Uploaded November 2020 | Updated September 2026, 1 hour ago
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! đ˘ 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: 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: youtube.com/watch?v=bc3HQqCSl7A. If you want to ask questions early (before the live event), become a Community Builder on Patreon: patreon.com/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 - youtu.be/pOVm8YK3A_0
Bitcoin Q&A: Is it safe to use one seed for all your wallets? - youtu.be/q_T7BR6zD1I
SUBSCRIBE to this YouTube channel and select the bell đ for notifications: aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
BECOME a Community Builder: patreon.com/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 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 Andreasâ Workshops, Books & Events**
Amazon & Kindle: amazon.com/-/e/B00MVAG8Z8
Audible: audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: aantonop.io/shop
Patreon: patreon.com/aantonop
Website: aantonop.com
Workshops: aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: facebook.com/AndreasMAntonopoulos
Instagram: instagram.com/amantonop
LinkedIn: linkedin.com/company/aantonop
Twitter: twitter.com/aantonop
Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
Thanks for watching!
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! đ˘ 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: 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: youtube.com/watch?v=bc3HQqCSl7A. If you want to ask questions early (before the live event), become a Community Builder on Patreon: patreon.com/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 - youtu.be/pOVm8YK3A_0
Bitcoin Q&A: Is it safe to use one seed for all your wallets? - youtu.be/q_T7BR6zD1I
SUBSCRIBE to this YouTube channel and select the bell đ for notifications: aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
BECOME a Community Builder: patreon.com/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 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 Andreasâ Workshops, Books & Events**
Amazon & Kindle: amazon.com/-/e/B00MVAG8Z8
Audible: audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: aantonop.io/shop
Patreon: patreon.com/aantonop
Website: aantonop.com
Workshops: aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: facebook.com/AndreasMAntonopoulos
Instagram: instagram.com/amantonop
LinkedIn: linkedin.com/company/aantonop
Twitter: twitter.com/aantonop
Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
Thanks for watching!
![Pinning Attacks on the Bitcoin Network and the Tradeoff Between Censorship and DoS [2023]](https://i.ytimg.com/vi/nRxP3ZyU2FI/mqdefault.jpg "Pinning Attacks on the Bitcoin Network and the Tradeoff Between Censorship and DoS [2023]
In this video, Andreas answers the question What are Pinning Attacks and Should We Fear Them? First, he describes what pinning attacks are and why a solution isnt as easy as it might seem. Balancing censorship and denial of service network attacks, Andreas explains these technical issues in his usual clear and easy to understand way.
Andreas regularly answers questions on livestreams from his patrons at https://patreon.com/aantonop Take a look to learn more.
COMMENT below and let us know what you think of the video. Post your follow-up questions there too!
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BECOME a Community Builder: https://patreon.com/aantonop
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. Thereâs even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonops many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by OâReilly Media. Heâs also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isnt promoting a company or an organization; hes 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. 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 Andreasâ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
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