Ninjastic
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Scraped on 09/09/2025, 09:27:59 UTC
Quote from: Hypnotizer on September 09, 2025, 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. If you have no device you can sacrifice as airgapped, you can airgapped your device for awhile to generate a paper wallet and backup its seed phrase offline in 2 or 3 different locations.
Original archived Re: About bitcoin Hodling: for beginners
Scraped on 09/09/2025, 09:22:31 UTC
Quote from: Hypnotizer on September 09, 2025, 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. If you have no device you can sacrifice as airgapped, you can airgapped your device for awhile to generate a paper wallet and backup its seed phrase offline in 2 or 3 locations.