Post
Topic
Board Bitcoin Discussion
Re: How way you choose way to saving Bitcoin ?
by
TheUltraElite
on 08/03/2021, 06:16:32 UTC
Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.
One address to store that much is fine. It is not that wallets have any upper limit of how much maximum bitcoins that can be stored in it. In fact that bitcoins are only linked to your private key and not even to your public addresses, those are just used to detect which address received how much at what time using a block explorer.

However these thoughts are more common with people who are laundering money. They would attempt to remove traces by using more than one receiving wallet. If you have no such intention in mind then you can also store your coins in a single wallet. People are paranoid about anonymity (even though bitcoin is pseudoanon), will use different wallet addresses for every transaction.