Is the hardware wallet really safe?

[veleten]

you can always ( and should ) reset your new wallet and get a new passphrase
they call it "Set up a new device" and it resets your seed and you won't be threatened by any MITM hacker attacks :

https://support.ledger.com/hc/en-us/articles/360000613793
also try to buy your hardware wallets from the official vendors only , there were stories about people buying relatively cheap wallets from EBay or Aliexpress
and then getting the passphrase substituted and funds stolen , because they didn't do what I said above
this said , hardware wallets are one of the safest ways to store AND use your crypto

[Spider A4]

Yes, if you don't want to spend to buy a hardware you can try cold wallet like Electrum wallet you can install Electrum on Android mobile and keep it offline as your hardware wallet if you want to make a transaction you need to make a raw and sign transaction with your Electrum cold wallet and then broadcast it to any broadcasting sites.

This is interesting, so I can store my bitcoin on my android phone using the electrum cold wallet without having to buy any hardware wallet. I am just thinking about how safe this will be! With your explanation. I just need to disconnect the phone from the internet to making it a true cold storage.

I used few months mobile electrum wallet but i found some bug but now it's new upgrade and i think as cold storage mobile wallet it's safe.
I am not familiar in mobile wallet to store my money so i will suggest ledger nano s. I strongly believe Hardware wallet will provide best safety.

[milesfull]

Hardware wallet is at least much more safe than others. But you should have basic computer security knowledges too

[TinaK]

Hardware wallet is at least much more safe than others. But you should have basic computer security knowledges too

We can understand that you have least knowledge about the add valid and how to using it. Generally if you keep your wallet away from the uses of friends whom you feel they are not safe. Apart from your close ones hacking your wallet is not possible unless and until you are providing the access for using the wallet and saving your phrase or private key on any online sources.

[Youghoor]

1. Now Myetherwallet was hacked by random password algorism.
2. It is possible to pass the Ledger nano's recovery sheet.
3. Hacker can buy another ledger nano wallet.
4. They can put the hacked recovery word to the new wallet.
5. Our asset is stollen easliy.
6. Paper wallet( Bitaddress ) is also same above.

Am I much strict?
I dont know how I can keep my coin perfectly safe.
I know there is no perfect about anything in the world.
But can you notice the best way to keep the coin safe? 
Or can I make the hardware wallet only for me?
I can do programming and machining material because I am a engineer.
Thank you for reading my long question.
Have a nice day

in this online world, every individual is in charge of his or her own safety in terms of keeping your wallet and funds safe and secured. It doesn't really matter if you are either using a hardware wallet or an online wallet, once you share your wallet details with a third party, your funds will definitely by stolen. In this part of the financial ecosystem, your safety of your money is in your own hands.  Hacking is only possible when you make yourself available or share personal details related to your wallet or account details. Hackers always need your permission before they can actually have access to your wallets or online accounts.

[bettercrypto]

1. Now Myetherwallet was hacked by random password algorism.
2. It is possible to pass the Ledger nano's recovery sheet.
3. Hacker can buy another ledger nano wallet.
4. They can put the hacked recovery word to the new wallet.
5. Our asset is stollen easliy.
6. Paper wallet( Bitaddress ) is also same above.

If you give access to your online bank account or authorize someone to take your bank balance then who is responsible in here. Your ignorance of course.
The same is here. If you are too naive to keep your seed of a hardware wallet safe then you deserve someone to steal your fund. Your scenerio is not very practical to me.

I can do programming and machining material because I am a engineer.

You could be an engineer ( not sure in which sector) but your basic is very poor I think. Don't overdo anything. Being an engineer I hope you know "KISS" is something to find a solution.

I don't think that all of the blame will go to the victim. Eventhough ignorance is the beginning of hacking, we should not blame them since they just think that everything in MEW is secured. He had a lot of trust and I think that belief from security that wallet can give will break by ruthless hackers. All of funds must be kept safely but sometimes accidents are not in our hands.

[sheenshane]

snip-
Am I much strict?
I dont know how I can keep my coin perfectly safe.
I know there is no perfect about anything in the world.
But can you notice the best way to keep the coin safe? 
Or can I make the hardware wallet only for me?

No one will safe on the internet if you are lazy and irresponsible of keeping your password and private key anywhere else that didn't safe.
At this time, the safest wallets are hardware wallets and cold wallets just like Trezor, Ledger Nano, Keepkey and Paper wallet but this is too sensitive if you are storing your bitcoin. These could be a safe method of storing your coins if you know how to use it. You should use a clean and internet-enabled computer or device when you plug in these wallets to avoid possible malware hacking.

Yes, you can create your own wallet through Paper wallet but remember this always, “NOT your KEYS, NOT your CRYPTO".

[Palider]

The Hard wallet is secured and cannot be hacked by the hacker, Because it is not connected to the internet when you are not doing a transaction.

And I think all you have to pay attention to here is your Personal Computer because if it already has malware it's easy for hackers to copy important information to your PC.

[Patatas]

1. Now Myetherwallet was hacked by random password algorism.
2. It is possible to pass the Ledger nano's recovery sheet.
3. Hacker can buy another ledger nano wallet.
4. They can put the hacked recovery word to the new wallet.
5. Our asset is stollen easliy.
6. Paper wallet( Bitaddress ) is also same above.

That concluded nothing is safe, isn't it? The safety belongs to the users who take utter precautions in whatever they're doing. If you're a very tech-savvy person, you wouldn't even need any hardware wallet to secure your coins. Run an old Linux Distro on a spare laptop with the bare minimum applications and use it as an offline storage server for all your coins. That should be secure enough? If you keep your coins on exchanges, online wallets, and other such services that you don't have control over you are at a potential security risk.

[Voland.V]

The wallet should work with only one computer, maskably clean, without additional programs.

You only need to connect to a very reliable access point to the Internet. How to check it?

Unfortunately, modern technology provides fake security.

Yesterday, once again, we received news about the dangers of a VPN connection.

Read:

[06.12.2019] University of New Mexico specialists released information on a vulnerability affecting Ubuntu, Fedora, Debian, FreeBSD, OpenBSD, macOS, iOS, Android, and other Unix-based operating systems. The problem allows you to listen and intercept VPN connections, as well as inject arbitrary data into IPv4 and IPv6 TCP streams.

The vulnerability that received the identifier CVE-2019-14899 is associated with the network stacks of Unix-based operating systems, in particular, with the way the OS react to unexpected network packets.

https://seclists.org/oss-sec/2019/q4/122

This news makes you wonder, is it possible to use the modern Internet safely?

[Darooghe]

They are safe if used properly. even the creation of paper wallets unless done properly are not 100% and if the paper is destroyed or unable to be read the key is gone forever. further, When using a paper wallet you trust the environment you're using it on both when generating the keys and when spending. it's possible to be safe if you audit the key generation code carefully and maintain a perfect digital hygiene when spending. therefore, hardware wallets are typically as safe as isolated minimalist computers can be.

[Voland.V]

They are safe if used properly. even the creation of paper wallets unless done properly are not 100% and if the paper is destroyed or unable to be read the key is gone forever. further, When using a paper wallet you trust the environment you're using it on both when generating the keys and when spending. it's possible to be safe if you audit the key generation code carefully and maintain a perfect digital hygiene when spending. therefore, hardware wallets are typically as safe as isolated minimalist computers can be.

-----------------
Absolutely agree. The hardware wallet is the best. Paper is not a good option, but better than electronic wallets. It must be remembered that the key is not stolen in hardware or paper storage. It can be stolen at the time of use. Any key storage technology remains dangerous precisely because of the keys. This is how life shows. The future lies only in keyless technologies and passwordless authentication. There are simply no alternatives.

[kryptqnick]

1. Now Myetherwallet was hacked by random password algorism.
2. It is possible to pass the Ledger nano's recovery sheet.
3. Hacker can buy another ledger nano wallet.
4. They can put the hacked recovery word to the new wallet.
5. Our asset is stollen easliy.
6. Paper wallet( Bitaddress ) is also same above.

Am I much strict?
I dont know how I can keep my coin perfectly safe.
I know there is no perfect about anything in the world.
But can you notice the best way to keep the coin safe? 
Or can I make the hardware wallet only for me?
I can do programming and machining material because I am a engineer.
Thank you for reading my long question.
Have a nice day

I need proof of #1 because I could not find anything that supports it. As for Ledger Nano, I have mine at home, but I have not tried using it yet, and so far I am not very good at it, so I cannot answer your question. But I think that if it was that easy, it would not be so popular, so the answer is probably "no". I think that in general people get hacked when they are being too negligent, not because that tiniest chance of a hack when a person is doing everything right occurs. So if you use a reputable wallet, don't show around your private keys or set a strong random list of numbers and letters password to it, you'll most likely be fine. Other things are like "what if someone blows up my apartment" kind of cases: it might happen, but it's too unlikely to focus on that. At least, that's how I see it.

[Colt81]

1. Now Myetherwallet was hacked by random password algorism.
2. It is possible to pass the Ledger nano's recovery sheet.
3. Hacker can buy another ledger nano wallet.
4. They can put the hacked recovery word to the new wallet.
5. Our asset is stollen easliy.
6. Paper wallet( Bitaddress ) is also same above.

Am I much strict?
I dont know how I can keep my coin perfectly safe.
I know there is no perfect about anything in the world.
But can you notice the best way to keep the coin safe? 
Or can I make the hardware wallet only for me?
I can do programming and machining material because I am a engineer.
Thank you for reading my long question.
Have a nice day

Always remeber that no system is safe for hackers, so every crypto wallet that you create through online or in the internet, hackers will definitely find a way to steal all of your funds or your personal informations. Hardware wallet like ledger will definitely help you to solve this kind of problem of yours because it will be difficult for hackers to steal all of your funds if you are using an offline wallet.

[imstillthebest]

right . there is no perfect on this world so hardware wallets can get failed to give a good security sometimes but they are beyond perfect and better to use than compare to online wallets  so i will still prefer and recomend them to you  . mew can be easily hackable yes thats true but i think depending on what method you use to acces you your mew  . some methods are more secure other than private keys but also depending on the users activity if he is exposing his private key to the public or not  .

[Voland.V]

So, if you take a sober look at these dialogues, people are constantly preoccupied with their own safety, all their lives they must be careful! As if stole something. We were forced to choose a model of behavior when we are forced to hide our secrets "under a stone, in a cave."

So, in the 21st century, we come to the need to use paper to store digital information (!). We must protect our hardware wallets from our own means of communication.

It seems that modern means for our communication are specially made to have countless holes. Nobody is able to darn them.

Well, is it really possible to accidentally make such crap that people are forced to either remember in their head or write down information?

Look soberly, this is a disaster that we do not notice, we consider something quite normal, modern.
This is not the norm.

These are obvious flaws in our entire digital civilization that need to be corrected, but there is no one to review all the fundamental concepts of our digital systems.

[asus09]

1. Now Myetherwallet was hacked by random password algorism.
2. It is possible to pass the Ledger nano's recovery sheet.
3. Hacker can buy another ledger nano wallet.
4. They can put the hacked recovery word to the new wallet.
5. Our asset is stollen easliy.
6. Paper wallet( Bitaddress ) is also same above.

Am I much strict?
I dont know how I can keep my coin perfectly safe.
I know there is no perfect about anything in the world.
But can you notice the best way to keep the coin safe? 
Or can I make the hardware wallet only for me?
I can do programming and machining material because I am a engineer.
Thank you for reading my long question.
Have a nice day

My friend have recommendation for me to use hard ware wallet keep save my altcoin assets and they have told me very safety using hard ware wallet for saving our assets, I will buy hard ware wallet than have save my assets on myetherwallet, I think have good way if saving assets by using hardware wallet than keep with exchange wallet online because some one can hacked when we use wrong link for access to our wallet.

[Zemomtum]

Well, the most safety at the moment is still the hardware wallet despite the fact that nothing is perfect and whatever is made by man is subject to abuse but with extra precaution, you can mitigate this

[Savemore]

snip-
Am I much strict?
I dont know how I can keep my coin perfectly safe.
I know there is no perfect about anything in the world.
But can you notice the best way to keep the coin safe?  
Or can I make the hardware wallet only for me?

No one will safe on the internet if you are lazy and irresponsible of keeping your password and private key anywhere else that didn't safe.
At this time, the safest wallets are hardware wallets and cold wallets just like Trezor, Ledger Nano, Keepkey and Paper wallet but this is too sensitive if you are storing your bitcoin. These could be a safe method of storing your coins if you know how to use it. You should use a clean and internet-enabled computer or device when you plug in these wallets to avoid possible malware hacking.

Yes, you can create your own wallet through Paper wallet but remember this always, “NOT your KEYS, NOT your CRYPTO".

I using online wallet but most of my funds are in hardware wallet and it is ledger s nano. I bought my ledger nano in online and that there is a risks of hacking that's why I reset it. If you will buy hardware wallet make sure that you will reset it because you do not have guarantee that the hardware wallet is vulnerable to hackers. There is an issue before about buying hardware wallet in online so be sure that if you will buy hardware wallet make sure that the seller is legit.

[Congyang]

basically no wallet whatsoever is safe from hacking. but I think that now wallet hardware makes it possible to minimize losses. so even though there are wallet hardware owners who experience hacking it's not much in number