Post
Topic
Board Bitcoin Discussion
Re: How do you secure your bitcoins?
by
LTU_btc
on 19/10/2017, 22:13:50 UTC
Well, I'm not doing anything special to secure my btc. I keep mostly of my btc in offline wallet, which never been connected to online, desktop or mobile wallet. And offcourse, I'm trying to keep my private keys safely. I have saved it in several places to be guaranteed that if my device will crash, I wouldn't not loose all my btc.
Hodling btc in hardware wallet is a good idea. And on hardware wallet you can keep as many btc as you have or want to keep. Hardware, same like all other wallets doesn't have limit of btc allowed to keep.

How do you get the bitcoins transferred without compromising the offline wallet? Do you create a new offline wallet and transfer all your coins-x. X being the amount you are sending to another wallet(maybe a hot wallet). Even then you are compromised in the time you are making the transfer because your wallet that was cold is hot for a moment when you make this transfer. Huh
I'm not using btc from my offline wallet. I'm just hodling it safely. If I would need these btc, I would have to compromise offline wallet - import private keys to one of the desktop or online wallet. I have Electrum wallet for my daily needs, offcourse, I don't keep very big amount btc here, some btc also stored in online wallet.