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Topic: Safety of your private key - page 12. (Read 17666 times)

jr. member
Activity: 322
Merit: 2
October 13, 2018, 10:00:03 PM
Of course, the person that is giving their private key to other users is stupid enough. Make sure to treat your account carefully and if possible, never expose it online.
jr. member
Activity: 240
Merit: 1
October 13, 2018, 06:43:41 PM
Yea of course protecting  your private key is a necessity. The thing is, it is also good to have it with you, making it mobile, you can save it in your smartphone just in case of emergency and for safety I went as far as coding my Private Key.

E.g (Adding more digits & letter and also removed some);

77e7577Y5373241d6ccddedb6a95fH5Fa9c2391443fe352a81a028944fdc48eeecd
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
October 13, 2018, 06:38:23 PM
Perfect.

You don't have to give your private key even to your mentor. If your wallet has funds then don't just simply give it to anyone and trust them with your money that's not how you keep your private keys safe. You have trust to him because he taught you? no that's not enough, your money is your money and you have to keep it.

Most of people say beware of phishing but phishing is a large area to be discussed and it includes lots of other security things that a person should now.
First of all we should have a clean PC with no keylogger or any other software that can steal the clipboard (the place where copy-paste is stored)
Secondly use wallets as much as offline and use trusted websites if you choose online wallets or so.
Remember to use the privatekey method to store your wallet is not a recommended way. So many people are still believing to use that way but they are all wrong about that. in fact that these guys must learn how to store privatekey through use another way just like use the json file and it can be encrypted with the password
sr. member
Activity: 658
Merit: 250
October 13, 2018, 06:34:57 PM
Yes if you want to secure your coins no one will know your private key, but I suggest better if you have family who you really trust give her/him your private key incase what happen to you or die they will use it because what happen to you and even your family do not private key it is useless.

That's good thing to do securing you private keys must be confidential. You should have a back-up files for your entire private keys saved on excel file spreadsheet. This won't endanger your funds to being lost, because no one could have access to it but you. If you planned that any of your family member be trusted, them do it because your family won't let you go during days of circumstances.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
October 13, 2018, 06:25:31 PM
LOL. There are so many topics about this created before so I don't think you need to create one more topic to remind anyone about it Smiley. Beside, coldstorage wallet is available to keep all altcoin and token safe so I don't think any hacker can stole your cryptocurrency if you're using a coldstorage wallet.
hero member
Activity: 3080
Merit: 603
October 13, 2018, 06:18:31 PM
Perfect.

You don't have to give your private key even to your mentor. If your wallet has funds then don't just simply give it to anyone and trust them with your money that's not how you keep your private keys safe. You have trust to him because he taught you? no that's not enough, your money is your money and you have to keep it.

Most of people say beware of phishing but phishing is a large area to be discussed and it includes lots of other security things that a person should now.
First of all we should have a clean PC with no keylogger or any other software that can steal the clipboard (the place where copy-paste is stored)
Secondly use wallets as much as offline and use trusted websites if you choose online wallets or so.
Don't download any unnecessary software that you just see on the web. Most of them contains malware that will install those keyloggers or any unusual app on your PC to let the developers gain access to your PC remotely.

Don't click those popping ads because that's one of the source of those malware. I'm talking about those annoying ads that just pop out of nowhere, don't ever click them.
full member
Activity: 350
Merit: 103
October 13, 2018, 06:06:59 PM
To keep private key safe, everyone should be careful! You shouldn't take a picture of your private key, you need to write down on an offline paper or diary. If you keep your private key online, then anytime it can hack by the powerful hackers! Otherwise, you may memorize your private key and that is not the too difficult task! And, The best way is to buy a hardware wallet, hardware wallet can ensure your wallet safety.
jr. member
Activity: 150
Merit: 6
October 13, 2018, 05:57:55 PM
Hi there!

To secure your keys, try to store them in multiple places.
Print them out and safe them on more than 2 places at least!
In case of fire for example.

Dont ever share your keys with anyone!

Greetings!! Cool
sr. member
Activity: 1624
Merit: 267
October 13, 2018, 05:46:15 PM
Yes if you want to secure your coins no one will know your private key, but I suggest better if you have family who you really trust give her/him your private key incase what happen to you or die they will use it because what happen to you and even your family do not private key it is useless.
member
Activity: 336
Merit: 11
October 13, 2018, 05:45:23 PM
Actually this suggestion is not only for new people, but also for all of us who have a wallet! It would be better if there are people you trust, for example your parents or your good friends who you trust to know the password. It will help if you forget or are having problems when you want to enter the wallet you have. I think that doesn't matter.
It seems to me that the best storage of their passwords and keys is the good old way on plain paper. You can print or rewrite it manually. But do not lose and no one steals information from you via the Internet.
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
October 13, 2018, 05:43:06 PM
Keeping your private key in safety is a priority for every person.
Private key called private because it should be stored privately and nobody should know about it besides you
jr. member
Activity: 336
Merit: 1
October 13, 2018, 05:39:33 PM
Actually this suggestion is not only for new people, but also for all of us who have a wallet! It would be better if there are people you trust, for example your parents or your good friends who you trust to know the password. It will help if you forget or are having problems when you want to enter the wallet you have. I think that doesn't matter.
full member
Activity: 364
Merit: 101
October 13, 2018, 05:36:42 PM
Private key is very important aspects in our wallets, hoarding altcoins/bitcoin are really big deal but be sure to keep it safely. If you can't write it down on a piece of paper atleast print a copy of your private key.
hero member
Activity: 2184
Merit: 585
You own the pen
October 13, 2018, 05:32:56 PM
Your Private key is your main card that if you revealed it to anyone you will lose your game at any moment. according to some people who got hacked recently most of the are victims of email that when you click it and they ask you your private key. sometimes people just giving it out of ignorance and that's why they end up being hacked all the time.
member
Activity: 168
Merit: 10
The World’s First Blockchain Core
October 13, 2018, 05:26:56 PM
Well your wallet is where you keep your coin safe and it always important to protect it
 One of the best way is to protect your private key never give it out to any one even if it's your mentor that is very important
 This is for new guys like me

Mate actually you need to buy hardware wallet if you want to really safetly. With your hardware wallet no body cant steal your coins or private keys. also even you will not now about your private key Tongue
full member
Activity: 664
Merit: 100
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
October 13, 2018, 05:25:35 PM
To protect the private key more securely, you should write the sequence of characters to a sheet of paper and store it away. If you save them on a PC, they can be stolen if a hacker the PC. So choose the safest ways to protect it from all dangers.
legendary
Activity: 1137
Merit: 1000
October 13, 2018, 05:21:27 PM
#99
Perfect.

You don't have to give your private key even to your mentor. If your wallet has funds then don't just simply give it to anyone and trust them with your money that's not how you keep your private keys safe. You have trust to him because he taught you? no that's not enough, your money is your money and you have to keep it.

Most of people say beware of phishing but phishing is a large area to be discussed and it includes lots of other security things that a person should now.
First of all we should have a clean PC with no keylogger or any other software that can steal the clipboard (the place where copy-paste is stored)
Secondly use wallets as much as offline and use trusted websites if you choose online wallets or so.
hero member
Activity: 3080
Merit: 603
October 13, 2018, 05:11:01 PM
#98
Perfect.

You don't have to give your private key even to your mentor. If your wallet has funds then don't just simply give it to anyone and trust them with your money that's not how you keep your private keys safe. You have trust to him because he taught you? no that's not enough, your money is your money and you have to keep it.
member
Activity: 462
Merit: 13
October 13, 2018, 05:09:45 PM
#97
It is for new guys like me
It is okay you said that guys like you. I would have said that even those who are nit in the crypto space, mere seeing the word private, they would have known it is personal and that it should not be revealed to anyone else.
full member
Activity: 448
Merit: 100
October 13, 2018, 12:50:15 PM
#96
Private key is the most valuable thing an investor has. If your wallet finds out someone else has lost your password, you lose everything you have. So you have to pay much attention when using private key Smiley
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