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Phyiscal or online wallet?
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Topic: Phyiscal or online wallet? (Read 453 times)
Crypto1989
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Re: Phyiscal or online wallet?
January 15, 2018, 10:31:02 PM
#41
I feel alot safer with the physical confirmations of transactions.
biletskiy
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Re: Phyiscal or online wallet?
January 16, 2018, 09:47:05 PM
#42
Quote from: uniqueuser on January 02, 2018, 11:41:28 AM
Hi there,
Where is the best to store 10 different altcoins? On physical device or online?
Can I store on physical device let's say my own USB flash drive?
On my mind online platform for saving money is worst place. It is much better as for me to keep the money on the computer in the special downloaded program. That’s even better than using USB-flash.
Muhammad Muneeb
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📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
Re: Phyiscal or online wallet?
January 16, 2018, 09:52:55 PM
#43
the most safest wallet is paper wallet.. cold storage is way batter than the online one there is always some risk in online wallets like phishing or other social engineering..
██████████████ CARTESI 📱 LINUX INFRASTRUCTURE FOR SCALABLE DAPPS ██████████████
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Crytptohack
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HodL!
Re: Phyiscal or online wallet?
January 16, 2018, 09:53:18 PM
#44
I say get a Trezor or Ledger Blue/Nano S. A plain USB flash stick does not have a passcode to access and it will not hold full core wallets (full blockchain downloads).
william8829
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Re: Phyiscal or online wallet?
January 16, 2018, 10:07:12 PM
#45
I prefer to keep my coins on different platforms and ofc physical wallets are preferred but I am not a stickler on that point when it comes to ease of access.
Have you heard the saying don't put your eggs all in one basket?
Cryptocurrency will never match the security of a brick an mortar bank from the 20th century. Mistakes happen. Developers are not perfect and bugs are a reality. Hackers find and exploit these bugs for their benefit. But most likely it will be some sort of user error. Keeping all your private keys and passphrases on a laptop, open a webpage and viola you have just installed a malware program and lost all of your files and soon your cryptocurreny.
I find the most stable/reliable wallet for a particular cryptocurrency and keep my funds there(ease of access like I mentioned). Same goes for my backups. I keep them in different places using different mediums of storage.
Dimedroll
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Re: Phyiscal or online wallet?
January 16, 2018, 10:56:07 PM
#46
Quote from: Crytptohack on January 16, 2018, 09:53:18 PM
I say get a Trezor or Ledger Blue/Nano S. A plain USB flash stick does not have a passcode to access and it will not hold full core wallets (full blockchain downloads).
I have gift from New Year. It's Ledger Nano S, but unpacked...
So, I prefer online wallet or big exchange (when i trading)
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