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Author Topic: If You Died Tomorrow, What Would Happen To Your Crypto?  (Read 2543 times)
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October 20, 2019, 04:28:00 AM
 #41

It is really important to be ready for our death especially for our cryptocurrencies, that is why if you didn't tell to anyone where did you store your private keys, password and hardware wallet to access on your crypto wallet, obviously all of your crypto will be stock for a long time and it could be gone. Good thing i told to my brother where i hid all of my private keys, and hardware wallet for him to know if i die, that is why all of my cryptocurrencies will be safe to him.
we have to educate people around us about cryptocurrency.told him about how to unlock wallet and send it to exchanges.this is basic thing that we have to tell to our wife or our family to prevent lossing our assets if something bad happen to us.and i am agree with you doing this thing  be an obligation for every investors or traders in cryptocurency market.
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October 20, 2019, 04:29:31 AM
 #42

It's best to let someone cloae and someone you trust to learn about crypto and know how to access your wallet just in case something happens. Making a will just in case something happens is also a good way to secure that someone else in your family will make use of all your hard earned cryptocurrency. Haven't known of Safe Haven before but I guess it will be good to have a third party taking care of your assets aside of your attorney to assure that your cryptocurrencies are secured. Death is inevitable and it would be a waste if your family will not be able to atleast use your hard earned crypto in case of death.

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October 20, 2019, 04:31:12 AM
 #43

It is really important to be ready for our death especially for our cryptocurrencies, that is why if you didn't tell to anyone where did you store your private keys, password and hardware wallet to access on your crypto wallet, obviously all of your crypto will be stock for a long time and it could be gone. Good thing i told to my brother where i hid all of my private keys, and hardware wallet for him to know if i die, that is why all of my cryptocurrencies will be safe to him.
we have to educate people around us about cryptocurrency.told him about how to unlock wallet and send it to exchanges.this is basic thing that we have to tell to our wife or our family to prevent lossing our assets if something bad happen to us.and i am agree with you doing this thing  be an obligation for every investors or traders in cryptocurency market.
Just like you that it is important to educate the family to be important, at least they know the basics of cryptocurrency to be able to provide such an introduction that nowadays the fact is that people do not know about cryptocurrency as an investment that is widely done but many families still do not understand

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October 20, 2019, 04:43:28 AM
 #44

I already backed up all my exchanges account, email and password and 2fa in notepad. But only in 2 flashdrive. And told some of my friends that if i die, please call my family in my facebook list so they know if i have assets in exchange.

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October 20, 2019, 05:05:17 AM
 #45

If I died tomorrow then I don't need to worry about everything because I already orient my family about cryptocurrency and I already told them about using my ledger nano hardware wallet and they all understand it so it is a no problem for them to use it whenever they want. I gave them copies my backup phrase so they can access it when there is an emergency.

 
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October 20, 2019, 05:21:38 AM
 #46

I have done all the advice that you said except for the third one. I find it risky to entrust my funds to any organization or any platform. I have shared all my private keys with my partner so whatever happens, I'm confident that my earnings would surely go straight to my family. It's important that we're preparing for things that might happen in the future.
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October 20, 2019, 06:10:42 AM
 #47

Your question is very good and I've been thinking about this happening
i already save my privatekey,email password exchangers on my computer if its happend my family know my crypto assets are on my computer and they can withdraw my assets or hold for long-term

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October 20, 2019, 06:37:45 AM
 #48

I already backed up all my exchanges account, email and password and 2fa in notepad. But only in 2 flashdrive. And told some of my friends that if i die, please call my family in my facebook list so they know if i have assets in exchange.


if and only if, your family is aware how bitcoin is or cryptocurrency is. because sadly to say, most of our parents are already contented with our fiat, most of the time, they arent accepting any new form of technology as if their mind is close to it. I would rather suggest that you should tell your friends about this. Those that also know how crypto works.
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October 20, 2019, 07:09:12 AM
 #49

Your question is very good and I've been thinking about this happening
i already save my privatekey,email password exchangers on my computer if its happend my family know my crypto assets are on my computer and they can withdraw my assets or hold for long-term
i do the same thing we you mate.i tell my wife to open my computer and make a note about how to open and access my wallet.every information already stored in one place and even note about guidance too.its really complicated investing in crypto marker.we need speciall things to do for access wallet meanwhile in other market just showing our id ,our family or family could liquidate our assets


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October 20, 2019, 07:24:15 AM
 #50

I have a bank deposit box where I keep all the private keys and seeds of the wallet and the only who have access to that box is me my sis and my wife. They know what to do next if something happens to me Smiley

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October 20, 2019, 07:48:11 AM
 #51

Actually i have save my private information and my father knows that, so if i will die then my assets will take my family. Basically man is mortal so anytime we can die with any moment without a signal. So if you want carefully then you need save your private asset information, where your family knows that.
some investors may already know and plan everything with their crypto currency and of course by storing personal data and trusting someone for our assets in our crypto currency and my hope someday with the legality of the government our assets we can store easily and safely of course
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October 20, 2019, 09:07:41 AM
 #52

I already listed all my account, password and pin on my computer so if anything happen to me. my family has an access to all my account
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October 20, 2019, 09:29:17 AM
 #53

I already listed all my account, password and pin on my computer so if anything happen to me. my family has an access to all my account

you already listed it but you didnt instruct them if how to use those ?  like you i also listed all the important info on my notepads phone but i put a password so that no one can acces it  .  i dont like to share my password to them but my plan is to cash out or convert my crypto into local currency and keep it on a bank or on some safe place  . in that way they can easily access it without needing the hasel to learn crypto because they are too old for that  .
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October 20, 2019, 09:46:44 AM
 #54

The very simple thing will happen after your death if you don't share your private keys and password with your wife or your parents, or someone who do you believe, since this cryptocurrency platform is not accountable to get back your thing if you lost your password so we should keep our valuable password both in the online and offline, I think it's not a difficult task for us to keep those very carefully, if you have a good amount of cryptocurrency including Bitcoin then it must carry a good amount of money after your death, So let's share our password to our credible person in case of any urgent situation. because we never know what will come to our life.

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October 20, 2019, 10:09:38 AM
 #55

Actually, my mother already knows where I input my ledger wallet and it's on my safety cabinet and she knows where I also put my key. All my password and private key are in my cabinet and I know my other sibling already know how cryptocurrencies so basically if I died tomorrow they know how to manage the cryptocurrencies that I have left in my hardware wallet.

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poptok1
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Bobby Fischer was right


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October 20, 2019, 10:18:15 AM
 #56

I think we must keep our asset personal access into a private google sheet, in order that it will be viewed without any problems if in case there's a possible death happens to us. No one could stay longer in this temporary world, much better if we prepare ourselves, so having an alternate person second to you is a very secure way for your asset to be spend by your loved ones who still lived. If you're married, you should open that confidentiality to your spouse, because crypto asset is encrypted and cannot be touched without our prescence.
My o my, this post is most basic recipe for a disaster. Whatever you do, don't follow it's advice.
Placing your keys online? You cant be serious about this, google spreadsheet belongs to google, zero privacy is quarantined.
And this part about wife... cuckery. I could understand some arguments about kids and bank vault waiting for them but this, in modern day and age, is a pure risk, that have the potential to ruin a guy in the instance of divorce.
As of right now, my stuff goes with me, in to the hole (coins get buried) or fire, they will literally get burned  Grin
More to that, you all should be thanking me for having this stance, that's real altruism.

airdnasxela
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October 20, 2019, 10:18:42 AM
 #57

Circumstances may happen suddenly so we should always be prepared of it. We're all going to die so if ever I will die tomorrow (I hope not), I have my family who can handle and manage what I have left in this earth. Everything is in my pc, accounts, password and etc. and they can just access it. It's better to let people whom you trust the most, know about these stuffs but not to disclose everything to others. Only to your family and you know you can trust.
Kezacky
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https://www.enterapp.io/


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October 20, 2019, 11:27:19 AM
 #58

as you said, I also have a feeling similar to yours. Even before I joined this market, I already thought of such a plan if one day I died (hopefully not). all forms of investment or assets that I have are stored securely on my laptop and have also told this to my family.

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ivaf
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October 20, 2019, 11:43:27 AM
 #59

There is still such service: https://mywish.io

Quote
Digital Will
Will - is the transfer of person’s savings to his family or friends in the event of his sudden illness or death. The conditions of the transfer are configured by the user via the web interface.
ufaiz50
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October 20, 2019, 12:21:03 PM
 #60

Death can come at any time, but this thought is very far away. I once made an investment, where there was a death point and the transfer of investment rights in the investment ownership guarantee letter. Indeed in cryptocurrency there is no guarantee of ownership rights and arrangements such as transfer. Although this needs to be done so that your crypto is not locked without anyone knowing, but it is rather strange to think about this.

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