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Title: Using old laptop for "cold storage" Post by: bitcoinbromo on April 15, 2018, 09:06:18 PM So I have an old laptop I want to dedicate to store coins that are not compatible with hardware wallets. The wifi card takes about 30 seconds to unhook, so the plan is get my wallets setup and leave the laptop offline until I want to sell/trade. I know this isn't the absolute most secure way but feel it is a good compromise of convenience and security (especially compared to just storing in wallet on gaming pc). Was wondering if anyone else is doing this and if so how they went about it as well as had a few questions.
1. Ubuntu or windows 7/10? I know there's a lot less malware out there for linux though I like the ability of windows to do full disk encryption and am also more familiar with windows. 2. Should I connect to the internet to update OS/download wallets after installing the OS and then go offline to setup wallets and backup private keys or should I get the wallets setup (transferred on thumb drive from potentially unsecure computer) and keys backed up before the laptop is ever connected to the internet and then go about updating the OS? Title: Re: Using old laptop for "cold storage" Post by: kingzpro on April 15, 2018, 09:07:31 PM It may work out if its your private laptop and no one else has access to it, otherwise i will recommend you to use a physical wallet, they are more secure and personal.
Title: Re: Using old laptop for "cold storage" Post by: Agozyen on April 15, 2018, 09:56:39 PM So I have an old laptop I want to dedicate to store coins that are not compatible with hardware wallets. The wifi card takes about 30 seconds to unhook, so the plan is get my wallets setup and leave the laptop offline until I want to sell/trade. I know this isn't the absolute most secure way but feel it is a good compromise of convenience and security (especially compared to just storing in wallet on gaming pc). Was wondering if anyone else is doing this and if so how they went about it as well as had a few questions. 1. Ubuntu or windows 7/10? I know there's a lot less malware out there for linux though I like the ability of windows to do full disk encryption and am also more familiar with windows. 2. Should I connect to the internet to update OS/download wallets after installing the OS and then go offline to setup wallets and backup private keys or should I get the wallets setup (transferred on thumb drive from potentially unsecure computer) and keys backed up before the laptop is ever connected to the internet and then go about updating the OS? This is okay for what you describe. However, you need to back your wallets up and keep them safe. Anything could happen to that laptop and the last thing you want to do is to lose your coins. Also, sync your wallets as often as possible. You don't want to have to wait forever if you do need to send. Title: Re: Using old laptop for "cold storage" Post by: Melfoy72 on April 15, 2018, 10:03:05 PM So I have an old laptop I want to dedicate to store coins that are not compatible with hardware wallets. The wifi card takes about 30 seconds to unhook, so the plan is get my wallets setup and leave the laptop offline until I want to sell/trade. I know this isn't the absolute most secure way but feel it is a good compromise of convenience and security (especially compared to just storing in wallet on gaming pc). Was wondering if anyone else is doing this and if so how they went about it as well as had a few questions. I think it's good idea even for usual crypto for those who hasn't modern hardware wallets.1. Ubuntu or windows 7/10? I know there's a lot less malware out there for linux though I like the ability of windows to do full disk encryption and am also more familiar with windows. 2. Should I connect to the internet to update OS/download wallets after installing the OS and then go offline to setup wallets and backup private keys or should I get the wallets setup (transferred on thumb drive from potentially unsecure computer) and keys backed up before the laptop is ever connected to the internet and then go about updating the OS? But it strongly recommended to upgrade your HDD or SSD. Then reinstall clean OS and antimalware.... and you sholdn't connect it to web Many wallets provide off-line signatures. MEW for example. Title: Re: Using old laptop for "cold storage" Post by: bitcoinbromo on April 15, 2018, 10:27:15 PM So I have an old laptop I want to dedicate to store coins that are not compatible with hardware wallets. The wifi card takes about 30 seconds to unhook, so the plan is get my wallets setup and leave the laptop offline until I want to sell/trade. I know this isn't the absolute most secure way but feel it is a good compromise of convenience and security (especially compared to just storing in wallet on gaming pc). Was wondering if anyone else is doing this and if so how they went about it as well as had a few questions. I think it's good idea even for usual crypto for those who hasn't modern hardware wallets.1. Ubuntu or windows 7/10? I know there's a lot less malware out there for linux though I like the ability of windows to do full disk encryption and am also more familiar with windows. 2. Should I connect to the internet to update OS/download wallets after installing the OS and then go offline to setup wallets and backup private keys or should I get the wallets setup (transferred on thumb drive from potentially unsecure computer) and keys backed up before the laptop is ever connected to the internet and then go about updating the OS? But it strongly recommended to upgrade your HDD or SSD. Then reinstall clean OS and antimalware.... and you sholdn't connect it to web Many wallets provide off-line signatures. MEW for example. Why do you say to upgrade the hdd and what do you mean by provides offline signatures? Is it really better to copy a copy of the wallet downloaded from a potentially infected computer/thumb drive to the offline pc than just go online to download directly from github? Title: Re: Using old laptop for "cold storage" Post by: uszaty43 on April 15, 2018, 10:28:13 PM It may work out if its your private laptop and no one else has access to it, otherwise i will recommend you to use a physical wallet, they are more secure and personal. Yeah, but he is using an "old" laptop. What if his old laptop is infected with a rat? or any other shit that maybe can compromise his bitcoins/coins that he is going to store? I would prefer to spend $100 and buy a ledger wallet. Title: Re: Using old laptop for "cold storage" Post by: bitcoinbromo on April 15, 2018, 10:36:31 PM It may work out if its your private laptop and no one else has access to it, otherwise i will recommend you to use a physical wallet, they are more secure and personal. Yeah, but he is using an "old" laptop. What if his old laptop is infected with a rat? or any other shit that maybe can compromise his bitcoins/coins that he is going to store? I would prefer to spend $100 and buy a ledger wallet. I own a ledger, though most newer coins are not supported (bitcoin private and ravencoin for example). Title: Re: Using old laptop for "cold storage" Post by: sandor111 on April 15, 2018, 10:40:52 PM It may work out if its your private laptop and no one else has access to it, otherwise i will recommend you to use a physical wallet, they are more secure and personal. Yeah, but he is using an "old" laptop. What if his old laptop is infected with a rat? or any other shit that maybe can compromise his bitcoins/coins that he is going to store? I would prefer to spend $100 and buy a ledger wallet. Title: Re: Using old laptop for "cold storage" Post by: VanDeinsberg12 on April 15, 2018, 10:42:49 PM So I have an old laptop I want to dedicate to store coins that are not compatible with hardware wallets. The wifi card takes about 30 seconds to unhook, so the plan is get my wallets setup and leave the laptop offline until I want to sell/trade. I know this isn't the absolute most secure way but feel it is a good compromise of convenience and security (especially compared to just storing in wallet on gaming pc). Was wondering if anyone else is doing this and if so how they went about it as well as had a few questions. If you are not familiar with ubutn and you could use windows to make yourself will be more easily to control your fund. Remember never try to clicking any suspicious link or malware. I use windows and i'm about that never get any problem with it. 1. Ubuntu or windows 7/10? I know there's a lot less malware out there for linux though I like the ability of windows to do full disk encryption and am also more familiar with windows. 2. Should I connect to the internet to update OS/download wallets after installing the OS and then go offline to setup wallets and backup private keys or should I get the wallets setup (transferred on thumb drive from potentially unsecure computer) and keys backed up before the laptop is ever connected to the internet and then go about updating the OS? 2 I guess you should never updating your OS for me it's better for you to upgrade your anti virus rather than updating your OS. Anti virus has an important role to prevent malware. Title: Re: Using old laptop for "cold storage" Post by: cesarzgamer on April 15, 2018, 10:54:27 PM So I have an old laptop I want to dedicate to store coins that are not compatible with hardware wallets. The wifi card takes about 30 seconds to unhook, so the plan is get my wallets setup and leave the laptop offline until I want to sell/trade. I know this isn't the absolute most secure way but feel it is a good compromise of convenience and security (especially compared to just storing in wallet on gaming pc). Was wondering if anyone else is doing this and if so how they went about it as well as had a few questions. 1. Ubuntu or windows 7/10? I know there's a lot less malware out there for linux though I like the ability of windows to do full disk encryption and am also more familiar with windows. 2. Should I connect to the internet to update OS/download wallets after installing the OS and then go offline to setup wallets and backup private keys or should I get the wallets setup (transferred on thumb drive from potentially unsecure computer) and keys backed up before the laptop is ever connected to the internet and then go about updating the OS? You can do as you said. But if you are not familiar with ubuntu then use windows it's much easier to use than ubuntu. Windows 7 use less RAM than windows 10 so it will work better on older laptops. And about coins, you have to remember to backup them and i think you will be safe. Title: Re: Using old laptop for "cold storage" Post by: Nalbo on April 16, 2018, 08:11:53 AM So I have an old laptop I want to dedicate to store coins that are not compatible with hardware wallets. The wifi card takes about 30 seconds to unhook, so the plan is get my wallets setup and leave the laptop offline until I want to sell/trade. I know this isn't the absolute most secure way but feel it is a good compromise of convenience and security (especially compared to just storing in wallet on gaming pc). Was wondering if anyone else is doing this and if so how they went about it as well as had a few questions. 1. Ubuntu or windows 7/10? I know there's a lot less malware out there for linux though I like the ability of windows to do full disk encryption and am also more familiar with windows. 2. Should I connect to the internet to update OS/download wallets after installing the OS and then go offline to setup wallets and backup private keys or should I get the wallets setup (transferred on thumb drive from potentially unsecure computer) and keys backed up before the laptop is ever connected to the internet and then go about updating the OS? Yes, using the best suited wallet would be good. Than go offline to create your private key and wallet and transfer the coins to it from a connected computer. You don't even need to sync at all if you have sent it to the correct address. Title: Re: Using old laptop for "cold storage" Post by: Captainluffy24 on April 16, 2018, 10:22:18 AM You mentioned that this is an old laptop so I'm not so sure if this is really safe because once this is damaged tendency is to lose all of your coins but this will surely work. For me, I'm using mini computers as my storage because these operates under low voltage so I'm sure that this is not easily damaged and also i'm using a memory card serves like the hard drive of this so I have numbers of backup.
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