It's refreshing to hear someone finally say that you don't absolutely need a hardware wallet. My biggest fear isn't having my keys or physical wallet stolen, I'm afraid that I'll lose them myself somehow.
You cant get your funds stolen if all a thief has is your hardware wallet. But do break up the words of your recovery phrase at 2 different places only you know, and then make a copy at 2 other places.
I’m dead. This man recommended a software wallet over a hardware wallet. Good luck with that 😂. Does he not know just because someone steals your physical hardware wallet does not give them access to your crypto. They still need your seed phrase. Just like they will with a software wallet. Imagine using metamask without a hardware wallet. NGMI 🤣
Yes, I also had the same impression. You can just have a thumb drive of $5 with more security. Some even have password or you can Password protect a WORD of EXCEL which will serve the same purspose. tee heee
Just want to put it in here. After watching a bunch of your videos, I appreciate your honest approach (non-clickbaity) to knowledgeable topics. Thank you and congrats on 20k!
Wow, thanks! I just noticed the sub count from your comment! I really hate clickbait too and having to wait for the info I want. I'm glad there's a similar audience!
I love your videos! you explain things really well in a way that's easily understandable. I'm pretty new to the world of crypto - can you make a video on some of the best wallets to use? There are so many I don't know which to choose from!
Sure I can probably work on a walkthrough. They all function pretty much the same while the difference is the interface. Personally, I trust the older open source wallets since they've been tested thoroughly by many of the more advanced users. I wouldn't trust any wallet service that's less than 2 years old in fears of some vulnerability that leaks your keys.
Appreciate the detailed breakdown! Just a quick off-topic question: My SafePal wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
Absolutely. You are trusting your funds with a company that has insurance on Celsius/BlockFi. With decentralized farming, your trusting smart contracts that have the risk of being hacked..
hey Dan! thank you so much for this video. so if i buy a separate phone and keep it offline at all times then it cant be hacked? even with all the coins on there? thank you!
Hi Dan, I have watched you Jan 22, 2021 video "11 ways to keep your crypto safe" and download the bus picture. And then I opened it in notepad ++. I cannot find your "seedphrase" in the notepad++, and I cannot find the word "full value dan" in the notepad ++ either. I still do not know how you embed the seedphrase in the picture. The picture is still the original picture and nothing added there. Can you please elaborate more on how that picture can have the seedphrase in it? Or they have made the change to the notepad++ and I cannot add extra words to that code any more?
OMG so to get into this I need 3 phones, 100 wallets, crypto spread across 80 exchanges, I need codes hidden in pictures, I need to avoid everything because it's probably a scam...it just seems like too much trouble to get into cryptocurrency.
Found your channel the other day. Awesome info. I have been in the crypto space for about a year and you have some great tips and tricks. Please keep up the good work and again thank you for the info.
Hi Dan, greetings from Germany! Best videos on cryptos ever. Many thanks! My question also relates to the save storage of cryptos: ...what is the difference between Coinbase Cold Storage and a crypto wallet (like Electrum?)?
Glad the content has been helpful and reaching people even in Germany! Good question, there are some big differences. With a crypto wallet (like Electrum), you have to be responsible for your wallet and protect the keys. Pretty much no one can access the funds if you protect it securely. Even sending your crypto to your wallet can be dangerous if you make a mistake. Electrum ONLY support Bitcoin so you can't send anything else in this example. Most crypto wallets aren't very user friendly and offer no technical support because they can't help you if your transaction gets sent incorrectly. Coinbase Cold Storage is a great feature that I recommend for any new user. It's like having your money in a secure bank account. Coinbase Cold Storage is called "Coinbase Vault" and supports BTC, ETH and LTC. You can set your security settings and have multiple accounts for a withdrawal: -Need authenticator code (you should set it -Need 2 (or more) email accounts to verify the withdrawal -48 hour time delay after the withdrawal is approved from your account. People constantly restate "It's not safe unless you own the keys" but that's because of the Mt. Gox hack that lost many peoples Bitcoin in the past. These days, big crypto exchanges are insured in the event of a similar hack. Dang, I should probably just make a video on this cause the answer is pretty long.
@@FullValueDan BINGO!! Many thanks for this information. It answered my question. Looking forward o learn more from you. Maybe some strategies for the stock market. I know we are just amateurs, but even as such we could win!
This is an extremely amazing review. Very interesting and informative to watch cause everything is of great importance and well discussed. I made bitcoin from them by just following their process
I am not sure, I agree with his hardware wallet approach, but at least, he isn't blindly following the crowd and regurgitating whatever he recently "found out" or learnt on RUclips or reddit. He is sharing from his own personal experience and I respect that. The takeaway here is that there is no fixed approach to securing your crypto, different people utilize different strategies. Important thing is, you should be aware of the underlying risks involved and take necessary precautionary measures to minimize those risks.
Done subscribing btw. Great explanation. You're a genius. I have a question. Since you mentioned that you keep your mobile online, which I thought is a great idea but do you think it's possible if you uninstall the wallet on the phone and just install it again if you really need to see it? Do you think it will prevent from getting hacked or not? Hahaha don't laugh at my question ok?
I am just getting into buying crypto. You have mentioned several times about having a separate phone for your wallets and authentication. Do you have to have cell service for this phone. Thanks
Thank you for such great information, I was deciding to go and purchase a hard wallet and happen to stumble on your channel. I sure learned the additional ways to store, if I ever get some crypto. ;)
Hey is having a separate phone with no plan or sim card and keep it at your home just for buying, trading storing it through trust wallet or Exodus apps with your own homes wifi a safe idea?
Hi Dan, When you put your Bitcoin money from your wallet into a interest account, does it freeze at that price until your done or can it still go up in value as the value of Bitcoin goes up while still earning interest?
Bro keep up the great work! Really enjoy your videos and your frank explanations. I can tell you speak with truth! I've watched 5 of your videos already and they've really helped me to fill in some information gaps regarding Coinbase/Pro/Trading etc... Keep em coming! Thank you!
Sorry Dan, the extra phone that you keep off line all the time only goes on line when you are trading crypto? How about email addresses should you use a separate gmail address for the off line phone?
Hi Harumi Clark! This is Team Dan, I'm going to let him know your request about this. Just wait for a while, but you can reach out to him instead so you could discuss more about it. Join here discord.gg/fullvalueclub
I'm very surprised it went up. Like all coins, people have to invest in it to be successful. The project itself is just an old copy of Bitcoin. I know the coin is "cheap" but it has a few billion in market cap. Roughly every $1 billion will cause the coin to go up by 1 cent. I'm not a doge investor, but it's all good as long as it brings more exposure to the cryptocurrency world.
If you have a "safe phone" - "that never goes on-line" (and has your QRcodes/coin addresses, infor, etc) - then how do you ever utilize it? How do you ever access your funds...don't you have to be On-line to link-up the codes or even to transfer the coins, if they're saved, "off-line" on your phone?
@@gazat4 If I'm understanding correctly...Are you saying: YOU CAN MERELY SCAN (YOUR QR CODES - THAT ARE ON YOUR PC)...so (your pc QR codes) are NOW scanned ONTO YOUR PHONE? So now, how do you utilize those (newly scanned QR codes from your pc, sitting on your phone)? Utilize, in terms of, accessing the purchasing power from the QR codes?
I also don't like a hardware. I would be afraid of loosing it. The way to hide your passwords/qr codes is pretty genius but would need to learn more tech in order to do it
You said that you keep your phone offline, does that mean you will keep offline all the time, and turn off the wifi all the time as well?, so just when you want to buy coins, you turn it on and get into the apps?
hey Dan the hardware wallets are a bit expensive for me just like you advised, i wanted to buy a smartphone that i will not connect to the internet. basically installing soft-wallets on it and use them(monero).but my question is, how can i fully protect my coins and how can i use google authenticator?
After you download Google authenticator you can take your phone offline. Authenticator still works offline and you can add QR codes. To fully protect your coins, you'll need to take them offline, but that can be VERY risky for people new to crypto. Run tests with small amounts until you get comfortable. Otherwise, splitting it up among different wallets and trusted exchanges is pretty safe.
Nooooo don't delete the app. You'll have a very hard time restoring access to your account if you lose the code. Reinstalling authenticator doesn't restore any codes. If you didn't save the qr code: 1. Disable 2 factor authentication on your account. You'll need your authenticator code. 2. Re-enable 2 factor authentication on your account and it will provide you a new code to save.
Bitdefender. Split it with your friends. PC world has a 2 year deal for 15 devices for like $30. You'll need to set the checkout price to USD. Link in the blog post in the description (because you should be very careful of links in comments).
What is the best platform to buy crypto at the best rate with the lowest fees? Binance US? Also really looking forward to that video on how to get around US crypto issues!
Binance.US is pretty good. They have a fee of 0.1% with really good liquidity but they have a limited amount of tokens. Uniswap is great for ERC20 tokens at 0.3% + gas fees (which can be $8USD).
Just looked it up. I'd still recommend just buying more crypto and using a free software wallet. The process is a little more advanced, but you'd be saving 131.14€ while also not having the responsibility of protecting a hardware wallet at all times
You don't know h/w wallet or password manager security very well. If you did, you would have recommended using passphrases. Also, with a password manager, always use double blind passwords for important credentials.
thank you for the information. I'm loss when you tried to explain to hide passwords in a photo. Thank you for the tip! Can you please do a tutorial step by step how to do that?
What are your thoughts on Gemini?? I've been using both Coinbase and Gemini over the past month. Gemini's active trade interface gives you better fees than Coinbase pro but I feel the orders take more time to fill in Gemini. A friend told me it's because Coinbase has a bigger market cap and therefore more liquidity.
I have it and it's pretty similar in terms of fees to Coinbase Pro (0.5% fees). Binance.US is a pretty good option at 0.1% fees. That's true, the spread (difference between buy and sell orders) is much better on a bigger exchange with more users.
Exactly. I have a phone that I connected to wifi one to download Google authenticator and never connected to the internet. You can add authenticator codes even offline.
@@FullValueDan I have a phone that's about to not have any service on it anymore, so it will only work on wifi.. would that be a good option? Like just leave it at home turned off or on airplane mode, then turn it on just to use the app?
Hello: I am REALLY enjoying your presentations. You explain things well. Thank you!! How about an in depth analysis of Voyager Brokerage----its many benefits and functions---tokens, vs exchanges, etc. Also ways to keep your info safe---VPN, Tor, hard-wired computer vs Wi-Fi computer, free antivirus, etc.
Thanks! I can check it out (initial impression is very good). I haven't heard of them until now, but there are a lot of platforms. It looks pretty promising seeing that they support institutional investing and have some attention from some notable finance publications and they are publicly traded (lots of regulation). Kevin Mitnick's books are really good on cybersecurity and penetration testinI g. Basically he shows how you should protect yourself online through various ways he broke past something that "looked secure". I left some notes on that in the description. Quick suggestions on security: VPN for any public wi-fi (some free VPNs have been known to log your data), WiFi is good with a long password and WPA2 security, can't recommend a free anti-virus but the alternative is using a virtual machine or a chromebook. The chromebook has a "powerwash" function that just factory resets it and removes all your data.
Sorry for the stupid question but how many phone lines I have to keep (and to pay their services ) with a different numbers to keep on them line for the verification codes. Or do you know some way how to transfer the line for verification code from the existing phone to the phone which will stay offline and to answer on the same number?
If you have a question, that means I could use more details in the video. By "other phone" I just mean the actual phone. You can use WiFi on it so you don't actually have to pay a monthly fee. The "offline phone" is just for "Google Authenticator" and some of your crypto wallet apps. I think you're thinking of 2-Factor Authentication with SMS, were you get a 6 digit text message code. You should use Google authenticator (and back up the codes) because it's the security is better. Text message verification runs the risk of someone stealing your account via "SIM swapping". With all that said, if you actually want another phone number (which isn't needed), you could get a free phone number from Google Voice.
@@FullValueDan Oook ! Know I understand that the SMS is possible to be hacked. I am very new in this game. So - 2 questions : !-If I open the account in BINANCE and initially I chose identification via SMS , can I lather switch to 2factor authentication with a Google and how to do this. Q.No. 2- If is easier way to choose google authentication, but from another old phone , witch is connected to internet how exactly to proceed if I am opening the account from a laptop and the Google is already open into the laptop and I will receive the authentication code on the laptop. Than how to make this code to be received only on the phone witch is offline but has WiFi internet. Or may be I should open the account into the phone offline and later start using the account on the laptop?
Bitdefender has a decent free one. The premium version is $30 on pcworld for 2 years and 15 devices. I'd split it with some friends and it's pretty much $1 a year.
Full value Dan! Really liking your videos I always learn a lot and you explain it in a way that’s not over my head. So thank you for that. OK maybe some of it’s over my head. OK maybe more than some of it is over my head. But at least most of it I can understand. 😂
Thanks Dan The Man !! Great stuff. Question: Do you also save long bitcoin key string (along with seed words and md5 password) in bottom of jpg-> Notepad++ ? Cheers
Thanks! You can save the bitcoin key strings there too. Play around with it before losing any other backup info. Just don't tell anyone, of course. With that said, I don't do that.
@@FullValueDan Thanks Dan! Is there a book you reccommend that gives birds eye view of crrypto as well as nuts and bolts of security / wallets / exchanges / storage options. Cheers and enjoy the Superbowl commercials 😊
@@deant007 Kevin Mitnick's books on hacking and social engineering are amazing. He will make you paranoid about everything related to cybersecurity. Unfortunately there isn't a book (or that I know of) that gives a great explanation of crypto. There are some youtube videos, but most seem intentionally complicated and boring
Beginners should focus on some platforms where there's information that will be safe, just like on Humanode, since it allows them to prevent scammers and hackers from accessing your information.
This is an extremely amazing review. Very interesting and informative to watch cause everything is of great importance and well discussed. I made bitcoin from them by just following their process
Hey Dan! Thank you for the tutorials. When I added my Google Authenticator to my Coinbase account, I did not save the QR code. Can I retrieve that? Any other suggestions? Thank You For Your Time, Mike
Thanks for all the info man, well articulated yet simple enough for peoples just starting to explore these realms. I've dipped in a little in the past put have recently dove directly into the deep-end and am having a great time re-exploring. Usually don't comment on YT vids, can't even remember the last time I did but just wanted to say, in regards to the cold storage SWIM have been tickled pink with SWIM's experience w/ the BC-Vault and I honestly took a good 5 mins to figure out whether I should even say that as I also abide by rule #1 lol but what's the point in having such a solid community of DeFi folk if you're not gonna participate in it's growth and security eh? At any rate I saw a comment that made me pull the trigger on posting (hopefully no cuck thieves see it lul) and so imma CAP this comment to them as I've seen you replied and am curious how you feel on the matter as you didn't mention it as well as inform the OP. Cheers and again, thanks for making it easier for this dopest of dope tech palatable. We need more of your mindsets out here.
I would guess 'Not creating youtube videos on the topic of Crypto' should probably be in the top 5. :) That being said, I do appreciate you sharing with us. Thanks full value Dan.
Hi Dan, do you have a twitter account for me to follow as well? I am late to the game and starting following you on crypto information. You are the most authentic and easiest person to understand. I haven't invested into crypto yet but will soon after I do more research. Do you still recommend coinbase pro as the best platform to invest in crypto? What platform do you use to invest in dogecoin? Thank you, Paula
It's refreshing to hear someone finally say that you don't absolutely need a hardware wallet. My biggest fear isn't having my keys or physical wallet stolen, I'm afraid that I'll lose them myself somehow.
Definitely a legitimate fear I had too! But with an affiliate commission on hardware wallets, very few people will tell you another solution
You cant get your funds stolen if all a thief has is your hardware wallet. But do break up the words of your recovery phrase at 2 different places only you know, and then make a copy at 2 other places.
I’m dead. This man recommended a software wallet over a hardware wallet. Good luck with that 😂. Does he not know just because someone steals your physical hardware wallet does not give them access to your crypto. They still need your seed phrase. Just like they will with a software wallet. Imagine using metamask without a hardware wallet. NGMI 🤣
@@lifelikeportraits he said keep em in new phone and dont go online with that
Yes, I also had the same impression. You can just have a thumb drive of $5 with more security. Some even have password or you can Password protect a WORD of EXCEL which will serve the same purspose. tee heee
Just want to put it in here. After watching a bunch of your videos, I appreciate your honest approach (non-clickbaity) to knowledgeable topics. Thank you and congrats on 20k!
Wow, thanks! I just noticed the sub count from your comment! I really hate clickbait too and having to wait for the info I want. I'm glad there's a similar audience!
he doubled in a month... just like doge.
Time to make a memecoin Dan, just like doge. Might I suggest names that include "moon" "safe" etc..
I love your videos! you explain things really well in a way that's easily understandable. I'm pretty new to the world of crypto - can you make a video on some of the best wallets to use? There are so many I don't know which to choose from!
Sure I can probably work on a walkthrough. They all function pretty much the same while the difference is the interface. Personally, I trust the older open source wallets since they've been tested thoroughly by many of the more advanced users. I wouldn't trust any wallet service that's less than 2 years old in fears of some vulnerability that leaks your keys.
Appreciate the detailed breakdown! Just a quick off-topic question: My SafePal wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
Dan, is Celsius and BlockFi safer than de-centralized farming? Thanks
Absolutely. You are trusting your funds with a company that has insurance on Celsius/BlockFi. With decentralized farming, your trusting smart contracts that have the risk of being hacked..
hey Dan! thank you so much for this video. so if i buy a separate phone and keep it offline at all times then it cant be hacked? even with all the coins on there?
thank you!
Yup, that's a safe way to do it. The most important thing is the seed phrase though.
Hi Dan, I have watched you Jan 22, 2021 video "11 ways to keep your crypto safe" and download the bus picture. And then I opened it in notepad ++. I cannot find your "seedphrase" in the notepad++, and I cannot find the word "full value dan" in the notepad ++ either. I still do not know how you embed the seedphrase in the picture. The picture is still the original picture and nothing added there. Can you please elaborate more on how that picture can have the seedphrase in it? Or they have made the change to the notepad++ and I cannot add extra words to that code any more?
OMG so to get into this I need 3 phones, 100 wallets, crypto spread across 80 exchanges, I need codes hidden in pictures, I need to avoid everything because it's probably a scam...it just seems like too much trouble to get into cryptocurrency.
Found your channel the other day. Awesome info. I have been in the crypto space for about a year and you have some great tips and tricks. Please keep up the good work and again thank you for the info.
Care for bitcoin investment tips for good returns?
Hi Dan, greetings from Germany! Best videos on cryptos ever. Many thanks! My question also relates to the save storage of cryptos: ...what is the difference between Coinbase Cold Storage and a crypto wallet (like Electrum?)?
Glad the content has been helpful and reaching people even in Germany! Good question, there are some big differences. With a crypto wallet (like Electrum), you have to be responsible for your wallet and protect the keys. Pretty much no one can access the funds if you protect it securely. Even sending your crypto to your wallet can be dangerous if you make a mistake. Electrum ONLY support Bitcoin so you can't send anything else in this example. Most crypto wallets aren't very user friendly and offer no technical support because they can't help you if your transaction gets sent incorrectly.
Coinbase Cold Storage is a great feature that I recommend for any new user. It's like having your money in a secure bank account. Coinbase Cold Storage is called "Coinbase Vault" and supports BTC, ETH and LTC. You can set your security settings and have multiple accounts for a withdrawal:
-Need authenticator code (you should set it
-Need 2 (or more) email accounts to verify the withdrawal
-48 hour time delay after the withdrawal is approved from your account.
People constantly restate "It's not safe unless you own the keys" but that's because of the Mt. Gox hack that lost many peoples Bitcoin in the past. These days, big crypto exchanges are insured in the event of a similar hack.
Dang, I should probably just make a video on this cause the answer is pretty long.
@@FullValueDan BINGO!! Many thanks for this information. It answered my question. Looking forward o learn more from you. Maybe some strategies for the stock market. I know we are just amateurs, but even as such we could win!
yes make vid of this dan.. coinbase cold storage
This is an extremely amazing review. Very interesting and informative to watch cause everything is of great importance and well discussed. I made bitcoin from them by just following their process
I am not sure, I agree with his hardware wallet approach, but at least, he isn't blindly following the crowd and regurgitating whatever he recently "found out" or learnt on RUclips or reddit. He is sharing from his own personal experience and I respect that. The takeaway here is that there is no fixed approach to securing your crypto, different people utilize different strategies. Important thing is, you should be aware of the underlying risks involved and take necessary precautionary measures to minimize those risks.
I have xumm wallet. Is that good for protecting my xrp when cyber attack or hacker happen?
Given issues with some of the exchanges, wonder if your stance has changed.
Done subscribing btw. Great explanation. You're a genius. I have a question. Since you mentioned that you keep your mobile online, which I thought is a great idea but do you think it's possible if you uninstall the wallet on the phone and just install it again if you really need to see it? Do you think it will prevent from getting hacked or not? Hahaha don't laugh at my question ok?
I am just getting into buying crypto. You have mentioned several times about having a separate phone for your wallets and authentication. Do you have to have cell service for this phone. Thanks
No need for cell phone service. You can use wifi to download any apps you need then just keep the phone offline
@@FullValueDan thanks. Do you this phone for authentication. If yes don’t you need a phone number
@@markwolfsheimer4941 Correct, you won't need a phone number. Basically my other phone is just to run authenticator or wallets
Thanks for all the ideas.
Good video, Valid Network identifies security factors in crypto projects.
Thank you for such great information, I was deciding to go and purchase a hard wallet and happen to stumble on your channel. I sure learned the additional ways to store, if I ever get some crypto. ;)
Hey is having a separate phone with no plan or sim card and keep it at your home just for buying, trading storing it through trust wallet or Exodus apps with your own homes wifi a safe idea?
Hi! This is Team Dan! He will look into that! Reach out to us so we could discuss more about it.
Join here discord.gg/SRjqWCJu6t
So I set up my Authenticator without saving the QR code... any tips on how to correct this and get my code?
How do you use your Authenticator and exchange apps on the phone that is offline? I’m not quite understanding . You need to be online to use them ...
Google authenticator works offline. You can even add new codes while offline on your authenticator app
The hardware wallet stays home. It would be like walking around with your safe. The soft wallets are for smaller amounts.
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Hi Dan,
When you put your Bitcoin money from your wallet into a interest account, does it freeze at that price until your done or can it still go up in value as the value of Bitcoin goes up while still earning interest?
A bitcoin is always a bitcoin. Remeber that u have ur privates Keys only. The price is determined by the market.
Bro keep up the great work! Really enjoy your videos and your frank explanations. I can tell you speak with truth! I've watched 5 of your videos already and they've really helped me to fill in some information gaps regarding Coinbase/Pro/Trading etc... Keep em coming! Thank you!
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Great tips! Thanks Dan. I got "Full Value" out of these tips! 😉
Sorry Dan, the extra phone that you keep off line all the time only goes on line when you are trading crypto? How about email addresses should you use a separate gmail address for the off line phone?
Hi Harumi Clark! This is Team Dan, I'm going to let him know your request about this. Just wait for a while, but you can reach out to him instead so you could discuss more about it. Join here discord.gg/fullvalueclub
What’s your prediction on dogecoin
I'm very surprised it went up. Like all coins, people have to invest in it to be successful. The project itself is just an old copy of Bitcoin. I know the coin is "cheap" but it has a few billion in market cap. Roughly every $1 billion will cause the coin to go up by 1 cent. I'm not a doge investor, but it's all good as long as it brings more exposure to the cryptocurrency world.
If you have a "safe phone" - "that never goes on-line" (and has your QRcodes/coin addresses, infor, etc) - then how do you ever utilize it? How do you ever access your funds...don't you have to be On-line to link-up the codes or even to transfer the coins, if they're saved, "off-line" on your phone?
QR codes work without going on line. If you use a pc you can just use that phone to scan on the desktop browser
@@gazat4 If I'm understanding correctly...Are you saying: YOU CAN MERELY SCAN (YOUR QR CODES - THAT ARE ON YOUR PC)...so (your pc QR codes) are NOW scanned ONTO YOUR PHONE? So now, how do you utilize those (newly scanned QR codes from your pc, sitting on your phone)? Utilize, in terms of, accessing the purchasing power from the QR codes?
I think he meant that he keeps the phone off to protect it from any hacks and only turns it on when he has to access his funds etc.
Ah man I came up with 9 ways to keep your crypto safe you came up with 11. Dang it !!!! LOL
I also don't like a hardware. I would be afraid of loosing it. The way to hide your passwords/qr codes is pretty genius but would need to learn more tech in order to do it
Maybe I'll make another video on security. I tried to make this one short to retain viewer interest
@@FullValueDan yes we all know ppl have attention spans like goldfish now 🤣
Hiding passwords in such "creative ways" is considered a bad practice. Google "Security through obscurity"
Sir what if you lose your phone?? Could you have any two phones for security?
You said that you keep your phone offline, does that mean you will keep offline all the time, and turn off the wifi all the time as well?, so just when you want to buy coins, you turn it on and get into the apps?
Hi Ha Dang ! This is Team Dan! Reach out to us so we could discuss more about it. Join here discord.gg/SHhsj5Rzs5
I have an emotional crush with you because of this video, wtf. The fact that you are lowkey laughing througout the whole thing just made me ♥♥♥
@FuII VaIue Dan these fucking bots 😅😅😅
hey Dan the hardware wallets are a bit expensive for me just like you advised, i wanted to buy a smartphone that i will not connect to the internet. basically installing soft-wallets on it and use them(monero).but my question is, how can i fully protect my coins and how can i use google authenticator?
After you download Google authenticator you can take your phone offline. Authenticator still works offline and you can add QR codes. To fully protect your coins, you'll need to take them offline, but that can be VERY risky for people new to crypto. Run tests with small amounts until you get comfortable. Otherwise, splitting it up among different wallets and trusted exchanges is pretty safe.
Can my crypto get hacked if I keep my wallet app logged out and then just log in with seed phrase every now and again?
I like this guy. Always quality stuff.
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If I did not save the QR on google authenticator, can I get it? Or should I delete app and start fresh? Thank you for the videos.
Nooooo don't delete the app. You'll have a very hard time restoring access to your account if you lose the code. Reinstalling authenticator doesn't restore any codes. If you didn't save the qr code:
1. Disable 2 factor authentication on your account. You'll need your authenticator code.
2. Re-enable 2 factor authentication on your account and it will provide you a new code to save.
@@FullValueDan ...Thank you. I would have messed up without your advice.
Awesome video! Shared it to my friends
Question, what’s your recommendation for antivirus for Microsoft desktop.
Bitdefender. Split it with your friends. PC world has a 2 year deal for 15 devices for like $30. You'll need to set the checkout price to USD. Link in the blog post in the description (because you should be very careful of links in comments).
Do you use Binance?
Yup, Binance.com (not the limited US version).
What is the best platform to buy crypto at the best rate with the lowest fees? Binance US? Also really looking forward to that video on how to get around US crypto issues!
Binance.US is pretty good. They have a fee of 0.1% with really good liquidity but they have a limited amount of tokens. Uniswap is great for ERC20 tokens at 0.3% + gas fees (which can be $8USD).
What about (in Mac) selecting the photo / COMMAND + I (info) and putting passphrases in the comments box?
Is offline phone means no phone line & no wifi connection?
Great vid as always. Looking forward to that Ledger one .
What do you think BC Vault ? Thanks
Just looked it up. I'd still recommend just buying more crypto and using a free software wallet. The process is a little more advanced, but you'd be saving 131.14€ while also not having the responsibility of protecting a hardware wallet at all times
planning to buy hardwallet good thing i watch this vid..thanks
Also could you make a video running through best anti-viruses to use, and vpns you recommend. Stuff like that in a more in depth matter.
You don't know h/w wallet or password manager security very well. If you did, you would have recommended using passphrases.
Also, with a password manager, always use double blind passwords for important credentials.
thank you for the information. I'm loss when you tried to explain to hide passwords in a photo. Thank you for the tip! Can you please do a tutorial step by step how to do that?
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What are your thoughts on Gemini?? I've been using both Coinbase and Gemini over the past month.
Gemini's active trade interface gives you better fees than Coinbase pro but I feel the orders take more time to fill in Gemini.
A friend told me it's because Coinbase has a bigger market cap and therefore more liquidity.
I have it and it's pretty similar in terms of fees to Coinbase Pro (0.5% fees). Binance.US is a pretty good option at 0.1% fees. That's true, the spread (difference between buy and sell orders) is much better on a bigger exchange with more users.
excellent advise!
Awesome video's man! I subscribed :) Can I ask which anti virus/spyware /malware you would recommend (for mac) thanks in advance ^^
also: you said that you don't connect that phone ever to the internet but you do need to download the authentication app tho?
i ve been waiting for this vid from u. thnk u
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You are awesome! Can you tell me a good Crypto Wallet (online) or.. recommend me one to save my GRT and others. TYYY
Dan you are the best.
Appreciate it!
would you recommend using a VPN?
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Great ideas. Thank you so much!
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Good video . what is the most secure cold wallet
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Let's talk
I agree 100% with you!
Thank you very much! .Please visit us at linktr.ee/fullvalueclub and be updated!
Last tips, don't log into public library's wifi. They typically have malware. Happened to me once. Got malware all over my computer.
WHen you have your phone that never goes onilne, what do you mean by that? Don't use wifi or mobile data on it?
Exactly. I have a phone that I connected to wifi one to download Google authenticator and never connected to the internet. You can add authenticator codes even offline.
@@FullValueDan I have a phone that's about to not have any service on it anymore, so it will only work on wifi.. would that be a good option? Like just leave it at home turned off or on airplane mode, then turn it on just to use the app?
I thought MD5 has been hacked and is not really used anymore. What is the latest tool to use that replaces MD5
Hi Dan, what other applications can I use to open the image file to show the texts on mac since Notepad++ doesn't work on MacOs?
I don't have a mac to confirm if it works, but Brackets or Textmate might work
Hey Dan, just wanted to say Thank You for this... great ideas mate
Appreciate it! Visit us at linktr.ee/fullvalueclub and be updated
Hello: I am REALLY enjoying your presentations. You explain things well. Thank you!! How about an in depth analysis of Voyager Brokerage----its many benefits and functions---tokens, vs exchanges, etc. Also ways to keep your info safe---VPN, Tor, hard-wired computer vs Wi-Fi computer, free antivirus, etc.
Thanks! I can check it out (initial impression is very good). I haven't heard of them until now, but there are a lot of platforms. It looks pretty promising seeing that they support institutional investing and have some attention from some notable finance publications and they are publicly traded (lots of regulation).
Kevin Mitnick's books are really good on cybersecurity and penetration testinI g. Basically he shows how you should protect yourself online through various ways he broke past something that "looked secure". I left some notes on that in the description.
Quick suggestions on security: VPN for any public wi-fi (some free VPNs have been known to log your data), WiFi is good with a long password and WPA2 security, can't recommend a free anti-virus but the alternative is using a virtual machine or a chromebook. The chromebook has a "powerwash" function that just factory resets it and removes all your data.
Actually just remembered Bitdefender has a good free one.
Thank you for your transparaci
Thats awesome ! Appreciate it very much!!
Kindly, visit us at: linktr.ee/fullvalueclub and be updated!
Thanks man
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Sorry for the stupid question but how many phone lines I have to keep (and to pay their services ) with a different numbers to keep on them line for the verification codes. Or do you know some way how to transfer the line for verification code from the existing phone to the phone which will stay offline and to answer on the same number?
If you have a question, that means I could use more details in the video. By "other phone" I just mean the actual phone. You can use WiFi on it so you don't actually have to pay a monthly fee. The "offline phone" is just for "Google Authenticator" and some of your crypto wallet apps.
I think you're thinking of 2-Factor Authentication with SMS, were you get a 6 digit text message code. You should use Google authenticator (and back up the codes) because it's the security is better. Text message verification runs the risk of someone stealing your account via "SIM swapping".
With all that said, if you actually want another phone number (which isn't needed), you could get a free phone number from Google Voice.
@@FullValueDan Oook ! Know I understand that the SMS is possible to be hacked. I am very new in this game. So - 2 questions : !-If I open the account in BINANCE and initially I chose identification via SMS , can I lather switch to 2factor authentication with a Google and how to do this. Q.No. 2- If is easier way to choose google authentication, but from another old phone , witch is connected to internet how exactly to proceed if I am opening the account from a laptop and the Google is already open into the laptop and I will receive the authentication code on the laptop. Than how to make this code to be received only on the phone witch is offline but has WiFi internet. Or may be I should open the account into the phone offline and later start using the account on the laptop?
Thx. Very helpfull
What Anti Virus for Mac would you recommend? Free if possible! Thanks man!
Bitdefender has a decent free one. The premium version is $30 on pcworld for 2 years and 15 devices. I'd split it with some friends and it's pretty much $1 a year.
wow this is amazing, I love these information.
keep it up 🙌
Thank you! Will do!
Very helpful video! Thanks 😊
Good one. Thanks
Thanks buddy, please make a video of how setup the virtual machine on windows to run different wallets.
Video should be called *How to be overwhelmed* lollll
Full value Dan! Really liking your videos I always learn a lot and you explain it in a way that’s not over my head. So thank you for that. OK maybe some of it’s over my head. OK maybe more than some of it is over my head. But at least most of it I can understand. 😂
Thank you
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😯 Great tips! That picture one tho 🤯🤯🤯🤯🤯
How can I change my password in Coinbase, because is too weak?
How can we safest create a wallet on our old phone man ?
Thanks Dan The Man !! Great stuff.
Question: Do you also save long bitcoin key string (along with seed words and md5 password) in bottom of jpg-> Notepad++ ?
Cheers
Thanks! You can save the bitcoin key strings there too. Play around with it before losing any other backup info. Just don't tell anyone, of course. With that said, I don't do that.
@@FullValueDan Thanks Dan!
Is there a book you reccommend that gives birds eye view of crrypto as well as nuts and bolts of security / wallets / exchanges / storage options. Cheers and enjoy the Superbowl commercials 😊
@@deant007 Kevin Mitnick's books on hacking and social engineering are amazing. He will make you paranoid about everything related to cybersecurity. Unfortunately there isn't a book (or that I know of) that gives a great explanation of crypto. There are some youtube videos, but most seem intentionally complicated and boring
@@FullValueDan Thanks, Full Value Dan for the update. You have great videos, although doubt if you want to write a book on crypto ✌🏽🤗🍀🏆🌟⭐️👍✨Cheers
What wallets you use and which ones do you highly recommend?
Thank you I just started on coinbase how do I save my coins
Check out Coinbase vault (on coinbase)
@@FullValueDan would that be the Coinbase Wallet app?
Hi so are you trying to say that hardware wallets our information is not safe
So there is no hardware wallet you would recommend????
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ELLIPAL
@@michaelhernandez2395 YES!!! I LOVE YOU BRO. THATS THE ONE I WAS THINKIN BOUT YO!!!
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Thanks my Hero Teacher
Thank you
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Full Paranoid Dan. Great Video.
Is there a way to obtain my QR code for the microsoft authenticator. I do not seem to have it.
Beginners should focus on some platforms where there's information that will be safe, just like on Humanode, since it allows them to prevent scammers and hackers from accessing your information.
YOUR SUPPORT AND ENCOURAGEMENT CONCERNING MY PROFITS HAVE ALWAYS BEEN THE DRIVING FACTOR IN MY LIFE. THANK YOU SO MUCH
This is an extremely amazing review. Very interesting and informative to watch cause everything is of great importance and well discussed. I made bitcoin from them by just following their process
Hey Dan! Thank you for the tutorials. When I added my Google Authenticator to my Coinbase account, I did not save the QR code. Can I retrieve that? Any other suggestions? Thank You For Your Time, Mike
Let's talk
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Thanks
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Thanks for all the info man, well articulated yet simple enough for peoples just starting to explore these realms. I've dipped in a little in the past put have recently dove directly into the deep-end and am having a great time re-exploring. Usually don't comment on YT vids, can't even remember the last time I did but just wanted to say, in regards to the cold storage SWIM have been tickled pink with SWIM's experience w/ the BC-Vault and I honestly took a good 5 mins to figure out whether I should even say that as I also abide by rule #1 lol but what's the point in having such a solid community of DeFi folk if you're not gonna participate in it's growth and security eh? At any rate I saw a comment that made me pull the trigger on posting (hopefully no cuck thieves see it lul) and so imma CAP this comment to them as I've seen you replied and am curious how you feel on the matter as you didn't mention it as well as inform the OP. Cheers and again, thanks for making it easier for this dopest of dope tech palatable. We need more of your mindsets out here.
@Full value Dan Get a real job bub.
u say u have 3 phone 1 u never go online if u not go online how u use for coinbace?
9:37 the real reason mcafee died mysteriously
Hey Dan, which wallet do you recommend to store STX I have almost 900 on binance.com and I would like to get them out.Tnx!
Hard wallet, bcvault, soft wallet try exodus and see of this coin is suported (should be).
"I don't want people to know I have crypto"
7000 video views
23000 subscribers
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I would guess 'Not creating youtube videos on the topic of Crypto' should probably be in the top 5. :) That being said, I do appreciate you sharing with us. Thanks full value Dan.
Hi Dan, do you have a twitter account for me to follow as well? I am late to the game and starting following you on crypto information. You are the most authentic and easiest person to understand. I haven't invested into crypto yet but will soon after I do more research. Do you still recommend coinbase pro as the best platform to invest in crypto? What platform do you use to invest in dogecoin? Thank you, Paula
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Text me
@@fullvaluedan1146 Scam!!! Do not contact!!!
New sub here i like your no bs video
I love your honesty and videos.
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Thank you
Hardware wallet or extra cell phone?