How to protect your wallet from hackers - page 4.

nwosuchristabe2

copper member

Activity: 686

Merit: 2

Quote from: Perfect35 on June 02, 2018, 11:31:35 AM

This is for those who use wallets with cheap transaction fee, such as ethereum based wallets.
There are some who cannot yet afford to purchase a hardware wallet. On that note, i have a suggestion on how your wallet can be safe from hackers. I have always noticed wallets that get easily hacked are those that are subject to public view.
Try as much as possible to have a separate cold wallet address that you do not copy and paste the private key, and neither do you share the address with anyone. You can use it to store most of your valuable coins.
Even if you want to transfer any coin or token to an address belonging to another person, first transfer it to your public wallet before sending it out.

This idea is very logical and would be of immense benefit to me. It just dawned on me that my wallet may be at risk since I share it to other people for collection of funds. I would need to get another wallet to move the funds and avoid stories that touch.

whatthesith

copper member

Activity: 301

Merit: 10

simply getting the job done

Still people are use private keys or mnemonic words? Why dont you use encrypted file? By using an encrypted file + password you are much more protected against spy attacks.

JeromeL

member

Activity: 554

Merit: 11

CurioInvest [IEO Live]

I am not a computer security specialist, but even I know that there are operating systems like Linux that are not susceptible to virus. I store my coins on wallets that are written on flash drives and which I insert into a Linux computer only when I need to make a payment.

dnsokoljuk

member

Activity: 924

Merit: 11

Security is ourse trouble. There is a lot of good method's, but I think that the best way to protect crypto is using of different password on different sources and hold assets on Ledger nano S.

jozymens7

member

Activity: 392

Merit: 10

CurioInvest [IEO Live]

If you want to protect your wallet from hackers, then stop participating in any airdrop you get in your mails because they sometimes lead to malicious sites and some may convince you into entering your private keys as a way to log in to a malicious site.
Also, get a separate wallet for keeping those coins you trust a lot and never leave them on the same old Waller that was used in filling airdrop forms and signing in to many decentralized exchanges that require private keys to login.

JeromeL

member

Activity: 554

Merit: 11

CurioInvest [IEO Live]

The best way to protect your wallet from hackers is to place it on a computer without the Internet on which one of the Linux operating system distributions must be installed. If you need to pay for something, then you will create a transaction on this computer and use a stick to transfer it to a computer that is connected to the Internet and send it to the network.

atjiat

full member

Activity: 1204

Merit: 104

Quote from: desticy on August 22, 2019, 12:24:49 PM

Another, quite safe way is to use a separate medium, such as a flash card, to store private keys. But not just a flash card, but a special encrypted container that you can create using a program like Vera Crypt.

The most interesting thing is that you can create an invisible hidden container inside an already created container, thereby hiding what you do not want to show in case of a physical attack on you.

Of course, high technology is good, and digital media is even better. You can store all your personal data, including passwords and secret keys from wallets on flash cards or hard drives, but I trust the old and correct way and this is time-tested paper. Print all the information from your computer onto paper and you can even laminate each sheet to protect it from erasure or other damage and store your information on paper in a folder in safes. It is not only convenient but also safe. Of course, it is best to keep paper away from fires. Grin

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

Another, quite safe way is to use a separate medium, such as a flash card, to store private keys. But not just a flash card, but a special encrypted container that you can create using a program like Vera Crypt.
The most interesting thing is that you can create an invisible hidden container inside an already created container, thereby hiding what you do not want to show in case of a physical attack on you.

ishirut009

member

Activity: 616

Merit: 13

Quote from: Perfect35 on June 02, 2018, 11:31:35 AM

This is for those who use wallets with cheap transaction fee, such as ethereum based wallets.
There are some who cannot yet afford to purchase a hardware wallet. On that note, i have a suggestion on how your wallet can be safe from hackers. I have always noticed wallets that get easily hacked are those that are subject to public view.
Try as much as possible to have a separate cold wallet address that you do not copy and paste the private key, and neither do you share the address with anyone. You can use it to store most of your valuable coins.
Even if you want to transfer any coin or token to an address belonging to another person, first transfer it to your public wallet before sending it out.

i really agree with you there. like me i have a separate wallet for the coins/tokens that i hodl and a separate wallet also dedicated for bounty hunting rewards. That's what you call strategy.

rodel caling

full member

Activity: 952

Merit: 104

Veryone have an own strategy and choices where to store their crypto investment to make sure secured. I protect my wallet by making check it everyday and I reset paasword every month to make sure nobody can trace it quick that for my phone wallet. But of course I stored my couns in safeest hardware wallet for my longbterm investment.

Dimkpakpa

newbie

Activity: 75

Merit: 0

Use a cold wallet and have peace of mind, there is no better way to protect your wallet address than backing them up with 2FA is at all you use an online wallet. Hackers are watching and we need to be very diligent and smart too

Starfranko

jr. member

Activity: 672

Merit: 1

I have been a victim of have. Learnt my lessons.storing my private in my phone is not the safest thing to do. Printing it out might be a lot better

Mila52

full member

Activity: 1022

Merit: 106

Caution and secrecy in the security of your keys is a guarantee for the security of your wallet.I keep my keys and passwords on my old PC offline. And don't store your coins in the wallet of the exchange. Sometimes the exchanges, even larger ones, are also hacked.

Novatech8

member

Activity: 700

Merit: 27

Sovryn - Brings DeFi to Bitcoin

Creating a new wallet address and not sharing with anyone doesnt mean anything,even if you did share your address your wallet can never get hacked through the wallet address,your private key is need for any one to access your fund so if you can keep your private key safe you will be fine,you can try using paper wallet instead of moble or hardware wallet

martina14

full member

Activity: 1190

Merit: 111

is it possible that our wallets will be hack?
Like example, i never shared my private keys to anyone.
I never download anything suspicious or visits any unknown sites.
With exchanges, i always go to CMC first for first time use.

Adelek15

jr. member

Activity: 109

Merit: 1

Basically, you should purchase a cool wallet like record nano s since it stores private-key in your wallet equipment, which the programmer can get to, the higher the innovation, the simpler it is to hack as a result of high innovation. More than basic reasonable innovation, for example, record nano s for instance, simple to utilize, and on the off chance that you store in the wallet work area, web wallet, wallet, your record to the outsider handle hang on

aji567

member

Activity: 728

Merit: 10

I save it with a hardware wallet, besides that I also store several wallets on various devices. then what I do is to divide the assets that I have in several wallets, to avoid losing more.

b1boy

jr. member

Activity: 392

Merit: 2

The most ideal approach to shield yourself from programmers is, first, keep your assets off of trades after you have obtained your coins. Trades get hacked constantly and you likewise don't hold the private keys, so you are truly at a security weakness. Second, purchase an equipment wallet like record, trezor, or keep key. These are the most secure and helpful approaches to hold your coins. Else you could complete a paper wallet. They simply aren't helpful by any stretch of the imagination.

Gab20

jr. member

Activity: 714

Merit: 3

Quote from: MikeyVeez on August 09, 2019, 07:59:33 AM

When you are buying hardware wallet, ensure that you are buying new one from the official store because we see many cases when someone bought a wallet with hacked software. So be careful.

Buying an hacked hardware wallet will definitely be a pathetic situation. I believe it is possible and sometimes, getting the right source might be difficult, except you get a trusted person to direct you to the right site.

dataispower

sr. member

Activity: 1330

Merit: 289

I use both hardware wallet (ledger Nano ) and software wallets especially on mobile. Your points are fair, having a separate wallet for valuable coins whereby you don't need to always copy its private key is necessary. Also, you missed a very important point, which is to always use web3 browser extensions like metamask when accessing sites that require private key or mnemonic phrase. Also, do not use unverified keyboards, hackers can easily steal your information copied to clipboard. Be safe everyone.

Topic: How to protect your wallet from hackers - page 4. (Read 31452 times)