Topic: Is wallet security important to use? - page 12. (Read 28216 times)
For securing your wallet, you must pay extra attention. You never keep your wallet info in all and decentralize it physically. I mean that do not keep your keys on your computer. Also, you must activate all given features for security. Everybody reads that will say what’s the new thing in this advice? But remember, everybody makes simple mistakes intentionally.
If storing to another computer, don't ever connect that to the internet if the sole purpose is just to keep your bitcoin. And don't be so careless writing your private keys into a device that's connected to the internet as well, you don't do that if you want to protect your wallet.
As much as possible, dedicate a logbook/notebook where you are going to write all of those important necessary details that's related to your wallet. Traditional way of keeping records and information by just logging into a notebook is still one of the best and much better if you can put a protection cover to that notebook/logbook too.
As much as possible, dedicate a logbook/notebook where you are going to write all of those important necessary details that's related to your wallet. Traditional way of keeping records and information by just logging into a notebook is still one of the best and much better if you can put a protection cover to that notebook/logbook too.
I once read for security wallet,
this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet.
If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses:
Perform regular backups regularly
Save the backup on another device like in flash or another computer.
Use the encryption feature
With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer.
Do not forget the password
Losing a password equals losing your money! Wallet does not provide a password forgot feature.
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet
Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet.
If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses:
Perform regular backups regularly
Save the backup on another device like in flash or another computer.
Use the encryption feature
With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer.
Do not forget the password
Losing a password equals losing your money! Wallet does not provide a password forgot feature.
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet
Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
yes, it is very important. while current device provide substantial security. still not very secure.
The wallet security helps us to manage the cryptocurrency and property of ourselves. It is necessary and important.
...
...Do you guys have a better idea to avoid theft in the wallet?
Split your holdings. Majority in a secured cold wallet and a small stack on the mobile/desktop wallet for daily purchases.
Or: Use a hardware wallet with seed being backed up in multiple secured places.
The key is to reduce the possible attack surface to a minimum.
And use your common sense. BTC's not only get stolen through digial/physical theft, but also through shitty ICO projects.
Shitty ICO project that wants you to install a software to connect to their network and receive worthless coins/tokens. Been there. Good thing I have some small knowledge about Operating Systems so I get to use virtual box and stake it in there. Such a waste of time.
Yes it should be used for security purposes because people are very smart now a days, few days ago my kucoin account got Accessed by someone from china. Because i was not activated Google authentication 2FA that's why i recommend that we should used all given features for security.
Most reason why we needed to activate and extend any possible resort for securing our wallets is because of this hackers, without prior securities our assets are not safe and can easily sucked by people who loves grabbing things that didn't belong to them, so if given a chance to have more ways tosecure your investment, better to keep being updated and always find knowledge on how to protect your money.
Of course, the security of the wallet is a very important element ... That is why I do not keep my keys on the computer!
...
...Do you guys have a better idea to avoid theft in the wallet?
Split your holdings. Majority in a secured cold wallet and a small stack on the mobile/desktop wallet for daily purchases.
Or: Use a hardware wallet with seed being backed up in multiple secured places.
The key is to reduce the possible attack surface to a minimum.
And use your common sense. BTC's not only get stolen through digial/physical theft, but also through shitty ICO projects.
Shitty ICO project that wants you to install a software to connect to their network and receive worthless coins/tokens. Been there. Good thing I have some small knowledge about Operating Systems so I get to use virtual box and stake it in there. Such a waste of time.
Yes it should be used for security purposes because people are very smart now a days, few days ago my kucoin account got Accessed by someone from china. Because i was not activated Google authentication 2FA that's why i recommend that we should used all given features for security.
Wallet security is the most important thing, especially because many hackers are currently eyeing your wallet. give the best for the security of your wallet because it involves the assets that you have. Avoid suspicious sites to avoid phishing sites.
Wallet security is the most important thing, wallet security will protect your wallet from thieves. Protect your valuable assets with strong security.
The purse security should be in the first place, if you are going to work in the crypt. Do not need to use a lot of wallets. Better one is proven.
Nowadays they have many scammer, so i think one wallet is enough for us to used, to make it secure. So we can monitor from time to time.
Do you guys have a better idea to avoid theft in the wallet?
Security is one of the most important thing. For me to avoid theft or to avoid being hacked I carefully checked or examine the URL if it is not a fake one. I also use trusted wallets with less issues and sometimes I transfer my token immediately from wallet to exchanger, convert it then cash out.
The purse security should be in the first place, if you are going to work in the crypt. Do not need to use a lot of wallets. Better one is proven.
Nowadays they have many scammer, so i think one wallet is enough for us to used, to make it secure. So we can monitor from time to time.
My tip is to think logically, and check everything 10 times if you are doing something. It is easy to lose your coins if you are not focused. For a example if you are sending funds check the wallet address of the receiver more than 2 times.
Yeah you are right and especially before investing in crypto because investing in crypto means that you are giving the keys of your wallet to anonymous person and if there is any problem, you cannot claim your money. It can be hacked; you can forget your wallet address and so many other hazards. So it is better to think 100 times before going into cryptocurrency investment.
Yes of course just like a bank if you are a bank manager and you manage a bank that has don't want to use security do you think a person like me gonna put my money to you. You may lose it if your managements are not secure that can really a bad status in any bank. It is really important to have a security in your wallet.
I once read for security wallet,
this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet.
If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses:
Perform regular backups regularly
Save the backup on another device like in flash or another computer.
Use the encryption feature
With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer.
Do not forget the password
Losing a password equals losing your money! Wallet does not provide a password forgot feature.
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet
Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet.
If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses:
Perform regular backups regularly
Save the backup on another device like in flash or another computer.
Use the encryption feature
With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer.
Do not forget the password
Losing a password equals losing your money! Wallet does not provide a password forgot feature.
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet
Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
Well, all information you had here is great and useful. The best thing you should do is be extra careful and secured your wallet password that you only knows.
I think its really important to secure our wallet. Many hacker right now have good technic to stole our coin in wallet. We should secure our wallet more strictly and its much better if we use hard wallet
High security in the wallet is not negotiable anymore, moreover there are many hacking techniques available. It requires you to take precautionary steps so that the risk of hacking can be minimized. at least you should to have 2fa in every account you have, even though hacker have got your password they won't be able to login if there are 2fa...
Wallet is a very important thing to support transactions, of course we need a wallet that has high security and in my opinion activating all the security features provided by the wallet is something that must be done.
...
...Do you guys have a better idea to avoid theft in the wallet?
Split your holdings. Majority in a secured cold wallet and a small stack on the mobile/desktop wallet for daily purchases.
Or: Use a hardware wallet with seed being backed up in multiple secured places.
The key is to reduce the possible attack surface to a minimum.
And use your common sense. BTC's not only get stolen through digial/physical theft, but also through shitty ICO projects.
Shitty ICO project that wants you to install a software to connect to their network and receive worthless coins/tokens. Been there. Good thing I have some small knowledge about Operating Systems so I get to use virtual box and stake it in there. Such a waste of time.
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