Topic: Best way to store Bitcoin safely ? - page 19. (Read 2650 times)
I think Bitcoin is virtual mony and every mony will definitely have the tookls to keep it sefely .so the best way to store Bitcoin is hardwere wealt because hackers can't hackers it because they need the hardwallet to get to it .
The best way to store bitcoin is to keep it in a cold wallet and store it in a secret place in your home.
Get yourself a Ledgar Nano wallet for around 100$ online, you wont regret it.
Seriously best crypto security investment thats available, and very reliable.
Wallet hardware is very safe it is a feeback given by many people. but you have to buy to be able to use it. it does not matter if you want to sacrifice your money for good security. but I myself use my wallet online with free but still very safe. because I use 2fa in every accountSeriously best crypto security investment thats available, and very reliable.
you should choose the safe bitcoin at the first time by searching and studying it carefully
You should not store your bitcoin on the trading platform. Thus, exposure of your security key online is reduced. Nonetheless, desktop wallets are still susceptible to hacks if your machine gets infected with malware designed to root out keys and steal Bitcoins.
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
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
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 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
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
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
My suggestion is there are many wallets like hardware wallet, online wallet, paper wallet etc. Each has its own specification you have to choose the wallet based upon your needs. Any wallet you can choose but you need to protect them safe never mention what wallet you use. Never save your passwords or else dont save the password in reachable or same place always. Don't share your identity, which can be used to hack your wallet. Never enter untrusted or suspicious website. This how you can protect your cryptocoins.
Get yourself a Ledgar Nano wallet for around 100$ online, you wont regret it.
Seriously best crypto security investment thats available, and very reliable.
Seriously best crypto security investment thats available, and very reliable.
use hardware wallets. proven and tested.
I go full paper wallet. Stored safely at home AND in a vault at the bank AND somewhere safe else. Printed best quality on both paper and ink (laser).
Since I'm just new with bitcoin this thread will be very helpful to me. I will read all the suggestions from the tenure of this industry. I am hoping that my start will be as good and positive.
As for me, in my case i store my bitcoin in the couns.ph because it is the safest thing ive known. And no one also knows my password or my key except my wife, just incase of emergency or there are any trouble happen. There are also lots of wallet where you can store it but for me coins.ph is the safest.
The best way to store bitcoin where you can download the best wallet. Using it is more convenient and you will nit be feared for your bitcoin to be hacked. Definitely have a wallet to keep it safe and not lost.
Hardware Wallet
More secure than a desktop wallet is a hardware wallet. These wallets are bits of hardware, external devices like USB sticks which you can carry around on your person. An added benefit of a hardware wallet is the complete anonymity with which you can transact. There is no personal information linked to the hardware, so no identifying data which could be leaked. Hardware wallets are resilient to malware, and if you happen to lose the wallet you'll be able to recover the funds using a seed phrase.
Paper Wallet
A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security. Paper wallets are stored easily because they don't take up a great deal of space, and they also offer true anonymity: they are simply a Bitcoin seed written in some way on a piece of paper.
More secure than a desktop wallet is a hardware wallet. These wallets are bits of hardware, external devices like USB sticks which you can carry around on your person. An added benefit of a hardware wallet is the complete anonymity with which you can transact. There is no personal information linked to the hardware, so no identifying data which could be leaked. Hardware wallets are resilient to malware, and if you happen to lose the wallet you'll be able to recover the funds using a seed phrase.
Paper Wallet
A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security. Paper wallets are stored easily because they don't take up a great deal of space, and they also offer true anonymity: they are simply a Bitcoin seed written in some way on a piece of paper.
I am a huge fan of hardware wallets when it comes to safety point of view. There are several ways to store Bitcoin in offline wallets including paper wallets, hardware wallets as well as ETH more than secure, etc. You can download the famous paper wallet generator from GitHub and move it to an offline PC and create a paper wallet to store your funds offline. In addition, hardware wallets are another more flexible way to use. Thanks
Trezor is the best and safest in this case i thing.
We can use online and offline wallets in this case.
we can use noline wallers in this purpose.
using a good wallet would be a good decision.
You can create your own wallet to store the files safely. I prefer to hardware wallet which you can store bitcoin safely by using password.
The best way to store bitcoins is, you must have a wallet to store your bitcoin. Create your own wallet and save the file safely, if you can private key so someone does not know.
That's not the best way to do it though, the best way of making sure that no one and literally no one but you could access your funds is the ledger or trezord hardware wallet. Saves you from all the worrying that your computer might be infected and your coins will get stolen. Jump to: