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Author Topic: How Best to Safely Store Your Coins and ALTs! Bitcoin is treasure; Alts are too.  (Read 406 times)
ethereumhunter
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October 29, 2019, 02:33:03 PM
 #41

You need to compare each wallet by yourself and don't depend on other people because we have a different favorite wallet to store bitcoin and altcoin. Some people say that this wallet is good, that wallet is good, but if we don't know how we store the coin, then it's not good at all for us. We need to try one by one of the wallets so we can find which wallet that will suit us, and the most important is we are easy to use the wallet, and we don't have a problem accessing the wallet.

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October 29, 2019, 02:44:20 PM
 #42

People doing hard work for good earning but scammers are very clever & stolen hard working fruitable income within few minutes. i think we should be carefull.my opinon is that we should be store our coins who have get by hard work, in safest hard wallet software.
Scammers and hackers are getting better every year, so you should be really protective in all of your assets because they could easily steal it in a minute. Finding a good wallet is really not the best solution to protect your funds because even a online wallet that has a strong security features they could easily access to it, that is why you should be really using a hard wallet even it has an expensive price because it is still perfect to it's price and it is the best solution to keep all of your funds away from hackers.
Hardware wallet can be the key to all these problems, but we cant' deny the fact that using online wallet such myetherwallet is still needed. Hardware wallet does not cover all types of altcoins in the market there are still  limitation to its capability. It is safe and the most secured but it is still incomplete.


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October 29, 2019, 02:47:45 PM
 #43

Hardware wallets are still the most preferrable to use nowadays. Like what you said there are now many wallets that have been shut down because the hackers can access their platform.
the most important thing in the wallet platform is their security, because if the security provided is not perfect then the platform will be left out by the user. therefore many people currently use hardware wallets because security is managed independently without a third party
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October 31, 2019, 11:56:06 AM
 #44

Yes hardware wallet is the safest option but not all coins are supported by these devices.

There are other very safe ways to store your coins. You can download a multi coin wallet like coinomi and hold it there on a device that is kept offline most of the time. The most danger comes from downloading files especially compressed ones and opening email.
If you don't send your coins to the wrong address, don't invest in a scam, and don't hold on exchanges, you are already doing more than most investors.

That's true. Top hardware devices majorly support the top and renowned coins on coinmarketcap. I got a Nano s wallet last 2 years and I was looking to store two random tokens I bought from Crex_24 but it gave me a tough time. At a point, I thought I bought a faulty wallet. So since then, I just store btc in my hardware wallet. Mobile wallets like IMToken and trust wallet are more dynamic and accommodating with ample security too as long as you don't loose your phone or you have your Passphrase or private key copied out in your private jotter

Cool. I have used in fact countable number of wallets i can't remember all but the special thing about Atomic is the extra ancillary services it offer which aren't available on other wallets mentioned above. You just need to try it out and see. other wallets aren't bad as well. 
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October 31, 2019, 11:57:21 AM
 #45

People doing hard work for good earning but scammers are very clever & stolen hard working fruitable income within few minutes. i think we should be carefull.my opinon is that we should be store our coins who have get by hard work, in safest hard wallet software.
Scammers and hackers are getting better every year, so you should be really protective in all of your assets because they could easily steal it in a minute. Finding a good wallet is really not the best solution to protect your funds because even a online wallet that has a strong security features they could easily access to it, that is why you should be really using a hard wallet even it has an expensive price because it is still perfect to it's price and it is the best solution to keep all of your funds away from hackers.
Hardware wallet can be the key to all these problems, but we cant' deny the fact that using online wallet such myetherwallet is still needed. Hardware wallet does not cover all types of altcoins in the market there are still  limitation to its capability. It is safe and the most secured but it is still incomplete.
   Not only hardware but there are paper wallet and also so I think we should try for blockchain as well. Hardware wallets are good for digital storage but as i said my experience with block chain is amazing for me is unbeatable or unshakable till now there is no hardware wallet better than block chain so it’s my choice though.

Nice one from you. Quite courageous.
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October 31, 2019, 12:17:42 PM
 #46

Hardware wallets are still the most preferrable to use nowadays. Like what you said there are now many wallets that have been shut down because the hackers can access their platform.
the most important thing in the wallet platform is their security, because if the security provided is not perfect then the platform will be left out by the user. therefore many people currently use hardware wallets because security is managed independently without a third party

Hardware wallet is good. No doubt, meanwhile Decentralized wallet is good for keeping your ALTs.
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October 31, 2019, 12:22:58 PM
 #47

Hardware wallets are still the most preferrable to use nowadays. Like what you said there are now many wallets that have been shut down because the hackers can access their platform.

hmm thoughtful, but not as decentralized ones where paraphrases used.
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October 31, 2019, 12:24:28 PM
 #48

fully hardware wallet is very safe for me, from 2016 I used a hardware wallet that never experienced any problems. Wallet Applications like this can be hacked, because our devices are always connected to the internet. all this time I used the Trezor wallet to only provide $65 to secure 1000+ of your crypto assets. but it's also quite interesting what the OP said. Smiley

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October 31, 2019, 12:37:15 PM
 #49

Even if the big exchanges have the best security implementations by the professional white hat hackers, holding the crypto assets in the exchange platforms there is not safe due to the risks. None of the exchanges is a hack-proof, the online world has always leaked for the professional hackers from my experience. Buying a hardware wallet or using the offline notebook for storing the crypto assets looks like better options to me.
Hardware wallet is the safest until every government find ways to eliminate hackers which is impossible in internet and today's era of technology. We must put in hardware what we want to hold longer then those we want to trade keep it in wallet and some in exchanges. Make sure to put 2FA security and be careful in keys and visited websites.

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October 31, 2019, 01:08:51 PM
 #50

People doing hard work for good earning but scammers are very clever & stolen hard working fruitable income within few minutes. i think we should be carefull.my opinon is that we should be store our coins who have get by hard work, in safest hard wallet software.
Scammers and hackers are getting better every year, so you should be really protective in all of your assets because they could easily steal it in a minute. Finding a good wallet is really not the best solution to protect your funds because even a online wallet that has a strong security features they could easily access to it, that is why you should be really using a hard wallet even it has an expensive price because it is still perfect to it's price and it is the best solution to keep all of your funds away from hackers.

But does hardware wallet works without the internet? if so, It would be indisputable. i have seen cases where hardware wallet contained malicious program and soon as the owner connected to internet, all was vanished. Also, some lost their coins just as they connected it for transaction. i really wondered if that could be, not until i read about it and have one of the victims on same group i belong.
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October 31, 2019, 02:52:31 PM
 #51

I still make use of exchanges to store some of my coins, particularly when I am expecting updates to sell in profit. After selling, I withdraw my fund into my wallet, so as not to run at loss for any hack. This !right be risky, to curb this, I ensure that larger percentage of my funds are in my wallet.
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October 31, 2019, 04:42:23 PM
 #52

At the beginning as a newbie one of my Etherwallet hacked and I lost my coins from that wallet after that I bought hardware wallet (Trezor) to store my coins safe from that day till today I have not been afraid of hacking and one more thing if we lost our Trezor wallet we can still retrieve our all coins by buying a new Trezor as well as keeping safe the seed phrase of the wallet and apart from this I am not much aware of atomic wallet so keeping trust on Trezor wallet till date.

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October 31, 2019, 06:17:32 PM
 #53

At the beginning as a newbie one of my Etherwallet hacked and I lost my coins from that wallet after that I bought hardware wallet (Trezor) to store my coins safe from that day till today I have not been afraid of hacking and one more thing if we lost our Trezor wallet we can still retrieve our all coins by buying a new Trezor as well as keeping safe the seed phrase of the wallet and apart from this I am not much aware of atomic wallet so keeping trust on Trezor wallet till date.
Yes, I also prefer to hold my money on Trezor, but I also have a part of my money on large exchanges where I trade with coins and also constantly rebalance my portfolio

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October 31, 2019, 07:48:49 PM
 #54

First mistake is to ever even keep our coin on an exchange, so that should first of all be discouraged, and people should stay away from exchange wallet if they really want to have a secured coins, but when it comes to hardware wallet, i think for now, it is still the most secured wallet which is quite very cheap to me, although it depend on the amount kept there, because it would not be worth it to buy hardware wallet for an amount that is even  lower than the cost of the wallet itself.

There are still other ways of keeping ones coins too anyway, I think it is still safe too to actually keep money on a desktop wallet, but the one that has its own private key for us to be able to make recovery at any time. That is the only way that we can make a full recovery.

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October 31, 2019, 08:31:20 PM
 #55

I use a variety of cryptocurrency wallets and atomic wallet happens to be one of them but it's definitely not at the top of my list, the wallet that holds that too spot is imtoken, I might just be sentimental about the wallet because it is my first ethereum wallet but apart from imtoken, I also adore trust wallet as well, although both wallets has grown from being just ethereum wallets to being multi-wallets that you could use to store a variety of coins and tokens from different blockchains.

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October 31, 2019, 09:18:10 PM
 #56

There's no safest way than Manual way. All the private key of your assets must be safe to the Paper. Then laminate them with plastic and save it in your Safety Box. I'm saying this because I see in another perspective. Save them to our device can't fully trusted. A lot of cutting-edge malware program was developed every day, and you don't know, maybe it already been on your device.

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October 31, 2019, 09:32:19 PM
 #57

When you keep your fund by your self, then it is assumed that you are in full control of it and no one seems to bother you on it. However, some have mishandled the security details, which should be well kept I'm a safe place. A slight lockage in it, can get it compromised.
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November 01, 2019, 08:38:52 AM
 #58

There's no safest way than Manual way. All the private key of your assets must be safe to the Paper. Then laminate them with plastic and save it in your Safety Box. I'm saying this because I see in another perspective. Save them to our device can't fully trusted. A lot of cutting-edge malware program was developed every day, and you don't know, maybe it already been on your device.
Your opinion is true, there is no device or system that is safe even though using antivirus. the safest way is to lock the private key by compressing it using winrar and locking it. Now a lot of malware and ransomware can infect devices very quickly. I myself have also been a victim of ransomware and my personal data cannot be opened, if I want to open it I have to send a bitcoin to get the antidote.
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November 01, 2019, 08:58:46 AM
 #59

There's no safest way than Manual way. All the private key of your assets must be safe to the Paper. Then laminate them with plastic and save it in your Safety Box. I'm saying this because I see in another perspective. Save them to our device can't fully trusted. A lot of cutting-edge malware program was developed every day, and you don't know, maybe it already been on your device.
Your opinion is true, there is no device or system that is safe even though using antivirus. the safest way is to lock the private key by compressing it using winrar and locking it. Now a lot of malware and ransomware can infect devices very quickly. I myself have also been a victim of ransomware and my personal data cannot be opened, if I want to open it I have to send a bitcoin to get the antidote.

It seems the way you say is safe but it's somewhat complicated. I prefer to keep all of that on my device, in my opinion that way is still said to be safe. As long as you don't do anything like opening the door for malware. Or rather do not install anything on your device.
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November 01, 2019, 10:10:46 AM
 #60

Get a hardware wallet, fast and easy
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I personally prefer paper wallet if the coin you tend to hold has one though and if it doesn't then create yourself one, find wooden or iron to carve your private keys on or recovery see if you are too scares that the paper can get burnt.

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