Post
Topic
Board Bitcoin Discussion
Re: Keep your btc in one or more wallets?
by
goldkingcoiner
on 15/02/2025, 16:34:51 UTC
Hello,

If you want to hodl, what's the best strategy for doing so? A single wallet or several? What are the advantages and disadvantages of both options? Maybe it's stressful to use a wallet with lots of satoshis? (whereas several with fewer satoshis is less stressful, isn't it?)

Keeping them all in multiple wallets will ensure the risk of losing all your money goes down but the risk of losing some money due to forgotten/lost seeds goes up. So, really, you are trading one risk for another.