After getting profit, do you start buying Trezor?

[Lucius]

I don't have a lot of crypto assets so trezor isn't some thing which I'd want to own. If I had big crypto assets I wouldn't use it because I can't be sure it hasn't been tampered in courier.

If everyone had such an opinion, then few would use a hardware wallet - probably only those who could buy it directly in the physical branch of the manufacturer.

Of course, there is always a risk that someone in the production and supply chain will do something wrong with the device, but the chances of that happening are very small. Unless someone is targeting someone in particular, they certainly won't waste their time and resources modifying a device that will then end up in the hands of someone who has a few hundred dollars worth of cryptocurrency.

Besides, the typical delivery person doesn't have the knowledge for such a thing, and the fact that most shipments today have a tracking number means you can know exactly where it is and how long it's been traveling. Systems that track shipments from start to finish are a factor that makes it almost impossible to manipulate them.

[arabspaceship123]

I'm sure if I was a whale I wouldn't use it. I'd be worried if the software's tampered I'll have restless nights. I wouldn't take the risk. It doesn't have to be tampered by couriers it's possible to do it inside warehouses or factories when it's made. I wouldn't use Trezor.

If everyone had such an opinion, then few would use a hardware wallet - probably only those who could buy it directly in the physical branch of the manufacturer.

Of course, there is always a risk that someone in the production and supply chain will do something wrong with the device, but the chances of that happening are very small. Unless someone is targeting someone in particular, they certainly won't waste their time and resources modifying a device that will then end up in the hands of someone who has a few hundred dollars worth of cryptocurrency.

Besides, the typical delivery person doesn't have the knowledge for such a thing, and the fact that most shipments today have a tracking number means you can know exactly where it is and how long it's been traveling. Systems that track shipments from start to finish are a factor that makes it almost impossible to manipulate them.

[Lucius]

I'm sure if I was a whale I wouldn't use it. I'd be worried if the software's tampered I'll have restless nights. I wouldn't take the risk. It doesn't have to be tampered by couriers it's possible to do it inside warehouses or factories when it's made. I wouldn't use Trezor.

Let's be clear, I also wouldn't use Trezor or any other similar hardware wallet to store any significant amount of BTC - only air-gapped devices that communicate with the UI exclusively via QR codes or SD cards come into consideration.

Still, the question arises whether you can trust any hardware today - if someone manages to hide explosives in thousands of pagers, then it's entirely possible that most of today's devices have some hidden components that spy on us.

If you were a crypto whale, where would you store your private keys?

[rdluffy]

Let's be clear, I also wouldn't use Trezor or any other similar hardware wallet to store any significant amount of BTC - only air-gapped devices that communicate with the UI exclusively via QR codes or SD cards come into consideration.

Still, the question arises whether you can trust any hardware today - if someone manages to hide explosives in thousands of pagers, then it's entirely possible that most of today's devices have some hidden components that spy on us.

If you were a crypto whale, where would you store your private keys?

Which hardwallets that have this features that you consider safe?

I don't have a lot of crypto assets so trezor isn't some thing which I'd want to own. If I had big crypto assets I wouldn't use it because I can't be sure it hasn't been tampered in courier.

I have a Ledger Nano S, there's a way for you to check the firmware with Ledger, and I even opened my device to check if it was OK
Almost impossible to buy a hardwallet without courier

[Lucius]

@rdluffy, if we talk about air-gapped wallets, the first thing that comes to mind is the Foundation Passport, which is one such device, although it should be noted that it is a device that supports only BTC. There is no absolute security, but if we compare this HW with any other, then the difference is clear - it is a device that cannot be physically or wirelessly connected to the internet, so the user is protected from all possible attacks that we know of today. For some, the use of such devices may be complicated at first, but actually you can learn how to use them very quickly.

~snip~
Almost impossible to buy a hardwallet without courier

It depends on where you live - I have the option to buy some directly in physical stores, but again you have to take into account that the same devices arrived at the physical store, maybe even by courier service.

[rdluffy]

@rdluffy, if we talk about air-gapped wallets, the first thing that comes to mind is the Foundation Passport, which is one such device, although it should be noted that it is a device that supports only BTC. There is no absolute security, but if we compare this HW with any other, then the difference is clear - it is a device that cannot be physically or wirelessly connected to the internet, so the user is protected from all possible attacks that we know of today. For some, the use of such devices may be complicated at first, but actually you can learn how to use them very quickly.

It's a nice wallet, I didn't know it
From what I saw on the website, it seems to be very robust and secure, it even looks like a mini cell phone
The cost of 199 dollars is not the cheapest, but for those who only need to operate with BTC and have a good amount, it looks like an excellent wallet
I'm in need of a second hardwallet, but I need it to be agile and support more coins to handle DeFi as well

It depends on where you live - I have the option to buy some directly in physical stores, but again you have to take into account that the same devices arrived at the physical store, maybe even by courier service.

There's no stores to buy here in Brazil, only online via resellers 

[Lucius]

@rdluffy, that's the price in the US, but here in the EU with all costs the price is over EUR 250, which is definitely not a small amount, but if you only have 0.5 BTC, that price won't stop you from buying such a device. I don't know what kind of hardware wallet you currently have, but most such devices have the ability to create additional accounts that can be protected with a passphrase, so you actually get a hidden account that generates a completely new set of coin addresses with the same seed+passphrase.

Here in the EU, you can find HW in some stores that sell computer equipment and the like, and also in physical crypto exchanges that exist in some countries.

[Z-tight]

Seeing the increase in the value of your assets, are you starting to think about having a hardware wallet?

I have been storing my coins in cold storage for a very long time now, even when it was not worth too much, so for people who still have a large amount of coins, but still using an online wallet, you don't know the kind of risk you are exposing yourself to. Anything online is prone to hacking and if you don't want to lose your funds, buy a hardware wallet or set up an airgapped wallet.

[Lucius]

~snip~
Anything online is prone to hacking and if you don't want to lose your funds, buy a hardware wallet or set up an airgapped wallet.

I agree with you, but things are not as simple as they seem - because it's not just a matter of someone buying HW, it's a matter of choosing a device that doesn't leave too many doubts about whether our funds on it are safe or not. Unfortunately, too many people are still looking for the easiest solutions, and today we know that some HW, in addition to having various vulnerabilities, even pose a danger to the private keys stored on them.

Besides, people are still the weakest link in the security chain - because if someone buys the best HW and stores their backup online or writes it down on paper and leaves it somewhere where someone can find it, then it's all for nothing, right?

[rdluffy]

@rdluffy, that's the price in the US, but here in the EU with all costs the price is over EUR 250, which is definitely not a small amount, but if you only have 0.5 BTC, that price won't stop you from buying such a device. I don't know what kind of hardware wallet you currently have, but most such devices have the ability to create additional accounts that can be protected with a passphrase, so you actually get a hidden account that generates a completely new set of coin addresses with the same seed+passphrase.

Here in the EU, you can find HW in some stores that sell computer equipment and the like, and also in physical crypto exchanges that exist in some countries.

Thanks for the info Lucius
Here in Brazil we don't have any physical stores that even have hardwallets
I only know of one website that officially sells hardwallets and according to them, they are the official reseller of Trezor, Ledger, Secu-X, yubico and Key-ID
https://kriptobr.com/


I think the “easiest” way would be to buy them from the United States and have them delivered here
I had seen a Safepal, but it's not open source, so I'm taking a look at the Trezor (out of stock for now).

[Lucius]

Thanks for the info Lucius

You're welcome, because if you ever come somewhere in the EU, it's good to know what options you have - of course, if in the meantime EU bureaucrats don't make some crazy decision that will ban such things.

Here in Brazil we don't have any physical stores that even have hardwallets
I only know of one website that officially sells hardwallets and according to them, they are the official reseller of Trezor, Ledger, Secu-X, yubico and Key-ID
https://kriptobr.com/

I find it a bit strange that such a large country doesn't have more options - it seems to me that this is an opportunity for everyone to try their hand at this business. I don't know if there are any legal obstacles, but there is obviously a lot of space for those who want to become official resellers.

I think the “easiest” way would be to buy them from the United States and have them delivered here
I had seen a Safepal, but it's not open source, so I'm taking a look at the Trezor (out of stock for now).

I don't know what the customs duties and all other costs are when importing goods from the US - because I don't remember the last time I ordered something from the US, although I used to do it regularly a long time ago.

[arabspaceship123]

Let's be clear, I also wouldn't use Trezor or any other similar hardware wallet to store any significant amount of BTC - only air-gapped devices that communicate with the UI exclusively via QR codes or SD cards come into consideration.

Still, the question arises whether you can trust any hardware today - if someone manages to hide explosives in thousands of pagers, then it's entirely possible that most of today's devices have some hidden components that spy on us.

Trusting a hardware device with crypto doesn't look like a good idea because they'll be plugged in some where & that's when they're vulnerable. I don't like them.

If you were a crypto whale, where would you store your private keys?

It's a question I'm trying to get my answer for but it's difficult.

[DYING_S0UL]

Here in Brazil we don't have any physical stores that even have hardwallets
I only know of one website that officially sells hardwallets and according to them, they are the official reseller of Trezor, Ledger, Secu-X, yubico and Key-ID
https://kriptobr.com/

I find it a bit strange that such a large country doesn't have more options - it seems to me that this is an opportunity for everyone to try their hand at this business. I don't know if there are any legal obstacles, but there is obviously a lot of space for those who want to become official resellers.

At least you got some options there.

Where I live, there is no way to get my hands on any kind of hardware wallet or at least I don't know of. It is not available in any physical store, nor I can order online, nor I can purchase one from abroad and have them deliver it here. Because crypto is banned in my place and even if I ordered one from abroad, I'm afraid, it might be seized in customs or there could be a chance that, govt authorities would be knocking on my door.

Btw, I'm from a little place called Bangladesh, in case somebody wondering!

[libert19]

Here in Brazil we don't have any physical stores that even have hardwallets
I only know of one website that officially sells hardwallets and according to them, they are the official reseller of Trezor, Ledger, Secu-X, yubico and Key-ID
https://kriptobr.com/

I would not believe their words but they are indeed listed in Trezor's list of official resellers: https://trezor.io/resellers — so assume they are legit, and tbh I don't think there should be any problem buying from official resellers.

Also, link redirects to Instagram, how does that work?

There is another reseller listed too: https://www.brazilelectronics.com/

[Lucius]

Trusting a hardware device with crypto doesn't look like a good idea because they'll be plugged in some where & that's when they're vulnerable. I don't like them.

That's why I'm mentioning air-gapped wallets, you don't have to plug them in anywhere, they work on batteries, and they communicate with the user interface via QR codes or SD cards. You can theoretically create such a wallet on any offline computer where you then create the wallet, and then create a watch-only copy of the wallet on an online computer.

If you were a crypto whale, where would you store your private keys?

It's a question I'm trying to get my answer for but it's difficult.

You don't have much choice about that, either an air-gapped wallet or a paper wallet, if they are made correctly both can be considered cold wallets. The only way someone can hack them is by physically accessing them.