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Any security-minded crypto investors would put the cryptos in an offline wallet, with portions of the passphrase written in different papers stored in different
by ww520 3y ago
Any security-minded crypto investors would put the cryptos in an offline wallet, with portions of the passphrase written in different papers stored in different safes.
- gambiting 3y agoSo every time you want to "invest" you have to gather this incredibly inconvenient password? Maybe I misunderstand how it works.
- ww520 3y agoYou invest by HOLD. If you trade with exchanges, that's just speculating. Also not your key not your coins. The money will be lost eventually with rug pulls, scams, or hacks anyway. Password being compromised is the least of the worries. Offline wallet making it slow and difficult to transact is a feature, less chance to be scammed.