Crypto question: Should I get a hardware wallet?

[harrypaul]

I don't have any knowledge of hardware wallet or how it operates but I will still advise you keep to the software wallet which is more secured and user friendly

 

[Kaffyfolla]

This forum is not only to earn but it is also an educative forum whereby you could Learn many thing, pls what are the difference between hardware wallet and software wallet

 

[ahmedo24]

I don't have any knowledge of hardware wallet or how it operates but I will still advise you keep to the software wallet which is more secured and user friendly

hardware wallet are just like flash drives in which you can easily connects to your computer to access your coins and they are mostly very secure and don't need internet connectivity.

 

[Bousine123]

I think it would depend on how long you intend to store the cryto and how much cryto you want to store. For me I like using third party sites to store mine. Like binance.

 

[Nomad]

If you are trying to hold your crypto currency for a long term let say 5-10 years, you should definitely get a hardware wallet as hardware wallet is the most secured form of wallet.

 

[Elfinito]

Getting a hardware wallet is cool but you have to understand that there are disadvantages associated with it.
What if you misplace it?
You could easily retrieve logins of your software wallet but I don't think it is the same for hardware wallet

 

[Sotherefore]

If you are trying to hold your crypto currency for a long term let say 5-10 years, you should definitely get a hardware wallet as hardware wallet is the most secured form of wallet.

I think this type of cryptocurrency wallet can only be needed if you have invested thousands or millions of dollars in cryptocurrency because you could not afford to lose this because of the high rate of cryptocurrency wallet hacking.

 

[Victoritid]

A hardware wallet is good but it has some disadvantages because if it is lost you may not be able to get back the coins.
But it is good because you can login to your wallet at any given place

 

[Trexxxy]

What exactly is a hardware wallet and does it work exactly. I don't see what the wallet will provide that will be better than the usual digital wallets we have.

 

[tyrim88]

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

Getting a hardware wallet is very save and good,because this is a market where serious transaction are done online,and any mistake done your whole moey would be lost.

 

[07Trinity]

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

It's good to have idea about the kind of wallet and what purpose do you need it for,hard wallet still offers the same benefits as exchanger wallet so I really don't see the need.

 

[tyrim88]

When it comes to the issue that bothers on cryptocurency,it is always good to be very catious where we keep our money.Most persons when the money becomes very huge,they decide to save it in a hardware wallet,and that is the best thing to do.

 

[Sotherefore]

Hot wallet might really be expensive but that really give your cryptocurrency hundred percent maximum protection since you can store it offline without the need of internet connection, but for convenient purpose there are some cryptocurrency wallet online that can give you maximum protection if you are ready to follow the rules and regulation.

 

[Thinker009]

Most especially when you have a lot of Bitcoin and you want to save them ,you could get an hardware wallet ,since you don't want to invest online so that scam exchange platform won't steal your funds

 

[greenie]

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.

 

[Sotherefore]

I won't really be interested to get a hard wallet for myself now. Cold wallet is good if you enable all the security feature in your wallet , I would suggest that people should rather use trust wallet when they are considering investing in cryptocurrency for long-term purposes... This are not easily hacked by scammers

 

[HayKay]

Well it's dependent on you anyways but I don't think it'll be necessary because of the safety, security and ease of operation of the online wallets affords.
Owning a hardware wallet might cost more than it'll seem.

 

[Ononivami]

Honestly, I prefer the hardware wallet necit is safe when compared to the online wallet but I have a question- how could one recover your cryptocurrency assets if the hardware wallet damage ?

 

[Sincerem]

The two are both intended to used as a medium for keeping or storing your crypto currencies and which ever you might choose to operate with depending on your needs will still suffice.

 

[Bookwormlux]

The amount of money that you are making from your cryptocurrencies trading is what would determine whether you should use a hard ware wallet or you should not use it .