How do you protect your digital coins?

[CryptoBry]

In case a person has a sizable holding of digital assets, the best and the safest is to use hardware wallet. However, for people like me which only got some residual amount, then maybe the best way is to choose a good wallet and never ever share the private key. As to exchanges, choose the top ones which can guarantee of a refund in case of hacking. Another thing is to never download any wallet especially from unknown sources as hackers and phishers are using this trick in order to get into your private keys and passwords. The recent hack of Binance is making shock waves all this industry and is telling us that not even a big company like Binance is actually safe as the incentives to break the hull is quite huge.

[Ayiranorea]

Every wallet of mine is enabled with 2FA, but now with the recent hack of Binance even the 2FA has gone into discussion. Even after enabling 2FA I use the verification through email. This seems to be more secure than just having 2FA or just the gmail verification. With cryptocurrency protection is a big issue, however quite often this is getting a big problem to the cryptocurrency network.

[Astvile]

Storing them on a wallet is the only way we protect our digital coins,in my case  I have mine on private keys and hardware wallet which i then store all together in my closet to make it more secure.Having me myself hold my coins making me feel comfortable instead of storing it on an exchange

[newgal2017]

There's a lot of ways in order to protect your coin as an investor of a cryptocurrency, we have our own ways to do it and I'm happy to share mine:

1. Never let your coins stay to any exchange (Even the top exchanges) since all of them are highly targeted by scammers/hackers.
2. Never ever believed to any promo/s in the email about free shits (There's no free in this world)
3. Use a Hardware wallets such as (Trezor, Ledger) and if you don't have any budget you can print a paper wallet and store it there and place your paper wallet to bank,Vaults or any safe place you know)
4. Never give or share the address wherein you place your coin. (Just to be very safe)
5. Never ever give to anyone your private key and protect your PC/Laptop using antivirus or malwarebyte softwares.

[Eraldo Coil]

I really don't have any high technology paraphernalia in order to protect my funds or digital coins. That is why I always store them in the safest sites possible. The only thing I always do is whenever I trade, I don't store it to the places where it can possibly get hacked. For example, exchange sites and I don't even let it stay for a long time in MEW. But having a thing like ledger is surely great.

[BrewMaster]

Every wallet of mine is enabled with 2FA, but now with the recent hack of Binance even the 2FA has gone into discussion. Even after enabling 2FA I use the verification through email. This seems to be more secure than just having 2FA or just the gmail verification. With cryptocurrency protection is a big issue, however quite often this is getting a big problem to the cryptocurrency network.

if your coins are stored elsewhere in some server owned by a third party that you only have a username and password and 2FA then it means you do NOT have a "wallet", you only have some IOUs in an account controlled by that third party. the security of your coins and the guarantee of conversion of those IOUs to real bitcoin is at a high risk anyways having 2FA is not giving you that much security in this case!

[Bitkoyns]

cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

there were lots of wallets to be choose from, like using trezor,coinbase, mycelium and etc which can be used for storing your digital coins, those wallets are well known and already prove themselves in terms of security so you can use them.

[incomefromcoins]

after binance hack, I strongly follow hardware wallets like Ledger to store coins which is safe in current market conditions

[tegarp90]

cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

Offline wallet is the best way to secure digital wallet.
But we don't have one yet, we should activate 2FA on every wallet we have and be careful about surfing to any crypto website they could be place a virus to track our information

[leps]

As I see it, the two best ways to store your digital coins/tokens is to use a hardware wallet like a trezor wallet or ledger nano S/X or to make a paperwallet. I believe that there are services that can make paperwallets for all coins even erc20 tokens but i cannot confirm 100% if this is true. If someone can confirm this, I would appreciate it.

[Yamifoud]

We consider our digital coins as an asset, it has a huge value that is why we should need to take good care of it.
It is usually we stored it in cold storage and sometimes in hardware wallets but it is not 100% guarantee that we already escaped from hackers and we are lucky enough not to be their target at this time. They are capable enough to get rid of our keys and get access to our coins, it may only happen if we are messy enough in handling our keys or have a mistake in visiting phishing sites.

[finaleshot2016]

I have safe storage of my keys and I'm the only one who can open it. As long as it's not being uploaded or sent into the internet, your keys will be safe 100%. Keys are treated to be your valuable things so I think it shouldn't be in the hard drive of your computer because when your pc get compromised by a random hacker, it might get your keys too. If it's in safe storage or personal storage, no one can easily get those keys or decrypt it because they have no accessed to it as long as you're not trying to input your personal storage to your computer.

[Whosdaddy]

cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

If you take better protection, you might hardly lose any of your coin. The best way to affordably keep your funds safe is to store your private keys on a paper and not on the hard-disk or any other memory devices and store that paper in your locker where you keep our money. Your private keys would be 100% safe there from each theft the current markets are facing.

Recently there was a news that binance got hacked and more than 7000$ were been stolen from there so we can at least assume that the exchanges are not at all a better place to store ours funds into. You can use a number of paper wallets, hardware wallets, cold storage wallets, etc to be safe from your side.

[Bitcotalk]

cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

im using a nano ledger , its safe and its offline so no risk of hacks and its super easy to setup.

A offline wallet basically has not risks of hacks. The only problem we can face in using offline wallets is losing the wallet itself or getting it destroyed. There always is better precautions we take in terms of these kind of wallets and also these wallets could be good to store higher amount of funds. It is not necessary to store small amount of funds in these kind of wallets as they can be a bit confusing to transfer or withdraw. I personally always prefer storing the extra of my money into offline wallets like trezor, Ledger, etc to make sure they are not hacked but for funds below $1000 I use the simple blockchain wallet.

[ropyu1978]

cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

there are many tricks and tips shared in this forum for every security of your wallet or computer.
I guess you should try to find out by exploring this forum.
and in my opinion, the level of security of your computer is the most important part so that it cannot be attacked with various tricks, scams or malware that can access your data.

[Lucius]

The first step that every future owner of crypto has to make is to become well informed about some basic things. You can not protect anything if you do not understand how it works, and what is even more important in what way the hackers are thinking. Being a step or two in front of them, is the only correct strategy.

A few things that every user should pay attention to :

- coins on exchanges are not your coins, never store them online.
- desktop / mobile wallets are safe until your device is safe / clean.
- hardware wallets are good option which cost some money, but never forget to keep your seed in safe place.
- paper wallets ( can be also plastic, metal..) are good for long-term holding, but safety of them is very important.
- never say you own some crypto in public, on social networks, and similar - by doing that you are becoming a potential target.

[Pamadar]

cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

You need to learned more about securities, remember that it's your money so you have to keep doing your research before you go and start investing inside this market, most of the time, people who didn't pay attention to security of their assets regrets when attackers start to sucked their money.

[ancafe]

cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

You need to learned more about securities, remember that it's your money so you have to keep doing your research before you go and start investing inside this market, most of the time, people who didn't pay attention to security of their assets regrets when attackers start to sucked their money.

the thing to do is always install 2fa, or keep a good keystore that has been obtained. be careful on phishing sites is also very necessary. yeah, but it all depends on the system again. sometimes storing assets in the market is also quite safe, as long as the market is large enough

[Wildwest]

You protect them by keeping them on paper wallets, hardware wallets or cold storages. You don't use them on computers that are connected to the Internet or keep them on web wallets or exchanges.
You make sure that your private keys and seeds are safely tucked away from prying eyes and are never stored or used online. 

Yup right, for now the best way is to save assets in cold storage. And do not ever connect a computer with the internet, hacking is possible because of the internet network, without internet hackers cannot enter our system.
Use the internet when needed, such as transactions.

[dark1234]

Wallet security is part of the key to our success storing assets whether it's a paper wallet / hardware wallet and most of us store in a cloud account the most important thing is that we don't leave our coins too long stored in an exchange because it's very risky ... remember. ... just binance as the biggest exchange of hacking ...