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Topic: How do you protect your digital coins? - page 5. (Read 1943 times)

member
Activity: 630
Merit: 10
It seems to me that in the first place it is impossible to use the main wallet, where you keep all your funds, for some transactions in the network.  I use other wallets as intermediaries and who have a minimum interest rate to reduce costs.  Perhaps this is a waste of money, but I believe that this is the cost of the security of my funds.
member
Activity: 630
Merit: 14
It seems to me that the user can protect his funds primarily due to his carelessness and caution, because in most cases theft of excess funds occurs due to the fact that the user has visited phishing sites or lost his personal data or secret keys in other ways.  It is necessary to adhere to the elementary rules of security in the network and then you can count on more or less normal security in your funds.
member
Activity: 233
Merit: 10
there may be many ways to protect digital assets in our respective wallets, and indeed our friend's words with 2Fa and email verification are a very good way ... by connecting to a telephone number that is not connected to the internet, because when the cellphone number there is no internet connection on your mobile device, maybe people will find it difficult to access phone numbers when there is no internet network, and that I always use in storing my digital assets..
full member
Activity: 358
Merit: 100
Honestly if you just want to hodl just put your assets on your phone that you never use, if you don't have one buy the cheap one or you can buy hardware wallet. don't always connect to the internet or don't connect to the internet at all unless you want to sell it. and when you sell it just make sure its not phising site and you would be good, also don't forget the back up.
jr. member
Activity: 532
Merit: 2
I'm going to buy myself a cold wallet, and I haven't been able to afford it for a year. this is the best protection against all types of hacker attacks, you can sleep peacefully and not worry about your wallets
hero member
Activity: 1904
Merit: 510
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?


there is a lot of discussion about this. I think you can search for existing posts. and read or learn from various comments from members here.
I think there is a lot here that you can get from experience, knowledge and even to keep from being stolen from hackers or the like. explore each board that you can visit
this is just my advice
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
Actually saving bitcoin in an online wallet is safe as long as you don't access your wallet secure network and avoid phishing websites. Using the safest and most trusted online wallet such Blockchain. It will protect your assets safely without getting hacked. But if you have a lot of Bitcoin it's better to save it in cold or hardware wallets.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
I am trading then i don't keep my coin in cloud wallet. if i am planning to hold that coin for long time then i hold that coin in hardware wallet.Another thing is don't hold all of your coin in one wallet. keep them in different wallets.
jr. member
Activity: 420
Merit: 1
After the scammers have stolen MEW tokens from me, I keep all the cryptocurrency on a cold wallet!
Unfortunately, life has taught me .........
sr. member
Activity: 625
Merit: 258
You can protect your digital coins by keeping them safe in some place where no unknown user will be able to get from you.
Such as Trezor, online wallets with 2fa or any other kind of defensive system and backup.
You can also exchange them immediatly to fiat in case you dont want the exchanges to keep them.
hero member
Activity: 1484
Merit: 535
The protection of your crypto coins or digital money solely depends on how well you knowledge and understand the  various ways and options in keeping your  wallet safe. The only way a hacker or scammer can get hold of your coins if they have access to your private keys or the seeds and passwords.  To keep your coins safe, you shouldn't login or sign up to any website which looks suspicious or not legit. You should always check every website you open or sign up on. Hackers mostly use fishing sites to obtain private keys of most people in the crypto space...
full member
Activity: 1092
Merit: 117
Although there good wallets like the Ledger Nano S and other hard ware wallets with good security, the best way to protect cryptocurrencies is for the holder to meticulous handle the wallet and its login details. This can be achieved through the safe keeping of the details and avoid keeping login details in emails because they can be easily hacked. Also, avoid visiting unfamiliar sites or links and downloading unknown files sent through mails - it could lead to a phishing site.
Doesn't matter what wallets you use to store you coins if that wallet is something set up online it can be way easier hacked then a hardware wallet. You can be the most meticulous person by taking care of everything, not accessing any suspicious website and keep or your passwords in a safe place but keep in mind hackers are very smart people and they know all this tricks and it's just a matter of time until they are going to find a leak of information and then your whole funds are gone.
hero member
Activity: 966
Merit: 535
I use the hardware wallet Ledger wallet it can be used for many cryptocurrencies and I currently hold my two main ones which are btc and eth. They work very well and I feel safe. I treat my ledger as a bank.
I use good antivirus (nod32) with a firewall and I am careful what I download and from where and what links open. Most nasty links open and try download or even launch and installer at placed like paid to click or traffic exchange. The money-making sites attract people so scammers put their stuff among it because they know people are going to see it at some point. Even some faucets do it. Some have a mining script that runs by itself when you visit the website. This is ok if they tell you and do it in place of ads but you get obvious banner farms and places full of ads and popups you cannot even navigate around.

As long as you keep your wits about you, then you should be ok. One more thing is always double check when you copy paste things and when you about to login somewhere. Make sure you don't get phished.
copper member
Activity: 68
Merit: 3
I intend to get a ledger hardware wallet in the future but in the meantime i use web wallets. One thing that i do is to bookmark the original website so that i am not led to any fake site which would get access to my private keys and steal my cryptos. Also, don't share your private keys as this can also make you vulnerable to hackers.
legendary
Activity: 2324
Merit: 1604
hmph..
There is many ways to keep bitcoin save.
1. Use ledger wallet
2. Update wallet if there any updates
3. Using trusted wallet and make sure you are open right domain name for web wallet.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
It seems to me that everyone has his own way of protecting his assets, but I think no one is 100% protected from viruses. The main thing is not to download questionable programs from unknown sources, check the system for viruses and best save money on a hardware wallet.

Have a good anti-virus system installed in your laptop (like Norton or Kaspersky) and you should be fine. But even then, they can't protect you from the phishing links and physical keyloggers. Never open any wallet or exchange links from the email. This step should prevent 99.99% of the phishing incidents. Normally Norton/Kasper are capable of flagging down keyloggers, but better take precautions and avoid unknown people physically accessing your system.

Hardware wallet is also a good option, in case you are not averse to spending $100 or $200 on it. But then, you should be comfortable with using the hardware wallet and careful in storing the passwords and backup seed.
The need for hardware wallet is clearly explained in most of the posts, apart from this enabling all the necessary securities available helps in securing the funds. In recent days there were more loss due to some malware attack on the desktops where the wallet files were saved. It is always good to keep separate desktop or keep the desktops clear with good anti virus protection.
legendary
Activity: 2044
Merit: 1008
It seems to me that everyone has his own way of protecting his assets, but I think no one is 100% protected from viruses. The main thing is not to download questionable programs from unknown sources, check the system for viruses and best save money on a hardware wallet.

Have a good anti-virus system installed in your laptop (like Norton or Kaspersky) and you should be fine. But even then, they can't protect you from the phishing links and physical keyloggers. Never open any wallet or exchange links from the email. This step should prevent 99.99% of the phishing incidents. Normally Norton/Kasper are capable of flagging down keyloggers, but better take precautions and avoid unknown people physically accessing your system.

Hardware wallet is also a good option, in case you are not averse to spending $100 or $200 on it. But then, you should be comfortable with using the hardware wallet and careful in storing the passwords and backup seed.
member
Activity: 938
Merit: 14
Earn more with Earn Network
Although there good wallets like the Ledger Nano S and other hard ware wallets with good security, the best way to protect cryptocurrencies is for the holder to meticulous handle the wallet and its login details. This can be achieved through the safe keeping of the details and avoid keeping login details in emails because they can be easily hacked. Also, avoid visiting unfamiliar sites or links and downloading unknown files sent through mails - it could lead to a phishing site.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
Well the truth is hard, because they can protect themselves through cold wallets, and other times they can protect themselves in some platforms of Exchanges that give enough security worldwide, but something is possible, that hacking is given as it was given to Binance, which, the robbery was a millionaire, however, I think that leaving one part in cold wallet and another part in Exchange is a natural and good way to protect yourself, also in these mometnos where anything can happen I would not advise leaving it in banks because the money is very fluctuating and a possible crash worldwide can capture the value of your money and decrease it.

For me the safest way is with cold wallet, but if so we would be losing all the market action because it turns out to be a process to get what we have saved there, and put it in some Exchange.
newbie
Activity: 17
Merit: 0
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

Almost a lot of lost due to own mistakes, because actually the available wallet is sufficiently protected in such a way and can be trusted. but all back to ourselves how to secure it is correct. so what is needed is more reading about protection that can secure what we have so that people do not take it.
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