Nostr Web Client

I have a question:

Is it better to store your btc all on one cold wallet or better have different ones?

I am talking not about different accounts but different seed phrases.

I think it is nice to have everything in walket wallet if you can remember you 12 or 24 words. But it’s also all eggs in one basket 🥚

Tony 2y ago

With really significant amounts I’d go with a multisig. You can then back up each signature separately, so that even if you can’t get a hold of 1 of them you’re still good.

This also ensures no one can rob you by getting a hold of any 1 signing device.

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Discussion

Noerms 2y ago

Thank you. Have to educate myself on that. I have a little time i guess as my amount is not that considerable yet 😅

Tony 2y ago

Check out #[3] YouTube channel - Ben’s got a few very simple and thorough explanations of the process.

End of the day it’s not hard, it’s all about attention and practice.

Noerms 2y ago

🙏💜