I made a Minibits wallet, but I am not comfortable with the fact that if I loose phone I loose account...
I need some help on how to go around this.
Can anyone help ?
#AskNostr
Discussion
I don't use Minibits wallet. But I do use Primal that is tied to your nsec and Strike that is tied to your ID Card.
I would consider in your case to use the Strike App. You can download it from where you are and it will give you additional benefits. I have a recurring weekly saving setup and I pay no fees by doing that. If you want I can further explain how easy is to move sats from Primal to Strike and vice versa. Send me a message.
Does the fact that I am in Europe, interfere?
It seems I need to instruct myself on cold storage...😊 We will talk
We live in the same country and share the same language. I will guide you if you want on everything related to our country, BTC and cold storage. There is no other way ;) Send me a DM when you are ready to learn with safety on your funds and I will gladly walk you through it. No chico esperto here :)
Só falta sermos vizinhos lol
why not wallet of satoshi?
It's linked to your email address so you can get acceess, but then again I never have many sats (an amount I'm okay with losing) on the wallet
Where do you store your Sats, then ?
Wallet of Satoshi is custodial so they will keep your sats if shit goes pear shaped.
Just keep your main bulk of sats in cold storage until you need it. There's plenty of ways
I am a newbie no nothing about it....🤔 If I knew, I did not ask. First time I hear about cold storage.
Here's an informative article and video tutorial from Grinder. I would suggest that you take a look at this to learn how to store your bitcoin off exchanges.
https://habla.news/u/thegrinder@nostrplebs.com/bitcoin-self-custody
Maybe I should go to a conference and instead of 5 cows I maybe get a tutorial on cold storage ...😆😆😆
Great wallet choice. Very easy to backup. There is no "account", just your ecash sats
• Go into #Minibits settings
• Select backups & recovery
• Follow steps and download your backup and recovery files