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Only Buy Bitcoin If You're Ready to Lose It
- dewyatt 9y agoWhat a bunch of FUD. The title is crap and the comments point out the obvious solution of a paper wallet and a backup. Personally I find all of this high-security hardware wallet stuff to mostly be marketing wank. A paper wallet is as safe as your normal wallet, which is usually "good enough". Even if you're storing a ton of coins, you might be better off with a paper wallet in a safety deposit box, rather than risking issues remembering passwords, etc.
- jD91mZM2 9y agoI would say the title is currently correct because bitcoin isn't really going up (at least not by much) anymore. But the rest of the post is crap. The guy who almost lost security didn't even think once about writing it down in his password manager (which he did actually have), nor did he make a backup paper. Plus the reason he got it back was because the system stored stuff in plain text.