Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I strongly recommend avoiding wallets. I keep all my coins in cold storage addresses.
I only use a wallet (Mycelium or Coinami)to facilitate transfers. I never leave anything in a wallet for longer than it takes for the transactions to be confirmed by the network.
I absolutely never allow my coins to be in anyone else's possession... no online exchanges, etc. When I buy or receive coins, it's always straight into cold storage addresses I created on an internet incapable computer and printer. When I sell, it's face-to-face for cash on the spot.
I only use a wallet (Mycelium or Coinami)to facilitate transfers. I never leave anything in a wallet for longer than it takes for the transactions to be confirmed by the network.
I absolutely never allow my coins to be in anyone else's possession... no online exchanges, etc. When I buy or receive coins, it's always straight into cold storage addresses I created on an internet incapable computer and printer. When I sell, it's face-to-face for cash on the spot.
When I say wallets, I mean things like Electrum or Metamask - not stuff like Coinomi or Trust.
Fair play tho, it could have been misunderstood and you should never hold your coins on a wallet like that
Never understood the psyche of people, who are into Crypto for several years and yet ready to do KYC for anything related to Crypto! I mean, why would someone do public registration of a private asset holding is beyond my realm of understanding. Even buying a HW by providing any sort of personal info kills the whole purpose of Crypto.
There were lines of people scanning their eyeballs for pennies for that Worldcoin project. Most of them don't really care that much.