I got an Amazon gift card or two for Christmas, so I decided that I would treat myself to a new gadget. I was really excited to be able to pick up this Ledger Nano X for just about $50 out of pocket. I have been wanting to get a hardware wallet for a while, but I never felt I could justify the cost before.
I've had it for just under a week now and I honestly haven't been able to play with it too much yet. My wife and I have been busy with work and other stuff going on in our lives and I really feel like digging into this is going to take some focused attention.
It is pretty sleek as far as hardware goes. I wish there was a bit more of an interface on it than just the two buttons. It makes it a bit difficult (more like tedious) to enter any kind of information like you pin code etc.
I made a couple of small transactions with LTC and BTC to make sure I had the process down before I started moving any significant amounts of crypto currency to it.
The funny thing is, I really don't have any large crypto currency holdings besides Hive/Leo (which really aren't that large in the grand scheme of things). As I was moving the whole .1 BTC that I own over to the wallet, I started to think about whether or not it was really that smart of an investment.
Don't get me wrong, I understand the need to protect your keys and your tokens. It is pretty rare that I have assets on an exchange for more than 24 hours and like I said, I just don't hold that much compared to some other people.
I still haven't started digging into all of the transactions you can do with the wallet. Maybe once I start doing that I will feel a little better about it. Maybe it is just buyers remorse. It's not that I don't think it is useful, it is just that I am not sure I can justify spending the money I did on it.
Perhaps some of you can enlighten me. I just feel like such a small fish.
There is another thing I guess I am a bit confused about... Do you carry this with you all the time or is it something you keep locked up in a safe? I am guessing I need to learn about it a bit more, but I also think it is odd that I have to use the software on my PC in conjunction with it to do transactions.
I see there is some form of Bluetooth, so I am guessing that might give me some independent functionality at some point.
Anyway, I am not asking you to give me a step by step tutorial. Maybe just give me the 1000 foot view before I get around and RTFM.
I do admit, it is a cool device, and I am sure when I take the time to learn more about it, I will be really happy I made the purchase. Plus in another month I will have gotten paid a couple more times and I will probably have forgotten about the money I spent on this.
All pictures taken by myself or @mrsbozz
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