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Author Topic: Safest way to keep bitcoins?  (Read 18409 times)
ooeygooeygold
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April 02, 2018, 08:59:07 PM
 #1261

Paper Wallet. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security.
Coinnosaurus
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April 03, 2018, 08:45:15 AM
 #1262

More secure than a desktop wallet is a hardware wallet. An added benefit of a hardware wallet is the complete anonymity with which you can transact. Hardware wallets are resilient to malware
Tigerw
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April 03, 2018, 08:51:08 AM
 #1263

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
  looking how to ask a question, if you just want to keep bitcoin as a coin, then keep it on your wallet and do not give anyone your passwords, you can not crack the wallet. And if you want to multiply your bitcoins, then you will not be able to save them, because there is always a risk to lose, and whatever that happens, just put the coins in your wallet as an untapped stock and the time will come when you need them.
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April 03, 2018, 09:10:45 AM
 #1264

There are several ways to make the storage of crypto currency more secure: encryption, backup, use of multi-signature (multisig), "cold" storage
george888055
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April 03, 2018, 10:00:22 AM
 #1265

A paper wallet is also a relatively safe way of storing btc, although it requires a bit more advanced understanding of how digital currencies work.
jerowacik
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April 03, 2018, 10:20:37 AM
 #1266

Services are cropping up which allow btc investors to buy physical coins. The coin you purchase will have a tamper-proof sticker covering a predetermined amount of btc.
wareen
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April 03, 2018, 04:02:17 PM
 #1267

Paper Wallet. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security.
LOL, if you want to use paper wallet, I want to ask you a question. Why do many countries use credit card to replace paper money? Because bring paper money or store it is more difficult and not security as credit card. So, instead of use paper wallet, use offline wallet and store it on which device can store data is enough.

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MakLampir
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April 03, 2018, 04:20:13 PM
 #1268

To all those who swear by paper/hardware wallet, how do you then store and secure it?
It seems to me you are solving the risk of hacking but introducing the risk of losing it/being stolen in an old fashioned way.
lucemferrum01
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April 03, 2018, 04:22:32 PM
 #1269

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Buy ledgers, it is proven to be very secure when it comes to storing not just your bitcoin but you can also safely store your altcoins and even tokens offline. I think it is the best way to store and hold your cryptocurrencies since it provides added security and it removes it from possible threats online.

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dknight456
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April 03, 2018, 04:29:27 PM
 #1270

Like you said mobile wallet is very safe you can store many days as you want.But you don't have to reveal your password or the BTC address to anyone which are the one needed if someone want to hack your wallet.I am using coinbase wallet for many days mt bitcoins are very safe here too.
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April 03, 2018, 04:34:14 PM
 #1271

the safest way to keep bitcoin i think is use the hardware wallet and keep it in the safe place, or you can build a pc with use linux operating system ( virus free, and high security) to save your wallet in there, dont use the smartphone and your daily pc or notebook because its too risky if your pc attacked by virus and broke

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April 05, 2018, 10:49:38 PM
 #1272

if you are asking about bitcoin only, i would recommend you to think about permanent connection to the internet, or it's better to say it's better to limit the connection to the net and to reconsider the storage of your private key. Cause the key is the most important thing in keeping your bitcoin money safe. i'd say that writing the key on a sheet of paper is the most safest way of having it.

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April 09, 2018, 04:58:50 PM
 #1273

I used to use offline paper wallets but I’d rather use a hardware device to hold my Bitcoin. I was thinking about holding some on Blockchain wallet as well.Additionally,
Store your paper backup in a different physical location than the offline computer. Make sure it's safe.
bitcoinskyrocket09
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April 09, 2018, 05:03:09 PM
 #1274

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

The saftest way to keep bitcoins were you need to use a bitcoin wallet and i orefer to you the coins. Ph all you need to do when finding a great wallet and digital money storage is just find informations to it, also internalize the things you will do before you make a move.
tikong
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April 09, 2018, 05:05:17 PM
 #1275

Paper Wallet. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security.
kirti rana
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April 09, 2018, 05:26:41 PM
 #1276

So if i put the Ledger in my computer and with the wallet on my pc i sent it to the wallet on the Ledger usb then they the coins are gone from my computer and stored on the usb?

yes, you are right friend, Your computer should be free of viruses and always need a protective waist. You will always have to go safely on your side.
brickafterbrickwalldpt
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April 09, 2018, 05:29:40 PM
 #1277

The saftest way to keep bitcoins were you need to use a bitcoin wallet and i orefer to you the coins. Ph all you need to do when finding a great wallet and digital money storage is just find informations to it, also internalize the things you will do before you make a move.

I have to disagree with you. Ph is a local, web wallet which is not safe at all because you give the responsibility of securing your private keys to the external company which you have to trust. Would you let them keep your thousands of dollars safe when you could secure them on your own by simply downloading a software wallet? You don't even have to have an Internet connection because the software will take care of everything. It will be even much more secure to create a wallet while being offline, especially if you do it on a seperate computer.

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April 09, 2018, 05:54:06 PM
 #1278

I think the safest way to keep Bitcoins is online wallets. there are so many online wallets like blockchain wallet, coinbase wallet etc.l but if you feel that there is the risk of the wallet being hacked ,then you can store your Bitcoin in offline wallets. it's up to you.
 but online wallets give you high security and that's why you have to give them a certain amount of rate .up to you.

Techie5879
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April 09, 2018, 07:13:21 PM
 #1279

I think the safest way to keep Bitcoins is online wallets. there are so many online wallets like blockchain wallet, coinbase wallet etc.l but if you feel that there is the risk of the wallet being hacked ,then you can store your Bitcoin in offline wallets. it's up to you.
 but online wallets give you high security and that's why you have to give them a certain amount of rate .up to you.

Never keep your bitcoins on an exchange or online wallet. They have been proven in multiple instances to be very vulnerable to attacks, due to exploits found on their servers.
If you have a really significant amount of bitcoin, I would suggest purchasing a hardware wallet, or try out cold storage/paper wallets, those are the safest options for keeping bitcoins safe in the long term.
If you want something more conveniently accessible, check out the Electrum wallet, its the best out there. But try never to use wallets on the computer that you regularly visit the internet on, as this might infect your computer, and in turn, your wallet.
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April 09, 2018, 07:22:13 PM
 #1280

There are many ways you can store you Bitcoin in the safest way, Which are as follows:

Desktop Wallet
A Desktop wallet offers various favorable circumstances over an online wallet. While online wallets are effortlessly gotten to from anyplace on the planet, they are adding more powerless against potential hacking. Desktop wallets, then again, are gotten to just through your private PC, with individual security keys put away just on that machine. Along these lines, the introduction of your security key online is diminished. Regardless, Desktop wallets are as yet vulnerable to hacks if your machine gets tainted with malware intended to find keys and take Bitcoins.


Hardware Wallet

More secure than a Desktop wallet is a Hardware wallet. These wallets are bits of Hardware, outside gadgets like USB sticks which you can bear on your individual. An additional advantage of a Hardware wallet is the entire secrecy with which you can execute. There is no individual data connected to the Hardware, so no distinguishing information which could be spilled. Hardware wallets are strong to malware, and in the event that you happen to lose the wallet, you'll have the capacity to recoup the assets utilizing a seed expression.
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