Topic: [GUIDE] Keeping your crypto secure: DOs and DON'Ts (Read 225 times)

Yeah true but I thought that was obvious enough. I did a quick edit though, juuuuuust to be completely sure. Thanks

I have heard about Authy as an option instead of usual Google Authenticator. At the moment I don't consider it to be on the same level of reliability, but as an alternative - it seems to be good.

Some people don't even trust their own family though lol. But yeah, sharing actual private keys is an absolute no, but telling a few trusted people about them may leave a little room for some flexibility. You're just going to have to live with the fact that you're opening attack vectors in exchange for solving future complications. There are other ways of handling such situations though, like leaving your safe's combination in your will (with no mention of Bitcoin because attorneys), with actual instructions inside the safe.


Not the OP, but they're much better than nothing. They're not foolproof by any means, but I would personally choose to use them should an option to be given to me.

maybe never to anyone is too strong.
keep a copy in a private safe? (with instructions), let your family know about it.
we all leave someday.

Quick edit for you...DO NOT give away your private key(s) to anyone, anywhere, ever...seriously...NEVER!

This does not apply just to airdrops, it applies to every scenario. Giving your private keys to anyone is like giving them your bank account check book...accept no one will ever know that someone's forging those checks! Or like giving someone the keys to your house or your Lambo!

Do you suggest using Google authenticator or Authy?

DOs
[1] DO only store your private key(s) on pieces of paper or on a CryptoSteel, and store them somewhere no-one else but you has access to
[2] DO store majority of your funds on a hardware wallet or a correctly-made paper wallet
[3] DO only use a paper wallet if you're 100% confident that you can make one in a secure manner
[4] DO store only small amounts of crypto on your hot wallets(exchanges, software wallets, web wallets, etc)
[5] DO use secure and complex passwords on all your accounts; not only on your exchange accounts
[6] DO use 2 Factor Authentication on most if not all your accounts online. Your accounts having 2FA makes your accounts significantly harder to hack

DON'Ts
[1] DO NOT save your private key(s) and account passwords on a .txt file, a word document, on your mobile phone's notes app, etc
[2] DO NOT store significant amounts of cryptocurrency on your hot wallets, pretty much anywhere that you don't have control over the private key(s) and that could potentially be stolen by hackers
[3] DO NOT give away your private key(s) to crypto airdrops or to anyone else in general. Giving away your private key(s) is pretty much like giving away access to your bank account
[4] DO NOT click on exchange ads on Google or any other search engine (screenshot). There's a good chance that a certain link you see in your search result is a phishing link that could potentially steal your funds
[5] DO NOT re-use passwords on exchanges or any other website

Related: Cryptocurrency scams to watch out for

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by: yours truly.

Make sure to visit our site if you wanted more information about basic cryptocurrency security.

https://cryptosec.info/

Disclaimer: CryptoSec.info is a simple website made to help beginners in the cryptocurrency-space by giving them sufficient knowledge on protecting their crypto investments, and learn about the risks they're taking when using certain wallets and or services.