Do you have a succession plan for the Crypto you own?

in #crypto7 years ago (edited)

Okay, so you are very much successful with crypto currencies, you are a pro trader now earning a good chunk of $$$ every month. It feels so good to be successful right? but, what will happen to your crypto assets if something really unfortunate happens to you? Sorry to break it to you, life is not all about happiness and winning right? there are downfalls and unexpected pitfalls too. Do you have a succession plan for your coins? does your family knows about your assets? will they be able to retrieve them in case something unfortunate occurs to you? Since there is no centralized authority present to recover your funds for your family, wouldn't your crypto earnings be lost forever unless someone else have the keys to them?

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 hmmm now that you have thought about this for the first time(Probably), it is time to do something about, time to give a fuck about it. As far as you are not a lone wolf you must have someone you care about in your life, may be your family, best friends, your partner etc. Let them know about your crypto coins, share the passwords if that's okay with you. See unless you are immortal or If you have discovered that spell for Immortality, you can't live forever.

Have a plan A, Plan B and a Plan C, I will leave it to your creative thinking to decide how you want to secure your crypto currencies, avoiding them being lost forever. So that was my 2 satoshis for today, think about it, do something about it :) 

Ps: Some of you pros might have made plans already :D Good for you :)   

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ill be looking in to safehaven.io they sound like they have a great project.

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