Author Topic: What is your best Bitcoin Security practices?  (Read 678024 times)

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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)
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Offline killy_93

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Re: What is your best Bitcoin Security practices?
« Reply #105 on: May 22, 2019, 09:58:32 AM »

your ads here
I would advise to invest in hardware wallet, that's the best option to keep your cois safe

Offline Mermaid

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Re: What is your best Bitcoin Security practices?
« Reply #106 on: May 22, 2019, 09:41:23 PM »
I can recommend hardware wallets or "cold storage" ones. I think that's the best method to keep your bitcoins safe


What does "cold storage" mean?

Offline coin_talk

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Re: What is your best Bitcoin Security practices?
« Reply #107 on: May 23, 2019, 02:00:09 PM »
I prefer "cold storage" wallets

What does it mean "cold storage"?

Offline Ifychuks

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Re: What is your best Bitcoin Security practices?
« Reply #108 on: June 02, 2019, 05:20:58 PM »
Yes. In an extreme case, for coins for which there is not yet a wallet, you can use a paper wallet


I have so much about this paper wallet. Guess I have to get one and have an experience of storing my coins in it. I normally nbump into coins that has wallet already, coins like the Veil coin but I still have many others I need to secure with a high level of wallet.

Offline Mermaid

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Re: What is your best Bitcoin Security practices?
« Reply #109 on: June 07, 2019, 11:18:41 PM »
I would advise to invest in hardware wallet, that's the best option to keep your cois safe


why is it the best option?

Offline emililadjet

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Re: What is your best Bitcoin Security practices?
« 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.
I was bidding on a pair audio loudspeaker kit on ebay that were grabbed.

Offline Eadefemi

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Re: What is your best Bitcoin Security practices?
« Reply #111 on: June 08, 2019, 06:25:52 PM »
One of the best practice in terms of securing your email account or your wallet is to setup a Two Factor Authentication, a code that is needed to login into your account besides your own password that will be sent through text message to your mobile phone, email address etc.


Definitely this is a very good option. I have had to get a lot of text message about a log in attempt on one of my accounts from an unknown source. What baffled me is that the person tried not just once but many times. Whether cold storage or hardware wallet  we all m need to safeguard our wallet. I personally consider projects with good and secure wallet, just like the veil project.

Offline Mermaid

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Re: What is your best Bitcoin Security practices?
« Reply #112 on: June 13, 2019, 12:14:19 AM »
One of the best practice in terms of securing your email account or your wallet is to setup a Two Factor Authentication, a code that is needed to login into your account besides your own password that will be sent through text message to your mobile phone, email address etc.


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

Offline Waltermeks

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Re: What is your best Bitcoin Security practices?
« Reply #113 on: June 16, 2019, 08:45:15 AM »

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


Honestly.. First thing I always do is to secure with 2fa and email. Securing with just email isn't always cool though cos hackers can get to ur email. Then again, using a wallet with good and trusted security features is of great importance. Veil privacy coin has all that combined.

Offline emililadjet

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Re: What is your best Bitcoin Security practices?
« Reply #114 on: June 16, 2019, 02:48:38 PM »

Definitely this is a very good option. I have had to get a lot of text message about a log in attempt on one of my accounts from an unknown source. What baffled me is that the person tried not just once but many times. Whether cold storage or hardware wallet  we all m need to safeguard our wallet. I personally consider projects with good and secure wallet, just like the veil project.
Hello Eadefemi Thank you my friend, I always protect my wallet with my email and my phone :)
I was bidding on a pair audio loudspeaker kit on ebay that were grabbed.

Offline emililadjet

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Re: What is your best Bitcoin Security practices?
« Reply #115 on: June 16, 2019, 02:53:58 PM »

Agree with you! This type of authentication once helped me with my email adress
Thanks my dear
I know a friend who was hacking his wallet, because he does not use authentication with email or phone
I was bidding on a pair audio loudspeaker kit on ebay that were grabbed.

Offline Staywowke

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Re: What is your best Bitcoin Security practices?
« 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

Offline bart8e

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Re: What is your best Bitcoin Security practices?
« Reply #117 on: July 31, 2019, 09:54:12 AM »
What does it mean "cold storage"?
cold storage are cold wallets so that you can keep your coins offline

Offline Bethash

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Re: What is your best Bitcoin Security practices?
« 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.

Offline cryptogenius

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Re: What is your best Bitcoin Security practices?
« Reply #119 on: September 22, 2019, 11:32:12 PM »
Keep nothing on the exchange. I'm trading straight out of a Hardcore wallet

 

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