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Author Topic: Safest way to keep bitcoins?  (Read 18469 times)
fotosonics
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March 05, 2018, 01:39:19 AM
 #981

The safest way to store bitcoin is by preparing tools such as hard wallets, so every time we will do the transaction we are required to connect the equipment to the computer to log into the bitcoin address that we have.
Cofee mix
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March 05, 2018, 01:44:38 AM
 #982

I think the safest way to store bitcoin is by storing it in VIP because it is very secure in VIP account, can not be hacked by hacker or you can save your bitcoin at bitcoin wallet address but the risk is its own because address bitcoin wallet is not completely secure like account VIP.

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stigmacryptonight
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March 05, 2018, 01:48:37 AM
 #983

only a properly created cold storage or a trusted hardware wallet.
you can search for some hardware wallets if you are not tech savvy or don't want to bother learning how tos and if you are willing to pay. things such as Trezor or Ledger nano would work.

or you can learn more about cold storage and do it yourself easily. like creating a paper wallet with tools such as https://github.com/pointbiz/bitaddress.org or make a Trezor like cold storage on your USB disk yourself

https://en.bitcoin.it/wiki/Cold_storage

thanks for his advice and shared his knowledge. Very useful especially for me who is new to the crypto world. So far I still save and trust in exchange.
jhache
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March 05, 2018, 02:01:10 AM
 #984


I think hardware wallets are the safest way to keep cryptocurrencies.  the cryptos are stored offline and gives the owner total control of his wallet activities. They also give the user a chance to verify transactions before completing them. You can customize the hardware wallet to what makes you feel safest.

santieevanz
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March 05, 2018, 03:10:19 AM
 #985

What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
I can only think of one thing and it is a wallet that most of the people used because of its security. Well, there are things that disappoint us whenever we heard that someone got hacked or someone lose their tokens or coins in their wallet. However, I've been thinking that it is our responsibility to take care and keep in a safe place our passcode or primary key.

Yomanse
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March 05, 2018, 03:32:30 AM
 #986

The best activity is to keep the bitcoin put in the banks with the goal that the cash can not be lost since they are secure and that you will make sure to restore the cash back to you. Furthermore, you can likewise keep the bitcoin in online wallets since it's more secure as long as you simply bear in mind your records and can be at home since it's greatly improved to get you through far away in light of the fact that when home is more secure here on the grounds that you are close.
Rajatkatyal
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March 05, 2018, 03:40:28 AM
 #987

Paper Wallet. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security.
Pemokecin
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March 05, 2018, 03:55:22 AM
 #988

There are choices on the most proficient method to spare bitcoin in the most secure path one of this is either spare in on an online wallet or disconnected wallet and have numerous wallet so in the event that something goes wrong. In any case, if the issue is whether you have numerous wallet you have numerous passwords to recollect that, I prescribe that in case you will influence a various wallet to make a solid and great pasword at that point utilize it for the greater part of your wallet.
Semar Mesem
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March 05, 2018, 03:56:08 AM
 #989

All the features on the wallet even from the exchanges very good and complete, everything depends on the user, if the appeal from the wallet provider for example to enable 2FA is not used then bitcoin can be hacked.

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shoreno
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March 05, 2018, 04:01:25 AM
 #990


I think hardware wallets are the safest way to keep cryptocurrencies.  the cryptos are stored offline and gives the owner total control of his wallet activities. They also give the user a chance to verify transactions before completing them. You can customize the hardware wallet to what makes you feel safest.

even hardware wallets and offline wallets can still have a risk because you still have to conect them in an online computer in order to transfer files or make an update, therfor there is still a chance that they can be infected with viruses and trojans if your computer isnt secure enough or you accidentally download a malicious file from an unknown source.

overall in my opinion,there is no real safe way to keep your bitcoins because everything is possible for hackers to attack you. They will always find a loophole in order to do their exploits.
jakirdj95
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March 05, 2018, 04:19:20 AM
 #991

This wallet is used by majority of my country people, so for there was no issue attached with this bitcoin wallet. it is considered as tha safest way of storing bitcoin,to keep this account being stole, user must just keep his password secure and hidden from anyone. if your country dose not  have any,then saving your bitcoin to hardware or to tha blockchain like everyone suggested.
tha only way thy could be compromised is by physically stealing tha printed private key,or perhaps a weekness in tha cryptography.
derago21
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March 05, 2018, 04:24:15 AM
 #992

It is advisable to keep it in Desktop wallet and Hardware wallet. If you do not own an AV on your desktop, then don't ever think about it.
atamism
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March 05, 2018, 04:45:22 AM
 #993

The safest way to keep your bitcoins to a trusted wallet.  I'm using the most famous and trusted bitcoin wallet in our country and I haven't gotten any problem with it.  For me, the safest way is to create an account using a new email that will only be used for bitcoin transaction. Use a password that only you can know and make sure not to login your account to a device that you do not trust. There are pin code set as well for the wallet so make that you remember it and don't let anyone know about it. Also, avoid going to untrusted websites that can hack your computer.

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March 05, 2018, 04:49:35 AM
 #994

I never looked back after using a Trezor.
pdutta
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March 06, 2018, 05:09:01 AM
 #995

I think safest way to keep bitcoin is a paper wallet is good option. Another good way is a computer desktop and hardware wallet to keeping bitcoin protected.

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Herry toer
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March 06, 2018, 05:35:09 AM
 #996

The safest way to store bitcoin is by preparing tools such as hard wallets, so every time we will do the transaction we are required to connect the equipment to the computer to log into the bitcoin address that we have.
Yes, right. Indeed it is one of the safest ways to store Bitcoin that we have. Probably many other safe ways, but I prefer this way.
JacksonIsaac199
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March 06, 2018, 05:36:32 AM
 #997

Mostly of my friend now they have a trezor they store they bitcoin they and other is they store it in electrum that is very safe in that wallet. Though I do prefer not storing big amounts of bitcoins.Always have back up of your passwords, private key offline so that in case you lost it, you can still access your funds.
Ambrosius
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March 06, 2018, 05:38:14 AM
 #998

Stay away from keeping bitcoin in exchanger, keep them in offline wallet such like hardware wallet or paper wallet. Be careful when you are browsing and do not enter unsafe site and be careful when you got suspicious mail.

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voom360
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March 06, 2018, 05:48:42 AM
 #999

Safest way to keep your bitcoin is trezor or ledger nano hardwallet .and do not expose your seed passphrase, for more secure you can support it by 2fa code and please dont store your bitcoin in just 1 wallet. Cause if you loss it then your bitcoin will all disappears.
abhishek_bittu
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March 06, 2018, 05:51:02 AM
 #1000

Hackers and thieves are always looking for their next victim; you certainly don't want to be in their line of vision. In fact, it's probably safer to just stay unassuming and keep your investment a secret.

The easiest way for you to lose your coins is if you just keep them on an unsecured and unsafe digital wallet. This includes leaving your crypto on your exchange wallets.

There have been many instances of trading platforms getting hacked. The most famous example is the Japanbased Mt Gox bitcoin exchange which was hacked in 2014. At the time, Mt Gox was the world's leading bitcoin exchange. Approximately 850,000 bitcoins were declared missing, and these totaled almost $450 million in 2014 dollars which, quite obviously, was already a significant
amount. In today's dollars, 850,000 bitcoins would be worth billions. Many people lost their fortunes in an instant, simply because they trusted the platform and didn’t move their bitcoins to more secure storage.

After the Mt Gox fiasco, bitcoin owners started being more careful with their cryptocurrencies, and paper wallets, and hardware wallets rose in popularity.

In terms of convenience, digital wallets are far more superior to paper or hardware wallets. All you need is an Internet connection, and you’d have access to your crypto. You could log in to any web browser or your mobile wallet, and
you can easily make purchases anytime you want. While storing small amounts of crypto in online wallets is perfectly fine, it's best if you move the bulk of your crypto-wealth to offline storage.

Yes, offline or cold storage is less convenient, but it's definitely safer for you and your cryptocurrencies. This is why hardware wallets are selling like hotcakes right now. It's the best of both worlds basically. You're storing your crypto
offline, but if you need to make a transaction, say, you want to transfer a few coins to your online wallet, you can do so quickly just by plugging it into your computer.

Hardware wallets are very secure, and so far, we haven't read any
reports of hardware wallets getting hacked. You do need to shell out some cash though, but when you consider what you’re electronically protecting, you can easily look beyond the price.

Like most things tech, the realm of cryptocurrency can be a bit complex to master and is still new to many. But the advantage of purchasing this currency is surely worth your investment in both time and money.
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