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Author Topic: How to protect your altcoin  (Read 5530 times)
restumaulana
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April 27, 2018, 03:40:46 PM
 #281

it is a question of all altcoin holders who keep it in their wallets, moreover there are still many cases of fraud and data theft causing the loss, I personally only limited to maintain internet connection and alert with the domain and address used

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pamelallaneta
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April 27, 2018, 03:42:23 PM
 #282

And Clear all the history on your computer every week or so. This will higher your chances that you aren't getting phished or key logged. I would also invest in anti-virus as well as hardware wallets that disconnect your private keys from your computer. Having all these things should be ample for security.
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April 27, 2018, 04:00:10 PM
 #283

With the recent hack in myetherwallet,it is important to take security very seriously,what I do is to secure my tokens in a wallet that doesn't even have a website to hack,like eidoo and imtoken.

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April 27, 2018, 05:23:38 PM
 #284

I would say using hardware wallets like Ledger Nano, TREZOR or KeepKey. The private key never really leaves the device when conducting transactions and checking balances, so you are safe there. There is also protection if you get your device stolen, because (I think that is the case with Ledger) when a thief enters a wrong PIN several times, the whole contents of the device self destruct and you can get your assets back with redeeming them with 24 words backup phrase. But you have to keep that list of words somewhere safe. For maximum security I would suggest a hardware wallet within a guarded bank safe to which you only have access. I would also suggest spreading assets across many wallets if you can afford that. Other than hardware wallets, paper wallets (cold storage) can be a sufficient alternative. But do mind that if you get those stolen, everyone can retrieve your assets, because your private key is not protected. They are useful for smaller amounts of tokens/coins.

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ginika
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April 29, 2018, 06:39:29 AM
 #285

how to protect altcoin to stay safe is:
1. Keep the private key wallet well
Private key is a secret key, and only you know. If other people know your Private key, then most likely the person will be able to take altcoin you have.
2. required to enable feature (2FA)
 enable the 2FA feature is quite important. Two of these authentication factors work to provide identification of the true access to your Bitcoin wallet account. It also gives notification to the real owner. Notifications that appear when the bitcoin wallet can be accessed via sms, or also others.
3. Use a stronger password for your altcoin wallet
A strong password is a password that has approximately 12 digits and above. Besides it can also use a combination of uppercase and small, numbers, as well as certain symbols. That way, then you have established a sturdy fence as your protective security.
4. does not store large amounts of altcoin in the altcoin exchanger site
5. Back up altcoin wallets with hardware
annicketucufaw
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April 29, 2018, 06:44:06 AM
 #286

The best way to protect your altcoin is to buy a hardware wallet. I've read that you need to press some buttons before you can send or receive in other wallets. Hackers will have no way to press that button if they are going to hack your wallet. Better buy a hardware wallet. If I am right, it is a nano ledger.

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d4n13
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April 29, 2018, 06:51:30 AM
 #287

Seriously, i still dont understand that people who is not using a hardware wallet or an offline wallet, it is like if they have a sign on their faces saying "came on! come here to hack my wallet!" Seriously, it is more than unsafe.

Narinderkaurklk
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April 29, 2018, 06:54:22 AM
 #288

Best way to protect your coins from hackers is hardware wallet and TRAZOR hardware wallet is the best hardware wallet as per my suggestion.
Stimah23
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April 29, 2018, 06:58:23 AM
 #289

I once had from a friend that its only TREZOR that can be best use to protect your coin from Hackers.
Hacker have done varieties of damages to Coins holder in the past till now, so someone should be very careful with the site we visited.
TmottaDing
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April 29, 2018, 07:03:36 AM
 #290

Almost everything is on my hardware wallet at this moment, i spent over $180 but i bought a Trezor wallet. It is more than convenient while you need to store your cryptos.

Also, it is pretty easy to use and manage, i really like it.

viphong
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April 29, 2018, 07:06:16 AM
 #291

Buy anti-virus software, do not click on any suspected site. Do not hold a coin for too long
asdn192zhhhh
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May 12, 2018, 07:41:02 AM
 #292

Keep them in a cold wallet. The main thing is not using cloud services to store passwords, they are often hacked. Also it is necessary to not  store your coins on stock exchanges.
Oh, this is a good choice
nytstalker
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May 12, 2018, 07:48:18 AM
 #293

What is the best methods to protect altcoin from hacker?

The best method to protect your altcoin is to install TREZOR or Metamask and don't trust in goolge because the other site is the phising site. Secure your private key always don't trust anybody.
jamesndungu1
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May 12, 2018, 07:54:37 AM
 #294

What is the best methods to protect altcoin from hacker?

The best way to protect your keys from hackers is to store your private keys offline, you can invest in a hardware wallet or store them on a USB thats not regularly used.
dupee419
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May 12, 2018, 08:00:11 AM
 #295

Same as the method you'll do in bitcoin, same with the altcoins, just simply protect your keys, your passwords, and then be sure to keep the email you desired to put on your account be as private as possible, store your keys ans passwords to the safest.place you know, and lastly be sure to put a backup to your accounts if it ever gets hacked you can just simply change your password if you feel like someone has breached in.
Adonis11
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May 12, 2018, 09:13:43 AM
 #296

For me, the most simple way is don't store your private keys in your email or computer. The most safe ways is using a hardware wallet if you have one, which is the most secured, add some metamask extension. The reason is hardwallet has some extra layer of protection that can easily block those hackers from getting your keys, you will need to manually input your keys using the phrase or cryptographic passwords from your seed.
montreal
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May 12, 2018, 07:19:01 PM
 #297

Use proven electronic wallets. Never say your passwords and so on. Also make your email more secure. I think that the most important thing is never to lose our vigilance.

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Grifosha
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May 12, 2018, 07:24:55 PM
 #298

What is the best methods to protect altcoin from hacker?

The best method is using cold wallet and control safety you computers, use antivirus and don't connected with unreliable network.
CyNotes
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May 12, 2018, 07:33:47 PM
 #299

What is the best methods to protect altcoin from hacker?

We are not a perfect person, a careless person leads to a something risk. In crypto world, you always hold your coins but how would you assure that it is safe? Or encrypted? In creating your own wallet you need to keep your private key  save. All the time you need to open your wallet, private key is always needed. Provided by your private keys, you can view or monitor what coins you are holding. If you lost your private key, you cannot recover it. So please keep and save you private keys to be secured.

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ptolimeus
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May 15, 2018, 04:49:56 PM
 #300

What is the best methods to protect altcoin from hacker?

I can say that your safety in your hands. Store in a safe place your private key. Make good passwords and don't store them on your PC. Don't click any strange link that has been sent to you through email or dm.

You just need to pay more attention to the security of your computer. Hackers use various vulnerabilities in order to implement hacking, so you need to quickly fix known vulnerabilities.  Wink
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