How is the safest of the 'safest ways' to store Bitcoin?

[Tumanggor]

One way to protect from a wrench attack is to keep most of your crypto away from your mobile device or computer, and to place the private key or hardware wallet in a secret location away from your current one that you cannot access during this type of attack.

Another option is to continuously be armed, so that if you meet an intruder, you can just blast him away.

If you keep your bitcoins away from your smartphone or PC/laptop, how do you keep your bitcoins with you on vacation?

in the future when mass adoption occurs we will all definitely pay for anything during our vacation with bitcoin so it's not storing our bitcoins on smartphones is impossible

For now, it's better not to share your bitcoin ownership with someone you just met, it's much safer and makes you calm

[AakZaki]

Hardware wallets were the best to secure the holdings. Online wallets can be preferred for limited spending, which means for daily transactions. If the plan is for long term holding, then hardware wallets were the right pick. Even online wallets are secure providing with multiple layers of security which includes recovery phrase, 2FA, e-mail verification. It is upto the usage to go for different wallets. Some used to store on Exchanges as they involve in daily trading. That is a high risk storage in my view.

Hardware wallets are indeed the most secure primary storage compared to other storages. Storage in a mobile wallet still has risks, but it will also help to make trades without requiring a lot of verification. some people need quick verification because they trade on every Dex, or trade on an exchange. The most important thing is to always keep your personal wallet safe, and divide each asset into several groups. for the long term, short term and used for trading.

[xSkylarx]

Hardware wallets were the best to secure the holdings. Online wallets can be preferred for limited spending, which means for daily transactions. If the plan is for long term holding, then hardware wallets were the right pick. Even online wallets are secure providing with multiple layers of security which includes recovery phrase, 2FA, e-mail verification. It is upto the usage to go for different wallets. Some used to store on Exchanges as they involve in daily trading. That is a high risk storage in my view.

Hardware wallets are indeed the most secure primary storage compared to other storages. Storage in a mobile wallet still has risks, but it will also help to make trades without requiring a lot of verification. some people need quick verification because they trade on every Dex, or trade on an exchange. The most important thing is to always keep your personal wallet safe, and divide each asset into several groups. for the long term, short term and used for trading.

As of now, this is the most secure. I'm not sure if there are any new innovations in storing bitcoin as safely as possible, but I think having it safe while also being able to easily get that bitcoin out is important because some people have difficulty accessing it. Consider the possibility that you have a super secure wallet that you have forgotten how to open. Hardwallet like ledger is the best right now and most recommended, but I believe you could be hacked by it if you are the one who provides it but are unaware, so let us be cautious at all times.

[Imran232]

Well, this is really a headache. Though I learned a trick from a friend, he taught me a trick that I followed. And the trick is that I didn't connect my wallet to my smartphone all the time. When I needed it, I just connected and used it. Then I disconnected it again. Though it is really frustrating, if I need the security of my money, then I have to do a little work. Despite the fact that I have set my wallet as a watchlist so that I can track all data, I can use it without being connected. in this case, I also carry my seed by 2-3 notes and in a different way so that if someone steals everything, he still can't get access to it. I also use all my seeds in videos as subtitles and audio tracks, which I store online, but it would be tough for others to crack those 24 words of seed. Look, I believe if you want to secure your money, you have to do a little work, but if you do it properly one time, you don't need to do it again and again. That's it. Thank you.

[dezoel]

the digital era requires us to save our money on smartphones, now more and more people are traveling with cellphones that contain digital money or even the bitcoins they buy. is there a safe way for us to stay safe from robbers when we have bitcoin assets on our smartphone, thank you

Most of the people that stores their cryptocurrencies usually use their phones to access them. Like me every time, I always make use of my smartphone If  I want to send cryptocurrency and my cryptocurrency wallet is also on my smart phone, installed. Maybe for a case like this,  the best you can do is to just also have or create an access to your wallet on your computer that you don’t carry around, and if anything should happen that you lose your smartphone and someone is likely to gain access to your wallet, you can quickly use your computer to access that wallet and lock it or move your funds to a different address or wallet.

[pakpahan]

Well, this is really a headache. Though I learned a trick from a friend, he taught me a trick that I followed. And the trick is that I didn't connect my wallet to my smartphone all the time. When I needed it, I just connected and used it. Then I disconnected it again.

That trick really gives a headache


I read there is one other best way that can be tried but currently Samsung 2018 product users are free to use it, I don't know if other smartphones have it, i.e. activate the samsung safe folder, move the wallet application into the safe folder and hide the safe folder.

https://www.androidauthority.com/samsung-secure-folder-908758/

[kotajikikox]

Well, this is really a headache. Though I learned a trick from a friend, he taught me a trick that I followed. And the trick is that I didn't connect my wallet to my smartphone all the time. When I needed it, I just connected and used it. Then I disconnected it again.

That trick really gives a headache

Yet that is safer mate because you don't have to escape from using free wifi when you are out of house.

not like if your wallets are online you are always scared of some hacks happens from your device.

I read there is one other best way that can be tried but currently Samsung 2018 product users are free to use it, I don't know if other smartphones have it, i.e. activate the samsung safe folder, move the wallet application into the safe folder and hide the safe folder.

https://www.androidauthority.com/samsung-secure-folder-908758/

Wow thanks for this, i have not know this if you did not share here.

will check this certainly today if how safe and how to use.

[songchunlai]

You need a big wallet and a small wallet and then you hand over your small wallet

[haasanjui]

Bitcoin is safe in Cold wallets (offline wallets) because no one can access your account through internet and your fund will secure.

[marilynmanson21]

My initial alternative is a safe wallet for storing assets is a hardwallet where we can leave it at home when traveling and bring enough crypto funds if needed while on vacation, because people already know what crypto is and it is often operated on mobile phones.

[Hypnosis00]

the digital era requires us to save our money on smartphones, now more and more people are traveling with cellphones that contain digital money or even the bitcoins they buy. is there a safe way for us to stay safe from robbers when we have bitcoin assets on our smartphone, thank you

Most of the people that stores their cryptocurrencies usually use their phones to access them. Like me every time, I always make use of my smartphone If  I want to send cryptocurrency and my cryptocurrency wallet is also on my smart phone, installed. Maybe for a case like this,  the best you can do is to just also have or create an access to your wallet on your computer that you don’t carry around, and if anything should happen that you lose your smartphone and someone is likely to gain access to your wallet, you can quickly use your computer to access that wallet and lock it or move your funds to a different address or wallet.

It is to see that we are vulnerable to any attack from hackers like sending links and malware leading them to have access to our phone. As we are using the internet these days, it was a sad note that we don't find a way to have the safest and safest place to hide our keys our crypto. As even hardware wallet that most are thinking the best way to hide our coins, it wasn't literally guaranteed safe.

Honestly, there is no safe in using the internet. And that is why I use to convert my crypto into fiat and deposit in the banks, that was the best move, I think.

[Renampun]

My initial alternative is a safe wallet for storing assets is a hardwallet where we can leave it at home when traveling and bring enough crypto funds if needed while on vacation, because people already know what crypto is and it is often operated on mobile phones.

if you really have to leave your crypto asset hardware wallet at home, the place must be safe and hidden...

maybe at this time the robbery of crypto assets as above has not been widespread but in the next few years we do not know what will happen to the general public, with the increasing difficulty of making money offline, criminals will target those who have crypto assets, especially if that person often expose own a lot of crypto assets.

[Rengga Jati]

How is the safest of the 'safest ways' to store Bitcoin?

I don't think that there is the safest way to store Bitcoin. No one will guarantee that one will be safest enough to save your BTC even in online or offline wallets. Because we know that besides the hardware or software that we are using, there will be also probabilities of human error, making mistakes of sending in wrong wallets, forgetting in saving the data to access the wallet, losing the wallets and others.
Moreover if this is about online wallets, there may be viruses, hackers, scammers, and also other probabilities of losing assets from the online wallets.

the digital era requires us to save our money on smartphones, now more and more people are traveling with cellphones that contain digital money

Are you sure about this?
Well, it may be very portable to bring our smartphones everywhere and we can check our assets every time as we like by using smartphones. But this is also risky because we don;t know whether the phone will be broken or lost someday, and the assets will be also lost.

[TinaK]

For now, only a hard wallet is the safest way to store our bitcoin, as long as you have full control over your key, your bitcoin is safe.
There is no safety when we are still connected to the internet, that is why people do prefer also the air-gapped wallet which is a device that doesn't have connected to the internet and that is safe.

That is spent on how you will care for your wallet, even how safe it is it's been always prone to a hack if you are not taking care of your wallet.

[Obito]

There's no safest way to store bitcoin, any means of storage is already safe. The only problem is the people, because what's the use of a good security if you blabber about your credentials to many people. I stand by that belief that people should be the most responsible in their own security and that they put the safety of their bitcoins into action. That's why it's important to learn digital security now more than ever with everything going digital, I think that it's best course or if not then you can probably limit the technology in your house connected to the Internet.

[Donatas Leonavicius]

Use cold ❄ wallet such as trezor or ledger if you have more Bitcoins..

When you write 📝 your cold wallet recovery seeds, hide your computer 🖥 front and back camera 📸!
Also 📱 smartphone too, hide from both cameras...
It's very important...

Use pasphrasse...

Cut in half your recovery seeds paper 📄

And make copies of that...

Upadete your hardware wallets software...

Stay safe friends

Many thanks for watching

[amihada]

Bitcoin is safe in Cold wallets (offline wallets) because no one can access your account through internet and your fund will secure.

I think even though we store bitcoins in linked wallets, other people can't break them unless we give the keys to others, that's the proof now many big investors keep bitcoins in internet connected wallets, but their assets are safe and secure.

[haasanjui]

Safest to safest way to secure bitcoin is to use cold wallets. These wallets are offline. No any malware attack or phishing attack risk found in cold wallets. It is safest place to store BTC in crypto currency.

[Natalim]

There's no safest way to store bitcoin, any means of storage is already safe. The only problem is the people, because what's the use of a good security if you blabber about your credentials to many people. I stand by that belief that people should be the most responsible in their own security and that they put the safety of their bitcoins into action. That's why it's important to learn digital security now more than ever with everything going digital, I think that it's best course or if not then you can probably limit the technology in your house connected to the Internet.

At the moment we use the internet to access our wallets and do some online transactions that bring risks and vulnerability to any form of attacks. That is why we can't find such thing as "The safest way". Hackers will attack us sometimes become unnoticed that can't be detected until the moment that we check our wallet that it was empty already.
What we gonna do is to keep away from accessing untrusted sites, clicking links sends via email, or anything that looks suspicious as this might be lead the scammers to get in and take control of our keys.

[lucates]

When the lives of your family members are at risk, it doesn't really matter how you store your coins. What are you going to do? Are you going to tell the robbers I am not giving you my coins, feel free to torture my wife and child?!

If a robber knows about Bitcoin, gets access to your phone, and finds a crypto wallet, he will try to get you to give it to him. The only way you can protect yourself is by not storing all your coins in the same wallet. Diversification is the key. Keep just a portion in a hot wallet (such as a phone), while the rest is safely stored and inaccessible. If you have to give it up, you only give the robbers the keys to your hot wallet. They can't possibly know about the rest if there is no info about it on your phone and if you haven't told someone about it. 

Exactly, cold wallet or hot wallet each one have their own positives and negatives we can't blindly relay on either one. So diversification of money is the most effective answer for that, so we do not risk all money at any crucial point of time. In my opinion keeping more than two wallets is continually safe.