I hear a lot of young people wishing they can build generational wealth for their kids. The kids of their kids and the kids of their kids' kids. But is it really up to us? We can build wealth now and leave all our assets to our kids but how can be sure they can protect the wealth and make it grow even more?
Honestly the best thing we can do is to teach our kids and hope that all the things we got to accomplish for them won't be put into waste. Build your portfolio now. Invest in assets that will be profitable in the long term so you can leave this to your kids.
Money and capital are just one form of wealth. Knowledge and skills, business and means of production, as well as cryptocurrencies can be wealth. Keeping diversification in mind, you can pass this on in parts. That is, in order to pass on cryptocurrencies to your children, you also need to pass on knowledge about the use of these assets, and in general, information about financial literacy. Otherwise, without this, your efforts may be in vain.
There are no guarantees in this world. None. For anything. Everything is determined by risks.