Saving Bitcoins for your Children. - page 74.

missyqt29

member

Activity: 434

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

Saving bitcoin is a good way to secure the financial support of yor children in the future. But since the government has no bounds in cryptocurrency it's hard to estimate what can the law do for you. It's your property so it must be passed on your kin when you die. But the necessary info to access it us private unless you write it.

SummonKing2

full member

Activity: 210

Merit: 128

Yes sure actually I am really doing it, spending my whole hours to build money to buy bitcoin for saving purposes when my daughter will be 18 she sure Will be rich! I hope but I am sure Will be richer then investing in some investment compony.

shouter

full member

Activity: 336

Merit: 100

Quote from: Turk Ace on December 11, 2017, 02:25:14 PM

Quote from: shouter on December 11, 2017, 01:56:14 PM

I have a daughter, she is my only heir. We do not know what will can happen to us the next day, thinking about it, I created a document containing all my passwords (key words) from my wallets, which filed along with some personal documents. My daughter has knowledge of these documents and I have talked a lot with her about what it is, and how to use bitcoin.

How old is she? Tell her to invest in some Bitcoin and work for some. Keep her Bitcoin safe and she will thank you one day. You will look back to this day and smile.

Good luck to you.

She is 20 years old. She's a student in production engineering, and I'm sure she'll know what to do with wallet balances. I think the wallet is very well protected.
Thanks for the suggestion, I'll tell her.

Turk Ace

sr. member

Activity: 360

Merit: 251

Quote from: shouter on December 11, 2017, 01:56:14 PM

I have a daughter, she is my only heir. We do not know what will can happen to us the next day, thinking about it, I created a document containing all my passwords (key words) from my wallets, which filed along with some personal documents. My daughter has knowledge of these documents and I have talked a lot with her about what it is, and how to use bitcoin.

How old is she? Tell her to invest in some Bitcoin and work for some. Keep her Bitcoin safe and she will thank you one day. You will look back to this day and smile.

Good luck to you.

shouter

full member

Activity: 336

Merit: 100

I have a daughter, she is my only heir. We do not know what will can happen to us the next day, thinking about it, I created a document containing all my passwords (key words) from my wallets, which filed along with some personal documents. My daughter has knowledge of these documents and I have talked a lot with her about what it is, and how to use bitcoin.

hynext

full member

Activity: 350

Merit: 105

This is a good idea that we save our bitcoin to our children. Yes, I will be saving bitcoin for my family this is one of many reasons that I work for and to earn small amount of bitcoin. I gues I'm not the only father here, we want our children grow without problem of money. So be it, I will save bitcoin!

swaptaker

full member

Activity: 187

Merit: 100

Quote from: coinholic on December 10, 2017, 07:43:59 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

Saving Bitcoins for our kids would be a wise thing to do. Bitcoin price will keep on soaring for the coming years. So having some Bitcoins in our stash will be beneficial for us and our kids' future.

Saving is generally a good thing for your family and future. We don't have life guarantee, we can get fired from our jobs, we can't get retirement compenstation etc.

Here, savings comes up and they save our life. That's why we can leave bitcoins for our chidren.

jhuliacrysty

newbie

Activity: 41

Merit: 0

very good idea, my suggestion is you should keep your important document in another device that is guaranteed safe and not ruaak until your child is big later, if it is time you stay hereded and teach it about this so that your child does not mired in the wrong hole.
maybe this could be an inspiration as well for myself I have to set aside for me to pass down to my son later.

andamers

member

Activity: 104

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 start think bitcoin will effect to my kids future.

will try to make hardware wallet with 1 bitcoin for every kid

jam22

full member

Activity: 198

Merit: 100

Quote from: ?? on ??

I trust it's a good deal to keep some Bitcoins for my child, just buy it each month for a little, and while she grow up, I do think it will be useful.

Yes it will be useful in the near future for the children that we are investing in bitcoin.

jam22

full member

Activity: 198

Merit: 100

I think it is a good idea to invest in bitcoin for our children cause in the future the bitcoin will just keep on increasing.

Astermony

full member

Activity: 373

Merit: 100

Quote from: bug.lady on December 11, 2017, 02:07:45 AM

Quote from: coinholic on December 10, 2017, 07:43:59 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

Saving Bitcoins for our kids would be a wise thing to do. Bitcoin price will keep on soaring for the coming years. So having some Bitcoins in our stash will be beneficial for us and our kids' future.

Actually now I am thinking that if you earn enough money from bitcoin short time (short=3-5 years) than it doesn't make much sense to keep bitcoin for your children. You will just pass over the earnings from bitcoin to your children

But I guess even if bitcoin last a short period of time but I guess it will be good for us and for our future children. Why I say so? because as you can see right now, bitcoin's price continue to increase like nobody cant control this, so It will be good to save this for our future children. Yes we can keep it, or the perfect word to say is we can save it because saving it last a long period of time, so it doesn't mean that if we will keep it, we will pass over this to our children, No because keeping bitcoin is saving it, so it means that if we will keep this then I guess we will earn such a huge amount of money where our future children were use this on their living someday.

jess04

member

Activity: 336

Merit: 10

That's good for your child because can give them a great and bright future that's good if you saving a bitcoin to your child and bitcoin can helped us.

Ruri Kurosaki

newbie

Activity: 29

Merit: 0

I thnk .. That's good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.

bug.lady

member

Activity: 196

Merit: 23

Large scale, green crypto mining ICO

Quote from: coinholic on December 10, 2017, 07:43:59 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

Saving Bitcoins for our kids would be a wise thing to do. Bitcoin price will keep on soaring for the coming years. So having some Bitcoins in our stash will be beneficial for us and our kids' future.

Actually now I am thinking that if you earn enough money from bitcoin short time (short=3-5 years) than it doesn't make much sense to keep bitcoin for your children. You will just pass over the earnings from bitcoin to your children

coinholic

full member

Activity: 518

Merit: 101

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 Bitcoins for our kids would be a wise thing to do. Bitcoin price will keep on soaring for the coming years. So having some Bitcoins in our stash will be beneficial for us and our kids' future.

Dapper

sr. member

Activity: 560

Merit: 260

Well, it's probably to make sure you already have a standard fiat education fund for them, some real estate, gold, and then some bitcoins and other cryptocurrencies to top it off.

Chainblock

full member

Activity: 168

Merit: 102

This is a good idea. It is like the way you invest in a jewelry or in a gold. Every moment bitcoin's value is getting high how more the value of your bitcoin 15 to 20 years from now.

ipsum100

full member

Activity: 168

Merit: 100

I think it's good as long as you also learn the protocol and get involved in the community. Because if not it will be a gift with only economic value.

Dark Sky

member

Activity: 420

Merit: 10

Quote from: Kabul on December 10, 2017, 06:26:52 AM

Quote from: Nisansala on December 09, 2017, 07:57:57 PM

buy and hold XRP, SIA & ELECTRONIUM for your children. i'm pretty sure they will treated u like a god.

I do not think that they are good enough for our future. Ethereum is better. It is the biggest god in the cryptocurrency world. Everything they have is better than other coins. It can replace bitcoin in the future, too. Mark my words

We can save bitcoin for our family if bitcoin will work in future and I wish bitcoin will work for future because every body want to more benefits from bitcoin and every body want to save bitcoin for their future, but if we earn money from bitcoin and then start any business from this money so we can save our family's future specially for our children .

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