RE: Ledger Nano S Guide - How to use a Hardware Wallet by redwood419

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bitcoin · @redwood419 · Aug 5 '17

$0.18

I think hardware wallets are smart. However, how quickly can you liquidate your digital currency and how do you do it?

👍 boxmining, gryphon, sheikhfarooq

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@boxmining · Aug 5 '17

you have to transfer to an exchange. hardware  wallets are for long term storage. I used to store all my currency on an exchange called Mt Gox. Big mistake.

👍 brenda-nalle, ursabursa

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@redwood419 · Aug 5 '17

Thanks. Makes sense! So if I take my bitcoin off an exchange like Coinbase and transfer to a hardware wallet but then a few months later need to transfer to dollars then how do I transfer my bitcoin back on coinbase to then get dollars?

👍 oneki

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