bibimbap0607

Then why don’t you use a hot wallet? Hardware wallet is not the best thing for traveling. Just move some crypto to your hot wallet and travel with peace of mind.

You don’t take all your bank accounts on a trip with you, right? Usually it’s some cash or credit card but not your life-savings. Despite hardware wallets being called “wallets” they are more of your self-custodial “bank”. And hot wallets on you mobile phone are classical wallets that you carry around.

I think some hot wallets have this “dummy” wallet feature. Can’t remember which ones but I definitely saw it.

Yeah, probably being humble about your crypto and not talking too much related to it will be more than enough to avoid any kind of wrench attacks.

Actually, it’s the same way as with fiat money, you don’t talk much about your bank accounts, do you? And with all due respect, I don’t think OP has whale amount of crypto.

Not sure why people in crypto tend to make things more complicated. Crypto is already not the easiest and most intuitive thing and adding more complexity to it won’t do any better.

I that case why don’t you keep it simple and create multiple accounts derived from one seed in Ledger Live?

Yeah probably having a separate seed for each kid is more convenient as you can give them it later, but I think it’s overcomplicated. In my opinion it’s better to manage all crypto with one seed and put them into different accounts in Ledger Live for the time being.

There is no need to keep track of multiple seeds and protect them. I would even advise against it. Keep it simple. In the future you can get your kids their own hardware wallets or whatever we will have at that time, set it up, send crypto to their new wallets and give them as a present.

If you don’t mind Ledger, it supports passphrases that allows you to create multiple wallets. And if I am not mistaken each passphrase can be attached to PIN. Haven’t used this feature in my Ledger device.