Hey guys, so I am a newbie and i saw some of members here have multiple bitcoin wallets , why is that? do i need to make multiple bitcoin wallets as a beginner ?
I think that even with only one wallet is enough for people but because of lots of hacks recently I think we should use 2 wallets.
What i prefer to do is to have one as the hot wallet where we use it for everyday or every week use.
And another one (preferably) a hardware wallet which we can use as a cold storage and as a hot wallet for a rarer use.
Can you explain what a hardware wallet gets you interested to such level that you prefer to use it?
I don't really see the need for a hardware wallet as it only adds extra cost.
You can just save your secured wallet files in a CD, USB, HDD, and the list goes on. And this is free since people have these things already at home.