Post
Topic
Board Hardware wallets
Re: Please Buy a Hardware Wallet
by
exchangestolemycoins
on 28/10/2018, 22:30:36 UTC
I have all my valuable crypto, that's currently supported, on my Ledger.  My Bitcoin, Ethereum and you can bet your ass once Deep Onion is supported it will be safely secured on there too.  The Ledger is easy to use and the instructions are crystal clear.  At less than $80, there is no reason not to protect your investment.  Even if you only have $250 in BTC/ETH, you will buy more so you might as well buy one of these now.  

I don't want to read another story about someone getting robbed of their Bitcoin and I want our community to flourish.  Secure your coins!

Personally, I'm not comfortable with hardware wallets. Call me paranoid, but my cold storage is on air-gapped PC. Transactions signed on cold wallet and pushed from a machine that connects to the internet. I don't really know the level of competency of these manufacturers. And I also prefer the idea of using generalized hardware vs. specialized cryptocurrency wallet hardware because the latter puts a target on your back for theft. Again -- yes, I am paranoid. Better safe than sorry, though.

Also, people should avoid third party sellers, Amazon, etc. when buying hardware wallets. There are ways to see if your device has been tampered with, but it's safe to assume most noobs won't bother to look. Buy only directly from the manufacturer if you want to use hardware wallets.

Agree 100%, buy from a reputable manufacturer directly if you can. And get your coins off the exchanges!!