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Title: Biggest Bitcoin Mistakes!?!? Post by: AdaptQuickly on October 09, 2013, 05:48:55 PM I want to know what you guys believe are the most common mistakes that new bitcoin user make!
I would have to say that most don't realize the importance of a STRONG password. I.e 10 charaters w/ letters, capital letters, numbers, and signs (#@$%#...etc) Title: Re: Biggest Bitcoin Mistakes!?!? Post by: naphto on October 09, 2013, 05:50:43 PM Password?
What are you speaking about? There is no password. Do you mean password for this forum? Or for an online wallet? Title: Re: Biggest Bitcoin Mistakes!?!? Post by: Cryddit on October 09, 2013, 05:51:09 PM Keeping unencrypted wallets on Windows machines with Internet connections.
This is, of course, a self-correcting problem. Title: Re: Biggest Bitcoin Mistakes!?!? Post by: pand70 on October 09, 2013, 05:55:27 PM People not having backups of their wallets maybe...
Since everyone can encrypt their wallet, cloud backups are a good choice imo. Title: Re: Biggest Bitcoin Mistakes!?!? Post by: jeffhuys on October 09, 2013, 05:57:49 PM Passwords ARE NOT ENOUGH! Where possible, use 2-factor.
Title: Re: Biggest Bitcoin Mistakes!?!? Post by: jeffhuys on October 09, 2013, 05:58:15 PM People not having backups of their wallets maybe... Since everyone can encrypt their wallet, cloud backups are a good choice imo. Also this. I backup my wallet with dropbox. No problem, because it's encrypted. Title: Re: Biggest Bitcoin Mistakes!?!? Post by: RodeoX on October 09, 2013, 06:01:32 PM Failure to back up your wallet. DO IT NOW!!!!
A lot of sad stories start with a wallet that has no backup. Title: Re: Biggest Bitcoin Mistakes!?!? Post by: AdaptQuickly on October 09, 2013, 06:01:41 PM Password? What are you speaking about? There is no password. Do you mean password for this forum? Or for an online wallet? I meant Online wallet password. Title: Re: Biggest Bitcoin Mistakes!?!? Post by: bitcoin44me on October 09, 2013, 06:05:27 PM Do not use 2FA and getting hacked.
Title: Re: Biggest Bitcoin Mistakes!?!? Post by: AdaptQuickly on October 09, 2013, 06:19:12 PM Do not use 2FA and getting hacked. +1 Question: How much does 2FA increase sercurity? I understand that the increase is substantial, but in comparison to not using it? Title: Re: Biggest Bitcoin Mistakes!?!? Post by: Victorinox on October 09, 2013, 07:13:52 PM I backup my wallet, use 2 stem authent and encrypt but how dangerous are Macs in general to these attacks?
Title: Re: Biggest Bitcoin Mistakes!?!? Post by: torrentheaven on October 09, 2013, 08:56:27 PM I want to know what you guys believe are the most common mistakes that new bitcoin user make! Forgetting password :) Make sure you write it to paper so you dont loose access to your wallet in future :) |