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Author Topic: Best way to store Bitcoin  (Read 4089 times)

Offline Domithra

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Best way to store Bitcoin
« on: June 14, 2018, 12:31:37 PM »
The best way is to use hard ware wallet like the Ledger Nano S. With this, you can enable the physical authentication which will be required before any transaction can be made. Hackers will then need access to that physical authentication which may appear in the form of a button before they can transfer your Bitcoin.
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Best way to store Bitcoin
« on: June 14, 2018, 12:31:37 PM »

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Offline wahyudi

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Re: Best way to store Bitcoin
« Reply #1 on: June 14, 2018, 08:43:40 PM »
store in an online wallet and double security, I think it's most appropriate to store bitcoin

Offline WolfwOod

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Re: Best way to store Bitcoin
« Reply #2 on: June 15, 2018, 06:55:57 AM »
The best way is to use hard ware wallet like the Ledger Nano S. With this, you can enable the physical authentication which will be required before any transaction can be made. Hackers will then need access to that physical authentication which may appear in the form of a button before they can transfer your Bitcoin.
Yes I absolutely agree with Ledger Nano S. For the best security, you require cold storage. Cold storage in the blockchain realm simply means a device that is disconnected from the Internet. This is the toughest security measure possible to safeguard any crypto-investment from the prying interests of hackers.

Even if your wallet were to fall into the wrong hands, cold storage solutions offer high-end encryption to deter even the toughest hacks.
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Re: Best way to store Bitcoin
« Reply #3 on: June 23, 2018, 03:13:02 PM »
The easier way to store your bitcoin and other cryptocurrency is in a digital wallet online, or locally on your smartphone or computer. But leaving your bitcoin in public view can open you up to attacks from hackers and phishing scams. That’s why the best option is a hardware wallet that stores your bitcoin offline.

Offline Miftakhul

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Re: Best way to store Bitcoin
« Reply #4 on: June 24, 2018, 01:37:57 AM »
save in the wallet swallow which to the sure already confident safe and make a secret note when forgot it is safer in my opinion but according to you how boss
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Re: Best way to store Bitcoin
« Reply #5 on: June 24, 2018, 08:33:05 AM »
The best way is to use MyEtherwallet with this we can enable the physical authentication which will be required before any transaction can be made.Hackers will then need access to that physical authentication which may appear in the form of a button before they can transfer our bitcoin.We should store it in an online wallet and double security.I think it is the most appropriate to store bitcoin.
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Re: Best way to store Bitcoin
« Reply #6 on: June 24, 2018, 09:20:29 AM »
The best way is to use hard ware wallet like the Ledger Nano S. With this, you can enable the physical authentication which will be required before any transaction can be made. Hackers will then need access to that physical authentication which may appear in the form of a button before they can transfer your Bitcoin.

Only myetherwallet is the only awallet i know that i can use to store by bitcoin.
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Re: Best way to store Bitcoin
« Reply #6 on: June 24, 2018, 09:20:29 AM »


Offline dmitriybulatov

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Re: Best way to store Bitcoin
« Reply #7 on: June 28, 2018, 03:16:40 PM »
I agree with cold storage, and if a lot of different coins, not only bitcoin, it is better to break into several wallets for safety .

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Re: Best way to store Bitcoin
« Reply #8 on: June 28, 2018, 05:46:34 PM »
I have not use the ledger Nano S. so can not give a comment about it but to me, i think the best way is to  use as many wallets you want with double security

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Re: Best way to store Bitcoin
« Reply #9 on: June 29, 2018, 03:58:49 AM »
That is one how to secure our digital assets so that no one can steal because bitcoin one of the best investment among altcoin.
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Re: Best way to store Bitcoin
« Reply #10 on: June 30, 2018, 02:23:39 AM »
If you want to keep it long term, paper wallet is the safest one, but if you prefer to be easily accessible then ledger can be used. As long as there's access to the internet, any method is not safe at all. But there's no choice but to trust.
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Re: Best way to store Bitcoin
« Reply #11 on: July 01, 2018, 03:21:04 AM »
Before owning any bitcoin, you need somewhere to store them. That place is called a "wallet." Rather than actually holding your bitcoin, it holds the private key that allows you to access your bitcoin address (which is also your public key). If the wallet software is well designed, it will look as if your bitcoins are actually there, which makes using bitcoin more convenient and intuitive.

Actually, a wallet usually holds several private keys, and many bitcoin investors have several wallets.

Wallets can either live on your computer and/or mobile device, on a physical storage gadget, or even on a piece of paper. Here we'll briefly look at the different types.

For more information read here: https://www.coindesk.com/information/how-to-store-your-bitcoins/

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Re: Best way to store Bitcoin
« Reply #12 on: July 01, 2018, 09:26:06 AM »
The best way is to use hard ware wallet like the Ledger Nano S. With this, you can enable the physical authentication which will be required before any transaction can be made. Hackers will then need access to that physical authentication which may appear in the form of a button before they can transfer your Bitcoin.

Exactly as you have said it. Again, keeping all private keys out of reach of a second party is key.
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Re: Best way to store Bitcoin
« Reply #13 on: July 01, 2018, 04:33:14 PM »
If I think if we do not shop too hurry to be sold if coin again cheap.
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Offline Burdogs

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Re: Best way to store Bitcoin
« Reply #14 on: July 01, 2018, 05:30:10 PM »
The best way is to use hard ware wallet like the Ledger Nano S. With this, you can enable the physical authentication which will be required before any transaction can be made. Hackers will then need access to that physical authentication which may appear in the form of a button before they can transfer your Bitcoin.
For me trezor and ledger nano s is the safest hardware wallet.

 

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