Bitcoin Forum
November 10, 2024, 02:11:56 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > Biggest Bitcoin Mistakes!?!?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Biggest Bitcoin Mistakes!?!?  (Read 771 times)
AdaptQuickly (OP)
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
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)
Tip Jar: 169kfp3JMJMHpUQWLqE3DiTV3JfRDT8zZ9 Thanks!!
naphto
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
October 09, 2013, 05:50:43 PM
 #2
Password?

What are you speaking about?
There is no password.


Do you mean password for this forum? Or for an online wallet?
Cryddit
Legendary
*
Offline Offline

Activity: 924
Merit: 1132


View Profile
October 09, 2013, 05:51:09 PM
 #3
Keeping unencrypted wallets on Windows machines with Internet connections.

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

pand70
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
October 09, 2013, 05:55:27 PM
 #4
People not having backups of their wallets maybe...
Since everyone can encrypt their wallet, cloud backups are a good choice imo.
☠ Mακριά απo τo bitcoinx.gr και τoν Serenata ☠
jeffhuys
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
October 09, 2013, 05:57:49 PM
 #5
Passwords ARE NOT ENOUGH! Where possible, use 2-factor.
█████     B I T M I X E R . I O     ██ ██     H I G H   V O L U M E   B I T C O I N   M I X E R     ██ ██     B I T M I X E R . I O     █████
█████     B I T M I X E R . I O     ██ ██     H I G H   V O L U M E   B I T C O I N   M I X E R     ██ ██     B I T M I X E R . I O     █████
█████     B I T M I X E R . I O     ██ ██     H I G H   V O L U M E   B I T C O I N   M I X E R     ██ ██     B I T M I X E R . I O     █████
jeffhuys
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
October 09, 2013, 05:58:15 PM
 #6
Quote from: pand70 on October 09, 2013, 05:55:27 PM
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.
█████     B I T M I X E R . I O     ██ ██     H I G H   V O L U M E   B I T C O I N   M I X E R     ██ ██     B I T M I X E R . I O     █████
█████     B I T M I X E R . I O     ██ ██     H I G H   V O L U M E   B I T C O I N   M I X E R     ██ ██     B I T M I X E R . I O     █████
█████     B I T M I X E R . I O     ██ ██     H I G H   V O L U M E   B I T C O I N   M I X E R     ██ ██     B I T M I X E R . I O     █████
RodeoX
Legendary
*
Offline Offline

Activity: 3066
Merit: 1147


The revolution will be monetized!


View Profile
October 09, 2013, 06:01:32 PM
 #7
Failure to back up your wallet. DO IT NOW!!!!

A lot of sad stories start with a wallet that has no backup.
The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
‎Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
AdaptQuickly (OP)
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
October 09, 2013, 06:01:41 PM
 #8
Quote from: naphto on October 09, 2013, 05:50:43 PM
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.
Tip Jar: 169kfp3JMJMHpUQWLqE3DiTV3JfRDT8zZ9 Thanks!!
bitcoin44me
Full Member
***
Offline Offline

Activity: 252
Merit: 100


MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS


View Profile
October 09, 2013, 06:05:27 PM
 #9
Do not use 2FA and getting hacked.
AdaptQuickly (OP)
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
October 09, 2013, 06:19:12 PM
 #10
Quote from: bitcoin44me on October 09, 2013, 06:05:27 PM
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?
Tip Jar: 169kfp3JMJMHpUQWLqE3DiTV3JfRDT8zZ9 Thanks!!
Victorinox
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
October 09, 2013, 07:13:52 PM
 #11
I backup my wallet, use 2 stem authent and encrypt but how dangerous are Macs in general to these attacks?
torrentheaven
Hero Member
*****
Offline Offline

Activity: 952
Merit: 1000


View Profile
October 09, 2013, 08:56:27 PM
 #12
Quote from: AdaptQuickly on October 09, 2013, 05:48:55 PM
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
Pages: [1]
  Print  
Bitcoin Forum > Other > Beginners & Help > Biggest Bitcoin Mistakes!?!?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!