Now that Bitcoin is flirting with 3,000 again, I decided it was time that I took a small portion of my initial Bitcoin investment and diversify my holdings a bit. I don't have a solid plan or strategy at the moment (still doing lots of research! Thanks to all the new friends on Steemit!), so suggestions are welcome but it seems like diversifying is a good idea. Most of the altcoins also seem to be up with Bitcoin leading the surge so maybe right now is not the best time, but I am ready!!!
If you follow along with the Cryptostache blog (best looking mustache in the West!), then you already read my post about moving my funds from Coinbase to my own paper wallet. I moved my Bitcoin from Coinbase to my own paper wallet because all I hear on Steemit lately is “make sure you own your own keys” and this makes a ton of sense to me anyways. While I moved the bulk of my Bitcoin to my paper wallet, I sent 0.1 BTC to my brand new Exodus wallet!
After reading about the different types of wallets and asking @rhyt a few questions (and him overwhelmingly recommending Exodus), I decided to give Exodus a try. Exodus currently supports Aragon, Augur, Bitcoin, Decred, Dash, EOS, Ethereum, Golem, and Litecoin. So far I am loving the platform! As a web designer and graphics guy I can REALLY appreciate great UI/UX as it is what I strive for in my own work daily and Exodus is nothing short of great looking and super easy to use. I did watch a few videos first, but mostly for research reasons, and I started using Exodus right away without a need for tutorials.
Now that I have some funds in my Exodus wallet I tried out the currency exchange feature through ShapeShift, and while it took a little time the interface and flow through Exodus worked well. I picked up a little bit of ETH to test it out!
Next up I think I will give a hardware wallet a try as I have been seeing a lot of people reviewing them and I love the idea of a specific piece of hardware for holding your coins.
So far so good with Exodus. What's your favorite wallet??
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