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Topic: Do you keep your coins physically secure? - page 16. (Read 1398 times)

full member
Activity: 476
Merit: 100
I always keep my coin in my wallet and have never tried wallet hardware, which is said to be safer than the regular wallet. And I am grateful to be safe from any risk of coin theft.
full member
Activity: 2520
Merit: 204
Yeah your correct people keeping their own device is riky, in my experience i lost my coins keeping in my device because i really trust it's is secured,but i'm sad to say isn't because i can't expect the system lost of my computer and all my privatekeys are in my computer sad to can't  get my coins into my wallet.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
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.
newbie
Activity: 74
Merit: 0
Off course.
 Most of my coins are in my hardware wallet.. I only keep a little portion in exchanges..  So i can say I'm physically secured
just like you. 
 My coin purse are also on my hardware. I also keep a small part in the Exchange. physically my coins is very safe
newbie
Activity: 84
Merit: 0
Yeah. And i think hardware wallets are the safesoption. but there is still a risk of losing the coins if the walllet gets stolen.
full member
Activity: 2086
Merit: 193
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?
We know about physical wallet but almost dont use physical wallet for cryptocurrency, almost put coins in online wallet or exchange wallet
I'm just storing my coins through our local wallet which I trust so much and I hope that my coins are secured their. I would love to have a physical wallet but I think its quiet hassle for me. Its too risky if someone stole that wallet so for me the wallet I'm using right now is more secure for now.
newbie
Activity: 34
Merit: 0
I think it keeps reason if you have a large amount of BTC. In any case, you can keep crypto online.
newbie
Activity: 29
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?
We know about physical wallet but almost dont use physical wallet for cryptocurrency, almost put coins in online wallet or exchange wallet
newbie
Activity: 30
Merit: 0
Even it not the best secured wallet in the world,but it still more Security than other wallet.For now,i didn't see any hackers could go though the firewall of bitcoin.
newbie
Activity: 14
Merit: 0
Yes my most of coin in hardware wallet because on exchange our coins is not secure.keep only that coins which u wanna trade on exchange because of many hackers can steal our bitcoins so security will be our first priority and we can access our coins from private keys so if we are holding bitcoins in bulk  quantity on exchanges then we can face hacking problems.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
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 think comparison of fiat and cryptocurrency security is not exactly comparable, security of our crypto coins in my opinion is much more complicated. A good part of the crypto users does not devote enough attention to that until the moment something bad happens. In case someone steals your wallet with fiat, there is a hope that you will still find it, maybe with the help of the police or in some other way. When your crypto coins are losted/stolen, opportunity to return is actually minimal.

People need to know that fiat in the bank and crypto coins in your wallet (personal bank) is not the same, in the case of possession cryptocurrency responsibility is only for you to protect it. It's crucial to be in the full possession of your private keys and keep them in maximum safe environment, nothing more and nothing less than that.
newbie
Activity: 196
Merit: 0
Keep the bitcoin in the moment and wait for the price to rise for sale. Security is very important because it is the decisive factor
member
Activity: 476
Merit: 10
Student Coin
Yes in physically i`ve hide it but when i put it in social i should put some authenticaton just like google authentication or sms aunthentication,this thing is to sure that your identity is very secured.
member
Activity: 308
Merit: 18
Of course, I keep my coins in secure. I already download metamask for my coins and I store it there. I think this wallet is the most secured than other wallet. I think it keeps the scammer and hackers in this wallet. There are so many wallet that you can see, and I think this is secured too.
jr. member
Activity: 154
Merit: 1
i use a paper wallet offline, that way i know my coins are secure offline no viruses or scams can affect them or get to them
jr. member
Activity: 42
Merit: 1
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.
newbie
Activity: 186
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?


Of course no one knows my password to secure all of my tokens to my wallet. I did not trust my account anymore and maybe when I was awake one day I lost my tokens to my wallet.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
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?
Of course, but not too much with always bringing a laptop wherever we go. I just apply passwords on all the devices I use to store my coin. By using a password, for example on a laptop, I think it's enough for me to protect them.
sr. member
Activity: 1134
Merit: 342
Now everyone is on the security issue. As the bitcoin value increases, the thieves will pay more attention. We all need to be careful and cautious.
newbie
Activity: 19
Merit: 0
The best and the most secure option to store your cryptocurrencies is to store it on the hardware wallet. In turn, hardware wallet you should store at home, in a safe place. I prefer Trezor wallet.
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