Greetings,
How are you doing?
Protect your Bitcoin the right way is the subject of this short article I would like to share with the community on this day.
If you have some bitcoin on your exchange wallet, you should know that it is not your tokens until you transfer it from this hot wallet on the exchange to your cold wallet.
This mentality to store your hard earn Bitcoin safe offline demand a guide to really inform why the hot wallet on your device are not the best way to keep your Bitcoin.
The aspect of the keys and the passphrase and the selection of the device to use can be confusion base on the entire volume of information available online.
I have not adopted all the steps explain in the video below. It is a great presentation that taught me so valuable information I thought I knew, but the nuance in the process showed the importance to update my knowledge on the subject.
I hope that this series of steps that will bring your bitcoin to the safer spot for long term stacking will convince you to do adopt the right mindset.
The Bitcoin I had on the exchange is transferred to my wallet to self custody, but I am not yet completely offline.
The key to secure my assets are backup and the addition system to share the backup file in different location to avoid the destruction of the unique place is in process.
I don't know how far you are in these steps, but the more you mark a green check on the list, the safer your bitcoin is to the next generation.
Regards
