Topic: Do you keep your coins physically secure? - page 3. (Read 1398 times)
I still use online wallets because I can't afford to buy a hardware wallet these days. But I know the risk of it and i don't want to lose my coins. So I hope to buy a hardware wallet soon to secure my coins.
Of course I did because it is related with money based on this everyone should keep safe their own wallet because if you are not aware you can face hack also keep your private key and public key secured.
What you say is completely true, there are a lot of risks when it comes to storing crypto. What I do is just to write down my private key on a paper, but I just don’t write it exactly as it is, I change some letter/numbers with another ones, then I store that paper in a place that I consider secure. There are several ways to reduce risks near to 0, but it is imposible to be 100% secure no matter what we do. 
Yes, I think that privacy and secure is an important issue for every crypto investor. We should keep our private keys and passwords in safety.
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 paper wallet, just backup your wallet, store it carefully and it is safe. Hardware wallet is also secure too but it is very expensive. I am still using online wallet and trying to improve the security everyday. 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?
The only way of securing bitcoin physically is just by safeguarding the paper wallet in a much secure manner. Until we have the paper wallet with the information recorded for the recovery of the funds our wallet is secure. If it is lost, someone might make use of our funds or it goes unused.
I keep it safe but if at the right time I will sell it. There are safe wallets depending on your needs.
In general, if you're about to sell it you don't need to keep that amount as safe. Thats where the hotwallet/coldwallet dichotomy comes in.
I keep it safe but if at the right time I will sell it. There are safe wallets depending on your needs.
Physically secure means I think hardware wallet will be the answer. I always keep my hardware wallet in a locker.
Yes, and I always prefer best wallets in this purpose and I also suggest every one that if they want proper security of their crypro then they must choose hardware wallets because it is little expensive but very much safe.
And make sure if you're going to get a hardware wallet, dont buy it from ebay! These types of things should never be sold used or refurbished.
Yes, and I always prefer best wallets in this purpose and I also suggest every one that if they want proper security of their crypro then they must choose hardware wallets because it is little expensive but very much safe.
All my coins are on online wallets, not on exchanges. I don't connect with any public wifi. I have 2 phones with internet and one internet dongle, so that I am never out of internet for any reason like network problem. I keep my private keys and 2fa backed up and encrypted and I think its enough.
Even if you trust your online wallets, do you trust their third party services? Even blockchain.info had their DNS redirected at one point to a malicious party.
All my coins are on online wallets, not on exchanges. I don't connect with any public wifi. I have 2 phones with internet and one internet dongle, so that I am never out of internet for any reason like network problem. I keep my private keys and 2fa backed up and encrypted and I think its enough.
All crypto has a virtual nature we can not hold it physically at home or somewhere other than online wallet and it is virtual currency so there availability and using through Internet is possible while many of the people are making high transaction without fear.
If seen physically, I will say it's safe. But we also have to be more careful in storing personal files such as private keys and others. Because I think hackers are smarter than we think, so we must be careful when we are online.
I use hardwallet I just used it to store my coin securely I don't always carry it around. I think that would be enough for me to be ensure that is secure.
I only use a MEW printout from an offline computer and keep the printout in my 8,000lb safe. I'm in a low traffic area and like the way I have it set up. I have been thinking about switching to the nano s but not sold on it yet.
I’m physically securing some of my coins in order to prevent of being hacked. Hackers are everywhere, we need to be careful and we should not easily trust.
Keep your cold wallet away from the internet!
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 have my personal computer in the house and I save all my wallets their, I have also my copy stored in my usb so that I can have also copy when my wallets are erased in my personal computer. Only me and my kids are using my personal computer and nobody will touch it because there I did store my wallets and some of my personal passwords of my accounts. 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’m physically securing some of my coins in order to prevent of being hacked. Hackers are everywhere, we need to be careful and we should not easily trust.
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