How do I keep your Bitcoin safe?
You should always keep your Bitcoin safe. The world is no longer a safe heaven for all of us.
Here are some of the most effective methods to keep your Bitcoin safe.
Enable Two-Factor Authentication (2FA in short)
Most Bitcoin wallets allow you to enable two-factor authentication to keep your Bitcoin safe. And I know what you are thinking.
I have friends who tell me what it is really troublesome or they are not ‘techie’ enough to do so. But here’s the thing. It is for your own safety and this is going to keep your Bitcoin safe for long.
Google even have a landing page entire about this topic which you can find it here.
Use strong password to keep your Bitcoin safe
Is your password weak? Most people use passwords that are easy to remember and this could easily result in hacking along with other matters.
I highly recommend you to choose a strong password for your Bitcoin wallet. You can use software like 1password or Roboform to create and store your passwords for you – this way you will never use the same password twice ever again.
Now, what happens if you still insists on using the same password for all your Bitcoin wallets?
In this case, you should enable the two-factor authentication feature no matter what! Hackers may be able to login to your account but they will not be able to proceed because they lack the two-factor authentication code which you are the only one having it.
Use cold storage for large amounts of Bitcoins
What is a cold storage? A cold storage means your wallet isn’t present on the web or on any other computer. An example for cold storage could be a paper wallet or a flash drive that has your private key encrypted with it.
Basically, you can get devices such as TREZOR from Amazon to keep your Bitcoin safe.
How to keep your Bitcoin safe?
There are many ways you can keep your Bitcoin safe, from buying hardware from Amazon store to enabling simple security features which will help secure your account.
Either way, you need to do it right now to avoid any complications in the future!