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Author Topic: What you do for security?  (Read 457 times)
btcformula
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February 24, 2018, 06:13:23 PM
 #21

A original updated OS & Antivirus is doing half job and another half is avoding free WIFI, using offline wallet,  2factor auth, single pc ETC..
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FutureICOs (OP)
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February 24, 2018, 06:14:40 PM
 #22

I dont recommend using any uknown hardwallets it is better to use what most of the people are using so you wont lose anything and you are confident that your hardwallet cannot be compromised,i am using both ledger and trezor for about a year and a half ,i really dont encounter any problems using it,these two are the most secured wallet to date,and you should get one also for your protection.

I am asking this repeatedly, but unfortunately no one has answered this yet. I think you can’t say much unless you use something, as I believe the option you are mentioning should be fairly expensive, but until someone tell me the COST and some of the features, then it will help me do BETTER COMPARISON!
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February 24, 2018, 06:16:02 PM
 #23

I use a hardware wallet named trezor. I use a clean computer without any program downloaded except windows and google chrome. I dont connect any public wireless network.
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February 24, 2018, 06:21:38 PM
 #24

To be honest I have not yet decided which is the most convenient option to reduce the risks in my crypto assets, because although it is true that I have already suffered the theft of a small portion of my investments, the only "security" measure that I am using so far is to spread my investments in endless wallets and addresses. I think that at this moment I have about 50 different wallets, so that in case of suffering a hack, the most I would lose would be about $200.

It is true that it is very problematic to manage so many addresses and private keys, but it is a provisional measure while my assets are not so significant at this moment.
FutureICOs (OP)
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February 24, 2018, 06:24:46 PM
 #25

Security on huge assets or investments is important. Hacking can be done easily if your computer can be manipulated or viewed from a remote location using viruses and or malware. Using hardware wallet can be a very good option for security purposes. I would suggest you should use that.


That was my point, if anyone having over 1k investment, then I won’t mind giving away 4-5% IF it can secure me completely, but obviously, IF I have funds below that, then I will not bother. Right now, this think BitFreezer is $49 and my amount is around 5k, so I believe it is absolutely worth it.
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February 24, 2018, 06:25:03 PM
 #26

Always be careful to where you send your money. Double check or triple check is a must.
Cold wallets is also a good investment.
Never ever let your funds stay in a trading website for a long time. If you want to trade then just send in the amount that you can afford to lose.
Dont trust website wallets. Anytime there will be something wrong that could happen. If you want to withdraw to cash then just send also the amount you want to withdraw.
Never share your private keys with anyone except your wife. Grin
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February 24, 2018, 06:29:27 PM
 #27

First of all, l would like to check my accout. Then, l will lock my handphone. Besides, l will download antivirus to protect my handphone. In the main time, we must keep our password with carefully. Because it is very important to open our account. So, I think this my opinion about to do for security. Thank you
FutureICOs (OP)
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February 24, 2018, 06:32:43 PM
 #28

Wow lot's of people are far more security conscious then I am.  I understand hackers/malware gets better day in and day out but if you keep of sketchy websites. Run things like spybot search and destroy.  I am at least comfortable with desktop wallets, Mew wallet, and even some exchanges like Binance or Kucoin for a bit of money (couple thousand). 

I understand that the advice given by one gentleman above is likely the best practices but you have to be realistic with yourself.  Most of us aren't willing to go thru that level of due diligence.  Just gotta make it hard enough that it isn't worth the hackers time imo.

Honestly speaking, if your amount if higher then there is just no way you will be relaxed or careless UNLESS it is very tiny amount of your total wealth. But for a normal person, it will be next to impossible to really not worry, at least I can’t stop myself from worrying.

I will admit, I haven’t previously used ANY hardware wallet or even thought about it, I have all other security measurements and even my details aren’t in the system I use, it’s in my laptop that I don’t have internet active on (wifi disabled), so I am fairly secure, but then this thing I am talking about BitFreezer is around 50 bucks, so surely not that much?
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February 24, 2018, 06:36:04 PM
 #29

I have installed some anti virus and malwarebytes,so my computer wont be infected by these malwares and viruses that could steal my private keys,use a hardwallet for your own security ledger and trezor would be the best choice as they are the most trusted by the community,metamask extension will protect your private keys from the phishing sites so you need these things if you want to be secured all the time.

FutureICOs (OP)
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February 24, 2018, 06:41:59 PM
 #30

I use antivirus software to protect my computer, but I am still being careful because there are new tricks coming out from the scammers/hackers everyday.

As for wallet, I keep majority of my coins in Ledger and trezor hardware wallet.
Ledger and trezor is more than enough to protect your  money. Because both are hardware wallet so no one should hack your wallet. But you should careful your private keys this is more important in all the wallet. All the digital currencies are only 90% of secured other 10% percent is our responsible.

Can you tell me the cost of it? Also some features? It will be great if you could compare it with BitFreezer and tell me which feature is better on Ledger and also the cost.

I just create unique password, not same with my DOB or anything else of my public data. Turn on one time password to my phone.
And also use Google Auth if the website provide it.

I absolutely respect your opinion, but I don’t feel this is the way forward, I feel hardware wallet are absolute MUST if you got the serious amount.
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February 24, 2018, 06:43:27 PM
 #31



I have 2 questions. First is what I asked right at the start, it is what do you guys do for security? Then is this a good option to take? As I haven’t made an order yet, but will be going ahead on Monday. So let me hear your views. Thank you

Ledger nano s ledger can solve all your security problems. It works with almost all cryptocurrencies, and it is fast and convenient. It's expensive, but for big money, I think it's a great investment.

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FutureICOs (OP)
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February 24, 2018, 06:48:51 PM
 #32

My friend uses a bitfreezer purse.  He says that it is convenient and safe.  BitFreezer is built on the basis of Tails and because access to bitcoin runs from the boot operating system that is located directly on BitFreezer you do not have to worry about whether your operating system is infected with viruses.

I too plan to use it, as I believe it is very cheap as compared to other major names while it provides similar stuff. Often the problem is that NAME is what makes you money, so no one believes in trying anything else even if it is the same thing in terms of security. But I am looking to hear about the price of other hardware wallets and then make a comparison.
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February 24, 2018, 06:52:44 PM
 #33

Here's a quick rundown:

1) Do not use Windows for anything crypto
2) Use Linux for anything crypto (any user friendly distribution would do if you are new to Linux)
3) Do not expose your private keys to the internet ever, so either have a hardware wallet, or better yet, a laptop with no wifi card or anything that could connect to the internet
4) Do not give your personal information to exchanges, they are all potential scams that will disappear eventually. I have a lot of experience with exchanges disappearing out of nowhere. Luckily they didn't had my info.
5) Do not store your coins in exchanges, obviously
6) Consider any other coin buy Bitcoin a potential scam

That would be it.
That is the best guide on security  I've ever seen on this forum!
I should totally replace my Window on Linux and prevent future attack. Also I would like to add not buying any cold wallet like Trezor through intermediaries

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FutureICOs (OP)
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February 24, 2018, 06:53:54 PM
 #34

Use an offline wallet or ledger, that's basically it. You don't have to give yourself too much headache when the solution is simple, and you end up not risking anything in other system that you do not have control.

Second is stay clean, do not go to malicious websites. Clicking on some ads/links can get you phised and hacked.
Install a good firewall/antivirus or malware/rootkit protection.

And don't give you private keys/address to anyone, also your personal info on public/social media.


Very true and spot on with the suggestion. Just a few days back, I had no clue how the Hardware wallet works, but now I am getting to know plenty about it. Still waiting for someone to tell me what the COST of LEDGER is. Please tell me SOMEONE! This BitFreezer is $49, so need to make a comparison.
FutureICOs (OP)
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February 24, 2018, 06:58:09 PM
 #35

I use a hardware wallet named trezor. I use a clean computer without any program downloaded except windows and google chrome. I dont connect any public wireless network.

Wil you be kind enough to tell me the PRICE (COST) of that wallet? And can you tell me 1-2 features that are really good? As everyone is mentioning Trezor, but no one tells the cost.

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February 24, 2018, 07:02:32 PM
 #36

I think this question is something that should be in the mind of many, at least those who got over 1k Crypto Assets. As it is not RARE to see people losing their funds through hacking or all that stuff, it is becoming a lot common. So what measurements do you take to secure yourself (your funds)?

I have recently found this https://www.bitfreezer.us/, it is Hardware wallet as many might figure out. I have around 5-6k Crypto assets (depending on up/down value), so I believe it is not BAD to have this.

I have 2 questions. First is what I asked right at the start, it is what do you guys do for security? Then is this a good option to take? As I haven’t made an order yet, but will be going ahead on Monday. So let me hear your views. Thank you


which I do to increase the security of my wallet prefer to install google authentic because with it I strongly believe in making safe assets I have.
FutureICOs (OP)
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February 24, 2018, 07:07:27 PM
 #37

To be honest I have not yet decided which is the most convenient option to reduce the risks in my crypto assets, because although it is true that I have already suffered the theft of a small portion of my investments, the only "security" measure that I am using so far is to spread my investments in endless wallets and addresses. I think that at this moment I have about 50 different wallets, so that in case of suffering a hack, the most I would lose would be about $200.

It is true that it is very problematic to manage so many addresses and private keys, but it is a provisional measure while my assets are not so significant at this moment.

There are certain things that are your personal decision and this one is just that. However, I am just not sure how you will be comfortable doing this. I will definitely not suggest or even think about doing such stuff.

You might not lose too much though hacking, but this way is equally dangerous in putting you on BIGGER trouble. I will certainly prefer hardware wallet then doing this.
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February 24, 2018, 07:07:36 PM
 #38

I think this question is something that should be in the mind of many, at least those who got over 1k Crypto Assets. As it is not RARE to see people losing their funds through hacking or all that stuff, it is becoming a lot common. So what measurements do you take to secure yourself (your funds)?

I have recently found this https://www.bitfreezer.us/, it is Hardware wallet as many might figure out. I have around 5-6k Crypto assets (depending on up/down value), so I believe it is not BAD to have this.

I have 2 questions. First is what I asked right at the start, it is what do you guys do for security? Then is this a good option to take? As I haven’t made an order yet, but will be going ahead on Monday. So let me hear your views. Thank you


Yes, its good to keep your crypto assets safe. I use hardware wallet to keep my crypto away from the hackers. Hardware wallet is a safe place to keep your crypto assets because your private key never leave your wallet.

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February 24, 2018, 07:07:38 PM
 #39

Personally i went with the Ledger Nano S. You get what you pay for this isn't a product you want to skimp on....

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FutureICOs (OP)
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February 24, 2018, 07:12:03 PM
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I have 2 questions. First is what I asked right at the start, it is what do you guys do for security? Then is this a good option to take? As I haven’t made an order yet, but will be going ahead on Monday. So let me hear your views. Thank you

Ledger nano s ledger can solve all your security problems. It works with almost all cryptocurrencies, and it is fast and convenient. It's expensive, but for big money, I think it's a great investment.

Is it $229? As I just checked their website, I feel that is bit too expensive for my liking. This BitFreezer is $49 and has SAME features as Ledger got, so can someone EXPLAIN why I should be going for Ledger and not BitFreezer? Although, it is obvious that name often speaks, but still some logical reason?

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