Best hardware wallet for newfag

[Anonymous No.29614626]

Which hardware wallet is best for someone new? Made my first $1,000 and figured I should invest in keeping my investments secure. I'm torn between the Ledger Nano S and the Trezor One. Both seem like good options.
Also, is it really that dangerous to buy them on Amazon? Even if it comes from the official store?
Anybody use both by chance and have some insight? Thanks frens.

[Anonymous No.29614745]

Trezor 1 only because ive had mine for like 6 years and its been through a washing machine and still works and I like the trezor suite for keeping a secure hidden wallets.

[Anonymous No.29614825]

>>29614745
oh and yeah, buy it from trezor or an authorized reseller locally, not amazon

[Anonymous No.29614839]

>>29614626
I've got a few ledger nano s'
Never used trezor but I will probably pick one up and further split funds across.

[Anonymous No.29614840]

>>29614745
Not really concerned about duarbility like that since when I'm not using it, it'll sit in a firesafe in my closet, but that's still super impressive.
And what's that about hidden wallets?

[Anonymous No.29614853]

>>29614626
Trezor, the newer one if you want to use monero, ledger is good tough but buy in third party.

[Anonymous No.29614884]

>>29614626
i used both an i use ledger now, but solely because the trezor model one doesnt support monero
i like the ledger live application. trezor is all done with an online web app
they're both very solid. ledger had a data breach but it was related to their storefront. the device itself is as secure as the trezor
hidden wallets are easier to use on the trezor, and the trezor is open source (but that's not super important). i'd say if you don't care about monero, go with the trezor

[Anonymous No.29614909]

>>29614626
dont waste your money on a hardware wallet if you dont have like >50k
just use electrum and metamask and dont lose the seed phrase

[Anonymous No.29614943]

what material is the trezor made out of? it looks like plastic from this picture

[Anonymous No.29615025]

Just use Trust/Coinbase Wallet you dumb faggit

[Anonymous No.29615041]

Anyone have a ledger blue. I know they're more expensive but they look really nice and when my stack is over 200k I don't really care about the extra $150. Plus I want a touch screen and the Trezor Model T looks dumb

[Anonymous No.29615090]

>>29614884
Ledger data breach shouldn't impact me if I buy one now right?
And if I'm getting this right, the ledger uses an actual aplication and the trezor uses an online website?
>>29614909
Well I plan to hopefully have that one day fren.
>>29615025
Coinbase wallet is shit. Have used and won't again.

[Anonymous No.29615105]

What's the difference between hardware wallet and just keeping everything in an encrypted container?

[Anonymous No.29615156]

>>29615090
nah the data breach won't, i'm sure they have drastically stepped up the security for their storefront after that fiasco
>the ledger uses an actual aplication and the trezor uses an online website?
yeah, unless something has changed since 3 months ago

[Anonymous No.29615197]

>>29614943
Its made out of cum. No, what did you expect? Of course its plastic.

>>29614626
Buy what the fuck you want, both are pretty good, but I like the ledger a bit more. But they had a leak of customer data a few months ago.

A lot of people that bought ledger got death threats by email and people telling them they will come and kill them for their bitcoin etc.

[Anonymous No.29615213]

>>29614626
Trezor Model T. Trezor Model T. Trezor Model T!!!! For fuck's sake!

[Anonymous No.29615242]

>>29614626
I have both and they are nearly identical in functionality and user interface. I guess I prefer ledger by a small margin but it's the same shit.

[Anonymous No.29615244]

>>29615105
how do you access your private keys to sign a transaction without decrypting the container?

[Anonymous No.29615287]

>>29615213
Is the Model T better than the Ledger Blue?

[Anonymous No.29615325]

>>29615213
dude anon said he has 1000 dollars, model t would be like 20% of his stack in usd terms lel

[Anonymous No.29615357]

>>29615105
Hardware wallet is a lot safer than coming up with your own solution. With a hardware wallet the private key never leaves the device

To diversify risk even more it also makes sense to have 2 or more hardware walelts in case one gets hacked, which is extremly unlikely.

[Anonymous No.29615378]

>>29615244
Well that's just it. Decrypt, trade, re-encrypt. I guess the hardware wallet just does all of that automatically?

[Anonymous No.29615380]

Im a newfag too and I bought a Trezor T, still waiting for the tracking email. Anyone know how long it takes to ship to Canada? I bought from the official site.

[Anonymous No.29615403]

>>29615287
Yes.

>>29615325
He can grow into it

[Anonymous No.29615465]

>>29615105
you need to open your container to access and read your keys. If some malware is roaming in your system it has access to your keys too during that time when the container is open.
With an hardware wallet your keys are on a separate device and never leaves it, so that you can use your hardware wallet with a pc full of cyber stds.

[Anonymous No.29615470]

>>29614626
Use electrum or run your own ETH node, save the wallet.dat in a 3$ USB drive. Buy 2-3, so i case one gets ruined you still have it.

[Anonymous No.29615477]

>>29615380
>Anyone know how long it takes to ship to Canada?
About 1 week.

[Anonymous No.29615525]

I bought the Nano S recently and was surprised by how flimsy it feels. Like you hear rattling from inside it when you move it around. Probably doesn't matter at all, but keep it in mind.

[Anonymous No.29615540]

>>29615465
Ah. OK well I'm getting one then.

[Anonymous No.29615677]

>>29615378
>Decrypt
but now you've created potential attack vectors. i.e. if you decrypt on a compromised system which has a trojan etc.

>I guess the hardware wallet just does all of that automatically
not quite. the private keys are retained on the hardware wallet (and encrypted so you can't just open the thing up). when you want to sign a transaction, you send the transaction to the wallet, and then physically verify it using 2FA and by pressing buttons on your wallet. the wallet then sends back the signed transaction to your computer so it can be broadcast. the private keys are never exposed to any software or hardware outside of the device

[Anonymous No.29615684]

>>29614626
>>29614745
>>29614825
>>29614839
>>29614840
>>29614853
>>29614884
>>29614909
>>29614943
>>29615025
>>29615041
>>29615090
>>29615105
>>29615156
>>29615197
>>29615213
Why the fuck would you waste money on a hardware wallet

Here just download this and use it offline,

https://iancoleman.io/bip39/

[Anonymous No.29615682]

>>29615380
Hi dude. You might want to use this link to set up an account with Newton, Canada's crypto exchange https://web.newton.co/r/9O7UI5

You'll get $25 when you trade over $100 CAD in volume.

Newton has extremely low fees.

[Anonymous No.29615741]

>>29615525
I have one aswell and I dont know what the fuck your talking about. Stop the fudding

[Anonymous No.29615880]

>>29615197
I thought it might have been painted aluminum

[Anonymous No.29615903]

>>29615684
yeah that's good for cold wallets, but not wallets you want to actively trade from

[Anonymous No.29615937]

>>29614626
Just make sure if you buy the trezor one that your coin is supported on it. Id go for the model T anyway

[Anonymous No.29616013]

>>29615880
they're both plastic, the ledger has a little metal flip thing

also if you guys get a ledger, make sure you get the wojak pink one

[Anonymous No.29616050]

>>29615741
nigger, there is literally something rattling inside the usb stick when you shake it

[Anonymous No.29616062]

>>29615090
dont count your chickens before they hatch
$100 hardware wallet is 10% of your $1000
when youre thinking about growth you have to think is percentages, $100 doesnt seem like much but youre poor, 10% is a lot

[Anonymous No.29616217]

>>29616062
a hardware wallet is pretty much the only equipment investment you need to make for crypto, though

>>29616050
im shaking mine right now anon, theres no rattling

[Anonymous No.29616295]

>>29616062
I'm spending my wagecuck check on it, not my crypto, so that's a non-issue for me.

[Anonymous No.29616355]

>>29616050
that's probably the NSA bug that was soldered onto the board on route to you that's just come loose

[Anonymous No.29616453]

>>29615677
>the private keys are retained on the hardware wallet
What if I decide to use the same seed phrase I've created on my hardware wallet to create another hot wallet? Would that potentially compromise the private key?

[Anonymous No.29616508]

also if you guys are super poor but still want one and are really patient, these companies do black friday deals every year. i know its miles away but you could write it on your calendar.

[Anonymous No.29616864]

>>29616453
it depends but tl:dr yes

these wallets use hierarchical deterministic structures to generate wallet addresses from a single seed phrase. you should treat the seed phrase as if it WAS your crypto. you don't want that shit out in the open. when you buy a hardware wallet they tell you exactly what you SHOULD do with the seed phrase: write it down on PAPER (or store it using a method like cryptosteel if you are super paranoid) and put it somewhere nobody will ever find it, and don't type that shit into any computer system ever.
if you were using a hidden wallet (25th seed word) then if someone got your seed phrase they still wouldn't be able to access your crypto without the 25th word, but it's still extremely bad as youve drastically reduced the security and would want a new seed phrase anyway

[Anonymous No.29616921]

Just use tails offline to make your keys and if you need to send, generate a signed transaction there to give to the blockchain on a hot computer. Jfc it's not that hard. These companies have y'all by the balls with their overpriced unreliable gadgets and gizmos

[Anonymous No.29616964]

>>29614626
Ledger nano S sucks it can only have like 3 cryptos on it. The nano X has much more memory

[Anonymous No.29616998]

>>29614626
Ledger Nano S owner here, would recommend Trezor

[Anonymous No.29617023]

>>29616453
>>29616864
also the seed phrase, for all intents and purposes, IS your private key, just in a more legible form

[Anonymous No.29617137]

Get the Trezor One.
It supports BTC and ETH and all the erc shitcoins, so basically all of crypto.

[Anonymous No.29617179]

>>29616864
>>29617023
Thank you, anon. So I assume if I use the same seedphrase on another Trezor I'd be safe? I know it might sound dumb but I'm a schizo looking for confirmation kek.

[Anonymous No.29617251]

>>29616921
>generate a signed transaction there to give to the blockchain on a hot computer
what???????
can you sign transactions you don't have funds for? how?

[Anonymous No.29617297]

Download Airgap vault on an old android phone. Make your own hardware wallet.

[Anonymous No.29617393]

>>29617179
yeah, nothing wrong with that. you will have to use the 'restore' feature on the second wallet so that it doesn't generate a new seed phrase

[Anonymous No.29617656]

>>29614626
if you wanna stake your coins via bluetooth get a Trezor Model T. If you just wanna keep your coins comfy get a Trezor Model One. Avoid Ledger like the plague. They had a hard security breach last year. If they can't keep a security breach from happening, they can't keep your coins safe.

https://cointelegraph.com/news/ledger-data-leak-a-simple-mistake-exposed-270k-crypto-wallet-buyers

[Anonymous No.29617744]

>>29617137
except xmr...

[Anonymous No.29617915]

Take the safepal pill

[Anonymous No.29618961]

Also, anons what wallet do you use for ERC20 shitcoins? I run my own node, but boomers i know what me to invest their money and i'd like to find a way to make it easier for them.

[Anonymous No.29619880]

What do you think about Bitbox?

[Anonymous No.29620024]

>>29615903
Generate a hash and broadcast it with etherscan

https://etherscan.io/pushTx

[Anonymous No.29620149]

>>29618961
You can use the Trezor Model T suite for erc20s. If you want a free wallet for erc20s, use Atomic Wallet.