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Topic: Protecting your coins. - page 2. (Read 1290 times)

sr. member
Activity: 342
Merit: 250
March 05, 2014, 02:27:45 PM
#3
What about cold storage paper wallets? Give them a search if you've never heard. That's probably the safest and most secure way.
legendary
Activity: 1722
Merit: 1000
March 05, 2014, 02:25:32 PM
#2
Opinions?  Most IRL people I talk to about bitcoin are in utter amazment when I create a new folder and create a new text document in it...  This is the computer skill I am mostly surrounded by :S, so I don't really have anyone IRL to help me out.. Hence me asking silly questions.

I've read about doing the paper wallet thing but it's always nice to actually talk to people about it.

legendary
Activity: 1722
Merit: 1000
March 05, 2014, 01:59:48 PM
#1
Here is a situation of how some coins are protected.. I'm wondering if they are protected at all :S.

Format laptop.
Download wallet on laptop.
Send coins from desktop to laptop.
Encrypt wallet.
Back up wallet file on External hard drive + usb
FOrmat laptop

How secure is this method of storage?
Any recommendations on changes to this method?
Should I still be printing off my private key?
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