Saving Bitcoins for your Children. - page 95.

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Quote from: alkiw21 on November 20, 2017, 06:17:51 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

That's a very good idea. We do not know what bitcoin looks like in the future. I think the price will continue to soar. so there is no problem if we invest for our children in the future. I will try it.

yes i also agree, but still very long, because i am still a teenager and have not minded far. But this is a very good idea for the future, and i believed bitcoin prices will soar from year to year.

posternat

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Quote from: meliodas on November 20, 2017, 06:14:16 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

I think it's a good thing to save bitcoin for our children. If bitcoin is a hit now, I think it could be more in the future. By that time, it will be a good thing that our children already has theirs. I feel that it will be a bit difficult to earn bitcoin by that time, unlike how we earn it today. That's why it is a good idea to invest for the children.

If your children are small and you save even 1 or 2 bitcoins for them and then you check the value of bitcoin after 20 years and you will surely find that these are so much valued that it is enough for your children's future. The only thing to take care is that you need to keep on watching the market as 20 + years is a long time and there might be a possibility that there is any mishap or issue in blockchain which may cause bitcoin to end or something like that. So still its a risk but if nothing goes wrong then for sure you are millionaire by then.

Shaku

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I think this is a great ideas

alkiw21

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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

That's a very good idea. We do not know what bitcoin looks like in the future. I think the price will continue to soar. so there is no problem if we invest for our children in the future. I will try it.

meliodas

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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 think it's a good thing to save bitcoin for our children. If bitcoin is a hit now, I think it could be more in the future. By that time, it will be a good thing that our children already has theirs. I feel that it will be a bit difficult to earn bitcoin by that time, unlike how we earn it today. That's why it is a good idea to invest for the children.

developer101dev

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It was a good idea to save up your money so you can have something to spend on your children in the future. It was an advantage for us that we know how to earn bitcoins because it can make our life easier by working on bounty campaigns.

Eternu

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Quote from: hilda483 on November 19, 2017, 12:41:13 PM

Quote from: sheldonnnn on November 19, 2017, 12:35:34 PM

Bitcoin is an excellent long-term investment. So if you spend a bit of money on Bitcoin now, then there is a great possibility that you will provide your children with money in the future when Bitton will become incredibly expensive. I think it's a good idea.

I agree, although the Bitcoin is a bit pricy at the moment, until your childer will grow up there is enough time to see that it's actually a very good moment to buy.

Yes , at the moment price could look like its too high for buying. But if we look a bit back we will see that there was a lot of situations like this, and price has always went even more higher. So its just like you said, this would be good moment for buying bitcoin. We can only imagine how much will it be worth in the future. So buy now and make your children a bit richer in the future.

boddy.dy

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On my insights, it is a great idea to save bitcoins for our children. More or less, not only for our children even for the entire financial needs of the family. Bitcoins nowadays are a big investments, just like with other business out there. Once you invest in a good business you can get a better or stable income. So now we must save bitcoins for better future of our financial needs.

jpoker272727

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Quote from: JC btc on November 11, 2017, 05:59:49 AM

Quote from: noorammak on November 11, 2017, 05:53:05 AM

in order to better our children life when they grow up, we have our duty to earn and save our money for our child, so investing in bitcoin as a second income is a great idea, may be we dont have to save too much bitcoin, but just little and keep it safe in our wallets and wait until the day bitcoin price get high enough, bitcoin profit may very big.

It is not because we are oblige since they are out children and it is our legal ang moral obligation but because we love them, we wanted to have them a good future and as a parent we are here to support and to provide it, that is why I will save as much as I can not only for them but of course for myself as I don't want to be a burden to them in the future.

Yes you are absolutely right in this regard. We all have to save something for our coming generations so that they would have some ease in hard times of their life. Bitcoin is one of the amazing investment you can make for your children.

Like you said, if you don’t have anything for them, just try to make bitcoin. It alone will be enough for them. Future is all about bitcoin and they will enjoy enough.

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Every month I add in my wallet a bit of bitcoin. it is not too much for the moment but I hope that after a few years when my son will grow up this sum will have more value and will help him to live a better and more comfortable life than mine.
But as you mentioned, how to keep your private key safe but available to your son when he grows up. The best solution is to use a lawyer or to look for companies that offer this kind of services.

hilda483

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Quote from: sheldonnnn on November 19, 2017, 12:35:34 PM

Bitcoin is an excellent long-term investment. So if you spend a bit of money on Bitcoin now, then there is a great possibility that you will provide your children with money in the future when Bitton will become incredibly expensive. I think it's a good idea.

I agree, although the Bitcoin is a bit pricy at the moment, until your childer will grow up there is enough time to see that it's actually a very good moment to buy.

sheldonnnn

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Bitcoin is an excellent long-term investment. So if you spend a bit of money on Bitcoin now, then there is a great possibility that you will provide your children with money in the future when Bitton will become incredibly expensive. I think it's a good idea.

bitcoinminer45678

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Quote from: joshmontford on November 19, 2017, 10:46:50 AM

bitcoin is way too risky in my opinion. even if it is going strong at the moment, it can fall and be worthless at any point. when the adoption rises even more, than maybe, at this point, I wouldn't go with it.

I need to save money because I like saving because I can't predict what would future bring. I don't mind if there is risk in bitcoin for as long as I secure the future of my children soon. In order for me to feel better saving is the best way to complete the sense of satisfaction in life. I am saving bitcoin for my 3 childrens. His important for me because they are my treasure same goes with bitcoin.

qiman

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I think it is a very good idea to save some bitcoin for our children, even more so to get our children interested in this technology. My Wife is always saying to her Son to get involved in this new digital revolution and I think slowly he is getting interested. We missed out in the dot com boom she always is saying to him so do not miss out on the blockchain revolution and I think she is right.

RiskySanchez

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Quote from: joanshu on November 19, 2017, 11:50:57 AM

Its a great idea to save btc for children as it is gonna be more expensive in the near future so its better to stock up btc for children so that they can benefit from it.

Exactly children need btc for a better life . But btc not necessarily make them happy, children will happy if we as parent always beside them,affection and attention

lady Royal

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It will be useless in my opinion what if we put all of our money to buy Bitcoins because of the high price of Bitcoin and when our kids get old and able to use Bitcoins and at that time the price of Bitcoins is nothing it will be useless. So, Instead of saving Bitcoin for your children save something unique which will rise in future Bitcoin is not stable and many government are against bitcoins so find a better option then this.

joanshu

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Its a great idea to save btc for children as it is gonna be more expensive in the near future so its better to stock up btc for children so that they can benefit from it.

hasyurt

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it seems logical to get a bitcoin for someone who does not have the ability to buy a field or apartment. I personally do so. I get bitochin for my child and save it. uamrım investing in doing this helps my child very much in the future.

Pakar11220

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a good idea and a good step for saving bitcoins for our children.these bitcoin will give your children a lot of return in his or her life fields.
it may also fulfill his/her basic needs,other sports activities and tours needs.

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Saving for your children in bitcoin is a wise idea it is really great idea too. Once we invest for sure you are a long term investor, in interval you can book profit as every year we seeing the big returns from bitcoin previous record. I believe future of bitcoin is very great and wish you good luck for it.

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