Saving Bitcoins for your Children. - page 87.

ozm0823

member

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Merit: 10

Borderless for People, Frictionless for Banks

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 would put one bitcoin on a side for his future. I am sure he will be appreciate for it.

netflixnchill

newbie

Activity: 33

Merit: 0

Saving bitcoin for your future children is a pretty good idea and good thing to do but we need to be careful and be secure. We may not know but there is actually chances that the bitcoin that you are going to save might be hacked. Let's also not forget that bitcoin may increase or decrease in the future so we need to be ready for the risks that may happen

Panda_Pendek

jr. member

Activity: 134

Merit: 1

For anticipation I made a small note to my spouse about my bitcoin savings along with his links and keywords. And later if my child is an adult, my partner will explain how to access and continue my bitcoin business

Maureenjoy

jr. member

Activity: 50

Merit: 10

I joined bitcoin because I saw that it is expanding and they are gaining even more, and many have already joined here including my friends so I was encouraged to do so. Like in my case I have two kids I need to think of more ways on how I can save for their future. And when I was given the opportunity to join bitcoin I grabbed it because it will place a big part for me and my family in the near future.

Juliedarwin

full member

Activity: 462

Merit: 100

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.

I do keep myself and specially to my two kids also. I keep money for them just for the educational allowances. And for the near future for them to have. I treat bitcoin as the best investment in all currency as I've known.

zhea

full member

Activity: 560

Merit: 101

As a single mom this is a very good idea. Definitely I will save my bitcoins for my children future. This will really help me a lot specially in their education. We all know that it is very hard to provide your kids specially in my case because I don't have a husband that helps me providing the needs of our children. That's why if given a chance to earn here it will probably for my children.

Glorypaasa

full member

Activity: 420

Merit: 100

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'm still a student so i want to save my bitcoins and hold it until the time that i have own family i want to reserve my bitcoins for my future and for my future children to live much better and well and i know that someday i will become rich by investing in bitcoin.

Md Saad

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Activity: 584

Merit: 256

Quote from: gudrun on November 27, 2017, 09:02:50 PM

I think my kids can not use bitcoin. Bitcoin can be used in the next few years, but as I grew up my baby. Bitcoin can be replaced by another coin

I don't know how you can explain your argument? who told you that type of freaky thing? Do you know the current situation of digital market? I think you don't have any idea about this issue.
Day by day Bitcoin is getting accepted and Available every corner of the world. Hopefully, Bitcoin is going to be the most dominant currency in future So you can save some Bitcoin for your children for the future purpose.

Pamela Jobelle

member

Activity: 154

Merit: 10

Bitcoin as an investment is a real thing especially if you have your own family. It's a big help as a totally SUPPORT or minor support to your salary expenses. Giving your kid's financial needs is not an easy thing providing their need especially if you have more than one kid.

pacoquiche

newbie

Activity: 15

Merit: 0

Part of my btc, i transfer to my children account in the bank. In 5 or six years I will tell him about it. He will feel happy, I'm sure.

gudrun

member

Activity: 252

Merit: 10

I think my kids can not use bitcoin. Bitcoin can be used in the next few years, but as I grew up my baby. Bitcoin can be replaced by another coin

browder07

newbie

Activity: 39

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They will not be bitcoin beneficiaries. Because bitcoin can be replaced. Bitcoins can not survive for several decades. There will definitely be a coin found to replace bitcoin

sarmrakib

full member

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Vave.com

Yes its a good idea and better be to save bitcoin for future of the children. Businesses, investment is always risky. You just mention about real estate and so other business but it always safe to do investment on bitcoin than other. Just think one day bitcoin was nothing but now it is going to touch 10000$. In the future where it can go no one predict this bit it will go up for sure.Like real business has different documents and papers as well like that bitcoin has password, pk, email authentication it will keep your account safe like reality. So it always to be a good suggestion to save few bitcoin for your children it may make them shine.

TiffanyLien23

full member

Activity: 350

Merit: 107

If you save 1 btc for your child for his or her future, it will be the biggest help for your child and also for you to have your child a better future. It is also the biggest investment as you can see physically.

hype

member

Activity: 121

Merit: 10

Share's you're Blessings !!!!!

it's a good idea to save some bitcoin for the children for their future but most of children want to play and they not take it seriously even when they grow we can't force them to use bitcoin because some of people want a job that can give them fun or happiness.

QQ224466

newbie

Activity: 3

Merit: 0

Bitcoin is a good idea because you do not know how much money you will have in 10 years, which may bring wealth to our children.

MOBSSTER

member

Activity: 111

Merit: 10

Once upon the time my parents saved money on the bank account. And then bank collapsed Embarrassed

CryptoProcent

member

Activity: 291

Merit: 12

It is a good time to accumulate bitcoin for the future of the entire family. Kids are the first to enjoy the benefits of bitcoin growth. The opportunity to study, to start a business, a good home can be supported by the bitcoins we keep today.

landolazaro

newbie

Activity: 6

Merit: 0

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

One reason why i earn and invest in bitcoin is for my future purposes that also includes my future children. I will need a lot fo money for my future children so that i can give them a better life. About the password youre talking about, you can still be the one to withdraw your money that you will use.

Bakemat

sr. member

Activity: 779

Merit: 250

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

You have a point there so i think if you in have already enough savings it think buy what your children or family needed and what they want then try to put some in banks. Saving for your children and family is a good so that in thr future you will not be needed to worry on their financial problems if they have savings. Also investing in Bitcoin has advantage and benefits for you and also to your family but it also has disadvantages.

Topic: Saving Bitcoins for your Children. - page 87. (Read 24498 times)