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Glossy

Protecting your crypto

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1 minute ago, dion2566 said:

therefore you must choose a reliable dan trusted exchange. Like binance. when they are hacked they replace all of their investors' money.

So if all balance get hacked.

How binance will refund the asset? binance also have the maximum asset they can refund it. SAFU only have 5000-10000 btc to refund the asset hacked. All user fund more than that amount.

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This is really important topic and it should be taken seriously, i protect my crypto wallet by keeping its private key on physical paper in writing and nowhere digital. and my long term holdings of  5 years are stored in hardware wallet like ledger nano-s. in this way i protect my crypto assets.

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according to my crypto experience the secure way to protect crypto is, setting up a key phrase in hardware wallet. so hacker cant access funds if he gets your wallet.dat file

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8 minutes ago, kjames said:

according to my crypto experience the secure way to protect crypto is, setting up a key phrase in hardware wallet. so hacker cant access funds if he gets your wallet.dat file

The hardware wallet is only way which we can protect our-self from hacker so in this way  we all need to protect our coins in hardware wallet  .


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there are huge number of ways to protect the crypto, this need experience of the trading, if you are expert you can better manage and protect your funds, there are lot of techniques to secure and protect your funds on exchanges.


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It is true the conditions of security are improving day by day. but also the pirates are also developing new methods for infiltrating this crypto-currency field. 
who can make anyone rich without anyone being able to follow in his footsteps.

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The protection in the world of crypto is one of the most important topics and must warn people, especially novices about these important points to protect themselves from theft and hacking. I wish there was a special section of the forum on the subject of protection that would be a reference for people to abide by these important rules.

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that is great idea, in any event you realize how to keep your coins secure and where to put it to store them at the correct wallet all peoples want to keep their coins secure but unfortunately the hackers steal it.

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I'm keeping my all currency in my personal wallet and I've stored my private in a safe place, also I'm using some online wallet with 2fa security.      

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4 hours ago, MankePlus said:

Free Anti-Virus is Not Anti-Virus. But you don't get to grab some freeware anti-virus and consider yourself protected. Anti-virus software requires constant updates and a dedicated team of professionals behind it to deliver those updates. Those teams cost money. The bad guys never sleep. You cannot afford to choose free here

Correct. Nothing in this world is free, and in the case of protection programs, the free versions provide only a minimum of protection, a minimum that for the crypto area is insufficient.

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I keep big sums on cold wallets on another pc and private keys I keep on paper. But some money which I actively use I don`t protect so attentively 


 

 

 

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That telegram method really gets every time. The notorious scammers are hiding there and always have the chance to lure users you must be very careful on sending your wallet address though secure if you've given your private key then you are done. 

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I think most of those you are mentioned are helpful, But sometimes not every cryptocurrency users paying attention to these like me i hold some coins but i don't use any hardware wallets and i believe most of users don't use hardware wallets. just keep your private key in safe place i think that was the most important.  

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Thank you so much for your advice i think very helpfull by knowing this. i also secured my account very much. i haven't face any problem till now 

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I think the best way to protect your cryptocurrencies is to well secured your online wallet. Be mindful so it cannot be gone.

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Yes and prevention is 99% of security, because when security breach happens all of the coins can be gone in a second if you don't react swiftly.

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i do store my assets online and also i am cautious about the person i will give them access to and also i do look for the link it is legitimate and if not i will try to reload the online wallet to make sure of it

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21 minutes ago, Starpark said:

I have been storing coins on the exchange in a few months. The exchange that I use, will send a message to an email, then verify the email link and must use Google Authenticator to open it. So I am sure it is safe.

To using Google Authenticator is best idea because it give us security of our assets and some people who are not using the Google Authenticator which is very bad for him .

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2 hours ago, Starpark said:

Although as a new user on crypto. But if the person has experience in terms of the internet or the web certainly will not be fooled, because they already understand the phishing site.

Well you should be careful anyway because there are some scams that are tied exclusively to crypto... To stay safe you need to watch out!

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We have to be careful about the security of our valuable cryptocurrencies. in yourvpost, you said the right ways to save our assets from loss.


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2 hours ago, Fancycoin said:

First of all i didn't tell anyone about my passwords and account on how much is the amount in my wallet , because it's hard to trust someone specially when money is involved. and also make sure always in your decisions and security always remember your transactions.

Telling other people how much money you have in your house or in your wallet is a very stupid idea because that's how bad people can find out about it and break into your house to steal it

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thank you so much for this valuable information. it is really helpful so that we can be aware and avoid doing mistakes that can lead us to danger. i also do the tips that you put to protect my crypto.

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On 10/17/2019 at 5:19 AM, Glossy said:

What are you doing to protect your crypto?

There is big danger that someone will take your crypto assets from you, so we must be careful in protecting them.

 

Here are some of the rules that help us protect them:

1. If you hodl crypto then use hardware wallet or cold wallet - copy the seed and store it on 2 or 3 safe locations - same with cold wallet

2. Don't let your assets stay on exchange too long

3. Always be careful before investing in ICO - research the team and the project

4. Never trust anyone who contacts you on Telegram group and offers you "some great deal"

5. If something seem too good to be true, it is probably scam.

 

If you have any tips please do not hesitate to share it

 

Stay safe my friends

 

If you find this thread helpful feel free to mark is as interesting

 

 

These are good pointers mate inorder that we can keep our private details safe.We must see to it that it can't easily be hacked by those who wants to stole our hard earned coins.

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8 hours ago, _hrvyvn said:

Thank you for sharing those tips to secure our cryptos! I will always take note of those so that my cryptos will remain safe and sound! Cheers to guys like you who cares for other members of this forum! 

Also add this tip. Dont ever download any stuff that you dont know especially if the thing is came from to a suspicious email. Some of the hackers now uses a malware that very hard to detect.


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On 10/17/2019 at 6:05 AM, Thekingcallme said:

I keep my currencies in an online wallet and have activated the dual security system
Everything is going well and I haven't had any problems in 3 years

Well this is a great idea in securing your crypto. And i also suggest for you to always keep your private key. My e wallet is still good and haven’t experienced any negative things at all. 

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