Safest way to keep bitcoins? - page 40.

The Alchemlst

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Quote from: ICOBank on June 13, 2017, 10:51:36 PM

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

The safest way would be offline wallets but it is not recommended if you are always transacting from time to time and with time constraint schedule. Best you do is to double your security and do not use public computer as much as possible. Also stay away from websites that ask for your information specially your private key and other personal datas. Make backup files from isolated email address the one you don't use from any websites so you lessen the risk of it being hacked.

rathaha10

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Install your wallet at a new laptop/pc. This will give you 100% safety and only use that laptop for bitcoin only. This is a way to give hackers no chance. You can game and do other things on the other laptop you are using. I know a friend who uses this method he has never been hacked so this is actually working. One more tip use a offline wallet that gives you the private key and the files this is better because if you use a online wallet and the site gets hacked someday it will be stolen and your coins will be gone. Stay Frosty !

Redanim

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Most reliable place has always been and will be usb device. Hacking and other methods of fraud not standing still, they can get in your computer at any time if they will want, so I advise you to store all important data, including account data from your bitcoin account in your usb device.

Luther omega

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Safest way to keep bitcoin dnt give ypur private key. no one can open you wallet whithout your key , another way if you have alot of btc you can store in cold wallet but you can't widrow often.it's keeping in the long term.

DrGuns4Hands

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You must have a perfect storage of yours. Storage that no one can knows and has a high security on it. And you must take notes for you to remember anything that you need.

saqibmunir

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Quote from: ShaIIowYeti on November 07, 2017, 03:40:22 PM

To all those who swear by paper/hardware wallet, how can you then store and secure it? It seems to me you are solving the chance of hacking but introducing the risk of dropping it/becoming stolen in a traditional way.

People like to complicate to themselves life. Why? For me the easiest way to store bitcoins is an online wallet with 2 factor authentication. You can always restore access and it is very difficult to crack. you can also store this by making paper wallet offline.but i think paper wallet is not that safe.you can also keep them in usb or in hardware disk..

2taps

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Quote from: Restmand on November 06, 2017, 11:26:54 PM

Quote from: ICOBank on June 13, 2017, 10:51:36 PM

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

There's many way to keep you bitcoin safe. Like in the software,hardware .there's many site too. But if i asked i prefer the offline wallet or what we called Cold Storage because ita have an traits and it gain my trust too.when i start using it there# no encounter problem about having an lost bitcoin or about the hacking. It have an tight and dage securities among the others online wallet or other sogtware so im mself my safe way to keep botcoin is put it into cold storage

I think that the best way to keep your bitcoins is to put it in a online wallet like blockchain or myetherwallet. Those 2 are the wallets i use myself and are pretty good.
I did not have any problem with them so far and the good thing is you can cash out whenever you want.

Mike Mayor

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Quote from: ZENC on November 06, 2017, 11:37:07 PM

Quote from: ICOBank on June 13, 2017, 10:51:36 PM

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

The safest way to keep bitcoin is in your computer itself encrypted with a password and keeping it in a secure offline computer except when conducting transactions. For someone with a little more technical knowhow creating and storing wallets on a fully offline and encrypted usb with multiple copies is the safest bet.

Why not just use a paper wallet then? Unless it is not for long-term savings and to spend from then you idea is good. So you only go online during transactions and also don't forget to update your antivirus and anti malware while you at it. This will be fine as long as you keep your backups safe. The only way someone will steal from you then is by getting your backups or with a virus. Since you don't use the PC much and keep it offline a virus is not likely so therefore it is the backup locations that are at risk. Just keep them offline. Keep a private key printed out and kept in your room and another somewhere else. Then you have your digital backups but your private key printed on paper is your ultimate protection. You shouldn't need it. It is just there in case something really had happens to your files or something.

tom101

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The safest way to store bitcoin is somewhere where its presence is unknown to many people or personal wallet, The wallet must have special security by using a secret password that is not easily known even only us who know the password and only we can open the wallet.

jityap

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Here we number of wallets to keep bitcoins in the Safeway,bitcoin hackers can easily hack the wallets,so we have to protect wallet with fingerprint and make strength of security codes can make good protection to our wallets.

Criptolog90

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I think the safest way is set up an offline computer an maybe with linux operating system.

JayT22

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Privacy is freedom!

i keep my bitcoins save(long time hodln) with splitting them to several offline generated paper wallets.
never had any problems with loosing any coin the last years.

DragonSnake

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Just use a very strong and secure wallet i would recommend block-chain because it has a lot of verification's like mobile and sms it is highly recommended and unhackable i can guaranteed that and way more trust able then downloading a wallet.

djselery

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You need to download a good wallet and keep your private keys safe offline (written in paper for example), take care about your PC or phone and clean ithem from viruses and malwares, use a strong password to access your wallet. This is basically the most needed steps.

TubingSIamming

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Encoded in cold storage space. It will not get safer than that. Also make sure to possess a back-up. If you ensure that it stays with an airgapped pc, be prepared when the pc gets taken or crashes. So keep the seeds or secrets in writing as well.

highcoins

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I believe the safest way to deposit is to get the physical wallet Wink

Ailmand

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Quote from: pooya87 on June 13, 2017, 11:42:55 PM

Quote from: ICOBank on June 13, 2017, 11:29:33 PM

So if i put the Ledger in my computer and with the wallet on my pc i sent it to the wallet on the Ledger usb then they the coins are gone from my computer and stored on the usb?

the coin or bitcoin is not a physical thing like fiat to transfer from one place to another.
a bitcoin wallet is a place to keep they keys. these keys are used to spend bitcoin, bitcoin which exists in form of transaction outputs stored on the blockchain and blockchain is held by every person around the world who is running a full node client.

so in short you keep the keys on Ledger or paper wallet, etc and then use that key for spending which is known as creating a transaction and signing it.

(i hope i didn't make it more confusing)

Actually, the safest way to keep your coins is how safe you keep you addresses and passwords. After all, you are the only one who should know them. Also make sure to choose anot e-wallet that has many safeguards like encryptionsome that would keep your coins safe.

FaithETH

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A trusted wallet is the best way in my honest opinion. Ledger is one of the better ones, small comfortable size, good capacity, and reliable security. Other options are not bad, but you have to be a bit more careful with them.

ShaIIowYeti

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To all those who swear by paper/hardware wallet, how can you then store and secure it? It seems to me you are solving the chance of hacking but introducing the risk of dropping it/becoming stolen in a traditional way.

bololord

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Quote from: ICOBank on June 13, 2017, 10:51:36 PM

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Actually my best way to keep bitcoin secured is using trusted wallet to be honest coin.ph is the best wallet in our country it is so vrry fast to transact and to withdraw i think in mew 100% is not secured so don't give your private key to anyone

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