submitted by /u/BitcoinBCHcom [link] [comments] |
source https://www.reddit.com/r/btc/comments/jrxlwt/bitcoin_cash_merchant_interview_ottos_market/
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I was going through the articles at bitcoin.org and I found the following paragraph:
Some wallets use many hidden private keys internally. If you only have a backup of the private keys for your visible Bitcoin addresses, you might not be able to recover a great part of your funds with your backup.
https://bitcoin.org/en/secure-your-wallet#everyday
I thought the only thing you have to do is remember your private keys, is this only a ledger thing? What about bitbox02 and coldcard? Could I lose my funds if I don't make a backup? if that's the case, what kind of backup would I need to make?
Sometimes I think with myself what I was doing in the early days of Bitcoin, I was spending my time doing something that today, doesn't add anything good to my life like playing Dota 1 and Dota 2. I spent many, many time on this. I could found Bitcoin on the internet I guess if I didn't have done those things, I really get upset sometimes about that.
Nowadays I like to look at forums/communities and to try to find useful information to my life.
Do you guys recommend some kind of routine or something like that to get informed about the crypto world?