Post
Topic
Board Bitcoin Discussion
Re: How do whales keep their massive amounts of bitcoin?
by
Lucius
on 05/08/2022, 14:52:53 UTC
Let's say 1/3 in Trezor, 1/3 in Ledger, 1/3 in BitBox02? I'm currently trying to transfer my bitcoin from an exchange to a cold wallet for the first time, but I'm wondering if it's safe to keep everything in one wallet from one company.

If you can afford 3 hardware wallets, I think that such a strategy is not bad in the sense that you reduce the risk that would arise from the possibility that one of the manufacturers will at some point be exposed to a critical vulnerability because of which you could potentially lose your BTC. Or you can simply create a cold wallet and not trust any company.