There are countless books and articles available these days discussing the importance of investing in bitcoin and other cryptocurrencies now, recommending striking while the iron is hot. While this is certainly the case, making any moves without a clear understanding of where you are going to keep your cryptocurrency when you earn it is akin to putting the cart before the horse.
Inside this book, we will be discussing everything you could ever need to know about bitcoin and cryptocurrency wallets and how to choose the one that will best fit your needs.
First you will learn all about what a cryptocurrency wallet is exactly and why it is important to give your decision about which one to choose the thought it deserves. You will then learn all about hot wallets, starting with software wallets and the differences between desktop wallets and more lightweight alternatives. Next you will learn about online wallet options and why you will likely use more than one on a regular basis. From there you will learn about a variety of cold wallets, starting with hardware wallets and why they are ideal when it comes to storing cryptocurrency in the long-term. Then you will learn about paper wallets, a cheap and secure alternative to hardware wallets. Finally, you will learn about brain wallets, the most secure form of cold wallet available on the market today.
ïThe Fundamentals of Cryptocurrency Wallets Explained ïAll About The Hot Wallets Options Out There ïThe Variety Of Cold Wallet Options Available ïSoftware, Online, Hardware, Paper & Brain Wallets ïand much, Much more!
This short little book has some good information about the different types of Bitcoin wallets, tips on how to use them and the varying pros and cons of the types. It explains things in easy to understand terms. I wish there were more recommendations for each type. Do pay attention to the tips, as they will help keep you safe. A good beginning book for a quick, short read.