Hardware wallets like Trezor and Ledger are terrible choice for privacy as they’re more like hot wallets. You need to download their shitty electron app to configure your wallet and even if these apps are open-source I can’t consider them safe, because they have toooooo much features. At the same time they’re missing basic features like connecting through TOR network to them which should be must have as they rely heavily on internet features like online exchanges which can easily reveal your data.

Do you have any idea how to access crypto easily while at the same keep it private and safe?

  • shortwavesurfer@lemmy.zip
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    1 day ago

    By comparison, Monero is actually quite stable because it actually has real-world usage. I would recommend using the six-month or one-year simple moving average because that stops market fluctuations from changing the value of your net worth in fiat.

    Somebody above said that Monero wasn’t a good investment and I have to disagree. Because if I’m going to invest in a cryptocurrency, I would much rather nobody know I have it than to have paper fiat gains visible for everybody online to see.