Post
Topic
Board Bitcoin Discussion
Re: How many crypto wallets do you own?
by
Z-tight
on 06/03/2023, 15:31:06 UTC
I actually had at least 6 personal digital wallets. Diversifying all my crypto coins there but i didn't hold huge amount of crypto as it is still prone to hacks and other conflicts. As I have experienced such freeze account on one of my crypto wallet, that's why it was a lesson learned for me since it was so depressing on my side to just let go of that crypto i had which I did not manage to withdraw anymore.
Your coins were not freezed in your own self custody wallet, because that is not possible; i am sure your funds were freezed in an exchange crypto wallet or a centralized crypto service, do not store any funds in a wallet that you do not have its recovery phrase or private keys, such as in Binance, Kraken, etc. "Not your keys, not your coins", i hope you learn from that loss and use non-custodial wallets like electrum, BlueWallet, etc which allow you to control your funds and have your keys and recovery phrase.