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Topic: Saving Bitcoins for your Children. - page 19. (Read 24498 times)

newbie
Activity: 210
Merit: 0
March 11, 2018, 03:02:49 PM
for me,its a good idea to have a saving...saving is good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.
member
Activity: 406
Merit: 11
March 11, 2018, 02:56:41 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
  I do not think it's a good idea to store bitcoin for your children. There are so many nuances that may prevent future use of bitcoin by my children. The best option is to teach children everything you know yourself and they will have a choice either to work with bitcoin yourself, or leave this activity for others. I think it will be right.
sr. member
Activity: 952
Merit: 251
March 11, 2018, 02:52:12 PM
It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
The income from bitcoin is very encouraging. But to keeping bitcoin for long term investment will be very good and appropriate. We can keep bitcoin for our children in future it will grow faster. As it is long term investor coin. So keeping bitcoin for children is not a bad idea. It can help our children in modern age. As the new age of bitcoin is coming.
newbie
Activity: 182
Merit: 0
March 11, 2018, 10:50:14 AM
I think its invincible idea, because of saving bitcoin can be investment long-term not troublesome and easily got advantages, but we must in addition to be cautious because we dont know what will happen as regards bitcoin a few years ahead, could have been bitcoin more than or may be just getting growing
member
Activity: 392
Merit: 10
March 11, 2018, 08:25:51 AM
Honestlybi am doing this right now. Securing their future is my top priority. I know one day, this would help them and they would be glad i did this
member
Activity: 350
Merit: 15
March 11, 2018, 08:15:57 AM
If you leave the house for your children, I think if you have this patience and wait, the price will be more than surprising at this time
member
Activity: 252
Merit: 10
March 11, 2018, 04:33:54 AM
It`s rather a good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education.

How about you? Do you save some bitcoin for your children?
Actually it should be great if we can spare our bitcoin for our bitcoin future..
As we know, all of our hard work to job online and also offline and all of them is just for family better life.
member
Activity: 168
Merit: 10
March 11, 2018, 04:28:29 AM
It`s rather a good idea. I have a relative that hold 1 BTC for his son on cold storage: Ledger Nano S. He bought it at 700$ price. Who knows - maybe his son could use it to pay for his high education.
jr. member
Activity: 42
Merit: 1
Hail HYDRA
March 11, 2018, 04:23:25 AM
That is not a very good idea since bitcoin will die eventually
most probably when quantum computing becomes public

bitcoin will be obsolete and worth nothing
member
Activity: 320
Merit: 10
March 11, 2018, 04:19:05 AM
It's a great idea, because i will do this idea, saving money to my children. I will invest my money in cryto and when time comes i will it and gain huge profit, and I will save 1/4 that i gain then i will invest again the 3/4.
sr. member
Activity: 685
Merit: 250
March 11, 2018, 04:06:10 AM
Good idea if someday our child have bitcoin, maybe in that time bitcoin is high value, no one tell us, in God will maybe your child become a millionaire.l, just secure your a password and make a take note to your child.
full member
Activity: 1750
Merit: 118
March 11, 2018, 03:31:13 AM
It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
That's great. Indeed this will be big money in 10 to 15 years from now. Bitcoin is a decentralize currency and due to limited quantity people will hold their coins and hoping the price will go up in the coming years which I think significant that has a potential to go up at $50K. With that price you can assure a good future for your children.

it doesnt matter if bitcoin is limted or not because what matter the most is its purpose or usefullness on why we should hold and kept it. some people do also hold coins with unlimited or have a billions supply because they think that it is worth it or they think that it can also pump in the future. any ways, saving bitcoin for your children is also a nice idea because as soon as your child is growing , the value of bitcoin is also rising. you can then use that profit in order to give your children a bright future.
member
Activity: 162
Merit: 10
March 11, 2018, 03:28:10 AM
I also think that we should save some BTC for our children, from a decade ago, if we could store a few BTC, we would be very rich now.

member
Activity: 378
Merit: 10
March 11, 2018, 03:25:52 AM
It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
That's great. Indeed this will be big money in 10 to 15 years from now. Bitcoin is a decentralize currency and due to limited quantity people will hold their coins and hoping the price will go up in the coming years which I think significant that has a potential to go up at $50K. With that price you can assure a good future for your children.
sr. member
Activity: 638
Merit: 300
March 11, 2018, 03:19:05 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

maybe one more thing to make your bitcoin secure for your children one day is try to make a back up files. aside from writting down. you need at least 5  back up file to save your bitcoin private key and walles also your bitcoin user name.anything that you think is importante for bitcoin to access you should save.
member
Activity: 168
Merit: 11
Back from the Dead!
March 11, 2018, 03:08:08 AM
It would definitely help them, I believe. It is a good idea, as bitcoin is very likely to be the universal currency of the future, and people will be able to transact across borders freely. The concept of unique currencies for each country will likely vanish in the future, and investing beforehand in bitcoin will give the next generation a good chance of staying ahead of the others in the race.
However, you do need to make sure they really are secure and you next generation gets them, so you will need to educate them about bitcoins, and give them access to cold storage where you should keep your bitcoins at the right age, so they donot waste it and understand the value of the stuff.
newbie
Activity: 6
Merit: 0
March 11, 2018, 03:04:23 AM
That Nice  Smiley Saving for our children is a good ideas, mostly wen saving bitcoin for them is very necessary and it is good for their future usage Like for their educational aspect and other requirements, by saving for them it will help to reduce more expenses from the parents. now that we are in digital world the wallet address and private keys can be stored in PC or in written document.  Wink
member
Activity: 168
Merit: 10
March 11, 2018, 03:55:27 AM
It's a great idea if bitcoin for our generation. This investment is very good for the future because the income from this investment is very encouraging.
jr. member
Activity: 84
Merit: 3
March 11, 2018, 03:49:12 AM
I'm still very young, so i don't have a though to have children yet, near in the future.
For me, now i'm investing bitcoin for myself. So after i graduated from college, i already had enough assets and can live my life well.
But maybe after i have a proper job and many bitcoin savings, i'll spare some for my children in the future. So they will have a nice life and doesn't need to worry about anything anymore.

Nice to see that someone is so open and true about his investment. I guess most of people would like to enjoy benefits of bitcoins or other investments themselves. Regarding children, if you are able to provide them good education, that is more than sufficient. They will find ways for themselves and thus survive better in this cruel world. If they get a lot of money inherited, they might get involved in bad activities. I guess, even if you are leaving a lot of money after death, you should have a will making children eligible after a certain age.
sr. member
Activity: 479
Merit: 250
https://streamies.io/
March 11, 2018, 03:23:12 AM
i think this is a good idea for the future. because BTC always rise up in long term. Besides, it can be accepted likes an official currency in the world. So, saving it for your children will help them have a good fund for the future
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