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Topic: Saving Bitcoins for your Children. - page 90. (Read 24498 times)

sr. member
Activity: 434
Merit: 250
November 25, 2017, 04:53:09 PM
Bitcoin is a good investment for a long turn it's a very good idea to save some for ur children  but be aware abt the readings coz bitcoin is not stable it can go sky high in a day and Downfall the next
You are right mate, bitcoin price is very fluctuate, so it's right that is risky, but we all know that bitcoin price increase over the years, and if the price decrease, it will return more powerful. So the chance to make profit in the future is too high, We can consider bitcoin is a very great opportunity for people to invest on it, for their childrens or for themselves.
hero member
Activity: 700
Merit: 500
November 25, 2017, 04:47:36 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

Writing down the address, saving a wallet file + private key with multiple backups onto a USB or External HDD, putting a paper wallet in a bank safety deposit box is also a good idea.

I don't think it costs too much money to have a small bank safety deposit box, and I believe it is also insured for a certain amount too. Might be a good idea for that.
member
Activity: 719
Merit: 10
ORBIS PLATFORM
November 25, 2017, 03:39:34 PM
I think it's a great idea to set up bitcoin for kids too. But after the transfer of the wallet, I will receive money from his wallet, then create another bank account. To save it.
member
Activity: 112
Merit: 10
November 25, 2017, 03:29:28 PM
Bitcoin is a good investment for a long turn it's a very good idea to save some for ur children  but be aware abt the readings coz bitcoin is not stable it can go sky high in a day and Downfall the next
full member
Activity: 203
Merit: 100
🤖UBEX.COM 🤖
November 25, 2017, 03:19:37 PM
Why people who sell bitcoin is not a stupid question, this is a good question, why it is sold why not get caught, back to that person maybe because of the need or maybe the person is not working and has no income for his life. And it could be because many hackers are afraid of being stolen, in my opinion, if the big result is half saved and half please sold. Smiley
full member
Activity: 203
Merit: 100
🤖UBEX.COM 🤖
November 25, 2017, 03:08:37 PM
The family is everything so if we work of course the proceeds for the family for their school fees and their future, and bitcoin is a very promising future. My savings in the wallet on behalf of my child if something happens it belongs to my son gan Smiley
member
Activity: 269
Merit: 12
we're Radio, online!
November 25, 2017, 03:01:38 PM
Yes I will save bitcoin instead of realties or other things or money, because bitcoin is increasing its value everyday not like real state its per annum or more or in the money in the bank thats increase little amount every year so if saving for my childs future il save bitcoin if 3 or 5 years later it would be a big amount of money that I can give to my child.
newbie
Activity: 21
Merit: 0
November 25, 2017, 02:21:33 PM
Its too good to save some bitcoins for the children,but in my opinion as it transfer to wallet,we have ta recieve that money from wallet and then store in another bank account,because the bitcoin rate fluctuate day by day.

its great for me is better to collect your money in the bank for security purposes, if i am earning were in bitcoin i will save also for my kids, for their education and same expenses.
bs9
full member
Activity: 154
Merit: 100
November 25, 2017, 01:33:08 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
Bitcoin is most securied wallet .Nodoby cannot hack your account until you give him your private key.Sometimes hacker send many spam mail and phising site link,be carefull.Its good decesion to save bitcoin for children .Bitcoin price now increasing day by day so buy and hold.
newbie
Activity: 20
Merit: 0
November 25, 2017, 01:17:24 PM
I love my kids, i want to make them rich.bitcoin is my investment and it can exchange anytime.
newbie
Activity: 55
Merit: 0
November 25, 2017, 01:12:15 PM
It's a nice idiea of our life .we want save mouny for our children,so why not bitcoin.when i will become a father then i will must do for my children.thank you for this great idea.
member
Activity: 84
Merit: 10
November 25, 2017, 01:05:39 PM
You can write down the seed words to the wallet that holds the coins and send them to separate lawyers/deposit boxes or to some other supports you think are suitable.
You can give more information about the deposit boxes
newbie
Activity: 23
Merit: 0
November 25, 2017, 01:01:58 PM
I have two children,i want to give better future for them.bitcoin is best option for getting profits.i will invest on bitcoin.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
November 25, 2017, 12:59:59 PM
There's nothing like the document kind of things when it come to bitcoin and there's no business investment or organization you can join in other  to investment for the future of your children or else you be scam. However, I will suggest you get a paper wallet and have the password/seed of the wallet save in a save deposit box in other to keep the bitcoin for the future of your children.

That's the only things you can do mate.
jr. member
Activity: 50
Merit: 10
November 25, 2017, 11:42:53 AM
I consider bitcoin as bank for storing money for the usage to the upcoming generation of myself.

I do believe that the near future, bitcoins as the most used online banking crypto and trading medium.
It'll become the most trendy worldwide that the copy of ourselves use it for further earnings.

#MorePower
#Thoughts
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
November 25, 2017, 08:03:48 AM
what I say about bitcoin is a great help to my kids so I can give you a good life and tomorrow
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
November 24, 2017, 11:09:40 PM
Nowadays, there is also a need for money for children, because the bitcoin price is high and you need to make a bitcoin. It's okay to hold it and wait for it to grow because it's really hard for you too. the bitcoin accumulation is especially high and the price is too high for you to lose it immediately and you lose the bitcoin you bought the way to earn bitcoin and join various campaigns in this campaign.
newbie
Activity: 48
Merit: 0
November 24, 2017, 10:51:13 PM
if bitcoin for children is a good idea for parents who already have children what else to face the economy in the future
member
Activity: 245
Merit: 10
November 24, 2017, 10:39:35 PM
This is good. Saving bitcoin for children is a good investment for your child when entering the future. In the coming years, many countries will face many difficulties. Bitcoin will be a good choice for future generations to overcome difficulties
full member
Activity: 202
Merit: 100
November 24, 2017, 10:23:11 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
Why should we save it for our next generations? Instead of doing this we can teach them how to make money from it and how to become successful.
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