Quote from: Oddyseous on February 23, 2019, 03:37:36 PM

I've been following crypto and the community for a long time now. I've currently been investing all the money I can and more into Litecoin. Now I'm worried about Security. Currently I keep all my coins on Coinbase, but with the recent Cryptopia thing, I've really been worried about it. Granted, with Coinbase you have $250,000 FDIC insurance, but who the hell wants to wait on that? Also, due to me being based in the US, it's also possible for the government if they wanted to, to freeze coinbase assets. Which I'm not a fan of the idea, defeats the purpose of full control crypto to me.

Anyway, I've been going back and forth, I don't trust myself with a paper wallet, I don't trust a web wallet, I don't trust the desktop wallet due to viruses/malware. Hardware wallet might be a good option, but my main concern is the hardware wallet failing then me relying on the paperwallet I could have made and not paid for the hardware wallet to begin with as a back up.

Hoping for some advice to make me comfortable enough with one of my options. Thanks guys.

Never risk your crypto to be in a hot wallet or any exchange. I would have been more happy to see you bought BTC instead of LTC however it does not matter. I never used LTC but I am sure they have desktop wallet that functions like Electrum. If they have multiSig feature then use a multiSig wallet to keep your LTC. It's relatively safer.

So, here are my advice:
1. Use MultiSig wallet if LTC supports
2. Use hardware wallet (This is the safest)