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Topic: Saving Bitcoins for your Children. - page 125. (Read 24497 times)

sr. member
Activity: 524
Merit: 258
October 26, 2017, 09:45:51 AM
For me it is better to save bitcoins for your children. Because it is for them to have a for the future.
full member
Activity: 420
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Earn crypto for being contacted
October 26, 2017, 09:21:18 AM
I think it's a great idea, save bitcoin for children.
I am a person who is unmarried and has no children yet, but i think to save as much bitcoin as a savings when i get married and have children, And then i will not force my child to know about bitcoin,because they will find out for themselves when they are adults and of course i will give all the bitcoin for my child.
full member
Activity: 490
Merit: 107
October 26, 2017, 08:46:19 AM
This is a good idea. It is like the way you invest in a jewelry or in a gold. Every moment bitcoin's value is getting high how more the value of your bitcoin 15 to 20 years from now. Imagine if you save your bitcoin now and it have a greatest value when your child is already on college level you dont have a big financial problem to support their education and to give them a fruitfull lifestyle.
Yeah good parents should have a future plan to secure the future of their children in resent time they will buy a educational plan for their children in which the insurance provider will manage the fund that you contributed to insurance. when the time come your child is college the provider will give the money back for school payment, same also when  buy BTC for the future of your children I'm pretty sure when the time come your children are in college your BTC value will be more than you needed payment in school.
full member
Activity: 546
Merit: 100
October 26, 2017, 08:07:08 AM
This is a good idea. It is like the way you invest in a jewelry or in a gold. Every moment bitcoin's value is getting high how more the value of your bitcoin 15 to 20 years from now. Imagine if you save your bitcoin now and it have a greatest value when your child is already on college level you dont have a big financial problem to support their education and to give them a fruitfull lifestyle.
full member
Activity: 212
Merit: 100
October 26, 2017, 07:57:49 AM
keeping it until I can give to the next generation is a good idea, that we do not know where bitcoin will be in the next years and maybe bitcoin will be very valuable in very large numbers. all happening due to unhappiness.
hero member
Activity: 882
Merit: 500
October 26, 2017, 07:52:56 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
Here the question is like to have a Facebook account and after the death who will handle that account , so here it is a type of online data.
Here I myself never thought about it but still here in my opinion we can do it in better way , Because here we have the better option to have beige the death to convert bitcoin into fiat or anything like property that is better for the future .
Or I think  it will be more better to tell to the Children that we have these things for you and this is password and this is id and you will never get disappointment after my death and use it in better to grow your income .
So here only suggestion will.work fine  in this case because to give ownership to another perosna to give the children after death is a risky thing .
hero member
Activity: 980
Merit: 509
October 26, 2017, 07:44:16 AM
Yes I saving bitcoins for my children for their future and education. I really like saving in bitcoins, because more profit than gold.
I have another saving also like gold, deposits, but I see and compare bitcoins value always more profit than others saving.
member
Activity: 112
Merit: 10
October 26, 2017, 07:44:04 AM
To be honestly saying I didn't get chance to plan savings for my children, I really appreciate you that you have a saving plan for your children that also with Bitcoin is really great. You asked about the security and handling of bitcoin and the format of bitcoin in future how to handle it if any thing happened like forgetting the pass word and missing the written script. See my friend it is cryptocurrency and you have to be planned to safe guard your investment at least we should focus on how to secure it which is possible by anyone so it is not a big deal for you and you can take the help of your wife she can handle it. Nothing to worry about the future with bitcoin the decision you have take to plan the saving with bitcoin for your children is once again appreciated.
full member
Activity: 462
Merit: 100
October 26, 2017, 07:34:07 AM
If I had children, I'll be teaching them as early as now how to accwss my wallets and take good care of it. I'd tell my wife to make sure that the wallets are secure. The kids deserve to get the coins I get because it helps them to build their future from it.
hero member
Activity: 1246
Merit: 529
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October 26, 2017, 07:22:57 AM
sure i will do this if i have enough money it's a good investment
Thats good idea, you should save some bitcoin for your children, its better to prepare than never, atleast you have saving if when you need and case of emergency . And saving for the future is good, because not all the time we are in good health and have a financially stable. At least if that happen we are prepare

That probably would work though i'm not going to get my children involved in it yet. Same as when i'm going to save for their future in a bank. They'll know it when they get to the right age.
member
Activity: 84
Merit: 10
October 26, 2017, 06:58:41 AM
That's a very smart move! Aren't you afraid also? Isn't it a little bit risky too? You should keep on track the bitcoin prices everyday
hero member
Activity: 924
Merit: 500
October 26, 2017, 06:16:46 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

I am actually making the same imagination or you can say preparstion if I ever have kids is that at a young age I would try to introduce bitcoin to them. It is also inportant to note that with bitcoin it might be u stable but if it exceeds that threshold then imagine jow big that would be
sr. member
Activity: 812
Merit: 250
October 26, 2017, 06:13:51 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


Saving bitcoin for the future of your children is a good investment if you ask me. As long as your bitcoin is consider as a legal and valuable property in your country, there would be no problem passing it on your children when you die. Try to talk to your lawyers for disclose agreement of all the necessary information that is essential for the case.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
October 26, 2017, 05:33:26 AM
sure i will do this if i have enough money it's a good investment
Thats good idea, you should save some bitcoin for your children, its better to prepare than never, atleast you have saving if when you need and case of emergency . And saving for the future is good, because not all the time we are in good health and have a financially stable. At least if that happen we are prepare
hero member
Activity: 2814
Merit: 618
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October 26, 2017, 05:32:55 AM
Yeah, it is a good idea, if we save bitcoin for our children future wise, then of course after 10 or less than 5 years, if we permanently hold it then 1 bitcoin could give us 10% to 100% profit and it is a huge profit to make bright future for our kids. Actually we need money for our children for their education and married and if this problem will be solved behalf of bitcoin. Then it is the best benefit of bitcoin.
full member
Activity: 414
Merit: 100
October 26, 2017, 05:17:23 AM
everyo e should do think our children's.saving bitcoin for the next generation is a good idea.bitcoin investment can give will your son more money.although bitcoin isn't sty able but look 2009 bitcoin price and now..so anything will happen..so I think bitcoin saving for children's is a very good idea.
newbie
Activity: 15
Merit: 0
October 26, 2017, 05:05:11 AM
That is a smart idea i am also doing that because this way you can leave them a lot of money behind and they can use in the future when it maybe is worth a lot more they will be happy that you gave them this is a very good idea.
full member
Activity: 224
Merit: 101
HEXCASH - Decentralized Fund
October 26, 2017, 05:04:33 AM
According to Bitcoin's information that maximum cap of coins will not be reached until next century so Bitcoin's lifetime is longer than our lifetime so it is indeed wise if you're going to invest Bitcoin for your future and your children. Something that your children will be proud of because of what you did long time ago, and that is today. Today matters.
Bitcoin will continue to serve every economy in the world.
sr. member
Activity: 457
Merit: 262
October 26, 2017, 04:58:38 AM
I am not sure about it. My kids are too small and I don't know whether Bitcoin will retain its value when they grow up. So I have made up my mind to sell at least a part of my Bitcoin stash after 4-5 years (may be 50%). I will invest in real estate, bullion or equities using that money. And I will hold the remaining coins for the long term, irrespective of the future exchange rates.
Zrs
sr. member
Activity: 299
Merit: 250
October 26, 2017, 04:22:50 AM
its a good idea to save bitcoins for children.it will help the children when they need money. they can utilise the money in future when they need it.I would like to save bitcoin for my children to make their life secured and solvent.
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