Secure bitcoin | Bitcointalksearch.org

chulos

jr. member

Activity: 268

Merit: 1

Quote from: Faizan aslam on June 28, 2018, 05:36:25 AM

How we secure our bitcoins from hackers
What is the best option for securing
1 hardware ledger
2.wallet

You have to rely on yourself in the world of Bitcoin. In the banking world, where you have your money deposited in your account, the bank is responsible for the deposit and you will not be responsible here. If Bitcoins steal someone from you, they will be irreversibly gone as a result of incorrect security. This may be a theft or a disk error where your bitcoins are stored. If you own a large number of Bitcoins, i recommend that you use the Trezor wallet and use Cryptosteel to save words with Bitcoin Seed. Also a good choice is Ledger Nano. Remember, security is over everything in this crypto world.

RustyBits

member

Activity: 64

Merit: 15

I do not have a lot of cryptos (yet), but hope to change that as time goes on and I have more funds to invest. Even with a smaller amount, I've invested a few hundred dollars up front for security and peace of mind. I bought a Trezor hardware wallet for crypto storage and a steel wallet for my Trezor recovery seed storage. My wife has a vacuum food storage sealer - so I put my steel wallet with my seed recovery words into a vacuum sealed plastic wrap and I store that in a secure location with my other non-crypto important papers and so forth. While I don't expect there to be any issues, I will know if my recovery seed steel wallet is ever compromised since the only way to access it would be to tear the vacuum seal open. After I bought the steel wallet, I burned the paper copy of my recovery seed words.

You can never be too careful and I am sure that there are others with even better safe storage strategies, but this is how I handle it.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

You just cut #1 and #2. It must be connected.

Quote from: Benjamin353White on August 16, 2018, 02:17:58 AM

So for those new to Bitcoin, are there sources of credibility that they can learn before investing?

Looking for credible source on what must know before investing? learn the basics and use search engines if you can't find an answer here in the forum.

Before investing, learn that you should know on why bitcoin is very volatile if you will treat it as an investment.

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: Faizan aslam on June 28, 2018, 05:36:25 AM

How we secure our bitcoins from hackers
What is the best option for securing
1 hardware ledger
2.wallet

Its not easy as saying do this or that.
Its huge knowledge that require constatnt learning and beign carefull always. This is where you start, software/hardware wallet, then its entire world of attacks/problems you wil run into.

ShamoKe

newbie

Activity: 60

Merit: 0

If you hold a lot of bitcoin, you should try to store them in a "cold wallet". When you complete the transaction on the exchange, you should transfer the coins immediately!

Fionagreen

newbie

Activity: 22

Merit: 0

That's right, use 2 wallets. The principle of never changing is not to trust absolutely in any form of backup! Always keep a Bank Wallet backup on your device or an encrypted hard drive partition, "protect" it at all costs, and only trust yourself. The user should not rely too heavily on any bank, organization or security service.

Benjamin353White

newbie

Activity: 34

Merit: 0

So for those new to Bitcoin, are there sources of credibility that they can learn before investing?

TienDat9517

newbie

Activity: 114

Merit: 0

The scary part is that you can be knowlegeable and up-to-date with your security; doing everything that you know you should be doing and then a hacker with one simple exploit - that he probably doesn't even understand - can bypass everything.

ankurguta87

full member

Activity: 364

Merit: 117

Quote from: Faizan aslam on June 28, 2018, 05:36:25 AM

How we secure our bitcoins from hackers
What is the best option for securing
1 hardware ledger
2.wallet

For the best security, you require cold storage. Cold storage in the blockchain realm simply means a device that is disconnected from the Internet. This is the toughest security measure possible to safeguard any crypto-investment from the prying interests of hacker.

Even if your wallet were to fall into the wrong hands, cold storage solutions offer high-end encryption to deter even the toughest hacks.

There are several cold storage solutions available on the market today. They’re also referred to as hardware wallets.

justin86

full member

Activity: 406

Merit: 100

Market Integration Platform

Hardware wallets are safer than normal wallets but they might be vulnerable though access to private keys directly may not be possible, just as changing the adress it sends coins.

TonyCallahan

newbie

Activity: 66

Merit: 0

IN market there are various types of frauds but we need to keep safe from them based on this topic we should secure our password which is tough to break also we should not share our password to anyone based on this we should alert and though the price of btc is more so they are trying to hack this system.

jaythelingly

newbie

Activity: 112

Merit: 0

after invention of crypto market there are lots of hackers are trying to hack this system based on this its very tough to hack this system based on this people should aware of this so their profile might not be hacked based on this we should keep safe our private key and password.

samiraetn

newbie

Activity: 224

Merit: 0

As BTC is the most expensive cryptocurrency in the market. The hackers are always active to hack people’s coins. For this reason I always prefer and suggest people to use hardware wallet or paper wallet. This ensure the security of you BTC and keep your coins safe.

bman01

newbie

Activity: 336

Merit: 0

That's a very interesting post. I think hardware wallets Ahmed safer than the software wallets. The hardware wallets cannot be hacked and soit is more secure and safe

johnokeefe09

newbie

Activity: 112

Merit: 0

I always prefer to use hardware wallet. Since this is an offline wallet, it is not easy to hack. So Hardware wallet like Ledger Nano S is highly recommended for keeping your crypto safe from hackers.

AGD

legendary

Activity: 2070

Merit: 1164

Keeper of the Private Key

By using Bitcoin Core as an offline wallet to secure your Bitcoins, you make sure, that you don't have any third party involved and it's for free!

Icivodul

newbie

Activity: 8

Merit: 0

Hello,

I have a hard time figuring something :
do hardware wallets like Ledger Nano S or KeepKey are able to store tokens, like ERC20?
If not, what is the best way to store/secure these tokens?
Thank you.

Outsider07

newbie

Activity: 210

Merit: 0

Bitcoin provides one of the most high qualified security system, it's not easy to stole your currencies from your wallet but for better protection it's better to access it offline , and be bit creativity about your account password so that the hacker can't reach so easily.

Paka1

newbie

Activity: 154

Merit: 0

It is a must to secure your bitcoin from hackers. And the safest thing for you to do is in-store it within a wallet. Since it is used offline your transactions would be traceless to those hackers. You could have your transactions without worrying that it might be viewed by anyone else other than you. Wallet is also convenient for you because you could have it always and need not to use the internet since it is offline. And of course always keep your wallet with you.

currencydesigner123

newbie

Activity: 252

Merit: 0

With the rise in popularity and demand of crypto currencies like Bitcoin, the risk of getting your coins stolen has increased. Hacker will try to steal the coins or scam coin holders to obtain coins. In orders to secure the coins from potential hackers coin holders must choose a better wallet, having difficult password to the account and keeping the computer clean form malware viruses.

Topic: Secure bitcoin (Read 341 times)