For the love of God, don’t use your life savings wallet …

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For the love of God, don’t use your life savings wallet …

… for anything except long-term storage.

Every other day, we read stories about people signing the wrong contract and losing all of their coins.

Plot twist: You can have as many wallets as you like.

Use this strategy, for example:

– One wallet for long-term storage (only receives funds)

– One wallet for medium time frames (e.g., the stuff you plan to sell during the next bull run)

– One wallet for short term (a hub for one-time wallets/special-purpose wallets)

– N one-time/special-purpose wallets (e.g., for airdrops, NFT sales, etc.)

Your special-purpose wallets should have just enough funds to pay for fees or whatever you want to do there. After it's done, tokens/coins are transferred to the hub wallet or wallets for longer-term storage.

You wouldn't go to the grocery store with your life savings in your pocket either.

submitted by /u/MaMu_1701
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