Post
Topic
Board Marketplace (Altcoins)
Re: HOW TO KEEP YOUR BITCOIN SAFE AND SECURE
by
MelanBago
on 19/04/2018, 10:53:15 UTC
Dear all,
Cryptocurrencies can feel secure, because they decentralize and often anonymize digital transactions. They also validate everything on public, tamper-resistant blockchains. But those measures don't make cryptocurrencies any less susceptible to the types of simple, time-honored scams grifters have relied on in other venues.
So what would you do?

Please share your opinions!
Thanks.
Keeping our crypto currencies in our wallet is much better than storing them in Exchanges. It is safe to store in our own wallet our Bitcoins and altcoins but its our responsibilty to keep our wallet safe and secured. Since the wallets in the exchanges do not have the private keys, the Exchange is the owner of the coins which is stored in the Exchange. Whatever happen, we cannot get it cuz we dont have access to the private keys. So I myself, I avoid putting any coins in any Exchange. I put them in my hardware wallet. But just in case you dont have a hardware wallet, better store them in your computer and keep all your data and file, including your private keys and seeds in a notebook or paper wallet. Avoid phising sites and secure your computer as you can.