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27144284 No.27144284 [Reply] [Original]

So do you guys actually use cold wallets? Or is it a meme?

>> No.27144409

of course, you'd be retarded to do anything else if you have significant cash in crypto
>inb4 hardware wallets
fuck off

>> No.27144469

its a meme, and 100% of the time fucks its owner instead of doing what its designed to do

>> No.27144585

>>27144409
What’s the difference between hardware and cold?

>> No.27144608

>>27144409
Wait so you hold everything on paper? Isn't that a bit mad?

>> No.27144631
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27144631

>>27144284
>>27144585
Reddits still here
And they still don't know how to store their coins

>> No.27144734

>>27144631
I'm not reddit but I did only buy BTC in November.

>> No.27144819

You have to keep loading the coolant into the hardware wallets though. Other than that you don't need to save the seed phrase for cold wallets. So it's whichever you like.

>> No.27144938

Yes but only in winter

>> No.27145065

>>27144585
>hardware wallet
your private data is leaked
you introduce trust (the hardware manufacturers, the chain of sellers) into something that should be trustless

>cold wallet
absolutely zero risk if done properly
anonymous
futureproof

>> No.27145185

>>27145065
>absolutely zero risk
What if you house is on fire and you lose it. That's a risk

>> No.27145293

>>27144284
If you did some critical thinking then you'd realise that there's live wallets that can be seen on Etherscan that hold millions in them so if them wallets are online then why worry about your 10k.

>> No.27145337

I have the seed on a keePass file backed up on multiple places, the password is a gigantic poem that I know by heart and can easily find online if I ever forget it(you can use song lyrics too).
The password is only ever typed on a notebook that exists for that sole purpose only. That's the notebook I use for trading crypto, but I don't access ANYTHING else with it

>> No.27145405

>>27145185
you're asking something unrelated to cold wallets
no matter what you choose, hardware wallet, cold wallet, software wallet, online wallet... if you're the sole custodian, you should never keep your seed phrase in just one place

>> No.27145490

>>27145065
Buy Ledger on Amazon for msrp arrives next morning. No leak. Didn't even buy mine under my name.

>> No.27145549

>>27144284
did you literally just google image search for cold wallet and post the result here
kek
no it's not a meme
memorize your seed phrase or store it safely where no one else knows in a place where you can protect it.

>> No.27145630

>>27144608
Not as mad as holding everything on flash memory or spinning rust. Not nearly as mad.

>> No.27145685

>>27144819
>You have to keep loading the coolant into the hardware wallets though
You can buy the coolant in bulk to save money. It doesn't go bad.

>> No.27145726

>>27145490
they have your address retard
and they have complete control over a computing device that you will store your crypto on
don't be surprised when it's all gone one morning

>> No.27145777

Online exchanges are honey pots for hackers

And don't think those exchanges are not reporting all ur shit to the kike irs.

Get a ledger nano, easy as shit to set up, and gives you peace of mind

>> No.27145862

>>27144631
Why do people here shit on other people who don’t instantly know what others have has years to learn?

>> No.27145873

I've had my btc on coinbase for five years. Nothing has ever happened to it. A multibillion dollar company has way better security than me buying some $100 USB bullshit. It's a meme. Unless you're an ultra paranoid goldbug type that enjoys the thrill of storing it yourself, in that case go for it. But the MtGox, BTC-e, Cryptsy days are long gone. Storing your own keys is a remnant from that era, but it's no longer applicable.

>> No.27145887

>>27145726
My address? Read again retard.
If you can only afford a piece of paper, maybe crypto is not for you.

>> No.27145911

My way is downloading TailsOS, once that started up download Exodus open the text editor and copy paste your private & public key. Press the button Encrypt (PGP) and voila you're done. Easy AF, and safe as hell. Can keep it online or on paper encrypted.

>> No.27146043

>>27144284
For large amounts and long term storage of course

>> No.27146464

>>27145887
cope
simple is better
smaller chain of trust
there's a dozen ways a hw mfct could fuck you over

>> No.27146578

>>27145685
fuck you I bought a big jug and now it has these little worms in it, sure you can still use it but I got worm bites all over my fingers

>> No.27146593

>>27145862
Lol this

We’re all trying to figure it out goyims

>> No.27146792

>>27145726
Buy from Trezor they delete your name and address after 60 days of ordering your trezor

>> No.27147147

>>27144284
i bough 3 cold wallets, i dont use them. Why?
Because I cant physicaly store the passphrase without losing it.

my wallets are online because I know where to look to recover my phrases

>> No.27147180

>>27146792
So what? They still could have sneaked some deterministic key generation scheme in there.

>> No.27147306

>>27146464
>Doesn't trust his make believe electronic coins on electronics.

>> No.27147695

>>27144284
I accidentally lost my SSD drive with a wallet on it with 5 ETH.

Does that count?

lol the ssd is completely gone i cant find it for the life of me

>> No.27147812

do you guys think metamask wallet is safe?

>> No.27148700

>>27147306
There is no inherent connection between cryptography and electronics. Dunno why you are seething this hard over the simple fact that paper (or metal or w/e) is more robust than NAND memory.

>> No.27149998

>>27147695
Asking the same question. I also would like to know if TrustWallet or Exodus are good.