Should I just move all my chainlink to the vault so then I don’t sell or swing?
Hold the link
user thats the most sensible idea ive come across today - out of sight out of mind
Absolutely!
that's what i did
Is vault safe? I have 50k linkies in coinbase, don't know where to store them.
That's what I did after realizing my mistake of selling some after mainnet
why dont you stake them?
We are link brothers at 4k. ONLY BUY user. We can't risk to lose any and we must gain 5k. Steady hands.
>Is vault safe?
Came here to ask this. Is it safer to keep my linkies on my ledger or in the coinbase vault?
I bought link using the money to pay my tuition. Pls mom don't kill me.
no really put your linkies in linkpool and stake them...
Ledger will always be safer as long as you aren't an idiot
Can someone explain how ledger works? I know how to use it, I just don't know how it's keeping my crypto safe.
>I send link to the ETH address on wallet displays
>Can go on MEW to see the balance of the address
Okay I get that, but why can't anyone else just type that address in and go look at my balance or pull my crypto off of that address? What is the ledger doing that is preventing people from interacting with that address without my permission?
I holded for more than a year, unloaded at 4.21. ONE is the new /ourcoin/, sorry desu
>coinbase vault
Huge sell signal, normies are here already
The address is your public address. With this, all someone can do is send you tokens. It's like a mailbox address. Your private key address is the one you want to keep secret. That is the address you use to authorize token sending from your public address to another public address. Go slow and do your research.
Better watch it dude, I'm H4x0ring your shit now.
So the ledger has a private key address on it that I or anyone else cannot see?
>Is vault safe?
So, trying to figure this out myself.
Answer of course, is “safe from what?”
Risks that I’m concerned about
1. Someone comes to my house with a gun and holds it to my head and says “transfer your link to this address
2. Someone hacks my shit via sim swap or something
3. Coinbase pulls mt. Gox.
How I’m trying to deal with each
1. Hold my stack (smaller than yours, I’m at 36K) in a few different wallets. Use decoy wallet so that, someone comes in they can force me to turn over only what’s in the decoy wallet, but hopefully that’s enough that they decide just to make off with what they got rather than continue to fuck with me. Also, hold part of stack in coinbase vault. With vault, ALL withdrawals are on 48 hour delay.
2. For interacting with coinbase, set up with yubikey hardware key so, afaik, close to literally impossible to get access via sim swap or other shit. Also set up separate proton email address that I ONLY use for coinbase and keep secret.
3. Risk that coinbase will implode? Honestly the last one I’m just not worried about. Maybe famous last words but it is a regulated exchange in the us. In any case, will have 10K on coinbase, 10k on trezor, 10K in ledger (which I will keep in safe deposit box at bank)
sell idiot
>LTE
What shithole do you live? Tell your network to upgrade user.
I sold 1/3 of my 6k stack, (bought in at 0.28). The rest i will hold until its 100 or 0.
Yes, the ledger has its own built in private key that automatically authorizes token sending for anyone who has their hands on the ledger and knows the PIN to access it.
If you were using MEW alone without a hardware ledger for example, you would have to enter a private key (generated when you create a virtual wallet) manually each time you want to send tokens. The ledger does it automatically.
...
you have to ability to send funds/make payments by signing a withdrawal transaction with your private key, your private keys for your various coins and tokens exist on your ledger, a ledger is less of a wallet and more of a keychain, but funds on the blockchain are worthless without you having their associated private keys since you wouldn't be able to send them anywhere, basically people can't steal your funds unless they physically steal your ledger, which obviously is a new security risk that you need to take measures to mitigate
How?
I actually locked my LINK in their vault and my wife has to approve a withdrawal by e-mail confirmation. Comfy as fuck
Cuck
Why are people so worried about their ledger's being stolen or people breaking in to their homes and holding them at gunpoint to give their ledger pincode out? Can people find out where you live by looking at the addresses on the blockchain? If no why is everyone is everyone so paranoid.
LMAOOOOOOOOOOOO you're fucked bro. why the hell would u keep funds on coinbase? you realize starting july 1st they provide the IRS any transaction over 1k USD in value.
blockchain+KYC exchanges that are legally compliant makes it trivial to know who owns crypto
Oh... user...
This shit is gonna go parabolic tomorrow, you'd be stupid to sell now. Imagine if it would go x3 in a couple of days, how would it feel if you would've sold now, while there is news tomorrow.
> don’t know where to store them
Hahahaha what the fuck you bought magic internet money and you don’t know how to hold it yourself?! Lmao
Had them on binance since forever, but since coinbase started trading link I switched. Don't trust the chinks with my linkies.
>Someone comes to my house with a gun and holds it to my head and says “transfer your link to this address
Behave yourself m8.
Why would it go parabolic tomorrow?
It wont. Going to 2.50 - 2.60 .. screenshot this.
Okay but it's also trivial to know every person who is a millionaire, so what is the difference? Why is a crypto millionaire more likely to be robbed at gunpoint than a fiat millionaire?