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Topic: Save you Bitcoin for your (grand) child / children? - page 24. (Read 36315 times)

sr. member
Activity: 504
Merit: 250
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that would be a really bad idea for me because i myself need a lot of money right now
yeah, i need a lot of money right now either, i really like bitcoins and i definitely dont keep it for my children or grandchildren as i use it myself
hero member
Activity: 826
Merit: 502
I think this will be a good idea if bitcoin continues increasing its price. Otherwise, this will be a not so good idea. A bitcoin wallet that is passed on generation by generation because the ancestor (you) have predicted that bitcoin will be a lot valuable than what it was so you saved a lot of them for the wealth of your future grand grand grand relatives. If you leave a bank account instead, in the future generation, it will be still the same amount. Leaving Bitcoin instead will make your future kids rich.
newbie
Activity: 9
Merit: 0
that would be a really bad idea for me because i myself need a lot of money right now
sr. member
Activity: 308
Merit: 250
i think yes bitcoin can give you such a good income that you can even safe it for your grandsons. as most of the people are saving and making money for their children, but bitcoin can give you a chance to make money for your grandchildren.
full member
Activity: 210
Merit: 100
yes. I would definitely love to save bitcoins for my grand children. because bitcoin is a trusted currency right now. and it have a good potential to grow up in future. I may save 1 million$ of bitcoin today for my children and when my children come to the world the 1 million$ may become 1 billion$. this is not a joke. bitcoin can make it possible

This is a good preparation to our grandchild to be or children to be also, because bitcoin iis big tools into that kind of a savings to our love ones. And bitcoin has a big future actually, that's the reason behind all of this why we keep our bitcoin in our wallet address.
to me in present time it is not so easy to safe money for your grandchildren, in present time i think one can only live from hand to mouth, if a person can pass a standard life he is said to be a luck person, because every thing has become so expenses that they are getting out of the reach of middle class people.
hero member
Activity: 966
Merit: 507
I am not sure this is a good idea. Altcoins are a great opportunity for these times, but I have no doubt that in 20 years there will be better opportunities and these current altcoins will be considered as outdated stuff. So we should take advantage of the current boom in cryptos to make money and inherit that capital to our children.
hero member
Activity: 1022
Merit: 500
yes. I would definitely love to save bitcoins for my grand children. because bitcoin is a trusted currency right now. and it have a good potential to grow up in future. I may save 1 million$ of bitcoin today for my children and when my children come to the world the 1 million$ may become 1 billion$. this is not a joke. bitcoin can make it possible

This is a good preparation to our grandchild to be or children to be also, because bitcoin iis big tools into that kind of a savings to our love ones. And bitcoin has a big future actually, that's the reason behind all of this why we keep our bitcoin in our wallet address.
hero member
Activity: 1092
Merit: 523
I see that there are a few people here interested in creating a savings for future children even though they may not have kids. I think creating a savings for yourself, as well as making one for a possible son/daughter would be a great idea. I see no downside to having a second savings in times of need or for an emergency situation.
full member
Activity: 154
Merit: 100
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Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
thats not true at all, in my opinion bitcoin right now has a lot of potential to grow for sure and it will reach the new heights
legendary
Activity: 1302
Merit: 1000
I not think that they will care much for it when they are old enough to use it.

When that time does arrive there will be something innovative and new for them to use to make their purchases and shop at the mall with. Wink
full member
Activity: 162
Merit: 100
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I'd also prefer to save the experience that I obtained with this cryptocurrency. Since it's a bit different than fiat, I'd like to help my grandchildren understand how to handle it well. Like providing guidance on how they could optimize their profit from it.
hero member
Activity: 1568
Merit: 502
Well its already predefined as bitcoin have great future  So everyone is thinking to for investment for future.
But suppose if price of bitcoin goes down dramatically what could happen in future ?
Its quite irrelevant but we must have to consider this fact with possibilities.
sr. member
Activity: 672
Merit: 250
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?

Recently i'm saving bitcoins for my own future as i'm still single and i would need some money in coming time, but if bitcoin could survive till that time or i could stay alive by the time i will have children then i would surely save some of them for my grand children or children.
legendary
Activity: 1232
Merit: 1029
Saving Bitcoins for child or grand child is great Idea. But we must have to make them educate before using this extrordinary asset. Definitely bitcoin have great future and feature, But as well bitcoin have that much tough security. So test or experiments are not allowed with bitcoin.

When next generation come, there will be more revolution in community globally..

i think if bitcoin survive then in future bitcoin will be booming, im sure our grand child know about bitcoin, and we don't need to introduce our grand child about bitcoin.
Yes, we will not be in need to explain about bitcoin to our grand children. But definitely they will as for how many bitcoins we will be saving for them like assets. We can not ignore them, bitcoin is cheaper compared to future prices. But, greedy will make any amount as a small one so I do not think we will be able to satisfy them with any amount of bitcoins.
hero member
Activity: 756
Merit: 502
Saving Bitcoins for child or grand child is great Idea. But we must have to make them educate before using this extrordinary asset. Definitely bitcoin have great future and feature, But as well bitcoin have that much tough security. So test or experiments are not allowed with bitcoin.

When next generation come, there will be more revolution in community globally..

i think if bitcoin survive then in future bitcoin will be booming, im sure our grand child know about bitcoin, and we don't need to introduce our grand child about bitcoin.
hero member
Activity: 3010
Merit: 524
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Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
it wouldnt be better for sure, bitcoins are a great investment and it would definitely have a possibility to make your children big money
big money, and like you're just saving a one BTC for your child and the possibilities your child will have a big money in the future?LOL tell me about the percentage of possibilities that is will happen? that's very useless because you're not know whether that is will happening or not.
Definitely right,once satoshi had been saying that bitcoin will be either  becoming a big currency or turn into a useless thing,whether it'll be what it's just matter about the time so definitely can't say bitcoin will be big in the future,but i still hope the best for bitcoin
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
it wouldnt be better for sure, bitcoins are a great investment and it would definitely have a possibility to make your children big money
big money, and like you're just saving a one BTC for your child and the possibilities your child will have a big money in the future?LOL tell me about the percentage of possibilities that is will happen? that's very useless because you're not know whether that is will happening or not.
hero member
Activity: 1568
Merit: 502
Saving Bitcoins for child or grand child is great Idea. But we must have to make them educate before using this extrordinary asset. Definitely bitcoin have great future and feature, But as well bitcoin have that much tough security. So test or experiments are not allowed with bitcoin.

When next generation come, there will be more revolution in community globally..
sr. member
Activity: 337
Merit: 250
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Cryptocurrency very unstable and if it is possible to collect in the future anything for kids, then suddenly you can lose everything. So if you happen to make using bitcoin, it is better to translate everything in real currency.

I absolutely agree with you. I think it would be better to change btc to real currency or gold, btc is too young and it is impossible to predict its future
it wouldnt be better for sure, bitcoins are a great investment and it would definitely have a possibility to make your children big money
hero member
Activity: 959
Merit: 500
If you want to give something to your grand children, buy some gold or maybe a house.
Gold has proven to be desired for thousands of years while the whole concept of crypto currency is not older than a decade.
Nobody can tell if bitcoin will be worth anything in twenty years.
we can't also say that gold still have the same value after that time, but crypto is continuing development and it is really easy to keep and save it for your grandchildren if you can afford to buy 1 btc today and save it to your safe storage and leave it we can't say how much would it be after 20 years or more, as we never think of the price of it today.

Gold will always be worth something. Of course it has its fluctuations, but I don't think it will be ever obsolete.
With crypto, well, who knows. It's just too new on the market to make predictions for the long future.
If you can really afford to buy a bitcoin for your children, why not. But if it would decimate your legacy on a larger scale, I would not do it.
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