fbpx
Select Page

What is AI? Is AI Safe? How can I use AI?

Call Us

888-616-6972

Office

73280 Hwy 111, Suite 102
Palm Desert CA 92260

Saint George UT 84790

Hours

M-F: 9am – 5pm
Sat & Sun: By appointment

How to properly secure Bitcoin

How to properly protect your Bitcoin

What is Bitcoin?

Bitcoin is what I would call the people’s money. I call it the people’s money because it is a digital cryptocurrency that allows for peer-to-peer transactions without the need for intermediaries like banks or governments. It was created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. In my personal opinion, Mr. Satoshi Nakamoto wanted to create a fair money system that does not judge people based on their background or identity.

Bitcoin operates on a decentralized network called the blockchain, which is a public ledger that records all Bitcoin transactions. The blockchain is maintained by a network of nodes, which are computers around the world that validate transactions and ensure the security and integrity of the network.

Bitcoin is created through a process called mining, which involves using specialized software and hardware to solve complex mathematical equations that validate transactions on the blockchain. Miners receive new bitcoins as a reward, as well as transaction fees paid by users. The process of mining incentivizes real people to help run the network in a secure and decentralized way.

Unlike traditional currencies, Bitcoin has a finite supply of 21 million coins that will ever exist, making it a scarce asset. This scarcity, combined with the decentralized nature of the network, has led some people to view Bitcoin as a digital form of gold or a hedge against inflation.

(*Note. This is NOT financial advice as i am not a financial advisor. Please do your own research.)

Simple Way To Buy Bitcoin

The discussion about how to buy Bitcoin and where to buy it can be a long and drawn-out process. After years of trying dozens of platforms, I have come to the conclusion that this is the simplest process for protecting yourself and your assets. I call it the 1-2-3 jump.

Step 1 is getting your fiat currency from your legitimate and verified bank account to a cryptocurrency exchange such as Coinbase or Binance. Step 2 is sending your Bitcoin from the cryptocurrency exchange to a secure offline cold self-custodial wallet. Step 3 is properly configuring and securing your offline cold self-custodial wallet to ensure your Bitcoin is safe in the event you lose your wallet or recovery passphrase.

.

Step-1

The process of getting money from your bank account to a cryptocurrency exchange is easy when using a major exchange such as Coinbase or Binance, and a major bank such as Wells Fargo, Chase, or Bank of America. Coinbase and Binance support many banks, so if you’re in the US, your bank is likely supported. When you sign up for Coinbase or Binance, you’ll have to go through a process called KYC (Know Your Customer), which is a way of identifying and confirming that a customer is who they say they are. It’s a multi-step process that helps to prevent the creation and use of fraudulent accounts. Once your KYC has been completed and verified, you can link your bank account to Coinbase or Binance with your checking account. (*Note: this process of legitimizing yourself and using a major cryptocurrency exchange helps with the tracking process of your digital assets and for US tax purposes.)

Step-2

Once your Bitcoin has been purchased on your Crypto Currency Exchange and it sits in the exchange wallet, you will need to send the Bitcoin to your offline cold self-custodial wallet. My wallet of choice is the Nano Ledger X, which you can purchase directly from Ledger or on Amazon. (*Make sure on Amazon it says “sold by Ledger.” Never purchase a used wallet and never purchase a wallet from an unverified source.) Once you have your Ledger Nano X Wallet, you will need to install the Bitcoin App and copy the Bitcoin wallet address for later use. (*It is critical that you have a secure password manager to store this information.) I prefer to use a PC-based computer to manage the Ledger Wallet as it simplifies the process and honestly just seems to work the best. (*You can also manage the Ledger wallet via your phone, which is my second option of choice.) Now that you have the Bitcoin wallet address from the Ledger Nano X wallet, go into Coinbase or Binance and send your Bitcoin to the Nano Ledger X. Always start off by sending a small amount of Bitcoin first to confirm the address is correct and also because the passphrase needs to be secured.

Step-3

When Bitcoin is stored on a wallet like the Ledger Nano X, it is CRITICAL that the passphrase be backed up in TWO PLACES. Yes, I am writing in CAPS because it’s that important! During the setup of the Nano X wallet, it will create a unique 24-word passphrase, which is what secures your wallet and is used to recover your Bitcoin if you ever lose the Nano X wallet or if it gets damaged. I cannot express how important it is to record your passphrase in at LEAST TWO LOCATIONS. Location one is somewhere digital, such as a secure password manager that is encrypted. Location two needs to be somewhere physical, such as printing the passphrase on a piece of paper and storing it somewhere very safe. Once you have your passphrase copied down, you will need to confirm that it has been copied correctly. The Ledger Nano X Wallet has an app dedicated to testing your passphrase that you have recorded and confirming it will work in the event of a disaster. You can read about the entire recovery process HERE . Once the recovery passphrase has been confirmed and recorded properly you can now send over the remainder of your Bitcoin to the Nano X wallet for safe keeping!

Closing Comments

 

Some might be wondering why storing Bitcoin on the Ledger Nano X wallet is the secure way to store Bitcoin and my answer to that is this; When a company like Coinbase or Binance holds your Bitcoin, that company is the holder and owner of your Bitcoin. You read that correctly, THEY OWN YOUR BITCOIN. Coinbase and Binance are companies owned by humans, so you must put trust in these humans to keep your Bitcoin or other cryptocurrencies safe. In my opinion, Coinbase and Binance are the best crypto exchanges in the world at the moment, but I still do NOT fully trust them to hold the bulk of my assets. In my personal crypto journey, I was part of multiple collapses and scams that were all based on trusting humans to hold and secure my crypto. Here is my opinion; If you do decide to give your money to a human-based crypto project that owns your crypto, you better be ready to lose that entire investment and not cry about it, only put in what you can afford to lose.

Here is the thing about Bitcoin. Bitcoin is no longer a startup. Bitcoin is now a time-tested and proven method of a peer-to-peer decentralized digital asset! I am very excited for the future of finance and being part of the digital currencies era. With all the talk about CBDC (Central Bank Digital Currencies) and entire countries going digital, it is only a matter of time before it happens. As long as the government continues to exist, I will continue to HODL my Bitcoin. 

(*I am not a financial advisor and am not giving financial advice.)

Are you wondering when to buy Bitcoin and how much to put in? This can be a long and open-ended topic, but I am going to keep it simple. Ask yourself, are you a Long-Term Investor or Short-Term Trader? I personally traded stocks and crypto for two years, and it took me two years to learn that I am NOT a Short-Term Trader, and I am personally a Long-Term Investor. I personally chose the long-term game. I have my Coinbase account autopurchase Bitcoin twice per month, so I no longer have to worry about timing the market and getting stressed about when to buy, and it is a set amount per month that fits into my personal monthly investment strategy.

At the time of writing this article i currently own over 80+ Cryptocurrencies. I am most bullish on Proof-of-work cryotocurrencies which require the process of Crypto Mining. My top digital assets are bitcoin, Litecoin, Dogecoin, Dashcoin, and Kadena.

Interested in Crypto? Shoot me an email: [email protected]

What Is A Managed Service Provider

What Is A Managed Service Provider

What is a managed service provider?

A managed service provider (MSP) is a third-party company that remotely manages a customer’s information technology (IT) infrastructure and end-user systems. Small and medium-sized businesses (SMBs), nonprofits and government agencies hire MSPs to perform a defined set of day-to-day management services. These services may include network and infrastructure management, security and monitoring.

MSPs often handle management services on a daily basis so customer organizations can focus on improving their services without worrying about extended system downtimes or service interruptions.

While some MSPs may specialize in specific segments of IT, such as data storage, others focus on specific vertical markets, such as legal, financial services, healthcare or manufacturing. Managed security service providers, for instance, offer specialized types of services, such as remote firewall administration and other security-as-a-service offerings. Managed print service providers maintain printers and supply consumables. Often, MSPs perform their tasks remotely over the internet.

(Thank you to TechTarget. You can read more about Managed Service Providers and the history of the industry HERE)

The Top 10 Reasons Why You’ll Want To Outsource Your IT Support To Us:

  1. Trust Is #1. My team and I are dedicated to your success. We build long lasting positive working relationships with our partners. 
  2. Stress Free IT. We take the stress out of managing IT by streamlining systems and improving workflow. 
  3. Cutting Edge Technology. We are nerds at heart and love playing with tech. Expect nothing less than amazing technology from us. 
  4. We Respond Within 15 Minutes or Less. The average amount of time it takes for one of our clients to get on the phone with a technician. 
  5. No Geek-Speak. You deserve to get answers to your questions in PLAIN ENGLISH, not in confusing technical terms. 
  6. No-Small-Print. Quite simply, if you are not happy with our work, we’ll do whatever it takes to make it right to YOUR standards.
  7. All Projects Are Completed On Time And On Budget. When you hire us to complete a project for you, we won’t nickel-and-dime you.
  8. Lower Costs, Waste and Complexity with Cloud Solutions. 
  9. We Won’t Hold You Hostage. Many IT companies do NOT provide their clients with simple and easy-to-understand documentation that outlines key network resources, passwords, licenses, etc.
  10. Peace Of Mind About Security. Because we monitor all our clients’ networks 24/7/365, you don’t have to worry that a virus has spread, a hacker has broken in, or that a rogue employee has walked away with the keys to your castle. 

Call us Today at 888-616-6972 for a Free Customized IT Optimization Plan for Your Business Or book an appointment for your free assessment Online Today!

Contact Us

How do I know if NYPC IT Services are for my company?

Our services work best for companies who want to have a dedicated IT team and who have or want Microsoft cloud or local servers and at least 5 Microsoft computers or more. Our offering is perfect for the company who wants to offload as many of the technology services to a 3rd party specialist.  NYPC IT has a specific focus on Cybersecurity and keeping critical information protected. NYPC IT offers many services and we use these tools and techniques to improve workflow and improve your bottom line.

Does NYPC IT take new startup companies with a couple computers?

Yes, we do! NYPC IT has a standard on how IT systems are run and configured. Even a business with two or three computers will still need most of the same infrastructure as a business with 25 computers. NYPC IT. If you as the customer follows our IT systems guidelines, then we will be your dedicated IT team. Please call into our office for an evaluation (888) 616-6972

What are the costs of our small business IT services?

Every business is unique in what technology it uses. NYPC IT does a custom evaluation for every business to properly build out an IT plan. Just as an example here is a price for our basic IT maintenance package for 10 computers and 1 server would be around $500-1000 per month. Just as an example here is a price for our premium Flat Fee IT Complete Package for 10 computers and 1 server would be around $2000-$3000 per month.

Does NYPC IT do hourly rate Break/Fix IT services?

No, NYPC IT does not do noncontract hourly rate work for IT services that involve computers or servers. NYPC IT only does one-time hourly rate services for project work such as low voltage wiring, network installs, Wi-Fi solutions, Dahua security cameras, data recovery services, and custom-built high-end desktop computers.

Call us Today at 888-616-6972 for a Free Customized IT Optimization Plan for Your Business

Contact Us

Let us conduct a Free Assessment, we’ll be able to answer your top questions, such as:

  • Are your IT systems truly secured from hackers, viruses and rogue employees?
  • Are your backups configured properly to ensure that you could be back up and running again fast in a disaster?
  • Are you unknowingly exposing your company to expensive fines and litigation under new California data-breach laws?
  • Could you utilize cheaper and more efficient cloud-computing technologies to lower IT costs and make it easier to work remotely?
  • Are your systems optimized for maximum speed and performance? (I can tell you, 99% of the computer networks we review are NOT.)

Once we have a clear picture of the state, health and performance of your current IT systems, we’ll then deliver a customized IT Optimization Plan that will show you how to eliminate every single nagging problem, enable you to work faster and easier and lower IT costs wherever possible.

Optimization Plan

At The End of This Assessment, One Of Three Things Will Happen:

1. You love the plan and decide to implement it on your own. If this is the case, we’ll wish you the best of luck and ask that you keep in touch with us to let us know how you’re doing.

2. You love the plan and ask to become our client so we can personally help you implement it ASAP. If that’s the case, we’ll knock it out of the park…and that’s a promise.

Or finally…

3. In the unlikely and unprecedented event that you feel like you wasted your time, and that we don’t find a way to dramatically improve your situation, we will send you a check for $100. No questions asked. Your time is your most valuable asset, and I respect that. To date, we’ve NEVER had anyone say that we’ve wasted their time, so I feel completely comfortable making this guarantee to you.
Think about this…

The “worst” that can happen is you get $100 for “wasting” an hour having an independent third party validate and review the security, speed and health of your computer network.

The best that can happen is we work together to finally take all IT complaints off your plate.

Call us Today at 888-616-6972 for a Free Customized IT Optimization Plan for Your Palm Desert Business Or book an appointment for your free assessment Online Today!

Contact Us

Getting Ready to Make the Leap

Here is our brief “Guide to Managed Services” white paper to help you make the right decision.

Download Full MSP Buyers Guide

6 + 5 =

We're Here To Help!

Office

73280 Hwy 111, Suite 102
Palm Desert CA 92260

1136 Redwood Tree Street
Saint George UT 84790

Hours

M-F: 9am – 5pm
Sat & Sun: By appointment

Call Us

888-616-6972

History and Our Future

November 9, 2020 11:08 AM Noah Yaghoubian

NYPC_Repair opened in 2010 and here we are more than ten years later, and I find myself once again shifting with the market and moving towards what I think is the future for tech support. NYPC_Repair is now NYPC IT. We have officially moved away from the repair business and are now solely focusing on Managed Services, Consulting, and Projects. We now require all clients both residential and small businesses to sign up for a support and maintenance agreement to help you with your computers.

Through the years NYPC_Repair went from focusing on repairs for computers and mobile devices to managing small business networks and remote support. We quickly noticed the importance of helping small business clients and making sure a trusted and reliable IT company (Like us) is available when the client needs us. Over the years we have built awesome relationships with our clients. Trust in an IT relationship is the #1 priority. Trusting your IT provider is critical if we are to provide you with quality service.

For our small business clients, we focus on bringing a very well-rounded ecosystem covering everything from cloud services, managed security, custom computers, and servers to secure remote access or the wires in the walls. NYPC IT offers a wide range of IT services that makes our offering feel as if we are part of your staff and company. We take the headache of daily IT or project tasks out of your day. Business owners should not have to worry about wasting time on IT-related tasks or security concerns that eat up the day. Time is money and making sure things run like well-oiled machines are critical in today’s tech-heavy world. NYPC IT offers flat-fee IT so you can easily budget your IT-related expenses for the year. Over the years we have created a proactive preventative approach that prevents downtime and also gives our clients the ability to easily scale in size without having the high cost of random onsite visits. Every small business needs a managed service provider to help guide them on the right path towards success with their technology. If you feel we would be a fit for your business, please email us at [email protected] or give us a call at (888) 616-6972

For our residential clients, we focus on three critical areas. Anti-virus, Backup, and Updates. We feel having these three key areas being managed is critical in today’s online world. Making sure your first layer of defense is active while surfing the web and your most important photos or schoolwork is backed up is one of the most difficult tasks for a residential client to manage. NYPC IT manages those critical tasks for you. We make sure the computer has the latest updates installed, anti-virus security is installed and activated, also make sure backup has run recently and completed. Over the years we have seen far too many people lose data due to no backup or catch a virus because they had no security software installed. At NYPC IT, we take it to the next level for residential clients and now offer a support plan that includes dark web monitoring, our favorite password manager, and remote support for basic tasks such as printing and scanning or setting up your Microsoft services properly for a smoother windows 10 experience. If you feel we would be a fit for your PC please email us at [email protected] or give us a call at (888) 616-6972

For our project only clients with no computer support, we are focusing on Network Infrastructure, Security Cameras, and Custom Computers. Over the years we have run miles of cables and configured too many networks to count. Setting up a strong wired and wireless network that meets the demand for your devices is something we specialize in. We specialize in building out networks for small businesses with hotels, restaurants, bars, commercial buildings, and sometimes out of the ordinary places. Security cameras have become a daily part of life, having security cameras is a must for any home or small business. We only offer IP cameras that are made with high-quality parts and a 5-year warranty. NYPC IT camera systems are built to last and be a step above the competitor with the latest AI technology. Custom Computers are a must for the power user or someone who just wants fast reliability. NYPC IT specializes in making custom computers for daily use or for the gamer and editor who need high-end graphics,  terabytes of storage, and more CPU power. NYPC has built custom flight simulators, high-end gaming machines, Engineering AutoCAD and 2020 design machines, Plex Media Servers, DIY FreeNAS servers, and standard Windows server. If you feel we would be a fit for you please email us at [email protected] or give us a call at (888) 616-6972

Call Now Button