How to Secure Bitcoins? - page 24. | Bitcointalksearch.org

BTCeminjas

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

How to Secure Bitcoins?

As long as you have your private key and no one knows about it your bitcoin is totally secure from scammer or thief.
Or you just buy a hardware wallet if you are planning to hold long term or about a year or decade.lol
Like nano ledger or trexor these wallet are you need to buy, it is very safe for cold storage.
There's some tip in storing your bitcoin don't put all your egg in one basket.

klebsiella

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There are incidents of hacking, theft, and fraud associated with bitcoin. Best to secure your bitcoins than be sorry. You can use cold storage, backup - in case of computer failure. Consistent update of software is also a big help. The latest version of wallet software will be a better security system for your bitcoins.

eann014

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

How to Secure Bitcoins?

Just like how you value your important things, some bitcoin wallet has a private keys, this private keys must kept with safe storage and no one needs to know where it is except you and also the person you trust too like your husband/wife or parents. It is still depend on you if you want to just keep it yourself or tell it also with your partners.

bigdude

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Dolphins Finance TRUSTED FINANCE

Ledger Nano S is the best one for me till now.
I feel safe with it. And I only connect it once I need confirm for trasaction.
No one can see your private key, even you lost this device it's still not big problem.
It value too small to compare with BTC

Abete

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if saving on a gadget or laptop, certainly not to put haphazardly. and do not forget also our history when surfing the internet for your immediate delete, do not menyipat password on your laptop. Wink

Brian Goldman

newbie

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Offline Mode
The offline mode of securing bitcoins is called cold storage. Cold storage wallets are not connected to the Internet and are thus less susceptible to hacking. Since accessing a cold storage wallet can be inconvenient, it’s best to split the bitcoins you own. Keep a small amount of bitcoins in an online digital wallet for daily trading needs and keep the rest in cold storage. Cold storage takes the private keys in an offline mode, thus decreasing the chances of theft. The practice of using cold storage is not only popular with individuals but even with cryptocurrency exchanges that deal with huge sums and are often under constant threat by hackers. The popular cold storage methods are paper wallet, sound wallets, storage devices (like a USB drive), and hardware wallets.

Julian Page

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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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Ethan Becker

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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.

Brian Goldman

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How to Secure Bitcoins?

Topic: How to Secure Bitcoins? - page 24. (Read 1938 times)