HOW TO KEEP YOUR BITCOIN SAFE AND SECURE

[miningguru]

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.

Mostly keep them in the offline wallets, take almost all security measures to keep safe. You are right to check twice before clicking any link because most scammers out there are targeting to steal your money. Activate all security measure to protect your account.

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[South Park]

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.

While a hot wallet is a problem there is a big difference between an online wallet or a desktop wallet, a desktop wallet is a lot more secure for the simple reason that you are a smaller target, if you only have a few bitcoins it is very unlikely that a very resourceful hacker is going to try to attack you, but that is a different story to an online wallet which is a big enough target for very skilled hackers.

[rupesh2]

only way to keep bitcoin safe completely is print a paper wallet and store it in that wallet .
2nd best way is hardware wallets like trezor and ledger nano .

keeping btc in online wallet can be risky if you are under attack of hacking .

[Katabit]

The most reliable option is to store your private key, coded, on a paper sheet, without names and titles.
Use the operating system ubuntu, for sending your bitcoins to a cold wallet. Do not store all your savings on exchanges.

[anthinguy21]

For safety, it's best to buy hardware wallets such as Ledge Nano S or Trezor to store crypto that will be the safest. Because if you define hold for more than 6 months, it should be stored in hardware wallets instead of stored in online portfolios such as MEW will be very dangerous because the current MEW was attacked a lot by the hacker recently. And absolutely should not visit the fake websites and always check the site carefully to avoid encountering phishing website.

[megaqueen777]

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 how I protect my crypto-currencies.
Getting a cold wallet like Ledger nano and Trezor wallet will solve the issue but just in case you dont have them, you can store them in a paper wallet.
Secured your passwords and passphrase by putting them in offline and not connected to your pc.
Save all your files from your computer especially your wallet back-ups in a USB.
Use an anti-virus to protect you from phising sites and viruses that may harm your computer.
Protect your emaills and accounts in the Exchanges.
Do not put large sums or coins or your Bitcoins in an Exchange. If you're daily trading, just put the coins you use for daily trading. Then keep the coins for long-term investment in your offline wallet.

[yojodojo21]

Even thou you will use trezor, ledger, paper wallet, cold wallet as long as you don't keep your bitcoins rolling then it will not be doubled and be safe, this is my point, no matter how you put security on your bitcoin and not checking it daily then you cannot supervise it, the good thing with trezor and ledger is you hold the item which keeps your bitcoin, or other crypto but always be careful with your treasure, and with cold wallet and paper wallet as long as you are connecting into internet then you are less likely 75% safe, so my advice is don't just keep it just make it roll. Daily supervision daily loss and earnings.

[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 how I protect my crypto-currencies.
Getting a cold wallet like Ledger nano and Trezor wallet will solve the issue but just in case you dont have them, you can store them in a paper wallet.
Secured your passwords and passphrase by putting them in offline and not connected to your pc.
Save all your files from your computer especially your wallet back-ups in a USB.
Use an anti-virus to protect you from phising sites and viruses that may harm your computer.
Protect your emaills and accounts in the Exchanges.
Do not put large sums or coins or your Bitcoins in an Exchange. If you're daily trading, just put the coins you use for daily trading. Then keep the coins for long-term investment in your offline wallet.

While almost all the advice that you give is very solid I disagree with the part in which you recommend using an antivirus, using an antivirus is better than nothing but why rely on an operative system that is so insecure that it needs an antivirus in the first place, when you can use a better system like Linux that allows you to keep your information safer?

[CryptRoller]

All of the above and also, learn from others. This article is both horrifying as educational: https://medium.com/@CodyBrown/how-to-lose-8k-worth-of-bitcoin-in-15-minutes-with-verizon-and-coinbase-com-ba75fb8d0bac

[Claudyah]

Always make sure the address of the site you're visiting is correct and not a fake site, Use two-factor authentication across your Bitcoin wallet and email address, Use the password manager program, If you're using a Gmail account, perform a security check.

[Mi5h0]

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.

Plagiarism is illegal and copy/paste posts are in a violation of the rules of this forum.

Original source: https://www.wired.com/story/how-to-keep-bitcoin-safe-and-secure/

[Radnie]

i'ved been to bitcoin investment for about a year now and all my bitcoin are stored in coins.ph digital wallet and so far i feel safe and contented on the digital wallet that i have.

[Danstan]

Be alert on all the times, keep your wallet's private with you and don't let others know about it.
If you join airdrops then separate the wallet you use for them, use another wallet for receiving and paying others using your Bitcoin and Altcoin.

[Edsel_Miller]

All your Bitcoin will be saved in the bitcoin wallets. To keep your bitcoin safe and secure, you must protect your bitcoin wallets. So how to protect your bitcoin wallets?
How secure this wallet is depends on how secure the computer is, whether or not it gets taken out and about, and whether it contains malware. Ideally, it should be on a computer that isn’t left connected to the internet at all times. An older computer that can be dedicated to this task is a good solution, although only if the OS is up to date and secure. As the wallet contains all the data of the full blockchain, including your cryptocurrency holdings, it also requires a serious amount of storage. 

[Briannass]

In my opinion, a key step to protecting your crypto 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. 

[Chris Hauer]

I think , you should protect your bitcoin wallet. There are some tips to you:
1. Be careful with online services.
2. Small amounts for everyday uses.
3. Backup your wallet.
4. Encrypt your wallet.
5. Offline wallet for savings.
6. Keep your software up to date.
7. Multi-signature to protect against theft.
8. Think about your testament.
Enjoy!!!

[ksarun]

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 advise you to store all the crypto-currencies on cold wallets! And also passwords from them are simply written down on a sheet of paper, in electronic form do not store on the computer, as your computer can crack and get all the passwords. Also check the site on which you enter the password, and do not go on suspicious links.

[LeaderAMB]

Some my tip which i'm using to protect my Bitcoin:
- Use hardware wallets as Ledge Nano S or Trezor to store my Bitcoin or altcoins which i purpose long term investment. For exchange sites account, i always activate two-factor authentication (2FA) in the security settings.
- Use Strong Passwords: My passwords should be at least 16 characters long with a combination of numbers, letters, capitals and symbols.
- Store my recovery seed offline at a safe place.

[South Park]

I think , you should protect your bitcoin wallet. There are some tips to you:
1. Be careful with online services.
2. Small amounts for everyday uses.
3. Backup your wallet.
4. Encrypt your wallet.
5. Offline wallet for savings.
6. Keep your software up to date.
7. Multi-signature to protect against theft.
8. Think about your testament.
Enjoy!!!

Your last point is probably the one that no one thinks about, because you can protect your coins from external threats but what will happen if something happened to you? And I'm not referring to just your death, what will happen if you get very sick and you lose your memory or you are unable to communicate how to access your cryptocurrencies? People need to think about it before it's too late.

[AssemblY]

All we effect is create our notecase secured. As enlarged as your wallet is sheltered so your BTC is safe.