How to protect your token's - page 6.

kayvie

sr. member

Activity: 1022

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Quote from: NathanJB on October 09, 2019, 11:06:51 PM

Quote from: Ferris419 on October 09, 2019, 08:53:43 PM

Keeping private keys on the Computer is not safe too! You have to compress and lock it to be 100% safe. Because Computer hack is not a big deal for hackers. Personally, I wrote down my phrase codes in a paper and kept a very safe place. I never took a photo of my phrase codes, never wrote the private keys on my phone or PC and never enter online! So, now I feel totally safe!

To secure your funds, I would suggest everyone buy a Ledger hardware wallet! The price is very cheap. If you can't bear the present price of Ledger/Trezor hardware then wait for the Black Friday when the price will be 50% down than now and buy it!

It is always best to use Ledger/Trezor rather than any kind of wallet so far. Well there are other hardware wallets or even paper wallets but Ledger and Trezor have always been the two most trusted in terms of security and safety of coins. There is no need to risk on hot wallets when you can afford to buy even the cheapest Ledger. In terms of saving seed and PIN, it is better to go back to the old note and pen technique rather than on soft copies which could still be accessed online.

Using hardware wallet is indeed the safest wallet to use, having a default 2FA and a private key that will surely protect you to any hackers. Since it is not accessed through online and you have a physical device which you can track and protect on your own, compared on using online wallets or any application wallet where you have a small percentage of being worry since you cant access it all the time unless you have your comouter or mobile device.

DDante

member

Activity: 434

Merit: 19

Even if you use hardware wallets you still need to safeguard your private keys, so whats the use of hardware wallet when you still have to worry about keeping its private key safe? its better to have multiple ways for keeping private keys like your life depends on it, threat private keys the way you threat your ATM cards

uray

hero member

Activity: 1400

Merit: 505

Quote from: Byakuga on October 09, 2019, 08:23:54 AM

You should atleast give example of secured places you think its secure so that we can learn, some places can be secured to you and not secured for others. People aren't that stupid to give out private keys to other people when money is involved, i think hackings is where many lots their private keys

Make sure you have a basic protection for you laptop or computer, never visit any random sites and the best practice is to hold your tokens or coins in a separate hardware wallet or a pen drive and not in a computer which is online, have a paid antivirus software and never use any cracked software or download anything from other sources.

@crofrihosl you have the option to hide the advertisement if that is irritating to you .

Winscosinally

member

Activity: 490

Merit: 16

Its easy to keep your private keys or recovery seeds safe even if you are sharing your computer with friends and family, use winzip or winrar to compress the folder you keep all your keys in and you should consider adding security password to the compress folder, use a very strong password and you are good to go

Aabcde

sr. member

Activity: 1050

Merit: 256

so far, what i have done is store my coins in hardware wallet, ledger nano s. This thing is very safe. Unlike storing in a wallet exchange that can someday be hacked or bankrupt. With hardware wallet, we can easily access it anytime. Certainly with mnemonic or private key that only we know. Long-term investing becomes safer.

NathanJB

sr. member

Activity: 756

Merit: 251

Quote from: Ferris419 on October 09, 2019, 08:53:43 PM

Keeping private keys on the Computer is not safe too! You have to compress and lock it to be 100% safe. Because Computer hack is not a big deal for hackers. Personally, I wrote down my phrase codes in a paper and kept a very safe place. I never took a photo of my phrase codes, never wrote the private keys on my phone or PC and never enter online! So, now I feel totally safe!

To secure your funds, I would suggest everyone buy a Ledger hardware wallet! The price is very cheap. If you can't bear the present price of Ledger/Trezor hardware then wait for the Black Friday when the price will be 50% down than now and buy it!

It is always best to use Ledger/Trezor rather than any kind of wallet so far. Well there are other hardware wallets or even paper wallets but Ledger and Trezor have always been the two most trusted in terms of security and safety of coins. There is no need to risk on hot wallets when you can afford to buy even the cheapest Ledger. In terms of saving seed and PIN, it is better to go back to the old note and pen technique rather than on soft copies which could still be accessed online.

magnum cyber

member

Activity: 775

Merit: 11

for me the best way to protect tokens is by using a hardware wallet like Trezor or Ledger Nanno S, I think this is the safest wallet to secure your token. if you use a software wallet I recommend like the MEW wallet or MyEtherWallet, I also use this web wallet.

Ferris419

hero member

Activity: 1008

Merit: 501

Keeping private keys on the Computer is not safe too! You have to compress and lock it to be 100% safe. Because Computer hack is not a big deal for hackers. Personally, I wrote down my phrase codes in a paper and kept a very safe place. I never took a photo of my phrase codes, never wrote the private keys on my phone or PC and never enter online! So, now I feel totally safe!

To secure your funds, I would suggest everyone buy a Ledger hardware wallet! The price is very cheap. If you can't bear the present price of Ledger/Trezor hardware then wait for the Black Friday when the price will be 50% down than now and buy it!

mersal

member

Activity: 1204

Merit: 38

Most people keep their tokens in an exchange's wallets that is why they got hacked,when they keep it in a wallet then it is impossible for the hacker to get into the wallets.People should also avoid entering into the cloning sites while looking for the exchanges which is the strategy used by hacker to steal our funds.

suryana

sr. member

Activity: 1218

Merit: 254

Trphy.io

Quote from: MarioV on October 09, 2019, 05:05:48 AM

I think the only way to protect tokens as much as possible is to use a hardware wallet: obviously it must support the tokens concerned.
The knowledge of information technology and the prudence of people are still below the minimum necessary levels.

Hardware wallet is safer to use than online wallet because we hold full control without a third party, but we have to really keep the private key elsewhere for more gated. Never click on a site that contains phishing because it can eliminate all your coins.

forexandcryptoauditor

copper member

Activity: 1190

Merit: 3

Yes, passwords and private keys are most important when it comes to hacking or theft. Even unknowingly also we should not misplace it. The 2FA apply will also play important role keeping our accounts safe.
One more thing to add.
Phishing email. We have to be very careful and never should login to accounts via links provided in email.
Moreover to this, we should keep our investment in multiple wallets so that even if something goes wrong, our remaing investment will be safe with other wallets.

Dreamr

member

Activity: 263

Merit: 10

I think the best way to project your tokens is by protecting your private keys first. And the best way to protect your private key is by saving on a flash drive where you can keep it offline. don't share your private keys with anyone and keep your flash drive in a hidden place where no one can find it easily.

Fredomago

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Activity: 2996

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Leading Crypto Sports Betting & Casino Platform

Quote from: mcnocon2 on October 09, 2019, 10:31:24 AM

The most common problem why their private keys got stolen is that they paste it on a phising websites my myetherwallet and other websites. And some uses it on some airdrops that requires private keys but be careful as most of the airdrops that asks for your private keys is a 100% scam and don't get fool on that.

This happened even with those who are no longer newbies from this industry, people who's been easily tricked due to lack of knowledge or being greed to believe that airdrops or freebies are worthy to provide your private keys. This should be taking care, phishing sites and hackers are all together waiting for possible victims that is carelessly moving around this market.

Learning from hard mistakes can be avoided if you will plan well before doing anything, OP mentioned some of those important factors to consider but it's highly advice to deeply do your research for more available references to secure your assets.

Pinkris128

sr. member

Activity: 812

Merit: 262

Quote from: akirasendo17 on October 09, 2019, 04:31:13 AM

There are lots of people who shouted for help every time i open the forum lots of them are scammed, lost a key for their wallets and more,
here are some tips that you can do to avoid this kind of incidents
1. Keep your keys for wallets in a secure place where you can easily access but others can't
This is the number one rule of thumb for me keep it in a safe place that accessible by you but not to other people
2. Never share your passwords to anyone
Remember even the closes person to you can turn you down sometimes, and hit you really hard when you don't expect
its okay to trust people around you but there should be a distance or a position where in okay you can't know everything about me its
too personal.
3. If you keep your keys codes etc in your computer make sure you always have a backup a clone for the drive to be safe.
This is the last one for me but this should be at first procedure you should do first always keep your backup because we all know
you don't know when your computer encounter a problem specially windows , which a lot of users are using ,
there you go this are some simple steps that can be done i hope this can help you keep you codes and keys safe every time

It's better safe than to be sorry of course so only tell about your password to someone very close but if you don't have anyone else to trust, then don't. Trusting someone is difficult nowadays that even those related to you by blood can turn their backs to you. I prefer hard wallet but if you think soft wallets is more efficient for you, then follow your reference since both of them are secure in theory.

mcnocon2

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Activity: 616

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📱CARTESI 📱INFRASTRUCTURE FOR DAPPS

The most common problem why their private keys got stolen is that they paste it on a phising websites my myetherwallet and other websites. And some uses it on some airdrops that requires private keys but be careful as most of the airdrops that asks for your private keys is a 100% scam and don't get fool on that.

jazmuzika217

member

Activity: 476

Merit: 12

I think the most important tips among those 3 tips is tip number 2. In this industry we all don't know who we will going to trust except in ourselves because like you said even the most trustable man in industry will turn you down if talk about token and investment. So make your personal information secured and private specially if we talk about digital wallet,coins or investment.

Bitze

legendary

Activity: 1638

Merit: 1042

the majority of helpful tips that are necessary have already been mentioned.

it is important to create wallets as good as possible offline. the data must never be allowed on the internet!
and of course ledger, trezor etc.
additionally use a passwordsafe and if necessary deposit a master password as backup with a family member you trust without restrictions. that was a short summary.

Colt81

sr. member

Activity: 630

Merit: 265

Quote from: akirasendo17 on October 09, 2019, 04:31:13 AM

There are lots of people who shouted for help every time i open the forum lots of them are scammed, lost a key for their wallets and more,
here are some tips that you can do to avoid this kind of incidents
1. Keep your keys for wallets in a secure place where you can easily access but others can't
This is the number one rule of thumb for me keep it in a safe place that accessible by you but not to other people
2. Never share your passwords to anyone
Remember even the closes person to you can turn you down sometimes, and hit you really hard when you don't expect
its okay to trust people around you but there should be a distance or a position where in okay you can't know everything about me its
too personal.
3. If you keep your keys codes etc in your computer make sure you always have a backup a clone for the drive to be safe.
This is the last one for me but this should be at first procedure you should do first always keep your backup because we all know
you don't know when your computer encounter a problem specially windows , which a lot of users are using ,
there you go this are some simple steps that can be done i hope this can help you keep you codes and keys safe every time

All of your advices that you have listed is very helpful and true because getting a back up, not sharing to anyone, and keeping your private keys in a secured place is the things that you should do for you not to get steal and hack. I also think that there are a lot of hackers nowadays, that is why having an online wallet is not that safe, even they have the greatest security features because if a great hacker could access to it your funds will be automatically gone.

aomakun

sr. member

Activity: 1020

Merit: 253

JangaCams.com

Quote from: 10c on October 09, 2019, 08:20:40 AM

It has already been said many times about all these simple steps to ensure security, but people have not yet begun to apply these rules. I think that we will not be able to protect people from stealing their passwords and their money

I think if those who until now have lost their money with the same problem, I think they have not read about good data security information even though there is a lot of information like this but it is unfortunate that there are still many people who lost their funds in wallet

Byakuga

member

Activity: 518

Merit: 28

Quote from: akirasendo17 on October 09, 2019, 04:31:13 AM

There are lots of people who shouted for help every time i open the forum lots of them are scammed, lost a key for their wallets and more,
here are some tips that you can do to avoid this kind of incidents
1. Keep your keys for wallets in a secure place where you can easily access but others can't
This is the number one rule of thumb for me keep it in a safe place that accessible by you but not to other people
2. Never share your passwords to anyone
Remember even the closes person to you can turn you down sometimes, and hit you really hard when you don't expect
its okay to trust people around you but there should be a distance or a position where in okay you can't know everything about me its
too personal.
3. If you keep your keys codes etc in your computer make sure you always have a backup a clone for the drive to be safe.
This is the last one for me but this should be at first procedure you should do first always keep your backup because we all know
you don't know when your computer encounter a problem specially windows , which a lot of users are using ,
there you go this are some simple steps that can be done i hope this can help you keep you codes and keys safe every time

You should atleast give example of secured places you think its secure so that we can learn, some places can be secured to you and not secured for others. People aren't that stupid to give out private keys to other people when money is involved, i think hackings is where many lots their private keys

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