Tides_Network (OP)
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Activity: 61
Merit: 1
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July 25, 2018, 03:51:30 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Sbdip
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Activity: 49
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July 25, 2018, 03:54:30 AM |
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Off course. Most of my coins are in my hardware wallet.. I only keep a little portion in exchanges.. So i can say I'm physically secured
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jossiel
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July 25, 2018, 03:56:14 AM |
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I have considered these factors before. If you are using the device that contains your wallet / storage, don't ever put your private keys/seeds there.
My remedy on this one is back up and 2FA (if needed) but back up for me is enough.
And also be responsible wherever you go, it's your money that you are securing if you go in public places not others.
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gayletot
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Activity: 323
Merit: 10
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July 25, 2018, 04:00:57 AM |
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I think my coin is secured in my wallet, nobody knows my privitekey so it's safe to say, but I'm keeping it because many of my friends are hacked.
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sasdaryl1995
Newbie
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Activity: 12
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July 25, 2018, 04:01:27 AM |
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I don't have coins yet but I'm planning to keep half to a hard wallet and half of it in exchanges for safe keeping. In case market value goes up or down.
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vit05
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July 25, 2018, 04:02:57 AM |
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Bitcoin does not exist. You can not save it anywhere, it's in blockchain. That is distributed and decentralized. Having a hardware wallet does not mean that you have it there. It means your blockchain access key is there. But no computer that I use for routine activities has any access to my wallet or the exchanges. I make everything from a computer unique to these activities. And my seeds are very well kept in different places from where I live.
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bp.comp69
Member
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Activity: 180
Merit: 10
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July 25, 2018, 04:10:19 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
of course, everybody wants to be safe as well as with me, I wipe my coin safely in my wallet.
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JoshyKulotski
Newbie
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Activity: 127
Merit: 0
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July 25, 2018, 05:04:16 AM |
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Of course, we do not want to loss so much of money because of our own work and mistake. Keeping coins and tokens into a safe place is the greatest way to prevent loss that we don't want to happen.
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Remainder
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July 25, 2018, 05:17:27 AM |
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We keep our coins in our own ways that we know it that it is in a very secured place and we are also responsible for it if whatever possible to happen, just don't put all your egg in one basket because anything is possible to happen in digital world.
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richan
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Activity: 392
Merit: 11
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July 25, 2018, 05:33:43 AM |
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I don't keep my coins physically on any hardware wallet but I have put in place measures that enables me to protect my online wallet safely. The Use of google 2FA and keeping a back up of it is what I use to secure my coins.
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Kakmakr
Legendary
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Activity: 3444
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
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July 25, 2018, 05:47:02 AM |
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Yea, even if you keep your seed separate to your hardware wallet and your hardware wallet gets stolen, then you are at risk to lose those coins. I saw some reports of people who extracted coins from a hardware wallet, by intercepting data traveling from the device to the computer. <They used specialized equipment for this> So you should rather carry your hardware wallet on you, if you want to go for a piss.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Ctn
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July 25, 2018, 05:55:05 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Shits man! I will never keep my laptop open at Starbucks or any public place while im not attending it. Lolz Thats like handing over the banks with keys to other people or who knows a hacker whose watching me since the first date. One thing is sure, I never go in my public place with my laptop and no personal internet connection. I will never ever connect to the public wifi no matter what is the download limit. Lolz. Public IP's are shit and always filled with phishing stuff so better watch out your action over there.
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Kang Bahar
Full Member
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Activity: 504
Merit: 115
Silent Reader~
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July 25, 2018, 05:59:50 AM |
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Are we keeping our devices secure?
I can make sure we keep coins on a secure device in other ways. Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
I don't think it's a serious problem. Because I will entrust my laptop to the operator (cashier) without having to tell them that I keep the digital coins in there. I'm sure the operator will be responsible for protecting my laptop.
Now, I don't keep the coins in devices such as the laptop or android. Because I already have a hardware wallet; Trezor. I'm very sure I have already to keep my coins safely.
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Tides_Network (OP)
Jr. Member
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Activity: 61
Merit: 1
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July 25, 2018, 06:44:23 AM |
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Are we keeping our devices secure?
I can make sure we keep coins on a secure device in other ways. Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
I don't think it's a serious problem. Because I will entrust my laptop to the operator (cashier) without having to tell them that I keep the digital coins in there. I'm sure the operator will be responsible for protecting my laptop.
Now, I don't keep the coins in devices such as the laptop or android. Because I already have a hardware wallet; Trezor. I'm very sure I have already to keep my coins safely. Yes hardware wallets are certainly a boon these days, took them long enough to manifest but many of us aren't using them.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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randyboy
Member
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Activity: 378
Merit: 10
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July 25, 2018, 06:46:51 AM |
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My wallet are physically secured because I didn't give it to many and I'm the only one will know it and also I really investigate my participation on any project to secure more my wallet address that will not use for any legal transactions.
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asevila
Newbie
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Activity: 19
Merit: 0
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July 25, 2018, 07:14:34 AM |
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The best and the most secure option to store your cryptocurrencies is to store it on the hardware wallet. In turn, hardware wallet you should store at home, in a safe place. I prefer Trezor wallet.
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funchiestz
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July 25, 2018, 07:16:29 AM |
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Now everyone is on the security issue. As the bitcoin value increases, the thieves will pay more attention. We all need to be careful and cautious.
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hahay
Legendary
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Activity: 3458
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
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July 25, 2018, 07:17:05 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Of course, but not too much with always bringing a laptop wherever we go. I just apply passwords on all the devices I use to store my coin. By using a password, for example on a laptop, I think it's enough for me to protect them.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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julielyn
Newbie
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Activity: 186
Merit: 0
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July 25, 2018, 07:25:59 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Of course no one knows my password to secure all of my tokens to my wallet. I did not trust my account anymore and maybe when I was awake one day I lost my tokens to my wallet.
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Letwinetz
Jr. Member
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Activity: 42
Merit: 1
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July 25, 2018, 08:02:29 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
What for one might seem reasonable for another it might seem complete madness. Its just a matter of perspective, some people will think you are crazy for doing so much work to secure some coins and others will still think you can do more. I think watching out to what wi-fi you connect when you go to a public space or having a good antivirus, etc its just the smart thing to do.
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Ava Duvall
Jr. Member
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Activity: 154
Merit: 1
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July 25, 2018, 08:27:31 AM |
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i use a paper wallet offline, that way i know my coins are secure offline no viruses or scams can affect them or get to them
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engrlodi
Member
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Activity: 308
Merit: 18
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July 25, 2018, 08:30:56 AM |
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Of course, I keep my coins in secure. I already download metamask for my coins and I store it there. I think this wallet is the most secured than other wallet. I think it keeps the scammer and hackers in this wallet. There are so many wallet that you can see, and I think this is secured too.
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jonas5222000
Member
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Activity: 476
Merit: 10
Student Coin
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July 25, 2018, 08:31:54 AM |
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Yes in physically i`ve hide it but when i put it in social i should put some authenticaton just like google authentication or sms aunthentication,this thing is to sure that your identity is very secured.
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thangthoa
Newbie
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Activity: 196
Merit: 0
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July 25, 2018, 08:32:34 AM |
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Keep the bitcoin in the moment and wait for the price to rise for sale. Security is very important because it is the decisive factor
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Lucius
Legendary
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Activity: 3234
Merit: 5676
Blackjack.fun🎲
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July 25, 2018, 09:05:10 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I think comparison of fiat and cryptocurrency security is not exactly comparable, security of our crypto coins in my opinion is much more complicated. A good part of the crypto users does not devote enough attention to that until the moment something bad happens. In case someone steals your wallet with fiat, there is a hope that you will still find it, maybe with the help of the police or in some other way. When your crypto coins are losted/stolen, opportunity to return is actually minimal. People need to know that fiat in the bank and crypto coins in your wallet (personal bank) is not the same, in the case of possession cryptocurrency responsibility is only for you to protect it. It's crucial to be in the full possession of your private keys and keep them in maximum safe environment, nothing more and nothing less than that.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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cipherb
Newbie
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Activity: 14
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July 25, 2018, 09:21:30 AM |
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Yes my most of coin in hardware wallet because on exchange our coins is not secure.keep only that coins which u wanna trade on exchange because of many hackers can steal our bitcoins so security will be our first priority and we can access our coins from private keys so if we are holding bitcoins in bulk quantity on exchanges then we can face hacking problems.
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Cidolfusorlandeau
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Activity: 30
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July 25, 2018, 09:37:00 AM |
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Even it not the best secured wallet in the world,but it still more Security than other wallet.For now,i didn't see any hackers could go though the firewall of bitcoin.
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sanjeevbaweja
Newbie
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Activity: 29
Merit: 0
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July 25, 2018, 09:42:54 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
We know about physical wallet but almost dont use physical wallet for cryptocurrency, almost put coins in online wallet or exchange wallet
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OVA|official|
Newbie
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Activity: 34
Merit: 0
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July 25, 2018, 09:46:34 AM |
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I think it keeps reason if you have a large amount of BTC. In any case, you can keep crypto online.
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Johnyz
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July 25, 2018, 09:50:59 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
We know about physical wallet but almost dont use physical wallet for cryptocurrency, almost put coins in online wallet or exchange wallet I'm just storing my coins through our local wallet which I trust so much and I hope that my coins are secured their. I would love to have a physical wallet but I think its quiet hassle for me. Its too risky if someone stole that wallet so for me the wallet I'm using right now is more secure for now.
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sitnibtc
Newbie
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Activity: 84
Merit: 0
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July 25, 2018, 10:18:31 AM |
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Yeah. And i think hardware wallets are the safesoption. but there is still a risk of losing the coins if the walllet gets stolen.
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irfandi hasan
Newbie
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Activity: 74
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July 25, 2018, 10:42:26 AM |
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Off course. Most of my coins are in my hardware wallet.. I only keep a little portion in exchanges.. So i can say I'm physically secured
just like you. My coin purse are also on my hardware. I also keep a small part in the Exchange. physically my coins is very safe
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basty03
Member
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Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
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July 25, 2018, 11:42:14 PM |
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I have considered these factors before. If you are using the device that contains your wallet / storage, don't ever put your private keys/seeds there.
My remedy on this one is back up and 2FA (if needed) but back up for me is enough.
And also be responsible wherever you go, it's your money that you are securing if you go in public places not others.
I agree. To be secured your funds we must be responsible at all times because it's our fault if there's go wrong to our funds. And I agree that if we have a bitcoin wallet or any crypto wallet device we need to be sure that it's secured like putting 2fa.
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rodskee
Full Member
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Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
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July 25, 2018, 11:44:49 PM |
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Yeah your correct people keeping their own device is riky, in my experience i lost my coins keeping in my device because i really trust it's is secured,but i'm sad to say isn't because i can't expect the system lost of my computer and all my privatekeys are in my computer sad to can't get my coins into my wallet.
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gidaahmad
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July 25, 2018, 11:48:08 PM |
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I always keep my coin in my wallet and have never tried wallet hardware, which is said to be safer than the regular wallet. And I am grateful to be safe from any risk of coin theft.
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charlzyeby
Jr. Member
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Activity: 182
Merit: 4
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July 25, 2018, 11:50:38 PM |
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Most people in crypto sometimes underestimate the threats in their immediate environment. We consider online hacks as the most threatening while we forget to realize how difficult it may be to leave your laptop or other devices open to everyone.
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fipper
Member
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Activity: 383
Merit: 10
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July 26, 2018, 06:12:54 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
you are right and of course it all depends on our own security that keeps and makes it safe because the weakness and risk of crypto currency is very big
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jose111
Jr. Member
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Activity: 175
Merit: 1
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July 26, 2018, 06:27:45 AM |
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I have considered these factors before. If you are using the device that contains your wallet / storage, don't ever put your private keys/seeds there.
My remedy on this one is back up and 2FA (if needed) but back up for me is enough.
And also be responsible wherever you go, it's your money that you are securing if you go in public places not others.
That's right. We are the one who responsible for that. So if that is very important to us therefore we make sure that it is much secured so be careful in placing it any storage. It is much better that we do have a back up so we have our security and assurance. Do not ever leave our important things especially in public places to making sure that our things are definitely safe for some other foolish people that may taking advantage the situations. The safeness and securities of our private belongings is in our hands.
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Chattym
Newbie
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July 26, 2018, 08:14:22 AM |
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Big companies, serious businesses, I mean, have developed a number of rules or policies to safeguard the confidential information. For example, always keep your computer password protected with automatic rules applied by the company computer system as soon as you log in; passwords must meet the minimum requirements; never leave your laptop unattended either in the office, or in your car, let alone in public places. So after working more than ten years in such environment you also become 'paranoid' because it has grown on you and you don't find it annoying, anyway. I keep my coins in cold storage with keys kept in various secure places in locations different from the cold wallet's location.
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ChocolateMuscles
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July 26, 2018, 08:45:29 AM |
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After what I've read and what happened to a friend of mine, I decided to and I spent some money for a cold storage. Call it a paranoia, if you like, but when it comes to money (whether physical or virtual) I prefer to keep it safe. I don't have time to start all over again making money from scratch. Just can't afford it. Cold wallet. Period.
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jossiel
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July 26, 2018, 10:07:43 PM |
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I have considered these factors before. If you are using the device that contains your wallet / storage, don't ever put your private keys/seeds there.
My remedy on this one is back up and 2FA (if needed) but back up for me is enough.
And also be responsible wherever you go, it's your money that you are securing if you go in public places not others.
I agree. To be secured your funds we must be responsible at all times because it's our fault if there's go wrong to our funds. And I agree that if we have a bitcoin wallet or any crypto wallet device we need to be sure that it's secured like putting 2fa. His example is he wanted to go to the CR while inside Starbucks, so that's obvious that he shouldn't leave his things unattended. Don't feel so comfortable your funds while your outside your house or else you'll be ending drought if you have been depending on the establishment's security.
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nydiacaskey01
Legendary
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Activity: 1834
Merit: 1036
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July 26, 2018, 10:32:40 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I bought a Ledger wallet from a local re-seller in our country last year, but after reading a news about a Ledger wallet hacked by a 15 year old program developer, I had second thoughts on storing my coins in a Ledger wallet or just keep it in my hardware wallet (core). So I ended up in keeping my coins in a hardware wallet (core).
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Balayashi
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July 26, 2018, 10:39:35 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I don't keep my coins in cold storage but i keep secure all my private keys and all the wallets on my normal day use laptop are secure with password, plus the ones staking are in my other computer at home secure and away. Don't have any private key on sight and backed everything up. Not 100% secure but 90% i would say.
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Tides_Network (OP)
Jr. Member
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Activity: 61
Merit: 1
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July 26, 2018, 11:31:04 PM |
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After what I've read and what happened to a friend of mine, I decided to and I spent some money for a cold storage. Call it a paranoia, if you like, but when it comes to money (whether physical or virtual) I prefer to keep it safe. I don't have time to start all over again making money from scratch. Just can't afford it. Cold wallet. Period. Yes ever since 2011 and earlier people were discussing internet free, cold storage.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Anyobsss
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Merit: 135
DeFixy.com - The future of Decentralization
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July 26, 2018, 11:41:02 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Who in their right mind will leave their laptop on the table at Starbucks? I believe that since when we're kids we are taught to not leave our things unattended. Also, it is not safe to just save your private keys on your device. What if your device got stolen or worse your laptop have a problem like problem in Operating system and you need to reformat it, your private key will also be deleted so it's better if you write your private keys on a paper or save it at flash-drives or any storage devices.
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Keeping Up
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Merit: 22
Staker.network - POS Smart Contract ETH Token
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July 26, 2018, 11:44:44 PM |
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I have saved my keys in a lot of ways in order to protect it as much as i can. Aside from storing it digitally i have also made copies of it tgru paper wallet in order to protect my self from files being corrupted. Let us always remember that our assests is only as safe as it could be depending on the protection we are giving to it. There is no one to blame in case of lost or theft but only our self.
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eaLiTy
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July 26, 2018, 11:48:37 PM Last edit: July 26, 2018, 11:59:43 PM by eaLiTy |
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Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
If you invested money in this market you need to take care of that, i do have a back up of all my private keys in a couple of hardware devices and it is always secured in a safe locker and i do not use my laptop in public places nor do i keep any huge amount of money in wallets while traveling let alone use it in public places, never use public wifi while accessing your wallets as there are cases people lost their funds, so always be smart and use it securely.
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dimastegar
Sr. Member
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Activity: 798
Merit: 251
Small Trader
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July 26, 2018, 11:58:47 PM Last edit: August 01, 2018, 12:06:08 AM by dimastegar |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Keeping something of ours is an obligation. I always take care of every device because it contains every data that is very important for my life. And at least don't leave our devices in public places, because public places are prone to theft.
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cryptolord5
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July 27, 2018, 12:15:07 AM |
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well to me keeping my coins on exchange is like wasting it, because that exchange might be hacked anytime any moment so i do that for any reason, talking of my wallet all my coins are well secured because what hustling for is for us not to get hacked because the system is full insecurity so far we need to take all security majors before we can succeed in this biz.
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leoliln45
Newbie
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July 28, 2018, 06:23:14 AM |
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Obviously I keep my wallet and hardware devices secure to protect my coin from being hacked. The security has become a very important issue now a day and so we all need to be aware of th`is issue.
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BraveHeadlight
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July 28, 2018, 02:50:55 PM |
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Even if you leave your device (mobile phone, laptop) behind still there are private keys, passcodes and two factor authentication available for securing your account. I think we have reached the time of advancement where losing our cryptos from hardware wallet can only be possible for our silly mistakes like losing both the phone and laptop at same time.
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Vanester2014
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Borderless for People, Frictionless for Banks
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July 28, 2018, 02:58:15 PM |
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I do have my private keys and wallets in my mobile phones and in my computer too but i still not comportable about that copy so i create another copy and save it to one of my usb and i always bring it together with me to keep it safe.
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Herbys
Jr. Member
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Merit: 6
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July 28, 2018, 03:14:26 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Leaving your laptop in public places is very reckless. In general, I would advise you to store your purses on a device that rarely connects to the Internet, a separate laptop or write passwords to a notebook, i.e. DO NOT store all one place.
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carlisle1
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July 28, 2018, 03:15:04 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Yups because our gadgets is the most important thing thats why we must make it always secure,youre too literal when needed to doubt about the lappy because we can put security lock on your lappy before leaving it on starbucks. For me keeping my wallet secure is by not entering sites that may direct to phishing sites because hackers are mostly using those to get out keys
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Coinnosaurus
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July 28, 2018, 03:26:52 PM |
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But we dont need to keep our crypto devices secure and this is what I like more about hardware wallet. Seed yes, but not harware wallet.
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meanwords
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July 28, 2018, 03:36:44 PM |
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If physically secure means that I'm keeping my coins into a wallet that is not online, then I would say I'm physically secured. I know the risk and the gable that I would take If I use online wallets and exchanges to store value because it can be prone to hackers. Hackers are getting smarter nowadays and could bypass even the best security that they could offer. Well, I still have a portion of my coins to an exchange though for trading purposes but that's it.
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Crypto_trader87
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July 28, 2018, 03:37:16 PM |
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Ues obcourse i am keeping my coins privets keys and wallets in a more secure place that only me knows it and i make also some soft copies and pud in my usb and keep it safe so that if i need it in the future i can still use it.
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mai2mai
Member
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Merit: 12
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July 28, 2018, 03:39:41 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Good question, by the way)) I sometimes leave my laptop on the table in a cofffee shop...but....I don't have any related to crypto information on this laptop, no passwords, no seeds, no adresses, nothing. So, I feel pretty secure. Can't judge if it's paranoia or security...I feel like to protect your wallet is normal....
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Snakerist
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July 28, 2018, 03:44:29 PM |
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Of course it is very important to keep your wallets secure and I always double check everything. It's a kind of paranoia I agree.
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ImpulseGhost
Newbie
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Activity: 35
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July 28, 2018, 08:03:22 PM |
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There are so many apps, 2FA, locking system available to secure your mobile and laptops that there are very little chance of your hardware wallet getting robbed unless you give it away to someone willingly. If you need more security, I suggest to always carry your hardware wallet with you.
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Main ML
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July 28, 2018, 08:10:41 PM |
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Yeah your correct people keeping their own device is riky, in my experience i lost my coins keeping in my device because i really trust it's is secured,but i'm sad to say isn't because i can't expect the system lost of my computer and all my privatekeys are in my computer sad to can't get my coins into my wallet.
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42K
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Activity: 364
Merit: 10
Erotic Industry on the Blockchain! RachelX
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July 28, 2018, 08:13:44 PM |
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I really know how I have struggled hard to get this coins in my wallet so keeping it secured is my number one priority. Anyone who knows you can simply check your account and onetime drain all you have so physically I make sure that I keep it safe.
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samiul12
Newbie
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July 28, 2018, 08:17:08 PM |
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Yes I think so. Now a days it is very difficult to secure my bitcoin but after a long term of hard work I can not easily want to lose my goal by risking its safety. So every time I double check that my device is safe and I use different device to keep it. It is a nice way and a better one.
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Nahid Alom
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July 28, 2018, 08:18:13 PM |
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yes sure because many apps are risky so if you secure your mobile and laptops that there are very little chance of your hardware wallet getting robbed unless you give it away to someone willingly. always need to be safe.
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jozymens7
Member
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CurioInvest [IEO Live]
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July 28, 2018, 08:19:23 PM |
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Yeah sure. I know that in this world not even my girlfriend will I trust so much that I wont keep my wallets safe from her. I try my best to keep it physically safe and secured from all forms of thefts and attacks.
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memecoin
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Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
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July 28, 2018, 08:20:57 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Hold tokens on large exchanges is also a safe place. I often hold my token on Bittrex and Binance exchanges, and I have never been hacked token on these exchanges. But using cold wallets is still the safest place to hold the coin
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Am I spamming? Report me!
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Baimovic
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July 28, 2018, 08:32:34 PM |
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I think, after some exchange hacked by a hacker, today we still see few people who keep their assets in the wallet exchange.
people should not store their assets after the event of the collapse of MTGOX due to market manipulation. and of course, security is the most important thing, physical security, value security, and others.
so, I prefer to use hard wallets to save large amounts of assets.
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Will.Smith
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"Revolutionising Marketing and Loyalty"
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July 28, 2018, 08:38:43 PM |
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It highly depends on how much money you have on the exchange/wallet. It it's neccessary to store long term and amount is big enough for you then it's better to store it in ledger inside bank cell. But if you need some amount of your crypto portfolio for daily trade or you using it regularly for something then it's ok to use something less safe but more convenient.
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pltgksl
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July 28, 2018, 08:43:25 PM |
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Security is the most important issue in the cryptocurrency world and also it is very diffucult because there are many negative aspect of secure
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teamspike911
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July 28, 2018, 10:17:16 PM |
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No ... I somehow think it's better just to not tell anyone about your money) Then no one and steal will not ... the more so that to hide the flash drive with the data is much easier than a bunch of money
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dgreat
Jr. Member
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July 29, 2018, 12:31:24 PM |
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My private key is known to me alone. But even at then, I still lock my system to avoid the unforseen event or occurrence because these hackers can be very funny sometimes.
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jpnl0004
Newbie
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Activity: 198
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July 29, 2018, 12:38:48 PM |
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Physically i keep my coins secured i do keep safe in my wallet not just wallet and also in the exchange for easier transaction to made so and also my private key is well hidden and with this i feel secured
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jetjet
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Activity: 154
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July 29, 2018, 12:45:30 PM |
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I just leave my coin to the exchanges. having 2fa authentication is enough to secure your account from hackers and unwanted used. I just leave it to exchanges for me to easily trade my holdings if ever price goes up. I am confident with exchanges wallet so no need to worry.
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jpnl0005
Jr. Member
Offline
Activity: 448
Merit: 1
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July 29, 2018, 12:59:04 PM |
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First to ensure my coin is safe i keep my private key safe then i split my coins in my wallet and exchange but most times i have my coins in exchange is because i want to make a transaction thanks.
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zmkriel
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July 29, 2018, 01:43:32 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Sad to say that i live in a country where we cannot live things even an umbrella in a place and not unattended by a person we know or company with. So i don’t think we’ll be able to leave our laptop and just go to the comfort room. That’s how careful we are with our valuable stuffs.
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EmJay
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July 29, 2018, 02:27:30 PM |
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I am keeping my coins all in my wallet but I have keep my private keys or pw in a usb in which I am keeping it in my safe together with my passport and all important documents. I Don't just save it anyware. I have it also in my laptop but my laptop is secured and has password and I don't bring it anywhere so it is safe at home.
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LooBaao
Newbie
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Activity: 224
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July 29, 2018, 02:38:12 PM |
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I always keep my coin safe, I always watch out for hackers, maybe in the future I can not be prevented, but maybe now I put the security is always on the top.
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Buster2001
Newbie
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July 29, 2018, 07:36:26 PM |
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I sure do. At all times. Cold and paper wallets are must-have.
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mekie
Member
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Activity: 308
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July 29, 2018, 07:52:40 PM |
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I keep mine in a Trezor wallet, with only small amounts on exchanges except when I might add more for a specific trade. I also use local bitcoin for fiat/bitcoin trades both ways, usually face to face transactions. Just think crypto is no different from, fiat if you lose your crypto/fiat or get robbed then it will hurt.
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▬▬▬▬▬▬▬ ● DAFZO.io ● ▬▬▬▬▬▬▬ CONTRIBUTE in PRIVATE SALE OFFERING 50% BONUS
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CanineDanny
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July 29, 2018, 08:23:40 PM |
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As prescribed: cold wallet + keys in the safe locations
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pixie85
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July 29, 2018, 09:35:44 PM |
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Of course I do. I don't have a hardware wallet but I keep my coins offline on a drive that doesn't get connected to the Internet. If I ever need to use them I'll connect the computer, update the wallets and send everything to an exchange. That is if it goes down and I need to get rid of it. If it goes up i'll buy a hardware wallet to be even safer.
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judel_2018
Newbie
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Activity: 87
Merit: 0
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July 29, 2018, 09:44:23 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Of course no one knows my password to secure all of my tokens to my wallet. I did not trust my account anymore and maybe when I was awake one day I lost my tokens to my wallet. As I know it is very secure but I don't know why is it that the hackers can hack it easily. For those who have bitcoin they know already that their coin put it in very secure places.
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fosco333
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July 30, 2018, 02:02:26 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Of course it must. If you not physically secure your coins, you may lose them later. for example i usually backup my wallet information in some storage. Like flashdisk or hardisk, and keep them safe with my possession. Provide a deposit box if needed, then put your storage in the box. If something bad happened like fire, flood, earthquake or others, your wallet backup will safe.
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Al Muhaimin
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July 30, 2018, 02:19:11 AM |
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of course because bitcoin is a valuable asset
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Bhalibad
Newbie
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Activity: 182
Merit: 0
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July 30, 2018, 02:26:54 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Of course no one knows my password to secure all of my tokens to my wallet. I did not trust my account anymore and maybe when I was awake one day I lost my tokens to my wallet. I think all bounty hunters will keep their coins very secure. But why is it that their are some bounty hunters will victims of hackers that they always prevent their coins in a very safe.
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coralwoods18
Newbie
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Activity: 59
Merit: 0
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July 30, 2018, 10:39:40 AM |
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I preferred to keep all my coin now on my hardware wallet. And I am not need to exchange my coin. That’s why I felt secured now with my wallet.
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tulezua
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July 30, 2018, 11:08:25 AM |
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Security will through 2FA password and you will not lost your password and other matter documents, the best is you should use Icloud of Iphone, when you export your account, after you lost phone, you will not afraid of lost information.
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CripplesPlazma
Newbie
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Activity: 56
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July 30, 2018, 01:22:32 PM |
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I use my hardware wallet for most of my investments and some in software wallets but that doesn't make my coins security tight. As it remains in the Blockchain and I have only the key access to it to save in my wallets. So, I just can assure that secured coins are not exchanged or traded without my consent.
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ComaJoma
Newbie
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Activity: 19
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July 30, 2018, 08:41:53 PM |
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I can't even imagine how else you are supposed to keep them.
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Tubig
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July 30, 2018, 11:21:45 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Actually Now I don't have a coin to keep but in the past I think I have secured my crypto in my online wallet. It is just just check its transaction history always and don't give your private key, back then I questioned private key cause it can be generated via program and can be hacked but based on my experience in doesn't happen. I have also converted it into fiat and that's how my money l
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Tides_Network (OP)
Jr. Member
Offline
Activity: 61
Merit: 1
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July 31, 2018, 06:33:05 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Actually Now I don't have a coin to keep but in the past I think I have secured my crypto in my online wallet. It is just just check its transaction history always and don't give your private key, back then I questioned private key cause it can be generated via program and can be hacked but based on my experience in doesn't happen. I have also converted it into fiat and that's how my money l You may want to avoid keeping your coins in an online wallet in the future, keeping in cold storage on your own device is much safer.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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jamesclark
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August 01, 2018, 09:13:31 PM |
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Of course I am. I have created copies of all passwords and keys on my computer and write it on a piece of paper. I used only verified programs to work with Bitcoin.
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Core.BUSTER
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August 01, 2018, 11:26:42 PM |
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I think my coin is secured in my wallet, nobody knows my privitekey so it's safe to say, but I'm keeping it because many of my friends are hacked.
Yes I keep it secured in my wallet and nobody know my personal key it's 100 percent safe I always careful to my coin cause many of friends there account are hacked so that I need to careful all the times.
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Tides_Network (OP)
Jr. Member
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Activity: 61
Merit: 1
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August 02, 2018, 10:12:10 PM |
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I think my coin is secured in my wallet, nobody knows my privitekey so it's safe to say, but I'm keeping it because many of my friends are hacked.
Yes I keep it secured in my wallet and nobody know my personal key it's 100 percent safe I always careful to my coin cause many of friends there account are hacked so that I need to careful all the times. But do you have your private key backed up, and is the back up as secure as your primary copy?
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Chris!
Legendary
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Activity: 1382
Merit: 1122
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August 02, 2018, 10:18:55 PM |
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Unless you're actively spending your bitcoinsthey should always be in cold storage. I wouldn't recommend hardware wallets because you're still relying on someone else to not screw up.
Just remember to be your own bank and trust no one, then you're all set.
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Sponsoredby15
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August 03, 2018, 04:10:57 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I don't keep my Bitcoin in a device where I use it to go mobile. I keep it in a secure place and I only use it online if I deposit or withdraw a large amount of cryptocurrency. I use hardware wallet like Ledger Nano to keep my Bitcoin more safely. I use online wallet only for small transactions.
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tsinelas
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August 03, 2018, 04:34:10 AM |
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We keep our coins in our own ways that we know it that it is in a very secured place and we are also responsible for it if whatever possible to happen, just don't put all your egg in one basket because anything is possible to happen in digital world.
That was a great tip. I'll try this. For me to secure it physically, I sell my tokens and convert it to fiat money then save into my bank account then the bank has the responsibility to take care of my money and me to secure my account.
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royaljack200
Newbie
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Activity: 58
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August 03, 2018, 04:38:14 AM |
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I make sure I lock my devices if I ever leave it's sight. I don't like leaving all my coins in one wallet, exchange or paper wallet. I like to keep them in different places in case one of them gets jeopardize. I do have a hardware wallet that I use for my main wallet and that doesn't ever leave my side. I always make sure I have my belongings with me everytime I go somewhere.
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Tides_Network (OP)
Jr. Member
Offline
Activity: 61
Merit: 1
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August 03, 2018, 03:03:14 PM |
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I make sure I lock my devices if I ever leave it's sight. I don't like leaving all my coins in one wallet, exchange or paper wallet. I like to keep them in different places in case one of them gets jeopardize. I do have a hardware wallet that I use for my main wallet and that doesn't ever leave my side. I always make sure I have my belongings with me everytime I go somewhere.
You've got a great strategy to keep your coins safe, the only thing I worry is keeping your main wallet with you at all times. I dont know if that's the best idea.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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adjong
Member
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Activity: 322
Merit: 10
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August 04, 2018, 01:45:08 AM |
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for my safe wallet is my coin and I only know it with it. I also keep my key to not steal or know others because nowadays many of the coins are interested in those who do not just want them They steal the money from others. So I'm saying that my wallet did not steal so tokens would not be lost.
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Cotton Candy
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August 04, 2018, 01:51:46 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Of course we all have trust issues so for me to feel much secure I bought an offline wallet and store all my cryptocurrency in that thing because a lot of things are happening into the internet world so in order to be secured into those hackers I put it into a hardware. But of course I have some few in my online wallet for sure.
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loragean03
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August 04, 2018, 01:53:00 AM |
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Of course yes, i am not storing my coins in just a single wallets, example when im at work, my gadgets stored only a few amount of crypto to be use in a part time trading, aside from that i also have laptop that carries my crypto wallet info, but its encrypted by code from notepad to system file to be more secure even if i lost my laptop. The only one who carries my huge amount of crypto is my hardware wallet which is secure at my home.
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worldsuccess01
Newbie
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August 04, 2018, 02:49:29 AM |
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Yes of course If I had a chance can earned tokens I will kept it very safety that my coins physically secured I put it into my own private wallet so that the hackers can not stolen my coins.Many hackers is searching only a private coins where it be put in the system.
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axcel0408
Newbie
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Activity: 10
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August 04, 2018, 03:25:50 AM |
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Yes of course I can keep my coins physically secure. To secure my coins I use my hardware wallet because it has strong protection. It will also reduce the possibility of hacking.So its sure by using my wallet I can keep my coins physically secure. It is very important to secure my coins. If I don't I will loose a lot of coins.That's why I need to keep physically secure my coins.
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ntodntodan69
Newbie
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August 04, 2018, 03:28:24 AM |
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Bitcoin does not exist. You can not save it anywhere, it's in blockchain. That is distributed and decentralized. Having a hardware wallet does not mean that you have it there. It means your blockchain access key is there. But no computer that I use for routine activities has any access to my wallet or the exchanges. I make everything from a computer unique to these activities. And my seeds are very well kept in different places from where I live.
Ok sir, I really agree with your expression, physically there is no coin, so we can only secure it through the computer we have using very good security, so that no one will steal it.
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Ilegendph
Full Member
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Activity: 434
Merit: 103
Thinking on the higher plane of existence.
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August 04, 2018, 03:31:34 AM |
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I have considered these factors before. If you are using the device that contains your wallet / storage, don't ever put your private keys/seeds there.
My remedy on this one is back up and 2FA (if needed) but back up for me is enough.
And also be responsible wherever you go, it's your money that you are securing if you go in public places not others.
I got a major problem in 2FA specially if you are using your own mobile number. If the phone you are using is lost specially that number of sim card used in the registration then your totally doomed just like me before. So I suggest that if using 2FA make sure that you are using your email because you can access it anywhere unlike the above mentioned.
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Tduty
Member
Offline
Activity: 448
Merit: 21
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August 04, 2018, 03:34:16 AM |
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Yes, I do. Because I bought a hardware wallet, I don't believe any kind of online wallets anymore. Because we saw many times that myetherwallet got hacked. So, I think my coins are physically secure.
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barsharkol12
Newbie
Offline
Activity: 197
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August 04, 2018, 04:08:08 AM |
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of course. i always make my wallet secure. we are talking here money it not good for you if youre wallet got hacked and a the coins got stole from its just a like a baby who is crying after the food got stole by an animal like dogs. you must secure you wallet so that you can make sure that it is safe all the time.
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Banulit
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August 04, 2018, 04:16:38 AM |
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Yes i think my coins are secured i cannot use a private key because i have an experience hack my coins so now i use a jason file and the password i will save in my mind only now i assure my coins will secured.
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pinot95
Jr. Member
Offline
Activity: 70
Merit: 1
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August 04, 2018, 04:21:49 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I am keeping all my important things including my wallets, bags, laptops and also my digital assets. Leaving in public is a big no to me because I cannot afford to lose my important belongings. We cannot trust everybody specially in public places. The only one to be blame if that incident will happen is the owner itself for not taking care of his/her things. Better to be safe than sorry.
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deppil
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August 04, 2018, 04:23:38 AM |
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I make sure I lock my devices if I ever leave it's sight. I don't like leaving all my coins in one wallet, exchange or paper wallet. I like to keep them in different places in case one of them gets jeopardize. I do have a hardware wallet that I use for my main wallet and that doesn't ever leave my side. I always make sure I have my belongings with me everytime I go somewhere.
Storing bitcoin in many wallets will also minimize risk, and make sure you have a different password in each account to make it more secure, I myself use that method, and add 2fa to each account, the result is I've never been stolen
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lexkiee28
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August 04, 2018, 04:24:31 AM |
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Before my coins are unsecured because the hacker stole my coins and now I decide to use a ledger wallet to secured my coins myetherwallet got hacked don't use a private key because the hacker will copy and withdraw your coins.
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Buzhou
Member
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Activity: 199
Merit: 10
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August 04, 2018, 04:44:12 AM |
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In my opinion it depends a lot on the coin and the quantity because sometimes you will have efforts to ensure your safety, of course this is important, but sometimes you could make your life easier.
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Vineeta2oct
Newbie
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Activity: 210
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August 04, 2018, 04:52:56 AM |
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Well, my portfolio is not very big and hardware wallets are kind of expensive, so I can't afford them but I don't leave my coins and tokens on any exchange. I use web wallets and desktop wallets and keep their private keys encrypted and safe.
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0t3p0t
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August 04, 2018, 04:59:21 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
My device is not that secure but I have no choice of putting all my funds in here because I don't have hardware wallets. I even store my private keys but now I already transfered all of them into a piece of paper and write it manually for security purposes. I am actually planning to buy hardware wallets but for now I have to earn more so that I can afford to buy one in the near future.
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Spontebob
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August 04, 2018, 03:23:22 PM |
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I don't have coins yet but I'm planning to keep half to a hard wallet and half of it in exchanges for safe keeping. In case market value goes up or down.
This is a good idea. We should not put our asset into one place. Distributing your bitcoin is a wisest idea to store it safely though I use trustworthy application to store mine.
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Zainal-baguz
Jr. Member
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Activity: 175
Merit: 1
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August 04, 2018, 03:25:24 PM |
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if I always try to be all the coins I have, bro. as much as possible so that something that I never wanted was like theft .
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█▐ ▏ DDCT ▕ ▌ https://digitaldollarcoin.com/ ▕ ▌█ ∎∎∎∎ The etherMillennium Coin of the Century ∎∎∎∎
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Elexsis
Member
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Activity: 378
Merit: 10
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August 04, 2018, 03:31:38 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
of course, everybody wants to be safe as well as with me, I wipe my coin safely in my wallet. Everybody does and I also did the same as what other's opinion here, as we all know a lot of reports having a problem regarding into scamming. Your wallet is safe for as long as you will keep it and never share the private keys, make sure passwords in every account is not the same also.
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rfj
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August 04, 2018, 04:01:43 PM |
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Keeping our coins in online wallets and some exchange sites are common. But you need to be careful and make sure to secure your private keys, don't leave any details in the public. Make a spreadsheet with a password to keep your private keys and wallet details so nobody can access your wallets. And make sure to not leave your devices unattended.
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A Feeder
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August 04, 2018, 10:45:23 PM |
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Im a beginner so i don't have a coins yet but i am planning that i put my coins in safe and secure wallet like hard wallet. Keeping coins and tokens into a safe place is the greatest way to prevent loss that we don't want to happen. So soon my coins is physically secure.
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tokatuku
Newbie
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Activity: 28
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August 05, 2018, 05:10:21 AM |
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I keep my coins safe, it is all my property, I use cold wallets, hard purses to secure my property, use it in a very safe way.
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prediction on bush
Member
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Activity: 231
Merit: 10
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August 05, 2018, 07:04:01 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Of course all bitcoin users will keep their coins physically secure because who's the person obey their coins to hacker of course none.
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xysheeh03
Jr. Member
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Activity: 238
Merit: 1
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August 05, 2018, 07:14:36 AM |
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Yes, and we should keep our coins physically secure because we are the ones who will get it, and we should keep our coin wallets secure from the hackers and thief online, but we should remember our personal accounts and wallets so that we can get it and nobody else will.
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reality18
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Activity: 938
Merit: 14
Earn more with Earn Network
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August 05, 2018, 07:20:24 AM |
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I've read a lot of articles claiming that the hardware wallet Ledger Nano S is one of the safest and secured way of storing Bitcoin. However i believe that the total security of Bitcoin storage is in the care of the holder of a particular wallet irrespective of the type. How secured and safe you keep your login details determines the security level of your wallet.
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GreenEarth22
Newbie
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August 05, 2018, 11:16:15 AM |
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I think yes because i always use hardware wallets and i believe it is more secure than any other wallets because in the case of my coins i will never going to take any risk.
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jdeanne92
Member
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Activity: 392
Merit: 10
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August 05, 2018, 12:11:08 PM |
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Since i dont have any hardwarewallet my coins are all in different major exchanges. All these exchanges have positive feedbacks from different people. Though they are trusted exchanges, still there is no guarantee that my coins will always be safe anytime of the day.
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Dadaro
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Activity: 124
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August 05, 2018, 01:22:37 PM |
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use hardware wallet like trezor or if you can't afford one try paper wallet it also take the form of cold storage as they are not connected on the internet.
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BulbaLord
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Activity: 261
Merit: 10
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August 05, 2018, 01:47:43 PM |
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Of course i make sure to keep my coins secure . Im the one who only know my pin to open my wallet . But dont be comfortable , you must need more knowledge on how to protect coins to make our coins very secure and safe .
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gabmen
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August 05, 2018, 02:17:01 PM |
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Of course i make sure to keep my coins secure . Im the one who only know my pin to open my wallet . But dont be comfortable , you must need more knowledge on how to protect coins to make our coins very secure and safe .
Well there may be cases where online wallets are compromised. Phishing has been rampant especially with the value of btc being way higher than a couple of years ago. Spend for security and get a hard wallet.
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Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
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Oduada
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August 05, 2018, 02:20:34 PM |
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the ways coins are kept is supposed to be safe and considered to be the most personalised and secret things one has to keep personal. it is a good one and one has to be more careful.
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warwar
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August 06, 2018, 10:08:20 AM |
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I think all of my coins are physically secure in my hardware wallet. But it also true no wallet can’t provide 100%security.
Is it ledger right ? Ledger is getting famous right now because you can store your wallet physically and hard to hack. I haven't heard this ledger since I joing bitcoin but later on it is known because of lot of hacking that happen to us . It is really secure if also you are also careful and not careless
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Falmera
Jr. Member
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Activity: 280
Merit: 2
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August 06, 2018, 10:11:26 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Just like our tangible wallet, we must keep our digital wallet secure. It is advisable if we can make it, we must use different laptop or device for our daily work and for our bitcoin.
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ORVIUM Open and Transparent Science 『 https://orvium.io/ 』 Powered By Blockchain
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Pogi2000
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August 06, 2018, 11:32:04 AM |
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Yes, because there are many security threats in online so that it is better to have a physical coins so that we can protect it to possible threats.
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Jolozxc
Newbie
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Activity: 62
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August 06, 2018, 11:48:23 AM |
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If it for me I will keep my coin on safe place like I read somewhere that we can put our wallet or bitcoin on paper then print it, I like that idea how are we going to keep our bitcoin in that way, for me many people at risk if they dont have a proper way of keeping they coin.
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Daniel9140
Jr. Member
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Activity: 252
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August 06, 2018, 12:05:16 PM |
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You can only keep your coins secure by getting a hardware wallet like trezor or ledger nano. This is what you do to secure your coins safely and this would protect your bitcoin and all your coins .
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TurboPower
Newbie
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August 06, 2018, 12:06:28 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Bitcoin does not exist. You can not spare it anyplace, it's in blockchain. That is dispersed and decentralized. Having an equipment wallet does not imply that you have it there. It implies your blockchain get to key is there. However, no PC that I use for routine exercises has any entrance to my wallet or the trades. I make everything from a PC exceptional to these exercises. What's more, my seeds are exceptionally well kept in better places from where I live.
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Rubel23
Newbie
Offline
Activity: 103
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August 06, 2018, 12:23:16 PM |
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Well, I think my wallets are safe in my own device.None has the right to touch or use my device without my permission. Moreover, I don't share my wallets private key with anyone as I'm not a fool.So, It is safe as long as it iis in my own devices.
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Ahimoth
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August 06, 2018, 12:36:20 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Bitcoin does not exist. You can not spare it anyplace, it's in blockchain. That is dispersed and decentralized. Having an equipment wallet does not imply that you have it there. It implies your blockchain get to key is there. However, no PC that I use for routine exercises has any entrance to my wallet or the trades. I make everything from a PC exceptional to these exercises. What's more, my seeds are exceptionally well kept in better places from where I live. Actually the coins that I own right now are digitally and virtually. So basically it's found in the internet and I don't have them in my hands. They are secured in my account since no one knows it except me. I believe in the security of my account so rest assured that they are safe there and no one can steal them from me.
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Dudeperfect
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August 06, 2018, 03:45:33 PM |
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I am aware of the fact that Bitcoin and entire crypto industry is all about self-responsibility and hence one should hold himself responsible for the consequences took place after his actions. I am holding my more than 50% funds in a securely generated paper wallet having multiple backup copies and then I am using Trezor Hardware Wallet for ease of access. I am also using web wallet but never keep more than 5% of the funds there.
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gurunanakji777
Full Member
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Merit: 100
Chainjoes.com
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August 06, 2018, 06:33:33 PM |
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Its a quite big problem hackers are always trying to penetrate in your system. Even I don't have trust on exchanges. I always do keep my coins in trezor wallet that is very secured wallet to secure the coins. My most of the gadgets are password protected and even 2FA also applied. I always use all the security measures to avoid any kind of mishappening or loss. I do not keep my password in my system I keep it on paper at safe place.
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gbsray
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August 06, 2018, 06:40:31 PM |
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On the Internet, as in everyday life, you need to be careful. Losing coins can be very easy if your wallet is hacked, it just need to go to the wrong link
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mazesta
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August 06, 2018, 06:43:24 PM |
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yes, I always keep my coin assets. I am always careful in making transactions and always check the authenticity of the link or web before visiting it
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nabilanur
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August 06, 2018, 06:58:37 PM |
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I will be preserving my own money almost all within my finances yet We have retain my own exclusive tips or perhaps pw in the universal serial bus where I will be preserving that within my risk-free along with my own passport and also almost all crucial files. My partner and i Will not merely help save that anyware. We have in addition, it within my notebook yet my own notebook will be attached and contains security password and also My partner and i will not carry it everywhere therefore it is risk-free in the home.
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SventraPapere
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August 06, 2018, 07:13:01 PM |
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It's not about paranoia,it's about banal security.It is better to be safe once again, then nothing will happen!After all, as practice shows, it is only once to relax and lose vigilance.As immediately that any is happening.I keep my coins in a special vallet,and passwords in a few instances originally in different secure locations.After hearing stories about lost codes from wallets with thousands of bitcoins, as it immediately decided to be safe) And what you advise.What if you were robbed, stolen computer or it burned down or drowned?)A lot can happen,so it's not worth the risk.Store cryptocurrency on special wallets and sleep peacefully.Only duplicate passwords and hide.
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yorannic
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August 06, 2018, 08:44:07 PM |
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I think it's all solved by a cold wallet such as LAGER NANO or TRESOR. and then you can leave the laptop on the table in the Starbucks as well as before.
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GizmoCoinTEAM
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August 06, 2018, 08:47:55 PM |
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Physically secure means hardware wallet? Actually, I am planning to buy a hardware wallet very soon. At this moment I am using metamask wallet to secure my coins. I think metamask is far far better wallet than so-called myetherwallet. But everyone knows, the best wallet is the physical wallet and they are Nano ledger and trezor.
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LinkinPrak
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August 06, 2018, 08:54:59 PM |
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Indeed we as crypto currency players must be vigilant when facing a situation that we must leave our device for some time, for example as you say when leaving a laptop just to go to the toilet. If I become you then before going to the toilet I will close all my laptop access with a password then turn off the laptop temporarily and bring my laptop with me to the toilet. Indeed this step seems more complicated but security is more guaranteed. Indeed we should be vigilant in various situations.
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Phinoy
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August 06, 2018, 09:09:17 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
What for one might seem reasonable for another it might seem complete madness. Its just a matter of perspective, some people will think you are crazy for doing so much work to secure some coins and others will still think you can do more. I think watching out to what wi-fi you connect when you go to a public space or having a good antivirus, etc its just the smart thing to do. I'm keeping my coins not only physically but i always monitor it in my account so i can surly and relaxed that my coin is safe it just a remained to us that not only in physical way keeping something but we have to be responsible to any thing.
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capn
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August 06, 2018, 09:25:36 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I am using a paid antivirus, hardware wallet, encrypted messaging, generated 30 symbols passwords, (unique for all the cases). I believe, that hackers will have a hard-time hacking me, lol.
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Lorna111
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August 06, 2018, 09:37:35 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
What for one might seem reasonable for another it might seem complete madness. Its just a matter of perspective, some people will think you are crazy for doing so much work to secure some coins and others will still think you can do more. I think watching out to what wi-fi you connect when you go to a public space or having a good antivirus, etc its just the smart thing to do. We have our own safety net that being practice, Yes, our individual coins are all keep in our Devices, secured and well protected from any possible causes of damage. Its not paranoia but just security concerns, it is a hard earn coin from profits, investment in the market, we should never leave our Wallet in an open and not secured place even in our house.
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Raggie
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August 07, 2018, 04:05:11 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Yes of course, we need to keep our coins or tokens both physically and logically secure. usually im saving my wallet info in some storage. Then safe the storage to a safe place somewhere. create the backup as well because sometime you can forget where you store it.
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tofus
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The Future Of Work
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August 07, 2018, 05:00:26 PM |
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I think paranoia and reasonable physical security have a first meeting when his owner begins to experience fear of losing it.
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Tides_Network (OP)
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August 08, 2018, 05:43:08 AM |
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Indeed we as crypto currency players must be vigilant when facing a situation that we must leave our device for some time, for example as you say when leaving a laptop just to go to the toilet. If I become you then before going to the toilet I will close all my laptop access with a password then turn off the laptop temporarily and bring my laptop with me to the toilet. Indeed this step seems more complicated but security is more guaranteed. Indeed we should be vigilant in various situations.
Yes definitely turning off your laptop when in the bathroom is a wise decision.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Tides_Network (OP)
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August 09, 2018, 03:14:28 AM |
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Well, I think my wallets are safe in my own device.None has the right to touch or use my device without my permission. Moreover, I don't share my wallets private key with anyone as I'm not a fool.So, It is safe as long as it iis in my own devices.
Always wise to avoid sharing your private key, but also wise to store your private key in more than one spot that of course only you know.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Tides_Network (OP)
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August 09, 2018, 03:46:24 AM |
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We keep our coins in our own specific manners that we know it that it is in an exceptionally anchored place and we are likewise in charge of it if whatever conceivable to happen, simply don't put all your egg in one crate since the sky is the limit to occur in advanced world.
Exactly, keeping all your eggs in one basket, even a secure basket is unwise. Storing all your eggs in at least two extremely secure and separate baskets is ideal.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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dashcollector
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August 09, 2018, 03:51:37 AM |
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No, currently to reduce risks of hack, I just split the investments in different exchanges.
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julielyn
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August 09, 2018, 04:09:28 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Yes i secure safety my all tokens I do not share my private key I'm the one who transacts your tokens to avoid losing my tokens even in my family I do not say it all my account I only know .
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Impros88
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August 09, 2018, 07:35:22 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Yes I do, I'm following all the rules which is mandatory in order to keep my wallet secure with all those passwords for 35 symbols and etc. I'm not having a big wealth on those but just in case I would
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Amokomowo2005
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https://eloncity.io/
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August 09, 2018, 07:44:58 AM |
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Exchange dont need to be trusted this days as most of them fake hacking of their site, i do save my coin physically secured so thar i wont lose at the end.
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ELONCITY ❱ ❱ ❱ ❱ Power The world for FREE! Public Sale Coming Soon │ https://eloncity.io/
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andika2018
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August 09, 2018, 08:15:51 AM |
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Exchange dont need to be trusted this days as most of them fake hacking of their site, i do save my coin physically secured so thar i wont lose at the end.
If we want to keep our coin/token more safe, we should store our coin on our own wallet. If we decide using exchanger, we should put high security on it by installing 2FA. Its much more safe for us if we store our coin and token on our hard wallet but not many of us have it, so i think the best thing to do is always keep safe our private key
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ClintonJ
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August 09, 2018, 10:38:50 AM |
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First of all i use hardware wallets in order to keep my coins safe and i never store my crypto in my phone even i don't use it also and i keep my coins in my another laptop. i believe my coins are safe.
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heartwreck
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August 09, 2018, 10:59:58 AM |
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I think so, my wallets are physically secured because i keep my private key or password just with mine, i wrote it down on my notes.
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Descon
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Staker.network - POS Smart Contract ETH Token
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August 09, 2018, 11:03:54 AM |
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I usually keep the private keys and backup keys of my wallet in different places that only i know so if i lose the device i can still open it in another device
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yhan2x
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August 09, 2018, 11:28:02 AM |
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My wallet are secure, my private key and password are save in different ways. So incase my device has been shut down. I have many copy to get it.
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Tashi
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August 09, 2018, 12:14:03 PM |
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Of course, by making your private keys to yourself and never let anyone nor anybody have an access on where I jotted down my private keys and passwords. Additionally, I make sure that my gadget where my bitcoin is installed isn't used by anyone except me.
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peterpeterpeter
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August 09, 2018, 12:28:03 PM |
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I think securing our coins in our devices is more easy and effective than holding fiat money from our wallet. Eventhough it is too risky because of the possibility of being to be hacked. But this is the best way. Keep in private and be careful.
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tegarp90
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August 09, 2018, 12:42:56 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Yes i'm keeping it safe. I never use wifi when i'm going to login my wallet and always use my phone connection for secure. Also i never save my password and private key on my laptop, i just remember it and wrote it in a piece of paper
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CoonSoon
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August 10, 2018, 06:49:07 PM |
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I can't imagine whoever can get into cryptocurrency without appropriate security measures. Coins in online wallets are vulnerable, so only hard wallets for hodling with all the keys stored in separate locations with trusted people.
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BookssWorms
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August 10, 2018, 07:13:15 PM |
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I don't think a hacker could get to my mobile wallets because I try not to keep too much on a separate account and I don't really believe in hardware wallets. They seem like a scam to me. Nothing personal. I just don't believe they can seriously protect my assets.
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Kimi80
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August 10, 2018, 07:53:43 PM |
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There is that line somewhere. Some people are living on one side and some on the other side of the line. A friend of mine doesn't care about security, he is thinking that there is no chance for his device to be compromised. I personally don't understand him and others thinking like that. I am pretty paranoid when talking about security in general. No need to have physical contact with device, one who knows can access it online. I didn't have reason for extra security but I am planing to collect coins in near future and I am planing to get one comp for that purpose only. I do hope that it will lower the chance for breaching my device security system.
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ironman2014
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August 10, 2018, 08:47:06 PM |
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I'm having a ledger nano hardware wallet, but the funny fact is that I'm not using it because I'm a lazy ass, it's just lying on the shelf covered by dust, and only God knows is it working still or not, lol.
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ButcherBRO
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August 11, 2018, 03:50:17 AM |
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I have seen some people whose coins were stolen and I won't recommend keeping your Bitcoin other than in a hw wallet. Ledger Nano S is my favorite.
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edsnowangel
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August 11, 2018, 04:17:08 AM |
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Keeping your crypto coin safe is not a hard job to deal with there lots of ways to keep your coin safe and secure from hackers out there first is having a hardware wallet this is the most popular way of securing your coins because without any physical contact your coin will not be stole. Second wqy is backing up your PK in a safe and hard copy state never save it on text file in your computer. Third is using a trusted wallet online if you can't afford to buy a hardware wallet.
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sd
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EdwardClinton
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August 11, 2018, 05:52:42 AM |
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Yes, and it is a very simple process you just need to choose a good wallet and in this case hardware wallets are very secure though price is little high but coins become very secure.
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edsnowangel
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August 11, 2018, 06:28:47 AM |
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Yes, and it is a very simple process you just need to choose a good wallet and in this case hardware wallets are very secure though price is little high but coins become very secure.
as what I tell I also agree with your comment this is a great thing to do when dealing with cryptos
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sd
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snowyy
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August 11, 2018, 05:13:15 PM |
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No, I don't use physical store for the storage of my coins. I am using popular online wallets and some exchanges sites but you need to be extra careful and make sure to secure your private keys in the place where no one know about it.
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ngusmin
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August 11, 2018, 05:23:59 PM |
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I keep my private key safely on another device, and I think it's better and can be guaranteed security. And I only use it to open my wallet.
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Tides_Network (OP)
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August 11, 2018, 08:44:45 PM |
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I keep my private key safely on another device, and I think it's better and can be guaranteed security. And I only use it to open my wallet.
Make sure to back up your private key elsewhere too! Just one device is not sufficient.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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pat4cryptoreal
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August 11, 2018, 08:53:50 PM |
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The coins are suppose to be in the hardware wallet are the one we want to keep for a while but the coin we are trading with on daily basis have to be in exchangers we are trading because one minute matters alot in trading.
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anatolykarpov
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August 11, 2018, 08:54:51 PM |
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Yes I do. I have a Ledger Nano S in which I hold most of my Crypto Portfolio. I think it's much more safer than copying and pasting private keys or enterin with json files.
I also have some coins on Binance, but that's not too much. I don't trust exchanges. They always have to possibility to get hacked. There has been numerous exchange hacks over last few years of Crypto. Thus I recommend everyone to use a hardware wallet.
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heartwreck
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August 11, 2018, 09:39:37 PM |
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I think my physical wallet are secure. No one knows my private keys or my password. I wrote it down on my notes. And i put a 2FA also. So hackers wont easy for them to hacked my wallet.
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CordandAN
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August 11, 2018, 09:47:25 PM |
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Only HW wallet and it's not paranoia because the cryptos represent digital keys which might potentially get hacked.
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rugrats
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Leading Crypto Sports Betting & Casino Platform
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August 11, 2018, 09:54:16 PM |
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Yes, I keep all the important details including my private key among other things in a safe as well as the best possible I can on the web services.
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Tduty
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August 11, 2018, 09:54:28 PM |
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Physically secure means I think hardware wallet will be the answer. I always keep my hardware wallet in a locker. When I want to deposit or sell coins, then I unlock my hardware wallet. Besides this, I never open my hardware wallet. Because I check my balance from etherscan and ethplorer, so if I go the bathroom by leaving my laptop then that will be not a problem, because of my hardware wallet in a box wit locker.
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TURBOCottonnmouth
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August 11, 2018, 10:00:18 PM |
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Only HW wallet and it's not paranoia because the cryptos represent digital keys which might potentially get hacked.
Agree. You just can't be paranoid with crypto When it comes to crypto, we can talk about security, that's it
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boss1dg
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August 11, 2018, 10:06:35 PM |
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I never save my wallets like this , i mostly save my all portfolio either in hardware wallet or on one of the major exchange for swing trading . i dont save keys and wallet in laptop which i take with me in public places , as it can be stolen easily . also i bookmark url of exchanges and wallets like mew so that i face no phishing website which can drain my wallet .
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supremacy10
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August 11, 2018, 10:17:19 PM |
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I have hardware wallet to save my coins , I only transfered the one I'm selling to exchange and withdraw the fund , with that you won't hear story that touched
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Nabilo
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August 17, 2018, 01:42:59 PM |
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yes i keep mine bitcoin physically secure. I keep my bitcoin in hardware wallet which is the best way to keep your bitcoin secure.
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Valer4ik
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August 17, 2018, 02:59:57 PM |
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Many users are worried that private keys from their bitcoin-wallet can be stolen. Existing systems do not solve the issue of security of private keys and allow users to make orders on the pages of online stores and make payments directly from their wallet
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abhi777
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August 18, 2018, 11:33:21 AM |
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The coins are suppose to be in the hardware wallet are the one we want to keep for a while but the coin we are trading with on daily basis have to be in exchangers we are trading because one minute matters alot in trading.
Coin coins should be stored in the wallet or on the hardware. in my opinion if the coin stored in the wallet will be safe. if you feel worried you can always make sure your coin is safe.
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aladlanie04
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August 18, 2018, 11:57:25 AM |
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i store my bitcoin in ledger wallet only if i need it but i always store in ledger if im not trading it in exchanges i dont keep bitcoin in exchanges because of anything can happen in exchange , so i believe that storing bitcoin in ledger wallet is safe secure if going on vacation or out . i dont like personally keep bitcoin in exchange if i am not trade every week or day .
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maxilopez
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August 18, 2018, 12:27:57 PM |
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this is very dangerous. I think that over time this problem will be resolved and we will not be afraid for our bitcoins
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kelenikels
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August 18, 2018, 12:30:12 PM |
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There is that line somewhere. Some people are living on one side and some on the other side of the line. A friend of mine doesn't care about security, he is thinking that there is no chance for his device to be compromised.Third is using a trusted wallet online if you can't afford to buy a hardware wallet.
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billionaireSHS
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Decentralized Transportation Solution
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August 18, 2018, 12:50:13 PM |
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Well I am not keeping my bitcoin physically, because first of all it is not already have a physical output in our country or simply means it is not already a currency in our country. I am keeping it in my online wallet, why? Because this wallet is trusted and tested that is why I am not worried.
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Kimskie12
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August 18, 2018, 01:09:37 PM |
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For me it is more safe and secure if we keep it in our devices as long as we store it in a legit way,if you keep it physically for me it can be stole, it is more safe and reliable if it is in our device.
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EoNs_COIN
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August 18, 2018, 01:16:12 PM |
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majority of them
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vachellie
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August 18, 2018, 01:34:57 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
It's not like when you keep your coins on your device will guarantee safety for your coin, you should pay attention to what you do with your device. Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
it's better not use your device on public, use your other device if you want to do something. if you use public wi-fi, i think it more dangerous instead using your own internet, because public wi-fi more vulnerable.
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A Feeder
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August 18, 2018, 04:04:47 PM |
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Of course, when you say coins it means that is need to safe and secure because that is very important. You can keep and restore your bitcoin like hardware wallet and software wallet its up to you where do you want.
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ETHtotheMOON1
Jr. Member
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Activity: 280
Merit: 3
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August 18, 2018, 04:11:49 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
definitely go with hardware wallet, it doesn't cost too much and gives you the right amount of protection if you know how to use it properly and back up your keys of course
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▰▰▰▰ BLACK ▰▰▰▰ ▰▰▰▰ Insurance Company on Blockchain ▰▰▰▰ http://www.black.insure/
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Aponkye1
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August 18, 2018, 04:32:05 PM |
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Well keeping your cryptocurrencies on a hardware wallet is one of the best ways of saving your coins but the thing is it is quite expensive to get on these days. Currently some online wallets have renovated their system to authenticate transactions by other security features such as google authenticator code and i guess that should help get rid of all those third party infiltration into the account of people.
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Pr3ko
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August 18, 2018, 04:53:40 PM |
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Yeahh i do keep my wallet physically secured because these days some hackers are very smart and skillful to the extent that they can hack most online wallets if care is not taken so the best place to keep your cryptocurrency is on a hardware wallet and i encourage dat everyone try as much as possible to get one.
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stefy77
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August 18, 2018, 05:17:30 PM |
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I have so few cryptocurrencies that I still use software but I should buy a hardware wallet to live more serene. If I had more crypto, I'm undecided whether to invest that money for the safety of the little stuff.
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Elerntta
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August 18, 2018, 08:26:39 PM |
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I keep all my investments in a cold wallet. Mine's called a Tresor. I have well studied the issue of storage and this wallet seemed to me the most reliable, because it is stored separately from the computer. It's pretty safe.
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WebTera
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Merit: 10
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August 18, 2018, 08:43:23 PM |
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While all my coins are on the stock exchange. I know it's not safe and I'm already looking for a secure wallet. This is very important for successful investment.
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Pyr3x
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August 18, 2018, 08:50:48 PM |
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Storing bitcoin is one of the most important aspects to consider when you decide to invest. Many recommend using offline wallets, and I also consider them to be the safest.
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helern
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August 18, 2018, 08:58:02 PM |
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It is obvious that the best way to keep this crypto secure is to consider keeping it physically secure and that is better than online security
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insurgent
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Look ARROUND!
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August 18, 2018, 10:45:40 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Yes I keep my coins physically secure. Well I store my coins in a hardware to make sure that no one is able to get my coins. It is one of the safest wallet . Hackers nowadays can do whatever they want thats why need to be aware of everything.
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P60
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August 18, 2018, 11:25:39 PM |
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It is obvious that the best way to keep this crypto secure is to consider keeping it physically secure and that is better than online security
I agree, if will make our coins to be physically secure, it would be a great advantage to us; hackers won’t be able to access it so it will be safer than having an online wallet.
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PalindromemordnilaP
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August 18, 2018, 11:44:57 PM |
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Basically, keeping my crypto assets is way more than secure than keeping my fiat money. Writing account information in a paper is not also necessary because it's too risky and will just expose your digital assets to someone else if you lost that piece of paper. Even saving my account's information on e-mail is too risky so i just keep it on an external drive and keep it somewhere only i know.
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Tides_Network (OP)
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August 20, 2018, 08:32:59 PM |
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Basically, keeping my crypto assets is way more than secure than keeping my fiat money. Writing account information in a paper is not also necessary because it's too risky and will just expose your digital assets to someone else if you lost that piece of paper. Even saving my account's information on e-mail is too risky so i just keep it on an external drive and keep it somewhere only i know.
I hope you've got all that saved on more than on external drive, as they're known to fail and you dont want one single point of failure to throw a wrench in your life!
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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IamKnowledge
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August 20, 2018, 08:39:06 PM |
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The most confidential aspect of our crypto business is our wallet privacy. You must always make sure not to expose the detail of your wallet to a friend or any relative. You may not know how when they would becomes enemies and make the attempt of stealing your coins.
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Tszone
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August 20, 2018, 09:47:12 PM |
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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.
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nagobinga
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August 20, 2018, 10:24:01 PM |
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Keeping the coin very safe is certain, especially now that there are many people who do evil to our address from the hacher hacher which is very dangerous and we still face it in a smile.
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Thecryptocurrency09
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August 20, 2018, 10:53:12 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
In this generation, a lot of innovations are strongly patronised. Therfore, a parallelism with such crime in the digital world from these innovation is a down fall. Although some may not be affected by it yet others are actually quite ruined. For me, physical security is not really an answer but it is on how you will managr your bitcoin.
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Haliburton
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Liberated Forever. Domesticated Never.
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August 21, 2018, 08:11:29 PM |
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The answer is simply yes. Ever since I've started in crypto land a couple of years ago, I've taken the liberty to secure my coins as much as possible, since hackers have been on the loose hunting for loot. To keep them secure, I never disclose the amount of coins I have, and I always use a hardware wallet along with a paper wallet for all my transactions. Every time I want to receive coins, I quickly change my public key, adding a greater level of privacy. A public key is generated for each transaction to prevent prying eyes from spying how much coins I own in my wallet. For even greater security, I use Linux operating system instead of Windows to conduct my crypto transactions. I never leave coins in an online exchange, except for a very small amount to be used for trading purposes. The paper wallet I use, has been generated offline in a freshly installed computer, encrypted with a BIP 38 passphrase. All of this has helped me so far to keep my coins physically secure against hacks or theft, without having to worry about such risks. Therefore, if you follow these steps, it'll be practically impossible for a hacker to get access to your funds. It's always recommended to stay updated with the latest threats, to protect yourself against them. With good protection and awareness, your money in crypto will be as safe as a bank.
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Xalata
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August 21, 2018, 08:16:46 PM |
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Sure, keeping your coins physically secure is very important if you are into the investment of cryptocurrencies because these days if you don't take care you might be redirected to a phishing site which can hack your private key of your wallet.
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coinnumber
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August 21, 2018, 11:17:01 PM |
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Saving your coins online to me is not a bad idea but you need to be extremely careful with you private keys. I remember a friend of mine who mistakenly submit his private key instead of wallet address and lost all his funds. Though external device such as ledger is more secure to save your cryptocurrencies but not every one that can afford it for a start. Just be careful with your private keys by keeping them in a safe and secure place by so doing your funds will be perfectly saved.
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Blackrain13
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August 21, 2018, 11:35:38 PM |
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I think everyone of us here wants our coins being secured because nobody wants to loss it. Me,personally to make sure that my coins is secured i store it on different wallet and also use 2fa authenticator. We can't avoid hackers so be wise also to avoid lossing your coins. Also keep always the private key and password safe that nobody can stole it or copy it.
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bentong talong
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🚀🚀 ATHERO.IO 🚀🚀
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August 21, 2018, 11:37:56 PM |
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I think everyone of us here wants our coins being secured because nobody wants to loss it. Me,personally to make sure that my coins is secured i store it on different wallet and also use 2fa authenticator. We can't avoid hackers so be wise also to avoid lossing your coins. Also keep always the private key and password safe that nobody can stole it or copy it.
Definitely, right now some of my coins are physically secured and some are still in my online wallet. Even though it is in my online wallet, I always make sure that it is strongly secured.
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cyriljundos
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Bitfresh - iGaming with 90s UI
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August 22, 2018, 04:12:44 AM |
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I am hiding my coins securely with myetherwallet for scam prevention because this is the only way to keep a coin
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bigblackdeck45
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Activity: 266
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August 22, 2018, 04:36:14 AM |
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I know hard wallets are the safest means of storing your bitcoins but since I can't or I don't have any access to those I am using online wallets instead. I know some of you will say that it is not safe to store your coins in online wallets but I haven't have any issues with those at all and I have been using it for quite some time now. Although I am planning to buy myself some hard wallet soon.
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BitcoinPanther
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August 22, 2018, 04:39:47 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
It's never a paranoia to care extremely for something we deem very valuable. And as much as our bitcoin wallets are far from being pick pocketed, you are right that we should exercise strong caution not to lose it. And as a practice, i keep copies of my wallet-related information not only on my device but also on the cloud where i make sure i have 2-Factor Authentication and the file to be password protected. I'm not really good with keeping printed documents and all (and afraid too that i will lose them or someone i know might be tempted to steal it from me should they see the document laying around), thus, i don't keep it physically secured. I have the habit of losing small items too so using a pen drive was never an option for me either. And as much as i don't practice it, keeping those information physically secure is always advisable.
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amobi
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August 24, 2018, 08:26:50 PM |
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this is so true, leaving your laptop where any body can get access to it when you are not around doesn't guarantee safety of crypto savings, but one can still curb this by setting a strong password on the laptop
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IndoUSminus
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August 24, 2018, 08:45:57 PM |
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This is funny to ask a question like that in this community because everyone should be aware of security issues inherent in crypto. However, I was really surprised to learn that some of the people engaged in crypto world leave their coins online... Me? Never will I leave my coins anywhere but in my cold wallet with key phrases being kept off-site in several trusted locations. Cold wallet: Ledger Nano S, if you are interested.
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phelbaby
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August 24, 2018, 09:17:45 PM |
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am acturally not storing in a hardware wallet but am not neglecting the use of 2FA with this i think am ok with it ,still have no more idea about the hardware.
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daffa68
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August 24, 2018, 10:06:42 PM |
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Yes, I do I always keeps my coins carefully and I always increase my coins in order to become more.
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delegend
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August 24, 2018, 10:52:46 PM |
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Basically I think for me in this aspect hardware wallet seems to be more safer ,private keys are often stored in a protected area of a microcontroller, and cannot be transferred out of the device in plaintext.
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peterpeterpeter
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August 24, 2018, 11:18:37 PM |
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I think majority of here are also using their devices to secure their coins because this is the easiest way. Eventhough this is very risky and prone to the hackers to hack your account. Just need to take care and avoiding malicious sites to open for our own security.
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Oggy Pogi
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August 24, 2018, 11:23:39 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
That is why you as a holder and owner of your own crypto wallet must be responsible enough to take good care of your account to avoid intruders to access your account without notice because in the industry we are currently up now, many will be trying to stole whatever you have in your virtual wallet so the security of you account already relies on you so to be able to secure your own, be knowledgeable and responsible enough with your actions to take good care of your account.
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Hanazawa
Jr. Member
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August 24, 2018, 11:29:54 PM |
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For my own side as a newer in crypto and haven't yet coin, I will store my money on secured wallets (application, hardware wallet) to keep safe. But I plan to keep a half of my money in bank because eventhough we are in cryptocurrency world I didn't except that virtual is a safetiest way to keep money. That's why I think practically to store online and to store it physically on bank. I think this ideas is not good to others but for me it is my (life hack) practical decision.
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bling-bling
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August 24, 2018, 11:49:23 PM |
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I don't get the physical part coz Bitcoin is digital and has no physical traits. But as for keeping it secured, well, I do make necessary precautionary measures in order to keep my coins safe. Hackers or scammers will do anything in order to steal our coins. It is up to us to counter them with security measures so to prevent them from doing what they do.
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gesdan
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August 25, 2018, 01:19:15 AM |
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for me store my private key and password is never in the physical form, all my private key is in the data form, but i spread it into another platform, like in my laptop, harddrive external, cloud, my phone and anything else, and if anything happen with my laptop i have the backup to make sure my private key is safe
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adadaorlina
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August 25, 2018, 03:15:44 AM |
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Well keeping your cryptocurrencies on a hardware wallet is one of the best ways of saving your coins. Storing bitcoin is one of the most important aspects to consider when you decide to invest. Hackers nowadays can do whatever they want that's why need to be aware of everything. Just be careful with your private keys by keeping them in a safe and secure place by so doing your funds will be perfectly saved.
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Lumberjackpj
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August 25, 2018, 09:17:23 PM |
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I know some people who don't believe in cold wallets saying cold wallets are a scam. They have kept their coins in online wallets safely for quite a while, which only makes them believe they're right. Despite that, I don't think that practice is 100% safe. Ledger Nano S helps me in that regard. Stay safe!
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Haliburton
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Liberated Forever. Domesticated Never.
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August 25, 2018, 10:16:30 PM |
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It's never a paranoia to care extremely for something we deem very valuable. And as much as our bitcoin wallets are far from being pick pocketed, you are right that we should exercise strong caution not to lose it.
And as a practice, i keep copies of my wallet-related information not only on my device but also on the cloud where i make sure i have 2-Factor Authentication and the file to be password protected. I'm not really good with keeping printed documents and all (and afraid too that i will lose them or someone i know might be tempted to steal it from me should they see the document laying around), thus, i don't keep it physically secured. I have the habit of losing small items too so using a pen drive was never an option for me either.
And as much as i don't practice it, keeping those information physically secure is always advisable.
I think that it's best to be paranoid for the sake of our cryptocurrency funds, rather than being careless and become an easy target for hackers. These people are doing everything they can to steal your money in ways you've never thought possible. If you manage to maintain an updated computer and store your cryptocurrency funds in an offline-generated wallet or a hardware wallet like Trezor, then your coins will be physically secure for quite a long time. For online accounts, it's nearly an obligation to use 2FA these days, because hackers easily penetrate them with the purpose of stealing user's funds. If you plan to trade in an online exchange, then avoid leaving your coins in them for greater safety. In my case, I would simply use decentralized exchanges over centralized ones for all my trades, use a hardware wallet for all my transactions, and never disclose my crypto funds. For greater privacy, I exchange my Bitcoin to Monero or ZCash, to prevent any hacker or unknown person from knowing how much money I have. Therefore, by doing these practices, you could stay safe against hacks as it'll be nearly impossible to get access to your hard-earned money in crypto.
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iMark
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August 26, 2018, 01:56:03 AM |
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I think everyone of us here wants our coins being secured because nobody wants to loss it. Me,personally to make sure that my coins is secured i store it on different wallet and also use 2fa authenticator. We can't avoid hackers so be wise also to avoid lossing your coins. Also keep always the private key and password safe that nobody can stole it or copy it.
Of course everyone wants their assets to be save. but not all users can or will increase their efforts to secure their money. such as dividing their funds in many places or wallets and adding them with 2fa, it will obviously be safe but not everyone uses them
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MasterHam2
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August 26, 2018, 10:15:38 AM |
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Sure. A cold wallet (Ledger), 2FA, and other stuff, is a must, you know. I'm not going to list all of the common steps and ways of protection because they are all available in this forum and on Google. I know how risky it is to leave it in an online wallet or exchange, so I definitely choose to keep coins off-line in a physically secure place.
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evilsign
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Merit: 60
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August 26, 2018, 10:33:34 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
even though we keep the coin on a personal device, we should still give it extra security. Even if you also keep password records in one device that is the same as your digital assets, of course, I hope you are not that stupid by giving detailed passwords in one note. The best security is deception and also a layered padlock. That's what I think.
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Jericka D Ranillo
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August 26, 2018, 11:04:50 AM |
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Is it okey to use laptops where your wallet inside on it. Just make sure to have copy of important details in some gadget which never bring outsidr at the house. Online wallet is secure like myetherwallet, everything is on our care and resposibility. What ever happen is to be blame for the owner not the creator
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cosmicart
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August 26, 2018, 11:07:38 AM |
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My coins are very secured in all way round, there's no way I can let my wallet be hacked. As a matter of fact, I'm even considering getting another hardware wallet.
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Radio-Active
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YOUC - https://www.youengine.io/
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August 26, 2018, 02:23:06 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Actually some of us think storing your coins in the exchange wallet is more safe than the personal wallet because the security of exchange wallet is very good. Few months ago when some exchange got hacked, it made me think there is no safe place to store our coins. Maybe we should consider to use hard wallet.
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Emilyp
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August 26, 2018, 02:28:21 PM |
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I take the security of my cryptocurrencies seriously. Before now I don't use to have password on my devices but since I vested into crypto, all my devices have secure log in. And I'm conscience of where I take them to and who I allow access to them.
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Bara420
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August 26, 2018, 02:42:04 PM |
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In the case of security I never want to compromise and thats why I always choose the best wallet and I think hardware wallets are very secured.
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Pump N Dead
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August 26, 2018, 03:46:34 PM |
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I keep almost all my Bitcoin and altcoin in my Hardware Wallet (Ledger Nano S). I only keep some of my Bitcoin in an online wallet in case U need to buy altcoin in trading platform or when I need to cash it to fiat.
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Renegadegate
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August 26, 2018, 03:51:48 PM |
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Yes, of course. But I'm really surprised at how many people do not take their security seriously enough and then start complaining about lost coins... I understand that there is only one more or less serious security measure - to keep your coins in a cold wallet. Some people believe in the power of their online wallets, but I think they will have to face it sooner or later - cold wallet is the only way you are supposed to keep your assets if you don't want to lose them
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Tides_Network (OP)
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August 26, 2018, 06:54:41 PM |
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Is it okey to use laptops where your wallet inside on it. Just make sure to have copy of important details in some gadget which never bring outsidr at the house. Online wallet is secure like myetherwallet, everything is on our care and resposibility. What ever happen is to be blame for the owner not the creator
Well actually myetherwallet is not an online wallet, it simply provides an interface through the browser!
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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zarintasnim
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August 26, 2018, 07:35:11 PM |
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I am keep my wallet safe from hackers. Other wise i am lost my all coin. I am write my password and private key in my not book. If my laptop will hack although my wallet will safe.
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Zre
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August 26, 2018, 07:45:24 PM |
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Now all the security problems. As the value of bitcoin increases, thieves will pay more attention, but the best and safest option for storing your crypto conversions is to store it on a hardware purse. I prefer Tresor's purse. We must all be cautious and careful.
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Sentinel211
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August 27, 2018, 04:26:34 AM |
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In fact, the line between paranoia and reasonable physical security is the amount of crypto assets you have. If it's immaterial, you can sleep well and never care about online vs offline security because you don't lose much, anyway. However, if you possess a significant amount of crypto, some of which you use for trading while some is just stored somewhere, you might want to make sure you don't lose it all at once, in which case use your cold storage only! No other storage is safe enough. My choice - paper wallets and hardware wallets.
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Ratmanrr
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August 27, 2018, 09:05:27 AM |
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Sure. This is the first thing I learned when I got interested in crypto. The second was that if I wanted to do trading, I had to make sure I don't spend all my money on trading because of the high risks and keep all my assets in an online wallet, which I'm still committed to: a cold wallet has been a must for me since then
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IndependentWild87
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August 27, 2018, 11:15:07 AM |
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Of course we need to keep our coin in a very secured zone because there are a lot of groups are just waiting and trying to hack out crypto and if they get any scope then they will snatch everything.
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cxmyifan16
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The Premier Digital Asset Management Ecosystem
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August 27, 2018, 11:26:35 AM |
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I do my best to make them secure and I always learn more about all new ways to protect the coins the best way. To my mind, it is better to keep coins physically secure using not online but hard wallets
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Gururapyco
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August 27, 2018, 11:33:49 AM |
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I hold my coins on my desktop wallet. If I'm the only person that knows the password, no one will be able to move those coins even if the laptop and wallet are on and available to everyone. But it's more reasonable to keep your coins on devices like Ledger Nano S if possible.
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Indamuck
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August 27, 2018, 11:36:26 AM |
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You can have the best security in the world but you are always at risk of a $5 wrench attack. For those that don't know this is just a term for a physical attack by someone to get what they want. How many of us wouldn't give up our crypto over threat of death of ourselves or a family member. This is why you should be secretive about your personal life if you are holding a large amount of crypto.
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maloibtc
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August 27, 2018, 11:36:44 AM |
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I can say that coins can be physically secured only if you keep them in the hard wallet. To my mind, it is better to use the protection with the guarantee that it will be able to help you any time
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Fatanut
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August 27, 2018, 04:03:26 PM |
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You can have the best security in the world but you are always at risk of a $5 wrench attack. For those that don't know this is just a term for a physical attack by someone to get what they want. How many of us wouldn't give up our crypto over threat of death of ourselves or a family member. This is why you should be secretive about your personal life if you are holding a large amount of crypto.
I just can't imagine how would I be in such scenario where someone is holding a 5$ wrench, and threatening to kill me if I don't give them my keys. It's pretty much the same as when someone's pointing a knife at you so you'd give them your money. When you're holding a large amount of crypto, you have to be very lowkey about it and very secure as well. If you have money, be silent about it. If you have a lot of money, be absolutely silent about it. The world doesn't have to know about your wealth. The number of people knowing how much money you currently have doesn't increase your bank balance. Now that you have a large amount of crypto, you might as well want to move in a different neighborhood where you're sure that people aren't psychopaths, thieves, etc. But if you're the only one who knows that you indeed have a lot of money, the best idea is to not move out. Stay where you are living before because if you move out people will ask where did you get the money. On that note, here's a good meme for the $5 wrench attack from Steemit, a post by @jamesjones: Protect Yourself Against $5 Wrench Attacks
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Syarief28
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August 27, 2018, 04:07:33 PM |
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for a moment, be careful, especially now that hackers are watching us all from a distance and now everyone is in security. When the value of bitcoin is greatly increased, thieves will pay more attention. All of us and we must be careful in keeping our coin coins
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Scratchcatch
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August 27, 2018, 07:00:13 PM |
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Sure. Who wouldn't? But I've never thought about a potential $5-wrench attack. Thanks for pointing out! Thus, my physical security includes: ✓cold wallets ✓paper wallets ✓silence
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davhek
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August 27, 2018, 07:18:39 PM |
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Absolutely yes. Most of the crypto assets are securely stored on a cold wallet. Only a certain amount that I trade with is online.
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Subwooferred
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August 27, 2018, 08:00:55 PM |
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Only a cold wallet. I don't trust the online wallets or exchanges to keep all the coins there. Stay safe!
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Tides_Network (OP)
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August 27, 2018, 08:27:20 PM |
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Only a cold wallet. I don't trust the online wallets or exchanges to keep all the coins there. Stay safe!
Only one cold wallet or two? You should have your private key saved in at least two secure places.
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Tides_Network (OP)
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August 28, 2018, 04:56:08 PM |
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Absolutely yes. Most of the crypto assets are securely stored on a cold wallet. Only a certain amount that I trade with is online.
The cold wallet/hot wallet dichotomy has been a mainstay for nearly a decade and its still very prudent!
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StrongImagine301
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August 28, 2018, 06:11:36 PM |
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Of course I do this because the hackers are getting strong day by day so we also need to be conscious about our security and also we should become conscious about choosing wallets.
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Haliburton
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Liberated Forever. Domesticated Never.
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August 28, 2018, 08:01:58 PM |
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You can have the best security in the world but you are always at risk of a $5 wrench attack. For those that don't know this is just a term for a physical attack by someone to get what they want. How many of us wouldn't give up our crypto over threat of death of ourselves or a family member. This is why you should be secretive about your personal life if you are holding a large amount of crypto.
I concur. It's best to stay silent and never disclose how much crypto you own for the sake of your life and money. Also, you should do your best to keep your private key away from the hands of hackers as much as possible. Even in a physical scenario where someone would force you to give him/her your private key, you would simply hand in a decoy wallet with a small amount of coins for safety. Your real crypto balances would be stored in a cold storage medium (like a paper wallet) with an encrypted private key and hidden in a safe place away from prying eyes. If it were me, I'd simply write down the public and private keys into a very small piece of paper, and then hide it behind something that no one would notice. If you do this, then it's practically impossible to lose access to your funds (unless you forget where you hid your piece of paper). Therefore, it all depends on what methods a specific person uses to help protect his/her hard-earned cryptocurrency funds.
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Dondisimo
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August 28, 2018, 08:29:04 PM |
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All my crypto currency savings are stored on an offline wallet that looks like a flash drive. And this device is permanently stored at my home. It seems perfectly safe to me.
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nCent
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August 28, 2018, 09:08:56 PM |
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it's a must imo, you need to stay safe in this market.
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Naughty Princess
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August 28, 2018, 09:22:49 PM |
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I am keep my wallet safe from hackers. Other wise i am lost my all coin. I am write my password and private key in my not book. If my laptop will hack although my wallet will safe.
It is depend on us how we gonna save out own keys. Sometimes, we share our private keys to other without being notice. Be careful not to lost your notebook and do not tell any one that you used it for that. They will be curious and wanting to get it from you. Even you are safe to hack over the network, it is more easy to get it from you of the person you know.
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OSEIBOATENG
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August 28, 2018, 09:32:49 PM |
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I have my wallets backed up on my hard drives and also on my perceives and I really keep them safe so that people cannot get access to it. I really protect my wallets physically.
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Gankstard
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August 28, 2018, 09:59:20 PM |
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I personally make backups of all my wallets on multiple USB devices. To be honest i think this is enough. Just need to make sure your passwords are secure enough to protect yourself from an easy bruteforce attack in case your laptop is stolen or comprimised. Aside from that make sure you always run a good antivirus and stay away from phishy websites and your good.
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DaWidyaa
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August 28, 2018, 10:26:03 PM |
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In my opinion, physical security is one of the additional security for your wallet, but if your physical wallet is just put on it is the same as lying, you also have to take care of it, you must be responsible for the security of the wallet.
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Wish 107.5
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August 28, 2018, 10:31:42 PM |
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I’m physically securing some of my coins in order to prevent of being hacked. Hackers are everywhere, we need to be careful and we should not easily trust.
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rmel0924
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August 28, 2018, 10:35:08 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I have my personal computer in the house and I save all my wallets their, I have also my copy stored in my usb so that I can have also copy when my wallets are erased in my personal computer. Only me and my kids are using my personal computer and nobody will touch it because there I did store my wallets and some of my personal passwords of my accounts.
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Tides_Network (OP)
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August 28, 2018, 11:24:14 PM |
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I’m physically securing some of my coins in order to prevent of being hacked. Hackers are everywhere, we need to be careful and we should not easily trust.
Keep your cold wallet away from the internet!
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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StephKram
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Most Advanced Crypto Exchange on the Blockchain
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August 29, 2018, 03:25:30 AM |
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I only use a MEW printout from an offline computer and keep the printout in my 8,000lb safe. I'm in a low traffic area and like the way I have it set up. I have been thinking about switching to the nano s but not sold on it yet.
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CRYPTOCIRCLEX | THE MOST ADVANCED CRYPTO EXCHANGE ON THE BLOCKCHAIN ✪╠════════════════════════════════════════════════════════════╣✪
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mob01
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August 29, 2018, 03:41:54 AM |
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I use hardwallet I just used it to store my coin securely I don't always carry it around. I think that would be enough for me to be ensure that is secure.
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Nexjr14
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August 29, 2018, 04:42:05 AM |
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If seen physically, I will say it's safe. But we also have to be more careful in storing personal files such as private keys and others. Because I think hackers are smarter than we think, so we must be careful when we are online.
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Spain2000
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August 29, 2018, 04:54:00 AM |
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All crypto has a virtual nature we can not hold it physically at home or somewhere other than online wallet and it is virtual currency so there availability and using through Internet is possible while many of the people are making high transaction without fear.
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Gaurav11kb
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August 29, 2018, 05:03:58 AM |
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All my coins are on online wallets, not on exchanges. I don't connect with any public wifi. I have 2 phones with internet and one internet dongle, so that I am never out of internet for any reason like network problem. I keep my private keys and 2fa backed up and encrypted and I think its enough.
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Tides_Network (OP)
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August 29, 2018, 06:03:28 AM |
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All my coins are on online wallets, not on exchanges. I don't connect with any public wifi. I have 2 phones with internet and one internet dongle, so that I am never out of internet for any reason like network problem. I keep my private keys and 2fa backed up and encrypted and I think its enough.
Even if you trust your online wallets, do you trust their third party services? Even blockchain.info had their DNS redirected at one point to a malicious party.
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ExhibitGap25
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August 29, 2018, 06:12:54 AM |
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Yes, and I always prefer best wallets in this purpose and I also suggest every one that if they want proper security of their crypro then they must choose hardware wallets because it is little expensive but very much safe.
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Tides_Network (OP)
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August 29, 2018, 06:38:56 AM |
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Yes, and I always prefer best wallets in this purpose and I also suggest every one that if they want proper security of their crypro then they must choose hardware wallets because it is little expensive but very much safe.
And make sure if you're going to get a hardware wallet, dont buy it from ebay! These types of things should never be sold used or refurbished.
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Klongkhunosi
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August 29, 2018, 08:10:47 AM |
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Physically secure means I think hardware wallet will be the answer. I always keep my hardware wallet in a locker.
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SofiaClarke743
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August 29, 2018, 08:37:12 AM |
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I keep it safe but if at the right time I will sell it. There are safe wallets depending on your needs.
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Tides_Network (OP)
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August 30, 2018, 03:56:37 AM |
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I keep it safe but if at the right time I will sell it. There are safe wallets depending on your needs.
In general, if you're about to sell it you don't need to keep that amount as safe. Thats where the hotwallet/coldwallet dichotomy comes in.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Sanu Simon
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August 30, 2018, 04:22:45 PM |
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The only way of securing bitcoin physically is just by safeguarding the paper wallet in a much secure manner. Until we have the paper wallet with the information recorded for the recovery of the funds our wallet is secure. If it is lost, someone might make use of our funds or it goes unused.
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tungaqhd
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August 30, 2018, 04:34:45 PM Last edit: August 31, 2018, 10:58:49 AM by tungaqhd |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I am using paper wallet, just backup your wallet, store it carefully and it is safe. Hardware wallet is also secure too but it is very expensive. I am still using online wallet and trying to improve the security everyday.
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BIOX
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August 30, 2018, 04:55:19 PM |
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Yes, I think that privacy and secure is an important issue for every crypto investor. We should keep our private keys and passwords in safety.
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niktuneable
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August 30, 2018, 05:22:50 PM |
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What you say is completely true, there are a lot of risks when it comes to storing crypto. What I do is just to write down my private key on a paper, but I just don’t write it exactly as it is, I change some letter/numbers with another ones, then I store that paper in a place that I consider secure. There are several ways to reduce risks near to 0, but it is imposible to be 100% secure no matter what we do.
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Thanushka47
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quarkchain.io
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August 30, 2018, 05:47:59 PM |
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I still use online wallets because I can't afford to buy a hardware wallet these days. But I know the risk of it and i don't want to lose my coins. So I hope to buy a hardware wallet soon to secure my coins.
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Saldom12
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August 30, 2018, 05:56:37 PM |
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Of course that is very important. Because guarding is very important for our lives, let alone keeping this coin cryptocurrency we must really pay attention and keep it safe.
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jak3
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August 30, 2018, 06:06:50 PM |
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well, I do not keep my physical devices secured and left them with a weak or maybe default password because I thought no one is going to care about what I do until recently my raspberry pi got hacked and because of it I have to reset my entire wireless networks including my shared folders :p. It gave me a lesson so I sent the hacker a friend request and now he is a tester on my networks.
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teamspike911
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August 30, 2018, 07:16:06 PM |
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No, I do not consider it necessary ... I do not have so much money in crypto-currencies, so that I start doing something similar) However I am sure that there are such people
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melch100
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Staker.network - POS Smart Contract ETH Token
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August 31, 2018, 02:41:08 PM |
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Of course that is very important. Because guarding is very important for our lives, let alone keeping this coin cryptocurrency we must really pay attention and keep it safe.
It's good for you and all the people here that securing their coins physically, time will surely come and this will be a big help in recovering your earnings. Maybe I should need to do this now.
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STAKER.network ] ━━ [ The Next Proof-of-Stake Smart Contract Token ] ⚁ 100% 1st Year Interest [ ━━ ] ⚀ Free Airdrops [
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DavidBolster
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August 31, 2018, 04:59:03 PM |
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First of all there is no physical subject is this crypto world and in the matter of security everyone believe on wallets and as much I know this wallets are very much secure.
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mooccowmoo
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August 31, 2018, 05:07:15 PM |
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I don't get a physical part because Bitcoin is digital and does not have physical characteristics. But to maintain its security, I take the precautions needed to keep my coins safe. Hackers or scammers will do anything to steal our coins.
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KagiSama
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August 31, 2018, 05:15:44 PM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I don't have any hardware wallet, but for my exchange wallet security, I used google 2fa authentication and I didn't connected my device into internet to keep it safe. and in my circle it's only few people know about crypto so I don't worry about that. what I was worried about was that my laptop had a virus due to visiting a suspicious website.
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sabihanazir
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August 31, 2018, 05:19:09 PM |
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I do not keep my coin physically because there is no physical subject is this crypto world. And I still use online wallets because I can't afford to buy a hardware wallet these days. But I know the risk of it and i don't want to lose my coins.
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beniesyde
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August 31, 2018, 05:21:38 PM |
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I keep my wallet and hardware devices safe to protect my coin from being hacked, but Until I saw that hackers could pass through the bitlock firewall. Today, security has become a very important issue.
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F_Ivanov1993_
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August 31, 2018, 05:56:24 PM |
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Taking care of your safety and the safety of your wallet does not mean being paranoid. Just need to protect your property.
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Sinancre
Newbie
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August 31, 2018, 06:10:08 PM |
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Of course, I keep my wallet and hardware devices safe, to protect my coin from being hacked. it is very important to keep your wallets safe and I always check everything.
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riyarana1123
Copper Member
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Activity: 126
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August 31, 2018, 06:49:37 PM |
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Yes,i do keep my coins physically secure from the hacker by put them in a hardware wallet with a private key and no one know the password of that key.
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♛ SATURN♛ Liquidity providerfor crypto markets Cross-chain Exchange & OTC trading Platform
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Tides_Network (OP)
Jr. Member
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Activity: 61
Merit: 1
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September 01, 2018, 05:08:21 AM |
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Yes,i do keep my coins physically secure from the hacker by put them in a hardware wallet with a private key and no one know the password of that key.
That's good but please do ensure that you have more than one copy of your private key, one single copy means a single point of failure.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Kekenapep
Jr. Member
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Activity: 84
Merit: 3
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September 01, 2018, 06:11:09 AM |
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My wallet is definitely secure as I put them in a hardware wallet,with a password that only me is privy to,i also try the backup wallet options. Security is now imperative in the cryptocurrency world as hackers are now everywhere.
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Pinkprint
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Activity: 28
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September 01, 2018, 06:13:49 AM |
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Always store your private keys and seeds in a safe, hardware.
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Market-desi
Jr. Member
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Activity: 202
Merit: 1
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September 01, 2018, 06:15:42 AM |
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of course, bro. I always try my best to keep all of my assets safe, bro. both physically and so on ..because my investment goal is to collect bitcoin and altcoin. after I get hard-earned then I will never give it to others without my permission, bro.
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🏦 PointPay 🏦 ⚡️ Welcome to the future of the BLOCKCHAIN-BASED BANKING ⚡️ ➡️ https://pointpay.io ⬅️
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kniheant
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Activity: 182
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September 01, 2018, 01:51:25 PM |
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for me,I use cold wallets, hard purses to secure my property, use it in a very safe way.
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Sofiyah
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September 01, 2018, 02:28:32 PM |
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there maybe some people who secure their coins physically, such as storing offline wallet or others because their coins are large and are expensive like bitcoin, they are secure because they are afraid of hackers. but I don't, I just save my coin in the MEW wallet, because my coin has no price and maybe nobody will steal it.
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Ividanik
Copper Member
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Activity: 205
Merit: 2
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September 02, 2018, 09:06:26 AM |
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I trust only in hardware wallets, so that's where I keep my coins. The only exception i take - when coins have to be sent to exchanges and are in use for trades, but when trade is over they go back to the hard wallet again.
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Glutius
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September 02, 2018, 10:07:34 AM |
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It is very unwise to keep your coins on the stock exchange. It is best to choose a good, proven wallet for storage. For me it's cold wallets, now I use Trezor and while I'm very happy with it.
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rtm125
Member
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Activity: 434
Merit: 10
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September 02, 2018, 10:14:03 AM |
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I, like many investors here, use hardware wallets that are currently the best in the market. This is when I recommended them here on this forum, and the best I found.
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Pyr3x
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September 02, 2018, 10:18:59 AM |
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My friend at the very beginning of my investment advised me a cold wallet, and for several months I have been using it. I have never had any doubts about my safety, and I hope that my coins will be safe in the future.
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Haliburton
Full Member
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Activity: 502
Merit: 118
Liberated Forever. Domesticated Never.
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September 02, 2018, 09:45:15 PM |
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I don't get a physical part because Bitcoin is digital and does not have physical characteristics. But to maintain its security, I take the precautions needed to keep my coins safe. Hackers or scammers will do anything to steal our coins.
In some point, Bitcoin is also physical if you manage to write the corresponding public/private keys within a piece of paper. The key here is to secure your coins as much as you can against hacks, or physical access (in case you store your coins in a paper wallet). By doing your own research across the web, you'll become knowledgeable on how to properly secure your cryptocurrency funds. Sure, hackers or scammers will devise ways on how to get access to your cryptocurrencies, but it would be up to you to maintain yourself updated about the latest threats. Personally, I try to read the news everyday related to the latest crypto trends. That way, I maintain myself informed about what are the hacker's latest moves to protect myself against them. By using an up-to-date antivirus and firewall software, a secure operating system like Linux, and verifying hashes when downloading the latest wallet version, you can keep yourself protected against hacks for good. This is even better if you only always use hardware wallets or wallets with keys that had been generated offline to keep hackers away from your funds. Be aware though, that there's nothing 100% secure in this life, and a small mistake from you, could cost you dearly.
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SistaFista
Sr. Member
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Activity: 1638
Merit: 251
Hexhash.xyz
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September 03, 2018, 06:00:11 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I believe keeping the coins physically secure means you need some place with a safe features to store your wallet information. A safety box is enough to safe a flashdisk or hardisk or hard wallet that contain your wallet information on there.
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Buttermellow
Member
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Activity: 462
Merit: 14
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September 03, 2018, 06:11:52 AM |
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We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
This is the difference between fiat money and the digital currency. The thief could not get the money from you if your money is in form of digital. However, if it is in physical form then it could be stolen once you leave your desk. It is really an advantage to put your money on digital system.
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abhi777
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September 07, 2018, 12:59:55 PM |
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I don't get a physical part because Bitcoin is digital and does not have physical characteristics. But to maintain its security, I take the precautions needed to keep my coins safe. Hackers or scammers will do anything to steal our coins.
I don't keep my coins too much. but I'm sure it will be fine with my coin. because I always open my account at any time. but I guarantee my wallet and security are locked properly.
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Destofe
Newbie
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Activity: 46
Merit: 0
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September 07, 2018, 01:04:38 PM |
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From now on i can keep my coins physically secure to my digital wallet . Because it can convert my coins into a physical cash.
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Triwiyono
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September 07, 2018, 01:23:29 PM |
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I keep it, but don't keep physically secure. I just save my coin be in the wallet, without giving any protection. I think if no one knows my wallet password, my coin will be safe from anything. unless my computer is hacked, it maybe lose everything.
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nehemiah31
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Activity: 41
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September 07, 2018, 01:29:49 PM |
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Yes because every cent counts.My digital coin is kept in a secure wallet.I do not let anyone know my wallet address because it can be hacked.We all need to take precautions in storing our coins.We will need it in the future.
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kucritt
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September 07, 2018, 01:47:59 PM |
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yes its hard to say, to save bitcoin in the online is very dangerous because of the scam and the hacker, but if you store your coin and other cryptocurrencies in the physic form its dangerous from the thief and the damage of the physic memosy, so what is the best place to save our coin?
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caideogivay23
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Activity: 11
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September 07, 2018, 01:51:11 PM |
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I can keep it safe, because I do not know the security code, so if my bitcoin is lost, someone else used some external software to hack my password. Or we accidentally forgotten the password itself to make the bitcoin immediate but can not use. Those are really very regrettable
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dekcutbusu33
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Activity: 166
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September 07, 2018, 02:24:05 PM |
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Yes, of course, physically I have hidden it, but when I put it on social, I have to put some authenticaton like google authentication or a stop sms. Because this wallet is trusted and tested, that's why I'm not worried.
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rudox
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September 07, 2018, 02:37:32 PM |
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Anything online is lace with security risk and this includes our wallets containing our coins or token. There are some measures taken to increase the security level of the wallets so it is left for the wallets ownes to accept these measures because they are not always mandatory.Some of these measures includes incorporating goggle 2FA, email notification and confirmation and sms code notification.
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breadwinners
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Activity: 20
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September 07, 2018, 02:40:27 PM |
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many of us still keep our coins on our own devices
I believe they do it for a reason. Maybe they're trading rather than hodling, then they might find it more comfortable to keep their coins on their devices. Otherwise, it's too risky, I guess. I for one, keep'em in a cold wallet. That's the only way to have a good night's sleep
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Tides_Network (OP)
Jr. Member
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Activity: 61
Merit: 1
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September 07, 2018, 05:36:57 PM |
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many of us still keep our coins on our own devices
I believe they do it for a reason. Maybe they're trading rather than hodling, then they might find it more comfortable to keep their coins on their devices. Otherwise, it's too risky, I guess. I for one, keep'em in a cold wallet. That's the only way to have a good night's sleep Its understandable to keep some amount of coins on an exchange, as long as you treat it as a hotwallet and understand that those coins are at risk and may be lost through no fault of your own. The coins on your own devices, are kept safe by you and you don't have to trust third parties.
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ICO-free decentralized health insurance project https://t.me/tidesnetwork https://www.Tides.Network
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Tran Dinh Nam
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Activity: 70
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September 07, 2018, 06:23:44 PM |
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I think it's all solved by a cold wallet such as LAGER NANO or TRESOR. and then you can leave the laptop on the table in the Starbucks as well as before.
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nussy
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September 07, 2018, 06:37:45 PM |
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You need to take precautions with any devices you access your wallet with. Apart from making sure your wallet is secure with 2FA and other security features, you also need to keep your devices to yourself. Any devices you are using, you should be the only person that can access it at any time. Is not been greedy is about securing your entire life investments and we try to put everything into it to make it secure.
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f12345
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September 07, 2018, 06:41:59 PM |
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Cool wallet for bitcoin Bc its waterproof wallet which keeps access to your cryptocurrencies 100% offline. No matter how vulnerable your network connections, your private keys never leave the CoolWallet device. Its OTP system allows users to sign their transactions offline. The CoolWallet is a credit-card shaped device which perfectly fits into your wallet.
Ledger nano fr everything else Its definitely worth $$
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