Topic: The Best Type of Cold Wallet!! - page 2. (Read 661 times)
paper wallets are best, hardware is next best thing.
Hardware Wallets
I think it's the best if you have a reasonable amount
I did not try it yet I only read about it
Where appropriate currency is available
I will keep it in the hardware wallet.
I think it's the best if you have a reasonable amount
I did not try it yet I only read about it
Where appropriate currency is available
I will keep it in the hardware wallet.
I would choose hardware wallet if they weren't hackable. Check out this video https://www.youtube.com/watch?v=Y1OBIGslgGM they are showing how it's done.
They managed to hack trezor and ledger wallets in various ways but chances that a skilled hacker will get your wallet in store and messes it up to steal your money later on is very slim.
They managed to hack trezor and ledger wallets in various ways but chances that a skilled hacker will get your wallet in store and messes it up to steal your money later on is very slim.
I use the Coinbase service. They have a cold storage service cryptocurrency.
The disadvantages of this service include a small amount of coins. The service is very good
The disadvantages of this service include a small amount of coins. The service is very good
I mean if you're really serious about not touching the money and you have a bank safe in Switzerland, might as well use a paper wallet.
But reality is, you'll want to flip coins from time to time. At the very least to easily increase your BTC stack.
So a hardware wallet is the best win-win option - the safety of cold storage with the flexibility of a hot wallet.
But reality is, you'll want to flip coins from time to time. At the very least to easily increase your BTC stack.
So a hardware wallet is the best win-win option - the safety of cold storage with the flexibility of a hot wallet.
Online wallets are the most practical and most convenient. I believe that they are the most reliable yet
Currently, cold wallets are the most reliable way to store cryptocurrencies. Better so far nothing has come up. I believe that it is better to spend $ 100 on a cold wallet than constantly worrying about the fact that someone steals your money. In general, technologies are constantly being improved and quite possibly they will soon come up with a wallet that can be unlocked with a fingerprint or voice. The higher the price of cryptocurrency, the more the technologies associated with crypt storage will be developed better and faster.
I tried almost all wallets and I can confidently tell you that the hardware wallet is the most reliable of them
There are advantages and disadvantages to all wallets and some wallets
are better for certain tasks, for example online wallets are better for trading.
Personally I prefer Hardware wallets because I dont trade and I feel its best
for long term holding as are paper wallets so my coins can stay in my hardware wallet.
are better for certain tasks, for example online wallets are better for trading.
Personally I prefer Hardware wallets because I dont trade and I feel its best
for long term holding as are paper wallets so my coins can stay in my hardware wallet.
My first ever Poll!!
Hey just a quick poll to help gauge what the current thinking is on cold wallets and possible long term storage desires.
Please vote for which one you like best long term.
Thank you very much!
Hey just a quick poll to help gauge what the current thinking is on cold wallets and possible long term storage desires.
Please vote for which one you like best long term.
Thank you very much!
There are only two cold wallet which I think is good for me, and that is Electrum and Hardware wallet, these are both good for me.
Especially most often that I used was Electrum wallet, were it is already proven and tested.
There is no best wallet. There are many good wallets. A wallet needs to be chosen according to the needs of each investor. If you are an investor looking for a long-term investment, I think paper wallet is the right choice, but you have to be careful to be safe. If you want to make long-term transactions, I think the ideal wallets are hardware. From these hardware wallets, I recommend Ledger Nano S
My first ever Poll!!
Hey just a quick poll to help gauge what the current thinking is on cold wallets and possible long term storage desires.
Please vote for which one you like best long term.
Thank you very much!
Hey just a quick poll to help gauge what the current thinking is on cold wallets and possible long term storage desires.
Please vote for which one you like best long term.
Thank you very much!
If you want the best wallet for storing long time, hard wallet is the best option for me.
With hard wallet, you don't need to worry about the security because only you can move your balance.
The chance for getting phished by some website is very high if you using online wallet, avoid it at all costs.
Will stay for hardware wallet. Because we can have full control to our assets. But my suggestion is always back up our wallet because hardware sometime can be broken and of course we wouldn't want to loss our assets because of that.
If the main purpose is for long-term investment a safe and secured created paper wallet is the best possible option. Other than that in case if you want to use it regularly, hardware wallet is the safest wallet for regular usage.
I rather to choose hardware wallet which more secure than other kind of wallet. I already have ledger wallet and I just store my cryptocurrencies in my hardware wallet. If you really want to hold many cryptocurrencies I suggest to use hardware wallet.
If you aim to only store your cryptocurrency and won't use it for years, then paper wallet might be good too. You don't have to buy any device.
I rather to choose hardware wallet which more secure than other kind of wallet. I already have ledger wallet and I just store my cryptocurrencies in my hardware wallet. If you really want to hold many cryptocurrencies I suggest to use hardware wallet.
My first ever Poll!!
Hey just a quick poll to help gauge what the current thinking is on cold wallets and possible long term storage desires.
Please vote for which one you like best long term.
Thank you very much!
Hey just a quick poll to help gauge what the current thinking is on cold wallets and possible long term storage desires.
Please vote for which one you like best long term.
Thank you very much!
Your poll doesn't make sense. "Online wallets" are not cold storage. I also don't consider hardware wallets to be cold wallets since people generally connect them to online computers.
I'm partial to encrypted .dat files copied on multiple cold storage mediums (flash drives, CDs).
I'd choose to get into hardware wallet it's the best so far for me.
An online wallet is definitely not a cold wallet, why would you put that as an option?
The reality is that there are people that's choosing online wallet over other options. 
An online wallet is definitely not a cold wallet, why would you put that as an option?
If you're looking for a long-term solution and you don't need to access your funds regularly, then paper or steel wallet might be a good option, as long as you can save it correctly.
If you're looking for a long-term solution and you don't need to access your funds regularly, then paper or steel wallet might be a good option, as long as you can save it correctly.
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