/biz/ - Business & Finance

[Anonymous No.23773247]

>had over 30k in crypto on myetherwallet for like 6 months, including ETH
>literally only used a keystore to access it that whole time
>heard about hardware wallets, but initially didn't want to spend the money or learn how it worked because it looked confusing to use since I'm a brainlet
>finally said "fuck it" and bought one
>it arrived two months ago
>left it sitting in a box for two months because too lazy and brainlet to learn how to use it, kept procrastinating
>had nightmare last night that all my crypto got hacked/stolen
>wake up this morning
>think "FUCK......THAT"
>check my crypto.....they're all still there
>phew.jpg
>rip open hardware wallet box
>literally dedicate the next 6 hours of the day to learning to use the damn thing to transfer all my crypto
>learn it
>it literally just took me three hours to go from learning to connect & set up the wallet, to completing the transfer of all my funds through a more secure device
>can finally rest easy now
For the love of fuck, if you have more than a thousand bucks in crypto and you don't have a hardware wallet, get one
I deliberately avoided saying which one I have to keep from looking like a shill. Just do your fucking research and pick the best one. The peace of mind is worth the money, fucking trust me

[Anonymous No.23773274]

>>23773247
Did you activate your hardware wallet receipt before using it?

[Anonymous No.23773291]

for complete security you need to send me the 24 word phrase for safe keeping op

[Anonymous No.23773294]

>>23773247
what if your hardware fails?

[Anonymous No.23773298]

why the fuck would you store it on hardware? i can almost guarantee you that people fucked themselves more than it have saved.

[Anonymous No.23773319]

>>23773247
3 hours?? please tell me you've accepted you are sup 100iq or you just literally know nothing about crypto. Although maybe you are just hyper worried so you reread everyinstruction 10 times which is understandable. t. holding ~10k in metamask

[Anonymous No.23773329]

>>23773247
Why not use paper wallets and keep them in a safe in your house? I have done this..

But honestly, at this point, I'm considering giving up. Just putting my crypto on Coinbase for their insurance, 2fa, etc. and knowing that if they're hacked or something I have a decent chance to get my money back.

[Anonymous No.23773337]

>>23773291
Mine is pretty easy to remember
>Fuck niggers fuck trannies fuck kikes fuck spics fuck roasties fuck liberals fuck ragheads fuck chinks fuck leafs fuck bears fuck redditors fuck jannies

[Anonymous No.23773346]

>>23773274
>>23773291
Nice try
>>23773294
Just get another device. The important thing is to not lose your seed
>>23773298
Those people foolishly lost their seed. I won't. Won't say how I've stored it, but trust me it's 100% safe with my method
>>23773319
>Although maybe you are just hyper worried so you reread everyinstruction 10 times which is understandable
It was this exactly. I took my fucking time going through the instructions. Plus I made sure to send small test amounts of each crypto before sending over the remaining bulk, so that took a little time too

[Anonymous No.23773359]

>>23773329
Keep pic related in mind.

[Anonymous No.23773740]

can someone explain how hardware wallets work and why is it worth it?

[Anonymous No.23773881]

>>23773740
it's an overpriced USB stick with a keystone file on it.
it's not worth it unless you bounce back and forth between exchanges a lot and/or you are a brainlet Windows user

[Anonymous No.23773902]

What's the advantage of a hardware wallet over using e.g. Exodus and backing it up onto a USB stick an X220 with Exodus installed?

[Anonymous No.23773904]

>>23773337
dangerously based