Top 3 Bitcoin security and safety tips

[Nheer]

1. Separate your bitcoins to hot and cold wallets

Online wallets are called “hot wallets”, since they are at high risk to network based attacks. If you are running any kind of Bitcoin online business, offline (‘cold’) wallets will be a better tool. They are way safer and they are not so attractive for hackers. It would be ideal to keep the bulk of your Bitcoin funds on the cold wallet. And for your day to day Bitcoin transactions keep just a small float of your Bitcoins on your online wallet.

The safest wallets are offline wallets and for day to day transactions you need an online wallet surely for fast and easy transactions but i would still recommend a non custodial hot wallet where the keys of your wallet is in your possession. Using a custodial wallet is risky as the private keys are not in your possession and one can easily get scammed or exchange can get hacked.

2. Store private keys offline

This is a very essential part every bitcoin investor should take note of, storing of private keys online will expose the keys and your assets to hack attacks that will lead to asset theft. It is very common nowadays so to safeguard our assets we should store our keys offline away from internet connection as anything connected to the internet can be compromised.

Storing offline doesn’t mean we should keep them in a place we can easily forget but rather in a place we can easily access them and also it would be wise to make duplicates and storing each in a seperate location in case any unexpected situation.

3. Use fragmented backups

Never thought of this but this sounds like a smart idea making it very difficult for anyone to use even though they come across any fragment. But it would be wise to make duplicates of each fragments in case of unexpected situations.

[NikeFit_7777]

and do not use your Mobile with wallets to any other sites specially link checking becasue it will be compromised , better to use separate
gadgets from your crypto gadgets to your normal using mobile .
this is what I am doing to never let issues comes my way in terms of security so not just  unverified sources but try to use
off line wallets instead and that is the best way to keep your funds safer.

Yeah, I know, I've heard about this way. But I haven't used it. Haven't used it, for the reason that it takes a large amount of action.

There are a few questions on this topic:

- Do you disable Android/IOS updates?
- I take it you do not connect your smartphone to the Internet (Wi-Fi) network in any case?
- How long have you been using this security method?
- Tell us about any problems that have occurred.

P.S. If you don't want to, you don't have to answer. But it is really interesting. Especially have never, used this method before. 

[IvugeoEvolutionCoin]

Storing the seed-phrase offline also requires a media that is resistant to damage so that it will secure the seed-phrase.
Many media such as steel plates, aluminum etc. can be used to print seed phrases.

Instead of just using paper which will certainly be easily damaged and eventually can no longer be read, this will make the wallet inaccessible.
Storage is also important and should be well-thought-out.

For creating a basic storage wallet, it is recommended to avoid using modern smartphones. These devices have not been fully explored yet, and many apps have unlimited access to smartphone settings, including folders where data is stored. Therefore, it is unknown what data they are sending to the network. If you choose to use a smartphone, it should only be as one of the signatories for a multi-signature wallet.

Usually the smartphone will provide information that there is an application running in the background, and it is better for the wallet installed on the smartphone to be equipped with high security, for example, having to provide fingerprint verification or other security systems. So far, smartphones are still not completely safe, so you have to remain vigilant.

[taufik123]

2. Store private keys offline

This is a very essential part every bitcoin investor should take note of, storing of private keys online will expose the keys and your assets to hack attacks that will lead to asset theft. It is very common nowadays so to safeguard our assets we should store our keys offline away from internet connection as anything connected to the internet can be compromised.

Storing offline doesn’t mean we should keep them in a place we can easily forget but rather in a place we can easily access them and also it would be wise to make duplicates and storing each in a seperate location in case any unexpected situation.

Not only offline storage that must be considered, but the media used to store or print the Seed Phrase also needs to be considered.
Karen, if you only store it on a piece of paper, it is very easy to break.

Many print media change steel, iron, stainless plates that can be chosen to store seed phrases and the price is also quite comparable to the quality provided.

Also, make sure to have well-stored backups in various places, Backup1, Backup 2 etc.

https://thebitcoinhole.com/seed-backup

[Nheer]

2. Store private keys offline

This is a very essential part every bitcoin investor should take note of, storing of private keys online will expose the keys and your assets to hack attacks that will lead to asset theft. It is very common nowadays so to safeguard our assets we should store our keys offline away from internet connection as anything connected to the internet can be compromised.

Storing offline doesn’t mean we should keep them in a place we can easily forget but rather in a place we can easily access them and also it would be wise to make duplicates and storing each in a seperate location in case any unexpected situation.

Not only offline storage that must be considered, but the media used to store or print the Seed Phrase also needs to be considered.
Karen, if you only store it on a piece of paper, it is very easy to break.

Many print media change steel, iron, stainless plates that can be chosen to store seed phrases and the price is also quite comparable to the quality provided.

Also, make sure to have well-stored backups in various places, Backup1, Backup 2 etc.

https://thebitcoinhole.com/seed-backup

Paper can easily be damaged as it is too fragile, and in case of unforeseen circumstances it is not reliable and will get damaged easily. Strong materials like steel, metal or iron are should be considered more and can offer more protection against damage. Also duplicate backups are necessary incase one forgets about where s/he stores them or maybe something happens.

[Dr.Bitcoin_Strange]

Paper can easily be damaged as it is too fragile, and in case of unforeseen circumstances it is not reliable and will get damaged easily. Strong materials like steel, metal or iron are should be considered more and can offer more protection against damage. Also duplicate backups are necessary incase one forgets about where s/he stores them or maybe something happens.

Yeah, while paper is not really very safe, I think there are other means to support it that can make it more safe. There was a sophisticated plastic container I saw one day that has a very thick rubber skin that water cannot penetrate, and it also cannot corrode or rust because it's made of rubber.

If perhaps you write down your secret phrase and place it in such a container and bury it somewhere in your house, it can stay for years without anything happening to it.

Storing secret phrases on papers will easily be duplicated depending on how you secure the paper, like what you said, there is always a need to have the phrase duplicated on a different paper.

[EthereumDev_]

Yeah, while paper is not really very safe, I think there are other means to support it that can make it more safe. There was a sophisticated plastic container I saw one day that has a very thick rubber skin that water cannot penetrate, and it also cannot corrode or rust because it's made of rubber.

If perhaps you write down your secret phrase and place it in such a container and bury it somewhere in your house, it can stay for years without anything happening to it.

Storing secret phrases on papers will easily be duplicated depending on how you secure the paper, like what you said, there is always a need to have the phrase duplicated on a different paper.

The safest way to store secret phrases is to print them on paper, cover them with a thick layer of security that can still be read without having to open the protector, and put them together with several other important certificates, for example, house certificates or other important files, so that the family can find them. secret phrases that you have and that can be used easily.What is certain is that this method is so that when something happens to us in the future, the family can still utilize all the digital currency assets that we have, which can help ease the burden of problems in your family when something bad happens to you.

[Baofeng]

Yeah, while paper is not really very safe, I think there are other means to support it that can make it more safe. There was a sophisticated plastic container I saw one day that has a very thick rubber skin that water cannot penetrate, and it also cannot corrode or rust because it's made of rubber.

If perhaps you write down your secret phrase and place it in such a container and bury it somewhere in your house, it can stay for years without anything happening to it.

Storing secret phrases on papers will easily be duplicated depending on how you secure the paper, like what you said, there is always a need to have the phrase duplicated on a different paper.

The safest way to store secret phrases is to print them on paper, cover them with a thick layer of security that can still be read without having to open the protector, and put them together with several other important certificates, for example, house certificates or other important files, so that the family can find them. secret phrases that you have and that can be used easily.What is certain is that this method is so that when something happens to us in the future, the family can still utilize all the digital currency assets that we have, which can help ease the burden of problems in your family when something bad happens to you.

And then maybe store it in safety deposit box in a bank and have someone access it in case something bad happen to you. But in any case though, every one of them has single point of failure. Even here, what if you and your wife divorces or she secretly access it early?

So it's really hard to think of it, but just remember to have everything in place though. Everyone is very different as far as backing up or making sure that this investment is secure. One tip might not be enough for everyone, so look for what's going to fit yours.