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Topic: Safest way to keep bitcoins? - page 13. (Read 18442 times)

member
Activity: 596
Merit: 10
March 13, 2018, 12:21:16 PM
I prefer to store their cryptocurrency into cold wallet, now I acquired the Trezor wallet and it suits me perfectly.
newbie
Activity: 42
Merit: 0
March 13, 2018, 11:43:41 AM
I would recommend keeping your coins in a paper wallet. That basically means you print out your public and private keys on a paper copy. That way it's not online and cannot be hacked. Keeping coins on exchanges is okay for trading but I wouldn't do it for long-term holds as exchanges could be hacked. There are also great hardware wallets you can buy like the Nano.
newbie
Activity: 48
Merit: 0
March 13, 2018, 11:40:24 AM
While researching this topic for myself I've found a good recent review of crypto wallets that can be useful to read, in my opinion:https://99bitcoins.com/best-bitcoin-wallet-comparison-review/
I also think that though exchanges now provide high level of security with a cold storage option, for instance, it's better not to keep your tokens long there or in a large volume. Exchanges themselves are at high risk of hacking and other cybercrimes.
So it's better to transfer your funds to the preferable wallet just after the trade.
newbie
Activity: 210
Merit: 0
March 13, 2018, 10:47:13 AM
If you are looking for the safest way to keep your Bitcoins I would suggest you to use a cold storage. This storage cannot be access or hacked since this is an offline storage for for me this the safest way possible for Bitcoin storage.
full member
Activity: 280
Merit: 104
March 13, 2018, 10:26:02 AM
Bitcoin is safe way for the use to save and transaction process. So you will change the password any time and don't share you account information to other people. Don't save your password. Bitcoin is good to use for the saving process. You will gather for the business process. If need to more save you will add your mail ID it will give alait so you will check the account will be active.
member
Activity: 210
Merit: 10
March 13, 2018, 10:24:58 AM
I think the safest way to keep your bitcoin is by using hardware wallet.
In any case, you have to keep private key in safe. Hacker always seek loopholes in order to steal Grin
member
Activity: 144
Merit: 15
March 13, 2018, 10:18:42 AM
Having it in a Cold Storage is presumably the most secure way. I recommend that you utilize an equipment wallet. You can get them in the commercial center. Cases of some are Trezor or the Record nano. I myself claim the Record nano. I would prescribe it to you. It is maybe, the most secure technique, in the event that you are cautious when taking care of it.
jr. member
Activity: 54
Merit: 10
March 13, 2018, 10:18:24 AM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
Keeping your bitcoin safely is very important. There different wallets available that I think is reliable when it comes to keeping your coins. There are also hardware wallets like ledger or trezor where you can keep your bitcoins in your hands. No one can access your account as long as this hardware is not plugged in. Any wallets will do, its just a matter of keeping your account properly and having extra careful when logging into different websites.
full member
Activity: 350
Merit: 100
March 13, 2018, 10:14:01 AM
hardware wallet is the great idea to save your bitcoin and other crypto, its mean that you will keep your bitcoin into hardware, you just need to save it carefully becaus if not you will broke or lose your hardware wallet and makes your assets can't accessible again
newbie
Activity: 204
Merit: 0
March 13, 2018, 09:52:58 AM
Hardware wallet, they are not cheap but  they're safe which is why they are so expensive. Particularly when you have a large stash you're holding, it's safer to have them in hardware wallets and hold them there till you're ready to sell them.
full member
Activity: 224
Merit: 105
March 13, 2018, 08:37:33 AM
Using a hardware wallet such as the trezor is the most convenient, safe way to store your coins. Use a cold storage wallet such as armory with an offline PC if you have hardware to spare and don't want to purchase anything new. Either way, keep backups in at least two different locations. Anecdotally more safely stored coins get lost due to lack of backups than due to attacks. And never use online / web wallets as a savings account. Even with 2Factor and strong passwords there are just too many factors that can go wrong.
member
Activity: 546
Merit: 15
March 13, 2018, 08:21:13 AM
Cold storage on external wallets is hands down the best way.
Also wallets who offers keys, a string of words in which you write down and use to login is also very good if you are storing on your desktop
Best way to keep from hacks
Many people think that it is enough to have a complicated password for online-wallet and your bitcoins will be safe. But this is not enough. Therefore, I agree with you. The cold storage that we keep separate from the computer is much better.
newbie
Activity: 127
Merit: 0
March 13, 2018, 07:13:48 AM
Cold storage on external wallets is hands down the best way.
Also wallets who offers keys, a string of words in which you write down and use to login is also very good if you are storing on your desktop
Best way to keep from hacks
member
Activity: 532
Merit: 10
March 13, 2018, 05:46:24 AM
Hardware wallets at this time give a very high level of security for working with crypto-currencies. You can pay only $ 100 to feel completely safe. Do this and you will be very happy.
newbie
Activity: 97
Merit: 0
March 13, 2018, 04:13:53 AM
Since btc is made up of algorithms, I think the best bet for BTC is to put it in a cold wallet, and put it somewhere safe with you.
sr. member
Activity: 623
Merit: 362
March 13, 2018, 04:13:27 AM

If you don't have a lot of bitcoins, i think it is quite safe to keep them in online wallet. Of course if you have more, you should keep them in cold storage. It is not that hard to make one, and it's probably safest way to keep your bitcoins, as long as you don't lose/destroy it.

I really wouldn't recommend you to keep bitcoins in exchange, you probably haven't think of it, but if you did then don't. It's very risky to keep your bitcoins there.
jr. member
Activity: 126
Merit: 2
March 13, 2018, 04:03:47 AM
The safest way to keep your bitcoin is your personal wallet. It depends upon you if large amount of money have the privacy and wallet details are so tight. It will be counite to you. Bitcoin is all ways safe. Don't show the detail to other person. Some booty use your account wrong way. I think that after all, there is some detail about which no one talks and it is dangerous for many.


Yeah I would definitely say at this stage the safest way to store bitcoin is on a hardware wallet and if possible store that in a safe. In future custodian solutions will also become more readily available making it an alternative for crypto companies. 
newbie
Activity: 89
Merit: 0
March 13, 2018, 04:01:45 AM
The safest way to keep your bitcoin is your personal wallet. It depends upon you if large amount of money have the privacy and wallet details are so tight. It will be counite to you. Bitcoin is all ways safe. Don't show the detail to other person. Some booty use your account wrong way. I think that after all, there is some detail about which no one talks and it is dangerous for many.
newbie
Activity: 4
Merit: 0
March 13, 2018, 03:30:14 AM
Def a nano ledger s, lets not get too fancy here
newbie
Activity: 196
Merit: 0
March 13, 2018, 03:28:21 AM
Paper Wallet. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security.
Hardware wallet is also More secure than a desktop wallet is a hardware wallet. These wallets are bits of hardware, external devices like USB sticks which you can carry around on your person. An added benefit of a hardware wallet is the complete anonymity with which you can transact. There is no personal information linked to the hardware, so no identifying data which could be leaked. Hardware wallets are resilient to malware, and if you happen to lose the wallet you'll be able to recover the funds using a seed phrase.
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