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chichan13
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July 17, 2017, 04:05:59 PM |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Actually, the best way to keep your bitcoin safe is put it on online wallet because it has a private key that you’re the only one who knows it. In addition to that, many bitcoin users put their bitcoin in online wallet. However, some people still use the cold storage or hardware wallet that you need to install to your computer and it also has a private key. |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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NoNetwork
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July 17, 2017, 06:50:26 PM |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Actually, the best way to keep your bitcoin safe is put it on online wallet because it has a private key that you’re the only one who knows it. In addition to that, many bitcoin users put their bitcoin in online wallet. However, some people still use the cold storage or hardware wallet that you need to install to your computer and it also has a private key. Probably yes it will be the best way since it can be accessed and used almost anytime since it is flexible. However the cold storage or hardware wallets have more security than of the online wallets, even though they have their own private keys you still can't be sure when will the 'hackers' will attack you so I recommend to use hardware wallets (extremely recommended if you have large amount of Bitcoin or converted cash). But if you just have a few amounts and just wanted to be used in your everyday transactions then online wallets are more versatile to use. |
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batang_bitcoin
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July 17, 2017, 06:51:45 PM |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The safe way to keep your bitcoins is to use a wallet that you know the seed or the private keys. This is the best way to keep your bitcoins and like in electrum there's a way that you can restore your bitcoins and it's up to you on how you are going to back up your seed/private keys. You can just also do it by writing it on a piece of paper. |
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megynacuna
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July 17, 2017, 08:52:41 PM |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The safe way to keep your bitcoins is to use a wallet that you know the seed or the private keys. This is the best way to keep your bitcoins and like in electrum there's a way that you can restore your bitcoins and it's up to you on how you are going to back up your seed/private keys. You can just also do it by writing it on a piece of paper. To add to yours, after writing them on the piece of paper you can either dig the ground and save it inside a box under the ground or better keep the paper in a personal safe or bank safe and I'd say that's 100% secured. |
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phil65
Newbie
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Activity: 14
Merit: 0
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July 17, 2017, 08:57:32 PM |
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I would buy a Hardware Wallet. I am very satisfied with my Ledger Nano S, and Trezor also seems to be a good product.
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xbiv2
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July 17, 2017, 08:59:57 PM |
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New notebook with SSD 240GB.
Bitcoin-core 2014.
No any other software.
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Phyton76
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July 17, 2017, 10:34:08 PM |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The only best way that i know to make sure your bitcoin isin safe is storing it in a hardware in that way you can make sure that hacking is inpossible because it is offline so internet hacking could not work in your wallet the only problem is versatility so you cannot use it like a normal web wallet. |
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jorneyflair
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July 17, 2017, 10:56:14 PM |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Well the safest ways are probably using cold storage and some examples of cold storage include the following: 1. Using a hardware wallet which is usually something shaped like a USB that you plug your computer to send payments, some really populare hardware wallets include Ledgerwallets and Trezors. 2. Another example of offline wallets would include using a paper wallet which is a document that you can carry around that has everything to use your wallets, etc private keys etc. 3. Something else that would be an offline wallet would be to attach bitcoin to something physical such as physical bitcoin but they are not mainstream and less safer than your other options. |
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passwordnow
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July 17, 2017, 11:07:22 PM |
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Hardware wallet will be one of the best way to store your bitcoins. Though it will be costing you some bucks but it is secured if you'll buy your very own hardware wallet. Another good choice is to use bitcoin core or electrum.
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pathapoddo
Full Member
Offline
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
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July 18, 2017, 08:32:39 AM |
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The safest way to keep bitcoin is coinbase wallet.It is very safe.Me & my brothe used to keep our bitcoin here.Thank you.
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Prem.Soorajpaul
Full Member
Offline
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
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July 18, 2017, 08:35:07 AM |
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The safest way to keep bitcoin is coinbase wallet.It is very safe.Me & my brothe used to keep our bitcoin here.Thank you.
If I am not wrong, then Coinbase was hacked earlier. Also, who is stupid enough to keep their coins in an exchange wallet? |
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niisarearning
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July 18, 2017, 08:41:55 AM |
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I have done some research on this finally found that keeping private key of any wallet like blockchain.info may give ability choose the bitcoin if it split like ETH and ETC so i am going with keeping private key.
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Graed
Newbie
Offline
Activity: 19
Merit: 0
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July 18, 2017, 08:42:47 AM
Last edit: September 14, 2017, 09:30:10 PM by Graed |
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The safest way to keep bitcoin is coinbase wallet.It is very safe.Me & my brothe used to keep our bitcoin here.Thank you.
Oh god no pls |
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jzale
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July 18, 2017, 10:26:45 AM |
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Safest way to keep bitcoins is to store it in online wallet and please activate 2FA security on both wallet and emails. You can also use coldwallet but I hope you won't lose it or destroy it.
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bs.glory
Member
Offline
Activity: 70
Merit: 10
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July 18, 2017, 12:36:08 PM |
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There were lots of articles regarding this. Although, there is no possible another application that can hold BTC, they usually get hacked by experts. The best thing to do is to widthdraw BTC in form of our currency then make account in a bank, for future investment.
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xbiv2
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July 18, 2017, 12:49:26 PM |
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New notebook with SSD 240GB.
Bitcoin-core 2014.
No any other software.
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coinenthu
Newbie
Offline
Activity: 30
Merit: 0
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July 18, 2017, 07:39:19 PM |
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The safest way is to download the full wallet or at least like exodus and keep it in secure machine, may be separate machine that wont be connected to internet or a virtual machine (without internet)
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legera
Newbie
Offline
Activity: 38
Merit: 0
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July 18, 2017, 08:11:59 PM |
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Hardware wallet for the win! I am loving the Nano S. Easy use, easy backup and just a well designed system.
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NoNetwork
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July 22, 2017, 03:52:18 AM |
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Really, it is your choice wherever you are more comfortable.
I could only make suggestions on how good the wallets are but not take biased assumptions out of it. But since this is a question out of curiosity and opinion I will have to make it brief as possible.
I would suggest not making only one kind of wallet but different kind of them. Every wallet has its own advantages and disadvantages, but when you're only concerned with security then - having online wallets is quite good if you ask me. I has its own security measures just make sure to confirm everything when you use it. And then there is also a cold storage or what we call hardware wallet which has pretty much have more security than any other wallets (I'm not saying that it has no disadvantages in security). Unlike online wallets it is offline and will be stored in your PC. Just take note that if you support it with your PC having also the maximum security (like Mac) then it will be the 'best' to store it anyways.
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