Post
Topic
Board Beginners & Help
Re: [General] Bitcoin Wallets - Which, what, why?
by
merj99
on 02/09/2017, 15:44:25 UTC
I'm currently looking for cold storage options for some of my alt coin.
Ledger Nano S.

I've heard of Ledger Nano S. Will definitely look into it. Thanks!

I only started getting more serious about Bitcoin and alt coins when I started blogging on Steemit
Step 1) Do not use Steemit.
Alas, it's too late. I've been blogging there for over a year and I love it. LOL

and the majority of my connections have complained about Coinbase.
Step 2) Do not use Coinbase.
Never have and never will.
And where exchanges are concerned, I've gotten away from Poloniex too.


-snip-
Step 3) Get some elementary education. Anyone who uses Coinbase, or any other exchange or online service as a wallet is an idiot. Those are not meant to be wallets, and you are not in control of "your" coins (unless in cases where they give you private keys but that is not usual for either one).
I ordered a $30 book: Mastering Bitcoin. Unfortunately I have a community mailbox and someone else needed it more than me. GRRR. I'm learning something new every day. Kind of wish I paid attention to the Bitcoin geeks about 7 years ago. Yes, I'm an idiot.

Thanks for the quick response! I'm still learning my way around this forum.  Smiley