Daily Reminder

I store it in my refrigerator. Best security

>>2374236
And what if pic related happens to your hard wallet?

>>2374264

it becomes a soft wallet.

>>2374264
store your hard wallet in a safe.

>he wasnt using 2FA

>>2374260
I store mine in my freezer

>>2374236
how much did you lose?

>>2374398
Kek

>>2374236

malware can get your shit before you're able to put it in cold storage

How about getting a computer that doesn't have malware?

Chromebooks don't have malware.
They're the safest cheapest laptops to use.
You just have to make sure you don't fall for a phising attempt

>>2374264
>Thinks the coins are actually stored in the wallet.

>>2374236
>I have decompiled the malware that pwned my system
Why would you lie on the internet to pass good advice?

>>2374498
Help me out, please. What's the point of a hard wallet if you don't store the coins in them?

>>2374427
2.7 BTC

>>2374549
The coins are stored on the block chain.

Hardware wallets generate an industry standard code, BIP 39. It's a 12 or 24 word seed such as:

>moon unveil report amused debate enter exclude audit tattoo knock address fury

BIP 44 protocol takes the BIP 39 seed and deterministically derives public and private addresses from it.

https://iancoleman.github.io/bip39/

If you type my example 12 word key in to there it'll always generate the address 1A7nMaKJtQYXN8wi158M6uHgkhRT1ERpMJ as the root address #0, and 116o933YZFJJXqTLscJn3kKEYJHD4ea6x as #1, and so on.

All your hardware wallet does is remember your seed and sign transactions using the private keys derived from it. The computer you connect it to never sees your private key, only the signed transaction message so it's the only way to spend coins in cold storage. No virus, keylogger, or malware can steal from it. As long as you wrote down your BIP 39 seed or have it memorized, you'll never lose your private addresses no matter what happens to the device.

>>2374860
So is there really any point to a hardware wallet if you can just make a paper wallet?

wouldnt 2FA antagonize keylogging attacks?

>>2375097
Yeah the weak link in the chain with paper wallets is that you have to sweep your funds into a potentially compromised computer / smartphone / online wallet in order to spend from them which makes them as vulnerable as a hot wallet. With hardware wallets you can spend from them while the private keys are always cold / never exposed to an internet connected device.