Post
Topic
Board Bitcoin Discussion
Re: Thread : HOW TO PROTECT YOURS BITCOIN & ALTCOINS !
by
Clavulanic
on 30/09/2018, 15:57:01 UTC
Hello guys !

I'm going to write the main things you need to do to protect yours bitcoins & altcoins.

First of all , let me advice you something:

If you hold less than 1.5/2 BTC , do not buy a ledger wallet or others stuffs like that.
For me , it's a lake of money , really.

So , let me introduce you the differents ways to hold your cryptocurencies. (from the safest to the less safe) :
  • 1 :   Ledger .
    I won't introduce more Ledger , Google is your friend.
  • 2 : Mobile Application :
    Bread !
    Really easy to use , and it's safe , with 2FA Authentificator , for example.
  • 3 : Desktop Wallet !

    If you want to use it , just go on the website of your cryptocurrencies , and look for the desktop wallets !
    For example , for bitcoin , electrum is really good !
    Just do some research if you want to know !

    Ps: Desktop Wallet could be safer than a mobile application if the computer isn't connected to internet ! (the goal of the computer is only to store cryptocurencies : no virus !  Wink  )
  • 4: Exchanges :

    The worst way to store yours cryptocurencies ... Store in exchanges , like Binance , ....

    If you do that , PLEASE , follow this rules :
    • Use a strong Password ! (symbols , nombers , letters )
    • Use 2FA AUTHENTIFICATOR
       

Have a nice day guys Smiley

Yes this is Helpful and very effective too, but still there are still cases that investors falls into the pitfalls of the scheming individuals who are out there waiting for our every wrong move so keep in mind avoid mistakes and follow the guidelines.