Post
Topic
Board Bitcoin Discussion
Re: Bitcoin increased my mental awareness
by
stompix
on 20/01/2023, 09:12:12 UTC
...All day long!
~
...And I keep repeating all the steps, again and again...
...All day long!

I don't know about others but this doesn't sound like mental awareness to me and more like self inflicted torture!
Why would you do this over and over and over again, the moment you have secured your wallets you don't need to go through the same steps of securing the keys for every coin from your add to your stash. You just send them to one of your already-created wallets and that's it.
Creating a new pack of cold wallets for every batch of coins you acquire will at some point end with a misplacement.

Take note that this isn't necessarily the best strategy. While you avoid losing all your coins in one go, it increases the chances of you losing your funds partially.

If I were to lose one of my wallets probably the first thing I would say is Thank You God I didn't put all my coins in this one!  Wink
If you follow the same procedure for all of them the risks of losing one is almost the same as losing your single wallet, but I agree that if you start experimenting with 100 methods and 100 places and you try more and more weird and untested ways some will definitely fail.