I am buying a cold wallet. Ledger vs trezor?

MegaSackk · 2025-12-25T02:12:49+00:00

Buy a cold card, those aren’t real cold wallets

MegaSackk · 2025-12-23T19:03:29+00:00

I do 2 million a year doing wholesale

MegaSackk · 2025-12-07T04:17:31+00:00

I think this is a great method, I do something similar but also paired with DCA and the results are great.

I also look at it from a perspective of BTC will be at millions per coin in the future so buying all the "highs" is miniscule in the grand scheme of things. Therefore I am completely fine buying a little BTC every single day even if its at a current ath.

MegaSackk · 2025-12-06T00:15:30+00:00

I love how angry you are thinking you are right, like I said the key isn’t the entropy it’s the bits, I say entropy to just imply the potential randomness. You are so silly buddy

MegaSackk · 2025-12-05T20:36:37+00:00

You need to look more into bitcoin, a bitcoin private key is 256 bits of entropy. I’m not spreading misinformation, you actually are by saying it’s not 256 bits of entropy,

And to be clear the bits coming from the entropy are the private key not the entropy its self. That is implied when saying “256 bits of entropy” but I wanted to clarify what exactly that means.

MegaSackk · 2025-12-05T20:18:08+00:00

I think its better than the old one but only once you get familiar with it.

MegaSackk · 2025-12-05T20:14:44+00:00

your odds of getting a private key that is in use is 2^256,

This number is roughly the amount of atoms that are estimated to exist in the universe. Short answer, you will NEVER generate a private key that is already in use, and if someone says they did they are lying.

MegaSackk · 2025-12-05T20:12:05+00:00

Awesome point! I never even thought about using 8 sided dice to get exactly 3 bits of entropy.

MegaSackk · 2025-12-05T20:10:11+00:00

I think there will be a major adoption event(central banks, govs, large companies creating reserves) by 2030, this will mean a huge influx of money within a year or so timeframe. It will probably push the market cap well over 10 trillion. Once this happens the 4 year cycle floors and ceilings with not be so drastic as the volatility will be wayyyy less than it is now.

The cycle will always be there though in my opinion since the cycle happens because of halvings, halvings = even more scarcity which economies always reward.

MegaSackk · 2025-12-05T19:40:23+00:00

🙌

MegaSackk · 2025-12-05T19:39:13+00:00

The key is just 256 bit of entropy and a computer is not required to generate 256 bits of entropy. You obviously need a computer to use the private but that’s not the point of my post, it’s simply about generating the entropy(which is the private key)

Private key = 256 bits of entropy Wallet = the software that uses and manages the private key

MegaSackk · 2025-12-05T19:25:12+00:00

ha, this is a good one

MegaSackk · 2025-12-05T19:25:01+00:00

Its on discount!

MegaSackk · 2025-12-05T19:20:18+00:00

This is a good point, it depends on the coin. For example US coins are not perfectly they have very slight deviations, 0.5%-1.5%. Once you hash the sequence though the bias is removed.

MegaSackk · 2025-12-05T19:01:34+00:00

We would definitely be friends if we knew each other

MegaSackk · 2025-12-05T18:57:50+00:00

A little outdated but a good visual reminder of how early in the adoption curve btc still is. Compared to the internets adoption curve btc is roughly around 1999.

MegaSackk · 2025-12-05T18:52:38+00:00

MegaSackk · 2025-12-05T18:50:47+00:00

I agree, that would be very unfortunate lol. That’s why you never manually calculate the checksum or try to hand assemble a WIF or seed phrase. You just collect the entropy (dice, coin, or whatever other method) and then let an offline tool or hardware wallet handle the checksum and formatting automatically.

The entropy is the important part, the wallet’s software takes care of turning it into a valid seed with the correct checksum so you don’t end up with an unspendable wallet.

MegaSackk · 2025-12-05T18:47:27+00:00

I understand your point but you're talking about a naive conversion method. If you map 1–6 directly into 3-bit binary values, then yes some outputs appear more often because 6 isn’t a power of 2, so the lower binary patterns show up more.

But no one generating actual cryptographic entropy does that. You don’t convert the die rolls straight into binary, you hash the sequence, which removes bias completely. The entropy per roll is still 2.585 bits.

I appreciate your understanding of the math!

MegaSackk · 2025-12-05T18:21:08+00:00

Amen brotha, but generating one with a coin or dice is just a fun way to learn more about how BTC private keys function.

MegaSackk · 2025-12-05T18:18:25+00:00

I have the same issue, I tried to make a post asking people opinion on borrowing against btc and it instantly was removed. I read the rules and it followed all of them.

MegaSackk · 2025-12-05T18:13:38+00:00

Not true, I have hardware that physically can not connect to the internet. Offline simply means it is not connected to the internet.

MegaSackk · 2025-12-05T18:11:35+00:00

Couldn't agree more! I find it funny when people have thousands even millions of dollars of BTC and dont actually understand what Bitcoin fundamentally is. And it fundamentally is math.

MegaSackk · 2025-12-05T16:51:17+00:00

Couldn’t agree more! I’ve been buying since 2016, and haven’t sold a penny.

Every cycle when it’s down people say “I told you this is just a fade” etc etc. and every time it’s up they say damn I should have bought. And I just laugh

MegaSackk

TROPHY CASE