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Author Topic: Safest way to keep bitcoins?  (Read 18348 times)
SHAWN-MIDWAYS
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November 27, 2017, 04:59:50 PM
 #641

What is the safest way to keep bitcoins.
 
When it comes to safety of crypto-funds the most important feature is having access to our private keys, and most people will talk of keeping their coins in cold storage but how many people are actually keeping their funds this way???
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Taken dangers like hacking, losing in to account!
In my opinion, I think a desktop wallet like electrum is good enough provided 2fa is enabled. it should stop hackers from sweeping our wallets, and to avoid losing access to our account private keys can written/printed and kept somewhere safe.
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November 28, 2017, 04:39:21 PM
 #642

You should act and think smart in every decision that you will do. Making yourself alert and always take care gives you assurance that you can avoid scams. Remember your action defines what will happen in future. If you did something today you’re the one who will benefit from it in future.
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November 28, 2017, 06:46:08 PM
 #643

Scammers and hackers are everywhere; they will invade your account just to get money.  To secure yourself free from any hackers you should always work and think smart for every detail that you will give. It’s better to you keep private about some information’s about your bitcoin wallet. Do not login from any mining sites or any free earning application without knowing some details about it. You should always confirm that the sites/application that you are entering is a legit and has a good feedback; with this you can secure yourself from hackers.
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November 28, 2017, 07:01:43 PM
 #644

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

There will be always a potential threat for hackers online and so as losing your account on line. If you want to reduce online threats then I suggest you go for an offline wallets but on line would still be safe as long as you take care of your account details, just think before you click.

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November 28, 2017, 07:29:54 PM
 #645

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

The best way to store bitcoins I think is to have a cold storage. Since it is offline, online hackers don't stand a chance. Another one is using 2FA, this one is very popular for its high security feature. However, 2FA is still vulnerable to phishing because it is still processed online. Hackers have been improving their ways so people need to be extra careful with their accounts.
Matimtim
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November 28, 2017, 07:41:16 PM
 #646

Use only the trusted wallet in your particular place where you are residing  here in the Philippines the only trusted wallet for bitcoin is coins.ph, you buy load and pay bill using that wallet.

Be careful,  hacker sending many ads to get your identification so, avoid clecking unknown ads to protect your wallet.

TorbiK
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November 28, 2017, 07:59:54 PM
 #647

Learn by heart all the data of the wallet, put them on the hardware purse. And put the purse in the bank cell. If something happens to the bank, count on your memory.

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November 28, 2017, 10:02:25 PM
 #648

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

Although it may be open to hacking and other forms of Internet anomalies. I think keeping bitcoins or altcoins in an E-wallet is fairly safe if you would just keep your wallet code to yourself, since it's encrypted, and not hand it out like any piece of random information to anyone. You can also keep a copy of that code in a USB or your own personal computer. Another important thing you should remember is to not be baited by some airdrops sites or the likes that asks for extensive information about your wallet information, that can be an indicator that they may be scammers or hackers.
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November 28, 2017, 10:25:43 PM
 #649

bitcoin is not a physical thing like fiat to move from one place to another.
The bitcoin wallet is the place to store their keys. This key is used to deplete bitcoin, the existing bitcoin in the form of transaction output stored in the blockchain and blockchain held by every person around the world who runs the full node client.
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November 28, 2017, 10:37:36 PM
 #650

I think that if you really want to protect your coins from hackers you should have a lot of different wallets. Some coins you should have on wallets like Ledger Nano or Trezor. Other coins should be on online wallets. But be carefull about passwords and key words. Its nice to keep this info on flash card for example.



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gilabusuk1
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November 28, 2017, 11:33:24 PM
 #651

I think that if you really want to protect your coins from hackers you should have a lot of different wallets. Some coins you should have on wallets like Ledger Nano or Trezor. Other coins should be on online wallets. But be carefull about passwords and key words. Its nice to keep this info on flash card for example.
to store something important like that is very important because it can be fatal if it does not pay attention to technical issues that really should be considered, and the way trezor that I think is quite powerful even though the price is also tolerable but for security it is worth to consider

Digitalbitcoin
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November 29, 2017, 04:29:27 AM
 #652

Keeping wallet safe, secure and private is very important.

Bitcoin is becoming more valuable day by day. By this year only Bitcoin reach from $1K to $10K. So keeping your Bitcoin safe is very important.

Few preventive measures to keep Bitcoins safe and secure :

1) Never click on suspicious links.
2) Don't hold/keep your Bitcoins on Third Party Wallets.
3) Don't hold/keep Bitcoins on Exchanger for long time.
4) Take a back up of your Wallet in different type.(Such as Private Keys, Wallet.dat file)
5) Never share your any account login credentials with anyone or don't use on other websites.
icoDealDeckcom
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November 29, 2017, 04:49:28 AM
 #653

Keeping wallet safe, secure and private is very important.

Bitcoin is becoming more valuable day by day. By this year only Bitcoin reach from $1K to $10K. So keeping your Bitcoin safe is very important.

Few preventive measures to keep Bitcoins safe and secure :

1) Never click on suspicious links.
2) Don't hold/keep your Bitcoins on Third Party Wallets.
3) Don't hold/keep Bitcoins on Exchanger for long time.
4) Take a back up of your Wallet in different type.(Such as Private Keys, Wallet.dat file)
5) Never share your any account login credentials with anyone or don't use on other websites.


Excellent Advice. Personally I am a big believer in Hardware wallets, with just a small trading amount kept in an online wallet. Metamask is also a pretty good tool for avoiding fake sites.
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November 29, 2017, 05:04:49 AM
 #654

On your own wallet obviously, like paperwallet or desktop wallet and online wallet such blockchain.info. Never ever stored/keep your bitcoins or other altcoins on the exchanges for a long time, because you never know what will happen to that exchanger in the next or next 2 years.
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November 29, 2017, 05:09:48 AM
 #655

cold storage will be the best way. if you have mUch coins.
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November 29, 2017, 06:13:26 AM
 #656

safest way of keeping bitcoins is to keep it in a cold storage. create and store your private keys offline.
but if your using online wallets, keep your private keys to yourself. never trust anyone. keep your email safe by having two step verification and other security features of it.
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November 29, 2017, 06:36:04 AM
 #657

Keeping wallet safe, secure and private is very important.

Bitcoin is becoming more valuable day by day. By this year only Bitcoin reach from $1K to $10K. So keeping your Bitcoin safe is very important.

Few preventive measures to keep Bitcoins safe and secure :

1) Never click on suspicious links.
2) Don't hold/keep your Bitcoins on Third Party Wallets.
3) Don't hold/keep Bitcoins on Exchanger for long time.
4) Take a back up of your Wallet in different type.(Such as Private Keys, Wallet.dat file)
5) Never share your any account login credentials with anyone or don't use on other websites.


From what you have mention above this was true all of the above specially the number one that dont click some sites that you have nothing to be that this is safe so better to be smart before clicking some suspicious site that you are not already know.
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November 29, 2017, 06:46:10 AM
 #658

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
Although bitcoin network is secure but you still need to secure your device from thief or hacker. Hardware wallet which not connected internet may become the most secure wallet, but I am not sure about that. Also you can use 2fa if only use online wallet to store your coin.

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November 29, 2017, 06:47:21 AM
 #659

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Bitcoin has developed impressively , but, also the number of hacking expanded too.The most common were those that hacks was rerouting tokens destined for one wallet for another. Here are a couple of approaches to store your Bitcoins that might be more secure than others.
These 4 option may be the best option wallets: Desktop, hardware, paper wallet and buying physical coins -however each of them also have their flaws.

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November 29, 2017, 06:59:57 AM
 #660

It depends on you and how you manage them. The private keys stored in your wallet are the only to to approach the transaction data stored in a bitcoin address, if you forget them, you lose your bitcoins
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