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

full member
Activity: 434
Merit: 100
September 22, 2018, 11:04:32 PM
#35
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.
sr. member
Activity: 672
Merit: 252
Until the end
September 22, 2018, 11:03:50 PM
#34
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.
copper member
Activity: 560
Merit: 0
NextPakk
September 22, 2018, 10:59:48 PM
#33
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.
full member
Activity: 322
Merit: 100
September 22, 2018, 10:57:04 PM
#32
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.
member
Activity: 322
Merit: 10
September 22, 2018, 10:54:09 PM
#31
It is certain, we must have our safety private key so that there will be no theft by hackers again.
hero member
Activity: 1932
Merit: 504
September 22, 2018, 10:44:25 PM
#30
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.
full member
Activity: 798
Merit: 104
September 22, 2018, 10:37:47 PM
#29
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.
full member
Activity: 546
Merit: 100
September 22, 2018, 10:27:17 PM
#28
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.
member
Activity: 364
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 22, 2018, 10:00:08 PM
#27


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
full member
Activity: 910
Merit: 100
September 22, 2018, 09:33:18 PM
#26
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.
sr. member
Activity: 1330
Merit: 326
September 22, 2018, 09:28:40 PM
#25
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.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
September 22, 2018, 09:21:59 PM
#24
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
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
September 22, 2018, 09:15:28 PM
#23
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.
jr. member
Activity: 146
Merit: 2
September 22, 2018, 09:09:02 PM
#22
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
sr. member
Activity: 1008
Merit: 355
September 22, 2018, 09:04:54 PM
#21


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.
member
Activity: 350
Merit: 10
"In CryptoEnergy we trust"
September 22, 2018, 08:38:03 PM
#20
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!!
jr. member
Activity: 179
Merit: 6
Infleum
September 22, 2018, 08:18:32 PM
#19
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.
full member
Activity: 350
Merit: 103
September 22, 2018, 08:04:01 PM
#18
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.
jr. member
Activity: 420
Merit: 1
September 22, 2018, 07:41:14 PM
#17
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.
member
Activity: 322
Merit: 10
September 22, 2018, 07:17:31 PM
#16
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.
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