Pages:
Author

Topic: Are you using a hardware wallet to store your coins? - page 5. (Read 940 times)

legendary
Activity: 1568
Merit: 1031
Some people in the crypto scene could be considered as a lost case, to be honest. They don't want to buy a HW and then complain about losing thousands of dollars.

A hardware wallet is no longer a luxury, It should not be something optional. If you join the crypto world, you must buy a hardware wallet for the simple reason that anything else is not safe.

If you don't, it simply means that you don't care about losing your funds. Exchanges are under attacks from hackers, doing inside jobs or simply locking people accounts for silly reasons, malwares are getting more sophisticated that an anti virus will not help etc.

Trezor and Ledger nano S have both good offers right now because of the Black Friday, It might be a good moment to grab one.
full member
Activity: 714
Merit: 104
Never think about it. i was hacked one time at the beginning.
Now i am increase my security, for using hardware wallet you must have big moneys or dont understand nothing in cyber security
sr. member
Activity: 616
Merit: 253
Open and Transparent Science Powered By Blockchain
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?
I use, and I advise everyone to buy a hardware wallet, it is very convenient, but most importantly, safe. You can avoid a lot of problems by simply buying a hardware wallet.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
I don't use and still use MEW, I'm not interested because the price of expensive wallets in my opinion. although the security aspect is safer but haven't thought of moving assets to the wallet hardware.
sr. member
Activity: 980
Merit: 261
I use it to store my savings because as long as I have the control on my coin it is hard for me to save it unlike storing my coins on hardware yes i still have the control but it has more process rather than storing on softwallet.
full member
Activity: 507
Merit: 100
I'm not using a har ware. for me it's more safety to hold my money on different exchanges and in few cold wallets. split between mew/blockchain info/eos etc.
copper member
Activity: 54
Merit: 11
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?
Pages:
Jump to: