This video is a step-by-step guide about cryptocurrency wallets for beginners.
You will learn what cryptocurrency wallets are, how crypto wallets work, and how to set up the two best hardware wallets available on the market to day, Ledger and Trezor devices, step-by-step.
Learning about what crypto wallets are and how they work BEFORE investing in cryptocurrency is one of the most important things you need to do as an investor or user.
Unlike banks, credit unions, or traditional stock exchanges, there are no pre-built fail safes in this technology to protect your funds.
Your cryptocurrency wallet IS your bank, so it’s up to you to take the necessary steps BEFORE buying cryptocurrency to ensure the security of your investments.
There are two cryptocurrency wallet categories I will break down for you in an easy-to-understand way. The types of wallets are known as “hot” and “cold” storage.
Cryptocurrency is cutting-edge technology, it’s the modern day wild wild west, so it requires some focused time and energy to wrap your head around.
Luckily for you, I’ve done a lot of the leg work to compile this ultimate step-by-step beginner’s guide on cryptocurrency wallets to ensure you receive the knowledge and understanding you need to keep your funds safe.
In this step-by-step video, you will learn about the different types of cryptocurrency wallets available, how they work, setting up the best hardware wallets to store your cryptocurrency, and all the essential steps you need to take to protect yourself.
Always remember the golden rule of investing: NEVER invest more than you can afford to lose. High risk can lead high reward and we humans have a natural tendency to want to overreach.
When investing in this type of new technology, the number one thing you can do to keep your funds safe is by gaining knowledge on the subject – especially the subject of cryptocurrency wallets.
Feel free to reach out if you have any questions about how to buy cryptocurrency.