Topic: HOW TO KEEP YOUR BITCOIN SAFE AND SECURE - page 3. (Read 551 times)
You can use a ledger wallet and store cryptos there which makes it offline and relatively safe from hacks
Dear all,
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
Keeping our crypto currencies in our wallet is much better than storing them in Exchanges. It is safe to store in our own wallet our Bitcoins and altcoins but its our responsibilty to keep our wallet safe and secured. Since the wallets in the exchanges do not have the private keys, the Exchange is the owner of the coins which is stored in the Exchange. Whatever happen, we cannot get it cuz we dont have access to the private keys. So I myself, I avoid putting any coins in any Exchange. I put them in my hardware wallet. But just in case you dont have a hardware wallet, better store them in your computer and keep all your data and file, including your private keys and seeds in a notebook or paper wallet. Avoid phising sites and secure your computer as you can. Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
some friends from my community always suggest to keep assets in official wallets or hardware wallets and they say do not click any links that we do not know the source.
I am keep my coins in blockchain and dont open suspicious link.
When you store your coins in any online wallet then you should also protect your PC with a good anti-virus software from which PC you use usually access your account. I too usually keep some coins in these online wallets like blockchain and XAPO wallets.
I'm using the desktop and paper wallets for storing my coins for long-term. But remember to keep all your private keys and seeds safely to access your accounts later.
Dear all,
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
I used cold wallet, it is the best way to secure and keep safe your coins.
All we can do is make our wallets secured. As long as your wallet is safe then your BTC is safe. Get a hardware wallet like Ledger nano or Trezor so that you are not susceptible to hacks. Avoid also phising links and sites & keep your emails safe too and do not click links that you dont know where it comes from. Put only your private keys/password or files in USB and delete it in your computer. In this way, your wallets are 100% safe. Do not trade or put your BTC in an Exchange and do not trade in small Exchanges. These are only some safety tips to make our crypto-currency assets secured.
I am keep my coins in blockchain and dont open suspicious link.
Dear all,
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
It's so hard to answer your issue because we do everything in the internet environment, we don't know who are exchanging with us? all things are digital strings. So should we stop exchange like that? No, we can't stay out of the digitalization trend. So we return your issue - what would we do?
As my exprience, I only trade with who has been believed, only trade on large and reputable cryptocurrency exchanges like Binance, Remitano, KuCoin, Cryptopia, Bittrex, Poloniex, Chimcugay.com, Coinbase ... Recommend you visit one of those cryptocurrency exchanges when trade with large value.
You should refer more share from other members
Andreas antonopolos has a great video explaining industry level standards of storing crypto. Very interesting. You would be surprised to know mobile devices (android,ios) with encryption turned on are some of the safest devices to store them on. Never a windows laptop though!
Dear all,
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?
Please share your opinions!
Thanks.
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