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RE: What are your tools of the trade?

in LeoFinance4 years ago

But, with my wife only a crypto enthusiast as far as she hopes what I hold will go to the moon so we can pay off debts, I am going to have to delegate future management to my brother, in the case of my untimely (potentially timely) demise. This won't be easy with it spread all over the internet, hence the coming stocktake.

It's good to have someone like that to manage things for you if you are incapacitated or dead.

What cryptos do you hold and actually use?

Tokens on Hive, obviously.

What is your favourite crypto tracking tool?

I prefer to keep so simple that I there isn't much tracking to do. By minimizing cognitive load you minimize your potential for fuckups.

Do you use a Ledger, Trezor or a software wallet?

Confidential. But I have tried Ledger Nano and was mighty underwhelmed. The instability of the firmware convinced me not to store any funds on that device.

Have you ever found "surprise crypto" you forgot you had?

No. But I did have a Bitcoin paper wallet many, many years ago I thought was illegible and beyond rescue because it was crumpled but the mobile wallet in my old mobile phone was able to read the QR code after all.

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Tokens on Hive, obviously.

I have never used a paper wallet. I am not sure if it is safer or riskier for me.
Pretty much all anyone seems to say :D

It was the early days and I had a bit of BTC in a web wallet. I decided to make a paper wallet as a backup, which I'm glad I did because I later lost the password to the web wallet. I just scanned the QR code and transferred the coins to safety. :)

A paper wallet is not the best of ideas if it's not password protected.