Abiky (OP)
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Activity: 3374
Merit: 1405
www.Crypto.Games: Multiple coins, multiple games
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February 01, 2021, 05:15:45 PM |
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Is it for short term holding? or long term holding, like you're not going to move your Bitcoin anytime soon? because you can just store your Bitcoin in a paper wallet then print that, delete every traces, and hide it in an atic. If you're hardcore, you can tattoo your private key in your thigh or something Though I mean first of all, don't tell anyone that you are into crypto. if you can't help it, at least tell it to someone you can truly trust. Most people would bother you especially when Bitcoin is being so famous right now. It's for long term holding. I want a way to hide my coins from prying eyes for many years without having to worry about it. A paper wallet is nice, but it's not a waterproof or fireproof solution. While there are some metal wallets that are resistant against water and fire, they're not small enough to be hidden from prying eyes. Tattoos are a great way to hide your crypto, but they're certainly painful. I guess that each method has its own advantages/disadvantages. Recently, I came up with a discovery of an "invisible ink" that could only be seen with a UV light. This is similar to what most banknotes have as a security feature to prevent counterfeiting. If you could somehow make a small paper wallet that's fireproof, and waterproof with its contents invisible from the naked eye, then it would be impossible for anyone to find out about your crypto. Imagine storing thousands of dollars worth of BTC hidden from plain sight. Now that's true financial freedom. Nonetheless, I'm glad to see many people posting great ideas to hide crypto from thieves. The most discreet and efficient way to achieve said purpose will be a "winner in my book". I'm considering distributing several copies of my Bitcoin wallet as a sort of backup against natural disasters. You can hide your crypto well from prying eyes, but if you lose it, then your efforts will be in vain.
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aprilnot
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February 02, 2021, 06:11:26 AM |
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I always keep it not only in one wallet. All the tokens I have I always spread across several wallets. Even if my wallet is hacked in the end, I won't lose all the tokens I have because I didn't put them in one place. and I saved the backup in the email, I didn't forget to put it in the rar file that was given a password. This is useful if it's suastu when I lose my wallet data.
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Shallow
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Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
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February 02, 2021, 06:28:18 AM |
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The most discreet way is to live a discreet life, that is, not everyone should know you are a Bitcoin investor, and even if you want to share knowledge of Bitcoin investing, then mind what you tell the person, that is, try as much as possible not to bring in your investment plans, how many Bitcoin you hold etc, into the discussion, this is the first step I believe, and secondly be careful of the people you bring into your home. Also, for private keys or mnemonic phrases, should not be in your phone or computer, it must be written down, or noted on paper and kept in a very secure and private place, hence the reason you have to be careful of people you invite into your home. And also, depending on how big your investment is, do well to store in different wallets; of course keeping on exchanges is out of the option and thus hardware wallets is the best way.
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OasisDre
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Activity: 532
Merit: 41
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February 02, 2021, 07:18:43 AM |
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A thieve will only want to get your private keys if he or she knows you are fully into crypto, the best way to be safe here is not ranting about crypto and how much you have in them, this days thieves can be harmed to get anything out of you, so even if you store your private key somewhere safe you will be forced to give the location up unless you don't care about your life
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jerry0
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February 02, 2021, 10:09:42 PM |
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Can someone explain how the hacks happened with myetherwallet? I heard this a while back. So you went to the wrong myetherwallet site?
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Timelord2067
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Merit: 2242
💲🏎️💨🚓
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February 03, 2021, 01:42:41 AM |
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You can get fireproof envelopes to put paper documents into. If these are put into safety deposit boxes inside banks they shouldn't (in theory) get water damage or fire damage.
Failing that a cunning deception where you put a corrupted thumb drive in a hidden location for the bad guys to find and spend weeks trying to recover, all the while the funds are in a brain wallet.
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virasisog
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February 03, 2021, 01:50:53 AM |
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Can someone explain how the hacks happened with myetherwallet? I heard this a while back. So you went to the wrong myetherwallet site?
There are phishing sites that look perfectly the same as the myetherwallet's interface. Avoid clicking different links when you need to open your wallet, have it bookmarked and check the website properly before opening your wallet. This is how wallets usually get hacked. That is why having a hardware wallet is one of the essential parts of securing your finds in crypto.
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Abiky (OP)
Legendary
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Activity: 3374
Merit: 1405
www.Crypto.Games: Multiple coins, multiple games
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February 04, 2021, 05:29:58 PM |
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You can get fireproof envelopes to put paper documents into. If these are put into safety deposit boxes inside banks they shouldn't (in theory) get water damage or fire damage.
Failing that a cunning deception where you put a corrupted thumb drive in a hidden location for the bad guys to find and spend weeks trying to recover, all the while the funds are in a brain wallet.
Interesting. Never thought this was possible before. I will try it to see the results. Putting the fireproof envelope on a safe deposit box, should keep your crypto secure in the long run. The contents contained herein, should be obfuscated in order to avoid bringing suspicion. If somebody gets to read what's inside (which I doubt because of Banks' high level of security), they won't be able to decipher it that easily. A brain wallet may be all you need to secure your crypto as much as possible. Nonetheless, discretion is key to prevent the theft of your hard-earned crypto money. You could become a target of thieves and/or hackers if they suspect you're involved in crypto. Staying "low" should keep your crypto safe for a very long time. There are many methods to hide your crypto, limited to your own imagination. I'd simply store a crypto seed in a very small piece of paper, and hide it in a discreet location to avoid suspicion. Making the paper wallet fire and waterproof will make things better for the long-term "hodler" like myself.
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jerry0
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February 09, 2021, 06:23:51 AM |
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Do you mean more of your seed or your wallet? Example if you have a hardware wallet like ledger or trezor. I mean wouldn't most people nowaday probably heard of know what it is that though?
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gwdf1
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February 09, 2021, 07:00:51 PM |
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What do people expect when they ask questions like this? Find or learn a universal remedy for all kinds of hacker attacks and fraud? It does not exist, there are only working methods for storing cryptocurrency, and they have been known for a long time. Along with the growth of the cryptocurrency market, new fraud schemes appear. You need to be very careful with email and other notifications.
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isaac_clarke22
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February 09, 2021, 07:30:47 PM |
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Or just don't tell anyone that you're trading crypto. I am somehow a bit paranoid sometimes and I tend to think that people are hating me and tailing me on what I do with the intention of either robbing me or worse. I just don't tell someone around the internet that I am earning through crypto. In cases that I need name for some community, I use a pseudonymous names.
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Kang TB
Sr. Member
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Activity: 1050
Merit: 250
Revolutionizing Reward Points
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February 09, 2021, 09:31:37 PM |
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write offline our recovery seeds or private keys from any wallet my friend and do not tell or show your recovery seeds or private key to anyone even to your best friend or others, except you 100% believe with the guy but, the best way is by buying a hardware wallet to keep our crypto safe
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ElaineGanda
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Merit: 103
Futurov
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February 09, 2021, 11:53:29 PM |
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What do you think, it is wise to show in public like social media, telling to others etc that you are doing cryptocurrency? I know some people that they are advertising crypto through social medias and they are posting market trends, crypto news and articles and many more about crypto. Actually I don't get the idea of posting it publicly but a lot of people are doing it that is why I got curious.
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vintages
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February 09, 2021, 11:59:27 PM |
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Never store them, online. No matter how easy it is for you to access, never store your coins online. Again, mind your mouth. Mind who you tell about the crypto coins you have in your possession, whether online or offline. Many people have lost their coins because of how their mouths and yet leaving traces of where they store it.
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target
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Activity: 2282
Merit: 1041
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February 10, 2021, 12:08:15 AM |
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Just don't talk about it even on social media. This is the reason some of us got robbed already and target for being a BTC holder. There will be crimes in the future where a crypto holder because he braggs about his holdings on facebook, his family could be a victim of kidnap for ransom. Desperate people with no money will everything to get their hands on every altcoin you hold even if it means learning how it works.
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distr@yopmail.com
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February 10, 2021, 06:00:03 AM |
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Just don't talk about it even on social media. This is the reason some of us got robbed already and target for being a BTC holder. There will be crimes in the future where a crypto holder because he braggs about his holdings on facebook, his family could be a victim of kidnap for ransom. Desperate people with no money will everything to get their hands on every altcoin you hold even if it means learning how it works. a suggestion like the one in action films. what you say can come true. frequent updating of information on social media regarding asset ownership could trigger it all. but in some cases, a hack can also occur. be careful what you store on your phone and computer. Emails and instant messages on social media are also particularly vulnerable. stay careful.
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Abiky (OP)
Legendary
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Activity: 3374
Merit: 1405
www.Crypto.Games: Multiple coins, multiple games
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February 10, 2021, 05:52:52 PM |
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Never store them, online. No matter how easy it is for you to access, never store your coins online. Again, mind your mouth. Mind who you tell about the crypto coins you have in your possession, whether online or offline. Many people have lost their coins because of how their mouths and yet leaving traces of where they store it.
That's the golden rule of securing crypto against hacks or theft. Always create your seed or public + private keys in offline mode. This way you can ensure your crypto funds are out of reach from malicious actors in cyberspace. Now, the real deal would be securing your crypto physically against thieves. You'd need to be as discreet as possible in order to avoid bringing unwanted attention. Storing your crypto in a very small piece of paper, or a microSD card while hiding it somewhere discreet will keep you safe for years on end. Nonetheless, I think I've found the solution to my problem. Been doing some digging and came up with an idea. I'd simply write the seed on a very small piece of paper using UV ink (aka as invisible ink). Then, I'd dip the paper on a liquid that aims to make it fireproof (you can find how to do it on YouTube). Finally, I'd soak the paper in wax to make it waterproof. This way, no one will be able to find out about my crypto holdings while the paper wallet remains safe against the elements of nature. Pretty smart, eh?
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motun01
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Merit: 18
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March 04, 2021, 11:18:12 PM |
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I think the most ideal approach to stow away your own crypto from hackers is by covering your digital footprint and not diversifying how you store coins in your portfolio to others so they will not form any interest in taking from you. If at any point they realize that you have a huge load of crypto it would be better for you to put it up into a hard wallet like a record and make a parcel into your hodlings by putting it on numerous wallets
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