DO and DON'T in your bitcoin | Bitcointalksearch.org

HashieNewb

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Quote from: Monette2k17 on January 16, 2018, 12:46:56 AM

- DO take time to research wallet options
- DO backup your wallet
- DO password protect your wallet
- DO use 2-factor authentication
- DON'T let others store your bitcoins
- DON'T invest more than you're willing to lose
- DON'T store much bitcoins on your PC/mobile
- DON'T fall for online scams
- DON'T reuse your wallet addresses
- DON'T buy bitcoins on untrusted traders online
- DON'T tell anyone an amount of bitcoins you own

Coins can go in both directions, holding the coin is what people usually do though it's hard for the holder to do something as simple as that. My advice it to just move to a different investment while the other one is racking up money.

batang_bitcoin

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Quote from: jhezmark on February 08, 2018, 09:18:36 PM

search about how to earn fast in bitcoin

Try to understand this image below;

Source: https://kopywritingkourse.com/wp-content/uploads/dumb-crowd.png

I know that everyone wants to earn quickly whether it's bitcoin or not but you must remember that there's no success overnight. It takes time to earn in different aspects and don't aim that "quickest" way or you'll regret it. People today are so hyper with this type of mindset that's why many are falling for scams.

elwiswoodie

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Quote from: Monette2k17 on January 16, 2018, 12:46:56 AM

- DO take time to research wallet options
- DO backup your wallet
- DO password protect your wallet
- DO use 2-factor authentication
- DON'T let others store your bitcoins
- DON'T invest more than you're willing to lose
- DON'T store much bitcoins on your PC/mobile
- DON'T fall for online scams
- DON'T reuse your wallet addresses
- DON'T buy bitcoins on untrusted traders online
- DON'T tell anyone an amount of bitcoins you own

and do not show off to the public. This is very dangerous because maybe our friend on Facebook or Instagram is a hacker who does not like dengna our behavior
so, if you become rich. still like an ordinary person

ranman09

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Activity: 756

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Quote from: jhezmark on February 08, 2018, 09:18:36 PM

DO hard working and search about how to earn fast in bitcoin
dont trust quickly the person who meet to avoid scam.

Mostly, fast ways of earning bitcoins are scam. So we might need to be more careful on that. Its better to earn hard earned bitcoin. Than to be scammed with quick rich ponzis.

jhezmark

jr. member

Activity: 56

Merit: 1

DO hard working and search about how to earn fast in bitcoin
dont trust quickly the person who meet to avoid scam.

shi07

member

Activity: 122

Merit: 15

Long Live BTC

What ever account you have specially in bitcoin you have to protect your account ,credentials is very important.Used alphanumeric characters so that its not easily to hack.Also you to do some research about bitcoin to have enough knowledge about it and be patient .Do not trade or sell bitcoin to entrusted people because what if it is scam you might lose what ever you have.

simpleholmes

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Activity: 278

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Don`t be inpatient and think that a coin will only be in rise and whether it drops panic and sell. Don`t give decision and consider yourself a trader after 2 successful trades

Mickznet

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Quote from: Monette2k17 on January 16, 2018, 12:46:56 AM

- DO take time to research wallet options
- DO backup your wallet
- DO password protect your wallet
- DO use 2-factor authentication
- DON'T let others store your bitcoins
- DON'T invest more than you're willing to lose
- DON'T store much bitcoins on your PC/mobile
- DON'T fall for online scams
- DON'T reuse your wallet addresses
- DON'T buy bitcoins on untrusted traders online
- DON'T tell anyone an amount of bitcoins you own

Nice work, if you do all of this sure do you secure your bitcoin account? how about this
-DON'T log your account to another computer or internet cafe your account will be compromise.

Monette2k17

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Activity: 49

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Quote from: ?? on ??

any concrete piece of advice on this one :

- DON'T fall for online scams

If you don't want to fall online scam, this is few things you can do

1. Do online searches like forums about that site.
2. Don't trust promises post in there sites.
3. talk to someone you trust.

a lot of things you can search online to avoid scammers.

InBTC4years

jr. member

Activity: 58

Merit: 5

Quote from: ?? on ??

any concrete piece of advice on this one :

- DON'T fall for online scams

Phone a friend... find a friend or two (or three) you can run opportunities by and help them help you figure out if it is a scam. Everyone gets scrammed. Just be careful.

lizardbtc

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Quote from: Monette2k17 on January 16, 2018, 12:46:56 AM

- DO take time to research wallet options
- DO backup your wallet
- DO password protect your wallet
- DO use 2-factor authentication
- DON'T let others store your bitcoins
- DON'T invest more than you're willing to lose
- DON'T store much bitcoins on your PC/mobile
- DON'T fall for online scams
- DON'T reuse your wallet addresses
- DON'T buy bitcoins online
- DON'T tell anyone an amount of bitcoins you own

I would not agree with all of your statments:

DON'T buy bitcoins online :
where else would you buy if not online? I see it even safer than to meet up with strangers across town to exchange fiat and bitcoin or any other cryptocurrency. Most of us use online exchanges for this.

DON'T reuse your wallet addresses:
Well some people find it convinient, like me to use same address multiple times. It could be privacy concearn but nothing else if you know and understand how to keep your private keys secure.

A Feeder

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Quote from: Monette2k17 on January 16, 2018, 12:46:56 AM

- DO take time to research wallet options
- DO backup your wallet
- DO password protect your wallet
- DO use 2-factor authentication
- DON'T let others store your bitcoins
- DON'T invest more than you're willing to lose
- DON'T store much bitcoins on your PC/mobile
- DON'T fall for online scams
- DON'T reuse your wallet addresses
- DON'T buy bitcoins online
- DON'T tell anyone an amount of bitcoins you own

Nicely done. But password protection in your wallet is not that necessary unless you are very careless in your private key. I prefer keeping a form of your private key in softcopy, hardcopy, and even message it to yourself just to be safe in case anything bad happens.

Monette2k17

jr. member

Activity: 49

Merit: 6

- DO take time to research wallet options
- DO backup your wallet
- DO password protect your wallet
- DO use 2-factor authentication
- DON'T let others store your bitcoins
- DON'T invest more than you're willing to lose
- DON'T store much bitcoins on your PC/mobile
- DON'T fall for online scams
- DON'T reuse your wallet addresses
- DON'T buy bitcoins on untrusted traders online
- DON'T tell anyone an amount of bitcoins you own

Topic: DO and DON'T in your bitcoin (Read 301 times)