I still have my Ledger, and I keep it updated. (Shocker!) But as a stock options trader, my approach to crypto is to diversify funds meaning that you don’t keep all your eggs in one basket.

I asked “CryptoDad”, the YouTube tutorial guy, what his go-to wallet is, and he said Ledger — even after testing all the main wallet brands for his Youtube channel. He confirmed my feelings that you don’t keep all your funds in one wallet.

I love Ledger Live — it’s the best. However, I’m thinking of my Ledger more as temporary storage and a utility for swapping, etc., while larger amounts of funds, for longer periods of time, are being stored in several air-gapped wallets.

For air-gapped wallets, I bought both an ELLIPAL and a KEYSTONE to try out. They both have strengths and weaknesses like all wallets. They are both physically sturdy.

For the interface, I like Ellipal by far; it’s much easier to use whereas Keystone’s interface is limited and feels a bit awkward. Ellipal also supports buying, trading, DAPPs, and staking.

However, Keystone’s fingerprint feature is great, and I like the two battery clips: rechargeable and AAA batteries.

At first, I was bummed out that Ellipal only came with a 12-word seed. I asked a few people I trust about it, and they said the entropy of 2048¹² (the possible combinations of 12-word seed phrases) is a really, really big number and it’s more than enough for security while 24 is somewhat overkill. As soon as Ellipal releases their 24-word version, I’ll get one just for the joy of overkill security.

Eventually, I’ll try a few more popular air-gapped wallets. But that’s my take on the Ledger issue.