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Author Topic: How to store your Bitcoin, How to keep your bitcoins Safe ?  (Read 14493 times)

Offline kanerichad

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #15 on: April 15, 2023, 02:44:56 PM »
Consider adopting a non-custodial cold hardware wallet for all of your long-term bitcoin and cryptocurrency storage if you're looking for the safest option. Only keep items in your hot wallet that you want to utilise. Move your cryptocurrency back to cold storage once your transaction is complete.

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #15 on: April 15, 2023, 02:44:56 PM »

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Offline Lililang

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #16 on: April 18, 2023, 01:28:00 AM »
How close is interropability in the crypto space? I have heard about different platform, but you can't see a news where they owners of the blockchains are not talking about how to connect to each other and make it easy for users to move their assets from one platform to the other

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #16 on: April 18, 2023, 01:28:00 AM »

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Offline NineCoTen

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #17 on: May 27, 2023, 10:44:34 AM »
great!

Offline ericasam

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #18 on: August 24, 2023, 12:04:04 PM »
"Storing your Bitcoins safely is of utmost importance for the security of digital assets.
Educating yourself continuously about the best practices for Bitcoin Security and staying updated on potential threats is a never ending job.
Remember these steps can enhance the security of your bitcoins, and no method is fully foolproof.

Offline ericasam

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #19 on: October 02, 2023, 11:04:16 AM »
Storing your Bitcoin and keeping it safe is essential to protect your investment.

Choose a reputable Bitcoin wallet.

There are two main types: Hardware Wallets & Software Wallet

Remember that the security of your Bitcoin ultimately rests in your hands. By following these steps and staying vigilant, you can significantly reduce the risk of losing your cryptocurrency to theft or other security breaches.

Offline rabbit.copywright

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #20 on: November 21, 2023, 08:48:21 AM »
How to Store Bitcoin safely:
1. Hardware wallet
2. Cold storage
3. Strong security measures
4. Update software
5. Use reputable platforms
6. Backup wallet
7. Multi-signature wallets
8. Stay educated.
9. Use bitcoin loan on CoinRabbit to expand possibilities

Offline Z-tight

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #21 on: January 11, 2024, 10:37:57 AM »
To keep your BTC's safe, you either use a hardware wallet or an airgapped wallet.

A hardware wallet would cost you some money and it is easier to use, especially for newbies, you can set up an airgapped wallet using one of your old devices, but you need to know what you are doing if you must use an airgapped wallet, so it is difficult for newbies to set it up in a safe enviroment. But above all, your funds is only as safe as the device you store it in and your opsec, I.E. if you use a hardware wallet and expose your seed phrase, you'll lose your funds.

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #21 on: January 11, 2024, 10:37:57 AM »


Online Findingnemo

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #22 on: April 09, 2024, 01:10:11 PM »
Storing your Bitcoin and keeping it safe is essential to protect your investment.

Choose a reputable Bitcoin wallet.

There are two main types: Hardware Wallets & Software Wallet

Remember that the security of your Bitcoin ultimately rests in your hands. By following these steps and staying vigilant, you can significantly reduce the risk of losing your cryptocurrency to theft or other security breaches.

Hardware wallet can be the priority for non-technical users because having cold storage and managing everything on our own can be complicated.

For a small scale investor, electrum itself enough and they can take some basic security measures that can avoid getting into the hands of hackers.

  • Install wallet from the official website
  • Verify the signatures before funding the wallet
  • Keep the recovery seeds in physical format
  • Avoid installing cracked version apps on device where you installed your wallet
  • Use virtual keyboard if possible or else prefer stock keyboard
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Offline Kpopebs

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #23 on: February 12, 2025, 02:44:02 PM »
I used to save a lot of my bitcoin assets on exchanges until I recently when I came by the advices from pro traders and I'm warned to make use of Coinbase wallets and diversify my savings which now makes me less prone to being attacked, hacked and all My assets stolen from Me. Thank You everybody for the extra-education here.





Offline Amug123

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #24 on: February 25, 2025, 10:55:59 PM »
Choose a reputable and secured wallet that support bitcoin, such as hardware wallet  e g (Trezor and Ledger) also by adding extra layer of security to your wallet by requiring a second form of verification.

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #25 on: March 04, 2025, 08:58:30 AM »
You can store your bitcoin in a wallet that is user-friendly and that supports multiple cryptocurrencies, you can also consider  diversifying your bitcoin storage across multiple wallets to reduce the risk. and in other to keep your bitcoin safe when having bitcoin discussion especially on social media it very important you do not expose vital information such as passwords and your recovery seed should be kept confidential, and constantly  backup your wallet. if you can adhere to this simple rules you have nothing much to worry in keeping your bitcoin safe.

Offline TomPluz

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #26 on: March 04, 2025, 03:44:21 PM »


These days more than anytime it is imperative that we are aware how to make our digital assets safe, sound and secured no matter how small or big they can be. Nothing beats hardware wallets on this matter but if one is not into that then get into a reputable non-custodial wallet service provider...am sure you can find one that has no verifiable history of hacks and mismanagement. Losing something is avoidable if we are taking the right measures and if we also get updated with latest happenings in the market most especially regarding security. In this industry, learning will never stop so we can protect ourselves from possible attack coming from anywhere else.

Offline philipma1957

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #27 on: March 04, 2025, 03:59:56 PM »
I AM a big fan of trezor.

I have a few of them.

I use this

https://trezor.io/trezor-keep-metal-single-share

 to back up this

https://trezor.io/trezor-safe-3


I got them on sale.
« Last Edit: March 04, 2025, 04:02:51 PM by philipma1957 »
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Offline TomPluz

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Re: How to store your Bitcoin, How to keep your bitcoins Safe ?
« Reply #28 on: April 09, 2025, 05:13:40 AM »

Paper wallet is very safe though it is a little bit inconvenient so if one has the plan of holding some BTC for the long-term this can be a good option for them. Now, another safe option is hardware wallet though it can cost some money because you have to buy one. Safe is always the top priority of all of us and coming from someone whose wallet (MEW) was tricked using phishing I know that feeling of losing assets you worked for and invest with. Hacking crypto-based platforms and wallets of other people is now a multi-billion business and so we have to be careful not to be a part of the statistics.

 

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