I bought everyone in my family bitcoin for Christmas in 2022…
None of them still have that bitcoin today.
Where I went wrong:
Sent it to their Coinbase wallets…
This year, I decided to get Bitcoin for everyone’s Christmas gift again…
But this time, I’m going cold storage, locked away. No one is allowed to touch it for 20 years.
🤝
How did you lock it away
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A safe
If you're technically savvy, you can time-lock your Bitcoin too
so even if they wanted to move the Bitcoin, the protocol won't allow them for a specific amount of time
Great way for serious long term holding 💜