Save you Bitcoin for your (grand) child / children? - page 6.

BartS

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Quote from: asdin66fa on January 10, 2017, 02:29:58 AM

Quote from: tyz on July 13, 2016, 04:24:23 PM

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 don't intend to make bitcoin to my children, they can get through their own means, for nothing is wrong.

We must save bitcoin for ourselves if our children and grandchildren end up getting a benefit great but we should do it for us and not someone else.

d-trixx

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Quote from: Willitivity on January 04, 2017, 07:12:43 PM

Maybe by then, another stronger crypto currency would have been out. Ain't planning on saving it for the next generation.

Cryptocurrency course has a great future, but what it is nobody can predict, and that heritage for future generations will be very good in terms of quality of the financial system. But if mery comes to their children at this time, it seems to me they do not understand and do not want to understand what it is. Because of their age is still small.

asdin66fa

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Quote from: tyz on July 13, 2016, 04:24:23 PM

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 don't intend to make bitcoin to my children, they can get through their own means, for nothing is wrong.

mikecgna

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It is better to show the children that this is bitcoin from a young age, even if it is at school, let practice and their capabilities can also make your bitcoin business. and leave the children still leave everything, because with them not take away.

Willitivity

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Maybe by then, another stronger crypto currency would have been out. Ain't planning on saving it for the next generation.

crwth

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I have a backup of my wallets, and I left a clue on how they could find the keys in it. If it happens that I die in an accident or something, they have to solve it to access it. It's just easy if they know me for who I am, if not then my coins are lost forever. I don't have many coins in my account, but in the future, I think I will.

oltobit

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My child or grandchild inheriting my Bitcoin? I guess someone or people have already done that. If some of my money is in Bitcoin by that time, sure, someone will get it. In some years to come, Bitcoin won't be a "big deal" like it's now. We will all be used to it - like Gold or Silver.

mkmdoc

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Quote from: Holly-Dolly on December 28, 2016, 04:56:44 PM

Quote from: ?? on ??

Quote from: Jessica136 on December 21, 2016, 10:22:59 AM

Quote from: tyz on July 13, 2016, 04:24:23 PM

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 wouldn't prefer to save money for my grand children. Personally, I don't believe in future. I do believe in present.

Agree with you on present, i try to live present life too. But i think he is right. If you have some part of BTC it wont hurt to leave some for future. It can go down and it can go up, its weary risky. But if risk is bigger the gain is too, so i would leave some part of BTC that i dont need atm for future.

The main thing that myself enough, and show the children how to earn money, then they themselves provide, and so on will be passed to grandchildren skills. And because of inheritances are always some problems. So it is better knowledge of their post and not in bitcoin wallets.

I agree with you we are living in competition world in order to make money we have to learn very fastly, and coming to my concern i won't save any money to my grand children because if i save them they will not learn any new things, they spend their rest life with the money i saved to them. Better i try to help them how to make bitcoin very fastly with my knowledge, in this way they will learn many new things like me.

Holly-Dolly

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Quote from: Jessica136 on December 21, 2016, 10:22:59 AM

Quote from: tyz on July 13, 2016, 04:24:23 PM

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 wouldn't prefer to save money for my grand children. Personally, I don't believe in future. I do believe in present.

Agree with you on present, i try to live present life too. But i think he is right. If you have some part of BTC it wont hurt to leave some for future. It can go down and it can go up, its weary risky. But if risk is bigger the gain is too, so i would leave some part of BTC that i dont need atm for future.

The main thing that myself enough, and show the children how to earn money, then they themselves provide, and so on will be passed to grandchildren skills. And because of inheritances are always some problems. So it is better knowledge of their post and not in bitcoin wallets.

salemon

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Quote from: serjent05 on December 28, 2016, 04:14:02 PM

Quote from: ananas99 on December 28, 2016, 02:54:01 PM

Quote from: BitcoinPicasso on December 28, 2016, 02:25:22 PM

I was hoping to use my bitcoin to startup a business. Not sure what I want to do with it just yet but I have a few ideas. If that pans out then there will be no bitcoin for my kids. Too bad they can work or takeover the family business if everything works out.

It really is better to take the money and invest in the family business, and his business has to transmit to children by inheritance. Rather than collect and store bitcoin, I hope for the good of their future.

I agree it is better to use it to generate more money for the family. Your plan is actually briliant and if it become successfull, you can buy bitcoin more than just waiting and sitting your bitcoin idle in your stash. There is no rule that you cannot buy bitcoin if you sold yours. There are plenty in the trading platform, willing to take our fiat money in exchange of their bitcoin. So I would sugget to go on if you are confident that your business will be successful then buy bitcoin out of that business profit to save for your kids.

If your business, and even bitcoin, then so it is possible and not only for children but also for the grandchildren to make good savings, the main thing that the business has been in demand.

serjent05

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Quote from: ananas99 on December 28, 2016, 02:54:01 PM

Quote from: BitcoinPicasso on December 28, 2016, 02:25:22 PM

I was hoping to use my bitcoin to startup a business. Not sure what I want to do with it just yet but I have a few ideas. If that pans out then there will be no bitcoin for my kids. Too bad they can work or takeover the family business if everything works out.

It really is better to take the money and invest in the family business, and his business has to transmit to children by inheritance. Rather than collect and store bitcoin, I hope for the good of their future.

I agree it is better to use it to generate more money for the family. Your plan is actually briliant and if it become successfull, you can buy bitcoin more than just waiting and sitting your bitcoin idle in your stash. There is no rule that you cannot buy bitcoin if you sold yours. There are plenty in the trading platform, willing to take our fiat money in exchange of their bitcoin. So I would sugget to go on if you are confident that your business will be successful then buy bitcoin out of that business profit to save for your kids.

phieiph

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Quote from: Lorik on December 28, 2016, 02:10:34 PM

Quote from: renfangfua on December 22, 2016, 07:13:44 AM

Maybe, but I hope they get bitcoin by themselves.

For greater stability of the lives of children and perhaps it would be necessary to save a bit bitcoin for their future, but if the social situation in the country and the financial condition of the family in a good standard, there is no cause for concern.

This happens only in science fiction films. Always and everywhere, in every country, it is necessary to do something to provide for themselves and children. Therefore, if you have the opportunity to work with bitcoin, then the children will need to teach and the case.

ananas99

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Quote from: BitcoinPicasso on December 28, 2016, 02:25:22 PM

I was hoping to use my bitcoin to startup a business. Not sure what I want to do with it just yet but I have a few ideas. If that pans out then there will be no bitcoin for my kids. Too bad they can work or takeover the family business if everything works out.

It really is better to take the money and invest in the family business, and his business has to transmit to children by inheritance. Rather than collect and store bitcoin, I hope for the good of their future.

BitcoinPicasso

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I was hoping to use my bitcoin to startup a business. Not sure what I want to do with it just yet but I have a few ideas. If that pans out then there will be no bitcoin for my kids. Too bad they can work or takeover the family business if everything works out.

Lorik

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Quote from: renfangfua on December 22, 2016, 07:13:44 AM

Maybe, but I hope they get bitcoin by themselves.

For greater stability of the lives of children and perhaps it would be necessary to save a bit bitcoin for their future, but if the social situation in the country and the financial condition of the family in a good standard, there is no cause for concern.

renfangfua

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Maybe, but I hope they get bitcoin by themselves.

Jessica136

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Quote from: tyz on July 13, 2016, 04:24:23 PM

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 wouldn't prefer to save money for my grand children. Personally, I don't believe in future. I do believe in present.

btcdiggingmaster

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Quote from: Gasturcas on December 11, 2016, 12:12:22 PM

The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Consequently, keeping your savings with Bitcoin is not recommended at this point. Bitcoin should be seen like a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin. If you receive payments with Bitcoin, many service providers can convert them to your local currency. But again since its volatile, its up to you to keep it for your children. No one knows maybe Bitcoin someday will grow its currency value.

Yes you are right, but any how some day bitcoin price will increase for sure. Right now many people are saving for their future needs to make their future bright full with bitcoin income. Today what we are saving is the best option because many experts are keep suggesting us bitcoin will have more users from different parts of the world, so bitcoin is going to be one of the future currency so it's better to save some for our grand children better they will eat the tiny eggs of bitcoin.

Bigdan

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It's a perfect idea as bitcoin will half in 20 years so by the time they'd be grown up , the investment would have yielded enough to take them to college with or without your presence. I bet that's a secured future investment.

friend666

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I have a daughter, I love her, I was born that day enough to buy a bit bitcoins, this is her new gift, I will keep waiting for her to grow up.

Topic: Save you Bitcoin for your (grand) child / children? - page 6. (Read 36315 times)