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 ?
Basically I dare not store my tokens in a wallet I have no private key to. I won't wanna risk my assets for nothing. I make use of IMTOKEN WALLET it's on Play store and it works offline too that is what I make used of when storing of tokens. 
Topic: How do you protect your digital coins? - page 9. (Read 1951 times)
The first point to consider when talking about coin/asset protection is to make sure you alone, have access to your assets (private keys per say). Then the next thing to consider is to make sure the platform you're storing is safe and secure. The others such as preventing phishing, private keys theft, etc are extra precautions as well.
Right now I try saving on the blockchain app which uses 2FA, pin and also thumbprint(in phones which accepts it). Also I try making I backup my funds using the seeds on the various wallets and it has helped me a lot.
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 ?
in my opinion its better to hold a higher percentage in bitcoin while bitcoin price risethe risk in holding altcoin is higher but there a chance of higher gain just invest your willing to risk
such as? keep your own altcoins on paper wallets or on mew in combination with metamask, and keep your private keys in a safe place, not on the computer but possibly on a usb stick...
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 ?
I just be responsible enough to keep my wallet accounts, passwords and every information in tacked in one storage but I do also have spare storages and access codes that can only used by me and I do not share such information even to my friends because what is the essence of creating passwords if I will let them know what is it. Even to my special someone, I just being mindful to myself into where I put all the information I need when I want to use it. As for now, since I haven't plan to use any of my digital coins except Bitcoin, I just hold it into my wallet and just let it still until such time came to use them into a purpose.
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 ?
well, to protect the coin depends on how much you care about security which will keep your coins safe, if you have a high sense of care then of course you will act quickly for this problem. but so far i only use wallets to store coins and not an exchange, so far it still works well with high caution every time we want to visit the wallet so that it doesn't get stuck on a phishing link
First don't let anyone know how much your asset is or where do you store it, second thing is that don't let your coin stay in your wallet. I suggest to use a hardware wallets such as trezor, It's a little expensive but for the sake of security I may say that it's okay to invest on your security isn't?
Don't download, join or open any malicious contents that can be found on the Internet, Emails or group chats to avoid your computer or hardware be infected by virus or malware so far here are the things I know on how I can I protect my digital assets.
Don't download, join or open any malicious contents that can be found on the Internet, Emails or group chats to avoid your computer or hardware be infected by virus or malware so far here are the things I know on how I can I protect my digital assets.
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 ?
Do not stored your coins in one single wallet especially in the exchange just put some amount for your trading job not all ypur coins, in that way I will protect my asset.
My assets do not need to be protected, crypto is hard to steal and I have no protection from the past. It really depends on your own if you don't play to a phishing site, your assets will be safe until you are old.
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 ?
if you do not trade
you should keep your assets in the wallet. that's the first
and for each security you use must be credible, one of which is that your computer must be clean of suspicious activities such as viruses that can retrieve your data.
You can store on a hardware wallet or something.
so you have to look for all references for each of your security.
The first thing you should do is not act stupid. Don't use an exchange as an alternative for wallets to hold your coins. Exchanges are always vulnerable to hack and no way your coins are secured over there. If you are storing your coins in your computer, make sure its clean. If you are planning to hold your coins for long term, then store it in a cold storage!
among the ways that I use to protect the coins that I have. including:
not save assets in one wallet.
do not install applications from sources that are not clear
always clean the leptop / cellphone from a virus that can cause our assets to be lost. using a digital device that is quite sophisticated so it is safer from theft
not save assets in one wallet.
do not install applications from sources that are not clear
always clean the leptop / cellphone from a virus that can cause our assets to be lost. using a digital device that is quite sophisticated so it is safer from theft
Just make sure you are the only one who know your password. Ro make sure use a new device to prevent malicious program. I am doing it or accessing only my crypto wallet to my laptop inly. No other installed program. Im doing it for 3 years now and havent experience getting hack yet.
Paper wallets, cold wallets and hardware wallets are the most safe storage for cryptocurrency right now. I'm using hardware wallet right now. It is where my long term coins are at this moment. I put some Bitcoins too in Electrum and in one site incase there is an emergency or I feel that I want to trade or to gamble some Bitcoins.
I kind of agree with you guy. As we all know, anything which is connected with the Internet may bring us the lack of security. Therefore, one of the most efficient way to protect our currency is to store it in something which can get rid of Internet impact. For example,secure and renowned hardware wallet such as Trezor or the Ledger Nano S. These wallets can partially help you to avoid being hacked. Though using mobile wallet is considered quite convenient, you'd better not to use it. Because your digital coins will be easily lost. 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 ?
for me i just save my coin and other token in myetherwallet and other wallet such as blockchain for bitcoin. Keep your private key or password on safe place and don't use your key on website scam you can search info about that web or double check your URL that you're searching.
I am using hardware wallet to keep it safe from hackers and I always double check the link to know that I am only using the orignal website so my information like username and password would be safe.
The rules for safe storage of cryptocurrency are quite simple, the most important thing is to follow them. 1) If you are an investor, then store your cryptocurrency on cold storage devices that are not connected to the Internet. 2) If you are a trader, it is important to distribute your assets to different exchanges, thereby diversifying risks. Also, if you want to achieve more reliable guarantees, it is better to trade on decentralized trading platforms.
If youre too anxious about your coins, paper and hardware wallet is the most advisable to use. Well in my case, ive got no problem at my local wallet. Although we all know that internet is prone to hacking. Thats why i choose a wallet that can transfer fund to my bank account directly. Just be careful on messing things around the internet. Phishing sites are all over the place. I also use google authenticator for added security.
Paper wallets, cold wallets and hardware wallets are the most safe storage for cryptocurrency right now. I'm using hardware wallet right now. It is where my long term coins are at this moment. I put some Bitcoins too in Electrum and in one site incase there is an emergency or I feel that I want to trade or to gamble some Bitcoins.
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