Worth it? How do they work?
Worth it? How do they work?
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>mfw locked in my BTC at 17k
worth it for that alone, but you need to time the market right. one wrong move and you’re left with permanent bags.
worth it imo. just dont ever fucking lose your seed phrase
You gotta explain the meme to me. There’s no way locking a wallets holds your btc at a certain price
Not worth it after the cold storage exploit. Now any schmuck can use an SLQ% injection to take all your crypto away.
Yes, when you send it to the ledger, it locks it in at the price you bought it for. I bought my LINK at 19.50. I will sell when LINK is at pennies.
>he doesn't know about the price lock feature
>locked in my bitcoin at 17k
You know that’s not how it works, right?
private key is stored in secure element (special tamper-proof IC), you can use it with metamask, MEW and many other sites.
I personally use it as cold-storage of my long term holds, keep my "gambling" tokens on bittrex
>he doesn’t know
i feel so, so sorry for you
wow, are you seriously telling me you haven't locked your tokens on that last bull run?
How does that work? If you unlock the coins and put then on an exchange then the price adjust automatically? Im smooth brained so I don't get how it works.
>How do they work?
Fuckin magnets, how do they work?
Nigger, you could sell your link for any price you want. It doesn't mean anyone's going to buy, especially if they can get it cheaper
LOL
I've missed these posts
Literally no one is going to honor that price tag of yours.
How are you guys storing your seed phrases? I’m thinking of putting a copy into a safe deposit box in my bank. Where else should I keep a backup copy?
memorized them. But I'll have to write it down sometime.
But this strategy is INSANELY effective.
youtube.com
You put your coins in and they get locked at that price
I'm so glad i locked my ETH at $443 a few days ago
>he didn't know he can lock his price...
DO NOT BUY LEDGER
I REPEAT
DO NOT BUY LEDGER
CLOSED-SOURCE PROPRIETARY SOFTWARE HAS BEEN AUDITED BY THE FEDS
THEY CAN PULL THE TRIGGER AT ANY POINT IN YOUR CRYPTO CAREER
WHATEVER FUNDS YOU PUT ON THAT DEVICE YOU DO NOT OWN
DO NOT PUT ANYTHING ON IT THAT YOU ARE NOT WILLING TO LOSE
That said, if you’re interested in stashing large sums of crypto and holding it like a savings account, convert everything you want to put away into BTC right now or after the next big crash if your patient and buy a Cold Card. It’s the only way. The feds have gotten to literally everything else proprietary.
Pic related
It downloads your coins. Still has the same problems as your hard drive though, if its damaged/loses its memory you're fucked
Any source for that? I have a trezor and a ledger. I'll be pretty concerned if it's the case.
>he doesn’t know about USA imperialism
>he doesn’t know Edward Snowden
>this bait still getting replies years later
how is this any better than offline versions of MyCrypto or MyEtherWallet?
of course it's worth it you fucking retard
Waste of money. Just keep your shit on Binance.
Funds are safu.
No they're gay just have good back ups
I have one and still keep all my money on coinbase wallet. Any risks?