Pages:
Author

Topic: How to take keep your BTCs 100% safe? (Read 1264 times)

hero member
Activity: 2926
Merit: 640
September 13, 2017, 05:53:20 AM
#51
I have two accounts on Blockchain.info. I'd like step by step instructions preferably to how I can keep my current + future coins 100% safe from hacks, forgetting password, authorities shutting down the wallet etc. Seems like authorities can shut down any site they like (recent example btc-e). If I back up my private keys or something like that, maybe then I'll never lose the coins even if I forget Blockchain.info password or if it gets hacked or shut down etc. Right?  I'm not sure how it's all done. Please advise.
Yes you are 100 percent right. One should have more than one account. The most fear thing is that not only hackers but the site owners also shut it down or Bloch their site without any reason. So having two or three different account on different sites and keep not all the bitcoin in one wallet but in all the wallets you has then you will be safe not 100 percent but enough. No one can give you the tips of 100 percent bitcoin security.

Preferably after hearing so much hacking and closing of some web wallets many will surely take an interest with your bitcoin there is no such 100% secure wallets when it comes to web wallets if you want a secure one you can surely get a cold storage that is surely the most secure part to keep your bitcoin but OP is saying about the private keys or password that he can forget then don't use bitcoin and just convert all of your bitcoin to fiat, because you need a multiple account so you can not lose all of your earn bitcoin, maybe a portion of it but not all. but hey it is a coincidence that you can surely lost your bitcoin.
If your Bitcoin is stored in a web hosted wallet that allows users to register an account, then I don’t think “forgetting password” will be an issue to worry about, because you can always retrieve it with your email. For hack, I would say you should make use of different addresses in receiving payments, activate 2 factor authentication, and also use a password that’s difficult for someone to come up with. These doesn’t guarantee 100% safety, but they can help in some ways.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
September 11, 2017, 03:36:28 PM
#50
Online wallets are never safe especially when they're on exchanges. The best is hardware wallets or paper wallets but they're also not 100% secure. Better is to use an old Android device, configure it once, get all the back ups and use it as a cold storage.

I never use online wallets since they're not even 1% safe, one exploit, and all of your funds can be gone. I use trezor, plus metal phrase keeper plus a swiss locker for the metal phrase keeper.
Does the metal phrase keeper worths it's price? If you engrave/scratch it into a piece of metal label (like dog-tag for the millitary troops), it also can hold your seed safe, and also fireproof (waterproof, shockproof, etc Smiley
 ) You also won't need the swiss locker if you change the order at least two words in the seed, just remember the original order...
newbie
Activity: 20
Merit: 0
September 11, 2017, 09:23:16 AM
#49
1st :Be careful with online services.
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.

2nd:Small amounts for everyday uses.
A Bitcoin wallet is like a wallet with cash. If you wouldn't keep a thousand dollars in your pocket, you might want to have the same consideration for your Bitcoin wallet. In general, it is a good practice to keep only small amounts of bitcoins on your computer, mobile, or server for everyday uses and to keep the remaining part of your funds in a safer environment.

3rd:Backup your wallet.
Stored in a safe place, a backup of your wallet can protect you against computer failures and many human mistakes. It can also allow you to recover your wallet after your mobile or computer was stolen if you keep your wallet encrypted.
hero member
Activity: 650
Merit: 500
September 10, 2017, 05:32:32 PM
#48
I think that the best way to keep our bitcoins safe is by having them on an offline wallet. I dont have one, but most part of my bitcoins is stored on Blockchain.info wallet, and all my tokens are stored in MyEtherWallet, i think this is the most safest way to protect our coins from any hack.
The only way to be hacked is by sharing our private key, so if that happens, it would be our fault.
sr. member
Activity: 434
Merit: 250
September 10, 2017, 05:28:01 PM
#47
You should just keep your private keys safe. Be aware of phishing links. As long as you are the only owner of your private keys you are the only owner of our coins.
You are right, If we just keep our private keys safe we will be safe from hacking. I mean by safe that's mean your private keys will should be in your mind or in a paper in your home,  Try to don't save your private keys in your PCs because it can be hacked and the hacker can access to your keys and steal all your funds, So we should always be careful.
sr. member
Activity: 460
Merit: 254
September 10, 2017, 12:45:18 PM
#46
The most secure wallets are those that do not have Internet access, virus / Trojan-free.
 
Upon entering the site, we will immediately generate our unique bitcoin address with a QR code and our private key based on which we can recreate our bitcoin address if it is lost.
 
If we lose our bitcoin address we go to the "Wallet Details" tab and enter our private key.
 
If you want more addresses, go to the "Paper Wallet" tab, set the number of addresses, generate and print.
Such addresses and private keys can also be saved on encrypted data media or always with you holding, for example, a photo on the phone (avoid keeping private key which is secret).
Whenever I suggest my friends to use bitcoin at the first they ask me about the security of the bitcoin then the talk about the process to use it so I mean to say keeping bitcoin save is the most important thing. A lot of hardware wallets are available as a lot of people are using the block chain and the online wallet for this purpose as one of my friend is using ledger Nano 5 and some other so try to use any online wallet it will help you.
full member
Activity: 694
Merit: 108
santacoin.io
September 09, 2017, 01:10:27 PM
#45
The best way to save your bitcoin safe is to use offline wallet e.g. Trezor or Ledger nano wallet. With offline wallet you can save your private keys safe.
full member
Activity: 630
Merit: 100
September 09, 2017, 01:00:24 PM
#44
Yes we can keep safe bitcoin 100%. First download bitcoin Wallet. then this find recover all block from since bitcoin is running till today after the update all block encrypt wallet and make a solid password. After that create backup file and it to secure place. Remember this password and backup file is you asset. Now you can transfer your bitcoin here in this wallet and your bitcoin is always at your pc.
hero member
Activity: 658
Merit: 505
September 09, 2017, 10:13:41 AM
#43
First of all there is no such thing as 100% safety, certain risk will always be present but you can try to minimze it as much as you can. That means that you should avoid web wallets which are to my opinion the most vulnerable and another thing good to avoid is keep the coins on exchangers, except the amount you want to trade. And never reveal your private keys to anyone.
sr. member
Activity: 686
Merit: 282
September 09, 2017, 10:10:43 AM
#42
The most secure wallets are those that do not have Internet access, virus / Trojan-free.
 
Upon entering the site, we will immediately generate our unique bitcoin address with a QR code and our private key based on which we can recreate our bitcoin address if it is lost.
 
If we lose our bitcoin address we go to the "Wallet Details" tab and enter our private key.
 
If you want more addresses, go to the "Paper Wallet" tab, set the number of addresses, generate and print.
Such addresses and private keys can also be saved on encrypted data media or always with you holding, for example, a photo on the phone (avoid keeping private key which is secret).
full member
Activity: 280
Merit: 108
September 09, 2017, 10:08:45 AM
#41
You should just keep your private keys safe. Be aware of phishing links. As long as you are the only owner of your private keys you are the only owner of our coins.
legendary
Activity: 1190
Merit: 1002
September 09, 2017, 10:00:37 AM
#40
What ever security option you take keeping bitcoins in web wallet is not safe as you dont have private key for your address and if the site gets hacked then all accounts also get hacked and in that no one can help you. so it is better that you can use hardware wallet like ELECTRUM which is lite and secure and you have full control of your address as you will have posses of private keys of the address. and you can use the coins anywhere as some web wallet dont allow their users to use the bitcoins in gambling site and they ban the account without informing it also.
hero member
Activity: 1274
Merit: 513
September 09, 2017, 09:49:03 AM
#39
If you have a lot of bitcoin its bettet if you use different wallet to keep it because if you save only to 2 wallets and same wallet and what if that wallet down you cant use your bitcoin. Unless you have more than 3 wallet and different website you can use your other wallet even 1 wallet shut down . Always remember your password set 2fa so you can make sure that your bitcoin is always safe.
hero member
Activity: 910
Merit: 500
September 09, 2017, 09:35:42 AM
#38
it depends on usages you plan to , if you want to keep bitcoin safe for longer time never use Blockchain or any online wallets only use offline wallet or paper wallet .otherwise divide planned BTC for online use and offline long term period.
member
Activity: 92
Merit: 10
September 09, 2017, 09:26:40 AM
#37
My vote is for using a paperwallet.  They have paperwallet creators, and you download the website and can use it like an app offline to generate a paper wallet.
full member
Activity: 197
Merit: 100
September 09, 2017, 09:25:41 AM
#36
Online wallets are never safe especially when they're on exchanges. The best is hardware wallets or paper wallets but they're also not 100% secure. Better is to use an old Android device, configure it once, get all the back ups and use it as a cold storage.

I never use online wallets since they're not even 1% safe, one exploit, and all of your funds can be gone. I use trezor, plus metal phrase keeper plus a swiss locker for the metal phrase keeper.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
September 09, 2017, 09:23:23 AM
#35
Online wallets are never safe especially when they're on exchanges. The best is hardware wallets or paper wallets but they're also not 100% secure. Better is to use an old Android device, configure it once, get all the back ups and use it as a cold storage.
sr. member
Activity: 532
Merit: 250
September 09, 2017, 09:10:23 AM
#34
I have two accounts on Blockchain.info. I'd like step by step instructions preferably to how I can keep my current + future coins 100% safe from hacks, forgetting password, authorities shutting down the wallet etc. Seems like authorities can shut down any site they like (recent example btc-e). If I back up my private keys or something like that, maybe then I'll never lose the coins even if I forget Blockchain.info password or if it gets hacked or shut down etc. Right?  I'm not sure how it's all done. Please advise.
If you want to secure your bitcoins, the best way to do is store it in trusted wallets like coinbase. My bitcoins are in coinbase because I know that all of my bitcoins will become safe in coinbase.
Well, if you want to keep your bitcoin safe you should store your password and privatw key in safe place. In addition to that, try to use 2fa to totally secure your bitcoin. You can also use online or offline wallet to keep bitcoin safe and secure. Lastly, I think you should put it in safe place.
full member
Activity: 195
Merit: 100
"Proof-of-Asset Protocol"
September 09, 2017, 08:54:47 AM
#33
I have two accounts on Blockchain.info. I'd like step by step instructions preferably to how I can keep my current + future coins 100% safe from hacks, forgetting password, authorities shutting down the wallet etc. Seems like authorities can shut down any site they like (recent example btc-e). If I back up my private keys or something like that, maybe then I'll never lose the coins even if I forget Blockchain.info password or if it gets hacked or shut down etc. Right?  I'm not sure how it's all done. Please advise.
There are many online wallets that are really safe to store our bitcoins. Coinbase is the best example of the safest wallet that we can use in order to save our bitcoins. I always using coinbase because I know my bitcoin is safe there.
full member
Activity: 378
Merit: 100
September 09, 2017, 08:13:19 AM
#32
to store 100% secure bitcoin I still do not know, but I've activated google authenticator, and also email confirmation every login and transaction. in my opinion it's safe enough, there might be input from another safer way to store bitcoin
Pages:
Jump to: