Post
Topic
Board Bitcoin Discussion
Re: Have you saved your bitcoins in multiple wallets?
by
Nrcewker
on 24/05/2022, 10:19:24 UTC
As the saying goes dont keep your eggs in the same basket. So have you saved all of your btc in mutiple wallets\software?

I like to split with electrum air gapped and bitcoin core.

Should i make it 50:50 even though bitcoin core is always online?

The amount is not that much but i am thinking that if i make it to good amount of mbtc, it will be prudent to divide the amount.

Any OGs who can give feedback?



Yes, I have my Bitcoins in multiple wallets.
The main reason for this is to prevent theft. I know offline wallets are most secure wallets, but still dont wanna take the risk of losing the Bitcoins.
I have also some Bitcoins stored in exchanges, so if I want to trade then instantly I buy or sell their with my BTC.
Also sometimes, I need to spend some Bitcoins , and I don't want to carry my hardware wallets often with me. So in this case my secondary or online wallet helps me to make micro transactions with Bitcoins whenever necessary.
At last I would say that, keeping one or multiple wallets, completely depends on a particular user, and for the particular task he needs to do. Also this opinion of mine might vary from users to users. So excited to hear other people also.