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Topic: Saving Bitcoins for your Children. - page 57. (Read 24497 times)

newbie
Activity: 112
Merit: 0
January 02, 2018, 09:44:12 PM
Nice, planning for future is very exponential. It is not only our children but we must start from ouraelf then it flow to our children. Let ur children know it and also understand it because bitcoun future is bright
newbie
Activity: 10
Merit: 0
January 02, 2018, 09:12:26 PM
it may be because you can also make it an additional income that will help the future of your children or relatives that you are only expected to help with daily home expenses.
member
Activity: 238
Merit: 11
January 02, 2018, 09:04:06 PM
Bitcoin change my life , it made me the breadwinner of our family but before i started this one of my biggest goal is to earn & save for my son which is 2 years old now . Bitcoin made me save a lot from earnings into different platforms and by holding bitcoin since it always pump , and i get profits and save it to my wife's bank for the future of our baby boy . Bitcoin gives me an opportunity to buy things for my baby like toys , clothes , vitamins , medical checkups and money that was saved for his school in the future . Bitcoin helped me a lot by giving my family their basic needs we are financially stable we can eat 3x a day or more , we can go whenever we want , we can buy things we wanted  but most of all it gave me a bank for my baby . He is ready for his school . Thanks bitcoin
member
Activity: 112
Merit: 10
January 02, 2018, 08:44:34 PM
It is like saying , I am saving money for my children. Don't do that, invest and create a future for your children. Not just by saving.
full member
Activity: 308
Merit: 100
January 02, 2018, 08:41:32 PM
Indeed saving bitcoins for your children is a very good idea indeed and not just for your children but for yourself also, our future is uncertain so you better had a plan ahead of you, a plan which can help you in difficult times. Saving bitcoins is a wise plan especially if you have save a lot of bitcoins in early days because I'm sure bitcoin will be there to help you. So save bitcoins now while it's still early for you and while you're still strong.
full member
Activity: 490
Merit: 100
December 31, 2017, 06:48:22 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
I think if your child is immature, it's better not to be told about bitcoin, but just tell your wife. Later if your child is old and can understand about bitcoin then you can tell your child about the bitcoin you have, so if there is a sudden thing you need for your child then you use bitcoin.
full member
Activity: 420
Merit: 100
December 31, 2017, 06:21:20 AM
Saving something is great to be ready in all circumstances may happen in life.
I think having a bitcoin which is allotted for the future of your children is a great things since raising a child needs a huge financial support; in order to provide all necessary things such as food, shelter and excellent education.
full member
Activity: 1302
Merit: 100
December 29, 2017, 12:21:34 PM
Keeping other physical asset for your children is very easy but storing bitcoin for your children is very risky because the wallet may be hacked before your children grow to maturity so it needs a high level of security consciousness.
Not at all.  Bitcoin is virtual online currency 💱 and it is a simply digit. So i converted Bitcoin as local money and save money in nearby bank for my children.
full member
Activity: 1008
Merit: 101
December 29, 2017, 12:14:35 PM
I think the greatest asset now is to make bitcoin and save it for your children, because it have more advantage over banking money for your children, it can increase within a blink of an eye. Just image someone that bought bitcoin in2008 and store it for his children, how will you classify that investment.
I think it’s a very good idea to start saving for our children’s because bitcoin is very good for future as well as we know that now a days everything is going very expansive so in coming time education is also going to be expansive so we need to save bitcoins for coming time when these children’s become young so we can use it on their education and also they can use it in their future so bitcoin is all in one join bitcoin and save your future.
member
Activity: 306
Merit: 15
December 29, 2017, 03:26:35 AM
Maybe I'll give them my bitcoin to my kids if I'm older, but if I'm not old enough then I give them bitcoin so they can invest and teach how to use bitcoin, I'll teach them if how to do and use.
newbie
Activity: 350
Merit: 0
December 29, 2017, 02:22:00 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's a amusing idea. At 2012 Bitcoin price was $300 now after 6 years its price going to $14000. If I buy some of  my children after 15 or 20 years hope its amusing price. I will try to apply this idea at my own life. Thank you so much for thinking this type of brilliant  idea.
newbie
Activity: 11
Merit: 0
December 29, 2017, 02:17:32 AM
its good but unless your government didn't put your country exchanger under anti money laundering so that to monitor the transaction better forget it!!!!like what happen to malaysia now!!
newbie
Activity: 13
Merit: 0
December 29, 2017, 02:11:26 AM
This thread was very helpful.... Thanks
full member
Activity: 235
Merit: 100
December 29, 2017, 02:09:14 AM
I tried this,   but i was tempted to withdraw to buy other altcoins that was hot that time.
member
Activity: 348
Merit: 10
December 28, 2017, 05:49:51 PM

From now get bitcoin for the others income to use the financial problem especially to familly.If i havve more bitcoin or other extra income i saving that for the future someday of my children.That i using bitcoin for saving.
member
Activity: 280
Merit: 10
December 28, 2017, 04:52:47 PM
Seeing a good prospect of bitcoin for the future does not hurt us to store bitcoin as much as possible because with that we will secure the supplies for our children later, especially now more and more projects are done using bitcoin. It will make bitcoin a top choice for investors even though the risk is proportional to the profit earned.
It’s a very good idea to save bitcoin for your children’s because bitcoin can be use today and tomorrow as well if you start saving of bitcoin today so when your children become you it can help them in their higher education but also it can help them in their practical life so I think everyone must start saving of bitcoin because bitcoin price will be more high in future and it will be more strong then ever so I agree with you that saving is best.
member
Activity: 116
Merit: 10
December 28, 2017, 08:16:48 AM
Exactly my thought, my plan is to keep a hardware wallet in a security box in a bank ... 
full member
Activity: 461
Merit: 101
December 28, 2017, 08:14:55 AM
From me it is a great thing that you use bitcoin in securing the future of your children.
Bitcoin is the best company suited for your investment since they provide a high yield of interest and high security so you are assured that your moeny is in the right hands.
Yes it was definitely a great thing to consider now that your earning a high profitable income in bitcoin. It always a great opportunity to look forward for a good future of your children now that your strong enough and can be able to gain those earnings while your children are still young.
hero member
Activity: 1316
Merit: 502
December 28, 2017, 08:11:56 AM
If we aim to save bitcoin for the child's future, we should make details about the address and key of bitcoin and store safely, write testament to the child about it. So when we're dead, our children can sell the bitcoins we keep safely.
Saving bitcoin for our children is something that I think is unnecessary because we can not know in the future, bitcoin will still be popular or will continue to grow or not, saving bitcoin too long will not bring too much meaning if at the point of the future, the price of bitcoin fell sharply. We should sell bitcoin at an appropriate time, when the price of bitcoin reaches the highest level, it will help us to have some savings for our children in the future, this will be better than holding and waiting in the long run
newbie
Activity: 70
Merit: 0
December 28, 2017, 07:56:31 AM
Im not sure about this. Well for a long run, you may invest in these cryptocurrencies and see if they last long enough and grow exponentially by the time your kids grow up. A person just have to believe that digital currencies will live long.
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