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Topic: Using Passphrase to avoid comingling funds? - page 2. (Read 228 times)

newbie
Activity: 8
Merit: 20
I am new to Bitcoin and want to set up 2 separate wallets or "stacks" of Bitcoin to HODL in cold storage. What is the easiest way to have two separate, relatively private (unconnected on the blockchain) stacks of BTC with the minimum number of devices, keys and passwords / phrases to manage?

I was considering putting Coinbase funds on a hardware wallet and then setting up a "passphrase" for an additional wallet (on the same device) to store my P2P coins. Will that keep them separate on the blockchain or can 3rd party observers see that one public key controls both those 2 different wallets and see the balances for each?

Or do I need two hardware wallets for better privacy?

thank you in advance.



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