if I could gift then at least 1 btc also then they would feel high with happiness because in their times rate will be more than $2000

haha.. that's a good crazy idea..
i think you can use paperwallet for long term Smiley
so your children don't know you have big saving money
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
You stole my dreams Roll Eyes I had already planned to save bitcoin from my son and grand son because I know that during their times its price will be sky high so if I could gift then at least 1 btc also then they would feel high with happiness because in their times rate will be more than $2000
full member
Activity: 136
Merit: 100
i never save my bitcoins for my children because it is just a dumb idea all in all
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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...
legendary
Activity: 2982
Merit: 1280
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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?

Maybe we should think about the children or grandchildren but what are the best methods to save bitcoin for a long term, if we make a paper wallet it can be maybe destroyed after some years if we don't protect it very secure.
If you're aiming to save your Bitcoin for your children and/or grandchildren I would recommend spreading out and copying the information of any paper and digital wallets that you might use, so that the data is always recoverable and usable. I would also recommend spreading out the investment over multiple forms of storage, e.i. some in digital and paper, and then multiple copies of the data should be made and checked semi-regularly.

I agree with this safe keeping  method.  They should be well secure because it might be small in the beginning but the moment it gain lots of small saving overtime, it will be indeed a huge amount that may support your grand kids of their daily life.  Who knows, bitcoin maybe 100x higher of what it is now.
hero member
Activity: 490
Merit: 520
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?

Maybe we should think about the children or grandchildren but what are the best methods to save bitcoin for a long term, if we make a paper wallet it can be maybe destroyed after some years if we don't protect it very secure.
If you're aiming to save your Bitcoin for your children and/or grandchildren I would recommend spreading out and copying the information of any paper and digital wallets that you might use, so that the data is always recoverable and usable. I would also recommend spreading out the investment over multiple forms of storage, e.i. some in digital and paper, and then multiple copies of the data should be made and checked semi-regularly.
full member
Activity: 168
Merit: 100
I learnt about experts they're experts on fuck all
I would save a nice house with a garden near the sea rather than bitcoins. Or gold. I can't know what is going to happen to bitcoin in the future i but am %100 sure that the others will survive. (home can get destroyed with a missile though, that's why you shouldn't buy it from a 3rd world country)
full member
Activity: 826
Merit: 105
I would save but i am afraid that bitcoin will be dead at that time so there will be no use from it
legendary
Activity: 1526
Merit: 1001
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?

Maybe we should think about the children or grandchildren but what are the best methods to save bitcoin for a long term, if we make a paper wallet it can be maybe destroyed after some years if we don't protect it very secure.
sr. member
Activity: 268
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
that would be a really bad idea for me because i myself need a lot of money right now
yeah, i never save my money for my potential kids as i dont even have any at the moment, besides that it is possible that i wont have them in the future too
newbie
Activity: 42
Merit: 0
Well i am saving 1 bitcoin for my grandchildren/children/ or me in 25 years. As i am pretty sure that then bitcoins will be VERY expensive, so i will be very happy then

Haha, it makes sense, at that time, everything will be very expensive due to inflation, maybe bitcoin will be 10k usd, who knows.
I am also planning to save the bitcoins for future. I have just started earning bitcoins from signature campaign. The price has gone down. It will be a good idea to save now for future profit. The price may increase end of this year. It is better to earn more bitcoins and as much as we can and gain profits once the price increases.

Keep prices down while bitcoin is the way that it is very good to do. because it will give you an advantage on us 2 x folding than usual and no doubt it will make us increasingly happy, and also our lives will surely be helped by it. keep the spirit and always the focus
full member
Activity: 243
Merit: 101
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 did lose bitcoin at one point earlier this year because I thought it would be safe to sell small amounts on Ebay. I was very wrong. Things went smoothly for a couple of months, but after about 2 months I started getting chargebacks from all the customers I was chatting with. I ended up breaking even because of the legit sales I made, but I would not recommend anyone try that method.
full member
Activity: 140
Merit: 100
Well i am saving 1 bitcoin for my grandchildren/children/ or me in 25 years. As i am pretty sure that then bitcoins will be VERY expensive, so i will be very happy then

Haha, it makes sense, at that time, everything will be very expensive due to inflation, maybe bitcoin will be 10k usd, who knows.
I am also planning to save the bitcoins for future. I have just started earning bitcoins from signature campaign. The price has gone down. It will be a good idea to save now for future profit. The price may increase end of this year. It is better to earn more bitcoins and as much as we can and gain profits once the price increases.
member
Activity: 99
Merit: 10
Well i am saving 1 bitcoin for my grandchildren/children/ or me in 25 years. As i am pretty sure that then bitcoins will be VERY expensive, so i will be very happy then

Haha, it makes sense, at that time, everything will be very expensive due to inflation, maybe bitcoin will be 10k usd, who knows.
newbie
Activity: 23
Merit: 0
Well i am saving 1 bitcoin for my grandchildren/children/ or me in 25 years. As i am pretty sure that then bitcoins will be VERY expensive, so i will be very happy then
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
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?

actually I just earn a little bit bitcoin, and I often convert it to fiat because of the need of daily activity.

I just trust my wallet private key to a person, and I think he would give my bitcoin to my family if something happens to me.
full member
Activity: 210
Merit: 100
No, i don't. Because bitcoin is instrument of investments and bitcoin has high fluctuating of price and risk, everything can be happening to bitcoin (include there is not valuable in bitcoin), so if there is profit will sell it and taking the profit.
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