Topic: How safe is Bitcoin? ✅ - page 36. (Read 7306 times)
If you competently organize the storage of their currencies, they will be safe. I could advise you to use a cold wallet, it protects you from hackers.
Bitcoin itself is quite secure. But if you choose an unverified wallet, then you may have problems with the safety of your money. So choose your wallet very carefully.
The most important thing on your part - choose the right wallet and no one to trust the keys and passwords. Then your bitcoins will be completely safe.
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This piece of information is well written...enjoyed reading it, and from this its evident that our bitcoins are safe depending on how well we protect ourselves from hackers and the most common mistake we usually make is using same passwords to access or register for a service and by doing so this makes it easy for a phishing site to get access to our coins if we hold them on an exchange or something similar
Bitcoin as a secured payment system is design with a very high security software that give the user total control over they found and to a large extent bitcoin security if mostly left in the hand of the user, with the security keys that the blockchain technology provide for users over they wallet it all now depends on how the user in able to protect his or her security keys.
The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. If your Bitcoins are lost or stolen, there's no intermediary with the power to make you whole. There are two basic ways to hold Bitcoins. You can participate in the Bitcoin network yourself, storing the keys to your Bitcoins in a wallet stored on your hard drive.
Bitcoin is risky, there is no such thing as safety in bitcoin anything happen in an blink if an eye, but you can minimize the risk by taking care your private key and other important accounts.
Yes it is very risky, cause hackers are always there and no such thing as safety in bitcoin, always make sure that personal information about your account it will be secretly and never share your private keys, this some reminders minimize the risk. Of course it is very safe, there are no one can crack bitcoin password key down to date.
Cryptocurrency consist of many combinations that even the most advance computer cannot get all of the combinations.
so, it is impossible to crack the security of bitcoin
I also think that bitcoin is very safe and profitable investment. I do not think that there i any risk involve in bitcoin investment regarding its security, but still you need to be careful and keep your wallet address and key safe from the access of unknown people, you can increase wallet security using 2 factors authorization. Cryptocurrency consist of many combinations that even the most advance computer cannot get all of the combinations.
so, it is impossible to crack the security of bitcoin
Yes, Bitcoin is pretty secure and the server upgrades are incredible, as long as your main keyword is safe. Bitcoin is one of the best and safest places to save your own personal money.
it is as safe as a safe in your office, until you throw the keys anywhere all right, but it is necessary to put the keys in a prominent place, then immediately lose everything.
I think we should split the bitcoin and put it in many wallets. if you have a lot of bitcoin. You should store them in hardware wallet. Limit log on online wallets when there is no such use.
is safe in terms of storage? Or is it like an investment?! For me, it's much safer than fiat money, plus it's more interesting as something valuable.
Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.
Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.
Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.
An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer
If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.
But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.
How make you sure to safe your Bitcoins?
Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.
Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.
An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer
If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.
But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.
How make you sure to safe your Bitcoins?
To keep your devices and computers free from any malware and secure it, never ever ever click on any unfamiliar links especially those who are disguised for cryptocurrency. Those links contains malicious files that can steal information and can hack your accounts with those information. It won't also hurt to change passwords regularly and be sure that the password is distinct.
To keep your bitcoin safe, place the security patch for your computer as well as you should protect it against hackers' intrusion into your computer and save your password. you go to paper or notebook
Of course it is very safe, there are no one can crack bitcoin password key down to date.
Cryptocurrency consist of many combinations that even the most advance computer cannot get all of the combinations.
so, it is impossible to crack the security of bitcoin
Cryptocurrency consist of many combinations that even the most advance computer cannot get all of the combinations.
so, it is impossible to crack the security of bitcoin
Bitcoin has no such safety net. If your Bitcoins are lost or stolen, there's no intermediary with the power to make you whole. There are two basic ways to hold Bitcoins. You can participate in the Bitcoin network yourself, storing the keys to your Bitcoins in a wallet stored on your hard drive.
It's safe if you're very knowledgeable about the things you are doing and the stuffs you intend to click on. You should use precautions all the time to prevent anything that you don't want to happen. Search and read so that you would be aware of everything that is happening the environment you're working on.
In my opinion,the best way to keep your bitcoin safe is to keep, keep or keep your wallet even if the wallet is hard or soft,and still wise on some of the links one likes, always think twice. Because one thing I learned from my friend, never, "never" puts 100 percent of you on something,instead of doubling his income, it does not produce anything
Bitcoins are practically safe as long as you lnow your precautions before accessing your bitcoins as well as transacting with the people you know. Always play on the safe side because you'l never know, the day will come that you'll get played by the hackers.
We all have private keys but that can only be stolen if someone literally steals the file or either you gave it with the passphrase.
Bitcoin if I think it's very safe because it has a wallet like blockchain that I think is safe and As long as your private key is secure, your bitcoin is safe.
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