Remember, LINK is the last golden ticket out of poverty and you should never store 100% of your linkies in a single place. As unlikely as it is, someone could hack Binance or even Ethereum itself and steal everything you own.
Thankfully, since LINK is a blockchain-agnostic project, that means it can be stored on ANY chain using ANY wallet in existence! Sergey and Steve actually guarantee this interoperability in the white paper and it is a large part of what makes the project so appealing in the first place. Because of this, I strongly encourage all linkmarines to split their stack evenly across as many of the following as they can muster:
>Ethereum wallet (MyEtherWallet is always good) >Several different exchanges (Binance, Coinbase, and Gemini are highly trusted) so if one goes down it's not game over >Bitcoin wallet - Bitcoin is the O.G. blockchain after all and probably more hackproof than any other in existence. >Monero wallet - storing your LINKs on the Monero chain has the added advantage of obscuring your trade history from the feds. When you finally cash out you won't need to pay any taxes on your LINK stack. >Skycoin wallet - Storing your linkies in a Skycoin wallet will actually earn you coinhours passively! It's like earning node dividends without the wait or hassle. >Try looking for little-known crypto projects that might have a fork in their future. If you store LINK on their wallet when the fork occurs, you get free forked LINK!
There are just a few ideas, but there are innumerable safe places to spread your LINK stack out in. As you can see, it's almost irresponsible to keep all your LINK in a dusty old MEW wallet when there's so many perks to storing it elsewhere. Keeping your link spread out like this also helps against the temptation to sell your LINK prematurely during the climb to $1000. Personally, I have my LINK spread out over 8 different wallets and 5 different exchanges, and I've never felt comfier.
thanks for the advice. just sent half my stack to my BTC wallet. it's so secure I can't even view my own LINK stack anymore! would recommend to anyone worried about getting hacked
Josiah Mitchell
stale pasta
Charles Walker
Yep, most exchanges will let you do this. Actually works surprisingly well!
Can i send my LINK to my frozen bitcoin wallet? It's frozen at 18k but i don't know if I send my LINK it will drop to 3500 instantly
Anthony Cox
Frozen wallets can still receive they just can't send.
Lincoln Moore
>yes goy store your LINKies in unsecure chains nice try
Nicholas Gray
Pretty funny, but holy shit what an asshole. I can see why you don't have any friends.
Ethan Gray
fuck that, keeping it all on binance. you are more likely of losing it all constantly sending it around wallets then someone hacking binance
Austin Carter
thanks OP i keep half on binance and sent the other half to coinbase. just send it to thr coinvase ETH adress and your good, so much easier then setting up a retarded hardware wallet lmao saved $100 right there
I send my links to three different blockchains straight from the ICO
Owen Roberts
I don't trust exchanges at all after the recent cryptopia and QuadrigaCX shitstorm. Comfy with half of my stack on a ledger and the rest tucked in my monero wallet for privacy reasons.
Juan Lopez
Pretty creative thread, good work OP.
Nicholas Rogers
Great advice op better safe than sorry. That's my motto :)
Adrian Gomez
Thank you for the tips! How do I make my LINK balance show up in my NEO wallet? I sent half my LINK there and now I can’t see it for some reason.
So let me get this straight. If I send half my stack of link to my monero wallet that link becomes undetectable...
Brody Edwards
Oh shit good idea. Coinbase is much likely to stay around / not get hacked, compared to that chinky exchange Binance.
Ryan Brooks
god i cant wait until there's crypto hype again like december 2017 so fucks will follow these threads
Camden Sanchez
Hey fren. You seem to have a good grasp on this security thingie. Can I send you my stack for you to take care of?
Andrew Johnson
Hardware wallet? kek
Nathan Wright
You are so right OP. If I could upvote this x1000 I would do it just for you. My sister lost all of her original bitcoin (long story) and ever since then, I always promised myself to be careful when trading (lmao who would’ve thought we’d become traders). Let’s hope we all enjoy the fruits of the cryptotree.
tldr: Remember to remains safe, smart and sensible
Juan Ramirez
This has been posted before, and also op is a link holder dumb fuck. He wants retards to lose their linkies making the supply go down
Logan Parker
Calm down. There’s literally no need to get like this. We could achieve so much more if you acted with a little bit of dignity. Just a thought.
Adam Mitchell
Reddit user detected
Justin Smith
thanks user, lost 100k link
Jackson Jones
Fucking brainlet. Read the thread. Read between the lines.
Levi Brown
lol ok I see you're right. My bad. You're the man. Thanks.
