Post
Topic
Board Bitcoin Discussion
Re: Keep your btc in one or more wallets?
by
Aanuoluwatofunmi
on 15/02/2025, 19:02:52 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?)

Here is my input on this, i will suggest that if we see that we are not good at handling things properly, then we should try as possible not to make use of many wallets in other not to compromise things up for ourself, we can only maintain two types and then have the private keys to each being duplicated and safekeep on a different medium where it will not be exposed to a third party, this will make us to have an alternative store of our keys in case of any unforeseen circumstances, but having multiple wallets could be more endangered because some may lack the proper way of maintaining on their use.