Have you guys secured your Legacy For the Future of Your Children?

molsewid

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Quote from: KFC786 on January 07, 2023, 09:45:23 AM

By the way I have not so much money still but in future I want to have at least 1 Bitcoin and that's my dream
But I was wondering that whether some of the millionaires that have big money, have the secured their Bitcoin, NFT, or other crypto for the future of Their offspring.
Or These crypto millionaires can write legacy not Their grand Children.

Ahmmm not yet, because for my own perspective only I rather give them fiat or gold I think, because giving them crypto will be subject to volatility and it is hard to maintain the value of it. Maybe I could give them crypto but in btc or eth only because these two proven that even there are bear markets and other things still it will not leave the market especially for bitcoin of course it is common sense now.

drwhobox

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- hello doctor who box

Are you worried about millionaire's children, if their parents bought bitcoin for them or their future? Millionaires don't need to invest in bitcoin to secure their children's future, they already have invested in so many things with that investments and businesses their children's future is secured. But nowadays millionaires and billionaires invest in bitcoin and their children and family members also benefit from that.

uneng

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Leading Crypto Sports Betting & Casino Platform

Quote from: teosanru on January 07, 2023, 01:47:55 PM

Most of the folks who are into Cryptos are around the age of 30s some even lower than that. I don't really think most of this generation has thought of giving their wealth to their offspring. This concept for them is pretty flawed. These days people want to make sure they live the best of their lives and their children should earn their livelihood and their fortune by themselves.

Are people harsh like that on their future offsprings? Well, if I had children I would do the best to give them confort and life quality. And probably one of the reasons why I don't think about having children is because I know I can't offer them any of those things.

I think it's an egoistical philosophy to want children to pass for the same difficulties they did, just because life wasn't easy for them, so children have to suffer as well.

Once I settle my life, learn a profession, have an income for a confortable and independent life, then I could start thinking about children. Then I wouldn't have to worry in preparing a legacy for them anymore, because it would be already done. All I would have to do was to maintain it until they reached maturity age. If that will be possible someday, I hope it's going to be with the help of bitcoin.

Cryptomultiplier

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I don't really know what you regard as legacy. If I were to say from my point of view, it would be that legacy has more to do with ones work and life which often results in wealth or poverty. For work I mean, what so passionately one loses him/herself in and in turn earn from it either it pays the soul and gives it fulfilment or it fills the pockets to sustainment and multiplication. Failure to leave a good legacy could be a result of mishap, inadequate planning, inability to discover oneself among other variables.
Mine would aim to ensure my children learn what gives life meaning and how the pursuit of money ain't the path to happiness. Also, my wealth is theirs in all respect, both intellectually, financially, and otherwise.

fiulpro

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Definitely but you have to understand that to be able to have such plan requires two things :
1. Safety
2. Investment

Some people do not have either one of them and it can eventually cause issues and it all comes down to :
1. Teaching them about something important like cryptocurrency like Bitcoins.
2. Teaching them to value their investment
3. Teaching them regarding economic investment plans and management for their future as well.

teosanru

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Quote from: KFC786 on January 07, 2023, 09:45:23 AM

By the way I have not so much money still but in future I want to have at least 1 Bitcoin and that's my dream
But I was wondering that whether some of the millionaires that have big money, have the secured their Bitcoin, NFT, or other crypto for the future of Their offspring.
Or These crypto millionaires can write legacy not Their grand Children.

Most of the folks who are into Cryptos are around the age of 30s some even lower than that. I don't really think most of this generation has thought of giving their wealth to their offspring. This concept for them is pretty flawed. These days people want to make sure they live the best of their lives and their children should earn their livelihood and their fortune by themselves.

Doan9269

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Quote from: KFC786 on January 07, 2023, 09:45:23 AM

But I was wondering that whether some of the millionaires that have big money, have the secured their Bitcoin, NFT, or other crypto for the future of Their offspring.

Why are you so concerned about the rich people if they had invested in bitcoin or not for their children, as far as am concerned i don't think any one of them can come out to you in telling you what they do to make a living or earn the money they have that has make them that rich, i think you need to start to think on your own and act base on your believe and wjat you're been convinced of and not by others decision.

Quote from: KFC786 on January 07, 2023, 09:45:23 AM

Or These crypto millionaires can write legacy not Their grand Children.

You can never know or guess the kind of legacy they may leave behind for thier offsprings but not until you are in thesame condition you wouldn't understand what it means, bit leave like one who is ready to be rich tomorrow, invest in bitcoin today for your children and when they grow to discover such, they will never be ungrateful.

Beparanf

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Quote from: KFC786 on January 07, 2023, 09:45:23 AM

By the way I have not so much money still but in future I want to have at least 1 Bitcoin and that's my dream
But I was wondering that whether some of the millionaires that have big money, have the secured their Bitcoin, NFT, or other crypto for the future of Their offspring.
Or These crypto millionaires can write legacy not Their grand Children.
I am trying my best to improve post quality but no one will give me merit though.

Topic like this can’t easily get merit unless you provide a valid inout towards your question. Try to exert some effort next time by making some research so that you can provide valuable info that can be shared here if you really want merit.

Answering the question, I believe most crypto millionaires already secured there assets and prepared it for there child future in case they will die young. I personally entrusted the backup private key to my wife in case I die young so that they can access my wallet to support them in the future. I’m not a whale holder and I have this kind of plan. I believe those millionaire is much prepared like having a safe box for all there keys that only there beneficiary can open when they die.

Getmon

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If you intend to post topics for the purpose of merit hunting, you are doing it incorrectly. Be who you are and stop worrying about getting merits. Even though I have seen questions of similar nature before, you have the right to ask because you are a newbie. But by asking questions, you cannot get merits either.

If you want to focus your attention on getting merits. You can answer and assist members that are asking for help, or you can post something new and different that is informative.

KFC786

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By the way I have not so much money still but in future I want to have at least 1 Bitcoin and that's my dream
But I was wondering that whether some of the millionaires that have big money, have the secured their Bitcoin, NFT, or other crypto for the future of Their offspring.
Or These crypto millionaires can write legacy not Their grand Children.

Topic: Have you guys secured your Legacy For the Future of Your Children? (Read 141 times)