How do you secure your bitcoins?

[FrankNoland]

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 think that desktop wallets such as armory and electrum are also secure, if you are looking for an alternative expect for hardware wallets, consider using desktop wallets. I am currently using an online wallets but I am thinking of installing armory on my desktop for extra security.

[maydna]

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 think that desktop wallets such as armory and electrum are also secure, if you are looking for an alternative expect for hardware wallets, consider using desktop wallets. I am currently using an online wallets but I am thinking of installing armory on my desktop for extra security.

i am choosing electrum than armory in both desktop and android and my desktop is not connected with internet and only connected if i want to transfer my bitcoin. so if you have a plan to installing armory on your desktop, it will be great if you don't connected with internet too to secure your bitcoin if you have huge bitcoin. but for less than 100 bitcoin, i think we can split it into several wallet and each of wallet have 2fa or something like that to give more protection to our bitcoin and our wallet.

[piebeyb]

You can save some of your important data wherever you like, keep your personal wallet key in a small memory on a mobile phone that is never connected by the internet like a smartphone.

[Sarah08]

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 putting it on a bitcoin wallet. I am now using coins.ph as my bitcoin wallet. Coins.ph is an online bitcoin wallet in where you can invest your bitcoin and it has the ability to grow through you making transactions with every transaction you can get an interest on it.

[bitorama]

I use nano S, pretty solid, but a little expensive

[Ayaancool]

Bitcoin is a good investment of this century.And it has a weakness too.....,it have been subject to heated debate after varies attacks on bitcoin hear are some solutions for restrict it.........
1. Use a versatile bitcoin client for the purpose of privacy and to hide the IP address that uses in bitcoin.
2.Protect your identity from public for hiding our transaction details.
3.Use an ''escrow service '' if you don't know the second party.
4.Make a backup of our virtual wallet.
5.Encrypt the user space where these files are located.
6.Always aware about two factor authentication.
7.Avoid using wallets on mobile with internet services.
8.Get rid of a virtual wallet which is no longer needed.

[black014]

to make sure my bitcoin is safe, I do not say to all my private keys i keep it secret. I also use a hardware wallet or ledger to make it more safe and secure my bitcoin currency.

[vv181]

When I using an online bitcoin web wallet, I'm always Enabling 2-Factor-Authentication (like Google authenticator) on my account, and you should have direct control of your bitcoin private keys, if you don't have the keys, you don't control the bitcoin, and I always regularly backup my bitcoin wallet, well it's maybe complicated but it is for our own good, for the simple ways, a hardware wallet like trezor make it easier but this hardware a little bit expensive, I believe once this hardware affordable it will become the solution of bitcoin security

[DoublerHunter]

I secure my bitcoins by putting them on a paper wallet which is an affordable wallet which is offline so i am not vulnerable for hacking and i am also planning to have a hardware wallet in the future this coming christmas as a christmas gift to myself because i realized that i saved enough money but i will buy it on christmas so i will not double spend money to myself.

[LoyceV]

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

Bitcoin doesn't have accounts, which means you're using an online service to store Bitcoin, which means it's by definition not very secure.

Although I've posted about it before, this thread made me realize an additional security measure would be not to post any details online about how you store your Bitcoins.

[naila waqar]

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 think that desktop wallets such as armory and electrum are also secure, if you are looking for an alternative expect for hardware wallets, consider using desktop wallets. I am currently using an online wallets but I am thinking of installing armory on my desktop for extra security.

The thing which I heard about securing bitcoin is online wallets and offline wallets, yes the benefit of online wallets is that those people who secure their bitcoin but invest daily and need to take out their btc but those people who secure and save their bitcoin for a long time and do not invest daily so offline wallets valid to them.

[dedet]

I secured the bitcoin with ethereum wallet storage. using the private key in my opinion is safe. because the private key given very many numbers and letters that make it safe.

[natsu_koo]

There are lots of bitcoin wallets but we are not pretty sure if our bitcoin will be safe there, if you find a wallet which you think is capable of securing your bitcoins, here are the two things you musnt do:
1. never let anyone knows your wallet password ( the most common tho. )
2. never log in your bitcoin wallet to any other devices such as computer or an android phone when your not the owner of any of the devices.

Back to me on how i secure my bitcoins, well i only use a wallet which is very popular in my country, the wallet that can guarantee the safety of my bitcoin and also easy to use wallet. Sometimes i also withdraw a little amount of my bitcoin in exchange of fiat money and put it in my bank account. These are my ways of securing my bitcoin or should i say my money.

[Nisharawal]

For securing the bitcoins Paper wallets are ok to use if you are a user with minimum transactions , but for high safety and more number of transactions purposes i always recommend people to use HARDWARE WALLET which i do also use personally. Hardware wallets are gaining massive response and the top three hardware wallets that are highly secure are TREZOR, LEDGER NANO S, and KEEP KEY.

I personally use and recommend TREZORfor bitcoins which is the best and cost you around $99. While you are talking about Ledger Nano S, it is also a great one and its a must to use if you are a multicoin user. Ledger Nano S do not store bitcoins they store the private keys to transfer the ownership and currently i cant guess the number of bitcoins but yes,
 it almost store infinite number of transactions

[MetalGear]

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

There are many ways to secure your wallet. I suggest to put 2fa your wallet to make it totally secure and do not ever share your password and private key to anyond and put it in safe place. In addition to that, try use hardware because it help you to keep your bitcoin safe and secure.

[djselery]

I am not using online wallets nor saving my BTC in exchangers. I use a wallet giving me access to my private keys, and I keep my exported private keys safely in paper . So even if I lose access to my wallet I can easily import my wallet again. This is the safest method to secure our bitcoins.
There is many wallets giving you access to your private keys, like desktop wallets, hardware wallets or paper wallets.

[Johj]

I keep my bitcoin on an exchange, but that is mostly because I only use BTC to buy alts. I'm a horrible person, I know.

[bitllionaire]

I keep my bitcoin on an exchange, but that is mostly because I only use BTC to buy alts. I'm a horrible person, I know.

I think most of the people are doing the same. I have accounts in different exchange and usually I use to keep my bitcoin in exchanges for different purpose. I am sure that with the passage of time the security of bitcoin will be increasing more and more.

[LTU_btc]

Well, I'm not doing anything special to secure my btc. I keep mostly of my btc in offline wallet, which never been connected to online, desktop or mobile wallet. And offcourse, I'm trying to keep my private keys safely. I have saved it in several places to be guaranteed that if my device will crash, I wouldn't not loose all my btc.
Hodling btc in hardware wallet is a good idea. And on hardware wallet you can keep as many btc as you have or want to keep. Hardware, same like all other wallets doesn't have limit of btc allowed to keep.

How do you get the bitcoins transferred without compromising the offline wallet? Do you create a new offline wallet and transfer all your coins-x. X being the amount you are sending to another wallet(maybe a hot wallet). Even then you are compromised in the time you are making the transfer because your wallet that was cold is hot for a moment when you make this transfer.

I'm not using btc from my offline wallet. I'm just hodling it safely. If I would need these btc, I would have to compromise offline wallet - import private keys to one of the desktop or online wallet. I have Electrum wallet for my daily needs, offcourse, I don't keep very big amount btc here, some btc also stored in online wallet.

[zeaderza]

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.

I think it is very hard. No one exactly knows how to strongly secure his bitcoin wallet, but I want to tell one thing that security should not be the problem of bitcoin holders it all about the coinbase or blockchain controllers to make sure that their security system is unbreakable and your bitcoin is in safe hands. Therefore I think people should not be panic about the security of their bitcoin wallets.