I’m getting into crypto and am thinking about setting up a cold storage wallet on a USB drive. Do any of you all have favorites you’d reccomend for a newbie like me?
Don’t get into crypto. It’s only useful for scams and money laundering.
I can understand why you would say that, but I think in the coming decade we’ll see it come into much more mainstream use. Whether or not that’s true remains to be seen. I personally don’t mind sinking a little money into it to see if it goes anywhere, but I’m not dumping my retirement into it or anything.
Narrator: “It didn’t”.
I’m not a crypto investor, but I, like you bought some Ethereum with the same belief. It’s an intrinsically valuable currency.
Dawg my country got it’s own thing going with payments, where it’s like GPAY but government official and uses a scanner/qr system attached to regular currency(connected to banks).
I don’t see crypto fitting in at all
Primarily useful for scams and money laundering, but there are fringe uses which are legitimate.
I think the options here are driven by which coins you’d like to hold and whether you’ll be interacting with hardware wallets. If you’re thinking Bitcoin, and have a particular hardware wallet in mind for the future, perhaps give Electrum a look. BE CAREFUL WITH WHERE YOU DOWNLOAD CRYPTO SOFTWARE
For sure. I’m not installing anything without verifying it first.
edit: I probably wouldn’t buy anything besides bitcoin and eth
Coin Wallet on Linux repositories have worked fine for me.
Honestly though, crypto isn’t worth your time. And half of the USB flash drives I had 10 years ago have failed, so don’t rely on them for a long time, or keep at least 2 other backup copies elsewhere.
Thanks for the helpful advice, I appreciate it!
don’t listen to people to stay out of crypto, you do you.
Check out sparrow waller, it’s a bit shinier than Electrum wallet and open source afaik
Just get a Trezor. It’s open source both the software and the hardware, battle-tested, and very easy to use.