hardware wallets safe?

[Emmy92]

Yes, hardware wallets are the safest and most secure because you are in charge at all times. I think it is the praticality of decentralization in real life. Also, with hardware wallets being offline, you don't need to bother about any security threat at all.

[miklesm]

Hardware wallet is the safest place to store crypto at the moment. There is no way to steal info about your Private Key if the wallet is kept offlince, so if you are a long term holder, just sent your funds to a hardware wallet and forget about them.

[pdutta]

Hardware wallet is the safest way to protect your coins from hacker and more safe than web wallet. No one can access that wallet other then the holder of it. I am using trazor hardware wallet to safe my coins.

[Douglasyukanov]

nither hardware no online wallets not 100% safe. both might be hacked if owner will not observe simply rules of their safty using.

Then in this case it will not be possible to call it a burglary, because the mistake was made by the owner of the wallet.
Cold wallets are the most hack-resistant wallets at the moment.

because the wallet per lift hard separates the private key from devices connected to the internet. Your assets are practically safe from threats such as fraud and hacking, but return to the user to keep their wallet from all possibilities.

[Fundamentals Of]

I agree. The safest wallets of course are hard wallets. This will insulate the wallet from illegal activities online, such as hacking, that might compromise the wallet's safety. But we need to realize also that if we use our coins for trading, it is expected that we are also saving some good amount in exchange wallets. Coins stored in hardware wallets are good as sleeping.

[tabas]

Hardware wallets are safe, but if all security rules are not followed, the hardware purse may be compromised

What security rules? are there any other security rules other than using your hardware wallet, keeping your private keys on your own?
And writing down the keys on a piece of paper and never on any internet connected spreadsheet/storage?

[cheezcarls]

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 was thinking of buying Trezor or Ledger Nano S these days because I don't have plans in storing my precious assets in exchanges and centralised crypto wallets.

As of now, storing it in a hardware wallet is the safest of them all. I just need to plug it in, transfer my Bitcoin and other altcoins, and plug it out.

However, there are disadvantages as well such as being damaged by shock, dust and water, and getting it misplaced or lost. We just need to take good care of it.

[efxtrader]

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 was thinking of buying Trezor or Ledger Nano S these days because I don't have plans in storing my precious assets in exchanges and centralised crypto wallets.

As of now, storing it in a hardware wallet is the safest of them all. I just need to plug it in, transfer my Bitcoin and other altcoins, and plug it out.

However, there are disadvantages as well such as being damaged by shock, dust and water, and getting it misplaced or lost. We just need to take good care of it.

Having hardwallet I think is necessary if we have a large portfolio. In addition to security, hardwallet is safer than hackers because it is not connected to the internet. Whatever type of wallet we use, it will be safer if we do not share a private key or seed word because other people can access our wallet

[LiquorBan]

Hardware wallet are very secured and very convenient, it cannot be easily hacked by anyone and it is the safest place where to put all your valuable altcoins. But it is only suitable to just holding coins because you will take much time to send fro wallet to exchange.

[rdewilde]

Hardware wallets are perhaps the most secured and trusted wallet. This is because they are entirely offline and entrusted in your care, if it gets compromised, then it means you have out the keys. Hardware wallets is also making waves as most people keeps using it owing to its security nature. Another wonderful feature is, it is easy to carry about.

[coin-investor]

I have one and I think everyone should have one too, it's quite costly but it's worth it, this is highly recommended for bounty hunters and investors, it's probably the safest thing where you can keep your coins and it is built as the best coin storage.

[pinoy.bolanon]

nither hardware no online wallets not 100% safe. both might be hacked if owner will not observe simply rules of their safty using.

Agree, its still depend on us, on how we manage our assets, the bad thing about using hardware wallet for me is that, it can be lost for some reasons and if you have mo means to retrieve or you were not able to back up, it will be nothing and nonsense and a waste of time, but over all if im gonna compared the two wallets, id rather choose online wallets over hardware wallets, why? simply because online wallet is easy to operate and can be open everywhere, you just need an internet connection and you are good to go.

[irixo10]

Ever since hardware wallets were created they have successfully helped users within this space to maintain security of their assets as convinent as possible. There is no need to worry about any type of security breaches or cyber attacks as your coin is right there with you. Hardware wallets really shows what it means to be "decentralized", how? You own the keys to your wallet and can access it when you want to.

[Neovitadi]

I agree. The safest wallets of course are hard wallets. This will insulate the wallet from illegal activities online, such as hacking, that might compromise the wallet's safety. But we need to realize also that if we use our coins for trading, it is expected that we are also saving some good amount in exchange wallets. Coins stored in hardware wallets are good as sleeping.

The safest wallets are not hardwallet's because you don't know what is in it unless you see the wallet built yourself.
Use a regular desktop wallet and encrypt it. Encrypt everything, even a folder.

[Mikcik]

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?

Cold wallet is one of the best asset protection methods available today. Just as many wallet mobile themselves claim to be "hard wallet without deveice" but many people have complained that they lost their properties via mobile wallet. So for me the hard wallet is still the best

[btccrusher]

Hardware wallets are safe only if you can make sure that your device has no access to anybody else, including your passphrases, keys. Also, it is important that you purchase from a trusted source, cause the middlemen involved in delivering your wallet could use phising codes.

[MMA Rats]

Hardware wallets are safe, but if you do not follow the rules, you may lose your money from your hardware wallet

[mackstuart]

Hardware wallets are a very reliable way to store cryptocurrencies, if you have a large amount in cryptocurrency, then you should definitely buy a hardware wallet

[Crypt0BHunter]

IMHO, the 2FA provide enough security if you have less than 10k USD to manage if more I'm using Ledger and it is safe enough

[peterlustig]

In my opinion, hardware wallets are one of the safest things to store your crypto in. Previously I used to store my crypto in a paper wallet they were safe but not that safe (physically) but ever since I started using hardware wallet I never went back.