Post
Topic
Board Bitcoin Technical Support
Re: Safe way to store many bitcoins?
by
SureLockLoans
on 24/11/2017, 12:30:35 UTC
Paper wallet.... the only safe way.

I also use a paper wallet for large amounts and put them in my bank safe.
Steel beats paper, paper is easily destroyed, write down your private key in steel https://cryptosteel.com/

If you are going to use the company that you have linked you are spending $79 minimum to engrave on a piece of steel, when that is fairly basis to do. All you have to do is go to your nearest scrap yard and buy it off them for a few dollars and write it yourself. Although, a paper wallet if stored correctly is more than enough and doesn't require any investment at all.
I don't know about you but $80 is really nothing for me, I got better things to do with my time than to spend hours if not days engraving hundreds of little steel tiles.

For that money you might as well get a hardware wallet it has more functionality and is just as safe. In fact you can still use it online but as soon as you use the private key off that bit of steel it could be compromised.  

That website probably doesn't sell a lot of those as it's effectively a paper wallet with extra expenses.