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Author Topic: Best way to store Bitcoin safely ?  (Read 2593 times)
Sempoak69
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June 12, 2018, 04:22:30 PM
 #281

Here are the steps you should take to keep your bitcoins safe.

1.Always make sure the address of the site you're visiting is correct and not a fake site
2.Use two-factor authentication across your Bitcoin wallet and email address
3.Use the password manager program
4.If you're using a Gmail account, perform a security check
ovcijisir
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June 12, 2018, 04:24:27 PM
 #282

If you only want to store your Bitcoin and not spend it use paper wallet. Have multiple copies of it and store it on multiple locations.

kulitmanggis
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June 12, 2018, 04:35:36 PM
 #283

the way it seems to be correct and with this information hopefully can provide knowledge and can be a solution for new traders who have bitcoin much in order to be more secure to store bitcoin owned.
Suprittandon
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June 12, 2018, 04:48:03 PM
 #284

Well in my knowledge , following are the best ways to store Bitcoin safely:-

1.A key step to protecting your cryptocurrency is to store anything of significant value in a hardware wallet.
2.Do not give ANYONE your private key.
3.Create a bootable USB flash drive.
jefrihunter
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June 12, 2018, 04:56:26 PM
 #285

i think Best way to store your bitcoins safely is the trezor hardware wallet. These are offline wallets and can only be accessed when you have attached the USB stick and along with it know your pass phrase and keys. This really is the safest way to store bitcoin so far in a way that they just can't be hacked into. Now on number two comes a simple private key wallet one like the electrum. You just need to store the private keys with you and tada your wallet just can't be hacked into and If you want to keep your bitcoin offline but don’t want to deal with a hardware wallet, you might want to consider a paper wallet instead. This is really just a piece of paper with your public and private keys printed on it, which can be used to access your bitcoin

budakjawa
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June 12, 2018, 05:38:02 PM
 #286

yes it is the best way to send the bitcoin you have in the offline wallet that you have but you should save in the best place do not forget to always update anti virus and your security have.

Ootsumasu
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June 12, 2018, 06:15:11 PM
 #287

I agree with you  Grin
glowing10
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June 12, 2018, 06:17:29 PM
 #288

They are different way to store bitcoin and is safe with an adequate guide towards it. Tharefore I like using Blockchain technology wallet address, that is Blockchain.info wallet address to secure my bitcoin for a long period.

If it is less amount then you can store it in online wallet choose some of the best online wallet for storage. If you are a trader then keep it in different multiple wallets as you may frequently require to buy/sell. If you are a long term investors than prefer to store it offline rather than saving on any exchange.
longwintershere
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June 12, 2018, 06:30:28 PM
 #289

They are different way to store bitcoin and is safe with an adequate guide towards it. Tharefore I like using Blockchain technology wallet address, that is Blockchain.info wallet address to secure my bitcoin for a long period.

blockchain info wallet has done the job for me either in past, but given that it belong to Roger Ver, I've grown reluctant to use that service in future, as I just don't like the guy and am wondering what else he will do

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priyanjana
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June 12, 2018, 06:34:19 PM
 #290

As my knowledge Hardware wallet is the safest and most reliable way to store the bitcoin and other cryptocurrencies. If the computer broke that may be an issue for recovering process.
akram143
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June 12, 2018, 06:36:27 PM
 #291

They are different way to store bitcoin and is safe with an adequate guide towards it. Tharefore I like using Blockchain technology wallet address, that is Blockchain.info wallet address to secure my bitcoin for a long period.
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I think the hardware wallets are very useful for that hi investors Barbican under Dell some cryptocurrencies because online wallets are not as safe as hardware wallet that's why I recommended it ,.

Viranz
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June 12, 2018, 06:37:17 PM
 #292

Never give privacy key to anyone and maybe better you use your 2FA Auntheticator wallet because it is very safe in securing your wallet.
arjen18
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June 13, 2018, 09:53:10 AM
 #293

I think the best way to store your bitcoin safely is to stored it on a hard wallet and keep you private key in a safe place you can also use 2fa auntheticator for you to secure your account.

sormin
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June 13, 2018, 02:00:29 PM
 #294

That's so easy! Save your wallet and lock your wallet in a safe place. If I may suggest, Do a backup for your wallet, you can save it on your flash or your hardware. It prevents lost or damaged computers someday. It's Easy Right?  Grin

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jovs
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June 13, 2018, 02:10:27 PM
 #295

I am a great fan of the hardware wallets when it comes to the safety point of view. There are multiple ways to store Bitcoins in offline wallets including paper wallet, hardware wallet etc. You can download the reputed paper wallet generator from GitHub and move it to any offline PC and generate paper wallets to store your funds offline. Alternatively, hardware wallet is another way which is more flexible to use.
Hardware wallet is the best way we could store our bitcoin or other type of cryptocurrency because it is much accessible and easier to used. But I suggest to have a multiple type of wallet that you could used in terms on investment, holding or trading that could probably help you on managing your coin.
giaoduc24h
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June 13, 2018, 02:13:20 PM
 #296

This world is not something absolutely safe. If relative, you can use blockchain.info to store your bitcoin. Good luck!
tech12345
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June 13, 2018, 02:45:39 PM
 #297

The use of hard wallets to store Bitcoins is always the safest. Because my number of Bitcoins is not much, I still use Blockchain, it's pretty good too. Grin
cris hazada
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June 13, 2018, 04:03:34 PM
 #298

There is a great way to save your Bitcoin but one thing you should emphasize is the safety of your coins, this should always be a priority all the time. Another popular method is to use a hardware purse but for that you have to buy one that will cost you but you can be safer than using a hot wallet but at the same time you can continue to use the funds in it as often as possible. What you need.
DimensionsOfHell
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June 13, 2018, 04:27:02 PM
 #299

while bitcoin is stored in a purse, and thus the key is only from the owner, the coins are safe. the only thing this platform can not fight with is the risks of the real world: the threat of theft, bullet in the head, fire and floods, as well as threats that emanate from the purse owners themselves. for long-term investors, there will be a lock on time in the wallet. this is one of the reliable ways to guarantee unavailability.
Halk
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June 13, 2018, 04:46:55 PM
 #300

One popular method is a paper wallet, for this you do not need a separate PC, you can always use Live Linux on DVD and your internet is disabled and you can use a tool like https://bitaddress.org/ source code or any other bitcoin wallet, which allows you to export your secret keys, then print it on paper, but do not forget to laminate the paper so it can last longer. The drawback of this method is that the expenditure of these funds takes a long time, so it is better to use it for long-term storage.
Another popular method is to use a hardware purse that is not as prone to hacking as web purses. They store your crypto offline, which makes it impossible for a stranger to access it.
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