Author

Topic: Biggest Bitcoin Mistakes!?!? (Read 774 times)

newbie
Activity: 10
Merit: 1003
October 09, 2013, 02:29:26 PM
#13
Do not use 2FA and getting hacked.

+1

Question: How much does  2FA increase sercurity? I understand that the increase is substantial, but in comparison to not using it?

If you use OTP (one time password) you resist keyloggers
If not, your password can be the strongest in the world, it's still game over.
hero member
Activity: 952
Merit: 1000
October 09, 2013, 03:56:27 PM
#12
I want to know what you guys believe are the most common mistakes that new bitcoin user make!


Forgetting password  Smiley

Make sure you write it to paper so you dont loose access to your wallet in future Smiley
newbie
Activity: 4
Merit: 0
October 09, 2013, 02:13:52 PM
#11
I backup my wallet, use 2 stem authent and encrypt but how dangerous are Macs in general to these attacks?
member
Activity: 86
Merit: 10
October 09, 2013, 01:19:12 PM
#10
Do not use 2FA and getting hacked.

+1

Question: How much does  2FA increase sercurity? I understand that the increase is substantial, but in comparison to not using it?
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
October 09, 2013, 01:05:27 PM
#9
Do not use 2FA and getting hacked.
member
Activity: 86
Merit: 10
October 09, 2013, 01:01:41 PM
#8
Password?

What are you speaking about?
There is no password.


Do you mean password for this forum? Or for an online wallet?

I meant Online wallet password.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
October 09, 2013, 01:01:32 PM
#7
Failure to back up your wallet. DO IT NOW!!!!

A lot of sad stories start with a wallet that has no backup.
sr. member
Activity: 252
Merit: 250
October 09, 2013, 12:58:15 PM
#6
People not having backups of their wallets maybe...
Since everyone can encrypt their wallet, cloud backups are a good choice imo.

Also this. I backup my wallet with dropbox. No problem, because it's encrypted.
sr. member
Activity: 252
Merit: 250
October 09, 2013, 12:57:49 PM
#5
Passwords ARE NOT ENOUGH! Where possible, use 2-factor.
sr. member
Activity: 476
Merit: 250
October 09, 2013, 12:55:27 PM
#4
People not having backups of their wallets maybe...
Since everyone can encrypt their wallet, cloud backups are a good choice imo.
legendary
Activity: 924
Merit: 1132
October 09, 2013, 12:51:09 PM
#3
Keeping unencrypted wallets on Windows machines with Internet connections.

This is, of course, a self-correcting problem.

sr. member
Activity: 392
Merit: 250
October 09, 2013, 12:50:43 PM
#2
Password?

What are you speaking about?
There is no password.


Do you mean password for this forum? Or for an online wallet?
member
Activity: 86
Merit: 10
October 09, 2013, 12:48:55 PM
#1
I want to know what you guys believe are the most common mistakes that new bitcoin user make!




I would have to say that most don't realize the importance of a STRONG password.




I.e 10 charaters w/ letters, capital letters, numbers, and signs (#@$%#...etc)


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