Bitcoin Forum

Other => Beginners & Help => Topic started by: udt89 on January 24, 2014, 11:14:06 AM



Title: Best practice for protecting your wallets
Post by: udt89 on January 24, 2014, 11:14:06 AM
I'm just about to start mining btc and some other alt coins

What's the best practice to protect myself from theft, hardware failure, etc?



Title: Re: Best practice for protecting your wallets
Post by: HASHRA on January 24, 2014, 11:21:16 AM
Go offline for the best security, presume everything on your computer/online is exposed... Paper style wallet or card in fire proof safe/deposit box.


Title: Re: Best practice for protecting your wallets
Post by: dmcx on January 24, 2014, 11:29:27 AM
- make sure you have clean and secured computer
- encrypt wallet
- make backups of wallet
- put large amounts to offline computer
- make paper wallets

This should protect your assets pretty well.

regards


Title: Re: Best practice for protecting your wallets
Post by: udt89 on January 24, 2014, 11:32:08 AM
What do you mean by paper wallet?

Is there an online tutorial that shows best way? Do I buy thumb drives to backup each wallet? Can I have multiple copies?


Title: Re: Best practice for protecting your wallets
Post by: hilariousandco on January 24, 2014, 12:12:08 PM
What do you mean by paper wallet?

Is there an online tutorial that shows best way? Do I buy thumb drives to backup each wallet? Can I have multiple copies?

https://blockchain.info/wallet/paper-tutorial

There are a few others as well. Just google for them or watch youtube videos.