Topic: Saving Bitcoins for your Children. - page 22. (Read 24497 times)
Yep, im also thinking about it. Why not turn your bitcoin into cash and secure it real in the banks or buy an educational insurance or time deposite your money for your children? I think that would also be good and a surer one than storing bitcoin for them. We dont know where will be bitcoins tomorrow in the line.
Bitcoin is good to save for our family or for our children because bitcoin has a high value and it will continue to rises up in the future that's why it is good to save it for your children.
When i already have my own family, i will also teach my wife about this and to my children. I will also save btc for my children for them to have a good income and future when they can handle it.
Its a good decision have a saving for our children like bitcoin and for me ill create a wallet and put some amount. And i think this is a good idea for now. To have a savings for my children's.
Saving bitcoins or our children is a promising thing for the future of the kids because they won't be able to buy bitcoin in the future. The price will go up significantly eventually and they won't have the money to buy bitcoin.
Well If your Bitcoin is really that High in numbers I suggest leave your password to some safe keep or leave it to your last will. Because who would benefit from your hard earned Bitcoin if you just bring it down to your grave. Give it to your children, Share it equally to your family, before you die teach them the basics and start their own account to transfer it. Be a responsible father/Mother, for your children are your treasure more than anything.
I think saving Bitcoin for your children is great, you are just making sure that their future will be good no matter what. Although compared to other investments and properties that you can pass down to them, i think we need a special action for their Bitcoin, I suggest to have a hardware wallet, that you can put on a safety/security box, with all the necessary details that will make them access your Bitcoins in the future.
Saving bitcoin for our children in the future is a good idea, we need to teach bitcoin to our children so that our children know if there is any other kind of money other than cash that is Crypto money, and it is necessary for our children not to be out of date. I saved a bitcoin for my child and I kept it in a secret place, knowing it was just my child and myself, I kept the bitcoin so that bitcoun would be useful for my child.
Send some bitcoin to a paper wallet. Put the paper wallet in a safe (or lock box) for your kids.
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 think it's a good idea. Bitcoin is a great investment, and when your kids grow up, it's going to be a lot of money. The idea that bitcoin has risen in value over time is a great idea. 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.
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 think it would not be safe for them
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.
its brilliant idea to keep it for the future of my kids....some of my investing in bitcoin is i save to bank because if i kept it in my wallet its not good because sometimes the value of bitcoin is highly volatile and not equaly gain....so for me i rather choice to collect my investment in bitcoin time to time and i'll be the one to kept it for the future of my kids,not only for them but all of us....
Saving money for children is noble idea, everyone wants for the children to be secured.
Still saving bitcoin and keeping all the funds in the bitcoin maybe isn't the best choice. Bitcoin is highly volatile and it could equaly gain and lose the value. And no one can't tell now how the price is going to be in 10, 20 or more years time.
I would collect bitcoin and from time to time when the price is high exchange it to fiat and then save the fiat money and only smaller part would keep in bitcoin.
Still saving bitcoin and keeping all the funds in the bitcoin maybe isn't the best choice. Bitcoin is highly volatile and it could equaly gain and lose the value. And no one can't tell now how the price is going to be in 10, 20 or more years time.
I would collect bitcoin and from time to time when the price is high exchange it to fiat and then save the fiat money and only smaller part would keep in bitcoin.
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.
Everyone want to make money for their children..i am also planing about about it ..for that i am just invest my BTC for my child..i want to hold it for long time,that can help my child study.
There are lot of option where you can put your money to invest and make it grow. For long term investment you have the stock market, real state, bank, business corporation and many more. While for short term investment you have Bitcoin. Bitcoin offers a good profit in short period of time. if invest in these place you can assure a good future for you children.
no,yet I have not started to saving bitcoin for my children.But in future I will save bitcoin for my children as bitcoin is the most valuable cryoptocurrency and they will be abple to survive in future through bitcoin.
It's a bright idea to save some of my earnings in bitcoin or altcoins for my future kids. As of now i have not married yet but when the time comes i think i could say to myself that i'm well prepared for my future kids because i saved bitcoins that will help them in their financial needs.
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.
Since I don't have yet children, I am now planning to have more savings for my father first so I can give him a bright future as a payback for his sacrifice for being the bread winner of the family so I am so thankful for having him as my father and he deserves to have a good future which I will give to him. 
I do not care about my son's future because him future is very good education. I'm not against with your decision but no one is sure of what is the future of bitcoin.
Saving money when preparing for a baby is important, but there are several financial vehicles that would make a child’s life easier.These are long-term goals and time is on your side for saving Bitcoins for your children. Jump to: