Post
Topic
Board Hardware wallets
Re: Would you buy a hardware wallet?
by
Zadicar
on 15/08/2016, 01:36:39 UTC
Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.