After getting profit, do you start buying Trezor?

[Forsyth Jones]

I have a Trezor/Ledger since 2019 and a bitbox02 since 2020. I haven't bought more because it's already good, although I really want to get a Coldcard Q due to its advanced features.

The best thing a person can do, even before making any profit, is to think about the security and self-custody of their coins, so it's wise to invest in security like making a DIY air-gapped cold storage or buying a ready-made solution like a Trezor, Bitbox and/or Coldcard. Preferably air-gapped hardware wallets.

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

Airgapped for sure! Now there are many options like Krux, coldcard q, passport or an offline computer.

[Outhue]

This year's bull run certainly gives you a significant advantage if you've been holding since a year or two ago, and I'm sure some people don't have Trezor or hardware wallets yet...

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

Trezor recorded an increase in sales when Bitcoin was about to reach 100k, and I'm sure everyone who started to have a lot of assets in cryptocurrency because of this increase in price will start to consider the security of their assets... Are you one of the hardware wallet buyers because of the increase in the value of your assets?

https://decrypt.co/294087/trezor-sees-record-sales-week-as-bitcoin-approaches-100k

It doesn't have to be trezor though, there are many other options available that are even better than trezor, for example I am using Keystone and it is more secured than Trezor, it has extra security capabilities that Trezor doesn't have.

I decide to purchase one because I felt that my assets are growing, when I managed to invest up to $2000 I started to become worried so I ordered for a Keystone hardware hardware wallet.

Once your crypto asset is reaching $1000 you should be preparing to order for a hardware wallet

[Kemarit]

I have a Trezor/Ledger since 2019 and a bitbox02 since 2020. I haven't bought more because it's already good, although I really want to get a Coldcard Q due to its advanced features.

The best thing a person can do, even before making any profit, is to think about the security and self-custody of their coins,
[..snip..]

I think it will be better in the beginning that we should understand security and safety hygiene before moving forward with our crypto investments. And yes, hardware wallet is the best of them and I will urge everyone to really buy and used them.

Of course air-gapped is also a good thing, but it might be complicated for non-technical crypto investors. That's why the best way to move forward is to used hardware wallet.

[Forsyth Jones]

-

Among the technical factors involving hardware wallets, this varies from person to person and according to vary preferences. Some technically knowledgeable individuals believe non-airgapped USB-connected hardware wallets offer sufficient security, thinking that a non-air-gapped devices with only a USB connection will not make any difference, while others only feel comfortable using airgapped devices like coldcard or passport.

If a beginner has good sources of learning and someone they trust about self-custody, they will prefer to use an air-gapped wallet or an offline computer to load TaisOS and use offline electrum to sign PSBT transactions.

While I don't judge individual choices, my personal approach increasingly favors airgapped methods.

But hey... a well-configured Trezor, with the backup wallet (seed phrase) noted offline, with a secure PIN and passphrase enabled is also not bad thing.

[Fivestar4everMVP]

This year's bull run certainly gives you a significant advantage if you've been holding since a year or two ago, and I'm sure some people don't have Trezor or hardware wallets yet...

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

Trezor recorded an increase in sales when Bitcoin was about to reach 100k, and I'm sure everyone who started to have a lot of assets in cryptocurrency because of this increase in price will start to consider the security of their assets... Are you one of the hardware wallet buyers because of the increase in the value of your assets?

I had plans of getting a hardware wallet for myself, and I was actually looking to buy one of the trezor models but unfortunately, I changed my mind concerning it, and this is because things didn't turn out the way I thought It would, during the bull run, or bitcoin bull run rather, I didn't hold much of bitcoin but was heavily invested in Altcoins (most of which I've sold off in losses already) because I believe an altseason would come and this would make me much more profit than bitcoin would. But then, we've all seen how the bull season played out.

I had to cancel alot of things I initially planned of doing and buying a hardware wallet was one of them, because it makes no sense spending money to buy a wallet when I don't even have money to store in the same wallet 😁

[BlockSpin]

If i had a lot of crypto assets i would definitely use something like Trezor

[Forsyth Jones]

This year's bull run certainly gives you a significant advantage if you've been holding since a year or two ago, and I'm sure some people don't have Trezor or hardware wallets yet...

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

Trezor recorded an increase in sales when Bitcoin was about to reach 100k, and I'm sure everyone who started to have a lot of assets in cryptocurrency because of this increase in price will start to consider the security of their assets... Are you one of the hardware wallet buyers because of the increase in the value of your assets?

I had plans of getting a hardware wallet for myself, and I was actually looking to buy one of the trezor models but unfortunately, I changed my mind concerning it, and this is because things didn't turn out the way I thought It would, during the bull run, or bitcoin bull run rather, I didn't hold much of bitcoin but was heavily invested in Altcoins (most of which I've sold off in losses already) because I believe an altseason would come and this would make me much more profit than bitcoin would. But then, we've all seen how the bull season played out.

I had to cancel alot of things I initially planned of doing and buying a hardware wallet was one of them, because it makes no sense spending money to buy a wallet when I don't even have money to store in the same wallet 😁

Investing in altcoins or memecoins is a complicated thing, as it requires a lot of time and study. I think it's easier to buy a course or accessories to help you better select these investments. I'm also thinking about profiting from altcoins to increase my amount of satoshis, but it requires a lot of work. Coins like ETH, LTC, and SOL, which have been around for a while, are safer and will almost certainly appreciate in value alongside Bitcoin.

I hope you recover a good part of your funds during this cycle and buy your much-desired hardware wallet. I would recommend Trezor, Bitbox02, Coldcard, or Passport. Good luck.