AVOID Costly Mistakes! The BEST Way to Keep Your BTC Safe

Are you at risk of loosing your Bitcoin? Get the Best Bitcoin Watches ever: - Here: https://www.coinvigilante.com/?ref=robinseyr Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Guest's contact: https://x.com/ColeTU !!! Disclaimer: This content is for educational purposes only. The views expressed by Robin Seyr and guests are their own and do not reflect any responsibility or liability on our part. Summary In this conversation, Robin Seyr and Cole discuss the critical importance of self-custody in Bitcoin ownership, emphasizing the need for individuals to take responsibility for their digital assets. They explore various security solutions, including multi-signature and single-signature wallets, and the significance of UTXO management. The discussion highlights the evolving nature of Bitcoin wallets and the necessity for users to understand their setups to ensure the safety of their investments. Takeaways Self-custody is essential for true ownership of Bitcoin. Trusting custodians can lead to loss of assets. Bitcoin wallets have become easier to use over time. The more Bitcoin you hold, the higher security you need. Multi-signature wallets offer enhanced security but add complexity. Understanding UTXO management can save on transaction fees. Hot wallets can be secure for short-term use. Your Bitcoin setup should evolve as your holdings grow. Education is key to overcoming fears of self-custody. Always have a backup plan for accessing your Bitcoin. Chapters 00:00 Introduction to Self-Custody 01:13 The Importance of Self-Custody 04:09 Trust and Security in Bitcoin 07:04 Overcoming Fear of Self-Custody 10:05 Understanding Multi-Signature vs Single-Signature 13:03 Collaborative Multi-Signature Solutions 15:48 Complexity vs Simplicity in Security 18:56 The Role of Advisors in Self-Custody 21:46 Evaluating Hardware Wallets 23:27 Choosing the Right Hardware Wallet 27:50 Understanding AirGap Technology 32:47 The Importance of UTXO Management 42:48 Long-term Bitcoin Strategy and Security