I really hate how nowadays crypto is seen more as a stock then an actual currency.
@paradiseexpress36392 жыл бұрын
It's only seen as a stock by people who don't actually use it
@theotherohlourdespadua11312 жыл бұрын
Because that is how it is being sold to the public...
@toxiccan1752 жыл бұрын
Because the majority of interest in it is currency trading and speculation. Crypto won’t usurp controlled centralized currencies if the controllers can help it
@marcogenovesi85702 жыл бұрын
@@paradiseexpress3639 the point is that nobody actually uses it, so it's only traded as stock or used for tokenomics
@steel58972 жыл бұрын
Crypto investors are all moonboys, no one cares about actual use-case or the metaverse or any other BS like that. Someone I know worked on an utility project for scanning NFT collections and spotting undervalued listings and such, hunting for certain traits, and other useful things. The tool had a specific currency attached to it that you had to hold and burn to use the tool's features. Long story short, the value of that coin went up and up and up and up before the tool was even released, but the moment the tool released and it became an actual product, the coin TANKED and kept tanking and never recovered. It turns out less than 5% of holders were actually interested in using the tool, the other 95% were moonboys looking to get in early and get out with profit at the "top" (aka when the tool launches). Moral of the story is, crypto is the most speculative bullshit in existence, it's not about use-case or an actual product at all, it's all tulip mania shit.
@jmtradacc2 жыл бұрын
Runescape gold is a more trustworthy investment than 99% of cryptos
@lukemorgan61662 жыл бұрын
Buying gf Buying gf Buying gf
@escre2 жыл бұрын
I would invest heavily in runescape commodities if RWT wasn't a bannable offense
@Aereto2 жыл бұрын
@@escre Or Jagex is aware of how abusable it is and hence why they stay away from RWT. With Crypto and NFTs, the company's prudence is proven to be spot on
@JamesWilson012 жыл бұрын
If you don't own the private keys, you don't own the crypto. It's that simple. I don't know how people still don't get this. So many big exchanges have gone bust, hacked or scammed but people don't learn and keep $$$$$ on exchanges. They literally don't know how to even send a crypto transaction!!! It's not like Electrum or Feather wallets are hard to learn. 30 minutes tops. Extra points for using on offset seed as a decoy 😁
@JamesWilson012 жыл бұрын
@@neighbor472 That was my answer too until a few months ago when I tried Feather. If you like Electrum, Feather's basically the Monero version.
@su8z3r032 жыл бұрын
My oh my....And if your private keys were stolen, Then what could you do?
@JamesWilson012 жыл бұрын
@@su8z3r03 Make sure you have backups and that they are encrypted with a very strong password! If you mean the human-readable seed written on papaer, have a look into a feature called passphrase offset. It's very cool and allows you to make a decoy low value wallet if someone reads the words on the paper but doesn't know the secret 😉
@Carnyzzle2 жыл бұрын
@@su8z3r03 Even if my keys get stolen, the way my hardware wallets works is that they won't be able to access anything unless they know what my seed phrase is
@genialisimo12 жыл бұрын
I thing you should just keep a % of your crypto assets if you wanna stack/get some interest. Be it crypto or fiat if possible you should never have all your eggs in one basket
@robertg16482 жыл бұрын
As an Amish person, with no password manager, I approve of this video.
@sirjerearchive13422 жыл бұрын
Why are you using a phone then?
@mikko85792 жыл бұрын
🤨
@SirGarthur2 жыл бұрын
Getting woke, obviously.
@athanasiospapazoglou73102 жыл бұрын
It's hard work and sacrifice , leaving in an amish paradise
@pictotalk2 жыл бұрын
@@athanasiospapazoglou7310 yup
@xmvziron2 жыл бұрын
STOP USING CUSTODIAL WALLETS!! I'm tired of seeing them!! All my friends are using them! On Discord they're using it!
@alejomakevids2 жыл бұрын
thank god I left discord a couple of years ago. I feel more at peace.
@RERM0012 жыл бұрын
@@alejomakevids I got banned without warning on adam something's discord, never used it since.
@MixedVictor2 жыл бұрын
I was on a server right? AND ALL OF THE CHANNELS WERE ABOUT CUSTODIAL WALLETS!
@QmVuamFtaW42 жыл бұрын
@@alejomakevids i got banned from discord for having sexual chat with the bot i made.....
@helper_bot2 жыл бұрын
exactly what i thought when i read the title, clicked because im interested to knowing crypto because after 5 years i still dont understand why people put transaction logs on the internet
@jaybarton457 Жыл бұрын
Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Invest wisely.
@kennybrown9376 Жыл бұрын
Of course, good and profitable signals are the major key to successful trading.
@davidg.prater Жыл бұрын
There is an opportunity for newbies to capitalize on, It's quite a shame people can't see this, trading is everything right now.
@edinsontah595 Жыл бұрын
It always success with Gregory Dubravko.
@marvinkrischna840010 ай бұрын
@@edinsontah595 no
@Maebbie2 жыл бұрын
"I lost x amount fiat currency" "I made x amount of fiat currency but didnt sell" enjoy your inflation
@LuisC72 жыл бұрын
True, doing it for the money when it's gonna be worth nothing unfortunately more soon than I hope
@JamesWilson012 жыл бұрын
For storage of large amounts you should make an offline paper wallet (cold storage) which can only accept incoming payments until you connect it to the internet. That's the ultimate based method 👍
@franciskafieh2 жыл бұрын
This is a lot of effort, though... If you're investing big, try a Ledger or a Trezor. Secure if you upgrade frequently and don't give out your keys
@JamesWilson012 жыл бұрын
@@franciskafieh I'll admit I haven't tried any commercial hardware wallet but making a paper wallet isn't difficult at all. There are webpages you can download and run offline that print the wallet for you. The difficult part is storing it securely but a bank safe is a good option for that, like it would be for gold etc.
@franciskafieh2 жыл бұрын
@@JamesWilson01 You're right, it's easy to make. Just talking about ease of transferring to sell, make payments, etc. Paper wallet is completely fine if your house doesn't flood and you're going to HODL. But honestly, crypto wallets are pretty cheap. If you're holding millions, you might as well pay a hundred bucks
@JamesWilson012 жыл бұрын
@@franciskafieh They both have they're ups and downs. Once you take a paper wallet online to spend something it's now a hot wallet so you have to make a new paper one for cold storage. They're really only convenient for holding, which is what they're designed for. I don't know any real details of hardware wallets other than they're not free and you have to trust them but lots of people say lots of good things about them so there must be advantages there too!
@bearwolffish2 жыл бұрын
I feel you but paper is weak af. Brain is great but has similar issues. The fireproof/waterproof slabs with the tiles, are fully worth it if you have any real amount.
@xmvziron2 жыл бұрын
The Bogdanoffs came back from the dead only to say "dump it" one last time
@WiseOwl_14082 жыл бұрын
They want to make money from it. They don't care about the intended purpose.
@perz1val2 жыл бұрын
But what is the intended purpose? Crypto has horrendously expensive transaction fees, it's useless as everyday money.
@bhaalgorn2 жыл бұрын
@@perz1val please inform me of the transaction fees of layer 2s of ethereum, nano, monero. Learn about stuff before talking shit.
@BurgerKingHarkinian2 жыл бұрын
@@perz1val wrong. Just because BTC and ETH have (or had?) outrageous transaction fees doesn't mean that every cryptocurrency does.
@TehObLiVioUs2 жыл бұрын
that's what i saiddddd lollllllll 80% of people think of crypto as the numbers game, like a stonk
@taunull2 жыл бұрын
Custodial wallets are a ripoff. Most of them have such a high "minimum withdrawable amount" that even if you make some profit by trading you still can't withdraw it. Granted not all wallets do that stuff and you have to pay gas fees but the wallets that have this arbitrary restriction don't state that before you deposit your funds
@rasic70412 жыл бұрын
@my real name i checked if i can cashout in my country on their site before using their app and it said i can. Now my account is mysteriously restricted after i dumped money on it and i cant sell. Avoid yourself the headache
@isaacandersen12 жыл бұрын
I love that you are a crypto person who actually understands the point of crypto.
@XaifaxVT2 жыл бұрын
"They can't sell your stocks without your permission" - Tell that to Robinhood
@johnchristian77882 жыл бұрын
I find it sad that there are still people who use Robinhood because of user interface.
@XaifaxVT2 жыл бұрын
@@johnchristian7788 It drives me nuts, I got a friend who I routinely bug with the latest crap they do or are found out about who just refuses to move over his portfolio.
@k98killer2 жыл бұрын
"Not your keys, not your coins." - Max Keiser "It isn't clear to me the benefit of betting on a losing horse when the experience of history has shown us that there are only two real cryptocurrencies. So, listen to shitcoiners at your own peril." - Peter B. Jordanson
@TheRealTedNeal2 жыл бұрын
I was in Voyager early on. I ended up dipping out after they never allowed me to transfer VeChain to my actual wallet even after multiple support tickets submitted. I left and keep everything on my actual wallet now. Glad I did.
@joeycommet452 жыл бұрын
Live and learn.
@sebotrp2 жыл бұрын
Friendly reminder that there are people out there who hold their crypto on exchanges long term some even with a goal of holding for 5+ years so imagine a guy who had like 10 bitcoins that he purchased many years ago for reasonably cheap and he kept those coins on an exchange that went bankrupt without him even realizing as he's one of those who "buy and forget" peopel and one day when he decides to finally after many years check his account only to find out that it doesn't even exist anymore and his bitcoins are now gone.
@MCAndrew3602 жыл бұрын
ok?
@Frog_Scooper2 жыл бұрын
If you don't own the keys, you don't own the crypto. I hate that custodial wallets even exist. It's like having an encryption company keeping all your PGP keys for you
@holdenwinters682 жыл бұрын
DON'T use safety deposit boxes. They get seized and "misplaced" all the time.
@jamesedwards39232 жыл бұрын
I have a public playlist explaing this. Also, a lot of finanical institutions are moving away fromit.
@DoublesC2 жыл бұрын
6:20 But... but in Web 3.0 you don't need a password manager! Everything is decentralised! So the wallet knows to whom he belongs and who he does not belong! /s
@marcogenovesi85702 жыл бұрын
It's all magic you know
@cd-yx3nv2 жыл бұрын
WHAT DOES /S MEAN I DONT UNDERSTAND I DONT UNDERSTAND I DONT UNDERSTAND I DONT UNDERSTAND I DONT UNDERSTAND I DONT UNDERSTAND I DONT UNDERSTAND THE VOICES THE VOICES THE VOICES THE VOICES THE VOICES THE VOICES
@miuzoreyes65472 жыл бұрын
@@cd-yx3nv if you're serious, it's a reddit thing where you point out that the sentence is, indeed, sarcasm or a joke. At least I'm pretty sure that's what it means.
@spacepiracy15522 жыл бұрын
@@cd-yx3nv sarcasm indicator either when you want to be obvious about it or are dealing with people who cant tell
@John_Smith1002 жыл бұрын
I HATE THE WEB 3.0! I HATE THE WEB 3.0! I HATE THE WEB 3.0!
@ethandye87642 жыл бұрын
shit, I lost 2 wallets back in the 2010's that had more than 2 btc I them because I didn't back anything up or write my info down, it haunts me sometimes...
@theultijim2 жыл бұрын
0:45 this is the first time i've seen mental outlaw genuinely angry and it is the funniest shit ever LOL
@EulerJr_2 жыл бұрын
That part was funny asf 😂
@steel58972 жыл бұрын
It's been nothing but exploits, outages, scams and massive crashes in the crypto market this year. Trust is hard to get and easy to lose. Combine that with actual global recession looming and I doubt this is even close to the bottom. I'm personally not going to hold anything through this, just going to keep some stables in exchanges to try some shorts (I don't recommend doing this)
@highbread8172 жыл бұрын
I've been trading for the last couple of years If you don't trade massive size then decentralized CEXs like DYDX are a pretty good option
@Fractal_322 жыл бұрын
This year? Have you never looked into the past, I mean Mt. Gox is the first place my mind goes when it comes to trusting an exchange. (I’m highly critical of exchanges especially since they centralize a decentralized currency.)
@nathanbustamante14792 жыл бұрын
Wut lmfao 99% of defi is stronger than ever , Eth has never had downtime….
@anythingbutASIC2 жыл бұрын
They wanted convienence and comfort what they got was more of the same.
@goredonfreakman56202 жыл бұрын
>Password manager in (current year) My trusty pile of notebooks, with are inside a safe, buried beneath my dog's house, completely decimates your electrical gay box of spinning disks.
@marcogenovesi85702 жыл бұрын
FBI: interesting.... (taking notes)
@gestucvolonor50692 жыл бұрын
But how do you log into your accounts? You dig it up every time?
@morelia10283 ай бұрын
Unfathomably based
@stiprus_garsas2 жыл бұрын
doggydoogeroos to the moon
@thischanneldoesntexist67792 жыл бұрын
"They're gonna auction off your doggy-doo coins." My favorite quote of the month.
@bradenculver74572 жыл бұрын
Going to five guys and getting tendies? Truly a cryptokiddy
@58geniusplayer2 жыл бұрын
The EU is currently working on banning non-custodial wallets
@DISASTERJOE2 жыл бұрын
lmao
@tjaytje2 жыл бұрын
i would like to see them try, they can and will never stop it!
@kdash26572 жыл бұрын
Lel
@Jupiter__001_2 жыл бұрын
How would they achieve that without surveillance software on every computer? I guess they could use traffic analysis to detect cryptocurrency transfers.
@58geniusplayer2 жыл бұрын
@@Jupiter__001_ Don’t know, they want to force KYC on every non-custodial wallet😂
@BitcoinNewsTodayLive2 жыл бұрын
Just added this to our wallet playlist, keep up the great work!
@spurdosparde81972 жыл бұрын
buy high sell low
@ChudBogdanoff2 жыл бұрын
The 0:46 part is a masterpiece. I can’t stop rewatching this
@gr0wnup52 жыл бұрын
Modern Money Crimes are so sneaky and public at same time! Pause all activity > File Bankruptcy > Escape with funds 💀
@just-mees2 жыл бұрын
Crypto bros are just actual chatbots at this point Thanks for making me use keypassSC btw, thanks to your videos I am now completely safe.
@batemanboi96722 жыл бұрын
NOT YOUR KEYS NOT YOUR COINS NOT YOUR KEYS NOT YOUR COINS NOT YOUR KEYS NOT YOUR COINS NOT YOUR KEYS NOT YOUR COINS
@cmf14022 жыл бұрын
The corgie clip was perfect.
@Kankooro2 жыл бұрын
This just might be the year that trust is lost in crypto.
@AcidiFy5742 жыл бұрын
Remember the Freedom convoy incident
@astrea5552 жыл бұрын
>drop this video >btc also drops AAAAAAAAAAAAAH
@MentalOutlaw2 жыл бұрын
>XMR is up >Converts [REDACTED] XMR into [REDACTED] BTC always buy the dip anonymously.
@teleprototype2 жыл бұрын
@@MentalOutlaw Id rather yeet options contracts. Been doing great in both the bull and bear markets
@Ultrajamz2 жыл бұрын
The issue is then, it would make using an exchange a big pain to have to keep moving it on and off.
@franciskafieh2 жыл бұрын
It's really not as difficult as it seems. Crypto transfers are (usually) fast depending on the network. I have a Ledger Nano and it's working fine for me. Just make sure you use an exchange with no exchange->wallet withdrawal fees.
@hugohom22802 жыл бұрын
transactions take a few seconds to a few minutes
@aransin1672 жыл бұрын
@@franciskafieh what exchange has no transfer fees though?
@franciskafieh2 жыл бұрын
@@aransin167 I'm in Canada and I use newton. They don't charge any fees themselves, and they cover up to $5 worth of network fees. If u want to try it out, lmk and I'll give you a promo link so that we can both make some money lol. They have some of the best buy rates in canada. not sure if it's available outside of canada, might wanna check that out...
@franciskafieh2 жыл бұрын
I've never paid fees to withdraw. It will tell you before you withdraw if it is going to charge you, which is amazing. The only coin you might be paying network fees on is ETH, because the gas is so high.... Everything else I've tried... BTC, a bunch of altcoins, I've never been charged
@Dread_Pirate_Roberts_20136 ай бұрын
Man, you are an educator, thanks for this video! I wish I have known you before
@HeckenSalad2 жыл бұрын
I've always been kinda hesitant about password managers, but I think this video has pushed me over the edge to get one and start changing all my passwords and whatnot
@maridiancrest2432 жыл бұрын
You trust a password manager to not have backdoors?
@ashes4ashes1742 жыл бұрын
they don’t make fucking tenders at five guys
@colonelhacker36612 жыл бұрын
That's what I wanted to say.
@RatchetRorschach2 жыл бұрын
secret menu, go ask the CUSTODIAL behind their toilets
@zeos386sx2 жыл бұрын
Possession is 9/10ths of the law as they say.
@alejowtf9172 жыл бұрын
I was using Voyager because they offered 9% return on USDC, it was my college fund (I know) so I wanted to make some percentage off it since I wasn’t gonna use it for anything else besides its intended purpose. Lesson learned anyways
@your-mom-irl2 жыл бұрын
did you just lose everything?
@franciskafieh2 жыл бұрын
Yeah, that's the thing. Afaik Voyager had some of the best yields, but you need to transfer your crypto to their exchange to get the yields... I think most of those 'lending exchanges' work like that. Even if you have a hardware wallet, it becomes useless if your money isn't in it lol. Just gotta stick to normal staking I guess...
@pjd4182 жыл бұрын
anyone who guarantee's roi is a scam period
@alejowtf9172 жыл бұрын
@@your-mom-irl yeah. At least it wasn’t that much. I work full time to pay for my tuition so I just have to start working even more to recover the losses. I feel bad for the people that lost even more
@your-mom-irl2 жыл бұрын
@@alejowtf917 damn dude. i hope a class action or something can get you some money back
@vimproved2 жыл бұрын
I said this like 4 months ago, but it's even more true now that cryptobros are speedrunning the reason banking regulations exist
@uuu123432 жыл бұрын
Now, I'm no cryptographer yet, Im now just doing my Cryptography module but... I'm fairly sure the concept or learning points of crypto...is to secure your private key Secure your goddamn seed phrases Why is that so difficult to understand, especially if you're dealing with cryptocurrency Especially if you hold 2.5 million worth of cryptocurrency too
@GhostofTradition2 жыл бұрын
Bitcoin only. Keep it off an exchange. Own your keys.
@Crus0e2 жыл бұрын
Thanks! You are like the tech savvy older brother I never had
@YouShortz222 жыл бұрын
I've been saying this for years. I keep all mine on the ledger. Big 🧠
@Vamooso2 жыл бұрын
I like how you do the hard thinking for us (:
@Zakanuva2 жыл бұрын
Kinda unrelated, but I gotta say that including a Fort Knox walk-in gun safe with an Atlas Survival Shelters sticker on it in your B-roll footage is pretty freaking based!
@exorr812 жыл бұрын
Even the original bitcoin wallet on your Windows PC is safer than custodian wallets xd I actually just got myself a ledger nano s and so far im pretty happy
@omt48732 жыл бұрын
I like how certain platforms advertise defi on centralized exchanges
@CU.SpaceCowboy2 жыл бұрын
backup important stuff to dvd. wont f up. like ever. not affected by magnets. doesn’t one day randomly f up and lose data
@szpajsier2 жыл бұрын
CDs/DVDs may rot after few years, depending on quality. Be sure to "refresh" your backups regularly.
@dontrelljanuary98992 жыл бұрын
I’m at work laughing way too hard. Gotta come back and watch this later 😭
@oniondip_4202 жыл бұрын
Lol I used voyager for like a month two years ago but never fully closed my account due to the fractions of a cent left over after I emptied all my money out, hoping that one day I’d be able to squeeze another cent or two out of the account lol. But more realistically I never open the app ever and only get emails from the company and watching them slowly go belly up has been actually very entertaining lmaoooo
@Catge2 жыл бұрын
Thank you for the advice as usual Kenny
@travis57322 жыл бұрын
This aged very well
@namenlosNamenlos Жыл бұрын
True indeed.
@adult932 жыл бұрын
Damn your impression with the doggie doos had me rolling
@semioval2 жыл бұрын
What ia kudistoal wallets? I don't know about it
@MentalOutlaw2 жыл бұрын
Give me all your crypto, and I'll totally keep it safe™ That's what a custodial wallet is.
@robertpaulson87902 жыл бұрын
Well if you spell the word the way it says in the title and type it into a search engine instead of youtube you can find out
@stiprus_garsas2 жыл бұрын
e. g. binance and similar
@JamesWilson012 жыл бұрын
Where you don't (exclusively) own the private keys to the wallet.
@the_null_man2 жыл бұрын
@Rise Of Gru 🅥 the balls to say it in the same chat as the channel creator XD (P.S. I know that it's a bot, I just find it funny)
@Yor_gamma_ix_bae2 жыл бұрын
As soon as I saw that they were lending based on crypto . I knew it was going to blow up. Lending on a volatile currency has to be the dumbest idea anyone has come up with .
@stpnproskurnin2 жыл бұрын
I`ll watch it later, but my like is already yours! Keep on!
@computerscience58032 жыл бұрын
could you share with us your IT journey? would love to know about your experience
@willd46862 жыл бұрын
With a hardware wallet you still need to store your recovery phrase.
@idontwantachannelimjustcom77452 жыл бұрын
As soon as you said internet money i instantly went to south park when cartman made a viral video and wanted his internet money. Then the Mt gox meme of "and its gone".
@JamesWilson012 жыл бұрын
Anyone have any thoughts on which way Monero is going to go? Positive: There's a network upgrade in August with more privacy features and probably multisig transactions which are much more secure against theft. Also it's got the first mover advantage as a privacy coin. Negative: Bitcoin is introducing privacy features such as Lightning which in the worst case scenario could make Monero irrelevant. I'm still investing in Monero for now while it's cheap but have to admit to being a little worried because most people haven't even heard of Monero (yet!)
@Rakkoonn2 жыл бұрын
Monero is used on the darkweb. It's one of the few cryptos that is actually used as a currency, so it is one of the few that seems to be safe.
@DimaIns2 жыл бұрын
Lightning has nothing to do with privacy. DYOR ✌️
@JamesWilson012 жыл бұрын
@@Rakkoonn Yes, that's a good point. It means people actually buy and sell stuff with it so it will retain value while that continues. But what if bitcoin becomes just as private? Either it won't be trusted by the criminals and rejected as being backdoored by the glowies or it could have some great new feature and be completely open source in which case they gradually abandon monero. Oh well, I was a bitcoin early adopter who would be a multimillionaire now if I hadn't got excited by the unexpected high prices and sold far too soon. Won't make the same mistake again! 😉
@JamesWilson012 жыл бұрын
@@DimaIns I thought it made Taproot more private, but, yeah, it wasn't the best example for sure. In the end, it's not the names I'm bothered by though, it's the features themselves. I hope they're not trusted!
@JamesWilson012 жыл бұрын
@@BGP00 It won't be over for a while, that's one thing I'm fairly certain of at least. It does all come down to the timing though. A lot of crypto investors including myself are techies who don't have much experience with stocks which is both an advantage and a disadvantage 🤣
@Ultrajamz2 жыл бұрын
I know he ‘bout to drop that DoggyDo coin on us
@Amor19902 жыл бұрын
There is winners and losers in everything and how do we even know they’re telling the truth?
@undefined8792 жыл бұрын
And if you buy hardware wallet, you gotta be 100% sure it was not tampered with before you got it. It gotta have all the manufacturer's seals intact. There have been some incidents, where people got millions stolen off their supposedly secure wallet.
@christek2 жыл бұрын
If you’re not skeptical, you will be by the time crypto is done with you.
@Lobonova2 жыл бұрын
U dont know anything. Go flip some burgers
@christek2 жыл бұрын
@@Lobonova lol you read that totally wrong. Crypto was made by libertarians, for libertarians. Libertarians are skeptical by nature. I know you’ve got a smooth brain, but if you think about it really hard, what I’m saying will make sense. Just so you don’t hurt yourself, here’s a little help: skeptical people don’t use custodial wallets.
@Lobonova2 жыл бұрын
@@christek Autistic
@marcogenovesi85702 жыл бұрын
@@Lobonova nah fam, you need that job more than him
@Lobonova2 жыл бұрын
@@marcogenovesi8570 true
@baron_von_brunk2 жыл бұрын
Ah, a fellow Feed & Seed enthusiast, I see.
@cowboy_henk2 жыл бұрын
F O R M A L L Y C H U C K 'S
@MisfitHeroesReal2 жыл бұрын
One Thing I Learned Today: I found out that theres Chicken Tenders at Five Guys and I need them now
@EJTechandDIY2 жыл бұрын
Dont use a password manager for your keys, get a hardware wallet like Ledger or Trezor
@HaxxorElite2 жыл бұрын
Louis Rossmann has Futo on stream rn, you can ask em questions if u want, figured you'd habe good questions Kenny
@maxautism66022 жыл бұрын
I can like instantly because of the title. But people don't care, until they lose them :')
2 жыл бұрын
The main difference between investing in crypto and gambling is that with gambling, the odds are at least somewhat close to 50%. As for hardware wallets, I wouldn't store millions on them, because you can't copy the secret to another device off-site. I'd much rather generate a seed on a permanently offline machine, encrypt it, write it to various media (paper, USB, optical, whatever) and store one at home, one in a deposit box and one somewhere safe with a close relative. You need spare keys...
@hgbugalou2 жыл бұрын
Just moved all my ether and bitcoin to my own wallet a few weeks ago after a few of those custodial companies died and it made me see the writing on the wall. I used coin base, but I don't know how much longer they will last at the current rate. I think it will be in the dumper for the next 5 years while people lose interest in scams, regulatory frameworks are built, and shit coins die out. In the interim I will let my meger coins sit in my private wallet.
@NeverMetTheGuy2 жыл бұрын
Outlaw, any chance you plan to do a video explaining to people the value a password manager brings to the table? I've gone straight back to writing them on paper, but I'm a weirdo.
@not_herobrine37522 жыл бұрын
paper cannot get hacked, you are good
@Кью-н1д2 жыл бұрын
you did the right thing. a phrase of 24 words is 256 bits. the chance to generate the same phrase as mine is 1:115,792,089,237,316,000,000,000,000,000,000,000,000,000,00 0,000,000,000,000,000,000,000,000,000,000,000,000. in the case of 12 words, the number is slightly less, but the chance of selection is still ghostly. this encryption method is incomparably better than your standard password, and when you hide a phrase behind a regular password, it can be easily found by brute force. but in the case of ordinary passwords for Internet services, it is worth using keepass, it is much better than one simple password for all sites, as it usually happens.
@groundfx57332 жыл бұрын
A password manager is more secure than using the same password for everything, and more convenient that writing everything down. Assuming you're using proper passwords, storing them on paper is fine
@MrCmon1132 ай бұрын
@@not_herobrine3752 Now he has to keep track of the paper and not expose it to anyone. He also has to type everything, encouraging the use of worse passwords.
@jamal32982 жыл бұрын
"Not your keys, not your coins." -Richard Heart
@AschKris2 жыл бұрын
I'm not even a cryptoperson but even I know "Not your key, not your coins"
@coldbrew61042 жыл бұрын
Trezor is great, although the devices are pretty expensive to get started.
@Mutantcy19922 жыл бұрын
The stupid doggy doo coins have gotten out of hand. DOGE was a kind of fun y meme for a sec, but when it had that spike in value, multiple coins with "shib" in the name popped up to confuse newcomers into thinking it was doge
@rh9062 жыл бұрын
It is Tulip Mania for a reason. We have FDIC until they find some excuse (like China they are trying to emulate) to not pay FDIC.
@lolwtnick43622 жыл бұрын
makes sense. but trading on forex is just as sketchy. lots of platforms dont allow US traders. and banks just dont like you doing it directly, even though it's perfectly legal
@cogitator12132 жыл бұрын
Have you forgotten that you promised us an update on Garuda 1337Dragon? Please deliver.
@TheRich4642 жыл бұрын
What password manager do you suggest? You have your ear to the ground when it comes to this. I'd like to know your opinion
@Alex-ee5pl2 жыл бұрын
In the middle of 2022 Eth fees are so low that the only interaction an informed and responsible person should have with an exchange is feeding fed green toilet paper to the non-KYC ATM in the vape shop so drunk they wake up with new crypto they don't remember buying
@professionalgiraffe71812 жыл бұрын
ima have it a guess that people don't realise that they are using a custodial wallet nor do they understand the dangers of it. they just think company X has got my back they will keep all my money safe
@v3listube2 жыл бұрын
Not your wallet, not your coins. It's one of the oldest crypto mantras.
@miklov2 жыл бұрын
I have been considering using a password manager (I don't really have any crypto, but for regular stuff). But I have not prioritized rabbit holin how they work. I guess you wouldn't want a cloud password manager, but a local one. But then you need a password to protect your passwords but I guess the one hard to remember password is better than a whole bunch of them. I am sort of waiting for the day some popular cloud password manager will have a breach and cause a big stir. Would love a video about password managers, maybe you have already made one and I should go find it. Keep up the good content!
@Crftbt2 жыл бұрын
Could you do a new video on managing non-custodial wallets? :)
@cf04722 жыл бұрын
The thing is that 90% of people I’ve talk to about crypto is that they look at crypto like as an investment. When it’s just currency. Even the CEO of Exodus wallet made this quite clear that Exodus stock is a real asset. Crypto is a currency for just buying things.
@Gorgeous_George_2 жыл бұрын
Hardware wallet stays in the prison wallet
@NeverMetTheGuy2 жыл бұрын
I know it's the wrong thread, but it's the right forum as far as I'm concerned: Anybody else having issues on Nord connecting to Iceland? Before you say it, I'm in the last two months of a three year subscription and going to Mullvad.
@shelletonianhuman2 жыл бұрын
What about Argent?
@MysticMylesZ Жыл бұрын
Would you recommend putting encrypted backups onto a peer to peer storage? So in case the drive with the backup is lost in a fire you can still get it off of the peer to peer and restore it.
@maximilliantimofte47972 жыл бұрын
7:20 if you dont like banks,then keep it in a vaulted foundation
@gestucvolonor50692 жыл бұрын
Would you only go with Trezor? Any other cold storage you okay with?
@NitrousXProductions2 жыл бұрын
Ledger is another useful cold storage wallet
@gilgabro4202 жыл бұрын
I also recoment Paper wallets. Grate way to secure it
@sebixx97342 жыл бұрын
Dude...at 0:43 is that Chester Bennington? lol
@jokroast69122 жыл бұрын
I use pen and paper for passwords until I find something FOSS to manage it natively on my system. I am sure that I can burn all of that paper once I find something FOSS that is hard to compromise or impersonate me. Something that handles credentials in a smarter way to access the passwords.