Author Topic: What is your best Bitcoin Security practices? (Read 848735 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

101Crypta · « **Reply #1 on:** February 02, 2018, 01:05:48 PM »

I would advise the best Bitcoin purse is blockchain

thomas-xmrcgpu · « **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.

Hardmandie · « **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.

BlockTechnology · « **Reply #4 on:** February 22, 2018, 01:36:58 PM »

The best option is a hardware or paper wallet

cryptojack · « **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.

XIntel · « **Reply #6 on:** February 23, 2018, 07:52:15 AM »

Always backup to a secured external hard drive!

CryptoCZ · « **Reply #7 on:** March 01, 2018, 02:31:05 PM »

I prefer "cold storage" wallets

Tellmoth · « **Reply #8 on:** March 02, 2018, 08:06:29 PM »

Quote from: CryptoCZ on March 01, 2018, 02:31:05 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.

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CryptoCZ · « **Reply #10 on:** March 06, 2018, 02:57:52 PM »

Quote from: Tellmoth on March 02, 2018, 08:06:29 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

EnKoT · « **Reply #11 on:** March 06, 2018, 05:40:48 PM »

Quote from: 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.

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.

CryptoCZ · « **Reply #12 on:** March 09, 2018, 04:05:57 PM »

Quote from: EnKoT on March 06, 2018, 05:40:48 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

SpectroCoin.com · « **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.

CryptoCZ · « **Reply #14 on:** March 25, 2018, 10:45:47 AM »

Quote from: 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.

But access to the wallet can be obtained from the network, it is not disconnected?

jitenrajput · « **Reply #15 on:** March 27, 2018, 05:19:03 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.

CryptoCZ · « **Reply #16 on:** March 28, 2018, 11:42:17 AM »

Quote from: jitenrajput on March 27, 2018, 05:19:03 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

MaRiNA_098 · « **Reply #17 on:** March 30, 2018, 09:18:10 AM »

Educate yourself, buy the dips, use a hardware wallet.

ebanker · « **Reply #18 on:** April 01, 2018, 05:57:22 AM »

Cold Storage and Paper Wallet are good. Saving on exchange will also work.

saturn.network · « **Reply #19 on:** April 02, 2018, 02:52:24 PM »

Quote from: jitenrajput on March 27, 2018, 05:19:03 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.

I would agree that these are some great practices, remember it is not crypto if you do not have hold of your private key.

GODcoin · « **Reply #20 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.

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KakushinEcosystem · « **Reply #22 on:** April 10, 2018, 12:37:22 PM »

I think the Wallet is the best option of secure BTC.

SpectroCoin.com · « **Reply #23 on:** April 13, 2018, 08:21:48 AM »

Quote from: CryptoCZ on March 25, 2018, 10:45:47 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.

Zoey_iam · « **Reply #24 on:** April 13, 2018, 10:07:22 PM »

Quote from: 101Crypta on February 02, 2018, 01:05:48 PM

I would advise the best Bitcoin purse is blockchain

I've never tried blockchain but have also heard some good reviews about it.

yazzy · « **Reply #25 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.

betcoinworld · « **Reply #26 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.

CryptoCZ · « **Reply #27 on:** April 17, 2018, 02:47:46 PM »

Quote from: 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.

2-Factor-Authentication enought for good security?

Garden · « **Reply #28 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?

crypterum · « **Reply #29 on:** June 04, 2018, 08:12:01 AM »

cold storage is the best one

BestW1shes · « **Reply #30 on:** June 04, 2018, 12:10:24 PM »

i think hardware wallet is good choice

andrewbenson · « **Reply #31 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?

?

BestW1shes · « **Reply #32 on:** June 07, 2018, 01:54:34 PM »

Quote from: 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? ?

MUSDcoins Is there an exchange?

Karakat · « **Reply #33 on:** July 01, 2018, 09:20:34 AM »

Hi everybody, what security means for bitcoins exist, can anybody explain it to me? Thanks!

Karakat · « **Reply #34 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?

adconity · « **Reply #35 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.

BestW1shes · « **Reply #36 on:** July 03, 2018, 01:38:47 PM »

Quote from: 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.

Do you mean a paper wallet or a wallet like a ledger or a trezor?

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acmediagroup · « **Reply #38 on:** July 29, 2018, 08:00:37 PM »

I would advise the best Bitcoin purse is blockchain

BestW1shes · « **Reply #39 on:** July 30, 2018, 06:35:33 PM »

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daviddaniels · « **Reply #40 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/

daviddaniels · « **Reply #41 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/

kalii · « **Reply #42 on:** August 08, 2018, 02:32:52 PM »

Paper wallet !!

daviddaniels · « **Reply #43 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.

FutureICO · « **Reply #44 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 [censored][/color]-increases-daily-limits/]latest news and updates, which really works right for me and brings me a lot of rewards.

Falconnerie · « **Reply #45 on:** August 11, 2018, 07:50:28 PM »

The best security is to not participate in any ICO

amadeussitoi · « **Reply #46 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.

oliverwilliams · « **Reply #47 on:** August 20, 2018, 06:08:27 PM »

SarahApple · « **Reply #48 on:** August 21, 2018, 12:59:42 PM »

A paper wallet is working fine for me

emma.lee1890 · « **Reply #49 on:** August 21, 2018, 05:50:55 PM »

Quote from: bitcoinforum.com on January 22, 2018, 02:05:35 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]

emma.lee1890 · « **Reply #50 on:** August 21, 2018, 05:51:50 PM »

Quote from: 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.

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.

emma.lee1890 · « **Reply #51 on:** August 21, 2018, 05:53:10 PM »

Quote from: 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.

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.

emma.lee1890 · « **Reply #52 on:** August 21, 2018, 05:54:26 PM »

Quote from: XIntel on February 23, 2018, 07:52:15 AM

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]

emma.lee1890 · « **Reply #53 on:** August 21, 2018, 05:54:59 PM »

Quote from: 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.

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]

crypto · « **Reply #54 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.

brecalynch · « **Reply #55 on:** August 24, 2018, 12:55:27 PM »

Quote from: 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.

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..

CRcentrum · « **Reply #56 on:** August 24, 2018, 01:25:48 PM »

Keep assets in cold wallets

bittpress · « **Reply #57 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.

traveller · « **Reply #58 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...

CRcentrum · « **Reply #59 on:** August 30, 2018, 01:33:05 PM »

On the exchange, I use two-factor protection and sms authentication

Linh_trg · « **Reply #60 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.

emma.lee1890 · « **Reply #61 on:** September 06, 2018, 05:26:37 PM »

Quote from: 101Crypta on February 02, 2018, 01:05:48 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

emma.lee1890 · « **Reply #62 on:** September 06, 2018, 05:27:18 PM »

Quote from: 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.

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.

emma.lee1890 · « **Reply #63 on:** September 06, 2018, 05:29:22 PM »

Quote from: Falconnerie on August 11, 2018, 07:50:28 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.

emma.lee1890 · « **Reply #64 on:** September 06, 2018, 05:31:31 PM »

Quote from: 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.

You will only find yourself transferring bitcoin every now and then and will repeat the same process over and over.

emma.lee1890 · « **Reply #65 on:** September 06, 2018, 05:32:25 PM »

Quote from: SarahApple on August 21, 2018, 12:59:42 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.

emma.lee1890 · « **Reply #66 on:** September 06, 2018, 05:34:58 PM »

Quote from: 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.

Be paranoid. [/size]Assume if it can be compromised it is compromised. Be vigilant. Be smart. Learn a lot, read about security etc.

MaRiNA_098 · « **Reply #67 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.

cryptodude · « **Reply #68 on:** September 18, 2018, 01:18:50 PM »

It is best to remain anonymous and calm about all your bitcoin practices and activities.

emma.lee1890 · « **Reply #69 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,

AndrejWarhola · « **Reply #70 on:** October 26, 2018, 12:23:22 PM »

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BITCOINBTC · « **Reply #71 on:** October 31, 2018, 09:05:36 AM »

blockchain wallet the best

squadus · « **Reply #72 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.

AndrejWarhola · « **Reply #73 on:** November 12, 2018, 11:45:30 AM »

Quote from: CryptoCZ on March 01, 2018, 02:31:05 PM

I prefer "cold storage" wallets

i am agree with you. it's right selection.

emma.lee1890 · « **Reply #74 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.

Areding · « **Reply #75 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

cryptograbber · « **Reply #76 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!

squadus · « **Reply #77 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 would be ideal for maximum security and insurance.

Tranf · « **Reply #78 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.

squadus · « **Reply #79 on:** December 02, 2018, 03:05:17 AM »

Definitely learn how to properly make a secure 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 or 401k and/or make an insured cash investment. Personally, I have a Ledger Nano S from the Black Friday promotion.

coinologist · « **Reply #80 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

FutureICO · « **Reply #81 on:** December 16, 2018, 03:42:18 PM »

Well for starters, you need to have the 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.

ThePowerOfOne · « **Reply #82 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.

cryptozebra · « **Reply #83 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.

VladEx · « **Reply #84 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.

letsgetit · « **Reply #85 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.

Crypt0Pro · « **Reply #86 on:** February 04, 2019, 06:28:31 AM »

Agree with the most replies concerning the main security practices.

HighBank · « **Reply #87 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.

letsgetit · « **Reply #88 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

HighBank · « **Reply #89 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.

Swap_Announcement · « **Reply #90 on:** March 05, 2019, 11:19:45 PM »

Paper wallet buried in the garden.

vetalbon · « **Reply #91 on:** March 10, 2019, 12:35:55 PM »

Hi everybody, what security means for bitcoins exist, can anybody explain it to me? Thanks!

kbradshaw · « **Reply #92 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.

bit858585 · « **Reply #93 on:** April 10, 2019, 04:26:36 AM »

I prefer "cold storage" wallets

kventin.upgrade · « **Reply #94 on:** April 14, 2019, 07:50:10 PM »

Quote from: Hardmandie on February 09, 2018, 08:28:24 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.

frankcastle · « **Reply #95 on:** April 15, 2019, 04:20:55 AM »

Quote from: kventin.upgrade on April 14, 2019, 07:50:10 PM

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?

JosephCrawley · « **Reply #96 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?

Mermaid · « **Reply #97 on:** May 02, 2019, 05:50:00 AM »

Quote from: kventin.upgrade on April 14, 2019, 07:50:10 PM

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

coin_talk · « **Reply #98 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?!

WhoTookMyCrypto.com · « **Reply #99 on:** May 04, 2019, 08:02:55 AM »

Quote from: Swap_Announcement on March 05, 2019, 11:19:45 PM

Paper wallet buried in the garden.

Aren't you concerned that water and heat would damage it?

brickotto7 · « **Reply #100 on:** May 08, 2019, 10:46:24 AM »

As for me, blockchain is the best way to secure your btc.

Mermaid · « **Reply #101 on:** May 08, 2019, 09:39:49 PM »

What if I can operate only on a public Wi-fi? Is it too unsafe?

WhoTookMyCrypto.com · « **Reply #102 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/

OllieCrypto · « **Reply #103 on:** May 11, 2019, 06:00:14 AM »

Quote from: 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.

why do you think hardware wallets are a problem?

bart8e · « **Reply #104 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

killy_93 · « **Reply #105 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

Mermaid · « **Reply #106 on:** May 22, 2019, 09:41:23 PM »

Quote from: 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

What does "cold storage" mean?

coin_talk · « **Reply #107 on:** May 23, 2019, 02:00:09 PM »

Quote from: bit858585 on April 10, 2019, 04:26:36 AM

I prefer "cold storage" wallets

What does it mean "cold storage"?

Ifychuks · « **Reply #108 on:** June 02, 2019, 05:20:58 PM »

Quote from: CryptoCZ on March 06, 2018, 02:57:52 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.

Mermaid · « **Reply #109 on:** June 07, 2019, 11:18:41 PM »

Quote from: 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

why is it the best option?

emililadjet · « **Reply #110 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.

Eadefemi · « **Reply #111 on:** June 08, 2019, 06:25:52 PM »

Quote from: 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.

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.

Mermaid · « **Reply #112 on:** June 13, 2019, 12:14:19 AM »

Quote from: 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.

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

Waltermeks · « **Reply #113 on:** June 16, 2019, 08:45:15 AM »

Quote from: Mermaid on June 13, 2019, 12:14:19 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.

emililadjet · « **Reply #114 on:** June 16, 2019, 02:48:38 PM »

Quote from: Eadefemi on June 08, 2019, 06:25:52 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

emililadjet · « **Reply #115 on:** June 16, 2019, 02:53:58 PM »

Quote from: Mermaid on June 13, 2019, 12:14:19 AM

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

Staywowke · « **Reply #116 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

bart8e · « **Reply #117 on:** July 31, 2019, 09:54:12 AM »

Quote from: coin_talk on May 23, 2019, 02:00:09 PM

What does it mean "cold storage"?

cold storage are cold wallets so that you can keep your coins offline

Bethash · « **Reply #118 on:** September 12, 2019, 08:19:53 PM »

I have don't much have worry about security. I only use trusted exchanges like Binance, [censored], Kraken etc.

cryptogenius · « **Reply #119 on:** September 22, 2019, 11:32:12 PM »

Keep nothing on the exchange. I'm trading straight out of a Hardcore wallet

cryptogenius · « **Reply #120 on:** October 07, 2019, 04:23:06 AM »

Move EVERYTHING to Nano Ledger X hard wallet. Leave NOTHING on cryptocurrency exchanges. Here some more crypto safety tips I follow.

Fred55 · « **Reply #121 on:** October 07, 2019, 07:56:18 AM »

use a wallet, never save passwords and never connect on any public network.

KryptoPan · « **Reply #122 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.

rossy0309 · « **Reply #123 on:** November 12, 2019, 08:34:34 AM »

found the safest way to store bitcoin!

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

Hagibis · « **Reply #124 on:** November 17, 2019, 09:33:28 PM »

Quote from: rossy0309 on November 12, 2019, 08:34:34 AM

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.

johnmeller · « **Reply #125 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.

mlawson71 · « **Reply #126 on:** November 26, 2019, 06:41:57 PM »

That's very practical advice, thank you!

Harryhwilliam · « **Reply #127 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.

Hagibis · « **Reply #128 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.

Harryhwilliam · « **Reply #129 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.

filc321 · « **Reply #130 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

alexkamillakroy · « **Reply #131 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

Bandys · « **Reply #132 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.

kukidada123 · « **Reply #133 on:** January 21, 2020, 11:17:57 AM »

most wallets have 2nd factor authentication system which is good for security purposes.

Relz21 · « **Reply #134 on:** January 27, 2020, 11:34:17 AM »

That’s a nice list, quite helpful!

squadus · « **Reply #135 on:** February 06, 2020, 01:53:28 AM »

I keep my bitcoin either on a hardware wallet i.e. Trezor or on a secure exchange like Paxful (with 2FA enabled).

Thus far, I have never been hacked and have kept all of my bitcoins safe using these methods.

josephph · « **Reply #136 on:** March 17, 2020, 09:38:35 AM »

I think that it is very important to have a strong password and it's often overlooked.

Елена Филоненко · « **Reply #137 on:** March 24, 2020, 02:15:20 AM »

Live Casino is an online gaming platform where a dealer interacts with you during a game. It is more like playing in a brick-and-mortar casino. Yet, you play on a webcast from the comfort and security of your personal space paradox mg5050, anywhere in the world.

GGLex · « **Reply #138 on:** May 04, 2020, 06:32:10 PM »

I got curious about cold storage, hardware wallets will be always the best alternative

Myeent8 · « **Reply #139 on:** May 05, 2020, 03:06:56 PM »

I use Google Authenticator, it is a good option that I had and it works well for me

BBAxes · « **Reply #140 on:** May 05, 2020, 05:54:19 PM »

What I'm afraid of cold storage is my memory. I'm honestly a disaster to remember where I put things. I can't imagine if I lose it or if drinking something It end up soaking wet

slim_SHADY · « **Reply #141 on:** May 06, 2020, 10:23:13 AM »

Keep key and password on 3 usb flashdrives

Grapeelow · « **Reply #142 on:** May 12, 2020, 03:14:48 PM »

I'm here to take notes on your mehtods guys. Thanks for your comments

Venuest · « **Reply #143 on:** May 13, 2020, 08:30:27 PM »

You can trust Bitcoin to be completely neutral, transparent and reliable, so everything does its job for you.

expertcrypto · « **Reply #144 on:** September 02, 2020, 01:36:30 PM »

Never trust online wallets. You are not owner of that servers

Shiftal · « **Reply #145 on:** September 15, 2020, 05:14:56 AM »

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mzk23 · « **Reply #146 on:** September 21, 2020, 06:22:46 PM »

I use few security methods to protect my crypto:
1. hardware wallet
2. linux OS only for managing my crypto
3. good av
4. seed passwords in 3 different locations, hidden in safe place

bonny1975 · « **Reply #147 on:** December 01, 2020, 03:04:36 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).

Dora WalletInvestor · « **Reply #148 on:** December 03, 2020, 06:50:40 AM »

I agree that having a secure wallet is key to security. If you are hodling, a cold wallet is the best and safest option. Also, as others have mentioned, always keep your money in a wallet and not on the exchange.

johnnathanexo · « **Reply #149 on:** January 06, 2021, 04:16:00 AM »

I consider using a hardware wallet. While e-wallets are more convenient, they are much more susceptible to basic phishing, social engineering, or malware attacks that trick you into revealing your password and private key.

johnnathanexo · « **Reply #150 on:** January 22, 2021, 04:24:10 PM »

The best way to keep your bitcoin safe is to use keep it in a crypto wallet. It not only help you keep your bitcoin safe but also useful when doing crypto trading.

There are a lot of crypto wallets available in the market but I will suggest you go with ExoCrow, a digital currency wallet, and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.

I have personally used it and made a lot of money using it. the best part is that my cryptocurrency is safe in their wallet and I don't have to worry about its security.

Wanjoina · « **Reply #151 on:** February 02, 2021, 09:59:07 PM »

I would advise the best Bitcoin purse is blockchain

GeorgeGP · « **Reply #152 on:** March 02, 2021, 10:03:51 AM »

Reliable wallet from a reliable developer.

Dora WalletInvestor · « **Reply #153 on:** March 08, 2021, 01:43:40 PM »

Quote from: GeorgeGP on March 02, 2021, 10:03:51 AM

Reliable wallet from a reliable developer.

Simple but accurate. What wallet(s) do you like to use, if you don't mind me asking?

EmmaRobbe · « **Reply #154 on:** March 19, 2021, 09:22:26 AM »

1) Maintain Separate 'Hot' and 'Cold' Wallets. ...
2) Store Private Keys Offline. ...
3) Use Dedicated Hardware.

Nayana Patil · « **Reply #155 on:** March 19, 2021, 10:40:27 AM »

thank you for sharing it was helpful

dolcemariposa1 · « **Reply #156 on:** March 19, 2021, 05:39:49 PM »

Paper wallet or hardware wallet also saving the seed and the key in a safe place or in several distributing the information among them

luckypig · « **Reply #157 on:** May 27, 2021, 07:06:07 AM »

I store them on ledger or trezor. always, even the smallest amount

CrazyMexicanIrish · « **Reply #158 on:** June 12, 2021, 06:35:41 AM »

Quote from: 101Crypta on February 02, 2018, 01:05:48 PM

I would advise the best Bitcoin purse is blockchain

Indeed, I was very pleasantly surprised with the security level in the blockchain site. and the customer support they have is great as well. Patient, assertive, and amicable! totally in love.

However, IMHO I would also recommend metamask. It is quite versatile. Though there IS a problem, the google authenticator app does not work always with this wallet. So I would use it to move currency to and from so that you do not go about with FIAT currency around. such as CC or DC

CryptoStar19 · « **Reply #159 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.

GrahamGooch · « **Reply #160 on:** June 18, 2021, 11:18:38 AM »

I think adding an extra layer of security while conducting business online is definitely going to help with keeping your wallet safe and that's what people need to do for keeping their digital footprints off grid. No footprints - no one can follow you.

apri_hermawan · « **Reply #161 on:** June 19, 2021, 05:14:29 PM »

Quote from: CryptoCZ on March 25, 2018, 10:45:47 AM

But access to the wallet can be obtained from the network, it is not disconnected?

how to save cypto in offline account? bk8 games with crypto[/size]

cayne90 · « **Reply #162 on:** June 20, 2021, 08:33:53 AM »

Offical clients and safe exchanges

CryptoStar19 · « **Reply #163 on:** June 23, 2021, 01:25:14 PM »

Quote from: cayne90 on June 20, 2021, 08:33:53 AM

Offical clients and safe exchanges

Agreed. And only keeping coin on exchanges when trading. To transfer out of any exchange when storing long-term.

Xandria · « **Reply #164 on:** July 29, 2021, 03:54:27 AM »

Quote from: dolcemariposa1 on March 19, 2021, 05:39:49 PM

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.

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

Dora WalletInvestor · « **Reply #180 on:** November 15, 2021, 12:26:15 PM »

Quote from: momo3HC on September 25, 2021, 11:01:33 AM

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

The place of storage itself is not the paper, you are right, the coins are stored on a software program. It is only the access information that is stored on paper.

HeavLeighGill · « **Reply #181 on:** November 15, 2021, 02:50:20 PM »

Love Bitcoin but I'm still getting used to it, I'm going to keep some of these suggestions in mind to be sure that mine is secure. I feel relatively safe using it already but would feel better knowing it's extra secure, especially as I invest more into it.

Shital · « **Reply #182 on:** November 23, 2021, 06:43:06 PM »

Bitcoin is considered to be the best way for investing money, it could make you a millionaire or it could cost you everything.

reecerispoli · « **Reply #183 on:** November 25, 2021, 10:09:50 PM »

Quote from: 101Crypta on February 02, 2018, 01:05:48 PM

I would advise the best Bitcoin purse is blockchain

Thanks for the links will have a look

Oligrand · « **Reply #184 on:** November 29, 2021, 07:04:33 AM »

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Dora WalletInvestor · « **Reply #185 on:** November 29, 2021, 07:05:23 AM »

Quote from: Shital on November 23, 2021, 06:43:06 PM

Bitcoin is considered to be the best way for investing money, it could make you a millionaire or it could cost you everything.

It's true that Bitcoin has a lot of potential and a lot of risks at the same time. In my opinion, building a portfolio in which you have both low-risk and high-risk assets is the best way to invest money.

Oligrand · « **Reply #186 on:** November 29, 2021, 07:08:11 AM »

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Pink dream · « **Reply #187 on:** November 30, 2021, 09:46:32 PM »

For some reason, it seems to me that it is simply impossible to quickly study all the information about bitcoin

momo3HC · « **Reply #188 on:** November 30, 2021, 10:16:06 PM »

Aaaaah man. How can nobody understand me. I`m not asking about wallet. I`m asking about seed phrase storage. How do you storage your seed phrases? On what device, material and etc?

Dora WalletInvestor · « **Reply #189 on:** December 06, 2021, 06:52:46 AM »

Quote from: Pink dream on November 30, 2021, 09:46:32 PM

For some reason, it seems to me that it is simply impossible to quickly study all the information about bitcoin

I agree and I think that's okay. There is a lot of information to be learnt so it can be a long process to get the hang of everything.

Dora WalletInvestor · « **Reply #190 on:** December 06, 2021, 06:54:43 AM »

Quote from: momo3HC on November 30, 2021, 10:16:06 PM

Aaaaah man. How can nobody understand me. I`m not asking about wallet. I`m asking about seed phrase storage. How do you storage your seed phrases? On what device, material and etc?

A lot of people store it on just a piece of paper, then they put that paper into a safety deposit box in a bank. That's pretty secure. I have also heard of people memorizing it and not storing it physically but that sounds pretty risky.

smokkk · « **Reply #191 on:** December 06, 2021, 03:11:38 PM »

Quote from: momo3HC on November 30, 2021, 10:16:06 PM

Aaaaah man. How can nobody understand me. I`m not asking about wallet. I`m asking about seed phrase storage. How do you storage your seed phrases? On what device, material and etc?

Im save it only in my mobile phone with 3d secure. My friends using only clouds but its risky.

superminesweeper · « **Reply #192 on:** December 07, 2021, 09:41:06 AM »

Super Minesweeper (SM) incorporates NFT and DeFi with ultra-low gas fees.

reecerispoli · « **Reply #193 on:** December 07, 2021, 09:32:16 PM »

Quote from: 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.

Ok il have a look

superminesweeper · « **Reply #194 on:** December 08, 2021, 02:11:46 AM »

SM is a decentralized minesweeper game. Minesweeper is very famous and everyone knows it. GameFi are now the hot spot.

Leaa · « **Reply #195 on:** December 20, 2021, 08:39:41 PM »

thanks

Leaa · « **Reply #196 on:** December 20, 2021, 08:42:37 PM »

thanks

momo3HC · « **Reply #197 on:** December 23, 2021, 07:10:50 PM »

Quote from: Dora WalletInvestor on December 06, 2021, 06:54:43 AM

A lot of people store it on just a piece of paper, then they put that paper into a safety deposit box in a bank. That's pretty secure. I have also heard of people memorizing it and not storing it physically but that sounds pretty risky.

But paper can burn, flood and etc. It`s no very smart.

metamemetastic · « **Reply #198 on:** December 30, 2021, 12:43:53 PM »

Distribute assets across different wallets

blockchain01 · « **Reply #199 on:** January 12, 2022, 10:28:03 AM »

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Author Topic: What is your best Bitcoin Security practices? (Read 848735 times)