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Topic: Is wallet security important to use? - page 30. (Read 28216 times)

member
Activity: 107
Merit: 36
July 11, 2018, 01:11:54 AM
#73
Because I do not want to risk my wallet and then hacked by someone who wants to take a coin in my wallet.
member
Activity: 490
Merit: 17
July 11, 2018, 01:08:37 AM
#72
Wallet security is very important to us and we are to secure our wallet in other not to lose money.  I have a friend that has lost his wallet private keys and that affect the ways he judge cryptocurrencies and always called it a scam.  I think it is very important we secure our wallet in other not to cry in future.
member
Activity: 224
Merit: 10
July 11, 2018, 12:56:28 AM
#71
Of course with a safe wallet we also believe that the crypto currency that we keep is safe. Because I do not want to experience things I do not want like a wallet that I use hacked by anyone.
sr. member
Activity: 686
Merit: 250
July 10, 2018, 10:05:45 PM
#70
The security of wallet is very important .. specifically to those who have a big fund, btc or atls on their wallet, even small amount they need a secured wallet .. i agreed do not put the important key or important infos on your phone you, put on a safe place or write it on the book or print on paper to still safe put on your room where is safe.
The amount of money that you are holding is irrelevant even if you only have ten dollars in your wallet you still need to secure your wallet, it is good practice after all you never know if the coins you are holding eventually become extremely valuable, this happened to a lot of people not only with bitcoin but with altcoins as well and when they remembered they had some coins that had skyrocketed they find out a hacker had stole their coins due to their lax security practices.
member
Activity: 249
Merit: 10
July 08, 2018, 03:55:15 PM
#69
Unfortunately, my wallet was hacked. I was careless in secure it. But now I use metamask, but I want to buy Tazor wallet in future. It is autonomous, but not free.
newbie
Activity: 154
Merit: 0
July 08, 2018, 05:24:03 AM
#68
You are right, we should be extra careful with our cryptocurrency if we wanted to to make it safe. You can use a wallet to store your crypto. And I do agree,  that one must have a back-up so that what ever happens you can still recover your account. It is safer to use wallet to avoid hackers, and you must be the only one to know your passwords to avoid awful things to happen.
hero member
Activity: 1246
Merit: 529
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July 08, 2018, 03:31:15 AM
#67
do not rely too much on computer or smart phone. we can record passwords or private key into a book or print out. manual way can still reliable even though the modern era. or use personal encryption to protect data theft so that stolen data can not be opened on other devices.

Good point. Though with the generation today, i doubt if youngsters would be interested in using such method. But i'd consider it especially now that many things online can be compromised.
full member
Activity: 322
Merit: 103
July 08, 2018, 03:16:40 AM
#66
yes very important it is more important than you profits because when your security is breach or someone knows what your wallet's private key you could lose all your bitcoins in a click that applies to all crypto also even though we got a good technology if the password is known by the hacker its goodbye time to your money so don't share it to others and always prepare a hard copy of it just incase your pc broke or you had lost your smartphone
full member
Activity: 1624
Merit: 163
July 07, 2018, 10:19:50 PM
#65
Those are some good tips though. I don't really see much of a way for the thieves to get into your wallet as long as you have a password for it, unless you trusted those person and you gave them your password. The wallets are fairly secured in my opinion where the only fault is the fault of the person holding the wallet. Well, what you could do is to either write the private key into a piece of paper then print it or you could take a picture of it and print it so that you could delete every trace in your computer to prevent any hackers. That way, even if hackers get into your computer, they will never get your coins unless it is a human error, like for example, it was your friend and you gave them your password because you trust them.
jr. member
Activity: 168
Merit: 5
July 07, 2018, 09:37:19 PM
#64
do not rely too much on computer or smart phone. we can record passwords or private key into a book or print out. manual way can still reliable even though the modern era. or use personal encryption to protect data theft so that stolen data can not be opened on other devices.
newbie
Activity: 126
Merit: 0
July 07, 2018, 07:57:31 PM
#63
It is almost the key for you to not become a broke person. If you will just ignore the security of your wallet and not use the possible ways to make your wallet secured then you are risking yourself and your funds in danger because most of the criminals in the internet will just get the money of yours and that is how you will become a broke person.

Yes that is very important the key of your wallet because if one can notice that wallet private key then it will gone your coins like bubble in the air,
The private key is most important in this business because if it will be hacked then it is your fault ,you did not mind to make sadety of your wallet, for me I trust this wallet ,myetherwallet ,so what yours can you make some advise dor more secured wallet than myetherwallet.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 07, 2018, 07:34:44 PM
#62
It is almost the key for you to not become a broke person. If you will just ignore the security of your wallet and not use the possible ways to make your wallet secured then you are risking yourself and your funds in danger because most of the criminals in the internet will just get the money of yours and that is how you will become a broke person.
newbie
Activity: 126
Merit: 0
July 07, 2018, 06:55:58 PM
#61
I think purse purse is necessary. Nowadays, hackers are stalking us, probably losing money at any time, so focus on this do not visit bad sites. So you are vulnerable to hacker attacks.
member
Activity: 252
Merit: 10
July 07, 2018, 06:18:55 PM
#60
Yes security wallets is the main important and trusted wallets we choose with the best security it has,because through that there we gonna keep all our earnings and profits so we have to choose the best wallets as it has,and keep your private key only to yourself wuth no one knows as long as your trusted partner only coz without the key you cannot open or changed it.
Wallet security is the most important thing for investors in this market because you are sure that you will not want all of your assets after one night to disappear completely and there is no way to get back. . The crypto's anonymity makes you the only protection of your assets in the crypto market.
jr. member
Activity: 144
Merit: 1
July 07, 2018, 05:47:39 PM
#59
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 we should be responsible in keeping it our security wallet because that is the storages of our money and also the informartion that we protected especially the private keys that we have. So for me it is better that we have more back up copies of our security wallets, just in case that we lost our divice. We don't have any bother's at all.
sr. member
Activity: 951
Merit: 250
July 07, 2018, 04:38:00 PM
#58
Always be vigilant and alert, I've been in crypto for about 6 years, and the only time I've lost crypto was through btc-e though that was out of hands. Some people can really be lax protecting their private key, forgetting that, that is all a person needs and your funds are gone! Definitley read up on latest sec and encryption news to learn how best to protect yourself.

That is the most important we must be alert and active or presence of mimd as always. If you have your crypto you should put it in a aafety mode with password in the wallet so that it will not turn into other hands. Being positive and looking forward in the future is very helpful for the safety.
newbie
Activity: 133
Merit: 0
July 07, 2018, 04:06:23 PM
#57
Yes security wallets is the main important and trusted wallets we choose with the best security it has,because through that there we gonna keep all our earnings and profits so we have to choose the best wallets as it has,and keep your private key only to yourself wuth no one knows as long as your trusted partner only coz without the key you cannot open or changed it.
newbie
Activity: 167
Merit: 0
July 07, 2018, 03:57:16 PM
#56
Yes it is security wallets is important because for the first place this is where you gonna store all your tokens/rewards so better choose also the right wallet and be aware for the security also of it for the safetyness.
newbie
Activity: 72
Merit: 0
July 07, 2018, 02:07:39 PM
#55
As without the safety of the wallet, this is the most important thing.  Choose the right one.
sr. member
Activity: 779
Merit: 250
July 07, 2018, 01:00:51 PM
#54
Yes wallet security is very important to store the coins. You have to be very careful while choosing the wallets,  the main thing for bitcoin holdrrs is their wallet only. If the wallet has been hacked everything will be lost. Always backup is very important, keep the private keys very safe. If the wallet lost we loose our money also. Dont share or give your private key to anyone. Hackers will easily take the money from your wallet.

Absolutely yes, those investors are looking for a very good wallet that cannot be easily revealed or hack, because cryptocurrency is very good asset to hold for a very long time.
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