Topic: Saving Bitcoins for your Children. - page 128. (Read 24498 times)
As for my experience Crypto-currency is a high risk, high profit business in a way. Anyway when considering the price change throughout 2017, anyone can catch a huge variance. As per my research fuel of crypto-currency is nothing but psychology of mankind. We all know how unstable is the human psychology. So think again can you allow to depend your children's future in such a risk.
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.
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.
Indeed, bitcoin is just like an asset in which we can give this to our children when the time comes for us to depart them but unfortunately we will just need to save the username and passwords to them in a safe place. Well i suggest that your wife must oriented about bitcoin and how to use the wallets so that in case you depart them still there is someone who can open it for them. Aside from this is still writing down details and put it in the bank saferty deposits in which only them can open it with an agreement that only the time you will depart them that they can open it.
I'm saving my half of my bitcoin everymonth for my childrens . because 10 years from now they will be attending colleges and I want them to go to college so investing in btc is one of my options since the prediction for the price 5 years from now could reach as much as $25000. that's a huge value so I already told them about btc and how it works.
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.
actually if for the future plan bitcoin can be a tool for good investment, but because bitcoin is in the virtual world and need a key that only we know the key then bitcoin investment should be varied with cash or bank investment so more secure and will not lose investment 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.
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.
I made a paper wallet for my daughter. I have save bitcoin for her future. If I have money for saving I will buy bitcoins and I will save it. Other thing I joined signature campaign here and social media campaign in order to earn and can save bitcoins too.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.
Yes, you can use cold storage to save Bitcoin for your children. For me, I will spend half my bitcoin for my children.
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.
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.
Saving your bitcoins to your children is definitely a good idea but nothing different from other types of investments as well. But the good thing is that, they would know the existence of bitcoins through your gift from them in the future, and they have the decision whether to cash-out everything or continue the investment. Our technology will inevitable advance in the future so I think that digital payment will reign and take over the fiat system. By providing them a head-start, this would significantly help them in terms of adapting to the payment and transactions.
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.
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.
I don't have any children therefore I am not saving bitcoins for them for now. I am doing it for only myself. If I have children in the future, I will write a testament for them and give them all of my wallet passwords and keys in this paper. Obviously it will be need that I have to explain them what is bitcoin and how to get money with it. But I believe that my children will know bitcoin before I die
Bitcoin is becoming a trend now and if the popularity continues it is not impossible then that before your children will be born, bitcoin is already acknowledge therefore your children will know bitcoin before you die. As of now, many people have been attracted to bitcoin because of its big price hike and if bitcoin continue making nose. The future will be full of bitcoin or crypto currencies.
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.
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.
I don't have any children therefore I am not saving bitcoins for them for now. I am doing it for only myself. If I have children in the future, I will write a testament for them and give them all of my wallet passwords and keys in this paper. Obviously it will be need that I have to explain them what is bitcoin and how to get money with it. But I believe that my children will know bitcoin before I die
a very good idea for kids and also we can give science about bitcoin to learn to make money from early but it is not as easy as we imagine, essentially save your bitcoin for your much better future and never regret what it has already made it a very valuable lesson so we can think that bitcoin really does provide a very good excitement!!
I just bought 2 ledgers for my children and once per month i deposit there small amount so i hope it was good decision
Good move. Hardware wallets are the safest way to secure our crypto coins. It is easy to pass these wallets to our children and the learning curve to operating them is minimal. Personally, I own a single ledger which I plan on passing to my kid.It's very good idea. This will be a kind of protection for your loved ones. At some unhappy expense our children can take over the business. Our hard work will not be wasted by this. Surely this idea is because the idea is interesting.
I just bought 2 ledgers for my children and once per month i deposit there small amount so i hope it was good decision
Good move. Hardware wallets are the safest way to secure our crypto coins. It is easy to pass these wallets to our children and the learning curve to operating them is minimal. Personally, I own a single ledger which I plan on passing to my kid.
I think its a good idea to do this. Have it in a wallet or on usb and save it until a certain time for them. Who knows what it will be then.
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.
It is a good idea to save bitcoin for the future of our loved onces and it will also be profitable as bitcoin is a future currency and it will become a global leader in digital currency in comming days in future bitcois price will reach high and we can give a better future to our loved onces by saving bitcoins for them.
I didn't thought that it is ok to save bitcoin for your child. Since I haven't yet a child a save bitcoin for myself and maybe someday when I realize it the I do the saving.
Saving bitcoins for children seems like the best legacy plan at the moment. this can provide them a real good future.
I just bought 2 ledgers for my children and once per month i deposit there small amount so i hope it was good decision
Its a great decision, the ledgers will be like 2 piggy banks for them and it will make their future brighter. I had done this sometime ago for my nephew and he is quite happy with his savings now.
Yes yes i will save Bitcoins for my children and future, i dnt hv much to buy Bitcoins but im trying everything to earn as much as bitcoin i can.
It is a good idea but also it bears a risk since bitcoin is not regulated and it is only openly supported by the community, we do not know how much long until the bitcoin will end up being a useless investment.
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.
I made a paper wallet for my daughter. I have save bitcoin for her future. If I have money for saving I will buy bitcoins and I will save it. Other thing I joined signature campaign here and social media campaign in order to earn and can save bitcoins too.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.
Yes, you can use cold storage to save Bitcoin for your children. For me, I will spend half my bitcoin for my children.
I just bought 2 ledgers for my children and once per month i deposit there small amount so i hope it was good decision
Jump to: