hardware wallets safe?

[masyveonk]

I have been holding my bitcoins and etherium at my Ledger Nano S wallet for a few years already and no one satoshi has gone yet, so I am sure it is safe.

But a hardware wallet needs to be bought only when there is a large amount of money in the cryptocurrency, in other cases I see no point in buying a hardware wallet

[kram31]

It is the safest wallet to have.
If you have so many cryptocurrency savings for the future then you must invest on your hardware wallet.
As they said, if you invested more than 500 USD in cryptocurrency then it is worth having it!

[semobo]

I have been holding my bitcoins and etherium at my Ledger Nano S wallet for a few years already and no one satoshi has gone yet, so I am sure it is safe.

I think that danger exists only when you are trying to transfer your funds but not when you just hold them on your wallet.

No issues while sending as well if you keep your wallet free secured from any one and also the private keys.

[ub27]

Hardware wallets are obviously safer, but it doesn't mean they don't have their own drawbacks. Private keys of Web wallets or app wallets can easily be stolen if care is not taken. For example, people install strange keyboards which might be from scammers/hackers and their wallets get hacked through that means. Hardware wallets are more secure, my best picks are Ledger Nano and Trezor.

[mackstuart]

I have been holding my bitcoins and etherium at my Ledger Nano S wallet for a few years already and no one satoshi has gone yet, so I am sure it is safe.

But a hardware wallet needs to be bought only when there is a large amount of money in the cryptocurrency, in other cases I see no point in buying a hardware wallet

If you have bitcoin for several thousand dollars, you should think about buying a hardware wallet. In the future, it could turn into several hundred thousand dollars.

[mdzahed134]

I have never used a hard wallet and I still use a web wallet even now there are no obstacles at all. so, basically every crypto wallet in terms of security depends on the user, and if it's not careless I think nothing bad will happen

But hardware wallet is very different from the other wallets like as desktop wallet,Mobile wallet,Paper wallet. Your money will highly secure in the hardware wallet because you have to no worried to keep your private key. So i think right now hardware wallet is the most Secure wallet. Everyone not a security expert in that case hardware wallet can be ensure to safe your money. I don't hold my assets in the web wallet for the long times. But in situation i recommend hardware wallet is the best.                  

[jackblacksparrow]

I believe that the safest wallets in the cryptocurrency are hardware wallets, because there is almost no way that crooks will be able to get data from their wallets and then log in

[cotton ball]

Hard wallet software safety than you use or save your token with exchange wallet or put in online wallet like myetherwallet, when you use your hard ware wallet your token only can access with your software and not one can hack your token if your hardware wallet still in your hand, for every one have multi kinds assets better buy hardware wallet and save your assets there.

[mackstuart]

I believe that the safest wallets in the cryptocurrency are hardware wallets, because there is almost no way that crooks will be able to get data from their wallets and then log in

The hardware wallet is very reliable when observing the security rules. I recommend buying hardware wallets only from the manufacturer.

[CarnagexD]

hardware wallet is the safest way to store cryptocurrency.. as long as you keep your seed in safe place no one can take your crypto

I definitely agree with you, I already have hardware wallet and most of my cryptocurrencies are there. Most of my bitcoin and ethereum are stored in my hardware wallet then I keep it my safety cabinet which is also have lock. I know some of the member who have a lot of cryptocurrencies use this kind of wallet because we want to secure and we know there are hackers that can stealth our crypto. Lastly, I print my seed phrase and then I also stored in my safety cabinet.

[meliodas]

Safety doesn't depend on what type of wallet do you have. It all depends on how you manage your wallet. Even with a hardware wallet but you are not really taking care of it then it is still useless and you might still experience some incidents like getting hacked or getting your cryptocurrencies stolen. On the other hand, if you are really careful and you do all of the precautions then hardware wallets and even the online wallets are really safe.

[Pearls Before Swine]

I'm a huge fan of hardware wallets, and I've used quite a number of them.  Not only are they secure, they allow you to store essentially any altcoins you want on them (at least most of them do).  You could use a multicoin wallet like coinomi on your smartphone, but what happens if that phone gets stolen or you lose it?  You aren't carrying around a hardware wallet all the time like you do with your phone.

The only security issue of note is keeping the seed phrase safe and remembering all of the passwords and such, but that's true of any wallet that uses passwords and phrases.  

If anyone is getting started with hardware wallets, I would suggest getting a ledger or trezor.  They both function wonderfully and they don't cost that much either.  I love mine.

If you have bitcoin for several thousand dollars, you should think about buying a hardware wallet. In the future, it could turn into several hundred thousand dollars.

Even if you have less than that or if you own an assortment of altcoins a hardware wallet is still worth considering.  They really are cool devices.

[naska21]

I believe that the safest wallets in the cryptocurrency are hardware wallets, because there is almost no way that crooks will be able to get data from their wallets and then log in

Depends on the skill level of those who use them. That level should match to technicalities of hardware wallets, if not,  then  there's a chance  to loose all even with those wallets.

[Colt81]

Hardware wallet is really safe because it is difficult for hackers to access in a hardware wallet, but some says hackers can still access to it when you started to go online with your hardware wallet, that is why you should still be careful in the sites that you visit because maybe it is one of the ways for them to see your hardware wallet.

[tsaroz]

Hardware wallets are made to be used as a safe device to store your crypto so they ought to be safe. But still the safety of your coins largely depends on the ways you use and store them and their seeds and private keys. A carelessly used hardware wallet maybe riskier than a properly used desktop wallet or even a web based wallet.

[DabsPoorVersion]

Hardware wallets are made to be used as a safe device to store your crypto so they ought to be safe. But still the safety of your coins largely depends on the ways you use and store them and their seeds and private keys. A carelessly used hardware wallet maybe riskier than a properly used desktop wallet or even a web based wallet.

It is considered to be the safest wallet for our cryptocurrency, designed to fight malwares/phishing that was the basic root of hacking. Using hardware wallet will help to secure your investment using your computer device, it is created with high security private keys. It is also user friendly to easily access by anyone who wants to use it.

[SarangWallet]

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?

For now I have never used a hardware wallet. I am interested in the wallet, but I am not experienced in this. What if the hardware wallet is damaged, can the data still be retrieved?

[Zeke_23]

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?

For now I have never used a hardware wallet. I am interested in the wallet, but I am not experienced in this. What if the hardware wallet is damaged, can the data still be retrieved?

There are some ways to recover it, there's a tutorial you can watch from youtube but as far as I know not all the damaged or corrupted hardware wallet can be retrieve. All of the crypto in hardware wallet will be put to waste, that's why protecting your hardware wallet is necessary to protect what's inside.

[103deltafox]

Yes, they are very safe, all you need to do is keep your seed safe. Hardware wallets are adviced or preferred because once your seed are safe then your coins are safe. They are safer that web and App wallets. Generally, no matter the wallet we are using, we should endeavour to keep our seed and private keys safe.  

[Vitamin_52]

if you keep a private key, it is better to write it in a notebook. if you want to store the token safely and have no money on Trezor or similar. you should download the coin wallet, throw it on a flash drive and store tokens there.