I know practically nothing about this besides some basic google searching and am a newbie. Should I use a physical cold wallet or is something like the Bitpay app sufficient to keep me safe? I'm specifically curious about trading on a dex through coinbase with my web3 wallet. Please speak to me like I'm retarded.

depends on what you're holding and how often you need to send transactions

I haven't really bought anything yet, but probably nothing I'd be using often, just a little here and there on dips.

you can buy without needing to access your wallet unless youre buying with existing crypto.



but if you don't know what youre doing safest is just getting a harrdware wallet. avoid ledger cause they leaked every sucker's name and address and who knows if it happens again. trezor is good but you can't let it get stolen unless you put a passphrase on it. bitbox is supposedly good too but i've never used it.

Thanks. What about apps like Bitpay or ZenGo? Or really any app-based, non-hardware wallet? I like the idea of having an app on my phone for the convenience angle, but I'm not sure how secure they are by comparison.

zengo is based out of israel

bitpay is notorious for heavy handed kyc



an app is just like a hot wallet, like metamask, safe for the amount of money you'd carry around with you, not safe for the amount you'd put into a bank

Thanks, I'll probably go with the Trezor then. I appreciate the help!

remember to keep it physically safe and consider using even just a simple password as your "25th word" you use everywhere else a physical thief wouldn't know if they stole the device.

write your seed phrase on paper and never put it on a computer or phone in text or photographic form. if you trust you can remember your "25th word"/password you don't need to write it down if it's simple, otherwise you'll want to store it separately.

Yes sir!

>>54797530 (OP)

Depends on your level of risk tolerance and how quickly you want to access your funds

In order of 'good luck' to 'pls take my money'

>paper wallet

>hardware wallet

>diy hardware wallet

>tor usb stick with persistant storage

>an old android phone with a max length password

>an airgapped computer 

>on your daily driver phone

>on your daily driver computer

>on an exchange



If you're here asking this question, i'd go for the old android phone with max length password. Even oldfags will recommend this over trying to diy your own solution

>>54797530 (OP)

Keep it really easy and buy a ledger and get the cryptotag titanium backup plate for your seed phrase on the same site 



Never been hacked

>>54797530 (OP)

Ledger is extremely straight forward and user friendly, buy what's pictured and you'll be golden. It requires no additional thought or effort

They make these for normie retards and it's packaged like an Apple product. It's the gold standard in the industry, and its not as complicated to do all this as people in this thread so far are implying.

https://youtu.be/dT9y-KQbqi4 [Embed]

Trezors have been cracked, Ledgers never have

more paid advertising looking for more victims personal information to leak to hackers down the line



never buy ledger, built by midwits, diversity hires, and worst of all, the french.
