Topic: How to securely store your Bitcoin (Read 679 times)
This is an interesting article for new beginners like you said and captured more importantly the basic things to know as a starter. I will surely share if I see anyone who needs the information.
First of f all to be extremely attentive before clicking some websites or services, do not keep your data, seeds and keys via email, online messenger or something like that. Do not hold all your assets in one and the only place, do not keep all assets on exchanges even in case they are trustworthy and so on and so on. Everything is really very simple.
The simplest hackers usually attack on the site they disguise as if it were a real site that we want or visit often, then they ask us to give us the key access to our wallet, and they will hack our wallet easily, this is a very simple technique but if not thoroughly very dangerous, I think this can be handled by booting the sites we visit frequently and important sites.
storing bitcoins safe today is from trezor or hardware wallets, they are safer than hackers, switching in such wallets, will not be easy to enter viruses. If you want to keep a Private key / Json / Mnemonic try to write it on paper . and store files on the flash drive for greater security.
Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
There are four types of wallates and you can store your bitcoin securely
Hardware Wallets
Software Wallets
Cloud Wallets
Paper Wallets
I think the safest method of storing your Bitcoin is through Cold Wallet (offline wallet). Because they are not connected to the Internet, it is very much less open to hacker. And have zero security risk. Also Keeping your private key privately, is very important because it protects your wallet from Bitcoin hackers, it literally Impossible for someone to access your Bitcoin without your private key.
Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
I have been in the crypto field since 2016. Bitcoin wallets are much more secure than altcoin wallets. I have seen altcoin wallets being hacked a lot more than bitcoin wallets and etharium wallets being hacked the most and this is happening more in the case of etharium wallet and now in BSC Chain. This is because it uses the alogrithm of the etharium blockchain. eth wallets are not safe. But bitcoin wallets are safe, be it software wallet, paper wallet or hardware wallet. Newcomers to the crypto field use the blockchain wallet. If you want to keep bitcoin more secure, use a paper wallet. However, if you think that I have a large amount of bitcoin, then hardware wallets are best for this.
the article that you provide is very complete and good, but for beginners you may still have doubts about choosing which one is the right one. we need to remind you as good as any wallet is, only the most secure hardware such as trezzor or nano ledger is the best for securing assets
My mantra in terms of equipments and gadgets that I use is that I only use those that have been used by others and have assured that it is of quality. Like Trezor and Nano Ledger which has been the most spoken hardware wallet for a long time because they deliver what they promise although there are some setbacks, they still are at the top. Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
There are four types of wallates and you can store your bitcoin securely
Hardware Wallets
Software Wallets
Cloud Wallets
Paper Wallets
thanks for the info but is there a reason why bitcoin core havent implemented it until now ?
Updating Bitcoin Core with those major changes isn't as simple as you may think it is.Also if you want to use bitcoin core, you have to download the whole blockchain on your computer and many people will run out of space on their system if they opt to go with bitcoin core. Electurm wallet is better choice unless you are a blockchain developer.
thanks for the info but is there a reason why bitcoin core havent implemented it until now ?
Updating Bitcoin Core with those major changes isn't as simple as you may think it is. I tried using electrum and I have no problems with it and what I like is that I can keep my private keys with me .
I haven't tried Bitcoin core but this wallet is trusted
Just a small note. While both of them are wallets, electrum offers much better address management than Bitcoin Core. It'd be better for example to use electrum to write 12 words and derive as many addresses as you want than writing an entire private key in which you end up with only one address. Bitcoin Core developers haven't implemented the seed generation.I haven't tried Bitcoin core but this wallet is trusted
thanks for the info but is there a reason why bitcoin core havent implemented it until now ? because they always released an update but we can copy our private keys and paste it in a secure location . no need to write it . im fine with a single wallet no need to create more
It seems like your title "How to securely store your bitcoin" is different from its content, as the content says that it is about a crypto wallet, well still a good article for beginners to choose what wallet may suit them. Right now I am using a hot crypto wallet, as I am using an exodus and electrum wallet, actually, I also want to try to use a hardware wallet or a cold wallet but I don't think that there is a cold crypto wallet here in our country and I also don't know how can I buy it. Hardware wallet is much safer than online wallet but if you will just take care your device and you wont download some unnecessary files and application then using it is still good.
Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Bitcoin wallet is a place to help you store your Bitcoin. It's like you take money in your wallet. But how to secure your Bitcoin wallet to avoid stolen. Buy the most safe purses. There are now many types of hot wallets and cold wallets, but in the market there are 4 types of most common wallets that are online wallets, wallets, paper and hard wallets. Learn to buy appropriately. Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
the article that you provide is very complete and good, but for beginners you may still have doubts about choosing which one is the right one. we need to remind you as good as any wallet is, only the most secure hardware such as trezzor or nano ledger is the best for securing assets
Thank you for your useful article! It’s really important to think about the safety of your crypto wallet. Choose only reliable wallets
Because hardware wallet is much more secure than software wallet.
This is not completely true, unless you don't know what's the technical background of a wallet. Besides the fact that the keys never "touch" your computer, hardware and software wallets aren't different at all. You're generating random numbers with both of them. For beginners on cryptocurrencies, I'd definitely recommend hardware wallets, though.I tried using electrum and I have no problems with it and what I like is that I can keep my private keys with me .
I haven't tried Bitcoin core but this wallet is trusted
Just a small note. While both of them are wallets, electrum offers much better address management than Bitcoin Core. It'd be better for example to use electrum to write 12 words and derive as many addresses as you want than writing an entire private key in which you end up with only one address. Bitcoin Core developers haven't implemented the seed generation. I haven't tried Bitcoin core but this wallet is trusted
I think hardware wallet is more secured for storing your asset . Nano, trazer ledger . Most important you have to save your private key or password to a secured place so that no one can hack it.
Hardware is a wallet that is recommended for those who have a significant amount of bitcoin or have a value that is considered critical. Although anyone can use it, it's actually funny if I have to use a hardware wallet for store worth bitcoin $20, while electrum and bitcoin core and some other wallet provide a good security experience for the user.I tried using electrum and I have no problems with it and what I like is that I can keep my private keys with me .
I haven't tried Bitcoin core but this wallet is trusted
~
Or.....simply just don't trust any online wallets for hodling purposes wherein you don't hold your private key.Some people still treat Bitcoins like fiat wherein they entrust their good ol' pal, online wallets like how they entrust banks too much for their money.
I think hardware wallet is more secured for storing your asset . Nano, trazer ledger . Most important you have to save your private key or password to a secured place so that no one can hack it.
Hardware is a wallet that is recommended for those who have a significant amount of bitcoin or have a value that is considered critical. Although anyone can use it, it's actually funny if I have to use a hardware wallet for store worth bitcoin $20, while electrum and bitcoin core and some other wallet provide a good security experience for the user. 
I think hardware wallet is more secured for storing your asset . Nano, trazer ledger . Most important you have to save your private key or password to a secured place so that no one can hack it.
The best way for all serious bitcoin owners to use is cold wallets and physical media. Hacking is minimally likely - if not impossible at all. You need to incur a small investment of time and money for the acquisition and management, but it is worth it so that later you sleep well and not worry about the safety of your savings. Those who ignore such rules are more likely to find themselves in unpleasant situations. I know such people personally - believe me, it's better to play it safe.
Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
If you are comfortable storing your assets in a financial institution like a bank, then a regulated financial institution may be the best fit for storing your crypto. And, if you prefer to have complete control over your assets without relying on anyone else and don’t mind shouldering the added personal responsibility and risk that comes with it , then you may prefer a self-storage wallet. Self-storage wallets could be used to keep small amounts of bitcoin handy for trading and everyday use, and third-party custodians could be entrusted to safeguard larger amounts of crypto or handle digital asset inheritance.Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
https://www.gemini.com/cryptopedia/how-do-i-securely-store-bitcoin
For the Bitcoin store, I usually use hardware. Because hardware wallet is much more secure than software wallet. I usually use three types of software wallets and two types of hardware wallets. ledger nano and trezor wallet is very important ans secured wallet for reserving Bitcoin.
I just use HD wallets - Ownr and Trust. And I have no reason to think that my funds are not safe.
You have to still be careful though as you can still be a victim of phishing and other malware, yes you have a HD wallet but being cocky about your security tends to be the downfall of many. 
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Instead of sharing some external link to this community; why not you take time to elaborate your one way of securely storing bitcoin? Because, we all need practical approach rather than someone writes something for shilling purposes rather than really caring about this community. Your article must be one of them.What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Not your keys; not your bitcoins: Your article is mostly focusing on few of web-wallets and this community is strongly against such type of wallets.
Moreover, secretly storing is not a big science. You just need to secure your wallet files with (rememberable) strong password and you must save your seed phrases without letting others to access it.
For the storage of assets such as bitcoin, it is purely done by yourself, because as we know now there is nothing more secure than what we have, including securing the password or passphrase code. so I think this is our best choice, and my advice is to choose a hardware wallet for us to make the best choice
It is true that you cannot hack it with other people, just choose to keep it on paper, it is not connected to the internet, almost those connected to the internet can be hacked if storing it on paper is the safest option. 
But I'm expecting you should also highlight those desktop wallets, even with basic information, just as what you did on the Metamask extension and not just mentioning them.
And since the subject is security and the target audience are newbies, might as well add some pointers about ways to secure an account on an exchange site or trading platforms.
And since the subject is security and the target audience are newbies, might as well add some pointers about ways to secure an account on an exchange site or trading platforms.
I'm using Metamask, only for my ETH but for bitcoin, I'm using a hardware wallet.
I'm just not comfortable on using exchanges and digital wallets because hackers are flexible and skilled enough to enter your wallet.
Also there are exchanges which are sometimes having problem with their platform.
Security is also one of the problems that we can encounter in an exchange besides the existing of hackers.
The most important thing in storing a cryptocurrency is the storing wallet. The security of your wallets depends on you. Your cryptocurrency will be saved if you can save it properly.
This may be a basic thing knowledge to be understood by the beginners. It is about some types f wallets and also recommendations about the wallet to be preferably used.
So far, if a newbie only has small amount of Bitcoin and not going to hold for a longer time, a software wallet or exchange may be useful, moreover at once for trading.
However, if you are really willing to have it for holding, however the numbers, yeah I agree to considerably save it in the cold wallet because we don't know exactly. Moreover, one to always remember, never tell anyone about the private key r even other password or important/private data because it will dangerous.
So far, if a newbie only has small amount of Bitcoin and not going to hold for a longer time, a software wallet or exchange may be useful, moreover at once for trading.
However, if you are really willing to have it for holding, however the numbers, yeah I agree to considerably save it in the cold wallet because we don't know exactly. Moreover, one to always remember, never tell anyone about the private key r even other password or important/private data because it will dangerous.
Thanks for the info.
Will be keeping this in mind.
Will be keeping this in mind.
My advice is not to save it in a place that is connected to the internet because it can be hacked by irresponsible people and all your assets will be lost, it's better if you save it on paper and keep it in a safe place.
Nowadays, fraudsters always take advantage of technological innovations and always take advantage of people who still don't fully understand certain technologies, such as new technology, there will definitely be risks associated with digital currencies, so in my opinion we must be smart at saving Our bitcoins, the safest way to store our bitcoins is by using hardware wallets such as ledger and trezor, with a hardware wallet, with this hardware wallet you will easily access your bitcoins, making it safer ..
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I keep my bitcoins in the safest place and I store them in one of the best cryptocurrency wallets. My bitcoin wallet private key is stored in email, on computer software and on paper. I do not tell the private key of my bitcoin wallet to other people, I give the private key of my bitcoin wallet only to my wife because I don't trust other people, I believe in this way my bitcoin will be safe.
Giving your wallet private keys to your wife is good but it not reasonable if she did not know how to keep it safe or its purpose and about saving your private keys in an email is just another way of you showing your wallet private keys to the email service provider.Saving wallet private keys online is not good.
There are many providers of bitcoin wallets in the world and blockchain info is the main one.
I will never advise my enemy to make use of blockchain info wallet. One of the safest techniques for holding bitcoin is cold storage, as there wallets are not accessible via the internet. There are also hardware wallets are potentially even safer, although if they misplace or forget their keys, users face the risk of losing access to their tokens.
All MIT license wallet is good for store Bitcoin but the user need to avoid a human error when using the wallet 
Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
the security to store crypto I think the best way is to be in an offline wallet. it may be safe from hackers and other actions, for example like this nano ledger will keep you safe in storing your wallet Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
There are many providers of bitcoin wallets in the world and blockchain info is the main one. One of the safest techniques for holding bitcoin is cold storage, as there wallets are not accessible via the internet. There are also hardware wallets are potentially even safer, although if they misplace or forget their keys, users face the risk of losing access to their tokens.
My bitcoin wallet private key is stored in email, on computer software and on paper.
Backup of private key on email is not advisable because anything on email is anything online. There are many series of reports of peoples' email being compromised, and in this case can be an easy way for the hackers that compromised the email to lay hand on the seed phrase or private key. So, storing sensitive information on emails is not safe at all. Storing seed phrase or private key on a phone or computer is not also also safe, not safe because the device can be damaged beyond repair in a way someone can lose the seed phrase or private key.
The best way to go is to store your seed phrase or private key offline, no hackers can know what is offline online which makes it safe. But, there will still be need to safe it from offline attackers and damages. Also, triplicating it offline will be best by also keeping the three backup in three different locations.
Thanks for the article, it is well-researched as well as detailed. It will definitely come in handy for anyone who is new to this game. I especially like the 'why crypto wallets matter?' section, it has some really insightful data.
Appreciate your efforts to share knowledge as newbies will find it useful, I have read your complete blog and it's crisp and clear. I would request you to add some more point about the importance of private keys and passphrase as if you are using wallets like blockchain and forgot your password it's impossible to retrieve password without the phrases.
Absolutely, this might really help those people who are having trust issues with the wallet they choose. That is why you guys should know what wallet is better for you to use when you are storing your own cryptocurrency. Because one single mistake can lead to a loss of your money which we don't want to happen. There are things you should need to consider when choosing a wallet, 2FA authentication is important so that you can be verified when someone is trying to open your wallet. 
Bitcoin is the main cryptocurrency. Thousands of people are dependent on bitcoin. So it's important that bitcoin is safe. It's also important to store bitcoin in the best way.
Bitcoin mainly stored in a digital wallet but it can be also stored in a offline wallet and it's one of the safest method to store bitcoin. Offline wallets are not accessible via the internet as a result hacker can't hack the software as the wallets are offline and it's safe from dishonest people.
Digital wallets are hardware based. It's also a safe method of storing bitcoin.
It's possible to stole bitcoin and it's not a good news for the bitcoin users. So it's very important to store bitcoin in the best way so that no one can stole it. If we store bitcoin in the digital wallet then we have to take care about some important things. Like: we have to give a strong password so that hackers can't hack the software, we have to verify the software, we have to be very concerned about our email address and other things which are related to bitcoin system.
But I can say that offline wallets are the best. It has no risk to be hacked. And also user can monitor his or her bitcoin all the time.
Bitcoin mainly stored in a digital wallet but it can be also stored in a offline wallet and it's one of the safest method to store bitcoin. Offline wallets are not accessible via the internet as a result hacker can't hack the software as the wallets are offline and it's safe from dishonest people.
Digital wallets are hardware based. It's also a safe method of storing bitcoin.
It's possible to stole bitcoin and it's not a good news for the bitcoin users. So it's very important to store bitcoin in the best way so that no one can stole it. If we store bitcoin in the digital wallet then we have to take care about some important things. Like: we have to give a strong password so that hackers can't hack the software, we have to verify the software, we have to be very concerned about our email address and other things which are related to bitcoin system.
But I can say that offline wallets are the best. It has no risk to be hacked. And also user can monitor his or her bitcoin all the time.
I keep my bitcoins in the safest place and I store them in one of the best cryptocurrency wallets. My bitcoin wallet private key is stored in email, on computer software and on paper. I do not tell the private key of my bitcoin wallet to other people, I give the private key of my bitcoin wallet only to my wife because I don't trust other people, I believe in this way my bitcoin will be safe.
From the few years I have been involved in this space, I have realised that I want to store my crypto the exact same as how I store my money... In several different places/wallets.
I have learnt that I don't want to have a vast majority of my holdings in the one wallet. I have various wallets that I actively hold funds in now, from exchange wallets - holding crypto I use for scalping and other trades, to a hardware wallet - for holding crypto that I just want to hold for the future and stake where possible. I personally think that is the safest way to hold crypto.
I have learnt that I don't want to have a vast majority of my holdings in the one wallet. I have various wallets that I actively hold funds in now, from exchange wallets - holding crypto I use for scalping and other trades, to a hardware wallet - for holding crypto that I just want to hold for the future and stake where possible. I personally think that is the safest way to hold crypto.
Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
I use blockchain and coinbase wallet for holding, trading and transferring bitcoin for my purposes. I try to save my documents in safer place and use 2fa code, mobile verification, backup etc. It is still safer to me. I evaluate your efforts in writing article about crypto wallet.
Phishing is user's problem, it means that they are careless, forgetful and not with high IQ when it comes to the safety of their money... But the actual problem is that exchanges suggest people to save their money on exchanges...
People are the weakest link in the entire security chain, because how do you explain giving someone a super secure cryptocurrency storage device, explaining what a backup is and how to keep it - and then he sends that same backup to a complete stranger on Telegram who promised to double the amount which has in its crypto wallet.
As for crypto exchange, again would add that the people who work there are the greatest risk, because most of the hacks are actually inside jobs - and of course crypto exchanges will not promote the idea of "not your keys, not your coins", it is not in their interest because of the liquidity they want to have.
Appreciate your efforts to share knowledge as newbies will find it useful, I have read your complete blog and it's crisp and clear. I would request you to add some more point about the importance of private keys and passphrase as if you are using wallets like blockchain and forgot your password it's impossible to retrieve password without the phrases.
First of f all to be extremely attentive before clicking some websites or services, do not keep your data, seeds and keys via email, online messenger or something like that. Do not hold all your assets in one and the only place, do not keep all assets on exchanges even in case they are trustworthy and so on and so on. Everything is really very simple.
Went through the article. At first glance I thought you were about to start talking about DeFi crap (most of them are here for scamming. Already few of them have started to exit scam!), but glad you didn't. Your article says how to "securely" store bitcoin, but looks like you started to talking about different kinds of wallets that are available. You fail to mention how some of the wallets are not secure. Like in case of hot wallet, you just say that they "lack in security". In what way? How are cold wallets more superior?
The end portion kinda felt like you were advertising for hardware wallets.
Maybe add more about how to "secure" your wallets by talking about issues with different kinds of wallets.
The end portion kinda felt like you were advertising for hardware wallets.
Maybe add more about how to "secure" your wallets by talking about issues with different kinds of wallets.
The best way to secure your bitcoins or any other cryptocurrency is with a hardware wallet.
Exchanges have their role, but keeping your coins safe is not their main business.
Leave the amount of coins necessary to operate on the exchange and keep the rest safe in a wallet.
^ It is quite safe but it is the same vulnerable from the hack, why? Because upon opening your hardware wallet, you need a wallet application that comes from your device and can be trusted to open your hardware wallet. Any wallet can be vulnerable but if you have knowledge on how to secure your bitcoin safe, then you will be fine. Nevertheless, if you know how to create a paper wallet, that is better of all. But if you are a newbie in making on it. It is very crucial for you because making a paper wallet is very sensitive. However, I appreciated the article it is a good suggestion but hopefully, OP did not shill this website. Exchanges have their role, but keeping your coins safe is not their main business.
Leave the amount of coins necessary to operate on the exchange and keep the rest safe in a wallet.
The best way to secure your bitcoins or any other cryptocurrency is with a hardware wallet.
Exchanges have their role, but keeping your coins safe is not their main business.
Leave the amount of coins necessary to operate on the exchange and keep the rest safe in a wallet.
Exchanges have their role, but keeping your coins safe is not their main business.
Leave the amount of coins necessary to operate on the exchange and keep the rest safe in a wallet.
If you have a lot of assets, you should store it in a really safe wallet, for example, trezor, because now many hackers are targeting crypto players, so the security of the wallet is very important. incidentally my assets are only a few so I only trade on the exchange and the results I immediately changed to fiat.
The article mentioned three wallets. Metamask, Ledger Wallet and Trezor. There are other two hardware wallets that I know KeepKey and Coldcard. I haven't used any of those but they're also being suggested in some websites like bitcoin.org.
Im holding my bitcoins to my trusted wallet and Im sure it safe and all the details will not see the others except to me.
Did you just said bitcoinS? you're better holding that with a hardware wallet.
Im holding my bitcoins to my trusted wallet and Im sure it safe and all the details will not see the others except to me.
but how are you sure?
you are using a wallet that to my understanding from the research i did is closed source. so you have no way whatsoever to know if your funds are safe and not being broadcasted to the wallet creators or worse.
I think it will be very interesting having such article so that it will enable people to protect their crypto without lost, hoping that the article will yield positively in bitcointalk community, especially the new users and even in general, irrespective that Scam's, hacker will also have their own method of decoding everything from their own article as we are trying to derives a way to protect or secure our wallet's due to avoid of Penetration of unknown user to access our wallet, Shall it's really a welcomed development if really it will as expected.
It is good and very helpful that you created a article about how to secure your bitcoin. We know there is a lot of hackers who wants to stole our bitcoin so we need to keep our coins to avoid losing it .
Hackers is smart they will know how the others people get the identity they use different ways to get the details of the wallet so we really needed to know what to do to our wallet , where we save it and how we can sure that our wallet is really safe.
Im holding my bitcoins to my trusted wallet and Im sure it safe and all the details will not see the others except to me.
Hackers is smart they will know how the others people get the identity they use different ways to get the details of the wallet so we really needed to know what to do to our wallet , where we save it and how we can sure that our wallet is really safe.
Im holding my bitcoins to my trusted wallet and Im sure it safe and all the details will not see the others except to me.
The general opinion is that the less safe way is to keep your coins online (online wallets, crypto exchanges) because there is always the possibility of phishing (that you enter your login details in the fake site) and of course hacking such services can happen at any time. But if we take the example of a large number of Electrum desktop users who have fallen victim to very wise phishing (via original wallet) then we confirm the fact that ignorance of what we use poses the greatest danger.
Phishing is user's problem, it means that they are careless, forgetful and not with high IQ when it comes to the safety of their money. Phishing in this case looks like paying of $150 in Abibas instead of Adidas. If you are so careless, then nothing can help you. But the actual problem is that exchanges suggest people to save their money on exchanges, for example, Binance often suggests that and people usually consider their advice. Then it happens as these exchanges get hacked and money is stolen from users accounts and in most cases they don't plan to compensate the lost money.I love the slogan: Not your keys - not your coins!
I have not used metamask wallet before, but I think it does not have any support for bitcoin? Please, correct me if wrong. If it does not have any support for bitcoin, I do not think it should be included if the title of the topic is 'How to securely store your Bitcoin', this is about bitcoin article and not about ether, ethereum classic or ERC20 tokens. I think blockchain wallet, or any other web wallet that support bitcoin will be good this as an example.
You are right, metamak has no support for bitcoin and in general metamask is a wallet for ether, maybe it is WBTC, lol. If this discussion leads to the security of Crypto assets it might be worth posting it on the altcoin discussion board. So determining the safest place for storing Bitcoin varies base on the level of user knowledge on crypto currency.
All the wisdom is actually in this sentence, because if someone does not understand some basic things, the safest crypto wallet is in vain because sooner or later they will make a cardinal mistake.
Of course, the best crypto wallet is the one where the user has full control over his private keys, which in combination with adequate knowledge protects that user from all threats that may come from the Internet. This means that they will not fall victim to phishing, that they will not store their seed or private key in an inadequate way (online, e-mail, on PC as text file, on a piece of paper on work desk), or that they will share such information at any time with anyone unknown (stranger on social network).
The general opinion is that the less safe way is to keep your coins online (online wallets, crypto exchanges) because there is always the possibility of phishing (that you enter your login details in the fake site) and of course hacking such services can happen at any time. But if we take the example of a large number of Electrum desktop users who have fallen victim to very wise phishing (via original wallet) then we confirm the fact that ignorance of what we use poses the greatest danger.
Bitcoin can be stored on various types of wallet Hardware wallets
Software wallets
bitcoins are stored in a wallet—a digital wallet. The digital wallet can be hardware-based or web-based. The wallet can also reside on a mobile device, on a computer desktop, or kept safe by printing the private keys and addresses used for access on paper. But most importantly never store your bitcoin on exchange for long and never share your private keys.
Software wallets
bitcoins are stored in a wallet—a digital wallet. The digital wallet can be hardware-based or web-based. The wallet can also reside on a mobile device, on a computer desktop, or kept safe by printing the private keys and addresses used for access on paper. But most importantly never store your bitcoin on exchange for long and never share your private keys.
There are plenty of ways to store your bitcoin. You can either store it in a hardware or software wallet.
Neither hardware nor software wallet store bitcoin. Both of them are the stuff to "say Hello" to blockchain's UTXOs relevant to private keys they hold and to control those UTXOs. Bitcoin security storage is not about the type of wallet but rather about the number of interconnections between neurons in the brain. One can lose his bitcoin even if him using a cold wallet. Such cases have already been reported here on the forum.
storing Bitcoin is good in cold wallets or in ledgers, trezors, and some other decentralized wallets, such as Metamask,
don't let you store Bitcoin in a wallet exchange, it's very high risk of losing your assets, believe me,
Oh and the article is pretty good I like it and agree with you, thank you
don't let you store Bitcoin in a wallet exchange, it's very high risk of losing your assets, believe me,
Oh and the article is pretty good I like it and agree with you, thank you
I usually agree on this kind of statement if the user has an advance knowledge on crypto security. But to be fair, there's some pros on using custodial wallet like exchange especially for newbie. It's easy to setup 2FA, SMS and Email security on exchange account rather than storing private key and using it to access non custodial wallet.
On exchange, there is insurance on funds in case exchange suffer from hacking that just ike what happened on binance and kucoin.
So determining the safest place for storing Bitcoin varies base on the level of user knowledge on crypto currency.
There are plenty of ways to store your bitcoin. You can either store it in a hardware or software wallet.
Wherever you store them just remember their private key or passphrase to access them. This is the most important thing to do, if you lost this or give this to someone else then your bitcoin can be stolen or it will be stuck there forever. I've been using wallet apps such as coinomi and electrum for the past 6yrs and so far I haven't lost any bitcoin yet without my awareness.
Wherever you store them just remember their private key or passphrase to access them. This is the most important thing to do, if you lost this or give this to someone else then your bitcoin can be stolen or it will be stuck there forever. I've been using wallet apps such as coinomi and electrum for the past 6yrs and so far I haven't lost any bitcoin yet without my awareness.
storing Bitcoin is good in cold wallets or in ledgers, trezors, and some other decentralized wallets, such as Metamask,
don't let you store Bitcoin in a wallet exchange, it's very high risk of losing your assets, believe me,
Oh and the article is pretty good I like it and agree with you, thank you
don't let you store Bitcoin in a wallet exchange, it's very high risk of losing your assets, believe me,
Oh and the article is pretty good I like it and agree with you, thank you
Thank you for the article the key to secure the bitcoin in the wallet is either to store them in a hardware wallet where no one can access them online or use the 2factor authentification on the wallet that provides maximum security.
Great article but I think many newbies will appreciate it if you posted it to Beginners & Help since most of the newbies are into that section. There's an option at the bottom that you can move it to that section if you really wanted to newbies to read it.
I've found a lot of articles like this, not one of them (at least I don't find it yet) deep dive into the steps of securing the backup, and so on. The main goal is probably trying to get a good SEO score so they can show up on Google search list.
I have not used metamask wallet before, but I think it does not have any support for bitcoin? Please, correct me if wrong. If it does not have any support for bitcoin, I do not think it should be included if the title of the topic is 'How to securely store your Bitcoin', this is about bitcoin article and not about ether, ethereum classic or ERC20 tokens. I think blockchain wallet, or any other web wallet that support bitcoin will be good this as an example. 
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
That article, easy to get from internet searches, I thought the topic of a safe wallet for storing bitcoins, oh, it turns out how to store it.Let me know if you have any questions or comments on the article!
I often see the same topic in this forum, I'm not sure whether the article was followed or not.
Example:
• Topic: GUIDE: Securely storing large amounts of bitcoin (brain wallet/paper wallet)
• Topic: Best way to store Bitcoin safely ?
• Topic: How to keep the BitCoins Safe?
• Topic: Securely Generating Bitcoin Addresses for Users
I think the percentage is very little to read and do as said in the article, generally, people keep their Bitcoin safe depending on where they invest, because we have a community all over the world, so different countries and exchanges have different ways of doing security.
Also, I do not see any reason for metamask wallet or DeFi to be included if truly you want the article to fit into this board.
To be fair, the article more or less explains that MetaMask and other web wallets are not reliable when it comes to protecting your funds. But the overall direction of the article is just describing which hardware wallet is good for newbies.I've found a lot of articles like this, not one of them (at least I don't find it yet) deep dive into the steps of securing the backup, and so on. The main goal is probably trying to get a good SEO score so they can show up on Google search list.
How to securely store your Bitcoin should completely or accurately be about privacy and security, but your article is more for beginners to just know about bitcoin wallets. Also, I do not see any reason for metamask wallet or DeFi to be included if truly you want the article to fit into this board. In my opinion, you do not really specify on privacy, security and safety which should be your focus. Exodus wallet has never been a recommended wallet on this forum as well.
Nice article. A good read for newbies.
But I'm expecting you should also highlight those desktop wallets, even with basic information, just as what you did on the Metamask extension and not just mentioning them.
And since the subject is security and the target audience are newbies, might as well add some pointers about ways to secure an account on an exchange site or trading platforms.
But I'm expecting you should also highlight those desktop wallets, even with basic information, just as what you did on the Metamask extension and not just mentioning them.
And since the subject is security and the target audience are newbies, might as well add some pointers about ways to secure an account on an exchange site or trading platforms.
Hi Everyone,
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
Since there will be a lot of new investors coming into the crypto space in the coming weeks. I wanted to make sure I publish an article about how to properly secure your Bitcoin.
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.
What Is A Crypto Wallet? How To Securely Store Bitcoin
Let me know if you have any questions or comments on the article!
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