Post
Topic
Board Bitcoin Discussion
Re: Plan now, you could die suddenly as an investor.
by
Nothingtodo
on 03/05/2025, 04:04:06 UTC
I lost a friend this week; he was meant to be 30 years old today, but he died a few days before his birthday today and was actually buried today. It is terrible news, and it got me thinking that death can be untimely, and it is not only the old or terminally ill that are close to death but also anyone; most investors in bitcoin will not get to old age to actually enjoy their investment. Thinking about that, it has to be said that planning for who to own your bitcoin after your death does not have to be when you are old but when you have accumulated bitcoins to a sufficient amount.

As your investments begin to mature into a considerable amount, while you consider the security and safety of it, it is also important that you consider the situation where you die suddenly and your Bitcoin gets lost; no investor would want that except they have no family and friends worthy enough for it.
No one knows when death will come, a person can die at any time and at any age. However, those who invest in Bitcoin must work according to a plan so that the Bitcoin left behind by the investor is not lost forever upon the death of the investor. The Seedphases of the wallet should be left with the investor's children, wife, and husband, taking care to ensure that the investor's close relatives can retrieve the Bitcoin left behind by the investor. However, Bitcoin wallet seed phases should not be given to someone who would treacherously steal Bitcoin by accessing the wallet.