Do you keep your coins physically secure? - page 10.

Tides_Network

jr. member

Activity: 61

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Quote from: LinkinPrak on August 06, 2018, 03:54:59 PM

Indeed we as crypto currency players must be vigilant when facing a situation that we must leave our device for some time, for example as you say when leaving a laptop just to go to the toilet. If I become you then before going to the toilet I will close all my laptop access with a password then turn off the laptop temporarily and bring my laptop with me to the toilet. Indeed this step seems more complicated but security is more guaranteed. Indeed we should be vigilant in various situations.

Yes definitely turning off your laptop when in the bathroom is a wise decision.

tofus

full member

Activity: 347

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The Future Of Work

I think paranoia and reasonable physical security have a first meeting when his owner begins to experience fear of losing it.

Raggie

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Activity: 462

Merit: 10

Quote from: Tides_Network on July 24, 2018, 10:51:30 PM

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?

Yes of course, we need to keep our coins or tokens both physically and logically secure.
usually im saving my wallet info in some storage. Then safe the storage to a safe place somewhere.
create the backup as well because sometime you can forget where you store it.

Lorna111

member

Activity: 280

Merit: 11

Quote from: Letwinetz on July 25, 2018, 03:02:29 AM

Quote from: Tides_Network on July 24, 2018, 10:51:30 PM

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?

What for one might seem reasonable for another it might seem complete madness. Its just a matter of perspective, some people will think you are crazy for doing so much work to secure some coins and others will still think you can do more. I think watching out to what wi-fi you connect when you go to a public space or having a good antivirus, etc its just the smart thing to do.

We have our own safety net that being practice, Yes, our individual coins are all keep in our Devices, secured and well protected from any possible causes of damage. Its not paranoia but just security concerns, it is a hard earn coin from profits, investment in the market, we should never leave our Wallet in an open and not secured place even in our house.

capn

full member

Activity: 236

Merit: 100

Quote from: Tides_Network on July 24, 2018, 10:51:30 PM

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?

I am using a paid antivirus, hardware wallet, encrypted messaging, generated 30 symbols passwords, (unique for all the cases).
I believe, that hackers will have a hard-time hacking me, lol.

Phinoy

newbie

Activity: 98

Merit: 0

Quote from: Letwinetz on July 25, 2018, 03:02:29 AM

Quote from: Tides_Network on July 24, 2018, 10:51:30 PM

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?

What for one might seem reasonable for another it might seem complete madness. Its just a matter of perspective, some people will think you are crazy for doing so much work to secure some coins and others will still think you can do more. I think watching out to what wi-fi you connect when you go to a public space or having a good antivirus, etc its just the smart thing to do.

I'm keeping my coins not only physically but i always monitor it in my account so i can surly and relaxed that my coin is safe it just a remained to us that not only in physical way keeping something but we have to be responsible to any thing.

LinkinPrak

jr. member

Activity: 155

Merit: 1

Indeed we as crypto currency players must be vigilant when facing a situation that we must leave our device for some time, for example as you say when leaving a laptop just to go to the toilet. If I become you then before going to the toilet I will close all my laptop access with a password then turn off the laptop temporarily and bring my laptop with me to the toilet. Indeed this step seems more complicated but security is more guaranteed. Indeed we should be vigilant in various situations.

GizmoCoinTEAM

member

Activity: 188

Merit: 10

Physically secure means hardware wallet? Actually, I am planning to buy a hardware wallet very soon. At this moment I am using metamask wallet to secure my coins. I think metamask is far far better wallet than so-called myetherwallet. But everyone knows, the best wallet is the physical wallet and they are Nano ledger and trezor.

yorannic

full member

Activity: 317

Merit: 100

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.

SventraPapere

full member

Activity: 410

Merit: 100

It's not about paranoia,it's about banal security.It is better to be safe once again, then nothing will happen!After all, as practice shows, it is only once to relax and lose vigilance.As immediately that any is happening.I keep my coins in a special vallet,and passwords in a few instances originally in different secure locations.After hearing stories about lost codes from wallets with thousands of bitcoins, as it immediately decided to be safe) And what you advise.What if you were robbed, stolen computer or it burned down or drowned?)A lot can happen,so it's not worth the risk.Store cryptocurrency on special wallets and sleep peacefully.Only duplicate passwords and hide.

nabilanur

member

Activity: 252

Merit: 10

I will be preserving my own money almost all within my finances yet We have retain my own exclusive tips or perhaps pw in the universal serial bus where I will be preserving that within my risk-free along with my own passport and also almost all crucial files. My partner and i Will not merely help save that anyware. We have in addition, it within my notebook yet my own notebook will be attached and contains security password and also My partner and i will not carry it everywhere therefore it is risk-free in the home.

mazesta

newbie

Activity: 79

Merit: 0

yes, I always keep my coin assets. I am always careful in making transactions and always check the authenticity of the link or web before visiting it

gbsray

member

Activity: 126

Merit: 10

On the Internet, as in everyday life, you need to be careful. Losing coins can be very easy if your wallet is hacked, it just need to go to the wrong link

gurunanakji777

full member

Activity: 2184

Merit: 100

SOL.BIOKRIPT.COM

Its a quite big problem hackers are always trying to penetrate in your system. Even I don't have trust on exchanges. I always do keep my coins in trezor wallet that is very secured wallet to secure the coins. My most of the gadgets are password protected and even 2FA also applied. I always use all the security measures to avoid any kind of mishappening or loss. I do not keep my password in my system I keep it on paper at safe place.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I am aware of the fact that Bitcoin and entire crypto industry is all about self-responsibility and hence one should hold himself responsible for the consequences took place after his actions. I am holding my more than 50% funds in a securely generated paper wallet having multiple backup copies and then I am using Trezor Hardware Wallet for ease of access. I am also using web wallet but never keep more than 5% of the funds there.

Ahimoth

sr. member

Activity: 812

Merit: 250

Quote from: TurboPower on August 06, 2018, 07:06:28 AM

Quote from: Tides_Network on July 24, 2018, 10:51:30 PM

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?

Bitcoin does not exist. You can not spare it anyplace, it's in blockchain. That is dispersed and decentralized. Having an equipment wallet does not imply that you have it there. It implies your blockchain get to key is there. However, no PC that I use for routine exercises has any entrance to my wallet or the trades. I make everything from a PC exceptional to these exercises. What's more, my seeds are exceptionally well kept in better places from where I live.

Actually the coins that I own right now are digitally and virtually. So basically it's found in the internet and I don't have them in my hands. They are secured in my account since no one knows it except me. I believe in the security of my account so rest assured that they are safe there and no one can steal them from me.

Rubel23

newbie

Activity: 103

Merit: 0

Well, I think my wallets are safe in my own device.None has the right to touch or use my device without my permission. Moreover, I don't share my wallets private key with anyone as I'm not a fool.So, It is safe as long as it iis in my own devices.

TurboPower

newbie

Activity: 35

Merit: 0

Quote from: Tides_Network on July 24, 2018, 10:51:30 PM

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?

Bitcoin does not exist. You can not spare it anyplace, it's in blockchain. That is dispersed and decentralized. Having an equipment wallet does not imply that you have it there. It implies your blockchain get to key is there. However, no PC that I use for routine exercises has any entrance to my wallet or the trades. I make everything from a PC exceptional to these exercises. What's more, my seeds are exceptionally well kept in better places from where I live.

Daniel9140

jr. member

Activity: 252

Merit: 1

You can only keep your coins secure by getting a hardware wallet like trezor or ledger nano. This is what you do to secure your coins safely and this would protect your bitcoin and all your coins .

Jolozxc

newbie

Activity: 62

Merit: 0

If it for me I will keep my coin on safe place like I read somewhere that we can put our wallet or bitcoin on paper then print it, I like that idea how are we going to keep our bitcoin in that way, for me many people at risk if they dont have a proper way of keeping they coin.

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