Author

Topic: 12 Steps to Keep Your Bitcoins Safe (Read 2105 times)

xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
August 17, 2016, 02:46:53 PM
#39
The most strong way is cold storage, you see bitfinex uses multi-sig address, but was still hacked, no secure in that way. 120k btc stolen, shcked!!!!!!!   Shocked Shocked Shocked
I don't think so? if you don't trust any online bitcoin wallet you can try bitcoin core but this is not safe also when your computer had virus or malware it's possible to affect your bitcoin.

You should ensure the computer and a clean USB Cold storage before you transfer your bitcoin to your address. Actually I trust online wallet, I use poloniex addy. But I just say Cold storage is the safest one.
Save money in the exchanger is much more risky than you save in an online wallet, you are ready if hearing poloniex got hacked even though I didn't expect it that way because I use that exchange too.
newbie
Activity: 17
Merit: 0
August 17, 2016, 01:39:11 PM
#38
Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Not only that, to make use of this "guide" u should have general computer knowledge.
Problem is so many people want to use bitcoin when they almost only know how to turn computer on and off or open a web page.

That is real problem.

Hey there Velkro!

I just would like, if you let me, to argue with you on the "source of the problem" you mention above. I definitely think that I would qualify to your "people want to use bitcoin when they almost only know how to turn computer on and off or open a web page." definition of users... But I strongly disagree with you on the "problematic" sense of using Bitcoin.

If you want Bitcoin to develop and reach its full potential, you need to adapt the software to the (dumb and computerwise primitive) people not the other way around. Bitcoin was, in my modest opinion, founded to improve society and reach the maximum number of people possible. You could argue that everyone should learn to code, about cyphers and algorithm but in some countries and for some particular people that's an impossible reach.

Again you should focus all your efforts in making Bitcoin accessible to the people and waste time in expecting the other way around to happen...

Nothing agressive here, your comment could just discourage "people".


All the best!

newbie
Activity: 24
Merit: 0
August 17, 2016, 06:01:08 AM
#37
The most strong way is cold storage, you see bitfinex uses multi-sig address, but was still hacked, no secure in that way. 120k btc stolen, shcked!!!!!!!   Shocked Shocked Shocked
I don't think so? if you don't trust any online bitcoin wallet you can try bitcoin core but this is not safe also when your computer had virus or malware it's possible to affect your bitcoin.

You should ensure the computer and a clean USB Cold storage before you transfer your bitcoin to your address. Actually I trust online wallet, I use poloniex addy. But I just say Cold storage is the safest one.
sr. member
Activity: 310
Merit: 251
August 16, 2016, 02:03:38 AM
#36
The most strong way is cold storage, you see bitfinex uses multi-sig address, but was still hacked, no secure in that way. 120k btc stolen, shcked!!!!!!!   Shocked Shocked Shocked
I don't think so? if you don't trust any online bitcoin wallet you can try bitcoin core but this is not safe also when your computer had virus or malware it's possible to affect your bitcoin.
newbie
Activity: 24
Merit: 0
August 16, 2016, 01:51:12 AM
#35
The most strong way is cold storage, you see bitfinex uses multi-sig address, but was still hacked, no secure in that way. 120k btc stolen, shcked!!!!!!!   Shocked Shocked Shocked
newbie
Activity: 38
Merit: 0
August 16, 2016, 12:09:07 AM
#34
Thanks for this post.  It was very useful and I got a few tip not seen on other threads.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 13, 2016, 07:47:13 AM
#33
I have always heard that trading is a risky business that is best to avoid. I am impressed that it's possible to work full time as a trader.

I think trading can not be a job that is full or major. Since you already know trading is a risky thing, and all the investment have risk. I think it's better if trading just as a sideline rather than as the main occupation, because the trading results are also uncertain. IMO
legendary
Activity: 1946
Merit: 1427
August 13, 2016, 07:40:09 AM
#32
12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe

Pretty sweet guide, Thanks for sharing this Smiley, Really usefull for starters and beginners like me,
 I'll pass this on to some of my friends who really struggle to keep their shit together!
full member
Activity: 238
Merit: 100
August 13, 2016, 02:24:10 AM
#31
I have always heard that trading is a risky business that is best to avoid. I am impressed that it's possible to work full time as a trader.
jr. member
Activity: 66
Merit: 1
August 11, 2016, 03:59:11 PM
#30
A nice rounded article but of course there will always be a weak link in the chain, and that link is us, be on your toes at all times and all will be well  Cool
full member
Activity: 136
Merit: 100
August 07, 2016, 11:06:59 AM
#29
The points made me to be more aware of many things. These would really support me in protecting the money i earn. Thank you dude for taking initiative in writing out the points.
sr. member
Activity: 310
Merit: 251
August 06, 2016, 12:37:19 AM
#28
12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe
Very useful tips for those people who did not know how to keep safe there bitcoin (Including me) and probably this is your site? nice.
sr. member
Activity: 336
Merit: 250
August 03, 2016, 09:37:35 PM
#27
Well this is the best time to read up on how to keep them safe with all the hacking and stolen bitcoins in the last day and a half.
I will take some of this advice because now a days no one's bitcoins are safe unless you have them on a usb key in a safe in your house.
member
Activity: 73
Merit: 10
August 03, 2016, 08:35:34 PM
#26
Thanks for this infomation I learned a lot about this   and this information can help  me to protect or safe my aggainst the hacker. . Thank you so much .
full member
Activity: 224
Merit: 100
June 04, 2016, 11:11:29 PM
#25
Like the info on "Bitcoins Safe", many more info can be shared on accessing the forum smart to earn BTC. Ofcourse lots of information has been shared in this forum to learn.

Is it possible to get an account which is already earning BTC? I am blank on this... I am not sure whether it is good or bad. Please advise

You mean Bitcointalk account??
It's possible to buy an account but be aware that it's discourage by the community. For your current situation it will lead to bad result and this is the most common mistake by newbies. They tend to buy high rank accounts but still asking newbie questions or sometimes shit posting.

What i can advise is, you should wait for months or until you have the knowledge on bitcoin/here in the forum.
full member
Activity: 154
Merit: 100
June 04, 2016, 09:55:00 PM
#24
Like the info on "Bitcoins Safe", many more info can be shared on accessing the forum smart to earn BTC. Ofcourse lots of information has been shared in this forum to learn.

Is it possible to get an account which is already earning BTC? I am blank on this... I am not sure whether it is good or bad. Please advise
newbie
Activity: 42
Merit: 0
June 04, 2016, 08:56:57 PM
#23
good share

bitcoin safe is very important

beat the hackers




hero member
Activity: 518
Merit: 500
June 04, 2016, 01:35:50 PM
#22
This will be very useful for all and for people who are new to know about bitcoin, but still afraid to have the bitcoin because too many negative news about bitcoin.
full member
Activity: 154
Merit: 100
June 04, 2016, 10:41:25 AM
#21
Really really a needed info. Thank you so much. As you say, Linux platform would really be secure enough for BTC.
legendary
Activity: 2296
Merit: 1014
June 04, 2016, 09:53:50 AM
#20
Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Not only that, to make use of this "guide" u should have general computer knowledge.
Problem is so many people want to use bitcoin when they almost only know how to turn computer on and off or open a web page.

That is real problem.
hero member
Activity: 588
Merit: 500
June 04, 2016, 08:57:09 AM
#19
12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.
 
http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe
Thank you for share it, it really help us, but the main thing is that specially those people who like bitcoins they know how to save it and everyone use his own ways, and now we see all cryptocurrencies are save, also bitcoin is save.
most of the cryptocurrencies are here but bitcoin is the first, in this time, most of the against issues are here of bitcoin, but we still like bitcoin and using it.   
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
June 01, 2016, 09:22:46 PM
#18
Thanks for these tips. I don't follow all the 12 steps at this moment, but it's always good to know how to make our wallet and Bitcoins more safe.

Is possible to hack Blockchain.info site for an example and steal wallets balances? This is my only fear.
sr. member
Activity: 360
Merit: 251
June 01, 2016, 09:06:52 PM
#17
12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe

Well most are common sense but some you can easily forget or make a human error. The most common ones and I cannot stress it enough but the following rules are so important. Write them down !
#5: DOUBLE CHECK ALL URLS

#6: DOUBLE CHECK THE CRYPTO ADDRESS

#9: BE CAREFUL WITH DOWNLOADING TOO MANY WALLETS

And probably most important....

#10: BACKUP YOUR PRIVATE KEYS

And not online offline. Offline is always best.
hero member
Activity: 910
Merit: 502
May 01, 2016, 11:06:24 AM
#16
I never was a big fan of having a phone mobile wallet...
Agrees. What if phone is stolen  Smiley
hero member
Activity: 3234
Merit: 775
🌀 Cosmic Casino
May 01, 2016, 09:37:45 AM
#15
Thanks for this informative post. But using different address for each transaction is a way kind of hassle. Much better to use only 1 btc address for each transaction.
legendary
Activity: 3472
Merit: 10611
April 30, 2016, 10:28:44 PM
#14
Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.

I prefer to have something portable which i can use in many devices like laptop or phone on the go, but stucking only on the phone is not a good idea. A good idea is to have another security layer at the phone like CM Security and mazlock.

it is not about convenience it is about security. of course it is good to have a wallet on your phone and carry it around so you have access to your funds at all times but you should always keep in mind the risks you are taking so keep minimum amount there.

it is just like your physical wallet which you put in your back pocket, as you don't carry around thousands of dollars in your back pocket then you should not keep tens of bitcoin in your phone (hot) wallet.
legendary
Activity: 1078
Merit: 1024
April 30, 2016, 07:39:56 PM
#13
Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.

I prefer to have something portable which i can use in many devices like laptop or phone on the go, but stucking only on the phone is not a good idea. A good idea is to have another security layer at the phone like CM Security and mazlock.

If you constantly carry your phone around, it is very insecure. Theft, damage, anything really.
Web wallets are obviously the worst possible option.

The line is correct.
full member
Activity: 180
Merit: 100
Incent
April 30, 2016, 07:09:25 PM
#12
I never was a big fan of having a phone mobile wallet...
member
Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
April 30, 2016, 05:33:37 PM
#11
Was just about to search for this after reading about a guy getting his wallet emptied from his computer,seems to happen to you if you have a decent amount sitting around. Will shelve this thread for when I am sitting on coins.
Z00
newbie
Activity: 30
Merit: 0
April 30, 2016, 05:22:10 PM
#10
It is a very nice enumeration of how to keep your Bitcoins save.
Thanks for sharing! I learnt a lot new stuff reading the article.
legendary
Activity: 1526
Merit: 1001
April 30, 2016, 01:06:23 PM
#9
Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.

I prefer to have something portable which i can use in many devices like laptop or phone on the go, but stucking only on the phone is not a good idea. A good idea is to have another security layer at the phone like CM Security and mazlock.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
April 30, 2016, 12:53:50 PM
#8
Good informatio except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think
Iphone are more secure and are the best
Phones are not good place to keep bitcoins, because it's easy to lose your phone with all bitcoins or someone can easily steal phone from your pocket.
hero member
Activity: 924
Merit: 1000
April 30, 2016, 11:39:40 AM
#7
Of course it seems to be twelve open doors but nevertheless important stuff
full member
Activity: 280
Merit: 103
April 30, 2016, 11:13:45 AM
#6
Thanks for very important information,useful work
hero member
Activity: 588
Merit: 500
April 30, 2016, 11:11:01 AM
#5
Good News and information  Smiley
full member
Activity: 168
Merit: 100
April 30, 2016, 11:06:46 AM
#4
A very informative way to protect our bitcoins!
hero member
Activity: 644
Merit: 500
April 30, 2016, 09:53:46 AM
#3
Good information except this line

Phones and web wallets tend to be less secure than core wallets and cold storage.

I think Iphones are more secure and are the best
full member
Activity: 210
Merit: 100
April 30, 2016, 09:35:11 AM
#2
12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe
thanks for this wonderful share, now i know how to do to my bitcoins to keep them safe always.. Grin Grin
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
April 30, 2016, 08:45:25 AM
#1
12 Steps to Keep Your Bitcoins Safe

Bitcoin and cryptocurrencies are disrupting finance but freedom comes with a greater degree of responsibility. Although crypto can act as a hedge against a faltering economy, individuals need to be aware of the risks associated with this new type of currency.

http://cryptohustle.com/12-steps-to-keep-your-bitcoins-safe
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