It’s a coffee and crypto kind of morning. Moved around a little BTC and then got ...
... it on my Ledger Nano. You guys... security is SO important! If you own crypto, you need a hardware wallet to make sure your funds are secure. Don’t just let it sit on an exchange. What if that exchange suddenly shut down and you lost your money? Getting a hardware wallet for the first time can be intimidating (I know I was)... but I’ve found Ledger to be intuitive and easy to use. Well maybe I had to YouTube a few things - but for someone that’s pretty non-techy like me - it was really pretty painless and now I can sleep a little better at night knowing all my funds are safe.
Here’s my ledger referral link:
https://www.ledger.com/?r=2135c63712ca
I started using a Nano the other day, after I had it sitting there unopened for months. I figure it is time to start thinking about future security.
When Nanos were hot back in the spring of 2017, I ordered a box of them and sold them for cash and on eBay for a nice payday. It was so new then that they were going for $400-$500 at the peak since they came in from France and were back-ordered. Sadly, Ledger's courier messed up my shipment and I lost a full month waiting for redelivery. The prices fell quite a bit, but it was still a strong profit and good experience. I also got to meet some crypto guys in person and learn about their experience/a key exchange I wasn't aware of while I was fumbling around my state's legislation for access to alt coins.
Do you use the Ledger Live app?
Nice!! Yeah I’ve had mine for over a year and have been happy with it. Even though I know better though, I left some BTC on an exchange for way too long. Haha Finally got around to actually putting it in my wallet this morning. 🙈
Having read about Quadriga, which acts as a warning, this is sound advise- thanks for the information Lea.....
Posted using Partiko iOS
What would be the main benefit to have a hard wallet?
If you just leave your money sitting on an exchange - then you are trusting that company to keep it safe for you. If they suddenly shut down or had their accounts frozen - there would be nothing you could do. Having a hardware wallet basically puts the power in your hands to make sure your funds are safe and always accessible.
I was expecting a pic of the ledger
😄
Look closer!
Ha!! I was expecting more of a close-up..
Such an important reminder!
Cold storage on a piece of hardware is a great method of ensuring security- just don't lose the passwords!
Cute ;)
Sorry to hijack your post with a random question @coruscate, but is the Steem Monster Shop offline?
Im always in for Coffee and crypto in the morning, Plus Steem Monsters, Lol!
Cool, an exyle-style coffee mug picture ^^
I am going to get one and will use your referral. Thank you. Also, Appics wont let me copy it. Weird...just gunna shuffle over to steemit.