Author Topic: What is your best Bitcoin Security practices?  (Read 845694 times)

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What is your best Bitcoin Security practices?
« on: January 22, 2018, 02:05:35 PM »

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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
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Offline 101Crypta

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Re: What is your best Bitcoin Security practices?
« Reply #1 on: February 02, 2018, 01:05:48 PM »
I would advise the best Bitcoin purse is blockchain

Offline thomas-xmrcgpu

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Re: What is your best Bitcoin Security practices?
« Reply #2 on: February 03, 2018, 08:53:01 PM »
No online wallet, no funds on exchanges, only use decentralized exchanges like Shapeshift, no hardware wallet (you really don't know what's going on there).
Firewall outgoing connection monitoring.
Get rid of bloatware, telemetry and unnecessary processes.
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Offline Hardmandie

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Re: What is your best Bitcoin Security practices?
« Reply #3 on: February 09, 2018, 08:28:24 PM »
Store bitcoin in wallet and not exchange platforms. Save your secret keys on a hard drive, external if possible. Install a strong antivirus on your system to prevent hack. Do not save passwords on your computer.

Offline BlockTechnology

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Re: What is your best Bitcoin Security practices?
« Reply #4 on: February 22, 2018, 01:36:58 PM »
The best option is a hardware or paper wallet

Offline cryptojack

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Re: What is your best Bitcoin Security practices?
« Reply #5 on: February 22, 2018, 04:40:25 PM »
My advice is to use the official Bitcoin Core client. You will have least problems with forks and you can support the Bitcoin network.

Offline XIntel

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Re: What is your best Bitcoin Security practices?
« Reply #6 on: February 23, 2018, 07:52:15 AM »
Always backup to a secured external hard drive!

Offline CryptoCZ

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Re: What is your best Bitcoin Security practices?
« Reply #7 on: March 01, 2018, 02:31:05 PM »
I prefer "cold storage" wallets

Offline Tellmoth

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Re: What is your best Bitcoin Security practices?
« Reply #8 on: March 02, 2018, 08:06:29 PM »
I prefer "cold storage" wallets

Absolutely agree with this, most sensible way by far, in my humble opinion. There is never total security but it's the closest approach.
May you live in interesting times

Offline innate

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Re: What is your best Bitcoin Security practices?
« Reply #9 on: March 05, 2018, 06:41:38 AM »
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Offline CryptoCZ

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Re: What is your best Bitcoin Security practices?
« Reply #10 on: March 06, 2018, 02:57:52 PM »
Absolutely agree with this, most sensible way by far, in my humble opinion. There is never total security but it's the closest approach.
Yes. In an extreme case, for coins for which there is not yet a wallet, you can use a paper wallet

Offline EnKoT

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Re: What is your best Bitcoin Security practices?
« Reply #11 on: March 06, 2018, 05:40:48 PM »
No online wallet, no funds on exchanges, only use decentralized exchanges like Shapeshift, no hardware wallet (you really don't know what's going on there).
Firewall outgoing connection monitoring.
Just reading on bitcoinwiki, it says that to date there have been no verifiable incidents of Bitcoins stolen from hardware wallets and much of the time, the software is open source, allowing a user to validate the entire operation of the device. so... ;)

A really important point is not to operate on a public Wifi....there are already several cases where hackers have stolen bitcoins on open unsecure wifis.

Offline CryptoCZ

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Re: What is your best Bitcoin Security practices?
« Reply #12 on: March 09, 2018, 04:05:57 PM »
Just reading on bitcoinwiki, it says that to date there have been no verifiable incidents of Bitcoins stolen from hardware wallets and much of the time, the software is open source, allowing a user to validate the entire operation of the device. so... ;)

A really important point is not to operate on a public Wifi....there are already several cases where hackers have stolen bitcoins on open unsecure wifis.
Yes, it is better to disconnect all possible purses from network access

Offline SpectroCoin.com

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Re: What is your best Bitcoin Security practices?
« Reply #13 on: March 22, 2018, 03:55:08 PM »
Paper wallets or hardware wallets is one way to go, but once lost, it's gone. Some online wallets such as SpectroCoin have 2FA for logins and for each attempt of a transaction. It also notifies you whenever a new IP address logs in to your account and stores the cryptocurrencies in an offline (cold storages). It provides a very secure environment for all users and promotes safety for such an era.

Offline CryptoCZ

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Re: What is your best Bitcoin Security practices?
« Reply #14 on: March 25, 2018, 10:45:47 AM »
Paper wallets or hardware wallets is one way to go, but once lost, it's gone. Some online wallets such as SpectroCoin have 2FA for logins and for each attempt of a transaction. It also notifies you whenever a new IP address logs in to your account and stores the cryptocurrencies in an offline (cold storages). It provides a very secure environment for all users and promotes safety for such an era.
But access to the wallet can be obtained from the network, it is not disconnected?

 

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