Topic: how do I keep my private key safe? - page 4. (Read 713 times)
Do not use your emails as repository for important files and documents. They are the easiest to phish and hack and once they do, it's over for you and all your hard-earned bitcoin savings. I would suggest you invest on a Cold Wallet or so that is completely shut off from the internet. That way you can rest assured that as long as you don't do anything stupid like connecting it on a hot wallet or something, your funds are secure and will not be vulnerable to hacks and attacks.
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
When you do have some coins which are tended to be holded for long term and the amount is really that significant then the best way is to have your own ledger wallet or those known HW out there which you could really be making use of.Dont touch up custodial wallets which you dont possess the keys of your wallet. Storing up keys on cloud is never
been advisable on which on same you do said that it could be potentially be compromised and would expose those keys. Also, once you do lost your keys or you forgotten
then it is really that considered to be lost forever.
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
These situations can be solved easily mate, you don't have to ask about it nor get some advice (although it's indeed advisable especially if you're new) as almost everything right now can be looked up on the web. Just do a simple search on Google on how to store your keys safely and voilà, problem solved!
Surely, storing them in the Gmail in the form of an email isn't the smartest thing to do with your keys as everything online is considered not safe. Making a hardcopy about your keys may do the trick and store them in a safe place where only you knows about it.
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked.
That's not a good advise of keeping your private keys on your gmail or any cloud service. If you've lost your private keys then there's no way of recovering it again unless you do a back up and wrote is somewhere else that only you can access it.Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
Rewriting it on many surface that only you can see it. The first is the typical one that writing it on a piece of paper and laminate it that no one knows if ever you've got a lamination machine. Others did it on a dog tag. 
To prevent asset theft you should keep your privately key in a location that only you have access to and that is not too hidden so that you can readily find them. Its even better to save it physically so you don't lose it and don’t hide it too far in order not to forget where it is kept. Its not secure to store it online, ur email is not a safe place as well, its best to write them down on a piece of paper and duplicate in different locations just incase of flood or fire outbreak.
Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked.
This should be the last thing you should think of doing with your passphrase or secret keys. It is not ideal and not recommended to store such sensitive information to your Gmail account. I have a friend who used to store his details online his Gmail account but the unfortunate happened, his account got hacked and the hackers accessed his secret keys to his wallets all and moved his funds till today those funds has not been recovered. So therefore, storing your wallet details online should not be a safe haven because anybody who has access to your Gmail account can undo you by stealing your funds. If you have noticed and from what I have read through here, you have been advised to write down your secret keys on a sheet of paper and store it where only you can access it secretly when ever you want it as it is the way to having access to your funds. 
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
keeping your private key on Gmail, drive or dropbox is not a good idea. Because all these depend on email Anyone who has access to emails can access them because there are thousands of stories of email hacks. So you can write down your private key in a diary and hide it or you can store it in a pen drive and hide that pen drive. Since memorizing a private key is almost impossible for a human being, storing your private key that way is the only way.Actually, it's not a good idea to store it in a diary or a thumb drive because there are several problems. For instance, consider the earthquake in Turkey that destroyed everything. How would you find the pen drive among the rubble? Or what if a fire destroyed the diary? Instead, a solution to store it in the cloud could be to encode it into a trivial story where only you know the key, or to split it up and store it across multiple cloud services. This way, you could retrieve it at any time.
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
keeping your private key on Gmail, drive or dropbox is not a good idea. Because all these depend on email Anyone who has access to emails can access them because there are thousands of stories of email hacks. So you can write down your private key in a diary and hide it or you can store it in a pen drive and hide that pen drive. Since memorizing a private key is almost impossible for a human being, storing your private key that way is the only way. 
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
LMAO
Who was that person who told you to keep your keys on gmail. Stay way from that person.Gmail is the worst place where anyone would keep their coins.
Your keeps should be kept in a place where only you have the access to it. Also, you should have multiple backups of your keys and store on different locations.
So that in case of emergency you can access one of those to get hold of your coins.
Some options for you are cold storage, hardware wallets, metal plates, phones without internet, paper (protected with metal) etc...
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
As everyone already said, It was the worst idea to store your private keys online.
You can simply write them down on a piece of paper and keep them in a safe place. If you have any offline device disconnected from the online, You can keep it there as well. Disconnect your computer from the internet. Copy your private key and make a txt file. You can encrypt it if you want and move it to a Pendrive. Remove the pen drive and it's safe. Don't encrypt the file if you don't know how to decrypt it.
Who is that genius? Gmail is the worst place to store anything sensitive cause its can be hacked easily in so many ways so never store anything which contains sensitive information including google drive.
Indeed. Google practically puts profit above ethics. They've been leaked several times, and have been advertising scams in their search engine. Let alone their privacy policy which essentially reveals how much they focus on acquiring as much data as possible from you. They're being sued frequently now more. A little search in Hackernews, and you'll suddenly realize how you're being spied. Not trustworthy.
First and foremost, you should never store your private keys online. That's just asking for trouble. No matter how secure a service may claim to be, there's always a risk that it could be hacked or compromised in some other way. Instead, keep your private keys (or backup seed) offline, on a piece of paper or on a metal sheet. This way, they're not connected to the internet, which makes them much harder to hack.
It's really important to not only keep your private keys offline, but also to never store them electronically, even on your own device. This is because malware and other malicious software can still find its way onto your device, even if you think you've taken every precaution. For example, there's a type of malware called clipboard spyware that can monitor your device's clipboard and steal any data that you copy and paste, including your private keys. This means that even if you're careful about how you store your private keys, you could still be at risk if you're not using a properly secured and air-gapped device.
All in all, it's important to stay vigilant when it comes to keeping your private keys safe. With a little bit of caution and some common sense, you can protect your investments and keep your coins where they belong.
It's really important to not only keep your private keys offline, but also to never store them electronically, even on your own device. This is because malware and other malicious software can still find its way onto your device, even if you think you've taken every precaution. For example, there's a type of malware called clipboard spyware that can monitor your device's clipboard and steal any data that you copy and paste, including your private keys. This means that even if you're careful about how you store your private keys, you could still be at risk if you're not using a properly secured and air-gapped device.
All in all, it's important to stay vigilant when it comes to keeping your private keys safe. With a little bit of caution and some common sense, you can protect your investments and keep your coins where they belong.
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
Who is that genius? Gmail is the worst place to store anything sensitive cause its can be hacked easily in so many ways so never store anything which contains sensitive information including google drive.Storing digitally itself not recommended so just keep them by writing down in a paper and keep the paper in water and fireproof container is the best possible solution.
Many have explained how to store the correct private key in various ways offline, but it's not a good idea if you really store it in Gmail or paid cloud, all of which are dangerous and vulnerable to hacking.
I don't know how anyone still saves online while the sheets of paper for recording private keys are much better so you can store them safely or they can be made of steel with carvings made it is one where many use but I myself prefer on notes on paper and stored properly.
Back to each other if you take good care of it then it will be fine forever.
I don't know how anyone still saves online while the sheets of paper for recording private keys are much better so you can store them safely or they can be made of steel with carvings made it is one where many use but I myself prefer on notes on paper and stored properly.
Back to each other if you take good care of it then it will be fine forever.
While considering private key safety many suggestions have already been mentioned in posts, but still private keys are the ultimate source to access crypto electronically, without a private key no one can get access to crypto assets. So keeping them safe and secure is the most important task.
As Gmail, any drive, or any cloud services are third-party and completely centralized services that may keep watch on data stored electronically, so never keep any confidential data on electronic platforms. It may bring trouble.
The second important task to keep your wallet safe is never to use your wallet for suspicious sites by allowing to access them.
Many phishing sites have extra scripts embedded within websites that get access to the wallet and may harm your equity.
As Gmail, any drive, or any cloud services are third-party and completely centralized services that may keep watch on data stored electronically, so never keep any confidential data on electronic platforms. It may bring trouble.
The second important task to keep your wallet safe is never to use your wallet for suspicious sites by allowing to access them.
Many phishing sites have extra scripts embedded within websites that get access to the wallet and may harm your equity.
Beware: once you put your private keys inside an email address, it can never be erased on most email providers, even if you delete the email. That's because most providers keep logs about what their users do, and share some of them with government spy agencies. So it's easy for someone there using an email searching tool to find your key.
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them.
Good thing you are asking now before you actually misplaced them or loss them and begin to seek remedy. Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked. Is this actually the best way to store them or is there any other ways I can store or Keep them safe?
This means you should be careful with who you ask for advice and whose advice you take because everyone always has something to say and it does not always mean that they are right. When you are asking for advice, always ensure that you ask people who you are sure and qualified to answer you correctly and not just random people.
I think safe or not with your private key depending dapp exchange access from your wallet, how safety keep saving wallet and there are not any body know with your private key but little mistake approve accessing to scam exchange site will make assets loss. First you need to make priority wallet with your private key as holding assets only without active for trading in dapp exchange market.
Right now many kinds wallet hacked after approving access to third party from dapp exchange market and allowed for them know with our private key, use your wallet as saving or holding assets only without use for exchange transaction.
Right now many kinds wallet hacked after approving access to third party from dapp exchange market and allowed for them know with our private key, use your wallet as saving or holding assets only without use for exchange transaction.
I have wondered for long, if there is anyway to recover my private keys when they get lost or when I don't remember them.
You don't remember what? Fifty base58 characters, case sensitive? Are you mad? You should never memorize private keys. Hell, you shouldn't even look at them, there's no benefit and it adds a little risk to mess it up. No clouds, no mails, no private keys. Just generate a seed phrase on an airgapped device. Let me quote myself:
Steps to configure an air-gapped Bitcoin wallet only device.
You can see that Electrum comes pre-installed. The device will not connect in any network. It's also recommended to encrypt the electrum part of the USB (as shown in the Tails start screen), in case someone gains access to the USB.
- Close your curtains.
- Download Tails (a privacy and security focused Linux distro)
- Verify the binaries <- Important step, you need to ensure the integrity of the OS. Do it on a clean environment.
- Burn the OS image to a USB.
- Take the device and physically remove any Wi-Fi antennas (and obviously, Ethernet cables if any).
- Plug the USB to that device, and start up.
You can see that Electrum comes pre-installed. The device will not connect in any network. It's also recommended to encrypt the electrum part of the USB (as shown in the Tails start screen), in case someone gains access to the USB.
Do you mean a vault in a bank? I would say no to that because you are trusting a 3rd party with protecting your btc. You should only store your seeds or private key in something that you own and only have access too.
Personal or family vault, at home or somewhere secretly enough but you still can store your backups well without personal vaults.Quote
If you do not do that you could lose access from a rogue employee and they would not be able to prove who it was. I normal safe for most people the ones you can buy from amazon are good enough most of them have a certain level of protection against water damage and fires. I do not trust a bank more then I trust Google I distrust both of them the same. I think storing your private key in a notepad in your house is safer then a vault in a bank because at least you know that people have not seen it but that is not recommended unless you keep the notepad in a home safe too.
Obviously I don't store my backups at a vault in a bank. I don't store it at online accounts like Gmail, Dropbox, Google Drive as said.Trust ourselves, don't trust others to save our private keys. Similarly Reminder: do not keep your money in online accounts
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