Post
Topic
Board Beginners & Help
Re: I was holding on to Ledger and I got robbed
by
Findingnemo
on 11/05/2024, 17:36:34 UTC
Which secure BTC Wallet do you recommend for me to hold?
Depends on how much you are decided to keep in that wallet, based on the previous portfolio value you are holding thousands of dollars worth of crypto which definitely needs the ultimate security available, as others said hardware wallet is an option but since you already had bitter experience then I suggest try cold storage, install the electrum wallet on a completely air-gapped device.

Cold Storage on Electrum


Download the latest version of Electrum from https://electrum.org/#download and then verify the signatures before installing it.

[GUIDE] How to Safely Download and Verify Electrum

Then copy the downloaded file to your air-gapped device and install it, then restore your wallet with your seeds "Standard Wallet -> I already have a seed".

Then go to  "Wallet -> Info" and get your "Master Public Key"

After this go to your device which is connected to the internet create the "watch-only" wallet (Standard Wallet -> "Use a Master Key)

By this method device will be never connected to the internet so you no need to worry about your seeds being exposed to malware or anything.

I heard about 25th words of 100 characters and multi sign.

It's passphrase, a custom seedword to create an entirely different set of private keys and addresses.
I thought about Tails live USB which has electrum in wallet.

It is good though but still cold storage is the better of all.