Damus
Salty Bitcoiner profile picture
Salty Bitcoiner
@los bitcoin
Serious question.
you lose your cold card, phone wallet, trezer etc and you need to retrieve your funds with your seed phrase.
Isn’t logging into another wallet with your original seed phrase exposing you to a hack? I always hear this

“Never put your seed phrase into any device that is not your hardware wallet.”

Is best practice to then move your funds again, to another seed phrase, in order to protect your funds?
4
Beiner · 125w
No because you buy another hardware wallet and put the seed phrase into the new hardware wallet. If you loose your hardware you cant move anything because you need the hardware to sign the transaction