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Author Topic: How do I keep my cryptocurrency safe?  (Read 326 times)
upekhaanthony
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June 20, 2018, 07:47:45 AM
 #41

I personally recommend hardware wallet and my prefered version is Ledger nano s wallet. If someone could afford to hardware wallet, the best option stores a wallet that private key in your hand. if you are using MyEtherWallet, then you can use meta mask chrome extension to access the wallet. It very easy to use and safe.

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June 20, 2018, 08:40:11 PM
 #42

If you want to manage altcoin, it is best to send some of them to your local storage like USB.
Why not just buy a hardware wallet and it well serve just like what you are saying as a local storage (USB).

Get trezor or ledger s and that will be the end of the discussion. But there are also free multicurrency wallet apps like coinomi which gives you private keys too.

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June 20, 2018, 08:51:18 PM
 #43

Do not give your private key or seed or password to your wallet to anyone regardless who person says he is.
Sometimes when you do airdrop, they would ask you sign a message from your wallet through the link they give you,  if you use the link they will copy the details of wallet and scam you

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Punit kumar
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June 20, 2018, 08:53:06 PM
 #44

Hi, I hope this will help. Find a wallet that you know have a lot of good reviews, for me it's myetherwallet. Then if you already have, don't give out to other people your private key. Save it or right it somewhere that no one can see it. Don't trust anyone. And never ever give your personal information or download anything suspicious to avoid being hacked.

Is it safe to keep the private keys on the PC unprotected or should we keep them in paper or diary? I keep them on my email but if someone can access your computer then sure they can access your mails too. So what is the most secure way of storing private keys?
CarolineCSY
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June 21, 2018, 02:41:51 AM
 #45

the ledger wallet nano is great! Shocked
cryptowisser
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July 10, 2018, 12:19:34 PM
 #46

I think it will  help all the beginners to improve there security in crytocurrencies..............

The safest way to store your airdrops are hardware & cold storage wallets. These wallets store your coins offline, and therefore protect them from being hacked. There are a number of hardware wallets available. We would advise to use the Ledger Wallet Nano S or Trezor.

Not all cryptocurrency can be stored in hardware wallets. We advise you to store your crypto in wallets where you control your private keys. You don't want your free crypto to be stolen!

To avoid scams we have a few general rules:

    Never give your private keys! beware of it
    Use 2 Factor Authenticator on your wallets. it safest way to protect
    Be careful downloading wallets of smaller projects. (make sure every thing or double check it)
    Never click on links redirecting to wallets .............. its very dangerous
    Don’t use your main email address to apply for airdrops
  Smiley Smiley Smiley Smiley Smiley

Very good post sakib.bro, thank you.

In addition, you can find a list of all the available cryptocurrency-wallets and how the cryptocommunity has rated them here:
https://www.cryptowisser.com/wallets/

The above is the most extensive list of cryptocurrency in the world (that we know of at least). Is the number one wallet in the list a shocker to you or not? Smiley

Hope it helps! Good luck!

All the best,
Cryptowisser
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July 10, 2018, 10:45:23 PM
 #47

I think it will  help all the beginners to improve there security in crytocurrencies..............

The safest way to store your airdrops are hardware & cold storage wallets. These wallets store your coins offline, and therefore protect them from being hacked. There are a number of hardware wallets available. We would advise to use the Ledger Wallet Nano S or Trezor.

Not all cryptocurrency can be stored in hardware wallets. We advise you to store your crypto in wallets where you control your private keys. You don't want your free crypto to be stolen!

To avoid scams we have a few general rules:

    Never give your private keys! beware of it
    Use 2 Factor Authenticator on your wallets. it safest way to protect
    Be careful downloading wallets of smaller projects. (make sure every thing or double check it)
    Never click on links redirecting to wallets .............. its very dangerous
    Don’t use your main email address to apply for airdrops
  Smiley Smiley Smiley Smiley Smiley

Wooow!
This is really insightful.  I particularly have fallen prey to some scams. So this only is good enough information for me.
Will do well to keep my privates keys safe and employ two factor authentication to all my wallets.
Thank you
Adeforever
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July 11, 2018, 05:12:40 AM
 #48

To always make sure your password is strong and kept safety for easy crack by the scammers..
walkerbitco
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July 11, 2018, 05:40:12 AM
 #49

The only way to keep the crypto currency safe is to use the hardware wallet....
pwchan001
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July 11, 2018, 05:47:42 AM
 #50

Yes, I always backup my wallet and write down the private key on a piece of paper and save them in the safest place I can  before starting to use the wallet. I never share those information with someone else, even my family members!

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eup
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July 11, 2018, 09:37:55 AM
 #51

The information you provide is very useful for beginners. During the non-trading period, I will put my cryptocurrency in the cold wallet!
ahtsham90
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July 11, 2018, 02:55:17 PM
 #52

yes 2FA is a integral part to improve your security and those who dont understand 2FA please watch youtube and when you put 2FA on any of your exchange account dont forget to stored its key and stored it at safe place  in case if you loss your phone

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July 11, 2018, 03:57:21 PM
 #53

In this digital world, mobile phones, hard drives, laptop’s, wallets are convenient repositories but nowadays this isn’t sufficient. It’s of vital importance
to secure your crypto wallet hard for keeping your assets safe.

Here are some of the best tips to keep your crypto assets safe and secure.

1. Securing a Wallet is similar to securing your personal data on the computer. You have to be aware of links, advertisement, any type of attachment
etc. which appears when a browser is being suffered.

2. Always create backups of your cryptocurrency wallets. So, that it will let you restore your wallet if in case your laptop or cell phone gets stolen.

3. Opening an account to buy cryptocurrency? Set up a unique E-mail id that you’re going to use for that account and never share that id with anyone.

4. Encrypt your whole device in which you are going to use cryptocurrency wallet. Make sure you have the best anti-virus installed on your device and
keep it up to date including anti-malware and anti-ransomware.

5. Set up a really hard and long password where it is only able to recover from a piece of paper that you control.

To continue

Thank you very much mate for share this helpful information with us. I'm new here it is very knowledgeable for me.
ghermghuda
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July 12, 2018, 02:28:14 PM
 #54

I think the problem is safe to store the crypto is very difficult. In addition to personal protection measures like privacy. used for hardware is the best solution. but be careful and meticulous that is the main problem.
Yep. And also one needs to be vigilante of the kind of websites we visit, the olaces we tyoe our passwords, using the same password to perform so many different forms of activities and so much more. Security is always an individual's duty and so we need to be very careful.

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bachsoi2799
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July 31, 2018, 05:04:07 PM
 #55

E-wallets are actually much safer than regular wallets (with cash and cards) - can be stolen by anyone and damaged, but with a properly-priced electronic wallet It's not easy to steal money from your wallet.
wizardcrypto
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July 31, 2018, 06:00:34 PM
 #56

you need a ledger nano wallet. Never keep crypto asset in crypto exchanges.offline wallet is also good. Check out John McCaffee  new crypto wallet
Standard Kepler
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August 01, 2018, 03:11:31 AM
 #57

you should store in cold wallet, which is the hard ware wallet and paper wallet, although hardware wallet is expensive but less risky than paper wallet because there is no a backup and it is fragile as it is a paper only, more easier to be destroyed.
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