Topic: Cold wallet or physical bitcoin.. - page 2. (Read 1184 times)
price is likely to rise over time so you better store 0.80 btc or whatever you can buy in paper wallet and put paper in bank locker. You will be in 2x atleast may be by next year.
in a cold wallet your bitcoin will not grow, ionvest in something like mining, and it's like having your coins generating other coin, then you sell your equipment and return back a good portion of your invested coins
It's probably best to put it onto a paper wallet (with multiple copies of course) and hold your Bitcoin that way; with that you aren't limited with a specific amount and you can do whatever with it, as well as put it into a digital wallet at nearly any point in time. I'm not entirely sure how the Cas coins work, but I would assume that a paper wallet is more versatile.
With a paper wallet you have to physically keep it hidden (theft), and it is physically fragile (fire, water).
A good alternative is generate a paper wallet, store the info on an encrypted USB key and destroy the paper. Make many copies, store them in many places.
I don't trust Windows, I use a USB stick bootable to Puppy Linux, and keep the keys in a Truecrypt partition. I know the Truecrypt project is officially closed, but I choose to trust it.
A good alternative is generate a paper wallet, store the info on an encrypted USB key and destroy the paper. Make many copies, store them in many places.
I don't trust Windows, I use a USB stick bootable to Puppy Linux, and keep the keys in a Truecrypt partition. I know the Truecrypt project is officially closed, but I choose to trust it.
i like it. i did this with Ubuntu and Electrum. everything on one USB disk, everything encrypted
although i am looking for more interesting ways like one of those Linux from scratch like Arch to make a custom linux distro only for holding the wallet.
For the trezor, you are going to spend around $100. So that is a chunk of change that could be better spent. If you are looking for a secure cold storage, and know you will have no need to access the coins until you are ready to do so, do a paper wallet. It's simple and cheap!
You do not have to spend $99 for a Trezor. You can buy a Ledger Nano S for $65 that will do the job just fine. Any hardware wallet is better than a paper wallet for most users, unless you understand the pitfalls of paper wallets and how to avoid them.
With a paper wallet you have to physically keep it hidden (theft), and it is physically fragile (fire, water).
A good alternative is generate a paper wallet, store the info on an encrypted USB key and destroy the paper. Make many copies, store them in many places.
I don't trust Windows, I use a USB stick bootable to Puppy Linux, and keep the keys in a Truecrypt partition. I know the Truecrypt project is officially closed, but I choose to trust it.
A good alternative is generate a paper wallet, store the info on an encrypted USB key and destroy the paper. Make many copies, store them in many places.
I don't trust Windows, I use a USB stick bootable to Puppy Linux, and keep the keys in a Truecrypt partition. I know the Truecrypt project is officially closed, but I choose to trust it.
The problem with Cas coins is that they are at a premium and since Mike has not produced one in a couple of years, you must be buying it off of someone. It's hard to verify that the seal has not been tampered with when you can't inspect it in person before buying. Otherwise, it is an excellent way to curb the desire to move the coins to an exchange and sell, but it is also harder to sell the coins if you need the money. See where I'm going with this?
For the trezor, you are going to spend around $100. So that is a chunk of change that could be better spent. If you are looking for a secure cold storage, and know you will have no need to access the coins until you are ready to do so, do a paper wallet. It's simple and cheap!
For the trezor, you are going to spend around $100. So that is a chunk of change that could be better spent. If you are looking for a secure cold storage, and know you will have no need to access the coins until you are ready to do so, do a paper wallet. It's simple and cheap!
your undestand or not, your must undestand bitcoin digital curency anonymous
transaction is only online, still now is not regulated payment is offline store
is physical only colletor is collect in price expensive and can't transaction via blokchain or another transaction online
transaction is only online, still now is not regulated payment is offline store
is physical only colletor is collect in price expensive and can't transaction via blokchain or another transaction online
What do you think?
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