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Author Topic: What is your best Bitcoin Security practices?  (Read 441304 times)

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What is your best Bitcoin Security practices?
« 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
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
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Offline Xandria

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Re: What is your best Bitcoin Security practices?
« Reply #165 on: July 29, 2021, 03:54:27 AM »
Paper wallet or hardware wallet also saving the seed and the key in a safe place or in several distributing the information among them
A paper wallet will not save you from theft during use. The keys can be intercepted. The payment address can be substituted. In any case, an hardware wallet is better.

Offline Shital

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Re: What is your best Bitcoin Security practices?
« Reply #166 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.

Offline korbel

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Re: What is your best Bitcoin Security practices?
« Reply #167 on: August 02, 2021, 10:15:36 AM »
Two factor authorization, strong password, and cold wallets)
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Offline Zize55

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Re: What is your best Bitcoin Security practices?
« Reply #168 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.

Offline Dora WalletInvestor

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Re: What is your best Bitcoin Security practices?
« Reply #169 on: August 30, 2021, 07:48:58 AM »
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.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

Offline momo3HC

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Re: What is your best Bitcoin Security practices?
« Reply #170 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?

Offline Dora WalletInvestor

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Re: What is your best Bitcoin Security practices?
« Reply #171 on: September 13, 2021, 08:41:57 AM »
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.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

Offline Swiss_cheese

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Re: What is your best Bitcoin Security practices?
« Reply #172 on: September 13, 2021, 11:57:05 PM »
Keep your private keys away from all forms of danger


 

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