Author Topic: What is your best Bitcoin Security practices?  (Read 895145 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 KateNickolson

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Re: What is your best Bitcoin Security practices?
« Reply #210 on: May 23, 2022, 05:44:30 PM »

your ads here
I agree with the opinion that the best option is a hardware or paper wallet.

Offline Cynthia Adams

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Re: What is your best Bitcoin Security practices?
« Reply #211 on: June 03, 2022, 12:37:20 PM »
Going through exchange platforms reviews.

Offline SpenserReed

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Re: What is your best Bitcoin Security practices?
« Reply #212 on: June 04, 2022, 04:02:58 PM »
What is your best Bitcoin Security practices?

From bitcoin.org:


Cold wallets are the best!  8)

Offline Sheenamarlene

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How much amount needed for build a cryptocurrency exchange platform?
« Reply #213 on: August 10, 2022, 01:07:36 PM »
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Offline deoolosmaflasw

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Re: What is your best Bitcoin Security practices?
« Reply #214 on: August 19, 2022, 08:16:28 AM »
[size=0px]The best option is a hardware or paper wallet[/size]
Hi there

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Re: What is your best Bitcoin Security practices?
« Reply #215 on: November 15, 2022, 12:57:07 PM »
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Offline zaarmeen

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Re: What is your best Bitcoin Security practices?
« Reply #216 on: December 07, 2022, 06:59:48 AM »
Digital currency owners typically store their currency as a key with passwords in a digital wallet, often on a mobile device. Since these forms of storage are still technically online, there are inherent risks, which can be reduced by moving cryptocurrency offline. Referred to as “cold storage,” using an offline vault or wallet could reduce the potential risk of holding digital currency.

Offline PaulSchiffer

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Re: What is your best Bitcoin Security practices?
« Reply #217 on: December 25, 2022, 10:24:09 AM »
Hi, it's so intresting for me.

Offline ESALADA

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Re: What is your best Bitcoin Security practices?
« Reply #218 on: January 13, 2023, 01:52:02 PM »
Hello, my name is eva and I am a trader. I mostly use a cold wallet to store my cryptocurrencies. It is true that for transactions I use a warm wallet because it is more comfortable and I do transactions regularly.
However, when it comes to storing them I use the cold wallet, especially because it is not hackable. I feel safer this way


For the hot wallet I use Binance, for the cold one I use material bitcoin because I heard very good reviews and so far so good.

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Re: What is your best Bitcoin Security practices?
« Reply #219 on: February 27, 2023, 10:24:53 AM »
I recommend using HSM Access (https://helenix.com/hsm-access/) as a security practice. HSM Access provides a comprehensive solution to enhance the security and advancement of your online payment process through the adoption of Strong Customer Authentication (SCA) principles mandated by PSD2, all in one place.

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Re: What is your best Bitcoin Security practices?
« Reply #220 on: February 27, 2023, 12:39:53 PM »
Hey there! If you're looking to keep your Bitcoin secure, there are a few practices you should follow. First, always use a reputable wallet and enable two-factor authentication. Second, keep your private keys safe and don't share them with anyone. And finally, be cautious when using public Wi-Fi or accessing your wallet on shared devices. Stay safe out there!

Offline bitnomad.store

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Re: What is your best Bitcoin Security practices?
« Reply #221 on: March 04, 2023, 04:41:13 PM »
Offline hardwallet has always been our security practices  :P

Offline JeremyW99

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Re: What is your best Bitcoin Security practices?
« Reply #222 on: March 10, 2023, 04:01:11 PM »
Hardware wallet + memorization of several words within the seed phrase.

Offline noahlucas

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Re: What is your best Bitcoin Security practices?
« Reply #223 on: March 13, 2023, 07:57:23 AM »
I can provide you with some general best practices for securing your Bitcoin:

   1. Use a reputable wallet: Choose a wallet from a well-known and established provider to reduce the risk of using a malicious or unsecure wallet.

   2. Use two-factor authentication: Adding an extra layer of security by enabling two-factor authentication (2FA) can help protect your Bitcoin from unauthorized access.

   3. Use a strong password: Use a strong, unique password that is not easy to guess or brute-force.

   4. Keep your private keys offline: Keep your private keys in a hardware wallet or paper wallet to reduce the risk of being hacked online.

   5. Keep your software up-to-date: Regularly update your wallet software and any other software or operating systems that you use to keep your Bitcoin secure.

   6. Use a VPN: When using a public Wi-Fi network, connect through a virtual private network (VPN) to ensure that your internet connection is secure.

   7. Be cautious of phishing scams: Be vigilant and never click on links or download attachments in suspicious emails, texts or messages.

    8. Diversify your portfolio: It is generally recommended to diversify your investments and not put all your eggs in one basket, which means not investing all your money into Bitcoin.

Remember that these are general best practices and always conduct thorough research and consider consulting with a professional before making any financial decisions.
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Re: What is your best Bitcoin Security practices?
« Reply #224 on: May 08, 2023, 06:58:10 PM »
I keep multiple backups with external HDD

 

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