How to Secure Bitcoins?

[Brian Goldman]

How to Secure Bitcoins?

[Ethan Becker]

As with anything valuable, hackers, thieves, and scammers will all be after your bitcoins, so securing your bitcoins is necessary.

If you’re serious about investing in bitcoin and see yourself buying a significant amount, we recommend using Bitcoin wallets that were built with security in mind.

Ledger Nano S – Ledger is a Bitcoin security company that offers a wide range of secure Bitcoin storage devices. We currently see the Ledger Nano S as Ledger’s most secure wallet. Read more about the Ledger Nano or buy one.
TREZOR – TREZOR is a hardware wallet that was built to secure bitcoins. It generates your Bitcoin private keys offline. Read more about TREZOR or buy one.
Bitcoins should only be kept in wallets that you control.

If you leave $5,000 worth of gold coins with a friend, your friend could easily run off with your coins and you might not see them again.

Because Bitcoin is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin itself is secure, but bitcoins are only as secure as the wallet storing them.

Investing in bitcoin is no joke, and securing your investment should be your top priority.

[Julian Page]

Software
Keep your software up to date. A wallet running on non-updated bitcoin software can be a soft target for hackers. The latest version of wallet software will have a better security system in place thereby increasing the safety of your bitcoins. If your software is updated with the latest security fixes and protocol, you may evade a big crisis because of the enhanced security of the wallet. Consistently update your mobile device or computer operating systems and software to make your bitcoins safer.



Read more: Best Ways To Protect Your Bitcoins | Investopedia https://www.investopedia.com/articles/forex/042715/best-ways-protect-your-bitcoins.asp#ixzz55Unx2lrN
Follow us: Investopedia on Facebook

[Brian Goldman]

Offline Mode
The offline mode of securing bitcoins is called cold storage. Cold storage wallets are not connected to the Internet and are thus less susceptible to hacking. Since accessing a cold storage wallet can be inconvenient, it’s best to split the bitcoins you own. Keep a small amount of bitcoins in an online digital wallet for daily trading needs and keep the rest in cold storage. Cold storage takes the private keys in an offline mode, thus decreasing the chances of theft. The practice of using cold storage is not only popular with individuals but even with cryptocurrency exchanges that deal with huge sums and are often under constant threat by hackers. The popular cold storage methods are paper wallet, sound wallets, storage devices (like a USB drive), and hardware wallets.

[Abete]

if saving on a gadget or laptop, certainly not to put haphazardly. and do not forget also our history when surfing the internet for your immediate delete, do not menyipat password on your laptop. 

[bigdude]

Ledger Nano S is the best one for me till now.
I feel safe with it. And I only connect it once I need confirm for trasaction.
No one can see your private key, even you lost this device it's still not big problem.
It value too small to compare with BTC

[eann014]

How to Secure Bitcoins?

Just like how you value your important things, some bitcoin wallet has a private keys, this private keys must kept with safe storage and no one needs to know where it is except you and also the person you trust too like your husband/wife or parents. It is still depend on you if you want to just keep it yourself or tell it also with your partners.

[klebsiella]

There are incidents of hacking, theft, and fraud associated with bitcoin. Best to secure your bitcoins than be sorry. You can use cold storage, backup - in case of computer failure. Consistent update of software is also a big help. The latest version of wallet software will be a better security system for your bitcoins.

[BTCeminjas]

How to Secure Bitcoins?

As long as you have your private key and no one knows about it your bitcoin is totally secure from scammer or thief.
Or you just buy a hardware wallet if you are planning to hold long term or about a year or decade.lol
Like nano ledger or trexor these wallet are you need to buy, it is very safe for cold storage.
There's some tip in storing your bitcoin don't put all your egg in one basket.

[ThishD]

If you have big volume of bitcoin first of all you want select a secure wallet.There are many wallets in the internet.I Recommended to use if you got big volume of bitcoin use a Hardware Wallets.But it is little bit expensive.But more secure.If you doing some little transaction you can use Web Wallet or Desktop/Mobile Wallets.They are also secure.Main thing is never share your Privet Key with anyone.If You Share you will be get hack and you will lost all of your Bitcoin.

[Arumi.Bilqis]

Until now I still use the blockchain wallet and it's a safe way and has secured the coins I have until now

[bit-freedom]

As with anything valuable, hackers, thieves, and scammers will all be after your bitcoins, so securing your bitcoins is necessary.

If you’re serious about investing in bitcoin and see yourself buying a significant amount, we recommend using Bitcoin wallets that were built with security in mind.

Ledger Nano S – Ledger is a Bitcoin security company that offers a wide range of secure Bitcoin storage devices. We currently see the Ledger Nano S as Ledger’s most secure wallet. Read more about the Ledger Nano or buy one.
TREZOR – TREZOR is a hardware wallet that was built to secure bitcoins. It generates your Bitcoin private keys offline. Read more about TREZOR or buy one.
Bitcoins should only be kept in wallets that you control.

If you leave $5,000 worth of gold coins with a friend, your friend could easily run off with your coins and you might not see them again.

Because Bitcoin is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin itself is secure, but bitcoins are only as secure as the wallet storing them.

Investing in bitcoin is no joke, and securing your investment should be your top priority.

I agreed that hardware wallets are good at securing Bitcoin and Altcoin. There are plenty of phishing website around, the hardware wallet doesn’t expose your private key. Buying one at less than $100, it is definitely a good buy.

[NorrisK]

Hardware wallets would be your best bet.

Either Trezor (T) or Ledger are good choices that have been proven trusted and secure over a couple of years now.

Alternatively, you can make an offline pc to create a paper wallet and use that to store your coins.

[kadutz25]

How to secure bitcoin is we must have a private key which is basically a private key only ourselves who know our personal key password and maybe we should enable 2FA feature as it serves to provide authentication and notification in your bitcoin wallet.

[Smith871]

Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues. Just this week, scams have arisen that divert funds from users' mining rigs to malicious wallets, because victims forgot to change default login credentials. Search engine phishing scams that tout malicious trading sites over legitimate exchanges have also spiked. And a trojan called CryptoShuffler has stolen thousands of dollars by lurking on computers, and spying on Bitcoin wallet addresses that land in copy/paste clipboards.

[ab005]

You should be wary of any service designed to store your money online. Many exchanges and online wallets suffered from security breaches in the past and such services generally still do not provide enough insurance and security to be used to store money like a bank. Accordingly, you might want to use other types of Bitcoin wallets. Otherwise, you should choose such services very carefully. Additionally, using two-factor authentication is recommended

[Meowth05]

Well you should pick those most useful and trusted site like blockchain. Blockchain was tried and tested that is why I choose this wallet. Besides, don't put all of your bitcoins in one wallet so that in case that the other one has been hacked you have still a balance. Having also a cold wallet which ledger nano in particularly will be the most countermeasure for hackers.

[spacesniper93]

I think the only way to protect our Bitcoins is saving it at the local wallet and cut the internet connection and it will be totally safe.

[nhoj25]

How to Secure Bitcoins?

Bitcoin itself is secured since it is decentralized. Maybe you meant is with your wallet/storage? Most of wallets now are requesting to enable 2fa ( two factor authentication) You should enable this to add more security to your wallet. 2fA uses OTP (One Time Password) whhich is only valid for one time login.

[tiggytomb]

How to Secure Bitcoins?

If keeping for the long term as in not going to trade regularly then it is best to keep them in a local wallet and keep the private keys safely stored away, a hardware wallet such as Ledger or Trezor are fantastic for this.