Cool wallet for bitcoin
Bc its waterproof wallet which keeps access to your cryptocurrencies 100% offline. No matter how vulnerable your network connections, your private keys never leave the CoolWallet device. Its OTP system allows users to sign their transactions offline. The CoolWallet is a credit-card shaped device which perfectly fits into your wallet.
Ledger nano fr everything else
Its definitely worth $$
Topic: Do you keep your coins physically secure? (Read 1398 times)
You need to take precautions with any devices you access your wallet with. Apart from making sure your wallet is secure with 2FA and other security features, you also need to keep your devices to yourself. Any devices you are using, you should be the only person that can access it at any time. Is not been greedy is about securing your entire life investments and we try to put everything into it to make it secure.
I think it's all solved by a cold wallet such as LAGER NANO or TRESOR. and then you can leave the laptop on the table in the Starbucks as well as before.
many of us still keep our coins on our own devices
I believe they do it for a reason. Maybe they're trading rather than hodling, then they might find it more comfortable to keep their coins on their devices. Otherwise, it's too risky, I guess.
I for one, keep'em in a cold wallet. That's the only way to have a good night's sleep
Its understandable to keep some amount of coins on an exchange, as long as you treat it as a hotwallet and understand that those coins are at risk and may be lost through no fault of your own.
The coins on your own devices, are kept safe by you and you don't have to trust third parties.
many of us still keep our coins on our own devices
I believe they do it for a reason. Maybe they're trading rather than hodling, then they might find it more comfortable to keep their coins on their devices. Otherwise, it's too risky, I guess.
I for one, keep'em in a cold wallet. That's the only way to have a good night's sleep
Anything online is lace with security risk and this includes our wallets containing our coins or token. There are some measures taken to increase the security level of the wallets so it is left for the wallets ownes to accept these measures because they are not always mandatory.Some of these measures includes incorporating goggle 2FA, email notification and confirmation and sms code notification.
Yes, of course, physically I have hidden it, but when I put it on social, I have to put some authenticaton like google authentication or a stop sms. Because this wallet is trusted and tested, that's why I'm not worried.
I can keep it safe, because I do not know the security code, so if my bitcoin is lost, someone else used some external software to hack my password. Or we accidentally forgotten the password itself to make the bitcoin immediate but can not use. Those are really very regrettable
yes its hard to say, to save bitcoin in the online is very dangerous because of the scam and the hacker, but if you store your coin and other cryptocurrencies in the physic form its dangerous from the thief and the damage of the physic memosy, so what is the best place to save our coin?
Yes because every cent counts.My digital coin is kept in a secure wallet.I do not let anyone know my wallet address because it can be hacked.We all need to take precautions in storing our coins.We will need it in the future.
I keep it, but don't keep physically secure. I just save my coin be in the wallet, without giving any protection. I think if no one knows my wallet password, my coin will be safe from anything. unless my computer is hacked, it maybe lose everything.
From now on i can keep my coins physically secure to my digital wallet . Because it can convert my coins into a physical cash.
I don't get a physical part because Bitcoin is digital and does not have physical characteristics. But to maintain its security, I take the precautions needed to keep my coins safe. Hackers or scammers will do anything to steal our coins.
I don't keep my coins too much. but I'm sure it will be fine with my coin. because I always open my account at any time. but I guarantee my wallet and security are locked properly. We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
This is the difference between fiat money and the digital currency. The thief could not get the money from you if your money is in form of digital. However, if it is in physical form then it could be stolen once you leave your desk. It is really an advantage to put your money on digital system. Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
I believe keeping the coins physically secure means you need some place with a safe features to store your wallet information.
A safety box is enough to safe a flashdisk or hardisk or hard wallet that contain your wallet information on there.
I don't get a physical part because Bitcoin is digital and does not have physical characteristics. But to maintain its security, I take the precautions needed to keep my coins safe. Hackers or scammers will do anything to steal our coins.
In some point, Bitcoin is also physical if you manage to write the corresponding public/private keys within a piece of paper. The key here is to secure your coins as much as you can against hacks, or physical access (in case you store your coins in a paper wallet). By doing your own research across the web, you'll become knowledgeable on how to properly secure your cryptocurrency funds. Sure, hackers or scammers will devise ways on how to get access to your cryptocurrencies, but it would be up to you to maintain yourself updated about the latest threats.
Personally, I try to read the news everyday related to the latest crypto trends. That way, I maintain myself informed about what are the hacker's latest moves to protect myself against them. By using an up-to-date antivirus and firewall software, a secure operating system like Linux, and verifying hashes when downloading the latest wallet version, you can keep yourself protected against hacks for good. This is even better if you only always use hardware wallets or wallets with keys that had been generated offline to keep hackers away from your funds.
Be aware though, that there's nothing 100% secure in this life, and a small mistake from you, could cost you dearly.
My friend at the very beginning of my investment advised me a cold wallet, and for several months I have been using it. I have never had any doubts about my safety, and I hope that my coins will be safe in the future.
I, like many investors here, use hardware wallets that are currently the best in the market. This is when I recommended them here on this forum, and the best I found.
It is very unwise to keep your coins on the stock exchange. It is best to choose a good, proven wallet for storage. For me it's cold wallets, now I use Trezor and while I'm very happy with it.
I trust only in hardware wallets, so that's where I keep my coins. The only exception i take - when coins have to be sent to exchanges and are in use for trades, but when trade is over they go back to the hard wallet again.
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