1. You must split your coins in 2-3 wallets, to avoid losing all your coins if they are all in one wallet. But then you don't know what types of wallets to use.
2. You find what wallets to use. But then you must decide which wallet will hold the keys to the address with the majority of your money.
3. Then, you realise you must have backups for all your wallets. But how many backups and what types of backups.
4. You make the backups for each wallet. But then you must find where to store the backups.
5. You find a place to store the backups. But then you are not sure if the backups are safe.
Mental awareness to Financial Discipline. This time of pandemic really opened my eyes to become literate when it comes to money. I totally agree with using different wallets but I prefer using hardware wallet if you really want to be safe. Using many wallets are sometimes confusing if you don't organize it very well. Having a secured wallet is peaceful since you are confident tht no one can access your wallet and drain you money out.2. You find what wallets to use. But then you must decide which wallet will hold the keys to the address with the majority of your money.
3. Then, you realise you must have backups for all your wallets. But how many backups and what types of backups.
4. You make the backups for each wallet. But then you must find where to store the backups.
5. You find a place to store the backups. But then you are not sure if the backups are safe.
Is someone you think going to rob you? No one is taking it unless you keep announcing you have money in BTC.
Don't stress yourself with just wallet backup and making it safe. You end up in a mental institution with that.
Having private or lowkey life will make robbers away. Don't show anything on social media for just flexing because you're risking you wallet in that situation. Stop risking your identity for fame.Don't stress yourself with just wallet backup and making it safe. You end up in a mental institution with that.