Well, that is a good plan but what's more practical is to invest in land based properties to be passed down to your child when he/she turned the right age. Indeed this industry has lots of potential but never be too confident given that this technology is still not widely accepted as a currency across different countries. There are still problems with its adoption which adds risk along with market price volatility. If it is assurance that you are planning, choose a less risky decision to avoid regrets in the future.
I see lots of people who have long term success investing in bitcoin. for example, like people who bought bitcoin in 2009 and sold it in 2021 when the bitcoin price was high.
now I have a child and my child is still small, of course the bigger my child is, the living expenses will also be greater.
so I plan to buy bitcoin and will invest in bitcoin for the long term, with the intention of paying for my children in the future, such as for school capital and my child's future marriage.
but I am also aware of the risks of investing in bitcoin, but I personally am ready for the risk of investing in bitcoin.
I want to know your opinion?
It sounds like a reasonable plan. Do not keep the coins on any exchange though, preferably use some type of cold storage since computers can be compromised also. It certainly sounds like you have the right time frame, not days, weeks, or months, but years. Depending on what country you are located and the potential amount of value involved later, remember to consider that some places will impose gift taxes to larger amounts so gifting now vs gifting later (post-appreciation) could be smart.
Its storage is another reason why there might be problems with such plans. If it would be hardware wallet to be used, what if it got lost? If it is online wallet, what if it was accessed by different people without consent? These are simply added risks for planning to do so, as I am trying to point out above.