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Author Topic: hardware wallets safe?  (Read 10215 times)
b3llsf1l3s
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June 14, 2019, 05:59:54 PM
 #101

it is the safest but also the majority of people are still not easy to get goods because the selling and aftersales prices are quite far, and also the desktop wallet is easier because of its flexibility.

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June 14, 2019, 07:46:10 PM
 #102

Hardware wallets are meant to be safe but the safety will be the based on how how secure we are keeping the private keys and the wallets.there are many hardware wallets available for cryptocurrencies to read but only very few were trusted enough to store any amount of cryptocurrencies so you also need to buy that one and keep your cryptocurrency safer remember buy hardware wallet only from the official website or you will lose your money as well.

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June 14, 2019, 07:56:33 PM
 #103

I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.

One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.

Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.

what say u?
I have never used hardware wallet since I came into cryptocurrency and all my wallet are online wallet. I know it is risky but I don’t have any options because I am a trader. I need my funds to be in exchange in other to take investments opportunities as there come. Hardware wallet is better than online wallet but if you are a trader I think having you funds in exchange is better.
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June 14, 2019, 07:57:16 PM
 #104

Hardware wallet is very safe for storing assets. I currently use Trezzor for storage and hope that if there are no errors that will only make the assets become lost or stolen due to hacker actions
Definitely, we can make it safe even using online wallets but you've tried for a long term storing then,  hardware wallet was good at that.  It guaranteed to have a safe keep, only we need to put our keys in a safe place also to avoid from from losing it which seems to be hopeless if it will lost cause that's the only way we can open our wallet back.


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June 14, 2019, 10:23:02 PM
 #105

Hardware wallet is actually the safest wallet in as much as one doesn't expose the seed to the wallet. The wallet is safe and it can't be easily hacked because the private to the wallet doesn't get out of the wallet.
indeed, such a wallet can provide a very high security, but when the wallet is accessed on some devices it must be completely safe from viruses because if there is a virus such as phishing or malware on a connected device, your wallet will be infected.

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June 14, 2019, 10:45:32 PM
 #106

Nothing is safe in this world, especially in the crypto currencies industry. Just look at this forum and count how many posts about hacking are posted every day. However, a hardware wallet is much safer as a regular MEW.
It's true that nothing is safe but hardware wallets conduct updates so if they find out some faulty on their software, they are updating it immediately so that there will be no backdoors open for their hardware. MEW is good for those who can't avail hardware but coins to be stored there is limited just for ethereum and erc20 tokens. While having a hardware wallet, you have more security and you can hold the supported coins that it has not just those two types.

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June 14, 2019, 11:45:23 PM
 #107

Hardware wallet is indeed now one of the easiest ways to be used as a coin safe. now only by separating coin assets from laptops that can prevent hacker attacks. and hardware wallet is the way

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June 15, 2019, 02:19:53 AM
 #108

hardware wallets are very safe, because we need our wallet devices when we want to access them. so security is guaranteed. and it is necessary to note that we should not remove the device.
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June 15, 2019, 02:52:54 AM
 #109

I think that too, wallet hardware is much safer than online wallet, because the possibility of being hacked is very small, but there is a lack of hardware essence for this wallet, that is, it can be damaged and lost
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June 15, 2019, 05:41:52 AM
 #110

Hardware wallets are meant to be safe but the safety will be the based on how how secure we are keeping the private keys and the wallets.there are many hardware wallets available for cryptocurrencies to read but only very few were trusted enough to store any amount of cryptocurrencies so you also need to buy that one and keep your cryptocurrency safer remember buy hardware wallet only from the official website or you will lose your money as well.

I think trezor is good hardwallet. Hardware more secure to store our coin and token because not connected with internet. But the important think is always careful suspicious link on our email because most of it is phising link
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June 15, 2019, 06:20:10 AM
 #111

I guess using offline wallet is safer thank the vise vaser
Offline wallet is also safe but can still not be compared to hardware wallet. We can only compare offline wallet to online wallets which both of them still share some security issues in common.

Most offline wallets can still be hacked, because there is no way you will use offline wallet without still at one point connecting your system to internet, and there are sites you visit with internet that has so many malwares purposely designed to spy into your system activities.

Once these malwares gain access to your offline wallet unknowingly, it could be redirecting all your transactions to an unknown place that a scammer has designated, wherein all these are not going to be seen in a hardware wallet.
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June 15, 2019, 06:23:25 AM
 #112

Speaking of hardware wallets, there are scam attempts regarding Nano S, it was about a fake support number that you can find in Google. Here is the thread, https://bitcointalk.org/index.php?topic=5154388.0. So again, this is just a friendly remainder not to fall for this trap and always, always go to the official site if you need help.

 
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June 15, 2019, 08:08:53 AM
 #113

Hardware wallets are meant to be safe but the safety will be the based on how how secure we are keeping the private keys and the wallets.there are many hardware wallets available for cryptocurrencies to read but only very few were trusted enough to store any amount of cryptocurrencies so you also need to buy that one and keep your cryptocurrency safer remember buy hardware wallet only from the official website or you will lose your money as well.

I think trezor is good hardwallet. Hardware more secure to store our coin and token because not connected with internet. But the important think is always careful suspicious link on our email because most of it is phising link
Yes,even after having hardware wallet we need to be more cautious about the phishing links.And also have good protection for your system.with premium antivirus which can save you from malcious link most of the time.

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June 15, 2019, 12:52:40 PM
 #114

Most peoples consider the safest and most secure wallet is hard wallet.
In crypto exchanges, they usually stored their coins in a cold wallet because it is more secure than hot wallet.
Hard wallet is not free, but it is worth for someone who wants to secure their assets in crypto coins.

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June 16, 2019, 09:11:25 AM
 #115

I think they are, I mean if you pick the market leading ones they are pretty safe. Like if you get nano ledger s or trezor they are pretty safe but they are of course lacking some small coins as well since they do not support a lot of coins, however if you deal with only the big ones they do support like as much as 20+ coins so you should be fine.

My friend had a ledger nano s he used to have and he lost it for a lot of months but he still had his key phrase with him he found that so he was not even worried, anyone who got his ledger nano couldn't break into his wallet and take his money out so he knew he was still secure. Of course he found it after couple of months in one of his bags Cheesy but it was still showcasing how great security of it was when he wasn't worried about the potential of all his money at someone else's hand.
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June 16, 2019, 10:50:38 AM
 #116

Yes, but sometimes there are vulnerabilities. hackers are smart and if there are updates they can easily find new bug and stole your money, so you have to be cautious
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June 16, 2019, 11:26:55 AM
 #117

Yes, but sometimes there are vulnerabilities. hackers are smart and if there are updates they can easily find new bug and stole your money, so you have to be cautious
yes, so you need to be more careful and start from yourself even though the wallet looks safe but if we are careless then maybe we can concede.
be careful and do it carefully so you can be safer in saving money in your wallet.

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June 16, 2019, 02:09:35 PM
 #118

Yes hardware wallet best safety for our Cryptocurrency. When you want take long time holding then hardware wallet best safety with your crypto.
Your key can be placed in a specific location on your laptop /pc and hakers will not caught your key.
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June 16, 2019, 02:16:26 PM
 #119

Yes, but sometimes there are vulnerabilities. hackers are smart and if there are updates they can easily find new bug and stole your money, so you have to be cautious

thats true but updates are not bad , infact updates are good because an upadate means improvement whether its an improvement of the security of the wallet or they will add more service but i dont think that there will be a flaws during or after an update  . other than that, hardware wallet is still the best and the most recomended wallet above all other online wallets out there  .

hardware wallets are safe but the person needs to handle thier hardware wallet carefully so that it wont be droped , damage or stole by a thief  .
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June 16, 2019, 03:26:28 PM
 #120

I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.

One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.

Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.

what say u?

Although im not using hard wallet to store my coins, many peoples recommend to using it because the security.
When you have big amount of coins, you should using safer wallet like hard wallet to keep your coins safe.
Trezor and ledger nano are the most popular hard wallet i guess.

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