At what amount of BTC am I advised to invest into this hardware wallet? I understand there is an amount of BTC where after web wallets are difficult to trust. Also, I prefer divide my funds between web and HW wallets. So, what is the amount of funds when I am advised to consider investing into this? How much BTC did you have (if not private) when you bought your first HW wallet?
Thats like asking how many valuables you should have in your house before you buy a safe to put them in.
IMO the trezor is excellent. even if you only have 1 BTC, the trezor is a simple and secure way to store and spend it (or add more coins to in the future)
Yes. Literally, that is what I meant with that question. Sticking to the very good analogy: why would people buy a safe in their house when they have or intend to have only a small overall value there? People who invest to buy a safe, usually invest to it because they have or assume they will have a certain value to keep there. Returning from the analogy to BTC, I am interested in what this certain value is. 1 BTC, 2 BTC...etc?
I would personally recommend TREZOR when you have 10x the value of TREZOR in BTC... so right now from 1BTC above.
I haven't tried the ETH wallet with the trezor yet. Any feedback from you guys on it?
Pretty much like
wallet.trezor.io for BTC, DASH and ZCASH. You can select only one ETH address at a time, even if the TREZOR will generate an infinite number of them. But, you can see not only your ETH associated with that address, but also all the associated tokens (if you have any).
If you like this very brief review, send some ETH to the address below - to get me started - lol !!!
My only concern is the lack of back up. If the website is down what to do? With trezor.io, you can always fall back on Electrum (for BTC, LTC, and DASH) - there is a version and servers for each one of those currencies, and they all support Trezor. But for ETH, I don't know of any.
https://i.imgur.com/RvPDukR.pngMyEtherWallet is open source and you can download its copy, which you can then run locally on your computer. There is still a catch though, the connection to TREZOR Connect does not seem to be working when MEW is run locally. I will look into that and will report back, but in theory, this would make you independent of service uptime of MEW.