14H·

Have a question?

I've been getting more and more involved with the topic of $BTC (+0,87 %) Bitcoin and cryptocurrencies and realize that I am really bullish. 😄


That's why I'm now thinking about getting my own wallet, i.e. not just trading via Trade Republic or Bitvavo, but also storing my coins myself.


My first question: Does that still make sense these days, or do you think Bitvavo is perfectly adequate?


If so, my current plan would be as follows:

I would get a hardware wallet from Trezor, probably the latest one or is the extra cost hardly worth it?


I would then also use an Exodus wallet on my cell phone and regularly send the bitcoins I buy from Bitvavo to my own wallet.


What do you think?

Do you have any tips or recommendations on how to proceed?


$SOL (+2,54 %)
$XRP (+0,51 %)
$BTC (+0,87 %)
$ETH (+2,24 %)

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9 Comentarios

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@Zottel4Profit Always happy to help. Good luck with your investments. 🍀
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Storage of cryptocurrencies
https://getqu.in/GZNTx2/
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@DonkeyInvestor after reading through your posts (thanks for that :), I would now buy a Bitbox 02 Only Bitcoin and make a paper wallet as a backup.

Then additionally a Bitbox 02 Multi for all other coins.

That makes sense, doesn't it?
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@Zottel4Profit I would only do 2* BitBox if you have significant sums in crypto. You could also start with the Multi and only buy the Bitcoin only edition later.

By paper wallet do you mean the backup of the seed?
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@DonkeyInvestor Yes, exactly. So the 24 words. Thanks for the support! :)
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@Zottel4Profit Get a Steelwallet. Besides the SD card backup of the BitBox, it lets me personally sleep much more soundly. I'd always be a bit nervous with paper...

I have this one:

https://bitbox.swiss/de/steelwallet/

Otherwise read up here and make your purchase decision:

https://jlopp.github.io/metal-bitcoin-storage-reviews/
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