What will you do with your crypto assets when you get old?

[Legion]

Planning savings for old age is indeed very necessary, especially if we are not civil servants, so we ourselves have to plan our pension funds. Because, it will require a lot, for health funds, daily needs when you are no longer able to work, and other funds that certainly require money, whether a little or a lot. And investing in Bitcoin can indeed be one of the things that is very worth it to do.

Indeed, it is not wrong to start planning for your retirement hence we are happy that you are thinking of it. I also am sure that relying on only one kind of an asset is rather dangerous, let alone when this asset is as unpredictable as Bitcoin. It can rise quickly, but it can also plummet which is not a good thing especially when there are spikes in the market. If you desire to have a safe haven in future upon the time when you will not have to work anymore then you should mix Bitcoin with more conservative stuff including gold, bonds, or fixed income funds. Timing is fundamental when it comes to investment since it is not the process of making excessive profit. Thus, individual or internalize if you are sure that you want to save Bitcoins understand that the portion you are to save should correspond to the current and future situations.

[philipma1957]

I still stack at 68 years old.

But I will likely cash out in two or three years.

Depends on health etc.

[gunhell16]

Planning savings for old age is indeed very necessary, especially if we are not civil servants, so we ourselves have to plan our pension funds. Because, it will require a lot, for health funds, daily needs when you are no longer able to work, and other funds that certainly require money, whether a little or a lot. And investing in Bitcoin can indeed be one of the things that is very worth it to do.

Indeed, it is not wrong to start planning for your retirement hence we are happy that you are thinking of it. I also am sure that relying on only one kind of an asset is rather dangerous, let alone when this asset is as unpredictable as Bitcoin. It can rise quickly, but it can also plummet which is not a good thing especially when there are spikes in the market. If you desire to have a safe haven in future upon the time when you will not have to work anymore then you should mix Bitcoin with more conservative stuff including gold, bonds, or fixed income funds. Timing is fundamental when it comes to investment since it is not the process of making excessive profit. Thus, individual or internalize if you are sure that you want to save Bitcoins understand that the portion you are to save should correspond to the current and future situations.

All of us here who have a deep understanding of bitcoin are probably planning for early retirement when we get a decent huge profit in bitcoin or cryptocurrency.
But you know, sometimes some questions also cross my mind.

For example, like Michael Saylor, let's say he has accumulated bitcoins that are around 500kbtc and then suddenly he passes away, only he knows his private key and seed phrase of the bitcoins he stored, no one else really knows, so the bitcoins he accumulated throughout his life will be buried in that wallet. Then the 500k bitcoins will be deducted from its 21 million total supply, right? Am I right?