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Author Topic: Biggest Bitcoin Mistakes!?!?  (Read 629 times)
AdaptQuickly
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October 09, 2013, 05:48:55 PM
 #1

I want to know what you guys believe are the most common mistakes that new bitcoin user make!




I would have to say that most don't realize the importance of a STRONG password.




I.e 10 charaters w/ letters, capital letters, numbers, and signs (#@$%#...etc)



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naphto
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October 09, 2013, 05:50:43 PM
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Password?

What are you speaking about?
There is no password.


Do you mean password for this forum? Or for an online wallet?
Cryddit
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October 09, 2013, 05:51:09 PM
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Keeping unencrypted wallets on Windows machines with Internet connections.

This is, of course, a self-correcting problem.

sardokan
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October 09, 2013, 05:53:43 PM
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10 caracteres is for my opinion a weak password

Consider using a long easy to remember passphrase, and add short patern with special caracs somewhere in.
pand70
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October 09, 2013, 05:55:27 PM
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People not having backups of their wallets maybe...
Since everyone can encrypt their wallet, cloud backups are a good choice imo.

jeffhuys
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October 09, 2013, 05:57:49 PM
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Passwords ARE NOT ENOUGH! Where possible, use 2-factor.

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October 09, 2013, 05:58:15 PM
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People not having backups of their wallets maybe...
Since everyone can encrypt their wallet, cloud backups are a good choice imo.

Also this. I backup my wallet with dropbox. No problem, because it's encrypted.

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October 09, 2013, 06:01:32 PM
 #8

Failure to back up your wallet. DO IT NOW!!!!

A lot of sad stories start with a wallet that has no backup.

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October 09, 2013, 06:01:41 PM
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Password?

What are you speaking about?
There is no password.


Do you mean password for this forum? Or for an online wallet?

I meant Online wallet password.

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bitcoin44me
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October 09, 2013, 06:05:27 PM
 #10

Do not use 2FA and getting hacked.

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AdaptQuickly
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October 09, 2013, 06:19:12 PM
 #11

Do not use 2FA and getting hacked.

+1

Question: How much does  2FA increase sercurity? I understand that the increase is substantial, but in comparison to not using it?

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Victorinox
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October 09, 2013, 07:13:52 PM
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I backup my wallet, use 2 stem authent and encrypt but how dangerous are Macs in general to these attacks?
sardokan
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October 09, 2013, 07:29:26 PM
 #13

Do not use 2FA and getting hacked.

+1

Question: How much does  2FA increase sercurity? I understand that the increase is substantial, but in comparison to not using it?

If you use OTP (one time password) you resist keyloggers
If not, your password can be the strongest in the world, it's still game over.
torrentheaven
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October 09, 2013, 08:56:27 PM
 #14

I want to know what you guys believe are the most common mistakes that new bitcoin user make!


Forgetting password  Smiley

Make sure you write it to paper so you dont loose access to your wallet in future Smiley
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