We should talk. You seem like you've got some of this figured out. I'm getting pretty bullish on privacy focused coins like Monero alongside DEXs like UNI. My issue right now is trying to cut through the jargon to get info on which things I should throw my money and time at. Alongside that I don't know a convenient way to get my coins from my ledger hardware wallet to trade without keeping it on me all the time.
It's the question we're all wondering about. You're right about privacy focused coins tho, anything that has a need in the future will certainly increase in value over time. Right now with all the censorship Ethereum and ERC20 tokens is pretty good to hold.
Privacy coins like Monero hasn't increased much yet but I'm sure they will once governments around the world becomes more tyrannic and the black market grows.
As for the ledger and other hardware wallets, I doubt they much more secure than a well maintained Linux machine which only runs open source software and no spyware. I stick mostly to hot wallets for convenience, and spread my portfolio over many of them.
One day or another I expect to lose some of the keys or get some keys exposed, so it's probably best to just spread the risk and don't put all eggs in the same basked. I mean back in the days with cash I used to hide cash everywhere, and when the banks came I had accounts in many different banks, just to spread the risks.
Perhaps, after all it's been around for about as long as Monero, tho it's not as secure or privacy friendly but has some other advantages in terms of scaling if remember right.
We should talk. You seem like you've got some of this figured out. I'm getting pretty bullish on privacy focused coins like Monero alongside DEXs like UNI. My issue right now is trying to cut through the jargon to get info on which things I should throw my money and time at. Alongside that I don't know a convenient way to get my coins from my ledger hardware wallet to trade without keeping it on me all the time.
It's the question we're all wondering about. You're right about privacy focused coins tho, anything that has a need in the future will certainly increase in value over time. Right now with all the censorship Ethereum and ERC20 tokens is pretty good to hold.
Privacy coins like Monero hasn't increased much yet but I'm sure they will once governments around the world becomes more tyrannic and the black market grows.
As for the ledger and other hardware wallets, I doubt they much more secure than a well maintained Linux machine which only runs open source software and no spyware. I stick mostly to hot wallets for convenience, and spread my portfolio over many of them.
One day or another I expect to lose some of the keys or get some keys exposed, so it's probably best to just spread the risk and don't put all eggs in the same basked. I mean back in the days with cash I used to hide cash everywhere, and when the banks came I had accounts in many different banks, just to spread the risks.
z cash?
Perhaps, after all it's been around for about as long as Monero, tho it's not as secure or privacy friendly but has some other advantages in terms of scaling if remember right.