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RE: Do You Have Any Questions About Crypto Currencies? List them here!
Thank you. When I opened my wallet, I also encrypted it. I hope that was the right thing to do. I am very new to crypto. I appreciate the help
Make backups, and have 3 min flash drives (you can buy 3 small ones for 9.99 or less at the store) to store it on (or paper copies) and encrypt the flash drives. Redundancy and security is the key.
Never store it on your computer!
I will do that. Thank you!
#cryptowallet How do you encrypt a flash drive? Is this backup method as good as using standard hardware wallets (e.g. Ledger Nano S)?
This is an example, but there are others online
http://www.online-tech-tips.com/computer-tips/encrypt-usb-flash-drive/
Any hardware wallet should be fine, but they really aren't needed. I prefer my ether wallet and paper wallets as they are easy to store.