I have decided to embrace cryptocurrency full time in all my domain sales. I demand for buyers to pay through Bitcoin or any other major Crypto as the first choice of payment. and demand my payouts in Bitcoins.
But the huge problem I'm facing is deciding the best way to store my spoil.
1. I purchased new machine (High end Samsung Note 9), installed Norton Antivirus from beginning before downloading the Crypto (Mycelium) wallet App. I make sure the recovery is highly secured in my Google account. Plus other security features I can think of.
My fear: What if something goes wrong with the wallet provider? Or hackers still find their way into my machine?
2. I am thinking of purchasing a hardware from Amazon. Receive my payments through soft wallets, and transfer to the local environment.
My fear: What if the hardware get misplaced or stolen? I have read this happen to a guy in the UK who lost over 34 million pounds.
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These are serious concerns to me because I plan holding as much as 500BTC in the wallets, and I am serious about it.
What's your experience holding bitcoin? Which of these wallet can you recommend? Any security measure?
But the huge problem I'm facing is deciding the best way to store my spoil.
1. I purchased new machine (High end Samsung Note 9), installed Norton Antivirus from beginning before downloading the Crypto (Mycelium) wallet App. I make sure the recovery is highly secured in my Google account. Plus other security features I can think of.
My fear: What if something goes wrong with the wallet provider? Or hackers still find their way into my machine?
2. I am thinking of purchasing a hardware from Amazon. Receive my payments through soft wallets, and transfer to the local environment.
My fear: What if the hardware get misplaced or stolen? I have read this happen to a guy in the UK who lost over 34 million pounds.
-----------------------------------------------------------------------------------
These are serious concerns to me because I plan holding as much as 500BTC in the wallets, and I am serious about it.
What's your experience holding bitcoin? Which of these wallet can you recommend? Any security measure?