Great 'basic' advise.
Not sure if a passphrase is needed if a secure seed storage is in place, it adds complexity, definitely don't only memorize it !
Understand what you do, test your stuff, than add value.
Great 'basic' advise.
Not sure if a passphrase is needed if a secure seed storage is in place, it adds complexity, definitely don't only memorize it !
Understand what you do, test your stuff, than add value.
Your right!
It depends on your options to secure your private key…
But there is an other cool advantage… you could hide your private key on hardware wallet. Store a small amount of bitcoin on the seed (without passhrase).
