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Author Topic: Should I Be Scared Of Hackers If I Have Lot of BTC.  (Read 4107 times)
dhka
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January 11, 2018, 03:09:45 AM
 #261

You should, we all do
With huge amount of btc, first thing to do is having your own hardware wallet. After that, I am thinking splitting my asset to several wallets, depends how bigh my portfolio is
I just cant risk all my money in one place

The_prodigy
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January 11, 2018, 03:12:18 AM
 #262

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?

you shoUld be scared of hackers even if you have a few bitcoins or even just a litlle cryptocurrencies. THE point is that they ate doing everything they can to steal and rob and it doesnt matter if its big or few. it matters that they can get their hands on them
11:11pas
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January 11, 2018, 03:19:54 AM
 #263

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Holding" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?
You should do is make better safeguards. For example, always updating antivirus and always keep the Private key you got.

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gigatux
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January 11, 2018, 03:26:00 AM
 #264

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?


There is nothing that you can do if your Bitcoin wallet has been hacked. But in order to prevent it from hackers hacking your account, I strongly suggest that you need to have an updated Antivirus on your computer, secure the Home Network especially if you're using WIFI, don't open a suspicious email, if you are on a hotel, airport or in the coffeehouse, always use VPN and avoid website that is not secure.
btcgolong
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January 11, 2018, 03:27:47 AM
 #265

The only way for you to lost your BTC is by phishing scams or the hackers stole your private key.

What kind of wallet do you use?
Web-based wallets are tend to be insecure due to how the private keys are stored on the cloud.

I'd suggest to get desktop wallet as you have more controls of your private key, just make sure your PC are clean from malware and junks.

If you're really serious about security you can get hardware based wallet like Trezor or paper wallet, that should be enough.

^ Great advice...and don't forget or lose your password(s).
JesVarez
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January 11, 2018, 03:38:17 AM
 #266

I would suggest for you to buy a physical wallet, one of those USB ones to be safe. If not, you can have multiple wallets dividing some of the BTC you have on them, it will cost some fees to send them but its better to be safe than sorry. Also, make sure you have enabled the two-factor authentication. On my iPhone I have it set so only using my finger print the wallet can release funds to other addresses.
vv181
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January 11, 2018, 03:50:43 AM
 #267

I would suggest for you to buy a physical wallet, one of those USB ones to be safe. If not, you can have multiple wallets dividing some of the BTC you have on them, it will cost some fees to send them but its better to be safe than sorry. Also, make sure you have enabled the two-factor authentication. On my iPhone I have it set so only using my finger print the wallet can release funds to other addresses.
The hardware wallet is the safest choice to store a tremendous amount of Bitcoin because it doesn't directly connect to the internet which is open a possibility of getting hacked, like the recent Electrum wallet vulnerability. It's essential to store it in an offline wallet and handle it with extra caution. Because of the technology of the crypto extremely secure, the money can be refunded if it getting hacked.
SakinaPrincess
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January 11, 2018, 03:57:41 AM
 #268

Thats why I use hardware wallets, they are super secure when it comes to bitcoin. Use hardware wallets to save your bitcoins and ethers.

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yonjitsu
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January 11, 2018, 05:36:51 AM
 #269

You should be even if you already just have a little less amount of bitcoin or other digital currencies in your wallet. Keeping it safe at all time is always necessary because a single mistake can cause you your goodies.

tonyja2017
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January 11, 2018, 05:48:24 AM
 #270

Ideally you should not keep too much bitcoin. The first reason is the price of bitcoin is very erratic, do not know whether it will increase sharply or sharply in the future. So when you feel profitable from investing, sell them immediately and retain a bitcoin. The second reason is that if you do not know how to get the best security for your bitcoin, hackers will take advantage of that to steal your bitcoin. You better buy cool credit cards.

barabut
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January 11, 2018, 05:54:56 AM
 #271

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?
According to Bryce Boland, Chief Technology Officer of FireEye, the chief of the cyber security agency, Bitcoin's value of about $ 20,000 per medallion and the value of the cryptocracy ecosystem exceeds $ 600 billion. That is why cybercriminals (Hackers) are increasingly targeting the Bitcoin users and cryptocracy exchange, especially in the Asia Pacific region. Safety warning to Bitcoin users needs to be serious.
harbin55
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January 20, 2018, 06:51:28 AM
 #272

Maybe you should be scared in many hackers that's why if you have a lot of bitcoin is requested that you can have an offline bitcoin wallet for you to be secured or make a two factor air for your wallet to be secured from any hacker because if you have a lot of bitcoin the hacker is Greedy for your wallet to get hacked and steel the bitcoin in your wallet and enjoy it without any hard work.
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January 23, 2018, 07:21:00 PM
 #273

Just a reminder, be careful with your password. Don't give it to anyone. And no, you don't have to be scared since bitcoin wallets are provided with security codes giving you the best security of your investment.
Laurayaki
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January 23, 2018, 07:22:27 PM
 #274

There are many ways to protect his fortune, but like anything worth a lot of money, there will always be smart guys to divert all the security system to seize it.
WhaleHunter
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January 27, 2018, 02:06:38 AM
 #275

If you don't have just "dust" of Bitcoins, I really recommend you to get yourself a hardware wallet, like Trezor or Nano Ledger S. It doesn't matter how much you pay attention, you could always make a mistake, and a virus or a trojan or whatever could steal your Bitcoins. With a hardware wallet you are protected against this risk. Otherwise do yourself a cold storage wallet. You will find information online on how to do that.

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jerry0
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January 27, 2018, 04:40:21 AM
 #276

what if you own other altcoins that doesn't work on the nano ledger s?  Wouldnt it make more sense to buy a new computer solely for storing btc and every other altcoin etc?
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January 27, 2018, 04:45:45 AM
 #277

I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.

What should I do If My wallet or BTC gets hacked?


Don't tell anyone your private key and don't click on suspicious links on your pc and you'll be fine.
mistletoe
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January 27, 2018, 04:48:25 AM
 #278

Of course you will have to worry about your bitcoins especially if its a lot. I myself got hackd this week. I didn't add 2fa to my account because I am confident that it won't get hacked since I barely open it or anything. I think i opened it like 3 times since I created that account. I just use my main account and send my bitcoins there to save it. And then one day, bam! My balance is lost. If i had 2fa enabled that would've been prevented.

I learned it the hard way. Always be careful and dont be confident.

jerry0
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January 27, 2018, 05:11:02 AM
 #279

mistletoe, what bitcoin wallet did you use or was it an exchange?
jerry0
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February 01, 2018, 05:01:46 PM
 #280

Hey all got a question.  If you don't have a nano ledger s and store bitcoin in a desktop wallet like say electrum or armory, do you have to make precautions like if you are buying a wireless mouse or usb or external hard drive to make sure you buy from a legit site like amazon as oppose to say ebay or 3rd party from amazon?  Because the wireless mouse or usb/external hard drive could possibly be refurbished or used etc and connecting it to your computer could possibly give a virus?  Or its advertised as new and been used?  I read online that a mouse is too small to up a virus but if its a wireless mouse, that would be different because of signals? 


But a usb or external hard drive certainly could have a virus?  Curious about a wireless mouse.


I had not thought about this until now. 
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