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Author Topic: Safety of your private key  (Read 17665 times)
Ariess
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September 23, 2018, 04:38:58 AM
 #41

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


I think everyone knows it very well, so it's not the knowledge you share.
I just want to suggest, if you have lots of tokens, you should use hardware because it's safer than any wallet.
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September 23, 2018, 04:52:19 AM
 #42

There is a lot of things that possible to happen to your wallet if you are not carefully safeguard your pc, hackers are advance thinkers, try to avoid installing unfamiliar software or crack tools that contains malware or spyware that can steal your keys and don't forget to install antivirus and anti spyware to your pc at first.

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September 23, 2018, 05:04:46 AM
 #43

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
Indeed and never be fall on the sugar coated words of the others because this is one of the main reason why others gave their key on the other person because they are deceive by the fake promises of the other like they gonna transfer some token in you account etc. that is why they give their key on it. So maybe the best way to rid this kind of act is to be smart so that you will have no regret in the end.
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September 23, 2018, 03:06:33 PM
 #44

You have to keep your wallet address and your private key separately, just in case someone find it and try to access it for their own. You can ask your family member to keep it, like your mother or brother and sister. I can't guarantee it's the safest place, but at least it's safer than the computer.

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mmo_online_1981
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September 23, 2018, 03:17:02 PM
 #45

I always use personal information as well as privacy of all the holding altcoin! Losing a private key will lose everything! Caution is always successful
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September 23, 2018, 07:28:17 PM
 #46

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

I think the best solution is to have a dedicated PC or a notebook for keeping private keys and to use that PC just for making transactions. Also I can intimate you that it would be better no to use Microsoft Windows because this OS is quite vulnerable for viruses. If you are familiar with Linux it would be better to use namely Linux because Linux is more suitable and safer for keeping private data and making transactions.

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Clark05
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September 23, 2018, 07:35:32 PM
 #47

Saving a private key to the place that you only knows like files and documents you can hide it. But what if you die the coins or the money on that account is useless so I think they need atleast 1 person who are your family member that you can really trust that you know what is cryptocurrency and know how to exchange the coin incase of emergency.
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September 23, 2018, 08:49:53 PM
 #48

Saving a private key to the place that you only knows like files and documents you can hide it. But what if you die the coins or the money on that account is useless so I think they need atleast 1 person who are your family member that you can really trust that you know what is cryptocurrency and know how to exchange the coin incase of emergency.
I don't think that's gonna help you in an emergency. Yes and at all as you can help the other man? Unless you only lose your password or key, but your friend has it.

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September 23, 2018, 08:57:03 PM
 #49

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
The easiest way is to keep your computer clean and not load strange applications. It can take control of your computer and take over private keys if you store it there. Most hackers use this method to steal user information
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September 23, 2018, 09:22:09 PM
 #50

In order for hackers not to crack your wallets you need to be careful when surfing the Internet. There are a dozen of ways
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October 03, 2018, 09:19:06 PM
 #51

The safety of your private key is very important. We have seen a lot of persons lose some funds not cos they got scammed or anything, but cos they lost their private keys and lost access to their accounts. This is why it is advise that while you might want to keep it secured from others, also make sure that you keep it somewhere that is easily accessible to you.
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October 03, 2018, 09:27:11 PM
 #52

Its an absolute truth that someone must safe private key very and must not be given to someone else no matter how. I think the safety way to keep coin is by using hardware wallet. Once you have your hardware wallet, you have absolute control over your fund.

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October 03, 2018, 09:44:58 PM
 #53

In order to safely store my cryptoactives, I would advise using hardware wallets such as Trezor, Ledger ... I personally use the Ledger Nano S wallet, it supports more than 30 cryptocurrencies. When you use a hardware wallet, your private key, which grants access to your coins, is never displayed and is protected on a chip blocked by a PIN.
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October 03, 2018, 09:49:17 PM
 #54

Really important thing to secure private key and also important to make backup of the private key also. Don't share with anyone is just normal thing. Even it's also good we store our private keys in the encrypted file in our system.

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October 06, 2018, 02:31:54 PM
 #55

Hardware wallets is the best option . I had always thought they were silly toys. Boy was I wrong. They are the Holy Grail of Bitcoin storage and use.There are three main hardware wallets worth looking at: Trezor, Keepkey, and Ledger Nano S. They all do the same basic thing, but in different ways. They create the cryptographic private key on the device itself. This takes all the concern about hacking and trojans away.
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October 06, 2018, 02:45:02 PM
 #56

In order for hackers not to crack your wallets you need to be careful when surfing the Internet. There are a dozen of ways
Regarding privatekey, as far as I know hacker will not trying to crack your private key like it's an encrypted data but instead they will lure you to give them information through some kind of phishing website, so many people already got caught into this trap and it's a must for people to always recheck the website they were in.

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October 06, 2018, 02:55:11 PM
 #57

In order for hackers not to crack your wallets you need to be careful when surfing the Internet. There are a dozen of ways
Regarding privatekey, as far as I know hacker will not trying to crack your private key like it's an encrypted data but instead they will lure you to give them information through some kind of phishing website, so many people already got caught into this trap and it's a must for people to always recheck the website they were in.

Fully agree with your statement. Now, the attackers realized that the deception with the introduction of Privatekey was no longer working and transferred all their forces to the creation of phishing sites that receive your information, which further leads to the theft of funds from wallets.

Guys, VERY CAREFULLY see links to sites where you go.

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October 06, 2018, 03:16:12 PM
 #58

The private key needs to be hidden well. I store it on several USB sticks in different places. Still I write down on paper and I hide to the house

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October 06, 2018, 03:18:02 PM
 #59

Keep the private key very safe and private to anyone.
This will be the key on your wallet.
the private key is the most dangerous thing regarding in safety of your wallet.
make sure to have it on your own. never lose it also.
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October 06, 2018, 03:44:54 PM
 #60

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
I would recommend you to have used the MEW wallet. These wallets have a very strong platform and You can easy to save the coins/tokens for the long term.
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