SnowRoll (OP)
Newbie
Offline
Activity: 47
Merit: 0
|
|
June 07, 2017, 09:57:40 AM |
|
So, in the last couple of months I have spread my portfolio to about 20 different tokens. I am now looking for a hardware wallet to better secure them. From what I read so far, the Ledger Nano S looks as the preferred choice, mostly for its support for multiple tokens (as opposed to Trezor's BTC only). Seeing it's on backorder till late July, I was wondering if there are any other recommended hardware wallets? Also, as my intention is to hodl for 5-10 years, should I consider using paper wallets, instead? Any other security tips will be much appreciated.
|
|
|
|
umatej
Newbie
Offline
Activity: 48
Merit: 0
|
|
June 07, 2017, 11:38:24 AM |
|
So, in the last couple of months I have spread my portfolio to about 20 different tokens. I am now looking for a hardware wallet to better secure them. From what I read so far, the Ledger Nano S looks as the preferred choice, mostly for its support for multiple tokens (as opposed to Trezor's BTC only). Seeing it's on backorder till late July, I was wondering if there are any other recommended hardware wallets? Also, as my intention is to hodl for 5-10 years, should I consider using paper wallets, instead? Any other security tips will be much appreciated.
At the moment, one and only Ledger Nano S. BUT its sold out and i think this will continue for some time.
|
|
|
|
bct_ail
Legendary
Offline
Activity: 2660
Merit: 2229
https://t1p.de/6ghrf
|
|
June 07, 2017, 12:00:45 PM |
|
Can Ledger Nano S contain any Altcoin?Can Ledger Nano S contain any Altcoin? Or is there any other Hardware Wallet in the market to contain any Altcoin? Is it technically possible?
|
|
|
|
cattani30
Sr. Member
Offline
Activity: 266
Merit: 250
Patience is the key to success
|
|
June 07, 2017, 12:36:50 PM |
|
So, in the last couple of months I have spread my portfolio to about 20 different tokens. I am now looking for a hardware wallet to better secure them. From what I read so far, the Ledger Nano S looks as the preferred choice, mostly for its support for multiple tokens (as opposed to Trezor's BTC only). Seeing it's on backorder till late July, I was wondering if there are any other recommended hardware wallets? Also, as my intention is to hodl for 5-10 years, should I consider using paper wallets, instead? Any other security tips will be much appreciated.
Trezor is also working on integrating more altcoins, at this moment is supports BTC,ETH,ETC,DASH,ZEC and LTC
|
|
|
|
David Horton
Newbie
Offline
Activity: 96
Merit: 0
|
|
June 07, 2017, 01:28:45 PM |
|
TREZOR Wallet, or Ledger Nano S
|
|
|
|
RubyM
Jr. Member
Offline
Activity: 60
Merit: 2
|
|
June 07, 2017, 01:39:21 PM |
|
TREZOR Wallet is the best hardware wallet
|
Digital asset exchange for settlement, clearing, custody and trading of various digital assets - https://bex.global/login
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
|
June 07, 2017, 02:40:02 PM |
|
So, in the last couple of months I have spread my portfolio to about 20 different tokens. I am now looking for a hardware wallet to better secure them. From what I read so far, the Ledger Nano S looks as the preferred choice, mostly for its support for multiple tokens (as opposed to Trezor's BTC only). Seeing it's on backorder till late July, I was wondering if there are any other recommended hardware wallets? Also, as my intention is to hodl for 5-10 years, should I consider using paper wallets, instead? Any other security tips will be much appreciated.
Used to be Ledger Nano S supported more altcoins than Trezor but Trezor is catching up. They both work with MyEtherWallet for tokens. The problem is finding either in stock. Better place an order now so you receive as soon as possible. I use both and the major differences are 1) Trezor can be used with one hand while Nano S takes two to press the buttons and 2) Nano S is more rugged than Trezor. There is a video on YouTube of a Nano S being driven over by a car and still works. Nano S guarantee is two years while Trezor is warrantied for one. Both have secure on device recovery now so you never have to be concerned about typing your seed into a computer if you need to replace a broken hardware wallet. Better buy two while you are at it, it is always nice to have a spare in case of loss or malfunction. As long as you have a spare you can recover your written seed to a new wallet in 10 minutes.
|
|
|
|
HippiePyro
Full Member
Offline
Activity: 504
Merit: 107
A non technical guy in a technical world
|
|
August 15, 2017, 07:03:27 PM |
|
Are these still the top choice for a multicoin hardware wallet? Is there one that supports the newer platforms like NEO, Ubiq, and Waves? Even a rumor of a hardware that supports all the above and more? Also, I was wondering if you can stake coins that are stored in a hardware wallet? Lastly, can you copy the private keys of a hardware wallet, incase the device break and you don't have the seed? Thanks for your time!
|
|
|
|
namethathasntbeentaken
Full Member
Offline
Activity: 150
Merit: 100
update : namewastaken
|
|
August 15, 2017, 08:17:41 PM |
|
Are these still the top choice for a multicoin hardware wallet? Is there one that supports the newer platforms like NEO, Ubiq, and Waves? Even a rumor of a hardware that supports all the above and more? Also, I was wondering if you can stake coins that are stored in a hardware wallet? Lastly, can you copy the private keys of a hardware wallet, incase the device break and you don't have the seed? Thanks for your time!
this. i'm a newbie too and would like to also ask : are hardware wallets safer than online wallets?
|
|
|
|
faroredono
Newbie
Offline
Activity: 27
Merit: 0
|
|
August 15, 2017, 08:23:54 PM |
|
If you're HODL for 5-10 years, I would definitely do paper.
Electronics have a lifespan, and you don't want to find out when your hardware wallet is about to die. I would only use a hardware wallet if I needed to get access easily on the road, not for 5-10 year holds.
|
|
|
|
electricretard
|
|
August 15, 2017, 08:24:44 PM |
|
Are these still the top choice for a multicoin hardware wallet? Is there one that supports the newer platforms like NEO, Ubiq, and Waves? Even a rumor of a hardware that supports all the above and more? Also, I was wondering if you can stake coins that are stored in a hardware wallet? Lastly, can you copy the private keys of a hardware wallet, incase the device break and you don't have the seed? Thanks for your time!
this. i'm a newbie too and would like to also ask : are hardware wallets safer than online wallets? Hardware wallet is probably as safe as you can get with convenience. I have most of my alts stored in a far more complex system but trezor is super secure and it's fast and easy to use.
|
|
|
|
redhorse
|
|
August 15, 2017, 09:01:39 PM |
|
If you're HODL for 5-10 years, I would definitely do paper.
Electronics have a lifespan, and you don't want to find out when your hardware wallet is about to die. I would only use a hardware wallet if I needed to get access easily on the road, not for 5-10 year holds.
In case of hardware device failure (or loss) you can recover your wallet using the seed (that you have on paper). You don't need a new hardware wallet to do this.
|
|
|
|
ghostunicorn
|
|
August 15, 2017, 09:13:19 PM |
|
If you're HODL for 5-10 years, I would definitely do paper.
Electronics have a lifespan, and you don't want to find out when your hardware wallet is about to die. I would only use a hardware wallet if I needed to get access easily on the road, not for 5-10 year holds.
You can use seeds to get your information and coins back if you're using ledger nano S. And I don't think their life span is less than 10 years. Think about 15 yer old mp3 players. They're still working.
|
|
|
|
sylance
|
|
August 15, 2017, 09:16:58 PM Last edit: August 16, 2017, 04:03:58 AM by sylance |
|
I looked into hardware wallets and the Ledger S is what I settled on. As others have said, they're sold out until mid-September so hopefully you're not in a hurry. And just to be clear, the Ledger S allows for a paper backup so that if it's lost or damaged you can restore your wallet using the seed.
|
|
|
|
namethathasntbeentaken
Full Member
Offline
Activity: 150
Merit: 100
update : namewastaken
|
|
August 15, 2017, 09:23:58 PM |
|
man, all these wallets and they're sold out, makes me wonder if that's not a serious indication of a bubble among cryptosphere
|
|
|
|
Drokzid
|
|
August 15, 2017, 11:57:17 PM |
|
man, all these wallets and they're sold out, makes me wonder if that's not a serious indication of a bubble among cryptosphere
Google trends indicator still green.
|
BTC IS KING!
|
|
|
indrakusumaindra
Full Member
Offline
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
|
|
August 16, 2017, 01:00:06 AM |
|
man, all these wallets and they're sold out, makes me wonder if that's not a serious indication of a bubble among cryptosphere
ya. too much risk and doubt at the same time. but i believe there is some hardware wallet that secure and very helpfull in managing coins. wish you luck.
|
|
|
|
Westfiled
|
|
August 16, 2017, 02:38:31 AM |
|
man, all these wallets and they're sold out, makes me wonder if that's not a serious indication of a bubble among cryptosphere
What a bubble? We are in the fact that the crypto become a trend later, they're sold out due to secure the money in the safe place, remember a lot of the hacked case and a lot of the duns already drained from the online wallet.
|
|
|
|
sylance
|
|
August 16, 2017, 04:07:15 AM |
|
man, all these wallets and they're sold out, makes me wonder if that's not a serious indication of a bubble among cryptosphere
What a bubble? We are in the fact that the crypto become a trend later, they're sold out due to secure the money in the safe place, remember a lot of the hacked case and a lot of the duns already drained from the online wallet. What got me looking into it was several factors; BTC being now worth $4000, the BTC-e fiasco, and the recent Poloniex wobble has me a bit spooked. I have several alt-coins so it'd be nice to consolidate them and not have them locked on my PC or risked on the web.
|
|
|
|
3efdvfsd3rh
Newbie
Offline
Activity: 15
Merit: 0
|
|
August 16, 2017, 04:24:17 AM |
|
I ordered the ledger nano but it will take like 4 months to deliver. . . . I hope my bitcoins are safe until then
|
|
|
|
|