Safety of your private key - page 16.

Labay

full member

Activity: 434

Merit: 100

Quote from: Screamshot on September 21, 2018, 01:30:12 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

It is just like password so why you need to give it to someone else? There are too much kind of wallet but I think if you have a huge amount of token, just divide it into different wallet if you scared of losing it. Just save your private key because there are no back up when you forget that.

Agozyen

sr. member

Activity: 672

Merit: 252

Until the end

Quote from: Screamshot on September 21, 2018, 01:30:12 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

Also keep backups of your keys/wallets in a very safe place. If you ever need to recover your keys this will make it so much easier and better. You basically need a disaster recovery plan.

Tejas05

copper member

Activity: 560

Merit: 0

NextPakk

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.

darkangel020716

full member

Activity: 322

Merit: 100

Quote from: Screamshot on September 21, 2018, 01:30:12 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

When you are a newbie and it is new for you to create a new wallet, it is good for you to know the safety of your wallet, from checking how legit the wallet link is upto how its really works, aside from that it is very normal to us to keep it safe and do alot of back up of it, also by keeping the very important private key to secure all you future coins on it. Just remeber all things that related in crypto has need to be backed up for more security purposes.

segotiwul

member

Activity: 322

Merit: 10

It is certain, we must have our safety private key so that there will be no theft by hackers again.

perla

hero member

Activity: 1932

Merit: 504

Quote from: Screamshot on September 21, 2018, 01:30:12 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

Save your private key in flashdisk that not used when you not really urgent to use it. Save it into 2 - 3 flashdisk so you can back up whenever lost 1 of them. If you use private key, keep aware on site that you input.

Bitcoinjheta

full member

Activity: 798

Merit: 104

It is your responsibility to protect your private key because that is your money ahead of the distribution and your investment coins. It can only be shared to your private key to your spouse for the security purposes and the development of your coins for many possibilities of updates when it regards to the trends.

aizen10

full member

Activity: 546

Merit: 100

It is very common to keep your privatekey safe, because if you lost it somewhere else or anyone get know about it, all your coins will turn into nothing. No one wants to lost any single piece of his precious coin, so stay safe and keep going in crypto world.

tisumagic

member

Activity: 364

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: CryptoBry on September 22, 2018, 10:04:54 PM

Have a great day to you sir! I was a newbie too maybe two years ago and sadly I was one of the many who had been victimized by phishing. The phisher got me via an email supposedly from the Slack site and I was then naive to think that it was all real so I log-in my MEW using the link that phisher provided...it was only weeks later when I opened back my MEW that I realized that all of the tokens/coins I bought and got from bounty hunting were all gone to the hands of the phishing attackers. I was then shocked but just like the many here there was nothing I could do but cry a little...then of course I learned the many big lessons that a newbie should realized: that here in cryptocurrency nothing can be safer and you could never be more careful as scammers and phishers are way ahead more advanced than us and the safety nets we are providing.

advice that I can give with the experience I have done, never trust any link, especially if it leads to the opening of the wallet. and always make sure to bookmark the website address that you think is very important and privacy, because it prevents you from theft link

coinsycrip09

full member

Activity: 910

Merit: 100

yeah, of course you are right about that.
it's hard to trust everyone even though it's our own mentor, we just keep storing the private key as our own secret.

only we are allowed to know it, and the most important thing is that we also cannot go into a site that is not safe there is a possibility that they can copy our private key. i only give advice.

maxreish

sr. member

Activity: 1330

Merit: 326

If you are just using an android phone or a mobile phone, keeping your private key on your phone doesn't guarantee it's safety. It is wise to copy it literally, i mean jot it down on a piece of paper and secure it's safety from a hidden place where only you could know where it is.

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

Quote from: Oktianabns on September 22, 2018, 10:09:02 PM

it's true, bro, the private key is only for ourselves, never give it to anyone, because that is your heart.
we do not easily trust the people around us, because not necessarily they really can keep our secrets

Most of the time that is not the case though, criminals in the internet over targeting people and trying to steal their important data and private key is also one of them.
You can see that most of people who loses their coin is not handing away their privkey but got phished, people just need to be really aware about the importance of their private key

Escf4

jr. member

Activity: 364

Merit: 3

GIGZI - INDEPENDENT WEALTH MANAGEMENT

It truely our responsibility to take good care of our private key , because once it will be known by others or hackers from this phising sites then your wallet will be no more , the myetherwallet always reminds us the proper and what to so do to make your wallet private key be safety ,so it is your own personnal move to maje your private key the safest way to store and keep it.

Oktianabns

jr. member

Activity: 146

Merit: 2

it's true, bro, the private key is only for ourselves, never give it to anyone, because that is your heart.
we do not easily trust the people around us, because not necessarily they really can keep our secrets

CryptoBry

sr. member

Activity: 1008

Merit: 355

Have a great day to you sir! I was a newbie too maybe two years ago and sadly I was one of the many who had been victimized by phishing. The phisher got me via an email supposedly from the Slack site and I was then naive to think that it was all real so I log-in my MEW using the link that phisher provided...it was only weeks later when I opened back my MEW that I realized that all of the tokens/coins I bought and got from bounty hunting were all gone to the hands of the phishing attackers. I was then shocked but just like the many here there was nothing I could do but cry a little...then of course I learned the many big lessons that a newbie should realized: that here in cryptocurrency nothing can be safer and you could never be more careful as scammers and phishers are way ahead more advanced than us and the safety nets we are providing.

pinoy.bolanon

member

Activity: 350

Merit: 10

"In CryptoEnergy we trust"

Hi there, i am also a newbie in this forum but i engaged in crypto over the years, private key should be placed in a very safe place that nobody knows except you., my strategy is that i put all the very important details in an email that i never used in any transactions online., in this way i feel safe all the details, but of course this is not applicable to anyone, or you can save all the important files into a USB and you can keep it.

Nowadays, there are lots of users that has been hacked in their MEW wallet because of the phishing site, and then they input their private key, you should bookmark the websites into your browser so that, it would be easy for you to access the access everytime you need to use it, lets all be cautious in everything we do and click, because its a matter of carelessness.

If you are a long term holder of a few coins, which has a core wallets, better store it in your individual PC's rather than using the web wallets.,its because its only you, that can access you wallet in your PC, not unless, there are lots of users in your PC.

Have a great day!!

FreeAirdrops

jr. member

Activity: 179

Merit: 6

Infleum

I had a bunch of Waves tokens stolen. I might have logged into a fake website. I'm not really sure how they got my private key though.

Wiwendefak

full member

Activity: 350

Merit: 103

Though it is discussed more than a hundred times, but still thank you for your kind words. The private key is the everything! Private key lost or compromise will bring only sorrow. The wallet security is increasing and wallet hacker is being smart too. That's why it will suggest that you must use hardware wallet! hardware wallets are safer than others wallet.

marksayson

jr. member

Activity: 420

Merit: 1

It is good that you have a separate main account that is its main purpose is to store all of your earned assets, and best is not to make a possible air of its wallet address online, keep it low, and also hide in a cold storage all the information regarding on your main wallet.

segotiwul

member

Activity: 322

Merit: 10

that is certain, we must be careful in conducting transactions in the market. however there is a small gap, hackers will definitely be able to retrieve our security key to retrieve our ETH.

Topic: Safety of your private key - page 16. (Read 17666 times)