Best way to store Bitcoin safely ? - page 10.

Khalp1

newbie

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Quote from: litecoinricky on May 02, 2018, 06:50:03 PM

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad

But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

I think The most secure way to store your Bitcoin is to produce paper wallets from a copy of a website using a browser on an offline computer booted from a secure OS on a CD printing to a wired printer with no internal memory.

Ad Baculum

member

Activity: 175

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MenaPay - Crypto made easier than cash

Quote from: litecoinricky on May 02, 2018, 06:50:03 PM

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad

But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

Simple creating wallet will really help you to keep your bitcoin safe and secure. By creating wallet you can fully manage your bitcoin on how you will protect it. And then, we must keep your password especially our private key and then do not ever try to share in to any person especially to a stranger. Just keep in a safe place and also try to use hardware wallet.

MbakNarti

sr. member

Activity: 679

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There are many ways to keep all your btc securely, you can also use the password to make the transaction is also very helpful to remove your btc hacking, so I think the second password is very helpful for us

East2011

member

Activity: 454

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"Reserve Your Ledger at GYMLEDGER.COM"

Any wallets are prone to hacking. So its hard to store bitcoin safely. And i think its all up to us bitcoin holders on how we can make our bitcoin more safer.

astralliam

newbie

Activity: 31

Merit: 0

Are services where people pay to have their coin stored for them and are reliably insured in the even the keep gets hacked/messes up?

Bosx1ne

full member

Activity: 540

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Quote from: litecoinricky on May 02, 2018, 06:50:03 PM

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad

But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

It is really good if you have bitcoin wallet that has private key. You can ensure that your bitcoins are safe because you are the only one who can access your wallet because of the private key that you have. Choose bitcoin wallet that has high security for you to ensure that your bitcoins are safe.

Liternyy

member

Activity: 238

Merit: 11

The hardware purse is a relatively new storage method for bitcoins. It is a small electronic device that fits easily in your pocket and stores secret keys in such a way that they can not be removed. The hardware wallet functions similarly to the offline computer described earlier. However, it is certainly more convenient, because you can insert it into a computer connected to the Internet.

auliani2000aa

newbie

Activity: 54

Merit: 0

when the Bitcoin crypto currency is at the forefront of the moment. Now many people are investing in bitcoins. So it is very important to keep the bitcoin currency very safe. there are several ways to store bitcoins safely and comfortably. the first in the desktop Wallet, the hardware wallet, the paper wallet is one of the safest ways to store bitcoin currencies.

Arafat01775

newbie

Activity: 110

Merit: 0

I agree with others people that trezor is good for you. Its good for offline use. Many people like this for bitcoin safely store.

bitcoinskyrocket09

member

Activity: 239

Merit: 10

Quote from: litecoinricky on May 02, 2018, 06:50:03 PM

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad

But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

I suggest that the best way to keep your bitcoin safe is to have a safe wallet. That means, when opening your wallet, people must be vigilant in using any gadgets of rental computers because we are using our personal password and as we know as of now, hackers are very much knowledgeable in leaving apps in various units. Hence, anyone who would use the computers without any precautions then those people could easily be one of the victim. So people must always keep in mind to be careful in using computers from public internet cafe or any gadgets.

Thecryptocurrency09

full member

Activity: 345

Merit: 100

Quote from: litecoinricky on May 02, 2018, 06:50:03 PM

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad

But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

Bitcoin is part of the innovation of technology therefore it is part of the internet that is use to connect people. As a communication student, we are introduced to the definition and familiarity of internet. Upto now, there is no secured place in the internet and bitcoin is not include in it

Enijesiku Sulaimom

newbie

Activity: 196

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There are lots of ways to store your Bitcoins but one thing that you must emphasize is on the security of your coins, security in d sense that giving priority at all the time to safeguard ur coin. we all have preferences when it comes to the choice of wallet we use. some will settle for web based MEW because of the rapid transaction speed and efficiency and some settle for IMTOKEN, METAMASK and d likes but for the sake of proper security, I encourage my calleagues to settle for Hardware wallets which are not as prone to hacking as Web base wallets. They store your crypto offline making it impossible for a stranger to access it. My view

jessicaldiaseso

newbie

Activity: 79

Merit: 0

The best way to keep your bitcoin safe is to have safe wallet as well. Safe wallet means, when opening your wallet, you must be vigilant in using any gadgets of rental computers because as we know, hackers are very much knowledgeable in leaving apps in various units, then any one who would use the computers with out any precautions could be a victim. So we must be careful in using computers from public internet shops.

demonist

newbie

Activity: 224

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Hardware wallet and a pc without virus and another extra laptop that is not connected to internet since it is bought. Try also to diverse your bitcoins from different hardware you have.

Romeotom

member

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SOL.BIOKRIPT.COM

Actually best ways to keep save your bitcoin wallet as the hardware and online. Basically hardware wallet can give you big safety, anyone hacker do not touch your wallet.it you would choice this is best save store with your bitcoin wallet.

znakistu

full member

Activity: 263

Merit: 100

Quote from: pjr77 on June 30, 2018, 12:39:28 PM

in fact, there are a lot of opportunities. When choosing a service, factors such as ease of use, security system, the ability to quickly obtain coins, as well as round the clock access are taken into account. The most reliable way I consider the storage of your coins either on portable devices or on paper carriers. the main thing is not to lose data.

I would also like to note about local wallets - this is also one of the safest methods for cold storage of crypto-currencies, which is recommended to most users. If the link to download the purse is on the official website of any trusted coin, then such a service can be trusted. Also, do not forget about the security of your computer, since installing a local purse requires a large amount of free space on your hard drive.

pjr77

full member

Activity: 299

Merit: 100

in fact, there are a lot of opportunities. When choosing a service, factors such as ease of use, security system, the ability to quickly obtain coins, as well as round the clock access are taken into account. The most reliable way I consider the storage of your coins either on portable devices or on paper carriers. the main thing is not to lose data.

anithanarayanan

newbie

Activity: 3

Merit: 0

On a USB drive or other storage media.
On a Paper wallet.
On a bearer item such as a physical bitcoin.
Use a offline Bitcoin Hardware wallet.

TelolettOm

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Leading Crypto Sports Betting & Casino Platform

Quote from: litecoinricky on May 02, 2018, 06:50:03 PM

Hi guys
I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down Sad

But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure Huh

1. Download latest BTC client
2. move to a pc not connected to the internet.
3. Create an address on that PC without internet.
4. Send fund to address created on PC with no internet access.
5. Save keys in safe place

Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?

Sorry if my question has been covered many times, but I just don't want to make a big mistake.

Thanks
Rick

what you convey is true, and can add knowledge and knowledge to the investors so as to make the investor's interest in investing with bitcoin

Unlitinated

newbie

Activity: 29

Merit: 0

Guys, it's really a shivering question which I believe that best way of keeping BTC is cold storage. Why? Because everything which concernes online data circulation cannot be 100% safe due to the every day new malicious apps you may miss and have your money earned by sweat of your brow to be stolen away. In otherwise case (cold storage) this risk seems to be eliminated 99.9% cause your ewallet is kept without internet connection and may be used only when you reach it for your transactions. Hardware wallets guarantee the safety the most. I'd recommend you to use well-known mentioned many times here Trezor and Ledger Nano S. One friend of mine use it for 2 years, no prhttp://oblems. I'm gonna to use it as well when my account of BTC is refilled enough

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