Topic: Are you using a hardware wallet to store your coins? - page 3. (Read 924 times)
I am happy with several MEW wallets, because it is the best place to store you tokens, if you are careful with your private key. Moreover, I also use some exchanges to store my coins, because holding everything on one wallet is very dangerous.
Yes, I've been using a hardware wallet and to be exact it is Ledger nano s.
I just bought ledger nano s from official price on a black friday. There was 50% discount.
I've not received it yet, but will share my experience later. I guess it will protect me.
I faced hackers, I lost like 300$
The amount you spent for buying a ledger wallet is totally worth it to the security of your wallet. And guys be reminded that don't ever buy from a third party or to someone that isn't authorized by the company to re-sell. I've not received it yet, but will share my experience later. I guess it will protect me.
I faced hackers, I lost like 300$
I just bought ledger nano s from official price on a black friday. There was 50% discount.
I've not received it yet, but will share my experience later. I guess it will protect me.
I faced hackers, I lost like 300$
I've not received it yet, but will share my experience later. I guess it will protect me.
I faced hackers, I lost like 300$
I use hardware wallet. I have been storing my important funds on my hardware wallet. Especially the funds that I hold for long term. I also have many software wallet, but I only use it on making small investments, and upon receiving my bounty rewards.
I think hardware wallet just for someone who have a huge value of crypto asset..
Most of us start out small. What you're holding now might not be worth a lot today, but it could very well be worth a lot more than today in the future.
It's certainly not a bad idea to do one's research and look into the possibilities of storing and handling coins as securely as possible.
in my opinion hardware wallet is only suitable for bagholders, if the trader does this it will actually make it difficult to access and their daily trading activities, while bagholders only need to sell or add assets to their wallet at a certain time
I do not use a hardware wallet, because for now I am safer to store it on software or on certain platforms, and all wallets also have risks so we must be careful in storing them.
I don't use a harware wallet to store coins . I am using Myetherwallet , I think it's very secure and you can't lose your coins if you don't share your private key to anyone .
I never used any hardware wallet yet. Cause I'm a trader and that's why I need to hold my all altcoins or Bitcoin on some crypto exchange. Cause without exchange I can't trade with my crypto coins. But in future I will use some for my long term hold.
Strange, because I think that a large number of traders use this way to store cryptocurrencies because there is always a high probability that the exchange can close and you can never see your assets anymore.
I never used any hardware wallet yet. Cause I'm a trader and that's why I need to hold my all altcoins or Bitcoin on some crypto exchange. Cause without exchange I can't trade with my crypto coins. But in future I will use some for my long term hold.
I am quite surprise to read the first few comments. I guess their online wallets have not been compromised yet. I just bought one and waiting for it to be delivered. I agree that it is the safest wallet available out there. You have full control and no need to worry about phishing.
But besides phishing, there are still a lot of different types of attacks that hackers today use. For all the time I spent on the forum, I realized that security is very fragile, despite all the guarantees
hardware wallet is indeed one of the safest wallets today because all our assets will be safe if stored in a different wallet from the online wallet if we lose the wallet key then we can lose all assets in the wallet but different from the hardware wallet if you lose then missing tool and you can replace it with a new one.
But now I still rely on my wallet using metamask because it's still safe so far because I haven't switched to a hardware wallet.
But now I still rely on my wallet using metamask because it's still safe so far because I haven't switched to a hardware wallet.
Hardware wallets are state of the art devices to store your coins or tokens safely.
I have not seen in personal a hardware wallet but when time comes where i can get more tokens/bitcoins i would consider getting one. My concern is if i buy hardware wallet, is there a chance that you will get a fake hardware wallet as we will buy this online? I think hardware wallet just for someone who have a huge value of crypto asset..
Most of us start out small. What you're holding now might not be worth a lot today, but it could very well be worth a lot more than today in the future.
It's certainly not a bad idea to do one's research and look into the possibilities of storing and handling coins as securely as possible.
No, but I want to buy, espercially after ledger proposal of 50% sale on their official web site.
To my mind it is a chance for every crypto user.
To my mind it is a chance for every crypto user.
not really a fan of hardware, if it fails you money or coins is gone unless you have a backup
All you need is your recovery phrase. The difference compared to other types of wallets is that by using a hardware wallet your private keys are never exposed to anyone.
Even if your device fails one day, or is lost, you can still access your accounts and funds. This is because the hardware wallet uses BIP39/BIP44 to generate your mnemonic phrase. This can be imported into other wallets supporting the same standard.
Of course, I think the hardware wallet is the safest wallet, it almost does not need to connect to the Internet every day, I think the hardware wallet can not be lost by me!
Hardware wallets are state of the art devices to store your coins or tokens safely.
There are still many misconceptions about these devices. Let's talk about it!
For instance, a lot of people think that if they lose their hardware wallet, their coins are lost. This is not the case. If you lose your hardware wallet device, or if it's stolen, you can always safely restore your accounts on another wallet. All you lose is the hardware device itself, not your accounts.
The main advantage is that you never have to expose your private keys, neither for storing your coins, nor for doing transactions. It makes it almost impossible to compromise your coins, even if your computer's operating system is hacked into. Thus if you're serious about storing your coins for the long term, a hardware wallet is highly recommended.
Do you use a hardware wallet?
There are still many misconceptions about these devices. Let's talk about it!
For instance, a lot of people think that if they lose their hardware wallet, their coins are lost. This is not the case. If you lose your hardware wallet device, or if it's stolen, you can always safely restore your accounts on another wallet. All you lose is the hardware device itself, not your accounts.
The main advantage is that you never have to expose your private keys, neither for storing your coins, nor for doing transactions. It makes it almost impossible to compromise your coins, even if your computer's operating system is hacked into. Thus if you're serious about storing your coins for the long term, a hardware wallet is highly recommended.
Do you use a hardware wallet?
I am not using hardware wallet because I still have few coins only in my wallet so it could be useless for me and a pricey because it cannot compensate on my number of tokens or coins I have, this is only good for those who are holding lots of coins.
Not yet, I'm not using hardware wallet because it's expensive to get and the moment I got into crypto world everything has nosedived so I'm not financially buoyant to afford a wallet that goes for nothing less than a hundred dollars but I will definitely get one either trezor or S Ledger nano because it's the only wallet that provide 100% security
Yes, I use hardware wallet one year ago, actually is don't lost your seed (not your account), I think a lot of people don't believe and don't know how the hardware wallet to secure their assets, actually they are considered secure, because the private keys never leave the physical wallet
Are you using a hardware wallet to store the coins ?
I don't use wallet hardware to store coins, but I use mew to store my altcoin.
I don't use wallet hardware to store coins, but I use mew to store my altcoin.
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