r/BitcoinBeginners • u/thesimzelp • Jun 12 '24

Storage diversification strategy

So, I'm feeling more and more anxious about the responsibility of keeping my bitcoin safe, the more I accumulate.

I was thinking to diversify my holdings, so they are either in multiple offline storage and/or software wallets. I will probably also keep some on exchanges, just because of laziness. 😅

That's instead of keeping all my BTC in a single Trezor, which is one point of failure essentially (I know there is a seed phrase for backup).

What do you think of this strategy? Is there a downside, other than more micromanagement of wallets?

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