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Topic: Do you keep your coins physically secure? - page 9. (Read 1398 times)

member
Activity: 280
Merit: 39
Citowise-Developing Crypotpayment Infrastructure
Keeping your crypto coin safe is not a hard job to deal with there lots of ways to keep your coin safe and secure from hackers out there first is having a hardware wallet this is the most popular way of securing your coins because without any physical contact your coin will not be stole. Second wqy is backing up your PK in a safe and hard copy state never save it on text file in your computer. Third is using a trusted wallet online if you can't afford to buy a hardware wallet.
newbie
Activity: 5
Merit: 0
I have seen some people whose coins were stolen and I won't recommend keeping your Bitcoin other than in a hw wallet. Ledger Nano S is my favorite.

member
Activity: 266
Merit: 10
ImmVRse | Disrupting the VR industry
I'm having a ledger nano hardware wallet, but the funny fact is that I'm not using it because I'm a lazy ass, it's just lying on the shelf covered by dust, and only God knows is it working still or not, lol.
sr. member
Activity: 750
Merit: 252
There is that line somewhere. Some people are living on one side and some on the other side of the line. A friend of mine doesn't care about security, he is thinking that there is no chance for his device to be compromised. I personally don't understand him and others thinking like that. I am pretty paranoid when talking about security in general. No need to have physical contact with device, one who knows can access it online. I didn't have reason for extra security but I am planing to collect coins in near future and I am planing to get one comp for that purpose only. I do hope that it will lower the chance for breaching my device security system.
newbie
Activity: 5
Merit: 0
I don't think a hacker could get to my mobile wallets because I try not to keep too much on a separate account and I don't really believe in hardware wallets. They seem like a scam to me. Nothing personal. I just don't believe they can seriously protect my assets.
newbie
Activity: 10
Merit: 0
I can't imagine whoever can get into cryptocurrency without appropriate security measures.
Coins in online wallets are vulnerable, so only hard wallets for hodling with all the keys stored in separate locations with trusted people.
full member
Activity: 546
Merit: 100
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 i'm keeping it safe.
I never use wifi when i'm going to login my wallet and always use my phone connection for secure.
Also i never save my password and private key on my laptop, i just remember it and wrote it in a piece of paper
newbie
Activity: 167
Merit: 0
I think securing our coins in our devices is more easy and effective than holding fiat money from our wallet.
Eventhough it is too risky because of the possibility of being to be hacked.
But this is the best way. Keep in private and be careful.
full member
Activity: 391
Merit: 100
Of course, by making your private keys to yourself and never let anyone nor anybody have an access on where I jotted down my private keys and passwords. Additionally, I make sure that  my gadget where my bitcoin is installed isn't used by anyone except me.
full member
Activity: 350
Merit: 100
My wallet are secure, my private key and password are save in different ways. So incase my device has been shut down. I have many copy to get it.
jr. member
Activity: 61
Merit: 3
Staker.network - POS Smart Contract ETH Token
I usually keep the private keys and backup keys of my wallet in different places that only i know so if i lose the device i can still open it in another device
newbie
Activity: 162
Merit: 0
I think so, my wallets are physically secured because i keep my private key or password just with mine, i wrote it down on my notes.
jr. member
Activity: 103
Merit: 2
First of all i use hardware wallets in order to keep my coins safe and i never store my crypto in my phone even i don't use it also and i keep my coins in my another laptop. i believe my coins are safe.
member
Activity: 700
Merit: 10
Exchange dont need to be trusted this days as most of them fake hacking of their site, i do save my coin physically secured so thar i wont lose at the end.

If we want to keep our coin/token more safe, we should store our coin on our own wallet. If we decide using exchanger, we should put high security on it by installing 2FA. Its much more safe for us if we store our coin and token on our hard wallet but not many of us have it, so i think the best thing to do is always keep safe our private key
jr. member
Activity: 140
Merit: 1
https://eloncity.io/
Exchange dont need to be trusted this days as most of them fake hacking of their site, i do save my coin physically secured so thar i wont lose at the end.
full member
Activity: 293
Merit: 100
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 I do, I'm following all the rules which is mandatory in order to keep my wallet secure with all those passwords for 35 symbols and etc. I'm not having a big wealth on those but just in case I would Smiley
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?


Yes i secure safety my all tokens I do not share my private key I'm the one who transacts your tokens to avoid losing my tokens even in my family I do not say it all my account I only know .
newbie
Activity: 41
Merit: 0
No, currently to reduce risks of hack, I just split the investments in different exchanges.
jr. member
Activity: 61
Merit: 1
We keep our coins in our own specific manners that we know it that it is in an exceptionally anchored place and we are likewise in charge of it if whatever conceivable to happen, simply don't put all your egg in one crate since the sky is the limit to occur in advanced world.

Exactly, keeping all your eggs in one basket, even a secure basket is unwise. Storing all your eggs in at least two extremely secure and separate baskets is ideal.
jr. member
Activity: 61
Merit: 1
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.



Always wise to avoid sharing your private key, but also wise to store your private key in more than one spot that of course only you know.
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