Safe way to store your Bitcoin to avoid being hacked.

[SuperBitMan]

E get one news way I hear recently say them hack Bybit con thief money and na huge amount of money oo news talk say na $1.46 billion in Ethereum, even Bybit management done confirm the news say na watin happen, all this exchange way we they see everywhere no really they safe to they store your Bitcoin and hold for long term, now the best way to store your Bitcoin na by

1. Store am with hardware Wallets.

You fit still call am offline storage, we get wallet like ledger and trezor for the offline storage, this device go store your Bitcoin offline with like this now e go they immune to all this online hackers, this offline storage na the safest way to store or hold Bitcoin for long term o.

2. Store am for Non-Custodial Wallets.

For example we get.
Exodus or Electrum: na software wallets way they very friendly en go give you control over your private key, this wallets they secure more than all this exchanges.

3. Use cold storage.

Cold storage na method way them they use store Bitcoin and other crypto coin offline to protect am from hackers, cold storage go keep your private key offline, this cold storage they give high security compared to online or hot wallet way dey connected to online.

[Amphenomenon]

Actually, Hardware  wallets are part of  cold wallets which now includes paper wallets, airgapped wallets and the likes.

2. Store am for Non-Custodial Wallets.

For example we get.
Exodus or Electrum: na software wallets way they very friendly en go give you control over your private key, this wallets they secure more than all this exchanges.

Electrum is a good example of wallet for bitcoin, especially since it's open source and secure.

Exodus is a closed source wallet but there are not really much good or trusted open source non-custodian wallets for altcoins to be honest and so I think with altcoins sticking with  exodus and some others are the best while the only open source non-custodian wallet I know is unstoppable wattage but unfortunately I don't know if they have rectified their syncing issues and they may have limited coins. Although one might just stick to a good Hardware wallet like Tezos for their altcoins and bitcoin.

[Cryptomultiplier]

One thing to note is that no one can really know how they might get hacked in the end, but it is better to prepare for the worst case scenario always so as to always be on top.
One could use multiple exchange wallets, diversify their portfolio also, so as to not be left hanging with an issue like this.

The amount of funds or coins one has in their wallets should be able to whisper some common sense in the regard of how best to store it, how best to access it, and how best to multiply it over time and that's what should prompt the kind of wallet you use, the strategy of investment to adopt and the security protocols you feel convenient with but that causes confusion for hackers.
Any exchange can be hacked but we must not fail to acknowledge that the hackers would need permission somehow with your information and that's where the trick is. Always pay attention to your account informations and updates before clicking okay.

[CryptoHeadlineNews]

E get one news way I hear recently say them hack Bybit con thief money and na huge amount of money oo news talk say na $1.46 billion in Ethereum, even Bybit management done confirm the news say na watin happen, all this exchange way we they see everywhere no really they safe to they store your Bitcoin and hold for long term, now the best way to store your Bitcoin na by

Right from time, any experience person who has been into crypto should know that exchanges has never been the best and safest place to store our Bitcoins or any other cryptocurrencies, due to the lack of full control we stand not to have by storing our funds on crypto exchanges, and likewise the high risk we tend to encounter if eventually such exchange is hacked, as in such case, such exchange may disable withdrawal of funds, and you may not have access to it. Hence, non custodial Bitcoin walles remains the best wallets to safeguard your funds, where you own the private key to it.  Such as wallets like BlueWallet, Electrum and Exodus.

[promise444c5]

Offline storage is literally same thing as cold storage but "Cold Storage" as name is the most used among others and  it's best done on  an Aigapped  device..
Hence, You can use HW wallet as a watch only wallet aswell, giving  you the chance of carrying out your signing on an Airgapped device just as you will do for a normal wallet setted up to use a cold storage..  

[ejikeme24]

E get one news way I hear recently say them hack Bybit con thief money and na huge amount of money oo news talk say na $1.46 billion in Ethereum, even Bybit management done confirm the news say na watin happen, all this exchange way we they see everywhere no really they safe to they store your Bitcoin and hold for long term, now the best way to store your Bitcoin na by

1. Store am with hardware Wallets.

You fit still call am offline storage, we get wallet like ledger and trezor for the offline storage, this device go store your Bitcoin offline with like this now e go they immune to all this online hackers, this offline storage na the safest way to store or hold Bitcoin for long term o.

2. Store am for Non-Custodial Wallets.

For example we get.
Exodus or Electrum: na software wallets way they very friendly en go give you control over your private key, this wallets they secure more than all this exchanges.

3. Use cold storage.

Cold storage na method way them they use store Bitcoin and other crypto coin offline to protect am from hackers, cold storage go keep your private key offline, this cold storage they give high security compared to online or hot wallet way dey connected to online.

You're absolutely right, is always advisable to use non custodial wallet in storing our asset. Because when you store your asset in non custodial wallet, definitely you will be the only one that will have full control over your asset. which is why non custodial wallet is highly recommended for bitcoin investors.

Moreover, storing our asset in noncustodial wallet will also prevent us from not losing our assets. except you give them the access to your wallet, but without them having the access to your wallet. definitely there is no way they can temper our asset when it is being stored in non custodial wallet.

[letteredhub]

Actually, Hardware  wallets are part of  cold wallets which now includes paper wallets, airgapped wallets and the likes.

2. Store am for Non-Custodial Wallets.

For example we get.
Exodus or Electrum: na software wallets way they very friendly en go give you control over your private key, this wallets they secure more than all this exchanges.

Electrum is a good example of wallet for bitcoin, especially since it's open source and secure.

To avoid been hacked cold wallets would be just fine in my opinion, it no where near online as it's absolutely an offline wallet and as such you won't have to worry about any hacks or bugs from any link. Am not saying electrum isn't one good wallet among bitcoin wallets but it's online connected and any error from the user could lead to bruteforce or a hack though I haven't heard of anyone complained about his electrum wallet getting hacked except for where he carelessly misplaced his seed phase to the knowledge of a third party.

[Ojinga]

Na who get coin go Dey fear to lose am no be me wey Dey try see if I get small one use hold body.
The issue with safety is becoming a global issue and this time, is not just about personal safety but rather the general safety of wallet or exchange and it seems most people in our country especially those that don’t prioritize holding prefer to use exchanges because of the ease in selling their coins and as such, they have to be very careful of the exchanges they use and always do proper research before using an exchange.

[Cryptohygenic]

That tin way happen to the Bybit exchange be like record breaking in the history of wallet hackings. $1.4 billion hacking record no be here oh and e really don cause high tension for people way dey store their assets for exchanges but a question to ask be say why people go even stil dey keep their money for centralized exchange even with the past histories say hackers dey succeed to dey invade centralized exchange well well due to their poor security networks? For the other side again, users for the centralized exchanges no dey full control of their funds so wetin to make a learned or concious crypto owners to keep their funds there for too long?

[asarfiar]

E get one news way I hear recently say them hack Bybit con thief money and na huge amount of money oo news talk say na $1.46 billion in Ethereum, even Bybit management done confirm the news say na watin happen, all this exchange way we they see everywhere no really they safe to they store your Bitcoin and hold for long term, now the best way to store your Bitcoin na by

Right from time, any experience person who has been into crypto should know that exchanges has never been the best and safest place to store our Bitcoins or any other cryptocurrencies, due to the lack of full control we stand not to have by storing our funds on crypto exchanges, and likewise the high risk we tend to encounter if eventually such exchange is hacked, as in such case, such exchange may disable withdrawal of funds, and you may not have access to it. Hence, non custodial Bitcoin walles remains the best wallets to safeguard your funds, where you own the private key to it.  Such as wallets like BlueWallet, Electrum and Exodus.

Wetin I go talk now be say holding cryptocurrency or bitcoin for exchanges fit dey very risky because exchanges no dey under our control and them dey prone to security wahala. Non-custodial wallets dey very important for this kind thing. These wallets go hold your Bitcoin and the private keys go dey under your own control. So, if you wan transfer any money, na you go control am.

Some wallets wey people sabi well well na BlueWallet, Electrum, and Exodus. Among these wallets, I find say BlueWallet dey easy to use and e good for Bitcoin. Electrum safe and fast, and Exodus get good security and fine user interface. But no matter the wallet wey you use, you gats make sure say you store your private keys well, because if you lose am, you no go fit recover your cryptocurrency again.

[Spaceman1000$]

Omo the thing be say all this central exchanges, non of them dey safe, them them fit still pull this hit, then use one or two story as excuse to take cover am up. At everytime for Forum, people don talk tire say make we no dey use central exchanges take dey store out Bitcoin, say e no dey safe, one thing with human beings be say, e no get how you wan take talk, as long as say their mind don tell them to do that thing, na that them go dey do until them see the resultant effect. Your Bitcoin na your asset, no put a for where hackers go wipe them all without a single trace, don't be a victim.

[PremiumcryptoHub]

In my opinion while gaining knowledge about cryptocurrency we should also know that keeping Bitcoin on an exchange, that is keeping any coin on an exchange may not be safe for us. If we cannot store our Bitcoins safely, then maybe they could be hacked from us.

Everyone may have heard about the recent Bybit exchange hack, so maybe everyone should be careful that centralized exchanges can never be secure. Even non-custodial wallets may be the best for storing Bitcoin because they will be under our sole control. So it is very important for everyone to always remember that, Not your keys not your coins.

[Tonimez]

One thing to note is that no one can really know how they might get hacked in the end, but it is better to prepare for the worst case scenario always so as to always be on top.
One could use multiple exchange wallets, diversify their portfolio also, so as to not be left hanging with an issue like this.

The amount of funds or coins one has in their wallets should be able to whisper some common sense in the regard of how best to store it, how best to access it, and how best to multiply it over time and that's what should prompt the kind of wallet you use, the strategy of investment to adopt and the security protocols you feel convenient with but that causes confusion for hackers.
Any exchange can be hacked but we must not fail to acknowledge that the hackers would need permission somehow with your information and that's where the trick is. Always pay attention to your account informations and updates before clicking okay.

This is the fact. One thing I advise people is to mind how they expose their details to people or online platforms. Some platforms will always claim they are doing fake giveaways and ask for both addresses and id. People fall for this and later start getting strange notifications and messages that sometimes lead them into scams. Guard your wallets very well and leave online giveaways in crypto alone. Most of them are aimed at getting your details for a later scam.