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Topic: how do I keep my private key safe? (Read 711 times)

member
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Twenty One Million
March 06, 2023, 05:09:41 PM
#94
I just thought of something.

Order an old-school typewriter off of amazon. Now you can type up private keys and passwords right onto a piece of paper without internet.

The plus side is that it's super legible and uniform, which will make your life a whole lot easier.

The downside is that it's not on metal and can still get wet or burned.

You can always throw important paperwork in a ziplock baggie like I do, if you aren't at the stage where you need to back things up on metal yet.
hero member
Activity: 910
Merit: 677
March 06, 2023, 04:53:12 PM
#93
Previously I used Sheets and locked it to store some things I thought were important like private keys or seed phrases but long before I got to know this forum. I am now following some of the suggestions given by some experienced people here by copying them in a personal book that I hold. I think you should try the same thing because this is also quite important, especially for online storage, it's clear that the risk is quite large in hacking, because we won't know if someone is watching our movements and trying to enter the access we have.
hero member
Activity: 1106
Merit: 570
March 06, 2023, 04:23:01 PM
#92
I think one of the safest ways is to remember them by heart. But there is a risk that you will forget them. I think the optimal decision will be to memorize some words and write other ones down so that even if someone will see them, they won't know what words are lacking.

That's not the safest way as you can lose everything by just forgetting the entire private key or the ones you decided to memorized and this means you can access your coins anymore. Even though you think you have perfect memory, don't forget you can get into an accident anytime and who knows what that'll do your brain, it could damage it completely or you won't be able to remain somethings.

Writing down your private key on a piece of paper and keeping it in a safe in your house is what I'll consider the most easiest and secure method. Even though you get rob there's less chances that the robbers will know the value of what is written on the piece of paper in the safe. To be more secure, you can write them in separate papers and hide them in different locations.
hero member
Activity: 1036
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March 06, 2023, 02:29:35 PM
#91
I think one of the safest ways is to remember them by heart. But there is a risk that you will forget them. I think the optimal decision will be to memorize some words and write other ones down so that even if someone will see them, they won't know what words are lacking.
Encryption is best way to keep safe your private key like if you follow database data encryption system then you will see the general system is if you write a normal world (Bitcointalk) and if you encrypted this words then it will (cjuepjoubml) which is totally broken Words. It should be kept in such a way that no one but you can understand that word. Another problem is that when you die, your future generations will not understand.  In this case your stored bitcoins or other cryptos will become worthless as no one can use it.
yes if op store his private key in online then encryption model will be a good way to keep safe his private key. But op has to be very smart in this case.  And after encrypting your private key, he should remember it well. But on the other hand he can store his private keys on a pen drive or HDD.  Or write it on a paper note and hide it secretly.  In this way, the privacy of the private key can be protected. But in all cases there is some risk as it cannot be memorized.  It has to be stored somewhere and it may end up in someone else's control for some reason
It will become a big problem when a manually memorizes the encryption word because it is very normal to forget those. But it can be a solution that he will always use a certain format to keep all private keys safe by doing encryption.
In this case for solving this problem, It can be also a good solution for that person to use encryptions tools, there are lots of encryption-decryption tools available on the internet. I like this tool, here you can encrypt with a custom key, and also when decrypting, use that custom key or code to decrypt. - https://www.devglan.com/online-tools/text-encryption-decryption
legendary
Activity: 3010
Merit: 1280
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March 05, 2023, 02:38:50 PM
#90
I think one of the safest ways is to remember them by heart. But there is a risk that you will forget them. I think the optimal decision will be to memorize some words and write other ones down so that even if someone will see them, they won't know what words are lacking.

As you stated there is a risk to foget them, so it is one of the safest way to keep a private key.  In my opinion, that is one of the worst methods in terms of recovery if it happens that you forgot the seed phrases of your Bitcoin wallet.  And I think the most optimal dividing the private key and keep them in separate storage or file this way, your private key won't be exposed if one of the storage got breached.

i recomend paper wallet,Paper wallets involve printing out your private keys and storing them in a safe place, such as a bank vault or a fireproof safe. This method is free and doesn't require any technical expertise, but it does have some security risks, such as the possibility of the paper being lost, damaged, or stolen.

Also, better to laminate the paper wallet to prolong the ink duration. Protect the ink from fading because a blank paper wallet is no difference than losing a private key/seed phrases
sr. member
Activity: 1204
Merit: 253
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March 05, 2023, 02:01:57 PM
#89
i recomend paper wallet,Paper wallets involve printing out your private keys and storing them in a safe place, such as a bank vault or a fireproof safe. This method is free and doesn't require any technical expertise, but it does have some security risks, such as the possibility of the paper being lost, damaged, or stolen.
member
Activity: 362
Merit: 12
March 05, 2023, 11:24:16 AM
#88
I think you storing private keys in Gmail is not a good idea at all. You should use hardware wallets or you can save your private keys or phrase in offline by writing in a diary or in a paper. And don't store your private keys offline because it can be hacked anytime.
hero member
Activity: 1470
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Vave.com - Crypto Casino
March 05, 2023, 10:49:35 AM
#87
I think one of the safest ways is to remember them by heart. But there is a risk that you will forget them. I think the optimal decision will be to memorize some words and write other ones down so that even if someone will see them, they won't know what words are lacking.
Encryption is best way to keep safe your private key like if you follow database data encryption system then you will see the general system is if you write a normal world (Bitcointalk) and if you encrypted this words then it will (cjuepjoubml) which is totally broken Words. It should be kept in such a way that no one but you can understand that word. Another problem is that when you die, your future generations will not understand.  In this case your stored bitcoins or other cryptos will become worthless as no one can use it.
yes if op store his private key in online then encryption model will be a good way to keep safe his private key. But op has to be very smart in this case.  And after encrypting your private key, he should remember it well. But on the other hand he can store his private keys on a pen drive or HDD.  Or write it on a paper note and hide it secretly.  In this way, the privacy of the private key can be protected. But in all cases there is some risk as it cannot be memorized.  It has to be stored somewhere and it may end up in someone else's control for some reason
sr. member
Activity: 714
Merit: 253
March 05, 2023, 10:03:14 AM
#86
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?

You should know that everything in this world is relative, not absolute, that means there is no absolute safety method, but the storage on Gmail is really too risky. I don't know which method is most effective, but I'm saving all my seed phrases in the form of a diary and backing up them into many copies, stored in different places, and giving it to relatives.
full member
Activity: 1554
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Buzz App - Spin wheel, farm rewards
March 05, 2023, 09:53:20 AM
#85
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?
if you are negligent in saving your private key then you will regret it for life, you should save your private key on paper and keep it neat and secret so that other people don't know about it, don't save your private key on your cell phone or anything that can connect to the network is not secure can be hacked by others.
sr. member
Activity: 1400
Merit: 420
March 05, 2023, 06:54:37 AM
#84
I think one of the safest ways is to remember them by heart. But there is a risk that you will forget them. I think the optimal decision will be to memorize some words and write other ones down so that even if someone will see them, they won't know what words are lacking.
Encryption is best way to keep safe your private key like if you follow database data encryption system then you will see the general system is if you write a normal world (Bitcointalk) and if you encrypted this words then it will (cjuepjoubml) which is totally broken Words. It should be kept in such a way that no one but you can understand that word. Another problem is that when you die, your future generations will not understand.  In this case your stored bitcoins or other cryptos will become worthless as no one can use it.

Hardware wallet is the only safe storage for your crypto
Non Custodial wallet and hardware wallet is totally different things. Non Custodial wallet will provide you a provate key but hardware wallet is a physical device. Op ask for a way to safe private key. So praising hardware wallets is pointless here.
legendary
Activity: 2380
Merit: 5213
March 05, 2023, 06:52:52 AM
#83
You can also use paper to keep your private keys safe and Can protect as much as possible, you can write it down on a piece of paper in a diary and store it in different places,
In the case of writing your private key on a piece of paper, there's a big possibility that you miswrite it. Instead, you can generate a HD wallet and write your seed phrase.
The seed phrase consists of meaningful words and writing that is much easier than writing a private key.
hero member
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March 05, 2023, 06:35:00 AM
#82
Quote
No solution is 100% perfect, writing the phrase on a metal plate and then burying it in the back garden can also be lost due to natural disasters or earthquakes like what happened in Turkey.

You can also use paper to keep your private keys safe and Can protect as much as possible, you can write it down on a piece of paper in a diary and store it in different places, thus you can keep your private keys safe from hackers.  Rather, the best way is to write it on a piece of paper and keep it in different places so that even if it is lost in one place, it is available to you in another place.

Quote
Hardware wallet is the only safe storage for your crypto

Hardware is considered to be the most secure, but you can also protect your other Wallet, Rather, try to keep your soft Wallet offline and bring it online only when needed. And don't connect everywhere.Many people connect their soft Wallet everywhere and lose all their assets in the same temptation.
hero member
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March 05, 2023, 04:52:31 AM
#81
I think one of the safest ways is to remember them by heart. But there is a risk that you will forget them. I think the optimal decision will be to memorize some words and write other ones down so that even if someone will see them, they won't know what words are lacking.

Trust the mind to do that kind of job is a very risky thing and as one gets old the mind forget alot of thing so if it happens that you forgot just one of the words then you have lost your wallet.

Simply engraving them in a steel plate will definitely save from all this trouble of having to memorize secret phrases. At a point in time I was using some kind of a puzzle whereby I'll take the first six words and swap them with the last six words or just swap the two middle words so that even if it comes in contact with a scammer they won't be able to decipher the puzzle but later I found out the risk involved since I'm depending on my memory, what if I fail to remember the puzzle what then will I do? That was how I stopped using that puzzle method but we still have some that are using it up till now and have never faced any issue with it.
sr. member
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Merit: 268
March 05, 2023, 04:35:34 AM
#80
I think one of the safest ways is to remember them by heart. But there is a risk that you will forget them. I think the optimal decision will be to memorize some words and write other ones down so that even if someone will see them, they won't know what words are lacking.
hero member
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Vave.com - Crypto Casino
March 05, 2023, 04:03:05 AM
#79
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?

Don't store your private keys online, the risk of getting hacked is way too big. When it comes security we shouldn't trust the internet, better to store our private keys offline in a physical form. It depends a bit on where you live and how many people have access to your home. The easiest way would be to keep your private key on a piece of paper at home, preferably in a fireproof box where only you have the key. The problem is if you live with other people or have a lot of visitors at home, then I would advice against it. Let's say your parents have their own house with a garden, then the best way would be to write your key on a metal plate and dig a hole in the garden to hide it. Just make sure only you know where your key is hidden.

No solution is 100% perfect, writing the phrase on a metal plate and then burying it in the back garden can also be lost due to natural disasters or earthquakes like what happened in Turkey.

In my opinion, the best way is to split the original phrase into several parts and then store them on different online platforms. If we are hit by a hacker, we cannot get our seed phrases, and we can easily get them back at any time. Or we need multiple copies and give them to the people closest to us to hold onto.
sr. member
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March 05, 2023, 03:53:07 AM
#78
A person cannot remember whole informations as brain are not active for prolong time so saving method is easy but I think that you should not save your private information in desktop or mobile phone because they they easily be hacked by another person. If you want to save your private information then just take a paper and write all the information related to your economic system or any other private sector so in this way they cannot be hacked.

By saving your personal information in online form this mean that you are offering hackers to hack your data because these days hacking is very easy. My friend's wallets regularly hacked by hackers because he saved data in mobile or desktop.
hero member
Activity: 1974
Merit: 534
March 05, 2023, 03:39:28 AM
#77
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?

Don't store your private keys online, the risk of getting hacked is way too big. When it comes security we shouldn't trust the internet, better to store our private keys offline in a physical form. It depends a bit on where you live and how many people have access to your home. The easiest way would be to keep your private key on a piece of paper at home, preferably in a fireproof box where only you have the key. The problem is if you live with other people or have a lot of visitors at home, then I would advice against it. Let's say your parents have their own house with a garden, then the best way would be to write your key on a metal plate and dig a hole in the garden to hide it. Just make sure only you know where your key is hidden.
hero member
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March 05, 2023, 02:39:42 AM
#76
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?

If you want to store your privates key more safety that you do not want to compromise the security of your assets in any conditions. then i must say, writing them down and keeping somewhere safe is the only option that you have got. otherwise nothing is safe on digital world. no doubt how much you try not to fall prey to scam and phishing sites. But, knowledge and act of think before doing something or following someone's step. Is the main key to save your private keys. I hope you got my point.

You can read some of the following discussion to get better idea because same question has been dealt before

From the above list i must say, you should try to encrypt your private key on your own by using some encryption methods. like Caesar etc. but that is not recommended until you have intermediate knowledge of Data security and Encryption. You should read some books to get idea and to broad your knowledge circle.

legendary
Activity: 2380
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March 05, 2023, 02:28:32 AM
#75
Software wallets, such as Exodus or Electrum, can be more convenient to use but may not offer the same level of security as hardware wallets.
Electrum (if it is used as a cold wallet) can provide same security as a hardware wallet.
Exodus is a close-source wallet and there is no way to know how the keys are generated and whether the keys are stored on their server or not. You should avoid any close-source wallet.
sr. member
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March 05, 2023, 02:15:41 AM
#74
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?
Storing your private keys in an email account or any other online storage service can be risky, as these platforms may be vulnerable to hacks or security breaches. If your email account is compromised, your private keys could be accessed by an attacker, potentially leading to the loss of your funds.
A safer way to store your private keys is to use a hardware wallet or a software wallet that offers a recovery phrase
Hardware wallets, such as Trezor or Ledger, provide an added layer of security by storing your private keys offline and requiring physical confirmation to authorize transactions. Software wallets, such as Exodus or Electrum, can be more convenient to use but may not offer the same level of security as hardware wallets.
sr. member
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February 24, 2023, 01:19:02 AM
#73
No, storing them online is definitely not recommended. Instead, you can create a paper wallet (make sure to encrypt the private key), print it, and then hide it.

I agree.

Also OP can add up riddles, unique and hard ones that only he can figure so just in case someone accidentally found his keys on wherever he stores it, they will not think it is a private key and probably will just ignore it because they think it's just some kind of worthless piece of paper. Me, personally do the same thing but I don't use riddles, I made up my own tricks so that I can always make sure that my private keys are completely safe.
legendary
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February 24, 2023, 12:40:37 AM
#72
I would slap that person who suggested that, because email web access is definitely not even an option to secure your Private keys.

You should get a computer and printer that will never connect to the Internet again and then print your Private keys. (several copies) ... then you have to laminate them to protect them from the elements (water & heat) and then you have to hide them in two or three separate geographical locations.

This is crucial, because we saw what happened in Turkey with the earthquake .....almost all the structures were destroyed.  Roll Eyes

hero member
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February 23, 2023, 11:38:21 PM
#71
I remember before that it was okay to store your private key online since hacking was not that rampant, but now it is evolving. Anything where you store your private key online is not safe; it would be better to store it offline, where you can physically touch it. I've read somewhere here in the forum that he wrote it on a steel plate and stored it in a vault, and the other one is that he put it somewhere that can't be easily seen because sometimes if you put it on paper, it gets erased.
sr. member
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February 23, 2023, 11:33:36 PM
#70
The level of security that is necessary depends on the amount you intend to store. If it's a few hundred dollars then an encrypted software wallet should be enough. If you want to store thousands then you might want to invest in a hardware wallet or a cold storage solution.
sr. member
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February 23, 2023, 11:11:13 PM
#69
The private key has a function like a password that can be used to access the account that we have.  The private key will translate the information intended for us and sent to the Blockchain, so that we will get access to data or crypto funds.  Here are some tips from me that you can use: This time I will share tips so that the private key is safe even if it is lost.  Wink  Grin

 1. Save it to File.txt with a name that's easy to remember
 saving the Private Key to a txt file whose file name is easy to remember is much better than putting it in an arbitrary file.

 2. (Double File) That is, save the txt file earlier in the encoded rar file, then save it again in the password-coded rar file
 This is so that the txt file cannot be penetrated by anyone if the file falls into the hands of someone else.
legendary
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February 23, 2023, 07:38:38 PM
#68
There are a few options to safely store your private key or a seed phrase. Some people have mentioned hardware wallets, but these also require you to store the seed as backup.
Here's a few ideas:
Use a steel wallet. They don't cost much and are almost indestructible. You'll have to hide it well though, so it don't get stolen.
A paper wallet inside a waterproof metal container, so it doesn't get damaged easily.
Use an encrypted file, stored on a thumb drive. Pretty easy to make and to store.
A text file renamed as something else, like a .dll file. Easy to make, easy to hide on your computer.

I've used an offline hard drive to store all my backups. It contains all my pictures from the last 20 years, all my important files, wallet backups, seed phrases, all in hidden files. The drive is never online, when I forget something I turn on an offline PC that I use to access the information. If I ever need to move coins stored on that computer, I'll copy a wallet file onto a thumb drive and move it to my online electrum wallet.  
hero member
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Watch&Pray.
February 23, 2023, 07:32:56 PM
#67
Good question op despite that the question have been asked several times here and I believe good answers have been given too.

Just to add to what other members have said, just as the name implies,it is your private keys meaning your privacy, you are the only one that has the permission to have access to so storing it should be in a secret and secured place that can not easily be wiped nor forgotten by you. The most appropriate way for me is writing them down in a metallic plate and keeping them safe where only you can have access to it.
hero member
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February 23, 2023, 07:27:47 PM
#66
I think two ways to keep your private key and/or seed phrase - to write it on paper and keep it somewhere safe, and to keep a screenshot somewhere deep in your PC and not upload it anywhere, that way you'll keep it in 2 places and if one will be lost you'll be able to recover it.

Saving your private key in your system makes it prone to malwares and since you'll constantly be using the system to access the internet that even makes is more unsafe, while for the paper it's actually better than the keeping but still the paper could get destroyed by fluid or perhaps you could laminate the paper to make it more water proof that way you can increase the safety of your key.

But still I'll love to go with the one I suggested early that is writing the private key on a steel plate and keeping it in a safe location a place no body will ever think of searching.
legendary
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February 23, 2023, 06:55:44 PM
#65
You should under no circumstances store your private key inside your email or any online service. This is probably a more vulnerable approach than just using an online wallet or keeping the coins in a desktop client like electrum.

If you want to store private keys or seed phrases, write them down or print them off and store them in a safe place. Or if you prefer digital storage, encrypt a USB storage device or two with strong passwords that you will remember, store your private keys/seeds on their in encrypted text documents and keep those devices in safe places. This is probably the most ideal and practical solution.
How about the private key being backed by the Google account that use separate password to view the private key. I saw this feature avialed on trust wallet. We were asked to which the wallet private key needs to be backed, manually or to Google. In which we get access to our Google account and there we were requested to create a separate password. Does this serves to be secure.

Why store your private keys or information with a service like Google who are known to harvest data and overall betray the user as a service, when instead you can be in complete control of your keys/seeds with the peace of mind of physical control, no online exposure and encryption?

I am heavily biased against Google and big tech, though this aside I believe that storing any information with google (let alone your private keys or seeds) is unwise at the very least and unsafe otherwise, no matter how you go about it.

then that way no one will be safe as long as they still store private keys or whatever in services like google and other online storage. We don't know what they do with the data we upload, but in that way the best way is to save it offline with the device we have such as a flash drive, writing on a steel plate or another way that has full access without any third parties. But risks will also occur such as loss, damage and the like.
and what becomes dangerous is the internet, because the internet will connect all devices easily. When you store the private key on a device that is not connected to the internet at all, it's even better. no one will be able to hack the device, and the possibility of being attacked by malware also will not exist, unless you connect the device to several devices that have previously been infected with malware.
legendary
Activity: 1666
Merit: 1037
February 23, 2023, 05:52:11 PM
#64
You should under no circumstances store your private key inside your email or any online service. This is probably a more vulnerable approach than just using an online wallet or keeping the coins in a desktop client like electrum.

If you want to store private keys or seed phrases, write them down or print them off and store them in a safe place. Or if you prefer digital storage, encrypt a USB storage device or two with strong passwords that you will remember, store your private keys/seeds on their in encrypted text documents and keep those devices in safe places. This is probably the most ideal and practical solution.
How about the private key being backed by the Google account that use separate password to view the private key. I saw this feature avialed on trust wallet. We were asked to which the wallet private key needs to be backed, manually or to Google. In which we get access to our Google account and there we were requested to create a separate password. Does this serves to be secure.

Why store your private keys or information with a service like Google who are known to harvest data and overall betray the user as a service, when instead you can be in complete control of your keys/seeds with the peace of mind of physical control, no online exposure and encryption?

I am heavily biased against Google and big tech, though this aside I believe that storing any information with google (let alone your private keys or seeds) is unwise at the very least and unsafe otherwise, no matter how you go about it.
legendary
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February 23, 2023, 05:47:56 PM
#63
You should under no circumstances store your private key inside your email or any online service. This is probably a more vulnerable approach than just using an online wallet or keeping the coins in a desktop client like electrum.

If you want to store private keys or seed phrases, write them down or print them off and store them in a safe place. Or if you prefer digital storage, encrypt a USB storage device or two with strong passwords that you will remember, store your private keys/seeds on their in encrypted text documents and keep those devices in safe places. This is probably the most ideal and practical solution.
How about the private key being backed by the Google account that use separate password to view the private key. I saw this feature avialed on trust wallet. We were asked to which the wallet private key needs to be backed, manually or to Google. In which we get access to our Google account and there we were requested to create a separate password. Does this serves to be secure.
hero member
Activity: 2730
Merit: 632
February 23, 2023, 05:42:16 PM
#62
You should under no circumstances store your private key inside your email or any online service. This is probably a more vulnerable approach than just using an online wallet or keeping the coins in a desktop client like electrum.

If you want to store private keys or seed phrases, write them down or print them off and store them in a safe place. Or if you prefer digital storage, encrypt a USB storage device or two with strong passwords that you will remember, store your private keys/seeds on their in encrypted text documents and keep those devices in safe places. This is probably the most ideal and practical solution.
This is right!

You should never store up your seeds or private key on any digital manner or aspect on which it is really that prone to hacking and been seen by other people if ever there would really be having the opportunity to access.This is why it is really just that right you should really be that dead serious when it comes to storing up your seed that you are the only one who do really knows.
This is why you should avoid on storing it even on your own pc because you cant be sure about 100% safety of your funds since it could be possibly malwared and infected.
Lots of situations similar to this and its better to be prepared than on regretting for the rest of your life.
legendary
Activity: 1666
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February 23, 2023, 05:14:06 PM
#61
You should under no circumstances store your private key inside your email or any online service. This is probably a more vulnerable approach than just using an online wallet or keeping the coins in a desktop client like electrum.

If you want to store private keys or seed phrases, write them down or print them off and store them in a safe place. Or if you prefer digital storage, encrypt a USB storage device or two with strong passwords that you will remember, store your private keys/seeds on their in encrypted text documents and keep those devices in safe places. This is probably the most ideal and practical solution.
newbie
Activity: 11
Merit: 1
February 23, 2023, 04:53:02 PM
#60


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.

  • 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.

Agreed.  I love using TAILS and electrum. A little complicated to set up, but extremely worth it to keep your privacy and bitcoin secure.
legendary
Activity: 2310
Merit: 1848
February 23, 2023, 04:37:06 PM
#59
I see 2 problems with that though. Somebody has to tattoo you, so that person will know your seed. You'd have to either do it yourself, or trust someone.
The second problem is that even if it's on a covered part of your body, you'll expose it at some situations, for instance when sleeping with someone. Say it's your girlfriend and she writes it down while you're asleep and keeps it just in case you happen to break up with her, at which point she leaves with your money. Cheesy
Ok ok, then plan a crazy combination of words or different characters for the words. In another language, for example Thai, Bulgarian or Russian. Or use numbers in the alphabet for single words. But carrying your seed with you everywhere is something special and maybe not so bad. I don't have it and I don't have a tattoo. In a fireproof safe as a steelwallet is maybe better, it's not betwenn of you when you and your girlfriend sleep or not.
legendary
Activity: 1890
Merit: 1537
February 23, 2023, 04:30:33 PM
#58
Not a bad idea if you're already planning a tattoo. You could put the seeds somewhere within the image so that only you know how it works.
I see 2 problems with that though. Somebody has to tattoo you, so that person will know your seed. You'd have to either do it yourself, or trust someone.
The second problem is that even if it's on a covered part of your body, you'll expose it at some situations, for instance when sleeping with someone. Say it's your girlfriend and she writes it down while you're asleep and keeps it just in case you happen to break up with her, at which point she leaves with your money. Cheesy
Not a bad idea, but a funny one, so how does someone inscribe their seed of 12-24 words into their body tattoo? Perhaps people from the stone age who did not recognize the invention of paper or notebooks do this  Grin

I write everything down in a paper notebook and keep it in my iron safe. As for the private key, I put it on a USB flash and when I open the wallet, I put this USB on an empty computer and not my main computer. The idea of keeping the private key or the seed in a computer or phone connected to the Internet and crowded with programs and applications is a really bad idea, perhaps these devices may be infected, and the scammer can easily steal wallet information.
legendary
Activity: 2814
Merit: 1192
February 23, 2023, 03:49:25 PM
#57
A hardware wallet to create a seed and transfer the coins. The seed on a fireproof steelewallet in a fireproof safe and the combination by keycode in a very hidden place. That's i think a good plan. Or in a safe in a bank, but that's kind of weird when i hear: Be your own Bank. How about a tattoo? You can hide the seed in art, or tattoo not all the words and the rest keep in mind.


Not a bad idea if you're already planning a tattoo. You could put the seeds somewhere within the image so that only you know how it works.
I see 2 problems with that though. Somebody has to tattoo you, so that person will know your seed. You'd have to either do it yourself, or trust someone.
The second problem is that even if it's on a covered part of your body, you'll expose it at some situations, for instance when sleeping with someone. Say it's your girlfriend and she writes it down while you're asleep and keeps it just in case you happen to break up with her, at which point she leaves with your money. Cheesy
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
February 23, 2023, 03:10:33 PM
#56
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?

Storing your private key online is not advisable and considered a risky method because of the possibility that your gmail might get compromised or hacked.  You can refer to this article [1] to know how to keep your private key safe.

It is advised to buy hardware wallets such as ledger and alike to keep your Bitcoin and private key safe.  Others advise creating a paper wallet and placing it in a place that is fire and waterproof.  Some of the members here even advise engraving your private key to a metallic object since it doesn't fade like the ink of a paper wallet.




[1] https://www.investopedia.com/news/bitcoin-safe-storage-cold-wallet/#:~:text=Users%20can%20lose%20bitcoin%20and,still%20convenient%20for%20some%20users.
legendary
Activity: 2310
Merit: 1848
February 23, 2023, 02:22:11 PM
#55
A hardware wallet to create a seed and transfer the coins. The seed on a fireproof steelewallet in a fireproof safe and the combination by keycode in a very hidden place. That's i think a good plan. Or in a safe in a bank, but that's kind of weird when i hear: Be your own Bank. How about a tattoo? You can hide the seed in art, or tattoo not all the words and the rest keep in mind.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 23, 2023, 01:31:31 PM
#54
...

The best way is using stainless steel plate where it's immunable against fire, corrosion, etc. It will be good if you teach your kids or someone you love about Bitcoin and tell where you leave your seed phrase.

This is also not the best way, with an earthquake like the one in Turkey recently, or a natural disaster that will wash away all your possessions, stainless steel plates will not be able to help you keep the property. Every solution has its pros and cons, no solution is absolutely safe, and everything has its risks. We need to be flexible on a case-by-case basis to use the most appropriate method. And the method of sharing with relatives is also the method that I am applying today.

Yes, I agree. There is exactly no possible solution about where or what is the safest way to secure our private keys as every way has its own pros and cons. But currently, I'm just storing it in a booklet where only me do knows where to find it and if ever someone can find their way to see it, they won't understand as I have created a way to hide it in plain sight. All you can see is a gibberish words scattered through pages that only me knows. And the other one (copy) is located in an isolated flash drive.
hero member
Activity: 504
Merit: 625
Pizza Maker 2023 | Bitcoinbeer.events
February 23, 2023, 12:38:10 PM
#53
[
I currently store my seed phrases in 2 USBs and 3 written copies. I also share with my wife and children, but I am always insecure because incidents like natural disasters and fires can still make them disappear. I really like your idea, it's pretty cool, we can split them up and store them in different online services. This way, we can both be safe from attacks and easily accessible when needed.
I also thought of the option, we can swap the positions of the words in the original phrase, that also ensures in case if hackers get it, they won't be able to access our wallet.

I believe that the two USB keys are only safe enough if they are stored in two different locations, hundreds of kilometers apart. This is because if they are in close proximity and something happens, they could both be destroyed or lost. On the other hand, storing data separately in the cloud provides enough sense of security, as compromising multiple services would be necessary and the exact sequence would also need to be known. To further increase security, a seed word can be added as an additional layer of protection, which you will need to memorize (choosing the position number) and then delete it from the list.
sr. member
Activity: 1400
Merit: 420
February 23, 2023, 11:05:01 AM
#52
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.
In all cases, there is a risk. If you keep it online, you are afraid of being hacked, and if you keep it offline, you are afraid of theft or vandalism. So which approach do you take?  Want to keep both online and offline?  Then the risk will increase in this case. You are by no means completely safe

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 currently store my seed phrases in 2 USBs and 3 written copies. I also share with my wife and children, but I am always insecure because incidents like natural disasters and fires can still make them disappear. I really like your idea, it's pretty cool, we can split them up and store them in different online services. This way, we can both be safe from attacks and easily accessible when needed.
I also thought of the option, we can swap the positions of the words in the original phrase, that also ensures in case if hackers get it, they won't be able to access our wallet.
your strategy is not too bad you can carry on. Hope your wife and son keep your seed phrases safe and you keep your 2 USBs carefully so they don't get lost.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
February 23, 2023, 10:45:59 AM
#51
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?
This is the nuance with cryptocurrencies, that without private keys you cease to be the owner of crypto, therefore, in order not to forget or lose them, you should make backups. Of course, in a safe place, and not in the gmail. You correctly noted that mail can be hacked, like any online service, and employees of these same online services can also get access. Therefore, private keys can only be stored offline. Check out this thread - https://bitcointalksearch.org/topic/securing-your-seed-phrase-with-washers-5389446. You can get a lot of ideas about key storage here.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
February 23, 2023, 10:41:28 AM
#50
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?
There is no way to get your private key back once it has been lost, and saving it online is one of the worst decisions you can make. People have had their assets stolen simply because they were hacked, so keeping it offline is best. If you can, store it at the bank, this will help. What I'm trying to say is that you should do everything in your power to keep your private key offline and secure.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
February 23, 2023, 09:37:52 AM
#49
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 currently store my seed phrases in 2 USBs and 3 written copies. I also share with my wife and children, but I am always insecure because incidents like natural disasters and fires can still make them disappear. I really like your idea, it's pretty cool, we can split them up and store them in different online services. This way, we can both be safe from attacks and easily accessible when needed.
I also thought of the option, we can swap the positions of the words in the original phrase, that also ensures in case if hackers get it, they won't be able to access our wallet.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
February 23, 2023, 06:29:00 AM
#48
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?
It's always a bad idea to store your credentials in cloud especially in cloud services such as Google Drive, Dropbox etc. There are numerous reports suddenly the user get hacked and the data is stolen either from the user's fault or any third parties out there. Would recommend to print your private key and buy safe box, it's just $30+ and you can put anything there easy and secure and also put it in secure place as well.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
February 23, 2023, 06:13:30 AM
#47
I don't think Gmail is safe because email addresses to often get hacked and because a letter can disappear, get deleted or lost in the flow of others. I use encrypted messenger apps for that, but I know that it's not considered a safe option. It's just that I also realize that if I write it down somewhere, I'll probably forget where I put that piece of paper, I might accidentally leave it unattended while moving from one place to another, and I might not find it in my own flat. Memorizing is certainly not for me, as I'm very likely to forget the passphrase at some point. I consider the risk of such situations to be higher than someone getting access to my private messages in an app and finding the correct message there to hack me. Everyone should do their own thing and realize the risks of each solution. I'm thinking of moving offline with the seed phrase, but I haven't figured out a way that will work for me and minimize the risk of locking myself out due to forgetting where I put it.
sr. member
Activity: 686
Merit: 403
February 23, 2023, 05:57:30 AM
#46
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?
Gmail accounts are easier to hack than writing down your wallet keys somewhere offline, for the fact that Gmail works online 24/7, makes it a very bad place to keep important private keys and recovery seeds, if you are still thinking of doing such, erase the idea off your mind, if you can't afford to buy a hardware wallet then download Electrum wallet and write down your recovery phrase in a book, scared that books might get burnt or damage? Carve the words on steel, like stainless steel.
hero member
Activity: 854
Merit: 663
February 23, 2023, 04:37:42 AM
#45
I think two ways to keep your private key and/or seed phrase - to write it on paper and keep it somewhere safe, and to keep a screenshot somewhere deep in your PC and not upload it anywhere, that way you'll keep it in 2 places and if one will be lost you'll be able to recover it.
Even you didn't upload it anywhere there's a chance your PC would be compromised if you use it as your daily driver. Too much security risk from internet connection, connect using USB stick or other device, clicking random links and have very low security etc. If you want to protect the folder or the file with password, the hacker can have a way to crack it. But you must make sure your PC never get touched by any person including the maintenance worker, because they might copied all of your files.
newbie
Activity: 9
Merit: 0
February 23, 2023, 04:11:39 AM
#44
There is no such place where keeping your wallet private key will be completely safe and secure. Because, where you are afraid of Gmail being hacked after putting your private keys in Gmail. Just like that if I say that keep the private keys of your wallet in a secret place on the mobile. Then you must think that if the mobile is lost?
Then your private key ones will be lost. These words are true in real life as well.
If I tell you that you should write down your private keys in real life somewhere safe.
And if you think that later you forget about the place?Even then you lost your private key ones from there too.
So by no means get that much protection where you can be sure.
If you want to keep private key in place, keep the place safe.
You must save your mobile to prevent your mobile from being lost.
 If you write somewhere in real life, you must remember that place.
newbie
Activity: 93
Merit: 0
February 23, 2023, 03:30:05 AM
#43
I think two ways to keep your private key and/or seed phrase - to write it on paper and keep it somewhere safe, and to keep a screenshot somewhere deep in your PC and not upload it anywhere, that way you'll keep it in 2 places and if one will be lost you'll be able to recover it.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
February 23, 2023, 02:41:19 AM
#42
This is also not the best way, with an earthquake like the one in Turkey recently, or a natural disaster that will wash away all your possessions, stainless steel plates will not be able to help you keep the property. Every solution has its pros and cons, no solution is absolutely safe, and everything has its risks. We need to be flexible on a case-by-case basis to use the most appropriate method. And the method of sharing with relatives is also the method that I am applying today.
Storing all in all begs, all backups at one place, use only one format are very bad.

The extreme earthquake in Turkey, Beirut port explosion in Syria are good examples that if you have Bitcoin, you should diversifying how you store your bitcoin and your wallet backups.

Applying the same for your exchange account passwords, 2FA backups.

2020 Beirut explosion
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
February 23, 2023, 02:31:50 AM
#41
...

The best way is using stainless steel plate where it's immunable against fire, corrosion, etc. It will be good if you teach your kids or someone you love about Bitcoin and tell where you leave your seed phrase.

This is also not the best way, with an earthquake like the one in Turkey recently, or a natural disaster that will wash away all your possessions, stainless steel plates will not be able to help you keep the property. Every solution has its pros and cons, no solution is absolutely safe, and everything has its risks. We need to be flexible on a case-by-case basis to use the most appropriate method. And the method of sharing with relatives is also the method that I am applying today.
legendary
Activity: 2380
Merit: 5213
February 23, 2023, 01:31:13 AM
#40
I think Gmail is also safe for keeping your secret needs for a future because I have seen many people who have been in that method and up to date nothing has happened to their Gmail or anyone got their secret stuff even when they sold their phones, that makes me feel that Gmail is also safe to keeps your secret stuffs.
You should never trust centralized services with your sensitive data.
Just because you haven't ever heard of anyone having security issue with gmail doesn't mean you can keep your sensitive data on gmail safely. As I already said, any centralized service is prone to hacking.
sr. member
Activity: 714
Merit: 347
February 23, 2023, 01:17:10 AM
#39
As already mentioned by OmegaStarScream, it's a very bad idea to keep your private keys online. Any centralized service and any online device is prone to hacking.
You should keep your private keys offline, on a piece of paper or even better on a metal sheet.


You speak well, mate, every online device has to be hacked, but you see a sheet of paper will never be hacked because he is not a device or any other online stuff and that can only be a secret by yourself, another way, I think Gmail is also safe for keeping your secret needs for a future because I have seen many people who have been in that method and up to date nothing has happened to their Gmail or anyone got their secret stuff even when they sold their phones, that makes me feel that Gmail is also safe to keeps your secret stuffs.
hero member
Activity: 952
Merit: 662
February 23, 2023, 12:04:52 AM
#38
There isn't one solution that's safe for every situation. It is not possible.

Let's say you memorized your seed words... your brain can always go dumb and then boom you are poor.
Let's say you wrote them on a piece of paper. That piece of paper might get burned, might get lost... Your dog could eat it.
It's not only become dumb, when you get older, there's no guarantee your brain is always good as before since brain injury could happen to every people, just like this thread Bitcoiners with Alzheimer's. How do you work it out?.

I don't think dog will eat your paper lol, but most likely bugs e.g. booklice, termites etc will eat it. There's also a chance you the ink will be blurry or your writing isn't really clear, it might make you mistakenly missing for few words.

The best way is using stainless steel plate where it's immunable against fire, corrosion, etc. It will be good if you teach your kids or someone you love about Bitcoin and tell where you leave your seed phrase.
sr. member
Activity: 1316
Merit: 356
February 22, 2023, 11:38:23 PM
#37
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?
If you forget your private key, there is no way to get your wallet back. The only thing you need to open your wallet and keep it secure is your private key. Although many people use Gmail to maintain their accounts, we really don't advise it for cryptocurrency because anyone may still access your account if they want. If you hold tokens, I advise using MyEtherWallet; however, if you hold bitcoin, I advise Electrum because I haven't had any problems losing money with it.
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
February 22, 2023, 11:24:47 PM
#36
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?

If you love your hard earned money, then it’s better to avoid storing it online. It doesn’t matter whether you save it in a chat or gmail. The risk of getting it leaked or hacked will increase if you store it online. The best way to store the private keys is to write it down in a piece of paper, and lock it down safely where you can get access to it. And if you forget or misplace it somewhere, then my friend, there is no way of recovering back the wallet. So it’s better to occasionally check it, where you stored your private key.
legendary
Activity: 3276
Merit: 2442
February 22, 2023, 11:08:08 PM
#35
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?

Depends.

There isn't one solution that's safe for every situation. It is not possible.

Let's say you memorized your seed words... your brain can always go dumb and then boom you are poor.
Let's say you wrote them on a piece of paper. That piece of paper might get burned, might get lost... Your dog could eat it.
Let's say you kept it inside an USB stick. That stick might get broken.
What if you keep it in your PC? Could get hacked.
What if you keep it in a bank safe? lol (don't do this)
...

What if I do all of these?

Then you will have lots of targets which could be attacked.

In my own experience, you should do 2 of these. (except for the bank safe thing) One of them should be your main preparation and the other one should be a backup.
hero member
Activity: 1750
Merit: 589
February 22, 2023, 03:00:46 PM
#34
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.
hero member
Activity: 2968
Merit: 687
February 22, 2023, 02:55:57 PM
#33
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.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
February 22, 2023, 02:40:06 PM
#32
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.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
February 22, 2023, 02:26:54 PM
#31
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.
hero member
Activity: 658
Merit: 545
February 22, 2023, 02:22:54 PM
#30
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.
sr. member
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February 22, 2023, 01:25:35 PM
#29
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.
hero member
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February 22, 2023, 01:17:41 PM
#28
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.
sr. member
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February 22, 2023, 12:41:12 PM
#27
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.
hero member
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Nothing lasts forever
February 22, 2023, 11:35:41 AM
#26
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  Grin 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...
hero member
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February 22, 2023, 11:33:27 AM
#25
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.
legendary
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Farewell, Leo
February 22, 2023, 11:06:39 AM
#24
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.
legendary
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February 22, 2023, 10:56:24 AM
#23
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.




sr. member
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February 22, 2023, 10:52:52 AM
#22
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.
hero member
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February 22, 2023, 10:50:12 AM
#21
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.
hero member
Activity: 1568
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February 22, 2023, 10:43:49 AM
#20
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.
legendary
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bitcoincleanup.com / bitmixlist.org
February 22, 2023, 10:35:35 AM
#19
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.
sr. member
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February 22, 2023, 10:04:19 AM
#18
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.
sr. member
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February 22, 2023, 09:20:39 AM
#17
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.
legendary
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Farewell, Leo
February 22, 2023, 09:10:48 AM
#16
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.

  • 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.
legendary
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Farewell o_e_l_e_o
February 22, 2023, 08:58:11 AM
#15
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
sr. member
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February 22, 2023, 08:56:41 AM
#14
I suggest never store your private key online as it can be hacked including in Gmail and others online, and if your private key is lost or hacked then you will never get it back and your ownership will be lost.
you should save your private key using paper that is very safe from anything and put it under your bed or anywhere and make sure only you can find it, it's better not to ask friends for advice to save your private key. Because there is a possibility that your own friends will steal or hack, especially if your friends know the nominal, and prevention is better than cure.
legendary
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February 22, 2023, 08:52:38 AM
#13
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?
Storing your sensitive information online is one of worst ways not one of best ways.

Do you believe that Google will keep your data safely and respect your privacy too?

Store your private key offline by paper, steel sheet, vault is better. Vault is good to protect your backups from water, fire and common physical damages.
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. 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.
hero member
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February 22, 2023, 08:39:54 AM
#12
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?

If it's possible to avoid using any app that uses internet connection and since Gmail uses the internet then it's not advisable to use it and that friend of your that gave you that idea probably hasn't seen anyone that has been hacked before or maybe they're just trying to play dumb by avoid all red flag and still continue using it to save their private key.
It's better to save it offline and one of the way of doing that is by using a nail or any sharp objects capable of scratching a steel plate, write your secret phrase or private key on the steel plate and then keep it in a place where you know that no one will ever think of looking at. By using steel plate you have successfully avoided the risk of your private key getting destroyed by fluid and also getting erased easily unlike those written on a piece of paper which are prone to water and been erased.
legendary
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Farewell o_e_l_e_o
February 22, 2023, 08:32:25 AM
#11
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?
Storing your sensitive information online is one of worst ways not one of best ways.

Do you believe that Google will keep your data safely and respect your privacy too?

Store your private key offline by paper, steel sheet, vault is better. Vault is good to protect your backups from water, fire and common physical damages.

Metal Bitcoin seed storage reviews
sr. member
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February 22, 2023, 08:29:08 AM
#10
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?

There are two ways for you that you can adopt. Passwords are very secretive which if disclosed can lead to loss of valuables including assets.

1. First you can write down the secret password on a piece of paper.  It can be diary, notebook etc. Keep it written down on paper near you. The outsider should not find it.
2. If so, you can remember short passwords yourself. Remember passwords that are never hacked and are the most secure that you have written down.
hero member
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February 22, 2023, 08:22:32 AM
#9
It's not a good suggestion from your friends keep the private key in gmail mail however it is high risk with hacking of the gmail, so if you keep the key private then it's not a good guarantee unless you save it offline or save it in a different book kept in a safe place.

I don't save online for the seed phrases and all of it is put on a piece of paper which I carefully guard when storing it as well so this will be a secret place where I keep this item with the seed phrase written on it.

I hope you don't really believe your friend's suggestion to save online, but here is anyway the best advice for you to keep your private key safe.
legendary
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February 22, 2023, 08:18:58 AM
#8
Do not try to remember your private key you are going to forget it eventually. I recommend writing your private key and seed on paper and storing that safely. Do not make a copy of them on a digital device because digital devices can fail and you might lose the back up. If your device is connected to the internet then it can be stolen. Only physical back ups and do make sure they are stored in a safe location.

Protect against natural disasters as well as thieves. If you need to access your btc regularly I recommend using a hardware wallet because they stop certain hacks and keep your btc safer then a normal btc wallet connected to the internet.
legendary
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February 22, 2023, 08:01:53 AM
#7
Online backup like Gmail, iCloud, Google cloud, online password managers and many others that are online are not recommendable or advisable at all. It is no more new that someone will bring such issue up on a platform that his seed phrase has been known and his wallet compromised all because his seed phrase is online. Avoid anything that has to do with online for seed phrase and password backup.

There is nothing as easy as two or three backups on a paper. If you want something more resistant to water and fire, you can go for stainless steel instead. There are many metallic backup option you can go for, stainless steel is the strongest among all.

This is not updated, but maybe useful, or do more research on it: Store your bitcoin seed / private key safely (Water, Fire, Shock-proof)
legendary
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February 22, 2023, 07:53:53 AM
#6
Someone advised me to use Gmail and store them as mails then I taught again, what if my Gmail gets hacked.
I suggest you stop listening to their advice in the future. Even if you are not trying to store your private key/seed phrase, using online storage to store sensitive data is never a good idea. Have you never heard of how many people lose their account/money because they save their password on their Evernote, Google Keep, e-mail, etc?

Personally, I store my seed phrase offline with encryption that only I know of, in a very secure location, and regularly check them out to see if anything is broken. Definitely not the best way but it is good enough for now, and I'll try to improve it in the future. I can't really protect myself from memory loss, so what I can do about that is just try to live as healthily as possible. Relying on our memory to remember the seed phrase is not a good idea anyway, just make sure to remember that you have some crypto and seed stored somewhere. CMIIW.

You should search around this board to find out how to protect your private key better. There are tons of threads talking about it other than what has been mentioned above.
legendary
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February 22, 2023, 07:39:48 AM
#5
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?

There is no way to recover if you forget or lose your private key, which is also one of the downsides of being our own bank but still safer than handing over your assets to a 3rd party.

Gmail or other online storage services are very vulnerable to attacks, so absolutely do not host on online services, they are not reliable. The way I protect my private keys is to write them down in different copies and keep them in different places, and I give one copy to my wife. No method is absolutely safe, we can only use solutions that in our opinion are as secure as possible.
hero member
Activity: 812
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February 22, 2023, 07:26:15 AM
#4
Here is a recommendation for you using washers, it's how to secure your seed phrase https://bitcointalksearch.org/topic/securing-your-seed-phrase-with-washers-5389446 try go through the thread and get some important tips that could help you secure your keys safely, but i will add it as an additional caution for you not to use the centralized storage networks in handling them for you, your wallet keys must be far away from the reach of any third party be it in person, organization or online storage.
legendary
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February 22, 2023, 07:14:24 AM
#3
As already mentioned by OmegaStarScream, it's a very bad idea to keep your private keys online. Any centralized service and any online device is prone to hacking.
You should keep your private keys offline, on a piece of paper or even better on a metal sheet.

And you may want to consider creating a HD wallet with a seed phrase (a series of 12-24 words). In this way, you can have numerous addresses all generated from a seed phrase.
Unlike a private key, a seed phrase can be written down on a piece of paper easily.
staff
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February 22, 2023, 07:05:41 AM
#2
No, storing them online is definitely not recommended. Instead, you can create a paper wallet (make sure to encrypt the private key), print it, and then hide it.
jr. member
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February 22, 2023, 07:02:32 AM
#1
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?
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