Topic: How can I protect my self from being hack of bitcoin - page 17. (Read 4452 times)

Do not trust any website, untrusted e wallets, and avoid phishing sites. Secure your wallet address and keys where you can only access by yourself. Be cautious on trading and gambling since there are a lot of good hackers. Remember that being smart is always ahead don't do stuff without precautions.

Sir thank you for these thread, i just read your reply about preventions of hackers and i think offline wallet is more effective for this. But sir how to make or open offline wallet? I want to know how sir please teach me. Because i heared my friend who introduce me in bitcoin that she was a victim of hackers someone who stole her token

I think when you want to store your bitcoin ina wallet the first thing you do is research about the wallet you want use, second dont trust to those wallet that a lot of saying and many good offering. Third make a strong password and dont tell to anyone your personal info, and dont give a hint about your password. Last make sure you have back-up incase there something happen in your wallet.

First thing you do if you dont want to lose your bitcoin don't trust anyone especially the person you dont know his real life and don't talk to the person who offered to you a site that you can earn a bitcoin or money easily and they only want your password or private key so as soon as possible be practical dont give your password/private key so they can't access and hack your coins and if you are logging in your online wallet account make sure that the site is trusted, legit and secured

Simply just don't give your wallet address or if someone message you just leave it , there's no reason to reply on the other people we think that suspicious.

I protect my self from being hack of bitcoin, for me first is don't trust any site that will introduce the scam, and don't give all the information to you, being smart to the hackers.

The best way to prevent being hacked is to have an offline wallet. An offline wallet is more secure than the online wallet. People who want to steal Bitcoins are widespread. They will do whatever they can to steal Bitcoins. Anyone who has an access to your private key will also have an access to your funds. Thus, the only one who should know your private key is yourself. Trust no one.

To protect your account from hack do not ever trust other people especially to people who give links / sites 80% of them are hackers. Avoid websites without http. and do not enter your account from the site as well. And it is not difficult to prevent such things as long as you are not stupid with your storage.

At first you need to try to keep you computer clean as much as possible. Beside you need to keep your Bitcoin in a safe wallet like Trezor or Ledger nano s, but if you just want to use web wallet, don't forget to set 2fa for your wallet. Moreover don't click to any link you received via email

One of Bitcoin’s most important features is that transactions aren’t reversible. This means that once you receive Bitcoin, you don’t have to worry about the sender reversing the transaction. But it also means that if your Bitcoin account gets compromised or hacked, they can send it off and you won’t be able to get it back again.

The issue with crypto is that you cannot get it back once stolen, there is a lack of culture of security when it comes to computers that is why people lose their credit card numbers and their PayPal funds, but you can get that money back, but that is not the case with crypto which means that people using bitcoin and other cryptocurrencies need to take more precautions, this is not a problem for most of us since we are technological inclined but when major adoption happens that is going to be a problem for the average user.

basically you need to get more knowledge about that because theres a lot of wallet trying or want to get all your money so try to use coinbase this is a trusted wallet i've seen i think your money is safe here from hackers or try to read more about MEW.

I think for me ,To avoid hacking bitcoin do not let others know your password on your wallet, you need to secure your private key and do not trust others or else do not give your personal information to anyone to avoid hacking of bitcoin. we need to be careful and wise anytime 

I guess you need to do the same safety precautions that we usually do when we have an account that involves money. Those precautions involve not giving one's credentials to anyone and not leaving your wallet or account open and visible to anyone. Bitcoin's system is highly secure because it lasted for years, so it cannot be easily infiltrated by hackers.

Save your bitcoin in hardware wallet, I think trezor is the best in this case. You have to protect your computer, I think it will be better if your device is not connected to internet. Online wallet is also good but you have to use 2FA to make your bitcoin safer.

YOu can avoing being havk by always remembering that you cant trust everything that you see. ESpecially sites that tell you to give the log in information so they can hold your money you must always be vigilant on this as this kight be a scheme to gain a hold of your identity

The other thing i want to ask is this.  If you have electrum on your computer and keep bitcoin there, if you make your computer very secure... download bitlocker as i heard that is the name of the program.  If someone was to have access to your laptop, would they be able to hack your computer and take your bitcoin?


Because im thinking this.  As long as you secure your laptop with bitlocker, a hacker cannot have access to your computer and view it right?  Because they would need to know the password otherwise it wouldn't work?


So in essence, wouldn't this be close to as good as using a nano ledger or trezor as long as you dont click on fishy links or have malware on your computer.  But if your computer got malware or you click on fishy links where there is a trojan etc... if you use trezor or nano ledger, the hacker cannot take your bitcoin?  Is that true or false?

I have electrum and use that to store my bitcoin.  I like electrum because i used it for a while already and its simple.  I heard you should get a hardware wallet because that is the most secure thing you can get for storing your bitcoin etc but have questions.  Also to those of you here who use electrum to store bitcoin, do all of you not have a hardware wallet and thats the reason why you are using electrum?  I would also like to hear from people that first used electrum and then bought a nano ledger or a trezor and if they no longer use electrum anymore.



1.  Which is better?  The nano ledger s or the trezor?  Which is more easier to use?  I believe the trezor is a bit more expensive.  But in terms of someone using electrum, which one would be easier?  Or it should be either because electrum would be harder than both right?


2.  How do you transfer bitcoin from electrum to the nano ledger or trezor?  And if you do it, you should test it out with a very tiny amount first right just to make sure it goes through?  Then you send the rest?  Also if you put low sending fee, it takes longer for the btc to hit the nano ledgers s or trezor right?


3.  So the security thing is something im very curious about here.  With electrum, you are given a 12 word seed to restore your wallet in case.  But with nano ledger s, its 24 words? What about trezor?  Now here is one big issue here.  I watched videos on youtube about the ledger nano s and its mentioned that you are given a sheet where you are suppose to write down the 24 word seed on a sheet of paper.  First off, does everyone here write it down on that piece of paper?  And most importantly... where do you guys keep that piece of paper?  Because if someone were to get access to it, that means they can get all your bitcoin right?  Because if you leave it somewhere in your apartment, where would you even leave it?  So if someone got in your apartment and got that piece of paper, then your bitcoin are taken right?  So basically that sheet of paper is more important than the device itself right? 


So if someone was to have access to your trezor, ledger s and say your laptop, could they take your bitcoin or not?  I believe for nano ledger, you need to set a pin right?  So unless they have that pin, it won't work?
The issue with using electrum and keeping bitcoin there would be if someone stole your laptop or got access to your laptop and notice you have bitcoin wallet on your computer, couldn't they just install a trojan or malware and then take your bitcoin?  For example, i know there are bitcoin cash and gold wallets that are not real.  But the reason those ppl got their coins stolen was because they input their seed right?  However, i read cases where malware is enough?  So basically the trezor/nano ledger protects you against online hackers right?  So if your laptop got malware/virus... that would mean even if you have nano ledger or trezor, they cant get your bitcoin or they can?


4.  When you send from nano or trezor, do you set the fees?  Or is it the default fees?  So would it cost more sending btc from ledger to a site compared to electrum?  Electrum you could set the fees.


5.  I read cases where people had issues with their nano ledger or trezor such as it freezing or not working.  I read stories of people mentioning their bitcoin got stuck etc on their ledger or trezor.  Is this common or rare?  The thing is i want to get one but im sort of worried that something might go wrong with the device.  If something goes wrong with the device and/or malfunctions... what happens to your bitcoin then?   Would you need to get a new one?  If you dont get a new one, how do you restore your bitcoins then?  Also does nano ledger/trezor need to be used with a certain program?  Because if you send all your btc from electrum to ledger s or nano, then you basically need to connect it to your computer to do this and thats all right?


6.  What happens when there is a bitcoin fork then?

it may be because of the security that he gave less, he should use the security features that have been provided by each wallet platform. For example on blockchain you can use 2FA security features, login email, and verification of mobile phone number, it is a useful feature to narrow the space for hackers. So I think use the existing security features.

the best thing you can do is have your own computer with a wallet and a good password that only you will know...what else can you do?