The odds of me losing my hardware wallet would be insane…
I constantly lose everything on a daily basis, things just disappear
🤷♂️🫠
50/50 on whether to get a cold storage or not
Discussion
Have your seed separated in separate places, and your coldcard near you.
The coldcard has many safeguards against a $5 🔧 attack.
💜🧡
Woah, just checked Coldcards price 🥲
Looks so nice though, definitely a goal to get one this year, might maybe get one for my birthday 💜
Ohh, that sounds good, makes me feel more okay with getting and having it 🫂💜
Thank you so much 🫶
real lmao
Dude, a CEX going bust with my funds on it is probably less likely, than me rugging myself by losing my cold storage 🫠🫠🫠 gotta love ADHD
Cold storage is must. I have kept my seed words in Android phone contacts. Not all words there. Two words , I have kept in my brain and a paper outside.
You ever lost your head before?
Ser, if you have your seed phrase backed up, it doesn't matter: you can restore everything with that. Inscribe it on a metal plate and hide it under the floorboards / in the garden or whatever - then you're always secure.
The “words” are the key, not the device. The device should be thought of as a signing device rather than the key. It signs transactions with your “words” and releases then to be broadcast to the network for verification. Backup “words” on metal for security
I’m trying to figure out how this works… could you potentially create a key phrase yourself, then add it to a cold storage medium (whether software or hardware), then transfer your Bitcoin to it? Would that be the safest way? And can you use that same phrase in multiple mediums/devices?
Its just a matter of personal responsibility. Once you become responsible for generational wealth, you will take whatever steps work for you to make sure it's safe and sound.
Everyone's cold storage setup is a bit different because every person is different.
Take some time. Think about how to protect it (including from yourself). Implement it. And practice.