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Topic: Saving Bitcoins for your Children. - page 72. (Read 24497 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 15, 2017, 06:42:42 PM
when my children grow up, it is most likely not bitcoin, and another asset will be in price

Bitcoin has been the top coin since the beginning and it is looking less and less likely that bitcoin is going to be displaced and if bitcoin gets popular before other coin comes the chances another coin is going to replace bitcoin are going to be smaller, that is why many of us are invested in bitcoin because we believe bitcoin is the coin of the future.
sr. member
Activity: 547
Merit: 253
December 15, 2017, 04:57:36 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

Well, That's a good idea. Much better if we will invest in bitcoin rather than any bank that is requiring you to put your money in a bank. In bitcoin, You can earn Bitcoin by many things. If you don't have any bitcoin, you can mine and join signature campaigns. They are not requiring you to have any Bitcoins that you will invest in their sites. And if you already get your profit, Invest it. Earn and Invest. And i know that in future, Bitcoin will increase up to $30,000 and it is a great opportunity for us, as a Bitcoin earners and investors. Our children will be benefited for this our great works.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 15, 2017, 04:44:40 PM
I'm not planning on saving bitcoin for my children, this is because bitcoin is too volatile and there is no 100% guarantee that the price will be higher than it is now, I will regret if the bitcoin saving and its value someday not more than $ 1000.
The chances of that happening are extremely low, so you are denying your children and yourself the opportunity to earn a lot of money just because there is a chance you lose money, if everyone thought like that then no one will invest in stocks or in bonds.
full member
Activity: 406
Merit: 100
December 14, 2017, 10:51:05 PM
Saving bitcoin for our children is very important. And you should have a capital. And you must also have all the financial details you have listed and you should also know how many percent you will use. And for your children we must save for their future as well  those they need in school and when touring. And for your accounts here in bitcoin you will have to heritage for them and he will continue when you grow old.
Saving Bitcoins for children is like giving an asset for the future, but we will have to educate our children's how to use the BC and uses of it, without giving correct information about the BC it's of no use to save for the future.
sr. member
Activity: 424
Merit: 250
December 14, 2017, 09:09:59 PM
Of course this is a good thing to invest in any case for our child in the future, so they can get what they need in the future, so I think it's a great idea ...
yes really, investment is from now for our children so they can fulfil their needs. we can not continue to work because of the age factor that continues to grow hence investment is a very good thing.
member
Activity: 119
Merit: 100
December 14, 2017, 08:11:45 PM
Bitcoin nowadays is making a great pic and it price is so hard to believe, and i think that its value is going to be much more higher than now because people are investing day and night, others are trading and holding.. all this take us to the idea of the futur of bitcoin which is the futur of our children.
sr. member
Activity: 854
Merit: 281
December 14, 2017, 08:07:46 PM
There could be a rocky road ahead, but it's possible in 2030 or 2040 bitcoin will be $1 million or more in value. In the long run blockchain is here to stay. Perhaps more conservative investors can hedge or diversify with other assets to pass on to their children.
sr. member
Activity: 1428
Merit: 252
December 14, 2017, 11:39:10 AM
Saving bitcoin for children is an interesting idea, we will give them a very valuable heritage because if they grow up they will become rich people, I will do that so make my children happy.
legendary
Activity: 2982
Merit: 1028
December 14, 2017, 11:14:02 AM
Well your problem is easy to solve. First off if you really don't want to give your details or share Bitcoin before you die your kind will benefit your Bitcoins by form of last will and testament with this mode you sure that your details and passwords will be safely and confidentialy  passed down to your family. The attorneys who will handle your last will and testament are duty bound and sworn to deliver your wealth to your family in the event you die.
That's the proper way dealing with that, if you really wanted to make sure that everything will be settled properly then make sure that you have a proper
attorney person that you can trust, this last will of testament will give everything to your family in your behalf after you die.
hero member
Activity: 983
Merit: 502
December 14, 2017, 11:10:57 AM
Of course this is a good thing to invest in any case for our child in the future, so they can get what they need in the future, so I think it's a great idea ...
hero member
Activity: 1568
Merit: 502
December 14, 2017, 11:08:05 AM
Yes children are future of tomorrow. And as Bitcoin is future money we must have to think for better and stable future of our children. In coming generation price of bitcoins will be much higher according to current requirement, supply and speed of generation.

Today's investment for children future, can give satisfactory outcome with big ROI in future.
sr. member
Activity: 546
Merit: 255
December 14, 2017, 11:03:20 AM
This doesn't even makes sense. At the end of the day what you have will all be owned by your children (in most cases) . I am not saying that don't save Bitcoins , I'm just saying that just don't add the name of your children while doing so. Infact now the children are earning Bitcoin and gifting stuffs to their parents. I have seen many college students do so . Bitcoin is pretty famous among college students who need money for stuffs which they can't potentially ask their parents.
hero member
Activity: 1806
Merit: 672
December 14, 2017, 10:58:11 AM
Well your problem is easy to solve. First off if you really don't want to give your details or share Bitcoin before you die your kind will benefit your Bitcoins by form of last will and testament with this mode you sure that your details and passwords will be safely and confidentialy  passed down to your family. The attorneys who will handle your last will and testament are duty bound and sworn to deliver your wealth to your family in the event you die.
sr. member
Activity: 966
Merit: 274
December 14, 2017, 10:47:07 AM
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.
If you want to save Bitcoins for the future of your children. Consider the length of time you will save your bitcoin. You may do it not for a very long period of time. Try to save it while investing on it. Monitor the constant changing on its value to avoid regrets, since bitcoin, unlike other insurance firm do not have bond written in documents. Always remember to be one step ahead in making a decision, specially for our children 's future.
member
Activity: 434
Merit: 10
December 14, 2017, 10:37:06 AM
Saving bitcoins for children? I think it is a good idea for me But I can not do that because every time Bitcoin increases I sell them again Sad
member
Activity: 94
Merit: 10
December 14, 2017, 10:32:10 AM
It's a great idea, make for the future of our children, it is done by all parents, in a different way. By way of saving bitcoin or investment for the future of children, and taken when our children are adults.
full member
Activity: 276
Merit: 100
December 14, 2017, 10:26:12 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
It is essential and necessary to anyone who ones something that let there children to inherit it. As a bitcoin user you should save for your children. Create a separate account wherein that is for your future. Save for them because someday bitcoin will be used as an international currency.
member
Activity: 98
Merit: 10
December 14, 2017, 10:15:28 AM
saving yes but allow my child to use bitcoin No.

it’s good idea and must have wallet open it when be +18
full member
Activity: 518
Merit: 100
December 14, 2017, 10:05:38 AM
this is a good idea for our children. I will try to save for my children and they will be born in the world of bitcoin. as they grow older with savings for the future
member
Activity: 140
Merit: 10
Feeling Relax in Underpressure
December 14, 2017, 10:04:00 AM
My personal advice  saving alter coins is better than Bit coin. Because BTC price is very high now, (16547$) So buy and hold less than 1$.Read white paper,Roadmap and analyse marketing team before buy any coins. Anyway investing Cryptocurrency is best than saving banking.
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