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Author Topic: Safest way to keep bitcoins?  (Read 18356 times)
kimjin
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March 19, 2018, 11:36:25 AM
 #1141


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
woozikai
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March 19, 2018, 11:37:42 AM
 #1142


Cold storage is probably the safest way. I suggest that you use a hardware wallet. You can buy them in the marketplace. Examples of some are Trezor or the Ledger nano. I myself own the Ledger nano. I would definitely recommend it to you. It is perhaps, the safest method... if you are careful when handling it. If you lose the hardware wallet or break it, then... your Bitcoin is most likely lost.
WatchMaker
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March 19, 2018, 11:40:15 AM
 #1143

What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The offline wallet is also known as 'hardware wallet' such as ledger or trezor wallet
The hardware wallet is known as the best and most secure bitcoin and altcoins wallet cause they offline and the private key is saved within the wallet.

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rapmon
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March 19, 2018, 11:41:49 AM
 #1144


It depends on how you want to use your coins. If you bought it as an investment to hoard "long-term" I would go for cold storage. {paper wallets}

,but if you want to regularly use these coins... I would suggest that you buy a hardware wallet. {Trezor} I would avoid the online wallets and

services where you do not have the ownership of the private key. {also exchanges used as a wallet}
Ayoyo
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March 19, 2018, 11:43:13 AM
 #1145


I came to the conclusion its the best for me to devide it! Small amount on some exchanges! Bigger ammounts on online wallets or pc wallets with 2fa! And a big ammount in cold storage! Because what if you are so stupid to loose or break your cold storage.
Also devide some under your close family like brothers and sisters or if you have high tech parrents!
Oh yeah and lets also be honoust! Lets keep some cash on the bank or in real estate!

Like this you won't regret to much in the future!
Tomosumi
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March 19, 2018, 11:45:23 AM
 #1146


i think every wallet we know its safe to keep bitcoin and its depend for us how we keep and save that wallet. as long as only us that will know the place and what is the private key, then the wallet its still safe and no one can used the wallet. i am prefer with offline wallet and android phone wallet but for android phone wallet, we need to hide the wallet from the other people that maybe will hack our wallet.
DoublerHunter
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March 19, 2018, 11:46:33 AM
 #1147

What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The offline wallet is also known as 'hardware wallet' such as ledger or trezor wallet
The hardware wallet is known as the best and most secure bitcoin and altcoins wallet cause they offline and the private key is saved within the wallet.
Offline wallet is not always known as ledger or trezor wallet because there is a type of offline wallet which doesn't cost too much and you can have that instantly from your home and that is the paper wallet and that is what you need in order keep your coins in a very safest way but also the cheapest way because you just need to print it as a high quality and laminate it and then send your coins there.
MakLampir
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March 19, 2018, 11:47:53 AM
 #1148

You need to download a good wallet and keep your private keys safe offline (written in paper for example), take care about your PC or phone and clean ithem from viruses and malwares, use a strong password to access your wallet. This is basically the most needed steps
gordeevaverona
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March 19, 2018, 11:48:01 AM
 #1149

Security is when your file is stored on a USB flash drive or on any other medium that will be safe from other people's use
jinchuriki
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March 19, 2018, 11:48:09 AM
 #1150

I think that poeple are overreacting when it comes to online wallets, i mean what is the safest using an offline wallet and storing your coins on desktop where you are vaurnable for hacks and your pc could stop working and you can't do a thing about it, or store them on online wallets where they are stored on servers with complete secuirrity.
dayvespa
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March 19, 2018, 11:49:09 AM
 #1151


For me right now to be safe of my bitcoin and other cryptocurrency i am planning to buy ledger nano s wallet its a multi cryptocurrency wallet that i think its more safe to hold our bitcoin and ethereum or any altcoin to hold it for a long time.
Trezor or also one of the good and cheap wallet to hold your bitcoin for a long time.But if you don't want to spend for the wallet bitcoin core or electrum for me are awesome wallet and good for holding your bitcoin for a longer time..
ydaime
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March 19, 2018, 11:50:29 AM
 #1152


To be honest bitcoin wallets are very secured. Alway have two step step verification turned on for your Cold storage. Write down the paper keys or print it and keep it safe. If you have two steps enabled no one can really hack into your wallet that easily. Even I was worried about the storage of bitcoin but I completed read the two step verification and its importance in your long term use. If your wallet doesn't support the two step verification I would really suggest you to change the wallet if you planning to put in large money in there. Do not put your money on exchanges they can turn into scam at any time if they loose their assets, you will loose too.
bsan
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March 19, 2018, 11:51:27 AM
 #1153


For me, it is safe in standalone wallet where you can save your private keys. There is no safe  place to store it digitally but it depends on how to handle your important data. You can print and store your private keys in your safety deposit box if you have.
vina humaidah
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March 19, 2018, 11:52:39 AM
 #1154

my way to store my digital assets, I further improve the security of my wallet. .
suppose to add google autenticator in my wallet and email

saru99
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March 19, 2018, 11:53:26 AM
 #1155


Even with the risk of hacking, and the like I still think the best place to keep bitcoins is your own personal computer or a paper wallet made from it "and re-accessed when needed through your PC",
Keeping your money with other people has repeatedly been proven a very bad idea, from mtgox to bitfinex, always keep them with you IMO and the risk of "hacking" would be lower, with just a good AV and care when browsing.
Zunomi
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March 19, 2018, 11:54:22 AM
 #1156


The safest way would surely be a paper wallet, kept in multiple copies in safes and the like, that would be the safest method IMO, Another good way is a hardware wallet and keeping your coins protected.
Using a web wallet isn't the safest but something like blockchain and others which allow your access to your coins is acceptable IMO since the open-source code doesn't allow them access to your btc's and keys.
bitcoincashback
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March 19, 2018, 11:58:51 AM
 #1157

In any case, we recommend every new user to have a closer look at the subject of security.

Personally, I use multiple Ledger Nano S for most of my coins, and I'm extremely happy with it.
Other coins, e.g. IOTA, whose private key is simply a "seed string", are not yet supported. Nevertheless, they can safely be stored in a cold storage (e.g. paper wallet) by manually applying an AES encryption with your individual cypher key.

Definitely an exciting topic, we would appreciate, if you check out the blog section on our website. We have already written several articles, including a Trezor / Ledger and Hot Wallet / Cold Storage comparisons, as we believe this should be one of the most relevant topics for crypto investors. Smiley

https://bitcoincashback.net/blog/hot-vs-cold-wallet
AndreyBitTalk
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March 19, 2018, 12:01:27 PM
 #1158

Of course cases of break-ins a lot,but if you protect against viruses your computer and don't write code wallet phishing sites, then in principle it does not pack
jemarie20
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March 19, 2018, 12:25:50 PM
 #1159

For me, you need to choose good and trusted wallet to stored bitcoin. As now there are alot of bitcoin wallet that we can use to stored our money but be careful because there a lot of fake wallet that we can lost our money if we are not wise ro choose bitcoin wallet.

I suggest, choose bitcoin wallet that have private key, so is not easy to hack but avoid clicking some adds because very frequent that hacker use adds to hack your wallet.

Andika23
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March 19, 2018, 12:44:11 PM
 #1160

I think a safer way to store bitcoin through a blockchain wallet. in my opinion the most secure wallet blockchain today. no one can know it unless you are using it yourself. I myself use the blockchain wallet. according to me the most secure wallet for my current wear
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