I've never made representations about being a cryptocurrency expert; In fact I've been very clear that cryptocurrency, magic internet money as I call it, is a bit of an anomaly to me. If it wasn't for my brother @tarazkp I'd probably know nothing about it at all.
Over the three years I've being involved with cryptocurrency I've come to realise how complicated it can be; I've started trading on exchanges a little, have been gathering crypto-currency through blogging on hive and have become a bit of a crypto-squirrel as I store some away for a rainy day. I know a lot more now than I did back three years for sure.
It's all good right? Well no, not really. You see, I learned recently that storing my cryptocurrency online is not the smartest thing to do. OK, so here we go again...A whole new learning curve.
After speaking with the most knowledgeable @meesterboom some weeks ago I decided to follow his recommendation and purchase an offline storage device for my cryptocurrency - He suggested the Trezor and after a little research I decided it was the way to go. I purchased it directly from the Trezor website and within about a week or so it arrived at my door. That was about 3-4 weeks ago and it has sat, unopened, on my desk since.
I'll be honest, I've been avoiding transferring my cryptocurrency over to it mainly through a little nervousness about the process; This, despite even knowing what the process actually is. I've been told it's a quite simple process but in the last few weeks I've not been in the right frame of mind and so have not attempted it; I just don't want to get it wrong.
I will probably tackle the task this week though and decided to open the box tonight. You can see the contents in this image. Trezor white, strap, USB cable and Trezor sticker. Seems quite a simple collection of items I guess.
The way I understand it, a person simply goes to the Trezor site, choses the Trezor they have, connects it to the computer and steps through the process from there. Once done I assume I'd have to go to my Exodus wallet and transfer my cryptocurrency to the Trezor wallet, connect it to my Trezor white device and boom...I'm done. Seems pretty simple.
Of course, I'd be following instructions rather than making it up as I go and will only transfer a very small amount to start with as I'd not want to lose all of my holdings if an error was to occur. Despite being a pretty analogue sort of guy I reckon I could get it sorted. What do you think?
So, I'll be getting it done in the next few days I think and you'll either see a yay I did it post or a fucking hell I lost all my crypto post. I'm hoping it's the former.
If anyone out there has done this process please feel free to comment below as I'd love to hear some real-life stories which may help get me through the process more easily.
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