Post
Topic
Board Bitcoin Discussion
Re: The more I think about this the more I want to ask
by
Jegileman
on 19/03/2025, 21:59:07 UTC
I took a moment to think, but deep down I felt confident in my hardware wallet's security compared to hot wallets. However, he argued that it's best to split the Bitcoin into two parts and store them in two different hardware wallets.

What are your thoughts on this? Personally, I keep all my BTC in a single hardware wallet. I’d like to know, from the Bitcointalk community: do you think the saying "don’t put all your eggs in one basket" also applies to those using a single hardware wallet?

It could be and could not also. I only view this on the aspect to how far you can keep your  wallet safe. If you fear of being compromised no matter how you store your seedphrase and not open it to the public, then you can consider splitting them into two different hardware wallets, but that calls for more security measures as you can’t save them in the same place as you fear of it being compromised. If you can put all your bitcoin in one wallet and can secure them, it would be better as I see it as more stress splitting it although a nice idea if done to minimize the risk of losing all funds if compromised.