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Depends on two things:

  • Are you spending bitcoin often?
  • How much bitcoin are we talking? (Don't tell me lol)

If you're spending it, the hot wallet is necessary.

If not, a hardware device could be worth it. But if it's not that much, consider deleting the hot wallet and just keeping the backup on paper.

If you have something like 20% of your net worth in bitcoin, and plan to keep building that, then yes consider getting a hardware device

I'm not spending the bitcoin often.
It's not that much at the moment but I'm consistently taking a cut of each paycheck and putting it into Bitcoin.

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Ok, so sounds like you're heading toward needing a hardware device.

I've used Blockstream's Jade and Trezor. They definitely do the job.

A lot of people really like Coinkite's products, so that's another option.

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Awesome, thanks for the recommendation!

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