Post
Topic
Board Bitcoin Discussion
Re: Refer to my previous topic: "Investing plan"
by
Marvell1
on 16/11/2023, 12:37:55 UTC

Why don't you buy a new Trezor wallet or use an open source wallet like Electrum or bluewallet? Entering the Trezor wallet seed phrase into the Trustwallet is not a wise idea at all. Trustwallet is not only an online wallet but it is also a closed source wallet and people are discouraged from using it. So far, Trust wallets are safe and you are not taking any risks but you are putting your bitcoins in danger by using closed source and online wallets. I think you need to change your wallet immediately.
I have received several suggestions from fellow bitcointalk members not to place crypto assets in trustwallets, and I also know of several cases of unsafe trustwallets. I have also used Electrum for now, I was forced to access my wallet via Trustwallet to withdraw and transfer my savings in Trezor.

Thank you for providing feedback on this matter.

I'm still thinking about buying a hardware wallet, maybe in the future I will buy a hardware wallet again.
Electrum is a great alternative as we all know, but at the end of the day, it is also an online wallet, and if you are not using an airgapped device. There will also be certain risks when you use it on an online device frequently. If you have a large amount of bitcoin, I think finding a new hardware wallet is urgent for you. I hope the fact that you once had a broken Trezor wallet makes you lose faith in them. They are electronic devices and sometimes there will be unexpected problems but as long as we still have access to our bitcoins it is not too big of a problem as it is not too expensive to own either.