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Topic: Saving Bitcoins for your Children. - page 111. (Read 24498 times)

hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
November 05, 2017, 03:29:58 PM
I would rather keep cash for my children rather than Bitcoins. Because, who knows? Maybe my child wont be interested in Bitcoin and then I would waste my time hoarding Bitcoins he/she wont use and because I was saving Bitcoins I would not have any cash. You have to first get your child interested and make sure it will use it so it wont 'spoil'.
full member
Activity: 350
Merit: 101
Your professional profile on the blockchain
November 05, 2017, 03:17:27 PM
It`s rather good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education  Smiley
member
Activity: 490
Merit: 12
November 05, 2017, 02:53:43 PM
I think this is a well thought idea to invest in bitcoin for our children, that is my major plan towards achieving financial independent in the future, the price of bitcoin is increasing daily buying and holding it  will serve as fixed asset for my children.
sr. member
Activity: 590
Merit: 258
November 05, 2017, 02:38:59 PM
its good to save your bitcoin for your children in the future because bitcoin will increase the value after a few year so you will increase you money to for you childrens
member
Activity: 103
Merit: 14
November 05, 2017, 02:37:28 PM
That is quite a brilliant idea there sir.
newbie
Activity: 3
Merit: 0
November 05, 2017, 02:36:28 PM
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.
sr. member
Activity: 602
Merit: 250
November 05, 2017, 11:18:42 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
Bitcoin will be a good savings in the future. No one can be sure how much it will cost tomorrow. I trust this money, so I will save some for the future and wait for it to rise even higher.
member
Activity: 210
Merit: 12
November 05, 2017, 10:52:13 AM
I was wondering that should I mine and save or buy and save for the next generation.
sr. member
Activity: 630
Merit: 256
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November 05, 2017, 10:45:06 AM
Like other modes of investments like Gold, Silver, Land, Shares bitcoin is also a good tool of investment. But it is not worth to invest all your money only in bitcoins. Due to its decentralised nature and limited supply, bitcoin is quiet volatile in nature. So no guarantee that the value of bitcoin will be attractive at the time of maturity. We have additional responsibility of keeping safe the private key.    
copper member
Activity: 700
Merit: 120
Gamdom
November 05, 2017, 09:52:55 AM
It's a matter of sorrow that i don't have any btc.As soon as i get some i will save them for my children and also i will invest some for my children
newbie
Activity: 28
Merit: 0
November 05, 2017, 09:51:06 AM
Definitely Im doing this for my future children because I believe that it will help in time of need.
sr. member
Activity: 868
Merit: 257
November 05, 2017, 09:47:09 AM
That's good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.
Actually, it is really good for us and in our children because it will help us to give them a bright and better future. In addition to that, if you want to give them a bright future you must save more bitcoin and money and you must keep it in a safe place where your'e the only one who knows it.
full member
Activity: 126
Merit: 100
November 05, 2017, 09:44:59 AM
In my  point of view , saving bitcoin is the most use full for your children but they must know the importance of wallet and value of bitcoin so it may help full for the future of your child.
newbie
Activity: 1
Merit: 0
November 05, 2017, 09:43:24 AM
yes it is a good idea to save some of  bitcoins for children.
4U
member
Activity: 195
Merit: 10
November 05, 2017, 09:29:02 AM
I think it is brilliant idea. If not for children (those who dont have children) then for future or it could be like pension for old days. Buy today for 7K for 10 years it maybe worth 100.000 :-)
Yes indeed there is no doubt that bitcoin is very good to keep it save for children’s bitcoin is the only currency which give opportunity for saving and investment as well so everyone know that in coming time education will be also so expansive so bitcoin can help you at that time regarding your children higher education so it’s a good idea.
full member
Activity: 336
Merit: 100
November 05, 2017, 09:25:18 AM
smart ideas, because this can be made inheritance for our children and grandchildren later. why not, we know bitcoin the longer the higher the selling price so not in doubt if the future will cost much more and higher than now.so try to work the more active for the future of our children and grandchildren, because maybe in the future that will come our bitcoin legacy can make our children and grandchildren successful.
full member
Activity: 336
Merit: 100
November 05, 2017, 09:22:15 AM
When you have some leisure money, you can give your child a bitcoin investment plan, because you really don't know what it's going to be like in the future.
newbie
Activity: 10
Merit: 0
November 05, 2017, 09:09:51 AM
I already did it, I currently have 3 bitcoin each for my 4 kids and still aiming to save more for their future.
full member
Activity: 364
Merit: 100
November 05, 2017, 07:45:55 AM
One of the reasons why I invest in bitcoin is to ensure the future for myself and my family, children. Bitcoin-contribution is constantly growing, and by the time I have children, I will have a decent capital on my account, which will greatly help them in training.
full member
Activity: 318
Merit: 100
November 05, 2017, 07:01:05 AM
I think you need to teach your child how to use the wallet as well as a lot of things about this digital money market. If it does not know, this property block will never be detected if you leave only the file and key. In addition, the idea of investing and for the next generations is very reasonable. By that time, I think digital money has been used extensively and globally
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