RE: 4 Worst Methods to Store Cryptocurrency

[chuckypita]

I like this comment - we're looking for solutions. Part of the cryptocurrency component that people like is the accessibility - not sure about how we can access easily without our phones?

Comments

[profitgenerator]

Well accesibility is a 2 sided sword, the more easily you can access your money, the same way a thief can also.

I think people should separate their wealth into 2 , possibly 3 caterogories:

• Longterm storage , where they keep most of their money (high security, like airgap)
• Investments, where they keep a sizeable amount invested (medium security like a good online computer)
• Spending, where they keep small amount for day to day spending (low security like phones, debit cards ,etc..)

[chuckypita]

I agree with that. Especially the long term storage - I wouldn't be upset if I lost $100 compared to having $100,000 drained - so that's a great point. It's amazing to see the growth in the crypto field - and with that growth there's always wolves lurking. :)

[profitgenerator]

Yes I mean having 50-300$ in a mobile wallet is no big deal, so if you go into a grocery shop you could probably use that to buy food and other stuff easily.

But storing all your wealth there is madness.

[chuckypita]