Can Your Bitcoin Wallet Be Hacked? How Can You Secure It? - page 5.

Vishnu.Reang

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Quote from: tatalin on April 25, 2021, 10:33:32 AM

As far as I know Bitcoin cannot be hacked as long as no one can know your seed phrase or private key. To secure this, it is better to save or write this one in a piece of paper or somewhere in the cloud that you think is also secured to save personal information. Though there is also a risk of saving files or information over the Internet. To avoid being hacked, just avoid clicking unrecognized emails or websites.

Yes. As long as your private key is secure, no one is going to steal your coins. Actually it is not that hard to keep your coins securely. But a lot of people are careless with their wallets, and in such cases, the hackers may find it easy to access your coins. First of all, the basic precautions needs to be followed, such as enabling 2FA. And along with keeping the wallet secure, please keep in mind that properly backing up your wallet is also very important. I have seen a lot of cases where the coins become inaccessible because the user can no longer log-in to the wallet (password forgotten, email access lost.etc).

agg2702

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it is not wrong when there are some people who turn to bitcoin, especially for now, many people take advantage of this opportunity to take advantage. But there is actually something wrong when people get interested in bitcoin just because they see other people who are successful in the world of crypto. it felt like the people who participated were like Fomo and the hype they just wanted to join but didn't know how.
specifically for those who have a bitcoin account, can it be hacked or not? of course you can because every bad person must have a lot of dirty ways to seize our accounts. but for now I think bitcoin also has its own ways, such as making double security and using passwords that other people feel unknown and using passwords that are not the same as other account accounts such as social media etc.

tatalin

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As far as I know Bitcoin cannot be hacked as long as no one can know your seed phrase or private key. To secure this, it is better to save or write this one in a piece of paper or somewhere in the cloud that you think is also secured to save personal information. Though there is also a risk of saving files or information over the Internet. To avoid being hacked, just avoid clicking unrecognized emails or websites.

clint25n

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Become silent and never talk or show off your assets to the other if you want to be target for hacking, I think scammer never know with how much assets we have without show to public, but if you ever and popular with show off every time with your assets just waiting for with many fake and spam link to your email account.

ShowOff

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Quote from: South Park on April 23, 2021, 02:26:44 PM

On the world of computers everything is possible, however as long as you take some common sense precautions the chances you are going to get hacked go down dramatically, for example there are many people storing their coins in the same computer in which they install all kind of pirated software, which as we know is full of viruses, this is not a good idea as sooner or later one of those pieces of software will get your private key or your seed words and you will lose everything, and this could have been avoided by simply not installing such software alongside your own wallet.

The risk can be much greater if the PC used is always connected to the internet. Many wallet hack occur due to a lack of knowledge and experience of bitcoin users when it come to practicing security and privacy and in general these hack occur due to greed and carelessness of the users themselves. I also think that unsafe web browsing habit could have the potential for users to lose their bitcoin from the wallet, as in the case of a PC infected with clipboard malware. We probably can't blame hacker for our own mistake because hacker are always in the gap between user error and getting what they want.

South Park

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Quote from: oktana on April 18, 2021, 07:59:38 PM

Once upon a time, I used to think It could be possible for the hack to occur even though you were cautious, but no! All you need do is to secure your private key. Save it where it cannot be found or recognized by someone else, and also, make sure that you trust the tabs that are open on your browsers when you are importing your wallet (for web wallets). If you're using a b app, be careful what app you have installed. They could steal vital info and make you end up as a phising victim.

On the world of computers everything is possible, however as long as you take some common sense precautions the chances you are going to get hacked go down dramatically, for example there are many people storing their coins in the same computer in which they install all kind of pirated software, which as we know is full of viruses, this is not a good idea as sooner or later one of those pieces of software will get your private key or your seed words and you will lose everything, and this could have been avoided by simply not installing such software alongside your own wallet.

noorman0

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You have to be specific about "secure it" here, it can mean prevention and recovery.
There are 2 types of bitcoin wallets which have their own advantages and disadvantages. To prevent attacks, it is only necessary to understand the possible methods attackers are using to hack into your bitcoin wallet. The easiest is to use a clean device to store and access a bitcoin wallet. Recovering a hacked wallet can only be done if it is a custodian wallet as you recovered the account, but does not guarantee that funds can be returned.

dificanovi

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Quote from: lovesmayfamilis on April 05, 2021, 08:17:01 AM

If the owner of the wallet knows how to use the wallet and knows the security measures, this will not happen. Cases of hacking and theft of bitcoins are often described here, but all this happens due to the carelessness of the owners.
Therefore, it is irresponsible to blame anyone for theft. Before investing your money in cryptocurrency, you need to study all the risks, as well as all the ways to protect against these risks. And only then make a decision, as well as be responsible for your bitcoins

yes I really agree with what you said, the main problem of bitcoin that can be hacked by other people is that because we are not careful in making the security of our bitcoin wallet, we must be careful in our actions and not be careless. if our bitcoin wallet is hacked then we have to remember about the security of our bitcoin wallet, whether it is very safe or not, it all depends on our carefulness in securing our bitcoin wallet.

lifeforcepools

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Do not click on suspicious links. Do not share personal information with strangers. Do not download suspicious files.

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Quote from: ECOS_CloudMining on April 05, 2021, 08:57:25 AM

Remember to use the password of the BTC wallet only there. Don’t utilize the same key in social networks, in e-mail and also don’t write it in notes on your phone. Two-Factor authentication can help you.

Yes it could be made secure our wallet to don't use the same password for all the site .I never face any hacking as i always set the two-factor and also mobile verification .One more thing is so important that we nee to avoid the phishing site as it is the main reason for most of the hacking incident .I think we can be secured by this way .

pinggoki

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Any wallet can be hacked but if the owner of the wallet knows how to secured their private keys just like passwords, emails and private phrases they can avoid those things and also as long as you are the only person who knows the private keys of your account. Another thing is that you be also careful on clicking different websites because there's a lot of people who are making phishing sites in order to get the information of everyone and it may includes the information of your wallets and seed phrases. So the best thing to do to be more secured is also to be more careful on doing such things.

rjsolutions28

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One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds?

Well, it really depends on a lot of factors. You should take into account what crypto platform, and what type of wallet was used to get a definite answer. Also, carelessness and hackers should be considered factors too. I can't say much because here in Canada, Netcoins.ca is a very safe and well-regulated exchange platform and I've never heard of any accounts getting hacked or never experienced it myself while using them. I guess you could say that choosing the right platform, lessens the risk of your money being stolen or hacked.

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There are three major mistakes we make, that makes us susceptible to wallet hacks. These are:

1. Not activating 2FA with online wallets. If email confirmation and 2FA is activated, then in 99% of the cases the hacking can be prevented.
2. Clicking on phishing links. If the hackers get to know about your email ID, then they will send phishing emails which looks like they were sent by MEW or Blockchain.com. Once you click on these links, the wallet will be compromised.
3. The laptop or mobile phone which you are using to access the wallet may be compromised with key-loggers. Never use shared machines to access your wallet, and don't allow others to use your personal laptop.

oktana

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Once upon a time, I used to think It could be possible for the hack to occur even though you were cautious, but no! All you need do is to secure your private key. Save it where it cannot be found or recognized by someone else, and also, make sure that you trust the tabs that are open on your browsers when you are importing your wallet (for web wallets). If you're using a b app, be careful what app you have installed. They could steal vital info and make you end up as a phising victim.

South Park

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Quote from: AakZaki on April 16, 2021, 02:13:57 PM

All security certainly has loopholes that can be hacked by hackers. no system is safe.

All security also depends on the individual using it. If the system has been updated to the latest security, but the user is still not alert, the security used will be useless.

there are many ways that hackers do to break into security systems. Personal bitcoin wallets or exchanges become vulnerable when ignoring the security used. using 2FA authentication does help, some other security can also be applied such as authentication on phone numbers and e-mails etc.

Exactly, there is always a flaw in any system, if the hacker has enough time, motivation and skill he can enter in any system, this is why probably one of the easiest ways we have to protect our coins is simply to remain silent and tell no one about it, if no one knows you have coins then no one will try to hack you, also hackers do two different kind of attacks, high effort and low effort attacks, high effort attacks are reserved for big targets like exchanges, so a regular user that does not use exchanges should not be worried about them, the other type of attack which is low effort but that targets many users at once is what you are more likely to get, but those attacks can be easily avoided if you have the right knowledge about the most common ways to get hacked or scammed.

clint25n

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Quote from: velive08 on April 18, 2021, 12:38:51 AM

Quote from: 4king on March 26, 2021, 10:56:49 AM

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

the problem of hacking depends on how we store our assets. now my advice is to use a hardware wallet such as nano ledger to store assets because that is the best rather than high risk of storing on an exchange, there is a huge danger and potential to be hacked

Just one way how to keep secure your assets from hacker never show off and talk more to public with your bitcoin, so far I never make new promoting and show my balance to public because become target for hacker with our document, how ever secure you save your bitcoin assets always have way if can't stole by online way they will take your money and your private key at home like I see news today.

velive08

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Quote from: 4king on March 26, 2021, 10:56:49 AM

There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/

the problem of hacking depends on how we store our assets. now my advice is to use a hardware wallet such as nano ledger to store assets because that is the best rather than high risk of storing on an exchange, there is a huge danger and potential to be hacked

Xinarae*

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Strong passwords are like a powerful ieldal that protects you from brutal forces and attacks like this, thus preventing the attacker from accessing your encrypted data this makes it so important to set up a strong password for your crypto holding. If you don't know a strong password is one letter number and symbol and at least 16 characters long actually better. I know that remembering passwords is more strategic than remembering people’s names and that’s why I always recommend writing a paper sheet password and keeping it safe somewhere I use a hardware wallet so it is less likely to be hacked.

charlesmichel1

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If you use hot wallets, the best way to secure your funds is using non-custodial solutions like Ownr, ZenGo and BRD.

Peanutswar

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There's a chance if you not completely make sure that your wallet is safe from different intruders. This is the reason why we have the seed phrases we need to store in a physical way like writing down on a piece of paper and make a copy of it so if there's a chance it might lose you can have a duplicate. Password on that bitcoin wallet is just a security feature on the device but not on the account if you lose your wallet they are looking for the seed, not for the password itself. it's better to sure have different layers of security too if you can add a two-way authentication(2FA) it's good also with another password with a text field. Also, avoid using public wireless fidelity (WIFI).

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