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Re: trunovice post# 27066

Sunday, 05/02/2021 2:16:51 PM

Sunday, May 02, 2021 2:16:51 PM

Post# of 36031
Many good arguments on where to store one's crypto, same applies to one's fiat on deposit at where ever.
Whats clear so far and confirmed by the horror stories of permanent coin loss, is storing coin on the exchange is as foolish as it gets. Never heard of CB restoring anyone's coin after an exchange hack.

Mine is on nexo paying lots of interest compounded daily. I now have a lot more of each coin stored there than what I started with.
BTW, they are insured for 375MM. Sooooo that about covers me.

I also have the nano S, currently empty since it doesn't pay a thing.

Bottom line, what ever floats ones boat, just know the risks.

The difference between genius and stupidity is, Genius has its limits.
Albert Einstein

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