Topic: Saving Bitcoins for your Children. - page 83. (Read 24498 times)
Give your children a head start in life by making investments for them now while you have money and while bitcoin is so low. I wish my parents took out investments for me and started saving when I was young. It makes bringing up kids much easier if your finical state is in check.
son of my friend for 10 years old, he saved up money for a smartphone.
I told him "do not buy a smartphone now, but buy bitcoin, and when you finish school you'll buy a sportcar"
.... he does not want to wait ((
Well i believe that saving bitcoin for our chikdren is really a good idea but i think we need to have a big patience in doing such thing because saving bitcoin in a long run maybe needs a great big patience in order to successfully save bitcoin because bitcoin is really has a volatile price that has tend somebody to get panic in every little change of its price. I told him "do not buy a smartphone now, but buy bitcoin, and when you finish school you'll buy a sportcar"
.... he does not want to wait ((
It's a good thought to save bitcoin for really long time. Your children will be proud of you. Maybe i should do the same, but having children first 
son of my friend for 10 years old, he saved up money for a smartphone.
I told him "do not buy a smartphone now, but buy bitcoin, and when you finish school you'll buy a sportcar"
.... he does not want to wait ((
I told him "do not buy a smartphone now, but buy bitcoin, and when you finish school you'll buy a sportcar"
.... he does not want to wait ((
You are very good mate think of future. Bitcoin legacy is also important and good for children. At least you have to teach them before giving them. The simplest way is just write all details and keep it well in some place that only you, your wife and children know. First you have to lock that place. And after we old, give it to children.
In my opinion as a parent, I work so hard that i applied in the corporate world and have a day job, Earning extra cash from bitcoins is a huge help and advantage to other people to sustain our daily needs. Everyone must what's the value of money because it was really hard to earn it.
I am definitely agree with you.
I think this is a great opportunity for the child's future. If you think about the future of your child, then you can buy Bitcoin. And now you have the golden opportunity to buy Bitcoin. Hopefully, your child's sure future.
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. This a great Idea about saving bitcoins for your children. We all are know that bitcoin is high popular in the whole world now. So we can save bitcoin for our children's by investing with bitcoin and holding it.
i think as everyone knows that bitcoin price is at the movement at its peak .which is really great for the investers and users as well.and if we see in the future then we can say that .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 save bitcoin for them as long term investment.. I think that based on the fact that all cryptocurrencies are a high risk assets leaving it for children kinda risky. If you put all your money to bitcoins and after 5 years they will become nothing What shall you do?. So think well if you allow to depend your children's future in such a risk? So my opinion is simple : 10% of the income I can put to bitcoins and leave it. And leave for children just for fun. If it will still exist by the time they can use it - let it be so. If no - I guess that is ok
If you provide 5% of your budget and put this in bitcoin, and if bitcoin price makes 10x growth, at the end you will have 50% of your total salary back as an extra income. This is amazing. We should save it for our kids.
This a great Idea about saving bitcoins for your children. We all are know that bitcoin is high popular in the whole world now. So we can save bitcoin for our children's by investing with bitcoin and holding it.
I think what one should do is to keep proper records of having access to the account and keep aware one or two persons that one trust very well that will do justice in case of the unexpected it's not only applies to bitcoin but to other investments as well
This is really a good idea for all of us here in this community. Its too good to save some bitcoins for the children. But you need to introduce bitcoin to your children to understand it.bitcoin become popular and more valuable day-by-day.if you save some,in future your children can take it and use it properly and make their life more better.
Yes I think this is a good idea.Whatever we do or earn,we do if for our children only.Saving is the best policy to earn money.But introducing bitcoin to our children is a difficult deed.It is very difficult to create interest in anything.The minds of children are not stable so it will be difficult initially.But bitcoin's value is volatile so we cannot say what will happen in future.But definitely I will save some bitcoins for my children. 
I think this is a great opportunity for the child's future. If you think about the future of your child, then you can buy Bitcoin. And now you have the golden opportunity to buy Bitcoin. Hopefully, your child's sure future.
Yes good idea.Many had a plan to save our money for our children's future.So only we are make use or Recurring Deposit for them.But it will give certain percentage of profit.But if you brought a bitcoin with that money and sell that when they grown up means,with that money they can owned a company to run.
I think that based on the fact that all cryptocurrencies are a high risk assets leaving it for children kinda risky. If you put all your money to bitcoins and after 5 years they will become nothing What shall you do?. So think well if you allow to depend your children's future in such a risk? So my opinion is simple : 10% of the income I can put to bitcoins and leave it. And leave for children just for fun. If it will still exist by the time they can use it - let it be so. If no - I guess that is ok
If I could why wouldn't I think that it could help a lot for their future expenses,
And I think that the price of 1 bitcoin would be so high when that time comes.
And I think that the price of 1 bitcoin would be so high when that time comes.
That's a good question! Bitcoin can save for your children. But that can be a bit risky because if you write information, account
passwords for your children, if it's lost or known by someone, you will lose the whole bitcoin. I do not think saving bitcoin for
the children is a good way
passwords for your children, if it's lost or known by someone, you will lose the whole bitcoin. I do not think saving bitcoin for
the children is a good way
I think this is a great opportunity for the child's future. If you think about the future of your child, then you can buy Bitcoin. And now you have the golden opportunity to buy Bitcoin. Hopefully, your child's sure future.
I started thinking of storing bitcoin for my grandchildren but I still doubt whether bitcoin will continue to exist or will be lost in the future.
and now I prefer to move the bitcoin results I get to my local bank
and now I prefer to move the bitcoin results I get to my local bank
It's a risk if you look at it thoroughly. So people like you can't be blamed if you think it's not that secure to have bitcoin for your future. And no one has the right to dictate what you're going to do with your money. If you're comfortable that way by getting your btc savings in the bank, it's your call. It's your children's future anyways so do whatever you think is best
I started thinking of storing bitcoin for my grandchildren but I still doubt whether bitcoin will continue to exist or will be lost in the future.
and now I prefer to move the bitcoin results I get to my local bank
and now I prefer to move the bitcoin results I get to my local bank
This is really a good idea for all of us here in this community. Its too good to save some bitcoins for the children. But you need to introduce bitcoin to your children to understand it.bitcoin become popular and more valuable day-by-day.if you save some,in future your children can take it and use it properly and make their life more better.
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.
In order to have safe savings with bitcoins I will print a wallet paper to be kept and maybe I need to update regularly my savings in my wallet so that I can easily know what is happening then. 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.
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