Post
Topic
Board Wallet software
Re: Best way to store bitcoins safely without a hardware wallet(ledger,etc)
by
mk4
on 02/07/2020, 13:36:24 UTC
What could go wrong with having a offline device to store your wallet on? Any risks I should be worried about?

If assuming(that's a BIG if) that your offline device is actually secure, then you're probably not going to have problems. It's just that it wouldn't be feasible to spend send out the coins from time to time if you're still planning on making transactions in the future. If purely for long term storage though, just generate a wallet on an offline device. Write down the backup phrase. Take note of some addresses so you can add to your stack.