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Topic: Saving Bitcoins for your Children. - page 17. (Read 24497 times)

newbie
Activity: 144
Merit: 0
March 22, 2018, 10:10:57 AM
saving bitcoin for a child if I do it will be good for my children because maybe I'm not going to be in the future if we have lots of bitcoins.
full member
Activity: 434
Merit: 100
March 22, 2018, 10:01:39 AM
a very good move, but I have not thought that far because I am currently unmarried and have no children yet, I just tell my wallet to my family so if anything happens to me later my assets can be managed by my family.
newbie
Activity: 173
Merit: 0
March 22, 2018, 09:57:32 AM
Saving Bitcoins for your children is a smart move. And maybe put the password in a will?

This is what I'm planning to if i have enough money to invest, we not only keeping our money in a safe place but also making our money profitable.
jr. member
Activity: 280
Merit: 1
March 22, 2018, 09:57:03 AM
saving bitcoin for your kid is good because you may be surprised that your child will not be suffering in the future because the bitcoin price will increase in the future and will increase your income.
jr. member
Activity: 114
Merit: 1
March 22, 2018, 09:52:01 AM
Saving Bitcoins for your children is a smart move. And maybe put the password in a will?
member
Activity: 132
Merit: 10
March 22, 2018, 09:33:20 AM
I think this is a good idea. We believe that bitcoin will have a good future. We needs to be saved or investments bitcoin for our children to enjoy.
Surely we should always keep our wallet information along with the private key or password so as not to disappear and later this information is given to our children.
member
Activity: 207
Merit: 10
March 22, 2018, 08:30:24 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
that was a very exciting if you know how to save bitcoins for our children.but for me i am still a teenager and i have to save for my self and for my parents and of course for my future someday if i have a family.i really want to save some of it.
member
Activity: 266
Merit: 10
March 22, 2018, 08:22:58 AM
Indeed a good idea and Yes this can be proved very helpful. Bitcoin is the most promising currency ever and is providing good chances for earning money. It is quick and easy and do not require any conditions, all just needed is to believe in yourself, make investment and be patient for the profit. When you get your profit either reinvest it to make some property of it for your children.
sr. member
Activity: 756
Merit: 253
March 22, 2018, 07:51:01 AM
For future of course it is necessary to save especially if you have the capacity. There is no waste time for every effort and hard work you will invest so go for it.

Yes, bitcoin and crypto-currencies in general is futuristic and so i think its in the right direction if one can save bitcoin for their kids because it can safely secure the future of your kids if you can be patient enough and invest substantially.
newbie
Activity: 53
Merit: 0
March 21, 2018, 12:29:58 AM
For future of course it is necessary to save especially if you have the capacity. There is no waste time for every effort and hard work you will invest so go for it.
newbie
Activity: 80
Merit: 0
March 21, 2018, 12:28:25 AM
Paper wallet for bitcoin and using bank's safe deposit to store this paper wallet is a good idea
newbie
Activity: 10
Merit: 0
March 21, 2018, 12:26:07 AM
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.
member
Activity: 588
Merit: 10
March 21, 2018, 12:24:22 AM
..nowadays,,as technologies are rapidly increasing,,there is a possibility that there are lots of changes will going to happen in the future..so lets come to think of it,,as we adopt on such changes,we need to consider our future,especially our children's future..One way of protecting their future is to save money,bitcoin or fiat currency for them to be able to spend in their future..For me,,i'll probably do investing in bitcoin as a savings,then later on if I gain some profits,i'll do save it in a bank as a proof of statement that I am concern in their future sake.
full member
Activity: 350
Merit: 100
March 19, 2018, 09:51:11 AM
 Saving bitcoins for children are very important today. It is very useful for the sake of children. Bitcoins are very helpful for all of us especially for the future of our kids or children. Bitcoins are the one that can help our children to sustain their financial especially for the most important thing in thier life which is the education. We all know that Education is the best weapon to success in life but we can fullfil this with the help of bitcoin. Bitcoin can be the one to make their children's dream come true.
full member
Activity: 434
Merit: 168
March 19, 2018, 09:42:10 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
We all are concerned about out children future and we all would like to secure their financial life as well in some or other way. This generation of people i see people saving their bitcoins for their children future which may be handy when they are matured enough and can be used for their education, business etc. But the only concern is we should keep the wallet details very securely in the form of soft copy or hard copy as there are always chances to get hacked & misused. Just keep the details securely and ensure our children should be able to use the coins when they need it . Thats what i would take care of for the bright future of our kids.
sr. member
Activity: 524
Merit: 250
March 19, 2018, 08:59:23 AM
This is a good idea. You can get a paper wallet and keep it for them so when they come of age they can get the bitcoins, which by that time will be worth a lot more.

I think paper wallet is too risky and easily damaged, web wallet is a much easier thing, giving inheritance to children is a wonderful thing, they will feel a great benefit someday, the most important thing is to introduce bitcoin to them so they can use bitcoin.
member
Activity: 182
Merit: 10
Business Driven CryptoCurrency based on Assest
March 19, 2018, 08:51:01 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

Since I have no child, I have zero idea how to respond to this but let's just use me myself as variable. I'm the parent andy family is my child. If I was in the parent shoe, I will dedicate a wallet for my child because in this way, I could assure that they have financial support even when I'm gone.

The wallet will serve as my treasure given to them to support themselves. So yeah, if you're going to ask me if I'm going to open a wallet for my child, yes I will.
sr. member
Activity: 472
Merit: 250
March 19, 2018, 08:39:47 AM
It looks like a great idea. In my opinion, the wallet passwords could be written in a will given to a notary or kept in a safe.
member
Activity: 168
Merit: 10
March 19, 2018, 08:39:11 AM
I thinks that is the best idea because all the best we got in this world is our children and  saving for thier future is a big help for them to start up, we do not know what will happen in the future.
newbie
Activity: 127
Merit: 0
March 19, 2018, 08:17:05 AM
This is a good idea. You can get a paper wallet and keep it for them so when they come of age they can get the bitcoins, which by that time will be worth a lot more.
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