Post
Topic
Board Wallet software
Re: Best way to store bitcoins safely without a hardware wallet(ledger,etc)
by
Bitstarzisascam
on 01/07/2020, 19:06:15 UTC
Hey,


What's the best way to store bitcoins safely without a ledger/other hardware wallets?

Thanks
Use an offline wallet. Never let this device to go online.

Whenever you will need to broadcast a tx:
- Take the master public key, create a watch only wallet using this master public key in a device which is online.
- Create the tx and save it
- Take the saved file in the offline system and load it.
- Sign it and save it.
- Take the signed file in the online system.
Load it and then broadcast it.

You are not going online with your original wallet ever.

Assuming I’m gone need to buy a brand new laptop, which wallet do you recommend using? And what about the software updates? After I download a wallet on the laptop cut off all internet going in the laptop?