❗❗ Friendly Reminder: SECURE. YOUR. ASSETS.

[loragean03]

[Friendly Reminder]

While waiting for the market bull run, first make sure that your bitcoin/cryptocurrency investments are actually secure. Always remember:

NOT YOUR KEYS, NOT YOUR COINS

If you're still using services like Coinbase to store majority of your coins, you could possibly lose your investments(not an exaggeration). Sure, we respect Coinbase for their service, but Coinbase is NOT hack-proof. NOTHING in general is 100% secure, especially for a centralized system. People in the past probably thought that MtGox was also actually "secure" enough, well guess what happened?

You're significantly decreasing the chances of your crypto getting stolen when using a well-made paper wallet or a hardware wallet.

Yes your right,  even sites has a very good security system, you cannot say that it is invulnerable from hacking. Hacking are happens every where at anytime,  so you better to secure your coins first into the very safest wallet in crypto. Because we all dont know when or where do hackers do that dirty job to steal our assets in an instant. Safety is better than sorry.

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[bananaohnana]

Thank you for the reminder. Now i will start looking for a secure wallet.

[HappyPlanet]

Yes, hardware wallets are more secure to cover your assets. They have many advantages than software wallets such as it never needs to be touched, open source soft, immune to computer viruses which steals from softs, cannot be transferred in plain text etc. Researching for best wallets I found Ledger nano s, keep keys, Trezor etc in the list.

[LavernB]

Thank you for the reminder. Now i will start looking for a secure wallet.

Don't look for it, just make paper wallets.

[Nolan786]

In this business where every transaction is irreversible and discrete. The safety of my coins sometimes really worried me, especially since I'm the kind of stubborn and it's not strange if sometimes I lose my coin by mistake. Even the safest wallet can not really be trusted. I think even having a hardware wallet can not make us really safe.

[bjmpoker001]

[Friendly Reminder]

While waiting for the market bull run, first make sure that your bitcoin/cryptocurrency investments are actually secure. Always remember:

NOT YOUR KEYS, NOT YOUR COINS

If you're still using services like Coinbase to store majority of your coins, you could possibly lose your investments(not an exaggeration). Sure, we respect Coinbase for their service, but Coinbase is NOT hack-proof. NOTHING in general is 100% secure, especially for a centralized system. People in the past probably thought that MtGox was also actually "secure" enough, well guess what happened?

You're significantly decreasing the chances of your crypto getting stolen when using a well-made paper wallet or a hardware wallet.

Some reputable hardware wallets:

• Ledger Nano S: https://www.ledgerwallet.com/
• Trezor: https://trezor.io/

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If you said trezor or ledger is the best wallet, then i strongly agree with you.
Because trezor and ledger is a hard wallet, you need to use it if you want the best security for your wallet.
Many phishing hacking occurred because they require to input their key before send coins.

[Charmaine52]

I think now a hardware wallet is a must, especially if the test phase has been overcome. The safety of my coins sometimes really worries me, especially since I'm the kind of hard guy. And it's not strange if sometimes I lose my coin by mistake. Even the safest wallet can not really be trusted. I think even having a hardware wallet can not make us really safe.

[Coinblaze]

$60m stolen from Japanese exchange on Sept 19. Definitely don't keep a lot of crypto on exchanges!

But an interesting point was made about hardware wallets: they can be stolen, seized by police, lost, hw failure, etc. If you are storing coins for a longer term and don't need to do transactions, just make a paper wallet or write down your passphrase and store someplace safe in a non-obvious way. Get an old book and circle letters or something

[mensahkkofie]

In this business where every transaction is irreversible and discrete. The safety of my coins sometimes really worried me, especially since I'm the kind of stubborn and it's not strange if sometimes I lose my coin by mistake. Even the safest wallet can not really be trusted. I think even having a hardware wallet can not make us really safe.

Security is always a serious concern in the world of crypto. I believe we need more of such education to increase the public education and create the necessary awareness for people to protect their hard earned digital currency. The hardware wallets have always been very expensive to purchase one.

[ardhigalau]

I agree with you, everything in cyberspace is very vulnerable to hacking. And using a hardware wallet to store our cryptocurrency is a very good action to prevent things you don't want.

[cryptosec.info]

hello guys, i a newbie, so you can give me some experiences

Hi. Head over to https://cryptosec.info/ and read our general guides. Here are some of the important ones:

• https://cryptosec.info/cryptocurrency-wallets/
• https://cryptosec.info/secure-your-exchange-accounts/

[Kakmakr]

This is very important now, because some hackers need money now for Xmas gifts and also to pay for their expensive holidays.  Yes, they are human just like us and they have families too, so they need more money now, over the festive season. 

If you do not have the money to buy a hardware wallet, then just dump 80%+ of your coins into paper wallets. They are free and very easy to create. <Just make sure that you are not connected to the internet, when you create them>

I created my paper wallets on a old cheap computer & printer that will never be linked to the internet again. 

[Baby Dragon]

This is true. Recent hackings are from exchanges. Storing coins in a hardware wallet or paper wallet would be the best bet. My advice is when using exchanges deposit in exhanges, do your transaction then withdraw as soon as you have finished.

We been experience some hacking in internet and most of the people who store their coins in exchange or online wallet are the people who really experience hacking. Your suggestion about storing coins in a hardware wallet is very effective and most of the people who holding huge amount of coins they use it because it is very secure.

[jpnl0005]

A very good advise assets are of more importance so we have to ensure its safe from hackers else once its gone its gone so the hard wallet is a very god idea to make use of

[eternalgloom]

Way ahead of you, just purchased 3 additional Nano Ledgers while they were 50% off during the black Friday sale.
My old one broke, so I definitely needed to buy some more.

Might give one to a friend, it's still in its original packaging.

[sikkan]

there are those who are careful by nature and those who are carefree. You might tell the later to be careful a million times but all in vain until they get into trouble.

[Ultimist]

Unfortunately, some people seriously think about the safety of their funds when they have already been stolen. But it is necessary to think about it first of all. Do not assume that you will not be affected. This can happen to anyone and so you should immediately determine how to protect your investment.

[Shiversnow]

This is true. Recent hackings are from exchanges. Storing coins in a hardware wallet or paper wallet would be the best bet. My advice is when using exchanges deposit in exhanges, do your transaction then withdraw as soon as you have finished.

Most of the people who hold or have huge amount of cryptocurrencies or simply called whales are always use hardware wallet like trezor or ledger which is most secure and safe kind of wallet. Its hard to stock any cryptocurrencies in a exchange and it is very dangerous because if someone hack your account you can lose your entire money and cryptocurrencies.

[Bunsomjelican]

[Friendly Reminder]

While waiting for the market bull run, first make sure that your bitcoin/cryptocurrency investments are actually secure. Always remember:

NOT YOUR KEYS, NOT YOUR COINS

If you're still using services like Coinbase to store majority of your coins, you could possibly lose your investments(not an exaggeration). Sure, we respect Coinbase for their service, but Coinbase is NOT hack-proof. NOTHING in general is 100% secure, especially for a centralized system. People in the past probably thought that MtGox was also actually "secure" enough, well guess what happened?

You're significantly decreasing the chances of your crypto getting stolen when using a well-made paper wallet or a hardware wallet.

Yes your right,  even sites has a very good security system, you cannot say that it is invulnerable from hacking. Hacking are happens every where at anytime,  so you better to secure your coins first into the very safest wallet in crypto. Because we all dont know when or where do hackers do that dirty job to steal our assets in an instant. Safety is better than sorry.

I am pretty much agreed that suing hardware wallet is the most safest wallet that we can use to make our coins be safe very well.
Only you need to buy em in online, or you can also use cold wallet if you don't have budget to buy nano ledger one of the hardware wallet in accordance to my idea about it.

[CH-Henry]

Your post is based on the claim that companies can be hacked, and arguably, will all eventually be hacked. This is a perfectly reasonable claim.

However, it doesn't include the important consideration that individuals can also be hacked, and arguably, will all eventually be hacked (or more simply, lose their own assets).

The important question to ask is not whether it's possible that a company will ever be hacked.

The important question to ask is: Is it more likely that assets are safer with this company, or with myself.