Is Your Crypto SAFE!? Here's How To Self Custody It NOW!!

[@CoinBureau]

There is nothing that beats holding your own keys. That's why self-custody should be the most important step for anyone entering the crypto space. I hope this video was helpful for you guys! Don't forget that you can follow me on my socials for all the content that you are missing here guy.coinbureau.com/socials/. You may also enjoy our clips channel which has livestreams and shorter form content kzbin.info/door/R93yACeNzxMSk6Y1cHM2pw

[@goodjuju4531]

Any thoughts on MUUN wallet? Is it safe?

[@jessicaalice1065]

Use trust wallet .. more perfect okay

[@jessewhitelo1187]

The "S" sound when you speak is too high, you may need something on the mic to absorb that or edit that kzbin.info/www/bejne/iqmXpaN3qLJqZqM

[@tltarzan678]

Can exodus wallets download in Mac ? I tried it doesn’t work

[@thinkofwhy]

Regarding seed phrase security, or that of any other database of secret info, the best practice is encryption and redundant DISTRIBUTED backups, both locally and cloud, the more the better. After all, only you have the encryption key to see them. My favourite is KeePassXC.

[@danharrigan5131]

Very unselfish and kind tutorial. Thanx. You've alleviated some major concerns.

[@The3Shogun]

My crypto is safely locked away in Voyager. They are so secure that even I can’t get it out. 👍

[@michaeljaycain912]

You can’t get it when you want it?

[@lindenschwarz101]

​@@michaeljaycain912 You missed the joke 😂 Voyager went bankrupt and restricted all fund withdrawals

[@DJ-uk5mm]

😂

[@simonalyc7557]

Nice,but why nobody tells you about how much it costs to transfer crypto from an exchange to a cold store wallet and back? This is a great topic for one of your future video's,or?? Thanks again for your commitment Guy !!!

[@jessicaalice1065]

All Free

[@enterthenameyo]

Wondering the same, and it's what's keeping me from buying a cold wallet

[@somesteak6100]

To send it to Ledger, BTC it's usually $2.50-$4 and ETH is around $1-$3. Always changes but this seems to be standard right now

[@steffenmoss7119]

Ellipal titan was about $4 between accounts for me and if you want to remove them off the cold wallet to binance you need Eth else they are stuck

[@MarylandGuy-ey3st]

@@enterthenameyo when you lose all your crypto in an exchange collapse you’ll wished you paid a small gas fee

[@matthewsnively7474]

FYI, my Exodus wallet was hacked in 2020. Exodus prepared a forensic report which determined that the hack came from within Exodus.

[@mareemeadows]

Life has been so tough and rough since the outbreak of covid-19 but there are still ways to live a fulfilled and planned life. Investment is one of the best way to live a fulfilled life because you invest in your future.

[@Zordiak]

As a web developer, I would be veeeery weary about using a browser wallet. Malicious extensions and websites may be able to scape info out of your wallet. Particularly when you're using it. For small amounts it's probably fine, but I wouldn't use it for anything over a few thousand bucks.

[@jaycanode]

Metamask supports Fantom, Avax, Aribitrum, Cronos, BNB to name a few. Not just ERC-20 as you stated.

[@johnleetch1022]

Great as usual,as a newbie, I had bought a trezor and was not very confident at useing it. With the recent carry on I decided to get it off exchanges and went to trezor suite I o , when I tried to connect a message said I needed to send my seed phrase as there was a problem. Well you can guess the rest, I knew you should never give your seed phrase but it was on the trezor I o site . I wish they had a proper app. Fortunately I did not loose that much and it was a very good lesson. Education always seems to be painful or expensive. So watch the sites and never give seed phrases

[@14lou]

"... a message said I needed to send my seed phrase as there was a problem" *A huge red flag!*

[@syman3534]

Thanks for sharing this lesson - glad u did not loose to much

[@joelharrisstudio]

Thank you ! Ordered my Ledger and I should have it delivered in a few days! Looking forward to less sleepless nights and more peace of mind!! Thank you for this info!!! 🎉❤🎉❤🎉❤

[@viharsarok]

Thug: Send me your crypto. Coin Bureau: But I don't have any. See? There's no crypto wallet on my phone. Thug: You're literally the guy from KZbin.

[@TheVeganTravelShow]

Crypto has a steep learning curve. For new investors it’s like diving in the pool not even knowing how to swim. That’s why so many people get rekt.

[@martinwoldring5073]

Richard Heart is been saying this for years... and they call him... a scammer 🤣

[@ivorheadache]

Thabk you for the brilliant content as always Guy. You are helping so many people around the world. Kudos

[@4HUJA]

Maybe I missed it, but I really like the passphrase feature some of the hardware wallets have for added security.

[@14lou]

Good point. It is said to be only for advanced users, but it is easy enough and adds security once you come to grips with maintaining a secure backup. It's a form of defence against the $5 wrench attack. I would definitely use it if I had enough to worry about.

[@4HUJA]

@@14lou Exactly. I even have multiple pass phrases, unfortunately only one can be used with a PIN. I don't hold much either, but thought it would be a good practice to start with right away.

[@c.a.s.3833]

Your crypto videos are the best thing going. Keep up the great work.

[@chrisseller2276]

i dunno, but it is still to complicated for mass adaption. I see Burglars now not looking for money, but for the seed words 😎

[@DrCryptoAlex]

SafePal is a new awesome HW , better than Ledger or Trezor

[@kamanyiro5903]

That 5 dollar wrench analogy had me laughing so hard I had to rewind some of the video.

[@SuffraGette-qh6oy]

Great vid. Now, how about a video on Dubai? With your teams great research ability , im sure it would make a really interesting video!

[@TrezorWallet]

Great video! Thanks for spreading the word🔒

[@kennycarneal6765]

With the mainstream media pushing FTX, that should have been a red flag right there. That's one reason why I never bothered with the exchange, the other reason was I didn't trust the dude. He looks shady as hell.

[@Adam-vv6xl]

If people can't trust exchanges but can't afford to pay the high fees of taking it off exchanges how is crypto ever supposed become more mainstream?

[@mikatu]

if people don't trust the banks how will money become mainsteam??? DUH!

[@samperry8386]

Just use Matic with small amounts and for games. Store value in BTC. The gas fees on Matic are between $0.0005 to a whopping $0.01.... Yes the most ive ever paid is about a cent.....

[@slayer5457]

I prefer the BitBox02 Hardware Wallet.

[@royed31]

a cold wallet has other potential risks, including theft of the device, damage of the device loss of the wallet and even loss of the password. So even cold wallets are not foolproof. Estimated that already over 2 million Bitcoin have been lost due to lost passwords

[@phusion1337]

That NGRAVE wallet looks amazing! I had not previously heard of it and will likely be getting one -- hoping they add BSC and Polygon network sooooooon though.

[@Il-Cappuccino]

If you have good amount of crypto, its really the safest and coldest wallet. I even know the CEO. He is incredibly smart guy

[@ASI_Crypto]

Very informative as usual. Thank you for breaking down all our options. Would appreciate some analysis and projection for the market rebound.

[@samperry8386]

Dec22

[@nicolehines4418]

Thank you for all this information!! I plan to get one of these.

[@SurfScout]

Hey Guy! Any updates on your NFT portfolio? They used to be listed in your newsletter after your portfolio info but I don't see them anymore. Have I missed that announcement or are you still holding your MAYC and Meebit? Have you added any others? Anyway, keep up the stellar work, cheers!

[@CameronWall]

I don't have the private keys to my retail bank vault either and I am sure they are loaning out my funds to other people.

[@BMWHP2]

Bitvavo, (Netherlands) is regulated and garanteed to €100k per client. For theft and bankruptcy of Bitvavo.. So when below that amount, it is as safe as othe FIAT banks in Netherlands.

[@fred1960]

Even if you avoid exchanges, every transaction costs money. So far for exchanging money without someone inbetween; still gonna cost you. No thing like real cash.

[@maskedkoko4880]

Coin bureau. Is one of the best things to happen to crypto since it’s invention with BTC please take this again as a great complement and hope it’s good motivation to continue with the work. Personally have bought beanie from the merch store. Thinking about buying a steel word protector. Your work is greatly appreciated so. Thank you guy.

[@woritsez]

car sales man

[@tatradak]

Same as money in the bank or stocks and shares... If you don't physically hold it in your custody then it could turn into dust!!

[@ichiara07]

trust wallet was hacked and mine was drained, support is horrible and they donot want to be responsible for recovery

[@ichiara07]

@Anime Series and Cartoons Recapped only scammers claim to help, all they do is demand payment, they’re no different than hacker, everyone is a scammer until proven otherwise

[@ichiara07]

like i said scammers only requested payment, i suggest you stop making recommendations, scammers only intension is to rob people’s hard earned money

[@jongoth]

thanks Guy. Glad to know I'm self-custodying correctly :-) You forgot to include the link to those Steel seedphrase things though and I' like to get one

[@michealegbuna9089]

Wonderful video; are you familiar with Grizzly? I would also like you to create a film about them if it's the only platform that caters to and values its people.

[@eey8909]

why didn't he mention wright your key on a paper wallet... Cant think of safer one!

[@joshuavanwormer4955]

Thank you for this!

[@dominandoful]

amazing video

[@keiplanvonuet7485]

I hope Arweave gets ledger support soon.

[@jessicaalice1065]

Hopefully

[@36louieboy]

@uPtrade why u think that? It's not even an erc20 token.

[@austinholland8702]

Why? If you don’t mind me asking

[@Nrek_AI]

@uPtrade the prompt is like a warning for you to double check it yourself. It's not a confirmation. Are you sure you haven't been throwing away your Arweave? Do you even see it listed on the ledger?

[@jeanricotvincent8024]

Saitapro wallet is another one on the market now.

[@misterwatson3337]

do u still give free credit for FTX?

[@jackspence625]

I think this video is timely. I attempted to send crypto from Coinbase to a hardware wallet. It disappeared into the ether. Coinbase customer service offered no help whatsoever. Fortunately, it wasn't a great deal of money. Naturally, I converted the rest of the account into cash and sent it to my bank account, another high risk institution. From there it was converted into metals. To answer potential questions ahead of time: Yes, I followed the instructions, and yes, I verified the keys for times before proceeding.

[@14lou]

Sounds like you used the wrong network and/or address

[@jackspence625]

@@14lou That's possible, but I was being very careful. The lack of suggestions or any sort of help from customer service definitely led me away from the company. The fact that many of these exchanges are going bankrupt doesn't help, although I believe the Coinbase is still solvent.

[@14lou]

@@jackspence625 In the early days, I made the mistake of trusting the address on my clipboard was the right one; it wasn't so lost it. There was nothing the exchange could do to retrieve it, but it was a good lesson to learn early!

[@brianleabo6295]

I keep a small amount of cardano stored on youri wallet for staking. But al my other crypto is on my ledger x and in a fire proof safe in a emp safe bag . And i have two sets of metal key words and not in the same place one with my ledger and the pther just as safe .

[@rick69va]

Why do you never talk about Paper Wallets. Or better still engraved metal wallets? These is properly protected against theft or destruction are even safer than electronic wallets which can also be damaged, stolen, or fail to work properly? (Paper Wallets are totally free (after the cost of the paper and pen/ink)

[@jeffgoines5666]

Also just a friendly reminder that the Cardano protocol lets you stake your ADA while retaining it in your hardware wallet... just saying

[@marketwatchwolf1024]

u should have told us this story before all the marketing u did for ftt

[@-zerocool-]

We do need better hardware wallets and better mobile and desktop apps to support them and support all the chains including the newest as fast as possible. Nobody ever says anything about SafePal wallet, which I find is awesome!

[@owenmaddocks1506]

Is it Diddley Squit or is it Diddley Squat? Personally I'm from the diddly squit camp.

[@ØzymanÐias1]

Metamask when you can get Rabby or Frame... Come on !

[@matthewpepler9673]

Thank you brother 🙏 I've been following you for quite a while and appreciate your grasp of what's happening in our world at present! I'm wondering if there is a step by step video on moving crypto from coin spot to an Ellipal Titan with Ellipal Mnemonic metal? Or if you could point me in the direction of where I could find this please!? Thank you in advance and keep up the great work, regards!

[@floxy20]

So, tell me how the value of your holdings increases by storing it this way? It seems it is equivalent to putting cash under a mattress. At least keeping it at an exchange was a strategy to offer returns - even though the ridiculous yields touted were sure signs of fraud. My advice is to sell everything now and put your money in a bank savings account until you learn something about proper investing. The normal reaction when you burn your hand on a stove is to move it away quickly.

[@hirushadeshan3482]

Thank you!

[@CrystalSmack]

I should not trust third party websites for hardware wallets but your deals are third party websites that link to the official Trezor page. So if I follow your video I should not trust your link. A promo code wich you have to type yourself in the checkout on the official website would be better tbh.

[@manuelojeda9144]

Can you use a HARDWARE WALLET ON YOUR SMARTPHONE.? I DON'T HAVE A 🖥️ .

[@reaperreviewuk7590]

Ledger.

[@personaltrainer1024]

I'm not really worried about the security of my crypto assets as they are kept on Bitfinex. Even amidst FTX collapse I still trust this platform as before.

[@SandeepKumar-go5it]

Hi, could you please advise about pre sale coins .... orbeon protocol?????

[@mikeholmbergnielsen8206]

Bitcoin price 30/12 2022 well be 12400 USD or 12559 USD.

[@balint65]

I bought the Binance backed Safepal hardware wallet, it's much more affordable and it's looking safe and secure, it would worth a review or a mention!

[@Sterzy08]

This is amazing. I hope you make a video about Grizzlyfi soon.its reliable and pumping

[@mohmda4449]

How about swissborg??

[@zabik7221]

Voyager,Celsuis and BlockFi might recover they have like 60 percent chance but FTXUS and FXT will never recover bot in a billion years! Sorry 😢

[@stacksats1]

You forgot to mention the Bitbox hw wallet ..

[@Originalimoc]

Missed the best option: an old phone that's set to be offline forever. Basically free hardware wallet. Software like Airgap Vault/imToken/Tokenpocket/Nova all support this hot-cold combo use case. And you don't even need to trust them as they have no internet access to send your key out.

[@14lou]

Hmm, I would think you'd need to destroy its comms to ensure it's offline "forever", but even then, it would be missing some security features in a hardware wallet and signing transactions could be problematic.

[@Originalimoc]

@@14lou I can't think anything major that's missing. Maybe intrusion detection. Else? Breaking phone encryption is as hard as anything else.

[@Originalimoc]

Better import your own key, not using its generator.

[@sawchchhall007]

I have Question if you can please answer, Thank you in advance. example if i have a hardware wallet and I have stored all my crypto from FTX purchase, now that the exchange closed can i be able to use Biance to withdraw and sell my coin, thank you again

[@Rocket_Man]

Yoo back at it again😅😂

[@whypree_tho]

The most important video of the century

[@CCerwin]

We got a 5 cent piece of led for that 5 dollar hammer 🤣

[@riznordinx]

Besides metamask, are all the other wallets you mentioned multicoin, or specifically able to store btc and eth? Tq

[@polunio4197]

Don,t trust your money with the kids

[@didarmasaud7884]

can we get a terra luna classic analysis to see if the project still has hope to recover.

[@brunooliveira7127]

Hello, should I only have one wallet, or should I separate my assets in a lot of different wallets?

[@-joe-davidson]

How do you feel about Arculus?

[@daveindallas8309]

$5 wrench attach. - More likely if you are sporting Crypto outerwear?? Just asking for a friend.

[@aselwyn1]

you say to only buy from offical stores otherwise you might get a already setup one with someone else knowing the private keys. aslong as you reset it and start fresh shouldn't you be good anyway?

[@kmarquez6362]

To my knowledge, after you reset it, it gives you the same phrase it holds before. I think.

[@jmlason8862]

Great content and great channel. Thanks!

[@SanjayFGeorge]

Anybody have any idea about Midas and how safe or unsafe it is?

[@vadimcheckorsky600]

Is it possible to separate principal from interest? Yes, Resonate does it. It allows you receive payment on the future rights to your yield. You get a guaranteed upfront payment in exchange for selling off the rights to a yield bearing position to somebody who wants to pay you upfront now. resonate finance

[@Zoofrenz]

ETH got MetaMask, how bout Bitcoin? next video?

[@Steph1]

I used electrum and got it from the official website. Still, almost lost my BTC to hackers when the application told me I should update the version before sending a transaction. Self custody has just as much risk as CeFi, it’s just different risks 🤷🏻‍♂️

[@14lou]

"the application" doesn't sound like Exodus, and if it were, the "update" must not have come from Exodus.

[@violina1509]

A question: Once the crypto is moved to a cold wallet (Ledger s nano), could it be traded with? I feel its a silly question, but I had to ask🙂

[@TripleDDDD]

you have to send it to an exchange, trade and then send back to your cold wallet again. Wich costs fees.

[@kavehsarkhanlou8608]

not ro be the correction pen here but easy to use UI not AI. great video tho thank you.

[@kungfucowboy1]

Are all my NFTs at Opensea at risk?

[@bspiderm]

So how are you sure that the wallet companies do not steal your seed phrase??? If they made the wallet, then they must have a way to see your seed phrase no????

[@andreavandekleut6379]

brave wallet is extremely hard to use , specially for beginnners. they have so many different bridges and Dapps. it is madening! i quit them after not getting my Uphold card , and making my tokens pretty much un accessible to me let alone sending them anywhere. and after so many questions to " support m they finally blocked me out ,

[@graemegladman]

The safest way to store any Crypto is to convert it into silver, and don't tell the Government.

[@violina1509]

I've got some Bitcoin on my Revolut bank account and having difficulties moving it to my cold wallet. I read some time ago that Revolut customers in UK (where I live) have this option, but I struggle finding it. Anyone who has done it?? thank you.

[@garyshank7401]

Am i correct in assuming my staked ETH on Coinbase cannot be transferred to my cold wallet?

[@lindiigerum7567]

Any thoughts about bcvault hardware wallet?

[@ericeandco]

How safe is uninsured money backed by nothing?

[@trut1960]

thank you

[@Ryan-xw5qb]

Metamask doesn't only support ethereum.

[@Rocket_Man]

Can you please talk safety of cold and hot wallets ie which are good in both

[@Rocket_Man]

Omg thanks Guy frfr

[@TheFredrickj6288]

Why is Cronos being delisted from exchanges?

[@vt9853]

Hi Guy, Thanks for the very informative clip on Wallets. I am looking to buy a Trezor and cannot find your coupon to obtain the discount and support your program. Can you please assist. Thanks V

[@neku2741]

I bought and use safepal. Is it good?

[@bsh3409]

Thanks Guy, it looks even experts where bluffed by ftx, so I suggest to make episode concentrating on exchanges proof of reserve, auditing via global auditing company like Ernst & Young and others, this as necessity and as regulations rule...Regards

[@daoudkhalil4431]

is staking ada on daedalus safe ?