Please bear with me, I'm just getting started. I need some guidelines.
On a airgapped live usb machine I have generated a Paper Wallet with myetherwallet.com, downloaded from github.
I used a password, generated it and printed it out. But it seems that it has printed the Private key unencrypted, do I still need the to save the password? I haven't saved the json file, I only want it on paper, is that OK?
What I have now is my Address and my Private Address.
To safely watch the balance, can I use "Your Address", is that my watch address? And can I send funds to My Address?
Edit: If I have posted in the wrong section, feel free to move it.