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Author Topic: how i can protect offline wallet ?  (Read 408 times)
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October 30, 2019, 12:47:48 PM
 #61

Okay, let's assume this unfinished story that the victim was sharing his private key online on social media or facebook messenger. I have suspected that the victim was accidentally shared the private key and that is very easy to recover the offline wallet into another wallet via importing the private key or passphrase. In this case, we should know our responsibility in keeping that valuable stuff and keep into a safe place and never trust people around you.


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October 30, 2019, 12:55:03 PM
 #62

Okay, let's assume this unfinished story that the victim was sharing his private key online on social media or facebook messenger. I have suspected that the victim was accidentally shared the private key and that is very easy to recover the offline wallet into another wallet via importing the private key or passphrase. In this case, we should know our responsibility in keeping that valuable stuff and keep into a safe place and never trust people around you.
This might be the case since how can an offline wallet be accessed without any keys, or he save his key on the messenger, I mean by sending it to his own messenger since sometime I did it to save info but not private keys. Probably he send or his fb or receiver of the message fb access it or got hacked too. We should be careful about our key it maybe offline, in exchanges or mobile apps. Better have hardware wallet if plans to hold it long.

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October 30, 2019, 01:01:40 PM
 #63

Okay, let's assume this unfinished story that the victim was sharing his private key online on social media or facebook messenger. I have suspected that the victim was accidentally shared the private key and that is very easy to recover the offline wallet into another wallet via importing the private key or passphrase. In this case, we should know our responsibility in keeping that valuable stuff and keep into a safe place and never trust people around you.

Of course keeping our wallet safe using offline resources can be done anonymously, and while making all important information towards it; I recommend using archive with password protection. Private key, passphrase or key store files is always vulnerable from any security breaches. That's why we're in need of these basic steps in protecting our valuable assets, because this involves a lot of money as it meets the desired value sooner.
One more important thing, don't store these privacy information at any of your google accounts, still not a safe idea.

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October 30, 2019, 02:02:53 PM
 #64

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?
I assumed that your friend lost his coin maybe because when he turned online which hackers have detected his wallet or he have been sharing his private keys in Facebook messenger. In my own opinion, the best thing to protect your offline wallet is avoid going online when you are not using your wallet and stop sending or sharing your private keys in social media sites because it is vulnerable in hackers.

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October 30, 2019, 02:10:04 PM
 #65

It would  be much better to save the offline wallet on cloud, portable harddisk with lock, email account, and phone storage and still encrypted. And that's the safest thing i know on where to save offline wallet.

But how your friend lost the offline wallet? Did he sent the file? Deleted it? Controlled the pc by the other person? Much better not to trust anyone to access the offline walllet.
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October 30, 2019, 03:14:21 PM
 #66

It would  be much better to save the offline wallet on cloud, portable harddisk with lock, email account, and phone storage and still encrypted. And that's the safest thing i know on where to save offline wallet.

But how your friend lost the offline wallet? Did he sent the file? Deleted it? Controlled the pc by the other person? Much better not to trust anyone to access the offline walllet.
Wallet in cloud is too risky too, hackers can encrypt the password and all the security stuff so that they can get the access to your wallet. Better to put 2FA in everything. By using hardware wallet you may save the key to portable hard drive, because it is a read only memory, it not prone to any virus or malwares , you only need to take care of it and dont let it fall because the disk inside might be damage.
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October 30, 2019, 04:13:47 PM
 #67

Offline wallet does not mean safe from thieves, they do everything they can to satisfy their depraved appetite. I've also experienced it, I was almost frustrated, because the only way to avoid it is to maintain the privacy of the private key, don't let others know ... that's all, and don't easily click on any links from strangers .

It is safe, unless they are going to force you to give them your private keys personally, I can't think of any ways on how someone could stole your coins in an offline wallet, that's mysterious, and can you please tell the whole story to let me get your point, that'll be much appreciated and we could easily give our opinions on what you are going to do next time to protect your offline wallet.

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I think the best way to protect your coins is by using the hardware wallet. With a hardware wallet, both your bitcoin and altcoins are safe since the hardware wallet is completely off-the-grid. By using this type of wallet no one have access to your wallet but you. Make sure to keep it in a secure place.  
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October 30, 2019, 11:04:12 PM
 #68

I think the best way to protect your coins is by using the hardware wallet. With a hardware wallet, both your bitcoin and altcoins are safe since the hardware wallet is completely off-the-grid. By using this type of wallet no one have access to your wallet but you. Make sure to keep it in a secure place.  
Of course! But the new challengd her is how do you make your hardware wallet secured? Hmm, using safety vaults could work but if you want to place it somewhere which no one whould have an interest to check it is on the book. Get an extra of your favorite book and carved a hole inside of it where your wallet could perfectly fit and place on it. You can store it in your bookshelf inside your house or bring it if you need it. I'm sure that robbers will not getting interested to rob a book right? Grin.

 
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October 31, 2019, 03:25:09 AM
 #69

more precisely is that the hacker has managed to get your friend's private key and take all the coin assets in your friend's wallet. I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong. make it that's a lesson for you to always be careful. remember, the private key is the main one and you must store it in a safe place.

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October 31, 2019, 07:33:10 AM
 #70

more precisely is that the hacker has managed to get your friend's private key and take all the coin assets in your friend's wallet. I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong. make it that's a lesson for you to always be careful. remember, the private key is the main one and you must store it in a safe place.
If you know how to store your private keys well, Then it is safe. We can't avoid such disasters like having your physical wrote private key destroyed or stole but you can do such as backups to claim it as soon as you notice that it is in a dire situation.

I have one physical wallet for my main hold (bitcoin) and other wallets like multiple online wallets that I use for my daily activities, I've been using crypto since 2013 and I didn't experience any hacking activities into my wallets.


Better if you buy a hard wallet. It is far more secure than some other offline wallets.

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October 31, 2019, 07:56:56 AM
 #71

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?
Offline wallet is very safety wallet for saving your coins, you can hold multiple kinds altcoin in your offline wallet because very safety than you save your coin in online wallet like myetherwallet and exchange wallet, you can hold or save your coins in offline wallet how long time do you want and keep safety, but you have save your ledger offline wallet in correct place and never move to other hands.

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October 31, 2019, 08:05:12 AM
 #72

I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong.
Offline wallet is much more better than online wallet. I didn't get it why would you say like that, when with offline wallet, there is no way that hackers could steal your money unless you do something dumb like share the private key and let unknown people store it for ya.

It's just you and god that knows exactly what happen in hardware wallet.

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October 31, 2019, 08:23:11 AM
 #73

How did your friend lost it when offline wallet is actually better than any online wallets? The best thing to do is to keep it safe and well. You have to keep it secure and protect your private keys. You shouldn't share it with anybody. Having an offline or hard wallet is actually safer than having an online wallet so securing and protecting it isn't hard.

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October 31, 2019, 11:57:17 AM
 #74

I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong.
Offline wallet is much more better than online wallet. I didn't get it why would you say like that, when with offline wallet, there is no way that hackers could steal your money unless you do something dumb like share the private key and let unknown people store it for ya.
I suspected that princehandsome is confused between hardware wallet and online wallets because whst he says seems irrelevant. It doesn't match withe the facts about hardeare wallet Grin. Anyway, like what I've said above, you can feel relief because you are now free from hackers somehow but the new challenge is how do you make sure that your wallet will not be personally stolen to you lol.

 
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October 31, 2019, 01:39:13 PM
 #75

It would  be much better to save the offline wallet on cloud, portable harddisk with lock, email account, and phone storage and still encrypted. And that's the safest thing i know on where to save offline wallet.

But how your friend lost the offline wallet? Did he sent the file? Deleted it? Controlled the pc by the other person? Much better not to trust anyone to access the offline walllet.

Cloud storage us a bad idea. Don't keep sensitive information online where someone could possibly get to it.
Maybe the friend never backed it up to begin with. This is why you must always keep two backups of every type. One one USB stick one on us HDD and 2 printed out QR codes.
This way nothing bad will happen and you will always have a backup. I think people mostly lose access to their own things more often then they are hacked.

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November 01, 2019, 03:41:19 PM
 #76

How did your friend lost it when offline wallet is actually better than any online wallets? The best thing to do is to keep it safe and well. You have to keep it secure and protect your private keys. You shouldn't share it with anybody. Having an offline or hard wallet is actually safer than having an online wallet so securing and protecting it isn't hard.
Maybe the device that his friend using has a problem then he went to tech for them to fix it, but the tech knew that it has an offline wallet , or maybe he sell his device to someone without deleting the files , and lastly it is possible that the device you are using might have virus or malwares then hackers will blackmail him. Even hardware wallet are prone to hackers, a better security and firewall is needed.

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November 06, 2019, 12:55:02 PM
 #77

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?
just transfer it to a hardware wallet or paper wallet so you can protect your coins keeping it online can increase the chance of losing your coins and be careful when chatting someone online you dont know

 
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