Advertise with us (we do not endorse any site advertised)

Author Topic: What is your best Bitcoin Security practices?  (Read 15061 times)

0 Members and 1 Guest are viewing this topic.

Offline jitenrajput

  • Newbie
  • Joined: Feb 2018
  • Posts: 33
  • Country: hk
  • Thanked: 1 times
  • Karma: +0/-0
  • Gender: Male
    • View Profile
    • Encybit
Re: What is your best Bitcoin Security practices?
« Reply #15 on: March 27, 2018, 05:19:03 AM »
Below are some of the best bitcoin security practices:
  • You yourself are responsible for the protection of bitcoins possessed by you. Do not depend on others.
  • Make use of multi-signature wallet for better protection.
  • Your private key should be saved at two to three different locations like paper wallet, hard drive or USB. So, if it lost from one place, you have a backup and you do not lose your bitcoins.
  • For your account on cryptocurrency exchange platforms and wallets, do not use the same email address and passwords as your other mailing and social media accounts. Use distinct addresses and strong passwords.
  • Never post on social media about your wallet information. Keep it a top secret.
  • Always use a two factor authentication.
  • Install a good antivirus software on devices through which you trade bitcoins.
  • Store your confidential data (private key) in encrypted format if possible.






Cryptography & Bitcoin Consultant @ encrybit.io


Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 71
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #16 on: March 28, 2018, 11:42:17 AM »
Below are some of the best bitcoin security practices:
  • You yourself are responsible for the protection of bitcoins possessed by you. Do not depend on others.
  • Make use of multi-signature wallet for better protection.
  • Your private key should be saved at two to three different locations like paper wallet, hard drive or USB. So, if it lost from one place, you have a backup and you do not lose your bitcoins.
  • For your account on cryptocurrency exchange platforms and wallets, do not use the same email address and passwords as your other mailing and social media accounts. Use distinct addresses and strong passwords.
  • Never post on social media about your wallet information. Keep it a top secret.
  • Always use a two factor authentication.
  • Install a good antivirus software on devices through which you trade bitcoins.
  • Store your confidential data (private key) in encrypted format if possible.
By the way saw the news that multi-signature in some wallets have already learned to hack

Offline MaRiNA_098

  • Newbie
  • Joined: Mar 2018
  • Posts: 14
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #17 on: March 30, 2018, 09:18:10 AM »
Educate yourself, buy the dips, use a hardware wallet.

Offline ebanker

  • Newbie
  • Joined: Apr 2018
  • Posts: 33
  • Thanked: 1 times
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #18 on: April 01, 2018, 05:57:22 AM »
Cold Storage and Paper Wallet are good. Saving on exchange will also work.
The following users thanked this post: saturn.network

Offline saturn.network

  • Newbie
  • Joined: Apr 2018
  • Posts: 28
  • Country: 00
  • Karma: +0/-0
  • https://saturn.network
    • View Profile
    • Saturn Network
Re: What is your best Bitcoin Security practices?
« Reply #19 on: April 02, 2018, 02:52:24 PM »
Below are some of the best bitcoin security practices:
  • You yourself are responsible for the protection of bitcoins possessed by you. Do not depend on others.
  • Make use of multi-signature wallet for better protection.
  • Your private key should be saved at two to three different locations like paper wallet, hard drive or USB. So, if it lost from one place, you have a backup and you do not lose your bitcoins.
  • For your account on cryptocurrency exchange platforms and wallets, do not use the same email address and passwords as your other mailing and social media accounts. Use distinct addresses and strong passwords.
  • Never post on social media about your wallet information. Keep it a top secret.
  • Always use a two factor authentication.
  • Install a good antivirus software on devices through which you trade bitcoins.
  • Store your confidential data (private key) in encrypted format if possible.


I would agree that these are some great practices, remember it is not crypto if you do not have hold of your private key.
Sam - https://saturn.network - Community Manager
blog: https://rados.io
DEX: https://radex.ai

Offline GODcoin

  • Newbie
  • Joined: Apr 2018
  • Posts: 10
  • Country: 00
  • Karma: +0/-0
  • GODcoin ICO Launch Now LIVE!!
    • facebook.com/GOD.coin.gold
    • plus.google.com/110351809386138038654
    • linkedin.com/in/theofficialgodcoin
    • reddit.com/user/godcoingold
    • stumbleupon.com/stumbler/godcoingold
    • tumblr.com/blog/godcoingold.tumblr.com
    • twitter.com/GodCoinGold
    • View Profile
    • GODcoin Official Website
Re: What is your best Bitcoin Security practices?
« Reply #20 on: April 06, 2018, 10:26:37 PM »
Multiple-Factor Authentication on several levels of a website or blockchain go a very long way. But yes, I'm also in agreement that Cold Storage is the way to go.

Offline AKminer Service

  • Newbie
  • Joined: Feb 2018
  • Posts: 9
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #21 on: April 09, 2018, 12:22:36 PM »
I am truly appreciate your site, This site features are very amazing.also please choose reliable online shop if you want to but bitcoin ASIC miner ,maybe AKMiner could help you well ,it is professional miners supplier based in China and many global retail clients bought from here .

Offline KakushinEcosystem

  • Newbie
  • Joined: Apr 2018
  • Posts: 2
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • facebook.com/https://www.facebook.com/KakushinEcosystem
    • reddit.com/user/https://www.reddit.com/r/Kakushin/
    • twitter.com/https://twitter.com/kakushineco
    • View Profile
    • Kakushin Ecosystem
Re: What is your best Bitcoin Security practices?
« Reply #22 on: April 10, 2018, 12:37:22 PM »
I think the Wallet is the best option of secure BTC.
Kakushin Ecosystem

Offline SpectroCoin.com

  • Newbie
  • Joined: Jan 2015
  • Posts: 20
  • Country: 00
  • Karma: +0/-0
  • ETH, XEM, DASH, BTC EXCHANGE & BLOCKCHAIN WALLET
    • facebook.com/spectrocoin
    • reddit.com/user/SpectroCoin_support
    • twitter.com/spectrocoin
    • View Profile
    • SpectroCoin.com
Re: What is your best Bitcoin Security practices?
« Reply #23 on: April 13, 2018, 08:21:48 AM »
But access to the wallet can be obtained from the network, it is not disconnected?


Yes, as long as you are able to log in to your account, you will always have access to your wallet and be able to deposit/withdraw from it without limits set (speaking of our services here). Maybe it is different in other platforms.


Offline Zoey_iam

  • Newbie
  • Joined: Apr 2018
  • Posts: 11
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #24 on: April 13, 2018, 10:07:22 PM »
I would advise the best Bitcoin purse is blockchain

I've never tried blockchain but have also heard some good reviews about it.

Offline yazzy

  • Newbie
  • Joined: Apr 2018
  • Posts: 16
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #25 on: April 15, 2018, 11:17:00 PM »
Get a good wallet that can secure your account.  I have tried several wallets and it's good to see the best reviews before choosing the right one for you.

Offline betcoinworld

  • Newbie
  • Joined: Apr 2018
  • Posts: 1
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #26 on: April 17, 2018, 01:56:49 PM »


When using an online service such as a bitcoin exchange: Enable 2-Factor-Authentication (like Google authentication) on your account!

Always have direct control of your bitcoins (private keys). If you don’t have the keys, you don’t control the bitcoins.
Make regular backups of your bitcoin wallet!
Also, the best security practices would be using a hybrid exchange during transactions and  BetCoin offers a hybrid exchange platform.


Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 71
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #27 on: April 17, 2018, 02:47:46 PM »

When using an online service such as a bitcoin exchange: Enable 2-Factor-Authentication (like Google authentication) on your account!

Always have direct control of your bitcoins (private keys). If you don’t have the keys, you don’t control the bitcoins.
Make regular backups of your bitcoin wallet!
Also, the best security practices would be using a hybrid exchange during transactions and  BetCoin offers a hybrid exchange platform.
2-Factor-Authentication enought for good security?

Offline Garden

  • Jr. Member
  • *
  • Joined: Nov 2017
  • Posts: 65
  • Country: 00
  • Karma: +0/-0
    • View Profile
  • Bitcoin Address: 1BBz5PuGVnH1ZKn1WwUniA68kTURzUG4Ea
Re: What is your best Bitcoin Security practices?
« Reply #28 on: May 27, 2018, 09:55:30 AM »
I think converting your wallet to paper wallet by storing it in a cold storage is the best practice I have done so far for making my wallet safe. I also change the passwords on regular basis which is also a good habit. What are your thoughts traders?

Offline crypterum

  • Newbie
  • Joined: May 2018
  • Posts: 26
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #29 on: June 04, 2018, 08:12:01 AM »
cold storage is the best one


 

New free bitcoin security test

Started by bitcoinwallettest

Replies: 0
Views: 801
Last post February 22, 2014, 02:18:04 PM
by bitcoinwallettest
Bitcoin-Qt, bitcoind version 0.5.2 released

Started by bitcoinforum.com

Replies: 1
Views: 182972
Last post March 09, 2012, 12:09:19 PM
by marked
Bitcoin Magazine

Started by bitcoinforum.com

Replies: 2
Views: 137442
Last post December 04, 2012, 11:55:55 PM
by bitcoinforum.com
How did you get into bitcoin?

Started by bitcoinforum.com

Replies: 367
Views: 3471553
Last post Yesterday at 11:17:43 AM
by JosefinaCrane
Take the Name.com Survey VOTE for BITCOIN!!!

Started by bitcoinforum.com

Replies: 4
Views: 118283
Last post October 19, 2014, 02:01:55 PM
by narf79

your ads here