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Topic: hardware wallets safe? (Read 10215 times)

sr. member
Activity: 882
Merit: 260
January 27, 2020, 05:04:18 AM
hardware wallet is the safest way to store cryptocurrency.. as long as you keep your seed in safe place no one can take your crypto

I agree. If you are the type of person that have doubts about storing your cryptocurrencies in an online wallet, then having a hardwarw wallet to store up your assets will suit your preference because you are storing up your assets away from online world which makes it safe and secured as well as far away to the hackers range. What you just need to do is to of course take good care of your hardware wallet which you will keep in the safest possible place you only know, keep your seed or private key or password you have used to secure your wallet and ensure that you will be the only one who can have an access to your wallet. Even your most trusted person must not be trusted with the information you have about your hardware wallet because even those you trust can betray you. But if the case you have a short term memory loss, ensure that you will leave clues you are familiar with to get into your hardware wallet.
sr. member
Activity: 560
Merit: 290
www.thegeomadao.com
January 25, 2020, 11:35:03 AM
so far i have been using hardware wallet for over several year, and yes i can confirmed that hardware wallets is most safest wallet on the world , never heard before about hardware wallet getting hack, just need to be carefull, dont acces your hardware wallet on public pc to avoid your private key getting stealed...
full member
Activity: 910
Merit: 101
January 25, 2020, 10:59:13 AM
For me it's simply the best, way more secure and protected from hackers and all sorts of harm.
Yes, I also think that a hardware wallet is the best solution to protect our assets, if you may know where the hardware wallet is sold, because where I live nobody sells a hardware wallet.
sr. member
Activity: 658
Merit: 256
Freshdice.com
January 25, 2020, 10:20:09 AM
Surely using hardware wallets is the best way I can think on storing up your assets because it is away from online world which means it is also far away from potential hackers that are trying to access your accounts online to steal your assets upon logging into unsecured site. Just like online wallets, hardware wallets do also provide safety features to secure your cryptocurrencies in a sense that you are still conveniently holding up your assets into your hand in which you are the one who is capable of having an access on it which makes it more private compared to online wallets. You just have to be responsible on taking good care of your seed, password or private key you have used to access your assets and be mindful not to share it to anyone. Being away from online is the safest people could think if they see that hackers are everywhere in the internet world. So using hardware wallets suits the need of a crypto user to take good care of his cryptos without worrying that anyone can access it as long as he keeps the informations private.
jr. member
Activity: 114
Merit: 1
The Decentralized TCP/IP Internet Protocol
January 24, 2020, 12:21:51 PM
For me it's simply the best, way more secure and protected from hackers and all sorts of harm.
full member
Activity: 652
Merit: 103
December 01, 2019, 06:51:20 PM
I think there is no safest place to store and keep your cryptocurrency. Some People said that hardware wallet is safe, but it still has some risk like the hardware wallet is gone, natural disasters happens in your house and you lose your wallet, etc. But i prefer to use hardware wallet because it has less risk than online/web wallet that has a big potential to get hacked.
sr. member
Activity: 1680
Merit: 263
December 01, 2019, 06:24:55 PM
All wallet are safe, hardware or software wallet can't protect you. In comparison hardware wallet is safe. Hardware wallet has few problem like lost, burn or damage etc. You can't visit anytime from any where but software is also safe if you are strongly follow the recommendation
well all of that back to ourselves how to save data that is very important so that it is not lost even though the hard wallet is guaranteed security but we can lose data if we do not have a hard copy or soft copy of all the data we have, so security depends on everyone.
sr. member
Activity: 573
Merit: 250
December 01, 2019, 02:58:23 PM
All wallet are safe, hardware or software wallet can't protect you. In comparison hardware wallet is safe. Hardware wallet has few problem like lost, burn or damage etc. You can't visit anytime from any where but software is also safe if you are strongly follow the recommendation
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
December 01, 2019, 02:30:23 PM
Hardwallet is the safest type of crypto wallet.  It is not prone to hack the online type of wallet.  Most bitcoin whales uses the hardware wallet to store their huge bags of crypto coin and keep it safe.  It is safe because it gives the owner full and total control of the wallet without any third party interference, the owner is in custody of the pass phrase and him alone can acess it. It is very difficult for hackers to have access to hardware wallet except if the owner was careless with the pass phrase. Other than that crypto coin cab be stored inn hardwallet with nothing to worry
member
Activity: 364
Merit: 10
November 16, 2019, 06:57:23 PM
Yes. I think hardware wallets are safe than the other online wallets. It all depends on how you handle your information to other people because scammers are around.
sr. member
Activity: 1236
Merit: 252
October 29, 2019, 02:53:44 PM
it is indeed safe but be careful not to corrupt it. Online wallet is also safe but only use the official wallet of the coins, never use 3rd party who offers universal wallet.
Yes, no need to use other people’s wallets better use the only officials that are made especially for crypto holding. When you start investing in crypto you should think in your mind about holding your coin and for this choose your wallet. It is about you that wallet you but I think on crypto-related safety I the only blockchain is the best one that we can trust blindly.
sr. member
Activity: 952
Merit: 274
October 29, 2019, 11:36:04 AM
I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.

One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.

Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.

what say u?
Most of the long term investors are prefer to use it than using online wallets or an exchange to store their coins. I have a hardware wallet that I bought last 2 years ago. All of my coins are in there because I know that I'm the only one who have access to it.
in security, hardware wallet is the best reference because in management only you can do it without any other part and you are responsible for securing your wallet in accessing, checking data and backing up data. and if you want to use a third party wallet you should use a wallet that has high security and trust
I have a trezor and I store most of my funds there. In terms of security I am sure that there are no hackers who can get my funds there. I only trust myself in terms of securing my private keys and even my family doesn't know about it.
legendary
Activity: 3346
Merit: 1203
October 29, 2019, 11:26:58 AM
Yes. Hardware wallets are safe especially Nano Ledger N and S but be sure you won't open any suspicious mail coming from "nano ledger team" as that is a malware that will most likely steal your coins. Lately a lot of spam mails are coming to those who are having their data leaked somewhere so make sure before you open anything , check their website in order to see if they actually push an update. Also don't talk with friends or any other people about you having a hardware wallet as I wouldn't trust no one when it comes to your crypto wallets and private keys.
sr. member
Activity: 924
Merit: 275
October 29, 2019, 11:22:31 AM
I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.

One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.

Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.

what say u?
Most of the long term investors are prefer to use it than using online wallets or an exchange to store their coins. I have a hardware wallet that I bought last 2 years ago. All of my coins are in there because I know that I'm the only one who have access to it.
sr. member
Activity: 756
Merit: 268
October 29, 2019, 11:20:29 AM
I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.

One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.

Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.

what say u?
Hardware wallets are mostly safe but upon picking a certain wallet. Always choose the one that is tested and proven to be a trustworthy one. Be always aware that corruption is a problem in there, you should make sure that you wouldn't do anything that may cause your wallet to be corrupted. Make sure also that the security is handled with many verifications so that if someone would try to get in, hack it and steal your money, you are well assured that it is very safe.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
October 29, 2019, 11:16:38 AM
   -seen
Hardware wallet is safe as long as you will not discuss to others your private keys. Using online wallsts are also good but there are risks because some of online wallets have been hacked in the past.
Indeed! It is safe not unless you will share your keys to other. But sometimes being less careful in what we are doing in the internet can cause us to have malware that is been using by hackers to sniff to our files that can cause them to have an access on it. Better to tighten your security and everything.

   Why would anyone share private keys with anyone?! It`s the most obvious scam ever if someone asks for your private keys!!!
It`s one of the things anyone should know, it`s something I learned right away!
   They can`t hack external hard drive, and they can`t peak in your notebook. Two best ways to protect your private keys, to
write them down in some book, or to keep them in hidden file on your external hard drive.
sr. member
Activity: 1330
Merit: 289
October 29, 2019, 11:03:27 AM
it is indeed safe but be careful not to corrupt it. Online wallet is also safe but only use the official wallet of the coins, never use 3rd party who offers universal wallet.
It's best to use hardware wallets, also there are some universal wallets with good reputation and performance, whereby users have total control of their private keys like Trust wallet and Atomic wallet.  If I'm holding so many coins, normally I'll sort for a universal wallet to atleast WATCH my holdings even if I don't want to import (that's if I decide using the official coin wallets). Even with hardware wallet, you can still lose your holdings if you don't back up properly.
sr. member
Activity: 868
Merit: 256
October 29, 2019, 10:46:59 AM
   It`s the best when there is a wallet on official site, hardware wallet on official site is the best option for me. Not every coin
I posses have that, but if it have I will use it without questions. I don`t like third party services, I avoid that when ever I can!
   Hardware wallet are one of the safest wallets. In every way you have your private keys with you, and that`s the most important
thing, private keys, if you don`t have them you are not owner of that wallet.
Hardware wallet is safe as long as you will not discuss to others your private keys. Using online wallsts are also good but there are risks because some of online wallets have been hacked in the past.
Indeed! It is safe not unless you will share your keys to other. But sometimes being less careful in what we are doing in the internet can cause us to have malware that is been using by hackers to sniff to our files that can cause them to have an access on it. Better to tighten your security and everything.
full member
Activity: 658
Merit: 103
October 29, 2019, 10:11:25 AM
   It`s the best when there is a wallet on official site, hardware wallet on official site is the best option for me. Not every coin
I posses have that, but if it have I will use it without questions. I don`t like third party services, I avoid that when ever I can!
   Hardware wallet are one of the safest wallets. In every way you have your private keys with you, and that`s the most important
thing, private keys, if you don`t have them you are not owner of that wallet.
Hardware wallet is safe as long as you will not discuss to others your private keys. Using online wallsts are also good but there are risks because some of online wallets have been hacked in the past.
sr. member
Activity: 630
Merit: 250
October 29, 2019, 09:17:09 AM
it is indeed safe but be careful not to corrupt it. Online wallet is also safe but only use the official wallet of the coins, never use 3rd party who offers universal wallet.
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