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Author Topic: How to store your Bitcoin, How to keep your bitcoins Safe ?  (Read 10850 times)

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1 - Cold Storage - Paper Wallet - Safest

To generate : https://www.bitaddress.org

Instructions:

At your service.

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Offline Leebecks

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #1 on: March 04, 2020, 06:23:53 PM »
Is there a payment before opening an account.

Offline mnixxo.crypto

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #2 on: March 04, 2020, 06:41:39 PM »
Is there a payment before opening an account.

What are you writing about? Can you specify.

One note to the paper wallet. Paper wallet is really safe if you want to hodl BTC. But if you want to withdraw or send BTC, you must be online at the internet. And that is big disadvantage.
mnixxo.crypto

Offline Felsa

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #3 on: April 23, 2020, 08:22:38 PM »
The bitcoin is very manageabled, it is very easy to keep your bitcoin safe. Bitcoin is managed by the owner, it is never handled by the third party  eg the banks. This means, you can select your own password and change it as frequent as you can. This will help you to keep off the frauders who may squander your share. You should share your password with anybody.

Offline JR

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #4 on: November 21, 2020, 06:36:56 PM »
Paper wallet!
Hmmm
Will try soon.

Offline Gostudio

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #5 on: December 06, 2020, 03:40:38 PM »
Paper wallet!
Hmmm
Will try soon.


You must try it for yourself.

Offline gurunanakji777

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #6 on: April 11, 2021, 02:32:03 PM »
I trust Hardware Wallet (Trezor) to secure my bitcoin. We have seen many cases in the recent time where bitcoin holders lost their keys so that can not retrieve again unless you secure your keys to another place. Losing keys means total loss because we do not have the option to click the forget password and can make the new so negligence can cost huge to anyone So I suggest keeps your keeps in 2 places so that if by mistake you lost it from one place still you would have the option to access from another place.  Bitcoin is a gem keep it always safe it has changed many trader's life financially.

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #6 on: April 11, 2021, 02:32:03 PM »


Offline MilanaMine

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #7 on: July 29, 2021, 07:06:20 AM »
The bitcoin is very manageabled, it is very easy to keep your bitcoin safe. Bitcoin is managed by the owner, it is never handled by the third party  eg the banks. This means, you can select your own password and change it as frequent as you can. This will help you to keep off the frauders who may squander your share. You should share your password with anybody.
This will not save you from being intercepted by a virus. Then your coins will be stolen within hours. Changing your password won't help either.

Offline JR

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #8 on: August 11, 2021, 06:50:29 AM »
A helpful one.
Will try soon.

Offline roberalberto25

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #9 on: August 15, 2021, 12:17:39 PM »
You can keep it in several trusted wallets like, coinbase wallets or Binance wallets.

Offline Natalie777

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #10 on: February 11, 2022, 11:42:39 PM »
When you keep your coins on Exchange wallets, you don't have full control over your funds, so it's not the safest method. This guy from BTC Sessions is also mentioning that.

Offline Sitzbrett8q

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #11 on: February 12, 2023, 08:26:49 AM »
several types of wallets, including desktop, mobile, web, and hardware wallets. Desktop and mobile wallets are considered hot wallets because they are connected to the internet and are therefore more susceptible to hacking. Web wallets are considered even less secure, as your private keys are stored on a third-party server. Hardware wallets are considered to be the most secure form of wallet, as they are stored offline and are therefore not susceptible to hacking.

Offline chongjasmine

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #12 on: February 24, 2023, 06:16:09 AM »
Paper wallet might be safe, but it is inconvenient. Hardware wallet is too expensive. I prefer Guarda, though it is less safe.

Offline Beep Beep Bitcoin

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #13 on: March 02, 2023, 05:37:53 AM »
storing the bulk of your Bitcoin on a Hot wallet is not safe. Use a hot wallet for smaller amounts that are required for trading and keep a large number of cryptos in a cold wallet.

Offline kriptopoulin

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #14 on: March 20, 2023, 08:49:29 AM »
You can store your Bitcoin in a digital wallet that has strong security measures, such as two-factor authentication and encryption. learn more at the moon channel on youtube.
I am a crypto trader for the last 5 years.The Moon channel has been extremely helpful in this regard.
If you're looking to invest in crypto,visit The Moon channel to stay ahead of all the latest news on cryptocurrency.
https://www.youtube.com/@themoon

 

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