Home Videos How To Keep Your Cryptocurrency Safe! [Best Bitcoin Wallet]

How To Keep Your Cryptocurrency Safe! [Best Bitcoin Wallet]

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Watch this video to find out my thoughts on The Safest/Best Places to Store Your Cryptocurrency!

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Get a Ledger Nano S at:
https://www.ledger.com/

Get a Trezor One at:
https://shop.trezor.io/

Trezor vs Ledger

Trezor vs. Ledger Review: Which is the Best Cryptocurrency Hardware Wallet?

Paper Wallets
https://medium.com/crypto-currently/paper-wallets-are-best-for-beginners-61c31d931cce

MyEtherWallet
https://www.myetherwallet.com/

**NOT FINANCIAL ADVICE! JUST OPINION. MAKE YOUR OWN DECISIONS! DO YOUR OWN RESEARCH!

#Bitcoin #cryptocurrency #coldstorage #ledger #trezor #paperwallet #cryptowallet #

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30 Comments

  1. UKMHT

    October 14, 2018 at 6:04 pm

    Great vid and you probably will have to keep making these vids every year for all the new cryptonaire. I like nano ledger but trezor supposed to be great too. I often think about a paper wallet but I am a little scared of making a mistake . I think eventually I will learn how to make paper
    wallets and laminate it. I love exodus wallet but maybe not safe enough . Hey keep up the great work :-)💪

    Reply

  2. crypto darthmarc

    October 15, 2018 at 4:09 am

    Let me ask you something what about if i hold like 10 different coins like icx neo ont ela trx , ripple , cardano, stellar etc let me tell you there no chance to store them all in a device, you will need at least 2 or 3 nano S so up to now there no device that stores all the token. Belive me , i tried ethos i tried many wallets an none of the stores all the token i own and to store them all i need at least 3 nano s and where i live is really hard to get them. So in spite is the safest way to store a hard wallet now there not any single wallet with stores at least the 50 most important coins in coinmarketcap soo is really a mess. Another important thing is you cant get 10 different wallets to store em all because is INSANE, so companies really need to fix this mess also there s another mayor problem that is the token swap , every time a coin swap the token you need to change the wallet again and mabie a wallet that used to store old trx for example wont store the new token so u need to get another wallet. To resume wallets are a pain in the ass nowadays and until someone fix this mess and make a really good one that compatible with at least the 50 most important coin in the market people will be in trouble triying to store them. So if you know an efficient way to store 10 or 20 different coins in 1 device please enlighten me

    Reply

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    October 15, 2018 at 8:09 am

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  5. Rhonda

    October 15, 2018 at 9:38 am

    Why doesn’t anyone talk about what’s going on with MDA????

    Reply

  6. Mike Torredeoro

    October 15, 2018 at 10:12 am

    Thanks for the vid. I have been trialling the Nano S but on the latest firmware update it got stuck in bootloader mode. I have tried everything that forums and Ledger have suggested but I cannot get to my crypto. Many others have had problems. Thankfully I do not have a lot on there but now I no longer trust it and have wasted many hours trying to get it working.😤

    Reply

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    October 15, 2018 at 1:47 pm

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    Reply

  8. John Hutch

    October 15, 2018 at 2:09 pm

    You see that is the problem here with crypto coins at the moment. I do have coins that the Nano S supports but i also have coins that are not supported on the Nano S. This is a problem for us who just don't hold the top 10 0r 15 coins. Having multiple hot wallets can be annoying. Anyhow thanks Erin for the video it gave me some thinking to do.

    Reply

  9. Uncle John

    October 15, 2018 at 3:27 pm

    19,000 XRP could be life changing in a few years…

    Reply

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    October 16, 2018 at 12:18 pm

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  11. OneLord World

    October 16, 2018 at 5:21 pm

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    Reply

  12. Kevin Macpherson

    October 18, 2018 at 4:12 am

    Just get a Ledger Nano S or a Trezor! Can't go wrong!!

    Reply

  13. Shaun Tedeschi

    October 19, 2018 at 2:42 pm

    Good video..cheers.
    Have you a done a video on how to transfer coins from for example coinbase to a ledger?
    I'm New to this channel.
    Thanks

    Reply

  14. Allen D21

    October 19, 2018 at 10:25 pm

    What is your opinion on the Infinito mobile wallet? It holds ADA. Is it cold or hot wallet? Is it safe?

    Reply

  15. crypto accelerator

    December 17, 2018 at 1:50 pm

    Personally I manage BTC and all of my other cryptocurrency assets in a non-custodial Atomic Wallet 🚀 It's a decentralized wallet that supports 300+ assets, custom token feature, built-in exchange and "buy crypto" services, so I got all I need in one secure interface

    Reply

  16. ayoub rabia

    January 18, 2019 at 11:59 am

    How To Keep Your Cryptocurrency Safe! [Best Bitcoin Wallet].Anyhow thanks Erin for the video it gave me some thinking to do.

    Reply

  17. John2156

    March 6, 2019 at 11:01 pm

    Is the "coldcard" by coinkite a better storage system than Trezor and Nano? thanks

    Reply

  18. Patient Wolf

    April 8, 2019 at 2:45 pm

    Coinbase and exchanges is where I store my cryptos. I'm looking into a Ledger. Hopefully I'll get that all set up before this Bull run for Bitcoin turns south.

    Reply

  19. Kip

    April 19, 2019 at 1:25 am

    Cold storage wallets scare me just as much as paper wallets. Yes, paper can be destroyed or shredded, etc..
    But these little, teeny, weeny, fragile devices, such as the Ledger Nano, can also be destroyed, or worse, stop working.

    Let's say you have $100,000 on a Ledger and it dies!!!!! What are your options????

    What if Ledger the company goes out of business and/or Ledger Live is taken off of the Internet?
    What if someone dies, and his dead Ledger (battery life is only 5 years) is found in a safe 20 years from today, long after Ledger the company went bankrupt?

    What if (this is long overdue) , during a normal Sun cycle the Earth is hit with a coronal mass ejection, causing a geomagnetic storm that knocks out all electronic devices, including Ledger's wallet? Everyone is so shortsighted these days — nobody cares until it happens. During such an event, I suspect that… Ledger owners would lose everything!

    Reply

  20. Maple Hedgehog

    May 4, 2019 at 2:41 pm

    You say that a Ledger or Trezor saves your coins offline around 3:15 of this video. Dude, why am i getting so many different explinations of this? This Trezor model T that i have simply stores the 'private key' offline right? My coins are all IN the Blockchain, No? The deeper i get, the more confused i'm getting.

    Reply

  21. John

    May 7, 2019 at 10:22 pm

    I bought some BitcoinSV am I crazy? Can you recommend a wallet? thanks

    Reply

  22. Eric C

    May 8, 2019 at 6:14 am

    Watching this after the Binance hack. Thanks a ton!

    Reply

  23. The Fractional Bitcoin Peasant

    May 17, 2019 at 4:37 am

    Is bitpay any good as a hot wallet for BTC ?

    Reply

  24. Kip

    May 21, 2019 at 9:37 am

    In the video it was said that the bad side of a paper wallet is possible theft or destruction, but the same is true, say, for the Ledger Nano S. For instance, if your Nano S accidentally gets smashed, or stolen, or stops working I think you'd be in the same shoes.

    Reply

  25. Imre Csoka

    June 22, 2019 at 2:05 pm

    My worry is what if the Nano S stops working or the screen doesnt come on or just something stupid, really. Then what the hell does one do ?

    Reply

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    July 9, 2019 at 12:30 pm

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  27. Rudas avok

    July 12, 2019 at 1:37 pm

    Got a new bitcoin Bitroz Wallet

    Reply

  28. Ali Ali

    November 2, 2019 at 2:03 am

    What if I buy ten of them ledgers… and I put one bitcoin on each

    Reply

  29. Daniel Gilroy

    January 23, 2020 at 4:14 pm

    Does putting crypto on the usb take it off the market? How fast can you go from USB back to market to be able to withdraw?

    Reply

  30. je pak

    January 30, 2020 at 6:53 am

    awesome video! but how do you deal with the high fees transferring from exchange to nano s? seems about 3.5%…

    Reply

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