Storing your crypto? - Printable Version +- Business, Investment, & Insurance Forum (https://investmentforums.net) +-- Forum: Investment Forums (https://investmentforums.net/forumdisplay.php?fid=4) +--- Forum: Cryptocurrency, NFT, Metaverse (https://investmentforums.net/forumdisplay.php?fid=17) +--- Thread: Storing your crypto? (/showthread.php?tid=281) |
Storing your crypto? - Bizdustry - 08-06-2023 Do you store your crypto on a ledger or another hard decentrailised wallet, or, alternative store it on a centralised exchange where it can easily be exchanged for fiat or sent to another external wallet? The problem with keeping the majority of your coins on the exchange is you don't actually own the keys. RE: Storing your crypto? - deucher - 12-21-2023 For me, there is simply no need for any external drives for cryptocurrency, because I don't have so much of it to protect it so much. Exchanges are not so weak that they can be hacked and all funds withdrawn, but when they try to steal funds from specific wallets, I don't think that my wallet with 500 dollars will be very interesting for someone to spend time on it. |