Is wallet security important to use? - page 22.

artichandra

newbie

Activity: 173

Merit: 0

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.

Obviously wallet security is important, as we know, wallet itself already secured by their developer, but the problem is user itself, mostly people lost their wallet because carelessly placing their private keys make them lose their wallet.

tommisetiyawan

newbie

Activity: 148

Merit: 0

Of course a safe wallet is needed to store our crypto currency. I always use authentication codes to secure data from a bitcoin wallet to avoid theft from hackers, and I have never kept my personal data on records connected to the internet, always storing my personal data in my diary.

sudip76

full member

Activity: 280

Merit: 100

Yes of course. Wallet security is the main thing. Because you store your money on the wallet so you need check strong wallet security before deposit any money.

taliwang

sr. member

Activity: 658

Merit: 250

yes, of course the security for your wallet is very important because by adding security to your wallet it will be very difficult to steal. so don't let you not be able to provide excellent security for your wallet because it will provide a very high risk.

Agniya

jr. member

Activity: 282

Merit: 4

dApps Development Automation Platform

Certainly the reliability of the wallet is important. Otherwise, you risk losing everything you earned and saved up.

Dodongbtc111

newbie

Activity: 167

Merit: 0

Yes ofcourse, having this is very important since security must be emphasize. Having a wallet security can reduce the risk of being hacked and avoid any lapses that could tend to losses.

Ponti

hero member

Activity: 910

Merit: 501

Of course you should be worried about your wallet security. First of all you should isolate all your wallets from your main PC. Be sure to use passphrases. Also there are specific hardware devices that serve the purpose of protecting your cryptocurrency, have look at Ledger and Trezor.

iMark

sr. member

Activity: 1162

Merit: 251

Quote from: umbara ardian on August 27, 2018, 11:49:58 PM

yes of course the security of your wallet is very important and really helps you to secure the assets that you have and there is nothing wrong if you add security to your wallet.

There are hackers who try to enter in my wallet account, it can be seen from the incoming email notification, I don't know how they know about my wallet password, but fortunately I use additional security, that is sms verify to log in so that hackers will not be able to enter because there is verification, luckily i use that. it's just an example of the importance of wallet security

tinystone26

member

Activity: 434

Merit: 10

Unleash the Power of the World's Crypto Data

Yes of course having a security in our wallet is a big deal because we put our money to t to keep it safe and maintain the amount of it. And I think if it has no security do you think people will trust the wallet they use to hold it No of course. It may affect the people's trust to that wallet and make their self hold their money to prevent from losing it.

Diablesfunis

full member

Activity: 448

Merit: 100

You coin is stored in your wallet on the blockchain not some hardware, if you want your wallet to be more secure then you should buy a hardware wallet so that other people can't access your wallet unless they have your phrase. If you want to use some web wallet then you shouldn't click random thing on internet to prevent some malware to infect your computer.

yonjitsu

full member

Activity: 476

Merit: 100

www.daxico.com

Of course yes, basically! Having a wallet security is very important just like making it double secure from cyber criminals. The famous 2-way factor authentication is also an example of a secured wallet, plus, keeping yourself so vigilant against all malicious and suspicious acts can give you a highly secured digital wallet.

Xardasim

sr. member

Activity: 1624

Merit: 250

Quote from: Taskford on August 26, 2018, 12:14:13 AM

Yes it really is, wallet security is important because it shows how you will protect your digital wallet from hackers or people that have bad motives to it. Turning it on will make your wallet more difficult to hack and you can recover your wallet incase you lost your device. It may be a hassle to do but it is a big help to prevent your wallet being emptied without your permission.

Security is important in the cyberworld because you don't know who or when hackers will attempt to invade your privacy and stole something important from you.

It is definitely the main reason for using wallet. Because there are hackers who can even steal exchanges money. Anyway, you should give priority to offline wallets, then 90 percent of your money is secured.

noah tall

full member

Activity: 524

Merit: 100

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.

Would you let your own wallet just stay on the road for anyone to pick up and just trust the world that no one would pick it up and you will find it wherever you left it on the road ? If not than you would not like your online bitcoin (or any crypto currency) wallet to be unprotected neither.
Just like how you keep your wallet with you and try to protect it from getting stolen by any thief, you also protect your crypto wallets so that no one can really steal your coins from you. I do not see any difference between the two of these, if you think your coins are less valuable than your real wallet, than you do not believe in the future of crypto.

tanzaholzmann

newbie

Activity: 101

Merit: 0

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.

Yeah, the security of digital wallets is very important, your advice is also useful and I always choose the best wallet and store important information such as passwords on a piece of paper and then I store in my used shoes.

RolandoBTC

newbie

Activity: 109

Merit: 0

Yes we need to have a double security aside from putting into your smartphones be sure to keep it also in your pri vate notes.,keep it secondary safety for your wallet protection.and dont ler anyone know your private keys because that is your only way through accessing on your important journey.

umbara ardian

sr. member

Activity: 1358

Merit: 259

PredX - AI-Powered Prediction Market

yes of course the security of your wallet is very important and really helps you to secure the assets that you have and there is nothing wrong if you add security to your wallet.

Akenosi

newbie

Activity: 238

Merit: 0

Very important, even with our own life we need security, with the high rate of cyber crime and hacker's we should know better that any new technology has its alternative and so be very careful with our devices especially those we use in transacting business.backups is good incase of any lost or breakdown, keep ur pass code to urself, our security is in our hands.

Taskford

hero member

Activity: 2520

Merit: 783

Yes it really is, wallet security is important because it shows how you will protect your digital wallet from hackers or people that have bad motives to it. Turning it on will make your wallet more difficult to hack and you can recover your wallet incase you lost your device. It may be a hassle to do but it is a big help to prevent your wallet being emptied without your permission.

Security is important in the cyberworld because you don't know who or when hackers will attempt to invade your privacy and stole something important from you.

Lexurdania

member

Activity: 840

Merit: 10

Its much better not using phone wallet because it can stole if our phone lost. Better using desktop wallet or hard wallet to store our coin. The best wallet is hard wallet i think. Important thing are we should keep our private key to safe wallet

lynlyn

member

Activity: 243

Merit: 10

Quote from: Deubila on July 19, 2018, 08:41:54 AM

Quote from: laravuemaster on July 11, 2018, 10:08:16 AM

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.

In my own opinion, yes it is very important because you wallet is where you are placing your earnings so definitely you need a very safe wallet for you to become wealthy in the future. The only problem is phishing sites which you can reveal your self accidentally.

Exactly. We need to look carefully when using a wallet. Since there are many fake links, impersonation if not read carefully and learn more. It's easy to cheat on property. So please consult carefully before using e-wallet and learn how to secure them safely.

Yes It was very important to use in terms of storing your holders to make secured at all the time.

Topic: Is wallet security important to use? - page 22. (Read 28216 times)