Is Hardware wallet really secure enough?

[Crypto_lion]

Don't worry man . The safest way to go to store the crypto currency is by using hardware wallet. Using hardware wallet means that people can't access without physical access of the wallet. But be careful make sure that you save the private key in a safe place and save a copy in a different location.

[adaseb]

Many people say that hardware is safer because it is not connected to the internet but in my opinion, mobile wallet is also quite safe as long as we don't share seed words with others and we protect them with a password.

This is horrible advice. Anything connected to the internet is never considered safe, especially your crypto.

There are many malwares on many smart phones, especially Android devices. There could be some virus, which could trace your keywords on your phone and when you unlock your mobile wallet, it can send the funds to the hackers address. Or it can install some type of clipboard virus or QR code virus which automatically changes the address that you send your coins too. Your phone is always communicating with the outside world, because its made to do that, however you have no idea what info it sends to which parties. Don't keep any crypto, especially large sums on a mobile device. Either use Electrum/Armoury in cold storage or just get a hardware wallet.

[Wildwest]

Actually all hardware wallets have been upgraded very high security as well as Trezor although there can be issues in the-hacking in a very short time, this can happen because the hackers already have a way in itself Commit crimes, so the high level of security in a wallet can not guarantee completely to hackers can penetrate it.

[betty11]

I was wondering how this was possible until someone said the hacker actually needs a physical access to your wallet, this way one needs to be very careful what they say about their cryptocurrency asset on social media and in public, and the hardware wallet should be well kept in not easily accessible place.

[KimmyF]

Recently I have seen the news that Trezor hardware wallet was hacked in 15 minutes! Was it true guys? Or I have misunderstood? I thought they have very strong security that can't be breach so easily! But look at what can be happened to Trezor within 15 minutes! So, how can we feel 100% safe in hardware wallet?

Without pushing something install hardware wallet is safer than software wallet. Keeping your phrases word you software wallet is also safe. Please give me this link, although I'm guessing this could be for misunderstood news. This technology in some cases those wallet are equal safe, just hardware is different device to extra secure and enough more secure.

[TheGreatPython]

In the end nothing in the world is "safe enough" if you look at it that way. Your cash could be stolen at any moment you step outside, your credit card information could be stolen when you are shopping, even money in your bank account could be hacked or worse when your national crisis reaches to a point they can get a hold of it and ban you from using it (Cyprus anyone?).

So, as long as you have money, there is no way you can keep it. Let me tell you what happened to my grandfather, he had a HUUUGE land in right at the heart of the city where I live, government tried to negotiate with him to buy that land from him so they can build a hospital, however they literally offered 2 years salary for it, now we are talking about one of the most crowded hospitals in our city and they offered just 2 years salary for that.

My grandfather of course declined, what happened? They just took it and courts basically punished the government and made them pay 2.5!! months salary worth of money, 2.5 months, it was basically nothing in the end, just a big zero for the biggest hospital in all of the city. Nothing is safe enough.

[tabas]

I was wondering how this was possible until someone said the hacker actually needs a physical access to your wallet, this way one needs to be very careful what they say about their cryptocurrency asset on social media and in public, and the hardware wallet should be well kept in not easily accessible place.

Yes. That's very essential when a hacker wants to steal your funds from a physical wallet. This is a very good solution for those who are still looking to look for better security. Without the access or having the wallet itself, no one can access the fund.
Because there's a need to verify the transaction which will appear to the small screen of ledger, for example.

[JeotQ]

No, hardware wallets aren't secured enough because they are just a piece of hardware in plastics that can died on you or get stolen, still you have to keep your Private Key safe so why buy hardware wallet when you have to worry about keeping private key safe?

[travwill]

Unfortunately there are no absolutely safe storage places, nothing is 100% safe. You can find an approach to any system and hack it.
It is up to you to hack your system and your private keys or not. However, cold wallets are the safest of what is on the market at the moment.

But no one will give you a 100% guarantee.

[Psynthax]

No, hardware wallets aren't secured enough because they are just a piece of hardware in plastics that can died on you or get stolen, still you have to keep your Private Key safe so why buy hardware wallet when you have to worry about keeping private key safe?

A hardware wallet is secure enough when you know how to keep it safe without tried to access it through using infected hardware like infected PC or something else. The private key is also having more risk to be stored by the users. In my experience, if that is better to use a paper wallet rather than a private key. You can sure if your wallet will be 100% safe.

[ahyadinnn]

No, hardware wallets aren't secured enough because they are just a piece of hardware in plastics that can died on you or get stolen, still you have to keep your Private Key safe so why buy hardware wallet when you have to worry about keeping private key safe?

actually the hardware wallet is safe if we use it well and not just store it, indeed at any time the hardware wallet can be lost or stolen but we still have a beckup and password in my opinion it's an additional security that is quite safe in the hardware wallet

[Furryball]

Sorry to say but hardware wallet is just same thing with normal mobile wallets to me, you can use your finger print to lock your wallet on mobile with key combinations too, as for both you still have to copy your private key to another safe location

[SUMBI99]

The ideal is to secure assets more but some other factor-like convenience is required, in term of the security hardware wallet is safe followed by fundamental wallet Blockchain wallet and myetherwallet if you properly store your keys and they're convenient since you can  use anywhere with any device but for a hardware wallet, you have to carry it so you can access anywhere which seems not convenient.

[kaneki007]

Nothing can guarantee 100% security, we can only minimize the incidence of hacking by using hardwallets, and also there will always be updates so users feel safe when using Trezor. As long as we are careful when using the internet I think everything will be fine.

[Davian144]

Sorry to say but hardware wallet is just same thing with normal mobile wallets to me, you can use your finger print to lock your wallet on mobile with key combinations too, as for both you still have to copy your private key to another safe location

Yes, the usage is indeed almost the same between the hardware wallet and the software wallet, because both have a private key, the only plus point is that the hardware wallet can be taken wherever we want as we carry the smartphone that we use.

[fuer44]

I don't know for sure what the news is, but what I understand is that a hardware wallet or online wallet will definitely be equipped with good security. so when there is hacking, it must be confirmed that the hacking is true or indeed there is an error or bug.

[joinfree]

To the best of my knowledge, hardware wallets are the safest wallets to keep your cryptocurrencies safe. i once heard about this same issue with Trevor wallet but later on I got to understand that funds of users were not lost. However, i would like to suggest the use of Ledger or Ellipal wallet to you because I have been using them both and I can say for sure that they are really secured and have never suffered any attack by hackers.

[sangjoewara]

The ideal is to secure assets more but some other factor-like convenience is required, in term of the security hardware wallet is safe followed by fundamental wallet Blockchain wallet and myetherwallet if you properly store your keys and they're convenient since you can  use anywhere with any device but for a hardware wallet, you have to carry it so you can access anywhere which seems not convenient.

The main thing in using a wallet is good security, and the second thing is convenience when we wear it and we carry it, well in this case I see both wallet capital between a hardware wallet and a software wallet, both are comfortable and equally safe , although it depends on how you look after it.

[Mianae]

Yes it is secure enough. If you have access to it alone without sharing it to anyone else then it's secure. Remember using hardware wallets is o ly possible when someone has the seed phrase and when the person has the password. Now if your seed phrase is exposed, then n it's no longer safe because anyone can access it through any other compatible wallet.

[pakhitheboss]

No none of the wallets are secure.

It is you who has to keep them secure just like your fiat wallet.

Hardware wallets are better than all other wallet as they are not always online, which means they are not vunerable to hacks and online theft.

But, they still can be stolen and lost.