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Topic: Saving Bitcoins for your Children. - page 46. (Read 24498 times)

full member
Activity: 392
Merit: 123
January 15, 2018, 05:24:33 PM
I dont think it's a nice idea to store BTC for our future genertion because its highly risky to store in your wallet as one may loose his/her private key and password it turns your wallet unaccesible and you loose your amount and the price of bitcoin may also go down in future... but at the same time it will make children aware about Bitcoin.
Ya im also thinking the same. 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.
member
Activity: 72
Merit: 10
January 15, 2018, 05:01:25 PM
As much as you save your money in the banks, in real estate or in stocks, I suggest that you should invest more in bitcoin for the future of your children. I believe that there will come a time when BTC will replace our current money and may require you to exchange it with bitcoin, by then the price of BTC is so high that you will be able to buy some few bitcoin, I think that we should invest now and just hold our bitcoin for the future.
newbie
Activity: 43
Merit: 0
January 15, 2018, 04:23:56 PM
It is pretty smart to save some bitcoin for our children because it might be possible for bitcoin to one day reach 100k or more and when that happens our children will be verry happy.
member
Activity: 294
Merit: 10
January 15, 2018, 04:07:20 PM
That's 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.

You can really save bitcoins for your children since all you need to do is invest and hold it for a very long time if you did not want to work on bounty campaigns or trade. Most of the wife's can really work at home for bounty campaigns and earn a lot of money while take care of their children.
legendary
Activity: 1358
Merit: 1000
January 15, 2018, 03:54:43 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 hope Bitcoin will exist for a long time and it could be passed on to the children. But I do not yet have such confidence.
newbie
Activity: 29
Merit: 0
January 15, 2018, 03:51:52 PM
A paper wallet is a good idea, but there are better option. Now gaining popularity device called Cryptosteel, it's a mnemonic cold storage wallet.
newbie
Activity: 31
Merit: 0
January 15, 2018, 01:34:11 PM
You can save some or just give them a good account and teach them so they can be indipendent when the time come like college or Senior High School
sr. member
Activity: 602
Merit: 258
January 15, 2018, 01:29:13 PM
it is a wise decision to save a bitcoin for your Children, because when the time comes that your Children get older,
i think the price of bitcoin is so high and your Children can earn daily profit in bitcoin they can also sell bitcoin to start a business. For now earn more bitcoin and hold it for your future family and life.
newbie
Activity: 93
Merit: 0
January 15, 2018, 01:10:30 PM
I think it was good idea of saving bitcoin in the future of your children. Maybe in the future bitcoin will highly impact in the society. But the problem is if you dont have any btc xD  Roll Eyes

#peace
newbie
Activity: 126
Merit: 0
January 15, 2018, 12:50:51 PM
I dont think it's a nice idea to store BTC for our future genertion because its highly risky to store in your wallet as one may loose his/her private key and password it turns your wallet unaccesible and you loose your amount and the price of bitcoin may also go down in future... but at the same time it will make children aware about Bitcoin.
newbie
Activity: 4
Merit: 0
January 15, 2018, 12:36:39 PM
Hopefully bitcoin turns out to be better than gold, then it will be the ultimate store value  Cool
member
Activity: 336
Merit: 10
January 15, 2018, 12:36:23 PM
Yes. Because you need to save for their future. And this is a great opportunity that you are able to buy it now. Years may pass and the bitcoin price will get higher .
Children cannot understand it today but someday they will thank you for saving bitcoin for their future.
member
Activity: 448
Merit: 10
January 15, 2018, 07:59:40 AM
I think good idea to saving bitcoin for your Children. bitcoin will give your children a good and bright future.
member
Activity: 73
Merit: 10
January 15, 2018, 07:50:14 AM
That is one of my target goal crypto currency savings for my kid. I did start already saving for the future of my kid and i will teach her to manage the wallets when she reach the right age.
newbie
Activity: 12
Merit: 0
January 15, 2018, 07:36:43 AM
Securing the future of your children is a must if you want them to have an initial step for their own success. Bitcoin is also a way to be able to save up for them.
full member
Activity: 524
Merit: 100
io.ezystayz.com
January 14, 2018, 06:41:20 AM
Ya thats a great idea to save bitcoins for your children for thier future dont spend your money in the thing you dont need so you can save, i will create paper wallet too for the bright future of my children.
member
Activity: 274
Merit: 10
January 14, 2018, 06:38:55 AM
As of now i don't have children but it's a good idea for saving bitcoins to my children soon.This is a nice step so that they never feel what i feel with a poor life.But for this Bitcoin i can see that my family will have a future to have a nice life with a bitcoin savings.
full member
Activity: 266
Merit: 107
January 14, 2018, 06:26:34 AM
I think if you save some bitcoin for your children it can both go good and bad. Because if bitcoin doesn't exist anymore in 5 years then you could have better used that amount of bitcoin to invest some more in it and make yourself some more money. But if bitcoin will still be popular in the future then your kids will be very happy.
newbie
Activity: 37
Merit: 0
January 14, 2018, 06:25:11 AM
I think it's a good idea, and I'm now going to buy some bitcoin for my kids as an investment, and in the near future, the price of bitcoins will reach new heights.
newbie
Activity: 182
Merit: 0
January 14, 2018, 06:23:00 AM
If you join campaign and you plan it for you children,when you earn some valued price hold for quite sometime till it price gets high and encash it and save it in a bank or either you can already save it and invest it through bitcoin so that when the right time come your children can benefit from it
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