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Bitcoin => Bitcoin discussion => Topic started by: bitcoinforum.com on January 22, 2018, 02:05:35 PM

Title: What is your best Bitcoin Security practices?
Post by: 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
Title: Re: What is your best Bitcoin Security practices?
Post by: 101Crypta on February 02, 2018, 01:05:48 PM
I would advise the best Bitcoin purse is blockchain
Title: Re: What is your best Bitcoin Security practices?
Post by: thomas-xmrcgpu 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: Hardmandie 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: BlockTechnology on February 22, 2018, 01:36:58 PM
The best option is a hardware or paper wallet
Title: Re: What is your best Bitcoin Security practices?
Post by: cryptojack 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: XIntel on February 23, 2018, 07:52:15 AM
Always backup to a secured external hard drive!
Title: Re: What is your best Bitcoin Security practices?
Post by: CryptoCZ on March 01, 2018, 02:31:05 PM
I prefer "cold storage" wallets
Title: Re: What is your best Bitcoin Security practices?
Post by: Tellmoth 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: innate on March 05, 2018, 06:41:38 AM
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Title: Re: What is your best Bitcoin Security practices?
Post by: CryptoCZ 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
Title: Re: What is your best Bitcoin Security practices?
Post by: EnKoT 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: CryptoCZ 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
Title: Re: What is your best Bitcoin Security practices?
Post by: SpectroCoin.com 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: CryptoCZ 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?
Title: Re: What is your best Bitcoin Security practices?
Post by: jitenrajput on March 27, 2018, 05:19:03 AM
Below are some of the best bitcoin security practices:






Title: Re: What is your best Bitcoin Security practices?
Post by: CryptoCZ 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
Title: Re: What is your best Bitcoin Security practices?
Post by: MaRiNA_098 on March 30, 2018, 09:18:10 AM
Educate yourself, buy the dips, use a hardware wallet.
Title: Re: What is your best Bitcoin Security practices?
Post by: ebanker on April 01, 2018, 05:57:22 AM
Cold Storage and Paper Wallet are good. Saving on exchange will also work.
Title: Re: What is your best Bitcoin Security practices?
Post by: saturn.network 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: GODcoin 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.
Title: Re: What is your best Bitcoin Security practices?
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Title: Re: What is your best Bitcoin Security practices?
Post by: KakushinEcosystem on April 10, 2018, 12:37:22 PM
I think the Wallet is the best option of secure BTC.
Title: Re: What is your best Bitcoin Security practices?
Post by: SpectroCoin.com 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.

Title: Re: What is your best Bitcoin Security practices?
Post by: Zoey_iam 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: yazzy 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.
Title: Re: What is your best Bitcoin Security practices?
Post by: betcoinworld 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.

Title: Re: What is your best Bitcoin Security practices?
Post by: CryptoCZ 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?
Title: Re: What is your best Bitcoin Security practices?
Post by: Garden 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?
Title: Re: What is your best Bitcoin Security practices?
Post by: crypterum on June 04, 2018, 08:12:01 AM
cold storage is the best one
Title: Re: What is your best Bitcoin Security practices?
Post by: BestW1shes on June 04, 2018, 12:10:24 PM
i think hardware wallet is good choice
Title: Re: What is your best Bitcoin Security practices?
Post by: andrewbenson on June 07, 2018, 01:33:27 PM
The best Bitcoin purse is blockchain...but i have a simple question...am i able to convert MUSDcoins to BTC?????
Title: Re: What is your best Bitcoin Security practices?
Post by: BestW1shes on June 07, 2018, 01:54:34 PM
The best Bitcoin purse is blockchain...but i have a simple question...am i able to convert MUSDcoins to BTC? ??? ?
MUSDcoins Is there an exchange?
Title: Re: What is your best Bitcoin Security practices?
Post by: Karakat on July 01, 2018, 09:20:34 AM
Hi everybody, what security means for bitcoins exist, can anybody explain it to me? Thanks!
Title: Re: What is your best Bitcoin Security practices?
Post by: Karakat on July 01, 2018, 09:21:54 AM
I`ve heard something about blockchain technology and that it`s connected with bitcoin security, is it so, guys?
Title: Re: What is your best Bitcoin Security practices?
Post by: adconity on July 03, 2018, 05:23:56 AM
My best bitcoin security practice would be to store bitcoin in a wallet and not exchange platforms. Save your secret keys on a hard drive, external if possible. And most importantly, do not save passwords on your computer. Apart from trading and mining bitcoin, if you are looking to advertise your business on a crypto-friendly advertising platform, then Adconity is the place for you as Adconity is a user-friendly crypto-based advertising platform for advertisers and publishers with competitive pricing options. Visit the website for more information.
Title: Re: What is your best Bitcoin Security practices?
Post by: BestW1shes on July 03, 2018, 01:38:47 PM
My best bitcoin security practice would be to store bitcoin in a wallet and not exchange platforms. Save your secret keys on a hard drive, external if possible. And most importantly, do not save passwords on your computer. Apart from trading and mining bitcoin, if you are looking to advertise your business on a crypto-friendly advertising platform, then Adconity is the place for you as Adconity is a user-friendly crypto-based advertising platform for advertisers and publishers with competitive pricing options. Visit the website for more information.
Do you mean a paper wallet or a wallet like a ledger or a trezor?
Title: Re: What is your best Bitcoin Security practices?
Post by: amotionlabs on July 18, 2018, 10:03:36 AM
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Title: Re: What is your best Bitcoin Security practices?
Post by: acmediagroup on July 29, 2018, 08:00:37 PM
I would advise the best Bitcoin purse is blockchain
Title: Re: What is your best Bitcoin Security practices?
Post by: BestW1shes on July 30, 2018, 06:35:33 PM
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Title: Re: What is your best Bitcoin Security practices?
Post by: daviddaniels on August 06, 2018, 11:25:44 AM
For ICOs specifically, the KYC and ID verification methods are a great method to avoid frauds which are prevalent in Crypto industry.


Read More: https://shuftipro.com/blogs/kyc-aml-compliance-can-help-cryptocurrencies-earn-legitimacy/
Title: Re: What is your best Bitcoin Security practices?
Post by: daviddaniels on August 08, 2018, 12:44:29 PM
The important thing for ICOs is to get kyc verified. Different ICOs like KICKICO and Swiss Alps Mining have partnered with Shufti Pro an ID verification company to do their ICOs.


Read more: https://shuftipro.com/blogs/kyc-services-for-icos/
Title: Re: What is your best Bitcoin Security practices?
Post by: kalii on August 08, 2018, 02:32:52 PM
Paper wallet !!
Title: Re: What is your best Bitcoin Security practices?
Post by: daviddaniels on August 10, 2018, 10:59:07 AM
KYC and AML for ICOs is the best security protection available in the market. I would suggest newbies to watchout for that this will not be a fraud.
Title: Re: What is your best Bitcoin Security practices?
Post by: FutureICO on August 10, 2018, 08:25:17 PM
To be fair, the biggest security is when you are aware of all the developments that work around the field. IF you sure of that then you are sure to get plenty of rewards but if you don’t then it automatically puts you in major risk.

I make it my priority to keep myself updated with all the latest news and updates (https://www.asiacryptotoday.com/coinbase-increases-daily-limits/), which really works right for me and brings me a lot of rewards.
Title: Re: What is your best Bitcoin Security practices?
Post by: Falconnerie on August 11, 2018, 07:50:28 PM
The best security is to not participate in any ICO
Title: Re: What is your best Bitcoin Security practices?
Post by: amadeussitoi on August 14, 2018, 11:10:28 AM
The very important security practise is a strong password which is not used on any other website or account. This is the simplest rule, right? But still not everyody understand it's power.
Title: Re: What is your best Bitcoin Security practices?
Post by: oliverwilliams on August 20, 2018, 06:08:27 PM
dude
Title: Re: What is your best Bitcoin Security practices?
Post by: SarahApple on August 21, 2018, 12:59:42 PM
A paper wallet is working fine for me
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on August 21, 2018, 05:50:55 PM
What is your best Bitcoin Security practices?

From bitcoin.org:
[size=1.6rem]How are People Losing their Bitcoin to Hackers?[/size]To date, no one has been able to compromise the core Bitcoin network. Every major Bitcoin or cryptocurrency hack exploited vulnerabilities in third-party applications, crypto exchanges, or insecure crypto web sites. Third-party applications, crypto exchanges, and web sites make it easier for people to interact with the Bitcoin network.[size=1.6rem][/color][/size]
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on August 21, 2018, 05:51:50 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.
Online wallets, or e-wallets, allow you to buy, sell, and store your Bitcoin. If your e-wallet provider is compromised, your account’s password and private key would be at risk, and hackers would be able to transfer money out of your account. This isn’t a vulnerability in the Bitcoin network, but in the third-party application.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on August 21, 2018, 05:53:10 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.
It’s unquestionably an eventful time in the world of cryptocurrency and blockchain. If you want to participate in the space, just make sure you’re willing to accept the associated risk and to minimize that risk by doing everything you can to secure your digital assets and identity.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on August 21, 2018, 05:54:26 PM
Always backup to a secured external hard drive!
Your computer or a mobile phone may break down anytime and as a result, you won't be able to access your coins. Coins that can't be accessed are considered [/size]lost forever[/color][/size].[/color]
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on August 21, 2018, 05:54:59 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.
itcoin world has seen a tremendous amount of new users coming to the ecosystem. This always [/size]attracts all kinds of scammers[/color][/size] that target clueless newbies.[/color]
Title: Re: What is your best Bitcoin Security practices?
Post by: crypto on August 24, 2018, 10:27:46 AM
Hey,

The best and most secure way is to use encryption to hide information, and if can handle a piece of paper then that is the safest way because devices can are hackable if not now might be possible in future.
Title: Re: What is your best Bitcoin Security practices?
Post by: brecalynch on August 24, 2018, 12:55:27 PM
Hey,

The best and most secure way is to use encryption to hide information, and if can handle a piece of paper then that is the safest way because devices can are hackable if not now might be possible in future.




I also think same any piece of technology can be hacked in not today might be in the future, but a piece of paper is safer and impossible to hack from any remote location..
Title: Re: What is your best Bitcoin Security practices?
Post by: CRcentrum on August 24, 2018, 01:25:48 PM
Keep assets in cold wallets
Title: Re: What is your best Bitcoin Security practices?
Post by: bittpress on August 27, 2018, 10:08:18 AM
When it comes to the safety of Bitcoin, one needs to consider the following safety rules: -
1. If you are using online services like bitcoin exchange make sure that you use a strong password which is harder to guess by anyone. You can also make it more safe with 2-Factor-Authentication.

2. Directly control your bitcoins through private keys. Never share your private keys with anyone. Keep it safely. If unknowingly you have lost your private key always keep a paper wallet with you safely to access your crypto.
3. Backup your bitcoin wallet regularly.
4. Always check that you are logging in your wallet by opening the link directly in the browser, otherwise you can fall victim to phishing attack.

5. Can use Hardware wallets like the Trezor to keep your bitcoin safe and secure.
Title: Re: What is your best Bitcoin Security practices?
Post by: traveller on August 28, 2018, 07:33:07 AM
I think this is a great summary of many things you need to consider for security of your coins. I also think the private keys are a big aspect of security and really keeping them private is very important, if not anyone can have access to your coins... And I got the impression that a paper wallet really is the safest option for choosing a wallet. Also it might make sense to use a laptop that you only use for cryptos and to use Linux on that...
Title: Re: What is your best Bitcoin Security practices?
Post by: CRcentrum on August 30, 2018, 01:33:05 PM
On the exchange, I use two-factor protection and sms authentication
Title: Re: What is your best Bitcoin Security practices?
Post by: Linh_trg on September 06, 2018, 07:13:45 AM
I think the best way to secure your bitcoin is by using a good user authentication toolkit for your electronic wallet. Have you heard of Trust Sum&Substance? I found information about them here:
Trust Sum&Substance’ user authentication toolkit for ICOs to ensure regulations are met and your company is able to stay in compliance while protecting sensitive data. This program can be used with money transfers, electronic wallets and other financial tools to prevent identity theft or unauthorized access of private data. This program works with web and mobile applications and determines authenticity of documents while complying with local and global regulations. Data is encrypted and stored separately from the decryption keys while constant monitoring ensures regular checks are performed on all aspects of the system. This system provides bank-level security while ensuring you continue to achieve maximum conversions. Learn more about Sum&Substance SaaS toolkit through the company website subsum.com or email info@sumsub.com for more information.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on September 06, 2018, 05:26:37 PM
I would advise the best Bitcoin purse is blockchain
One of the best practice in terms of securing your email account or your wallet is to setup a Two Factor Authentication
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on September 06, 2018, 05:27:18 PM
I think the best way to secure your bitcoin is by using a good user authentication toolkit for your electronic wallet. Have you heard of Trust Sum&Substance? I found information about them here:
Trust Sum&Substance’ user authentication toolkit for ICOs to ensure regulations are met and your company is able to stay in compliance while protecting sensitive data. This program can be used with money transfers, electronic wallets and other financial tools to prevent identity theft or unauthorized access of private data. This program works with web and mobile applications and determines authenticity of documents while complying with local and global regulations. Data is encrypted and stored separately from the decryption keys while constant monitoring ensures regular checks are performed on all aspects of the system. This system provides bank-level security while ensuring you continue to achieve maximum conversions. Learn more about Sum&Substance SaaS toolkit through the company website subsum.com or email info@sumsub.com for more information.
You should learn about the different types of services designed to keep your balance online. Many online exchange places and wallets have experienced security flaws. Generally they still do not provide certainty and security that exist for use as a storage like a bank. Instead, you can use other Bitcoin Wallet services. If not, you should choose this type of service carefully. In addition, it is highly recommended to select services that use two-factor authentication.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on September 06, 2018, 05:29:22 PM
The best security is to not participate in any ICO
t is always good to have a back up, however everything is hackable spending some time with internet that connects your cold storage to the network might rise some doubts that your holding[/size]BTC[/size] is at risk.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on September 06, 2018, 05:31:31 PM
The very important security practise is a strong password which is not used on any other website or account. This is the simplest rule, right? But still not everyody understand it's power.
You will only find yourself transferring bitcoin every now and then and will repeat the same process over and over.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on September 06, 2018, 05:32:25 PM
A paper wallet is working fine for me
Regarding to wallets don't use any web wallets except blockchain . info because they have some advantage also, just backup the recovery phrase so you're safe all the time.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on September 06, 2018, 05:34:58 PM
Hey,

The best and most secure way is to use encryption to hide information, and if can handle a piece of paper then that is the safest way because devices can are hackable if not now might be possible in future.
Be paranoid. [/size]Assume if it can be compromised it is compromised. Be vigilant. Be smart. Learn a lot, read about security etc.
Title: Re: What is your best Bitcoin Security practices?
Post by: MaRiNA_098 on September 17, 2018, 11:10:51 AM
I`ve read so many times that i should never keep my cryptos on an exchange wallet. I don`t really understand why it is so important. Big exchanges guarantee high standards of security. CoinDeal for instance stores funds in cold wallets and 90% of funds are stored OFFLINE and are out of reach of the computer system. It prevents situations like private key losses, programming errors or system failure.
Title: Re: What is your best Bitcoin Security practices?
Post by: cryptodude on September 18, 2018, 01:18:50 PM
It is best to remain anonymous and calm about all your bitcoin practices and activities.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on September 30, 2018, 07:19:26 AM
I would advise the best Bitcoin purse is blockchain But access to the wallet can be obtained from the network,
Title: Re: What is your best Bitcoin Security practices?
Post by: AndrejWarhola on October 26, 2018, 12:23:22 PM
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Title: Re: What is your best Bitcoin Security practices?
Post by: BITCOINBTC on October 31, 2018, 09:05:36 AM
blockchain wallet the best
Title: Re: What is your best Bitcoin Security practices?
Post by: squadus on November 10, 2018, 03:54:46 AM
If you aren't putting your Bitcoins inside of a paper wallet, I would recommend purchasing a hardware wallet to properly secure yours so that they dont get lost, or stolen by hackers. Check out my newsletter for a free 4-day course on storing, securing and insuring your Bitcoin investment.
Title: Re: What is your best Bitcoin Security practices?
Post by: AndrejWarhola on November 12, 2018, 11:45:30 AM
I prefer "cold storage" wallets


i am agree with you. it's right selection.
Title: Re: What is your best Bitcoin Security practices?
Post by: emma.lee1890 on November 14, 2018, 05:19:24 PM
One of the best practice in terms of securing your email account or your wallet is to setup a Two Factor Authentication, a code that is needed to login into your account besides your own password that will be sent through text message to your mobile phone, email address etc. another thing is when your copying your private keys don't save it online or in notepad, write it on a piece of paper.
Title: Re: What is your best Bitcoin Security practices?
Post by: Areding on November 21, 2018, 08:13:52 AM
Only you yourself can secure your money, for that you simply do not need to be naive and look for different sites where you are promised a doubling cue ball or a good course
Title: Re: What is your best Bitcoin Security practices?
Post by: cryptograbber on November 21, 2018, 02:03:05 PM
The best practice to secure your crypto money - is to think and check twice before making any transaction. Most mistakes that were made by me were made when I was making my decisions in hurry!
Title: Re: What is your best Bitcoin Security practices?
Post by: squadus on November 26, 2018, 11:19:19 PM
Use a hardware or paper wallet to keep your Bitcoin in an offline location. This will protect it from hackers.


In addition, putting your Bitcoin into an IRA (https://www.smartbitcoininvestments.com/#the_simple_stress-free_4_step_bitcoin_ira_rollover_process) would be ideal for maximum security and insurance.
Title: Re: What is your best Bitcoin Security practices?
Post by: Tranf on November 27, 2018, 10:29:50 AM
I agree, you can only protect your money if you are attentive to everything. Everything needs to be checked and to perform actions only through trusted people.
Title: Re: What is your best Bitcoin Security practices?
Post by: squadus on December 02, 2018, 03:05:17 AM
Definitely learn how to properly make a secure bitcoin investment (https://www.smartbitcoininvestments.com/#getting_started_with_a_bitcoin_investment).


For starters, you will need to learn how and where you can purchase Bitcoin. A reliable exchange such as Gemini or Paxful is a good start.


Second, you will need to grab a good cold wallet. A hardware wallet is the most secure and versatile option for investors. Savvy investors can start a Cryptocurrency IRA (https://www.smartbitcoininvestments.com/#the_best_cryptocurrency_ira_companies_reviewed) or 401k and/or make an insured cash investment. Personally, I have a Ledger Nano S from the Black Friday promotion.
Title: Re: What is your best Bitcoin Security practices?
Post by: coinologist on December 14, 2018, 09:33:40 AM
After all the horror stories, making sure I'm safe with whatever platform I use is my top priority. Take a look at XCH4NGE (www.xch4nge.com), they're the most professional and safe platform I've used so they're definitely worth checking out
Title: Re: What is your best Bitcoin Security practices?
Post by: FutureICO on December 16, 2018, 03:42:18 PM

Well for starters, you need to have the Bitcoin wallet (https://bitcoinist.com/best-bitcoin-wallet/) secure, then everything else like investment comes into picture. Unfortunately, the majority I know don’t have much info about the wallet stuff. They just follow what everyone does so there is no further input by themselves, which creates all the trouble.


So, we need to first understand that concept, and only after we are done with it that we could move towards betterment of things in terms of safety/security, and eventually investment.
Title: Re: What is your best Bitcoin Security practices?
Post by: ThePowerOfOne on December 28, 2018, 09:08:28 AM
Elegro wallet is amazing product. Best of it’s kind. Once registered, I gain the full package of tools to work with crypto. I also think it is great solution for a merchant who wants to increase his range of customers as many people own some crypto nowadays.
Title: Re: What is your best Bitcoin Security practices?
Post by: cryptozebra on December 28, 2018, 12:38:15 PM
I use the default Bitcoin client BitcoinCore. Ok, you need to download the whole blockchain (about 200 GB) but that's worth it.
Title: Re: What is your best Bitcoin Security practices?
Post by: VladEx on January 31, 2019, 07:39:36 AM
I prefer cold wallets, hardware and paper wallets. But really, no one steals your funds if you are attentive.
Title: Re: What is your best Bitcoin Security practices?
Post by: letsgetit on February 03, 2019, 09:47:00 AM
It’s unquestionably an eventful time in the world of cryptocurrency and blockchain. If you want to participate in the space, just make sure you’re willing to accept the associated risk and to minimize that risk by doing everything you can to secure your digital assets and identity.
Title: Re: What is your best Bitcoin Security practices?
Post by: Crypt0Pro on February 04, 2019, 06:28:31 AM
Agree with the most replies concerning the main security practices.
Title: Re: What is your best Bitcoin Security practices?
Post by: HighBank on February 15, 2019, 09:51:58 AM
Blockchain distributes the same information to every user (or node) on the blockchain network. When you make a change, the network validates it and then miners (nodes rewarded for updating the blockchain) add that transaction into a new block, which is then added to the blockchain. HighBank believes that Bitcoin’s dominance will diminish in the future as more players join the crypto marketplace. Notably, Ethereum—a Blockchain unveiled in 2015 by Vitalik Buterin—has demonstrated its potential to change the entire structure of crypto markets via its smart contracts capability. 
Title: Re: What is your best Bitcoin Security practices?
Post by: letsgetit on February 19, 2019, 03:51:22 PM
using Bitcoins for international payments is cheaper since they are not tied to any country and is not subject to any government regulation. Small businesses love the fact that there are no fees with using this crypto currency and that’s why you can find a lot of them using Bitcoins in doing business now
Title: Re: What is your best Bitcoin Security practices?
Post by: HighBank on February 20, 2019, 04:08:54 PM
You can follow my suggestions to keep safe your bitcion or other crypto currency. Keep separate wallets. If the wallet you use for spending bitcoin also contains your entire bitcoin holdings, your savings will be vulnerable to various types of abuse. Don't keep your savings in a web wallet. Protect your privacy. Never share your private keys with anyone else. If your wallet address (ie. your public key) is the equivalent of your bank account number, then your private wallet key is your PIN. Once you have a file containing your wallet keys, you can put this anywhere: flash drive, optical disk, portable hard drive, on paper, etc.
Title: Re: What is your best Bitcoin Security practices?
Post by: Swap_Announcement on March 05, 2019, 11:19:45 PM
Paper wallet buried in the garden.
Title: Re: What is your best Bitcoin Security practices?
Post by: vetalbon on March 10, 2019, 12:35:55 PM
Hi everybody, what security means for bitcoins exist, can anybody explain it to me? Thanks!
Title: Re: What is your best Bitcoin Security practices?
Post by: kbradshaw on April 02, 2019, 11:53:01 PM
I've rented 2 security boxes and I put 12 words from my seed phrase in each.  I also use a 25th work phrase as a precaution.
Title: Re: What is your best Bitcoin Security practices?
Post by: bit858585 on April 10, 2019, 04:26:36 AM
I prefer "cold storage" wallets
Title: Re: What is your best Bitcoin Security practices?
Post by: kventin.upgrade on April 14, 2019, 07:50:10 PM
Do not save passwords on your computer.


Until my colleague's computer was hacked, I kept all the passwords in the browser. Now I write everything down in a notebook.
Title: Re: What is your best Bitcoin Security practices?
Post by: frankcastle on April 15, 2019, 04:20:55 AM

Until my colleague's computer was hacked, I kept all the passwords in the browser. Now I write everything down in a notebook.


notebook in computer/smartphone or do you mean "paper" notebook?
Title: Re: What is your best Bitcoin Security practices?
Post by: JosephCrawley on April 16, 2019, 07:00:15 PM
I am looking now for the opportunities to provide the assistance with the help of these guys. So what is the best variant here to do so?
Title: Re: What is your best Bitcoin Security practices?
Post by: Mermaid on May 02, 2019, 05:50:00 AM

Until my colleague's computer was hacked, I kept all the passwords in the browser. Now I write everything down in a notebook.


I used to do like you, but once I lost my notebook. Luckily, I found it later, but I don't write down my passwords in paper anymore
Title: Re: What is your best Bitcoin Security practices?
Post by: coin_talk on May 03, 2019, 08:20:28 PM
As I know iPhone has a special app to guard passwords...does anybody know is this app is a good one or not?!
Title: Re: What is your best Bitcoin Security practices?
Post by: WhoTookMyCrypto.com on May 04, 2019, 08:02:55 AM
Paper wallet buried in the garden.


Aren't you concerned that water and heat would damage it?
Title: Re: What is your best Bitcoin Security practices?
Post by: brickotto7 on May 08, 2019, 10:46:24 AM
As for me, blockchain is the best way to secure your btc.
Title: Re: What is your best Bitcoin Security practices?
Post by: Mermaid on May 08, 2019, 09:39:49 PM
What if I can operate only on a public Wi-fi? Is it too unsafe?
Title: Re: What is your best Bitcoin Security practices?
Post by: WhoTookMyCrypto.com on May 09, 2019, 03:07:17 PM
In light of the recent hacking of Binance, thought this would be a useful guide to users for protecting their funds on exchanges. https://whotookmycrypto.com/cryptocurrency-exchange-safety-guide/
Title: Re: What is your best Bitcoin Security practices?
Post by: OllieCrypto on May 11, 2019, 06:00:14 AM
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.


why do you think hardware wallets are a problem?
Title: Re: What is your best Bitcoin Security practices?
Post by: bart8e on May 18, 2019, 10:28:16 AM
I can recommend hardware wallets or "cold storage" ones. I think that's the best method to keep your bitcoins safe
Title: Re: What is your best Bitcoin Security practices?
Post by: killy_93 on May 22, 2019, 09:58:32 AM
I would advise to invest in hardware wallet, that's the best option to keep your cois safe
Title: Re: What is your best Bitcoin Security practices?
Post by: Mermaid on May 22, 2019, 09:41:23 PM
I can recommend hardware wallets or "cold storage" ones. I think that's the best method to keep your bitcoins safe


What does "cold storage" mean?
Title: Re: What is your best Bitcoin Security practices?
Post by: coin_talk on May 23, 2019, 02:00:09 PM
I prefer "cold storage" wallets

What does it mean "cold storage"?
Title: Re: What is your best Bitcoin Security practices?
Post by: Ifychuks on June 02, 2019, 05:20:58 PM
Yes. In an extreme case, for coins for which there is not yet a wallet, you can use a paper wallet


I have so much about this paper wallet. Guess I have to get one and have an experience of storing my coins in it. I normally nbump into coins that has wallet already, coins like the Veil coin but I still have many others I need to secure with a high level of wallet.
Title: Re: What is your best Bitcoin Security practices?
Post by: Mermaid on June 07, 2019, 11:18:41 PM
I would advise to invest in hardware wallet, that's the best option to keep your cois safe


why is it the best option?
Title: Re: What is your best Bitcoin Security practices?
Post by: emililadjet on June 08, 2019, 02:06:40 PM
One of the best practice in terms of securing your email account or your wallet is to setup a Two Factor Authentication, a code that is needed to login into your account besides your own password that will be sent through text message to your mobile phone, email address etc.
Title: Re: What is your best Bitcoin Security practices?
Post by: Eadefemi on June 08, 2019, 06:25:52 PM
One of the best practice in terms of securing your email account or your wallet is to setup a Two Factor Authentication, a code that is needed to login into your account besides your own password that will be sent through text message to your mobile phone, email address etc.


Definitely this is a very good option. I have had to get a lot of text message about a log in attempt on one of my accounts from an unknown source. What baffled me is that the person tried not just once but many times. Whether cold storage or hardware wallet  we all m need to safeguard our wallet. I personally consider projects with good and secure wallet, just like the veil project.
Title: Re: What is your best Bitcoin Security practices?
Post by: Mermaid on June 13, 2019, 12:14:19 AM
One of the best practice in terms of securing your email account or your wallet is to setup a Two Factor Authentication, a code that is needed to login into your account besides your own password that will be sent through text message to your mobile phone, email address etc.


Agree with you! This type of authentication once helped me with my email adress
Title: Re: What is your best Bitcoin Security practices?
Post by: Waltermeks on June 16, 2019, 08:45:15 AM

Agree with you! This type of authentication once helped me with my email adress


Honestly.. First thing I always do is to secure with 2fa and email. Securing with just email isn't always cool though cos hackers can get to ur email. Then again, using a wallet with good and trusted security features is of great importance. Veil privacy coin has all that combined.
Title: Re: What is your best Bitcoin Security practices?
Post by: emililadjet on June 16, 2019, 02:48:38 PM

Definitely this is a very good option. I have had to get a lot of text message about a log in attempt on one of my accounts from an unknown source. What baffled me is that the person tried not just once but many times. Whether cold storage or hardware wallet  we all m need to safeguard our wallet. I personally consider projects with good and secure wallet, just like the veil project.
Hello Eadefemi Thank you my friend, I always protect my wallet with my email and my phone :)
Title: Re: What is your best Bitcoin Security practices?
Post by: emililadjet on June 16, 2019, 02:53:58 PM

Agree with you! This type of authentication once helped me with my email adress
Thanks my dear
I know a friend who was hacking his wallet, because he does not use authentication with email or phone
Title: Re: What is your best Bitcoin Security practices?
Post by: Staywowke on June 17, 2019, 04:05:07 PM
It is necessary for everyone to make use of 2fa on their wallets either mobile or desktop wallets, or an exchange. The mistake of not doing this made me lose some of my hard earned Veil and btc  that I had deposited in an exchnage wallet to scammers
Title: Re: What is your best Bitcoin Security practices?
Post by: lenart8 on June 18, 2019, 09:20:31 AM
I must have something to store :(


if someone would like to help me, I will be very grateful

BTC adrress
3HoSQPtE1toaTGXdtDwtdyy4DAyL4vzpuV
Title: Re: What is your best Bitcoin Security practices?
Post by: bart8e on July 31, 2019, 09:54:12 AM
What does it mean "cold storage"?
cold storage are cold wallets so that you can keep your coins offline
Title: Re: What is your best Bitcoin Security practices?
Post by: Bethash on September 12, 2019, 08:19:53 PM
I have don't much have worry about security. I only use trusted exchanges like Binance, Coinbase, Kraken etc.
Title: Re: What is your best Bitcoin Security practices?
Post by: cryptogenius on September 22, 2019, 11:32:12 PM
Keep nothing on the exchange. I'm trading straight out of a Hardcore wallet
Title: Re: What is your best Bitcoin Security practices?
Post by: cryptogenius on October 07, 2019, 04:23:06 AM
Move EVERYTHING to Nano Ledger X hard wallet (https://www.cryptozink.io/ledger-nano-x-hard-wallet-how-to-tutorials/). Leave NOTHING on cryptocurrency exchanges (https://www.cryptozink.io/exchanges/). Here some more crypto safety tips (https://www.cryptozink.io/safety-tips/) I follow.
Title: Re: What is your best Bitcoin Security practices?
Post by: Fred55 on October 07, 2019, 07:56:18 AM
use a wallet, never save passwords and never connect on any public network.
Title: Re: What is your best Bitcoin Security practices?
Post by: KryptoPan on November 11, 2019, 03:33:52 PM
Have fat case on paper wallet. I use equipment wallets for payments. On exchanges only keep amounts necessary for current trading. I think that it's enough to keep Bitcoins safe.
Title: Re: What is your best Bitcoin Security practices?
Post by: rossy0309 on November 12, 2019, 08:34:34 AM
found the safest way to store bitcoin!

not having bitcoin :-) :-)
it works for meee
Title: Re: What is your best Bitcoin Security practices?
Post by: Hagibis on November 17, 2019, 09:33:28 PM
found the safest way to store bitcoin!

not having bitcoin :-) :-)
it works for meee


Awesome! HAHAHA!


I only have a little altcoins on Binance and uses 2FA for security. The wallet I use is on my phone, so far no history of being lost as I always keep it with me.
Title: Re: What is your best Bitcoin Security practices?
Post by: johnmeller on November 26, 2019, 02:18:47 PM
First, setup 2 step authentication.

Never enable 2FA. It allows you to use your phone/phone call or a text to verify you identity. This give hackers a great opportunity.

Enable IP whitelisting and wallet whitelisting.
Title: Re: What is your best Bitcoin Security practices?
Post by: mlawson71 on November 26, 2019, 06:41:57 PM
That's very practical advice, thank you!
Title: Re: What is your best Bitcoin Security practices?
Post by: Harryhwilliam on November 29, 2019, 09:42:50 AM
My tips for keeping your Bitcoins secure are:
1.   Don’t ever share the private key of your Bitcoin with anyone, not even with your family or friends.
2.   You should not reprocess the addresses of previous Bitcoins.
3.   Keep yourself away from posting your private information like your email address, home address or your phone number on any social media platform.
4.   Try to maintain your computer anti-virus up to date always and never download malware applications.
5.   Constantly keep a backup of your wallet and store that offline backup in a fireproof safe at your home.
6.   Always use 2FA security feature everywhere.
Title: Re: What is your best Bitcoin Security practices?
Post by: Hagibis on December 05, 2019, 10:01:31 PM
I only have a few on my wallet so I haven't gone extreme yet in protecting it.
I'm using a phone app now where I could buy and sell crypto in a flash but not planning to put more money that I could lose in the end.
So far, one of my security practices is never lose my phone and never click unknown links to be safe.
Title: Re: What is your best Bitcoin Security practices?
Post by: Harryhwilliam on December 06, 2019, 07:48:52 AM
Bitcoin network itself is secured by cryptography. Users or traders can only practice to make their accounts secure which they use to trade their Bitcoins and where they store them. Traders should never share their private keys with anyone not even with their family or friends.
Title: Re: What is your best Bitcoin Security practices?
Post by: filc321 on December 18, 2019, 02:57:43 PM
I use the application on my phone for bitcoin, like many other users. Therefore, I recommend securing your smartphone. There are various ways to do this, one of the most effective is software testing. You can read more about this on this blog - http://safenessmobile.com
Title: Re: What is your best Bitcoin Security practices?
Post by: alexkamillakroy on December 20, 2019, 05:16:05 PM
Cold wallet storage; never expose an email or phone used for registration on open platforms/social media; IP whitelist
Title: Re: What is your best Bitcoin Security practices?
Post by: Bandys on December 28, 2019, 12:35:30 PM
The best defense against hacker attacks and scammers is their own caution. For example, I only work with time-tested exchanges, exchangers and wallets. Any protection you can come up with can be hacked.