Get two fire arms.
Both of you get training on them.
Get a door bell camera.
Get internal cameras.
Feel safe.
1. Thou shalt not talk about the size of thy stack.
2. Thou shalt store thy stack on a hardware cold wallet with a seed phrase.
3. Thou shalt remove all bitcoin from the exchange and put it in cold storage.
4. Thou shalt confirm thy backups work before storing thy stack in cold storage. Backup your backups.
5. Thou shalt stamp thy seed phrase into metal that will survive time and fire.
6. Thou shalt manage thy utxo's. Very small utxo get lonely, consolidate them into family's when fees are low.
7. Thou shalt run a full node to ensure privacy and health of the network.
8. Thou shall stack over trading. Spend and replace.
9. Thou shall deal with other bitcoiners with honor and integrity.
10. Improve thy skills so you may stack more.
11. Orange pill the ignorant, for they don't understand the nature of money.
What I'm referring to is actually rebuilding your wallet from the seed phrase/passphrase.
Before I use any wallet I record the seed phrase and passphrase (separate) into a steel plate(2 copys, one local, one different location), send a small amount of SATs to the new wallet, then restore the device to factory settings.
I then restore the wallet using my seed phrase and passphrase. If I can see my funds in my restored wallet, I consider it verified, then move ahead and add the desired funds to that wallet.
I am not concerned with software backups so I don't really keep a sha 256 hash of my wallet files. I store them in a hidden file, within a full disk encrypted ssd complete with distress passwords for unlock combined with hard tokens.
That is for a 1 seed signer setup.
For multi factor....
Similar, but you need to record the seed phrase/passphrase AND all the xpub for all your wallets used in the multisig. Store a copy of all the xpubs with each seed phrase. If you skip the pub key step, you will lose all your funds when trying to store the backup. Its a common mistake because people are used to 1 hardware wallet backups.
Same idea.
Write it all down. Generate your new wallet. Send a small amount of SATs to it.
Delete wallet, backup.
Build from scratch. Using the recorded seed phrases and xpubs.
If you can access your funds, backup verified.
If you are doing multisig, geo separate the signers.
Be sure to think about all the bad things that can happen.
Some 1 recently lost 7 bitcoins by not writing down their xpubs.....
No it was not me :p
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This is the correct response
A months rent for hosting your conciseness in the cloud.
Have you tested all your backups?
Do you have backups for your backups?
What happens to your seed signers and backups in a fire, flood, tornato, or earth quake happens?
What if someone is preventing you from going home?
Think about these things and plan accordingly.
Get it done,
Get after it.
โThe reality is that the USD dominance has such a stronghold that it will remain the global reserve currency for the foreseeable future.
That said, the UST has a long-term (and terminal) problem, and that problem will only lead to more USD inflation. And so, I hold a large allocation in my portfolio to gold.
I also hold a large allocation to Bitcoin.
Because in the end, whether it is in ten years or fifty, I believe Bitcoin is the one to eventually unseat the UST as the global reserve asset.โ
https://jameslavish.substack.com/p/will-gold-pave-the-yellow-brics-road
Its wise to diversify
How soon till we have an ai who's sole purpose is to stack all the btc?
