pull down to refresh

0 sats \ 5 replies \ @pajdo 19 Mar \ parent \ on: How do the wealthiest bitcoin holders secure their bitcoin? bitcoin_beginners
For passphrases I keep all of them in my password manager. Each password let's me have a different wallet for a different purpose. I keep ZERO funds on wallets with no passphrase.
Better to keep some funds on no-passphrase wallet, so you get notified immediately in case of breach, and have enough time to securely transfer your passphrase funds.
write
preview
0 sats \ 1 reply \ @BitcoinIsTheFuture OP 20 Mar
Um password manager on-line? If so that is a big no no and easy way to lose all you sats!
reply
0 sats \ 0 replies \ @expatriotic 20 Mar
If someone get's access to my password manager, there are no seed words. So how am I losing the sats?
Do you not understand that the attacker has to physically compromise my safe AND virtually compromise my password manager? The password manager only has passphrases in it.
reply
0 sats \ 2 replies \ @expatriotic 19 Mar
Better to have money unprotected so you know someone is trying to steal from you.... Okay
reply
0 sats \ 1 reply \ @pajdo 19 Mar freebie
Better to have money unprotected so you know someone is trying to steal from you.... Okay
Unprotected? Do you publicly display your 24 words? 24 words etched on steel is extremely secure.
Some small amount like 100 bucks could potentially save your stack. Standard practice. Also could serve as a decoy wallet, in case of $5 wrench attack. Although I’d put a bit more, to make it believable.
Otherwise somebody theoretically could already have your seed, and has been working on brute forcing your passphrase.