Post
Topic
Board Bitcoin Discussion
Re: Have you saved your bitcoins in multiple wallets?
by
pawanjain
on 26/05/2022, 16:01:45 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?



It's a good idea to diversify your holdings in multiple wallets but according to me we should do that only if we hold lots of bitcoins.
I personally hold less than 1 BTC and so it's better for me to hold it in a single wallet. We should acknowledge the risks involved in holding bitcoins in multiple wallets.
The more number of wallets the higher chances of those particular bitcoins getting stolen.