WatchMaker
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PUFFY FINANCE
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December 11, 2021, 11:13:06 PM |
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Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick? The answer is simple, I'll store my private keys in my same old SanDisk flash drive because no one knows that I own 2000 bitcoins. I was storing my private keys on SanDisk flash drive for years and I never had any issues with them thus why go for the military grade vaults or nuclear bunker? are we at war? come on, men, that is just another way of wasting money, period!
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Dhaniii
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https://i.imgur.com/hgxNNiA.png
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December 11, 2021, 11:59:40 PM |
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safe and not secure your crypto wallet is not on where you store it but how you often use your wallet is often easy for hackers to hack your wallet account. many investors carelessly use their wallet addresses so they are easily hacked by hackers
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Olayinka2225
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December 12, 2021, 05:08:11 AM |
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If I had a such huge amount of btc, taking the keys to vault is not save to me. Bank vault, jewelries vault are been attacked nowadays. If this perpetrators knows any crypto vault,they will attack it, it is just a matter of time before they do. I will prefer burying them in my house with my family alone knows about it.
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Henrobakkara
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December 12, 2021, 02:15:07 PM |
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This is too much drama with all these military-grade vaults for storing private keys to your Bitcoin stash. For anyone to have such an amount then they also have a good knowledge of storing them. I would break the Hodls in smaller amounts in different wallets with their private keys written in parts too saved in different locations.
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haasanjui
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December 12, 2021, 06:31:05 PM |
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You should store your keys in your personal note book in mobile or computer or in your personal diary and you can save it in your brain permanent. These are such ways to secure keys.
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Luke Briggs
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December 13, 2021, 09:40:38 AM |
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If I have so many bitcoins, I will record my private key in a notebook and tell my family that I am afraid that my assets will be lost if something happens to me. I think we should trust my family, because when we pass away, our assets will be left to our children. But in reality, I may not even have two bitcoins.
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dbc23
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December 13, 2021, 11:40:33 AM |
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But 2000 btc is a whooping sum to store In a wallet or in a vault it's better to diversify your portfolio and send some Bitcoin on erand so while you wait to earn from holding which comes in massive you can still earn through other means like trading or running an exchange so you make profit from both ends
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Desmong
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Crypto bookmaker and casino
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December 13, 2021, 12:15:07 PM |
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Assuming no one knew I have 2000 BTC, then I'd buy bunch of stainless steels whose purpose would be to keep my seed phrase safe. I'd probably burry them in the ground as a normal, filthy rich, Heisenberg-looking bitcoiner.
Maybe inside the walls of my cottage. That'd also sound neat.
If, it was known that I hold so much money, I'd have much more to worry besides the safety of my bitcoins.
Low that is funny...if you don't want to stress yourself more. I think for those person who are lovers of tattoo, you can always encrypt it on your body, and nobody will know what it means. Does that sounds cool? That would be the best way to hide your your phrase key and nobody will understand what it means.
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Abiky
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www.Crypto.Games: Multiple coins, multiple games
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December 13, 2021, 12:36:05 PM |
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Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick? If I had a huge stash of Bitcoins, I'd store them in the safest place possible. The seed would be engraved on a metal wallet (preferably titanium), and locked away in a military-grade vault. Burying it underground would be the best way to help protect your stash of BTC from theft. You'd have to be very careful where you hide your Bitcoin, especially when someone knows you're already into crypto/Blockchain tech. Any carelessness could put all of your funds down to waste. If you take the proper precautions of securing your Bitcoin against malicious actors, no one will be able to steal your money. 2k BTC is a lot of cash at today's exchange rate, so losing it all would be a very unfortunate situation. Just my thoughts
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Henrobakkara
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December 13, 2021, 12:51:39 PM |
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Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick? I don't see a need for all this high power storage even if you have 2000 bitcoins. 2000 bitcoin sounds much now but I believe years ago, people hold this and didn't worry about anything, and likewise today, I still believe some people hold this much and more and don't have their PW stored in any military vault and the only way people know how much you own in Bitcoin is because you told them. Your keys on the diary in your home vault can also do this work. who told you mate that investors in the past did not mind saving their keys? or not aware of the incoming issues? because those early adopters are the one who looks for safest way to store their coins and what? Diary or Vault? at least you know that those places are the main target of people that will try taking your coins? Definitely, you didn't read my post well. I never said the investors in the past did not mind saving their keys? I said, they didn't worry about this high power storage, and like you claim if they did worry and aware of the incoming issues whatever you mean by that, why did many loss their private keys? because they were not serious about safe guiding or storing it as we do now. I can 100% tell you that I don't have such an amount of Bitcoin but with how I have stored my PKs, I am never losing them except something happens to all locations at the same time and at least you agree that Diary is just enough which is my whole point.
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andriarto
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December 13, 2021, 12:59:32 PM |
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But 2000 btc is a whooping sum to store In a wallet or in a vault it's better to diversify your portfolio and send some Bitcoin on erand so while you wait to earn from holding which comes in massive you can still earn through other means like trading or running an exchange so you make profit from both ends
diversifying assets is one option to maintain the risk that will occur in our assets. With such a large number, of course, if you are a person who doesn't have much time, you will certainly prefer to invest, and of course security is the main choice even though you have to pay for it.
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qwertyup23
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December 13, 2021, 05:52:34 PM |
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If I had such amount I wouldn't worry about keys, because these coins would be splitted among different third party platforms to generate passive income. It makes no sense to have so much money like 2000 bitcoins and keep it hidden like a pirate treasure. Bitcoin's purpose, like the purpose of any currency, is to serve its holders in the most effective and profitable possible way. Otherwise, what would be the point?
With all the replies that I have read, this is the one that struck me the most. It is obvious that if you are holding a significant amount of BTCs in your wallet, it is highly advisable that you allocate them into separate hardware wallets (NOT EXCHANGES) for maximum security and anonymity. In addition, you could also keep your hardware wallets in a relatively safe vault with the information being given to your immediate family in the event that something happens to your life. I remember, I have a friend who kept 150+ BTCs in our local exchange and his coins were frozen when he attempted to withdraw and cash it out due to suspicious activity.
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taufik123
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Rollbit.com | #1 Solana Casino
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December 13, 2021, 07:22:50 PM |
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if really have 2000 Bitcoins, of course some will be sold and some of them can be reinvested by trading or investing in new projects. Trading and investing will provide you with a great portfolio if you understand how to trade.
For the rest of the Bitcoin that is stored, maybe the private key wallet can be stored on a steel plate written with the private key and stored in a safe place for you. Because the private key is the main key of the assets owned. stored in the ground or in a safe of your own and many other options.
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Lanatsa
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December 13, 2021, 08:21:01 PM |
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If I had such amount I wouldn't worry about keys, because these coins would be splitted among different third party platforms to generate passive income. It makes no sense to have so much money like 2000 bitcoins and keep it hidden like a pirate treasure. Bitcoin's purpose, like the purpose of any currency, is to serve its holders in the most effective and profitable possible way. Otherwise, what would be the point?
With all the replies that I have read, this is the one that struck me the most. It is obvious that if you are holding a significant amount of BTCs in your wallet, it is highly advisable that you allocate them into separate hardware wallets (NOT EXCHANGES) for maximum security and anonymity. In addition, you could also keep your hardware wallets in a relatively safe vault with the information being given to your immediate family in the event that something happens to your life. I remember, I have a friend who kept 150+ BTCs in our local exchange and his coins were frozen when he attempted to withdraw and cash it out due to suspicious activity. Exchange platforms couldn't really be totally safe no matter how known or popular it is then there would be always that risk neither in talks of; 1. Possible hacking events 2. Regulation/Enforced KYC and other aspects You couldn't really tell on what would happen that's why you should really be aware specially if you do keep high amount of coins then its just sensible for you to choose whats best.
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DarkDays
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December 13, 2021, 09:47:34 PM |
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Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick? The answer is simple, I'll store my private keys in my same old SanDisk flash drive because no one knows that I own 2000 bitcoins. I was storing my private keys on SanDisk flash drive for years and I never had any issues with them thus why go for the military grade vaults or nuclear bunker? are we at war? come on, men, that is just another way of wasting money, period! Idk if this is another way to waste money. For a considerable amount of BTC worth millions of dollars having that piece of mind might not be the worst idea. yes, you might need to pay a substantial for such high level security but owners of thousands of BTC surely won't find that too high when the stake is several times higher. I suppose another way to look at it, is from a personal point of view. Some people prefer simplicity, no headaches and thus bunkers are the best option for them. Securing the key even of a piece of paper or a flash drive are all reasonable approaches but it is up to the user to decide how they want to play their fate!
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arditiyan
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December 13, 2021, 10:40:53 PM |
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2000 BTC is roughly equivalent to around 134 million bucks which is why I would prefer the best option available even if meant spending a million bucks to successfully store the remaining 133 million bucks.
If nuclear sheltered vaults are the best option, I would obviously store all my BTC though I would research them thoroughly beforehand.
seems overkill if there is a huge storage cost. I think at this time for the storage of bitcoin assets it does not have to have a high security system, but the most important thing is that our storage is in a safe place. it's better than wasting a lot of money
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Hypnosis00
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December 13, 2021, 11:35:30 PM |
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if really have 2000 Bitcoins, of course some will be sold and some of them can be reinvested by trading or investing in new projects. Trading and investing will provide you with a great portfolio if you understand how to trade.
For the rest of the Bitcoin that is stored, maybe the private key wallet can be stored on a steel plate written with the private key and stored in a safe place for you. Because the private key is the main key of the assets owned. stored in the ground or in a safe of your own and many other options.
I have to spread it to multiple wallets addresses for more anonymity and safety. Investing outside crypto is also the best idea, we even use it to grow our money as holding doesn't give us any but just risk. Another option is that if there is a bank that will accept Bitcoin, I come to visit and deposit some of my Bitcoin even it require KYC (that for sure it was been asked because of its amount). Anyway, what makes it important is we know what As to keep it secret will add safety.
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V-t.Ester
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December 13, 2021, 11:42:27 PM |
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Investor who hodl 2000 BTC really has to worry about safety of his keys from his BTC digital wallet. The safest variant is definitely to learn those keys. However it’s not a problem for him to withdraw some part of BTC or to pay in BTC for holding his keys somewhere in secret safety bank deposit box. There is one more variant (cheap and risky): to find some secret place in house/flat and to hide there a tiny piece of paper. But I think that I would rather hided keys on my body (made a lot of symbolic tattoos on different parts of my body or one big with hidden small in it) and remember the sequence.
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Semar Mesem
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December 14, 2021, 05:42:01 AM |
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Almost most of my crypto assets, which is around 70%, are ERC/BSC wallets and bitcoins are around 22%, I store them in the book and I replace the 10 characters on the back so that if the book is lost it can't be stolen, other than I write it in my book Also save in the image I saved on Google Drive and One Drive, and I replaced the 10 characters with what I remember.
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syedzakir
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December 14, 2021, 05:11:41 PM |
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Holding bitcoin is quite easy but keeping it safe is quite difficult because of the hackers that have advanced a lot in the field of hacking. They could hack your wallet and get access to all your money and you may be having nothing within seconds. All of your money must be transferred to another account and you would be not aware of it. The time when you would know about it, you would be facing a great loss. To avoid these you seed phrase must be kept safe in safe places or you must be Keeping all of your bitcoin in some hardware wallet and not giving it access to anyone
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