Safest way is to use an offline wallet. As long as you have the seed of the wallet and you secure it, you have nothing to worry about. Trezor is not the way to go especially if you're just a newbie. It's expensive and you have to buy it from abroad.
Online wallets are completely unsafe because they can run away any time they like, plus, it's on the Internet, therefore, it can be targeted by elite hackers.
Topic: Safest way to keep bitcoins? - page 55. (Read 18442 times)
Bitcoin can be stored in offline storage and then connect online storage when we have to start transaction to secure a bitcoin locally. Please note that offline and online storage can be manage in different OS.
We store fiat cash in a physical wallet, and bitcoin works in a similar way, except it's ... What you store are the secure digital keys used to access your public bitcoin .... It's a good idea to use cold storage for the bulk of your bitcoin fortune..
We store fiat cash in a physical wallet, and bitcoin works in a similar way, except it's ... What you store are the secure digital keys used to access your public bitcoin .... It's a good idea to use cold storage for the bulk of your bitcoin fortune..
A team of developers working at trezor have been trying to find a weakness in trezor for the past 3 years the only time anyone got close was when a developer that now works for trezor managed to find a part of the seed using an electron microscope , this issue was quickly secured with a firmware update , even then any potential thief would have had to actually have your trezor. It is impossible to ( hack ) a trezor because it is never actually connected to the internet and your private keys never leave the device. To date no one has ever lost any bitcoin or had them stolen while using a trezor.
Regards. Kr
Regards. Kr
I would just recommend you to keep your Bitcoins in different wallets. So that even if one of your wallets experience some problems and you fail to claim your money back then you will still have Bitcoin which you stored in other wallets.
You might have heard about this phrase ' don't keeps all the eggs in one nest' , it's the same case. So this method will secure your money. Also if you divide your money your sum in every wallet will be comparably less keeping you away from the radar of hackers
You might have heard about this phrase ' don't keeps all the eggs in one nest' , it's the same case. So this method will secure your money. Also if you divide your money your sum in every wallet will be comparably less keeping you away from the radar of hackers
What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
There are a lot of ways on how to keep your bitcoin safe knowing that it's not physical money but a cryptocurrency. Having your very own bitcoin wallet is a good way to keep your bitcoin secured. You will have a key here which is your obligation to keep as a secret having no one know it. Make a password also that is strong enough not to be known by anyone. This is one of the best way but if you want a safer one, try trezor and cryptosteel. It makes you invulnerable from hackers. Taken dangers like hacking, losing in to account!
What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Taken dangers like hacking, losing in to account!
Cryptocurrency, Bitcoin or Alt coins were not a physical monetary thing like Dollars or Euro that are used to transfer from one place to another.
A Bitcoin wallet is a secured place that saves all your keys. These keys are used to transact or pass Bitcoin, Bitcoin that exists in the form of transaction outputs stored in the chain of locks and Blockchain is in the wallets of all the users around the world who has running a full node client. The nutshell is responsible to keep the keys in each Ledgers or wallets and then use that key create a transactions.
IMO best way is to have combo like Trezor + cryptosteel.
Trezor gives you access to your coins and make it hard for hackers to steel it.
And cryptosteel is good for storing recovery seed somewhere this one is fire proof and gives nice protection.
Trezor gives you access to your coins and make it hard for hackers to steel it.
And cryptosteel is good for storing recovery seed somewhere this one is fire proof and gives nice protection.
That way it is not bad, but do you know Trezor + cryptosteel has a weakness too, maybe you do not know much and deep about Trezor + cryptosteel
There should be read on some of the widely scattered web, but for that Trezor + cryptosteel was not bad either
Hi. Interesting comments. Pls provide evidence or a link to any weaknesses in trezor. ?
Thanks. Kr
IMO best way is to have combo like Trezor + cryptosteel.
Trezor gives you access to your coins and make it hard for hackers to steel it.
And cryptosteel is good for storing recovery seed somewhere this one is fire proof and gives nice protection.
Trezor gives you access to your coins and make it hard for hackers to steel it.
And cryptosteel is good for storing recovery seed somewhere this one is fire proof and gives nice protection.
That way it is not bad, but do you know Trezor + cryptosteel has a weakness too, maybe you do not know much and deep about Trezor + cryptosteel
There should be read on some of the widely scattered web, but for that Trezor + cryptosteel was not bad either
What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Taken dangers like hacking, losing in to account!
I have two options if I want to save my bitcoin, not have plan to spend at the moment. I will use Papper Address or Cold Storage (Bitcoin Client or Electrum) or hardware like Trezor.
What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Taken dangers like hacking, losing in to account!
I have two options if I want to save my bitcoin, not have plan to spend at the moment. I will use Papper Address or Cold Storage (Bitcoin Client or Electrum) or hardware like Trezor.
What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The safest way to do is to secure you password fo not use personal info as a password because hacker can easily hack it. Choose a wallet that is good for keeping bitcoins. Also keep personal info if youre using online wallets like blockchain.Taken dangers like hacking, losing in to account!
Online web wallet like blockchain.info is really good though for stored your bitcoins online. They are veteran on cryptocoin and maybe the best bitcoin web wallet. It's also safe but keep in your mind that don't download and open something suspicious, it might contain a virus that can hack your wallet.
IMO best way is to have combo like Trezor + cryptosteel.
Trezor gives you access to your coins and make it hard for hackers to steel it.
And cryptosteel is good for storing recovery seed somewhere this one is fire proof and gives nice protection.
Trezor gives you access to your coins and make it hard for hackers to steel it.
And cryptosteel is good for storing recovery seed somewhere this one is fire proof and gives nice protection.
Based on the usage by the user the safest way of having bitcoin into wallets differ. In my personal opinion most of the time I use bitcoin for gambling. For this ready access is a must and based on the same I prefer online wallets and for long term holding hardware wallet is preferred.
Cold storage is probably the safest way. I suggest that you use a hardware wallet. You can buy them in the marketplace. Examples of some are Trezor or the Ledger nano. I myself own the Ledger nano. I would definitely recommend it to you. It is perhaps, the safest method... if you are careful when handling it. If you lose the hardware wallet or break it, then... your Bitcoin is most likely lost.
I agree that cold storare one the safest way to keep your safe and secure. Cold storage or hardware wallet is an offline wallet that you need to install to your computer and you can assure that your bitcoin is safe because it has private key that you're the only one who knows it. You can also put your bitcoin in online wallet. Some bitcoin users usually use the hardware wallet.
The safest way for me to keep bitcoins is to buy a hardware wallet like 1-2 hardware wallets so you can diversify your money and you need to back up all those private key or some sort of back up options so you can sleep in every nigh very well because you don't need to worry about your money that are stored in those hardware wallets.
What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The safest way to do is to secure you password fo not use personal info as a password because hacker can easily hack it. Choose a wallet that is good for keeping bitcoins. Also keep personal info if youre using online wallets like blockchain. Taken dangers like hacking, losing in to account!
For online wallets i preffer blockchain i never had issue with it.
For offline i preffer bitcoin-core or electrum.
For offline i preffer bitcoin-core or electrum.
What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Taken dangers like hacking, losing in to account!
There are many ways in keeping your bitcoins safetly. There are bitcoin wallets that have good security system which prevents hackers from getting your bitcoin but this not necessary mean your bitcoins are safe now. You must also use a wallet in a gadget like laptop or smartphone in which you are the only one using it in short a personal gadget for accessing your wallets. Also always have backups of your current bitcoins everytime you do a transaction. Lastly you must have a main backup account like emails so you can recover your acoount wallet if your bitcoins are stolen or your wallet is hacked.
the safest bitcoin stored in trezor electrum blockchain ,, all safe stay we how to keep it and keep the key well, if in the exchanger we just turn on 2fa
The electrum is one of the best wallets up till now. Yeah! It is best for those who lack patience. Electrum is one of the oldest wallets available for storing coins. The best thing about it is its simplicity i.e. electrum is user friendly. All the keys are safe with this wallet. I just want the team to launch android version also. 
best are offline wallet, like trezor
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