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Author Topic: How to securely store your Bitcoin  (Read 690 times)
choechristian00
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May 05, 2021, 02:50:37 AM
 #61

Hi Everyone,

Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.

I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.

What Is A Crypto Wallet? How To Securely Store Bitcoin

Let me know if you have any questions or comments on the article!

There are four types of wallates and you can store your bitcoin securely

 Hardware Wallets
 
 Software Wallets

 Cloud Wallets

 Paper Wallets
Obito
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May 05, 2021, 05:23:41 AM
 #62

the article that you provide is very complete and good, but for beginners you may still have doubts about choosing which one is the right one. we need to remind you as good as any wallet is, only the most secure hardware such as trezzor or nano ledger is the best for securing assets
My mantra in terms of equipments and gadgets that I use is that I only use those that have been used by others and have assured that it is of quality. Like Trezor and Nano Ledger which has been the most spoken hardware wallet for a long time because they deliver what they promise although there are some setbacks, they still are at the top.
sujanpatil
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May 05, 2021, 01:41:13 PM
 #63

Hi Everyone,

Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.

I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.

What Is A Crypto Wallet? How To Securely Store Bitcoin

Let me know if you have any questions or comments on the article!


I have been in the crypto field since 2016. Bitcoin wallets are much more secure than altcoin wallets. I have seen altcoin wallets being hacked a lot more than bitcoin wallets and etharium wallets being hacked the most and this is happening more in the case of etharium wallet and now in BSC Chain. This is because it uses the alogrithm of the etharium blockchain. eth wallets are not safe. But bitcoin wallets are safe, be it software wallet, paper wallet or hardware wallet. Newcomers to the crypto field use the blockchain wallet. If you want to keep bitcoin more secure, use a paper wallet. However, if you think that I have a large amount of bitcoin, then hardware wallets are best for this.
blackened515
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May 05, 2021, 03:05:23 PM
 #64

I think the safest method of storing your Bitcoin is through Cold Wallet (offline wallet). Because they are not connected to the Internet, it is very much less open to hacker. And have zero security risk. Also Keeping your private key privately, is very important because it protects your wallet from Bitcoin hackers, it literally Impossible for someone to access your Bitcoin without your private key.



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Mr.sprin
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May 05, 2021, 04:20:08 PM
 #65

Hi Everyone,

Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.

I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.

What Is A Crypto Wallet? How To Securely Store Bitcoin

Let me know if you have any questions or comments on the article!

There are four types of wallates and you can store your bitcoin securely

 Hardware Wallets
 
 Software Wallets

 Cloud Wallets

 Paper Wallets
I choose paper to store bitcoin that was safer because it was offline paper and difficult to grab by others. in my opinion, storing bitcoin on laptop or android is not safe, it can be hacked by others.

asyakashi
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May 24, 2021, 11:24:33 AM
 #66

storing bitcoins safe today is from trezor or hardware wallets, they are safer than hackers, switching in such wallets, will not be easy to enter viruses. If you want to keep a Private key / Json / Mnemonic try to write it on paper . and store files on the flash drive for greater security.

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asyakashi
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May 24, 2021, 11:29:14 AM
 #67

First of f all to be extremely attentive before clicking some websites or services, do not keep your data, seeds and keys via email, online messenger or something like that. Do not hold all your assets in one and the only place, do not keep all assets on exchanges even in case they are trustworthy and so on and so on. Everything is really very simple.

The simplest hackers usually attack on the site they disguise as if it were a real site that we want or visit often, then they ask us to give us the key access to our wallet, and they will hack our wallet easily, this is a very simple technique but if not thoroughly very dangerous, I think this can be handled by booting the sites we visit frequently and important sites.

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May 24, 2021, 01:43:25 PM
 #68

This is an interesting article for new beginners like you said and captured more importantly the basic things to know as a starter. I will surely share if I see anyone who needs the information.

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