Saving Bitcoins for your Children. - page 23.

Xester

hero member

Activity: 994

Merit: 544

Quote from: 15putriutami on March 06, 2018, 09:55:58 AM

I am not married yet, but I will definitely save bitcoin for my family especially for my children, if bitcoin really succeeds, my kids will never need to work at anything they don't want to

Me either but I am planning to save some bitcoin for the future of my family especially to my future children. I wanted to give them the best things life can offer. I am starting to save bitcoin and if I save now, it would become bigger. Then its price would likewise goes up. It would be a very good plan to start with.

nicko122

jr. member

Activity: 462

Merit: 1

I believe that investing in bitcoins and giving some of them to your children is a good idea. For the future, when the cryptocurrencies will become a daily currency, it is very useful to the next generation, as a small deposit in case of emergency or the ability to invest some of the coins into something else.

15putriutami

newbie

Activity: 127

Merit: 0

I am not married yet, but I will definitely save bitcoin for my family especially for my children, if bitcoin really succeeds, my kids will never need to work at anything they don't want to

EPICA Token

newbie

Activity: 27

Merit: 0

I believe paper money savings are better for the next generation due to the unexpected bitcoin ups and downs. You never know, when the market can crash, whether it can become stronger.

wilburwilbur

member

Activity: 266

Merit: 33

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

not sure if you ever heard of physical bitcoin. maybe you can use that and save it there instead
why? if a person is not knowledgeable on how to access bitcoin wallet, 2fa etc. then it's not worth it
if you wanna save it on a wallet from site then maybe teach your kids how to open it and educate them about bitcoin

icomap24

full member

Activity: 406

Merit: 100

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.

coinstalker23

full member

Activity: 310

Merit: 114

I definitely think that saving bitcoin or fiat for your childrens future is a very good decision. You should teach someone in your family what bitcoin is and tell him or give him your private key(you should just give it to your most trusted people in the family) in case of emergency.

genset88

member

Activity: 349

Merit: 10

Quote from: JoseClimaco on October 17, 2017, 08:35:57 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.

Nowadays, many people think that Bitcoin is a substantial development platform and that Bitcoin preparation for the future is a must, but I think the future is too far ahead to be prepared, If a Bitcoin or Crypto day ends, it will all become dust

surfinonmyownwavebaby

full member

Activity: 252

Merit: 104

Decentralized Ecosystem for User-Generated Content

While I don't technically have saving of Bitcoin set aside for my children I am actively working myself toward a greater number of Bitcoin. Once I reach said goal one day hopefully I can pass it onto children, or nieces and nephews but there is time for this yet.

Schultz88

jr. member

Activity: 210

Merit: 1

That is a great idea, buy when the price is low then buy more when we got money. Safe them in deposit box and keep them until our children grown up, it could be a treasure for them.

vanslyien

newbie

Activity: 70

Merit: 0

Saving is a financial preparation for what you plan ahead, it is also a back up case something goes beyond what you expect. Saving Bitcoins for your children is good. On the part wherein, password or other means of access may lost, in terms of technicality we always find a solution in every problem. It is human nature to solve the puzzle thus for me it is minor issue. Posting different example here is a risk because you give an idea to others how it can be located but if you put in another angle, it is called suggestions.

Gusbaaa

jr. member

Activity: 63

Merit: 1

Every parent who becomes bitcoin really thinks about it. I want my children and their future families to have a rich life and I do not want to see them arguing over money so I will save a lot of liquor even I have no children because family is the most important thing in the world.

OllieOllielolo9

newbie

Activity: 35

Merit: 0

They will earn it by themselves if they are good educated.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.

RoryRoryRory3

newbie

Activity: 39

Merit: 0

I would like to suggest you that don’t change bitcoin into fiat and keep carryon bitcoin business and not handing over this to your children till they don’t understand bitcoin completely because bitcoin is not only a currency,I need to save money because I like saving because I can't predict what would future bring. In order for me to feel better saving is the best way to complete the sense of satisfaction in life.

Blakekeke10

newbie

Activity: 51

Merit: 0

I do not care about my children's future because their future is very bright thanks to our bitcoin incomes. My bitcoins are enough to help them to create very luxurious lifestyle.I'm not against with your decision but no one is sure of what is the future of bitcoin.

Amevalentine

sr. member

Activity: 826

Merit: 250

Well I myself have started to prepare a bit of assets for them. I'm afraid when later they will abuse and more than that what I worry about is if the bitcoin kedco not sell

Lewis6789

newbie

Activity: 31

Merit: 0

I do the same thing as you. I started to save a small part of my bitcoin with a hope in the future my children will be able to use it to cover their needs.I will save bitcoin for their health education any many more thing.

NathanEthan5

newbie

Activity: 39

Merit: 0

I think bitcoin is actually using it to help in our daily lives. I hope you have a good introduction about bitcoin to your kids so they can easily access it as well,I think the best way do is 50% percentage save to bitcoin wallet and the half of it save to banks so no matter happens you are sure that is safe and will give it someday to your children.

galaxing

jr. member

Activity: 168

Merit: 1

I invest in bitcoin ,, for the sake of my family, I buy cheaply, and sell when bitcoin prices go up, after I get the benefits, I will put it in the bank .. for my family needs.

Frederick123

newbie

Activity: 45

Merit: 0

I think bitcoin is actually using it to help in our daily lives. I hope you have a good introduction about bitcoin to your kids so they can easily access it as well, and I am very happy to see a step forward to using bitcoin even can also make transactions wherever and whenever.Saving bitcoins for your children I think is the best way to prepared to future of your children we need to also introduces and tell the important of the bitcoins so that the child is aware.

Topic: Saving Bitcoins for your Children. - page 23. (Read 24498 times)