Quote from: Perfect35 on August 19, 2019, 09:05:57 PM

Quote from: FontSeli on August 19, 2019, 06:21:15 PM

Quote from: Redrose on August 16, 2019, 08:48:41 AM

Hello everyone,

I was wondering if it would be advisable - because I know it can be achieved without much trouble - do host the wallet files on an external disc drive.

Will it stress particularly the disc drive in question?

Will there be any latency due to this?

Thank you for considering my questions!

Not only does this not create problems, it is best done.
A wallet with a lot of money is best placed on a computer that does not have a permanent Internet connection or on removable media that is not always connected to the network.
So you protect yourself from hacker attacks and viruses.

If you have your wallet files on external hard disk, inasmuch as it will be connected to the internet whenever you connect it to your PC during use, it can still be hacked. However, a wallet does not just get hacked if there is no linkage of its private security details, because it is not the same as a hardware wallet and neither is it the same as an offline wallet, except you have the files of an offline wallet on it.

Exactly - as soon as your private-key is exposed to the internet, it might get stolen.
That's why a hardware-wallet is the best solution. However there's an alternative: Completely isolating your private-key from the internet and signing your transactions offline.
I wrote this guide on offline-transactions a while ago - it only covers ETH but for other cryptocurrencies you can simply try to find a guide using Google (usually there is a section about offline transactions in the official wallet's documentation).

[Guide] MyEtherWallet Offline Transactions [SECURITY]: https://bitcointalk.org/index.php?topic=4500372.0