Quote from: Z-tight on October 29, 2023, 08:24:52 PM

This is simply calling for trouble, you don't have to buy a hardware wallet in that case, you have the option to use Electrum offline, by creating your own airgapped wallet.

Yeah, but I don't even have any device to make it air-gapped, and at the moment I have no intentions to make one because I already divided funds and kept more than 80% on CEX because I have to use them for some trading purposes, which I do often. Therefore, storing them in an Airgapped wallet would be of no use. But I will make an Airgapped wallet one day and store my funds there. Thanks for the advice.

Quote from: Z-tight on October 29, 2023, 08:24:52 PM

I don't think stompix was talking about a paper wallet, but rather that you use a self custodial wallet like Electrum that gives you your seed phrase, which you have to back up on paper. Not your keys, not your coins, to use BTC you must find a way to back up your seed phrase safely, it should be easy to write 12 words down and hide it somewhere.

That also comes under the category of paper wallet,

Quote from: https://www.investopedia.com/terms/p/paper-wallet.asp

A paper wallet is a printed piece of paper containing keys and QR codes used to facilitate your cryptocurrency transactions.

I know it is easy to write 12 words down, but dear, it is not easy for me to hide it somewhere due to the issue of having no permanent place (it's not that I move too much). It's like I don't have any storage place for me yet. I only have one bag on me; I used to keep my personal traveling belongings in it and a drawer that has no keys (the lock is broken).

Sorry for late reply.