Saving Bitcoins for your Children. - page 62.

yanesna3

full member

Activity: 504

Merit: 100

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.

wail3Bahwu

member

Activity: 142

Merit: 10

not good you can start real investment with 16,000$ and make good real investment better than just hold your money and keep it.

if you have no time it is good

ClumsySmile45

newbie

Activity: 73

Merit: 0

There is uncertainty in bitcoin. If you are going to save something for your children it better not be bitcoin. I think, with your bitcoin buy gold or any physical investment. That way you're sure there is a good future for them.

haster100

member

Activity: 154

Merit: 10

It depends on how old you are. Probably, if you take care of 1 bitcoin for your children and think that it will be in 10 years, perhaps it will bring you a lot of money.

spasmadness

jr. member

Activity: 55

Merit: 10

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'm still a kid myself, If I success in the crypto world definitely willing to hold some for them.

GalahadSeika

full member

Activity: 179

Merit: 100

This is a very intriguing idea you got here investing for his/her children is what good parents will think right away but combining it with bitcoin its just wow. I could careless what if me and my wife do that too and our children will benefit for it. However if I am gonna do what you are planning to do maybe I'll leave a letter for them or video and instructions on how to reach my state so that they could continue my legacy of bitconing.

TechBullion

jr. member

Activity: 51

Merit: 10

[The idea is good. I think In order to minimize risk 1 BTC is okay. The rest should be saved in FIAT currency.

bentong talong

full member

Activity: 383

Merit: 100

🚀🚀 ATHERO.IO 🚀🚀

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

Time will come where we'll leave this world behind and all of our existing properties is needed to be handled by our close relatives or our children. Bitcoin I think hasn't solved this matter yet and it would really be a great thing if ever things changes and managed. It would be a great thing if all the hard works and efforts you've spent in your life will be paid even after living.

KrisAlex18

full member

Activity: 742

Merit: 160

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 also want to find out about this matter because this is important considering the fact that you can die anytime and the wealth you have collected should go to your children if ever. It would really be a great thing if ever someone has made a way on how some of your children can access your earning so that they can use it in supporting their daily needs. In my case, I am working hard because I know time will come where I'll have my own children and we'll need financial support.

imasiranda

newbie

Activity: 11

Merit: 0

Yes sure actually I am really doing it, spending 50$ month buying bitcoin for saving purposes. when my daughter will be 18 years old she sure Will be rich

prieaji

full member

Activity: 152

Merit: 100

never give children too much money so they can use money well, want to raise them in a way that teaches them to work well and intelligently. Therefore I am not saving BTC for my children. with little allowance can give them their own safe surroundings.

spiderm4n15

member

Activity: 168

Merit: 15

if you invest to your children dont invest in bitcoin or crypto's
because the price of crypto's is fluctuate, be better invest in stock or deposit

Pintasak

member

Activity: 140

Merit: 10

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

Yes its good investing and saving it for our children and for there future.Everything they might need can surely provide them.

johnpaul12

newbie

Activity: 12

Merit: 0

It's very good decision in saving bitcoins for our children or for our future. especially when we are getting old. We could save a lot of bitcoins. If we wouldn't waste it for nothing. We can turn our bitcoins to paper money for the future.

ivanst776

legendary

Activity: 1540

Merit: 1003

Quote from: Luckylegs on December 21, 2017, 05:57:58 PM

Saving the bitcoin details in a last will sounds like a good idea. I suppose it would make it difficult to access if I wanted it for any reason, such as maybe diversifying in the future? I think some clear instructions would also need to be included on what my kids will need to do to use bitcoin. Even if they are not interested in it's use, then I guess the accountant/solicitor would be able to advise?

With the current trend of crypto's I would say that a single bitcoin would be enough for the future, when I say this I mean in a very long term (10-20 years from now) and I believe that bitcoin will have a much higher value that it has now, it has a great potential, and we hope that new "updates" will be in the bitcoin and blockchain so it would be easier to use for everyone in the world.

VenessaShillerqzx

member

Activity: 111

Merit: 10

Who are want to open or deposit their fund for their children for future they should invest in bitcoin for long term suitable investment.

Awraawra

full member

Activity: 338

Merit: 102

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 still do not have children,but saving bitcoin for me is good,because i have my parents and my brothers to help them for there needs.i want to earn a lot of bitcoin for us,for our future...

sampalokmix

full member

Activity: 315

Merit: 100

Investing in the future development of blockchain

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

Well, that was really possible making an investment or savings for the future of your children. What the main problem in it will be the price rate if it will continue to pump or it will be a useless saving in the future. But, I do hope that it will go out in the positive manner. As bitcoin continues to make a way raising its price in the market, making a saving wiith it will be beneficial specially talking about the future sake wherein the price might grow up into a larger one.

Clark05

sr. member

Activity: 1274

Merit: 263

Saving bitcoin for your children is good and that help to them for their future incase that you become death or gone. But here's the thing even you save bitcoin for your children if the bitcoin die your safe become useless. Better if you save only some bitcoin and other money will be in the bank to make sure ts safe for any losing and your money will stable and will not decrease.

joan26

member

Activity: 168

Merit: 10

I'd like to invest bitcoins for them but not that much, I will invest what I can afford to lose because bitcoins is just a digital currency, who knows what will happen in the future.

When bitcoins is still exist or not..
Who knows bitcoins price after 10 to 20 years at least I've still try to invest for them in bitcoins.

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