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Wednesday, January 31, 2024

Top Three Crypto Hard Wallets Review Part Three

Tangem, Ledger Nano X, and Ellipal Titan 2.0 Crypto Hardware Wallets: Their Positive and Negative Sides

There is an Ellipal Titan Crypto hardware wallet in the picture with various applications like Metamask around it

Part Three of the Article

Introduction

Greetings, dear readers and loyal followers! Here we are, slowly but surely, at the third and perhaps the most crucial part of this article, T

Review

Let’s get to work and start with the review of our Ellipal Titan 2.0 hard crypto wallet!

ELLIPAL Titan 2.0 Crypto Hardware Wallet


There is an Ellipal Titan Crypto hardware wallet in the picture

To see more pictures and check the price click this link:

https://amzn.to/3UfWEM3

What makes Ellipal Titan 2.0 so special and different from the others?

This behemoth, or Titan, as it stands in its name, in the world of crypto hardware wallets, is special for several reasons. Apart from being large and robust, resembling a smartphone, Ellipal Titan 2.0 is the first crypto hardware wallet with a fully enclosed metal casing resistant to manipulation of any kind. Besides its size which sets it apart from all other crypto hardware wallets, it is also unique in the way it uses QR technology for data transfer, not relying on connections like USB, Wi-Fi, or Bluetooth. It boasts a massive touch-sensitive screen and a camera for scanning QR codes, performing all operations in a few taps using the Ellipal app, further elevating the security level of this Titan in the world of crypto hardware wallets.

One of this wallet's most important security features is that, in the case of any attempt at forced opening or breach, all private keys are immediately erased. Additionally, since it is not connected to the internet but exclusively uses QR technology, all private keys are stored securely offline.

 

https://cryptonftworlds.blogspot.com/2024/01/top-three-crypto-hard-wallets-review.html

https://cryptonftworlds.blogspot.com/2024/01/review-of-top-three-crypto-hardware.html


How does this wallet secure your cryptocurrency?

Like all other crypto hardware wallets, Ellipal Titan 2.0 does not store cryptocurrencies on itself; they are securely stored on the Blockchain, where they belong. It saves your private keys, providing access to your cryptocurrency and enabling their management, such as selling, buying, staking, lending, etc.

Pros of Ellipal Titan 2.0 Crypto Hardware Wallet

  • Completely enclosed with a metal shell from all sides
  • Uses QR technology instead of Bluetooth, Wireless, or similar
  • No ports like USB, preventing hackers and security breaches
  • Cannot be opened or manipulated in any way, as private keys are erased in case of a breach
  • Not connected to the internet, so private keys are not exposed to danger
  • Creates a 24-word seed phrase and a 25th password
  • Has 2-factor authentication and additional security with a numeric PIN and gesture
  • Resistant to water, but only if sprayed, as full immersion in water would cause destruction

Cons of Ellipal Titan 2.0 Crypto Hardware Wallet

  • Not compatible with desktop computers
  • The price is considerably higher than other crypto hardware wallets

How Transactions Work on Ellipal Titan 2.0 Crypto Hardware Wallet

To perform a transaction using this crypto hardware wallet, three steps are required.

  • Generate a transaction using the Ellipal app on your phone and create a QR code
  • Scan this QR code with the camera of the Ellipal Titan 2.0 crypto hardware wallet, and Ellipal will then generate its QR code
  • Now, scan the QR code generated by Ellipal using the camera on your phone, and the transaction will be sent from Ellipal once the device signs and confirms it.



What’s in the Box of Ellipal Titan 2.0 Crypto Hardware Wallet

In the box, we receive Ellipal Titan 2.0, two paper cards on which we can write the seed phrase, a manual with instructions for use, a micro SD card, usually 16 GB, a charging cable, and a self-standing charging stand. Very simple and easy to use.

Does Ellipal Titan 2.0 have a seed phrase, and is it secure?

Yes, it has a 24-word seed phrase with an additional 25th password. Besides, it has 2-factor authentication and extra security with a numeric pin and gesture. In case of any attempt at breach or manipulation, the self-destruction of the private key is activated, leading to the loss of access to cryptocurrencies.

Moreover, it uses QR technology that has no access to the internet, making it impervious to hacking and online attacks of any kind.

All these features make Ellipal Titan 2.0 one of the safest crypto hardware wallets!

 

https://cryptonftworlds.blogspot.com/2023/11/how-i-became-cryptocurrency-millionaire.html

Mobile Applications for Ellipal Titan 2.0 Crypto Hardware Wallet

Unfortunately, this wallet has no options for desktop or laptop computers but is strictly oriented towards mobile phones, both Android and iOS. It also has its application, Ellipal, which further enhances its security.

Additional Security

For those interested in the highest level of security, Ellipal offers Metal Storage of the Seed Phrase made of indestructible steel, not digital. It is fire and water-resistant, very compact, and easy to carry and use.

If you buy them as a bundle you will save some money and buy them cheaper!

 

There is an Ellipal Titan 2.0 hardware, digital wallet and metal seed fraze storage on the picture

 

Conclusion

Well, dear readers, we’ve covered and reviewed all three crypto hardware wallets and reached the end of our article. The choice you make depends on you, your desires, and your possibilities, as I’ve only given you a selection from the simplest to the most equipped.

Personally, all three have their charms, but if I had to choose, I would go for Ellipal Titan 2.0 along with the Metal Seed Phrase Storage, as it offers absolute security.

Think carefully make a smart decision, and keep your crypto safe!

In this article, you will find some links that are affiliate links. If you click on one of those links and buy something we will get a small fee, but that fee is not charged to you, instead it is paid to us by the product owner or reseller. This way you can buy excellent products researched and reviewed by us without any additional cost to you!

Your shopping with our help can be so much fun and a positive adventure because our motto is:

Save your nerves, and save your money,

shopping with us is so easy and funny!

You can read this article and much more about crypto on Medium, Substack, or Publish0x:

https://medium.com/@neo250477

https://neo77.substack.com/

https://www.publish0x.com/world-of-cats-dogs


If you want to support my work buy me a coffee for $1.

ko-fi.com/neo77


Greetings and until my next article!

Neo77


Saturday, January 13, 2024

When to Buy Crypto and When to Sell, My System and Opinion Part Two

If you want to profit in the crypto market, the most important thing to learn is when to buy and when to sell. In this text, you’ll find some help on that

An old man with a gray beard, a Bitcoin trader is sitting at the desk full of Bitcoins

Second Part of the Article

Introduction

Greetings, dear readers and loyal followers!

As promised, here’s the second part of the article where we’ll delve into a topic as important as the first part. Specifically, when to sell your crypto and, more importantly, when to cash in your profits and withdraw money from exchanges.

Someone who is new to the crypto world or not involved in it might say, “What’s there to talk about? Once you’ve earned enough, cash in your profits, and that’s it.” However, it’s not as simple as it seems.

The first question arises when is the profit sufficient, and when is a person satisfied with their earnings to decide to convert crypto to fiat, feeling completely content.

The profit threshold that triggers a sense of satisfaction is not the same for everyone and is highly relative. What seems like a considerable amount to someone could be petty cash to another, and vice versa.

It also depends on the individual; someone wealthy might be frugal, while someone with a modest income might be generous, making even a million-dollar profit seem insignificant because they spend it quickly.

As mentioned, these matters are highly relative and individual, varying from person to person.

How to Determine the Satisfaction Threshold and When to Cash Out Profits?

In my opinion, everyone should set this threshold for themselves. To help you with that decision, I’ll share some of my personal tricks and advice that I use.

My Tricks and Treats

I hope my tricks and advice will be helpful, making you successful crypto investors. Although what I’ve shared may seem highly relative and intangible, there are still rules and guidelines that, if followed, can lead you toward gains.

Everything I’m about to tell you represents my personal views and is not financial or crypto advice. I’m not a financial advisor but a writer who loves to “share wise advice” and a small crypto investor, not someone with billions obtained by a lucky bet on a “Meme Coin,” pretending to be important, giving advice on investments!

The Adventure Begins

Let’s embark on a new adventure and imagine that we’ve invested in Bitcoin or another crypto and that crypto has started to rise significantly. We decide it’s time to withdraw our earnings.

The first thing I would do here is check the direction of the market, whether it’s in a bear or bull market. Why would I do that, you ask?

https://cryptonftworlds.blogspot.com/2022/12/bear-bull-and-crypto-winter-where-do.html

Because if the market is bearish, and your crypto has surged, my opinion is that it will soon and sharply decline. If it’s a bull market, there’s a good chance it will continue to rise throughout the bull market. What to do then?

If you’re not a Hodler and frequently buy and sell crypto, it’s good to cash out during a bear market and be patient during a bull market. The profit can double or even go 3X, 5X, or 10X in a few days. If you’re a Hodler, the word itself tells you what to do next!

Limits and Borders, Not Those National Ones

My second trick is to determine priorities and sums that are sufficient for me and with which I would be satisfied.

So, let me explain. Suppose I’ve invested in Bitcoin during a bull market, as I’m a Hodler and don’t touch BTC in a bear market. BTC starts to rise dangerously, and it’s expected to reach $100K.

I set upper and lower limits for profit with which I would be satisfied and remain well in the positive. In this case, the upper limit is the maximum growth expected for BTC, $100K, and the lower limit is a sum with which I would be content and stay in the positive if BTC doesn’t reach the upper limit of $100K but starts falling due to the end of the bull market.

For example, if BTC hits $98,485.33 and starts falling due to the end of the bull market, and I set the lower limit for withdrawal at $85K if it doesn’t soar again and hit $100K but continues to fall, I must definitely cash out at $85K, and that’s it.

If you use this method of mine, the most crucial thing is not to move the lower limit when the market falls. If you start moving it, in the end, you’ll end up in the negative, for sure!

https://cryptonftworlds.blogspot.com/2024/01/when-to-buy-crypto-and-when-to-sell-my.html

The upper limit can be EXTREMELY adjusted if the market dictates it. If BTC rapidly surpasses expectations, for example, reaching $200K instead of the expected $100K, the upper and lower limits can be adjusted. In this case, the new limits would be:

  • Upper limit: $200K
  • Lower limit: $185K

Such extreme cases are very rare but entirely possible in the crypto world, so be prepared for anything and have answers to all new circumstances ready. In the crypto world, expect the unexpected!

Still, it would be best not to touch these limits, as they are called limits, to reap the profit you predetermined and are satisfied with. But everyone does what they want, as this is a free market and a free country.

Profits Payout and Conclusion

Now that we’ve earned a substantial amount, it’s time to cash it out! The crypto you’ve gained can be cashed out in various ways. You can exchange it for fiat money and withdraw it to your bank account, convert it into stablecoins like USDT or USDC to reinvest later, or exchange it for fiat. You can turn it into BTC or ETH and hold, stake, lend it, or leave it in the crypto you prefer and withdraw it from the exchange to your cold or hot wallet.


https://cryptonftworlds.blogspot.com/2023/09/how-to-safeguard-your-crypto.html

The choice is yours, dear crypto investors, and only you can decide best what to do with your earnings.

My choice would be to cash out a portion into fiat and reinvest a portion in Bitcoin. But that’s just me and my choice, and I don’t want to force anyone into it. The most important thing is to have funds, and how each person decides to manage them is entirely up to them.

Beautiful worries come when you’re concerned about where to stash your earnings, and I wish you all many such concerns and good luck in investing!

You can read this article and much more about crypto on Medium, Publish0x, or Substack:

https://medium.com/@neo250477

https://www.publish0x.com/world-of-cats-dogs

https://neo77.substack.com/

If you want to support my work buy me a coffee for $1.



ko-fi.com/neo77

Greetings and until my next article!

Neo77




Wednesday, January 10, 2024

When to Buy Crypto and When to Sell, My System and Opinion

If you want to profit in the crypto market, the most important thing to learn is when to buy and when to sell. In this text, you’ll find some help on that.

A man in the armor is sitting at the table full of Bitcoins


This is the part one of the article!

Introduction

Greetings, dear readers and loyal followers! I’m back! As our good old Arnold would say! I’ve been away for a while and haven’t written anything new because of the Christmas and New Year holidays. Just like everyone else, we writers deserve a break during the holidays, but that time has passed, so now we can get back to our routine and start writing again.

The topic of today’s article is hinted at in the title, but I haven’t fully explained what I mean. So let’s start slowly and get into the writing. Many people who haven’t encountered crypto or any form of investment think that the answer to the question in the title is entirely easy and simple — buy crypto when it’s very, very cheap and sell it when it’s very, very expensive and worth a lot! Is it all that simple, or not? Let’s try to find out together in the following lines of this article. Let’s start with buying cryptocurrencies first, then we’ll address selling.

So, when is the real right time to buy crypto, and what’s the right price at which someone should buy it? The simplest answer to this question is to buy crypto during a Bear market and buy it when it hits rock bottom. But where is that bottom, and how can we be sure that we bought it cheaply? The answer to this question is not easy because crypto is highly volatile. What’s the bottom today might be the peak of growth in a few months or even days.

If you’re already a crypto expert, you surely know what I’m talking about. But for those less familiar, let’s explain this thesis with a simple example.

Bitcoin Example

Let’s say we’re monitoring the price movement of Bitcoin or any other currency, but for simplicity’s sake, let it be Bitcoin because it’s the most famous. We’ve decided to invest specifically in Bitcoin and look for a favorable moment. For the sake of this example, let the price of Bitcoin now be $23,000, and let the Bear market still be ongoing. We bought 0.1 BTC at this price, and it cost us $2,300.

If the market starts moving favorably or, as they say, “goes green,” and the price of Bitcoin starts rising, we’ll be in profit, and we’ll start making money. We’ll surely be happy with our decision. If the price of Bitcoin starts falling and “goes red,” we’ll start losing money and be dissatisfied. If the price continues to drop significantly and for a long time, let’s say it reaches a price of $15,000, we’ll be in big trouble and lose a good portion of our money.

Now, let’s explain the thesis from the earlier part of the text!

If someone else (anyone) buys Bitcoin at this price of $15,000, also 0.1 BTC or an investment of $1,500, and if the price starts to rise and keeps increasing every day, reaching $23,000, then this other buyer will be in a good profit, and maybe it’ll be the peak for them. But for us, who bought it at $23,000, it means just breaking even and that we need to make a profit now. As we see, what means profit to one person can be a loss or just breaking even to another.

So, as we’ve seen from this example, the concept of bottom is highly relative, and it’s difficult to determine. Until it’s dark for someone, it can’t dawn for another!

So, how should you act on the market, and where, when, and in what to invest, you’re probably wondering now?

Well, there are no easy answers to this question, but I’ll try to help you make difficult decisions with my example.

https://cryptonftworlds.blogspot.com/2023/12/how-i-earned-137-in-crypto-completely.html

Option One for Hodlers

The best time to invest is indeed during the Bear market, but then you must be prepared for a potentially long wait to realize your investment. You also need to invest in those cryptocurrencies that are somewhat “safe,” like Bitcoin or Ethereum. They have proven themselves over the years in multiple Bear and Bull cycles because investing in “unsafe” ones like “Meme Coins” can be fatal, and you can lose all your money.

If you’ve chosen this option, be sure that it’ll take several months or even years until your investment starts returning, and the dollars start filling your pockets.

My investments from 2021 have only now started giving returns, just so you know. So, I’ve waited a long time, but I think it was worth it, and my moment to fill my pockets with dollars is just around the corner.


https://cryptonftworlds.blogspot.com/2023/11/my-crypto-investments-for-upcoming-bull.html

Option Two for Quick Earnings

If you’re not the type of investor who likes to wait for a long time, then the second option is for you, where the investment returns can be smaller, but they’re certainly much, much faster.

So, you should wait for the Bull market to kick in and for all crypto to “go green.” Then, your choice is quite easy, and almost everything you invest in will return your investment and even reward you. But here, it’s harder to achieve profits like 5x, 10x, or 15x because most cryptocurrencies have already experienced at least a part of their growth, and some have done half or more. Here, you might come across real gems, but only if you’ve done good research or if you’re really lucky.

You might choose a crypto that has already grown by 5x, but it’s expecting a real rally and then it adds another 15x or 25x, although such situations are rare, like winning a lottery, but not impossible.

My experiences with these situations were in the previous Bull market with SHIBA INU, where I earned 10x because I bought at the right time, just before the rise. And now, in this Bull market, where I hope for something similar to the crypto I recently bought.

https://cryptonftworlds.blogspot.com/2023/12/bulls-charging-again.html

So, my advice to all of you would be to invest in “safe” cryptocurrencies like Bitcoin and Ethereum while we’re deep into the Bear market and then Hodl, and in ALTs only when the Bull starts and after good research and a lot of analysis.

Option Three for Traders

Of course, there’s also a third option, which is trading. With it, you can earn in both Bear and Bull markets, but it’s not for everyone, and losses as well as gains can be enormous, but also fatal, and you might lose your hard-earned money.

https://cryptonftworlds.blogspot.com/2023/10/crypto-trading-unveiled-more-exciting.html

Remember that nearly 80% of small investors lose everything in trading, and this statistic is well-tested and proven, so use your brain and make wise decisions!

This was the first part of my article, and you can expect a continuation soon. Please remember that I’m not a professional financial advisor, and everything in this article is my personal views and thoughts. So, please use your own brain, do your research (DYOR), and think really hard before any investment!

You can read this article and much more about crypto on Medium, Publish0x, or Substack:

https://medium.com/@neo250477

https://www.publish0x.com/world-of-cats-dogs

https://neo77.substack.com/

If you want to support my work buy me a coffee for $1.

ko-fi.com/neo77

ko-fi.com/neo77

Greetings, and until my next article!

Neo77



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