Backing Up Bitcoin: Hardware Wallets and Recovery Seeds

In this video, I discuss how to store your Bitcoin using a hardware wallet, as well as how to create a backup in the form of a recovery seed.

Even if your hardware wallet maker (e.g. Trezor) goes out of business, you should still be able to restore your Bitcoin funds to a new wallet using the recovery seed.

Not investment advice! Consult a financial advisor.

Trezor hardware wallet:
https://trezor.io/

ColdCard hardware wallet:
https://coldcardwallet.com/

Ledger hardware wallet:
https://www.ledger.com/

Richest Bitcoin public addresses:
https://btc.com/stats/rich-list

Bitcoin private keys:
https://en.bitcoin.it/wiki/Private_key

Buy Bitcoin using Coinbase Pro:
https://pro.coinbase.com/trade/BTC-USD

How to set up a Trezor:
https://wiki.trezor.io/User_manual:Setting_up_the_Trezor_device

How to backup your Trezor:
https://wiki.trezor.io/User_manual:Setting_up_the_Trezor_device#Create_a_backup

BIP39 word list:
https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt

Trezor recovery seed:
https://blog.trezor.io/learn-about-trezor-recovery-seed-offline-backup-fe235873c69f#:~:text=The%20recovery%20seed%20is%20one%20of%20the%20cornerstones%20of%20your,these%20English%20words%20for%20you.

Ledger recovery:
https://support.ledger.com/hc/en-us/articles/360005434914-Restore-from-recovery-phrase

Cryptosteel backup:
https://cryptosteel.com/

Check out my online trading courses:
https://www.trader.university/join
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#HardwareWallet


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