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Author Topic: Cold storage system isn't just for large btc portfolio's but long term holder's  (Read 378 times)
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July 21, 2026, 10:44:44 PM
 #41

. I also don't  think it makes common sense to buy storage device that's worth than the amount of bitcoin you're to store in it.
There are literally hardware wallets under $60, unless your funds are under the mentioned amount, you should not yet invest on HW wallets, but other than that, you should do. And HW wallets are not just for long term holding, it can be used for regular sending transactions, you should just sacrifice a little inconvenience.
Satochip is hardware priced at €25 which is said to be still affordable, so spending money on hardware is a long-term goal, let alone intending to save a large amount then I personally say it is mandatory in order to prevent better security.

And using HW for the purpose of regular transactions for me is not too complicated, for me to understand then its use is as simple as that.
That's more better then, but i remember satochip only works on NFC enabled device, if there's no such feature, they have like a NFC adaptor for it but still the device will be under $60.

As for slow sending process, it's helping to have a good practice (to avoid mistakes) and be more patience (which a person need in crypto space) lol.

 
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Today at 05:17:21 AM
 #42

As for slow sending process, it's helping to have a good practice (to avoid mistakes) and be more patience (which a person need in crypto space) lol.
Be careful is very important with people who have bitcoin, from storing to transacting their bitcoins. It's true with both hot wallets and cold wallets.

With hot wallets, transactions are signed directly on one device, with cold wallets it's created on one device before signing on another device. Mistakes or attacks can happen when creating a transaction, so generally this following guide can help people to change their practice, be more careful, and minimize risk of losing their coins.

How to lose your Bitcoins with CTRL-C CTRL-V

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Today at 07:26:31 AM
 #43

For those others they havent seen yet different kind of attacks with their hot wallets or most of the online connected wallets with an asset into their devices and even the centralized exchange to potentially vanish and freeze your funds so cant blame them its their perspective but for me having a crypto is a must to have a hardware wallet. If you can afford to have a crypto you can avail to have a security at the same time this small devices is just another security layer to prevent your asset getting stole and you can hodl your funds in a long term basis. Not all funds ideally stored to your wallet better to distribute.

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Today at 08:50:18 AM
 #44

You can use this wallet to store your bitcoin for long term, and scammers can still break into your wallet to steal your bitcoin, but that one doesn't mean the wallet is not good for bitcoiners users because you can create a room for scammers to have access to your bitcoin by giving them your seeds phase and password, but if you follow the rules and regulations of those wallets, I don't think you will lose your coins for any reason because your key is your bitcoin and do everything possible not to fall victim to scammers.

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