Ripple (XRPUSD)

[mc6102]

With Ledger Nano S (basic), I have a 24 word recovery phase sequence generated by the device. You can access it that way if you lose it or its stolen.... but you have to write that phrase down and don't lose it when you set up the device.

It took me a minute to have the concept sink in, but the ledger is a key, not physical location. This kind of explains it:

https://www.ledger.com/academy/crypto/where-are-my-coins#:~:text=Your%20crypto%20assets%20are%20not,held%20within%20your%20bank%20safe.


Best Answer: Don't lose it.

BTW, I am fairly new to crypto but am wondering (after 20 years + of trading) why I waiting so long. My first buy here was recently, average around .40