Topic: How safe is it to store your bitcoins on a mobile phone? - page 2. (Read 7337 times)
I trust my mobile to store few bitcoin cents, i now security isn't the best but if you don't install not trusted apps i think its secure enough for small amounts.For bigger amounts i don't trust mobile wallets.
I used to store about 0.3 BTC on my mobile phone. But my phone got wet and its internal was probably damaged by a thunderstorm, and you guess it, my phone died, along with my 0.3 BTC. I did not keep the seed or private keys else where.
Better to keep multiple copies on a safe place. Well, as for me I have funds on the Blockchain wallet plus I have the private keys printed and stored here at home.
Well it makes no sense to back up your private keys on your phone because you can lose it or it can get stolen or it can simply stop functioning and your coins will be lost forever. I would suggest using a mobile Bitcoin wallet that can spend from cold storage like Mycelium. You have to create a paper wallet that will hold the majority of your Bitcoins. Then when in need you will be able to dip into that stash and spend coins from there and it will be safe because the data only exists in your phone's RAM memory and after the transaction is complete all the tracks will be erased. So in this way you will have a very safe cold storage at home and a phone that can act as a credit card of sorts to your cold storage.
This is actually some pretty good advice; I think that storing it in a phone has the same risks to storing it in a computer; they both have chances of being affected by malware. Also when it comes to being stolen; if you carrying a laptop and a phone; its highly likely that your laptop will be robbed and your phone will still remain on you. But if you’re worried about your phone being stolen just keep it safe where you know no one will find it.
Exactly what i thought of. If someone found out about how much money is stored your mobile phone after you lost it, you can say goodbye to it.
if you however just store few coins to it, its fine.
I think before you use a wallet phone you must have backed up the purse or the private key of the purse and when you lose your phone. You will not lose your bitcoin and make sure you provide the password for the application on your wallet in your phoneif you however just store few coins to it, its fine.
Generate your private keys in a secure, offline environment (besides small amounts stored in a hot wallet).
Create backups of your private keys or wallet seed ensure that no small accident causes a loss of funds.
I used to store about 0.3 BTC on my mobile phone. But my phone got wet and its internal was probably damaged by a thunderstorm, and you guess it, my phone died, along with my 0.3 BTC. I did not keep the seed or private keys else where.
If you intend on keeping your mobile phone at home (all the time), there's a small chance that you'd misplace it. But you run the risk of endangering your bitcoins if your phone gets stolen in the street, a common occurrence in many of the streets here in my country.
Yes this is correct if your bad you left your mobile in any where means it's gone so better don't take chance who know what happen tomo so better choice is to keep your Bitcoin in your system that is the safest place instead carrying your every where keep it in one place. This is same as credit card once lost that's it gone there atleast you can block your card here that facilities not there.
It is not safe, as you can simple forget somewhere your mobile etc. Better is to keep BTC in your desktop wallet. 
If you lose you mobile phone somewhere then you have just lost two important things at once which is not a good thing. So I think saving them on a HDD somewhere it home is a bit saver to do.
If you intend on keeping your mobile phone at home (all the time), there's a small chance that you'd misplace it. But you run the risk of endangering your bitcoins if your phone gets stolen in the street, a common occurrence in many of the streets here in my country.
It is not safe, as you can simple forget somewhere your mobile etc. Better is to keep BTC in your desktop wallet.
If you lose you mobile phone somewhere then you have just lost two important things at once which is not a good thing. So I think saving them on a HDD somewhere it home is a bit saver to do. 
I think it depends on the holder the people itself first for how it is stored on a mobile phone. ALso it depends on the apps who can see the apps and accounts log in on that phone .it will safe if it always secured by installing unknown files is manageable .downloading with softwares etc..
It is not safe, as you can simple forget somewhere your mobile etc. Better is to keep BTC in your desktop wallet.
Exactly what i thought of. If someone found out about how much money is stored your mobile phone after you lost it, you can say goodbye to it.
if you however just store few coins to it, its fine.
I think before you use a wallet phone you must have backed up the purse or the private key of the purse and when you lose your phone. You will not lose your bitcoin and make sure you provide the password for the application on your wallet in your phoneif you however just store few coins to it, its fine.
But the safest method that you can do with Bitcoin is that you have to save it in your online wallet.
I think is not a safe method to store wallet/ or personal data.
For e.g. yesterday I receive an sms with a strange link. So I don't click it, but is really simple install a fake app or click on fake banner and download many some trojan or other viruses.
For e.g. yesterday I receive an sms with a strange link. So I don't click it, but is really simple install a fake app or click on fake banner and download many some trojan or other viruses.
Yeah, the hackers have many ways to take other people's personal data. They can only provide an application that looks safe but actually in it there is a Virus that can take your details. If you prefer to use a mobile phone as storage should you give a 1 mobile specifically for placement of the Bitcoin and Bitcoin wallet installed only
I think is not a safe method to store wallet/ or personal data.
For e.g. yesterday I receive an sms with a strange link. So I don't click it, but is really simple install a fake app or click on fake banner and download many some trojan or other viruses.
For e.g. yesterday I receive an sms with a strange link. So I don't click it, but is really simple install a fake app or click on fake banner and download many some trojan or other viruses.
well, that is true about any computer system and as long as you are not careful and connected to internet you will be in danger of getting infected.
that is why there is this thing called "cold storage" for bitcoin, you cut all the internet connection to a new and clean system and then store your bitcoin there to save it from attacks.
I think is not a safe method to store wallet/ or personal data.
For e.g. yesterday I receive an sms with a strange link. So I don't click it, but is really simple install a fake app or click on fake banner and download many some trojan or other viruses.
For e.g. yesterday I receive an sms with a strange link. So I don't click it, but is really simple install a fake app or click on fake banner and download many some trojan or other viruses.
Exactly what i thought of. If someone found out about how much money is stored your mobile phone after you lost it, you can say goodbye to it.
if you however just store few coins to it, its fine.
I think before you use a wallet phone you must have backed up the purse or the private key of the purse and when you lose your phone. You will not lose your bitcoin and make sure you provide the password for the application on your wallet in your phoneif you however just store few coins to it, its fine.
But the safest method that you can do with Bitcoin is that you have to save it in your online wallet.
It depends on how much do you store in your mobile phone. I would suggest you can have a number of storages so you won't lose all of your bitcoins if ever it happens. Storing bitcoin in your mobile phone is just like bringing money with your wallet. It can be lost or stolen anytime if you do not take precautions. 
If I backup the keys onto my phone's sdcard, don't other apps have temporary access to that file before I delete it? I'm using a Micromax phone and I'm concerned that the phone contains pre-installed malware.
Is it better to just move the money to a wallet on my PC?
its safe if you can make sure you will not losing your mobile phone,and also you should put maximum security on that mobile phone,use 2FA verification and its make you have better comfortable to store your bitcoin on mobile phone. Is it better to just move the money to a wallet on my PC?
Exactly what i thought of. If someone found out about how much money is stored your mobile phone after you lost it, you can say goodbye to it.
if you however just store few coins to it, its fine.
I think before you use a wallet phone you must have backed up the purse or the private key of the purse and when you lose your phone. You will not lose your bitcoin and make sure you provide the password for the application on your wallet in your phone if you however just store few coins to it, its fine.
Ita not really bad to store your bitcoin in your mobile phobe because thats what we are doing most of filipinos using coins.ph app where you can secure and use it with less hassle i dont really bad and i dont encounter hacking issue ever since im using this application in my phone the only really matter their is how wallet owner do to protect his wallet security,
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