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Author Topic: How do you secure your bitcoins?  (Read 1661 times)
Mazda17
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October 26, 2017, 12:13:48 AM
 #101

Best solution is to buy trezor or ledger nano s and cold storage all your Bitcoins, if that is too costly for you then buy an android device, setup a wallet, take the backup of private keys and all then shut it off. Send all your bitcoins and hold.
A good opinion and I agree with your opinion.
How to pick up bitcoin we do have to buy trezor or ledger nano s and cold storage and also a wallet setup to secure bitcoin.
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October 26, 2017, 12:33:54 AM
 #102

I think for securing, one should keep them in bitcoins wallet.  And should keep these precautions in mind. That
Be careful with online services.Small amounts for everyday uses. ...Backup your wallet. ...Encrypt your wallet. ...Offline wallet for savings. ...Keep your software up to date. Multi-signature to protect against theft. And for securing bitcoin one should follow these things.  Because bitcoin stored in bitcoins wallet.
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October 26, 2017, 01:08:29 AM
 #103

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
the best solution in my opinion is that your wallet it must be hide well, the example of the box crisp.
shimbark123
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October 26, 2017, 01:13:31 AM
 #104

Managing or securing wallets is one of the skills you need to have in this kind of industry. You need to secure your wallet by hiding its private key. You should have a wallet that have private keys.

 
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October 26, 2017, 01:14:20 AM
 #105

I think the best and safest way of storing bitcoin that we have is to store it in a wallet that has a private key. Private key is the main gateway to access our wallet so that when we have a private key and make sure no one else knows our private key then we can make sure our wallet account is safe. Oh yes there is one more to note, offline wallet is one option, if you want to store bitcoin very safely then the offline wallet and private key is the safest. One of them is you can use wallet offline electrum. I am very confident that you will like and use it very well.
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October 26, 2017, 01:17:09 AM
 #106

the best of your wallet security is to use google authenticator, so it is not arbitrary people can start your bitcoin wallet
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October 26, 2017, 01:23:51 AM
 #107

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
the best solution in my opinion is that your wallet it must be hide well, the example of the box crisp.


this is too secure  Grin but this is a good idea so only us that will know where is the wallet if the wallet is a hardware wallet. i think he can feel safe when he using few paper wallet and he can safe it into the safest place like you said. but i am prefer with the ledger nano or trezor. i think if he have more than 3 btc, he can save it into the ledger and if he want, he can wait for the ledger blue.

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October 26, 2017, 01:54:33 AM
 #108

I think for securing, one should keep them in bitcoins wallet.  And should keep these precautions in mind. That
Be careful with online services.Small amounts for everyday uses. ...Backup your wallet. ...Encrypt your wallet. ...Offline wallet for savings. ...Keep your software up to date. Multi-signature to protect against theft. And for securing bitcoin one should follow these things.  Because bitcoin stored in bitcoins wallet.
why should it be so complicated dude? in fact I only use online wallet for 4 years and I never experienced bitcoin theft. the key is just one. add sms verify authentication to your account before login and make sure that you have different password between email password and wallet account password. I used that trick (very simple) and I never experienced bitcoin theft
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October 26, 2017, 02:02:55 AM
 #109

Sign transaction offline.
Move txn to online system.
Broadcast it.

That's what I've been doing for years or if it's small amounts Google Authenticator 2FA, just avoid all SMS/phone number 2FA schemes, that is easy to fake and how businesses get their domains hijacked routinely when some guy spoofs their SMS recovery and logs into their gmail, then changes their domain (or in OP's case, steals all the coins).
Bitcoinsislife
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October 26, 2017, 02:10:58 AM
 #110

To me I'm sure my bitcoins are in online wallets and Hardware wallets because of this I know that my bitcoins are more secure and do not wipe out and my passwords in accounts should not be spoken to strangers because so many now scammers who offer big money but they have hacked your accounts. And we should safeguard our accounts because our only oppression is only to be hacked.
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October 26, 2017, 02:12:37 AM
 #111

The only thing I know to secure my bitcoins is through the hardware wallet, paper wallet, and online wallet here only I know to secure my bitcoin and keep passwords and do not let the unknown and should read in their posts and do not trust the person who offers the account to see people first and we should be careful because when your accounts are hacked and only our difficulties are wasted.

Hardware wallet is the best one to secure your bitcoin, you could assure yourself that your bitcoin is in the safe place unlike if you are going to store it on those web wallets out there which are too vulnerable for me to the hackers, just a little trick and if they got your private key, then you are finished, all of your bitcoin, gone, in an instant.
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October 26, 2017, 02:17:54 AM
 #112

The best way to secure your bitcoin wallet is the paper wallet is many wallet, but the main bitcoin wallet is the paper wallet because of it is an identical secure way to storing bitcoins, and I keep my paper wallet anywhere in my house that I know that is safe and nobody notice that is bitcoin paper wallet.
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October 26, 2017, 02:24:06 AM
 #113

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

Currently, I used an e-wallet called coins.ph app. Here in this app is where I put my BTC. And as for my way of securing my e-wallet, I do constantly change my e-wallet password every now and then. In this way, hackers will have atleast a little chance of hacking my hard earned BTC because of my constant change of password. But that can also confuse the user, if he/she can't remember that well.

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October 26, 2017, 02:24:17 AM
 #114

I do bitcoin security by pulling it into my country's currency when bitcoin prices are expensive to me, or by storing them in wallets that do have a high level of security.
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October 26, 2017, 02:35:34 AM
 #115

We know anything kinds of the bitcoin wallets are safe, it depends to the person what wallet he/she to be used. For me, I use them all I have desktop wallet, Mobile wallets, Online Wallets, Hardware Wallet, and last is Paper wallet, I use them because I don’t put all may bitcoin in one wallet for me it’s very secure, I have also secured and remember my account every wallet I have
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October 26, 2017, 02:47:22 AM
 #116

I do bitcoin security by pulling it into my country's currency when bitcoin prices are expensive to me, or by storing them in wallets that do have a high level of security.
That is the best way to secure your bitcoin is to store it with a high security like the hardware wallet or paper wallet. Security of our bitcoins is the most important in this world of cryptocurrency because your money is one of the most important thing in this world so it is better to spend some money in hardware wallet rather than trusting online wallets.
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October 26, 2017, 03:14:14 AM
 #117

I also feel confused about it, but maybe for me the most important way to save it is to convert it into fiat and save it in a savings account at the bank.

I agree with you sir. I also do this method to secure my money. I earn bitcoin every week and after that I will immediately convert it to fiat withdraw to local wallet and the after that deposit it to my bank account.
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October 26, 2017, 03:20:27 AM
 #118

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. it is very trusted wallet because here in our country there's a lot of people use it. Many of my friends also use it to secure there money. And many things can do in this wallet like paying bills, buy load, cash in and cash out.
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October 26, 2017, 03:39:44 AM
 #119

while selecting bitcoin wallets you need to make sure whether that wallet is secure as online wallets and exchanges will tend to lose your wallets so it is better to choose any offline wallets like paper wallets, hardware wallets such as trezor or USB wallets, the bitcoin network provides good levels of security and transparency if used correctly by choosing  the right wallets, then you will have freedom of financial use this bitcoin protocol at anytime anywhere without the worry of losing your bitcoins. Online wallets and exchanges are not secure enough as hackers can hack them very easily and there is no insurance of getting your bitcoins always use a two factor authentication when using exchanges. If you find paper difficult to handle then you can go for Trezor and USB wallets.

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October 26, 2017, 03:42:37 AM
 #120

To secure your bitcoin, ensure you keep your login details private and avoid clicking links to bitcoin or blockchain sites as most of them are phishing links

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