Saving Bitcoins for your Children. - page 129.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: Latviand on October 25, 2017, 11:30:34 AM

Quote from: Kikeeping on October 25, 2017, 10:59:09 AM

So true. Investing in btc as well as investing in stocks or property. Setting up a child's future with btc is my way. Because, btc or exactly cryptocurrency is a great place to make my money grow better.

Actually it was a good idea to start saving bitcoin for your children's future. The true essence of being a parent is to do his/her duty as parents by providing the needs of their children, giving them a good quality of education and be able to grow them in a nice and peaceful environment. And thinking about investing bitcoin for children was good start to provide their needs.
But, since Im not a parent yet so I must considerate it for my future children.

As a parent we would really be always thinking off on how to raise our family which we would really do the things that would even secured their lives and insured them not to mess up on those times that we are gone already on this world and with bitcoin it would really be possible to keep and save up some of our earnings as of now and would really be just for their future.

mayadin

full member

Activity: 154

Merit: 100

I have saved few btc and other alts on a hardware wallets, this will go to next generation

Denamen

sr. member

Activity: 499

Merit: 250

Chainjoes.com

Quote from: mel0924 on October 25, 2017, 05:37:19 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

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.

Yes, you can use cold storage to save Bitcoin for your children. For me, I will spend half my bitcoin for my children.

bigmaster23

full member

Activity: 518

Merit: 106

WWW.BLOCKCHAIN021.COM

I think Bitcoin can't found by any child when the time comes it is gone or out off stock before they know it. Unless someone tell to this child about Bitcoin and guide through his or her age before bitcoins gone

maarx

hero member

Activity: 882

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cloverdex.io

Yes. Please do plan. Good plan. I came across few threads stating that bitcoins can be used as an asset. Sure. This really can be used as an asset and saved for children's future. Either this can be bought and kept on hold for future Or invest bitcoins and receive profit. So good idea to save for children.

MAHNOOR

newbie

Activity: 163

Merit: 0

Quote from: Coin12 on October 25, 2017, 05:17:02 AM

You are very good mate think of future. Bitcoin legacy is also important and good for children. At least you have to teach them before giving them. The simplest way is just write all details and keep it well in some place that only you, your wife and children know. First you have to lock that place. And after we old, give it to children.

yes you are right that we need to give that opportunity to our children before they come out and learning about bitcoin so thats really good idea and it will trained them to have a good future and we also hope that bitcoin will get a new form in next generation future.

ferdaus

full member

Activity: 406

Merit: 100

It is a wise work to think about the future. When the future is spoken here, the future is always uncertain. So when you keep your bitcoin for your child, then your child will get it right in the future, for all the security you need.

RyanEncek

full member

Activity: 168

Merit: 100

yes of course for me bitcoin it is saving my front of my small family, because early on we have to look for coin as much as possible to save and the result can be used for anything.

Latviand

full member

Activity: 1540

Merit: 219

Quote from: Kikeeping on October 25, 2017, 10:59:09 AM

So true. Investing in btc as well as investing in stocks or property. Setting up a child's future with btc is my way. Because, btc or exactly cryptocurrency is a great place to make my money grow better.

Actually it was a good idea to start saving bitcoin for your children's future. The true essence of being a parent is to do his/her duty as parents by providing the needs of their children, giving them a good quality of education and be able to grow them in a nice and peaceful environment. And thinking about investing bitcoin for children was good start to provide their needs.
But, since Im not a parent yet so I must considerate it for my future children.

marcuslong

legendary

Activity: 1036

Merit: 1002

I spend all my bitcoins for nothing and now im regereting it since i dont have money to spend since im in need now i realize how money important is if i can bring back time but i reaaly enjoyed it but now im earning and then saving those profit i made.

2taps

full member

Activity: 266

Merit: 107

I think it is pretty smart to save some bitcoin for your children because it might be possible for bitcoin to one day reach 100k and when that happens your children will ofcourse be verry happy. And they might even continue investing in bitcoin to make more profit.

Xzhyte

full member

Activity: 218

Merit: 101

Blockchain with solar energy

I think its a good decision to save some bitcoins for your children. Just put it on a safe place and be sure to hand it over at the right time. Many years from now, those little amount of bitcoins would have a great amount.

OrangeII

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Activity: 2170

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: Jerzzz on October 25, 2017, 11:14:06 AM

for now I have no children to saving money but I have some reason to saving my coins for the trying to join the group of traders to increase my income in then I try to get a better idea of how to make a better idea to do.

when you store the bitcoin you have for your child, it's possible the bitcoin price will be very high. well, that is not possible. it is good to do. in addition to saving, we can also give it to our children later.

Jerzzz

sr. member

Activity: 415

Merit: 250

for now I have no children to saving money but I have some reason to saving my coins for the trying to join the group of traders to increase my income in then I try to get a better idea of how to make a better idea to do.

Xester

hero member

Activity: 994

Merit: 544

Quote from: Kikeeping on October 25, 2017, 10:59:09 AM

So true. Investing in btc as well as investing in stocks or property. Setting up a child's future with btc is my way. Because, btc or exactly cryptocurrency is a great place to make my money grow better.

Compared to the interest given by the banks, it is better to put our money as investment to bitcoin. In just a short period of time, bitcoin price goes up and it is doing very well. I will do the same thing others doing in securing the future of their children through bitcoin. Hopefully bitcoin price after 10-15 yeard will be so high that we do not need to think where to get money to support the education of our family.

Kikeeping

full member

Activity: 280

Merit: 100

So true. Investing in btc as well as investing in stocks or property. Setting up a child's future with btc is my way. Because, btc or exactly cryptocurrency is a great place to make my money grow better.

faceoff97

full member

Activity: 644

Merit: 113

Quote from: Paul Pogba on October 25, 2017, 05:37:42 AM

If previously we teach how to save in the bank to the child, then the time is to teach bitcoin to the child, by saving course we get the interest but with keep bitcoin our money increases faster.

I agree with you, its the time to make bitcoin known by our children. Bitcoin is the new bank, and its pretty sure that bitcoin is going to have a good future. We have to orient them as early as now and teach them how bitcoin would affect their status in life in the future. Bitcoin value is ever increasing and Im pretty sure that once they get old, the value would be more than we are expecting.

v_Harley

member

Activity: 129

Merit: 10

Bitcoin is too expensive to save a commemorative bar, maybe after a villa can be changed?
Kiss

arnux

member

Activity: 100

Merit: 12

I hope to be in the position that my family can benefit from Bitcoin too and if ggiven the opportunity I will be saving Bitcoin for my children.

qwertyup23

hero member

Activity: 2268

Merit: 789

Quote from: Coin12 on October 25, 2017, 05:17:02 AM

You are very good mate think of future. Bitcoin legacy is also important and good for children. At least you have to teach them before giving them. The simplest way is just write all details and keep it well in some place that only you, your wife and children know. First you have to lock that place. And after we old, give it to children.

Saving your bitcoins for your children in the future is no different from saving any asset or investment for them to continue or to utilize. What's separates bitcoin investment as a memento to other different investments is its digitalized nature and the children can engage easily with the said investments. Due to bitcoin's convenient when it comes with its accessibility, it has the potential of exposing them to cryptocurrency, thus attracting new investors with the move. Personally, I am only worried about the wallet on where we will store it because it has the tendency to be hacked, scammed, or even stolen from you due to it existing on the internet.

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