Thanks for your input on how you sweep the BTC then the forks afterwards once the most important BTC is swept and secured first! Can you or anyone else in here let me know their thoughts on that very risk you describe above regarding it's just a race to get your BTC off your phone and onto a HW wallet? I mean let's say I use Ballet or Coinomi what are the actual risks vs doing it the way you described above? I have no doubt your way is likely more secure but for any security experts in here how much more secure would that way be?
PS: Also at this very movement in time I'd have to go with Coinomi for the BTC as they allow you to set the fees and I'd obviously set them higher for the need for speed but even Coinomi's faster fees is much cheaper than Ballets one size/speed fits all unless they have updated this in their software allowing for us the owner of the Ballet cards to select which fees and how much speed we need a sweep done. Because I do feel Ballet would be more secure given the fact it's a more colder of a wallet than Coinomi just being a straight up hot wallet(a great one but still a hot wallet nonetheless). Would love any and all thoughts!
PS: Thanks for video Krogoth....will watch that soon as I want to learn as many ways as possible!
iBHK8
The race against time he refers to is as follows...
If for some reason you have a virus or malware specifically engineered to be able to copy your mnemonic or paper wallet...or and private key...then they can literally beat you to sweeping your coins before you do. So why take that chance when you can sign it safely offline first? Especially with a 10btc coin. Better safe than sorry
There are also malwares that send your btc to a different address...they switch the addy at the end.
https://www.zdnet.com/article/innfirat-malware-lurks-in-your-machine-to-steal-cryptocurrency-wallet-data/
https://www.coindesk.com/malware-miners-torrents-passwords
Here is a thread of a different way to carry any btc you plan on sending without actually having the btc on your hot wallet.
I used to use this method when i met people in person and didnt want to carry the btc on my Mycelium wallet
https://bitcointalk.org/index.php?topic=5106013.0
Also make sure you download the real clean Electrum
https://coingeek.com/hackers-steal-over-22-million-via-electrum-wallet/