Post
Topic
Board Hardware wallets
Re: What is the best hardware wallet for holding Bitcoin only?
by
mk4
on 10/09/2021, 13:24:10 UTC
That's what I was going to recommend--why waste money on a HW wallet just to store bitcoin?  Assuming you're going to keep it long-term, it would be so much cheaper and probably more convenient to transfer your bitcoin to an Electrum wallet, write down or stamp the seed phrase into a piece of metal and keep it in a safe place.  You'd have to basically do the same thing with a HW wallet anyway, right?

This could be a great idea, assuming that the user actually knows how to generate a wallet safely in an air-gapped manner(which is like a very small minority of bitcoiners). But since OP is asking which hardware wallet to use, what are the chances?  Just paying the $70 for a reputable hardware wallet is the way to go in 99.9% of cases.