Topic: Saving Bitcoins for your Children. - page 108. (Read 24497 times)
Steam taking btc is a fairly step and did not modify the discussion board market so much but it did affect the bitcoin community a little bit.I think this move managed to get so that more people are using/know of bitcoin now. If amazon . com would do that as well it might assist a lot.
This is really a good idea for all of us here in this community. We all know that bitcoin will boom in the nearest future we will take. So the thing we should do now is to save money for the next generations. And by the year it will boom, they will have many money.
the future of the child is so important that his future is good and his needs met, bitcoin can help him but not guarantee the future. I think because we do not know what will happen later and we can not predict it, bitcoin bitcoin always increase and rise but what always is that, it's good some bitcoin we sell at the right time and the money in the tube for the future of the child, all to keep it in vain .. 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.
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.
In saving your bitcoin for your children is a good way to have them a better future. 'Cause we know that bitcoin have a many thing or ways to earn money in easy ways. Like investing, trading, payment, or other thing that you can do with bitcoin. So if you have now a bitcoin, seek information on how your bitcoin increase. Make sure that if you use your bitcoin, it will increase not decrease and also it will not gone. Because everybody want bitcoin, because bitcoin can be the way to have a good life and your dream come true.
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.
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.
In saving bitcoin for your children is very intelligent thing that you can do for your children. And it will become very very useful because the bitcoin price is increasing and if you now save bitcoin sooner or later it will become so very very big amount. And if your children can understand a business, I suggest to you to tell them about bitcoin. So that if the time will come, they will know how to handle money in a good and easy way.
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.
It's really a very brilliant plan, maybe I'll try it later Because bitcoin is a very valuable asset.
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.
[/quote]
you can store it in any hard drive or usb with passwords protected, or you can save it to a specific cloud drive that have a password to another hard drive where it is written, sort of a treasure hunting for your kid, that would be fun, a storage that leads to another storage, maybe 3 storage is enough for your kid to explore.
[/quote]
you can store it in any hard drive or usb with passwords protected, or you can save it to a specific cloud drive that have a password to another hard drive where it is written, sort of a treasure hunting for your kid, that would be fun, a storage that leads to another storage, maybe 3 storage is enough for your kid to explore.
This is really a good idea for all of us here in this community. We all know that bitcoin will boom in the nearest future we will take. So the thing we should do now is to save money for the next generations. And by the year it will boom, they will have many money.
In this bitcoin society, the good idea that was really take go run for the next generation is to save money just for the kids,for the best future they need too,.It wil take good care for the best reason.Bitcoin for me is a good investment that really encouraging me to join..that's because of the true value of profit to have.
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.
Its good to know that many people thinking of their children. Its good planning.
I also try to start this for my children. I prefer to save in private email that i dont ever use the email yo do something and only for saving very important note.
I really appreciate you for the planning of saving for your children future that also in bitcoin is great idea. If you look into the track record of the bitcoin for minimum three year the rate will prove you that how much profitable return bitcoin has generated so there is prediction that bitcoin is going to touch big heights. So un doubtfully and with full of confidence you can invest in bitcoin for your children future.
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.
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.
Bitcoin investment is rather different from typical investments that involve proper documentation and contracts. In Bitcoin, all you have to do is keep those keys and passwords and seeds in a very safe place and then that would be all. If you forgot them, you will have to say your final good bye to them. I would advice that you save several copies in different locations and then teach your children how important they are. They must also contain specific instructions on how to claim.
That is a wise idea i'm also doing that because this method for you to leave them lots of money at the rear of and they may use later on if this maybe is worth a lot more they'll be pleased that you offered them this really is makes sense.
It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
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.
This is actually a great idea. When I start earning enough Bitcoins, I would probably put a portion of it in another wallet for the future or for my kids, just like how you did. With regards to the access to the wallet, maybe I'll have a family member or a lawyer to keep a hold of it until my child is right of age. Maybe there would come a time that wallets for family are made where you get connected to each other so you could easily wire in the Bitcoins to each of their respective accounts, who knows.
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.
That is a difficult question and something that will need to be solved somehow, since in bitcoin no one can know your private key or you run the risk of that person stealing your bitcoin but if you do not reveal that information to anyone then that bitcoin is going to be lost and your kids are not going to be able to get that bitcoin, a possibility is that you withdraw your bitcoin before that and that you convert it in tangible assets. 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.
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.
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.
Nice question, it's all about how creative we are.
Let us give you a practical scenario, you are a Millioniare and you got 35 industries in your name u get daily 10 crores profit, now do u carry all cash with u daily? Answer will be No, you deposit cash in bank and just hold a passbook/check book. Also u just hold a chip/pendrive and a laptop instead of carrying all documents.
In the same way we shall hold a mobile with gmail account and clearly mention all our credit I'd and password details in it and we should pass this info to our parents, which means they should have an idea about our saving details.
This is in opinion an excellent idea, buy some Bitcoin and even other Alts you believe have a bright future place them in cold storage and leave them safely in a deposit box in one of those central entities haha at least they'll be good for something in the future safely storing yout hard cold storage. I'd say it'd be wise to keep a close eye and see if any of the projects that are related to the the "portfolio2 you're leaving might loose it's value.
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.
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.
Then maybe we can create a new wallet for our child(ren) and fund it from time to time. It will be like opening a trust fund in a bank for them. And then when they grew up maybe we can open the door of cryptocurrency for them by teaching them some basics that might interest them. But actually, if you have btc and you are a family person then it's safe to assume that your husband/wife should know your keys and other informations about your btc holdings. With that, they can have access to your btc if something unexpected came.
This is really a good idea. I think the suitable time for saving Bitcoin is about 5 years. If you save longer, it is risky.
Lot users who have known about the growth it has experienced as well the users who trust in its growth potential without thinking of anything just focus on saving bitcoin for their children. There are many users who have been educating the students with cryptocurrency. The change begins there from the school.
I think it is a good to save our bitcoin for the children but we should not keep these bitcoin for a long time and these are the volatile currencies may be keep crypto money in only one currency that is bitcoin and after some years the value become less as compared to now then instead of profit we will suffer huge losses.
I am currently a college student, so I will not save any money right now. But I have some plans for that. When I will start my career, I will deposit some amount of my income in a paper wallet and after like 10 years I will put all the money into a bank and I will pay the interest on that money to my son as a pocket money so they don't have to worry about something. And in addition to that I can save some amount of money for my son without worrying about their pocket money.
Jump to: