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Poll

Are you using Hardware Wallets?

Yes, I use Hardware Wallet
7 (77.8%)
No, I don't use any Hardware Wallet
2 (22.2%)

Total Members Voted: 9

Author Topic: Are you using Hardware Wallets?  (Read 3794 times)

Offline dkbit98

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Are you using Hardware Wallets?
« on: March 08, 2024, 09:21:27 PM »
Hardware wallets are much safer option for holding your cryptocurrencies, and there are many options to choose but they are not perfect.

If you are using hardware wallet please tell us the model you have.

If you don't use any hardware wallet can you please state your reasons why.
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Are you using Hardware Wallets?
« on: March 08, 2024, 09:21:27 PM »

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Re: Are you using Hardware Wallets?
« Reply #1 on: March 08, 2024, 10:03:47 PM »
The only hardware wallet I have is my SSD(includes multiple altcoin wallets) and Flash drive(For BTC wallet) with tails OS which is I think better than the hardware wallets like Ledger or Trezor they have both had some issues before.
That is why I decided to keep my wallet under my own protection instead of relying on any hardware wallet because for me I believe there is no foolproof method for protecting wallets against malware/phishing attacks and I believe I can protect my wallet from any of these by using the wallet in offline environment. The only downside not all crypto are supported.
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Re: Are you using Hardware Wallets?
« Reply #2 on: March 08, 2024, 10:37:28 PM »
I used a Ledger Nano S during years, and after the recent events I've decided to take an open-source alternative. I have a Trezor, for my stablecoins and altcoins in general (I don't hold much so the lack of coins available in Trezor Suite is not an issue for me).
I use Electrum on a air-gapped computer for my BTC :  I removed the NIC card of the computer, and the OS is Debian (encrypted). I guess I should be ok and protected from many potential issues (I hope so at least).

I am actually doing a pitrezor, but it is for fun only, I won't use it with my funds.
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Re: Are you using Hardware Wallets?
« Reply #3 on: March 08, 2024, 11:40:27 PM »
I have the ledger nano s, the very first version of them, i just replaced the screen since it doesn't show the digits/characters in it anymore because the device's age.
I did have the X version too but never used it and just sold it here in my local marketplace.
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Re: Are you using Hardware Wallets?
« Reply #4 on: March 09, 2024, 03:35:20 AM »
I bought a few wallets to try them out, but I still prefer to keep most of what I have using the airgapped system and use hardware wallets when I want to move from one place to another and want to trade.

Current hardware wallets are now offering features that were not previously available, some of them have become airgapped, and with the increased competition among them, I believe that we will witness better development in the coming years instead of the Ledger Trezor option, which has been going on for years.

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Re: Are you using Hardware Wallets?
« Reply #5 on: March 11, 2024, 06:08:09 PM »
I see several people saying they are using air-gapped computer system instead of hardware wallet, but I think this is not the best option for most people.
It is easy to make mistakes with offline computer, with operating system, connection with other devices, and with many other things.
Another negative side is that you cant exactly easily make this system portable and usable in the same time.
I am not telling everyone to buy hardware wallets, but there are plenty of small portable DIY devices (raspberry pi zero, maix amigo, M5StickV, etc) that are much than laptops.
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Re: Are you using Hardware Wallets?
« Reply #6 on: March 12, 2024, 08:54:46 AM »
I have the ledger nano s, the very first version of them, i just replaced the screen since it doesn't show the digits/characters in it anymore because the device's age.
I did have the X version too but never used it and just sold it here in my local marketplace.
It seems like the Nano S screen problem is quite common. I also had this problem a few months ago, and after that, I no longer use my Nano S, not only because of the problematic screen but also because of how Ledger has become recently. I also run an air-gapped device for cold storage but have a live USB for flexibility. They are cheap in my area, which is why I can make multiple backups with them. I'm considering purchasing Trezor or building my own device but still don't have the time to do that.

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Re: Are you using Hardware Wallets?
« Reply #6 on: March 12, 2024, 08:54:46 AM »


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Re: Are you using Hardware Wallets?
« Reply #7 on: March 12, 2024, 10:41:50 AM »
Hardware wallets are much safer option for holding your cryptocurrencies, and there are many options to choose but they are not perfect.

If you are using hardware wallet please tell us the model you have.

If you don't use any hardware wallet can you please state your reasons why.

And what about you OP? :)

Which one do you use (if you use any hardware wallet of course)?
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Offline dkbit98

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Re: Are you using Hardware Wallets?
« Reply #8 on: March 12, 2024, 08:33:08 PM »
It seems like the Nano S screen problem is quite common. I also had this problem a few months ago, and after that, I no longer use my Nano S, not only because of the problematic screen but also because of how Ledger has become recently. I also run an air-gapped device for cold storage but have a live USB for flexibility. They are cheap in my area, which is why I can make multiple backups with them. I'm considering purchasing Trezor or building my own device but still don't have the time to do that.
You can easily purchase and replace screen for old nano s devices.
There are plenty of instructions posted online and we wrote about that on bitcointalk forum:
https://bitcointalk.org/index.php?topic=5406622.0

I would not suggest ledger wallets to anyone because they are closed source, and have history of problems, leaks and discontinued devices.
However, they are still slightly better than most hot wallets.

Which one do you use (if you use any hardware wallet of course)?
I tested and used a bunch of them and I prefer to use DIY signing devices like Seedsigner and Krux.
They can be assembled or purchased easily and they are not directly associated with bitcoin.
Trezor and Passport are also a good choice.
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Re: Are you using Hardware Wallets?
« Reply #9 on: March 13, 2024, 08:34:12 AM »
I have the ledger nano s, the very first version of them, i just replaced the screen since it doesn't show the digits/characters in it anymore because the device's age.
I did have the X version too but never used it and just sold it here in my local marketplace.
Have you had it repaired? Or did you send the device back to them? I have read many times that there are problems with this cold wallet, such as: "Screen freezes/does not display seed phrase/does not charge the device, etc." Honestly? After texts like this, the credibility of this campaign drops. How do they sell such expensive wallets if users are facing such рroblems. I personally would refuse to pay $150-300 dollars for a device that will have constant problems with while using it.

P.S. If there have been any other problems, please share them. I personally would be very interested to hear about other users' experiences. It's important.  ::)
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Offline PX-Z

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Re: Are you using Hardware Wallets?
« Reply #10 on: March 13, 2024, 05:29:31 PM »
Have you had it repaired? Or did you send the device back to them? I have read many times that there are problems with this cold wallet, such as: "Screen freezes/does not display seed phrase/does not charge the device, etc." Honestly? After texts like this, the credibility of this campaign drops.
Yes, i have fixed it, i got the screen from overseas. I didn't try to return them because it will take long time for the shipping sending and returning back to me. My issue is the device not showing properly its text like the image below it's from reddit.

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Offline benalexis12

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Re: Are you using Hardware Wallets?
« Reply #11 on: March 13, 2024, 09:25:32 PM »
Hardware wallets are much safer option for holding your cryptocurrencies, and there are many options to choose but they are not perfect.

If you are using hardware wallet please tell us the model you have.

If you don't use any hardware wallet can you please state your reasons why.

Honestly speaking, in my few years in the cryptocurrency business industry, I haven't bought anything because I haven't prioritized it yet. The only ones I can use right now are Metamask, Electrum, Klver, Sometimes Trustwallet, and Mycelium, and a USB flash drive where the private key and seed phrases are saved in three flash drives.

But when I get a lot of money, I will also buy hardware because, of course, it's still nice to have an HD wallet, to be honest.

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Re: Are you using Hardware Wallets?
« Reply #12 on: March 14, 2024, 03:23:41 PM »
If you don't use any hardware wallet can you please state your reasons why.

For now am not using any hardware wallet and this is not because i cant afford to buy one, but i see no need for securing one yet when am perfectly good with the use of electrum wallet, cold storage is as good as having a perfect maintenance on the uses, we must not be able to afford handling it in such a way that can cause damage on the device.

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Re: Are you using Hardware Wallets?
« Reply #13 on: March 14, 2024, 10:02:13 PM »
For now am not using any hardware wallet and this is not because i cant afford to buy one, but i see no need for securing one yet when am perfectly good with the use of electrum wallet, cold storage is as good as having a perfect maintenance on the uses, we must not be able to afford handling it in such a way that can cause damage on the device.
I literally posted that you can get a FREE Safepal hardware wallet a while ago, so excuses like ''I don't have money'' or ''I can't afford it'' are silly.
https://www.altcoinstalks.com/index.php?topic=316264

I am 100% sure that most of the people saying they are using electrum cold wallets are doing it wrong and it's not really a cold wallet.
But hey do whatever you want.
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Offline Yamane_Keto

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Re: Are you using Hardware Wallets?
« Reply #14 on: March 17, 2024, 02:10:23 AM »
Hardware wallets allow you to accept more cryptocurrencies, while the airgapped system is easier for those who want to keep Bitcoin, and it is difficult to allocate software for most altcoins, so if you want to hodle altcoin, purchasing hardware wallets is better than the airgapped system.

Honestly speaking, in my few years in the cryptocurrency business industry, I haven't bought anything because I haven't prioritized it yet. The only ones I can use right now are Metamask, Electrum, Klver, Sometimes Trustwallet, and Mycelium, and a USB flash drive where the private key and seed phrases are saved in three flash drives.


Storing the private key digitally and using closed source wallets are bad options for anyone who wants to hold cryptocurrencies for the long term.

 

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