Get my Bitcoin course here:https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoinThe Bitcoin University Forum:https://www.bitcoinuniversity.com/bitcoin-forumIn this video, I discuss common mistakes that people make using hardware wallets that result in their Bitcoin being stolen instantly.When you set up a new hardware wallet, you should always generate a fresh recovery seed and then a fresh receive address. Use your old hardware wallet to sign a transaction that sends your BTC to that new fresh receive address that's controlled by the new hardware wallet.If you input your old recovery seed into a new hardware wallet, you've basically just reconstituted your Bitcoin holdings and their private keys on that new device. This is fine if your only goal is to have a new signing device to use.It's not fine if you are worried about your old hardware wallet and recovery seed having been compromised.Not investment advice! Consult a financial advisor. My favorite hardware wallets:https://coldcard.com/https://blockstream.com/jade/BIP-39 word list:https://www.blockplate.com/pages/bip-39-wordlistFree Bitcoin videos:https://www.bitcoinuniversity.com/courses/80320-free-bitcoin-videoshttps://www.youtube.com/@Bitcoin_University/videosI am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #hardwarewallet Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=FIq2UocfRg4