Topic: Is wallet security important to use? - page 25. (Read 28216 times)
The basic thing actually to back up your wallet on an offline device, that takes it off the reach of hackers. Also avoid visiting phishing sites
Definitely yes because it secures your bitcoun investment,.preventing scam and hackers.If you have
wallet security, no one can steal your bitcoin.
This is like the basic of using wallet and making any moves on crypto, you just need to secure your wallet to avoid any attack on your account, without that you could lose what you have, it is like "must have" if you think about something in crypto market. wallet security, no one can steal your bitcoin.
Yes We have to use recommended wallet security features such as Email verification or Google Authentication. It will give more security to our wallet from phishing attacks. Let me give me simple example of mine On bitfinex I don't put any security feature ( 2FA ), Two days i got email that someone just login your bitfinex account that means hacking of wallet without google 2FA is easy for hackers so that's why it is recommended for you.
Definitely yes because it secures your bitcoun investment,.preventing scam and hackers.If you have
wallet security, no one can steal your bitcoin.
wallet security, no one can steal your bitcoin.
Of course, your wallet's security is needed. We know that our wallet needs to save Bitcoin afterwards. And we get private keys for each wallet. If you can save this private key well then you do not have to worry about Bitcoin's security. If you use the private key very carefully then there will be no worry.
You should set your wallet security goals to the top while entering the password
with a warranty inconvenience not to be hacked, for some people this is a challenge to strengthen knowledge to be more responsible in conducting transactions on the internet, I believe in the end a safe system will continue to grow, but indeed this is feared by many internet users or even the government. at least there is still an exchange market that is responsible for its users, or we can still use hardwallet as an alternative.
Secure wallet is very important mainly for the security of the investor. E-wallet security is still a barrier for the public to receive it. anti-fraud, privacy protection, the most important account
Saving bitcoin in a wallet is certainly safe, but I suggest not to rely solely on one wallet, if the wallet is hacked then all of our accounts are lost, dividing bitcoin in many places is certainly better and safer.
It is very important the security Wallet for use, because it could avoid something alarming. than will be lost in vain, in vain without the use of his own. so it's important to use the exact security wallet, because there not everyone can use.
Wallet security is the most important thing because after your hardwork is kept in that wallet you need to protect it. Else a scammer will make your work in vain.So we need to protect our wallets with all diligence.
I agree, what will you feel if your wallet hacked or got a scammed? That's why protect it. Do not entrust your password to anyone.
Securing your wallet is very important all your income and money is your wallet there are so many hackers now always be careful on phising sites for your own sake
Securing your wallet is number one thing that you have to look at in the cryptocurrency business.It will be very painful to work all these while and someone will take just some minutes to hack your account.
yes it was very important, because there are a lot of people in the industry that has been hacked before and that is the reason why wallet and market holders are very important.
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:
Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
Does Bitcoin really stored in a phone software? I do remember that Bitcoin can be stored in a ledger wallet which is a hardware and not a software. Bitcoin uses a private key which you can access anywhere and that private key is what needs security and not the phone.
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!
Bitcoins are not stored inside a device. The private keys, which are necessary to use/move the corresponding UTXO's (which have been confirmed on the blockchain), are stored inside your device.
A simple backup of your private keys (or better: seed) can counteract a loss of bitcoins if the device breaks.
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.
Yeah the biggest thing here is not putting everything in the same account. I heard a story of a guy who lost his harddrive once and there was nearly a million worth of bitcoin on there. It got mistakenly thrown in the dump and he chased after it, went riffling through the landfill for a week but still couldn't find it.
Just keep the main copy on an external drive and consider that your bank account. Make a copy on another external drive. Write down the seed somewhere safe.
Securing your wallet is number one thing that you have to look at in the cryptocurrency business.It will be very painful to work all these while and someone will take just some minutes to hack your account.
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.
yes of course any crypto you hold should have a formidable wallet that could never get phished out even if you give the important details on your wallet or disclose it to someone else. There are wallets that you can change the setting that will allow you to make a two way transactions meaning if there is a transfer of crypto you will be ask for a phone number to get the code and then confirmed the transaction. This could be an ideal to prevent from getting hack or transfer of your crypto to another wallet without your knowledge. 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.
Wallet is certainly the safest place to save our coins, but most people actually store their coins in wallet exchanges, when their accounts can be hacked then everything will disappear, so I suggest making a wallet as a place to put coins.
Wallets is very important because that is the place where you put all your coins and it also needs to be secured so you should choose a wallet based on its reputation regarding on different traders and investors in the market.
Wallet is certainly the safest place to save our coins, but most people actually store their coins in wallet exchanges, when their accounts can be hacked then everything will disappear, so I suggest making a wallet as a place to put coins.
Wallets is very important because that is the place where you put all your coins and it also needs to be secured so you should choose a wallet based on its reputation regarding on different traders and investors in the market.
Wallet is certainly the safest place to save our coins, but most people actually store their coins in wallet exchanges, when their accounts can be hacked then everything will disappear, so I suggest making a wallet as a place to put coins.
Wallets is very important because that is the place where you put all your coins and it also needs to be secured so you should choose a wallet based on its reputation regarding on different traders and investors in the market.
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