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 someone will die and no one can predict. So as a Bitcoin investor, everyone should keep their family informed about these things and hide the private key of their wallet in a secret place so that after you die, your future generations can find it and access your Bitcoins and enjoy them. Because since Bitcoin depends on a private key, there will be no other way to access that wall except that key. And Bitcoin will be a very valuable asset in the future. It is already very valuable, but in the future it will be much more expensive. So it will never be admirable to lose your investments completely. The purpose of building your wealth is to live comfortably for yourself as well as leave something for future generations. So of course, you need to keep your private keys in a place so that after you die, your future generations can find them and access them.