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Topic: Saving Bitcoins for your Children. - page 78. (Read 24498 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 08, 2017, 06:53:55 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
If you want that bitcoin to go to your children you will need to write it down somewhere and put it in a place no one has access to that way only your children will get to access that money if you die, now if you happen to know that you are sick you could give that bitcoin before you pass away avoiding the trouble for them to figure out how to claim your bitcoin.
full member
Activity: 364
Merit: 103
December 08, 2017, 06:16:19 PM
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.
That’s a good idea. Im also thinking of doing the same. It could help them when the time comes for them to be in collage. College is not cheap so i will need a good savings for this matter.
hero member
Activity: 644
Merit: 500
December 08, 2017, 06:13:51 PM
Its verry good portfolio for the future.btc is going up day on day..its looks like a property.. today we invest for btc then in future our children will reward in those .
Your thinking is too wise that we can deliver Bitcoin to our children and they feel proud to see Bitcoin as in their inheritance. Bitcoin should be the best assets for your children. Because Bitcoin is better than gold or any other asset in this time. Bit coin’s price is continuously increasing and one who buys Bitcoin now and will be sell Bitcoin in future. He should be a millionaire in the future by getting too much profit from Bitcoin.
member
Activity: 100
Merit: 13
Work smart, Play hard
December 08, 2017, 05:15:48 AM
If you plan to take on bitcoin as a form of investment, then saving for kids seems to be fine. But as the saying goes; better be safe than sorry. It's not advisable to put in the large portion of savings into bitcoin unless its the profit which have been made. For now, it's best to catch on the trend getting bitcoins Smiley
newbie
Activity: 266
Merit: 0
December 08, 2017, 04:18:29 AM
This is an honest plan, bitcoin can still increase in worth within the future thus if we tend to provide bitcoin to the kid then they will get pleasure from  and good harvest once they are teenagers.
newbie
Activity: 10
Merit: 0
December 08, 2017, 03:55:25 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
saving bitcoin for your children are more better for there future because as you can see the value of bitcoin are increasing. and its good to save bitcoin for the future
newbie
Activity: 7
Merit: 0
December 08, 2017, 03:34:04 AM
Be careful about your privacy. If only a few numbers are leaked, you may lose all of your bit coins.
full member
Activity: 122
Merit: 100
December 07, 2017, 06:13:13 PM
I think the accumulation of bitcoins for my kids now is not appropriate. bitcoin is virtual currency, its value is unstable, its future is uncertain, our government will ban it in the future, if i accumulate bitcoin for long time i will lose it all.
full member
Activity: 308
Merit: 108
December 07, 2017, 06:06:33 PM
It is a good idea for users here in bitcoin to rely on it on financial aspect, but we must not forget that it is still risky, we won't know when it will rise or fall again. Bitcoin's price is really unexpected nowadays. Saving bitcoins for our children is a good way to save because there's a chance that the money that you have saved will be higher.
legendary
Activity: 2534
Merit: 1338
December 07, 2017, 06:00:42 PM
Invest not only in bitcoin but also in the top 10 currencies. Capitalization is growing at a frantic pace for 330 billion. Your children in the future will be grateful for you, now many large companies to think over introduction of the payment system bitcoin.
That seems like the right advice but at the same time, we should not invest in projects we do no understand or in projects in which we do not believe in, for example out of the top ten coins I will not invest in bitcoin cash, I'm still holding the airdrop I got on august first but that is all, and I will also avoid bitcoin gold and ripple the rest seems like good projects to me.
newbie
Activity: 98
Merit: 0
December 07, 2017, 04:45:58 PM
I apologize if I write something that maybe there is a higher one, since I have not read everything. Yes, this is a very good idea, but that if everything collapses, it's better to store for the future in some other currency, in the same USD, the cache grows, but once it ends, and the lack of understanding what will happen next.
sr. member
Activity: 588
Merit: 251
HELENA
December 07, 2017, 04:38:30 PM
I have 8 bitcoins saved for my kids.  Well my future kids since I don't have any right now. I am hoping it will help them start up their life well after they get out of school.

Well, that's good for you and your children as well. You already have your savings for their future. Your children are very lucky because of a very responsible parent like you.
member
Activity: 252
Merit: 14
Marketplace for sensor data
December 07, 2017, 04:27:33 PM
I think it's good idea. LOL. Maybe in the future when our children growth up, Bitcoin has been legalize all over the world already and 1 BTC will worth about 1m$ or maybe more. Cheesy. But the problem is which wallet we should use to keep our Bitcoin for a long time? Do you think all the wallet we are using at the moment will active for next 50 or 60 years?
full member
Activity: 252
Merit: 100
December 07, 2017, 04:24:09 PM
Yes i think investing in bitcoins for children would not be that hard and even our next generation can be a financially strong family due to bitcoins. Also we know that the price is in the increasing rate, even a small amount of bitcoins can be of worth in future like saving 1000$ now will perhaps be 1000000$ in future.
newbie
Activity: 184
Merit: 0
December 07, 2017, 04:21:47 PM
Yes it is really great thing to do.. It will definitely help to your children..Of course we can holding a bitcoin for the future use for children.. It is also like a other asset such as gold,real estate and so on.. More than that it is better investment than another thing..But you should hold a bitcoin with safe wallet.. Because some wallets can hack by hackers.. So we should completely Know about wallet whether it is safe or not..
Yes I agree with you it’s a very good idea to keep save bitcoin for kids because in coming time education is also going to very expansive and bitcoin is one of the best currency for future also so this saving can help children in their future they can do their higher education or they can use it for their some other work so I wish that everyone will start saving of bitcoin for their children future and also we must start to save it for ourselves.
full member
Activity: 554
Merit: 100
December 07, 2017, 09:18:31 AM
Im saving bitcoin not only for my child but for my future wedding or we should say for my future family im investing her in bitcoin to earn and have an income and when im earn 20 to 30 percent of my income was in bank but the rest was  in the investment to prepare for the future because if you are saving it is easy for you to buy and provide what they needs.
sr. member
Activity: 409
Merit: 250
December 07, 2017, 09:13:30 AM
Yes it is really great thing to do.. It will definitely help to your children..Of course we can holding a bitcoin for the future use for children.. It is also like a other asset such as gold,real estate and so on.. More than that it is better investment than another thing..But you should hold a bitcoin with safe wallet.. Because some wallets can hack by hackers.. So we should completely Know about wallet whether it is safe or not..
jr. member
Activity: 47
Merit: 10
December 07, 2017, 04:00:25 AM
yes,i will save Bitcoin for my child and earn it from Bitcoin earnings.
i also plan to save Bitcoin to buy a motorcycle of my dreams and buy a house,but it is not easy and long. so i think i will save it from now and I also invest Bitcoin,hold it in the long run so it can save the profits from the investment.
member
Activity: 132
Merit: 11
Streamity Decentralized cryptocurrency exchange
December 07, 2017, 03:37:55 AM
As much as you save your money in the banks, in real estate or in stocks, I suggest that you should invest more in bitcoin for the future of your children. I believe that there will come a time when BTC will replace our current money and may require you to exchange it with bitcoin, by then the price of BTC is so high that you will be able to buy some few bitcoin, I think that we should invest now and just hold our bitcoin for the future.
newbie
Activity: 83
Merit: 0
December 07, 2017, 01:48:34 AM
That would be a good approach for your children’s future. Saving bitcoin now is a good move because of increasing value and demand.
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