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Author Topic: Safety of your private key  (Read 17665 times)
CryptoBry
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September 23, 2018, 02:04:54 AM
 #21



Have a great day to you sir! I was a newbie too maybe two years ago and sadly I was one of the many who had been victimized by phishing. The phisher got me via an email supposedly from the Slack site and I was then naive to think that it was all real so I log-in my MEW using the link that phisher provided...it was only weeks later when I opened back my MEW that I realized that all of the tokens/coins I bought and got from bounty hunting were all gone to the hands of the phishing attackers. I was then shocked but just like the many here there was nothing I could do but cry a little...then of course I learned the many big lessons that a newbie should realized: that here in cryptocurrency nothing can be safer and you could never be more careful as scammers and phishers are way ahead more advanced than us and the safety nets we are providing.
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September 23, 2018, 02:09:02 AM
 #22

it's true, bro, the private key is only for ourselves, never give it to anyone, because that is your heart.
we do not easily trust the people around us, because not necessarily they really can keep our secrets
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September 23, 2018, 02:15:28 AM
 #23

It truely our responsibility to take good care of our private key , because once it will be known by others or hackers from this phising sites then your wallet will be no more , the myetherwallet always reminds us the proper and what to so do to make your wallet private key be safety ,so it is your own personnal move to maje your private key the safest way to store and keep it.

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September 23, 2018, 02:21:59 AM
 #24

it's true, bro, the private key is only for ourselves, never give it to anyone, because that is your heart.
we do not easily trust the people around us, because not necessarily they really can keep our secrets
Most of the time that is not the case though, criminals in the internet over targeting people and trying to steal their important data and private key is also one of them.
You can see that most of people who loses their coin is not handing away their privkey but got phished, people just need to be really aware about the importance of their private key

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September 23, 2018, 02:28:40 AM
 #25

If you are just using an android phone or a mobile phone, keeping your private key on your phone doesn't guarantee it's safety. It is wise to copy it literally, i mean jot it down on a piece of paper and secure it's safety from a hidden place where only you could know where it is.
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September 23, 2018, 02:33:18 AM
 #26

yeah, of course you are right about that.
it's hard to trust everyone even though it's our own mentor, we just keep storing the private key as our own secret.

only we are allowed to know it, and the most important thing is that we also cannot go into a site that is not safe there is a possibility that they can copy our private key. i only give advice.
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September 23, 2018, 03:00:08 AM
 #27



Have a great day to you sir! I was a newbie too maybe two years ago and sadly I was one of the many who had been victimized by phishing. The phisher got me via an email supposedly from the Slack site and I was then naive to think that it was all real so I log-in my MEW using the link that phisher provided...it was only weeks later when I opened back my MEW that I realized that all of the tokens/coins I bought and got from bounty hunting were all gone to the hands of the phishing attackers. I was then shocked but just like the many here there was nothing I could do but cry a little...then of course I learned the many big lessons that a newbie should realized: that here in cryptocurrency nothing can be safer and you could never be more careful as scammers and phishers are way ahead more advanced than us and the safety nets we are providing.
advice that I can give with the experience I have done, never trust any link, especially if it leads to the opening of the wallet. and always make sure to bookmark the website address that you think is very important and privacy, because it prevents you from theft link

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September 23, 2018, 03:27:17 AM
 #28

It is very common to keep your privatekey safe, because if you lost it somewhere else or anyone get know about it, all your coins will turn into nothing. No one wants to lost any single piece of his precious coin, so stay safe and keep going in crypto world.
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September 23, 2018, 03:37:47 AM
 #29

It is your responsibility to protect your private key because that is your money ahead of the distribution and your investment coins. It can only be shared to your private key to your spouse for the security purposes and the development of your coins for many possibilities of updates when it regards to the trends.
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September 23, 2018, 03:44:25 AM
 #30

Well your wallet is where you keep your coin safe and it always important to protect it
 One of the best way is to protect your private key never give it out to any one even if it's your mentor that is very important
 This is for new guys like me
Save your private key in flashdisk that not used when you not really urgent to use it. Save it into 2 - 3 flashdisk so you can back up whenever lost 1 of them. If you use private key, keep aware on site that you input.

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September 23, 2018, 03:54:09 AM
 #31

It is certain, we must have our safety private key so that there will be no theft by hackers again.
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September 23, 2018, 03:57:04 AM
 #32

Well your wallet is where you keep your coin safe and it always important to protect it
 One of the best way is to protect your private key never give it out to any one even if it's your mentor that is very important
 This is for new guys like me

When you are a newbie and it is new for you to create a new wallet, it is good for you to know the safety of your wallet, from checking how legit the wallet link is upto how its really works, aside from that it is very normal to us to keep it safe and do alot of back up of it, also by keeping the very important private key to secure all you future coins on it. Just remeber all things that related in crypto has need to be backed up for more security purposes.
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September 23, 2018, 03:59:48 AM
 #33

Keeping safe private keys and passwords of wallets are vital, else you will be hacked. You can use paper wallets, cold wallets or else bookmark the genuine site of the wallet and access the wallet by using the bookmark. Best is to use hardware wallets if you can, but there is a limitation of type of coins one could store.

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September 23, 2018, 04:03:50 AM
 #34

Well your wallet is where you keep your coin safe and it always important to protect it
 One of the best way is to protect your private key never give it out to any one even if it's your mentor that is very important
 This is for new guys like me

Also keep backups of your keys/wallets in a very safe place.  If you ever need to recover your keys this will make it so much easier and better.  You basically need a disaster recovery plan.
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September 23, 2018, 04:04:32 AM
 #35

Well your wallet is where you keep your coin safe and it always important to protect it
 One of the best way is to protect your private key never give it out to any one even if it's your mentor that is very important
 This is for new guys like me

It is just like password so why you need to give it to someone else?  There are too much kind of wallet but I think if you have a huge amount of token, just divide it into different wallet if you scared of losing it.  Just save your private key because there are no back up when you forget that.

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September 23, 2018, 04:05:23 AM
 #36

yes, that's right . Your private key is a your home key so if you lose your home key , the thief will enter your house and take your money away.
You should check your site carefully before put your private key in . Losing your private key losing your money .

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September 23, 2018, 04:09:31 AM
 #37

Keeping safe private keys and passwords of wallets are vital, else you will be hacked. You can use paper wallets, cold wallets or else bookmark the genuine site of the wallet and access the wallet by using the bookmark. Best is to use hardware wallets if you can, but there is a limitation of type of coins one could store.

We usually get hacked once we got visited unknown sites or person asking our private keys. Having a bookmark will be a huge help to prevent from losing our wallet keys.  So we should be cautious and always have a check before going anything. It is most important also not to engage transactions asking for our wallet keys cause it might be a scam.



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September 23, 2018, 04:11:45 AM
 #38

I suggest if you have more money to buy trezor or nano-s wallets because this really helps us to use them and also guarantees the security that is in our assets.

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September 23, 2018, 04:20:26 AM
 #39

Just keep your coins in your wallet, add it to your browser's bookmarks, and go to the purse only if necessary, and there will not be problems.
Password should be large enough, have special characters to ensure the safety! But it is important that you remember the password. If not! all are useless!
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September 23, 2018, 04:21:23 AM
 #40

Of course, you should NEVER give your private key away for any reasons.

To keep your private key safe, I wouldn't even recommend you take a photo of it, and store it in your phone. Neither would I recommend you to keep a copy in Evernote, Outlook or Gmail.

The best way is still a pen and paper. Write down your private key and keep it LOCKED up. If you want to take further precaution, you could purposely omit 1 or 2 letters out, and keep it remembered in your mind. (Which is what I'm doing). This is to ensure that even in the scenario someone manages to get the key and unlock the safe, your funds would still be safe.
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