How to protect your altcoin - page 39.

DiamonDogs

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Quote from: Bhalibad on May 28, 2018, 05:41:14 AM

Quote from: blankpaladin on April 17, 2018, 01:50:16 PM

Quote from: alicebrac on April 11, 2018, 07:53:18 AM

What is the best methods to protect altcoin from hacker?

If you are using MyEtherWallet.com ( MEW ). I advise you to read their safety tips. You can check it out when you visit the site. You can protect your funds by keeping your private key because that was the key to access your MEW. Which is very important, so don't gave it to others and also don't loss it. Why ? if you loss your MEW private key, means that you can no longer access to your account and it was time to say good bye to your altcoins. So be careful.

We want to keep our Altcoin safety, we don't let others know or we must keep our private key and password in a safety place so that it will not hacks from others.

Yes, this is so true. I have several friends who got hacked because of this stupid action. They save the private key in local notepad PC.
That's was very dangerous, because if the PC attacked by malware, the hacker can know the private key file.

Pump N Dead

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Quote from: alicebrac on April 11, 2018, 07:53:18 AM

What is the best methods to protect altcoin from hacker?

The best way to protect your altcoin is to keep it in a hardware wallet like Ledger Nano or Trezor. Make sure to keep your private key and keep it off on internet so the hacker have no access on your private key or password.

lakatina

newbie

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All of them are vulnerable to attack by hackers, you have to protect your altcoin with many different methods, wish you success, do not let hacker destroy everything of your life

ronaldo_oc

newbie

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I think you should do all safe things to prevent your coin from harm. Like using strong altcoin wallet to receive your coins and also add a strong password that nobody can decrypt so that no hacker can decode, using a good antivirus software to protect your computer against malware and virus that are designed to steal your crypto currencies, so on. There are many scammers and hackers around now so it is important to be extra careful when trading.

EnormousCoin101

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I suggest that don't store your private-key or account information on your computer or laptop but save it using a paper wallet or USB and place it on a secure area that you are the only have access because I have friends who got hack because their private-key was save on their desktop computer.

mammoniter

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Quote from: alicebrac on April 11, 2018, 07:53:18 AM

What is the best methods to protect altcoin from hacker?

Invest in buying a ledger, your altcoins would be almost next to impossible to be hacked further compared to standard wallet security measures even though it is decent and privates keys are not easily hacked unless there is a breach of security details.

nani culi

newbie

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First and foremost, ensure you store you store your altcoin in the recommended wallet.This is usually available in the altcoin official website.Secondly ,never for any reason reveal your private key to anyone and avoid phishing website.

Mike Tyson

newbie

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Quote from: alicebrac on April 11, 2018, 07:53:18 AM

What is the best methods to protect altcoin from hacker?

In my mind, Before you do something, think carefully and then do it. Never click on links you do not know.
Enter your password and key only on trusted sites and save it on your computer. You can keep your data in a safe place

ice098

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Quote from: bnsdywoahg on May 28, 2018, 08:44:48 PM

You have to use your hardwallet when it comes from saving a large amount of your money cryptocurrencies will be well protected when you use metamask+hardwallet and your addresses when it comes to tokens.

There's a lot ways to protect your altcoin like by not panicking, because you can control your emotion when your calm and possible to protect you altcoin from selling it; Next is by putting it in a wallet so you may not lose it and keep it so it will grow more. Also once you put it in a wallet make sure your your password is cannot easily to get and keep all the information to yourself about your wallet, and dont tell to anyone about it.

Ojodibanned

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Quote from: jalaaal on April 11, 2018, 07:55:00 AM

Quote from: alicebrac on April 11, 2018, 07:53:18 AM

What is the best methods to protect altcoin from hacker?

take care of your private key, passwords and dont click any suspicious link that has been sent to you through pm, shared on any social media sites, etc. the only reason why hackers have the access on your account is because they successfully get your key.

I myself to keep my coins in this uncertain market circumstance I often use how to hold. because I think by holding the coins I have become safer. if for coins that will have threatened to collapse before I invest. both of which are well suited for keeping the coins in both the short and long term.

bnsdywoahg

newbie

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You have to use your hardwallet when it comes from saving a large amount of your money cryptocurrencies will be well protected when you use metamask+hardwallet and your addresses when it comes to tokens.

Fergus Lewis

newbie

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You should use a multi-signature wallet. It can help you to create more security for your wallet and save yourself from human error and to create a more democratic wallet which can be used by one or more people.

Gandam23

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Quote from: 1020kingz on April 11, 2018, 08:11:10 AM

Quote from: alicebrac on April 11, 2018, 07:53:18 AM

What is the best methods to protect altcoin from hacker?

Anything on the web are vulnerable on hackers attack. This includes tokens and coins in our online wallets. But to get rid of it take some safety measures for yourself, first, don’t ever entertain any email that contains links that maybe a phising site and also never ever let your private key known by other users or leave it unattended ( posting it in any thread or put it in wallet address box).

What do you mean how to protect? To secure your altcoin? It is very simple for me. Just secure the password of your wallet because it is very important on how to access your altcoins. Not by password also be responsible on what you are doing online be active to avoid scams online. There are so many phishing site that can actually hack you data.

kemonojim

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tighten your private key security, passwords and do not click any suspicious links that have been sent to you via personal mesenger, shared on any social media site, etc. the only reason why hackers have access to your account is because they managed to get your key.

bitcoinmux

newbie

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its so simple, buy trezor wallet and keep your altcoins in it. trezor is most secure wallet and another method is download wallets of every altcoins in your system keep coins in it but don't forget to keep wallet.dat file in secure location and do it for all downloaded wallets

zabisux

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I try to protect my alternative coins by using safe offline computers and ledgers. I think it is very risky to expose your coins on internet. Also changing your passwords regularly works fine I suppose..

Chachacoin17

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Quote from: KenChanYu on May 28, 2018, 12:01:06 PM

Quote from: laluna24 on May 28, 2018, 05:34:21 AM

Quote from: Anton1105 on May 27, 2018, 01:47:38 AM

One of the most reliable options for protecting altcoins is to keep them on a cold wallet that is installed on a computer that does not have access to the Internet.

Aside from that wallet we may nano ledger wallet wherein we can save our altcoin in ethereum wallet. Their are still ways to keep safe our coins and it is our responsibility to do so.

Security must be of high-importance for us to be protected and safe. Altcoins and other crypto assets are very different because it's virtual and we can't hold them physically. It's very important to learn how to keep cryptographic secrets or private keys. To be more secured we must practice safe computing, like having a back up, backing regularly and frequently, and storing backups in multiple geographic locations. In this way, we can always restore cryptoasset from its private key with a new wallet.

I think I can consider safe walleting as another way of securing Altcoin. Download a wallet file from the most trusted source available, you may check the MD5, SHA1, or SHA-256 and encrypt wallet with a unique password. You can also check and learn password encryption at malwarebytes or emsisoft. I believe it can help protect altcoin from any fraud activities.

nskendrovic

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Quote from: Darius_Wright on May 28, 2018, 11:49:42 AM

For those seeking the most secure form of storage, cold wallets are the way to go. These are best suited to long-term holders, who don’t require access to their coins for months, or years at a time. They aren’t without their own set of risks but if you follow the instructions correctly, and take every precaution possible, these are greatly minimized.

Yeah I recommend to everyone to just make paper wallets they are the easiest don't require you to make an account on any site and you just send your Bitcoin there and that's it! It's so simple and also the most secure because you just store them somewhere really safe and as long as it's one properly no one will ever know youve got them and they will be safe.

ice_man75

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Simple place them in cold storage and do not show or tell anyone about the private key or your altcoins. And do not click on suspicious links or reply to people that are offering you huge returns by investing little.

KenChanYu

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Quote from: laluna24 on May 28, 2018, 05:34:21 AM

Quote from: Anton1105 on May 27, 2018, 01:47:38 AM

One of the most reliable options for protecting altcoins is to keep them on a cold wallet that is installed on a computer that does not have access to the Internet.

Aside from that wallet we may nano ledger wallet wherein we can save our altcoin in ethereum wallet. Their are still ways to keep safe our coins and it is our responsibility to do so.

Security must be of high-importance for us to be protected and safe. Altcoins and other crypto assets are very different because it's virtual and we can't hold them physically. It's very important to learn how to keep cryptographic secrets or private keys. To be more secured we must practice safe computing, like having a back up, backing regularly and frequently, and storing backups in multiple geographic locations. In this way, we can always restore cryptoasset from its private key with a new wallet.

Topic: How to protect your altcoin - page 39. (Read 5585 times)