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Topic: Saving Bitcoins for your Children. - page 118. (Read 24498 times)

sr. member
Activity: 1071
Merit: 253
October 30, 2017, 09:06:11 AM
store bitcoin which I think is good for children's future, but if we teach minors it's not the time, if only to get to know her, I think it's okay, but if you keep bitcoin for our child's extraordinary future, hopefully with bitcoin We can make our child's future so bright, hopefully bitcoin will always exist and more and more people know it.
Well I think it’s a very good idea because a lot of people are using bitcoin for future purpose and I think for children future its best to save bitcoin for them because they can use this for their higher education or after education they can use to Start their own business and different things I think every must start to save bitcoin for their children.
sr. member
Activity: 700
Merit: 250
October 30, 2017, 08:53:22 AM
Good thing the only person who knows the access to my laptop is my daughter and I'm an old school kind of person so I usually scribble everything down. Although I am slowly trying to educate my daughter about bitcoin, she listens to me but I don't think it's sinking in just yet. But yes, I am saving some Bitcoins for her and for her college which is around 6 years from now. I just hope I have enough years to cover up for her college by that time or probably profit much by that time by just Bitcoin alone.
full member
Activity: 616
Merit: 100
October 30, 2017, 08:42:05 AM
yes its true that if you give your son a paper wallet its easy to use and easy to keep for them, but there are disadvantage of  paper wallet, you can get that paper wallet again if you lost them, you can't ask anyone about that paper wallet, its easy to steal because its made of paper
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
October 30, 2017, 08:22:57 AM
Saving bitcoin for your children it very good idea but you also need to keep safe wallet and high security. Because it question of your children future. Bitcoin is very good investment.
hero member
Activity: 729
Merit: 500
October 30, 2017, 08:16:33 AM
I had considered to make this, but since i havent a big ammount of bitcoin i had made anothers plans for the bitcoins, wich will for sure influence my childs, since im considering to use the coins to buy a new house, soo they will know i had invested and used those coins giving them a place to live for their life. But i still wonder if i should make a saving plan into bitcoin instead the applications the banks does offer, since bitcoin is making better results then any other investment.
newbie
Activity: 5
Merit: 0
October 30, 2017, 06:38:07 AM
It is very smart to do that this way they will have something for their future and they can appreciate that you saved a lot for them because even if you have 1 k bitcoin you actually saved 6k for them i think it is very smart and good and i will do it too.
full member
Activity: 364
Merit: 100
October 30, 2017, 06:37:29 AM
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 a good idea to do this because bitcoin really help us to secured our future especially for your children. So i think if you want to secure your future start saving now. And earn more bitcoin for more savings.
newbie
Activity: 82
Merit: 0
October 30, 2017, 06:34:45 AM
Friends, bitcoin is centralized. It doesn't need a paper printed contract or a contract signature. Bitcoin is calculated from the whole network. Before appearance. It has gone through the entire network of force verification, it will not be lost, will always exist in the network, the premise is that you want to keep your wallet password.
full member
Activity: 244
Merit: 100
October 30, 2017, 06:33:46 AM
Yes i have some like this plan.Now my investment amount 3BTC for minimum 10years but i am trying a lot more increasing my investment.BTC is a one kind of future asset i think because it is always raised.
full member
Activity: 378
Merit: 100
October 30, 2017, 06:25:12 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
Yes bitcoin can give us a money to use this in the future for now i'm still a single hehe i want to become rich someday before married in my girlfriend Smiley for now i'm always work hard to use this bitcoin  to help my parents someday.
full member
Activity: 434
Merit: 100
October 30, 2017, 06:17:23 AM
I need to save money because I like saving because I can't predict what would future bring. I don't mind if there is risk in bitcoin for as long as I secure the future of my children soon. In order for me to feel better saving is the best way to complete the sense of satisfaction in life. I am saving bitcoin for my 3 childrens.  His  important for me because they are my treasure same goes with bitcoin.

Well bitcoins really help a lot even saving bitcoins for your children has been created here in this thread. Imagine if you have a baby and you hold your coins till this baby reach 10 years old then probably the value of your coins is more than a million.
full member
Activity: 476
Merit: 100
October 30, 2017, 05:27:08 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 investment for your generation is a positive thinking. The issues you raised about having any other documentation as a proof apart from your Pass word, Public and Private  keys is also valid but remember that bitcoin is decentralized  and no one is in control  of bitcoin but the market forces and sentiments. this will definitely make it impossible for any other document to proof your ownership. You exchange your bitcoin to fiat money or stocks and safe them where proper documentation will be issued.
hero member
Activity: 1582
Merit: 520
October 30, 2017, 05:18:15 AM
I am saving bitcoin yes but it is not for my children for now because i dont have any children now also i m not married so i need to money for my future for to get familly because of i m saving bitcoin and it will bring to me best future  .
newbie
Activity: 5
Merit: 0
October 30, 2017, 05:14:05 AM
I think it is very smart to save some bitcoin for your children because they may invest in it in the future and make some more profit. or the bitcoin value will rise so high in the future that your children will become rich.
newbie
Activity: 8
Merit: 0
October 30, 2017, 05:14:02 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

yes, i  think that's a good idea to save for our kids for the future so that we dont have to worry for the future because we have a saving for them and they are secure to the future also. So that keep bitcoin now from the future of our children.
Agreed it's a great idea only if bitcoin continue to go up for the next years and is probably will happen since bitcoin's popularity hasn't reach everyone yet so once it hits then all the holders of it will probably became rich someday that is enough for your children and for a future business for you that is if bitcoin continues to go up.
I agree with you it is very smart to save for your children because they can make a lot out of it in their future and that is what they need to do everyday i hope i can give my children a good future from it.
sr. member
Activity: 336
Merit: 250
October 30, 2017, 05:09:07 AM
 I need to save money because I like saving because I can't predict what would future bring. I don't mind if there is risk in bitcoin for as long as I secure the future of my children soon. In order for me to feel better saving is the best way to complete the sense of satisfaction in life. I am saving bitcoin for my 3 childrens.  His  important for me because they are my treasure same goes with bitcoin.
newbie
Activity: 240
Merit: 0
October 30, 2017, 05:03:14 AM
Keeping other physical asset for your children is very easy but storing bitcoin for your children is very risky because the wallet may be hacked before your children grow to maturity so it needs a high level of security consciousness.
Agree in that mate. For now it is not safe to use the wallet as a storage for our children's savings. The probability of being hacked is high. Unless in the future there might be a high security in placed in all our wallets. Thus, the safest way to do for now is to open an account on the bank and the profits intended for your children will be transfered to the bank.
full member
Activity: 258
Merit: 101
October 29, 2017, 10:53:44 PM
I think this is true, all investments have a purpose, I agree if someone keep bitcoin for children, because bitcoin will advance and will be able to meet the future needs of the child. so am I, I will save bitcoin for my family
full member
Activity: 256
Merit: 100
October 29, 2017, 07:54:44 PM
I plan on handling our bitcoins for as long as possible for my children. My husband and I will have the private keys/seeds stored safely with instructions on claiming them inside a safe and give the combination to a lawyer who will execute a will when the time comes. But I will still save some money for them in a bank just in case.
newbie
Activity: 37
Merit: 0
October 29, 2017, 07:35:22 PM
I think it is a nice idea also have 2 small children but I think sooner or later bitcoin will be replaced at the latest when he is no longer minable
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