Thread : HOW TO PROTECT YOURS BITCOIN & ALTCOINS !

bitterdog

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dApps Development Automation Platform

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

Hello guys !

I'm going to write the main things you need to do to protect yours bitcoins & altcoins.

First of all , let me advice you something:

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.
For me , it's a lake of money , really.

So , let me introduce you the differents ways to hold your cryptocurencies. (from the safest to the less safe) :

1 : Ledger .
I won't introduce more Ledger , Google is your friend.
2 : Mobile Application :
Bread !
Really easy to use , and it's safe , with 2FA Authentificator , for example.
3 : Desktop Wallet !

If you want to use it , just go on the website of your cryptocurrencies , and look for the desktop wallets !
For example , for bitcoin , electrum is really good !
Just do some research if you want to know !

Ps: Desktop Wallet could be safer than a mobile application if the computer isn't connected to internet ! (the goal of the computer is only to store cryptocurencies : no virus ! )
4: Exchanges :

The worst way to store yours cryptocurencies ... Store in exchanges , like Binance , ....

If you do that , PLEASE , follow this rules :
- Use a strong Password ! (symbols , nombers , letters )
- Use 2FA AUTHENTIFICATOR

Have a nice day guys !

Thank you for this advice, i also agree with this. These are some way we can protect our bitcoin and altcoins.

clonely

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SEND AND RECEIVE MONEY INSTANTLY

Ledger is not a very cheap option. But I think the safe method is currently Ledger. Besides, it is important to keep clean the computers which we are interested in with crypto money.

Dmitry.Vastov

hero member

Activity: 840

Merit: 520

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

Hello guys !

I'm going to write the main things you need to do to protect yours bitcoins & altcoins.

First of all , let me advice you something:

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.
For me , it's a lake of money , really.

So , let me introduce you the differents ways to hold your cryptocurencies. (from the safest to the less safe) :

1 : Ledger .
I won't introduce more Ledger , Google is your friend.
2 : Mobile Application :
Bread !
Really easy to use , and it's safe , with 2FA Authentificator , for example.
3 : Desktop Wallet !

If you want to use it , just go on the website of your cryptocurrencies , and look for the desktop wallets !
For example , for bitcoin , electrum is really good !
Just do some research if you want to know !

Ps: Desktop Wallet could be safer than a mobile application if the computer isn't connected to internet ! (the goal of the computer is only to store cryptocurencies : no virus ! )
4: Exchanges :

The worst way to store yours cryptocurencies ... Store in exchanges , like Binance , ....

If you do that , PLEASE , follow this rules :
- Use a strong Password ! (symbols , nombers , letters )
- Use 2FA AUTHENTIFICATOR

Have a nice day guys !

Bitcoin always promises its users to provide the safest and the most confidential transactions and I think this is the most probable reason that why millions of people are investing into bitcoin as they have the feeling that they are investing in right place and in the future they will get some profit, as we all know that bitcoin transactions does not involve any third party seizure so no third person has the right to see the transaction between the two and thus it provides user anonymity and the next thing is that never share your keys and passwords to any one, keep them very confidential.

bigmaster23

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Activity: 518

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WWW.BLOCKCHAIN021.COM

it is a must to protect ourselves from hacking and other malicious pretend to be a good site but actually a scam or ponzi just to put your btc with them and vanishing before you even know it lacking the evidence of a good trading site or lacking the significance being a good or best wallet storing some bitcoin that could lead to inadequate presentation, that could be really mess up transition running a business.

OTC

member

Activity: 196

Merit: 10

The best option to keep your altcoins and bitcoins safe and secure is through the use of hardware wallet and ledger.

cryptoDowoo

newbie

Activity: 11

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Hardware wallet is the best option to keep and protect bitcoin and altcoins

Ojengonggu

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Activity: 756

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Trphy.io

in essence, from all places to store coins or tokens that have been running, it is safe because they provide some further security recommendations depending on how we maintain such security
save the wallet key
not easy to participate in email / social reporting

btcformula

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Activity: 378

Merit: 101

If you want to really save your crypto you must secure your system. My advice USe Original OS, premium antivirus, Avoid porn & free stuff link on trading PC can help you save your coin.

ChronoLite

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Activity: 840

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www.guestcrew.com

As long as you don't do anything stupid stuff, you will be fine and your funds most likely be safe on your wallet. dont click malware and dont even think to add malicious plugin or software that is really suspicious because probably that's a virus to steal your funds.

Clavulanic

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Activity: 714

Merit: 250

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

Hello guys !

I'm going to write the main things you need to do to protect yours bitcoins & altcoins.

First of all , let me advice you something:

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.
For me , it's a lake of money , really.

So , let me introduce you the differents ways to hold your cryptocurencies. (from the safest to the less safe) :

1 : Ledger .
I won't introduce more Ledger , Google is your friend.
2 : Mobile Application :
Bread !
Really easy to use , and it's safe , with 2FA Authentificator , for example.
3 : Desktop Wallet !

If you want to use it , just go on the website of your cryptocurrencies , and look for the desktop wallets !
For example , for bitcoin , electrum is really good !
Just do some research if you want to know !

Ps: Desktop Wallet could be safer than a mobile application if the computer isn't connected to internet ! (the goal of the computer is only to store cryptocurencies : no virus ! )
4: Exchanges :

The worst way to store yours cryptocurencies ... Store in exchanges , like Binance , ....

If you do that , PLEASE , follow this rules :
- Use a strong Password ! (symbols , nombers , letters )
- Use 2FA AUTHENTIFICATOR

Have a nice day guys !

Yes this is Helpful and very effective too, but still there are still cases that investors falls into the pitfalls of the scheming individuals who are out there waiting for our every wrong move so keep in mind avoid mistakes and follow the guidelines.

qiman

hero member

Activity: 1036

Merit: 504

I do not hold much Bitcoin but I would like to get a ledger nano or a trezor wallet as they are very good for people who hold crypto for long term, although the value of our crypto now has diminished so much I am not sure if it is worth the investment so better to keep on Binance if you use their 2FA you are alright on Binance and some other we b wallets, but yes hardware wallets are the best if you have more than just a few thousand dollars worth of Bitcoin laying around.

tegarp90

full member

Activity: 546

Merit: 100

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

Hello guys !

I'm going to write the main things you need to do to protect yours bitcoins & altcoins.

First of all , let me advice you something:

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.
For me , it's a lake of money , really.

So , let me introduce you the differents ways to hold your cryptocurencies. (from the safest to the less safe) :

1 : Ledger .
I won't introduce more Ledger , Google is your friend.
2 : Mobile Application :
Bread !
Really easy to use , and it's safe , with 2FA Authentificator , for example.
3 : Desktop Wallet !

If you want to use it , just go on the website of your cryptocurrencies , and look for the desktop wallets !
For example , for bitcoin , electrum is really good !
Just do some research if you want to know !

Ps: Desktop Wallet could be safer than a mobile application if the computer isn't connected to internet ! (the goal of the computer is only to store cryptocurencies : no virus ! )
4: Exchanges :

The worst way to store yours cryptocurencies ... Store in exchanges , like Binance , ....

If you do that , PLEASE , follow this rules :
- Use a strong Password ! (symbols , nombers , letters )
- Use 2FA AUTHENTIFICATOR

Have a nice day guys !

i've read an article that said, every wallet that held more than 1btc value is the target of the hacker.
So, if you have more than 1 btc value on your wallet, extremely recommended to use offline wallet.

Larva14

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Activity: 518

Merit: 250

Quote from: close up on August 24, 2018, 06:44:47 AM

A ledger wallet is mainly needed for a businessman or a conglomerate since they have to spend more or receive more money in fast, so the ledger wallet might helping them.

In fact, having ledger wallet will really help you to make more secure your bitcoin and altcoin. Most of the people who have a lot of bitcoin and altcoin prefer to use ledger or offline wallet because they it is safest and secure wallet. If you really want to protect your bitcoin and altcoin you should your password and private key in a safe place.

rodskee

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Activity: 2520

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This not an advise
This a destroying for the exchange they said from their statement
This is propaganda promoting electrum to store people in the electrum platform
I adivise to the OP of this thread be fair do not destroy other platform use ufair strategy

adpinbr

sr. member

Activity: 1078

Merit: 254

Well, I think you should have gave us or sent us more information, it lacks by a lot and we can't fully rely on Google as it contains inaccurate information, and for Ledger, it is a hardware wallet, and I can say that buying a hardware wallet is extremely secured, just learn to keep it in a safe place, and with the other wallets, desktop and mobile wallets, it is secured also, however it works in the internet and therefore it can't be FULLY SECURED, since it can be breached or hacked, be aware and have vigilance around the web.

BrewMaster

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Activity: 2128

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There is trouble abrewing

Quote from: nidacoinlove on September 29, 2018, 12:50:19 PM

Quote from: bit-freedom on September 29, 2018, 12:39:27 PM

Quote from: o_e_l_e_o on August 23, 2018, 04:42:44 AM

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.

I don't understand this advice. A ledger costs less than $100. I would say if you are holding even a few thousand dollars worth of Bitcoin, especially long-term, then a ledger or other hardware wallet is a good investment.

Same here, I feel that spending $100 on a hardware wallet is definitely worthwhile to secure your investment. Apart from Bitcoin, there are other altcoins supported by Ledger.

There is no other option except a ledger, which almost everyone on the forum knows is the best thing to keep your digital assets in. When it comes to security then spending a few bucks don't mean a lot. All we need is to secure our crypto in a ledger but never use a second hand ledger. Always buy it from authentic dealer so that you may not face any theft of your assets in the future.

$100 is hardly considered "a few bucks"! and that is when using a hardware wallet is not the only option and it is not the most secure option even! the most secure option will always bee a physical storage as in printing an encrypted key on a piece of paper.
hardware wallets are only suitable for those who want to be lazier while having constant access to their funds. otherwise for a less lazy person with long term investment paper wallet is better.

atariguy

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Activity: 364

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Good tips, I think many will be useful:) I would add That do not install any third-party application or program on your device

nidacoinlove

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Quote from: bit-freedom on September 29, 2018, 12:39:27 PM

Quote from: o_e_l_e_o on August 23, 2018, 04:42:44 AM

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.

I don't understand this advice. A ledger costs less than $100. I would say if you are holding even a few thousand dollars worth of Bitcoin, especially long-term, then a ledger or other hardware wallet is a good investment.

Same here, I feel that spending $100 on a hardware wallet is definitely worthwhile to secure your investment. Apart from Bitcoin, there are other altcoins supported by Ledger.

There is no other option except a ledger, which almost everyone on the forum knows is the best thing to keep your digital assets in. When it comes to security then spending a few bucks don't mean a lot. All we need is to secure our crypto in a ledger but never use a second hand ledger. Always buy it from authentic dealer so that you may not face any theft of your assets in the future.

bit-freedom

sr. member

Activity: 658

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Quote from: o_e_l_e_o on August 23, 2018, 04:42:44 AM

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.

I don't understand this advice. A ledger costs less than $100. I would say if you are holding even a few thousand dollars worth of Bitcoin, especially long-term, then a ledger or other hardware wallet is a good investment.

Same here, I feel that spending $100 on a hardware wallet is definitely worthwhile to secure your investment. Apart from Bitcoin, there are other altcoins supported by Ledger.

SistaFista

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Activity: 1638

Merit: 251

Hexhash.xyz

Quote from: Neurzway on August 22, 2018, 10:47:07 AM

Hello guys !

I'm going to write the main things you need to do to protect yours bitcoins & altcoins.

First of all , let me advice you something:

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.
For me , it's a lake of money , really.

So , let me introduce you the differents ways to hold your cryptocurencies. (from the safest to the less safe) :

1 : Ledger .
I won't introduce more Ledger , Google is your friend.
2 : Mobile Application :
Bread !
Really easy to use , and it's safe , with 2FA Authentificator , for example.
3 : Desktop Wallet !

If you want to use it , just go on the website of your cryptocurrencies , and look for the desktop wallets !
For example , for bitcoin , electrum is really good !
Just do some research if you want to know !

Ps: Desktop Wallet could be safer than a mobile application if the computer isn't connected to internet ! (the goal of the computer is only to store cryptocurencies : no virus ! )
4: Exchanges :

The worst way to store yours cryptocurencies ... Store in exchanges , like Binance , ....

If you do that , PLEASE , follow this rules :
- Use a strong Password ! (symbols , nombers , letters )
- Use 2FA AUTHENTIFICATOR

Have a nice day guys !

Yes, it is very important to know how you gonna store your cryptocurrency coins safely.
Using mobile wallet is easier, but it is not the best security wallet. Using exchange is safe because usually exchange using cold storage.
If you have money, hard wallet is the best option for storing any crypto coins because you don't have to download the blockchain data like in desktop wallet.

Topic: Thread : HOW TO PROTECT YOURS BITCOIN & ALTCOINS ! (Read 522 times)