You are viewing a single comment's thread from:

RE: 10/18/24

in #neoxian4 months ago

Well dang you absolutely make some awesome points! Can't find a single thing you said that I disagree with. It's a shame I guess. Perhaps this is all just a much slower process than I imagined it would be. I absolutely have used Coinbase and still do so often LOL. I know I should use cold storage. I do have a hardware ledger wallet that I have not used in a bit as well. I guess I just use Coinbase because I sort of lie to myself and say I'll use cold storage one of these days. It is comforting to know that if I so choose I could move the funds over to cold storage. I don't know LOL. I suppose yes the point is pretty valid that the funds would be hard/impossible to recover if keys were lost. I guess this is simply the risk in a tech that is pretty new and one of a kind. Hmmm. You bring up good points.

Yeah the Lambo people are a bit annoying. I am on the spectrum there more or less. I would categorize myself as a 'let's have a decent, much less stressful life, maybe own an adequate property' crypto person lol.

Thanks for your well thought out comment! Definitely thought provoking.

Sort:  

cold storage would be the way to go for ultimate security but I also have never done that. I don't really have enough of it to be super paranoid about it. I have unfortunately gotten involved with exchanges that were attached to a phone OTP system and the phone died and then I had no way of getting back in there. I have since become a lot smarter about all of that though. Live and learn!

Dang, sorry to hear that. Yeah, I definitely get what you mean by live and learn, trial and error. I'm the king of screwing up sometimes, but gotta take some risks sometimes!