Ok, I'm giving in. I'm buying into Crypto around November/December after I start a new position that finally pays real cash. At that point, a few whole BTC should be easy to pocket.
My question:
What wallet should I use.
>Software Wallet
I haven't built my new PC yet, but when I do a software wallet would go on that and not my current laptop.
>Hardware Wallet
Is Trezor still safe, I'm hearing and reading rumors to the contrary even though it sounds like a fantastic option.
Is NanoLedgerS any better than Trezor and why is KeepKey a joke?
>Paper Wallet
I have a feeling that there are would be "technically" millionaires from 2013 who are kicking themselves for taking this option.
What should I use, /biz/?. I'm hoping on before we get to 12k in 201*
>>3104325
Worry about your investments first.
Wallets are only useful if you intend on hodling for long periods of time or staking.
If you're going to trade, your coins are gonna be in an exchange most of the time.
>>3104364
I'm going to be a long term holder for BTC.
For trades, I'll use coinbase.
Sorry for the confusion.
>>3104385
If you're just gonna hold large amounts of BTC and not worry constantly about it, I'd advise investing on a quality cold storage like the ones you mentioned (ledger, trezor) and keeping it in a safe or somewhere you won't forget/risk it being stolen.
Maybe they're expensive now but as you said, it's better then risking paper wallets only to find out 10 years later it's rotten away in storage.
>>3104385
Do NOT use coinbase for "trading" or whatever you think you're going to do on there. They will fuck you royally if you try to trade for fiat and back to a coin to make a profit. They are not a platform for trading, they are hardly an exchange. Just so you know. Use Bittrex or something. You can send your bitcoins over from coinbase.