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/biz/ - Business & Finance


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25568937 No.25568937 [Reply] [Original]

Has any of you ever gotten their funds stolen even when properly using a hardware wallet?

I have never put my recovery seed into any electronic device and kept it away from open windows if I needed to take a look.
I have entrusted the steel backup to my dad whom I trust with my life (I feel it's safer where he lives and it's better to keep the wallet and the seed in separate locations). I want to keep a backup so my family can inherit it if I'm gone.

Still, fear lurks within me that somehow someone could have intercepted the seed in a way I expect the least and that they might be planning to extract my funds at a future occasion. It literally doesn't let me sleep.

How do I chill the fuck out?

>> No.25569021

my 15k link have been on my ledger since 2017
just looked still there
i am moving them to my trezor i just got soon
just waiting on gas prices to chill out because i’m cheap

>> No.25569033

>>25568937
if you're honestly this paranoid you should bury things in the mountains/desert somewhere on preserved land, checking on it every 3 months or so

>> No.25569037

>>25568937
Try to stop being a retard i guess?

>> No.25569118

>>25569021
Clever. I think I'll get a trezor too and split my holdings in half.

>> No.25569678

>>25568937
I would probably make a tails USB, only connect your hardware wallet to that, and only use it to send funds to an intermediary wallet with the amount you intend to spend, I think that will save you from any possible software attacks

As for the seed you have nothing to worry about, you're being too paranoid at that point

>> No.25569971

>>25568937
Try not being a faggot

>> No.25570131

I just put 500k + onto a chromebook using ledger last night. I was up 6 hours into the doing it.

I was previously just using keepass on a windows wank machine.


I literally and figuratively can finally rest at night

>> No.25570187
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25570187

>>25568937
>and kept it away from open windows if I needed to take a look

Based Schizo

>> No.25570292

>>25568937
>It literally doesn't let me sleep.
Same.

>> No.25570365

>>25568937
Same.
Also paranoid on the seed words and also put in steel with stamps.

Never got anything stolen but I lost big when eth got hacked and dumped to the ground

>> No.25570622

>>25568937
don't put your funds in the same basket remember?
first make sure that your HW is genuine (check the instructions)
that your key has been generated and stored outside the internet and no one saw it
then store the funds in a safe at different locations

>> No.25570806
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25570806

>>25568937
If you’re so paranoid why aren’t you using the lock feature like anons are spoonfeeding the newfriends?
>>25566049

>> No.25570918

>>25570622
How do you check if the Trezor is fake or real please? Got mine today

>> No.25570988

>>25570918
You did buy it from Tezor / an authorised reseller right and not some Somalian from ebay.

>> No.25571004

>>25570918
no idea I didn't opened it yet

>> No.25571079

>>25568937

No, they are unironically god-tier wallets if you don't fuck up. The wallet doens't ever leave the Ledger, NEVER. And it generated when you opened for the first time and saved the seeds on your metal plate, so it's literally impossible to get the seed other from the metal plate.

If you want to even feel safer you can sign your transactions on Electrum on a air gapped PC and later broadcast the transaction on another PC.

>> No.25571090

>>25568937
Seed won't be intercepted but watch out what kind of apps and extensions you're installing

Some guy got rekt by accidentally installing Metamask from the browser's app store (it was a modified app) that reditected the funds to the hacker's address.

>> No.25571127

>>25569118

trezor suck

https://www.youtube.com/watch?v=q8jednQQFx4

>> No.25571245

>>25568937
>how to chill out
By making a paper wallet with proper opsec and leaving your hoard in cold storage. Hardware wallets are NOT for long term storage, they're for making transactions.
>giving your seed phrase to another person
You're already not going to make it, you're too fucking stupid to learn anything about security. Just leave your coins on an exchange if you're going to be so stupid.

>> No.25571274

>>25571245
why can't i leave my coins on an exchange?

>> No.25571365
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25571365

>tfw ledger and just waiting to get my skull bashed in with a five dollar wrench exploit.

>> No.25571495

>>25571274
the big exchanges are safer than your software wallet and even hardware wallet if you don't manage your security properly.

>> No.25571507
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25571507

>>25571274

>> No.25571582

>>25571495
The people hated him for he spoke the truth.

>> No.25571750

>>25570806
kek, priceless, kek

>> No.25571817

>>25568937
Holy fuck you paranoid twat!
Take your fucking medication!

>> No.25571893

People are constantly trying to crack private keys. Best bet is have your money spread across multiple wallets.

>> No.25571922

Wait you guys don't keep your life savings in a browser extension?

>> No.25572129

Yes, I am paranoid 24/7. But if you have a secure password + your 24 words, a clean computer AND A CLEAN NETWORK, it's practically impossible to get hacked.

>> No.25572336
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25572336

Thanks anons. Just knowing that there are people who feel the same way is already making me feel better. And you gave me some nice tips too. That's /biz for you.

>> No.25572397

>>25572129
There's no such thing as a clean computer or clean network. Literally everything is pwned.

>>25571365
Unironically consider legally changing your name and absolutely move as soon as you can (break your lease if you have to). Also consider filing paperwork with your state government to seal your personal information from public databases like voter registration (celebs do this, so can you).

>> No.25572632

>>25572397
Yeah, but unless you're up against an alphabet agency, those 4 things should mitigate a large portion of risk.

>> No.25573044

>>25572632
I just said two of those things don't even exist. You MUST generate your private keys using a fresh, never connected to internet computer and then wipe the computer after generating the keys. It's the only way to be sure.

>> No.25573227

>>25568937
Dude.if you got your crypto in a hardware wallet you’re already 99.999999999% safe.

By worrying now you’re like a guy who buys a lottery ticket and starts spending as if he won

>> No.25573343

>>25571079
Unless he is doing major illegal shit why would that be needed

>> No.25573425

>>25573343
That has nothing to do with protecting his transactions from being on the blockchain, only a privacy coin can do that (monero). That's just to avoid exposing private keys to the internet (which as I've said, you must assume is pwned)

>> No.25573452

>>25571127
You should be using a pass phrase which makes physical attacks useless

>> No.25573514

>>25571274
You can, Gemini, kraken, coinabase these are all big now and safe. It’s like being afraid Bank of America will take your money

>> No.25573682

>>25573044
All networks and computers may be insecure, but some are more insecure than others. Theres always a higher level of security that you can achieve. But like I said those 4 things will mitigate you from a large enough portion of risk to sleep comfortably at night.

>> No.25573811

>>25568937
Ive been using my Ledger since launch. Unfortunately they got my Email in the leak but I ordered to a someone else's address under a different name. I've never had anything stolen and by the nature of hardware wallets noone ever should unless someone gets your seed somehow. That said, if I had over maybe 500k usd in crypto I'd move to an airgapped paper wallet. The biggest risks are the ol' monkey wrench or one of these companies having a backdoor in their devices to pull a huge scam. The later is very, very unlikely, but for that reason I'd move to paper wallets for storing anything high six figures or above

>> No.25573902
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25573902

>>25573514
It’s like being afraid Bank of America will take your money
Well, I mean...

>> No.25574011

>>25569021
Lmao nigga ain't no one want your stink stack

>> No.25574095

>>25570918
You buy it from the official website, dummy.

>> No.25574430

Argent has a software wallet that doesn't use seed words. Funds are locked in a smart contract with withdrawal limit you set and takes 48 hours to change. You can set up to 3 guardians to co-approve any transfers. They can be family or alt emails. Seems pretty solid.

>> No.25574777

>>25571893
>People are constantly trying to crack private keys.


99.99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999% of all possible wallets are empty.

https://youtu.be/S9JGmA5_unY

>> No.25574798

>>25571495
this. You can call them and get your money back.

>> No.25574835

>>25573902
Sure there’s a time to be that paranoid

>> No.25575153

>>25573902
Not that Bank of America will take my money, but the money will get lost. There is no password and device linked to my BOA account that if it gets lost I could be completely fucked. Granted you'd have to lose the device itself and the password but that's possible if you got robbed or something. Crypto is not FDIC insured like my money in the bank and that's scary even though the point of crypto is to "unbank" the bank.

>> No.25575248

>>25568937
It's hard to have funds stolen in general unless you're retarded. You have to be very retarded to have it stolen from a hardware wallet.

>> No.25575261

>>25573811
Where would you keep that paper though? In a fireproof/waterproof safe at home or a Security Deposit Box? How would you protect it?

>> No.25575526

>>25575261
My seed is encrypted and hidden inside my home. I carry a gun and don't tell anyone about either (the gun or the crypto). If I discovered Id been robbed while I was gone I should be able to move my crypto to new wallets before they figure out my encryption. If Im being held then Im fucked no matter what.

>> No.25575580
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25575580

>>25568937
Are normalfags really not able to memorize five wallets' worth of seed words?

>> No.25575751
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25575751

Retards. Just use this with your YubiKey, and use a clean machine if you're actually that paranoid.

I'm hodling 50 ETH and 5 BTC and I sleep comfortably at night knowing the cryptography will keep me safe.

>> No.25575752

buy a trezor and use shamir backup

you are welcome

>> No.25575986

>>25571922
Yeah im starting to panic reading this thread