Advertise with us (we do not endorse any site advertised)

Author Topic: What is your best Bitcoin Security practices?  (Read 27905 times)

0 Members and 2 Guests are viewing this topic.

Online bitcoinforum.comTopic starter

  • Administrator
  • Legendary Member
  • *******
  • Joined: Nov 2011
  • Location: bitcoinforum.com
  • Posts: 1487
  • Country: bz
  • Thanked: 33 times
  • Karma: +32/-1
  • Gender: Male
  • The Bitcoin genie is already out of the bottle.
    • facebook.com/bitcoinforum
    • flickr.com/bitcoinforum
    • bitcoinforum.livejournal.com
    • reddit.com/user/bitcoinforum
    • stumbleupon.com/stumbler/bitcoinforum
    • bitcoinforum.tumblr.com
    • twitter.com/bitcoinforumcom
    • bitcoinforum.wordpress.com
    • View Profile
    • bitcoinforum.com
  • Bitcoin Address: 3BWV2PzZAgzqQQQetShbq6esAVmFs7hf1C
What is your best Bitcoin Security practices?
« on: January 22, 2018, 02:05:35 PM »
What is your best Bitcoin Security practices?

From bitcoin.org:
Quote
Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly.Always remember that it is your responsibility to adopt good practices in order to protect your money.

Source: https://bitcoin.org/en/secure-your-wallet
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
Latest stable Bitcoin version
Latest stable Electrum version
The following users thanked this post: emma.lee1890


Offline 101Crypta

  • Newbie
  • Joined: Jan 2018
  • Posts: 3
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #1 on: February 02, 2018, 01:05:48 PM »
I would advise the best Bitcoin purse is blockchain
The following users thanked this post: emma.lee1890

Offline thomas-xmrcgpu

  • Newbie
  • Joined: Feb 2018
  • Posts: 10
  • Country: 00
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #2 on: February 03, 2018, 08:53:01 PM »
No online wallet, no funds on exchanges, only use decentralized exchanges like Shapeshift, no hardware wallet (you really don't know what's going on there).
Firewall outgoing connection monitoring.
Best Monero CPU+GPU miner with self-benchmark
http://www.xmrcgpu.com
The following users thanked this post: emma.lee1890

Offline Hardmandie

  • Newbie
  • Joined: Dec 2017
  • Posts: 10
  • Country: 00
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
    • Trade Forex with Your Bitcoin
Re: What is your best Bitcoin Security practices?
« Reply #3 on: February 09, 2018, 08:28:24 PM »
Store bitcoin in wallet and not exchange platforms. Save your secret keys on a hard drive, external if possible. Install a strong antivirus on your system to prevent hack. Do not save passwords on your computer.
Trade Forex with Your Bitcoin at https://www.profiforex.com
The following users thanked this post: emma.lee1890

Offline BlockTechnology

  • Newbie
  • Joined: Dec 2017
  • Posts: 48
  • Karma: +1/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #4 on: February 22, 2018, 01:36:58 PM »
The best option is a hardware or paper wallet

Offline cryptojack

  • Newbie
  • Joined: Aug 2017
  • Posts: 11
  • Country: 00
  • Thanked: 1 times
  • Karma: +0/-0
    • facebook.com/exadexorg-308953406102375/
    • linkedin.com/in/bitcointrading/
    • reddit.com/user/bitcoinzak/
    • stumbleupon.com/stumbler/BitcoinJack
    • twitter.com/exadex_org
    • View Profile
    • Exadex
Re: What is your best Bitcoin Security practices?
« Reply #5 on: February 22, 2018, 04:40:25 PM »
My advice is to use the official Bitcoin Core client. You will have least problems with forks and you can support the Bitcoin network.

Offline XIntel

  • Newbie
  • Joined: Feb 2018
  • Posts: 11
  • Country: sg
  • Thanked: 1 times
  • Karma: +0/-0
    • facebook.com/https://www.facebook.com/crxzone/
    • View Profile
  • Bitcoin Address: 15v368AduPHpU4n4f9R6fk9CnEbzFP34DH
Re: What is your best Bitcoin Security practices?
« Reply #6 on: February 23, 2018, 07:52:15 AM »
Always backup to a secured external hard drive!
The following users thanked this post: emma.lee1890

Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 69
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #7 on: March 01, 2018, 02:31:05 PM »
I prefer "cold storage" wallets

Offline Tellmoth

  • Newbie
  • Joined: Mar 2018
  • Posts: 13
  • Country: 00
  • Thanked: 4 times
  • Karma: +0/-0
  • Gender: Male
  • Same
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #8 on: March 02, 2018, 08:06:29 PM »
I prefer "cold storage" wallets

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

Offline innate

  • Full Member
  • **
  • Joined: Jan 2018
  • Posts: 104
  • Thanked: 3 times
  • Karma: +1/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #9 on: March 05, 2018, 06:41:38 AM »
I am truly appreciate your site, This site features are very amazing.

Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 69
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #10 on: March 06, 2018, 02:57:52 PM »
Absolutely agree with this, most sensible way by far, in my humble opinion. There is never total security but it's the closest approach.
Yes. In an extreme case, for coins for which there is not yet a wallet, you can use a paper wallet

Offline EnKoT

  • Newbie
  • Joined: Mar 2018
  • Posts: 8
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #11 on: March 06, 2018, 05:40:48 PM »
No online wallet, no funds on exchanges, only use decentralized exchanges like Shapeshift, no hardware wallet (you really don't know what's going on there).
Firewall outgoing connection monitoring.
Just reading on bitcoinwiki, it says that to date there have been no verifiable incidents of Bitcoins stolen from hardware wallets and much of the time, the software is open source, allowing a user to validate the entire operation of the device. so... ;)

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

Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 69
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #12 on: March 09, 2018, 04:05:57 PM »
Just reading on bitcoinwiki, it says that to date there have been no verifiable incidents of Bitcoins stolen from hardware wallets and much of the time, the software is open source, allowing a user to validate the entire operation of the device. so... ;)

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

Offline SpectroCoin.com

  • Newbie
  • Joined: Jan 2015
  • Posts: 20
  • Country: 00
  • Karma: +0/-0
  • ETH, XEM, DASH, BTC EXCHANGE & BLOCKCHAIN WALLET
    • facebook.com/spectrocoin
    • reddit.com/user/SpectroCoin_support
    • twitter.com/spectrocoin
    • View Profile
    • SpectroCoin.com
Re: What is your best Bitcoin Security practices?
« Reply #13 on: March 22, 2018, 03:55:08 PM »
Paper wallets or hardware wallets is one way to go, but once lost, it's gone. Some online wallets such as SpectroCoin have 2FA for logins and for each attempt of a transaction. It also notifies you whenever a new IP address logs in to your account and stores the cryptocurrencies in an offline (cold storages). It provides a very secure environment for all users and promotes safety for such an era.

Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 69
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #14 on: March 25, 2018, 10:45:47 AM »
Paper wallets or hardware wallets is one way to go, but once lost, it's gone. Some online wallets such as SpectroCoin have 2FA for logins and for each attempt of a transaction. It also notifies you whenever a new IP address logs in to your account and stores the cryptocurrencies in an offline (cold storages). It provides a very secure environment for all users and promotes safety for such an era.
But access to the wallet can be obtained from the network, it is not disconnected?

Offline jitenrajput

  • Newbie
  • Joined: Feb 2018
  • Posts: 35
  • Country: hk
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Male
    • View Profile
    • Encybit
Re: What is your best Bitcoin Security practices?
« 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.






Cryptography & Bitcoin Consultant @ encrybit.io

Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 69
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #16 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

Offline MaRiNA_098

  • Newbie
  • Joined: Mar 2018
  • Posts: 21
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #17 on: March 30, 2018, 09:18:10 AM »
Educate yourself, buy the dips, use a hardware wallet.

Offline ebanker

  • Newbie
  • Joined: Apr 2018
  • Posts: 33
  • Thanked: 1 times
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #18 on: April 01, 2018, 05:57:22 AM »
Cold Storage and Paper Wallet are good. Saving on exchange will also work.
The following users thanked this post: saturn.network

Offline saturn.network

  • Newbie
  • Joined: Apr 2018
  • Posts: 28
  • Country: 00
  • Karma: +0/-0
  • https://saturn.network
    • View Profile
    • Saturn Network
Re: What is your best Bitcoin Security practices?
« Reply #19 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.
Sam - https://saturn.network - Community Manager
blog: https://rados.io
DEX: https://radex.ai

Offline GODcoin

  • Newbie
  • Joined: Apr 2018
  • Posts: 10
  • Country: 00
  • Karma: +0/-0
  • GODcoin ICO Launch Now LIVE!!
    • facebook.com/GOD.coin.gold
    • plus.google.com/110351809386138038654
    • linkedin.com/in/theofficialgodcoin
    • reddit.com/user/godcoingold
    • stumbleupon.com/stumbler/godcoingold
    • tumblr.com/blog/godcoingold.tumblr.com
    • twitter.com/GodCoinGold
    • View Profile
    • GODcoin Official Website
Re: What is your best Bitcoin Security practices?
« 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.

Offline AKminer Service

  • Newbie
  • Joined: Feb 2018
  • Posts: 9
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #21 on: April 09, 2018, 12:22:36 PM »
I am truly appreciate your site, This site features are very amazing.also please choose reliable online shop if you want to but bitcoin ASIC miner ,maybe AKMiner could help you well ,it is professional miners supplier based in China and many global retail clients bought from here .

Offline KakushinEcosystem

  • Newbie
  • Joined: Apr 2018
  • Posts: 2
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • facebook.com/https://www.facebook.com/KakushinEcosystem
    • reddit.com/user/https://www.reddit.com/r/Kakushin/
    • twitter.com/https://twitter.com/kakushineco
    • View Profile
    • Kakushin Ecosystem
Re: What is your best Bitcoin Security practices?
« Reply #22 on: April 10, 2018, 12:37:22 PM »
I think the Wallet is the best option of secure BTC.
Kakushin Ecosystem

Offline SpectroCoin.com

  • Newbie
  • Joined: Jan 2015
  • Posts: 20
  • Country: 00
  • Karma: +0/-0
  • ETH, XEM, DASH, BTC EXCHANGE & BLOCKCHAIN WALLET
    • facebook.com/spectrocoin
    • reddit.com/user/SpectroCoin_support
    • twitter.com/spectrocoin
    • View Profile
    • SpectroCoin.com
Re: What is your best Bitcoin Security practices?
« Reply #23 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.


Offline Zoey_iam

  • Newbie
  • Joined: Apr 2018
  • Posts: 11
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #24 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.

Offline yazzy

  • Newbie
  • Joined: Apr 2018
  • Posts: 16
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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.

Offline betcoinworld

  • Newbie
  • Joined: Apr 2018
  • Posts: 1
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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.


Offline CryptoCZ

  • Jr. Member
  • *
  • Joined: Feb 2018
  • Posts: 69
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #27 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?

Offline Garden

  • Jr. Member
  • *
  • Joined: Nov 2017
  • Posts: 67
  • Country: 00
  • Karma: +0/-0
    • View Profile
  • Bitcoin Address: 1BBz5PuGVnH1ZKn1WwUniA68kTURzUG4Ea
Re: What is your best Bitcoin Security practices?
« 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?

Offline crypterum

  • Newbie
  • Joined: May 2018
  • Posts: 33
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #29 on: June 04, 2018, 08:12:01 AM »
cold storage is the best one

Offline BestW1shes

  • Jr. Member
  • *
  • Joined: May 2018
  • Posts: 70
  • Thanked: 2 times
  • Karma: +1/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #30 on: June 04, 2018, 12:10:24 PM »
i think hardware wallet is good choice

Offline andrewbenson

  • Newbie
  • Joined: May 2018
  • Posts: 10
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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?????

Offline BestW1shes

  • Jr. Member
  • *
  • Joined: May 2018
  • Posts: 70
  • Thanked: 2 times
  • Karma: +1/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #32 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?

Offline Karakat

  • Newbie
  • Joined: Jul 2018
  • Posts: 9
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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!

Offline Karakat

  • Newbie
  • Joined: Jul 2018
  • Posts: 9
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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?

Offline adconity

  • Newbie
  • Joined: Mar 2018
  • Posts: 5
  • Country: ch
  • Karma: +0/-0
  • Bitcoin Based Advertising Network
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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.

Offline BestW1shes

  • Jr. Member
  • *
  • Joined: May 2018
  • Posts: 70
  • Thanked: 2 times
  • Karma: +1/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #36 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?

Offline amotionlabs

  • Newbie
  • Joined: Jul 2018
  • Posts: 1
  • Country: hk
  • Karma: +0/-0
    • View Profile
    • Blockchain Consulting - Amotion Labs - DLT | Exchanges | ICO | Hosting
Re: What is your best Bitcoin Security practices?
« Reply #37 on: July 18, 2018, 10:03:36 AM »
Need Blockchain consulting visit our website below
Amotionlabs.com

Offline acmediagroup

  • Newbie
  • Joined: Jul 2018
  • Posts: 32
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #38 on: July 29, 2018, 08:00:37 PM »
I would advise the best Bitcoin purse is blockchain

Offline BestW1shes

  • Jr. Member
  • *
  • Joined: May 2018
  • Posts: 70
  • Thanked: 2 times
  • Karma: +1/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #39 on: July 30, 2018, 06:35:33 PM »
Need Blockchain consulting visit our website below
what a website?

Offline daviddaniels

  • Newbie
  • Joined: Jul 2018
  • Posts: 27
  • Karma: +0/-0
  • HODL!
    • View Profile
  • Bitcoin Address: Bath, UK
Re: What is your best Bitcoin Security practices?
« 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/

Offline daviddaniels

  • Newbie
  • Joined: Jul 2018
  • Posts: 27
  • Karma: +0/-0
  • HODL!
    • View Profile
  • Bitcoin Address: Bath, UK
Re: What is your best Bitcoin Security practices?
« 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/

Offline kalii

  • Newbie
  • Joined: Aug 2018
  • Posts: 26
  • Country: 00
  • Karma: +1/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #42 on: August 08, 2018, 02:32:52 PM »
Paper wallet !!

Offline daviddaniels

  • Newbie
  • Joined: Jul 2018
  • Posts: 27
  • Karma: +0/-0
  • HODL!
    • View Profile
  • Bitcoin Address: Bath, UK
Re: What is your best Bitcoin Security practices?
« 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.

Offline FutureICO

  • Full Member
  • **
  • Joined: Oct 2017
  • Posts: 249
  • Thanked: 2 times
  • Karma: +0/-0
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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 latest news and updates, which really works right for me and brings me a lot of rewards.

Offline Falconnerie

  • Newbie
  • Joined: Aug 2018
  • Posts: 1
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • View Profile
    • Cryptosous
Re: What is your best Bitcoin Security practices?
« Reply #45 on: August 11, 2018, 07:50:28 PM »
The best security is to not participate in any ICO

Offline amadeussitoi

  • Newbie
  • Joined: Aug 2018
  • Posts: 10
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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.

Offline oliverwilliams

  • Newbie
  • Joined: Aug 2018
  • Posts: 2
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #47 on: August 20, 2018, 06:08:27 PM »
dude

Offline SarahApple

  • Newbie
  • Joined: Aug 2018
  • Posts: 11
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #48 on: August 21, 2018, 12:59:42 PM »
A paper wallet is working fine for me

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #49 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]

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #50 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #51 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #52 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]

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #53 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]

Offline crypto

  • Jr. Member
  • *
  • Joined: Aug 2018
  • Location: India
  • Posts: 74
  • Country: in
  • Thanked: 5 times
  • Karma: +0/-0
  • HODL!
    • View Profile
    • Crypto Markets News, Research & Analysis - CryptoBlockWire
Re: What is your best Bitcoin Security practices?
« 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.

Offline brecalynch

  • Jr. Member
  • *
  • Joined: Aug 2018
  • Posts: 58
  • Country: 00
  • Thanked: 5 times
  • Karma: +2/-1
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #55 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..

Offline CRcentrum

  • Newbie
  • Joined: Aug 2018
  • Posts: 11
  • Thanked: 1 times
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #56 on: August 24, 2018, 01:25:48 PM »
Keep assets in cold wallets

Offline bittpress

  • Jr. Member
  • *
  • Joined: Aug 2018
  • Location: Florida
  • Posts: 53
  • Country: us
  • Thanked: 5 times
  • Karma: +2/-0
  • Gender: Male
  • HODL!
    • View Profile
    • BittPress
  • Bitcoin Address: 3200 N. Federal Hwy, Ste. 228, Boca Raton, FL 3343
Re: What is your best Bitcoin Security practices?
« 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.

Offline traveller

  • Newbie
  • Joined: Aug 2018
  • Posts: 6
  • Country: at
  • Thanked: 1 times
  • Karma: +1/-0
  • Gender: Male
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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...
don't take yourself so seriously, no one else does

Offline CRcentrum

  • Newbie
  • Joined: Aug 2018
  • Posts: 11
  • Thanked: 1 times
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #59 on: August 30, 2018, 01:33:05 PM »
On the exchange, I use two-factor protection and sms authentication

Offline Linh_trg

  • Newbie
  • Joined: Sep 2018
  • Posts: 2
  • Karma: +0/-0
  • HODL!
    • View Profile
  • Bitcoin Address: Vung Tau, Vietnam
Re: What is your best Bitcoin Security practices?
« 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #61 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

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #62 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #63 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #64 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #65 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« Reply #66 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.

Offline MaRiNA_098

  • Newbie
  • Joined: Mar 2018
  • Posts: 21
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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.

Offline cryptodude

  • Newbie
  • Joined: Aug 2018
  • Posts: 14
  • Thanked: 1 times
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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.

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« 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,

Offline AndrejWarhola

  • Newbie
  • Joined: Sep 2018
  • Posts: 19
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #70 on: October 26, 2018, 12:23:22 PM »
I really value your site, This site highlights are exceptionally stunning.

Offline GoldXCashNet

  • Newbie
  • Joined: Oct 2018
  • Posts: 21
  • Karma: +2/-0
  • HODL!
    • View Profile
  • Bitcoin Address: ji6uyu6g95kugi56i5p6ih05ih
Re: What is your best Bitcoin Security practices?
« Reply #71 on: October 31, 2018, 09:05:36 AM »
blockchain wallet the best

Offline squadus

  • Newbie
  • Joined: Apr 2017
  • Location: Los Angeles
  • Posts: 38
  • Country: us
  • Karma: +1/-0
  • Gender: Male
    • facebook.com/CryptocurrencyIRA
    • bitcoininvestment.tumblr.com
    • twitter.com/401kbitcoin
    • View Profile
    • Smart Bitcoin Investments website
  • Bitcoin Address: 1MJi9bRepfqo11pKhiL55mbf1SbHFQHgYy
Re: What is your best Bitcoin Security practices?
« 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.

Offline AndrejWarhola

  • Newbie
  • Joined: Sep 2018
  • Posts: 19
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« Reply #73 on: November 12, 2018, 11:45:30 AM »
I prefer "cold storage" wallets


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

Offline emma.lee1890

  • Hero Member
  • ****
  • Joined: Jun 2018
  • Posts: 513
  • Country: cn
  • Thanked: 2 times
  • Karma: +0/-0
  • Gender: Female
  • HODL!
    • View Profile
    • Arabian Escapes
  • Bitcoin Address: https://goo.gl/WyVf4R
Re: What is your best Bitcoin Security practices?
« 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.

Offline Areding

  • Newbie
  • Joined: Nov 2018
  • Posts: 17
  • Country: 00
  • Karma: +1/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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

Offline cryptograbber

  • Newbie
  • Joined: Nov 2018
  • Posts: 10
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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!

Offline squadus

  • Newbie
  • Joined: Apr 2017
  • Location: Los Angeles
  • Posts: 38
  • Country: us
  • Karma: +1/-0
  • Gender: Male
    • facebook.com/CryptocurrencyIRA
    • bitcoininvestment.tumblr.com
    • twitter.com/401kbitcoin
    • View Profile
    • Smart Bitcoin Investments website
  • Bitcoin Address: 1MJi9bRepfqo11pKhiL55mbf1SbHFQHgYy
Re: What is your best Bitcoin Security practices?
« 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.

Offline Tranf

  • Newbie
  • Joined: Nov 2018
  • Posts: 6
  • Country: 00
  • Karma: +0/-0
  • HODL!
    • View Profile
Re: What is your best Bitcoin Security practices?
« 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.

Offline squadus

  • Newbie
  • Joined: Apr 2017
  • Location: Los Angeles
  • Posts: 38
  • Country: us
  • Karma: +1/-0
  • Gender: Male
    • facebook.com/CryptocurrencyIRA
    • bitcoininvestment.tumblr.com
    • twitter.com/401kbitcoin
    • View Profile
    • Smart Bitcoin Investments website
  • Bitcoin Address: 1MJi9bRepfqo11pKhiL55mbf1SbHFQHgYy
Re: What is your best Bitcoin Security practices?
« 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.


 

New free bitcoin security test

Started by bitcoinwallettest

Replies: 0
Views: 1014
Last post February 22, 2014, 02:18:04 PM
by bitcoinwallettest
Bitcoin Skype Security Question Copy and Paste

Started by Rabia780

Replies: 0
Views: 208
Last post August 21, 2018, 05:33:43 PM
by Rabia780
Bitcoin-Qt, bitcoind version 0.5.2 released

Started by bitcoinforum.com

Replies: 1
Views: 185104
Last post March 09, 2012, 12:09:19 PM
by marked
Bitcoin Magazine

Started by bitcoinforum.com

Replies: 2
Views: 139025
Last post December 04, 2012, 11:55:55 PM
by bitcoinforum.com
How did you get into bitcoin?

Started by bitcoinforum.com

Replies: 378
Views: 3509791
Last post Today at 08:35:44 AM
by Kasida

your ads here