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Author Topic: 10 Best Ways To Keep Your Cryptocurrencies Safe In 2019  (Read 481 times)
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February 16, 2019, 07:11:25 AM
 #21

Securing crypto assets is very simple.
Choose the best digital wallet like MEW and store the Private Key properly, not to give it to someone else.
Avoid web pishing.
Don't choose an exchange with a bad reputation because it will potentially be a scam.

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February 16, 2019, 11:20:33 AM
 #22

I protect my cryptocurrencies by bookmarking the official website when I visit, not clicking strange links, scanning the virus once a week. I still feel safe and do not lose any token or coins.

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February 16, 2019, 12:52:43 PM
 #23

Keep private is safe (do not share your private key)
Prefer using Non-custodail exchanges like Changelly, Coinswitch etc.
Prefer platforms that do not ask for my personal documents (i.e., no KYC)
Enable 2FA
Store my funds in hardware wallet

These are few rules that I follow.

Keeping your private key to someone is the basic way to keep your cryptocurrencies safe and secure. All of my funds are in my hardware wallet which is ledger. Do not keep your funds in a exchange wallet and do not click untrusted link.
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February 16, 2019, 01:07:02 PM
 #24

Cryptocurrencies are much safer than banks. Remember in2008 during financial crisis when bankers waited in queues to get money from the bank to kkep their money safe? In cruptocurencies you just need to understand technology and dont get scamed.
No, the bank is still safer than cryptocurrency after all. You won't have to worry too much if you send money to the bank, you only lose money when the global economic crisis happens and it's very hard to happen in this era.

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February 16, 2019, 01:23:44 PM
 #25

Security is very important and hackers are always ready to steal our coins that's why I use only hardware wallet to protect and store my coins. I use exchanges only to buy and then instantly withdraw to my hardware wallet... in that way I never had a problem.
That is right. Without security, the prospect of your investment in any of the asset could be blur.
I believe that mindset is the best thing one can have to keep the investment secure. If one knows about the possible threat that could take place in future and destroy his investment in a particular coin, he would never invest there.

For example, if you invest in Bitcoin, you are not as vulnerable to a hack as someone who invest in a token issued by any company.
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February 18, 2019, 04:30:39 PM
 #26

Bitcoin and cryptocurrencies have earned a reputation to be prone to scammers and hacks. Right from big exchanges hacks that have resulted in hundreds of millions of dollars worth of crypto being lost to Twitter impersonating scammers trying to lure new investors to send them their tokens with the expectation of getting more, there have been many instances that justify the popular belief that it is unsafe to keep your tokens online. Since there is no middle party like a bank to guarantee the security, users must learn how to secure Bitcoin and other crypto tokens.

To understand the security of a cryptocurrency, we need to understand how the ownership works.

Read here to know in detail: https://coinswitch.co/news/10-best-ways-to-keep-your-cryptocurrencies-safe-in-2019
I only agree and believe that storing the safest coins is only on hardware wallets, now it is very prone to save in an online wallet because it is still directly related to computer activity, viruses can come suddenly without us knowing it so that all private keys have been hacked without realizing it I have experienced this incident
I noticed that in recent times, even wallets there were previously made for just one coin has now been modified to accommodate others as well, one prime example of such is the Blockchain wallet, they started with bitcoin, now they accept Bitcoin Cash, Ethereum and even Stellar.
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February 18, 2019, 04:34:13 PM
 #27

Only thing I have to say is not to keep any of your coins in exchanges. I lost $400 when Cryptopia went down.

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February 18, 2019, 04:52:58 PM
 #28

Bitcoin and cryptocurrencies have earned a reputation to be prone to scammers and hacks. Right from big exchanges hacks that have resulted in hundreds of millions of dollars worth of crypto being lost to Twitter impersonating scammers trying to lure new investors to send them their tokens with the expectation of getting more, there have been many instances that justify the popular belief that it is unsafe to keep your tokens online. Since there is no middle party like a bank to guarantee the security, users must learn how to secure Bitcoin and other crypto tokens.

To understand the security of a cryptocurrency, we need to understand how the ownership works.

Read here to know in detail: https://coinswitch.co/news/10-best-ways-to-keep-your-cryptocurrencies-safe-in-2019
I think the most important thing that would keep it safe to keep cryptocurrency in a cold wallet and take the time to buy that would avoid losing money. You need to buy parts, confident and not afraid that the asset that you buy will fall in price. A year or two and everything will be fine.

Multi wallets are great because of convenience especially if you are someone who always makes transactions with different kinds of coins.I agree and the official wallet is the main choice that I always use, because it is more supportive for the coin itself and also does not need to pay for it. But everyone has their own choice and convenience for the wallet they will use.
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February 18, 2019, 08:05:21 PM
 #29

Nothing beats using paper wallets with QR codes. Better yet is to split the private keys into two and then re-combine them if you plan to spend. Don't get phished!

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February 18, 2019, 08:05:47 PM
 #30

Risk has always in online transaction or BTC, ETH and Ripple coin. To keep safe your Cryptocurrency use software wallet metamask and MEWconnect, hardware Trezor and ledger wallet.
Hardware wallet are best in terms of security of cryptocurencies. Online transactions are safe if you know what you are doing,this idea is almost applied to all online actions imo. For newbies accepting decisions based on trading  activity should consider the safety first later he can think about profits.
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March 01, 2019, 12:27:05 AM
 #31

the most important thing is that we have to be careful with phishing sites that allow us to import our private key and then we are tricked by them.
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March 01, 2019, 02:14:18 AM
 #32

2Fa is very important to secure your accounts. I remembered I have this one wallet and they're trying to hack my password. An email warned me that someone is trying to open my account with a different IP address including their country. So, I immediately install google Authenticator for security purposes.
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March 01, 2019, 02:33:21 AM
 #33

Best way how to keep your asset is safe on your wallet is always keep hold id on offline wallet like using nano ledger, you can hold or safe your balance on exchange wallet but always keep use security added for your account.

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March 01, 2019, 02:46:40 AM
 #34

I think safety can be started from our self to prevent all the possibilities that we could get scammed.
For example, to be always to double check every website or something like it before we access our fund using private key or any other personal data.
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March 01, 2019, 02:47:17 AM
 #35

This is for sure that everyone will want to keep their coins safe, just like how you keep your valuable safe. There are a few things I will follow which are:

1) Never reveal private keys
2) Bookmark the crypto websites
3) Use a hardware wallet
4) Always think twice when there is a good offer or freebie.
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March 01, 2019, 02:47:38 AM
 #36

For every cryptocurrency platform I use, I always ensure that there is optimum security, not just by the platform itself, but that I also personally do what I can in my capacity to ensure that my assets are safe. An example of such is putting up 2FA factor in securing whatever it can work with. Also I try as much as possible not to disclose anything private to a third party.
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March 01, 2019, 02:53:50 AM
 #37

Best way how to keep your asset is safe on your wallet is always keep hold id on offline wallet like using nano ledger, you can hold or safe your balance on exchange wallet but always keep use security added for your account.
Yes, that is indeed one of the best ways to save your wallet, choose a safe wallet so that the assets you have are well preserved so you don't need to panic your assets will be lost, because they have been placed in the right place

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March 01, 2019, 03:04:07 AM
 #38

The essence of the article is how to maintain the security of assets that we have by storing them in a secure wallet. Very good to be used as a reference for beginners, so they can maintain their assets properly. If it relates to assets, make sure you have a backup key and make backups on several media. Make sure websites that you use often are safe, not phishing, bookmark important websites that you often use to transact.

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March 01, 2019, 06:10:25 AM
 #39

I think the security of the crypto assets we have depends on how we store them. basically the privatkey key is held by our own hands and of course losing the token in the wallet not far from the holder unless we save in the exchange the opportunity to be hacked there is, it is important to always maintain the assets that we have.

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March 01, 2019, 07:28:08 AM
 #40

There is no secret. Cold wallets and make some backups and always leave them organized and clean these wallets.
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