Show Posts
Hi guys, I'm new to this Bitcoin thing. I'm thinking of buying some for my son when he grows older. Have read up about paper wallets cold storage etc. As I'm not looking for something too complicated, I've singled out 2 choices,
1) use breadwallet on my iPhone, generate a recovery phrase and wipe wallet after I copied the public address. Will recover the wallet when I need to use the funds and right after that I'll wipe the wallet again.
2) Use a trezor on an android phone - probably my Samsung phone
What are your thoughts on this? Which is more secure and what are the odds of losing the coins?
1) use breadwallet on my iPhone, generate a recovery phrase and wipe wallet after I copied the public address. Will recover the wallet when I need to use the funds and right after that I'll wipe the wallet again.
2) Use a trezor on an android phone - probably my Samsung phone
What are your thoughts on this? Which is more secure and what are the odds of losing the coins?
Using Trezor with Mycelium wallet on your Android phone is the better option. Your private keys are never exposed.
Thanks for the reply. Hmm are private keys exposed while using breadwallet in the way I described? Also, what happens if i lose the trezor or if it breaks? Do i need to buy another one?
