I have an old computer tower lying in my storeroom,
I want to move a few of my bitcoins onto that and keep it there until an emergency occurs.
So what I want to do is ;
Format the pc
Double check for viruses with Malwarebytes and AVG
download a wallet onto that pc
Encrypt that wallet
Send my BTC there
Then shutdown that pc and leave it until needed.
The pc would have the usual user account password etc.
I won't forget the password since it is my wifi passkey
Good Idea?
Yes ,no, maybe?
I want to move a few of my bitcoins onto that and keep it there until an emergency occurs.
So what I want to do is ;
Format the pc
Double check for viruses with Malwarebytes and AVG
download a wallet onto that pc
Encrypt that wallet
Send my BTC there
Then shutdown that pc and leave it until needed.
The pc would have the usual user account password etc.
I won't forget the password since it is my wifi passkey
Good Idea?
Yes ,no, maybe?
Your process is good but you're leaving the wallet only in one location. What if you lost your computer, your house burnt or someone steals your computer?
Copy the wallet file on a couple of USB drives and store them in different locations.
Also upload the wallet file (encrypted) to one of your cloud storage accounts or email it to yourself.