Saving Bitcoins for your Children. - page 61.

SacriFries11

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Quote from: BlackRock on December 22, 2017, 09:45:28 PM

In my opinion it wise to save some bitcoins for your children because then they don't have to worry in the future about money problems so they can life a happy life witch every parent wants that for their children.

Yes, that's the only thing that parent wants to their children to become happy and choose the right track that they want.
I think the right to do is write the complete details of your wallet information then secure it for a place that no one can access and tell someone that you have keeping an important thing that your children will only allow to used it. We all know that bitcoin has potential to deliver a huge profit if we’re going to keep it so it’s a big help for them especially for their education and other needs so it’s better that we have already make a plan for their future and don’t forget to teach them the right ways to save money.

mersal

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Quote from: zmkriel on December 22, 2017, 09:34:36 PM

It is so me. From the very start that i entered the world of bitcoin and started investing, it is intented for my children's future. My husband and i talked about it. So, what we do is put write down in a paper all the necessary information such as the wallet address, private keys and seed in the paper and hide it in a safety deposit box and only me and my husband knows about it and soon when our children is matured enough to understand then we will let them know also so just incase they already know where their funds is.

Saving bitcoin for future or children is one of the new way to this generation but in future it's price become very low it is not useful for anything but bitcoin in the past few years growing up only so you can definitely make a investment in this.

Jendral Istimewa

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before I save bitcoin, for my use to meet the needs that will come. and see the future so bright. from now on i save some bitcoin for my child. so that later I can make children happy with bitcoin.

jonosutio

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it is good to be done for ayang already have a wife, if I will save for the cost of marrying adan for my son and my life is also naninya.jangan never tell anyone who do you do about bitcoin until the time is very right, I will mempercayaka all that to my future son because he is continuing this job. I spend my daily needs and keep the rest for the future.

RockBar0

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think of a good father. I very much agree. But do not worry too much about the future of kids, babies born with too much money, will not appreciate what they have.

BlackRock

sr. member

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In my opinion it wise to save some bitcoins for your children because then they don't have to worry in the future about money problems so they can life a happy life witch every parent wants that for their children.

zmkriel

full member

Activity: 406

Merit: 105

It is so me. From the very start that i entered the world of bitcoin and started investing, it is intented for my children's future. My husband and i talked about it. So, what we do is put write down in a paper all the necessary information such as the wallet address, private keys and seed in the paper and hide it in a safety deposit box and only me and my husband knows about it and soon when our children is matured enough to understand then we will let them know also so just incase they already know where their funds is.

Pamela Jobelle

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Activity: 154

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if you have your own family and you have kids the most important thing as a parent is to save your child's future. Some other people especially for those parents whoa wants the best for their children they can do everything and anything for their family. Bitcoin is the one of the best recommendation for those parents who needs financial support.

Geoll29

member

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I haven't tried saving bitcoins for my children yet but I think this will be a good idea because if it's giving me good results then my children will also benefit from it.

Dod Ong

full member

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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

I think this idea is good, because if you die some of your bitcoin can use of your children. They can use it to their daily needs or daily expenses. If your children are smart they can use it to invest, to help their expenses like bills, foods or daily needs. I want to save money for my future, because I want to have a prosperous life in the future.

Rath_

legendary

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Saving Bitcoin for your kids isn't a bad idea. I wouldn't be surprised if Bitcoin was worth a few hundred times more than it is today. You could even try saving up Bitcoin for your grandchildren! I think that investing in Bitcoin is the best choice right now. Banks accounts with high interest rate won't give you as huge profit as Bitcoin.

shoaibmahar

newbie

Activity: 33

Merit: 0

Its quite perfect idea to invest in Bitcoin and save for children,Now a days insurance policies also on risk due to inflation companies going to close and if you claim for insurance too many hurdles,But Bitcoin is free from all hurdles.So i suggest to hold for children.

South Park

hero member

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I am terrible at Fantasy Football!!!

Quote from: Semar Mesem on December 20, 2017, 08:57:59 PM

Many people think that bitcoin will always be profitable if we keep for a long time, I hope so too, but we must be realistic that it can not last forever so saving bitcoin for children I think is not right because we never know the future of bitcoin.

We do not know what it is going to happen but the most likely outcome is that bitcoin remains for a long time since bitcoin has all the ingredients that speaks success, governments are going to try to avoid it of course, but it does not matter since at the end they have no control over bitcoin.

ahihi.2020

newbie

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That is good idea but i think eth is better

Silberman

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Quote from: coolstory on December 17, 2017, 10:54:28 AM

Quote from: loof99 on December 17, 2017, 08:33:07 AM

I think it is the best way to do. Saving bitcoins for the sake of the future of your children is the best thing that you should consider.
Through this you are rest assured that someday the future of your children is secure wherein he or she can achieve all dreams in life no matter how hard it is.

Saving bitcoins for your children is a smart idea but how? It's expensive and accumulating bitcoins is hard thing with the security concerns. I don't know what do do. It's hard. If you can do, go ahead for this.

Just buy bitcoin whenever you can, if you think that bitcoin is too expensive then start saving other coins that are cheaper, people are now concentrating a lot on the more expensive coins but ETH a few years ago was really cheap, make an effort to find the next ETH and invest heavily on it you may lose money but if your choice is right you could become a millionaire.

MMA

legendary

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Quote from: yanesna3 on December 22, 2017, 07:01:29 AM

Quote from: Semar Mesem on December 20, 2017, 08:57:59 PM

Many people think that bitcoin will always be profitable if we keep for a long time, I hope so too, but we must be realistic that it can not last forever so saving bitcoin for children I think is not right because we never know the future of bitcoin.

I don’t think that Bitcoin stay the same for a long period of time. Within the time this currency will be transformed maybe legalized, controlled by somebodies and I even couldn’t imagine what will be with the price.

Bitcoin will remain for a long long time. i think it will stay for more than century, therefore i think holding bitcoin for your children is a good idea, at least they will get a good amount of money after some time. Therefore i think it will be profit good and a wise decision if you will hold your bitcoin for some years, because bitcoin price is expected to continue increasing for a long long time.

blue_dragon

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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

Saving bitcoin for future is a good thing that everyone must do. Because if you have an enough saving you dont need to worry about your future and your future family.

wayne_812

newbie

Activity: 71

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that's a good idea. bitcoin will certainly skyrocket!

samputin

sr. member

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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

I do not yet have my own family I am still on my parent’s side. But at this age I am already saving money and of course bitcoin. Why? Because I want to help my family and I also want to secure my future.
My parents know that I already have money because of bitcoin and they also know that I have saved bitcoin but they do not how to get it on their own. I do not give them the addresses, usernames, and passwords but I have one person who trust the most. I gave him all the details. Aside from that I saved the details in a word document. The word document is in my laptop and for back up I also put it in my phone.

Rosilito

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Wish for the rain? Then deal with the mud too.

This probably a good idea that everyone needs to think. But if I were the person I shoud think for the future of us as a whole family because this thoughts of mine will ensure each member of the family. But is also a good idea. But lets talk about first the thoughts of mine, when we save bitcoin for a family in the future it simply saves each of everyone who are part of the family even the pets will be included we cannot assured the kids alone because emergency strikes everything. But when we consider it will be probably be getting low since the money will be divided to each member but when the kids alone it will be pretty much higher.

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