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Topic: Saving Bitcoins for your Children. - page 96. (Read 24498 times)

member
Activity: 98
Merit: 10
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.
sr. member
Activity: 2436
Merit: 455
November 19, 2017, 10:41:22 AM
Saving bitcoins for your children is not a responsibility but its your duty. 
Yes it's your duty!  As a parent it provides us security for our children's future.
To support our children's financial needs, to support his/her good quality education and to ensure that we can provide security that he/she can achieve his/her dreams in life.


Saving bitcoins for our children is the best thing that we could do as a parent, but we don't have to give all of our childrens need because they have to know how to support their own selves in case that they will go somewhere on their own, it is also for their own good. Bitcoin is a very good coin where we could rely our future. I'm sure that bitcoin would never disappoint us in the near future about that.
full member
Activity: 268
Merit: 100
November 19, 2017, 10:24:55 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

Yes I want to save bitcoin for my children because as of now the price of bitcoin in the market is surprisingly high. So, I want to save bitcoin for my children because if the bitcoins' price is continuing its increase in value, it may help my children if needed. He can get money from my bitcoin wallet and use it for his own needs. I want to save bitcoin also not only for my child but also for our family so that we can have a happy life.
member
Activity: 364
Merit: 11
November 19, 2017, 10:20:08 AM
Saving bitcoins for children? I think it is a good idea for me because through the use of bitcoin you can make invest for long period of time, so much better if you're saved money on it can will increased the value or currency of money in the future so that's good for our future life and also to give a better life my children's someday.
sr. member
Activity: 524
Merit: 258
November 19, 2017, 10:04:15 AM
Saving bitcoins for your children is not a responsibility but its your duty. 
Yes it's your duty!  As a parent it provides us security for our children's future.
To support our children's financial needs, to support his/her good quality education and to ensure that we can provide security that he/she can achieve his/her dreams in life.
member
Activity: 406
Merit: 11
November 19, 2017, 09:55:41 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

This is very great to save Bitcoins for our children but if he/she atleast 18 and above that can understand about bitcoin. For now, i will much better to save in the bank so that it their money will keep safe.
newbie
Activity: 8
Merit: 0
November 19, 2017, 09:36:10 AM
You better already sell it when your child really needs it.
Bitcoin value sure getting higher by the time but no one knows the future.
newbie
Activity: 56
Merit: 0
November 19, 2017, 08:59:01 AM
You can't predict how long bitcoins are gonna exist... Time changes things
newbie
Activity: 1
Merit: 0
November 19, 2017, 08:51:58 AM
same as you, 1 btc to Children.
member
Activity: 308
Merit: 18
November 19, 2017, 08:49:45 AM
It is a great move to save a bitcoin for your children. But now I dont have a children but I will do the same thing that I will invest in a bitcoin for the future of my children but if I already earn I will save it to the bank for the security purposes. We cannot say, when the btc will die or it will last forever nobody can say.
member
Activity: 154
Merit: 12
November 19, 2017, 08:22:11 AM
That is a smart thought yet I think it is too soon to begin putting something aside for your future family. It still a long stretch from now to that day so stock the BTC you make for yourself now and understand your wants first. Other than you never comprehend what will occur in the coming years and what state will BTC be in so exploit it now and leave the long future objectives for the time being.
member
Activity: 194
Merit: 10
November 19, 2017, 08:03:10 AM
We already saving Bitcoin for my children because we know bitcoin have great future for my children.
member
Activity: 994
Merit: 11
Daxetoken.net
November 19, 2017, 08:01:36 AM
    I think savings of bitcoin for my child is risky,there is a lot of scamer behind and we dont know how long the bitcoin will grow in the online industry.But i will  try to save bitcoins for them and keep all the wallet safe and ofcourse i will tell and teach them how to invest and use bitcoin.Also  I will sell my bitcoin and put it into a real state investment for my children.
member
Activity: 196
Merit: 20
November 19, 2017, 07:58:26 AM
since I've read this tread I've saved bitcoin for my future because bitcoin's value keeps growing day by day, and I never see how many bitcoins I have, I only sell a small bit of bitcoin I have. because I believe in the future the price will be more expensive
I think so bitcoin will be more expensive in the future, so if you have a lots of bitcoin today, starting to keep it now and saved for your children in the future especially for their education. Bitcoin has good saving every now and then they continously increase value day by day.
full member
Activity: 350
Merit: 100
November 19, 2017, 07:30:53 AM
Putting something aside for our kids is superior to purchasing shares and is a smart thoughts, generally wen sparing bitcoin for them is exceptionally fundamental and it is useful for their future use Like for their instructive perspective and different prerequisites, by putting something aside for them it will decrease more costs from the guardians. since we are in computerized world. For whatever length of time that the wallet address and private keys can be put away in a protected place.
member
Activity: 105
Merit: 100
Get your share of the future
November 19, 2017, 07:11:11 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

I keep bitcoins for my children in the future and I always tell my investments or how to access bitcoins like passwords and anything important to people I trust

Good for your kids. I do the same. For each one of them I have separate wallets and as I get money to invest divide btc amount to their accounts equally. I hope they will be happily using those bitcoins in the future.
full member
Activity: 442
Merit: 101
November 19, 2017, 07:01:02 AM
Where is the good idea? Great. I will set up my wallet for my son and gradually move it a bitcoin for later use.
jr. member
Activity: 50
Merit: 1
Proud Mary
November 19, 2017, 06:17:49 AM
After taking out my monthly earnings from crypto trade, i always save a share of BTC for the future ( including my unborn children ). I use cold wallets for that because i think this is the safest way to store your btc.
legendary
Activity: 2044
Merit: 1008
November 19, 2017, 06:14:04 AM
For me, i rather put some of my earnings from bitcoin to a bank account of my children that they can use in the future. Atleast im pretty sure the money i put intended for them are in a safe place.

That is much better than keeping the coins for your kids. I am also planning to do the same. I will convert some of my coins to fiat cash in the near future and keep it in an account for my kids. Since Bitcoin is a digital asset, holding them for long term is associated with a lot of risks.
sr. member
Activity: 476
Merit: 251
November 19, 2017, 06:09:39 AM
For me, i rather put some of my earnings from bitcoin to a bank account of my children that they can use in the future. Atleast im pretty sure the money i put intended for them are in a safe place.
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