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Author Topic: How do I keep my cryptocurrency safe?  (Read 72245 times)

Offline taera249

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How do I keep my cryptocurrency safe?
« on: January 07, 2018, 11:03:01 PM »
How do I keep my cryptocurrency safe?

The safest way to store your airdrops are hardware & cold storage wallets. These wallets store your coins offline, and therefore protect them from being hacked. There are a number of hardware wallets available. We would advise to use the Ledger Wallet Nano S or Trezor.

Not all cryptocurrency can be stored in hardware wallets. We advise you to store your crypto in wallets where you control your private keys. You don't want your free crypto to be stolen!

To avoid scams we have a few general rules:

    Never give your private keys!
    Use 2 Factor Authenticator on your wallets
    Be careful downloading wallets of smaller projects
    Never click on links redirecting to wallets
    Don’t use your main email address to apply for airdrops
    Don’t re-use your passwords when you register on a website
    Don’t send small amounts of crypto to receive your airdrop
« Last Edit: January 07, 2018, 11:04:58 PM by admin »

Altcoins Talks - Cryptocurrency Forum

How do I keep my cryptocurrency safe?
« on: January 07, 2018, 11:03:01 PM »

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Offline offizer

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Re: How do I keep my cryptocurrency safe?
« Reply #1 on: January 13, 2018, 10:09:57 AM »
its right thanks for some tips. its good for a new member.. :D

Offline DoctorK

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Re: How do I keep my cryptocurrency safe?
« Reply #2 on: January 13, 2018, 01:55:17 PM »
Thanks for the tipps. I would add:

- use paper wallets for coins you want to keep a while
- don't put everything in one place

Offline Libet

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Re: How do I keep my cryptocurrency safe?
« Reply #3 on: January 21, 2018, 05:32:37 PM »
I want add one thing.

Don't leave any cpyptos in an exchange.
There is a real danger that cryptos can be stolen by an hacker when exchange is attacked.




Offline fikrinur

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Re: How do I keep my cryptocurrency safe?
« Reply #4 on: January 31, 2018, 02:59:36 PM »
how about myether or im token ? it safe ?

Bladeline

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Re: How do I keep my cryptocurrency safe?
« Reply #5 on: January 31, 2018, 03:48:17 PM »
I want add one thing.

Don't leave any cpyptos in an exchange.
There is a real danger that cryptos can be stolen by an hacker when exchange is attacked.

But what if i want to use them for lets say sell high to buy lower again.
Would you recommend moving between wallets then?
But isn't it a waste to do this for the transaction costs?

Offline Libet

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Re: How do I keep my cryptocurrency safe?
« Reply #6 on: January 31, 2018, 10:33:02 PM »
I want add one thing.

Don't leave any cpyptos in an exchange.
There is a real danger that cryptos can be stolen by an hacker when exchange is attacked.

But what if i want to use them for lets say sell high to buy lower again.
Would you recommend moving between wallets then?
But isn't it a waste to do this for the transaction costs?

I would always recommend to move your crypto from the exchange to your wallet .

Yes, It's very practical as you said to leave cryptos on exchange but you have to consider that:

1)If you leave your cryptos in exchange , they can be stolen by someone else so, if someone steals them, you won't get them back again.

2)I think it's necessary spend that little commission for security reason . Remember that in the moment that your cryptos return back to your wallet, then, your funds are safe and protected.

3)The exchange can close in a future and you will lose all your crypto that you leave there.

For the question of moving funds between wallet:
This is a necessary action when you use an Exchange that asks to you the private key of the wallet  in which you have funds to sell (Etherdelta for example).


« Last Edit: January 31, 2018, 10:41:06 PM by Libet »

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Re: How do I keep my cryptocurrency safe?
« Reply #6 on: January 31, 2018, 10:33:02 PM »


Offline Paulomits

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Re: How do I keep my cryptocurrency safe?
« Reply #7 on: January 31, 2018, 11:58:21 PM »
how about myether or im token ? it safe ?

Myetherwallet is safe so long as you keep your private keys safe. Also be sure to bookmark the site for future visits so you won't suffer from phishing attacks

Offline fikrinur

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Re: How do I keep my cryptocurrency safe?
« Reply #8 on: February 01, 2018, 12:59:05 PM »
how about myether or im token ? it safe ?

Myetherwallet is safe so long as you keep your private keys safe. Also be sure to bookmark the site for future visits so you won't suffer from phishing attacks
Thanks Bro

Offline skillerx23

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Re: How do I keep my cryptocurrency safe?
« Reply #9 on: February 10, 2018, 05:21:13 PM »
You can save your cryptocurrency in MEW safely and there is also many wallet available for that ..
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Offline Analyst

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Re: How do I keep my cryptocurrency safe?
« Reply #10 on: February 18, 2018, 01:14:36 PM »
I would recommend Metamask over MEW. It's safer and more convent.

Offline cryptojoe

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Re: How do I keep my cryptocurrency safe?
« Reply #11 on: February 19, 2018, 05:48:49 AM »
How do I keep my cryptocurrency safe?

The safest way to store your airdrops are hardware & cold storage wallets. These wallets store your coins offline, and therefore protect them from being hacked. There are a number of hardware wallets available. We would advise to use the Ledger Wallet Nano S or Trezor.

Not all cryptocurrency can be stored in hardware wallets. We advise you to store your crypto in wallets where you control your private keys. You don't want your free crypto to be stolen!

To avoid scams we have a few general rules:

    Never give your private keys!
    Use 2 Factor Authenticator on your wallets
    Be careful downloading wallets of smaller projects
    Never click on links redirecting to wallets
    Don’t use your main email address to apply for airdrops
    Don’t re-use your passwords when you register on a website
    Don’t send small amounts of crypto to receive your airdrop

The Ledger Nano S works very well! I bought two of them just in case one breaks and I use this in combination with MEW.

Offline CryptoDanB

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Re: How do I keep my cryptocurrency safe?
« Reply #12 on: March 01, 2018, 05:51:46 PM »
- don't put everything in one place

I don't see many people suggesting that but definitely think it makes sense.

Offline Zed0X

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Re: How do I keep my cryptocurrency safe?
« Reply #13 on: March 01, 2018, 10:10:49 PM »
How do I keep my cryptocurrency safe?

The safest way to store your airdrops are hardware & cold storage wallets. These wallets store your coins offline, and therefore protect them from being hacked. There are a number of hardware wallets available. We would advise to use the Ledger Wallet Nano S or Trezor.

Not all cryptocurrency can be stored in hardware wallets. We advise you to store your crypto in wallets where you control your private keys. You don't want your free crypto to be stolen!

To avoid scams we have a few general rules:

    Never give your private keys!
    Use 2 Factor Authenticator on your wallets
    Be careful downloading wallets of smaller projects
    Never click on links redirecting to wallets
    Don’t use your main email address to apply for airdrops
    Don’t re-use your passwords when you register on a website
    Don’t send small amounts of crypto to receive your airdrop


Really good suggestions.
Many still do not have hardware wallets, So metamask is also good for both storing tokens and trading.

Offline altcoingamer

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Re: How do I keep my cryptocurrency safe?
« Reply #14 on: March 03, 2018, 03:06:25 AM »
I use MEW with Ledger.. but Metamask seems great too...common sense will take you a long way here.. just don't get phished or EVER give out private keys.

 

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