I have an electrum standalone wallet for storing my BTC. I have three questions
1. I read that never store all your coins in one wallet. So wts the solution? should I install two electrum standalone wallets and store my coins in both of them?
2. I have written seed on a paper to recover my BTC in case my computer got corrupt. What thing apart from seed should I backup to recover my wallet in case my system is corrupted.
3. Strong password is good enough to secure a wallet or I have to do something else also.
Thanks.
I think you should use the right board of forum firstly your questions; so for this question, there is a board named "
Wallet Software" or its main board "
Development & Technical Discussion". You should look at that board first. Probably, you can find a lot of answers in the right board if you search it first.
And your questions...
You can keep you all Bitcoin's a single wallet if you want. (If you can provide safety)
Look at this page:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.htmlSome of BTC wallets are keeping more than 100K BTC in that wallets.
Wallet security is a very important issue. And seed keys, which are part of it, are the most important point of security. For this reason, I recommend that you keep those words or private keys as secure as possible.
Password is only keep your assets in your device. If your device gets hacked, then I am not sure if the password means anything.