HOW TO KEEP YOUR BITCOIN SAFE AND SECURE

[Kadentran]

Dear all,
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.
So what would you do?

Please share your opinions!
Thanks.

[Abigail.Parsons]

Andreas antonopolos has a great video explaining industry level standards of storing crypto. Very interesting. You would be surprised to know mobile devices (android,ios) with encryption turned on are some of the safest devices to store them on. Never a windows laptop though!

[A.SanchezNo7]

Dear all,
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.
So what would you do?

Please share your opinions!
Thanks.

It's so hard to answer your issue because we do everything in the internet environment, we don't know who are exchanging with us? all things are digital strings. So should we stop exchange like that? No, we can't stay out of the digitalization trend. So we return your issue - what would we do?
As my exprience, I only trade with who has been believed, only trade on large and reputable cryptocurrency exchanges like Binance, Remitano, KuCoin, Cryptopia, Bittrex, Poloniex, Chimcugay.com, Coinbase ... Recommend you visit one of those cryptocurrency exchanges when trade with large value.

You should refer more share from other members

[lasencja]

I am keep my coins in blockchain and dont open suspicious link.

[kryptoqueen777]

All we can do is make our wallets secured. As long as your wallet is safe then your BTC is safe. Get a hardware wallet like Ledger nano or Trezor so that you are not susceptible to hacks. Avoid also phising links and sites & keep your emails safe too and do not click links that you dont know where it comes from. Put only your private keys/password or files in USB and delete it in your computer. In this way, your wallets are 100% safe. Do not trade or put your BTC in an Exchange and do not trade in small Exchanges. These are only some safety tips to make our crypto-currency assets secured.

[cryptolord2077]

Dear all,
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.
So what would you do?

Please share your opinions!
Thanks.

I used cold wallet, it is the best way to secure and keep safe your coins.

[chris200x9]

I am keep my coins in blockchain and dont open suspicious link.

When you store your coins in any online wallet then you should also protect your PC with a good anti-virus software from which PC you use usually access your account. I too usually keep some coins in these online wallets like blockchain and XAPO wallets.

I'm using the desktop and paper wallets for storing my coins for long-term. But remember to keep all your private keys and seeds safely to access your accounts later.

[Black Coffee]

some friends from my community always suggest to keep assets in official wallets or hardware wallets and they say do not click any links that we do not know the source.

[MelanBago]

Dear all,
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.
So what would you do?

Please share your opinions!
Thanks.

Keeping our crypto currencies in our wallet is much better than storing them in Exchanges. It is safe to store in our own wallet our Bitcoins and altcoins but its our responsibilty to keep our wallet safe and secured. Since the wallets in the exchanges do not have the private keys, the Exchange is the owner of the coins which is stored in the Exchange. Whatever happen, we cannot get it cuz we dont have access to the private keys. So I myself, I avoid putting any coins in any Exchange. I put them in my hardware wallet. But just in case you dont have a hardware wallet, better store them in your computer and keep all your data and file, including your private keys and seeds in a notebook or paper wallet. Avoid phising sites and secure your computer as you can.

[wandino]

You can use a ledger wallet and store cryptos there which makes it offline and relatively safe from hacks

[Jamboo30]

Dear all,
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.
So what would you do?

Please share your opinions!
Thanks.

Depend on your aim when holding BTC. If you hold BTC for trading, you can hold it in the exchange which you  trading, some of the big exchange such as Bittrex, Binance, Houbi, Okex.. is highly recommend for you. If you hold BTC and wait for high price and sell, the best way is hold BTC in blockchain wallet.

[kram31]

Make sure your private keys and password are safe.
Dont download anything with malware on your computer which connected on your wallet.
If possible just have a laptop with your cryptocurrency transactions only and set aside other things.
Make sure you are sending with the right address always.

Never public any of your information related with bitcoin wallet.

[seven2smoke1]

You can use a ledger wallet and store cryptos there which makes it offline and relatively safe from hacks

I agree with you, Hardware wallets are more secure than online wallets, Like you said using a ledger wallet and store our Bitcoin on it, it will be a very good choice because your Bitcoin will be safe. I think hardware wallet should used when you have a massive number of btc whether we can use an online wallet like blockchain.info.

[success007]

A key step to protecting your cryptocurrency is to store anything of significant value in a hardware wallet—a physical device, like a USB drive, that stores your private keys and currency locally, and isn’t connected to the internet. Experts caution against storing large amounts of coins through cryptocurrency exchanges, or in digital wallet apps on your smartphone or computer.

[PX-Z]

This is one of the most problem of all crypto holders, how to protect of their holdings specially bitcoin from those scammers, but here's a link that can help you with your problem with your bitcoins, https://medium.com/@gerard_blueteam/how-to-keep-yourself-protected-from-crypto-scams-e44aa0576940 that link contains of some tips on how you can keep your self protected form crypto scams, hope it will help you to keep your bitcoins safe and secure.

[Naman1111]

The most sought after question in the crypto ecosystem. How to safely store ur BTCs. I have an answer and it BUY LEDGER NANO S.

Also following advice:
Never share ur private keys ; Dont download anything with malware on your computer which connected on your wallet; Use correct address while sending transactions; HAve a strong anti virus in ur laptop.

Do whatever buy dont get hacked.

[djsugar]

Dear all,
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.
So what would you do?

Please share your opinions!
Thanks.

Common sense cannot be taught to everyone and it is something you are born with. If you keep clicking on third party links where they ask you for your private keys or download a malicious software which injects virus into your system and reads your private keys then I am afraid that there is nothing that can be done to make your Bitcoin Wallet secure.

Every human is susceptible to poor judgement and errors, but one has to be really careful while accessing the PC with the private keys. So, common sense is what can save you from the scams!

[btcblockchain]

Ledger Nano wallet wallet is important wallet to store bitcoins

[South Park]

Dear all,
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.
So what would you do?

Please share your opinions!
Thanks.

This is a difficult question because there are so many ways in which you can lose your money to scammers or hackers, when it comes to scammers the best thing to do is to not trust anyone always use an escrow if needed and if something seems to be too good to be true then most likely this, when it comes to hackers things get a lot more complicated but try to use a safe operative system and avoid downloading anything suspicious.

[antonio88s]

Everytime you keep your coins in hot wallet it means online wallet such as web wallet or desktop wallet which your pc connected to the internet you have change to be victim of some issue. But you could protect your pc and connection with some firewall or anti malware so it will secure. If you want more secure you could use cold wallet such as Ledger Nano or Trezor so your coin will keep offline and less change to lost your coins.