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 will not answer the questions one by one because some users already did, and they aren't wrong. But i see you worried about the security. That's why i decided to share some words with you.
I understand that security feeling and the best thing to do is to understand how bitcoin works, they are two factors that we have to keep as a secret: 1- Our wallet seed, 2-Our addy private key. If someone gets access to one of those our coins are compromised. So, save them in a safe place.