Hardware Wallets are on the rise after the collapse of FTX

Hey Peeps!

It comes as no surprise that, in the wake of FTX's collapse, both Ledger and Trezor have seen some of the highest sales days in their history. 

As upsetting as the collapse of FTX is to many people, this is a wake-up call to all crypto holders that we do not own our crypto when it is held on exchanges. 

Unless we have the keys to the wallet, that is not our cryptocurrency....or as the famous saying goes "NOT YOUR KEYS, NOT YOUR COINS". 

"Last week saw Ledger's highest sales week in history. Sunday was our single highest day of sales ever. Until Monday, when we beat our all-time high again. The message is clear: people are realizing that we must return to decentralization and to self-custody. ‘Not your keys, not your coins.’ A saying as old as crypto itself, but it has never been more relevant." - Pascal Gauthier, CEO of Ledger

"While we welcome the surge in interest in self-storage solutions, we are not happy that the current surge in demand is the result of a massive loss of funds on FTX" - Joseph Tetek, Bitcoin Analyst at Trezor

I checked Google Trends and you can clearly see the massive spike in Google searches for "Hardware Wallets" starting around the time of FTX's collapse. 

I am predicting that 2023 will be the year of the Hardware Wallets. 

You can do almost everything with a Hardware Wallet that you can do with these crypto exchanges and non-custodial wallets. 

With a Ledger wallet, you can use the Ledger Live application to:

• buy and swap crypto,

• stake your assets to earn passive income,

• and even store your NFTs. 

You can also use Ledger Live to access some of the most popular web3 dapps, like 1inch and Zerion. 

I strongly implore everyone to go out and purchase a Ledger or Trezor hardware wallet ASAP!

Luckily after the collapse of Voyager, I learned my lesson, and basically 95% of my crypto is on my Ledger Nano. 

I do not want anyone else to go through the experience of losing their crypto by these incompetent crypto exchanges. 

Do you own a hardware wallet? 

Which one would you recommend to prospective buyers?

Let's try to share some information so we can help each other weather this crypto winter!

See ya!

:)