Sounds good! :)
Just a modest friendly advice @craig-grant You may have already done this. But it is so important so worth to mention.
As a holder of Master of IT Security degree I would recommend not to hold all of your Bitcoin in one wallet. The best way is maybe to have 3 different crypto wallets:
- hardware or paper wallet (see details below),
- desktop wallet with a password,
- web wallet with 2 factor authentication turned on.
I am not sure if you like the idea of paper wallet. You travel and pass different country borders. Due to changing regulation, well, who knows - some country may unexpectedly put a regulation... At least standard printed paper wallet is risky...
But you may just change 1 symbol from your private key on any exact position, so that only you know the changed symbol, and then print the changed private key.
private key is all i need, and i have it
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You are right. But what if someone steals the key? A hacker? As there is no chargeback for Bitcoin transactions - he can just transfer Bitcoins to his address and you will not be able to get them back.
At least you may use some additional protection for your private key - for example the method I described above... I mean you could replace 1 symbol from your private key while stored in your computer. Just write down somewhere else - which symbol is replaced - not to forget. And when your wallet asks for the key, you replace the symbol back.
Good luck with your bitcoins, anyway! I admire people who were smart enough to invest Bitcoin early :)
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HE who holds the keys holds the money!
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You got 6660 followers. All you need is 6 more...
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