TREZOR Hardware Wallet

[LaVidaLoca]

Hello everybody,

i bought Bitcoins in 2012. The course was at this time very low. Since then the coins are on Blockchain.com and im feeling uncomfortable
because i dont have the Private-key. Who knows TREZOR Hardware Wallet? Could someone recommend it?

 

[DoomKitty]

TREZOR and Ledger both make excellent hardware wallets.  Just research each type they sell to find the one that works well for your needs..   Good Luck and happy spending!

 

[LaVidaLoca]

The Ledger is the cheaper variant. But is it as safe as TREZOR? With which devices have you had personal experiences? Ledger is not open source! Therefore i wouldn't trust it. This is a big decision for me and therefore i would appreciate it when you could share your experiences with me.

I also have no experiences with Electrum & Paperwallet. Could you tell me something abut them? What's the safest thing? I want to keep the coins for a long time. I don't want to rely on informations in the internet but want to know your personal recommendation.
 

 

[DoomKitty]

I own both the trezor one and the nano s.  all applications on the nano are open source, but yes the firmware is not.  i like how the nano is pushing to have more currencies available to it.  Heres a good write up comparing the two: https://7labs.io/tips-tricks/trezor-vs-ledger.html

I also have an electrum wallet and a wasabi.  both are excellent, safe and secure.  wasabi has extra features like CoinJoin, etc.  Never heard of paperwallet.  

 

[LaVidaLoca]

Due to my reasearches is Paperwallet the safest possibility for storages. It is not for people who uses its coins regularly but for people who don't uses coins for a long period. So this is the right otion for me because i don't want to use the coins for at least five years or more. I will be to compare the positive and negative properties before i decide myself.

 

[DoomKitty]

interesting choice. obviously, be sure to generate your keys on a VERY secure device.  good luck and stay safe!

 

[LaVidaLoca]

Hi Blackbear,

I ordered the trezor. Additionally I have created a paperwallet. I am happy, finally I have full control. Yes, I am a Hodler since 2012

 

[Conceited]

When you hodl are you gambling that what you buy will be worth more in 5-10 years? Or is there more to it?

 

[LaVidaLoca]

When you hodl are you gambling that what you buy will be worth more in 5-10 years? Or is there more to it?

I don't understand your question. What do you mean?

 

[Conceited]

I don't understand your question. What do you mean?

I was wondering if you buy bc then save to a hardware wallet to keep for years in the hope your bc is worth more in say 5 years then today? Instead of a regular wallet or bc buying site that could go bust or be hacked. Just wanted to know if there was other advantages to keeping bc long term? I assume most people buy what they need then transfer same day?

 

[LaVidaLoca]

I want to keep Bitcoin long. The reason is simple: I think that in 5 years or 10 years the course will be very high. HODL