Hello,
Suppose I would expand my BTC portfolio to 10 or 15 BTC.....how would you store such a big amount of coins?
Ofcourse I would use a hardware wallet, but if I store them all on 1 wallet and I lose the wallet, or the house gets on fire and it burns, then I have lost those coins forever? Or are there still ways to get to the coins somehow in that case?
Would you advise to store let's say 15 BTC on 3 different hardware wallets (5BTC each), or would you spread it out even more? Ofcourse I'm not gonna buy more than max. 3 hardware wallets but in that case maybe 15 different laptop wallets (Electrum, Jaxx, Exodus etc.) with 1BTC each on it is safer?
I'm looking for the safest way to store a big amount of BTC and to minimize the risks of losing a big amount.
I'd store them on offline devices.
According to surveys, many users agreed that it is best to store their Bitcoin in hardware wallets, which should be new and purchased from the manufacturer, and it is best to have several hardware wallets to avoid any risks.
You are right! many people buy hardware wallets from Amazon, which s a bad decision I think! Only the official source should be followed. Another thing is, buying several hardware wallets is another good decision to keeps safe big amount. Sometimes our nearest people can betray or sometimes we can lose the seed code too.