Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: It's stupidity to have thousands in Bitcoin using a software wallet
by
dunfida
on 05/02/2024, 18:47:02 UTC
⭐ Merited by Fatunad (1)

Things are different now, in fact way better, still if you are new and you want to DCA into Bitcoin, kindly consider getting a Trezor wallet at least, don't keep Bitcoin worth $2000, $10,000 on a software wallet, even if its a open source software wallet I believe this amount is too much for a software wallet, having this much means you can afford a hardware wallet.

Honestly, it is really just that the same, it is really just that there are people who cant really be able to handle themselves when it comes to those things specially if its related to security.
Im telling you that i have been that failing on purchasing some hardware wallet even if its just that cheap. Why? because im not really that holding a substantial amount of Bitcoin
and this is why buying one wont really be that relevant. Well, i do have some few though and some altcoins but i can say that there are wallet which are open source.
Yes, its software but as long you do possess its keys then you could actually be able to access that wallet compared into those custodial ones which does require
those email log in or whatsoever. It is really just that sometimes you would really be needing to make use of your common sense for you to be able to differentiate on which one is better and
which one is really that risky.