Topic: How do you store your private keys - page 4. (Read 1534 times)

Honestly, I just wrote it on a piece of paper, not too confident that it was saved in my phone. There will be unexpected issues and the best thing to do is to write down your private keys or save it in a hardware storage. Do not save it in usb flash drive, there is also often times bugs that may affect the performance of the usb. Same with your pc and phone. Hope it helps.

Do you encrypt your private keys on your usb flash drives?  Do you encrypt your usb flash drive?  What program do you use for all of this?

So its a text document that you put in google drive?  You encrypt it right?  What encryption do you use then?  So if someone hack your google account, they still need to hack your encryption to the document with your text document?

Yes, offline storing of private key is such a safe method. But in case you are knowledgeable enough, you can also store your private key file in an online like in your google drive, just in case. But you should be aware that nobody should.know the password of your private key.

I keep them as you shouldn’t do it - on the computer, I just can’t just sop on it and transfer everything to at least a flash drive, so I’m not ready to spend money on some cold wallet at the moment.

Most people seem to agree hardware wallets are best place to keep their coins.  Either that or wallets like electrum or paper wallet.  But I say coinbase or those other main exchanges are probably safe if not safer.  Has anyone had their coinbase, gemini or bitstamp account hacked?


Now the storing of private keys.  Its been mentioned to not store it online.  Now all agree that we should not take a picture of it on our phone or type it in our wordpad and thats it.  I mean if you do that, you should at least encrypt it.



So here are what i think are good ideas.




1.  Type it in something like lastpass or keepass?  That way in order for someone to access your private key, they need to know your password to lastpass or keepass.  So you could keep a copy of lastpass or keepass on your computer, also one on a usb stick, and one online?  That way in case something happens physically?  But the big issue here is if somehow you get malware on your computer, then anytime you type in such as entering your password to lastpass or keepass... then a keylogger could see everything and view your private keys there... correct?  But as long as you don't download anything on it and careful on computer, its fine?



2.  People say best to type write it down on paper and not store any of it electronically anywhere.  I do like this idea as it protects your from the internet.  But do you store this in your house or apartment?  A bank safety box?  If you do this, obviously you break it into 2 parts?  The other issue is what if there is fire or things like that?  Do you keep multiple copies of it?  Such as it break the private key into 2 or 3 parts in your house and apartment?  Then another copy of it in 2 or 3 parts somewhere else?  Like 2 bank deposit boxes?  But i heard cases where bank deposit boxes can be broken into... but the issue is they just need to open it and take picture... they dont need touch or take the paper.  So I assume break it into 2 different safety deposit boxes?



3.  Someone mentioned cryptosteel etc.  So that protects it again fire etc.   But is this good option?  Where in the world do you store it then?

I keep my private key on a flash drive , but usually I keep my money now on the stock exchange , as very often trade and do not always have time to throw money.

It is very easy you should write down the private key in the page of a big book and safe it ( for example in table ) and don't check it every week. In this case it will be safe place for your crypto.

I keep my private at my emails acount with backing up two ways to be sure my private key is safe, I sending my private key at messenger and I take picture and i keep it in my cellular. That i know very surecured ways to keep safe and secured my keys.

It's not a super complicated concept, encrypt a text file... You don't have to do anything fancy to be secure, and things like VeraCrypt make it super easy for the average person to accomplish it these days. Just make sure you have backups, but always encrypted. It's very hard for people to hack something they don't know exists.

I prefer to store my seed words than to store my private keys, I store them in two ways the most obvious is that I keep them in a piece of paper, the second method is that I have committed those words to memory so if I need to travel I can carry all my funds with me and no one will ever know since I do not carry anything with me that could reveal the fact that I hold some cryptocurrencies, but as of late I have been thinking on buying a hardware wallet but I have not decided yet which one I would like to buy.

The best place to offer maximum security is offline. Save in your personal diary. I am sure siblings don't go around looking through each other privacy. It is one of the challenges investors had when the QuadrigaX exchange CEO died. If he had saved the wallet  private keys online, perhaps access would have been retrieved

Since I started using hardware wallets and TrustWallet app I no longer worry about private keys. For my passphrases, I write them in pieces of paper and store them in different locations, when I need them I start digging them up.

When it comes to passphrases, I do not worry too much about them because those who are around me aren't that much into crypto and those who will try hacking me won't get access to the book where I write my private keys and passphrases.
And when it comes to writing my passphrases and private keys, I do write them in a sequence that if I do not tell you, you will spend the whole day combining them here and there.

Your idea of storing private key is pretty good. Currently I store multiple copies in multiple locations including offline and online. And obviously Most of the times I write it down with my personal short form.

Storing on-the-spot offline will be safer. Many people lose their coins because their computers are hacked. Also, many people are not wary of following unclear sites. So it's easy to hack and will definitely disappoint. For me until now very safe because I also did not experience it. And in my place, many of my friends are not familiar with the crypto. And if they borrow my computer I do not allow.

I don't want to tell you because that is my secret

We have many options to store the private keys, and there are so many suggestions from members that you can follow. You should choose one advice that will give the best solution for you to store the private keys. Maybe you can save it in the flash drive or on your computer, as long as you can keep it from other people, you will be safe.

I keep my wallet keys on a flash drive and have a copy of the keys printed on paper, and I do not recommend that anyone keep the key file on their computer.

This question is a matter of confidential and no one will say you definitely. Because these days the fishing and hacking of the cryptocurrency has grown. So, don't as this type of foolish question here. But, I only say that I am storing my private keys offline and with paper wallet.

the way you do is very cool, it never crossed my mind that this method is quite safe in storing our private key. Yes, I will try to create a password formula that I only know myself to encrypt my private key, and the formula is only stored in my brain and there is no digital trace that can crack it.
Thank you for some useful tips, I hope this method is safe ...