Bitcoin Forum
May 25, 2024, 03:27:05 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5]  All
  Print  
Author Topic: Are you using a hardware wallet to store your coins?  (Read 892 times)
JuliaJi
Full Member
***
Offline Offline

Activity: 896
Merit: 103



View Profile
November 30, 2018, 06:40:02 PM
 #81

After my wallets were hacked and stolen few thousands dollars I bought ledger nano, that was the one exist to stop this
Uguande
Member
**
Offline Offline

Activity: 62
Merit: 10


View Profile
November 30, 2018, 07:05:38 PM
 #82

After my wallets were hacked and stolen few thousands dollars I bought ledger nano, that was the one exist to stop this
It is very sad to be hacked. Fortunately, I have never been hacked, but I prefer to use hardware wallet, because it is not expensive and also one of the safest way to hold your assets
alex_kir
Full Member
***
Offline Offline

Activity: 490
Merit: 100



View Profile
November 30, 2018, 08:15:44 PM
 #83

I think hardware wallet is good for those who hold big amounts of bitcoins for a long time. for those who want to use bitcoins as currency, mobile wallet is better.
Of course, every person is entitled to his opinion, but it seems to me that a hardware wallet is good for absolutely everyone, as far as I know that today even buying and selling BTC is carried out by direct transfer of hardware wallets from hand to hand.
tamango
Full Member
***
Offline Offline

Activity: 602
Merit: 100



View Profile
November 30, 2018, 08:30:27 PM
 #84

I use only hardware wallet everytime I can. After been hacked last year with my online neo wallet (i still didn't undestand how they did) I bought a ledger nano S and now I feel better and I do transactions without fear. I recommend to buy an hardware wallet to everyone that has a medium-big amount of money in crypto.
agentx44
Sr. Member
****
Offline Offline

Activity: 756
Merit: 268


View Profile
November 30, 2018, 08:52:41 PM
 #85

Hardware wallets are state of the art devices to store your coins or tokens safely.

There are still many misconceptions about these devices. Let's talk about it!

For instance, a lot of people think that if they lose their hardware wallet, their coins are lost. This is not the case. If you lose your hardware wallet device, or if it's stolen, you can always safely restore your accounts on another wallet. All you lose is the hardware device itself, not your accounts.

The main advantage is that you never have to expose your private keys, neither for storing your coins, nor for doing transactions. It makes it almost impossible to compromise your coins, even if your computer's operating system is hacked into. Thus if you're serious about storing your coins for the long term, a hardware wallet is highly recommended.

Do you use a hardware wallet?
Yes i am using a hardware wallet like ledger to store all of my coins. I believe it is much safer if you store  your coins in a hardware wallet to avoid hackers and because you are the only one who can access it just always remember where you put it and don't ever misplace it.
ableh
Sr. Member
****
Offline Offline

Activity: 498
Merit: 251


CryptoTalk.Org - Get Paid for every Post!


View Profile
November 30, 2018, 11:14:10 PM
 #86

I'm not using a har ware. for me it's more safety to hold my money on different exchanges and in few cold wallets. split between mew/blockchain info/eos etc.
Are you sure it's more safety to store it in exchange wallet? it seems that you has made a mistake in making statement. There are many cases of exchange hacking and most of them cannot re-fund their users, this incident should can make you aware to not store any crypto assets in there.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
YoBit AirDrop $|
Get 700 YoDollars for Free!
🏆
rickadone
Legendary
*
Offline Offline

Activity: 1176
Merit: 1024



View Profile
December 01, 2018, 09:45:09 AM
 #87

I used to but I do not have enough money to make it viable to use my ledger nano anymore. I used to store all my coins there and try to divide it equally and so forth, basically spent some time on getting a portfolio that looked respectable and like a proper crypto investor.

Obviously, I have tried to stay at those levels for a long time but I have failed so in the past 6 or 7 months and ever since june-July I have been using only my local exchange where I can put bitcoins in and take out fiat in return. Without a proper amount of coins needing storing there is no need to use hardware wallets, they are there for a bigger investor (even a medium one) but when you have couple hundred dollars in bitcoin there is really no need for it so I just put it aside somewhere and hoping to use it when the prices go up again.
Pages: « 1 2 3 4 [5]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!