Author Topic: What is your best Bitcoin Security practices? (Read 681568 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

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

New free bitcoin security test Started by bitcoinwallettest	Replies: 0 Views: 7790	February 22, 2014, 02:18:04 PM by bitcoinwallettest
Bitcoin Skype Security Question Copy and Paste Started by Rabia780	Replies: 0 Views: 12121	August 21, 2018, 05:33:43 PM by Rabia780
Bitcoin-Qt, bitcoind version 0.5.2 released Started by bitcoinforum.com	Replies: 1 Views: 210066	March 09, 2012, 12:09:19 PM by marked
Bitcoin Magazine Started by bitcoinforum.com	Replies: 4 Views: 157530	March 19, 2021, 10:39:17 AM by Nayana Patil
How did you get into bitcoin? Started by bitcoinforum.com	Replies: 675 Views: 4740789	March 24, 2023, 10:53:33 AM by Helpfulinsight

About	Recommended links	Partners/Sponsored links	Network	Social network
Blog	Bitcoin		Litecoin Forum	Follow us on Twitter
Choose your Bitcoin wallet	Bitcoin whitepaper			Facebook
Bitcoin Charts	Bitcoin clients			r/bitcoinforum
IRC Channel	Bitcoin Wiki			Flickr
Advertise with us!	Bisq - Open source decentralized exchanger

News:

What is your best Bitcoin Security practices?