3 Hardware Wallet Myths That Could Make You Lose All Your Crypto 💸

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Are you making these dangerous mistakes with your crypto hardware wallet? 🤔

In this video, I bust the Top 3 Myths that could actually cause you to lose your crypto:
1️⃣ Thinking your coins are “stored” on the device
2️⃣ Believing max security = best choice (ignoring usability)
3️⃣ Assuming wallets must be 100% open-source to be safe

Along the way, I’ll explain why these misconceptions exist and give you practical tips to keep your crypto safe, secure, and easy to manage.
🔥 Plus, I’ll share details about the latest wallet deals and rebates you don’t want to miss.
👉 Watch now to level up your self-custody strategy and avoid costly mistakes!

#CryptoDad #HardwareWallets #CryptoSecurity

⏱️ Time-Coded Chapters
00:00 – Intro: Top 3 Hardware Wallet Myths That Could Cost You
00:37 – Current Sales & Rebates (Ledger BTC Boost + Tangem Labor Day)
02:32 – Myth #1: “Crypto is stored on the device” ❌
05:31 – Why you must keep devices updated (firmware & new models)
06:14 – Myth #2: “Maximum security = best choice” ⚖️
07:45 – Finding the sweet spot: Security vs. usability
09:16 – Backup phrase mistakes & over-complicated security strategies
11:07 – Myth #3: “Wallets must be 100% open source” 🔓
12:10 – Why the industry uses Secure Element chips (and why that’s safer)
15:09 – Trust through rigorous third-party testing & certifications
17:06 – Wrap-Up & Final Thoughts + Call for Questions


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💡 DISCLAIMER: This video is for educational purposes only and should not be considered financial advice. Always do your own research before investing in cryptocurrencies.