Post
Topic
Board Bitcoin Discussion
Re: How do you protect your digital coins?
by
Bitcotalk
on 10/05/2019, 12:06:02 UTC
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?



im using a nano ledger , its safe and its offline so no risk of hacks and its super easy to setup.
A offline wallet basically has not risks of hacks. The only problem we can face in using offline wallets is losing the wallet itself or getting it destroyed. There always is better precautions we take in terms of these kind of wallets and also these wallets could be good to store higher amount of funds. It is not necessary to store small amount of funds in these kind of wallets as they can be a bit confusing to transfer or withdraw. I personally always prefer storing the extra of my money into offline wallets like trezor, Ledger, etc to make sure they are not hacked but for funds below $1000 I use the simple blockchain wallet.