Saving Bitcoins for your Children. - page 63.

Prettyme

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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.

Well this was a great thing to do until there is bitcoin. Since a lot of us here is entering the bitcoin world just to have part time source of income therefore with your income you must save for your future. Saving actually works when you really love to save for your family.

Olena9797

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Haha soon everybody will ask for birthday or new year no presents but to transfer bitcoin on the wallet Grin

But yes, its good investing. Until ur kids become grown, the price will go to the moon

Gumpfire

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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

Well that will be great if you try saving your bitcoins for your children because it will be helpful for their studies when they grow up and you could buy the things that they wanted. You could really save a lot of my from your investment but you should think a good investment and saving strategy for the futurepf your children.

Luckylegs

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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?

legoplayer245

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At this moment I don't have any child, but I'm willing to let them learn about the crypto world one day, even if it dissapear.

Hoganye

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Quote from: Skieleton on December 21, 2017, 04:34:52 PM

Great idea. Three weeks ago, my son was born and I will do it. I have to get ready to earn a BTC for him

.

Haha, good luck! But I recommend you should create target for that Bitcoin amount. Saving Bitcoin is good, but it does not mean you will ignore the opportunity to sell Bitcoin at high price. Example 100,000 dollars or 1 million dollars for that amount, it is better.

nankers

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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

yeah i agree with this opinion.like i do it now,im investment a lof of my money to bitcoin and hope i can I can prosper my family in the future.and for nowlittle result from my investment in bitcoin able to support my family now...

nerverd99

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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 it's a good idea,every parents in the world want to have a great future for their children.
By keeping bitcoin,this could be a provision for their future

NAJISHAs

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Yea.U are very right.i think it a great idea too. Will plan to keep some for my kids.

Geemy

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it's long time invest , it's a very nice idea to the youth to make a good investment and savings

Yur

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i will invest in property or gold than in bitcoin. because i dont know when bitcoin still exist.
in property or gold, every year the value will increase. and they have form.
in our country bitcoin not accepted and i dont it can be invest for long time or not. except the government give clarity of bitcoin

Skieleton

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Great idea. Three weeks ago, my son was born and I will do it. I have to get ready to earn a BTC for him

.

South Park

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Quote from: Hotrod_88 on December 19, 2017, 03:06:34 AM

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 am just a teen ager a student and i have no plans of having any children for this moment of time but saving bitcoins for your childrens will be a great thing because you are thinking for the bright future for your kids and saving bitcoins is a great thing because the value of tour holdings can be worth up to million dollars if ever. But i do not think that i will do that yet because i am gonna save for my self first since i had no children. But i think my children will never gonna get in time that bitcoins is still successful i think there will be a new thing.

Even if you do not plan to have children right now the most likely option is that you are going to want children in the future so you can begin to save for them right now and if you are not sure at least you can begin to save for yourself that way when bitcoin skyrockets you will get great profits.

Walastik

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Bitcoin prices, in general, constantly getting higher and higher. The predictions are being optimistic, and people do not think it will go down anytime soon. People are investing in Bitcoin and leaving it aside, selling their whole properties and possessions to get into Bitcoin game. Would you save your Bitcoin for your children do you think it's not that secure as "real money" savings, real estate or similar things?

edelwiswhite

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In saving bitcoin for your children it's all about seeds and passphrase. Bitcoin is virtual so you can only store it virtually,Paper wallet exist so which ever one you decide to use you will have to safeguard it yourself

Vanshenz

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I am saving for the future savings of my beloved child, so my child in the future already has a savings account of my income.
Because saving is a very good thing to guarantee life in the future ...

Wyne

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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

[/quote
Saving for our children's future is a must that all parents must do. As for me, I choose to save bitcoins even there is no black and white paper or binding documents certifying that I own bitcoin because I believe that no other place of investment can increases its value for 700% for only one year except bitcoin. I'm sure also that my daughter will be beneffitted with my bitcoins because my husband and I wrote our password in a white paper and my daughter knew about it and we kept on reminding her about it that she might use in the future.

19faraon88

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I do prepare and invest bitcoin for the future of my family specially my children. I know btc could change our life.

Casdinyard

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Quote from: ycoin123 on December 20, 2017, 02:00:33 PM

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.

Please do tell me are you satisfy with your investment for your children??

Why not? It's the safest yet surest even though it's just a little but he said he deposited every month so after some years it surely be so valuable.
We will do anything for our family especially to our children just to give them the life that will most comfortable to them and that'll be a big relief to us. Seeing them smiling is the most precious than anything tangible.

Sohailul

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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.

Your idea is awesome. We also need to think same to you. But one problem. If bitcoin price low down. Then we will fall to big loss. If bitcoin price increase. So we will be profitable.

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