Topic: Bitcoin Security - page 8. (Read 1982 times)
Bitcoin is a save and secure cryptocurrency.Everyone should secure their wallets from scammers.
passoword protection and its difficult select password and hard so secure bitcoin.
I think to secure your bitcoin you have to use both online and cold storage. Cold storage means offline mode btc storage. For online you have to backup regularly, update software and make encryption for the security.
You can keep your bitcoin safe both in online or offline wallet. Its better to keep small amount of btc in online for everyday use and you need to secure your offline wallet physically.
The place where you need to store bitcoin as safe and secure is called ‘’wallet’’. A wallet has some private keys for safety to access your btc. The safety of the wallet depends on the device or versions you’re gonna use.
I would suggest Desktop wallet. It is a great way to store bitcoin. You can have the easy access to your wallet with secure private key from your personal computer.
I surely believe that the security system of btc is very good. It will well set to protect from the hackers. The system is update all time so I think this system is quite good.
If you are looking for relatively safe way to keep your bitcoins then you could definitely go for paper wallet. Storing in paper wallet is easy as it don’t take much space.
To me hardware wallet is the most secure option to store bitcoins compared to desktop wallets. As no personal info is being associated to hardware there is less possibility of exposing the identical info.
Hi All
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
I am not using anything as Bitcoins is secured enough, and I have stored them in a safe wallet, I usually update my passwords often. I do not use a exchange hence I'm not concerned, about recent hacks, as it's often staged by the people working at exchanges. Well I would suggest you to, store it in a secure wallet, make sure you never share your keys, pin or seed with anyone, also make sure not to use it on a public wifi, or a virus infected device.
No I haven't brought them, and have no intention to buy them either just follow the suggestions I have said above and you should be able to secure your coins.
The security of your wallet is strictly in your hands and it is better that way than to rest it in the hands of a third party like the software you mentioned. There are a lot of security measures you can adopt to further strengthen your wallet which includes the introduction of 2FA which is a soft ware that send a code number to your cellphone and request you put down the code numbers in the field provided for your log in to be authorized and if you can not provide the code numbers you will never have access to the wallet. You can also introduce special characters when filling in your password, characters like @ # $ ! etc to make it difficult for hackers to get into your wallet.
I trust the security system of bitcoin. It improve a lot. The developers are using lot of technology to improve this sectors. It will keep update all time. So dot worry about the bitcoin security system.
Hi All
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
Me, I use online wallet to secure my bitcoin but I think there are hackers in online world so there is a chance that it will be hacked. To be sure you need to have an offline wallet but I think it is expensive to have.
Hi All
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
A wallet that has a USB size will definitely be vulnerable to being lost or you can misplace it, so you have to be really careful about it. I only use an online wallet for my BTC, I really think it's safe enough. but if you really want to be safer, you have to use an expensive wallet that is completely off line so you can be sure that it will be safe against hackers. What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
Well actually I only use an online wallet for my BTC I really think it is secure enough to handle the situation at hand, you just need to learn to activate the F2P security that the site will provide for you,
Two factor authentication offered by many websites is insecure. Many believe that SMS codes can protect one from password breaches. As we have seen, it's still possible to get control over one's phone number. Offline software wallet would be much wiser choice these days since it can't be hacked without a direct access.
That is why I am saying this kind of wallet is less secure but a more convenient, efficient and also free, Yup maybe because it is free it is also prone to hackers attack, But I like it most because of its more convenient, But if OP is really into security towards his Bitcoin and other Cryptocurrency he has or he got financial stability then go for trezor or a hardware kind of wallet that can let his Cryptocurrency storage offline and It will consider really safe to hacker attack.
the key to security is in yourself, you have to be careful and take care of your wallet, so it's not easy to steal people .
There are mobile wallets like Breadwallet, Coinbase, Copay etc and these are very reliable. However, if you can spend a bit more money then you should try out hardware wallets. They are very safe and secure to store you coins and they have enough layers of security to keep the coins intact.
I think security on BTC or whatever depends on us how to anticipate it. must be more careful and careful. I think so far BTC has good security. that's according to my personal experience. thanks.
You can always store your coins in Coinbase's system. They are not really a wallet system but you can keep your coins there and be content with it. Otherwise, hardware wallets are the way to go. Electrum, Trezor and Ledger Nano S are some great hardware wallets that will help you with storing your coins.
You now need to secure your wallet from hackers and for this you must create a strong password and try to update it with your password.
Bitcoin is comparative to have the best security system compared to other crypto currencies.
Bitcoin is comparative to have the best security system compared to other crypto currencies.
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