Of course yes, without a good security, a hacker can easily hack your wallet and steal all your coins.
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!
Topic: Is wallet security important to use? - page 3. (Read 28216 times)
Wallet security is my constant problem, I always worry about the safety of tokens, I use several wallets, and I try to always be aware of all the news related to security.
Nobody can ever steal money when using wallet security. There is less danger of wallet hacking.
Thief could still steal your money, they are clever.And if the wallet does not use security, its consequence is very frightening.
Most of those problems come from user's fault, because they are lazy to secure their assets and blame the software because they don't offer the wallet security, which isn't the case here. You as the user have to take care of your own assets.
well. you should use a totally clean computer. if your computer has been infected by any virus or trojan, your wallet is not safe at all. and you can try using some hardware wallets agains theft as well.
Yes, it is very important to use wallet security. Because wallet security can be used to keep wallet money safely. Nobody can ever steal money when using wallet security. There is less danger of wallet hacking. It is safe to use wallet security. Using wallet security reduces the risk. And if you do not use wallet security then there may be many problems. Such as Wallet hacks may occur. Wallet's money can be stolen at any time. The wallet can be broken. So I think wallet security should always be used. And if the wallet does not use security, its consequence is very frightening.
Thank you
Nice suggestion mate, those who lose money or get hacked it is only because of their own mistake most of time we feel safe from our friends and we open our wallet without any fear but it is not good keep your private key safer and avoid sharing anything related to privacy of your investment and about your wallet so it will help you keep your investment safer. Thank you
Nobody can ever steal money when using wallet security. There is less danger of wallet hacking.
Thief could still steal your money, they are clever.And if the wallet does not use security, its consequence is very frightening.
Most of those problems come from user's fault, because they are lazy to secure their assets and blame the software because they don't offer the wallet security, which isn't the case here. You as the user have to take care of your own assets. Security of our wallets is the most essential talk with regards to the cryptocurrency world as everybody of us here who has digital currencies are truly searching for wellbeing measures on the most proficient method to guard our coins, there are cold wallets where we could securely shroud our private keys or any data about our property, yet the thing is, our coins are still out there and each one could simply observe what ever measure of coin we are holding, it would be better on the off chance that we are the special case who can see our coins.
if you are discussing a wallet that is on the exchange then the wallet should have very high security to provide guarantees for all cryptocurrency assets from the users of the exchange, but for the wallet where the exchange is as strong as possible the security will be broken as happened in several exchange places.
Yes, it is very important to use wallet security. Because wallet security can be used to keep wallet money safely. Nobody can ever steal money when using wallet security. There is less danger of wallet hacking. It is safe to use wallet security. Using wallet security reduces the risk. And if you do not use wallet security then there may be many problems. Such as Wallet hacks may occur. Wallet's money can be stolen at any time. The wallet can be broken. So I think wallet security should always be used. And if the wallet does not use security, its consequence is very frightening.
Thank you
Thank you
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.
Avoiding theft in a wallet is really simple you just need to be invisible to everybody that you should not open your account in public and you should not share any information to strangers. Also you need to pick a legit wallet that has a great security like blockchain. 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 do not use mobile device wallet, I use only for small payments, better to use cold wallet the safer!
Of course it is very important, I have security systems to my currencies even externally with a key that is generated in specialized programs SHA-256, apart from the normal protections that we always apply, encryption, 2FA, among others. This is the most important thing, even if you think that an Exchange is more secure, it is not the best solution, it is best to have our coins well protected in a Cold Wallet.
Security of our wallets is the most essential talk with regards to the cryptocurrency world as everybody of us here who has digital currencies are truly searching for wellbeing measures on the most proficient method to guard our coins, there are cold wallets where we could securely shroud our private keys or any data about our property, yet the thing is, our coins are still out there and each one could simply observe what ever measure of coin we are holding, it would be better on the off chance that we are the special case who can see our coins.
Maybe some of your questions have been answered, "security of the wallet", well for that your wallet security is like you are guarding your own house, a person who wants to enter and take your valuable, essentially the house key is safely guarded, never given to others as well asto your wallet wallet so that it cannot be stolen safely, if you can keep it all it is definitely safe for you.
Hey yes wallet security is very important for anyone who is holding crypto's, as an unsecured wallet could be hacked and one could loose his funds. I believe people often make the mistake of sharing their wallet details with friends and family which is a big mistake according to me. Also I would suggest you to use 2fa on your wallet, that will provide you more security, and use a 16 digit passwords as it's difficult to crack it.
I think anyone investing a significant amount into cryptocurrencies should consider a hardware wallet, thus making theft much more difficult due to its encryption of private keys. It can be very comforting to know that a hardare wallet is immune to even a compromised computer.
Even if you don't hold large portions of crypto a hardware wallet is essential.
You are not afraid that you will get phised by any website and this is the main source of scamming nowadays. I bought a hardware wallet along with my first crypto purchase.
Certainly very important because the wallet is security for our assets. if our assets are able to be accessed, the potential inside is potentially stolen, therefore we must be careful in storing our assets to get a sense of security.
I think anyone investing a significant amount into cryptocurrencies should consider a hardware wallet, thus making theft much more difficult due to its encryption of private keys. It can be very comforting to know that a hardare wallet is immune to even a compromised computer.
There are users who prefer long term holding. It is good to have a hardware wallet unlike the investment volume. Keeping a hardware wallet will ensure the security in a higher level. With cryptocurrency wallets serve as our own banks.
I think anyone investing a significant amount into cryptocurrencies should consider a hardware wallet, thus making theft much more difficult due to its encryption of private keys. It can be very comforting to know that a hardare wallet is immune to even a compromised computer.
Maybe some of your questions have been answered, "security of the wallet", well for that your wallet security is like you are guarding your own house, a person who wants to enter and take your valuable, essentially the house key is safely guarded, never given to others as well asto your wallet wallet so that it cannot be stolen safely, if you can keep it all it is definitely safe for you.
Hey yes wallet security is very important for anyone who is holding crypto's, as an unsecured wallet could be hacked and one could loose his funds. I believe people often make the mistake of sharing their wallet details with friends and family which is a big mistake according to me. Also I would suggest you to use 2fa on your wallet, that will provide you more security, and use a 16 digit passwords as it's difficult to crack it.
The best idea to avoid theft in the wallet is by picking the right wallet that has a great security which no hacker could open it like blockchain, coinbase, and etc.
Imagine using web wallets, they can easily steal your assets through web wallet. It's not the safest way to store your cryptos, especially on the internet. You can also use hardware wallet like ledger or trezor that has more great security than online wallets because you are the only one who can access on it, you only need is to not forget your private key and misplace it.
Yea, it's easy to say. But most people are lazy to even buy these equipments, because it costs money and other shit. Maybe some of your questions have been answered, "security of the wallet", well for that your wallet security is like you are guarding your own house, a person who wants to enter and take your valuable, essentially the house key is safely guarded, never given to others as well asto your wallet wallet so that it cannot be stolen safely, if you can keep it all it is definitely safe for you.
Hey yes wallet security is very important for anyone who is holding crypto's, as an unsecured wallet could be hacked and one could loose his funds. I believe people often make the mistake of sharing their wallet details with friends and family which is a big mistake according to me. Also I would suggest you to use 2fa on your wallet, that will provide you more security, and use a 16 digit passwords as it's difficult to crack it.
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