Bitcoin Forum

i have a question about the safest way to protect you bitcoins sure some will say use safe software wallets but what about hardware i want to buy one and i am still in bit of doubt i honestly thought about Ledger wallet what do you think about it?

You can used ofline PC to hold BTC with Bitcore wallet, This is a best way. But you can used Ledger wallet. Don't used app from third-party.
But still mostly how you use the wallet.
 :) :) :)

you can use original wallet as myetherwallet for example

Using hard wallets or paper wallets are the best. As far as I know you can send it to offline hdd basically just to store and use over usb. I still think that wallets like electrum are safe enough.

Since when is bitcoin an altcoin? You are in the wrong board.
I can't believe that you are member of this forum since 2015. and you are asking this questions.

Read this https://bitcointalk.org/index.php?topic=1631151.0
It's all explained there.

the safest wallet is the offline wallet but there is still a risk that if the pc where you keep the offline wallet is destroyed then you can not do anything

A little advice from me,Keep in your wallet offline and do not open non-mobile sites
Use myetherwallet because so far it does not matter

i agree, so what you can do is to print the wallet on a old printer with no internet connexion and no memory, then you can still lose the paper, so there is no safe, there is always a risk

There are many ways to protect your bitcoin. the main protection is from Hackers.
1. Do not share your private Key of etherm wallet.
2. Do not Paste your Key in Google search.
3. Use etherscan.com to check your account and do not open ether wallet frequently by Pvt Key.
4. Always use private browsing so google will not record history.
5. Transfer your coins on Bittrex Wallet and use 2 way Authentication.

Good Luck.

maybe not storing in just one place you can be safe on that offline wallet may be the best but yet the risk is when it destroyed online wallet can risk to so you must analyze it where you must gonna do always check if your pc is good enough and always have a back up.

The best way to protect your crypto is hardware wallets like Ledger Nano S or Trezor. It has sence if you have pretty much amount of crypto. If not just use encrypted usb flash drive.

Some pretty solid advice above. There 3 main wallet types
which are the safest, paper wallets, hardware walets and
desktop wallets.

It is important to secure them with passwords, keya and
Authentication. Also it is important to secure those passwords,
etc. Safely and finally there should be a general practice of
Security and to keep it in mind with everything we do.

I think it's a waste of money. Ledger is just a waste of money, because you can just use a flash drive. And protect it is not nearly as good.

The safest way is storing private keys in a flash drive which is encrypted. Ledger is a actually product which is sold in the market and it may have some vulnerabilities now or in the future.

I prefer hard wallets and use ledger nano thats the best and secure way for me.
I suggest you to buy a ledger nano .

What does myether wallet has to do with storing bitcoins,since the OP is looking for hardware solutions Ledger Nano S , KeepKey and Trezor are the popular hardware wallets in the market ,just check for other wallets too and take a decision,look for paper and offline wallet too since you are looking for the safest solution.

Store to paperwallet and dont loss the private key

Best and easiest Hardware Wallet is Ledger nano S

I recently heard about a good application that allows for better protection of the wallet. Unfortunately I can not remember the name. If someone uses, I have heard the information. How does it work?

Yeah that's why hardware wallet is the safest yet more secured from anything else. Try ledger nano or trezor, it's quite pricey but at least you're coins are all safe especially when you really have a lot. While using flash drive is also safe but there's a chance that it'll get corrupted.

Use a hard or paper wallet but most importantly be sensible and safe, don't give out your information to anyone and always ensure that you have backups in case your PC goes kaboom! There are too many stories of people with bitcoins stuck in a busted hard-drive or likewise

If someone want to save his online income he must choice a nice wallet for his money safety. I want to suggest if any one protect his bitcoin they must need to use two step verification . It is very important to safest bitcoin. When someone login your account you got a code no on your mobile so no need to worry to hack your wallet.

activated two step verification is the best thing that we can do to protect our account because today too many attacker that trying to hack people account. so its better we trying many ways to secure the account than we are regret it later if our account getting hacked. the other protection that we can do is by activate sms text code verification too because i think its powerful and its directly connect with our cellphone and the code is sending into our phone so i think it could be another choice to secure our account.

 There are so many ways to keep your bitcoin secure and protected. First of all, DO NOT share your private key to anyone nor paste it in search engine, also use a private browser like incognito, be aware also of the url if you are visiting your wallet. Check your url because you might visiting a url made by the hacker for example; MyEtherWallet.com may change to MyEtherWalllet.com and this is one of the ways of the hacker, they change the spelling so be aware of that.

Yes, its worth to get a trezor or nano to protect your coins from such attack. It's pricey but at least you can sleep well at night because you know that your funds is safe. Of course you need to backup your password and seed and make multiple copies, print or save to usb. We all have the responsibility to protect ourselves because bitcoin is no longer a fad, huge amount of money is being involved everyday that's why hackers are really targeting it.

I think the ledger is the safest choice to keep the BTC offline. Online wallets are not as secure as offline wallets because they can't be hacked directly into your wallet.

If you do not hold much Btc then you can store it in different wallets online itself . If you have a large chunk then store it offline and ensure you note down the details and do not share it with anyone unless you would like to share it with family then it's fine . Just assure that you keep that paper safely in a locked drawer .

I think using wallet hardware is more secure, for the safest is depends on the user itself, if you use ledger you have to keep it well, if your ledger wallet is lost it is your carelessness.

Best way to store your bitcoins/altcoins is Hardwallet of course --> but if you dont have good amount of investment , hardwallet can be expensive for you. Then you can store your private keys with zipping them with a hard password and store them in two different usb and be careful when you need to use your private keys. Exodus can be a good alternative but you need to use its seed keys in a offline place.

Are you saying that if I purchase a Ledger Nano S, plug it into my HP laptop, set the two up use my Samsung S7 phone to buy bitcoin from an ATM, load the code & key onto my Ledger Nano S and then have my HP laptop stolen that all Bit / Altcoin on that PC are just gone?  As I understand it I have to set up a Hot Mobile Wallet to interact with the the ATM scanner and then transfer it to my PC.  Tks

Ledger wallet is hardwallet that the price is too expensive. Free online wallet is also good to protect your bitcoin with you must activated the 2 step verification like trough email, google auth or any authentications. Only this step will make your bitcoin safe free from hacking.

In my opinion, that would be the best option to safeguard your bitcoin, especially if you want to store large quantities. I would recommend you to buy one "Trezor", Ledger Nano S o KeepKey, since the chances to be hacked decrease with it, due to its ability to generate and store private keys even offline as well the recovery of it, unlike software wallets or online wallets where you have high probabilities of losses or thefts and once this happens there is no turning back.

Which one is better, hardware wallet such as Ledger nano or offline pc wallet?

If you don't have hard wallet you should now, alot of work has been done on most of these hard wallet and they keep imporn=ving them, there are the best available means now of saving your coins and tokens

Yes i agree with this , the problem is that most hardware wallets don't support most altcoins.

Maybe its a good thing because if one wallet could be used to store several different altcoins based on different blockchains I honestly think this would turn out to be a vulnerability, that's why specialisation is important if we want to safety. But as far as I know, they don't get any better than the Ledger wallets. get one and tell us your personal experience.

Thanks for your information, bitcoin master. Now, I have many more information about altcoins safety :)

you can protect your bitcoin.
if you ask the "Pros" what is the safest wallet to use.
and always aware of the Phishing  sites
just always check the address bar
if it has a "SSL CERTIFICATE".
proving that the site is not BOGUS

Safty and security is very important to protect our wallet.
so we can use some way
# don't share or post your private key,
# Always Bittrex wallet use 2 way Authentication
# most of time use scaner to check your account.
# ofline wallet

Also have a better securety softwer
# Ledger Nano S
# Trezor
It's very necessary to use by protect our bitcoin wallet.

Good question about safety of your bitcoin, your hard earned money. Hackers are working round the clock to breach security.
The hardware is not more important for this purpose.
Your PC/ Laptop/Mobile must be password protected.
Do not allow anyone to use it.
Do not save your password & private key in the computer. Keep them separately in the pen drive. One extra copy of pen drive must be in your locker.
Always use private browsing when working with wallet.

It is important to have some good habits for safety  your bit coins.
1. Hard ware like PC, LAPTOP etc lock with strong password.
2. Do not allow others to use it.
3. Do not save your password with browser.

1. Dont let anyone know that you have it. Your identity will be a starting point for them to know your email and password. Unfortunately there are still people around using their personal information like Birthday as password and their name as email add.
2. Don't post the BTC address where you put all your BTC.
3. Use 2FA if available.
4. Dont keep your passwords in any of your file in your PC.
5. Dont use public PC for transacting Bitcoin (Send or Receive).
6. Avoid using public Wifi when accessing your BTC wallet.

In addition, I am safer to break the bitcoin into altcoin, or directly convert bitcoin to Fiat. I prioritize a market that has layered security, KYC does not matter the origin of the balance awake and not just disappear. Hardwallet is the best choice but not too familiar to use. Antivirus is also a very important factor to prevent malware.

I don't have that kind of wallet, because actually i heard it for the first time. And i want to buy that kind of hardware wallet for my bitcoin, cause i think that is safe ( like what you said ) for the hacker. And i heard Trezor also like Ledger Nano S, and thats why i want to buy it someday for my secure purposes.

This is a way or you also using a software, and save the wallet.dat file will be goodness (executable on offline PC to increase safety)

Paper wallet I'd say, print a couple of copies off, keep one in your safe and the other at a secure location, it'll be as safe as your money at the bank, more so in fact since they can't just help themselves to it as easily as cash.

Keeping the paper wallet along with the private keys in a secure manner is the best way to protect the bitcoins. Other than which offline desktop wallets were preferred than the online wallets to have the best of security. Keeping the bitcoin on exchanges were not at all recommended, but I don't have such a thinking as most are good with their services.

Don't trust any website and app based wallet as they do not provide any private key or don't just store a huge amount of bitcoins to them, safest way is to use offline based wallet and trusted application for PC like bitcoin core or electrum, use print out paper wallets or if you want to invest on securing your coins you can buy Trezor, KeepKey or Ledger Nano S.
Secure your email and provide a long and not common passwords, learn more how the bitcoin and blockchain security works.
Last one is do not entrust anyone specially with your private key.

In my suspicion more secure is a hardware wallet. These wallets are bits of hardware, external devices like USB sticks which you can carry around on your person. An added benefit of a hardware wallet is the complete anonymity with which you can transact. There is no personal information linked to the hardware, so no identifying data which could be leaked. Hardware wallets are resilient to malware, and if you happen to lose the wallet you'll be able to recover the funds using a seed phrase.

Ledger nanao may meanbe you ,,is smartcard-based hardware wallet. The private key is created and signed offline in the secure environment of the smartcard, in case of theft, crack or lose the entire wallet can be re-created


little I know, about the wallet very banyk choice ;)

Wow, really? It's the first time I hear Bittrex has a wallet. Will read and check it out.

You should store your bitcoins local on a machine that you just connect to the internet, if you want to transfer coins. Dont store your coins in a online wallet, because you never now who is behind the service! You should also buy a Trezor to protect your access to your wallets!

Personally, I prefer to use paper wallets and hardware wallets.
These are the safest yet secured to store our coins. Paper wallets, just print as many as you want then place it in different areas. Ledger nano as hardware wallet, it's quite pricey but it's worth the price.

I only use hardware wallet that are stored in my own network! I never trust any people that want to store my coins. I just trust myself!  ::)

i think safety is important, but may we overtake actions to protect it, i usually put my bitcoin on exchanges and i care little about that it will be lost, maybe the amount is little