Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin OGs, Can We Please Practice What we Preach?
by
Mpamaegbu
on 13/11/2023, 10:50:28 UTC
⭐ Merited by Fivestar4everMVP (1)
Many of us, the Bitcoin OGs are quick to advice newbies to get a hardware wallet, that it is the best way to hold bitcoin and other supported crypto assets securely, but coming back to ourselves, many of us don't do the same, probably out of over confidence in ourselves that our wallet can never be hacked due to our already vast knowledge in crypto.
That attitude cuts across. An OG here who's always advising members to invest only in Bitcoin once opened up to me when I chatted him privately and wanted to know why he was investing only in Bitcoin while he could add some credible alts in his investment. Dude shocked me by telling me he was also investing in alts. He was merely fronting in the forum and wanted everyone to see him as a maximalist. Such habit, just like that of the victim in your post is pretentious and deceitful.

Also hardware wallet or probably all cold wallet isn’t just the problem but also how we back up our seed phrase or keys. Even with hardware wallet if you don’t store your seeds properly it will still be needless.
Exactly the same disposition I've concerning this hardware wallet thing. The way many talk about it like it's infallible. Security and safety of our funds depend largely on us than on any device.