Great write up. I have only just started building myself a BTC kitty, and speculating in other altcoins and the 'safety' for me has been a worrisome thing. I will certainly investigate a hardware wallet a.s.a.p.. thanks for the info.
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Glad you found it helpful! Sometimes I keep altcoins on an exchange to trade or lend them, but if it is for longer term appreciation, a hardware wallet is a good thing.
Also, I think Ledger just came out with the Blue, which has more memory and can have more altcoin apps on it.