Post
Topic
Board Bitcoin Discussion
Re: How do you protect your digital coins?
by
Vishnu.Reang
on 20/05/2019, 13:16:24 UTC
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
Buying the coins is not the important factor, but storing your valuable is the problem, if you are planning to invest in virtual currency make sure you spend money to get a hardware wallet to safely store your coins or you can store in a hard disk which is not connected online and if you make sure that is done and you have a good password and you control the private keys, it is well and good and your coins are safe and never use open WiFi connections and any other insecure internet connection if you store your coins in your laptop.

A hardware wallet is not 100% secure. There is always a chance of losing the recovery sheet or someone stealing the wallet. Online wallets such as Blockchain.info are as safe as any hardware wallet, if you take the necessary security precautions. Just do 2FA and email verification and your online wallet will be fine and protected against the hacks.