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Author Topic: Do you keep your coins physically secure?  (Read 1370 times)
ClintonJ
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August 09, 2018, 10:38:50 AM
 #161

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
 #162

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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August 09, 2018, 11:03:54 AM
 #163

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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August 09, 2018, 11:28:02 AM
 #164

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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August 09, 2018, 12:14:03 PM
 #165

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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August 09, 2018, 12:28:03 PM
 #166

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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August 09, 2018, 12:42:56 PM
 #167

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
CoonSoon
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August 10, 2018, 06:49:07 PM
 #168

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.
BookssWorms
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August 10, 2018, 07:13:15 PM
 #169

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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August 10, 2018, 07:53:43 PM
 #170

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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August 10, 2018, 08:47:06 PM
 #171

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.

ButcherBRO
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August 11, 2018, 03:50:17 AM
 #172

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.

edsnowangel
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August 11, 2018, 04:17:08 AM
 #173

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.

sd
EdwardClinton
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August 11, 2018, 05:52:42 AM
 #174

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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August 11, 2018, 06:28:47 AM
 #175

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

sd
snowyy
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August 11, 2018, 05:13:15 PM
 #176

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.
ngusmin
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August 11, 2018, 05:23:59 PM
 #177

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
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August 11, 2018, 08:44:45 PM
 #178

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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pat4cryptoreal
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August 11, 2018, 08:53:50 PM
 #179

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.
anatolykarpov
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August 11, 2018, 08:54:51 PM
 #180

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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