Protecting your crypto

[Kevin González 33]

The basic pillars of crypto are based on the fact that its holder is its own bank.

 

By properly protecting them, it will be much more difficult to gain access to them, than to evade even the most secure safe in the world.
If you fail in this task, you will be at risk of someone else taking your crypto.

 

Learning how to keep your crypto very well is a must in this world.

[federicol17 29]

Currently I do not handle significant amounts of money in cryptocurrencies therefore for convenience I prefer to move in hot wallets that promise me enough security to make my daily movements but if necessary I would not hesitate to switch to a cold wallet, be it a paper, hardware pendrive or encrypted file to keep my cryptos fully secured in a proper place.

[Ree1976 77]

Protecting your coins, investments are one of the most important parts of the trading industry! We shouldn't forget about security of our money. If you forget - somebody will stole your money.... Be aware! I hold money at ledger wallet and some part in other wallets. 

[victorxb 50]

Very good advice, in addition to those, I would add that if you use online wallets or have your cryptocurrencies in exchanges such as Binance, always activate the double authentication factor to make it more difficult to access your cryptocurrencies. And like everything, always use a password as difficult as possible and not share it with absolutely anyone so they promise you things.

[Cryptomint 433]

That's right if anyone of us want to safe there assets so he/she should also keep in mind these points. And you will be safe from hacking.

[Francisco Cabarico 48]

Great tips bro, so yes, unfortunately you should not trust all the offers that appear daily, a personal advice that I can add is that they do not give their identity to any platform, they really do not know what they can do with your identity and maybe everything what they promised you is just a lie!

[glyk85 166]

I agree with you how easy it is to bribe people with easy and big money. There is always a grain of falsehood. Even taking into account the potential security of crypto, this payment tool, like other solutions, is in great need of security.

[UNFAIRR 47]

I just keep my trade balance on the exchanges, and the rest is in my wallets, where I control the keys, so I minimize losses in the event of an exchange closing or attack. Everything is possible in the network

[hatambaba 1064]

I have a computer that never goes online and I generate addresses that way. This way the key is never online at any point until I'm ready to move the funds  I also usually split the bitcoin up with some wallets.

[Joseunda 35]

All of my wallets have 2FA so they are always well protected

[Brushless4500KV 4214]

On 10/6/2020 at 7:12 PM, andrewbigboss said:

I protect my cryptocurrency with secure wallets such as Trust Wallet and Fox Mask. I do not believe that someone can steal your cryptocurrency without your hands. If someone stole your cryptography, it's your fault. Just don't be stupid and be as careful as possible.

If you want to protect your coins, the best way to do this is to stay the least amount of time online. The other important tip is to allocate another device for keeping your coins. This is especially vital if you use online wallets like Blockchain or Coinbase. The more you stay online, the more you are susceptible to hackers because they can attack you when your internet connection is ON. Therefore, don't surf the web with the device in which you have installed your wallet application or software.

[baykriptoo 15]

thank you for enumerating this valuable information.. this would definitely be a great help so that we can secure our crypto and be cautions and responsible to protect our crypto..

[Tarikdamiri 34]

To protect your btc u must use the wallets like trust wallet , metamask , 

Or u can use lidger wallet , it's the safest method 

Bu keeping your btc in exchange platform it's will be risky 

Bu u must keep some of your crypto in exchange for trading 

[Rahi07 208]

I protect my crypto currency coins very easily,,,because I used a crypto wallet for protect my coins and the name of the wallet is coinbase,,,coin base is one of the most popular crypto currench wallet...bacause it is very secure and safe wallet for our coins....we can keep our coins here and it is very easy for use...

[Imanaliev 39]

лично занимаюсь и тем и другим, но больше по душе инвестиции. Это интересно. Изучить рынок, найти лучшее предложение и потом радуватся успеху или учиться на ошибках. Я больше за инвестиции

[Teminali69 1081]

On 10/6/2020 at 6:23 PM, Nairobis5 said:

Two-factor authentication, commonly abbreviated to '2FA,' is a must when it comes to protecting your cryptocurrency wallet. Most wallets utilise 2FA.

But not if a thief is someone from your household, i got my coins stolen by my brother, he could not steal from my bank but he stole from my crypto wallet.

[cryptovlek 2597]

This is exactly as this friend explained everything. ICO are in the past, but still they can appear again who knows. The importance of owning a hardware wallet should be known to everybody, only this way you invest safely. And there are of course many lessons for all of us to take from scams and ponzi schemes that steal our bitcoins.

[Mwangi 5611]

One needs to be very careful and the first thing you do is to make sure that you follow a certain strategy that works well for some reason you need to use if posible an offline line so we need to work and put together everything so to really be sure of everything the right idea is to make every document you have offline and that is suppose to work perfeclty for you so I think you can also use passwords that are not easy to crack and most of the time look for a sentence, like my favorite tvshow is say legend of the seeker that can be a good one

[chawki28 55]

Thanks for the advice. One day I had a problem, at that time I lost my Ethereum wallet and the reason I reinstalled Windows and lost the wallet password and it had a good amount

[Razan alikac 1899]

Advice is not enough, so a person who enters this field must obtain experience. These advice will not provide him with experience, but a general idea of the issues that most traders face in the cryptocurrency market.

[Mosab73 333]

Good tips for securing cryptocurrencies, especially Bitcoin, especially fraudulent operations abound in this period. Fraudsters always resort to temptation in their ads by making profits very easy in exchange for depositing a small amount or giving personal data, so caution is the duty of every person to protect his cryptocurrency from theft.

[KpymounapeHb 33]

I am using Payeer wallet for hold my crypto and Yobit exchange for trade. I never was hacked and my funds never was stolen. But once my email was hacked, because I downloaded virus app. Hackers couldn't steal my money. They changed my password in Yobit and as we know, after changing password, we can't withdrawal our funds 3 days. So I changed my emails passwords. Don't repeat my mistake.

[Onden 2098]

Thank you for your helpful tip, I think crypto security is very important because cryptocurrency is our most valuable asset, so choose the safest wallet. Use this wallet hardware wallet Offline so that no hackers can enter and steal it.

[Mridul Rahman 1058]

That's a wonderful post for every member of this forum. I have been holding my btc in yobit account from past 1 month. Thats not much but i am keeping it cause i think btc will be more in 2021. So i guess i should keep it in a wallet. Like trust wallet or coinbase. I don't know about any hard wallet and how much they cost. Overall thank you for your suggestion mate.

[wassim19 645]

I keep my coins on my wallet on the Internet and activate the 2FA security feature, everything is going well and I have not faced any problems since I entered the field for this and I have to take precautions so that nothing happens to you