How to Secure Bitcoins? - page 23. | Bitcointalksearch.org

Erza

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Quote from: wantjokull on February 25, 2018, 11:35:11 AM

Quote from: Brian Goldman on January 28, 2018, 10:58:39 AM

How to Secure Bitcoins?

Speak out buddy! You can express yourself lot more than this. Cheesy

Bitcoin can be stored at many places as people above suggesting you. Every place has its own safety features and more or less security. For me, the private key owned wallet is most important. You can be controller of your wallet and if you want to change the wallet in future then you can do so by transferring the private key to the other wallet. Thats best way to store it. Or else just put it into local wallet which is recognised in your country with KYC verifications.

I am sure everyone will store their coin directly to the their own hard wallet in order to secure their own coin. But to be true, most people that are having wallet and store it on your wallet will be stuck until you send it back to the exchange to withdraw it. Mean while what I saw here, many of them is trading their coin every single day which is pretty hard to really secure it on any place

Caesar-Giulius

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I suggest you to use a hardware wallet to secure your bitcoin. On top of this, beware of virus/malware that change the copy and pasted bitcoin address to the hacker bitcoin address.

wantjokull

sr. member

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Quote from: Brian Goldman on January 28, 2018, 10:58:39 AM

How to Secure Bitcoins?

Speak out buddy! You can express yourself lot more than this. Cheesy

Bitcoin can be stored at many places as people above suggesting you. Every place has its own safety features and more or less security. For me, the private key owned wallet is most important. You can be controller of your wallet and if you want to change the wallet in future then you can do so by transferring the private key to the other wallet. Thats best way to store it. Or else just put it into local wallet which is recognised in your country with KYC verifications.

b3llsf1l3s

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saving all the bitcoin assets on the wallet where you have the private key itself is the right move, for now I still avoid wallet hardware because there has been an issue about wallet hardware infiltrated by malware that can steal our private key. it would be better to use wallet blockchain or wallet ERC20 like MyEtherWallet or Metamask

Shakiramae

newbie

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To secure bitcoin,you need to secure your password first.Having very strong password decrease the chance of getting hacked by other users.Moreover if etherium wallet is needed better give the public address.Make sure its the public address and not a private key in conclusion,you just need to be careful from answering the questions.

abbhatia

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Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure.

ParveZ219

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Quote from: Brian Goldman on January 28, 2018, 10:58:39 AM

How to Secure Bitcoins?

Have a secure wallet to store your Bitcoins never share your private key with others and it's better to have a hardware wallet like ledge,trezor... Which are much more secure than normal wallets and one thing more never get phished.

zander09

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We need to be sure that our private key is always secure. Don't allow other people to know your private key, hackers are always there that's why we need to be careful everyday, as far as i know you can use two factor authentification so other people can not easily hack your account.

Jaemouns

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Quote from: Brian Goldman on January 28, 2018, 10:58:39 AM

How to Secure Bitcoins?

To secure our bitcoin we should make sure to secure our bitcoin wallet first because hackers is always their that's waiting for an opportunity to gumble us..We should be taking care our bitcoin wallet its because when they hacked it no reason to make it return to us.

tiggytomb

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Quote from: Brian Goldman on January 28, 2018, 10:58:39 AM

How to Secure Bitcoins?

If keeping for the long term as in not going to trade regularly then it is best to keep them in a local wallet and keep the private keys safely stored away, a hardware wallet such as Ledger or Trezor are fantastic for this.

nhoj25

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Quote from: Brian Goldman on January 28, 2018, 10:58:39 AM

How to Secure Bitcoins?

Bitcoin itself is secured since it is decentralized. Maybe you meant is with your wallet/storage? Most of wallets now are requesting to enable 2fa ( two factor authentication) You should enable this to add more security to your wallet. 2fA uses OTP (One Time Password) whhich is only valid for one time login.

spacesniper93

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I think the only way to protect our Bitcoins is saving it at the local wallet and cut the internet connection and it will be totally safe.

Meowth05

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Well you should pick those most useful and trusted site like blockchain. Blockchain was tried and tested that is why I choose this wallet. Besides, don't put all of your bitcoins in one wallet so that in case that the other one has been hacked you have still a balance. Having also a cold wallet which ledger nano in particularly will be the most countermeasure for hackers.

ab005

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You should be wary of any service designed to store your money online. Many exchanges and online wallets suffered from security breaches in the past and such services generally still do not provide enough insurance and security to be used to store money like a bank. Accordingly, you might want to use other types of Bitcoin wallets. Otherwise, you should choose such services very carefully. Additionally, using two-factor authentication is recommended

Smith871

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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. Just this week, scams have arisen that divert funds from users' mining rigs to malicious wallets, because victims forgot to change default login credentials. Search engine phishing scams that tout malicious trading sites over legitimate exchanges have also spiked. And a trojan called CryptoShuffler has stolen thousands of dollars by lurking on computers, and spying on Bitcoin wallet addresses that land in copy/paste clipboards.

kadutz25

newbie

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How to secure bitcoin is we must have a private key which is basically a private key only ourselves who know our personal key password and maybe we should enable 2FA feature as it serves to provide authentication and notification in your bitcoin wallet.

NorrisK

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Hardware wallets would be your best bet.

Either Trezor (T) or Ledger are good choices that have been proven trusted and secure over a couple of years now.

Alternatively, you can make an offline pc to create a paper wallet and use that to store your coins.

bit-freedom

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Quote from: Ethan Becker on January 28, 2018, 11:02:18 AM

As with anything valuable, hackers, thieves, and scammers will all be after your bitcoins, so securing your bitcoins is necessary.

If you’re serious about investing in bitcoin and see yourself buying a significant amount, we recommend using Bitcoin wallets that were built with security in mind.

Ledger Nano S – Ledger is a Bitcoin security company that offers a wide range of secure Bitcoin storage devices. We currently see the Ledger Nano S as Ledger’s most secure wallet. Read more about the Ledger Nano or buy one.
TREZOR – TREZOR is a hardware wallet that was built to secure bitcoins. It generates your Bitcoin private keys offline. Read more about TREZOR or buy one.
Bitcoins should only be kept in wallets that you control.

If you leave $5,000 worth of gold coins with a friend, your friend could easily run off with your coins and you might not see them again.

Because Bitcoin is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin itself is secure, but bitcoins are only as secure as the wallet storing them.

Investing in bitcoin is no joke, and securing your investment should be your top priority.

I agreed that hardware wallets are good at securing Bitcoin and Altcoin. There are plenty of phishing website around, the hardware wallet doesn’t expose your private key. Buying one at less than $100, it is definitely a good buy.

Arumi.Bilqis

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Until now I still use the blockchain wallet and it's a safe way and has secured the coins I have until now Grin

ThishD

newbie

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If you have big volume of bitcoin first of all you want select a secure wallet.There are many wallets in the internet.I Recommended to use if you got big volume of bitcoin use a Hardware Wallets.But it is little bit expensive.But more secure.If you doing some little transaction you can use Web Wallet or Desktop/Mobile Wallets.They are also secure.Main thing is never share your Privet Key with anyone.If You Share you will be get hack and you will lost all of your Bitcoin.

Topic: How to Secure Bitcoins? - page 23. (Read 1938 times)