Quote from: Hypnotizer on Today at 11:37:10 AM

Quote from: Charles-Tim on Today at 09:22:31 AM

Quote from: Hypnotizer on Today at 08:41:43 AM

you fit store your coin in a Hot wallet which is connected to the internet but this storage method dey risky because hackers fit hack your wallet, storing your coins in a cold storage is much safer because e get enhanced security against all online threat because it is not connected to the internet.

Do not advice anyone that wants to hold their coins to use a hot wallet for it at all, it should be hold on a cold wallet.

Thank you @Charles Tim for the correction, but I was trying to imply that you can store it in a hot wallet when you dey buy am small small before you transfer it to a cold wallet after you have accumulated the amount you want to Hodl to reduce transactions fees. But off course you should store the coins you want to Hodl in a cold wallet for security and better still for security you can still transfer any amount of bitcoin you buy to your cold wallets directly without keeping it in a hot wallet to avoid any mistake or threat of storing it online in a hot wallet

Charles-Tim don tell u the truth and u trying to cover ur mistake with the excuse be like say u still stand on ur opinion. Well the crypto industry na o.y.o shaa the risk and terms of keeping our coins safe na individual risk but e good to consider experience users guides and also do ur own research.
So if u get target to accumulate specific value of bitcoin, as investor way dey buy on the regular basis way e go take u a duration way fit be the least 6 months accumulating processes na so u go hold ur portfolio 4 the hot wallet b4 later u send an to ur cold wallet way u consider the securities more tightened than the hot wallet? Abi u want take bcos of transaction fees management risk ur hard earned u don acquire all the while? Even when u want hold on the hot wallet in the short time of ur accumulating periods, the time u go take send the funds from the exchange to ur hot wallet can be used to send the funds to ur cold wallet afterall na same fees dem go charge u unless u want hold am for the exchange and that na how much u dey even risk ur funds bcos hacking attacks fit sub anytime especially for exchange while other hot wallets still remains vulnerable. So to stay in the safer side prioritize ur holding for cold wallet and stay online threats free. Earlier the best u make the right choice so u stand of the safer side.