I never use wallet like a bank | Bitcointalksearch.org

tech30338

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Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

Some people get used wallets like banks (mobile banking) just for tracking or knowing if get received money from someone or payment.

But, I don't like them, because we're in a crypto world where don't need to install a bitcoin wallet like mobile banking on your phone if want just to know if received money or payment a week.

Yes, I did it on explorer, I just put my bitcoin address into explorer and bookmark it on the browser (simple, on chrome android, setting it as a shortcut in hope page phone).

If want more detail and receive notifications like mobile banking, you must register in your email on a specific explorer and subscribe.
So if any transaction is on that address, you will receive a notification in your email.

*Note:

We should know, Handphone is one of the target hackers to watch your activity, your life is being watched because too many applications out there we can't research if that is safe (close source).

especially if you are careless and always installed in what you like.

As I can see on the service board, many applicants as user phones and prefer on his phones to install the bitcoin wallet, it's very dangerous for beginner (ex bounty hunter altcoin who never use bitcoin wallet but expert use metamask, trust wallet, coinomi, or another altcoin wallet),

so be careful, start saving now, buy a laptop and create bitcoin wallet there, don't trust too much on your android because you being wathed by hacker.

change immediately your habits before it's too late.

This is true, mobiles phones especially androids have flaws, and always been the target, of hackers, since they are the most use devices now, and there are people who never care about securities they only use and not aware of what is going on on the background, laptop/desktop is way better to use, for this things like transactions, but I just want to remind newbies like me that the most important thing is security, and the things you do in your devices, be careful what you install and click even in laptops and desktops, this will help us secure what we have.

reagansimms

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Whatever device you use, the responsibility for keeping your assets secure rests entirely with you. Avoid carelessness, even if it is stored on a personal laptop, you must also watch out for the worst things to happen.
Security depends on how you store it. You may think it's safe to keep it in your Laptop, but Laptops are not fire resistant. Asset security needs to be maintained, security depends on how people store it.

Sarah Azhari

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Quote from: armanda90 on March 31, 2023, 01:34:05 AM

As long your mobile phone not tracking with malware and restrict website I sure there are not any target from scammer, actually all mobile banking have higher protecting and not easy for hacker access to your mobile banking.

There are no guarantees if not tracking or watching because android is made and controlled by Google, it's still not safe to keep the detail, I will avoid to install a crypto wallet or other important sensitive matters.

Quote from: Asuspawer09 on March 31, 2023, 01:41:42 AM

I mean it would be nice if we can use bitcoin wallets like other bank wallets since it was so convenient to use compared to buying bitcoin and putting it in a secure wallet or hardware wallet.

of course, it will be different if we talk about hardware wallets because the sign is not in the phone, but if we use the hardware wallet on the phone, we don't need to shortcut explorer again.

Quote from: imamusma on March 31, 2023, 03:02:34 PM

To some extent I can still use the android and PC versions of electrum as storage wallet, but if the amount increases then hardware wallet is a better choice.

I don't know why very confidence to keep it as storage on android?.
If you are online, google will watch your activity, maybe they will watch you when signing your password/pin while transaction on electrum.

Maybe Google is one of the companies that have a big data private key user if all bitcoiners keep it on the drive, Gmail, or another place in android. Google became one of the world's richest companies without hard-working again. because They just collect all Bitcoiners private key around the world.

Apraun Seupot

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That's all because of convenience or mobility, because of course now everyone uses a cell phone.

Generally, some people prefer to use a mobile wallet for convenience, there are other options available such as explorer. Also email notifications which can provide similar functionality while ensuring safety and security.

In my opinion, be careful and safety first when dealing with cryptocurrencies, and explore different options to find what works best for you.

Oceat

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The only thing that hacker can get access to your wallet is if they know your private keys. It doesn't matter what wallet you installed on your phone or never but once the hacker knew your wallet address you should be wary that what they just need is the private key for it to access the wallet and send those coins to their own wallet.

Suppose you are convenient with using your fiat wallet online and not really the crypto wallet then it's your choice if you want it that way but it depends on what was convenient to the user whether it's a bank wallet or crypto wallet it's just a matter of a choice. And there's nothing wrong with that if you really know what you are doing.

Yawa2020

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Quote from: FirmWars on March 30, 2023, 06:54:09 AM

OP how did you put Bitcoin on an explorer? Are you talking about the browser? How many times have newbies been warned to never store Bitcoin on anything else than the Electrum wallet or hardware wallet? And you aren't even a newbie, this is a bad practice that could lead to loss of funds.

I think OP is not talking about storing Bitcoin but rather talking about notification when transaction occurs in relation to your address. If I understand the OP correctly, he try to compare the wallet app and banking app and then try to tell how easy it is to get notifications by attaching your address to explorer and subscribe for notifications using your email. IMO, I see no difference in both since you will have to have access to internet before you get the notification.

imamusma

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Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

so be careful, start saving now, buy a laptop and create bitcoin wallet there, don't trust too much on your android because you being wathed by hacker.

change immediately your habits before it's too late.

I have bitcoin wallet on my android (electrum), while I also have it on my laptop. But when we talk about security risks, especially about the possibility of hacking, then we have to review where the mistakes because both versions of the wallet (android and PC) are equally vulnerable to being hacked due to user error. To some extent I can still use the android and PC versions of electrum as storage wallet, but if the amount increases then hardware wallet is a better choice.

suzanne5223

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Quote from: UchihaSarada on March 30, 2023, 10:31:00 PM

Quote from: suzanne5223 on March 30, 2023, 07:28:02 PM

This is why people are advised not to make use of or download apps that are not from a trusted source.

A trusted source can be compromised so downloading softwares, apps from official sites is not enough. You must verify what you download.

You must verify PGP key of developers to verify apps or wallet software files you downloaded.

Examples
[GUIDE] How to Safely Download and Verify Electrum
Verifying Bitcoin Core

You have a valid point but you totally misunderstand what I am trying to point out because I am not talking about the Bitcoin mobile app wallet used here. I was talking about other app installed on the phone which has nothing to do with cryptocurrency but could do some harm to the wallet since the Google Play store and Apple store are not doing an incredible job to secure the app on their platform.

pawanjain

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Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

Some people get used wallets like banks (mobile banking) just for tracking or knowing if get received money from someone or payment.

But, I don't like them, because we're in a crypto world where don't need to install a bitcoin wallet like mobile banking on your phone if want just to know if received money or payment a week.

Yes, I did it on explorer, I just put my bitcoin address into explorer and bookmark it on the browser (simple, on chrome android, setting it as a shortcut in hope page phone).

If want more detail and receive notifications like mobile banking, you must register in your email on a specific explorer and subscribe.
So if any transaction is on that address, you will receive a notification in your email.

*Note:

We should know, Handphone is one of the target hackers to watch your activity, your life is being watched because too many applications out there we can't research if that is safe (close source).

especially if you are careless and always installed in what you like.

As I can see on the service board, many applicants as user phones and prefer on his phones to install the bitcoin wallet, it's very dangerous for beginner (ex bounty hunter altcoin who never use bitcoin wallet but expert use metamask, trust wallet, coinomi, or another altcoin wallet),

so be careful, start saving now, buy a laptop and create bitcoin wallet there, don't trust too much on your android because you being wathed by hacker.

change immediately your habits before it's too late.

Congratulations. Now the explorer knows who you are. Well, not exactly who you are but your IP address can be traced by them and will be linked to the bitcoin addresses you search on their site.
Most of the explorers hold the data of users and their search with themselves so that they can keep tracking them.
We never know when this data gets leaked or is shared to other companies for their own profits.
So try to avoid using explorers at first place and better use bitcoin core wallet to trace transactions.

KaizenJujustsu

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Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

Some people get used wallets like banks (mobile banking) just for tracking or knowing if get received money from someone or payment.

But, I don't like them, because we're in a crypto world where don't need to install a bitcoin wallet like mobile banking on your phone if want just to know if received money or payment a week.

Yes, I did it on explorer, I just put my bitcoin address into explorer and bookmark it on the browser (simple, on chrome android, setting it as a shortcut in hope page phone).

If want more detail and receive notifications like mobile banking, you must register in your email on a specific explorer and subscribe.
So if any transaction is on that address, you will receive a notification in your email.

*Note:

We should know, Handphone is one of the target hackers to watch your activity, your life is being watched because too many applications out there we can't research if that is safe (close source).

especially if you are careless and always installed in what you like.

As I can see on the service board, many applicants as user phones and prefer on his phones to install the bitcoin wallet, it's very dangerous for beginner (ex bounty hunter altcoin who never use bitcoin wallet but expert use metamask, trust wallet, coinomi, or another altcoin wallet),

so be careful, start saving now, buy a laptop and create bitcoin wallet there, don't trust too much on your android because you being wathed by hacker.

change immediately your habits before it's too late.

android is the common target of a hacker. Its better to avoid downloading or clicking any malicious sites and Its best to buy a laptop or a Personal Computer for there you can store what coins you have. And also making your wallet like a bank means that your coins that you save in your wallet is not permanent exact price because of the change of price of what coins you have? depends on time?

MaterialMouse69

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Quote from: Getmon on March 31, 2023, 02:03:45 AM

One way to avoid having your phone or laptop hacked is to not install any wallets. As long as you can keep it somewhere safe, a hard wallet is the safest option. If we are anticipating transactions, we can easily access bitcoin explorers to check our wallets. If we want the same level of convenience as when we use our smartphones to conduct online banking, this may sound difficult. Perhaps it will change in the future once bitcoin arrives at its value stability and we can utilize it effectively for our day to day use.

Yes I agree with you, having a wallet in your laptop can be easily hacked since it's browser. Many hackers target laptop and mobile phones because it's easy to make a fake wallet website that can drain your account or your privacy can be expose by the hacker.

I have no issue in my hard wallet because I know it's safe, I suggest it to my friend and they agree because it's very convenient to use and it's not risky to put money there.

There's a way to prevent hacking or drain your wallet in your mobile phone and laptop:
1. Make sure that your browser that you clicked is real and not fake
2. Having a hard wallet
3. Double check your transaction(check your seedphrase or address)

Findingnemo

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Bitcoin = Financial freedom

If you don't want to your access of bitcoin wallet from smart phones then you can install watch only wallet alone which is more convenient than using the explorer everytime when the transaction is receiving or sending. Or we can use the smart phone wallet as secondary wallet just like your wallet where you don't have too much money, just small amount from your primary wallet so even if your wallet get hacked due to smartphone attack then you won't lose much.

Cookdata

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Not Your Keys, Not Your Bitcoin

Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

so be careful, start saving now, buy a laptop and create bitcoin wallet there, don't trust too much on your android because you being wathed by hacker.

change immediately your habits before it's too late.

Many despise Android phones, yet I prefer them to iPhones. The reason for this is that they are open source, and as a developer, you can go through their libraries on GitHub and test what they have been doing on their gadget and test run what they are doing in the background, whereas iPhones with proof of security are closed source, and you have little idea what they do in the background. Nevertheless, it is not recommended to keep large amounts of bitcoin on your mobile wallet, but you may use a mycelium mobile wallet with a few little sats if you wish to spend some without having to sign your cold wallet with your Computer every time.

Getmon

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One way to avoid having your phone or laptop hacked is to not install any wallets. As long as you can keep it somewhere safe, a hard wallet is the safest option. If we are anticipating transactions, we can easily access bitcoin explorers to check our wallets. If we want the same level of convenience as when we use our smartphones to conduct online banking, this may sound difficult. Perhaps it will change in the future once bitcoin arrives at its value stability and we can utilize it effectively for our day to day use.

Asuspawer09

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Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

Some people get used wallets like banks (mobile banking) just for tracking or knowing if get received money from someone or payment.

But, I don't like them, because we're in a crypto world where don't need to install a bitcoin wallet like mobile banking on your phone if want just to know if received money or payment a week.

Yes, I did it on explorer, I just put my bitcoin address into explorer and bookmark it on the browser (simple, on chrome android, setting it as a shortcut in hope page phone).

If want more detail and receive notifications like mobile banking, you must register in your email on a specific explorer and subscribe.
So if any transaction is on that address, you will receive a notification in your email.

*Note:

We should know, Handphone is one of the target hackers to watch your activity, your life is being watched because too many applications out there we can't research if that is safe (close source).

especially if you are careless and always installed in what you like.

As I can see on the service board, many applicants as user phones and prefer on his phones to install the bitcoin wallet, it's very dangerous for beginner (ex bounty hunter altcoin who never use bitcoin wallet but expert use metamask, trust wallet, coinomi, or another altcoin wallet),

so be careful, start saving now, buy a laptop and create bitcoin wallet there, don't trust too much on your android because you being wathed by hacker.

change immediately your habits before it's too late.

I mean it would be nice if we can use bitcoin wallets like other bank wallets since it was so convenient to use compared to buying bitcoin and putting it in a secure wallet or hardware wallet. Accessing your bitcoin on your phone easily sending it easily having all of that transaction etc was just convenient enough that is why a lot of us still uses a bank, and we really still need to use bank and fiat, I mean it's still inevitable it's our country currency, and as much as we want we can't really use bitcoin to buy in all of the stores that we wanted especially on local stores or market. I think I would agree that a laptop is better than a smartphone since something like electrum can only be opened on a laptop, also in the long-term investment you surely needed to use a secure wallet that your gonna access on your pc or laptop, and then maybe for quick transactions you can use your smartphone.

armanda90

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As long your mobile phone not tracking with malware and restrict website I sure there are not any target from scammer, actually all mobile banking have higher protecting and not easy for hacker access to your mobile banking. Right now with technology advances need access mobile banking for every payment transaction to make it easy and faster but that trues have complicated problem when receiving money need to access or log in first in the mobile banking account.

Difference with cryptocurrency, received payment from the other wallet not required log in to our wallet account just tracking trough explore or etherscan to know about transaction have been success or not.

Sarah Azhari

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Quote from: FirmWars on March 30, 2023, 06:54:09 AM

OP how did you put Bitcoin on an explorer? Are you talking about the browser?

I bookmarked my bitcoin address dude, for example like this: https://blockchair.com/bitcoin/address/bc1qek59lrtacstczn4wyjn9v630eyhjgk6kjxzp68 which I can check it any time without worry.

Quote from: macson on March 30, 2023, 07:32:14 AM

open it only when i need it ^{(increase my investment, to pay for something or exchange)}

If only for increase your investment, you don't need to install wallet, you need to install an exchange which purpose to buy from fiat to crypto, then sending it to cold wallet.

Quote from: tranthidung on March 30, 2023, 10:19:47 AM

Many options to check your wallet balance but why not have your own wallet and check it in your wallet.

I've installed a wallet on my special laptop on home, but I rarely use it (because always work in office), so kinda lazy if to use it for exchanging bitcoin or swapping to fiat.

UchihaSarada

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Quote from: suzanne5223 on March 30, 2023, 07:28:02 PM

This is why people are advised not to make use of or download apps that are not from a trusted source.

A trusted source can be compromised so downloading softwares, apps from official sites is not enough. You must verify what you download.

You must verify PGP key of developers to verify apps or wallet software files you downloaded.

Examples
[GUIDE] How to Safely Download and Verify Electrum
Verifying Bitcoin Core

suzanne5223

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Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

Some people get used wallets like banks (mobile banking) just for tracking or knowing if get received money from someone or payment.

But, I don't like them, because we're in a crypto world where don't need to install a bitcoin wallet like mobile banking on your phone if want just to know if received money or payment a week.

We all have different understandings of the use of Bitcoin. Although mobile wallets are prone to attack but that doesn't mean all Bitcoin mobile wallet app users are naive about what they are doing because some individuals use mobile as their means of paying through BTC since they leave on it. If we want BTC to achieve the great purpose it was destined for, we must also have a mobile or crypto debit card to use BTC as mobile banking.

Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

Yes, I did it on explorer, I just put my bitcoin address into explorer and bookmark it on the browser (simple, on chrome android, setting it as a shortcut in hope page phone).

If want more detail and receive notifications like mobile banking, you must register in your email on a specific explorer and subscribe.
So if any transaction is on that address, you will receive a notification in your email.

There is a telegram bot that provides transaction notification for in and out crypto transactions of a wallet.

Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

We should know, Handphone is one of the target hackers to watch your activity, your life is being watched because too many applications out there we can't research if that is safe (close source).

This is why people are advised not to make use of or download apps that are not from a trusted source.

HajiBagi

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Quote from: Sarah Azhari on March 30, 2023, 03:16:11 AM

Some people get used wallets like banks (mobile banking) just for tracking or knowing if get received money from someone or payment.

But, I don't like them, because we're in a crypto world where don't need to install a bitcoin wallet like mobile banking on your phone if want just to know if received money or payment a week.

Yes, I did it on explorer, I just put my bitcoin address into explorer and bookmark it on the browser (simple, on chrome android, setting it as a shortcut in hope page phone).

If want more detail and receive notifications like mobile banking, you must register in your email on a specific explorer and subscribe.
So if any transaction is on that address, you will receive a notification in your email.

*Note:

We should know, Handphone is one of the target hackers to watch your activity, your life is being watched because too many applications out there we can't research if that is safe (close source).

especially if you are careless and always installed in what you like.

As I can see on the service board, many applicants as user phones and prefer on his phones to install the bitcoin wallet, it's very dangerous for beginner (ex bounty hunter altcoin who never use bitcoin wallet but expert use metamask, trust wallet, coinomi, or another altcoin wallet),

so be careful, start saving now, buy a laptop and create bitcoin wallet there, don't trust too much on your android because you being wathed by hacker.

change immediately your habits before it's too late.

Every online bank or wallet can be easily hacked when someone knows your secret, even if you are using a laptop, as long as it is online banking or wallet, even if you didn't install the application in your phone, if someone finds out your private keys, he will get you. What we should do to avoid being hacked or scammed in our wallets or banks is to not believe in anyone and keep our phones or laptops away from them, even our best friends, because these days Most people are easily damaged by friends or those they trust.

Topic: I never use wallet like a bank (Read 264 times)