How do you make a good backup for your wallet? Do you just write down the seed and thats it, or is anyone doing anything with private keys? I am using electrum just in case anyone thinks of a good backup solution for this type of wallet.
I also assume that not many people save all their bitcoins in just one wallet. Am I right?
If you haven't imported any private keys to your Electrum wallet, just the 12-word seed is everything you need to backup.
I keep my 90% of my bitcoin in an offline Electrum wallet and the rest in my bitcoin core hot wallet.
Do you save that 90% of your bitcoins in just one electrum wallet or in serveral wallets?
Just one.
If I use 3 different wallets, I would need to keep them on 3 different places and I will likely forget where they are in a year or two.
So just one wallet will be safe, just by saving the 12-word seed on a paper and in another place just in case. But how do I encrypt the file? I've used 7-zip encrypt but I am not really satisfied with it. I am testing AxCrypt, it's encrypting a file with a password. Is this enough of security or should I use a 2nd encryption software?
I haven't seen anyone writing something about AxCrypt here so I can't tell if this is giving any good protection, but anyone who have some experience from it, let me know!
I am a bit confused. Does people encrypt their wallet file or just the whole wallet software? The wallet software loads the wallet file automatically right? Anyone care to explain more about encrypting a wallet?