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Topic: Do you keep your coins physically secure? - page 15. (Read 1398 times)

sr. member
Activity: 643
Merit: 264
But we dont need to keep our crypto devices secure and this is what I like more about hardware wallet. Seed yes, but not harware wallet.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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?

Yups because our gadgets is the most important thing thats why we must make it always secure,youre too literal when needed to doubt about the lappy because we can put security lock on your lappy before leaving it on starbucks.

For me keeping my wallet secure is by not entering sites that may direct to phishing sites because hackers are mostly using those to get out keys
jr. member
Activity: 238
Merit: 6
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?

Leaving your laptop in public places is very reckless.

In general, I would advise you to store your purses on a device that rarely connects to the Internet, a separate laptop or write passwords to a notebook, i.e. DO NOT store all one place.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
I do have my private keys and wallets in my mobile phones and in my computer too but i still not comportable about that copy so i create another copy and save it to one of my usb and i always bring it together with me to keep it safe.
newbie
Activity: 22
Merit: 0
Even if you leave your device (mobile phone, laptop) behind still there are private keys, passcodes and two factor authentication available for securing your account. I think we have reached the time of advancement where losing our cryptos from hardware wallet can only be possible for our silly mistakes like losing both the phone and laptop at same time.
newbie
Activity: 238
Merit: 0
Obviously I keep my wallet and hardware devices secure to protect my coin from being hacked. The security has become a very important issue now a day and so we all need to be aware of th`is issue.
newbie
Activity: 159
Merit: 0
well to me keeping my coins on exchange is like wasting it, because that exchange might be hacked anytime any moment so i do that for any reason, talking of my wallet all my coins are well secured because what hustling for is for us not to get hacked because the system is full insecurity so far we need to take all security majors before we can succeed in this biz.
sr. member
Activity: 798
Merit: 251
Small Trader
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?
Keeping something of ours is an obligation. I always take care of every device because it contains every data that is very important for my life. And at least don't leave our devices in public places, because public places are prone to theft.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
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.
If you invested money in this market you need to take care of that, i do have a back up of all my private keys in a couple of hardware devices and it is always secured in a safe locker and i do not use my laptop in public places nor do i keep any huge amount of money in wallets while traveling let alone use it in public places, never use public wifi while accessing your wallets as there are cases people lost their funds, so always be smart and use  it securely.
member
Activity: 230
Merit: 22
Staker.network - POS Smart Contract ETH Token
I have saved my keys in a lot of ways in order to protect it as much as i can.
Aside from storing it digitally i have also made copies of it tgru paper wallet in order to protect my self from files being corrupted.
Let us always remember that our assests is only as safe as it could be depending on the protection we are giving to it.
There is no one to blame in case of lost or theft  but only our self.
full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
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?
Who in their right mind will leave their laptop on the table at Starbucks? I believe that since when we're kids we are taught to not leave our things unattended. Also, it is not safe to just save your private keys on your device. What if your device got stolen or worse your laptop have a problem like problem in Operating system and you need to reformat it, your private key will also be deleted so it's better if you write your private keys on a paper or save it at flash-drives or any storage devices.
jr. member
Activity: 61
Merit: 1
After what I've read and what happened to a friend of mine, I decided to and I spent some money for a cold storage. Call it a paranoia, if you like, but when it comes to money (whether physical or virtual) I prefer to keep it safe. I don't have time to start all over again making money from scratch. Just can't afford it. Cold wallet. Period.  Cool

Yes ever since 2011 and earlier people were discussing internet free, cold storage.
newbie
Activity: 53
Merit: 0
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 don't keep my coins in cold storage but i keep secure all my private keys and all the wallets on my normal day use laptop are secure with password, plus the ones staking are in my other computer at home secure and away.

Don't have any private key on sight and backed everything up. Not 100% secure but 90% i would say.
legendary
Activity: 1834
Merit: 1036
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 bought a Ledger wallet from a local re-seller in our country last year, but after reading a news about a Ledger wallet hacked by a 15 year old program developer, I had second thoughts on storing my coins in a Ledger wallet or just keep it in my hardware wallet (core). So I ended up in keeping my coins in a hardware wallet (core).
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
I have considered these factors before. If you are using the device that contains your wallet / storage, don't ever put your private keys/seeds there.

My remedy on this one is back up and 2FA (if needed) but back up for me is enough.

And also be responsible wherever you go, it's your money that you are securing if you go in public places not others.
I agree. To be secured your funds we must be responsible at all times because it's our fault if there's go wrong to our funds. And I agree that if we have a bitcoin wallet or any crypto wallet device we need to be sure that it's secured like putting 2fa.
His example is he wanted to go to the CR while inside Starbucks, so that's obvious that he shouldn't leave his things unattended.

Don't feel so comfortable your funds while your outside your house or else you'll be ending drought if you have been depending on the establishment's security.
newbie
Activity: 18
Merit: 0
After what I've read and what happened to a friend of mine, I decided to and I spent some money for a cold storage. Call it a paranoia, if you like, but when it comes to money (whether physical or virtual) I prefer to keep it safe. I don't have time to start all over again making money from scratch. Just can't afford it. Cold wallet. Period.  Cool
newbie
Activity: 6
Merit: 0
Big companies, serious businesses, I mean, have developed a number of rules or policies to safeguard the confidential information. For example, always keep your computer password protected with automatic rules applied by the company computer system as soon as you log in; passwords must meet the minimum requirements; never leave your laptop unattended either in the office, or in your car, let alone in public places. So after working more than ten years in such environment you also become 'paranoid' because it has grown on you and you don't find it annoying, anyway.
I keep my coins in cold storage with keys kept in various secure places in locations different from the cold wallet's location. Cool
jr. member
Activity: 175
Merit: 1
I have considered these factors before. If you are using the device that contains your wallet / storage, don't ever put your private keys/seeds there.

My remedy on this one is back up and 2FA (if needed) but back up for me is enough.

And also be responsible wherever you go, it's your money that you are securing if you go in public places not others.
That's right. We are the one who responsible for that. So if that is very important to us therefore we make sure that it is much secured so be careful in placing it any storage. It is much  better that we do have a back up so we have  our  security and assurance. Do not ever leave our important things especially in public places to making sure that our things are definitely safe for some other foolish  people that may taking advantage the situations. The safeness and securities of our private belongings is in our hands.
member
Activity: 383
Merit: 10
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?
you are right and of course it all depends on our own security that keeps and makes it safe because the weakness and risk of crypto currency is very big
jr. member
Activity: 182
Merit: 4
Most people in crypto sometimes underestimate the threats in their immediate environment. We consider online hacks as the most threatening while we forget to realize how difficult it may be to leave your laptop or other devices open to everyone.
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