Saving Bitcoins for your Children. - page 11.

laracastvue

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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

Saving cryptocurrency for your children is a very good decision because in this way you are going to secure their future. Most of the people today are planning to invest on bitcoins but they do not have enough money so try to save bitcoins as long as you can because the price will surely increase even more in the future.

arctic circle

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Saving bitcoins for our children is a good thing, this will make their future better, if bitcoin continues to survive and its price soars we have given a good inheritance, and will make our generation always remember us.

doblok

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this is a very interesting thing that I need to do and I have done it from an early age I keep some coin I aim for future savings and we can use as well as possible also my children will be able to use it as tuition fee and I will it from now on Wink

Traderbtcc

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★Bitvest.io★ Play Plinko or Invest!

Saving bitcoin for your children is one thing, teaching them how to access it is the hardest part. As we all know, Bitcoin isn't really grandma friendly. You'll need to know your way around or at the very least, be geeky. Savings are important, accessing them is another thing that should be taken into consideration.

rampage101

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I have young children and I want them to be successful in the future. And for that I have already put aside some of my bitcoins for them. I think it would be great support for them.

Udrujec

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It is a great idea. I don't have any kids yet, but I think it's worth leaving them a part of my bitcoin investment for their future.

Blue Bell

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Quote from: CryptosGeek on March 29, 2018, 04:24:36 AM

It is a great topic, as I think investing in Bitcoin would be beneficial. Apart from the financial gain, we could actually teach them (pass our wisdom) about financial market, the importance of thinking ahead for their own future.

Agreed it will help then to make bright future for them and it will make them independent financially, if they will know about the market and investment so in future they will be able to support their parents and they will get very good investment for their future,. Price use to increase and decrease but you will have to teach then that they should make patience, at dumping price, so yeah it is good to save bitcoin for them as when you will be no more they will not suffer any bad circumstances.

GelatikKembar

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The OGz Club

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

step wise, for the future of the child indeed I also have prepared it from bitcoin. but not with the inheritance of coins, I am more than happy to buy some of the land that later became an asset or made home by my child. while for the cost of my son's education is still from the money I get from bitcoin.

SHUNNO

newbie

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In my insist it is very fine for your child permit alone can make savings in your child's subsequent to innovative. However, generally older children tend to be similar to his own vibrancy and pick to con a role considering his connections. You can teach your child the estate slowly until one hours of daylight your child can use the bitcoin himself. Even more powerful than the subsidiary. Teach without having to force and upsetting play a portion times. As much as possible to tutor behind small in the respect of the game therefore that he could be more in agreement and not tone bored

melekseverce

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Activity: 140

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i am not just conserving bitcoin in my kids however i also saving some altcoin for them simply because you never know a number of altcoin will remain when my children grow up and have their own existence. i think it will be better if we can give something that might be useful to them and they can use the cash for better life. i believe its advisable if we put together from let's focus on our kids simply because no-one can forecast what will happen later on and i known as this like a avoidance for some thing poor that could be happen.

Lusya8461

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I like the theme-Save Bitcoin for your children.This is a very good investment in the future of children. Since bitcoin will grow and until children grow up, It will cost maybe even 500 000 thousand dollars, maybe less.But I'm leaning towards that amount.It can range up to 100,000 thousand dollars.

Crazygreek

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It's not relaible enough to save your money in bitcoins because you never know what will happen to crypto in few years. Better to choose something else at my opinion.

phelbaby

member

Activity: 434

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For sure like other investment it is good to save bitcoin for our child,we do not need to fear accept we don,t believe in what we are investing into,bitcoin will worth a million in time to come

Pakwan12

newbie

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Saving bitcoin for the future of my children is great idea.because bitcoin help me earn money for the future of my family and to my children.

jkinit2125

jr. member

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NTOK: Tokenize Your Talents

Savings for your future especially for our children (if we have some, and if we haven't yet, for our future children) is the best thing to do. This could use to emergencies, college funds, and other matters. But at some point, could it be bitcoin? Typically yes. But we should also consider its volatility. We all knew bitcoins price is still at this moment is very risky to invest because of its fluctuations in prices. Think about ifs. What if it will be overpopulated by an alternative coin and its price would decrease? What will happened? Better to invest if you are planning to save to those intangible assets like land or even cash put into banks.

futuret

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Quote from: xclusiveguy on March 29, 2018, 05:37:07 AM

It's a nice idea

Saving is a best idea without any doubt but then there comes the responsibility to keep that saved item in a best possible way and also that those who are beneficiary must take full advantage of it. The uncertainties are getting lesser day by day on the bitcoin future but still there exist some, so be prepared as well so that if at any point there comes a doubt in the market, you can shift the money to some other asset.

rudito

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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

Now is the right time to buy bitcoin, because the price is falling again. I bought a bit of bitcoin and held it for the next 10 years, because it coincided my son into college.

adekunleoyediran

newbie

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Its too good to save some bitcoins for the children,but in my opinion as it transfer to wallet

conected

hero member

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Quote from: pinoyden on March 29, 2018, 07:50:17 AM

Quote from: bajingluncat on March 29, 2018, 07:14:06 AM

if to keep or you intend to inherit in the form of btc intact I think you should consider carefully in terms of possible risks to catch the long term it will be bigger, we also have to consider that the age of our child is mature may be right to pass on btc at once we are gradually can start to teach btc business to our children but if our child is still small I think it is not right we do not know the future development btc whether it can balance the development of the times and technology or not, but if btc future become a legal transaction tool and recognized the world and there is a legal umbrella that can guarantee its safety I think we can pass on btc to our children and grandchild as a promising asset

based on the current stats of btc in the economy i think bitcoin is now 89% legal and as soon as we are getting on the future , some countries will be eventually follow it and revoked their decesions in regards to legalizing bitcoin and other cryprocurrencies. thats why inheriting your children is a good idea and probably they could be usefull as soon as they hit the right age in order to fully understand the use of it. much better if we can now teach our child as early as possibly so that they can exercise their mind at a young age.

- I really do not intend to teach my kids about bitcoin in the future because I know the trouble and the problem in bitcoin, know the impact of bitcoin on the career path, and that's not good for kids. Children should have a different life, they should have a job they always dreamed when they were young, it can be a doctor, a technician or a sports athlete, they need to follow what they like, so instead of saving bitcoin for them, I would probably convert the whole bitcoin into cash and build a future for them.

clairewarwick7866

newbie

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It is actually a very good idea invest bitcoin and saving bitcoin for your children in the future. Our children will have a financial freedom if they know how to manage trade a bitcoin

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