It is okay to store most of your cryptcurrency (including bitcoin) in a non-custodial mobile wallet? Not really. How much crypto should you store on your phone? Apply the tears test! 😢 Save yourself some tears and watch this video.

0:00 Is it okay to store most of my crypto in non-custodial phone wallets vs hardware wallets?
0:15 Mobile wallets compared to desktop
0:41 The tears test for hardware wallets

Where to store my cryptocurrency is a common question and honestly a constant struggle for most people. We want our bitcoin to be 100% safe but also we want to have access. In this video, Andreas quickly explains why phones are great for small amounts of crypto but not so great for larger amounts. He applies what we're calling the tears test, which is if you would cry if you lost that amount of cryptocurrency, then it's probably too much crypto to hold on your mobile device.

Andreas workshop Choose Your Cryptocurrency Wallet will teach you all about mobile, desktop, software, and hardware wallets. Most importantly, he'll teach you how to stop relying on others and learn how to choose your own wallet for yourself. Learn more and watch a video preview: https://aantonop.com/workshops

This question is from the bonus livestream on Key Management which took place on May 23rd, 2020. Watch the entire video here:    • Crypto Key Management and Hardware Wa...  . If you want to ask questions early (before the live event), become a Community Builder on Patreon:   / aantonop   Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.

Related Videos
Bitcoin Q&A: Climbing the sovereignty staircase -    • Bitcoin Q&A: Climbing the Sovereignty...  

Bitcoin Q&A: Is it safe to use one seed for all your wallets? -    • Bitcoin Q&A: Is it Safe to Use One Se...  

SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://aantonop.io/youtube

JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: https://aantonop.io/youtube

BECOME a Community Builder:   / aantonop  

About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com

From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.

**Learn More From Andreas’ Workshops, Books & Events*
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andrea...
E-books & Merch: https://aantonop.io/shop
Patreon:   / aantonop  
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops

**Connect with Andreas on Socials**
Facebook:   / andreasmantonopoulos  
Instagram:   / amantonop  
LinkedIn:   / aantonop  
Twitter:   / aantonop  

Music: "Unbounded" by Orfan (  / grassfedbitcoin  )

Thanks for watching!