Get my new Bitcoin book:
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In this video, I discuss whether Bitcoin paper wallets are a safe way to hold one's private keys.
There are multiple problems with paper wallets including:
1) Paper is easily destroyed by fire, water, wind, or otherwise lost.
2) The website that you are using to create your paper wallet may steal your Bitcoin using your private keys.
3) Your printer may store your paper wallet info in its memory or hard drive storage.
4) Your Bitcoin private information could be intercepted as it is sent to the printer via WiFi.
Not investment advice! Consult a financial advisor.
Bitcoin Wallets: Recovery Seed, Passphrase, and Pin:
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My favorite hardware wallet:
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Paper wallet website scams:
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How I Store My Bitcoin (Revealed For The First Time):
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Check out my online trading courses:
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Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
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Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
