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Topic: How to Secure Bitcoins? - page 18. (Read 1938 times)

newbie
Activity: 68
Merit: 0
April 02, 2018, 10:19:10 PM
How to Secure Bitcoins?
In 5 way we secure our bitcoin. Namely:

1. Offline Mode:
The offline mode of securing bitcoins is called cold storage.

2. Backup:
Backup your entire bitcoin wallet early and often. In case of a computer failure, a history of regular backups may be the only way to recover the currency in the digital wallet.

3. Software:
Keep your software up to date. A wallet running on non-updated bitcoin software can be a soft target for hackers.
 
4. Encryption:
Encryption adds a layer of security to a particular folder, file, or message as it can only be unlocked by someone who knows the right key to it.

5. Multi-Signature:
The concept of a multi-signature has gained some popularity; it involves an approval from a number of people for a transaction to take place.
member
Activity: 238
Merit: 12
I was quet but i was not blind
April 02, 2018, 09:21:11 PM
Please we need scure hold
newbie
Activity: 32
Merit: 0
April 02, 2018, 09:15:26 PM
Backup your entire bitcoin wallet early and often. In case of a computer failure,  do regular backups as it may be the only way to recover the currency in the digital wallet. Smiley
newbie
Activity: 23
Merit: 0
April 02, 2018, 12:28:58 PM
I thinkk you should use zebpay wallet and I think that is the best one even for me
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
April 01, 2018, 05:46:05 PM
I think changing email passwords regularly is one of the simplest things you can do to protect yourself from a digital hacker and make sure to turn off the internet when reading bitcoin data
You don't have to change email passwords if you are only using a hardware wallet or a desktop wallet. You can encrypt your password or simply write it on a paper and hide it somewhere that you can keep it safely. Sometimes those simple techniques are the best way to keep our bitcoins safe, it's easy and less hassle.

for convenience of transacting, the best way to go around with the problem is keeping a small amount of wallets in a usable computer, though not one you connect to the internet often, and securely configuring a good wallet.
You can also keep to web wallets or exchanges if you want to spend it. This is what I do. I have wallet and enough bitcoins for my cold storage and also I have a wallet that is also dedicated for spending so small amounts there are essential.

Actually, in protecting with Google authentic is enough but it's also good for regular password changes to make sense of security will be awake
Yes I forgot about this. But still what if the exchange you are using was attacked behind or with it's back-end?
newbie
Activity: 26
Merit: 0
March 30, 2018, 11:59:32 PM
You can easily secure your btc in paper wallet if the amount is not a big deal.
member
Activity: 350
Merit: 10
March 30, 2018, 02:23:46 PM
How to Secure Bitcoins?

Securing your bitcoins is actually hard because there are different wallets out there that are being hacked so you should ask reliable person in order for you to pick the best wallet and reduce the amount of probability to get problems in the future.
newbie
Activity: 91
Merit: 0
March 30, 2018, 02:17:04 PM
I think you can save it at a hardware wallet
member
Activity: 411
Merit: 19
March 28, 2018, 10:00:20 AM
I'm not a fan of hardware wallets. I think that security is in your head. Idiots will always lose their money...
hero member
Activity: 2590
Merit: 644
March 28, 2018, 09:47:55 AM
To secure bitcoin then you should own a hardware wallet because that is what you need in order to have a real security for your cryptocurrencies. You can buy ledger nano s because that is the best hardware wallet that i know so far and it has a lot of cryptocurrencies that it is supported so you don't need to own many hardware wallet to just keep your cryptos.
hero member
Activity: 1246
Merit: 501
March 28, 2018, 01:55:13 AM
I think changing email passwords regularly is one of the simplest things you can do to protect yourself from a digital hacker and make sure to turn off the internet when reading bitcoin data
You don't have to change email passwords if you are only using a hardware wallet or a desktop wallet. You can encrypt your password or simply write it on a paper and hide it somewhere that you can keep it safely. Sometimes those simple techniques are the best way to keep our bitcoins safe, it's easy and less hassle.
Actually, in protecting with Google authentic is enough but it's also good for regular password changes to make sense of security will be awake
newbie
Activity: 168
Merit: 0
March 28, 2018, 01:49:10 AM
As in real life, you have to protect your wallet.

Using bitcoin can easily transfer money around the world and give you complete control over your money. Such powerful functions are accompanied by great security concerns. At the same time, if used correctly, bitcoins can provide advanced security.

A small amount of bitcoin is used for everyday needs, while others are kept in a cold wallet.
jr. member
Activity: 41
Merit: 3
March 28, 2018, 01:45:35 AM
Software
Keep your software up to date. A wallet running on non-updated bitcoin software can be a soft target for hackers. The latest version of wallet software will have a better security system in place thereby increasing the safety of your bitcoins. If your software is updated with the latest security fixes and protocol, you may evade a big crisis because of the enhanced security of the wallet. Consistently update your mobile device or computer operating systems and software to make your bitcoins safer.



Read more: Best Ways To Protect Your Bitcoins | Investopedia https://www.investopedia.com/articles/forex/042715/best-ways-protect-your-bitcoins.asp#ixzz55Unx2lrN
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This is actually very good advice that is often overlooked.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
March 28, 2018, 01:14:29 AM
The bitcoin secure of safest money to business.the secure of money exchange in the process of world. Cryptocurrencies can feel secure because they decentralize and often anonymize digital transactions.They also validate everything on public issues and good secure of blockchains..Owning cryptocurrency isn't quite the Wild West experience it was at the beginning of the decade, but investors still face plenty of instability and safest business on btc.the secure of mining crypto currencies are good profit and good secure and safest process of world.
I think I can only give you one way to secure Bitcoin, that is to make some complicated password that can secure your wallet. Maybe you can even change your password every month so that you will not worry about anything. If you are talking about wallets, then this tips is the most simple yet secure plans. It is hard to believe that someone can hack your Bitcoin without knowing your wallet password. As long as you use your private computer and you always change your password, it will be fine. Actually, there are people who use hardware to save their Bitcoin. I do not use hardware wallet because I think web based wallet is more secure.
Wallets passwords are not important because it only protects that dat file if someone have the access of your private key then he can import the bitcoins into other wallets.So keep your private keys safe if you want your bitcoins to be safe.
full member
Activity: 294
Merit: 114
March 28, 2018, 01:08:39 AM
The bitcoin secure of safest money to business.the secure of money exchange in the process of world. Cryptocurrencies can feel secure because they decentralize and often anonymize digital transactions.They also validate everything on public issues and good secure of blockchains..Owning cryptocurrency isn't quite the Wild West experience it was at the beginning of the decade, but investors still face plenty of instability and safest business on btc.the secure of mining crypto currencies are good profit and good secure and safest process of world.
I think I can only give you one way to secure Bitcoin, that is to make some complicated password that can secure your wallet. Maybe you can even change your password every month so that you will not worry about anything. If you are talking about wallets, then this tips is the most simple yet secure plans. It is hard to believe that someone can hack your Bitcoin without knowing your wallet password. As long as you use your private computer and you always change your password, it will be fine. Actually, there are people who use hardware to save their Bitcoin. I do not use hardware wallet because I think web based wallet is more secure.
member
Activity: 260
Merit: 10
March 28, 2018, 01:00:37 AM
The bitcoin secure of safest money to business.the secure of money exchange in the process of world. Cryptocurrencies can feel secure because they decentralize and often anonymize digital transactions.They also validate everything on public issues and good secure of blockchains..Owning cryptocurrency isn't quite the Wild West experience it was at the beginning of the decade, but investors still face plenty of instability and safest business on btc.the secure of mining crypto currencies are good profit and good secure and safest process of world.
jr. member
Activity: 84
Merit: 5
March 28, 2018, 12:10:02 AM
Maybe to keep our bitcoin secure is that we should be responsible for keeping our keys and we should not visit unsecured sites and install unsecured apps in our software as this may be dangerous to our bitcoin. Hackers always find their ways to rob us, so better safe than sorry.
jr. member
Activity: 154
Merit: 1
March 27, 2018, 11:38:19 PM
if you have bitcoin on the exchange, never use any unreliable exchange. have a strong password and 2fa for login.
There are some new ICOs regarding exchanges which are designed exactly to address such concerns. For example, the new LCCX project will provide the facility to place 60-75% of client funds offline in cold storage - on separate offline physical media, and claim to be fully regulated by the UK' Financial Conduct Authority (FCA): https://icorating.com/analytics/basic/lccx-basic-review/
newbie
Activity: 126
Merit: 0
March 26, 2018, 10:09:15 PM
How to Secure Bitcoins?
It is so secure when your bitcoin hold it in your wallet it can not steal by anyone else
member
Activity: 78
Merit: 10
March 26, 2018, 09:30:49 PM
Software
Keep your software up to date. A wallet running on non-updated bitcoin software can be a soft target for hackers. The latest version of wallet software will have a better security system in place thereby increasing the safety of your bitcoins. If your software is updated with the latest security fixes and protocol, you may evade a big crisis because of the enhanced security of the wallet. Consistently update your mobile device or computer operating systems and software to make your bitcoins safer.



Read more: Best Ways To Protect Your Bitcoins | Investopedia https://www.investopedia.com/articles/forex/042715/best-ways-protect-your-bitcoins.asp#ixzz55Unx2lrN
Follow us: Investopedia on Facebook

Yes you are right friend, You can not keep your bitcoins safe without needing softwears and updating softwears from time to time. use then latest version.
thank you.
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