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Topic: Saving Bitcoins for your Children. - page 134. (Read 24498 times)

full member
Activity: 140
Merit: 100
October 21, 2017, 10:09:29 PM
Any parents that are into bitcoin would really think of that. I want my children and their future family to have a wealthy life and I don't want to see them arguing because of money so I will save a lot of bitcoin even I don't have children yet because family is the most important thing in this world.
full member
Activity: 295
Merit: 104
October 21, 2017, 10:01:18 PM
Saving Bitcoin for your child not that we have to give a bitcoin account or anything else, our kids will not know what bitcoin is, though know also maybe later when he's an adult. That's also if bitcoin is still there and remains popular. but what I think is storing bitcoin for a child is storing bitcoins to wait for right time to sell or in exchange for local currency, the exact time is time when bitcoin prices soar, so we can profit a lot and so we can also give benefits to our children.
member
Activity: 200
Merit: 13
October 21, 2017, 08:21:12 PM
we all know one day we will not be able to earn bitcoins anymore, and all the money we can earn will be used to take care for ourselves and our family. so we should save a little bit for our children to support thier future.
hero member
Activity: 644
Merit: 500
i love my family
October 21, 2017, 07:42:28 PM
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
as of now i dont save bitcoins for my children education  but i save them money on bank using my bitcoin. Atleast keep weekly deposite. My children and my husband got no idea what is bitcoin all about. If i pass away and save bitcoins for them no gurantie they can withdraw it. Atleast on bank they can use my atm. They can have my money anytime 😊
full member
Activity: 364
Merit: 100
October 21, 2017, 06:59:19 PM
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
Why not? Since Bitcoin has become more of an asset, I think it would still be wise to invest despite of the continuous rise. Holding it for a certain time until it reaches its full potential. My kids are my inspiration and I want to give them a decent living. I believe Bitcoin can provide that.
sr. member
Activity: 2828
Merit: 344
win lambo...
October 21, 2017, 06:54:36 PM
I am not sure whether bitcoin will survive that long or not as there is still a big question mark on the future of bitcoins so I will not save my bitcoins that long and sell them off when its price goes too high and giving me good money in return so right now I don't have plan to save my bitcoins for my children.
Maybe you have your point.But IMO i still want to save bitcoins for my children even though it's still uncertain to us when will it lasts.I have seen the movement of bitcoin price and it's very impressive so i would not waste my time but to save them for my children and for the preparation of our future.
sr. member
Activity: 728
Merit: 252
SmartFi - EARN, LEND & TRADE
October 21, 2017, 06:48:38 PM
I am not sure whether bitcoin will survive that long or not as there is still a big question mark on the future of bitcoins so I will not save my bitcoins that long and sell them off when its price goes too high and giving me good money in return so right now I don't have plan to save my bitcoins for my children.
sr. member
Activity: 448
Merit: 250
October 21, 2017, 06:45:15 PM
What a horrible idea, nobody knows if bitcoin will still be online in about two years, and you are talking for our children? i will not have a children for the next 15 or maybe 20 years, and i dont know if bitcoin will still be on here because there is a lot road left.
But the best thing is to hold fiat for them, or gold, just like my grandparents did in the money they were expecting a children, and that is a good idea instead of bitcoin.
sr. member
Activity: 658
Merit: 250
October 21, 2017, 06:19:03 PM
I am not married yet and I don't have any children but yes I will try to save as much as for my next generation so they don't have to struggle for money that I have gone through and once I have children I will also teach them everything about bitcoins so that they can also start earning bitcoins in a decent way.

It doesn't matter anyone's status of when were going to save or spend money and to whom it will be spend in the future. It is up to us.  Married or single can save money for future used. Saving money for children is one good idea. I am absolutely agree of this.If goods and services are priced in BTC , then everyone involved saves money and  engages transactions more efficiently.
full member
Activity: 938
Merit: 108
OrangeFren.com
October 21, 2017, 05:49:36 PM
This is a great idea for us parents to save bitcoins for our children, nothing to worry about the future of the young generation coz we all know bitcoin price will go up.
full member
Activity: 261
Merit: 100
October 21, 2017, 05:37:02 PM
It is good to save Bitcoins for your kids so they can use it in the future but I probably won't put everything on it. If I have some bitcoins enough to invest in a Real Estate I'll probably choose real estate. Why? Because the price isn't stable and there's a possibility that it will just disappear without us knowing. I'll still invest in Bitcoin but I'll have some alternative just in case something happens.
full member
Activity: 490
Merit: 101
October 21, 2017, 05:33:02 PM
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

It is a good idea and worth buying down now for one's children. By the time it becomes globally accepted, one's children are also relevant. Also, one can have it in  reputable Investments too, so as Bitcoin is increasing in vallue, so also with the investment. As real estates and other like investment is applicable today, so will the bitcoin investment/invest will be releven
hero member
Activity: 938
Merit: 500
October 21, 2017, 05:25:13 PM
I am not married yet and I don't have any children but yes I will try to save as much as for my next generation so they don't have to struggle for money that I have gone through and once I have children I will also teach them everything about bitcoins so that they can also start earning bitcoins in a decent way.
member
Activity: 98
Merit: 10
October 21, 2017, 05:23:43 PM
It is nice that you do it for your children but the fear is that there are other new things being invented quickly. So who knows whats gonna happen to bitcoin in a few years time.
full member
Activity: 448
Merit: 100
October 21, 2017, 03:43:36 PM
Yes Every person has a future.So everyone will have to worry about the future.Because Bitcoin is safe, so everyone should keep bitcoin for their child.Besides, the cost of bitcoin is increasing day by day, so it will be the best job to deposit for your child.I will definitely keep the bitcoin for my child.
member
Activity: 168
Merit: 10
October 21, 2017, 12:45:53 PM
Every person in the world should be well secured not for the future but also in our everyday life. It is really good to save BTC that turn into money for our children until we can and keep it safe. So when the times comes, u will give all the details to your children and let them use it wisely. We only live once and an opportunity of earning should be well taking care of. We do whatever it takes for our children.
full member
Activity: 364
Merit: 138
dApps Development Automation Platform
October 21, 2017, 12:43:10 PM
I'm not sure, but it seems like a similar question, in particular a crypto will, is trying to solve the project MyWish. As far as I know, they are just now have an ICO. I liked the original idea of this project.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
October 21, 2017, 12:15:38 PM
Parents that are staying at home like a wife that are taking care of their children can still work at home because of bounty campaigns and it was an advantage for them to stay connected to their child while working at the same time.
sr. member
Activity: 2506
Merit: 368
October 21, 2017, 12:09:28 PM
This is a great idea for every parents out there so whenever their Children were growing they can give it to them as their last will and testaments. Which is very so uncommon among of all those who have written all of their last will. And it could surprise your Children in the future since the price of Bitcoin on that time will be very very high. Let's say 10 years from now? Or 20 years from now? Imagine that gap of time and you still hold your Bitcoin just for your Children. The only problem is how will you gonna hide those keys and never gonna forget it. I have no idea right now, but i do keep it on my flash drive.
newbie
Activity: 39
Merit: 0
October 21, 2017, 12:07:12 PM
Well the real question here is do you really think bitcoin will maintain its value long enough?  Huh
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