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Author Topic: How can I protect my self from being hack of bitcoin  (Read 4394 times)
BlackPanda
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November 19, 2017, 04:14:20 AM
 #21

Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet  and also before that another 20 btc was vanish
he says he dont even know how this happen.

pls how can I escape this.
If you have a lot of bitcoin then I suggest to store it in offline wallet, you can do various protection and one of the best is to save the private key. I think that's the best way right now, than you do cloud storage then it's much more risky. because by storing in the wallet offline then not many people who can easily access your wallet. But if you are a mobile person and always do various bitcoin transactions in mobility then offline wallet is not an option. Offline Wallet is an option for those who want to keep Bitcoin safely and not use it often, usually with long-term investment goals. you can try Electrum because electrum has a private key feature that makes it more secure. oh yes do not ever give your personal information to anyone !!!
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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watchurstep45
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November 19, 2017, 04:51:54 AM
 #22

just secure your bitcoin wallet acounts sir and always secure your email address that is connected to your bitcoin wallet. avoid clicking fake bitcoin wallet sites .be smart when clicking links
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November 19, 2017, 08:56:54 AM
 #23

This may prevent if you can implement your own safety measures for example creating a second account or address then this will become your address for all of your transaction by sending the funds to your second account and transfer it to the receiver of the actual bitcoin. this may take time and extra fees but it is more safer than direct transaction. Second is do not connect to a public network if you are making transaction.
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November 19, 2017, 09:01:29 AM
 #24

First you need to keep the private key of your wallet well,Then you can't just randomly click on someone else's network connection,it might include a Trojan horse.

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ongels
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November 19, 2017, 09:24:31 AM
 #25

Do not entertain strangers in the forum nor giving private keys, Never visit sites whom always indulging for rewards, it will just asking brief  information about you and your personal data. Store your bitcoins in offline storage.
DrGuns4Hands
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November 19, 2017, 09:27:28 AM
 #26

There is one and easiest way to protect your bitcoin from harm. It is by Cold Storage. You must have private keys where you are very safe in any software. Trust no one. Check very deep of someone's you going with to. And last, be responsible in each step that you will take.
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November 19, 2017, 09:51:21 AM
 #27

To protect your self-being hack of bitcoin, first, you need to sure to only deal with a reputable bitcoin company. Second, you must learn how to identify bitcoin scams. And the most important is you must secure email accounts, social media accounts, and all online accounts.
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November 19, 2017, 10:03:44 AM
 #28

Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet  and also before that another 20 btc was vanish
he says he dont even know how this happen.

pls how can I escape this.

Having a hardware wallet will keep your coin safe, have you heard Ledger Nano S? You need to invest some money for it but if you will place a big amount of bitcoin then its worth buying. On the other hand if you are about to place it on an exchange be sure to use 2FA. There are some of incidents same as this even my friend having a $5000 dollar worth of bitcoin got vanish, but it can be avoided just don't dare to trust to any online wallet it is the best way to secure your bitcoin.



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sumangs
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November 19, 2017, 10:05:22 AM
 #29

Try to invest in some hardware wallets for better safety. If you can not afford then try cleaning your mobile, PC, or laptop to secure your wallet to hackers that attempts to steal your bitcoins.
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November 19, 2017, 10:28:50 AM
 #30

First setup unique email id for that account, before opening of new account on coinbase or other exchanges. Then set really hard and long password for it. These are basic needs for secure account.
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November 19, 2017, 10:38:23 AM
 #31

However hard you keep your bitcoin in a much secure manner, hack happens if you were Unlucky. You could go through our forum and understand the reality of getting hacked. The same thing happened from one of the trusted trading platform with me, where I got hacked though I've enabled most of the security features.

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Nefarious
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November 19, 2017, 10:47:04 AM
 #32

Best advice I can give you is to get yourself a hardware wallet. I have the Ledger Nano s & highly recommend it. Aside from using a hardwallet, just take basic security measures like ensuring you have a good antivirus, beward of scam / phishing sites, never share your private key with anyone, use 2FA wherever you can, don't use same password for all your accounts etc.
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November 19, 2017, 10:50:30 AM
 #33

You can protect yourself from being hack in bitcoin by securing your account details and make sure you are the only one know your password and always log out your account after using.
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November 19, 2017, 11:01:56 AM
 #34

The point is just try to use a wallet that is really very reliable and has really proven many people who said that the wallet's site is completely safe and far away from the possibility to be hacked. I think even though the password is strong, or the security code is strong, it's still vulnerable to be hacked if the purse site used is really less secure.

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November 19, 2017, 11:09:00 AM
 #35

Secure your account, avoid fake bitcoin sites, keep your private key secure...

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November 19, 2017, 11:12:39 AM
 #36

The best way I know is to keep your funds offline and disconnected from the internet or any kind of network and electronic device (such as a camera).  If you are keeping your funds on web wallet or on the exchange then there is a risk associated with it even if you are using every possible security option. You can keep your account secure but you can't be 100% sure about the security of the database on the server side so it is not recommended keeping more than 10% of your funds online. You can use hardware wallet or even securely generated paper wallet to store your funds offline.
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November 19, 2017, 02:25:07 PM
 #37

Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet  and also before that another 20 btc was vanish
he says he dont even know how this happen.

pls how can I escape this.

At this point when you have more than two bitcoin in a wallet, the safest place to store it is in a cold storage wallet, when you are not ready to sell it or go into trading with it.
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November 19, 2017, 02:38:33 PM
 #38

Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet  and also before that another 20 btc was vanish
he says he dont even know how this happen.

pls how can I escape this.

Never be a victim of any tricks used by hackers. Example of this is social engineering where they tend to make you friend with them and got to make you trust them to the extent that you will gave them information regarding your account without even thinking twice. Phishing is also one culprit if you seems to be too careless on the site you're in because looks can always be deceiving. So always be vigilant and trust no one.

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November 19, 2017, 02:42:00 PM
 #39

Use 2rf codes. It is designed to send you numerous number of codes that can be used before accessing your account. In that way your account can only be accessed by you.
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November 19, 2017, 02:58:06 PM
 #40

Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet  and also before that another 20 btc was vanish
he says he dont even know how this happen.

pls how can I escape this.

Offline wallet is the best wallet to use while saving a big amount of money. If you are a long term investor and don't transfer your bitcoins very frequently, then go for an offline wallet like Electrum. Cold storage like Trezor or Ledger Nano S is even better and very safe. But these are not available freely so you will have to buy such wallets.

Also don't click on any outside link sent by anyone. Check the URL twice before you enter your login details for any online wallet. Last but not the least, use a good internet security software in your pc/laptop. Not a fake copy, instead buy one and use original.

   
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