Re: Which multi crypto wallet is safe for long term holding? Please read description
Which multi cryptocurrency wallet is safe for long term holding that either stores private keys locally or gives users exclusive access to their private keys?
I am currently holding around 80 different cryptocurrencies in small amounts. I want to hold these coins for long term. Need a safe wallet where I will be able to store all my coins. As I have heard that servers where users' private keys are kept by wallets can be hacked, I want to hold my coins in a wallet which stores private keys locally or gives exclusive access of private key to the user (the one which doesn't store private key anywhere). I am not willing to spend money on hardware wallets. I am planning to store these coins on a desktop or a mobile wallet (or a wallet like metamask & myetherwallet). Planning to buy a new desktop or mobile which I will use only for the purpose of storing cryptos & will keep the device disconnected from internet until I want to sell my coins.
There are many options for you but I still recommend using Ledger Nano S which will be more effective as it can be considered as the safest wallet in the world at this moment and no one can penetrate into it. Personally I only give this advice because this is the safest way for you and me and hope you should have a better look at Ledger purses because it is really very safe and you do not need to do too many procedures on the computerI am currently holding around 80 different cryptocurrencies in small amounts. I want to hold these coins for long term. Need a safe wallet where I will be able to store all my coins. As I have heard that servers where users' private keys are kept by wallets can be hacked, I want to hold my coins in a wallet which stores private keys locally or gives exclusive access of private key to the user (the one which doesn't store private key anywhere). I am not willing to spend money on hardware wallets. I am planning to store these coins on a desktop or a mobile wallet (or a wallet like metamask & myetherwallet). Planning to buy a new desktop or mobile which I will use only for the purpose of storing cryptos & will keep the device disconnected from internet until I want to sell my coins.
Thanks for recommendation Vitalicus!
To be honest, I am not willing to spend on hardware wallets. Can you suggest me some alternatives?