Post
Topic
Board Bitcoin Discussion
Re: How would you store >100 Bitcoins?
by
BitcoinSupremo
on 30/08/2016, 16:39:46 UTC
i think i would put it into a hardware wallet most probably

Putting it in a hardware wallet is also risky, since physical hardware can also fluctuate or may be damaged. The best thing to do is create a multiple wallet in different servers and site and also some in physical hardwares. It is best to have a diverse savings than a single item to put your btc into. If you lost one then there are many others that are left.

Ledger Nano HW.1 guarantees a life span of 500.000 cycles which is equal to 30 years of real life time. The cost is really low and its worth it. It works really well and it hasn't any major flaws so far. I insist that anyone who has more than 20 BTC should hold them in a safe hardware wallet like Ledger or Trezor. If the coins were hacked the only one to blame is the person not holding them like they should be holded when in really high amounts.