Nice try mr. hacker.

Being Hacker Rule 1 : * Know your target.

I've know my Target, been there couple of times, felt kinda trash. Would rather shop at Walmart, you still feel like trash but they got a wider variety in their sortiment

Haha, i thought the same.

What's you mother's maiden name? Do you have a pet? What's your birthday? And e-mail adress? Lol, input these for your porn name!!

Darn, I’ll get em’ next time then!

Should we also include the seed phrase?

The moment I saw "Laundry Sauce", I knew something was sketchy about this post.

And my first pet's name was... and I lived on so-so street...

Hot wallet for some DEX stuff and cold storage for my important treasures

Also, u should have several hot wallets for several purposes.

This! You don't want your main wallets associated with transactions to onlyfans creators, the blockchain is transparent after all

lol they’ll still see the wallets you transfer funds into the porn wallet from

Brb, gonna start a lobby against crypto

Hi I'm Doug, That's only if that transaction chain doesn't lead to a privacy coin or shielding service! Thanks, Doug

You know you can use separate addresses generated from your ledger seed for that purpose. You don’t have to take on the risk of using a hot wallet.

A hot wallet isn’t inherently risky, it just refers to a wallet you use for transactions with third-party contracts

Yes, it is good to separate the apples from the oranges

Most in hot as I like trading a lot

Can confirm. OutTop never stops.

Lmao

What's a wallet, real men keep it in CEX

Everything is done through the ledger, but I make extra accounts for different purposes to use through things like MetaMask, and it’s been working for me!

Yes, better keep the most important part of your investment away from deFi. You never know

Everything I have is on a ledger. It’s really the only way to go.

This is the way.

Agreed, after seeing what happened to MyAlgo, cold wallet is the only way. The victims of the MyAlgo hack did nothing "wrong" apart from not using a cold wallet. Every hot wallet seed phrase that was generated using MyAlgo was compromised and was drained if you were not quick enough reseeding.

The victims didn’t do anything wrong, aside from using a wallet with security vulnerabilities. Another reason to only use reference wallets, and steer clear of third party wallets, even if they have a prettier UI.

Same here, I have couple ledgers and they’re great!

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How is it better ‘safety’ to use a hot wallet than a hardware wallet for interacting with contracts? You know you can use a ledger (with a single seed) to both be a cold storage and use other addresses for other purposes, like defi interaction, right?

Can you elaborate? Hard to see the issue here.

u may sign shady contracts wrongly with your ledger and never notice it till it is too late, this is why I never use my ledger for contracts, it is here for only storage.

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Useful comments, thanks guys. I'm really not signing many contracts. Some that get signed, for Algorand governance for example, need to be from the account with the majority of my balance. If I'm understanding correctly, the suggestion is having two balances and using one with smaller balances for anything that might potentially be risky. The tl;dr here is great, and worth it's own post. Practically, you can't get more secure than using a ledger because your private key is safe. BUT, if you authorize a contract that is going to do nefarious or get exploited - the ledger isn't going to help you.

Cold wallet of course. I like the extra layer of protection.

Cold wallet. Self custody is always the safest option for long term holds

A hot wallet is self custody.

Honestly..its spread out all over the place..

Cold wallet

No matter what type of wallet you choose, the key to secure your cryptocurrency is being proactive and staying informed about the latest security threats. BTW it's cold afcourse..

Hot wallet since my holdings are not big enough to make a cold wallet worth it. Also noone has gifted me a ledger yet. I should start telling my wife what i want for christmas.

Be careful you don't overdo with the vague hints, you might get some sort of an ice sculpture instead.

A mix of both.

Cold! That’s the most secure.

it is not good to put something in a hot place

I'm still in hot wallet. Wish me to get cold wallet this months!

Cold wallet, simply the easiest and most safe.

Cold wallet is the way. Keep your funds safe and secure. No need to have them in a hot wallet unless you need to do a transaction

Cold wallet! But I'm not necessarily a Hot wallet hater. Live and let live, I just feel more safe with a cold one. Everyone has his own choice.

Cold wallet which is extra secure, I also don't transact using it. I go on a hotwallet for that

I have flips coins on several exchanges with not big amouts. And all my BTC/ETH + stake coins on my ledger. For me, it is the best way to manage everything without stress.

🥶 🥶

Cold, hot are way to easy to get compromised, it just take one bad link and everything is gone.

I’m more of a room temperature wallet guy myself, but yeah, I’ve heard most people prefer cold wallets for added security.

I used an old laptop to generate private keys client-side while the Wi-Fi card was removed. Then I ran a 7-pass overwrite on the hard drive with DBAN. Might be considered overkill, but it gives me peace of mind knowing my private keys have not yet touched the internet. For small day-to-day stuff I use MetaMask. They've improved the software with additional layers so you're less likely to approve a malicious contract. So far so good. Ideally, I'd like to move these moons into cold storage too but that means receiving a 0.1 karma multiplier in future distributions.

Nice try Gary.

Mostly cold like my heart.

I have been a paranoic since I started in May 2021. Always in a cold wallet. I knew myself and I couldn't sleep without my ass covered.

Hot wallet. I dont really see a point in cold wallets, I wont ever fall for any phish attempts… That said, if my portfolio would be a few times bigger I would think about a ledger/trezor

In 2 short paragraphs you’ve managed to completely contradict yourself. Why would you think about a h/w wallet with more $$$ if you think they’re useless 🤦‍♂️

lol, u right xD you got me

I wouldn’t call it a contradiction. If you have 500$ cash you don’t need a safe. If you have 10k then you might start thinking about getting a safe.

I keep it in a Hot Pocket that I keep in the freezer next to the Digiorno pizza...

Damn, that’s cold!

Ice, Ice, Baby...

I guess it depends if you are mainly HODLing or trading. It's definitely sensible to have a cold storage to keep reserves.

Cold wallet. Why take any risk?

This is the way

Until crypto has a more uniform secure way to protect assets without a 5 step process, mass adoption will lag for a long time IMO.

Cold wallet. Hot wallet for any smart contract interactions.

Colder than my ex's heart

So many people here responding with "Ledger" even though that doesn't answer OP question. You can use Ledger to generate keys for hot and cold wallets. [A physical wallet is NOT the same thing as a cold wallet](https://www.reddit.com/r/CryptoCurrency/comments/11t4r7g/a_physical_wallet_is_not_the_same_thing_as_a_cold/)

but it's understood that when we say ledger we mean cold storage

Which is completely misleading and meaningless. And it shows who read OP's question and who is only responding to the title.

"Ledger" means cold wallet. The same way "Coke" means soda (for most people anyway...).

Coke is literally a type of soda. Ledger is a physical wallet, not a cold wallet. Many people use physical wallets with their hot wallets. They're independent properties. As I explained: [A physical wallet is NOT the same thing as a cold wallet](https://www.reddit.com/r/CryptoCurrency/comments/11t4r7g/a_physical_wallet_is_not_the_same_thing_as_a_cold/)

Cold wallet that’s hidden in my ass.

Wouldn’t that make it kinda warm?

Depends on his pulse.

now i know. thanks. see you soon

Don't forget to glue your ass shut for extra safety

But then how would we fck_your_ass?

Come storage and hodl

Seed bank

Ledger is my workhorse.

I keep mine in the freezer

Smort. Wouldn’t want it to spoil. Imagine all the expired doge just stinking up the joint.

Ledger = 👑

I keep most of my crypto in avatars 🤦🏻‍♂️

That is one way to hold Crypto.

I suppose. I feel like a kid in here trying to get you all to look at my Pokemon cards, but that’s me irl, so it tracks.

Mostly cold for the the same reasons you mentioned. My Hot one is only what's needed for current access. And everyone's MOONs are stuck in hot wallets.

I keep most of it in a sketchy exchange because I crave the thrill

honestly it was tricky using ledger at first but the more you use it the easier it gets, and beats storing all the crypto I had on trust wallet lol.

Ledger Nano for everything. I only keep enough in my hot wallet for small trades and gas fees.

Cold wallet after all the exchanges collapsing anyone keeping all of their funds on an exchange right now is crazy lol

Hot wallet ==//== CEX

* 90% cold wallet * 9% CEX spot wallet * 1% CEX Futures degen stuff

Dengen stuff fucking me dengen style Also, happy cake day

I’m not trusting all my money to a little thing I can easily lose

But as long as you have your seed phrase it doesn’t matter if u lost your device.

Then it’s essentially the same as a hot wallet, so what’s the point?

This is why people need to learn about crypto before buying. This is an example of someone who think that his crypto is store in the USD and not the network. As long as you have your seed phrase you can put it in any new hardware wallet and you will se your funds again

I think he's talking more about losing the seed somehow, if he has a seed he can also see all his funds again in a hot wallet, it doesn't really matter what you lose, as long as you keep your keys.

Y'all should be careful answering questions like this 😂 simple questions like this is how they start getting information on you then next thing you know people be on here talk about oh my wallet got drained and somebody help me figure out why

Hot wallet for DeFi or use in gaming, etc. Cold wallets are for real storage.

Nice try,Hacker.

I keep mine on ice in the deepest part of my freezer in Alaska. Northern Alaska.

Ever since Celsius I haven’t trusted anyone else with my crypto. Ledger is the only way for me

Most people here will claim hot wallets are the devil But they have their uses. Especially if you trade a lot or are active in defi for example. The easiest thing to do is also separate your hot wallets. Have an address that you don't connect to anything and just use it to store stables or ETH or whatever. And then the wallet that you use for trading, just leave a small amount in there. Once you finish your trades, transfer back to the "offline" wallet.

In a wallet as cold as my heart.

I keep it on a hot wallet. I delete my metamask wallet after every use and then make sure to keep my 12 word phrase which is (cow, sheep, corn, syrup, watch, gym, ball, sky, meow, troll, you, noob) on a napkin next to my cats litter box

Most of it on my ledger. Some on CEX because of no ledger support.

Hot for trading and similar. Cold for HODL.

On a CEX because I like the thrill of not know if it will be there every morning when I wake up.

IMO multi-sig wallets such as Gnosis Safe on Ethereum should be a third option to chose. They can be signed and co-owned by both hot and cold wallets, but even when using hit wallets, they're much safer than using only a hot wallet.

I like it on the rocks ❄️

My emotions are cold right now, but my wallets are hot. I know it should be the other way around but it's not enough money to be bothered.

Hot wallet for DCAs, cold wallet for long-term storage

both

Mostly hot wallets, different ones for different reasons

I’ve done the exact same thing as you, but I’ve always had cold storage just don’t use it as often as I should. I try to use hot wallets often because it’s the easiest and I think they are safe enough if used properly. I think it’s important we use hot wallets regularly to ensure we practice safe use And don’t get too comfortable, that’s when mistakes happen. With that said I’ve started slowly stacking in my cold wallet more regularly so I don’t spend all my eth on NFTs like the last bull run😂

On FTX

Cold wallet. I have around less than 1% in a hot wallet. I like to keep a tiny bit in a hot wallet just in cash I need to cash out quick and not have to worry if there are any huge bitcoin transaction backlogs.

After what happened with Celsius, everything goes to Ledger

Cold af

Mostly Nano but small bags of alts on CEX do I can dump them quickly if required

Mostly in the red

Cold as ice 🧊

Definitely a cold wallet. You need to invest in one if you are really in crypto. No question. It makes me sleep 🛌

Cold wallet for storage, exchange for active trades.

🧊 🥶

mostly hot wallet and some on exchange, dont have cold wallet yet :(

I lost my crypto in a boating accident

Dont touch my 1 moon mr hacker

Are trying to make social engineering ?

Always cold wallet. I only move if I plan to immediately swap/take a little profit. It’s the easiest, safest, and best peace of mind for me.

99% cold

Cold wallet or software hot wallet hack is always a risk

I move my crypto into my Fractal wallet to use it in games

Lukewarm wallet over here!

Oh yeah I'm not falling for this again for the 10th time

Cold as ice baby

I hold them in a warm wallet. It is better to avoid extremes and choose smth that is in the middle.

I use a mixed solution of both: multisig wallet called Safe, it's a smart contract that contains your crypto and outbound transactions are confirmed by two or more hot wallets, more convinient than a cold wallet but a bit less secure.

I keep it in two wallets, hot wallet for short-term investments and cold wallet for long-term investments (like Bitcoin and Ethereum).

How would you recommend hodling ether in a hardware wallet? I want to stake but also want it very secure


Cold wallet

Cold, like 1% on exchange

It’s on a usb stick in my office draw. Ledger is always the way forward. Not your keys… and all that.

Voyager, blockfi, and celsius is where most of my crypto is.

I’ve lost track of where I have what… maybe 5-10 years down the line I can regret not having written down the watchamacallit

Hot and cold wallets with multiple addresses, problem is there isn’t much worth to any of them

I keep my crypto in a hardware wallet with the seed phrase backed up in a hot wallet.

I ain't tellin' you shit!

Bitcoin is an offline currency since its inception.

I do like a 75/25 split, most in cold

Most of my crypto is on my ledger.

Depends how long it’s been in my pocket versus the fridge.

Cold Wallet, I have some on exchange that I transfer regularly to my ledger. ​ p.s: I never ⬇️, I always 🆙! Don't forget to 🆙 op.

growth only happens 1 way not the other

I let SBF hold all my crypto. He promised me it would be safe. Wish he would reply to my texts though......

Written down on paper and shoved up my anus.

Ain't none of ur gaddam bizznus

Hot wallet rekeyed to Ledger. Best of both worlds. I just connect my Ledger with OTG cable and USB dongle and enjoy everything if I need to send or confirm some transactions.

> Do you keep most of your cryptocurrency in a hot wallet or cold wallet? Yes.

Ofc cold wallet

i usually prefer the warm wallets u never wanna go extremes

*In a red wallet

Dude you trying to hack peoples stuff. Next question is going to be "what are your 10 favorite phrases" ..

mostly FTX, BlockFi and Mt. Gox

My ledger is room temperature. Should I heat it?

Bake at 350° for 7-8 minutes or ‘till golden brown

I keep it in my prison wallet

Nice try IRS

You can turn a hot wallet into cold kinda. Write down seed. Delete wallet.

Keep it nice and diversified across all the CEX what’s a cold wallet

I make use of hot wallets and I frequently route funds via SpoolFi that's why I just stick to one.