Bitcoin Forum

Other => Beginners & Help => Topic started by: CrysisCrypto on December 03, 2017, 06:04:13 PM



Title: Reduce investment in bitcoin ...
Post by: CrysisCrypto on December 03, 2017, 06:04:13 PM
Lately I often find news that says There are some risks to storing bitcoins such as the ease with which a digital wallet is infiltrated by viruses or hackers so that investors' money, say Rp 10 billion, can evaporate in seconds without any guarantee of return. And also bitcoin does not have that law which makes me even more afraid to invest in bicoin.


Title: Re: Reduce investment in bitcoin ...
Post by: Intensity on December 04, 2017, 01:08:21 AM
One thing about Bitcoin is that you have to be your own bank. You have to take care and secure your own assets. It is not easy to hack somebodies bitcoin, but you must look after your assets. Use 2FA, password manager, another computer beside your main one for desktop wallet. And the best method... Get a hardware wallet like a Ledger Nano. It's the best way to secure your funds.


Title: Re: Reduce investment in bitcoin ...
Post by: ceyceyki on December 04, 2017, 02:27:08 AM
Buying hardware wallet is the best. But also if you are using websites enable 2FA. And use different passwords for different websites.


Title: Re: Reduce investment in bitcoin ...
Post by: ZCoinTalk on December 04, 2017, 06:01:19 AM
Paper Wallet is also fine: https://bitcoinpaperwallet.com


Title: Re: Reduce investment in bitcoin ...
Post by: ananas99 on December 04, 2017, 06:29:37 AM
Lately I often find news that says There are some risks to storing bitcoins such as the ease with which a digital wallet is infiltrated by viruses or hackers so that investors' money, say Rp 10 billion, can evaporate in seconds without any guarantee of return. And also bitcoin does not have that law which makes me even more afraid to invest in bicoin.
There are of course, because there are a lot of holes in the crypto currency and wallets in order to easily pump them. The risk here is very large, so you need to create several hardware wallets and only hope that it will not be hacked.