how do you think people with $100,000 in btc or other alts manage to protect their wallets from hackers?
you think they have a wallet file on their desktop? you think they've only written down their seed physically?
you think they back it up in some cloud service?
if you had $100,000 how would you protect your wallet?
Ledger. How dumb are you?
this
>implying ledger is so secure
literally physical device with a password that holds all your money, if I created a hidden driver using veracrypt and concealed it as a .dll file, it would be x1000 safer because even if someone had complete access to all my passwords + my computer he still wouldn't find it
Ok Mr smarty pants, thanks for the thread. Also have fun copy and pasting your key when you need it. Nothing bad could come of that I'm sure.
I keep mine on binance
I keep around 400k usd in various assets on about 10 exchanges. I also keep money on a desktop wallet.
Never been hacked, don't use 2fa.
Trick is to not be a retard and avoid malicious links and scammers. Oh and of course never brag irl or you a target.
Feels good.
Use U2F to secure your email
Yubikey or ledger nano s can be used to lock down your gmail acct.
If you have a ledger set-up, the only way to sign transactions is with the ledger + pin. You can accomplish the same with an offline laptop or phone (and Electrum), but I personally prefer the simplicity of the ledger.
Ultimately this is true, however, as this user says (), pasting private keys is not a good idea
you divide it the money up amoungst multiple wallets,
in other words, we take the decentralization approach, and in order to create more security, we apply the decentralization method to the wallets.
It solves the "wallet problem", by creating a decentralized wallet network.
now go buy WalletCoin.
Honestly, no need for the complexity of a a ledger:
1. Move funds to coinbase
2. Press “sell”
3. Withdrawal USD to bank account
Now you’ve secured real, human money with a historic uptrend backed by an fdic insured banking institutions.
If you want extra maximum security, consider government bonds and maybe max contribute to an ira.
>historic uptrend
> government bonds
You’re glowing.
Trust lying shills trying to steal my money without my best interest st heart?
Or the goverment.
Easy choice bud
>literally physical device with a password that holds all your money
Yeah, but the only way anyone will know about the ledger is if you tell your entire family like some ultra moron, and in that case, both offline wallets in disconnected laptops or hardware wallets will be useless, because someone can put a gun to your head and force you to transfer your funds.
Just dont be a tard, never tell anyone about yours shitcoins, people have been killed for little as 1k in real money, only the king of morons would brag about 100k.
Safe and secure, you retarded faggot pussies!
at what point should i consider storing my crypto ?
currently i have 3k trading on bitmax, 1k on binance and 1k on idex (plus 400 bucks on bittrex that are waiting for NKN dump that will never come)
What’s that word list
Its bait.
Do hardware multisig
I have wallets in several locations with several scenarios on how to access them in the event of fire, theft, a crypto ban, my death, etc.
Some are held with family some with bank boxes and others with my estate planner and my personal locations so it's all secure on all levels (3 figure BTC club)
Do the math so the government cant raid a bank box and steal it
So your family can't collude without estate planner
So theft and fire can't mess it up either
How do you setup a multisig wallet? How do you get your bank to hold one of the signatures?
There's wallet type 2 of 3 or 2 of 4 or whatever up to x of 12 in electrum that keeps each individual key secure on each hardware wallet
I have a safety deposit box that only I have access to unless I die then it's my estates
My wallets are in tamper proof boxes with a serial numbered seal so I know if any one them were opened/compromised
So when generating your file you need the signing wallets and the xpub keys to the remaining wallets so if you have a 3 of 6 you leave wallet 1 with xpub 4 5 6 wallet 2 with 5 6 1 wallet 3 with 6 1 2 etc. So a thief can't see how much is in the wallet
My Ledger contains funds that exceed the value of the house it's stored in. This does make me slightly nervous.
I like banks, I'm not against them. I'm in crypto for the volatility and gambling.