Post
Topic
Board Bitcoin Discussion
Re: The right way to store Bitcoin for long term
by
cheezcarls
on 24/01/2021, 18:06:28 UTC
Hi guys,

I've been trying to learn about how to cold store securely my small bitcoin holding, and where I can move to as I buy more. I expect to be picking up more and more over the coming weeks and months.

1) Is something like a Nano Ledger or a Trezor the right method?

2) What app should be used?

Is there another more definitive, secure method of accumulating BTC for long term holding?

Thanks!


Hardware wallet is the safest method to store your BTCs where you have the full custody of your private keys (unless if you're so dumb in revealing them to anyone). No central authority or government could stop or freeze your funds with the non-custodial hardware wallets like Ledger Nano S and Trezor.