FTX CEO, Sam Bankman-Fried has stated that there are “”some third-tier exchanges that are already secretly insolvent.” Celsius, CoinFlex, and Voyager have paused withdrawals already after losing customer funds. In this video, we will cover how to protect your funds with self custody wallets including Trust Wallet, Yoroi, Nami, Phantom, MetaMask, Coinbase Wallet, Samourai, Exodus, Cake Wallet, Trezor, and Ledger.
Self Custody Hot Wallets:
Trust Wallet – https://trustwallet.com/assets/
Nami Wallet – https://namiwallet.io/
Phantom Wallet – https://phantom.app/
Samourai Wallet – https://samouraiwallet.com/
Metamask – https://metamask.io/
Coinbase Wallet – https://www.coinbase.com/wallet
Exodus – https://www.exodus.com/status/#assets
Cake Wallet – https://cakewallet.com/
Tutorials:
Phantom (Solana) – https://www.youtube.com/watch?v=F1uv3XxXuxs&t=527s
Metamask (ETH) – https://www.youtube.com/watch?v=yS3d_jwCPjE&t=318s
Yoroi (Cardano) – https://www.youtube.com/watch?v=o_9tmSPeMAc&t=383s
Hardware Wallets:
πKeep Your Crypto Safe With Ledger Nanoπ
Link: https://shop.ledger.com/?r=106413d64227
Ledger Comparison-https://www.youtube.com/watch?v=2Yp7Fale0FY&t=24s
Ledger Supported Coins – https://www.ledger.com/supported-crypto-assets
Trezor Supported Coins – https://trezor.io/coins/
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πKeep Your Crypto Safe With Ledger Nanoπ
Link: https://shop.ledger.com/?r=106413d64227
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16 Comments
Self Custody Hot Wallets:
Trust Wallet – https://trustwallet.com/assets/
Nami Wallet – https://namiwallet.io/
Phantom Wallet – https://phantom.app/
Samourai Wallet – https://samouraiwallet.com/
Metamask – https://metamask.io/
Coinbase Wallet – https://www.coinbase.com/wallet
Exodus – https://www.exodus.com/status/#assets
Cake Wallet – https://cakewallet.com/
Tutorials:
Phantom (Solana) – https://www.youtube.com/watch?v=F1uv3XxXuxs&t=527s
Metamask (ETH) – https://www.youtube.com/watch?v=yS3d_jwCPjE&t=318s
Yoroi (Cardano) – https://www.youtube.com/watch?v=o_9tmSPeMAc&t=383s
Hardware Wallets:
πKeep Your Crypto Safe With Ledger Nanoπ
Link: https://shop.ledger.com/?r=106413d64227
Ledger Comparison-https://www.youtube.com/watch?v=2Yp7Fale0FY&t=24s
Ledger Supported Coins – https://www.ledger.com/supported-crypto-assets
Trezor Supported Coins – https://trezor.io/coins/
This < is exactly right. What's interesting about BTC right now is that it is in the process of retesting the quarterly mid range area as support on the weekly timeframe. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. <Meanwhile tradiing bitcoin options provide excellent opportunities for investors aiming to maximize gains while limiting their losses. Using multiple call(buy) options Khaldoun Eddie create a strategy capable of returns six times higher than the potential loss these can be used in bullish and bearish circumstances, depending on the investors expectations. :know that concentrating investments based on ones own convictions and homework, plus the ability to deal with losses, is the key to success….
πͺ thanks !!
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I have a ledger from like 2017 18ish that I lost moving and found is there a way to use it if I can't find the seed for it or can I just reset it to use again even if I can't recover my BTC off it
I was very scared yesterday, I heard what we know as FUD today but was told Kucoin was insolvent which is the exchange Iβve held money on for years. Thankfully the CEO cleared everything up, but still debating about sending a stable coin onto my Trezor
Coinbase wallet is Trash
As somebody who has some experience with stocks, I never trusted the 8%+ interest claims offered by exchanges. I tend to shy away from intangible risks, just like I do for chinese stocks. Risk vs reward does not compute if risk is unknown. All of my crypto is stored cold storage hardware wallet and my day to day is in metamask. I do not trade crypto, I plan my investments and timelines in advance. I ONLY interact with exchanges to liquidate which I do same day – deposit, sell, withdraw all at once. Exchanges are another unknown risk platform which your risk increases as your time on the platform increases. As far as I'm concerned, exchanges are only useful for their link to TradFi. If you're using an exchange to do anything other than interact with TradFi, you are taking on intangible risk and those chickens are coming home to roost right about now.
Too many traders are focused on reward. Before you even trade a crypto asset, you are already exposed to sector risk, market risk and platform risk. 8%+ yield is not and never was risk free.
Does anyone have any suggestions for BTC self custody (I own my keys) for IRA funds? Thanks
Great video thanks.
What is the best wallet for Luna Classic.
Why do wallets never list the coins they support in alphabetical order!!!
Rumor has it Kucoin went bankrupt too
Exodus has worked well for me, with no hitches. I also have both a Trezor (which I use) and a Ledger (which I really haven't yet).
So you need exchanges, but spreading fud and causing them to die, when there are no exchanges, the entire crypto is dead lol.
When the exchanges collapse, the crypto in your $200 hardware wallet is going to 0. And there will be no exchanges left for you to cash out to USD. FUD causing a bankrun hurts youselfs and all crypto holders
Thanks for this eye-opening video. I have atomic wallet and it has been pretty for the past three years. Exploring cold wallets for future use.