With Hackers everywhere, How safe is Cryptocurrency?

[mitchr4]

Somebody will not get hacked if people holding private keys of his wallet in safe place and not spread it to anyone. Many people who get hacked because of careless do not keep their private key in a safe place. And also mostly person affected by the hack because it stores multiple assets in various exchange and phishing site.

[1battermainsheet3]

Everything has hacker access like websites, bank accounts, etc. So not only bitcoins all the areas are vulnerable to hacker invasion

[Bitcoinjheta]

Everything has hacker access like websites, bank accounts, etc. So not only bitcoins all the areas are vulnerable to hacker invasion

Hackers are everywhere coz they enjoyed making money out of nowhere not thinking of somebody else'hardwork. Anyhow it's a phenomenal disease and all we have to do is secure our account and keep it private. As much as possible scatter your coins to different to avoid one time loss.

[ipanks]

I think cryptocurrency is still safe for every people and it's more secure if we can save our private keys and our wallet from the attacker and you can find many ways about how to secure our wallet. and if you still afraid of the attacker, I think you can move your coin to your personal wallet so only you that could control and only you that can watch your coins. but there is no 100% guarantee for us to keep our wallet or our coin safe in all day long but we could prevent the attackers.

[surgical_duude]

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

As technology grows and hackers grow, I do not think there are as many people in the Crypto market as it was before, but now there is a new storage software and security. The secret is more advanced than Blockchain, software created to replace Blockchain for crashes.

[Bowly88]

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

Hackers are everywhere especially in the internet because computers are prone into hacking theybare easily been hacked by the experts but luckily the bitcoins and the other cryptocurrency platforms that are storing the bunch of peoples wallets are not that hackable yet but we all know that the hackers will never stop doing it because it is a huge money but lets just be secured at all time and always change our passwords for every week if necessary or just for every month.

[hagiyatmaz]

Hacking and phishing attacks are among the biggest security threats to your cryptocurrencies, so you must set strong passwords for your wallets and all accounts that deal with cryptocurrencies.Keep these tips in mind when setting up or using your cryptocurrency accounts:
Use different passwords for every account you use to limit any damage that can be done by hackers.
Use a unique email when opening accounts on each exchange and only use that email address for that specific exchange.
Enable two-factor authentication for your exchange accounts. This adds a software to your smartphone which adds extra security to your account. Without two-factor authentication, a hacker only needs your username and password to empty your balance.

[iram1011]

Every single device in this world is prone to hacking. If something as reputable as CBI's website and Playstation's network can be hacked, then almost everything can be broken into. It all boils down to an individual's awareness and decision making ability. If a person installs third party phishing softwares, then he is obviously more prone to scams. Also, it is advisable to keep your secure data like private keys on a device which you won't access on regular basis, like an old laptop or an old flash drive for example. Since you won't be using internet on those devices, your data will obviously stay secure.
Also, you should ensure that you do not click on any third party links, no matter how trusted it looks. Only open emails from your trusted contacts and avoid installing third party softwares.

[valintino7]

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. This is a huge loss. After I read that news, I began to wonder. How safe are Bitcoin and Other altcoins? What measures should we take to avoid being hacked?

I think Cryptocurrency security depends only on each person who uses it. It is only guarded by their respective owners. Maybe if I personally that will keep my private key with the secret, not carelessly login, and always back up my important data. I just do the simple thing, the most important thing from ourselves we keep what kind.

[THEsnowdonmelody7]

Dont know about it sorry because i always use hardware or paper wallet

[maimainguyen05]

To stop hackers stealing cryptos, you need to increase your knowledge of cryptos security. The simplest thing is to store cryptos on your hardware wallets instead of on MEW or exchange floors. You should also pay attention to setting a two-step password and turning on phone confirmation if logging in other places. Carefully in typing the private key on websites because there are more phishing and fake web recently, this can steal your private key!

[yanlap]

Every single device in this world is prone to hacking. If something as reputable as CBI's website and Playstation's network can be hacked, then almost everything can be broken into. It all boils down to an individual's awareness and decision making ability. If a person installs third party phishing softwares, then he is obviously more prone to scams. Also, it is advisable to keep your secure data like private keys on a device which you won't access on regular basis, like an old laptop or an old flash drive for example. Since you won't be using internet on those devices, your data will obviously stay secure.
Also, you should ensure that you do not click on any third party links, no matter how trusted it looks. Only open emails from your trusted contacts and avoid installing third party softwares.

That is true. No system on the face of earth is hundred percent safe. There is always a loop hole that hackers can use to break into the system but that does not mean cyber world is not secure but physical world is more secure. Threat is everywhere and precautions are also there in order to mitigate such stuff. Actually the robbers of the real world can even take the life of victim but hackers don’t. Moreover, bitcoin is not that insecure.

[Dragon5]

As everything connected to a network is vulnerable, we really gave this hacker problems all the time. As it happens with burglars in our real life, we have to deal with digital crimes as well. I see no immediate solution for this problem. Only individual awareness and decision making.

[bosede1]

One measure I know one have to take is been extra careful in any investment and tradings one want to involve in. And also to avoid going to some fishy site that are not safe. And also for wallet, reading through many bounty you will see a lot of people saying please changed my wallet I have been hacked and all sort this all calls for being careful.

[eaLiTy]

There are exchange hacks and that is the worst thing as you cannot trust any exchange with your coins and for individuals Phishing sites is the major way that their accounts are hacked and beware using public WiFi too while using your private key as there is a possibility to be hacked ,the safest way is to keep your private keys safe and not to use them in public places or network and keep your system secured with a good antivirus software.

[Semosuchi Tesongrato]

There are hackers like there are thieves, and you are never completely sure.
But usually, by taking the necessary security measures, thieves and hackers will probably look for an easier target.

[Llyrmyst]

Hackers everywhere and hacking cannot be prevented because they are greedy, they specially now that bitcoin or earning through here and other online earning, they will find a way to hack into the system to get what they want.

[joinfree]

And do you really think that this is relevant? This is an exchange, they are always exposed to get hacked, and that is not new. Just take a look at what happened on mt Gox more than years ago.

If you want to be safe, just buy a hardware wallet, that is it.

Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?

[MondayTraddd]

It was unsafe till the paper printed btcs are invented. They encrypt btcs on a paper like dollar and is kept safe in pocket

[zhangxie29152784]

In recent years the hacker attack happens frequently and the rapid increase in the number, encrypted Internet currency really changed our lives, but now hidden trouble in security of the Internet you haven't found the most of the solution. Every time a hacker attacks a person or a platform, how should we defend against hacking? Let me introduce you to the method of minimizing the security risks.

The way to store your passwords is mainly heat storage and cold storage, which is like the wallet you carry in your pocket. Cold storage is a bit like your bank savings account. We must keep this in mind - if money is to be used frequently, you must use hot storage. And if you want to keep your money for a long time, you have to use cold storage.

Because personal wallets are more secure than big trading sites, hackers are more likely to spend a lot of time on a trading site.