Bull run has started we need to be careful with our device

BALIK

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Quote from: shield132 on November 20, 2024, 04:14:47 AM

Quote from: DPHOR on November 13, 2024, 12:54:46 PM

I never wanted to share this with the forum but i felts it would also help most of us here and also let people be more conscious with their phones or devices especially in this bull run.

No, it's good that you shared this story with us. I haven't thought much about that but from today I'll be more careful and I believe many people, who read this story, will be careful with their showy lifestyle and devices.

We don't even need this story to learn a lesson and be more careful when using our phones. I believe that smartphones have become an indispensable part of our daily lives and many people even value it more than many other things in life. It is not only a tool for entertainment or communication with people but many people also use it to store sensitive information and data so protecting it must almost always be ensured.

Quote from: shield132 on November 20, 2024, 04:14:47 AM

Quote from: DPHOR on November 13, 2024, 12:54:46 PM

I was like what could be the problem or could it be that some people already gotten information about him to have come to rob him this way?

It could be a coincidence. Phone thefts are very common these days because many people carry expensive smartphones and there are some pawnshops that thieves use to sell stolen smartphones. I believe that this will be the case because I know many people who were a victim of phone theft and back then Bitcoin was not popular, many people had no idea about it and smartphones also weren't good enough to be able to save your coins there. But there is also a chance that your friend has a fake friend who befriends with other bad people and that's why they robbed him.

This is just a coincidence because even if the thief knew he was a bitcoin investor, I wonder how they could have accessed his phone to get that important data. Since most people have multiple layers of security turned on to protect their phones, I don't think it's easy for someone else to hack into their phones.

I don't know if Android phones are easy to jailbreak but for Apple devices like iPhones the chances of getting into the phone are almost zero without the password. That's why I usually prefer using iPhone over Android phone.

shield132

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Quote from: DPHOR on November 13, 2024, 12:54:46 PM

I never wanted to share this with the forum but i felts it would also help most of us here and also let people be more conscious with their phones or devices especially in this bull run.

No, it's good that you shared this story with us. I haven't thought much about that but from today I'll be more careful and I believe many people, who read this story, will be careful with their showy lifestyle and devices.

Quote from: DPHOR on November 13, 2024, 12:54:46 PM

I was like what could be the problem or could it be that some people already gotten information about him to have come to rob him this way?

It could be a coincidence. Phone thefts are very common these days because many people carry expensive smartphones and there are some pawnshops that thieves use to sell stolen smartphones. I believe that this will be the case because I know many people who were a victim of phone theft and back then Bitcoin was not popular, many people had no idea about it and smartphones also weren't good enough to be able to save your coins there. But there is also a chance that your friend has a fake friend who befriends with other bad people and that's why they robbed him.

tygeade

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Quote from: Adams0001 on November 19, 2024, 09:03:43 AM

any online business or investment you are doing needs to be kept secret because it is not physical work, so you need to hide, especially if you are talking about bitcoin. You don't know who likes you and is looking for your secret so that he can harm you and gain access to your property, so we should always hide our things we are doing because we meet different people and you can't predict who will love you. Keeping your bitcoin in exchange will be a big risk, because you don't have your secret phrases and exchange can be a 100% sure that they will stay for ever. But when you stole it on a good wallet and keep your secret phrases hide that know one will get access of it. Is good to share to your love once about bitcoin to invest so that they won't be asking how I you getting money from, but you should just guide them on he he works by not telling them how much you have, on your wallet.

Some people failing to do this is the problem. If I ever did any online business, and I do not mean like bitcoin, bitcoin is definitely something I would hide 100% without a doubt but I mean like even a small ecommerce thing, like selling necklace or trinkets and such, the very simplistic idea of a business, I would still hide that as much as I can without putting anything further into it at all.

There is no reason to promote it to my surroundings, there are already like maximum of 100 people who know about me, so even if all of them know, what are they going to help me with? There won't be anything that would be putting that much into play here and I believe we shouldn't really be worried about it at all. I am pretty certain that the best way to move forward would be just focusing on hiding and making money without telling anyone you know. Promote the business, not yourself and you should be able to do a good job without a doubt.

Adams0001

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Quote from: jcojci on November 14, 2024, 06:08:35 AM

Never tell others about your Bitcoin. Don't leave your Bitcoin in your smartphone when you go out from home and leave the seed safe in a place that only you will know. Don't store your coins in an exchange and moves your coins in separate wallets which you can fully control. While you are in public area, it is better not talk about Bitcoin or how many Bitcoin you have because that can attract bad people to know for more and rob you.

This case can happens if we are not aware with the situation and want to show off to all of our friends or families. We don't know who we can trust from them so we must be careful and only tells to some people about Bitcoin but don't tells the exact amount.

If your friend keep the credential of all of his accounts, maybe he can gets his account in the exchanges.

You are correct, any online business or investment you are doing needs to be kept secret because it is not physical work, so you need to hide, especially if you are talking about bitcoin. You don't know who likes you and is looking for your secret so that he can harm you and gain access to your property, so we should always hide our things we are doing because we meet different people and you can't predict who will love you. Keeping your bitcoin in exchange will be a big risk, because you don't have your secret phrases and exchange can be a 100% sure that they will stay for ever. But when you stole it on a good wallet and keep your secret phrases hide that know one will get access of it. Is good to share to your love once about bitcoin to invest so that they won't be asking how I you getting money from, but you should just guide them on he he works by not telling them how much you have, on your wallet.

Fivestar4everMVP

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Quote from: DPHOR on November 13, 2024, 12:54:46 PM

I was like what could be the problem or could it be that some people already gotten information about him to have come to rob him this way?
This easily speak to me that is a results of his showy lifestyles and if he is that calm or doesn't always show off about his bitcoin investment there wouldn't had been a day such incidents could had happened to him, or just imagine I came out with my phone i could have also lose my phone. The funny thing is that he doesn't leave his assets into a non custodial wallet, instead he keep saying that he preferred leaving his assets into exchange to enable him to trade when the market requires to trade or when their is a sharp buy or sell. But now, he lost everything; his phone, assets.

Well, he may not have actually lost everything as you said, he simply lost his phone and that's it.
If your friend has a lot of money and doing well as you made us believe, then he must be using a high end phone, which simply means that the phones security would be high or a top notch depending on the make and product.

If the above be the case, and the phone is locked when the robbers snatched the phone, they will have no access to the data contained inside the phone until the flash it, which permanently erases the data on the phone leaving the robbers with a brand new-like phone in terms of os and software, to access any of your friends private account on any platform or exchange, the robbers will need his login details which includes email address and password, and maybe a 2fa code which is a mandatory requirement for most top crypto exchanges this days.

So, for now, it's wrong to say or assume that your friend lost everything, he simply lost his phone, which he can get another and recover back his trading Funds and accounts.

But all the same, I get the message, which is that we all should be careful how we show ourselves or go out at night, thanks very much for the advice.

dzungmobile

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Quote from: batang_bitcoin on November 15, 2024, 06:36:19 PM

That's right, you have to careful as well with your hardware wallet and keep it on a place where it is not reachable by your kids, toddler or anyone that randomly comes to your house. Do not be so vocal about it because once you do, people's interest will be thrown to it and I've told that long time ago to my friends and then they have understood the importance of it. But the good thing with that experience is that the majority that I've told about owning a hardware wallet didn't even budged to start owning any amount of BTC.

Having intention to buy a hardware wallet and use it to store your bitcoin is good but you need some more things.

Buy it a right way.
Backup your wallet a right way.
Know how to recover your wallet from backup.
Store both your wallet and your wallet backup safely.

[GUIDE] How to buy a Hardware Wallet the right way
How to backup a seed phrase?
Thoughts on secure storage of Bitcoins and other crypto assets

GideonGono

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Quote from: DPHOR on November 13, 2024, 12:54:46 PM

~snip
I was like what could be the problem or could it be that some people already gotten information about him to have come to rob him this way?
~snip~

There is a high chance that your friend was just unlucky at that night, and also does your friends phone doesn't have a lock to prevent others from opening it?
Doesn't he know how to secure his phone so that even if he lose it others couldn't easily access or use it?
If he does he might just have lost his phone and secure his investment.

batang_bitcoin

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Quote from: uneng on November 14, 2024, 05:15:32 PM

Quote from: batang_bitcoin on November 14, 2024, 03:44:55 PM

That is why you need to be lowkey with what your investments are. Even not in Bitcoin, you need to keep yourself away from the attention of the many because that's how they're getting the idea of what you do and how do you do. Having your assets on a mobile app is also a no-no. A big mistake that someone does that and that's why hardware wallets are important for which you can simply keep it in a place where it is secure and the next thing that you'll have to think of is on how you'll keep your seeds/private keys and those important stuff.

It's important to keep the hardware wallet and its private keys at home stored in a safe place nobody else has access in a frequent basis. It's not necessary to have a vault, but if the investor has a safe drawer it must be already enough. Also, it's important to make sure it's a clean and dried place in order to not damage the device along the time. Investors just have to take extra precautious if they have children around, since they are curious and want to play with every objects they find. On the other hand, for an investor who lives by himself it must be pretty easy to organize the safety of his financial gadgets such as hardware wallets without unexpected troubles.

That's right, you have to careful as well with your hardware wallet and keep it on a place where it is not reachable by your kids, toddler or anyone that randomly comes to your house. Do not be so vocal about it because once you do, people's interest will be thrown to it and I've told that long time ago to my friends and then they have understood the importance of it. But the good thing with that experience is that the majority that I've told about owning a hardware wallet didn't even budged to start owning any amount of BTC.

GeorgeJohn

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The only advice I will give you is that bitcoin is like school you have to learn and understand some procedures of Bitcoin before you go into Bitcoin I know very well that investing in Bitcoin is all about your personal decision because it has to do with the advantages and the disadvantages because there is a time you will invest in Bitcoin and you will not make a profit you will experience a loss and there is also a certain time you will invest in Bitcoin you make a profit depend your carefulness and how curious you are to make a better profit both in Trading and the holding of Bitcoin

coolcoinz

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My phone is well protected, I share my location with people I trust, I don't carry around a lot of money and my phone wallet is backed at home, so I can move the money before they break into it. Also, It's not that much money to risk an attack. Not to mention that I have a pepper spray with me...

I agree with what you're saying about not becoming a target. When i the crowd you always want to be in the shadows. You don't want to flash the most expensive clothes, watch, phone, because there's always someone watching. They want you to stand out because that makes you look better than average, also makes you a better than average target for theft. It makes it look like you're worth watching. They want to know what car you drive, where your house is, how many people are with you.

Be aware of your surroundings. Street is a jungle and there are bigger predators than you living there.

SOKO-DEKE

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Quote from: Zoomic on November 14, 2024, 09:30:32 AM

This period, alot of bitcoiners are actually drawing attention to themselves without them being conscious of their actions. The social media space right now is filled with bitcoiners celebrating every price increase with posts and hashtags sending different signals to different people. We might have tried our best in protecting our wallets/coins from hackers, but physical theft of our devices and other belongings is still a loss to us. It is not security wise to engage in activities that will expose our identity. Security risks in bitcoin investment is not only limited to cyber theft, physical theft too is possible when people see us as potential targets.

Honestly, you have given good advice, and I believe this will serve as a good reminder. At this period, a lot of people don't pay much attention to providing more security for their wallets. Most people’s minds are only focused on ways to make money in this bull run by following signals and clicking on links they see on social media.Let’s not be too blinded by the desire to make money and forget to give attention to our wallets. Someone may actually make a lot of money, but at the end of the day, they might find their wallets empty. Let’s be aware that during this period, scammers may come up with different tactics to scam people. Therefore, it’s better to be careful with whatever we are doing in the cryptocurrency market and let try as much as possible that we don't expose ourselves that we have Bitcoin because attacks and come from any side either physically attacking or through internet.

Baki202

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Quote from: Zoomic on November 14, 2024, 09:30:32 AM

This period, alot of bitcoiners are actually drawing attention to themselves without them being conscious of their actions. The social media space right now is filled with bitcoiners celebrating every price increase with posts and hashtags sending different signals to different people. We might have tried our best in protecting our wallets/coins from hackers, but physical theft of our devices and other belongings is still a loss to us. It is not security wise to engage in activities that will expose our identity. Security risks in bitcoin investment is not only limited to cyber theft, physical theft too is possible when people see us as potential targets.

A lot of people can not even hide how they feel because they want their life to be like testimony so that people will be able to follow their footsteps and it is actually very dangerous to tell people about what you are worth that why you see that some people will even become a target, it's good to share experience but at the same time you can also keep a lot of things to your self. And you see people posting a lot of things about what they are have and the rest, it is good to be happy with how the price of bitcoin is going and their is no way that people you won't be happy because the moment you start making profits the more you are happy because their is no genuine happiness than making money, the circumstance that their is no way that you won't make money from crypto only when you know the process and you can play by the rules.

Z-tight

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Quote from: KingsDen on November 14, 2024, 05:16:51 PM

Finally, they snatched your friend's phone and that does not mean they have automatic access to his exchange account. Your friend should have a security lock in his phone whereby if the phone is flashed, it will return to factory settings. Besides, your friend also has two-factor verification for login into the exchanges.

Yeah, i think this was just a case of robbers snatching the victims phone and it had nothing to do with crypto, as the op and some other people in the thread tend to believe. If the criminals wanted to steal crypto from him, they would not snatch the phone, they will rather abduct the victim and force him to send the crypto to them. This criminals will simply format that phone and sell it off.

joniboini

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Quote from: KingsDen on November 14, 2024, 05:16:51 PM

Finally, they snatched your friend's phone and that does not mean they have automatic access to his exchange account. Your friend should have a security lock in his phone whereby if the phone is flashed, it will return to factory settings. Besides, your friend also has two-factor verification for login into the exchanges.

I've asked the same thing previously, but OP doesn't reply. So yeah, it sounds unbelievable for someone who's been trading for a while to ignore every basic security protection exchanges give them. Then again I saw someone make stupid mistakes here and there even though they know it's bad practices, such as using a regular paper to back up their private key without any protection whatsoever, store back up on a cloud storage, etc.

mirakal

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Bull run or not, we need to be accountable with our own devices. Most especially if that is the source of our main funds, then it should be given the highest care. And as much as possible, be lowkey and avoid showing off because that will only give hints to the people around that you are having financial independence. Ensure your investment in a hardware wallet so that if anyone snatched your phone, your investment won’t be easily accessible at all. Be cautious and be responsible of your own investment safety.

KingsDen

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Goodnight, o_e_l_e_o 🌹

Your advice is making sense but it is not derived from the story you narrated. In fact your story and the advice is not related and I could even say that the story is totally made up. Even if the story was to be true, anyone can be rubbed at night standing by the roadside whether a bitcoiner or not.

Secondly, your friend was not robbed because he decided to buy things with bitcoin profit for his girlfriend. It was a coincidence, even a farmer at that point could be robbed.

Finally, they snatched your friend's phone and that does not mean they have automatic access to his exchange account. Your friend should have a security lock in his phone whereby if the phone is flashed, it will return to factory settings. Besides, your friend also has two-factor verification for login into the exchanges.

uneng

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Quote from: batang_bitcoin on November 14, 2024, 03:44:55 PM

That is why you need to be lowkey with what your investments are. Even not in Bitcoin, you need to keep yourself away from the attention of the many because that's how they're getting the idea of what you do and how do you do. Having your assets on a mobile app is also a no-no. A big mistake that someone does that and that's why hardware wallets are important for which you can simply keep it in a place where it is secure and the next thing that you'll have to think of is on how you'll keep your seeds/private keys and those important stuff.

It's important to keep the hardware wallet and its private keys at home stored in a safe place nobody else has access in a frequent basis. It's not necessary to have a vault, but if the investor has a safe drawer it must be already enough. Also, it's important to make sure it's a clean and dried place in order to not damage the device along the time. Investors just have to take extra precautious if they have children around, since they are curious and want to play with every objects they find. On the other hand, for an investor who lives by himself it must be pretty easy to organize the safety of his financial gadgets such as hardware wallets without unexpected troubles.

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Quote from: Wakate on November 14, 2024, 02:36:24 PM

Quote from: AprilioMP on November 13, 2024, 02:54:30 PM

Quote from: DPHOR on November 13, 2024, 12:54:46 PM

Bull run has started we need to be careful with our device

Keeping Bitcoin assets safe in a storage wallet by paying attention to the device used does not have to be during a bull run.
As long as we have bought Bitcoin from the beginning and stored it in a wallet, from that moment on and even before that we must first pay attention to the storage wallet that will be selected.
It is highly recommended for beginners to seriously study how to store Bitcoin properly and correctly before taking action to own Bitcoin.

It is our responsibility to keep our crypto assets safe from the public because as the price of Bitcoin keeps becoming expensive, their are scammers that are looking for opportunity to scam investors of their hard earned money. The have different ways they can go about it which does not only involved creating a fake link to lure us to click on it, cloning websites in order to steal our password and seed phrases, also creating fake tokens so when investors invest their money, they will rug pull the project. We need to be wise this time around so that we don't fall into any of these scamming attempts by scammers. We ought to be wise and stay focused without being greedy.

This particular period is when you hear all such story because of the massive joy and looseness that most Bitcoiners get over the fact that the bull market is spiking up and profits is pouring in but people forget this important quote which states " people can't kill or haunt what they actually don't know" although sometimes it's due to the carelessness of the Bitcoiner as maybe saving or keeping his asset in the wrong storage medium that would be easily access of paraventure something uncall for happens.

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Quote from: DPHOR on November 13, 2024, 12:54:46 PM

The run is here and bitcoin recent increase has spike up the space and has gain more attention than ever, so anyone who is trading or holding bitcoin should do that in a calm way without letting the next person knows about their holding. Most importantly do not always move out with your trading device be it smart phone, ipad, ipod or whatever the case maybe.

The bull run always comes with alot of scammers as they are hunting for victims that they can get as they are new to the industry. Protecting our wallets and coins is our responsibility therefore we can not be depending on exchange or other centralized platforms to protect our Bitcoin for us. Not bragging about our investment can help us alot because there are scammers and hackers looking for their next victim. A trader should have a trading office at home where he does all his trading so he does not have to move around with his trading devices. Not only will you save yourself the mistake of losing your device but you also protect your device from robbers. Alot of individual are suffering therefore the rate of crime is on the increase too so we have to be more careful..

batang_bitcoin

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That is why you need to be lowkey with what your investments are. Even not in Bitcoin, you need to keep yourself away from the attention of the many because that's how they're getting the idea of what you do and how do you do. Having your assets on a mobile app is also a no-no. A big mistake that someone does that and that's why hardware wallets are important for which you can simply keep it in a place where it is secure and the next thing that you'll have to think of is on how you'll keep your seeds/private keys and those important stuff.

Topic: Bull run has started we need to be careful with our device (Read 536 times)