Saving Bitcoins for your Children. - page 123.

BitcoinCommodor

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Quote from: Malsetid on October 23, 2017, 10:47:09 PM

Quote from: gambitcoin53 on October 23, 2017, 07:54:38 PM

keeping a bitcoin for the kid's future, hmmm that's good, just make sure you have to be updated on the fluctuating rate, i mean every now and then, because as we all know, even a milli-second has a possible profit or maybe loss. i think you should invest it to trading or something that will make more profit out of your bitcoin. hope the exchange rate will always be in favor for investors.

It's actually a sensible plan considering that bitcoin may very well shoot up in the coming years. Though of course, your children's future is a very serious matter so better if you have other investments and savings as well. You can't just rely on bitcoin for something as important as that

Yes the future of your kids also dependent upon the capabilities of your kid for example they are studying with their keen interest then they will utilize your savings and will make it double or triple likewise if they are not capable they they will spoil your savings

etraderhart

newbie

Activity: 46

Merit: 0

I don't have kids, but I do know I'm saving my bitcoins for the future; whether mine or for my family.

AicecreaME

sr. member

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Quote from: Clover_Faith on October 27, 2017, 09:55:11 AM

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

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.

Dava.Dina

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Activity: 296

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I do not know how long the bitcoin will last, but I'm sure that bitcoin can make my son rich, and with that I now try to teach Bitcoin, because I believe Bitcoin is good if taught to my son...

kinzey

full member

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Blockchain with solar energy

Quote from: blockman on October 26, 2017, 11:01:36 AM

It's like inheritance for our children, nothing bad if we will help them to save for their future. But don't mention it to them that we've got something for them with bitcoins that's saved for them. We know that kids are quite naught and if they know that there is something for them, they'll totally be confident and will use that money for sure. Teach them while they are children that bitcoin will be the future of money and investments but as I said, don't let them know that you have saved bitcoins.

Yes it is good to expose the children to bitcoin as this can be the new norm in their generation and I also agree that we dont have to tell our kids that we save up for them, if and when we have the capacity to. As much as possible its good to train our kids the value of money, rather bitcoin in this case and we don't want them to feel privileged enough for them to not work hard in the future if they knew they have something which can provide really great value in the future.

monir34

member

Activity: 93

Merit: 10

It's great idea to saving Bitcoin for my children. Better then save from bank. There is not profit much if I save bank. But if I save Bitcoin now it will better for my children. I will start save now Bitcoin. It's really great idea. If I save a litle amount monthly it will become big after some years. I will suggest also every body . Start saving Bitcoin now.

Clover_Faith

full member

Activity: 237

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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

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.

vegethegreat

full member

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In bitcoin Bitcoin, its either you will earn or you will lose. If you are preparing for the future your children better look for other investment which is more safe, secure and has binding agreement.

kingntking

member

Activity: 98

Merit: 11

Quote from: Sendibere on October 24, 2017, 11:39:17 PM

Saving money is really worth the money. Because it is available to you when needed. If I'm you will save you bitcoins in a wallet that you hold your private key. Because this is the only key to unlocking it. Please print your private key details. In case your accident has been cleared, you have a copy of it.

Every person wants a secure and prosperous future for their kids and I think bit coin has the capability to secure their future so it is appreciable if a person saves some of bit coin for the sake of the future security of their kids.

Daniel91

legendary

Activity: 3374

Merit: 1824

I'm not sure it's good idea.
Everything changing very quickly on Internet.
It is impossible to predict how the situation with bitcoin will develop in the next 20, 30 or 40 years..
Some very rich people, like Bill Gates, didn't give money to their children but knowledge.
We can learn something from it.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Instead of saving bitcoins for our children, we should teach them how to save their own money and if they are willing to learn how to do or work in bitcoin then we should not hesitate them to learn it because that is the only way that i know how our children will realize the things in life that they cannot get it instantly because they need to work for it and put a lot of time and effort before they get it.

VeroBTC

member

Activity: 97

Merit: 10

i never thought about it.
i will save in money for my children than in coin. because i dont know bitcoin will survive or not (i wish always exist here)
but i will always use bitcoin and altcoin to earn my income. and teach my boy later on

kriticko29

full member

Activity: 336

Merit: 100

That is one smart thing to do mate. We don't know what the future holds for bitcoin but it is just to save some for future purposes. Make sure that someone on your family or the one you trust the most knew the details of your wallet so for bad time comes. They can still access your savings for them.

mel1978

full member

Activity: 518

Merit: 101

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

I started to save bitcoins for my children and what I did was I have made everything to be secure. I print white paper and secure the private key of my block chain wallet so that someday I can easily update and open it. I am telling my children also about what bitcoin is and how to earn on this so that they can manage to look for an easy thing to do that earn them.

taiwww

sr. member

Activity: 588

Merit: 257

Bitcoin itself is future currency and I think we can really make the future bright with it. Saving it for our children is like making them rich already as the price of bitcoin will rise to very very high in the near future. We can say that bitcoin is asset for store value in which we can put our real job money today and let it grow automatically with time to come.

The superior thing about the bitcoin is it’s always growing and will never stop due to its increasing popularity in the market. With that said I believe we can really secure their future. So let’s invest and grow them systematically.

jer

jr. member

Activity: 56

Merit: 10

I also consider bitcoin as a way to ensure my future and the future of my children. And while everything goes as planned - the price of bitcoin is growing, the prospects for its use in the world are also encouraging. I think we made the right choice by investing in bitcoin now.

katiecbell

hero member

Activity: 644

Merit: 500

Quote from: chathushka on October 23, 2017, 07:43:30 PM

We can give our physical property but what about virtual thing.will they be satisfied Cheesy

So you have to make hardware wallet like pendrive and give it to him Cool

It is very wise planning that each parent are thinking about their kids so keeping some bit coin for the sake of the future of your kids because with passage of time the expenses of your kids are increasing for example their education expenses as well as they need a wide house for the so I appreciate to keep some bit coin for their future.

procryptoguy

newbie

Activity: 18

Merit: 0

Quote from: Hazaki on October 26, 2017, 10:38:44 AM

Saving bitcoins to your decendence might be a very smart move if you are already providing enough money for yourself to have a decent life , but i don't think that the inflation problem will stay forever and it might be corrected rather sooner than later to ensure a stability among bitcoin users . So you should start executing your plan in order to get as much profit as possible .

I donot think this will happen ever ,cause the price are not stable for 9 years and it will not be in future.
So yeah if we keep saving a littile bitcoin for our next generation it will be great for them when they grow up.
and I really hope by that time bitcoin will be 50000usd.

ucok_aball

full member

Activity: 504

Merit: 107

👨‍👩‍👧‍&#

Quote from: nankers on October 26, 2017, 06:09:57 PM

I do this invesment now for the future and my family and my children to.cause so many people invest they money in bitcoin and they no poor because of it...

yes those who invest their funds to bitcoin and do not get poor because they know how to invest in the right bitcoin and can make them rich

owengtam09

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It is good that we are thinking tge future of our children. But I also think that our own savings is also enough for our child/children since I think that, that is also the same. Our money is also their money too, we save for them and we save for their future purposes. Savings bitcoins for our children will be a good way to earn since we all know that bitcoin is increasing its value.

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