What is the safest way to hodl tokens?

[makishart]

Hi Everyone.

I need advice about hodl tokens. I bought some tokens from different ICO projects. And I received tokens in MyEtherWallet. Those tokens are based on Etherium(ERC20)

Here is a question. Where is the safest place, or the safest way to hodl those tokens? Since DNS server for Myetherwallet has been hacked, I don't feel it is safe anymore.

Any advice?

Thanks.

You can try to run MEW locally to make sure you will not get pissed by the scammer by hijacked DNS again soon. Try to never publish your important data.
The only best way for you to use the paper wallet or metamask and before you will able to open your fund and it will be adding more password to encrypt your money.

[faisaladitya]

Try using hardware wallet such as trezor or ledger wallet. It is safe in hacking because you hold the device that hold your wallets and tokens. Investing a small amount of penny on a hardware wallet is worth it , mark my words

Ive been using my ledger wallet in almost a year and I dont encounter any problems with it.

true, I think with you, a hardware purse like Trezor is safe to store tokens, because in trezor wallet we can hold a device that holds our own wallet and token.

[erikoy]

Keep your tokens in another digital wallet so that you could not access anytime for just keeping it and if ever you will sell your tokens then that would be the time that you will trade it or sell it. So create a multiple digital wallet one for the exchange of your tokens and one used for holding tokens. This should be done in order to avoid being phished by hackers out there. Or if you need to keep it safe you can have cold storage like paper wallet that support token or desktop wallet will do.

[Haunebu]

Try using hardware wallet such as trezor or ledger wallet. It is safe in hacking because you hold the device that hold your wallets and tokens. Investing a small amount of penny on a hardware wallet is worth it , mark my words

Ive been using my ledger wallet in almost a year and I dont encounter any problems with it.

I agree with you. This is easily the best and safest way to HODL your tokens and coins in this market which is ripe with cheaters and scammers. I have personally been attacked by hackers several times in the past and they have always failed since I know how to secure my coins. I usually use my Trezor hardware wallet to store valuable coins like Bitcoin, Ethereum etc and utilize desktop and paper wallets to store less popular coins like DeepOnion, IOST etc. This strategy is easily one of the best strategies to secure your money in this market and I advise everyone not to store your coins on an online exchange.

[goffbar]

You have to buy Hardware wallet. It will make your wallet secure beside that it's very cool to use it . Or you can use Paper wallet and can safe it into your real wallet.

[3kpk3]

Keep your tokens in another digital wallet so that you could not access anytime for just keeping it and if ever you will sell your tokens then that would be the time that you will trade it or sell it. So create a multiple digital wallet one for the exchange of your tokens and one used for holding tokens. This should be done in order to avoid being phished by hackers out there. Or if you need to keep it safe you can have cold storage like paper wallet that support token or desktop wallet will do.

Pretty good strategy which I agree with and am using myself at the moment. I tend to store my valuable coins in my hardware wallet(Trezor) and I store the rest in paper wallets. I note down the private keys related to these wallets and store them safely for higher security. I make backups in case anything goes wrong in the future in order to secure my hard earned money. Hardware and paper wallets are the best way to secure your funds op.

[alexzorgo]

Hi Everyone.

I need advice about hodl tokens. I bought some tokens from different ICO projects. And I received tokens in MyEtherWallet. Those tokens are based on Etherium(ERC20)

Here is a question. Where is the safest place, or the safest way to hodl those tokens? Since DNS server for Myetherwallet has been hacked, I don't feel it is safe anymore.

Any advice?

Thanks.

All ways to protect information about purses depend on how often they are planned to be used.
The best option is hardware wallets. This option is justified with a sufficient amount of funds in these wallets.
The second option for long-term investment. For example, one time to acquire crypto-currency assets and forget about them for a long time. Just hodl. To do this, you can create an encrypted disk file (using Truecrypt, Veracrypt, etc.), multiply this file and save it in different places for fault tolerance. The password can be reliably recorded and saved on paper, in different places.
The third option for periodic use: a virtual machine on the computer. For a virtual machine disk, backups are periodically created. It can also be encrypted, since it is a regular file. It can be stored in the cloud, having access from anywhere in the world.

[testadimerlo]

As everyone is saying, a hardwallet is the best solution. Instead if you are using MEW at least don't forget to use Metamask: you'll be safe enough.

[idioma1]

hard wallet is the best way to safe your money. But there are also other options like MetaMask or Myetherwallet.

[qazgroup]

Please clarify that google dns servers were compromised and not the myetherwallet, i hold my tokens in myetherwallet and i feel safe and i have not seen any kind of issue with this simple yet convenient wallet.

[Caesar-Giulius]

I suggest you to get a hardware wallet, it support ERC20 tokens as well. It is a safe and easy way to secure your coin.
On the other hand, you have to be careful when handling your coins and secure your computer using an antivirus too.

[NEERAJ ANAND]

Best way  is  to use ledger wallet and trezor wallet. Please take care that hardware wallet should be original or from genuine supplier.
I find that mew is not safe as there is no 2fa in mew & private key can be hacked so it is better to use treasure wallet. Some people lost their funds in mew so i never prefer to keep funds in mew.

[steveabrahams]

Hi Everyone.

I need advice about hodl tokens. I bought some tokens from different ICO projects. And I received tokens in MyEtherWallet. Those tokens are based on Etherium(ERC20)

Here is a question. Where is the safest place, or the safest way to hodl those tokens? Since DNS server for Myetherwallet has been hacked, I don't feel it is safe anymore.

Any advice?

Thanks.

It's only the DNS server that hacked, not the ethereum blockchain, so it's still safe to hold your tokens on my etherwallet. Me myself, still hold my tokens on myetherwallet and never had a single problem until now. If you want more safety maybe you can try a hardware wallet like trezor.

[judyrob]

myetherwallet is still a wallet that is safe to use. hacking happens only because of user error on its own site in phishing scams. for users of wallet could be careful with what they access. then their wallets remain secure.

[Arcoin1]

The crypto is the only thing to do for the hodl tokens in the money world. At this time, the market is depreciating. If you do not want to hurt, wait. The tokens seem to appreciate as they wait for this time.

[mitsarasss]

Try using hardware wallet such as trezor or ledger wallet. It is safe in hacking because you hold the device that hold your wallets and tokens. Investing a small amount of penny on a hardware wallet is worth it , mark my words

Ive been using my ledger wallet in almost a year and I dont encounter any problems with it.

I agree that the best solution is to use the wallets described above. You have to buy one of these cold wallets.

[Lazada]

Hi Everyone.

I need advice about hodl tokens. I bought some tokens from different ICO projects. And I received tokens in MyEtherWallet. Those tokens are based on Etherium(ERC20)

Here is a question. Where is the safest place, or the safest way to hodl those tokens? Since DNS server for Myetherwallet has been hacked, I don't feel it is safe anymore.

Any advice?

Thanks.

I think that myetherwallet remains the top choice for many people, Hacking issues are indeed a very dangerous thing. But when you can secure the best way to access your wallet then it will be much more important. Myetherwallet is the best wallet I've ever seen and I think we can maximize the use of myetherwallet as well as possible.

[JSRAW]

If you have substantial amount of portfolio then use ledger hardware wallet. always buy from official sites and try avoiding buy from third person. there have been cases in recent months that people got scam.
Don't put all your holding in single place. use multiple options to secure yourself. offline pc/mac , hardware/paper wallet etc its little slow and long process but believe me it will surely save your investment if something wrong happens someday.
And if you are using only MEW then double check every link you are clicking while surfing. its painful in starting but totally worth it, you will get used to it. limit your uses of torrent for downloading free stuff. Avoid downloading porn. licensed antivirus software is must.