bitbollo
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April 12, 2022, 01:26:16 PM |
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Can anyone recommend me a safe place to store my bitcoins?
I suggest you take a look at the following protocol https://glacierprotocol.org/ because it explains step by step how to create an ultra-secure wallet and all the possible risks you may encounter in the creation or storage phases. In general, here it is up to you and your current situation to determine which could be the most effective tool for storing your coins / private keys ...
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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alik111
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April 12, 2022, 08:11:15 PM |
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If you want to store your funds with the most security then just go for a hardware wallet.Here your Bitcoin Will be the most secured.If you want to store in online then you can choose electrum wallet. But I will suggest to go for the hardware wallet.
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mk4
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April 13, 2022, 03:44:10 AM |
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Is it safe to store in online wallets now?
It never will be safe. Only use online wallets for your daily spending balance(if you actually frequently spend bitcoin). Think of your hardware wallet as your bank account, while your online wallet is your physical wallet for your pocket cash.
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Bitcoin.PN
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April 13, 2022, 04:02:21 AM |
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The safest place where you can store your bitcoins in there is definitely in your personal wallet, for some people the leave-in having a hardware wallet and storing bitcoins in some hardware wallet such as Trezor is properly the safest place where you can store your bitcoins but other than this since you will have to spend some money buy a wallet if you want you to have a safe wallet without of spending a penny just store your bitcoins in some personal wallet where you can have access to your private keys and recovery seeds.
Exactly. If people only have hardware wallets, once stolen they will be very difficult to recover them. So just a personal wallet works wonders
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Lubang Bawah
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April 13, 2022, 07:52:39 AM |
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I had a bad experience because I store bitcoin in a wallet that has a private key, because the data is stored on a PC and often online, my PC is exposed to a malicious program so that I lost assets worth more than $2000. and this makes me prefer to store assets in top exchanges that I previously completed KYC and enabled all security features.
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Emitdama
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April 13, 2022, 06:03:17 PM |
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Ledger Nano S for sure. With the introduction of ledger live, where you could have trades as well, and the way it could be connected to metamask or anything like that, we are talking about serious power there. It is both quite secure and it will not be stolen or hacked, but it will also make sure that you are connecting to the world very safely as well.
However, you should be aware of the fact that most of the "stolen" money is via scams and not hacks. It means that there will be some projects you will want to spend money on, and in the end we are talking about getting fooled by people and investing money into things you shouldn't and lose it all.
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alexeyneu
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April 13, 2022, 06:13:36 PM |
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Can anyone recommend me a safe place to store my bitcoins?
For sure a hardware wallet are the one that the most safe as nobody will ever have an access into your bitcoin unless they have the hardware itself. No. every of these has a backup seed. and if you have it all stuff is yours
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Falconer
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April 13, 2022, 06:18:22 PM |
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I had a bad experience because I store bitcoin in a wallet that has a private key, because the data is stored on a PC and often online, my PC is exposed to a malicious program so that I lost assets worth more than $2000. and this makes me prefer to store assets in top exchanges that I previously completed KYC and enabled all security features. Once you know that bitcoin is a valuable asset then you should really realize that storing PK on the PC that you use everyday for browsing will certainly be very risky, especially if you have bad activities while browsing. You'll be safe with electrum if you know how to store it safely, so you shouldn't keep it on an exchange because it's not safe storage even if it has a good reputation right now. Note that Binance and some of the top exchange have been hacked before, so you are not completely safe just relying on the reputation of the exchange. Instead of keeping it on an exchange then I suggest you electrum if hardware wallets are really expensive for you.
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The Cryptovator
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April 13, 2022, 06:54:39 PM |
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Seems you got many suggestions here regarding the safest wallet. So you may pick from there now. I am using Ledger at the moment and sometimes use Electrum for small funds. But really I feel secure with Ledger. More important to secure your funds is how are securing your seed phrase. If you can't save your seed phrase and get compromised then even Ledger won't able to secure your funds. To learn more about cryptocurrency and how scammers trying to scam us.
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PhoenixZephyrus
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April 13, 2022, 08:03:16 PM |
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A hardware wallet is definitely the most safe way to go. People have recommended the two most widely used options above...Trezor and Ledger. So those would be the "safest options", provided that you follow all the recommended practices, keep a backup properly etc.
The other way that I recommend, which is frankly mostly because of the convenience (I don't have a huge amount of BTC, if you do, you should probably try a hardware wallet and even better would be to not put all your eggs in one basket, so separate stuff and keep in various wallets...trust me the investment is worth it if you own a considerable amount in BTC), is using Electrum. Its open source, and as long as you know what you're doing - everything's safe and in your hands. Its also very conveniently accessible, that helps.
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South Park
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April 13, 2022, 10:19:27 PM |
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Is it safe to store in online wallets now?
Of course not, now you may use an online wallet but only to store a few dollars worth of bitcoin in the case you want to buy something while you are outside your home, however the same can be done with a wallet installed on your smartphone with the advantage you are the only one that knows your seed words, look if you do not know how to secure your coins and you do not want to go through the trouble or learning how to do it then just get a hardware wallet, you only need a minimal amount of information to secure your coins properly if you use one, however the disadvantage is you will need to spend some money, but I think they are worth every cent as the security they provide is many times better than what a regular user can achieve on their own.
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Kelvinid
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April 13, 2022, 11:12:58 PM |
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I'm still using an online wallet, a non-custodial wallet but never did I put a huge amount in there. Because the most concern about an online wallet is the possibility to target by hackers. I'd never experienced this thing but much better to anticipate it rather than to say sorry.
It was really secure when using offline wallets OP, you've been hearing the suggestions above. Never think about how much it is but rather consider the safeguard of your assets especially if you are holding a lot of BTC.
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Tony116
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April 14, 2022, 03:04:11 AM |
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I had a bad experience because I store bitcoin in a wallet that has a private key, because the data is stored on a PC and often online, my PC is exposed to a malicious program so that I lost assets worth more than $2000. and this makes me prefer to store assets in top exchanges that I previously completed KYC and enabled all security features.
Storing all your assets on a centralized exchange is like depositing money in a bank and there is no guarantee that your assets will be safe. You don't hold your own keys and they can freeze your account whenever they want. If you are a day trader it makes sense, but never put all your assets on exchange and leave only the balance you need to trade. It's best to buy yourself a hardware wallet.
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ChiBitCTy
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April 14, 2022, 03:17:32 AM |
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The consensus best hardware wallets pretty much tends to be either Trezor - https://shop.trezor.io/ or Coldcard- https://store.coinkite.com/store/coldcard . I personally think that Trezors are overall better than Ledgers, and I think the Trezor T model just makes things easier. Either way Trezor or Coldcard you can’t go wrong.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Sir Legend
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April 14, 2022, 03:50:29 AM |
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After my wallet hack case, namely myetherwallet a few months ago, made me have to store assets in several places, and currently I use 2 exchanges wallets namely binance and huobi, and 1 trust wallet, for trust wallet I keep 12 seeds and I change 2 words randomly so that if anyone finds it will be difficult to guess.
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Pffrt
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April 14, 2022, 03:50:08 PM |
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Is it safe to store in online wallets now?
Online wallets are password protected and they can be easily stolen by hackers through a lot of ways. It’s be possible that you will risk your credential to be public. You can try cool storage like hardware wallet.
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Cling18
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April 14, 2022, 03:53:40 PM |
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Seems you got many suggestions here regarding the safest wallet. So you may pick from there now. I am using Ledger at the moment and sometimes use Electrum for small funds. But really I feel secure with Ledger. More important to secure your funds is how are securing your seed phrase. If you can't save your seed phrase and get compromised then even Ledger won't able to secure your funds. To learn more about cryptocurrency and how scammers trying to scam us.
I've been using ledger as well but to be honest, the best security that we could have is awareness and being keen. Any form of wallet is hackable nowadays but if we're knowledgeable on how to protect and handle our funds, we could store them safely. The best thing to do is to never store all your assets in a single wallet and always protect and keep your seed phrase.
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pawanjain
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April 14, 2022, 04:29:56 PM |
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It's not enough to store them on hardware wallets. Just saw this news earlier - Pinellas Park cybersecurity expert stole over $500K from client, police sayApparently, the guy saw his client's Trezor and the password in the same area while setting up a security system. I know it sounds stupid but many (or some) of us could easily commit this mistake since we tend to become complacent in our own homes. So needless to say, be more careful where you put your wallets and PW. Any of your friends/neighbors could come into your house and steal them from you. Yeah, that is absolutely right. Why would anyone enter a password to their crypto holdings when someone is around. I would be paranoid enough to take even the hardware wallet out when somebody is around. So in this case, it is absolutely the client's fault that he was casual enough and didn't take precautions. Using a hardware wallet is still the best choice when an individual wants to hold his funds for a long time.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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m2017
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April 14, 2022, 04:53:53 PM |
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Many here recommend using a hardware wallets to store bitcoins. Overall, this is a good solution for beginners due to its simplicity and ease of use. I support the recommended devices (because for beginners it is better than without HWs despite some of their shortcomings), Ledger and Trezor, but other options exist as well. [BIG LIST] Hardware wallets (80+) - perhaps you will like another device from this list, and not just Ledger or Trezor.
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