right now, i'm store my private key on the flash drive, and my flash drive are save at my personal safe, and i think, it very safe, but another people say saving the private key on the hardware wallet, hardware wallet is the best choices if you have more money to buy it, because it working offline and you need to access it with your password / biometric
Agree it is the best to have it online and offline. I think dont just store it only in the flashdrive have a hard copy on it like youve wrote it in the paper since we dont know if the flashdrive will got corrupted or loss . The best is to have a lot of copy just to be sure you will have access to it but make it secured also because we cant trust all people 
Topic: Where to store your keys? - page 4. (Read 1763 times)
Storing keys is the major problems faced by everyone nowadays.
Every one says to store them at a safe but where actually the safe place lies? The safe place is actually safe until someone gets access to it .
I think keys must be stored in the word or Excel files and then these files must be stored in different places which must be more than one. So in case if you lose keys from one device then a copy of these must be lying somewhere else safe and sound....
Every one says to store them at a safe but where actually the safe place lies? The safe place is actually safe until someone gets access to it .
I think keys must be stored in the word or Excel files and then these files must be stored in different places which must be more than one. So in case if you lose keys from one device then a copy of these must be lying somewhere else safe and sound....
I have to spread it to multiple wallets addresses for more anonymity and safety.
Investing outside crypto is also the best idea, we even use it to grow our money as holding doesn't give us any but just risk.
Another option is that if there is a bank that will accept Bitcoin, I come to visit and deposit some of my Bitcoin even it require KYC (that for sure it was been asked because of its amount).
Anyway, what makes it important is we know what As to keep it secret will add safety.
Investing outside crypto is also the best idea, we even use it to grow our money as holding doesn't give us any but just risk.
Another option is that if there is a bank that will accept Bitcoin, I come to visit and deposit some of my Bitcoin even it require KYC (that for sure it was been asked because of its amount).
Anyway, what makes it important is we know what As to keep it secret will add safety.
That is called "redundancy" and it's vital to ensuring the safety of our hard-earned Bitcoins. It's all a matter of making multiple copies of your wallet to help preserve it for generations. The most secure way to do this is by creating multi-signature wallet where funds can only be spent if multiple parties (in this case, family members) sign the transactions with their corresponding private keys. For a family of 4, you can make a multi-sig wallet that would require 2 out of 4 keys in order to unlock it. If something happens to you, other family members can still access the funds with their keys. There are so many ways to help secure your Bitcoin limited to your own imagination. Large amounts of Bitcoin must be well-secured especially when hackers, scammers, and thieves are on the rise. As long as you follow the necessary security precautions, you'll have nothing to worry about. Just my opinion
I have to spread it to multiple wallets addresses for more anonymity and safety.
Investing outside crypto is also the best idea, we even use it to grow our money as holding doesn't give us any but just risk.
Another option is that if there is a bank that will accept Bitcoin, I come to visit and deposit some of my Bitcoin even it require KYC (that for sure it was been asked because of its amount).
Anyway, what makes it important is we know what As to keep it secret will add safety.
There are currently no banks that accept Bitcoin for deposit. There are many ways that can be done without the need to rely on third parties such as banks.Investing outside crypto is also the best idea, we even use it to grow our money as holding doesn't give us any but just risk.
Another option is that if there is a bank that will accept Bitcoin, I come to visit and deposit some of my Bitcoin even it require KYC (that for sure it was been asked because of its amount).
Anyway, what makes it important is we know what As to keep it secret will add safety.
Keeping a personal wallet containing bitcoin or other assets secret will indeed increase security, because there is no publicity about ownership of the wallet.
Anonymity is very important to avoid evil that could be stalking the owner of the wallet.
Holding bitcoin is quite easy but keeping it safe is quite difficult because of the hackers that have advanced a lot in the field of hacking.
They could hack your wallet and get access to all your money and you may be having nothing within seconds. All of your money must be transferred to another account and you would be not aware of it.
The time when you would know about it, you would be facing a great loss.
To avoid these you seed phrase must be kept safe in safe places or you must be Keeping all of your bitcoin in some hardware wallet and not giving it access to anyone
They could hack your wallet and get access to all your money and you may be having nothing within seconds. All of your money must be transferred to another account and you would be not aware of it.
The time when you would know about it, you would be facing a great loss.
To avoid these you seed phrase must be kept safe in safe places or you must be Keeping all of your bitcoin in some hardware wallet and not giving it access to anyone
Almost most of my crypto assets, which is around 70%, are ERC/BSC wallets and bitcoins are around 22%, I store them in the book and I replace the 10 characters on the back so that if the book is lost it can't be stolen, other than I write it in my book Also save in the image I saved on Google Drive and One Drive, and I replaced the 10 characters with what I remember.
Investor who hodl 2000 BTC really has to worry about safety of his keys from his BTC digital wallet. The safest variant is definitely to learn those keys. However it’s not a problem for him to withdraw some part of BTC or to pay in BTC for holding his keys somewhere in secret safety bank deposit box. There is one more variant (cheap and risky): to find some secret place in house/flat and to hide there a tiny piece of paper. But I think that I would rather hided keys on my body (made a lot of symbolic tattoos on different parts of my body or one big with hidden small in it) and remember the sequence.
if really have 2000 Bitcoins, of course some will be sold and some of them can be reinvested by trading or investing in new projects.
Trading and investing will provide you with a great portfolio if you understand how to trade.
For the rest of the Bitcoin that is stored, maybe the private key wallet can be stored on a steel plate written with the private key and stored in a safe place for you. Because the private key is the main key of the assets owned. stored in the ground or in a safe of your own and many other options.
I have to spread it to multiple wallets addresses for more anonymity and safety. Trading and investing will provide you with a great portfolio if you understand how to trade.
For the rest of the Bitcoin that is stored, maybe the private key wallet can be stored on a steel plate written with the private key and stored in a safe place for you. Because the private key is the main key of the assets owned. stored in the ground or in a safe of your own and many other options.
Investing outside crypto is also the best idea, we even use it to grow our money as holding doesn't give us any but just risk.
Another option is that if there is a bank that will accept Bitcoin, I come to visit and deposit some of my Bitcoin even it require KYC (that for sure it was been asked because of its amount).
Anyway, what makes it important is we know what As to keep it secret will add safety.
2000 BTC is roughly equivalent to around 134 million bucks which is why I would prefer the best option available even if meant spending a million bucks to successfully store the remaining 133 million bucks.
If nuclear sheltered vaults are the best option, I would obviously store all my BTC though I would research them thoroughly beforehand.
seems overkill if there is a huge storage cost. I think at this time for the storage of bitcoin assets it does not have to have a high security system, but the most important thing is that our storage is in a safe place. it's better than wasting a lot of money If nuclear sheltered vaults are the best option, I would obviously store all my BTC though I would research them thoroughly beforehand.
Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick?
The answer is simple, I'll store my private keys in my same old SanDisk flash drive because no one knows that I own 2000 bitcoins. I was storing my private keys on SanDisk flash drive for years and I never had any issues with them thus why go for the military grade vaults or nuclear bunker? are we at war? come on, men, that is just another way of wasting money, period! Securing the key even of a piece of paper or a flash drive are all reasonable approaches but it is up to the user to decide how they want to play their fate!
If I had such amount I wouldn't worry about keys, because these coins would be splitted among different third party platforms to generate passive income. It makes no sense to have so much money like 2000 bitcoins and keep it hidden like a pirate treasure. Bitcoin's purpose, like the purpose of any currency, is to serve its holders in the most effective and profitable possible way. Otherwise, what would be the point?
With all the replies that I have read, this is the one that struck me the most.
It is obvious that if you are holding a significant amount of BTCs in your wallet, it is highly advisable that you allocate them into separate hardware wallets (NOT EXCHANGES) for maximum security and anonymity. In addition, you could also keep your hardware wallets in a relatively safe vault with the information being given to your immediate family in the event that something happens to your life.
I remember, I have a friend who kept 150+ BTCs in our local exchange and his coins were frozen when he attempted to withdraw and cash it out due to suspicious activity.
neither in talks of;
1. Possible hacking events
2. Regulation/Enforced KYC and other aspects
You couldn't really tell on what would happen that's why you should really be aware specially if you do keep
high amount of coins then its just sensible for you to choose whats best.
if really have 2000 Bitcoins, of course some will be sold and some of them can be reinvested by trading or investing in new projects.
Trading and investing will provide you with a great portfolio if you understand how to trade.
For the rest of the Bitcoin that is stored, maybe the private key wallet can be stored on a steel plate written with the private key and stored in a safe place for you. Because the private key is the main key of the assets owned. stored in the ground or in a safe of your own and many other options.
Trading and investing will provide you with a great portfolio if you understand how to trade.
For the rest of the Bitcoin that is stored, maybe the private key wallet can be stored on a steel plate written with the private key and stored in a safe place for you. Because the private key is the main key of the assets owned. stored in the ground or in a safe of your own and many other options.
If I had such amount I wouldn't worry about keys, because these coins would be splitted among different third party platforms to generate passive income. It makes no sense to have so much money like 2000 bitcoins and keep it hidden like a pirate treasure. Bitcoin's purpose, like the purpose of any currency, is to serve its holders in the most effective and profitable possible way. Otherwise, what would be the point?
With all the replies that I have read, this is the one that struck me the most.
It is obvious that if you are holding a significant amount of BTCs in your wallet, it is highly advisable that you allocate them into separate hardware wallets (NOT EXCHANGES) for maximum security and anonymity. In addition, you could also keep your hardware wallets in a relatively safe vault with the information being given to your immediate family in the event that something happens to your life.
I remember, I have a friend who kept 150+ BTCs in our local exchange and his coins were frozen when he attempted to withdraw and cash it out due to suspicious activity.
But 2000 btc is a whooping sum to store In a wallet or in a vault it's better to diversify your portfolio and send some Bitcoin on erand so while you wait to earn from holding which comes in massive you can still earn through other means like trading or running an exchange so you make profit from both ends
diversifying assets is one option to maintain the risk that will occur in our assets. With such a large number, of course, if you are a person who doesn't have much time, you will certainly prefer to invest, and of course security is the main choice even though you have to pay for it. Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick?
I don't see a need for all this high power storage
even if you have 2000 bitcoins. 2000 bitcoin sounds much now but I believe years ago, people hold this and didn't worry about anything, and likewise today, I still believe some people hold this much and more and don't have their PW stored in any military vault and the only way people know how much you own in Bitcoin is because you told them. Your keys on the diary in your home vault can also do this work.because those early adopters are the one who looks for safest way to store their coins and what? Diary or Vault? at least you know that those places are the main target of people that will try taking your coins?
whatever you mean by that, why did many loss their private keys? because they were not serious about safe guiding or storing it as we do now. I can 100% tell you that I don't have such an amount of Bitcoin but with how I have stored my PKs, I am never losing them except something happens to all locations at the same time and at least you agree that Diary is just enough which is my whole point. Crypto investors are turning to Military grade vaults to safeguard their Keys. While some prefer to know the Keys by heart, some have their crypto stash in physical dedicated crypto wallets like Trezor and pay big money to have them stored in Nuclear sheltered safe vaults. Take for instance Swiss Crypto Vault who offers Nuclear sheltered vaults to crypto investors. if you had 2000 bitcoins what options would you pick?
If I had a huge stash of Bitcoins, I'd store them in the safest place possible. The seed would be engraved on a metal wallet (preferably titanium), and locked away in a military-grade vault. Burying it underground would be the best way to help protect your stash of BTC from theft. You'd have to be very careful where you hide your Bitcoin, especially when someone knows you're already into crypto/Blockchain tech. Any carelessness could put all of your funds down to waste. If you take the proper precautions of securing your Bitcoin against malicious actors, no one will be able to steal your money. 2k BTC is a lot of cash at today's exchange rate, so losing it all would be a very unfortunate situation. Just my thoughts
Assuming no one knew I have 2000 BTC, then I'd buy bunch of stainless steels whose purpose would be to keep my seed phrase safe. I'd probably burry them in the ground as a normal, filthy rich, Heisenberg-looking bitcoiner.
Maybe inside the walls of my cottage. That'd also sound neat.
If, it was known that I hold so much money, I'd have much more to worry besides the safety of my bitcoins.
Low that is funny...if you don't want to stress yourself more. I think for those person who are lovers of tattoo, you can always encrypt it on your body, and nobody will know what it means. Does that sounds cool? That would be the best way to hide your your phrase key and nobody will understand what it means. Maybe inside the walls of my cottage. That'd also sound neat.
If, it was known that I hold so much money, I'd have much more to worry besides the safety of my bitcoins.
But 2000 btc is a whooping sum to store In a wallet or in a vault it's better to diversify your portfolio and send some Bitcoin on erand so while you wait to earn from holding which comes in massive you can still earn through other means like trading or running an exchange so you make profit from both ends
If I have so many bitcoins, I will record my private key in a notebook and tell my family that I am afraid that my assets will be lost if something happens to me. I think we should trust my family, because when we pass away, our assets will be left to our children. But in reality, I may not even have two bitcoins.
You should store your keys in your personal note book in mobile or computer or in your personal diary and you can save it in your brain permanent. These are such ways to secure keys.
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