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Topic: Safety of your private key - page 15. (Read 17666 times)

full member
Activity: 274
Merit: 100
October 06, 2018, 09:31:54 AM
#55
Hardware wallets is the best option . I had always thought they were silly toys. Boy was I wrong. They are the Holy Grail of Bitcoin storage and use.There are three main hardware wallets worth looking at: Trezor, Keepkey, and Ledger Nano S. They all do the same basic thing, but in different ways. They create the cryptographic private key on the device itself. This takes all the concern about hacking and trojans away.
full member
Activity: 248
Merit: 100
diceroll.xyz
October 03, 2018, 04:49:17 PM
#54
Really important thing to secure private key and also important to make backup of the private key also. Don't share with anyone is just normal thing. Even it's also good we store our private keys in the encrypted file in our system.
sr. member
Activity: 714
Merit: 250
October 03, 2018, 04:44:58 PM
#53
In order to safely store my cryptoactives, I would advise using hardware wallets such as Trezor, Ledger ... I personally use the Ledger Nano S wallet, it supports more than 30 cryptocurrencies. When you use a hardware wallet, your private key, which grants access to your coins, is never displayed and is protected on a chip blocked by a PIN.
full member
Activity: 672
Merit: 100
October 03, 2018, 04:27:11 PM
#52
Its an absolute truth that someone must safe private key very and must not be given to someone else no matter how. I think the safety way to keep coin is by using hardware wallet. Once you have your hardware wallet, you have absolute control over your fund.
newbie
Activity: 251
Merit: 0
October 03, 2018, 04:19:06 PM
#51
The safety of your private key is very important. We have seen a lot of persons lose some funds not cos they got scammed or anything, but cos they lost their private keys and lost access to their accounts. This is why it is advise that while you might want to keep it secured from others, also make sure that you keep it somewhere that is easily accessible to you.
jr. member
Activity: 224
Merit: 1
September 23, 2018, 04:22:09 PM
#50
In order for hackers not to crack your wallets you need to be careful when surfing the Internet. There are a dozen of ways
sr. member
Activity: 714
Merit: 250
September 23, 2018, 03:57:03 PM
#49
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
The easiest way is to keep your computer clean and not load strange applications. It can take control of your computer and take over private keys if you store it there. Most hackers use this method to steal user information
full member
Activity: 462
Merit: 100
September 23, 2018, 03:49:53 PM
#48
Saving a private key to the place that you only knows like files and documents you can hide it. But what if you die the coins or the money on that account is useless so I think they need atleast 1 person who are your family member that you can really trust that you know what is cryptocurrency and know how to exchange the coin incase of emergency.
I don't think that's gonna help you in an emergency. Yes and at all as you can help the other man? Unless you only lose your password or key, but your friend has it.
sr. member
Activity: 1274
Merit: 263
September 23, 2018, 02:35:32 PM
#47
Saving a private key to the place that you only knows like files and documents you can hide it. But what if you die the coins or the money on that account is useless so I think they need atleast 1 person who are your family member that you can really trust that you know what is cryptocurrency and know how to exchange the coin incase of emergency.
jr. member
Activity: 798
Merit: 2
*** https://www.buying.com ***
September 23, 2018, 02:28:17 PM
#46
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

I think the best solution is to have a dedicated PC or a notebook for keeping private keys and to use that PC just for making transactions. Also I can intimate you that it would be better no to use Microsoft Windows because this OS is quite vulnerable for viruses. If you are familiar with Linux it would be better to use namely Linux because Linux is more suitable and safer for keeping private data and making transactions.
sr. member
Activity: 798
Merit: 250
September 23, 2018, 10:17:02 AM
#45
I always use personal information as well as privacy of all the holding altcoin! Losing a private key will lose everything! Caution is always successful
sr. member
Activity: 624
Merit: 250
September 23, 2018, 10:06:33 AM
#44
You have to keep your wallet address and your private key separately, just in case someone find it and try to access it for their own. You can ask your family member to keep it, like your mother or brother and sister. I can't guarantee it's the safest place, but at least it's safer than the computer.
member
Activity: 260
Merit: 10
September 23, 2018, 12:04:46 AM
#43
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
Indeed and never be fall on the sugar coated words of the others because this is one of the main reason why others gave their key on the other person because they are deceive by the fake promises of the other like they gonna transfer some token in you account etc. that is why they give their key on it. So maybe the best way to rid this kind of act is to be smart so that you will have no regret in the end.
hero member
Activity: 2716
Merit: 904
September 22, 2018, 11:52:19 PM
#42
There is a lot of things that possible to happen to your wallet if you are not carefully safeguard your pc, hackers are advance thinkers, try to avoid installing unfamiliar software or crack tools that contains malware or spyware that can steal your keys and don't forget to install antivirus and anti spyware to your pc at first.
sr. member
Activity: 546
Merit: 250
September 22, 2018, 11:38:58 PM
#41
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


I think everyone knows it very well, so it's not the knowledge you share.
I just want to suggest, if you have lots of tokens, you should use hardware because it's safer than any wallet.
newbie
Activity: 21
Merit: 0
September 22, 2018, 11:21:23 PM
#40
Of course, you should NEVER give your private key away for any reasons.

To keep your private key safe, I wouldn't even recommend you take a photo of it, and store it in your phone. Neither would I recommend you to keep a copy in Evernote, Outlook or Gmail.

The best way is still a pen and paper. Write down your private key and keep it LOCKED up. If you want to take further precaution, you could purposely omit 1 or 2 letters out, and keep it remembered in your mind. (Which is what I'm doing). This is to ensure that even in the scenario someone manages to get the key and unlock the safe, your funds would still be safe.
sr. member
Activity: 812
Merit: 256
September 22, 2018, 11:20:26 PM
#39
Just keep your coins in your wallet, add it to your browser's bookmarks, and go to the purse only if necessary, and there will not be problems.
Password should be large enough, have special characters to ensure the safety! But it is important that you remember the password. If not! all are useless!
sr. member
Activity: 1582
Merit: 253
September 22, 2018, 11:11:45 PM
#38
I suggest if you have more money to buy trezor or nano-s wallets because this really helps us to use them and also guarantees the security that is in our assets.
hero member
Activity: 2828
Merit: 518
September 22, 2018, 11:09:31 PM
#37
Keeping safe private keys and passwords of wallets are vital, else you will be hacked. You can use paper wallets, cold wallets or else bookmark the genuine site of the wallet and access the wallet by using the bookmark. Best is to use hardware wallets if you can, but there is a limitation of type of coins one could store.

We usually get hacked once we got visited unknown sites or person asking our private keys. Having a bookmark will be a huge help to prevent from losing our wallet keys.  So we should be cautious and always have a check before going anything. It is most important also not to engage transactions asking for our wallet keys cause it might be a scam.
full member
Activity: 294
Merit: 123
The World’s First Blockchain Core
September 22, 2018, 11:05:23 PM
#36
yes, that's right . Your private key is a your home key so if you lose your home key , the thief will enter your house and take your money away.
You should check your site carefully before put your private key in . Losing your private key losing your money .
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