Once someone decides that they want to hold bitcoin in self-custody, they will soon discover that hardware wallets are the most secure tools for managing bitcoin keys. The next question becomes whether to use a singlesig wallet or a multisig wallet.If you choose to use multisig to secure your long-term savings, you will also need to decide whether you want to set it up all by yourself, or in collaboration with others. Both of these approaches have their own set of trade-offs, and in this article we will compare and contrast them.