Topic: Thread : HOW TO PROTECT YOURS BITCOIN & ALTCOINS ! - page 2. (Read 538 times)
I bought a Ledger purse when I reached about $ 200 on my investment. But that does not mean I will not use a desktop wallet or access my money with a browser. Just be careful when dealing with transactions and you will be safe. And I still use it to store money. Ledger is the only option I would suggst to anyone if the coins he is holding are supported by it. This is just a little information. Your suggestion is good but you really need to check out what's already in this forum. If you use 3 of them together it will be the most powerful way I believe and the hacking ability will be very little.
I believe that the cryptocurrency should be stored on the phone and on the computer only in the amount that is necessary for calculations
I believe that anything that has the internet connectivity is not so secure and hence I am a great fan of offline wallets. I am using the paper wallet as my cold storage wallet and Trezor hardware wallet as the secondary device to hold funds. I am also using web wallets but never hold more than 5% of total funds there. One should always remember the fact that crypto is all about self-responsibility and he is responsible for the consequences arising out of his actions.
I think your idea is quite properly for some investors. However, I still believe in wallet to protect my Bitcoin. But if investors don't have enough money to buy wallet,they can apply your way.
That's sound good for your idea. But I still wonder about the cost of your way. Is it suitable for investors who own 1,5 -2 Bitcoin? Besides, a computer without Internet is the best way to protect Bitcoin. However, investors need research obviously before storing Bitcoin.
First, download a cold wallet application to a new, secure usb drive. Then, take a computer, reset it to factory setting, disconnect it from the internet and keep it offline. Last, load the cold wallet application onto the computer, keep your cryptocurrencies on that clean and offline computer.
I used certain wallet for this like MEW and some app to check them up. I also keep my private key in multiple flashdrive and I dont know if I'm the only one here that writing it in a piece of paper and keep it into my drawer, lol. I don't know if that helps but maybe it will help in some cases though. Real money rather dollars are we talking to so we must keep it right.
We can use anything: desktop versions of wallets, hardware and mobile wallets, web wallets, all except exchanges. The main rule - do not allow the leakage of information. You can buy a separate computer, do not go to phishing sites, do not store passwords in the public domain.
Personally, I have about one bitcoin in different coins and now I keep my coins on a flash drive. I think that's enough to keep them safe.
I'll gives some tips to protect your altcoins and bitcoin, the first is use the ledger wallet is the needed and use for businessman or a conglomerate it will really help us, second I always do the same in every exchange and website I'd properly use my amount to evade hacking, and also third make a hard and difficult password and don't give you keys to anyone specially to people you don't know.
In the matter of protection we should always be very much conservative because all of our coins are store there and this kind of posts are every much effective.
In fact, a lot of things here you will not do. At the moment, every owner of large funds in crypto-currencies is at risk of being robbed. The safest thing that anyone can do is store money on purses (preferably on paid flash drives). In this case, the likelihood of theft must fall. However, 100 percent is not protected
I still believe non of the medium through which you can store your crypto is 100% safe. in as much as you will need to transfer the crypto via internet, you are at risk of losing your coin. the only difference among all these wallet is the variation in risk level. hardware wallet for me is still the best although it is not 100% safe as well so far you need to connect the wallet to computer at one point if you need to send crypto. from experience I discovered that out of 10 of my friend trading crypto, 9 of them is having a virus call coinminer on their computer. you may never know this until you run malwarebyte on your system.
Good post fellow but I believe if you had explain " Ledger", you would have made the post awesome
With all the authentications recommended, pls don't just give out your private keys,then pray not to meet a real hacker..they will access your wallets..
This is just a small information . There are a details explanation for security in forum. You may check there first. Your suggestion is good but you really need to check whats already in this forum. Google 2FA Authenticates and the mobile phone messaging with e-mail. If you use 3 of them together it would be the strongest way i believe and the possibility of hacking will be very less.
Google 2FA Autentificators and the mobile phone messaging with e-mail. If you use 3 of them together it would be the strongest way. I always do the same in every exchange and website. I also have 5 wallets and i speard the risks, i would never hacked with all my 5 wallets i believe 
Mobile phone messaging is poor security. We've seen multiple times that thieves can quite easily "socially engineer" access to your phone number by getting the phone company to transfer the number to a new SIM.
Similarly, email security is highly variable, especially if you use a simple password thst you reuse elsewhere online.
Ledger is the only options I'd suggst to anyone if the coins he's holding are supported by it. If no desktop wallet from the legitimate source, no fake wallets.
I bought Ledger Wallet when I reached about 200 usd on my investments. Because that for me is a huge amount. But that doesn't mean that I will not use Desktop wallets or access my funds using a browser.
Use any way you think you can be safe. Just be cautious on processing a transaction and you will be safe.
I still have some funds on my old password protected winrar archive I used before I had Ledger. And I still use it to store funds. It's in the matter of how knowledgeable you are about security.
Use any way you think you can be safe. Just be cautious on processing a transaction and you will be safe.
I still have some funds on my old password protected winrar archive I used before I had Ledger. And I still use it to store funds. It's in the matter of how knowledgeable you are about security.
Google 2FA Autentificators and the mobile phone messaging with e-mail. If you use 3 of them together it would be the strongest way. I always do the same in every exchange and website. I also have 5 wallets and i speard the risks, i would never hacked with all my 5 wallets i believe
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