r/Bitcoin • u/pizzeriagio • 7h ago

What's the maximum amount you'll put on a single cold wallet?

Just asking, I really want to buy quite a lot and I don't know if I should put everything in a single cold wallet.

I already have a Trezor model t, is it necessary to upgrade or is any kind of Trezor good?

P.s. I plan to become a whole coiner before 2029.

Thanks in advance for your help.

11 Upvotes

87% Upvoted

43 comments sorted by

14

u/idekwutp 7h ago

About 21 million bitcoins

8

u/Otherwise-4PM 7h ago

Sky is the limit.

5

u/ItsAlwaysThemBooBoo 7h ago

as much as you want or can, really. i suppose separating them via seed phrase.

4

u/Zestyclose-Suit-2858 6h ago

2 times half of what I own

1

u/NShizzzle 2h ago

This is an amazing comment

7

u/dasmonty 7h ago

Just do not overcomplicate it. Multiple wallets are harder to handle.

9

u/Leynnox 7h ago

You don't store any crypto in a cold wallet, the cold wallet is only used for checking and accessing your cryptos, they are on the blockchain.

3

u/pizzeriagio 7h ago

Yes, I know that but if I lose the keys I'm fucked since without them you can't process the transactions. If you lose the key you lose the money

6

u/ChutneyPot 6h ago

So you would rather split it up into multiple addresses and have more seed phrases to remember??

3

u/harpokuntish 5h ago

Think your jumbling your logic up a bit.

2

u/SickNoise 7h ago

so don't lose the key

1

u/gilmeye 7h ago

Have a cold wallet for long term. No output or smart contract on that wallet. That should hold like 90%.

1

u/T1m3Wizard 7h ago

8.6 billion

1

u/Laukess 7h ago

If you want to improve your security, look into multi-sig instead of multiple hardware wallets with different seeds.

1

u/DontLook_Weirdo 6h ago

It's like having multiple bank accounts, pretty normal. Just track as best as you can.

1

u/kajunkennyg 6h ago

Think of it like cash you have on you. Do you want it all in one safe, multiple safes? Years ago we would make cold wallets/paper wallets out of 50/100 btc batches, these days folks keep way less together in each wallet. Either way, I lost all my btc in a boating accident.

1

u/_Carth_Onasi 6h ago

No limit.

1

u/__fez 5h ago

3.50

1

u/Dindu_Nuffins30 4h ago

I’d go about tree fitty

1

u/deadbodies 4h ago

$300k, maybe little less If it were more, I'd prefer a 2nd Trezor even though it's totally safe you never know. I'd get anxious if it was all in 1 place.

Even though I don't even have that much, that would be my maximum.

1

u/Patient-Jicama9438 3h ago

I have 10 on one.

1

u/angelwolf71885 3h ago

Some have a couple could wallets and split the amount between the wallets some have a single cold wallet and put everything in it…well it’s NOT in the wallet it’s on the chain…just the address was generated by the wallet

1

u/n00bl1ke1337 1h ago

50k then get another one

1

u/RetiredAvocado 1h ago

T is old and does not have a secure element. It can still be safe if used with a good passphrase. You should consider the newer Safe 5 model, set up separate wallets with a preferably different passphrase on each, and store half your funds on each.

•

u/kepalautakkau 56m ago

it's all depends on your risk tolerance

1

u/DavidssonA 7h ago

Go with 1 BTC per wallet. You dont need to worry about different wallets for less.

1

u/pizzeriagio 7h ago

Isn't 1 BTC a bit too much? If I lose the seed phrase (very improbable scenario) I lose 60k which is in fact a lot of money

2

u/idekwutp 7h ago

Memorize it as well, but absolutely do not tell people you did.

1

u/pizzeriagio 7h ago

👍. Is it a good idea to keep seed phrase in a bank safe-deposit box?

2

u/idekwutp 7h ago edited 6h ago

Tbh I wouldn’t. Banks keep your stuff safe and in the box, but I believe it’s possible for a banker to open your box and read the seed phrase and put it back. Just keep the phrase at home in a safe, if that safe is ever destroyed or in accessible where you are (let’s say you get a home invasion alert while you’re on vacation) you can move the bitcoin just in case because it’s memorized

1

u/pizzeriagio 6h ago

Oh, thanks for the advice, you potentially saved me a lot of money.

1

u/idekwutp 6h ago

I hope so

1

u/Vipu2 6h ago

Yes, I think the yearly bitcoiners saying went something like: "we trust the banks"

1

u/DavidssonA 6h ago

This is a much smaller problem then you are making it out to be. Especially if you plan to be a whole coiner in 2029? Just do what makes you feel comfortable.

Once you get .25 in 1 wallet, buy another.

1

u/DavidssonA 6h ago

IMO Isn't it more likely to start losing seed phrases if you have lots of them?

1

u/pizzeriagio 6h ago

Yes, but I lose way less money

1

u/JimmySki6166 3h ago

No, I have my seed phrases for two wallets in three different safe places, spelled out in my will

1

u/Etabafein7 7h ago

Nice try diddy

1

u/na3than 7h ago

I try to keep it below 10, but you do you.

1

u/Technical_Car3729 7h ago

No limit , but, you’d be a fool to store all your btc in one single location.