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Topic: Saving Bitcoins for your Children. - page 109. (Read 24497 times)

hero member
Activity: 3010
Merit: 794
November 08, 2017, 01:33:59 PM
I was thinking about savings bitcoin for my future children but seems it will took 5 years before i have a children i want to enjoy my life and i want to use that in the future if im having a baby with my future wife. Of course i can use that money in the future but if im going to hold that for that long and have a doubt of bitcoin dying then i have a choice to use it while im waiting for my kid to have a full process of his brain before im going to teach him about bitcoin.
Goodluck buddy on finding your future wife so that you can able to make your own baby. Saving up bitcoin would really have somehow advantage because of its increasing prices.We cant be sure if it would still rise up on those future years but somehow a good idea to accumulate some of it intended for future purposes. We do really like to ensure the future of our upcoming siblings.
sr. member
Activity: 630
Merit: 250
November 08, 2017, 01:27:58 PM
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.
You are right, It's a very good idea to save bitcoin, because you will make a huge profit in the future if you save and collect now as you can of bitcoin. We all know that bitcoin price will be very high after few years, so this is a very great opportunaty to become rich in few years.
Yes nowadays education system becomes very expensive if we want to join our children in any big university we have to pay more money. so now only if we save bitcoins then it will help us in future.
legendary
Activity: 1036
Merit: 1002
November 08, 2017, 12:44:31 PM
I was thinking about savings bitcoin for my future children but seems it will took 5 years before i have a children i want to enjoy my life and i want to use that in the future if im having a baby with my future wife. Of course i can use that money in the future but if im going to hold that for that long and have a doubt of bitcoin dying then i have a choice to use it while im waiting for my kid to have a full process of his brain before im going to teach him about bitcoin.
sr. member
Activity: 434
Merit: 250
November 08, 2017, 12:38:40 PM
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.
You are right, It's a very good idea to save bitcoin, because you will make a huge profit in the future if you save and collect now as you can of bitcoin. We all know that bitcoin price will be very high after few years, so this is a very great opportunaty to become rich in few years.
member
Activity: 101
Merit: 10
November 08, 2017, 12:22:19 PM
the most optimal would not be to take several altcoins and store them? to make a small mixture of several projects with high potential.
full member
Activity: 366
Merit: 100
November 08, 2017, 12:22:11 PM
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.
full member
Activity: 1610
Merit: 102
November 08, 2017, 12:18:37 PM
Saving Bitcoins for your children is a really good idea for secure their future.Bitcoin is a well-established cryptocurrency and Bitcoins price is expanding gradually.Those people who saving bitcoins at the beginning, they became rich.If you want to save bitcoins for your children, it will better then any other deposit.So you can be saving bitcoins for your kids bright future.
sr. member
Activity: 586
Merit: 251
November 08, 2017, 11:25:43 AM
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.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
November 08, 2017, 11:17:53 AM
this would probably be a very good idea. because in this way, indirectly, we can store the bitcoin we have in the long run. in addition, you can also exchange the bitcoin you have at any time, but with the purpose for the child.
full member
Activity: 378
Merit: 100
November 08, 2017, 11:17:06 AM
You may save bitcoins for your children but don't forget to also save real money for their future.
I dont have yet children, so i am saving bitcoins right now for my family and for my dreams, i am student that dreaming to be rich enough using bitcoins, so my future and my family future is bright, i am working hard to earn money to help my parents for house expenses and i am saving bitcoins to build a small eatery for may mama.
sr. member
Activity: 677
Merit: 250
November 08, 2017, 11:09:40 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 Huh Huh
it's definitely save bitcoin for my child's future I keep some in bitcoin of course password and everything related to bitcoin I save in a very safe place some of it I exchange with savings in the form of official money in my country or I deposit money that is if in my opinion
member
Activity: 196
Merit: 10
November 08, 2017, 11:07:42 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.

How often can you access a security box at a bank? Is this a feasible option for someone who regularly adds BTC to their wallet? I'm new to investing and currently just on an exchange and looking into more secure options.
hero member
Activity: 1246
Merit: 588
November 08, 2017, 11:00:56 AM
I actually do have a friend right now who is currently doing this thing(he's been on the industry since 2012 and one of the believers. Currently  he has 2.7 bitcoin on a cold wallet. Which is also constantly growing. He also said that hwhen his son will be on the right age he will then start educate it
full member
Activity: 424
Merit: 108
November 08, 2017, 10:58:32 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.
Yes thats a good idea in using bitcoin. Saving for your futurre and for the sake of your family. Saving it on your children is a good way of using bitcoins. Youre earning here because you have a goal and purpose and that is to give a good future for your family.
newbie
Activity: 17
Merit: 0
November 08, 2017, 10:56:47 AM
Saving for your children in the form of bitcoin is nice and a good idea, but what if bitcoin loses its value?

I believe in bitcoin too, don't get me wrong, but there is always the chance of this happening. Best would be to spread the risks and get different coins and also some actual money and stocks.
newbie
Activity: 14
Merit: 0
November 08, 2017, 10:41:01 AM
I have two childrens,i want to make them rich.bitcoin is increasing very well and it is good asset.i want to buy the bitcoin to my kids future,and i will make my wallet highly secure.
full member
Activity: 185
Merit: 100
November 08, 2017, 10:38:27 AM
This is a very good idea for those who are intact in bitcoin until having a family. Saving bitcoins for children and also for their future needs. Giving them the right amount will help them to their needs.
member
Activity: 105
Merit: 12
November 08, 2017, 10:35:47 AM
It would be a nice idea to save bitcoins for your children.  I do believe it will still rise up high and when that time happen, withdraw some profit and store it in a secure bank.  Spreading it secure account and invest some of it again, so when the time the prices would go low you don't have to worry about it because you save some already.
full member
Activity: 316
Merit: 101
The Winner Stands Alone
November 08, 2017, 10:18:29 AM
I think it's good saving bitcoin for our next generations. As long as the rate still good until our last day. But if someday the value below our hope, maybe better to change it to other more valuable investments. CMIIW Smiley
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 08, 2017, 10:06:09 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 Huh Huh
It's a good idea, i will save some fraction of bitcoin every month and later i will give it to him, but i'll probably use some of that bitcoin to buy my childrean a house first as the price of real estate in this country increases so much every year.
well if I knew things like this will happen I rather save all the btc that ive got before and save it for my future family I once then being a easy go lucky
guy and I just spend my earnings to enjoy my life but seeing how bitcoin worth now I think I will take everything and I will save from now on.
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