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Topic: Safest way to keep bitcoins? - page 41. (Read 18439 times)

member
Activity: 322
Merit: 10
November 06, 2017, 11:39:36 PM
Cold storage with a hardware wallet may be the safest way, but be careful when it's lost or damaged, and it's a big hassle.
full member
Activity: 336
Merit: 154
November 06, 2017, 11:37:07 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.
sr. member
Activity: 979
Merit: 258
November 06, 2017, 11:26:54 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
newbie
Activity: 3
Merit: 0
November 06, 2017, 10:21:57 AM
As I skilled, to keep your bitcoins in most secure way is to put it on a wallet that you possess a personal key in any software program wallet. But the main safetiest and secured pocket book is really a equipment wallet which is Trezor. Viruses also cannot enter trezor.
full member
Activity: 210
Merit: 100
November 04, 2017, 05:41:32 AM
According to me bitcoin wallets like xapo mycelium  are the safest place to store ure bitcoins, XAPO provides a vault to keep it extra safe
In case you loose your account you should try for a typical cold storage .
full member
Activity: 242
Merit: 100
“Blockchain Just Entered The Real World”
November 04, 2017, 05:21:03 AM
store in wallet and make. you must save in offline too.
actually, every trusted wallet is save but all mistake will did by people it self. like you open link scam, or forgot your password. as far you careful with what you have, its save
full member
Activity: 322
Merit: 100
November 04, 2017, 05:16:12 AM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Me and me friends just used the normal type of wallet. An application in a mobile device and so far we do not have some issues involving hackers and losing money or account in this application. It is pretty much secured because my friends are here for almost years but me I am just getting started but they never had a history involving that kind of thing. And for me to be fully secured always change your password or something like that. And you can always withdraw your money to be 100% secured but for me just trust them.
full member
Activity: 840
Merit: 188
November 04, 2017, 03:26:20 AM
One more to keep your bitcoins is install full client like bitcoin core, then encrypt your password.
2 Create usb flash drive with text document where put your paswword, and stay usb drive allways offline.
3 For transaction use copy past password from usb, this protect you from keyloggers
Yes, those way are good. We need to keep bitcoin in hardware wallet then make it not connected to internet connection because hackers can steal bitcoin if they have access to computer where we store bitcoin although only through internet connection. But it doesn't mean that online wallet is not secure, we can use 2fa that will make our wallet safer
full member
Activity: 714
Merit: 104
November 04, 2017, 03:16:13 AM
One more to keep your bitcoins is install full client like bitcoin core, then encrypt your password.
2 Create usb flash drive with text document where put your paswword, and stay usb drive allways offline.
3 For transaction use copy past password from usb, this protect you from keyloggers
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
November 04, 2017, 03:14:01 AM
COLD STORAGE! COLD STORAGE! COLD STORAGE! An offline wallet cannot be accessed and consequently hacked.

I agree that cold storage is the best way. For newbies, electrum could be the best option.
You can store your coins in cold storage and all you have to do is save the seed in a safe place.

agree cold storage still best choice , a lot of investor safe their bitcoin in cold storage and its so long time

cold storage also minimize risk about hacking from hacker
Cold storage gives an increased security for the holdings whereas it doesn't provide with the ease of usage same as the online wallets. Another thing is that it's good to use the wallets that has gained good reputation than the new ones similar to bit.ac which ran away scamming lot of users.
sr. member
Activity: 619
Merit: 250
November 04, 2017, 03:10:30 AM
COLD STORAGE! COLD STORAGE! COLD STORAGE! An offline wallet cannot be accessed and consequently hacked.

I agree that cold storage is the best way. For newbies, electrum could be the best option.
You can store your coins in cold storage and all you have to do is save the seed in a safe place.

agree cold storage still best choice , a lot of investor safe their bitcoin in cold storage and its so long time

cold storage also minimize risk about hacking from hacker
member
Activity: 336
Merit: 10
November 04, 2017, 02:54:23 AM
Yes the safest way to keep bitcoin is the wallet..already trusted by all people and a very fast to transact business Kiss Smiley
newbie
Activity: 3
Merit: 0
November 04, 2017, 02:47:59 AM
Dont tell anyone your account or password to keep safe and dont scam Smiley
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
November 04, 2017, 12:28:56 AM
Earlier I was thinking that the safest way to store Bitcoins was in hardware wallets (Ledger, Trezor.etc). But a few days back, I came across a news article in which a guy was saying that he lost some $40,000 worth of coins after he forgot the PIN. If something like that happens, then all of my coins will be gone and I don't want that to happen.
newbie
Activity: 53
Merit: 0
November 04, 2017, 12:27:15 AM
put in ledger wallet. hardware wallet the safest
full member
Activity: 532
Merit: 100
November 04, 2017, 12:26:28 AM
For me the safest to keep bitcoin is coins.ph wallet where i can also cash out thru bank or remittance center and automatically convert into fiat. I have no problem encountered since i used it. Easy to use and transact in a minutes of time only.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
November 03, 2017, 11:52:44 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Mostly online wallet is really prone to hacking and we all know that but the best thing is you should have a hard wallet that has a private key that you could store. Mostly of my friend now they have a trezor they store they bitcoin they and other is they store it in electrum that is very safe in that wallet. Though I do prefer not storing big amounts of bitcoins
The safety way to keep your bitcoins if you have trusted bitcoin wallet, since bitcoins are a modern equivalent of cash and, every day, another merchant starts accepting them as payment. We know how they are generated and how a bitcoin transaction works, but how are they stored? We store fiat cash in a physical wallet, and bitcoin works in a similar way too.
hero member
Activity: 1498
Merit: 586
November 03, 2017, 11:36:29 PM
that's what I've ever felt so I've lost the bitcoin value because of my neglect of not using strict security so make sure you must have a strict security code to avoid hacking. our enemy is just a hacker!!!!
I think the safe way to keep bitcoin is through your wallet. First select a strong password  for your wallet, second use 2 factor to authentication to reduces the risk from theft, and last make a back up to your bitcoin wallet to protect from computer failures and human mistakes.
sr. member
Activity: 616
Merit: 262
November 03, 2017, 11:32:04 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Just put it in a hardware wallet so that it is not connected online and you can avoid hackers to access your wallet. You can choose Trezor or Ledger Nano Wallet as far as I know many people are using it. You can also choose to designate a certain gadget or laptop/PC exclusive for cryptocurrencies transactions and do not connect it online if you are not using it. Always have back up of your passwords, private key offline so that in case you lost it, you can still access your funds.
sr. member
Activity: 434
Merit: 252
November 03, 2017, 11:27:58 PM
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!

Buy and use a Trezor for secure storage and reasonably easy access to your stored coins.
Keep a little spending money in a hot wallet on your phone. I personally use Blockchain.info
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