Is wallet security important to use? - page 21.

laracastvue

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Quote from: holtzmann on August 31, 2018, 06:35:18 AM

The security of the wallet is the first thing to consider. Your digital wallet can be hacked and your data can be used – make sure to protect it.

Well if you are looking for a wallet that has a good security then that will be myether wallet because most of the investors and traders in the market are using mew because it has good reputation.

holtzmann

newbie

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The security of the wallet is the first thing to consider. Your digital wallet can be hacked and your data can be used – make sure to protect it.

hawkins

hero member

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Merit: 500

Quote from: Dheo on August 30, 2018, 01:07:21 AM

Quote from: btccrusher on August 30, 2018, 12:28:27 AM

Offline wallets are best regarding security issues, however, users should back up the seed/secret key at least in tow different offline method like writing on a paper and storing in a flash drive.

What ever you are using wallet the most important is you have 2fa so the hackers can't hack your wallet easily. Make sure that you save your password.

you are right. no matter how good the security of a wallet is, but if you can't avoid phisning sites, or viruses that have been spread on the internet, I think that will be useless. well, a system will be good if you also interpret how the system works.

Dheo

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Quote from: btccrusher on August 30, 2018, 12:28:27 AM

Offline wallets are best regarding security issues, however, users should back up the seed/secret key at least in tow different offline method like writing on a paper and storing in a flash drive.

What ever you are using wallet the most important is you have 2fa so the hackers can't hack your wallet easily. Make sure that you save your password.

Siren

sr. member

Activity: 826

Merit: 265

Quote from: Suprex125 on May 13, 2018, 02:51:33 AM

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.

I guess your advices are enough if just being followed and understood,because actually fundamentals of security is only an added materials for our funds to keep intanct ,when in reality that its our carefulness and safeties is the most accurate way for our crypto and even physical money will he more safer than securing

btccrusher

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Offline wallets are best regarding security issues, however, users should back up the seed/secret key at least in tow different offline method like writing on a paper and storing in a flash drive.

RudeeTam

member

Activity: 299

Merit: 11

The best way I know would be to save your private key since no matter what happens to your phone, you can still have access to your funds if you still have your private key by unloading them to another wallet.

calya

sr. member

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Quote from: Gudhal Untu on August 29, 2018, 09:13:41 PM

Security is very important, bitcoin is money so it makes anyone try to steal, the thing to do is to activate all security features from the wallet provider so that we can avoid losses.

without activated all feature, i am worry hacker will able to attack our wallet.we often heard that they able attack full activated security in wallet.and stole its balance.

resty

full member

Activity: 501

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Quote from: Suprex125 on May 13, 2018, 02:51:33 AM

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.

Our wallet is covered by multiple numbers and letters so no reason why it will stolen by others it is secured unless we do not handle it very well.

marketone

legendary

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It is very important for storing the altcoin because most of the scammers are finding ways to steal the money. So we people always need to activate some security measures in order to be safe from these hackers.

Gudhal Untu

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Security is very important, bitcoin is money so it makes anyone try to steal, the thing to do is to activate all security features from the wallet provider so that we can avoid losses.

RedzoneASE

member

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TRONscratch.com

If you are trading you need to remove other factors which could lead you to investment losses and one of this is security. Have a secured wallet will lessen the risk of your investment.

kenlyresuello08

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First of all you should have a strong quality of password. then don't trust your important details even its your closest friend of yours the only person will know that details was you

mutrang23

full member

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Online security vendors are constantly upgrading their security systems to keep all customers safe from hackers. Hackers have hacked many vendors, but many have been stolen. Many events are occurring, but all providers treat them in a short time and limit the risk that may arise.

spongegar

full member

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I think it's also important to be careful with where you connect your device in order to have an internet connection. I've heard from a tech professional that you shouldn't do any financial activities, like banking, while your device is connected over on tp a public wifo becaude. You'll be susceptible to informational theft.

JostikSSS

jr. member

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Any wallet that you use should be protected to the maximum in order to avoid losses of your bitcoins. But how would you not reliably protect your money still do not keep them all in one place! I use at least 3-4 different bitcoin storage locations, all passwords are recorded in at least 3 places and all my passwords are known to my family in order to avoid trouble with my health. Be very careful and don't lose your bitcoins in the Internet world.

As roma

newbie

Activity: 53

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Quote from: tepakpak on August 23, 2018, 10:01:09 AM

For now, wallet security is still awake and what I do doesn't visit any sites, I focus only on cryptocurrency and use malware antivirus. may be useful!

I think you better look for a good wallet and safe security, and it's not complicated to use. I mean, you understand the wallet.
This is very necessary because the wallet that we use is a place to store something valuable and you don't want the wallet to be hacked right?

Gramna

member

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Wallet security plays a vital role when you store your coins in it. You invested time, effort and money to be able to gain these coins so you better be sure that the wallet you are using is secure and that you will also be very careful in securing your password or passkeys to be able to access your coins.

Bunsomjelican

sr. member

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Well, depending on the wallet you use I think. it is because Bitcoin wallet and altcoin wallet are differ to one another actually. Like for example in

Bitcoin wallet, you can use electrum wallet, mulibithd, exodus, each of them had their own security system to secure your bitcoin. Even in

altcoin, most probably they've used Mew wallet, shapeshift, or coinomi. Therefore, for me making security of your wallet is very significant at all.

vachellie

member

Activity: 140

Merit: 10

Of course it's important if you want you lose your wallet then just ignore it Grin

Just carefully use your device that stored your private key like carefully opening suspicious website.
Human error usually reason why their wallet get hacked.

Topic: Is wallet security important to use? - page 21. (Read 28216 times)