I leave all on desktop wallets, but I'm thinking to buy a hardware wallet or try to make a safer way to protect my coins
I don't like paper wallets, but I have to admit that is a very good way to protect yourself against hackers
Topic: How do you protect your digital coins? - page 7. (Read 1943 times)
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 are a few basic precautions, that you need to take. I would list them down, in the order of importance:
1. Never store any of your coins in the exchanges. There are no exchanges out there which are 100% reliable, as seen from the recent scandals at Wex, Cryptopia and Binance.
2. Always take control of the private key to your coins.
3. Make sure that the computer you use is free from spyware, keyloggers and trojans
4. Activate 2FA in your wallet
5. Take special care not to click on phishing links.
Various methods, but mostly paper wallets stored in only areas I am aware of. Not necessarily at my primarily dwelling at any given point in time.
I just don't trust paper wallets, although paper wallets are safe from hackers since it is offline. The only problem is the nature problems, since paper is easily damage. But it's still depends how you store the paper wallet.Even you have hardware wallet, it's still risky. Depends also how you store it, especially your backup for private keys.
No, I agree, it has to be done carefully for sure.
I have multiple paper backups in locations only available/controlled by myself along w/ dead man switches.
Various methods, but mostly paper wallets stored in only areas I am aware of. Not necessarily at my primarily dwelling at any given point in time.
I just don't trust paper wallets, although paper wallets are safe from hackers since it is offline. The only problem is the nature problems, since paper is easily damage. But it's still depends how you store the paper wallet.Even you have hardware wallet, it's still risky. Depends also how you store it, especially your backup for private keys.
Various methods, but mostly paper wallets stored in only areas I am aware of. Not necessarily at my primarily dwelling at any given point in time.
This is very simple, so far all my assets are safe from theft hackers, I only use the google authenticator to secure my wallet from all the exchanges I use. And use an antivirus in the laptop or computer used....
Your private key should be kept safe as well as your wallet. Try as much as possible not to connect your laptop to general internet connectivity that is shared since your information can be shared as well. Do not store your tokens on exchanges for long.
You are right, we shouldn't keep our tokens in the exchanges because we are seeing many hacks in the exchanges and this makes many people losing their money who are holding in the exchanges. Yes, we shouldn't connect our Laptop to the public network because the virus seems to be a lot in the public network.
I myself don't really protect my digital wallet, I only use Google Authentication to protect it, because that's all I can do 
If this coin on base ERC-20, and you use MEW, are looking, to on phishing site accidentally not have reached and not transfer private key, but the best will of course to purchase hardware wallet.
I usually don't hold many bitcoins in my wallet so I don't worry that much about that and I keep it on a wallet on my phone. I the most convenient way to safely storage your bitcoin is to buy a hardware wallet and move your bitcoins there. This kind of wallet are pretty cheap this days and the risks of getting hacked are much smaller in comparison with any online wallet.
We can only use our phones if we are just holding BTC but if we are holding some altcoins, feel better to use MEW or hardware wallet. It sounds to be expensive in purchasing hardware wallet and so some of us will stick in using online wallets.
Anyways, the most important is we have stored it securely.
Though not suggested most new people who has less holdings prefer to have their coins on an online wallet. And I think that is okay. As long as you find yourself still sleeping well at night. But if it came the time that your funds is large enough, it is best to invest in hardware wallets. Keeping your money away from any intermediaries is still the way to go.
just don't save your digital currencies asset on the exchange for long time, If you have a plan to hold Digital currencies I recommend to always save them in the wallet like IMTOKEN For Ethereum/tokens, blockchain, coinbase etc.
There are plenty of techniques on how to do it correctly. In my case I haven't loss a single amount yet from my wallet and I am very happy for it.
A little trick for your money to be safe are : don't be greedy especially for the free money as someday it will lead you to revealing your wallet, think twice or more before deciding, don't ever reveal your private key, use a wallet that's been used by many, always check the URL whether you are in correct address to avoid being hacked and lastly don't be a fool instead be wise in every move that you want to execute.
A little trick for your money to be safe are : don't be greedy especially for the free money as someday it will lead you to revealing your wallet, think twice or more before deciding, don't ever reveal your private key, use a wallet that's been used by many, always check the URL whether you are in correct address to avoid being hacked and lastly don't be a fool instead be wise in every move that you want to execute.
I protect my digital coins by avoiding to store at the exchanges. I always secure every cryptocurrency I have hold. Using cold storage and nano ledger will help us to protect our keys and cryptos since hackers have to encrypt the data billion times before they can intercept. However, I know that they will not be interested in my wallet because right now, it does not have amount.
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To avoid losing, hacking, stealing you need to buy a hardware wallet and you have to be careful about exchanges! Buying a hardware wallet is not enough if you use your phrase code on online! So, never use any kind of phrase code on online, write down in a paper! And, you shouldn't use an exchange as a wallet, use an only hardware wallet. If you can't buy the hardware wallet right now, then you have metamsk wallet or imtoken, my suggestion is don't for Myetherwallet!
isn't that obvious. hackers can steal those stuff which is accessible to you. maybe they will go for spoofing or cracking or anything but they do need your our your relative stuff's interaction. maybe wireless or physical so keep your wallets out of your reach. keep it completely offline and keep it somewhere where even doctor strange cannot find it. it's your coins and blockchain's motto is "BE YOUR OWN BANK"
I prefer desktop wallets the best.
the worst wallet I think out there is on steemit, such a public wallet and everyone knows your business
the worst wallet I think out there is on steemit, such a public wallet and everyone knows your business
Just like you will not like to lose your physical asset or money, you cryptocurrencies in your wallet is equally a big asset and needs to be kept secured. I protect my wallet by saving the private keys in hard copies. I've never saved my crypto assets in exchange wallets but in my local wallet. It's hard to earn cryptocurrencies so it's worth securing.
Protecting our own Cryptocurrency must be the same on what we feel about losing cash. We must be vigilant to see whether we are still looking at a safe website or are we using the proper websites that can trade and transfer cryptos. We must also place extra authentications if able because we can be sure that our cryptocurrency can be only accessed by us or by their own users. Cryptos are really hard to hack unless youre careless. Carelessness may lead to big losses and we can prevent that by thinking carefully.
I personally advice anyone who want to store coins to buy a hardware wallet even if is ledger or trezor or any secure hardware wallet, i use hardware wallet and always i not had any problem with.
I think of cold storages. Also besides from keeping information safe you have to be careful with projects you decided to join and people you speak to, they may look friendly but it’s not always true.
Indeed, needs to be very careful when you are into this field, using cold storage is very design to protect your assets, you need to work with knowledge in every instances, your assets, your responsibilities so best to make sure on whatever you use any cold storage. Jump to: