Topic: How do you secure your bitcoins? (Read 1691 times)
Securing my bitcoin has always been my major concern, at times it create fear to me because of heartless hackers who are just busy searching for a wallet to break into. I'm also searching for a reliable means of securing my bitcoin, for now I'm just using online wallet.
as for me, I storage my currencies (not just bitcoins) just using a few online wallets and two exchanges)...BTC
This is a very common method being used by many of us to save our Bitcoins. The use of online wallets has become a common method for the reason that we do believe in it. But I personally do not feel secure the keeping them in the online wallets. This is because I think that the method is quite vulnerable to a hacking and some other issues which can lead to a major loss. I preferably believe in the Bitcoin exchanges that offer you a greater level of security needed. 
I do study first the wallet if its trusted like coinpot wallet and its no fee also if you do transaction in some wallet and i already use this since i join here in bitcoin world,i think there are so many scam site or wallet here but if you search a lot you will avoid that and you will have knowledge also to secure your bitcoin
Multiple Bitcoin wallets might be the best solution for you
Hello everyone,
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
I keep some of my bitcoin on a hard wallet were I have my own private key. I also have some bitcoin on trading site. I have diversified my wallet, that way I can make sure that if onr of my wallet gets hacked, I still have some bitcoin on some of my wallets.
You have chosen the right strategy. I also do not keep all of my coins in one place. This will reduce the risks. I also know that it's best to choose a hardware purse. He will give you security
Store your bitcoins in your hardware wallet online or offline. All your bitcoins in some addresses and wallets with different private keys because hackers will not target wallets with low bitcoin counts. They are looking for something big that is worth wasting time. Be careful with the websites you access and what programs you install on your computer and phone. Even the best safe applications can be dangerous in the hands of hackers. 
Hello everyone,
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
I keep some of my bitcoin on a hard wallet were I have my own private key. I also have some bitcoin on trading site. I have diversified my wallet, that way I can make sure that if onr of my wallet gets hacked, I still have some bitcoin on some of my wallets.
I will not easily exchange it from a wallet, I will research on best wallet for bitcoin,look for reviews and read comments. I also think that asking a friends that are stable here can be a big help also in which wallet is best to keep you bitcoin secure.
To secure my Bitcoins I use a hardware wallet and for exchanges I use 2FA. If someone nows my password they also have to now the 2FA code.
as for me, I storage my currencies (not just bitcoins) just using a few online wallets and two exchanges)...BTC
The most advisable and trustworthy for me is blockchain wallet simply because it provide you a free wallet and securing it.
Like a physical wallet where you can keep your money, cryptocurrency wallets can be on your desktop, in the cloud, or as
an app on your phone. To log into your wallet you will need a username and password. Let's say you have an Ethereum wallet. Your wallet needs a way to communicate with the Ethereum network. The best way to think about that communication is to think about sending an email. Just like an email you need some kind of software to send the email. That’s where your wallet comes in. Same to an email, you can give your public address.There is a second part to your wallet and this is your private key. All someone needs to know to send you money is your public address. The one thing you should never share is your private key. If someone gets access to your private key, they could steal all your coins.
an app on your phone. To log into your wallet you will need a username and password. Let's say you have an Ethereum wallet. Your wallet needs a way to communicate with the Ethereum network. The best way to think about that communication is to think about sending an email. Just like an email you need some kind of software to send the email. That’s where your wallet comes in. Same to an email, you can give your public address.There is a second part to your wallet and this is your private key. All someone needs to know to send you money is your public address. The one thing you should never share is your private key. If someone gets access to your private key, they could steal all your coins.
To secure your bitcoin, ensure you keep your login details private and avoid clicking links to bitcoin or blockchain sites as most of them are phishing links
while selecting bitcoin wallets you need to make sure whether that wallet is secure as online wallets and exchanges will tend to lose your wallets so it is better to choose any offline wallets like paper wallets, hardware wallets such as trezor or USB wallets, the bitcoin network provides good levels of security and transparency if used correctly by choosing the right wallets, then you will have freedom of financial use this bitcoin protocol at anytime anywhere without the worry of losing your bitcoins. Online wallets and exchanges are not secure enough as hackers can hack them very easily and there is no insurance of getting your bitcoins always use a two factor authentication when using exchanges. If you find paper difficult to handle then you can go for Trezor and USB wallets.
Hello everyone,
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
I secure my bitcoin through coins.ph. it is very trusted wallet because here in our country there's a lot of people use it. Many of my friends also use it to secure there money. And many things can do in this wallet like paying bills, buy load, cash in and cash out.
I also feel confused about it, but maybe for me the most important way to save it is to convert it into fiat and save it in a savings account at the bank.
I agree with you sir. I also do this method to secure my money. I earn bitcoin every week and after that I will immediately convert it to fiat withdraw to local wallet and the after that deposit it to my bank account.
I do bitcoin security by pulling it into my country's currency when bitcoin prices are expensive to me, or by storing them in wallets that do have a high level of security.
That is the best way to secure your bitcoin is to store it with a high security like the hardware wallet or paper wallet. Security of our bitcoins is the most important in this world of cryptocurrency because your money is one of the most important thing in this world so it is better to spend some money in hardware wallet rather than trusting online wallets.
We know anything kinds of the bitcoin wallets are safe, it depends to the person what wallet he/she to be used. For me, I use them all I have desktop wallet, Mobile wallets, Online Wallets, Hardware Wallet, and last is Paper wallet, I use them because I don’t put all may bitcoin in one wallet for me it’s very secure, I have also secured and remember my account every wallet I have
I do bitcoin security by pulling it into my country's currency when bitcoin prices are expensive to me, or by storing them in wallets that do have a high level of security.
Hello everyone,
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
I have been doing research on securing bitcoins in wallets and I was wondering what everyone does. I am currently using a few paper wallets. I don't really like it because its a one way street if you want them secure. I was looking at the ledger nano s and was wondering what people thought about it. How many bitcoins can it hold? should I wait for the ledger blue? any opinions will be greatly appreciated.
Thank you,
CoinChaos
Currently, I used an e-wallet called coins.ph app. Here in this app is where I put my BTC. And as for my way of securing my e-wallet, I do constantly change my e-wallet password every now and then. In this way, hackers will have atleast a little chance of hacking my hard earned BTC because of my constant change of password. But that can also confuse the user, if he/she can't remember that well.
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