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Author Topic: Securing your wallet  (Read 3607 times)
dissident
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July 02, 2017, 08:18:43 PM
Last edit: July 02, 2017, 08:33:27 PM by dissident
 #21

QR Codes, a 2D Barcode scanner from Ebay, a laminator, and something to generate QR codes and passwords like the below sites, and a PC... anybody seriously into crypto shouldn't be using their phone as a sole source of doing everything. I'm just assuming everyone here has a secure PC setup.

https://www.the-qrcode-generator.com/
https://www.grc.com/passwords.htm

You can make paper wallets, really long passwords, all sorts of secure shit with this setup.  I combine it with lastpass, a 64 character QR code password, and a backup email address that has a 32 character password, and recently just installed authy and instead of naming each 2 factor site, I just use letters and laminated a little card for my wallet which tells me which letters are for what account. Example... coinbase might be Aaaaaaaaaa on the authenticator app, that way if someone happens to get ahold of the app or the tokens, they won't know what they're for.

Basically it's 3 factor authentication.. I need my wallet, phone, and lastpass, or QR codes I've laminated and stashed in safe deposit boxes to do anything, and yet I never have to ever remember a password, or type in passwords, except the ones I purposely make easier to remember for forums.

You can also back up your account on bitcointalk using this thread in case it's hacked by someone:

https://bitcointalk.org/index.php?topic=996318.0

I also never have to change passwords, as I believe the outdated corporate philosophy of changing passwords every 3 months is absolutely ridiculous, especially with oracle 11G where the passwords have to be pretty long to begin with.
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July 03, 2017, 07:42:47 AM
 #22

What nuances and secrets you know

Using paper wallet and then store the private key safe like store my private key in the flashdisk and i've private grup facebook which only me there store. my private key also my private data Smiley
bitcoin us a name of safety it’s a digital currency and a safe money to use its good easy and safe to use a lot of people want to invest their money in bitcoin just because it’s safe and secure to keep hold for long term and for this purpose there are a lot of hardware wallets are now available in market.

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July 03, 2017, 07:47:35 AM
 #23

What nuances and secrets you know


always store your private keys , print ur paper wallet lol , best way is using hardware wallet like trezor / ledger and of course dont lose it , to be honest i myself never use that kind of wallet but many people says its safest wallet , i always use web wallet such a coinbase and blockchain and i never had problem with it

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July 03, 2017, 08:00:43 AM
 #24

there is no secret, there is only simple way to do it, either you do it with a simple usb stick and put the wallet there, or you buy a trezor and secure your private key, or you can also use your brain and memorize the private key

this last method is a bit risky if you forgot the private key you are fucked, but it leave no trace outside, in case someone want to rob your trezor and force you to reveal the private key in some violent way
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July 03, 2017, 08:07:33 AM
 #25

I know the offline wallet and paper wallet that works for keeping bitcoin for long time and even its secure by reading article . But i never had that much bitcoin to store in offline i always keep in blockchain .info as far my bitcoin is very less i am happy with block chain.
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July 03, 2017, 08:12:30 AM
 #26

there is no secret, there is only simple way to do it, either you do it with a simple usb stick and put the wallet there, or you buy a trezor and secure your private key, or you can also use your brain and memorize the private key

this last method is a bit risky if you forgot the private key you are fucked, but it leave no trace outside, in case someone want to rob your trezor and force you to reveal the private key in some violent way
Storing the wallet on USB stick is actually a very good idea i never thought of it before reading your post.
Even if  we store the wallet on USB stick there would be a high chance of brute forcing like you said in the case of trezor Wallet, but  USB stick method is quiet economic as compared to the trezor wallet.

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July 03, 2017, 08:12:32 AM
 #27

Well it is best to secure your wallet by not logging in to another IP. Just trust your own IP. If you are to use another IP put on your mentality that what if they hack my wallet, what if they will steal my own money. Well that is one way on keeping it secure. There are some wallets that is needed some verification codes just to open the wallet. Try to explore those kinds of wallet and might help to secure thy money.
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July 03, 2017, 08:31:10 AM
 #28

What nuances and secrets you know

Using paper wallet and then store the private key safe like store my private key in the flashdisk and i've private grup facebook which only me there store. my private key also my private data Smiley
bitcoin us a name of safety it’s a digital currency and a safe money to use its good easy and safe to use a lot of people want to invest their money in bitcoin just because it’s safe and secure to keep hold for long term and for this purpose there are a lot of hardware wallets are now available in market.

We suggest that indeed we should be obliged to secure the bitcoin wallet is stored with us personally and only we know the key code if any one know you'll be ready to lose that bitcoin stored safely. secure wallet also aims to let the wallet contained hardware on the market. it can also be used for bitcoin future long-term future. so old age and will be secured with security for your wallet in
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July 03, 2017, 09:17:20 AM
 #29

http://toppayingsites.net/tutorials/how-to-use-paper-wallet-bitcoin/

This tutorial is one of the best that will solve any doubts one has, I do not claim the ownership of this article, so you can post comment on the article if you need more help, but I don't think it will be necessary, it has all the possible information and it is simplified so that all can understand and easily use it with time, already running I feel each one should do it. I do hope this helps every one
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July 03, 2017, 01:21:04 PM
 #30

I know the offline wallet and paper wallet that works for keeping bitcoin for long time and even its secure by reading article . But i never had that much bitcoin to store in offline i always keep in blockchain .info as far my bitcoin is very less i am happy with block chain.

Well blockchain.info purse even though online is very secured and I've been using it for the past one year without hitches. It's safe and allow me to have adjustable transaction fees which most online wallets don't so in my opinion it's ideal for anyone who doesn't want to spend on an extra hardware for offline savings.
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July 03, 2017, 02:15:09 PM
 #31

Download github file of bitaddress.org and run it on offline computer to generate bitcoin address & private key pairs in completely offline environment. Print it with offline printer, laminate it and store in safe place. I think this is best and cheap way to securely store your bitcoins.

Few other suggestions if you want to use web wallets or electrum like light weight wallet, than don't forget to put strong password and to make a backup of your wallet.

Coinbase, xapo like wallets are not a good place to store large amount of bitcoins because they also have access to your bitcoins, same applies for bitcoin exchanges.

 
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July 03, 2017, 02:26:36 PM
 #32

What nuances and secrets you know

In securing your bitcoin wallet you can use the coins.ph.Because coins.ph is ome of the most tested bitcoin wallet online that is proven to be legit.In coins.ph your bitcoin is safe and secured.

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July 03, 2017, 02:29:32 PM
 #33

It depends in every users if how will they secures their wllets.
Just keep all the information in a safe place and be careful as always.
In that way, you can protect your wallet.
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July 03, 2017, 02:45:58 PM
 #34

Well it is best to secure your wallet by not logging in to another IP. Just trust your own IP. If you are to use another IP put on your mentality that what if they hack my wallet, what if they will steal my own money. Well that is one way on keeping it secure. There are some wallets that is needed some verification codes just to open the wallet. Try to explore those kinds of wallet and might help to secure thy money.

For secure wallets, they always keep track of the IP addresses of each account, and if they detect it is logging in from a weird IP, they will block it immediately. After that, they will perform manual verification steps, which is the only way to secure your account....





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July 03, 2017, 06:40:31 PM
 #35

What nuances and secrets you know

In securing your bitcoin wallet you can use the coins.ph.Because coins.ph is ome of the most tested bitcoin wallet online that is proven to be legit.In coins.ph your bitcoin is safe and secured.

  securing wallet is one of the most important factor to secure your wallet from hacking or steeling is not so difficult. There are a lot of online wallets are available today in markets coin base xapo world digital currency in now save enough to keep in online hardware wallets .
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July 04, 2017, 06:48:36 AM
 #36

Securing my wallet im not going to tell my bitcoin address to anybody becuase some people want to hack a bitcoin wallet and going to save may bitcoin in a offline wallet for sure of it and secure your wallet with a security system to not easy to hack your wallet.

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July 04, 2017, 06:51:52 AM
 #37

Keeping a paper wallet is the best security method, one generated from an offline PC and encrypted with a password that is both memorable to you and secure, That's the very definition of security IMO.
Of course, just having a PC wallet with a good antivirus/malware can be enough if you are careful enough to avoid any possible mines.
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July 04, 2017, 08:27:47 AM
 #38

Use cold storage wallets. Armory/Electrum are the most reliable ones for me. The reason I prefer cold storage is because it's immune to hacking attacks and the only way of losing access to your coins is if you lost it.

There is always more to learn about Bitcoin at www.btcwonder.com
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July 04, 2017, 09:42:08 AM
 #39

If you want to have a secure wallet then you should try trezor. I purchased trezor a few weeks ago and all i can say is, it is the best wallet that i have ever had because of its security features and awesome design for a hardware wallet and it is very easy to use in any type of computer even there is some detections of malware in a pc, i'm still confident that my bitcoins are safe.
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July 04, 2017, 09:48:34 AM
 #40

What nuances and secrets you know


Download the offline wallet generator from bitaddress.org or walletgenerator.net 's github page to your usb disk. The securest way is to create your private key on a freshly installed linux PC without any internet connection. Then use one of those offline paper wallet services and print your keys on a paper. You can't have a safer way than this.
Protecting your wallet is important. Especially you are creating yourself an account on bitcoin so security is very important. Especially now a lot of bad guys in information technology can invade enter your wallet easily. Be careful!
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