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/biz/ - Business & Finance


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18926185 No.18926185 [Reply] [Original]

is it worth keeping my crypto in a secure wallet if it's only worth around 2 grand?

>> No.18926228

what do you mean, is it 'worth' it?

>> No.18926261

I have $3k in RSR but technically it's future worth is about $6.5 million so yes I keep it on a hardware wallet

>> No.18926290

>>18926228
it's not a huge amount, is it

>> No.18926302

>he hodls and doesn't margin his entire networth

biz = plebbit

>> No.18926391

yes. /thread

>> No.18926447

>>18926185
If you’re fucking with amounts bigger than 1k I’d say it’s worth it. That 2k could be worth a lot more someday, so why not secure it now.

>> No.18926551 [DELETED] 
File: 923 KB, 1920x1080, Screenshot_20200507-012953_Gallery.jpg [View same] [iqdb] [saucenao] [google]
18926551

>>18926185
Yes

>> No.18926583

>>18926551
why didn't you put /biz/? unbased

>> No.18926598

>>18926185
Depends what price you locked in at.

>> No.18926608

>>18926551
What the fuck is this

>> No.18926642

>>18926608
From another thread that was pruned.

>> No.18926670

>>18926185

no. The "secure wallet" thing is a fucking meme there is absolutely no need to waste your money on one of these things it's a vanity item just use a pencil and piece of paper

>> No.18926931

>>18926185
it's not worth it to buy these things if you are not using it frequently to purchase.

>> No.18926971
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18926971

>>18926670
i rather recommend this solution instead
bip38 encrypted paper wallet.
you can print it out and store it digitally in many copies for practically free.
secure against theft. cheap. and redundant.

>> No.18926997

>>18926290
Neither is 60 bucks but you seem to think its an investment decision worthy of some serious consideration.

>> No.18927055 [DELETED] 
File: 940 KB, 1080x1920, Screenshot_20200507-013152_Gallery.jpg [View same] [iqdb] [saucenao] [google]
18927055

>>18926608
>>18926583

Me and my secretary were spread chainlink hate earlier

Pic happened to have a ledger in it

>> No.18927096

Could be worth 20k in a couple years

>> No.18927120

>>18927055
You are fucking your secretary? Why?

>> No.18927215

>>18926185
LMAO JUST INSTALL METAMASK LITERALLY EVERYTHING IS RUNNING ON ETH TODAY EVEN GOLD

>> No.18927258

>>18926185
>only worth around 2 grand
kek wtf do you think it will be worth in a while..

>> No.18927304

People who requires secure or paper wallets for even large amounts are literally brainlets. Not getting hacked by this shit is computer 101 and if you can't manage it, well, you deserve to lose your money.

>> No.18927656

>>18926185
yes. that way you don't need to trust any service or worry about your money getting hacked into. It is 100% worth it.

>> No.18927816

>>18927304
It’s a small price to pay for the extra comfort

>> No.18927968

>>18927656
what are the transaction fees like?

>> No.18928183

>>18926185
Of course it's worth it, they're not that expensive. I got mine back in the day when I had about 5k worth of linkies.

>> No.18928213

>>18927968
you can choose what fee you want

>> No.18928243

>>18927055
>>18926551
That’s a man

>> No.18928245

>>18926185
I have 14k on coinbase pro since the last year who the fuck cares just dont go around clicking .exe files lmao

>> No.18928458

Is ledger the best wallet or is trezor a better option?

>> No.18928472

>>18926261
This is my mindset but about ARPA instead
I don't even care about the staking I just want it to be safe

>> No.18928622

>>18926185
if you're paranoid

>> No.18928704

>>18928458
I like ledger because it's a bit smaller, so I can store it in a waterproof aluminium tube. The trezor touchscreen is nice but I think it's up to personal preference. I bought the backup pack from Ledger using a voucher code I found online which basically meant the second "backup" ledger was free.

>> No.18928722

>>18928245
>just dont go around clicking .exe files lmao
Doesn't help if they get the Mt Gox treatment does it?

>> No.18929309

>>18928704
perfect thank you, i have been getting ads on brave for cobo vault, do you have any experience with those?

>> No.18929796

>>18929309
>cobo vault
It looks good. It's more expensive aprox x3.
Tbh, I wouldn't just because I don't want to be the early adopter that gets fucked by a new company. Plus Cobo are a bunch of chinks, whereas Ledger are France/USA.
What I did was get the Ledger backup pack and a stainless steel passphrase backup. Cryptocurrency Steel Wallet by Steel Wallet is good, you only need the first four letters for BIP39.

>> No.18929856

>>18926185
Just ask yourself: Would you leave 2k in a somali bank account? If yes, don't worry about hardware wallets. If you'd rather have the 2k under your pillow, I'd go for one because the average somali bank is probably more secure than the vast majority of crypto exchanges.

>> No.18929876

>>18926185
The hardware wallet is only like 50 bucks, what do you think?