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!
The current news revolving around Bitcoin being lost revolves around this Hardware wallets like this ledgers and yes, they really are secure because there can only be a limited number of tries to open it and you really need to remember your initial input password if you want to access your own money. Another thing that you can do is convert it whenever you need it but you can just HODL it in some local wallet that you have because this companies will surely stick forever.