Restore Bitcoin wallet from backup
In real life you do not carry all your money in the pocket every day.
Similar to real funds, you should part your Bitcoins and store small
amounts required to cover your everyday spendings in your mobile or
online wallet. Distribution of your funds between several depositories
makes it impossible to steal all your funds at a time.
Backup your wallet
Backup of the wallet is very important. Keeping backup of Bitcoin wallet in secure place helps to restore it in case of computer failure or multiple human mistakes. It can also help you to restore wallet if your mobile was stolen. Of course in case it was encrypted properly. If you decided to backup your wallet you should take into consideration several suggestions:- Backup entire wallet.
As some of Bitcoin wallets use internal hidden private keys, you need to backup entire wallet. If you only backup your private keys, you may not have possibility to restore most of your funds using such backup. - Online backups need to be encrypted
Any backup stored online is highly vulnerable for theft. Even hardware wallet on the computer connected to the Internet is not protected against malicious software. If you mind presenting your funds to thieves, you should consider encrypting your backups. - Several depositories.
It is great if you have already used the above-mentioned tips to safeguard your wallet. But what would happen if you saved and encrypted your backups but they were lost too? In order to avoid this unpleasant situation you need to store your backups in several secure depositories. It is recommended to consider different medias such as USB keys, CDs, papers, etc. - Backups must be on regular basis
You should backup your wallet periodically. The latest backups have to contain all new private keys and Bitcoin change addresses. If not, you may fail to restore everything properly.