I have a significant amount of ETH in a Ledger wallet. I store the wallet, along with the phrase words, in a safe in my house. I know it’s extremely dangerous to store the Ledger and the words together but I’m really at a loss as to the best way to secure these things. I’m not an active trader so I don’t need easy access to the Ledger. I used to store the ETH on Gemini but got nervous with the Earn debacle and took them off. I’m worried I’m no safer now than on Gemini. Any suggestions?
People are way to paranoid about this stuff. The possibility that somebody breaks in and steals/opens your safe is very very very small. We don’t think that, because we see it on TV all the time, but that is not real life 😊
So if you don’t brag about how much crypto you have, it should be totally fine.
As been said by someone else already, if your seed phrase is in there, it doesn’t matter if the ledger is there too. The seed phrase would be enough for a thief