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u/dntgochasingwaterfal 19 hours ago

Which wallet now?

So after all these wallet problems, which one is still a good choice? Or what's the safest way to hodl?
20 comments held Reddit says 0 on reddit ↗
  1. u/FriendlyCandle7971 1 19 hours ago
    I think I don’t have good News for average investors. You can do everything correct, but there is quite a likelihood that your funds can get drained. Multi sig is just to cumbersome for the average Person. For 99% of people ETFs are the better choice imho.
  2. u/lobhater 1 19 hours ago
    FUD like this is absurd ETFs are for people who don't have the time or the ability to self custody. It's not hard The chances of your hardware wallet being drained are minute if done correctly. Buy directly from the manufacturer, roll your own dice and your 99.999% secure.
  3. u/FriendlyCandle7971 1 19 hours ago
    Tell that again to the users of Coldcard, Ledger, Trezor, and SafePal who followed this advice and still lost their life funds.
  4. u/lobhater 1 18 hours ago
    I can tell you have no idea what you're talking about and have only read the headline. No one from trezor has lost their funds. Their email address and such were leaked but no funds 🙄 If the coldcard and ledger users would have only ordered from the manufacturer and rolled dice they wouldn't have lost their funds either 🤡
  5. u/[deleted] 1 19 hours ago

    [removed] — already gone when the archive first saw it

  6. u/[deleted] 1 19 hours ago

    [removed] — already gone when the archive first saw it

  7. u/Lavayo 1 19 hours ago
    Til now no wallet was drained which 1. Was not tempered beforehand (recent ledger) 2. Had an insufficient key (coldcard), which while the device generated the key, the device itself was and is still secure. IMO a device from a "trusted" (no new startup) company with a seed that you created in your own home (dice) with a passphrase is as secure as it will get. Also you might use several wallets and devices so you don't have a single point of failure. I use trezor and bit box.
  8. u/[deleted] 1 19 hours ago

    [removed] — already gone when the archive first saw it

  9. u/PINEAPPLEFRYZE99 1 19 hours ago
    Bitcoin ETF. Everything else is just stupid.
  10. u/quintavious_danilo 1 19 hours ago
    Bitbox02 is the last one standing.
  11. u/fins831 1 19 hours ago
    I’m looking at this or seedsigner and building myself own pill. I’d prefer to use bitbox but now I’m questioning all supply chains even though I know it’s irrational. Returned my ledger yesterday was final day of return window.
  12. u/quintavious_danilo 1 19 hours ago
    I’m in Europe so picking Bitbox from Switzerland was a given for me. If I were American I would have picked a Ledger or worse, a cold card, obviously. You’ll never know where an attack can possibly happen but I trust in Swiss engineering and their controlling mechanisms.
  13. u/supercreatives 1 19 hours ago
    Don't listen to anyone saying buy ETF or keep your coins on an exchange. Government shills. Self custody is best, Trezor is fine, even a hot wallet on your laptop is fine as long as you practice reasonable OPSEC.
  14. u/Left_Entrepreneur918 1 18 hours ago
    I think what we are all find is that single point of failure is becoming a problem. You got to trust someone in this process.
  15. u/theoretical_hipster 1 19 hours ago
    Seedsigner with Sparrow.
  16. u/KyleBr7 1 18 hours ago
    Let us artificially reduce the price through all this FUD so that we can continue accumulating sats for cheaper
  17. u/JGdc12 1 18 hours ago
    Trezor! Buy directly from their website not a third party. Great team, long history, and entirely open source, that’s the key part - Ledger and cold card were not.
  18. u/Dazzling_Marzipan474 1 18 hours ago
    It's very simple. Just split it across every known wallet and legit exchange. So you spend countless hours and money securing your 0.04 Bitcoin. It's becoming more and more of a hassle and as the price increases that invites more bad actors. It's a fucked up double edged sword.
  19. u/Hot-Presentation-663 1 18 hours ago
    Sausage wallet or etf
  20. u/phillippsecret 1 18 hours ago
    I think ledger is good it has worked for few people I know