Crypto question: Should I get a hardware wallet?

[Ziki]

There are questions about crypto that I get asked about the most often

 

[Ralphjoe]

I don't really know how hardware wallets operates and how secured it is. Though I heard that it's more secured than the online cryptocurrencies wallet because it isn't connected online where hackers can target it. Well in all my years of using Luno wallet, I haven't had any issues with it so if you have issues with your online wallets then you can get your wallet hardware.

 

[Alexandoy]

I have created my digital wallet yesterday for purposes of the Bitcoin. My wallet is multi-transaction that it accepts cash aside from crypto currency. To be frank, I still have to use my wallet because right now I have not been earning Bitcoin yet and my usual payout are in dollars (sometimes converted to our currency already). But one user in this forum recommended that digital wallet and I trust him so I guess my wallet is legit.

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[Kelly5]

There are questions about crypto that I get asked about the most often

If you feel you are afraid of keeping your cryptocurrencies in your current online wallet, then by all.means get a hard wallet and keep it there. A hard wallet is about one of the safest way you can keep your cryptocurrencies safe.

 

[mcjerry]

I wouldn't advise you go for hardware wallet. There are many case that people crying out that they lost there coin due to the system they have there wallet crashed and don't have the back up file. And bitcoin can not be traced. I prefer to use paper wallet to any other wallet

 

[Axad. Mrb]

Hardware wallets are a good choice if you’re serious about security and convenient, reliable Bitcoin & crypto storage.
Hardware wallets keep private keys separate from vulnerable, internet-connected devices.

 

[Justin]

I have heard of hardware wallet, however, my question is what if your hardware wallet malfunctions. Will your all crypto assets will be lost? or is there a way to recover.

 

[Victor001]

I thought you would have brief us a little on what hardware wallet is, I am only conversant with digital wallet,so far so good I haven't had any issues.

 

[Good-Person]

You should hold a hardware wallet if you have a really, really big amount of cryptocurrencies. Hardware wallets are a kind of most secure wallet where you can store your funds and they differ from software wallets. But some people still claim that hardware wallets are not safe. I personally believe that the only way to secure your money is to bury it somewhere, as hackers are everywhere.

 

[Dowenship]

There are questions about crypto that I get asked about the most often

If you are having the mindset of investing the crypto you have without tempting or planning to sell sooner then hardware wallet is preferable.

 

[Josephjossy]

I don't really know what you mean by hardware wallet I haven't seen it before and I don't know how it works the best wallet to use he's a good crypto wallet you can use atomic wallet or trust wallet they are all good and easy to make transaction and I don't really know what you mean by hardware wallet

 

[eLdavis]

Though am sure you have your reasons for wanting to go for a hard wallet, but I believe online wallets are Abit safer. But then again I have never used hardware wallets so I wouldn't know.

 

[Grandeur]

I'm not sure what hardware you mean, token wallet or mining wallet but still you do not need to open many wallets when all your transactions can be done in the main wallet you open an account to deposit in

 

[Suba]

There are questions about crypto that I get asked about the most often

Should I get a hardware wallet?
You have to answer your own question, if you have crypto worth more than $700 you should use a hardware wallet. Because until now hardware wallets are still considered the safest place to store crypto. Hardware wallets can also store many cryptocurrencies.

 

[mcjerry]

Hardware wallets are a good choice if you’re serious about security and convenient, reliable Bitcoin & crypto storage.
Hardware wallets keep private keys separate from vulnerable, internet-connected devices.

It is true that hardware wallet is very secure but I will tell you that hardware wallet is not the best and the safest wallet to store our crypto currency.
The reason is because the hardware might get damaged or even get stolen or lost by mistake. Either ways this will make you loose your coin. But paper wallet will never get damaged. Only for you to save it separate ways

 

[Yusuf]

I dont think it's really important to get a hardware wallet for crypto currency exchange Business. The best you can do for yourself is just to be copying the address whenever you need it for transaction

 

[tyrim88]

The issue of saving your wallet is solely dependent on you and the choice you are willing to take.Online wallet are secured as well as saving your cryptocurrency in your hardware.But i as an investor i do save mine online.

 

[Good-Person]

The issue of saving your wallet is solely dependent on you and the choice you are willing to take.Online wallet are secured as well as saving your cryptocurrency in your hardware.But i as an investor i do save mine online.

You can get a hardware wallet but it is just too expensive. If you have a really good amount of crypto, then you must consider getting a crypto wallet because it is generally considered safer than software wallets and web wallets.

 

[Bookwormlux]

There are questions about crypto that I get asked about the most often

It is not really necessary to have a hardware wallet as software wallets online are more preferable, except you are thinking of long term investment.

 

[Abigael]

I have read about hardware wallets before but I don't quite understand how they actually work. I don't know if it is better security than software wallets. If it is, then it can be best used by those holding high amounts of cryptocurrencies.