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Author Topic: How do you secure your bitcoins?  (Read 1691 times)
Mazda17
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October 18, 2017, 11:39:29 PM
 #21

there are many ways to secure wallet but the professional security of wallet usually is not free, we have to pay for it. for example cold storage, it is offline wallet that provides you the highest security saving, or you can buy a ledger nano or a trezor.
A good opinion and I like your opinion.
Actually to secure a bitcoin is not necessary to bother because the business world bitcoi already provides wallets for storage or storage bitcoin itself is provided a professional wallet, although not free, then have to pay and most important bitcoin we feel safe.
Gagarin6801
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October 18, 2017, 11:47:39 PM
 #22

First, you need to understand the different types of wallet. There are a variety, but here are the important ones.

Before that, you need to answer these questions: will you be trading often? Will you be using a mobile device or a PC?
It's important to know what your purpose of storing is. If you plan to just save your coins, then a cold wallet would be suggested, but if you're going to use it to do regular transactions, then a hot wallet is what you should use.

1. Bitcoin Clients
These were the pioneers of Bitcoin storages. BitcoinQt, for example was the very first wallet to be created, and was used by 'Satoshi Nakamoto' hmself.

2. Desktop wallets.
These are downloadable softwares that allows you to store Bitcoins. Very easy to access and use even when you're not connected to the internet.

3. Mobile wallets.
Basically this wallets are used to ease transactions. Security will vary in the type of service you avail from the storage provider.

4. Online wallets.
These are companies that provide storage and security in exchange for a commission when doing transactions. Most online wallets provide exchange services, as well.

5. Hardware wallets.
These are portable devices whose main purpose is to store and/or trade bitcoins.


Thank you good answeet for beginner .please exemple of good online wallet
949miner
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October 19, 2017, 02:04:39 AM
 #23

Currently I try to protect my bitcoins by so many ways, during last weeks I used to have an online wallet but two days ago I bought a trezor's one, because many of my friends had suggested me to use one of these to store my bitcoins because it is one of the most easiest ways to protect bitcoins. But having an online wallet is not bad as there are some of them that are very safe, like coinbase or blokchain's wallet


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Ewox
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October 19, 2017, 02:20:45 AM
 #24

Hello everyone,

I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.

Thank you,
CoinChaos
Keep your bitcoin in a paper wallet or an offline hardware wallet. Also spread all your bitcoins in multiple adresses and wallets with different private keys because hackers are not going to target wallets with low amount of bitcoins. They are looking for something big that worth the waste of time. Be very careful what website you acces and what programs you install on your computer and mobile phone. Even the best secure app can be dangerous in a hackers hand

Yes this is correct and true, the safest way to store your bitcoin would be in an offline hardware wallet like ledger, though I'm not sure if there is a certain limit of how much bitcoin you can store on those but that is the most safest way. And yes be very vigilant and careful of these hackers, which are targeting traders with huge amount of coins stored in their wallets.
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October 19, 2017, 02:38:30 AM
 #25

I keep my personal identification in my email and have 2FA active for it
Atleast I will know if someone's trying to access my account

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October 19, 2017, 02:51:27 AM
 #26

Hello everyone,

I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.

Thank you,
CoinChaos

What I do to keep my wallet secure is Blockchain Wallet. Here I hold my Private Key and it can not be opened anymore because there is one thing I need to do to verify it in my email when someone opens it to another IP address, And for that they have to steal what they need to know my email password and my private key. You've made it really hard to do it
mostkey
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October 19, 2017, 02:59:43 AM
 #27

Nothing is impossible to be hack if we are using internet. I suggest you can use hardware wallet to be more secured.
and it's true that hardware wallets will be safer than online wallets, but there's another safe place, like if we keep bitcoins in a well-known exchange, because they'll be responsible for every bitcoin we have, even if the exchange is hit by their hack will definitely replace any losses we bear
SmartMesh
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October 19, 2017, 03:01:52 AM
 #28

you should find some website that it can be trusted. Also when you do the transaction you should always be careful.
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October 19, 2017, 03:08:07 AM
 #29

I wish I can have a nano ledger in the future coz it's very safe to use..now I have different wallets downloaded apps but too risky once the acct is being hacked..all assets will disappear in a single blink
Phyton76
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October 19, 2017, 03:10:38 AM
 #30

Hello everyone,

I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.

Thank you,
CoinChaos
I secure my bitcoin through coins.ph.Coins ph is an online money wallet in where you can store your money and let your money grow through making transactions.In coins.ph your bitcoin can grow without you working so hard.
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October 19, 2017, 03:14:36 AM
 #31

Hello everyone,

I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.

Thank you,
CoinChaos

For us. Me and my wife, we are using a hardware wallet. We transfer bitcoin to online wallets if we need it for something and put back in the  hardware  wallet for storing.  It may be tedious work but for us it is safer for us.

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DevilSlayer
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October 19, 2017, 03:16:59 AM
 #32

Hello everyone,

I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.

Thank you,
CoinChaos
I believe that my bitcoins is safe because I store it in coins.ph and coinbase. Both of the bitcoin wallets that I said is really safe and  has high security. I know that hackers can't hack that wallets.
noictib
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October 19, 2017, 04:17:46 AM
 #33

Hello everyone,

I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.

Thank you,
CoinChaos
Here in my opinion the best option is to secure is only two .
First option is to make private key in offline ( you can get easy process about it in the Google directly )  , that private key will be 100% safe for you because that private key will be made by you in offline and no where is stored .
Second option to get a direct private key frommthe mycellium Wallet and then save that private key at a safe place ( unknown to everyone like new Google drive account , or direct print at paper ) .
Here I am using myselium Wallet currently to store 10+ btc and I didn't faced any problem yet and also I didn't heared anything wrong about mycelium . So we can trust at it easily .
Here my suggestion for you to use either of the two option that is mentioned above , but if you don't want take much tension then you can store your bitcoin in 3-4 accounts of blockchain.info Because blockchain.info is that Wallet which is offical .
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October 19, 2017, 04:20:39 AM
 #34

How do i secured my bitcoins,


Im using a hard wallet for handy and easy access security, particular trezor and ledger. I always checked my accounts and updates like one to three times per week. Hard wallet stuffs should be in a secured deposit box as possible.

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Faith Joy
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October 19, 2017, 05:06:16 AM
 #35

Hello everyone,

I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.

Thank you,
CoinChaos
I secure my bitcoin using the reliable bitcoin wallet. Using the coins.ph many people are using coins.ph in able to secure their bitcoin it is tested to be legit and it is already known and used by many people. With coins.ph your bitcoin is safe and it can grow higher and higher.
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October 19, 2017, 05:22:43 AM
 #36

if you have a lot of coin its better to buy trezor to  stay in safe your bitcoin why it find hard to choose what is the safest wallet for bitcoin if you have a lot of coin we know that all wallet if there have a price it means this is safe..if you not satisfied to your wallet now.. its better to change your wallet you use..

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October 19, 2017, 05:35:58 AM
 #37

Paper wallet is one of alternative and cheaper way to store safely your bitcoin but if you really want to store it safely go for your plan to buy ledger nano or trezor.
For my wallet, i usually secure it on a old computer or laptop without internet connection touch to it, without internet connection, hackers and key loggers can't compromise my own PC.
If I'm installing some new wallet that is unknown to me i always test it first to a virtual machine so that if the wallet contains virus, your pc is safe 80%
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October 19, 2017, 05:39:05 AM
 #38

The security indeed is very important for bitcoin that we have, especially at this time bitcoin price continue to rise higher.. of course also there are be people who have malicious intent to hacking bitcoin that we have. For me personally I have used the web site for my bitcoin wallet address that I have, that was already used by many people in the country where I live.. it's "TRIV" website, which so far has proved to be safe and so far was safely from hackers.

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October 19, 2017, 05:44:09 AM
 #39

Most noticed do not ever careless every time transact so that we feel more calm each time making withdrawal and delivery of coins to others either directly or indirectly and never give a key to anyone.

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October 19, 2017, 05:50:59 AM
 #40

I am one of those who do not trust on-line wallets, I am afraid that if I kept my bitcoin there chances are someone can steal it from me or maybe I might forgot my passwords that's why I always convert my bitcoin into cash. Some are using 2 way authentication others are using paper wallets. it depends on you on where do you prefer the security of your bitcoin.
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