Similar situation for me. My approach will most likely be:
1. Buying a Card Wallet (40 bucks)
- https://www.cardwallet.com/en/home/
- would take it into custody until the child is old enough
2. Choosing a Bitcoin exchange with auto wallet transfer, e.g., 21bitoin https://21bitcoin.app/en/feature/auto-wallet-transfer
- setting it high enough to avoid unspendable UTXOs (few hundred bucks?)
- connecting to Card Wallet
3. Monthly DCA of 10–20 bucks
Thus, I have my normal DCA and everything else is automatically done. I only have to store the Card Wallet safely.
Any thoughts on that @ONBRINK?
I like it. I'm not familiar with this exchange. I'll check it out. Thank you!
How to save for your child or godchild in the world's best money #bitcoin
#bitcoinissaving #generationalwealth
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Have you received one of these in the US? It looks as though they will ship to US but they are from Austria?
I am living in Europe so no experience with shipping to the US. Sorry