Bitcoin Forum

Other => Beginners & Help => Topic started by: Johannson on April 19, 2018, 02:48:59 PM



Title: Safety in general
Post by: Johannson on April 19, 2018, 02:48:59 PM
What are some tips for safety from creating my account to selling ( trading)  and converting to fiat money.
I see too much information all spread and I am aware of scams, so I would like to get advice from trusted real users.

Thanks in advance if someone helps, that'd be really good !


Title: Re: Safety in general
Post by: mk4 on April 19, 2018, 03:47:57 PM
  • Make sure the email you're using to register your account isn't compromised
  • Make sure to use a complex and reasonably long enough password to prevent brute-force attacks[1]
  • Don't re-use passwords from different accounts
  • Use 2FA


[1] https://en.wikipedia.org/wiki/Brute-force_attack


Title: Re: Safety in general
Post by: Corsicoin on April 19, 2018, 04:02:51 PM
You should always enable 2 factors authentification.
Not to protect from thieves, but more from excnahges that are gonna steal your funds pretending you did not enable the 2FA !

True story...


Title: Re: Safety in general
Post by: paiinfo on April 19, 2018, 06:32:46 PM
This topic entitled "Trust No One" gives some helpful information on how to be safe and secure : https://bitcointalk.org/index.php?topic=33835.0. If you don't want to read through that whole topic, the title is a nice summary of the content.


Title: Re: Safety in general
Post by: hugeblack on April 19, 2018, 07:08:34 PM
What are some tips for safety from creating my account to selling ( trading)  and converting to fiat money.
I see too much information all spread and I am aware of scams, so I would like to get advice from trusted real users.
Thanks in advance if someone helps, that'd be really good !
  • Check that you are visiting the real site and not the scam one (use some tools like MataMask for MyetherWallet)
  • Do not use your password more than once (you can use sites like https://passwordsgenerator.net/ to get strong password)
  • Do not use exchange sites to save/store currencies.
  • try some services like https://1password.com/ and some OS system like Linux.


Title: Re: Safety in general
Post by: mithrim on April 19, 2018, 08:14:24 PM
If you participate in Airdrops/Bounties, create separate wallets for that. For one it'll save you from crappy tokens on your main/important account and it also keeps your important accounts "private" as best as possible.


Title: Re: Safety in general
Post by: darkangel11 on April 19, 2018, 09:50:31 PM
Don't worry too much. I've been holding and trading cryptocurrencies for years and never had anything stolen from me. Most of the people you hear about lose because the exchange gets hacked or they are using public wifi networks, or library computers, or they download software from unknown sources, usually to invest in some new coins and get their machines infected.

All the rules that people will give you are important to follow. Here's some tips:
1. don't keep money on exchanges and choose well known ones to trade.
2. don't expose your computer to viruses, if possible have a dedicated machine for cryptocurrencies.
3. don't allow anybody to use the device you're using to trade and don't check your balances or install wallets on other people's computers
4. verify files before installing. That includes all the wallets
5. use 2fa if available and long passwords


Title: Re: Safety in general
Post by: elda34b on April 19, 2018, 10:03:10 PM
If I understand correctly, what you mean by safety in this case in when you wanted to trade/sell your coins on an exchange. I would like to point out that you should select the exchange you wanted to choose carefully. Even if you applied 2fa and others tips from those users above me, but you use a crappy exchange, there's still a risk of losing your money.


Title: Re: Safety in general
Post by: boyptc on April 19, 2018, 10:04:34 PM
Your password is your password, not your moms, your brothers, your girlfriends, its yours. Keep it from yourself the same goes with private keys or any wallet information.

When you received an email that wants you to click a link, make sure that it's from the legit source. This is one way of getting your information by the email sender.

  • ..(you can use sites like https://passwordsgenerator.net/ to get strong password)
This is totally unique.


Title: Re: Safety in general
Post by: Corsicoin on April 20, 2018, 08:41:03 AM
You can share your password with anyone once you enabled 2FA.
I rely more on this that password quality.
I mean with 2FA you can finally have your petname as a password! I love that !