Post
Topic
Board Bitcoin Discussion
Re: Thread : HOW TO PROTECT YOURS BITCOIN & ALTCOINS !
by
BrewMaster
on 30/09/2018, 13:59:14 UTC
If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.

I don't understand this advice. A ledger costs less than $100. I would say if you are holding even a few thousand dollars worth of Bitcoin, especially long-term, then a ledger or other hardware wallet is a good investment.

Same here, I feel that spending $100 on a hardware wallet is definitely worthwhile to secure your investment. Apart from Bitcoin, there are other altcoins supported by Ledger.
There is no other option except a ledger, which almost everyone on the forum knows is the best thing to keep your digital assets in. When it comes to security then spending a few bucks don't mean a lot. All we need is to secure our crypto in a ledger but never use a second hand ledger. Always buy it from authentic dealer so that you may not face any theft of your assets in the future.

$100 is hardly considered "a few bucks"! and that is when using a hardware wallet is not the only option and it is not the most secure option even! the most secure option will always bee a physical storage as in printing an encrypted key on a piece of paper.
hardware wallets are only suitable for those who want to be lazier while having constant access to their funds. otherwise for a less lazy person with long term investment paper wallet is better.