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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Replies (18)
Choose a Bitcoin only, open source!
My first piece of advice would have been to avoid Ledger.
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 ✌
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
No! It’s part of the learning process! 💜
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. 🌲
🦾💜
go you 💪 💪
GOOD MORNING ⚡☕🧡
STACK SATS AND STAY HUMBLE
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 🐇