I’ll never use Ledger, Tangem, or hardware crypto wallets again.
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- Опубликовано: 1 авг 2024
- Cryptocurrency friends you will love my video showing I’ll never use Ledger, Tangem, or hardware crypto wallets again! Join our community at jerrybanfield.com
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Jerry Banfield
#jerrybanfield #tangem #ledger #trezor
I thought this would be tangem, ledger and trezor going to zero😂
he's the best 👌😂
This guy doesn't know how air-gapped wallets work and that if cold wallet makers go out of business or if you lose your wallet, you can always recover using your seed phrase into any other compatible wallet. Also, holding all of your funds in one place if someone hacks your passwords or Apple device (because that never happens) is a terrible idea and not advisable.
Bitcoin University channel did a great video on cold storage
@@iv54 Totally agree with the risks outlined. He does shows a lack of understanding how air gapped cold wallets / BIP-39 works. That said, outside Bitcoin, ICP is the only alt coin worth investing in. From a technical perspective, it blows all alts out of the water. For ICP I would recommend recording the seed phrase, using at least two FIDO2 keys (Yubikeys for example) as secondary and tertiary devices and then keeping the original PC offline or powered off. #notfinancialadvice
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Could you please explain how beginners like me can start making this much 😢
Last week, I tried trading on my own and ended up losing $3K
I have Alex Robert to thank
He is a licensed broker and a FINRA AGENT here in the States.
Yes!!! That's exactly his name (Alex Robert) so many people have recommended highly about him and am I just starting with him from Brisbane Australia 🇦🇺
Mental Illness really is important.
Not true what you speaking… if i lost my ledger i can input my phrase on any hot wallet and i have acces to my cryptos… gerry please do not speak what is not true.!
You can recover it on any other hardware wallet or hot wallet if u damage or lost your hardware wallet
If you lose your ledger you can buy a new one as long as you have your seed phrase
dude is an ICP ad, so annoying man.... you dont even sound like you like ICP it just sounds like the pay you a few hundred bucks
Setting up and using a Tangem Wallet is so easy. And since they have the option for a seed phrase, it is a great option.
I know Ledger wallets are popular for crypto protection, but there are a few reasons why I don't use them. First off, Ledger had a data breach in the past, which makes me worried about their security. Also, their Ledger Recover service involves centralized storage, which feels risky to me because my sensitive data could be vulnerable. On top of that, their user interface can be pretty complicated, especially for beginners. The price is also quite high, which isn’t great if you're on a budget.
Jerry: 'I won't trust a centralized source to store my crypto, and neither should you.'
Also Jerry: 'Let's store all our assets on a centralized wallet in I.C.P.'
😅
You are a purposefully dangerous man for the normies.
The clown 🤡 clowning
You have lost your way Jerry.
I lost $6000 from a ledger hacker
how?
and it was most likely your fault
How mate ?
@@user-pj5le2he7w there's no "ledger hacker". Ledger device never got hacked, their user data leaked. Most likely he saved his seed phrase online, or typed it in a scam website or to a scammer pretending to be ledger support, or signed a malicious contract. That's literally 99.9% of reasons peoples hard wallets get drained.
If some was bitcoin or coins that can't be moved by signing, someone got your seed
Thanks. You are amazing
For the 100th time, no one is entrusting their entire life to ICP... ever, it's a totalitarian nightmare
Jerry is
I trust the NNS
It is bad enough u spew about misinformation about projects way more succesful than ICP, but now u tell people not to use hardware wallets? lol ok.
You're wrong about tangem Brother-Man and it is unfortunate 😕 I love and have icp too even tho it's growing backwards, I'm still bullish ❤
jerry, can you comment why you dont know that you can use your recovery phrase with multiple wallets? If you loose your ledger you dont loose your crypto! heelo Jerry what kind of paint are you huffing?
Jerry 😂😂 you are legend 😅😅
I know nothing about trading/ Investing and I'm keen on getting started . What are some strategies to get started with ?
As a beginner, it's essential for you to have a mentor to keep you accountable.
I'm guided by a widely known crypto consultant
Mrs Ashley Petra
This is correct, Ashley Petra strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.
Ashley is considered a key Crypto Strategist with one of the best copy Trading portfolio and also very active in the cryptocurrency space.
Isn't that the same Ashley Petra that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
Paid shiller J at it again.
Icp is down 69% from its recent high. Doesn't sound like such a great thing to me. Meme coins aren't even down that much
@JerryBanfieldCrypto-h your a scammer posting as Jerry FO
Jerry, I only have my ICP account on one device. I've tried to put it on other devices, but I couldn't get them set up. What can I do? Also, if I do keep my account on one device, as long as i have my recovery phrase, i should be able to login on a different device, correct?
Hardware wallets are just secure signing devices, you can swap a ledger for a trezor for a tangem for an ellipal for an coldcard for an bitbox2 for an etc. ... - since nearly all of them support BIP39. As long as you store your seed securely, you're good. ICP uses passkey - and you use a specific hardware device that you define. If you don't back up your seed and you lose or destroy your only passkey device, you're equally screwed.
A lot of things are not clear, but interesting) Sorry for the stupid question, maybe someone here can tell me, there is USDT on the wallet, how can I transfer them to binance? There are only words: head isolate sound end kit industry choice festival limit stable dolphin derive. No password, I don't know anything else, somehow I can withdraw money having only these phrases?
Iv wanted someone to say this for ages 👌 😂
His next video: "How I lost all my ICP by not having a hardware wallet"
Sorry if it's a stupid question, maybe someone here can tell me, there is USDT on the OKX wallet, how can I transfer it to binance? There are only words: head isolate sound end kit industry choice festival limit stable dolphin derive. No password, nothing else I know, somehow I can withdraw money using these phrases?
100% on this one JERRY JERRY JERRY !!!
I'm sorry, having offchain storage capability seems pretty important to me, and I do not believe multiple devices and/or a phone is viable answer. Nor is storing my crypto assets on a blockchain... not even icp. Maybe doing a rundown on more than just a few wallets is in order? Pros and cons? Let's do it...
Honestly I can never go back, I had money lost on ledger when that hack happened a while ago, nuns cannot be hacked period, just make a security key, write it down and lock it away or just use another recovery device.
@@ImFAULKn nuns? I guess I need to research a bit better to understand, but I still don't feel comforted by the notion of storing everything online. That's the whole idea of cold storage, no?
@@fl6stringer it’s not online it’s on the blockchain and technically it can only be accessed using your phone, your Internet Identity is basically a cold storage wallet except you can use the entire ecosystem while still having your crypto totally safe. No worries took me forever to really understand it
When number/s go up again? 😞
@Jerry, did you buy more ICP? Dip was a good buy.
Like your channel. That said, if the cold wallet supports BIP-39 then there is no vendor dependency. The vendor won’t know the private key on the device. That is why I always say only buy cold wallets that have open source code.
Wait what? This is so wrong in so many ways, losing a cold wallet (ledger, trezor) you can easily just get another ledger or trezor even a tangem to recover your crypto.
And the crypto aren’t even stored on these cold wallets they are in the blockchain and you need a recovery phrase or a PIN code
You want me to have it in ICP chain ? Which is software ?
10 years on crypto plus been holding ICP for over a year, so basically a year ago this guy had like $20k in crypto LOL. in 10 years if you actually knew how to make money and not just theory , you should be a few million up by now. Honestly this guys a clown. ICP will do good. but not this cycle. just buy other coins that will pump and buy ICP in bear market
I have a diversified portfolio. Can I store all my different crypto on ICP? Thanks
No just ICP and ICP tokens
you can store BTC or ETH as KCBTC and CKETH and soon CK SOL and CK USDT but probably better to just keep the original BTC and ETC keys if you want to keep those
Talks about 3rd party but doesn't see the possible danger off having everything in 1 spot.
keystone wallet
I’m gratify financially with Bitcoin halving, thanks buddy. $67,000 weekly profit regardless of how difficult it gets on the economy
I believe the Bitcoin ETFs will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you
Hello, how do you make such amount? I'm a born
christian but sometimes I feel so down of myself because of low finance but I still believe in God.
Once you lock your icp 8years with ledger wallet control.
Can you swicth to nns control ?
No
You said it. It's "an additional layer of complexity... "and certain frustration and anger if one sets himself up with a hardware wallet even on ICP. I lose my recovery info, and I'm just locked out forever?!!! No way!
@JerryBanfieldCrypto-h I'll definitely consider it! I appreciate you.
What about Ellipal
Is it safe to keep my icp in Nns? without yubikeys and any other wallet connecting it? Let me know thanks!
This is what he's saying. NNS is the best place for your crypto, especially ICP. All mine are there and I never worry about it. Just make sure you register at least 2 devices. I did (new) phone and (new) laptop. "New" means a recent version that has the advanced internal crypology security chip that can't be hacked.
@@DaveTollerton Thank you so much for the information it was very helpful! i have my laptop but i dont know it is secured or not! To check my laptop is secured or not what can i do?
@@DaveTollerton and also is it ok to not connect to ledger or any yubikeys? just asking for info!
Just use your phone and right down your recovery key the number doesn’t matter every 30 days it resets anyways then you can use your laptop as a second recovery device or vice versa
@@ImFAULKn Thanks for the info! btw which recovery key resets every 30days? Where can i find the recovery keys?
Oh my god hardware wallets going to zero yeah 😂 I actually come to your channel for real entertainment 🤣 cmon mate shill me icpp lool
What about Ellipal?
don't touch it
everything is going to zero and is crap...lol never gets old. jeez
@JerryBanfieldCrypto-h Jerry, I don't need the helpline. I hold alot of ICP. I know what it is. The issue is that the vast majority of these people are not holding their crypto for the next 5-10 years like you are with ICP. They plan to hold for profits to a bull run then exit. That being said, there are plenty of projects that will run and some with good tech. So you can't act like ICP is not gonna crash eventually with everything else and you know that. You're an ICP maxi, thats fine, but understand why 99% are here.
This guy is a lunatic...
can someone steal icp from nns?
Nope.
No
At this point. Do the absolute opposite of what this guys. He fuds everything possible just for content. It’s insane. lol poor guy
Make asylums great again.
Everything going to zero narrative is so boring 💤 😴 💤 😴
LOL
Dont let all these people get in your mind Jerry. You are right, they are wrong. Thanks for educating!