just get a wallet like coinbase!
leave your bitcoin and wait for a long time.
just remember to save your private keys and passwords safely.
and you are safe!
Topic: Best way to store Bitcoin safely ? - page 35. (Read 2650 times)
The best option is to find multiple ways for you to store and to keep your bitcoin. We all know that there would be always avrisk in storing in a decentralized and online based system so it is better to lessen the risk by not limiting ourselves on the way we could store our Bitcoin in both online and offline way.
wallet bitcoin dan wallet website
To store bitcoins safely can use online digital wallets, but if your bitcoin is publicly displayed, it can lead to attacks of hacking and fraud. Then the best option is to use hardware that can store your bitcoin offline.
Examples of security devices that look like USB drives, usb can easily be sent to the computer. can use pin number for security.
Examples of security devices that look like USB drives, usb can easily be sent to the computer. can use pin number for security.
To store the bitcoin safely, you should set up the wallet to store. As far as I know, there are five types of secure bitcoins available today: Ledger Nano S wallet, Exodus Wallet, My Ether Wallet, Wallet TREZOR, Wallet Ethereum on Coinbase
Look for different ways on how you can check your BTC wallet other than your pass key do not give your wallet info to others that is anonymous to you. You can use cold, Hard (Digital) Cash. Use hardware wallets like Trezor or the Ledger Nano S but it cost $100 or less and have a straightforward setup. There are many ways on how you can keep your wallet safe you just have to study and research on how to do it. You just have to be diligence in looking for ways on how you can keep your wallet safe, you can also search on the google, you can also read some forum here in bitcointalk so you can get some suggestion on other people. But you just make it as your guide I'm not telling you to follow what everyone is telling you we never know what others want to tell us. so For me Look for the best way that you can do to make your wallet safe.
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 think hardware wallet or paper wallet are best choices. They are independence from internet and hard to be hacked. 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
The best way you can do to store your Bitcoin is to use a hardware wallet or generate your own private key and print it on a piece of paper.
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.
Third party wallets are not advisable to use if you will hold your Bitcoins for a long time, remember that third party wallets will not give you full control of your private keys.Sorry if my question has been covered many times, but I just don't want to make a big mistake.
Hi again
I just wanted to let you guys that have been recommending the hardware wallets,
I was going to buy the ledger nano s tonight until I read there is security issues with them, Ive just made a post here regarding the Ledger Nano S https://bitcointalksearch.org/topic/warning-for-ledger-nano-s-users-buyers-3630923
You should know that there are no perfect security on any system, everything has its own flaws. This is why you should always update the firmware of your hardware wallet for better security. About this security issues that you are saying on that thread, I think you will be fine if you will just buy ledger nano s directly to its manufacturer to ensure that they didn't modify anything on that hardware, and never buy on any re-seller. If you still worrying about this then just create your own paper wallet, but also be careful on what software and device you will use to generate the private keys. Or you can also try other hardware wallet like trezor. I just wanted to let you guys that have been recommending the hardware wallets,
I was going to buy the ledger nano s tonight until I read there is security issues with them, Ive just made a post here regarding the Ledger Nano S https://bitcointalksearch.org/topic/warning-for-ledger-nano-s-users-buyers-3630923
Hi again
I just wanted to let you guys that have been recommending the hardware wallets,
I was going to buy the ledger nano s tonight until I read there is security issues with them, Ive just made a post here regarding the Ledger Nano S https://bitcointalksearch.org/topic/warning-for-ledger-nano-s-users-buyers-3630923
I just wanted to let you guys that have been recommending the hardware wallets,
I was going to buy the ledger nano s tonight until I read there is security issues with them, Ive just made a post here regarding the Ledger Nano S https://bitcointalksearch.org/topic/warning-for-ledger-nano-s-users-buyers-3630923
I am a great fan of the hardware wallets when it comes to the safety point of view. There are multiple ways to store Bitcoins in offline wallets including paper wallet, hardware wallet etc. You can download the reputed paper wallet generator from GitHub and move it to any offline PC and generate paper wallets to store your funds offline. Alternatively, hardware wallet is another way which is more flexible to use.
i guess the best way to store bitcoin safely is stored it on a hard wallet.
but you need money to buy hard wallet, it is not free.
but you need money to buy hard wallet, it is not free.
Trezor is a great offline wallet
it is called "hardware" wallet which is very different from an "offline" wallet.
a hardware wallet is basically something like a flash disk that you store your private keys (your wallet) in it and it is designed in a way to be secure and not leak your keys out.
but an offline wallet is any wallet that is used offline. it can be a paper wallet which is private keys on a paper or a desktop wallet that is installed on an offline computer.
There is a huge amount of safe storage of coins, as one of them has already said is cold storage, but I will tell you in other words, it is impossible to crack the wallet, but to crack the place where you keep the key to the wallet completely, so take care of your key and not the wallet)
The best way to store bitcoin where you can download the best wallet. I prefer to use coins. pH so that you can store bitcoin safely and secured. Always keep in the safe place the private key so that know one can hack your wallets.
Trezor is a great offline wallet
We don't want to trust any people or we don't let others about our Bitcoin we keep it safety.We put it in a hard wallet that are not connected to the internet.
Trezor is a great offline wallet
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 ?
Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ?
For the 5th step, you'll probably want to have your backups in various places. One to carry with you, one in home, one in the garden, one in some other random place, one in your car.
Except, you'll have to modify the seed/private key so if it gets stolen the thief won't be able to decrypt it and steal whats inside.
I know many stories about papers got burned, stolen and similar. Make many backups, make them as only you can safely use.
For a quick access, all you need is an electrum wallet...
I think this guide from the Bitcoin wiki is still the most extensive one for setting up a secure cold storage wallet:
https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet
This guide does require you to run an Ubuntu live CD (live USB is also an option). Keep in mind that this is probably one of the most secure ways to set up a cold storage wallet by yourself.
You can change some steps in the process, but it will result in a less secure solution.
https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet
This guide does require you to run an Ubuntu live CD (live USB is also an option). Keep in mind that this is probably one of the most secure ways to set up a cold storage wallet by yourself.
You can change some steps in the process, but it will result in a less secure solution.
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
After the cold private key is imported into the online wallet software, the cold wallet can be used as a hot wallet, which is convenient, safe, and irreversible. 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 love Trezor because it is a cold storage method that greatly reduces cybersecurity risks and i have not experienced any problems with it.
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