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Author Topic: How to secure your wallet once and for all!  (Read 1131 times)
Chris Acheson (OP)
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June 24, 2011, 07:09:51 PM
 #1



Mouseover text: "The safe is empty except for an unsolved 5x5 Rubik's cube."
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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September 30, 2017, 03:02:58 PM
 #2

lol. I like the idea of shoes box. Just save you private keys in safe way and you'll be safe forever.
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September 30, 2017, 03:27:34 PM
 #3

I'm new here but the first thing that i learned is how to secure your wallets and make your money safe.
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September 30, 2017, 03:28:38 PM
 #4



Mouseover text: "The safe is empty except for an unsolved 5x5 Rubik's cube."


Make regular backups and use 2FA
PacePay
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September 30, 2017, 10:07:43 PM
 #5

http://imgs.xkcd.com/comics/unpickable.png

Mouseover text: "The safe is empty except for an unsolved 5x5 Rubik's cube."


Make regular backups and use 2FA
Making your more secure is something which needs a lot of attention. I think you can easily secure your wallets. It is actually not a big deal. You need to keep on checking your wallet from time to time and you need to have record of the Bitcoins which are present in your wallet. Making backup will serve the purpose in a wonderful manner.
Jose21
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September 30, 2017, 10:35:29 PM
 #6

You can secure your wallet once and for all by saving your private keys if you are using multiple myether wallets. Just don't give your private key in someone you don't trust and provide security in the document where you saved your private keys. It easy to secure wallet offline , im not sure if its easy online so just be aware of all things you do and think before you act.
salmanahmedone
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October 04, 2017, 04:55:14 PM
 #7

Where is the second tumbler? I love when someone makes a pic and tried to be funny, spending 15 minutes of their time and makes such an amateur mistake, rendering themselves the joke in the end. A second tumbler? That would mean a second key slot and second key, that would be visable in the picture, and yet there is only one.
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October 06, 2017, 10:06:19 AM
 #8

Wallets have their security password, private keys and other terms. These are very important to protect and keep safe your money in it. Of course, you must keep it private to sustain the security of it. You must be the only one who knows it, do not dare to share it to anyone. It is on you on how to keep it and not to forget it.

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October 06, 2017, 10:10:52 AM
 #9

Just buy a Ledger Nano S and feel safe again. actually i still have paperwallets.

Cheers
AndriyPilipyak
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October 06, 2017, 10:15:40 AM
 #10

Try to keep your btc on cold wallet blockchain(where only you will have and know private key,wich need to send btc),this private key keep on paper-and if you use 1 time you have to generate new one immediately). Nobody will not steal without private key. You can use this one to make your own private key-https://www.bitaddress.org/bitaddress.org-v3.3.0-SHA256-dec17c07685e1870960903d8f58090475b25af946fe95a734f88408cef4aa194.html

RoommateAgreement
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October 06, 2017, 10:38:05 AM
 #11

Make regular backups and use 2FA

what do you mean by "regular backups"?
these days almost all wallets are using Hierarchical Deterministic method (HD) which means you only save the seed or if they don't have seed like bitcoin core you just take a one time backup and it contains your master key in it. (this is as far as i know about core).

Buying the dip...
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October 06, 2017, 10:48:48 AM
 #12

In many instances, it is better to hide it in plain sight, where people will not even know it is there. When I was young, I had

to hide money from my brothers and sisters. They know all the obvious hiding places, but seldom found any of my stash. I

had money stashed away in ornaments and lamps and shelves with hidden compartments. If you hide it in a safe or the more

obvious places, people will go look for those items... be creative and they will never find it.  Wink

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October 06, 2017, 11:25:07 AM
 #13

You should save your private keys offline and make sure to protect your web by using other kind of security, like phone number and security questions etc..
We should be careful and save our private keys in safe places, so by that you increase you chance to not be hacked.

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October 06, 2017, 11:29:25 AM
 #14

To secure your wallet you need a difficult password as well as different password from different wallet. And also email you have been use is your main email so that you recover all your wallets when you forgot your password. The other one is make your email 2fa so that your email wont easily lost.
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October 06, 2017, 03:06:49 PM
 #15

I dont get it lols. What ever it is. Dont just save your private keys. HIDE it from possible intruders. Dont make obvious location for your Bitcoin private keys.
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October 06, 2017, 03:11:55 PM
 #16

steady, you use your wallet to secure your money in a suitcase that is on a strand
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October 06, 2017, 04:25:16 PM
 #17

If you're not very paranoid, you could use a web based generator to generate a paper wallet. Ideally you should audit the JavaScript source code, use your browser's private browsing mode, and disconnect from the internet while generating and printing paper wallets.
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October 06, 2017, 10:28:38 PM
 #18

use very hard pw and don't trust any one  Cheesy
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October 06, 2017, 11:37:42 PM
 #19

It is classic. If you can, put your valuable things were they look the most harmless, and put something with less value, but still some, hidden, but in a way that it can be found more easily than what you are really hiding. Gladly, private keys are just string of numbers and can easily be concealed.

The vault should contain something something of value, so the thief would thing they found your treasure and would leave
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October 06, 2017, 11:39:43 PM
 #20

The wallet function in the bitcoin world is very important because it is like a place that saves our treasure, so the place really should be safe and can not be known by others. there are some things I want to recommend for our bitcoin wallet is always safe.

1. Don't Distribute Your Private Wallet to Public
Never give our Privat Key Wallet to others, because this is a very sensitive part.

2. Provide Stronger Passwords
use a combination of uppercase, lowercase and numbers when creating password on our wallet.

3. Enabling Two Factor Authentification
Online-based wallets usually provide this service to provide extra security on our wallet.

4. Don't Store Bitcoins on the Exchange Website
Never store large amounts of Bitcoins on the Exchange website for a long time.
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October 07, 2017, 12:29:01 AM
 #21

I am currently using mew and i think that this wallet is very reliable for holding your eth coins and i recommend you to use it. The only way that hackers might get you is if you logged in to their phishing site so make sure to avoid links that was sent to you unnecessarily.
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October 08, 2017, 04:54:50 PM
 #22

Wallets have their security password, private keys and other terms. These are very important to protect and keep safe your money in it. Of course, you must keep it private to sustain the security of it. You must be the only one who knows it, do not dare to share it to anyone. It is on you on how to keep it and not to forget it.
Yeah it is right the bitcoin wallets are very secure and save. The security code is very important and you will have to keep your security code save with you and not to share it with anyone. The bitcoin is easy to keep with you and hold for the long time. The money is the most important thing so it is very important to hold it safely and not to share it with anyone.
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October 08, 2017, 05:09:27 PM
 #23

I'm new here but the first thing that i learned is how to secure your wallets and make your money safe.
We all know that there are lot of ways to secure your wallet. If you want to secure wallet you must put your password and private key in safe place where no one knows it. You can also put 2fa to make it more secure and safe. Lastly, do not ever share your password and private.
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October 08, 2017, 05:10:22 PM
 #24

The best way to protect your Bitcoin that is inside your wallet is to keep all the information involving you as much as you can, that only your Bitcoin Wallet Address is the only thing you will show in public. As giving your email address can give them an edge in hacking your Bitcoin Wallet. Another way to add more security is to add a 2FA which you can choose to send another verfication code either in your email or in your mobile no. (I prefer the latter) that if they discovered your password the verification number will stop them from their attempt.  

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October 08, 2017, 05:12:52 PM
 #25

There is no way to guarantee that your wallet is ever 100% secure. All you can do is use the utmost diligence possible to avoid getting hacked.

 
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October 08, 2017, 05:24:10 PM
 #26

I'm new here but the first thing that i learned is how to secure your wallets and make your money safe.
We all know that there are lot of ways to secure your wallet. If you want to secure wallet you must put your password and private key in safe place where no one knows it. You can also put 2fa to make it more secure and safe. Lastly, do not ever share your password and private.

The most important factor is 2fa to provide 2 layers of security on your account instead of just a password.

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October 08, 2017, 05:30:18 PM
 #27

I'm new here but the first thing that i learned is how to secure your wallets and make your money safe.
We all know that there are lot of ways to secure your wallet. If you want to secure wallet you must put your password and private key in safe place where no one knows it. You can also put 2fa to make it more secure and safe. Lastly, do not ever share your password and private.

The most important factor is 2fa to provide 2 layers of security on your account instead of just a password.
This things should be always be considered when we are setting up our wallets and if it do have funds on it then 2fa would really be mainly recommended and it is indeed a second layer incase if some did able to get your password because further verifications would really be asked which would really make the head of hackers itch.

R


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October 08, 2017, 06:53:39 PM
 #28

Invest in a hardware wallet and your coins will be safe. The only thing is to write down 1 set of seed words and you are able to recover your wallets anytime.
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October 08, 2017, 07:01:30 PM
 #29

I'm new here but the first thing that i learned is how to secure your wallets and make your money safe.
We all know that there are lot of ways to secure your wallet. If you want to secure wallet you must put your password and private key in safe place where no one knows it. You can also put 2fa to make it more secure and safe. Lastly, do not ever share your password and private.
that is too much important to place your password in a safe place, so that no one can easily get access to your account but still i think that the most import is to get 2FA security lyer, which can in fact give you extra protection to your wallet, i think through this way we can keep our wallet more secure.
Envrin
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October 08, 2017, 07:07:59 PM
 #30


To protect your wallet, put all levels of protection. Two-factor authentication, passphrases, SMS and SMS confirmation, additional passwords. In general, all that is possible. And it's even better to use cold wallets, which you can not use until you connect to the network.
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