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Topic: Is wallet security important to use? - page 2. (Read 28216 times)

hero member
Activity: 1078
Merit: 501
March 21, 2019, 03:57:56 PM
Security is important to everyone. I therefore keep the password in writing. Thieves can not get to the password. And always check sites for phishing before you enter a password.

This is good if you are using the wallet security but you have it in written form which is not good as anyone else can see it, try and makes sure no one else can know about it, when you enter it be careful, for all of us having wallet safety is very important to save our bitcoin for long term without hacking problem, as there are allot of hackers chasing you.
sr. member
Activity: 980
Merit: 276
March 21, 2019, 01:00:46 PM
there are ways to secure your cryptocurrencies. you can use hardware wallets such as trezor or ledger. they protect your wallets. suports also ethereum and some more. you can check them a bit.
full member
Activity: 616
Merit: 100
March 21, 2019, 12:48:14 PM
Security is important to everyone. I therefore keep the password in writing. Thieves can not get to the password. And always check sites for phishing before you enter a password.

well, wallet security is certainly an important point in this matter. because if a wallet has weak security, I don't think it will be of interest to people. in fact, some people moved when they used their wallets

Every day I see people competing to make an increasingly healthy and good security and we will continue to feel it in modern times at the present time.
hero member
Activity: 1246
Merit: 529
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March 21, 2019, 11:48:46 AM
Myetherwallet and Trezor are quite good to use because I have used it, but actually the use and vulnerability of hackers is because we are careless and carelessly storing our private key
No doubt all those wallets are really important and they has good name for safety and security, but apart from all this I know a really good wallet which is there in market since long, it has all the abilities to keep our investment safe from scammers and from other problematic issues, never share your private key with anyone.

Private keys were the one that needs to be kept in a much secure way. Another important thing is the recovery seed, there are users who lost their private keys as well as the recovery seeds losing big funds. These days majority of the decentralized wallets with private keys and the entire responsibility in the hands of the users.

I'd be surprised if anyone would say otherwise. Crypto wallets are extremely difficult to hack even for skilled hackers. The owner's carelessness would most likely be the cause of their demise since even if you have a hardwallet for your funds, losing your keys could be worse that getting your wallet hacked.
legendary
Activity: 1414
Merit: 1001
March 21, 2019, 05:24:04 AM
Security is the main issue for us to have a wallet. With the better quality of security of a wallet it will make us avoid various hacking actions. This has become a major goal and for anyone who wants to transact comfortably they must maintain the security of their wallet. Activate all the features that exist and don't let the security access that we have be easily known by others.
member
Activity: 574
Merit: 10
March 21, 2019, 03:42:12 AM
Security is important to everyone. I therefore keep the password in writing. Thieves can not get to the password. And always check sites for phishing before you enter a password.
jr. member
Activity: 98
Merit: 1
March 21, 2019, 03:21:22 AM
Yes wallet security important to use, safety first if you can't use proper security then this is possible to damage your valuable currency.
So we must ensure that our wallet security is safe and take a proper step for keep safe money.
copper member
Activity: 280
Merit: 1
March 18, 2019, 06:01:42 AM
We should consider and insist on bounty managers to hide email columns. These are good leads for spammers. The could send you messages to phishing sites. And it advisable to backup your private keys offline. I learn there are apps that provide means to save private data like enpass
newbie
Activity: 15
Merit: 1
March 18, 2019, 05:26:47 AM
Wallet reliability is very important. Currently too many scammers. Therefore, it is necessary to approach this very responsibly and with full seriousness. Two of my friends was hacked accounts and scammers stole money from them! Another important criterion in choosing a wallet is the fact that the wallet is in the top among the other wallets by usability.
member
Activity: 938
Merit: 14
Earn more with Earn Network
March 18, 2019, 01:28:26 AM
Wallet security is very paramount because there are lots of records on crypto wallet hacking. It is more secured to use a hard ware wallet like the Ledger Nano S but since not all can afford this, we can also protect our cold wallets with Google 2-Factor Authentication.
hero member
Activity: 2310
Merit: 532
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March 17, 2019, 10:04:00 PM
Myetherwallet and Trezor are quite good to use because I have used it, but actually the use and vulnerability of hackers is because we are careless and carelessly storing our private key
No doubt all those wallets are really important and they has good name for safety and security, but apart from all this I know a really good wallet which is there in market since long, it has all the abilities to keep our investment safe from scammers and from other problematic issues, never share your private key with anyone.

Private keys were the one that needs to be kept in a much secure way. Another important thing is the recovery seed, there are users who lost their private keys as well as the recovery seeds losing big funds. These days majority of the decentralized wallets with private keys and the entire responsibility in the hands of the users.
full member
Activity: 1008
Merit: 101
March 17, 2019, 05:15:26 PM
Myetherwallet and Trezor are quite good to use because I have used it, but actually the use and vulnerability of hackers is because we are careless and carelessly storing our private key
No doubt all those wallets are really important and they has good name for safety and security, but apart from all this I know a really good wallet which is there in market since long, it has all the abilities to keep our investment safe from scammers and from other problematic issues, never share your private key with anyone.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
March 17, 2019, 02:56:45 AM
Security is the one that needs to be given more importance, when it comes to cryptocurrency. With cryptocurrency each and every activity happens through the internet. When something is missing over there, it will cause a big loss. Till date most of the heavy market collapse has happened when there is a big security breach. This way security is far better required.
hero member
Activity: 1498
Merit: 537
March 17, 2019, 02:00:45 AM
it is very important therefore we cannot arbitrarily choose a wallet and also place a password or private key because there are already a lot of people having problems because their assets have been hacked. this is good for our self-learning so we can be careful
member
Activity: 602
Merit: 54
March 16, 2019, 06:51:23 PM
Wallet security is one of the most important things to learn before investing into crypto. One of the best ways is to create new wallet on fresh device which is never been connected to the internet and generate private key on that device, this is not easy, but if you are investing your life savings, you should secure these life savings like a your child.
sr. member
Activity: 1667
Merit: 271
March 16, 2019, 06:37:43 PM
I put my wallet in a winrar, and I put the winrara password,  i Forgot password. I can't  login my wallet  Smiley  You can store your wallet in this way.. even if possible, hide on a computer without Internet, or in flash memory.
sr. member
Activity: 1512
Merit: 397
dice9.win/ - Simple, fast and provably fair
March 16, 2019, 05:56:02 PM
Of course yes, without a good security, a hacker can easily hack your wallet.

In my opinion it's really important to choose a wallet that have a good security, also don't forget to add 2FA on your wallet!

in fact indeed in crypto we certainly need a wallet that has security. the problem is the condition of the wallet if it's not safe so we are feeding the lion just the same. Moreover, a lot of coins are stored in the wallet so the lion is very fortunate to get a lot of food. so I think that wallet security is certainly needed until now.
hero member
Activity: 1134
Merit: 500
March 16, 2019, 01:00:53 PM
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.
You can take extra safety measures like storing the crypto wallet on several media devices like usb flash or.why not even a simple cd.
sr. member
Activity: 1596
Merit: 335
March 16, 2019, 11:29:05 AM
We should know how to secure our wallets because it's where we store our earnings. We should be smart enough to handle our earnings. I would prefer to use a hard wallet rather than any exchanges since we all know that everything in the internet is hackable these days.
hero member
Activity: 1470
Merit: 504
March 16, 2019, 10:52:11 AM
Myetherwallet and Trezor are quite good to use because I have used it, but actually the use and vulnerability of hackers is because we are careless and carelessly storing our private key
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