Author

Topic: Saving Bitcoins for your Children. - page 110. (Read 24497 times)

full member
Activity: 448
Merit: 100
November 08, 2017, 09:49:54 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.
member
Activity: 191
Merit: 10
November 07, 2017, 12:47:53 PM
It can be a very good idea to saving bitcoin for children. But sometime it is risky because if the wallet is not kept in safe place if could have stolen. But if u hold it in a safe place it will be a great for your children. But u have to more carefully.
full member
Activity: 490
Merit: 100
November 07, 2017, 05:19:31 AM
I think it's a good idea, saving some bitcoins for the child's future.
I also want to be like that in the future. When children want school or other purposes just use bitcoin.
full member
Activity: 378
Merit: 100
November 07, 2017, 12:18:23 AM
Yes we always think good for the future of our children.and saving bitcoin is the best thing we can do Kiss
member
Activity: 94
Merit: 10
November 06, 2017, 11:57:29 PM
I would probably save at least 1-2 bitcoin for my children each, put it in a hard wallet and put it in a safety deposit box.
They can access to it for 10-20 years hoping that bitcoin still exists.  Grin
newbie
Activity: 6
Merit: 0
November 06, 2017, 11:47:13 PM
It depends how old you are. Probably if you will safe 1 bitcoin for your children and let us think that its gonna be in 10 years, probably it will get you lots of money.
newbie
Activity: 2
Merit: 0
November 06, 2017, 11:44:33 PM
While you said that there are different types of investment that you can do for your children and there will be strong legal evidence to prove it and nobody can grab what fit in with you as lawful record.I feel it as being a good idea to make expense for kids in btc but kids these day are internet savy i really hope they'll discover it fast and if you child is too small to understand about btc its better you save the documents as document wallet and keep it secure in a bank locker or some secure lockers in your house however, you write down a will record declaring your possession and hands it to a person trust worthy if some thing happen to you all of your cash goes to your child and save them in paper wallet when its time your child will comprehend the value of btc and will have a safe education and future.
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
November 06, 2017, 09:24:00 PM
I save some small amount of BTC in a wallet. I know that in future bitcoin will be the strongest currency in the world.It's price will be the sky high. And I want that my children do something with this bitcoin. They can do any business or they can help the poor people in our socity. Thank you Cool
full member
Activity: 358
Merit: 100
November 06, 2017, 09:22:13 PM
i will invest in property or gold than in bitcoin. because i dont know when bitcoin still exist.
in property or gold, every year the value will increase. and they have form.
in our country bitcoin not accepted and i dont it can be invest for long time or not. except the government give clarity of bitcoin
sr. member
Activity: 812
Merit: 251
November 06, 2017, 12:04:06 AM
I think investing in bitcoin as a stock for children is very wise idea. Because, investment we do goes without any party intervention and privacy is very awake. And bitcoin values continue to increase over time.

Yes, you secure their future with it because the kids are our future and so having their backs  for tomorrow through investments like bitcoin is a laudable idea that will inure to the benefit of yourself , family and kids.
sr. member
Activity: 1316
Merit: 422
November 05, 2017, 11:44:28 PM
I think investing in bitcoin as a stock for children is very wise idea. Because, investment we do goes without any party intervention and privacy is very awake. And bitcoin values continue to increase over time.
member
Activity: 210
Merit: 10
The P2P Marketplace For Digital Content
November 05, 2017, 11:34:14 PM
It will be a good idea to help our children life in the future, we can save a little bitcoin to help our kids when they need help in the future. But we should carefully consider bitcoin may not survive for long in the future so we should exchange bitcoin into fiat money.
sr. member
Activity: 582
Merit: 250
An Impressive Purely Anonymous Currency.
November 05, 2017, 11:28:13 PM
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.

I am also setting aside an emergency Bitcoin fund that will most likely go to my future kids.  I don't have any at the moment but hopefully that will change soon.

Bitcoin is an excellent investment and I am sure the price will sky rocket in the coming years.  Smiley
copper member
Activity: 840
Merit: 114
November 05, 2017, 11:13:57 PM
ideas to save our children's children for bitcoin later it is very nice but we can't keep it too long but we can only hold in some period of time to ourselves. If we want to save something for our children that is money we are releasing bitcoin and store it in the form of money in the bank it will be better. or you can follow the investment results can be enjoyed by you in the future at a later date.
 
newbie
Activity: 40
Merit: 0
November 05, 2017, 05:05:09 PM
I think there is nothing wrong with that. In fact, I think, every savings whether in fiat cash or crypto currency like BTC  is a good decision. I'm also planning that in near future for my daughter. It's better if you will save in different crypto currency, not just BTC, to maximize your savings potential. Also, don't save  your all your money in BTC, always set aside for fiat cash in banks.
full member
Activity: 154
Merit: 100
November 05, 2017, 04:44:52 PM
I will definitely be saving some. I heard that Hal Finney put his private keys in a safety deposit box.
hero member
Activity: 2996
Merit: 609
November 05, 2017, 04:33:32 PM
Personally I like this kind of thinking about saving money for a long term investment. It is really a good idea to have the cryptocurrencies mentality and why not to inhert it to whom comes next. But are you sure that Bitcoin (or any other crypto) will lasts until your children are born. The studies shows that crypto in general will disappear in few years (they do not know when exactly) but why not start saving for a long term but if it is down you should know when to sell.

Same here, i'm saving for myself and family and not just the kids. Bitcoin us huge and getting bigger by the day and so i think its just make sense to try and save as much as you can in order to stand a chance  for a better future with it.
This is why we are on this forum because we do really wish to get some huge decent profits or money on bitcoin or even on altcoins which we can pass on our family or loved ones once we passed on this world.It is really worth to save up either bitcoin or some altcoins but yet its not really guarantee that it would last but somehow we can able to see the possibilities.
sr. member
Activity: 686
Merit: 253
November 05, 2017, 04:20:26 PM
Personally I like this kind of thinking about saving money for a long term investment. It is really a good idea to have the cryptocurrencies mentality and why not to inhert it to whom comes next. But are you sure that Bitcoin (or any other crypto) will lasts until your children are born. The studies shows that crypto in general will disappear in few years (they do not know when exactly) but why not start saving for a long term but if it is down you should know when to sell.

Same here, i'm saving for myself and family and not just the kids. Bitcoin us huge and getting bigger by the day and so i think its just make sense to try and save as much as you can in order to stand a chance  for a better future with it.
full member
Activity: 210
Merit: 100
November 05, 2017, 03:37:26 PM
Personally I like this kind of thinking about saving money for a long term investment. It is really a good idea to have the cryptocurrencies mentality and why not to inhert it to whom comes next. But are you sure that Bitcoin (or any other crypto) will lasts until your children are born. The studies shows that crypto in general will disappear in few years (they do not know when exactly) but why not start saving for a long term but if it is down you should know when to sell.
member
Activity: 167
Merit: 10
November 05, 2017, 03:32:36 PM
I think we are doing these days the hard work of being the pioneers in this emerging world of crypto coins. It is always important to leave a heritage for our children, but I think we should not wait too long to share with our children and our loved ones the economic benefits of our efforts in this market. You have to save some bitcoins for thier inheritance, but you also have to invest today in thier education and well-being.
Jump to: