Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
BigBos
on 11/08/2023, 20:55:09 UTC

I agree that software wallets also have vulnerabilities and which can be penetrated by the hacker to steal the Bitcoin out of those wallets,

In this condition I think it depends on how meticulous you are because in my opinion, as long as we hold the seed correctly in the sense that it is not stored on a PC, Email or google drive and store your seed in writing in a safe place I think for software wallets it is still very secure.

When someone experiences a loss of assets in their software wallet, they need to realise that there must be several things that make it happen because to my knowledge, the wallet cannot be opened when other people do not know your seeds so when asset theft occurs, there must be one thing that makes you negligent in treating your seeds.