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Author Topic: 12 Steps to Keep Your Bitcoins Safe  (Read 2037 times)
LiteCoinGuy (OP)
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April 30, 2016, 01:45:25 PM
 #1

12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe

darkmagician
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April 30, 2016, 02:35:11 PM
 #2

12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe
thanks for this wonderful share, now i know how to do to my bitcoins to keep them safe always.. Grin Grin
katiecbell
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April 30, 2016, 02:53:46 PM
Last edit: July 08, 2016, 01:26:23 PM by katiecbell
 #3

Good information except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think Iphones are more secure and are the best
elobizph
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April 30, 2016, 04:06:46 PM
 #4

A very informative way to protect our bitcoins!
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April 30, 2016, 04:11:01 PM
 #5

Good News and information  Smiley
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April 30, 2016, 04:13:45 PM
 #6

Thanks for very important information,useful work

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kwaasteniet
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April 30, 2016, 04:39:40 PM
 #7

Of course it seems to be twelve open doors but nevertheless important stuff
LTU_btc
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April 30, 2016, 05:53:50 PM
 #8

Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.

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April 30, 2016, 06:06:23 PM
 #9

Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.

I prefer to have something portable which i can use in many devices like laptop or phone on the go, but stucking only on the phone is not a good idea. A good idea is to have another security layer at the phone like CM Security and mazlock.
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April 30, 2016, 10:22:10 PM
 #10

It is a very nice enumeration of how to keep your Bitcoins save.
Thanks for sharing! I learnt a lot new stuff reading the article.
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April 30, 2016, 10:33:37 PM
 #11

Was just about to search for this after reading about a guy getting his wallet emptied from his computer,seems to happen to you if you have a decent amount sitting around. Will shelve this thread for when I am sitting on coins.

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May 01, 2016, 12:09:25 AM
 #12

I never was a big fan of having a phone mobile wallet...

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May 01, 2016, 12:39:56 AM
 #13

Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.

I prefer to have something portable which i can use in many devices like laptop or phone on the go, but stucking only on the phone is not a good idea. A good idea is to have another security layer at the phone like CM Security and mazlock.

If you constantly carry your phone around, it is very insecure. Theft, damage, anything really.
Web wallets are obviously the worst possible option.

The line is correct.
pooya87
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May 01, 2016, 03:28:44 AM
 #14

Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.

I prefer to have something portable which i can use in many devices like laptop or phone on the go, but stucking only on the phone is not a good idea. A good idea is to have another security layer at the phone like CM Security and mazlock.

it is not about convenience it is about security. of course it is good to have a wallet on your phone and carry it around so you have access to your funds at all times but you should always keep in mind the risks you are taking so keep minimum amount there.

it is just like your physical wallet which you put in your back pocket, as you don't carry around thousands of dollars in your back pocket then you should not keep tens of bitcoin in your phone (hot) wallet.

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May 01, 2016, 02:37:45 PM
 #15

Thanks for this informative post. But using different address for each transaction is a way kind of hassle. Much better to use only 1 btc address for each transaction.

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May 01, 2016, 04:06:24 PM
 #16

I never was a big fan of having a phone mobile wallet...
Agrees. What if phone is stolen  Smiley
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June 02, 2016, 02:06:52 AM
 #17

12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe

Well most are common sense but some you can easily forget or make a human error. The most common ones and I cannot stress it enough but the following rules are so important. Write them down !
#5: DOUBLE CHECK ALL URLS

#6: DOUBLE CHECK THE CRYPTO ADDRESS

#9: BE CAREFUL WITH DOWNLOADING TOO MANY WALLETS

And probably most important....

#10: BACKUP YOUR PRIVATE KEYS

And not online offline. Offline is always best.
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June 02, 2016, 02:22:46 AM
 #18

Thanks for these tips. I don't follow all the 12 steps at this moment, but it's always good to know how to make our wallet and Bitcoins more safe.

Is possible to hack Blockchain.info site for an example and steal wallets balances? This is my only fear.

 
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June 04, 2016, 01:57:09 PM
 #19

12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.
 
http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe
Thank you for share it, it really help us, but the main thing is that specially those people who like bitcoins they know how to save it and everyone use his own ways, and now we see all cryptocurrencies are save, also bitcoin is save.
most of the cryptocurrencies are here but bitcoin is the first, in this time, most of the against issues are here of bitcoin, but we still like bitcoin and using it.   
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June 04, 2016, 02:53:50 PM
 #20

Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Not only that, to make use of this "guide" u should have general computer knowledge.
Problem is so many people want to use bitcoin when they almost only know how to turn computer on and off or open a web page.

That is real problem.
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