Saving Bitcoins for your Children. - page 101.

katarin2030

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Quote from: JoseClimaco on October 17, 2017, 08:35:57 AM

I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.

Saving bitcoin for children is a good idea, bitcoin is like a treasure, in the coming years the price of bitcoin may jump so at that time our children's can use those bitcoins.

deean_3one

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Saving bitcoin for children is a very good idea. Income bitcoin can guarantee your child's future. But it would be better if you do not just rely on bitcoin because the value is not stable. In addition to bitcoin, you can invest in gold, real estate, or other objects that have good and stable prices.

NightCloudz07

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Quote from: enterprevic on October 17, 2017, 08:29:52 AM

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh

i will save a money from bitcoin for the future of my children to supporting thier schooling and to buy thier goods everyday and for the fair for going to thier school

darkywis

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BIG AIRDROP: t.me/otppaychat

I like that idea, saving bitcoin for your family for their future will be a great help for them. Grin

hachiman13

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The idea is good but quite risky at the same time. Majority of people always say, "bitcoin's price has no place to go but up" but the reality is that there's still a chance that some unprecedented event might unfold that makes the price of bitcoin slump before the funds could be used by your children. IMO, its much better to loan that money into a bank with a reasonable APR; its much safe and secure.

gutshot5820

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Isn't there an ico already aiming to do this? Can someone link me?

cellat87

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I don't think the bitcoin price still high that much after 20 or 25 years later. To me, the first thing is to having a small amount of bitcoin to use it on other purposes like start a business or just to travel. We can't predict the bitcoin price in the future because who knows what happen whether it is bad or not. So earn bitcoin, open your own business for your children is the way i'm gonna do in the future

uzumaki

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Quote from: enterprevic on October 17, 2017, 08:29:52 AM

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh

I am not married yet, have a child may still be long but this is even a good thing because I can prepare early for my son's future. I hope that the value of btc continues to increase in the future.password wallet is very important so I will make a wallet for my child ,for my child's future savings and I will give when he has started to understand.

Bambinoe

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Saving Bitcoins for my children is worth the investment. Its something my children will live to appreciate me for.

nazimmamun

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as you like accet others asset you will save bitcoin for your chidren.

Predator25

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Quote from: paolo099 on October 17, 2017, 08:47:38 AM

that's a nice and smart move from you, props to you.
Saving something every months (fiat, btc) for our childrens it's the best way to give them something to start with, you never know what's the future holds and if now we are able to save something that's something that everyone should do, think about our childrens!

I would buy an hardware wallet in a security box in a bank (or hidden somewhere safe aka fireproof, waterproof, dustproof, etc.etc.) with the instructions and give all the details to another trusted person, that's it.

It is really a good plan for your children to save money for their future. Youre a excellent parent if you will do that fo your childrens sake. I commend those kind of parents.

acmagbanua21

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bitcoins to real money and deposit part of it on that bank account. You can deposit all of it too. It depends on you. The important thing here is to secure your wallet that holds your bitcoins.

cyriljundos

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Bitfresh - iGaming with 90s UI

They have to daily Sun pallbearers and then my expenses at school so even if I do not randomly touch literature because for my children

andron8383

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Quote from: Nanda Dewi277 on November 15, 2017, 05:17:42 AM

I've always kept my Bitcoin out for my son's future. I saved so that my children can go to school as high and I hope with Bitcoin my son needs fulfilling.

Agree that this is best long term investment out there no tax no cost to upkeep and more it works that have good chance for nice returns.
Periods like 18years are really big and BTC can make nice moves then while gold / silver can stay where they are.

Nanda Dewi277

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I've always kept my Bitcoin out for my son's future. I saved so that my children can go to school as high and I hope with Bitcoin my son needs fulfilling.

andron8383

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Quote from: pat4cryptoreal on October 17, 2017, 08:58:24 AM

Keeping other physical asset for your children is very easy but storing bitcoin for your children is very risky because the wallet may be hacked before your children grow to maturity so it needs a high level of security consciousness.

I agree seciurity is great concern here how to seciure BTC. Also it needs good place to noone can easy access and copy seed.
House cleaner can be a problem.

Flowzer

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I really like your thoughts. because you think for the future of your child and your family. bitcoin is a very profitable unvestasi model for you. if you buy today and keep it for a very long time. maybe later you will get a big profit that you can give to your child. you will make her happy to earn money from the hash of storing bitcoin. when compared with saving fiat money may be the value of fiat money will go down from time to time. so in the future .. probably will not get a profit because of the decline in the value of the currency.

Best Dreams

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Quote from: learner82 on November 12, 2017, 06:52:52 AM

this can be a very good idea. The way the value of bitcoins are increasing day by day it can prove a good idea in the long run. If we buy bitcoins now for saving it can increase in its value and we can save a good sum for future.

It’s a very good idea that bitcoin is going to help in future of students and I think we must keep save bitcoin for them because in coming time education is also going very expansive so I think bitcoin can help them in their future so I’m sure that there will some parents that they will going to keep save bitcoin for their childrens.

bitcoinisbest

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Quote from: Jjason on November 15, 2017, 04:48:56 AM

been doing similar things to what others have been, saving a small amount like 0.01btc for my teen son every month, started a year ago and hopefully he learns the value of investing in the future, itl be a good starting step for him, giving him that jump in capital considering how much bitcoin is growing each year.

It is good that some investment is being done on regular basis. Also invest only that much which wont effect you if the prices drop suddenly too much. Else it would become more difficult for yourself if the value drops and you cannot sustain with too much if investment done in the single coin itself.

RahulRana

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This Bitcoins is good and batter for me and my family , my children's. Because Bitcoin is a digital currency. this currency is nothing Lost. So the batter think, when I saving any investment in bank's, financer for my children's. Than after some years I found axtra. So , same thing Bitcoin is saving for my children's.

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