GM!

I’m leveling up my #bitcoin game and got myself my first hardware wallet.

What’s some pitfalls and cautions to consider?

I know this community are the right people to ask.

I bought it directly from the manufacturer which seems to be rule nr. 1 for hardware wallets.

#bitcoin #coffeechain #plebchain #ledger https://video.nostr.build/ce9808c9f74df1b1c7dfd95826dd38cac103c5096c977f51001231dc29610b73.mp4

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Discussion

Choose a Bitcoin only, open source!

You say that I have failed already?

Where do I find bitcoin only, open source wallets?

Blockstream Jade, Coldcard

brah if youre moving coins off an exchange that's a win learning to be more sovereign is an ongoing process and takes time ✌

I’m expecting to make mistakes. That’s a part of this learning process.

I don’t have my satoshis on an exchange, but in a hot self custody wallet.

It’s Time for me to move some of it to cold storage.

Thanks for cheering me on. I’m exploring the unknown. 🌲

🦾💜

No! It’s part of the learning process! 💜

My first piece of advice would have been to avoid Ledger.

Thanks! Last time I asked I was recommended a Ledger. I expected to not to “get it right” the first time as there is a learning curve to everything Bitcoin.

What’s the main reason you don’t recommend Ledger?

Attack surface due to shitcoin support

I also started with a Ledger and still use it

However, a hardware wallet with open-source code is ideal for storing large amounts

something to look into

Thank you! I’ll keep that in mind as my stack grows.

I really appreciate all of your support. With a community like this, bitcoin can’t fail.

Is good to diversify across a couple of wallets anyways

and I agree

#Bitcoin is undeniably winning

Hey so you got any tips? Just ordered one

Not yet! I started to look into setting it up, but was interrupted by the kids and never got back to it.

Only thing I know is that you need to buy it directly from the manufacturer to minimize the chance of getting a device that’s been tampered with

I actually went with a ColdCard Went too far down the rabbit hole 🐇