The Problem With Cold Storage Wallets (Crypto)

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Title	:	The Problem With Cold Storage Wallets (Crypto)
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Buy a Ledger and 4 Cryptosteel capsules, initialize the Ledger, get a new 24-word seed, copy 12 words on 2 of them, and 12 words on the remaining 2 Place them in 4 different bank safes Get your Bitcoin address, initialize your Ledger, transfer Bitcoin to that new address, that will only be recovered by the seed that is now stored in those banks, not in one placebrbrThis way even if one of those banks were robbed you wouldn't lose 50 of your seed, thus losing all your crypto even if thieves couldn't use the half they got
Comment from : @matteochiarino662

Listen to this guy hahaha
Comment from : @blakesmith9039

Holy braindead
Comment from : @clippyontop

password manager :)
Comment from : @clippyontop

Well any other way doesn't seem towork so
Comment from : @Letsgetreal94

Not I sir You and Jake can fuz a cactus
Comment from : @DarrinYoung-e2r

😂wtf
Comment from : @SomewhereOverTheRainbow2023

lol fairamount of research and storage
Comment from : @moriowacharts

he cant searching your money at cold wallet,so better still in cold wallet
Comment from : @ErikGinting

Bad advice It's a very small amount of work and does not hard and is definitely the best way to hold crypto
Comment from : @Brady-Woolstenhulme

Hot wallet has the same security Though having your key offline prevents the time needed by thieves to crack said key Having your crypto on a trading platform is never a good idea Correct?
Comment from : @Lekkah666

If banks were honest, we wouldn’t even have Bitcoin, let alone cold storage wallets
Comment from : @kripto8231

get a load of this guy :D
Comment from : @wagering

The problem is now everyone working for this platforms are facing death The fbi faces death too
Comment from : @sleepdivision388

Cold storage is easy and simple to set up He is speaking pure BS
Comment from : @mael6834

it will be a long process Humanity is used to have a central authority protecting their assets for small amount of money may not be an issue but imagine having all your money by yourself Another issue is safety, 5 dollars wrench attack are getting more common
Comment from : @jonb8633

BANKER BS 💩 You should be the ONLY one with Access to your own SAFE / Vault 🪙
Comment from : @fromliberalleftcalifornia7124

This guy looks like he would try to dissuade me from cold storage Didn’t even have to say anything
Comment from : @MediumDri

LoL 😂😂😂😂 trust me I'm a banker
Comment from : @steveholloway1963

Tangem is extremely difficult to use lol Can someone help me internet?!
Comment from : @tylermonroe481

No need for password just keep the seed phrase stamped in steel in a safe place
Comment from : @GhostofTradition

How?
Comment from : @ramonchies

He is the lizard people
Comment from : @easterislandhed

Holding 🔑🔑…
Comment from : @jmc8076

Thank you, Cap Obvious
Comment from : @fluggegecheimenn

Dont listen to him matrix wanna make us poor
Comment from : @jiyuchanhwang

This guy doesn’t really understand what he’s saying please don’t take his advice on not using cold storage, literally millions of people would be wrong and he would be right Does that sound ideal to you?
Comment from : @Korbs67

Oh yeah, because this guy definitely has no hidden agenda
Comment from : @HoeDizzleFoShizzle

That requires a fair amount of work and research, let us hold your crypto😂 That is the problem with the current system Nobody understands it, and that's by design Why do they make it so complicated? I'll stick with real money, I hold it, control it, you don't need to know how much of it I have (it's none of your damn business) Third parties are the problem
Comment from : @hunterpdn

A lot of work and research HAHAHA
Comment from : @AsdfQwer-u7v

Blah Blah Blah
Comment from : @wolfofblackstreet

"So we recommend that you give your keys to us and we will give you a hand written IOU promising that you will eventually get your coins back unless some government says we can't"
Comment from : @Guzeebo

Third party risk is huge SBF and that fake dead devil in Canada , and binance pausing acess when you need it most is all I need to know
Comment from : @davidpatton7298

Dose he look like anyone who knows anything about Crypto
Comment from : @dboxstudios

You will not lose tokens from password loss You will lose tokens if recovery phrase is lost Your ignorant in your knowledge
Comment from : @willrod58

All those with wallets are being naive! I retired early from investing in Bitcoin and the Stock Market I sold all of my Crypto, Now I only have Bitcoin futures using Bito ETF 100 safer, no silly wallet, keys , phrases etc Proven Platform!
Comment from : @owenhill-vf7ko

The last way you ever want to store your bitcoin is with that guy
Comment from : @azwelke2638

Banking is dead, find another JOBbrYou people have taken enough dont you think
Comment from : @livelife8980

You rather want the government to have total control over your money with CBDC, don't you?
Comment from : @Sebastian-nk7zo

Who would trust a suspicious face like that I mean, look at him 😅🤣
Comment from : @dral22

Not your keys……
Comment from : @Grasshopper0682

Don’t listen to him, keep your crypto cold 🥶
Comment from : @David-w6r1r

I learned about crypto , and purchased some on an exchange and transferred it into my cold wallet Im 71 years old , i researched different cryptos, exchanges and cold wallets Its not difficult, it just requires an investment of timejust like anything in life you are learning about
Comment from : @janemcwhirter7850

I remember mine always thank very much sir 😂
Comment from : @alicegold9118

But if you hold your crypto, how can they use it for leveraged lending?? You're being so selfish by keeping it out of their hands!
Comment from : @ThymeKeeper

if its under 1 btc is it ok to leave it in kraken and the likes or are they not safe either?
Comment from : @basicsurfer08

It’s not that difficult and of course the bank/investment firm wants to hold it for you Read up, study, practice sending small amounts until you are fully comfortable with doing so and when moving crypto to cold storage (offline devices you own) move it in blocks, not all at once Educate yourself
Comment from : @verticle2612

It's very easy to put your crypto to your ledger A kid can do it😂
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Comment from : @inosukeRaoji-e1g

Ther are multiple ways to protect yourself from this Just more banker's, Bulls**t
Comment from : @billsouthard187

Fk you Mr bank suite 😂😂😂
Comment from : @dirtyindian1

Stop listening to this fker , sounds like the banks want your crypto to custody it Get cold wallet storage and learn how to use it Fk the banks 😊
Comment from : @dirtyindian1

Is that the only downside to owning your own keys? How do you cash out of crypto if your investments moon and you want to minimize taxes?
Comment from : @WunUhDeezNWunUhDoz

There is risk either way Ask the guy that accidentally threw away his cold wallet with 800 million dollars in it
Comment from : @supersix9137

Bull It’s easy Buy Tangem Wallet if u want simple
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What a bellend Obviously not heard of Tangem either
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Comment from : @Sexual_culture_USA

Fair amount of work and research? What’s he on about? it’s really easy
Comment from : @Buddylovesu

Its a Scam
Comment from : @noway8233

A guy put their hard drive in the trash , he still triying to find it in the big trash hole of the city😅😅😅😅
Comment from : @noway8233

Garbage😂
Comment from : @jabfree4ever

Lmfao DO NOT BELIEVE THIS ASSHAT
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