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Author Topic: Safest way to keep bitcoins?  (Read 18351 times)
xBitHodler
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November 09, 2017, 09:45:35 PM
 #541

The are plenty of ways to make sure that you bitcoins are safe. If you want to store a huge amount of Bitcoin then I would recommend you to buy a hardware wallet. They aren't cheap but they provide convenient solution to both storing and using BTC at the same time. Your private keys will never leave your device so you don't have to worry about infected computer.
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SakinaPrincess
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November 09, 2017, 10:02:06 PM
 #542

Safest way to keep bitcoins is to save them in your hardware wallet. but I my self save them in blockchain or coinbase online wallets. Though its not that safe like saving them into hardware wallets.

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November 10, 2017, 11:47:58 AM
 #543

I shop lots of backup copies in the cloud storage.

I expect they are all encrypted ? ^^

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November 10, 2017, 11:59:10 AM
 #544

only a properly created cold storage or a trusted hardware wallet.
you can search for some hardware wallets if you are not tech savvy or don't want to bother learning how tos and if you are willing to pay. things such as Trezor or Ledger nano would work.

or you can learn more about cold storage and do it yourself easily. like creating a paper wallet with tools such as https://github.com/pointbiz/bitaddress.org or make a Trezor like cold storage on your USB disk yourself

https://en.bitcoin.it/wiki/Cold_storage

I would recommend you to use some hardware wallets.
You cab pay and get like Trezor or Ledger Nani.
To be added cold storage is an offline wallet which cannot be accessed you can even safer your bitcoin here also it cannot be hacked.
How ever you could even out an USB stick and hold your BTC there in offline mode, hacking is not possible in this way.
Zabercoin
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November 10, 2017, 01:41:43 PM
 #545

I think keeping them in a trusted wallet will be safe.
Rev1234
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November 11, 2017, 05:08:26 PM
 #546

hello all,
I never heard about online wallet hacking.
How is there possible?

Sure all people have to keep safe their private key.

Brute force hacking with very long keys takes very very long time.
KingOfWinterfell01
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November 11, 2017, 05:10:41 PM
 #547

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Try registering to a secure online wallet like liqui.io. They have by far, the safest online wallet and exchange hub I know in the entire internet because they integrated google's two-step verification to their exchange and wallet. Try offline wallets too like myetherwallet.com. They have downloadable wallets that yoi can encrypt with a special code. You and only you have access to it.

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November 11, 2017, 05:14:01 PM
 #548

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
Im still a new here so dont have any bitcoins but i prefer to use coinbase or coin ph  by the way coin ph is the best wallet in philippines here in my country this both is trusted wallet. Smiley
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November 11, 2017, 05:47:48 PM
 #549

hello all,
I never heard about online wallet hacking.
How is there possible?

Sure all people have to keep safe their private key.

Brute force hacking with very long keys takes very very long time.
According to my understanding, the use of online wallet will be easy to hack and be appropriated by others. If they have network knowledge they can do this pretty easily. The internet environment is very extensive and the risk of intrusion is also high. They just created a virus program and somehow put it on your computer through the internet. One more thing, some online wallets do not provide private keys like coinbase, which is quite dangerous, you do not have the right to directly control your entire Bitcoin and the risk of you being stolen is not small.
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November 11, 2017, 05:53:16 PM
 #550

I shop lots of backup copies in the cloud storage.
For me the safest way to keep our bitcoins is dont post on social media sites, how much bitcoin is on our wallet, so if we do that i am sure that no one will knows it so no one will try to hack our wallet and it will be very safe because no people aside us will know how much bitcoins we have.

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November 11, 2017, 05:55:41 PM
 #551

You can use hard wallet but i recommend to exchange already your money then withdraw it because no one know exactly what will happen in bitcoin in the future.Bitcoin is good as digital money but the problem only here is the volatile price so i think invest your money in trading here but ready yourself when the bitcoin drop down or will be gone,it can happen anytime like in china they banned bitcoin in their country
anjuara29
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November 11, 2017, 05:56:49 PM
 #552

According to me, everyone should secured their btc wallet with 2 step verification method. I am also using that. When i am going to login my wallet then coinbase  authority send me a email and i need to authorize via email that they are provide me. After that one verification code they will send you in my phone number that i provided. And finally when i input that code then ultimately i am able to login my wallet. I think this is the safest way to keep bitcoin.
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November 11, 2017, 06:01:52 PM
 #553

I shop lots of backup copies in the cloud storage.

I expect they are all encrypted ? ^^
In my own opinion, the safest way to keep bitcoins is to sell it immediately if the value of it will pump so in that way, we have a win win situation, that is my opinion because we all know that our bitcoins is not safe because the value of it can be decrease if we will hold it forever so for me if we have the oppurtunity for example the value of it will increase so dont hesitate to sell it because thats the right way.

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November 11, 2017, 06:05:30 PM
 #554







The bitcoin blockchain is your safest place for bitcoin.   Cheesy

Seriously, the safest ways to maintain control of your bitcoin that is safely on the blockchain

1. A paper wallet protected from deterioration that is held inside a thick fire proof safe which is hidden inside a secret panel inside a wall in your house.

2. Trezor wallet that is protected inside a fire proof safe that is held inside a secret compartment within a wall in your house.

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November 11, 2017, 06:07:50 PM
 #555

Coins.ph is safest to keep my bitcoins safe? because that is my wallet and its easy to take my btc convert to peso bill. Smiley
StephaneM
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November 11, 2017, 06:24:45 PM
 #556

I need to clarify a point which trouble me in term of security.

Sites like these below can generate a public+private key
https://www.bitaddress.org/
https://iancoleman.io/bip39/

Then the site https://blockchain.info allows to verify if the public key is an address not used.

Now does someone know if hackers can get a computer getting a public address and test it to see if the account is at 0 and then try another adress, etc... until one is not a 0 credit and then steal the money since he/she got already the private key associated ?
A hacker could test millions/billons of addresses like this and once in a while get an address with an account not at 0, is that correct ? I am very concern about the security of my bitcoins and want to do a paper wallet after generating an address from a new computer offline, but this potential hacking method is a big concern to me. Does someone has already being able to get one existing account not empty using this approach? Anyone knows if it has already been done over the last 9 years ?

Thanks.

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November 11, 2017, 06:29:29 PM
 #557

Coins.ph is safest to keep my bitcoins safe? because that is my wallet and its easy to take my btc convert to peso bill. Smiley

Coins.ph is an exchange right (please correct me if I am wrong)? I would never recommend storing any of your coins in exchange wallets. They can go down at any time, or your coins can get easily stolen by the hackers. Better store them in some online wallet, which gives access to the private keys.
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November 11, 2017, 06:56:48 PM
 #558

I think online wallet coinbase is safest.I always use it.You can use here 2-Step Verification.It is very good wallet for bitcoin.You can use it.It is safest.

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November 12, 2017, 03:57:06 AM
 #559

create BTC wallet on recommendation wallet like coinbase , blockchain and many more
dont forget to activate 2FA Authentication for login to your wallet (its very important)
if any email from spam or your inbox which want to login to your wallet , must careful.. who know its phising
good luck sir , i hope you always be careful because more people now earn btc just hacking and scamming
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November 12, 2017, 07:35:11 AM
 #560

I shop lots of backup copies in the cloud storage.

I expect they are all encrypted ? ^^
Yes, bitcoin is the best with inbuilt encrypted security measurements to keep with you and the bitcoin price and the value will increase more I hope the future of the bitcoin is increasing and now almost all the people are having the worthy price and the high demand.

I am very sure bitcoin is very safe to keep for the long time and the price of the bitcoin will increase with the time I know the value of the bitcoin is helping a lot of the people and the reason is why all the people are buying the bitcoin
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