Safety of your private key

[StarofBTC]

Of course, the person that is giving their private key to other users is stupid enough. Make sure to treat your account carefully and if possible, never expose it online.

Possibly, a lot of people do not understand the importance of the word private, which makes it not to be for the public eyes and in short, its safety is totally dependent on you and how you store those private keys.

This is the main reason I always say that rather than putting your private keys in different places, it is always better to at least get a hardware wallet for cold storage as the private key is stored on the device. In that case at least, you have your full control. Also, asides that, you really need to be watchful where you are entering your private keys in most times.

[1714662736]

1714662736

[doroshok2]

Of course, protecting your savings is a very important point. And I only have a few suggestions. Do not keep all your money in one wallet, do not use the same passwords and do not go there very often, only if necessary. But all these are simple tips, and if you are very worried, you can pay for good protection.

[cafee_orange]

storing Private keys is very important to keep our funds stored, I have lost my ETH in 2017, it's not because my private key is known by my friend, but because I have included my private key one of the phishing websites, so all my funds are lost, Hopefully my experience can you take the lesson.

[Furious 7]

storing Private keys is very important to keep our funds stored, I have lost my ETH in 2017, it's not because my private key is known by my friend, but because I have included my private key one of the phishing websites, so all my funds are lost, Hopefully my experience can you take the lesson.

this happened because of carelessness, and I found many similar cases. I recommend securing your important files on several devices including Google Drive or HDD so that your files are safe.
this must be done regularly.

[brocardinf]

In the crypto world you are responsible for everything. No one will promise you 100% security, and if they are - it's scammers. Don't trust them.

[acmakc12]

This is really a problem, I am of the opinion that it is impossible to store all of your assets in one wallet, it is better to have several addresses.

[akram143]

Of course, the person that is giving their private key to other users is stupid enough. Make sure to treat your account carefully and if possible, never expose it online.

Possibly, a lot of people do not understand the importance of the word private, which makes it not to be for the public eyes and in short, its safety is totally dependent on you and how you store those private keys.

This is the main reason I always say that rather than putting your private keys in different places, it is always better to at least get a hardware wallet for cold storage as the private key is stored on the device. In that case at least, you have your full control. Also, asides that, you really need to be watchful where you are entering your private keys in most times.

When comparing this to the normal time it will be very very helpful to be safer and good way to make more safer business otherwise it will also be a very good way to do some of the businesses like this that's why I hoping it will be very useful thing for us.

[Lyd]

I am keeping my coins in a wallet so for sure there is not a risk holding them there as long as only I know where my passwords are and my private key is really private

[BillieCrypt]

It is best to select a separate device for working with cryptocurrency wallets, which will be used only for this. It is very easy to do by buying the cheapest smartphone and installing a wallet and two-factor authentication on it.

[rumexx]

Your private key is the key to your bank so guiding jealously  and  it is not a misplaced priority. The private key is so arranged that once your private key is compromised then the hacker or the thieve has taken over your wallet and can come in any time and goes out anytime. Infact you are no longer the owner of that account. The need to protect your private key is not overemphasized because that is your bank where you keep your fortune. Never give out your private key for any online  transaction. There are scammers sending  message on the forum about a project that will  soon pay, informing their victims a  to click a link to finish their registration. Do not click any link.                                                                                 

[rickyis786]

There is no dought, wallet key is very important to keep your vital information. if  you loss  then somebody stole your digital currency. so always safe your
private key and protect your digital money.

[JuliaJi]

also better to keep it out of computer, better to save in flash drive , and when you enter the wallet choose any another way then private key

[feelideb]

Private key to your wallet is not a matter of discussion, it is practically a no go area! If somebody is initiating discussion into private key, you should know that person is a scam from get go!

[ui_zakharchenko]

I keep my private keys on a flash drive, and I gave the flash drive to my lawyer. I think even if they want to find me, I can't give them my money.)

[killat]

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

If you're using a wallet based in private key (Myetherwallet, Metamask etc) the safest is to archive with password the file containing your private key and, if course, not to holding it on online platforms (e-mail, google drive etc).

Personally, I'm a big fan of cold wallets. I bought a Ledger Nano S, it has no private key, funds cannot be stolen from here and this is definitely the safest solution existing today. (It costs ~100$, but it worths every single penny  )

[Krassows]

Yes, this is indeed very important to do for you to store your personal belongings, do not let the secrets you know by others, you must be good at keeping your assets

[Alpha0One1]

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, protect your passwords too. As for private keys, you may save these keys into two usb and store them on two different secured locations.  Remember to make the file encrypted with strong password.  If anyone found the usd, the encryption will save your data from being open and stolen.

Same here, always encrypt the file that contains your private keys stored in USB's.
If you can get a hardware wallet like Ledger or Trezor, even better.

[kicauklaten]

the private key is the entrances of the wallet. When this can be accessed by others then surely what is in the wallet will be lost completely. do not store it in the site online because it will be very prone to hackers who will indeed roam free enough. but certainly, also don't get too tightly keep because even if missing then it will culminate in not usually opened the wallet as well.

[baigreen]

  Well, about my key no one knows. Does not have access to my key. This is a risk reduction. Even friends do not know that I am fond of cryptocurrency. Safety at the highest.

  I also use USB with encryption, they give maximum protection.

[iwamoto77]

The easiest way to protect private keys is to save it to USB flash and set a password.Still be sure to ensure that you do not end up on a phishing site.Your attention, your safety.