Author Topic: What is your best Bitcoin Security practices? (Read 705080 times)

bitcoinforum.com · « **on:** January 22, 2018, 02:05:35 PM »

What is your best Bitcoin Security practices?

From bitcoin.org:

Quote

Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly.Always remember that it is your responsibility to adopt good practices in order to protect your money.
Source: https://bitcoin.org/en/secure-your-wallet

Shital · « **Reply #165 on:** July 31, 2021, 07:47:11 AM »

I am right now trading with Forex and Learning to strive through the market. I would definitely like to try it sometime.

korbel · « **Reply #166 on:** August 02, 2021, 10:15:36 AM »

Two factor authorization, strong password, and cold wallets)

Zize55 · « **Reply #167 on:** August 03, 2021, 05:58:09 AM »

I think there's no need to rush into bitcoin right now. Because it's not stable. I want to buy crypto. As long as it's at an affordable price. It might take off soon from some news. Or one person's activity on the internet. It's been a long time since I've seen one person have such an impact on so many people. It's even frightening. I don't think it's hard to keep bitcoin safe. It just takes a good wallet to get started. And then you just save it up. I also use different exchanges for other cryptocurrencies. It's interesting.

Dora WalletInvestor · « **Reply #168 on:** August 30, 2021, 07:48:58 AM »

Quote from: CryptoStar19 on June 14, 2021, 05:23:55 PM

Best security practice with bitcoin is storage in some kind of cold wallet, that is a wallet that is not connected to the internet. Beyond that a physical back up of the seed phrase stored in a safe place... the safest of places likely being a safety deposit box at a bank.

Great tip! By no means should one store the information on a piece of paper randomly in the house or in electronic notes or anything like that.

momo3HC · « **Reply #169 on:** September 06, 2021, 04:33:28 PM »

Let`s see... What cold recovery seed storages for cryptocurrency are you using? Which are the best?

Dora WalletInvestor · « **Reply #170 on:** September 13, 2021, 08:41:57 AM »

Quote from: momo3HC on September 06, 2021, 04:33:28 PM

Let`s see... What cold recovery seed storages for cryptocurrency are you using? Which are the best?

Like someone said previously in this topic, storing it written down in a safe in a bank would be a good way of storing it. Alternatively, if you can get a good safety deposit box for your home, that's a good option, too.

The Mad Trader · « **Reply #171 on:** September 13, 2021, 11:57:05 PM »

Keep your private keys away from all forms of danger

momo3HC · « **Reply #172 on:** September 25, 2021, 11:01:33 AM »

Quote from: Dora WalletInvestor on September 13, 2021, 08:41:57 AM

Like someone said previously in this topic, storing it written down in a safe in a bank would be a good way of storing it. Alternatively, if you can get a good safety deposit box for your home, that's a good option, too.

Yes but i mean on what material do you storage it? It`s not paper obviously.

cashisking86 · « **Reply #173 on:** October 15, 2021, 07:00:53 PM »

Nano ledger in a safe for me. Build up in an Exodus wallet and then periodically transfer over.

Nissan · « **Reply #174 on:** October 16, 2021, 05:05:17 PM »

I have simple methods - I never turn off my antivirus, and I have one of the best. I also try not to go to dubious sites and do not install dubious software. If it is necessary or interesting, I use a virtual machine.

jason7343 · « **Reply #175 on:** October 18, 2021, 10:17:38 AM »

**Tips to secure bitcoin**

1. Be careful with online services.
2. Small amounts for everyday uses.
3. Backup your wallet
4. Encrypt your wallet
5. Offline wallet for savings
6. Keep your software up to date
7. Multi-signature to protect against theft

momo3HC · « **Reply #176 on:** October 31, 2021, 01:02:03 PM »

May be no one from you get right my question... I mean do some one from you is using such kind of Metal Bitcoin Seed Storage -> https://jlopp.github.io/metal-bitcoin-storage-reviews/?fbclid=IwAR3ByN_DuHGnNOpWk_Y5V8RmhlrIEcLTWPTCyZlGZzPjD-C8lli0rmhHy7s

darogger007 · « **Reply #177 on:** November 05, 2021, 11:39:42 AM »

Cold storage (or offline wallets) is one of the safest methods for holding bitcoin, as these wallets are not accessible via the Internet, but hot wallets are still convenient for some users.

momo3HC · « **Reply #178 on:** November 07, 2021, 04:47:32 PM »

Quote from: darogger007 on November 05, 2021, 11:39:42 AM

Cold storage (or offline wallets) is one of the safest methods for holding bitcoin, as these wallets are not accessible via the Internet, but hot wallets are still convenient for some users.

I know this already. Just check my previous post to see what i`m asking exactly.

costom · « **Reply #179 on:** November 10, 2021, 06:56:05 PM »

I prefer a cold wallet

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What is your best Bitcoin Security practices?