I have some bitcoins and ether at Blockchain.info and I am really scared of losing them.
How do I best secure them? Right now I have a paper with the code to restore my wallet, but my coins are still stored at Blockchain.info.
Wouldn’t it be better to store them completely offline? How do I do this? What is the difference of storing them at Blockchain.info and keep a paper with the code to restore the wallet?
I guess if I store my coins at Blockchain.info, I have to trust that they don’t go bankrupt, they don’t steal my coins, and no one hacks their servers and steal my coins.
Therefore, I guess it’s more safe to store them physically, but I don’t understand how they are stored physically. From my understanding, I just create a code that can validate that I am the owner of the coins. So if I in the future want to see my coins, I can create an online wallet using the physically stored code?
What I basically want is to store my coins offline but have a wallet where I can see exactly how many coins I can access with the offline stored code (without giving the code to an online wallet).
I have also looked at Ledger, but they are very pricey and I don’t really see the value in them, since I still have to store a code on a physically printed paper to be sure I can still access the coins in case I break or lose the Ledger.