Bitcoin Forum

There are now over 1,500 different types of cryptocurrencies, 22 million wallets for storing them, and thousands of exchanges to trade them on. This rise in numbers over a short period since Bitcoin introduction in 2008  (https://dex.openledger.io/10-most-important-events-in-the-history-of-cryptocurrency/)turned a multitude of crypto users and traders into millionaires in the process. And although the lucrative investment has increased the pocket size of many, it also brought in those who want to take advantage of it.

Within the first nine months of 2018 alone, cryptocurrency theft (https://dex.openledger.io/news/2018-scored-1-billion-dollars-in-crypto-thefts/) has led to the loss of nearly a billion dollars, a 250 percent rise from a previous year. Whether it is through the hacking of exchanges, such as the $500 million Coincheck hack (http://fortune.com/2018/01/31/coincheck-hack-how/), or the theft of a few dollars from a wallet, cryptocurrency thieves are finding new means of taking your cryptocurrencies. Phishing, brute forcing and phone-porting are just a few of the methods used by crypto thieves to steal your cryptoassets, but there are ways to prevent them.


Phishing
Phishing has been around for quite some time, and it is no longer only utilized by princes of foreign lands requiring your credit card information. The technique has been expanded for cryptocurrency theft, too. Hackers send emails to various cryptocurrency owners, and when opened, infect computers with malicious malware, at times even holding a victim’s computer hostage until a cryptocurrency ransom is paid. 

Brute forcing
Brute forcing relies on hacking programs, often purchased through the dark web, which use a trial and error approach to gain users’ passwords. If the program doesn’t pick up your password on the fifth try maybe it’ll get it on a try five thousand. All that matters is that once the program achieves what it was built for, you can say goodbye to your cryptocurrencies.

Phone-porting
Phone-porting occurs when a hacker uses a victim’s telephone number to take over his/her mobile account. Then hacker accesses the victim’s exchange account by resetting the password with the telephone number and then steals cryptocurrency from the account.

Get a trusted offline wallet. Problem solved. Only pull out the amount you need.

use a personal wallet and the problem is solved. hacking usually attacks the exchange because of that. don't hold coins in wallet exchange because it's very risky. if we examine there will be no problems, so always be vigilant.

I think it best to keep all one digital assets in a hardware wallet best know to you or offline wallet. Because keeping one asset in exchange wallet is dangerous as exchanges are been hacked pretty much this time.

The best way to keep your digital assets safe and secure is through putting in trusted wallet. I usually keep my digital assets in a hardware wallet where I know it is totally safe where no can hack or stealth it. Do not tell to anyone where you keep your digital assets.

The article itself is pretty basic IMO, just lists common knowledge like installing a virus scanner etc.
Not all too interesting for most people...

The thing is that people who are most likely going to be affected by scams and malware, are exactly the type of people who don't read articles like these.

Those people would probably be served best by just using a hardware wallet for everything.

And that is hardware wallet like ledger nano s or trezor.

Yes, they are likely to be hacked and don't listen if there are prominent people that tells you that it's okay to store your funds in exchanges. They just want you to deliver such amounts and volume to their exchange. Keep your funds on a safer place that we mentioned and don't provide your private keys to a stranger.

keep it on personal wallet like hardware or web wallet, as long it's not on exchange site our digital asset got minimum chance to get hacked.
and also open email from different pc that used for trading.

One of the best advices in the article is the Education and Diligence. I think this is the most important advice that cryptoenthusiasts can do. Any advice here is very useful only if each investor would be very diligent and keep on educating himself. Get informed every time.

And always to make sure our wallet never connect to the internet. The hacker can do nothing with the wallet that not connected to the internet. As far as i know, even the paper wallet is much better compared to the hardware wallet. Offline wallet always becomes the best choice.

With the great development of technology comes also bad elements who want to gain an easy but illegal way. Whether you choose a hardware, software or paper wallet to manage your passwords and private keys, you should do an extra step to ensure that assets are safe, like:
* Encrypting your wallet with a strong password
* Making regular backups and storing them in multiple locations
* Using multisignature security, and
* Generating, writing down and hiding your wallet's mnemonic seed or private keys

This all comes from the underdevelopment of technology. No matter how much time developers spend to protect customers, fraudsters find vulnerabilities. There are many vulnerable zones on the Internet. Which leads to the rage of your coins. Each of us is able to defend himself, but this does not guarantee you complete security.

But do not be disappointed. Since in the real world fraudsters are even bigger and they steal billions annually.

Well, basic knowledge of why you should never share your private key or mnemonic should be enough for most.
Either print a paper wallet on a PC with no internet and hide the paper wallet, or if you intend to spend - wait for Galaxy s10 with integrated hardware wallet. If the s10 rumors are false - buy a hardware wallet, I own one Ledger, and I've prepaid a Universa HODL wallet, too.

Well, keeping digital assets safe is a major problem for crypto investors, many people have lost their assets due to theft and other types of frauds, so it is very imperative to keep it safe. If i can manage some funds then i would buy a hardware wallet, i believe it is the best way to secure one's digital assets.

I'm sure that the best ways to protect our crypto assets is hardware wallet, even if computer already infected by virus, our crypto assets in hardware wallet remain safe, however people can't use leak password anymore, strongest password with 2FA to protect our exchange account.

Well, first you do not need to keep passwords on your computer,and many deposits are saved, plus be sure to check the sites that you go to, so that the connection is connected,and do not open Spam links that lead to certain deceptive resources,and thus you will be robbed

I think it is simpler to buy a cold wallet and to forget about such problems. I know it costs some money, but if you are holding a lot of crypto, it is definitely worth it to have a ledger wallet to be sure that your crypto is safe.

Buy hardware wallet then you are fine, you don't have to worry about your asset being stolen it will be safe even if you misplace it you can recover your asset in as much you still have your seed with you.

I agree with you, because it is very important to store assets carefully, but I only suggest that you have someone who can be trusted to find out your asset key, like family or wife if you are married, because we don't know what will happen to us in the future, and that's just keeping the assets you have will not be in vain. just ignore my advice if you think it doesn't make sense.

Using cold wallet such as Multibit.hd and electrum is good for bitcoin while on altcoins Hardware wallet, MEW(myetherwallet), trezor and Nano are the best for this matter buddy. with all of these all coins that you like to hold in a long term was certainly safe in here.

I can't disagree with the necessity of hardware wallets, but even if you have some you need to follow cyber security rules such as antivirus protection and avoiding of different malicious software and sites, don't agree for any changes that site/software tries to implement. Always use bookmarks in browser.

so far, as I know, there are no crypto hackers using this brute force technique, on average they often use phishing sites or malware, such as the incident that happened with last year's myetherwallet website, and brute force is a technique that wastes time

Of the entire list that the author listed - the last point is of the most interest - the danger that lies in wait for us if the attacker tries to clone our sim card. In my opinion, this is the most dangerous situation when a person can lose access to all his money due to the fact that someone could clone his original SIM card and thus gain access to his assets.

the only way to keep the digital assets safe is to keep in hardware wallets by securing private keys it is nt safe to keep funds in exchangers

dont you ever click on things that you arent sure or no knowledge about that particular link, it might be a phising sites or a virus. Always bookmark those sites that you ee using so that it will prevent you from being hacked by someone or a theft. Also dont you ever give out you private key to someone, just keep in you.

Safety should be in advanced level for freelancers,traders,developers and more professions. There are various tools for storing safely digital assets but technology industry grows everyday so we need to adopt to this changes. Hardware wallets like trezor,ledger can be solution for this mentioned problems in thread. I never share my private key with anyone because one of both party who knows pk  can spend bitcoins without hassle.

sometimes saving our assets to the wallet is also not safe because the current situation makes so many people nervous, even though they have listened to the wallet. so we need to secure our wallets well, don't let anyone know.

And then paper wallet should become the best answer for this case. even the hardware wallet can't make your amount will be 100% safe from the hackers. last week I see someone has posted he is loosing about a lot of ethereum while he was keeping it in the nano ledger wallet.

today it has become a real problem № 1, and I think many fell into the hands of these scammers, today there are many devices and media on which you can safely store coins, if you do not have money for them then you can write all the data to log on to a regular sheet of paper, this is the safest way

this is a crypto era, where almost most people have used it either as an asset or as a means to transact but as we know that whatever is related to assets or money there will always be theft or fraud that people do to get it, it's like conventional money, which if we calculate the amount of loss is too much whether it is stolen or corruption, so in my opinion it is natural that hacking often occurs and is detrimental, because basically humans are always greedy

When we know how hackers can steal our assets, so we also find how to prevent it. Actually on the article that you enclose the link above, has explained how to prevent it.
(1.) We need to install an antivirus software that support to secure malware or other attacks to our computer.
(2.) Set multi-factor authentication. This will be complex security, we need to input multiple passwords to access our assets.
(3.) Be smarter to know and analyze suspicious emails. You don't easily give your personal data. Remember if personal data is very sensitive information.
(4.) Do data Encryption to ensure the more safety.  

If we read the article, we got the information to make our digital assets more secure. I think it is a good advise..

From your explanation above, of course it is all very useful to protect our assets from hacker attacks and phishing links that can make our assets disappear. I have done all the statements above to safeguard my assets. Then from that information from you is certainly very good and useful for everyone.

For me personally, I always tried to keep my wallet and private key that hold my assets safe. Also i always double check on the sites that i am using to access my assets, making sure its the real place before i enter any private information about my assets.

Activating the F2a feature is a necessity that we must choose. The F2a feature can provide very good security for the accounts that we have.
Security issues are a risky thing, therefore the security of an exchange must be a major factor that must be considered.

Even though there are many ways you can provide security for your digital wallet, there will usually be hackers who will be smarter to steal digital assets not from your own wallet but will attack directly to the place of exchange as it did some time ago. the exchange is hit by a hacker attack and all of the assets are lost stolen, so to be safer put double security for your wallet and keep the assets always in your own wallet not in the exchange because it's too risky.

2FA increases the security of our wallets and I do agree with this.

Besides having hardware wallets this should be taken into consideration.

Don't ever tell someone that you are into crypto's, there were incidents before of robbery probably because those bad guys knew it that the owner has a lot of money since he's into crypto's.

1. Use 2fa for all exchanges you trade. Trade on trusted exchanges.
2. Always cross check the website name where you are entering your login details or private key
3. Use Metamask for MEW, avoid entering private key
4. Do not click on suspicious links received in emails/tg.
5. Write 2fa codes on paper and store it properly

If you are investing your purpose and you are doing HODL the safest way is paper wallet. Create your wallet, send your investment in that wallet and forget about it.

But if you are going to trade then things change. In that case, we have to be careful all the time.

Offline wallet is just the bestadding 2fa to all your crypto related accounts never entering your private key anywhere helps stay safe.

I believe that having a separate computer with wallets that connects to the network only to complete a transaction. This is enough to avoid becoming a victim of hackers.

To avoid hacking on our wallet, we should secure our private key and not share it to anyone we dont trust. Its better not keeping our coin or token in exchanger wallet because hackers always looking on exchanger and stealing their coin. Beside, we should always check web certificate when we visiting website

If you make your paper wallet on a machine with disconnected internet, then you are OK against all of the described methods.

The most secure method is:

1. Download offline https://walletgenerator.net
2. Copy it to a machine without internet
3. Create a virtual machine on the disconnected computer.
4. Use the offline copy of https://walletgenerator.net to generate the wallets you want.

Using a virtual machine over the disconnected computer is not a 'over too much' security measure, because your machine could have a logger and the logger will send all your data at the moment you turn on the internet again. For example, I have one old laptop which I never connect online.

Phishing became one of the many ways that most often get victims. many are easily tempted by the promise of sweet of a project and end up stuck on a Phishing site. Maybe this is done also viewed from the weakness of the actuator crypto that doesn't deepen very seriously what they are working on.

Indeed, this hacker's actions tarnished the world of cryptocurrency, with his expertise, these hackers robbed investors, traders in the ways they had, and this made the image of the world of cryptocurrency worse in the eyes of anthusiast crypto, they would be afraid of having their digital assets in

You can keep your digital asset safe by using offline or hardward wallet and make your asset will be safety than you hold or keep at your exchange market or your wallet, its the best solution how to keep your asset will be safety for long time.

I only think about hardware wallet to make sure my digital assets safe because only me that will have access to my assets. That is what I will do if I want to hold for a very long time and not thinking about the price. But if I want to go to trade, then I will leave some of my assets in the exchange, make a profit, convert it into fiat, or send it to the hardware wallet to increase the balance. It depends on what purposes we want to do with our asset, and every purpose has a different method to save the digital assets.

There are two simple rules, first of all you should use the diversification to split your assets among multiple exchanges and wallets and secondly I would simply get a ledger wallet to be sure that my crypto is always safe.

Brute forcing the private keys is not possible in the real life because estimated time to find the possible code of private key with the fastest computer on the earth is more than 100 years so you no need to worry about when you have the private keys only for yourself.Simply we need to have a wallet where the private key is in our hand to store the crypto currencies in safe place.

Everyone here talks about the upmost incredible safest non breakable oh wow look at that huge safe with iron cast and etc etc etc funny stuff. You don't need like cartoonish safe and secure way to keep your coins safe. Just putting on blockchain.com wallet would be more than enough to be honest with you if it is only bitcoin you are looking for (they added couple more other coins) and if you want further security just get something like trezor or ledger nano or whatever and they will keep it safe for you.

You don't need to go beyond the required for it since only a hardware wallet makes your coins not worth stealing tbh. The amount of time and effort and power required to hack a hardware wallet and get the money in there is waaaay too much and you need to have 100+ btc worth stuff in there to make it worth the try.

Keep passwords and keys in a safe place where there will be no access to the Internet, that is, on some removable drive. Use a hardware wallet. These are the best ways to protect yourself.

Our digital assets is so be secure that's why I am hiding all my password to anyone. This means that we should be alert or be informative when making decision. You should hide all information that you can only the person can see.

But in terms of phishing and other type of scamming that have been done by other people online? what can you do about it?

Well, that's actually difficult to predict if some websites are legit or planning to take your money. But somehow you can recognize it by some actions they take. Showing their eagerness to deposit your money and they will take it. I know a friend being scammed in a gambling site. He was supposed to play poker but then the website he dived in I think is not legit. He played there but when he got his winnings, he couldn't withdraw it. And since then, he don't try to play in any site for gambling instead, he is taking information first if it is legit (https://to.crwd.cr/cm).

Exactly. Be very wary about giving out any information even if it seems a site is legitimate. Phishing can be countered by always thinking critically. And i think it's already a given to take care of your passwords and private keys and to have a hard wallet for maximum security.

The best way to keep all of our assets safe is offline alternatives such as paper wallets, cold wallets. Although some of the online wallet services are safe, unfortunately we cannot always be safe in digital media. Especially in today's various types of theft and virus types, we need to think about how important to use offline options such as hardware wallet can understand how important. On the other hand, I also noticed that the content of the article was produced for the purpose of advertising, and I would like to say that I did not visit your website and read the entire article because the article you posted shared the advertising content. I'm not thinking about reading.

Well, firstly it is necessary to secure your computer the antivirus plus does not store on the computer without any passwords and keys from purses,try not zahodil to those sites where the connection is not protected,and all passwords need a way to keep the cold wallet on a flash drive and so on,so it will be more safety

now it is indeed very terrible and risks storing assets in exchange, even though the exchange is good does not mean we feel safe because everything can happen. if you use hardware like Ledger Nano it is very good and the risk is if you forget your password or lose the wallet it falls etc. it seems that all are not safe or have risks and certainly safe ones also have a small risk

I always save it to my personal wallet. every time I buy, I will send it. never once detained him in exchange. this will make my assets safer.

I personnally use a Ledger Nano S to keep my assets. I think it can be trusted and an important investment.

Well, once I am done trading on exchanges, I always send my coins to the personal blockchain I am running so that I can be sure it is safe with me since no one will have access to that blockchain apart from me. I do this by making sure I run the full node of the blockchain I want to hold the coin.

Leaving coins on exchange is not advisable due to the experience we have had in the past were we heard of exchange being hacked and a lot of funds stolen. I even prefer to leave all of my coin in an hardware wallet than leaving it in an exchange or centralized wallet.

I made sure to safeguard my token by not saving all in one wallet, used 2fa and also offline wallet. I needed these safety measures cos I was once a victim of scam

when you use ledger nano s to save the assets you have maybe it can be a good solution but if people don't have nano S ledger they will still be confused to find the safest place, because not everyone is able to buy ledger nano S.

We should know about Every hacking procedure to avoid the big loses from it. Personally, Phone hacking is the most dangerous seems to me! I have a brother who was a victim of it and lost his all assets within a day and the hacking amount was 8K USD! After that I suggested him to buy a ledger Nano! Actually, without cold storage, no one is safe enough in the crypto industry! People should buy hardware first of all!

I received two threats years ago it's about ransom where they will be posted all my information and the porn sites I've visited my companies for all my employers to see, these idiots were all wrong I never watch porn and I do not own a company and I don't have employees, looks like they sent it to a wrong guy.

A good digital wallet is enough for storing our investment more safer than we expected but the choice of choosing the wallet is more important for anyone to take long time to decide which will be safe for each and everyone if you do that properly then the next procedure is very simple to save your investment for long time without any disturbance.

The first thing you need to do if you want to get involved in Cryptocurrency, is how to safeguard yourself and your coins from hacking, you cannot go on accumulating a lot of coins or increasing your portfolio if you do not know the basic of safeguarding your assets.

We have allot of sites and allot of posts related to it I think it is good to post before investing about the specific site here many will give you suggestions, I have heard about an app that gives information about scamming fishing project if we will use it I think it is beneficial but try to use the genuine not fake one, it is very important to be careful in this regard.

I think, to secure the assets we have many means to we can secure your assets. from wallet to wallet key private all I can say is safe. most importantly avoid to put our money in Exchange, it will maintain the security of our money.

Security is indeed very important for everyone. If you have many assets, of course security for you is very important. Because in cryptocurrency there is no responsibility other than ourselves who guard it. What often happens hacking is that we don't add security to our assets and that should also be avoided is suspicious links. Because this is very dangerous.

I would install an anti virus software and buy myself a ledger nano S wallet for long term coins. For daily transactions and regular tokens I am using Myetherwallet and several trusted exchanges to keep my assets there.

When I was new to the cryptocurrency world, I thought that hackers had no interest in my assets, since they were up to 1 thousand dollars. But I was wrong and was punished. Now I am constantly elevate my safety literacy. I consider safety this business personally each, no one will do it for you. And we must constantly improve our level of knowledge in the field of security, as hackers are constantly inventing new types of clever tricks.

Talk about what needs to be analyzed now and so on. But now, in fact, even when analyzing a situation, it seems to me one can make a very big mistake and many people do. Therefore, I think that now just need luck.