Post
Topic
Board Hardware wallets
Re: What hardware wallet do you need? It depends on your situation and purposes.
by
Gorilla22
on 13/10/2022, 15:46:53 UTC
hosseinimr93, Charles-Tim,

Here is why I think it is reasonable to wipe/reset hardware wallet in Situation 6, long term investment.

In this situation you are not going to use your bitcoins for a very long time. For many years.
Which means that you are not going to use your wallet for a very long time, for many years.
But you still need to take care  about:

either
Your wallet AND your backups.
or
Only your backups (if you wipe/reset your wallet).

And it is more simple, safe and convenient take care about backups only. Just fewer physical things to take care about. Which increases safety, security and convenience.